NZ Standardbred Breeders 2022 Chairman’s Report for the 2022 Annual Report
This report and audited accounts cover the period August 2021 to July 2022.
Whilst Harness Racing New Zealand has changed the racing calendar to be on a calendar year, and has changed horse’s birthdays to the 1 January, the financial year for NZSBA (and also for HRNZ) continues to be August to July.
Following the move of Brad Reid to HRNZ to take up a Breeding Manager role, the National Executive appointed John Mooney to the position of Executive Manager.
The Executive Manager’s role has been restructured from being a full-time employee of the Breeders to being a part time contract position. It is a credit to John that the various activities of the Breeders and services to members continued to be delivered – on time and within budget. On behalf of the National Executive, I thank John for what he achieved in the year.
In the 2022 year the National body resumed paying the three affiliates – North Island, Canterbury and Southland their share of member’s subscriptions to support regional activities.
With a close attention to costs and with continued support from members and industry supporters we achieved a surplus of $14,299 in the year. This compares with a small deficit of $201 in the previous year. At balance date – 31 July 2022 NZSBA was in a sound financial position with accumulated funds of $51,316.