CBVA Financial Reporting FY26
Financial Statements
Financial Performance
| CBVA Financial Peformance | |||||||||
| For the period 1 April 2025 to 31 March 2026 | |||||||||
| YTD trend | Last 12m | FY25 YTD | FY26 YTD | Budget YTD | Budget YTD Variance | FY26 Budget | FY Budget variance | FY27 Budget | |
|---|---|---|---|---|---|---|---|---|---|
| Income | |||||||||
| Junior program income | $49,095 | $55,729 | $52,780 | $2,949 | $52,780 | $2,949 | $65,000 | ||
| Adult coaching fees | $84,786 | $46,247 | $40,000 | $6,247 | $40,000 | $6,247 | $95,000 | ||
| Adult membership | $33,075 | $32,381 | $34,800 | −$2,419 | $34,800 | −$2,419 | $33,150 | ||
| Squad program income | $27,070 | $17,424 | $27,000 | −$9,576 | $27,000 | −$9,576 | $0 | ||
| External Funding | $11,000 | $9,000 | $12,500 | −$3,500 | $12,500 | −$3,500 | $10,000 | ||
| Other income | $641 | $1,712 | $0 | $1,712 | $0 | $1,712 | $0 | ||
| Sales to members | $9,999 | $1,017 | $7,300 | −$6,283 | $7,300 | −$6,283 | $6,300 | ||
| Tournament fees | $1,725 | $0 | $0 | $0 | $0 | $0 | $0 | ||
| Total Income | — | — | $217,390 | $163,509 | $174,380 | −$10,871 | $174,380 | −$10,871 | $209,450 |
| Expenses | |||||||||
| Adult coaching costs | −$74,934 | −$73,577 | −$50,000 | −$23,577 | −$50,000 | −$23,577 | −$90,000 | ||
| Junior program expenses | −$43,075 | −$67,528 | −$50,880 | −$16,648 | −$50,880 | −$16,648 | −$70,000 | ||
| Squad program expenses | −$25,345 | −$18,410 | −$27,000 | $8,590 | −$27,000 | $8,590 | $0 | ||
| Administration | −$17,302 | −$15,356 | −$23,720 | $8,364 | −$23,720 | $8,364 | −$15,315 | ||
| Events | −$7,205 | −$6,544 | −$12,500 | $5,956 | −$12,500 | $5,956 | −$12,500 | ||
| Purchases for members | −$23,977 | −$4,815 | −$8,300 | $3,485 | −$8,300 | $3,485 | −$7,200 | ||
| Tech & Comms costs | −$5,771 | −$4,190 | −$3,324 | −$866 | −$3,324 | −$866 | −$4,104 | ||
| Coaching support costs | −$2,288 | −$4,042 | −$3,000 | −$1,042 | −$3,000 | −$1,042 | −$3,000 | ||
| Equipment expenses | −$6,017 | −$3,575 | −$5,500 | $1,925 | −$5,500 | $1,925 | −$2,000 | ||
| Jnr support expenses | −$4,000 | −$3,000 | −$3,000 | $0 | −$3,000 | $0 | −$3,000 | ||
| Tournaments costs | −$2,223 | −$291 | −$1,250 | $959 | −$1,250 | $959 | −$1,250 | ||
| Other expenses | −$72 | −$60 | $0 | −$60 | $0 | −$60 | $0 | ||
| Total Expenses | — | — | −$212,210 | −$201,389 | −$188,474 | −$12,915 | −$188,474 | −$12,915 | −$208,369 |
| Net Result | — | — | $5,180 | −$37,880 | −$14,094 | −$23,786 | −$14,094 | −$23,786 | $1,081 |
Notes:
Financial Position
| CBVA Financial Position | ||||
| YTD trend | 2025-03-31 | 2026-03-31 | Change | |
|---|---|---|---|---|
| Assets | ||||
| Cash at bank | $55,822 | $51,804 | −$4,018 | |
| Paypal cash account | $475 | $364 | −$111 | |
| Printful cash account | $170 | $66 | −$104 | |
| Account receivables | $350 | $12,835 | $12,485 | |
| Prepayments | $750 | $614 | −$136 | |
| Equipment assets | $1,469 | $735 | −$734 | |
| Brand assets | $5,000 | $5,000 | $0 | |
| GST paid | $439 | $559 | $120 | |
| Total Assets | — | $64,474 | $71,977 | $7,503 |
| Liabilities & Equity | ||||
| GST collected | $4,618 | $4,144 | −$474 | |
| Account payables | $7,542 | $3,251 | −$4,291 | |
| Wages payable | $0 | $5,863 | $5,863 | |
| PAYG payable | $0 | $7,882 | $7,882 | |
| Superannuation payable | $0 | $935 | $935 | |
| Unearned income | $4,000 | $42,069 | $38,069 | |
| Jnr support provision | $2,081 | $5,973 | $3,893 | |
| Retained equity | $39,815 | $1,860 | −$37,955 | |
| Accrued expenses | $6,419 | $0 | −$6,419 | |
| Total Liabilities & Equity | — | $64,474 | $71,977 | $7,503 |
Notes:
Additional Analysis
Aggregate summary
This table gives a summary overview of financial performance by cost centre, as well some key financial position balances.
