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Page 1: Annual Report 2016 - Parenting Place · families can transform society. This conviction animates our work as we seek to walk alongside and coach, moving families towards a place of

Annual Report 2016

Page 2: Annual Report 2016 - Parenting Place · families can transform society. This conviction animates our work as we seek to walk alongside and coach, moving families towards a place of

“Healthy, loving families can transform society.”

Our mission 1

Our programmes 9

Our financials 21

Our future 39

Page 3: Annual Report 2016 - Parenting Place · families can transform society. This conviction animates our work as we seek to walk alongside and coach, moving families towards a place of

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Our mission

Page 4: Annual Report 2016 - Parenting Place · families can transform society. This conviction animates our work as we seek to walk alongside and coach, moving families towards a place of

4

Our story

Parenting with Confidence was

founded in 1993 by Ian and Mary Grant,

who, after a long career in Youth for

Christ, sought to broaden their ministry

to reach the whole family. Ian and Mary

were compelled by their deep Christian

faith and the hope offered to all people

through the Gospel. They sought to

work this out through equipping and

encouraging parents to grow great

family relationships. Inherent in all the

programmes, events and resources that

grew under the Grants’ leadership, there

was a heart of humility, love, generosity

and service.

As heirs of this heart and vision, our

work continues to strengthen and serve

all whānau in Aotearoa, New Zealand.

We know that parents and children

genuinely long for meaningful

relationships, and that healthy, loving

families can transform society. This

conviction animates our work as we

seek to walk alongside and coach,

moving families towards a place

of flourishing – marked by good

communication, love, resilience,

fun and trust.

Our programmes and resources

are designed to engage, encourage

and equip all families right where

they are, offering inspiration, not

simply information.

Through our courses, events,

presentations in schools, resources

(both print and digital) and one-on-

one coaching, we aim to challenge

the cultural norms that undermine

good family relationships, and offer an

alternative vision for life.

The success of our work is therefore

not measured primarily by the number

of people who attend our courses or

hear our talks, but by the growth of

life-giving and hope-filled relationships –

between parents and children, and the

parents themselves.

inspiring andequipping familiesto thrive

For the most part, Kiwi parents are

doing a great job. According to the 2015

Superu Families and Whānau Status

Report, New Zealand families generally

enjoy “good levels of well-being.” When

it comes to choosing a place to raise

a family, Aotearoa is the second most

desirable country in the world.1

However, not all Kiwi families are

flourishing, and many face deeply

complex challenges.

Roughly one third of New Zealand

marriages end in divorce2 and when

it comes to the abuse and neglect of

children, New Zealand statistics can

be alarming.

Vulnerable and low-income families

are often disproportionately represented

with regard to unemployment, poor

education, sickness, family violence,

crime, unplanned pregnancies and one-

parent families. These challenges often

become barriers to accessing help and

support, and children born into these

families are particularly at risk.

We believe every child deserves the

chance to thrive, belong and achieve –

and a healthy, loving whānau makes this

a reality. Studies show that raising the

confidence and competence of parents

has a number of positive effects when

it comes to alleviating and preventing

risk. The National Parenting Education

Network has found that, “Parent

education strengthens families by

providing relevant, effective education

and support, and encouraging an

optimal environment for the healthy

growth and development of parents/

caregivers and children.”

A comprehensive report released

by the Families Commission also

advocates for effective parenting

programmes as a key way to reduce

the risk of maltreatment of vulnerable

children. Families Commissioner

Belinda Milnes says, “There is urgent

need to reduce the high number of

vulnerable children in New Zealand

who are at risk of harm now or in the

future. One solution is to help parents

of vulnerable children better care for

and nurture their children.”4

1 HSBC 2015 Expat Explorer Survey2 Statistics New Zealand

3 National Parenting Education Network. Best Practices for Parent Education and Support Programs Issue #10, August 2010 by Anne Samuelson, University of Wisconsin-Madison and University of Wisconsin-Extension. 4 familiescommission.org.nz

New Zealand families

3

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Chairman

The past year has been one of

significant momentum for The

Parenting Place. We have witnessed

gratifying growth in both numbers and

harder-to-quantify factors like morale

and the fulfilment of mission goals.

The Building Awesome Whānau

Toolbox now accounts for almost

50 percent of all Toolbox courses

undertaken, impacting over 4,000

parents. Over 250,000 students

have received the Attitude programme,

and over 5,000 students and parents

attended presentations together.

