THE MS SOCIETY OF TASMANIA. Annual Report Annual Report and Financial Statements

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1 THE MS SOCIETY OF TASMANIA and Financial Statements For the Year Ended 30 June 2016

Chairman s Report Page 2 THE MS SOCIETY OF TASMANIA I would like to commence my final Chairman s report by thanking and acknowledging the tremendous support received during my role as Chairman over

2 Chairman s Report Page 2 THE MS SOCIETY OF TASMANIA I would like to commence my final Chairman s report by thanking and acknowledging the tremendous support received during my role as Chairman over this past two years. The staff of the Society, my Board colleagues, key stakeholders, our partners, fundraisers and most importantly consumers and carers. Your advice, guidance and willingness to share your own personal experiences has meant that not only has the Society been able to make an informed decision about its future, but at a more personal level I was also incredibly humbled and motivated by your stories of triumph and challenges. Thank you. You may recall in last year s I outlined the significant challenges that the Society was facing. As a result of a root-and-branch review undertaken by the Board with the assistance of KPMG, the Board concluded that the Society: will not be a sustainable or viable organisation if it continued with its current business model will not be a competitive service provider under the NDIS, and primarily given its size, limited resource base and lack of preparation for the introduction of the NDIS. Through a comprehensive consultation process, the Board listened to and heard very clearly from its members that paramount to them was the need to ensure the existence of a specialist multiple sclerosis service provider within the Tasmanian health and welfare landscape. In order to meet this objective, the Board working with staff and with the assistance of KPMG identified a number of potential new business models, concluding that a merger with an interstate multiple sclerosis society held the greatest opportunity for a specialist provider to remain in Tasmania. The Tasmanian Board approached Multiple Sclerosis Limited (MSL), which is a conglomerate of Societies from ACT, NSW and Victoria, seeking their interest in a potential merger. With strong support from MSL and the necessary due diligence concluded by each party respectively, the Tasmanian Society undertook further consultation with members and key stakeholders to outline a proposal that would see Multiple Sclerosis Tasmania merge with MSL. With strong member support for a merger, a Special General Meeting of Multiple Sclerosis Tasmania was called and a formal vote undertaken that resulted in more than 90 per cent of members supporting the merger with MSL. As a consequence of this vote, MSL and MST have worked incredibly hard to not only join the organisations through a range of business processes but also to appreciate and respect each other s culture.

THE MS SOCIETY OF TASMANIA On 1 July 2016 the Multiple Sclerosis Society of Tasmania merged with MSL and its deregistration and wind-up processes are now well underway.

3 THE MS SOCIETY OF TASMANIA On 1 July 2016 the Multiple Sclerosis Society of Tasmania merged with MSL and its deregistration and wind-up processes are now well underway. For some, the merger reflects a sense of sadness that after its 56 years of operation the Tasmanian Society's capacity to meet the financial and regulatory challenges was not achievable independently. The strength of the Society is and has always been in ensuring that people living with multiple sclerosis and their carers are central to all its activities, services and advocacy. This central principle paved the way for the merger to occur, as it allowed the decision to move forward with a merger to be a relatively easy one. The merger is very reassuring as it has allowed a specialist multiple sclerosis service to remain firmly in place within Tasmania. The service will continue to be delivered by Tasmanians and an organisation that is dedicated to improving the health and welfare outcomes for people affected by multiple sclerosis. This is a critically important outcome given the National Disability Insurance Scheme. To ensure Tasmania is represented at the highest level of MSL, both Sharlene Brown and I have been appointed as Directors on the MSL Board and we invite you to make contact with us through MSL if you would like to discuss any facet of consumer engagement, advocacy, service delivery or governance in the future. In conclusion, thank you for your interest in multiple sclerosis and the Society. Thank you to all those staff, consumers, carers, Board members and other stakeholders who ensured that people living with multiple sclerosis and their carers living in Tasmania have always had a voice and specialist service over the past 56 years. Your continued support into the future is equally important to ensure that people with multiple sclerosis remain at the forefront of government funding and policy decision making, specialist service delivery, research and education. Kind regards Associate Professor Des Graham Page 3