| CBVA Financial Peformance | |||
| For the period 1 April 2025 to 31 March 2026 | |||
| FY25 YTD | FY26 YTD | Budget YTD | |
|---|---|---|---|
| CBVA Core | |||
| Income | $57,559 | $43,792 | $54,600 |
| Expenses | −$70,176 | −$42,034 | −$60,594 |
| Total CBVA Core | −$12,616 | $1,758 | −$5,994 |
| Adult Coaching | |||
| Income | $84,786 | $46,247 | $40,000 |
| Expenses | −$74,934 | −$73,577 | −$50,000 |
| Total Adult Coaching | $9,852 | −$27,330 | −$10,000 |
| Squad Program | |||
| Income | $27,070 | $17,424 | $27,000 |
| Expenses | −$25,345 | −$18,410 | −$27,000 |
| Total Squad Program | $1,725 | −$986 | $0 |
| Junior Program | |||
| Income | $49,295 | $56,206 | $52,780 |
| Expenses | −$43,075 | −$67,528 | −$50,880 |
| Total Junior Program | $6,220 | −$11,323 | $1,900 |
| Net Result | $5,180 | −$37,880 | −$14,094 |
| CBVA Financial Position | |
| 2026-03-31 | |
|---|---|
| Assets | |
| Cash at bank | $51,804 |
| Other assets | $20,173 |
| Total Assets | $71,977 |
| Liabilities & Equity | |
| Liabilities | $70,117 |
| Retained equity | $1,860 |
| Total Liabilities & Equity | $71,977 |
Year to date performance
Monthly performance
Cost centre monthly
Historical performance
Year to date history
Long term cash trend
Our long term cash trend shows a
return to historical levels following COVID years. For its current scale
of operations, CBVA should aim to maintain a cash balance between $25k
and $40k.
Class pack sales
Detailed Breakdowns
CBVA Core
| CBVA Core Operations | |||||
| FY25 YTD | FY26 YTD | FY26 Budget | FY Budget variance | FY27 Budget | |
|---|---|---|---|---|---|
| Income | |||||
| Adult Renewed membership | $19,445 | $20,741 | $18,800 | $1,941 | $21,150 |
| Adult New membership | $14,950 | $11,800 | $16,000 | −$4,200 | $12,000 |
| Sponsorship | $5,000 | $5,000 | $5,000 | $0 | $10,000 |
| Grant funding | $6,000 | $4,000 | $7,500 | −$3,500 | $0 |
| Other income | $143 | $1,119 | $0 | $1,119 | $0 |
| Apparel sales | $9,853 | $1,017 | $1,900 | −$883 | $900 |
| Interest | $298 | $115 | $0 | $115 | $0 |
| Ball sales | $145 | $0 | $5,400 | −$5,400 | $5,400 |
| Tournament fees | $1,725 | $0 | $0 | $0 | $0 |
| Total Income | $57,559 | $43,792 | $54,600 | −$10,808 | $49,450 |
| Expenses | |||||
| Administration | −$17,302 | −$15,356 | −$23,720 | $8,364 | −$15,315 |
| Events | −$7,205 | −$6,544 | −$12,500 | $5,956 | −$12,500 |
| Technology costs | −$5,561 | −$4,190 | −$3,324 | −$866 | −$4,104 |
| Workers compensation | $0 | −$3,830 | $0 | −$3,830 | $0 |
| Jnr support expenses | −$4,000 | −$3,000 | −$3,000 | $0 | −$3,000 |
| Equipment expenses | −$5,015 | −$2,840 | −$5,500 | $2,660 | −$2,000 |
| Member benefits | −$771 | −$2,608 | $0 | −$2,608 | $0 |
| Apparel purchases | −$21,752 | −$2,207 | −$1,100 | −$1,107 | $0 |
| Equipment depreciation | −$1,002 | −$734 | $0 | −$734 | $0 |
| Tournaments costs | −$2,223 | −$291 | −$1,250 | $959 | −$1,250 |
| Coaching development | −$2,288 | −$212 | −$3,000 | $2,788 | −$3,000 |
| Adult Refunds | −$1,320 | −$160 | $0 | −$160 | $0 |
| Transaction fees | −$71 | −$35 | $0 | −$35 | $0 |
| Other expenses | −$1 | −$25 | $0 | −$25 | $0 |
| Ball purchases | −$1,455 | $0 | −$7,200 | $7,200 | −$7,200 |
| Design expenses | −$46 | $0 | $0 | $0 | $0 |
| Software expenses | −$164 | $0 | $0 | $0 | $0 |