We now have a Family Coach in

Wellington, and our National Young

Leaders Days continue to grow, both

in numbers and impact.

Greg Fleming, our CEO, has been

in the role for a little over a year

now. He has guided the organisation

through necessary changes, resulting

in a stronger organisation and has lifted

team spirit at every level. Greg leads

a dedicated staff of approximately 80

nationwide, who remained strongly

motivated through what was a difficult

18-month period to continue to achieve

excellence. On behalf of the Board,

I would like to record our thanks for the

dedication and commitment of Greg and

the whole team.

This year we welcomed Alison Barrass,

Emeline Afeaki-Mafile’o and Mark Powell

to the Board. Their contributions have

already been most valuable. We also

farewelled Peter Kemps after 10 years

of dedicated service. Peter continues to

maintain his ties with us, assisting with

legal matters from time to time. Peter,

thank you for your commitment and

dedication to The Parenting Place.

The Parenting Place is blessed to have

a Board of the calibre it does. It is made

up of individuals who are always keen to

go above and beyond to offer assistance.

I would like to thank the Board for its

ongoing support of the organisation.

We have continued to receive

strong backing from our key sponsors,

particularly Toyota, Vodafone and

The Warehouse, along with thousands

of New Zealanders who generously

provide donations to further our work.

I am confident this is key to enabling

us to ‘inspire and equip families to thrive

in New Zealand’.

I confidently assure you that the

organisation is in great heart and

hands. It is progressing its mission

and the founding vision of Ian and

Mary Grant with great impact across

our whole nation.

David Belcher

Chairman

CEO

Ko koe te tahi rau hei whiri i tenei whāriki

e akiaki i ngā whānau ō Aotearoa.

“You are now one of the leaves woven

into this mat that nurtures the families

of Aotearoa.” We speak this over

every person joining our team at The

Parenting Place, and over these past 12

months we’ve spoken it nearly 30 times.

This has indeed been a year of

change, a year of growth, and a year

of weaving. With the first two of our

four strategic goals – nurturing the

team and integrating our work – at the

forefront of our minds, we have worked

to weave our founding vision of thriving

relationships into every part of our work.

And from that place of unity we’ve

pursued the other goals of deepening

our impact and securing our resources.

This coming year will see significant

expansion of all of our programmes,

as well as the launch of several more

– including marriage and relationship

retreats, the continued roll out of

Attitude Intermediate, preparation

for parent-teen retreats, and the

establishment of physical Parenting

Places in Christchurch and Tauranga.

In our strategic plan we describe

our work as engaging and inspiring,

accessible, for every family, generous,

ambitious for New Zealand, and shaped

by hope. After each of those is a

descriptive paragraph. The one on

hope reads like this -

People are created for relationships

that provide life and hope

(whanaungatanga). For us this is rooted

in the vision of Te Rongopai (the

Gospel) which offers hope for every

person and every relationship. This

ambitious dream of whanaungatanga

has been woven throughout our

nation’s history and underpins how we

see families and work towards their

flourishing.

We are so deeply grateful for the

privilege to serve in this way – to invest

our time and passion in the mission of

inspiring and equipping New Zealand

families to flourish each and every day.

Greg Fleming

CEO

Reports

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Zane Scarborough

Programme Director

Dave Atkinson

Creative Director

Leadership team

Greg Fleming

CEO

Co-founder and former CEO of Venn

Foundation and Maxim Institute, Greg

is Chairman of Compass Foundation

and received the Sir Peter Blake Trust

Emerging Leader Award in 2005.

With us from 2006, Zane was Attitude

Manager from 2010-2015. He has

delivered more than 1150 presentations

to over 150,000 teens.

Dave worked for Attitude from 2006-

2015 and is the face of Vodafone’s Digi-

parenting initiative in partnership with

The Parenting Place.

James Beck

Attitude Manager

James joined our Attitude team in 2007

and later became the South Island

coordinator. Has delivered presentations

to over 200,000 teens nationwide.

Jenny Hale

Senior Family Coach

Jenny has been on the team since

1999. She helped develop Toolbox

before moving into Family Coaching.

She is also a regular contributor to

Parenting magazine.

Nicola Gaze

Events Manager

Nic joined our team in September

2015 after spending the majority of her

working life as a pastor leading kids’,

family and women’s ministries.

