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ESG&EC About Us

Celebrating Years Of Reschs Enhanced Financial Smoke And Mirrors

Our Corporate Governance & Financial Statements Make Sam Bankman-Fried's FTX Cryptocurrency Exchange Seem Like A Well Run & Profitable Enterprise

The ESG&EC wishes it's members, golfers, euchre players, greyhound syndicate shareholders and Fatcat's NRL tipsters a Merry Christmas and a Prosperous, Happy New Year.

LATEST CLUB FINANCIAL STATEMENTS
audited by President Davidson Love III, Keeper of the Privy Purse

EARLWOOD TIME (AEDT)

REGISTERED OFFICE

Earlwood Social Golf & Euchre Club

An Oasis For Gentlemen - Est. 1989

REGISTERED OFFICE

Davidson Love Glorious Foundation

A Christian Porter Inspired Blind Trust For Those Seeking Discreet Favours From The Sagacious One

REGISTERED OFFICE

Fatcat's 'NRL Tipping Comp
With A Difference'

An Accredited Tier 1 Ponzi Scheme Registered With The Earlwood Securities Exchange

REGISTERED OFFICE

Earlwood Securities Exchange

Where Money Talks And
Bureaucrats Have Big Ears

REGISTERED OFFICE

ESG&EC World Series of Euchre

Proudly Sponsored By
Girrahween Park Estate
Home of the Golfing Immortals
award-winning wine range

REGISTERED OFFICE

ESG&EC World Series of Golf

Proudly Sponsored By
The Royal Bank of Earlwood

REGISTERED OFFICE

ESG&EC Match Play Championship

Proudly Sponsored By The Tubby Waldorf Astoria Bed & Breafast Bexley North

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Statements, prepared as per 1. Accounting Standard AASB 101, are read into the club's accounts by the Honourable Davidson Love III and are unanimously recognised as an accurate detailing of tournament income and expenditure.

1. The Australian Accounting Standards Board made Accounting Standard AASB 101 Presentation of Financial Statements under section 334 of the Corporations Act 2001 on 24 July 2015.

Recent Tournament P&Ls and EOY Bank Balances

ESG&EC Last 5 End of Year Bank Balances

2024 MATCH PLAY

Balance Pre Tournament - $3,356.62

Revenue - $1,200 (12 players)
Expenses - $1.654.30 (green fees & carts 659, prizemoney 700, milestones 50, hospitality 245.30)
Tournament Loss - $454.30

Balance Post Tournament - $2,902.32

2024 WORLD SERIES

Balance Pre Tournament - $2,356.62

Revenue - $6,500.00 (18 players plus other contributors)
Expenses - $5,500.00 (green fees & carts 3520, prizemoney 1500, golf extras - ids, balls, milestones 180, hospitality - friday drinks 300)
Tournament Profit - $1,000.00

Balance Post Tournament - $3,356.62

2023 MATCH PLAY

Balance Pre Tournament - $3,493.32

Revenue - $1,250 (11 players and 3 socials)
Expenses - $2,286.70 (green fees & carts 1128, prizemoney 700, milestones 100, hospitality 458.70)
Tournament Loss - $1,136.70

Balance Post Tournament - $2,356.62

2023 WORLD SERIES

Balance Pre Tournament - $3,243.32

Revenue - $7,330.00 (15 players plus other contributors)
Expenses - $7,080.00 (green fees & carts 3363, prizemoney 1400, shirts 1240, golf extras - ids, balls, milestones 182, hospitality - wyong lunch and friday drinks 472, beercoin refunds 425)
Tournament Profit - $250.00

Balance Post Tournament - $3,493.32

2022 MATCH PLAY

Balance Pre Tournament - $4,276.12

Revenue - $570 (9 players)
Expenses - $1,602.80 (green fees & carts 550, prizemoney 700, hospitality 352.80)
Tournament Loss - $1,032.80