| Total Expenses | −$70,176 | −$42,034 | −$60,594 | $18,560 | −$48,369 |
| Net Result | −$12,616 | $1,758 | −$5,994 | $7,752 | $1,081 |
Junior Program
| Junior Program Detail | |||||
| FY25 YTD | FY26 YTD | FY26 Budget | FY Budget variance | FY27 Budget | |
|---|---|---|---|---|---|
| Income | |||||
| Jnr program fees | $26,829 | $27,003 | $28,280 | −$1,277 | $65,000 |
| Jnr schools program | $16,500 | $22,500 | $18,000 | $4,500 | $0 |
| Jnr tournaments income | $2,266 | $3,241 | $2,500 | $741 | $0 |
| Jnr membership | $3,500 | $2,985 | $4,000 | −$1,015 | $0 |
| Active Kids inflows | $200 | $477 | $0 | $477 | $0 |
| Total Income | $49,295 | $56,206 | $52,780 | $3,426 | $65,000 |
| Expenses | |||||
| Jnr coaching costs | −$27,301 | −$47,377 | −$34,930 | −$12,447 | −$70,000 |
| Jnr schools coaching costs | −$12,500 | −$18,807 | −$12,000 | −$6,807 | $0 |
| Jnr transaction fees | $0 | −$691 | $0 | −$691 | $0 |
| Jnr tournaments expenses | −$140 | −$653 | −$700 | $47 | $0 |
| Jnr admin | −$1,126 | $0 | −$750 | $750 | $0 |
| Jnr apparel purchase | −$1,014 | $0 | −$1,500 | $1,500 | $0 |
| Jnr equipment | −$545 | $0 | −$800 | $800 | $0 |
| Jnr marketing | −$450 | $0 | −$200 | $200 | $0 |
| Total Expenses | −$43,075 | −$67,528 | −$50,880 | −$16,648 | −$70,000 |
| Net Result | $6,220 | −$11,323 | $1,900 | −$13,223 | −$5,000 |
Squad Program
| Squad Program Detail | |||||
| FY25 YTD | FY26 YTD | FY26 Budget | FY Budget variance | FY27 Budget | |
|---|---|---|---|---|---|
| Income | |||||
| Squad coaching fees | $27,070 | $17,424 | $27,000 | −$9,576 | $0 |
| Total Income | $27,070 | $17,424 | $27,000 | −$9,576 | $0 |
| Expenses | |||||
| Squad coach payments | −$24,720 | −$16,733 | −$27,000 | $10,267 | $0 |
| Squad equipment | $0 | −$1,229 | $0 | −$1,229 | $0 |
| Sqaud transaction fees | $0 | −$449 | $0 | −$449 | $0 |
| Squad admin | −$625 | $0 | $0 | $0 | $0 |
| Total Expenses | −$25,345 | −$18,410 | −$27,000 | $8,590 | $0 |
| Net Result | $1,725 | −$986 | $0 | −$986 | $0 |
Adult Coaching
| Adult Coaching Detail | |||||
| FY25 YTD | FY26 YTD | FY26 Budget | FY Budget variance | FY27 Budget | |
|---|---|---|---|---|---|
| Income | |||||
| Adult coaching fees | $84,786 | $46,247 | $40,000 | $6,247 | $95,000 |
| Total Income | $84,786 | $46,247 | $40,000 | $6,247 | $95,000 |
| Expenses | |||||
| Adult coaching costs | −$71,609 | −$67,575 | −$50,000 | −$17,575 | −$90,000 |
| Adult coaching equipment | −$2,200 | −$4,134 | $0 | −$4,134 | $0 |
| Adult coaching transaction fees | $0 | −$1,867 | $0 | −$1,867 | $0 |
| Adult coaching admin | −$1,125 | $0 | $0 | $0 | $0 |
| Total Expenses | −$74,934 | −$73,577 | −$50,000 | −$23,577 | −$90,000 |
| Net Result | $9,852 | −$27,330 | −$10,000 | −$17,330 | $5,000 |
Reconciliations
Cash reconciliation
The table below shows the opening cash
balance, the net movement from cash transactions and a calculated
closing balance compared to the closing balance from the bank
statement.
| Cash reconciliation summary | |
| Amount | |
|---|---|
| Opening balance | $55,822 |
| Change in transactions | −$4,018 |
| Calculated closing balance | $51,804 |
| Balance from bank statement | $51,804 |
The difference between the calculated cash closing balance and the closing balance per the bank statement is 0.