Jenny Horst

Strategic Partnerships Director

Jenny is the owner of Communicode

Consulting, former CEO of Te

Whakaora Tangata. Prior to that, she

was the Marketing Manager at Maxim

Institute.

Bruce Waldin

Funding and Marketing Director

Bruce joined the team in 2015. He

has an extensive background in

marketing and fundraising for non-profit

organisations, including World Vision and

the Heart Foundation.

David Belcher

Executive Chairman of merchant

bankers, Clavell Capital Limited.

Chairman of Dairy Farms NZ Ltd and

Rocpac Ltd, and a Director of

Clevedon Hills Estates Ltd.

Jo Gould

30 years of business experience.

Actively involved in community

organisations, Plunket, Friends of

Starship Children’s Hospital and the

Auckland City Mission.

Greg Eden

Founder and owner of accountancy

firm Eden Perich Prewett Limited,

and member of the Institute of

Directors and the Institute of Chartered

Secretaries and Administrators.

Russell Hewitt

Former CEO of Computerland,

Compaq Computers and Hewlett

Packard. Significant involvement with

Vodafone Australia and the Vodafone

Foundation.

Alison Barrass

Former CEO of Griffin’s Foods and

Independent Director on the board of

Methven and Callaghan Innovation.

Sir Ralph Norris KNZM

Former CEO and MD of The

Commonwealth Bank of Australia,

Air New Zealand Ltd and ASB Bank

Ltd. Chairman of Fletcher Building Ltd

and Contact Energy Ltd, and member

of the Advisory Board of the New

Zealand Treasury.

Nicola Taylor

Co-owner of successful business,

Tax Traders, with a background in

commercial law and governance

(in local government, education and

not-for-profit sectors).

Emeline Afeaki-Mafile’o

Founder of Affirming Works, member

of the Tindall Foundation’s NZ Social

Entrepreneur Fellowship and member

of the NZ Order of Merit in 2016 for

services to the Pacific Community.

Mark Powell

Former CEO of The Warehouse Group.

‘CEO in Residence’ at Massey University

Business School, and Non-Executive

Director of the Australian retailer

‘The Good Guys’.

Board

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Our programmes

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Highlights

The growth of the Building Awesome

Whānau Toolbox (BAW) has been quite

phenomenal. In just 18 months, it has

come to represent 48 percent of all our

courses. 50 percent of Toolbox courses

in nine of the 18 regions we cover are

BAW courses. In Northland, the East

Coast and Hawkes Bay, 70 percent of

the Toolbox courses we run are BAW.

In 2016, we appointed a National BAW

Coordinator, Hannah Haiu. Since joining

the team, Hannah has completed an

audit on BAW, including the material,

role of facilitation and how the BAW

course is impacting communities

throughout Aotearoa.

Four regional team leaders were also

appointed to provide more support to

Future

Moving forward, we are excited to say

that the redevelopment of the Early

Years and Middle Years Toolbox course

material has begun. We will also

be developing a team of contract

Toolbox facilitators.

In order to reach a wider spectrum

of families in need we plan to continue

to lobby the government to extend the

reach of our government contract.

our fantastic team of regional Parenting

Place coordinators.

Expanding our reach beyond our

nation, John Cowan, our senior presenter

and creative producer, was flown to

China to present Toolbox parenting

courses to over 300 Chinese parents.

4,210 parent attendees

178 caregiver attendees

565 Toolbox groups

69 teen parentgroups

“Instead of dreading the teen years, I now feel empowered to be a great parent and have great kids. I’m looking forward to having teenagers!”Toolbox participant

Highlights

This year we celebrated the long service

of three valued staff members – two

who have been with us for 10 years

(Robin Ferguson and Gill Williams), and

one for 20 years (John Cowan).

We would not be able to do what we

do without our volunteers. In this last

year alone, 12,712 volunteer hours were

contributed towards the facilitating and

hosting of Toolbox courses.

We are incredibly appreciative of our

team of 10 volunteers at our Auckland

head office too. They worked a total

of 346 volunteer hours during 2015,

assisting with administration, workshops

and the café. We got to welcome a

student intern onto the team, helping

Future

Over the next year, we will remain

committed to building an environment

of employee engagement,

empowerment and involvement, where

staff and volunteers can offer their best.

We are also committed to equipping

her gain HR work experience as part

of her bachelor’s degree. Based on an

estimated $18 per hour, the volunteer

hours equate to a contribution of

$235,044.