4 THE MS SOCIETY OF TASMANIA Summary Financial Statement Directors Report The Multiple Sclerosis Society of Tasmania (MS TAS) merged with Multiple Sclerosis Limited (MSL) which is the merged entity of the MS Societies of NSW, Victoria and the ACT. MS Tasmania has been operating within an environment of unprecedented change. Significant reforms are taking place nationally in the disability sector the most significant being the rollout of the National Disability Insurance Scheme (NDIS). After a rigorous assessment the MS Tasmania Board unanimously agreed that in light of the changing funding environment and increasing competitive market, MS Tasmania would not be a financially sustainable or viable organisation if the current business model were to continue. The Board further agreed that the key benefit is securing a future for MS Tasmania, as an amalgamated organisation was to ensure that people in Tasmania living with MS would be able to continue to access services. Multiple Sclerosis Limited shares the vision and values of MS Tasmania and is primarily concerned by the future and wellbeing of people affected by multiple sclerosis, and as an MS organisation they feel a duty of care to people affected by multiple sclerosis in Tasmania. MSL was subject to a detailed due diligence process for MS TAS by KPMG, which confirmed it is a well-managed and financially viable organisation. With the size of MSL, the ability to achieve operational efficiencies and an opportunity to leverage shared infrastructure, the merger would not only provide an affordable and sustainable future of service delivery for people affected by multiple sclerosis in Tasmania, but would also provide potential for expansion and growth in the services provided, as well as more effective fundraising events and opportunities. The merger will also provide enhanced capacity for advocacy, an ongoing commitment to research and a higher profile in the community. On 23 March 2016 a members vote took place at a Special General Meeting, with the result as follows: RESOLUTION A: Constitution Additional to Objects: 95% FOR RESOLUTION B: Constitution Winding Up Provisions: 93% FOR RESOLUTION C: Merger with Multiple Sclerosis Limited: 98% FOR On 24 March the Directors of MSL and MS TAS came together to hear the outcome of the MS TAS member vote, and to discuss and endorse the final merger documents and Integration Plan. Both Boards were, and continue to be, committed to a collaborative approach for the project with an open and transparent exchange of information. The aim is to keep all stakeholders involved and informed with the best interests of People affected by Multiple Sclerosis at the forefront. On 1 July The MS Society Deed of Merger and Deed of Gift was signed. Page 4

5 Information on directors THE MS SOCIETY OF TASMANIA The names of each person who has been a director during the year and to the date of this report are: Adjunct Assoc Professor Des Graham Chair Board member since 2013 Chair Executive Committee Master of Science (Mental Health), Dep Ap Sc (Nursing), Cert. Crisis Intervention-Mental Health Adjunct Assoc Professor University of Tasmania Previous Deputy Secretary Department Health & Human Services David Nowell Sharlene Brown Deputy Chair Board member since 2007 Chair Finance, Audit and Risk Committee Bachelor of Commerce (B.Com), Fellow of CPA Australia (FCPA), Master of Business Administration (MBA), Fellow of Australian Institute of Company Directors (FAICD), and Master of Commercial Law (M.Com.Law) Director Board member since 2009 to April 2016* Chair, Quality Improvement and Consumer Engagement Committee, Member, NDIS Committee Bachelor of Laws (LLB), Graduate Certificate in Legal Practice Member of Australian Institute of Company Directors Chartered Secretaries of Australia Certificate in Governance and Risk Management Experienced litigator (* at this time Ms Brown resigned from the Board to take up Acting CEO role from 7 April 16 to 30 June 16) Margaret Hunyady-Sutherland Geoffrey Collis Director Board member since 2005 (resigned July 2015) Member Marketing and Business Development Committee Member of Australian Institute of Company Directors Vice President Clarence Football Club Member of Women Chiefs of Enterprises, Past International President POWERtalk International Telstra Business Women s Awards Alumni Director Board member since 2013 Member Marketing and Business Development Committee, Member NDIS Committee Recently retired Assistant Principal Rosny College Previously Board Member of Hockey Tasmania Page 5