Balance Post Tournament - $3,243.32

2022 WORLD SERIES

Balance Pre Tournament - $3,536.12

Revenue - $6,279 (20 players less refunds)
Expenses - $5,539 (course costs 1897, golf extras - ids, balls, milestones, beercoin 1445, prizemoney 1500, hospitality - wyong lunch, wednesday lunch, fri bar tab 697)
Tournament Profit - $740

Balance Post Tournament - $4,276.12

2021 MATCH PLAY

Balance Pre Tournament - $4,097.22

Revenue - $1,800 (18 players)
Expenses - $2,361.10 (green fees 1118, prizemoney 700, hospitality 443.10, milestones 100)
Tournament Loss - $561.10

Balance Post Tournament - $3,536.12

2021 WORLD SERIES

Balance Pre Tournament - $3,056.22

Revenue - $9,150 (20 players + Duck)
Expenses - $8,109 (course costs 4021, golf extras - ids, balls, shirts 1538, prizemoney 1500, hospitality - wed lunch, fri bar tab, beercoins 1050)
Tournament Profit - $1,041

Balance Post Tournament - $4,097.22

2020 MATCH PLAY

Balance Pre Tournament - $3,378.22

Revenue - $2,200 (22 players)
Expenses - $2,522 (green fees 1124, prizemoney 850, hospitality 548)
Tournament Loss - $322

Balance Post Tournament - $3,056.22

2020 WORLD SERIES

Balance Pre Tournament - $2,297.12

Revenue - $7,650 (17 players)
Expenses - $6,568.90 (course costs 3365, golf extras - ids, balls, shirts 1129.50, milestones 150, prizemoney 1100, hospitality - wed lunch, fri esky & bar tab, beercoins 789.40)
Tournament Profit - $1,081.10

Balance Post Tournament - $3,378.22

2019 MATCH PLAY

Balance Pre Tournament - $2,854.82

Revenue - $1,900 (17 players + 4 guests)
Expenses - $2,457.70 (green fees 1082, milestones 100, prizemoney 700, hospitality 575.70)
Tournament Loss - $557.70

Balance Post Tournament - $2,297.12

2019 WORLD SERIES

Balance Pre Tournament - $1,924.85

Revenue - $7,390 (16 players + 2 guests)
Expenses - $6,460.03 (course costs 3032, golf extras - ids, balls, shirts 1106.13, milestones 100, prizemoney 1450, hospitality - tues lunch, wed lunch, fri bar tab, beercoins 771.90)
Tournament Profit - $929.97

Balance Post Tournament - $2,854.82

2018 MATCH PLAY

Balance Pre Tournament - $3,138.85

Revenue - $1,190 (17 players)
Expenses - $2,404 (green fees 978, prizemoney 700, milestones 200, hospitality 526)
Tournament Loss - $1,214

Balance Post Tournament - $1,924.85

2018 WORLD SERIES

Balance Pre Tournament - $3,568.50

Revenue - $8,470 (21 players + 1 guest)
Expenses - $8,899.65 (course costs 3959, golf extras - ids, balls, shirts 1268.75, milestones 150, prizemoney and trophy 1560, hospitality - tues lunch, wed lunch and betting, fri bar tab, beercoins 1706.90, refunds - kentie and early fri leavers 255)
Tournament Loss - $429.65

Balance Post Tournament - $3,138.85

2017 MATCH PLAY

Balance Pre Tournament - $4,575.50

Revenue - $1,330 (19 players)
Expenses - $2,337 (green fees 988, hospitality 579, milestone 50, prizemoney and trophys 720)
Tournament Loss - $1,007

Balance Post Tournament - $3,568.50 #

2017 WORLD SERIES

Balance Pre World Series - $3,655.50

Revenue - $9,650 (24 players + 1 guest)
Expenses - $8,730 (golf courses 2618, wet weather refunds 1370, prizemoney and trophy 1560, shirts 1075, happy hours 315, Friday drinks 880, milestones 150, Wednesday betting and seafood buffet 301, ids and golf balls 185 and Wyong lunch 276)
Tournament Profit - $920

Balance Post Tournament - $4,575.50