We received the community services

standard approval (Level 3) from the

Ministry of Social Development, and

42.5 percent of our staff attended a

minimum of one course as part of their

personal/professional development.

80 staff members

38part-time staff

66% staff based in Auckland

15contractors/casual staff

27 full-time staff

managers with tools, resources and

a policy framework that facilitates an

effective operating environment.

Special attention will be given

to developing work plans and

performance objectives for each

staff member, identifying the tasks/

activities and expected results for future

performance. A health benefits strategy

will be created, including programmes

that enhance the well-being of our

employees and their families. This is

in alignment with the new Health and

Safety at Work Act.

We will also be designing an

approach, strategy and programme to

hire, deploy, develop and retain the best

people in our field.

Our people

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Highlights

One of the highlights of our 2015

programme was hosting Dr Gordon

Neufeld for a week of workshops,

entitled Wired to connect. Dr Neufeld

provided excellent presentations on

the latest in attachment science, aimed

at parents and professionals. We look

forward to carry on providing his Power

to the parent courses.

Throughout 2015 we continued to

provide a wide range of workshops in

the centre. Some of the favourites were,

Discipline without shouting, force or

fluster, The highly sensitive child and

Raising happy, confident and resilient

children. We ended the year with a fun

night for mums with Lisa O’Neill (and a

glass of champagne) on How to style

your Christmas.

Future

This next year, we will be further

developing our daytime programmes

and services for parents.

Part of this plan includes the

introduction of the SPACE programme

(Supporting Parents Alongside

Children’s Education) to our workshops

– an exciting addition to the work

we do in the centre. The SPACE

programme is aimed primarily at first-

time parents with newborn babies,

and is designed to support parents

through the first year of their child’s

developmental journey.

We also plan to host daytime

Early Years and Middle Years

Toolbox parenting courses.

267 room hires

184 coffee groups

193 workshops

4,171 parents and caregivers

“The talk was fun! It was full of clear, practical messages and great ideas. It held my attention and was presented in a way I could relate to.”Workshop attendee

The Parenting Place centre

Highlights

Over the last year, Hauora, a new

presentation about holistic well-being

was created and has become a hugely

popular presentation with schools.

The hauora model is the cornerstone

of New Zealand’s health education

curriculum, and now Attitude has a

presentation that directly addresses this

important concept.

The Being me package that

complements the workbook was

developed and released this year.

The videos and lesson plans created

complement the presentations and are

used in schools long after we deliver

our presentations and workshops.

These tools deepen our impact within

school communities.

The intermediate programme

continued to grow in 2015, with 109

Future

Attitude will continue to increase

its reach into intermediate schools,

especially in the regions. We are also

planning on digitising our resources

to make them more accessible to

both teachers and students. This is an

exciting space as many schools are

moving towards the modern learning

environment model, and a ‘bring your

own device’ model of education.

presentations delivered to 11,110 more

young people than last year.

Our online presence and reach has

continued to expand. We now have

over 35,000 followers across our social

media platforms, with an average

weekly engagement of over 20,000

people. Our most popular post reached

more than 200,000 people and was

shared 921 times.

245,882 students

1,865 presentations

56 parent talks

“Today we had an amazing, heartwarming and motivating speech from Attitude. I must say it did change my mindset for my future and truly hit the hearts of a lot of people in our school.”Student

14

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10,935 young people at NYLD

3 Fathers’ Breakfasts

9 NYLDevents

1,283 dads impacted

NYLD

NYLD 2015 swept through the country,

visiting Auckland, Rotorua, Palmerston

North, Wellington, Christchurch and

Dunedin. In total, we hosted nine events

– seven primary and intermediate, and

two secondary school events.

Over 10,000 young people were

encouraged to lead themselves and

others well as they listened to a variety

of inspirational speakers, including

William Pike, Tony Christiansen, Chris

Jupp, Steve Gurney, Phoenix Pule’anga,

Simon Gault, Marcus Winter and

Sarah Dippie. Each day ended with a

performance from Jamie McDell.

In 2016 we will be expanding

our secondary school events to

Christchurch and Dunedin and

launching our first NYLD in Nelson.

Fathers’ Breakfast

The annual Fathers’ Breakfasts were

hosted by The Parenting Place in

Wellington (Shed 6), Christchurch

(Wigram Airforce Museum) and

Auckland (Sky City) this last year.