6 THE MS SOCIETY OF TASMANIA Sean O Moore Christine Storm Julie Anne Tate Director Board member since 2013 Chair Marketing and Business Development Committee, Member NDIS Committee Member of Multiple Steps Forward Member Glenorchy City Council s Access Committee Director Board member since 2013 Member Marketing and Business Development Committee Business Consultant and Executive Coach Director Board member since 2013 Deputy Chair and Member Finance Audit and Risk Committee Fellow Australian Institute of Radiography, Fellow Australasian College of Health Service Management, Member Australian Institute of Management, Previously Board Director Cooperative Research Centre for Biomedical Imaging Development Directors have been in office since the start of the financial year to the date of this report, unless otherwise stated. During the financial year, 10 meetings of directors were held. Attendances by each director during the year were as follows: Directors' Meetings Number eligible to attend Number attended Desmond Graham David Nowell 10 9 Sharlene Brown 9 9 Geoffrey Collis 10 8 Sean O Moore Christine Turnbull 10 8 Margaret Hunyady-Sutherland 0 0 Julie Anne Tate 10 9 Principal activities The principal activities of The Multiple Sclerosis Society of Tasmania during the financial year involved the provision of care coordination, information, education, specialist nursing support and advocacy needed by Tasmanian s living with multiple sclerosis in order to minimise the impact of the disease on them, their families and their carers. Page 6

7 THE MS SOCIETY OF TASMANIA Auditor s Independence Declaration To the directors of The Multiple Sclerosis Society of Tasmania In accordance with the requirements of section of the Australian Charities and Not-for-profits Commission Act 2012, as auditor of The Multiple Sclerosis Society of Tasmania for the year ended 30 June 2016, I declare that, to the best of my knowledge and belief, there have been: a) No contraventions of the auditor independence requirements of the of the Australian Charities and Not-for-profits Commission Act 2012 in relation to the audit; and b) No contraventions of any applicable code of professional conduct in relation to the audit. Page 7

8 THE MS SOCIETY OF TASMANIA Statement of profit or loss and other comprehensive income For the year ended 30 June 2016 Page 8

9 Statement of Financial Position For the year ended 30 June 2016 THE MS SOCIETY OF TASMANIA Page 9

10 Statement of changes in equity For the year ended 30 June 2016 THE MS SOCIETY OF TASMANIA Page 10

11 Statement of cash flows For the year ended 30 June 2016 THE MS SOCIETY OF TASMANIA Page 11

Notes to the Financial statements For the year ended 30 June 2016 THE MS SOCIETY OF TASMANIA Directors Declaration The directors of the Company declare that: 1.

12 Notes to the Financial statements For the year ended 30 June 2016 THE MS SOCIETY OF TASMANIA Directors Declaration The directors of the Company declare that: 1. The summary financial statements and notes, as set out on pages 8 to 12 are an extract from the full financial statements for the year ended 30 June 2016 and are consistent with the information contained in the full financial statements. 2. At the date of this statement, there are reasonable grounds to believe that The Multiple Sclerosis Society of Tasmania will be able to pay its debts as and when they fall due. This declaration is made in accordance with a resolution of the Board of Directors Page 12

Multiple Sclerosis Society of Tasmania ABN:95 009 484 093 Address: 15

13 Multiple Sclerosis Society of Tasmania ABN: Address: 15 Princes Street, Sandy Bay TAS 7005 Phone: (03) Website:

State of Support for the Healthwatch network

The Rt Hon Jeremy Hunt MP Secretary of State Department of Health Richmond House 79 Whitehall London SW1A 2NS 04 December 2017 Dear Secretary of State, State of Support for the Healthwatch network Please