Over 1200 dads came out and enjoyed

a hearty breakfast accompanied by

inspiring talks from a great line-up of

guest speakers. Across the three events,

our speakers included Tim Wilson, Paul

Blackwell, Mark Powell, Israel Cooper,

Murray Edrigde and Conrad Smith.

“Amazing and inspiring. Each and every speaker made me want to get up, get out and make a difference. Each speaker enriched my future by 100 percent.”NYLD student

Events

Hot Tips events

Our Hot Tips team had a busy year,

presenting at least seven events each

month. We have loved engaging with

communities of parents, whether it’s

in kindergartens, churches, schools or

other community organisations.

The team travelled widely in 2015,

presenting in Hastings, Karori, Waiheke,

Havelock North, Porirura, Invercargill,

Tauranga, and Geraldine. We also held

many events in and around Auckland.

Our most popular topics were The

strong-willed child (always a favourite),

and Digi-parenting.

We have also enjoyed increasing our

impact in the workplace. John Cowan

and Jenny Hale presented to the staff

of Simpson Grierson, nib NZ, Financial

Markets Authority (FMA) and 2degrees.

Hot Tips Parenting Roadshow

The Hot Tips Parenting Roadshow is

an idea we piloted in early 2016, with

the goal to bring our Hot Tips events to

the regions. Our Toolbox coordinators

are doing fantastic work in local

communities, and the Roadshow is a

way to support and expand their work.

The Roadshow has taken us from

the top of the North Island to the deep

South, inspiring and equipping parents

along the way. By the end of the

Roadshow, our presenters, John Cowan,

Jenny Hale, Dave Atkinson, Pio Terei,

and Petra Bagust will have delivered

over 30 presentations on topics ranging

from The top 10 tools for engaging

cooperation to Creative parenting – new

solutions to old problems.

52 Hot Tips events

2,056Roadshow attendees

4,099 Hot Tips attendees

275 Toolbox sign-ups

32Roadshow events

“Today has been a totally different day because of what I learned last night. It is so easy in the midst of everything to forget to be calm and confident and to not take things personally. I will certainly be recommending it to others.”Hot Tips participant

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532 coaching sessions

144 return visits

Highlights

We now have a team of five coaches,

which means coaching can be booked

on any day of the week. Based out of

Wellington, Julz Talia Wong-Kee will

be the first coach trained outside of

Auckland.

Skype sessions and phone calls

continue to grow as a way of

connecting with parents.

Coaching continues to meet the need

for insightful, practical and encouraging

advice for parents. Parents are relieved

that they can access genuine help,

and there continues to be a good

connection between coaching, Toolbox

and parenting events.

Future

Moving forward, we will be training

more coaches who can work in

regions outside of Auckland. We are

exploring more in-depth training

for coaches to encourage and equip

families who are experiencing complex

challenges.

We will continue to walk alongside

families, supporting them on an ongoing

basis for more sustainable results.

472 face-to-face sessions

47 phone or Skype calls

“We are both so thankful to you for your help and often talk about how appreciative we are. You gave us our sweet little lady back again and gave us sanity (and sleep!).”Parent

Events

The Parenting Show with Pio

Pio embarked on a mini roadshow in

August and September, presenting at

12 events in towns including Paeroa,

Waihi, Kawerau, Maketu, Opotiki, Napier

and Waipukurau. We have enjoyed

some generous funding this year, which

enabled us to offer our events at a

reduced cost to our organisers, parents

and young people.

Pasifika families

Pasifika families kicked the year off

with Nick Tuitasi speaking to 250

parents at St Andrew’s Community

Church in Otahuhu. In addition to

presenting at schools, Nick and Vasa

have enjoyed the opportunities to work

in church communities.

21 events with Pio

1,555 Pio event attendees

614 Pasifika attendees

Future

In the upcoming year, we will continue

to grow the reach of our presentations

in the regions. We will be exploring

opportunities to provide professional

development for Early Childhood

Centres, wrap-around parenting

services and content for schools, as

well as strengthening our relationships

with churches.

We hope to introduce Pio and

his Building Awesome Whānau

presentation to more marae

communities. We have also made some

positive connections with Health Star

Pacific Trust, who manage a number

of Early Childhood Centres. We aim

to grow this audience, presenting at

each of these centres to their families

and staff. We also plan to pursue

opportunities for parenting programmes

for dads in prison.

“Pio, you were the golden thread that laced us all together. You fit in like a glove, like a second skin, nothing more than outstanding.”Orakei marae

The primary Pasifika Families

presentation is Encouraging positive

family dynamics – a talk that prompted

Rosebank School to hold two Pasifika

events due to the positive response

from their parents.

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2019

24,347 EDM subscribers

10,587 Facebook followers

1,040 Twitter followers

274 Instagram followers

1,800 Pinterest followers

Digital

Highlights

We have employed a new digital

marketer who has brought a sense of

energy and momentum to our work in

the digital space.

Our social media engagement has

continued to increase, with Facebook

being our primary connection point

with parents online. Our first Facebook

Live session with John Cowan and

Petra Bagust was a huge success.

We have high website engagement

through our contact form, receiving an

average of three emails per day, asking

questions about workshops, Toolbox

and Family Coaching.

Future

We have begun to re-think our digital

communications strategy, and will

be rolling out a comprehensive plan,

across our website, social media and

EDM communication. This will include

a website refresh, as well as a redesign

of our EDMs.

We are looking into new digital ways

of engaging and inspiring parents.

Currently, we are exploring the idea of

producing parenting podcasts – one for

mums and one for dads. We would also

like to turn Facebook Live into a regular

series with high production value and

engaging content.

“This is awesome, I am loving what you have to say! Can you please do this more often?”Facebook Live participant

57% of readers are long-standing and loyal

42.2 minutes average read time per issue

160,000 potential views per issue

Highlights

The magazine team has undergone

some big changes over the last

12 months. To make the transition

between editors as smooth as possible

for our readers, we have sought to

maintain a similar format and style,

whilst slowly introducing new elements

and ideas.

We now craft each issue along the

lines of an engaging theme. Providing

a bi-monthly resource that looks at

a particular aspect of family life from

numerous angles has brought a sense

of depth and longevity to each issue.

As we have sought to better integrate

our work, Parenting magazine has

been a fantastic way to showcase our

programmes and activities, alongside

quality articles and impactful stories.

Future

Parenting magazine will undergo a

review in the upcoming months. We

would like to make sure that we are

providing a resource for parents that is

not only inspiring and encouraging, but

one that is the best use of our resources

at The Parenting Place.

As we clarify our overall

communications strategy, we will also

be considering how the magazine

aligns with the distinctive voice of The

Parenting Place, and how it can better

function as an advocate for all our

programmes and activities.

“The magazine is just getting better and better. The articles are so real to life, with fantastic topics. Anyone can pick up the magazine and get something out of it. It just covers all ages and stages of life.”Magazine subscriber

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Our financials

21

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Expenditure $5.1m

The majority of our costs are in our people and programmes, as we continue to invest in a high performing team

and develop great content for our programmes and resources.

Wilberforce 21 Trust

Our partners Performance summary

Toyota New Zealand Ltd

Toyota has an established partnership

with The Parenting Place because we

believe that strong families and values

are an essential foundation to a healthy,

functioning society and a successful

nation. We are proud of the work that

The Parenting Place team is doing and

endorse their work in this country. We

are honoured that our contribution

is positively impacting families and

helping to make a difference.

Alistair Davis

CEO, Toyota New Zealand Ltd

Vodafone New Zealand Ltd

We have partnered with The Parenting

Place since 2009, brought together by

our shared passion and commitment to

achieving healthy outcomes for young

New Zealanders and families. We want

to equip Kiwis with the confidence to

use technology in a safe and positive

way. With the launch of digi-parenting.

co.nz – an online hub offering simple

practical digital parenting advice – our

partnership is stronger than ever.

Russell Stanners

CEO, Vodafone New Zealand Ltd

The Warehouse Group Ltd

Supporting communities across New

Zealand is something that has been part

of our DNA from the time Sir Stephen

Tindall opened the doors of our very

first Red Shed 33 years ago. With our

focus on partnering with organisations

that support families and young people,

The Parenting Place has proven to be a

great fit with our community objectives

and with the values of The Warehouse.

We’re very proud to be able to contribute

in some small way to the incredibly

valuable work The Parenting Place does

in schools and with families across our

fantastic country and look forward to our

ongoing partnership in the future.

Mark Powell

CEO, The Warehouse Group Ltd

Key Community and Business Supporters

A huge, heartfelt thank you to our corporate sponsors, as well as our business and community supporters. We are incredibly grateful

for your financial generosity, as well as your partnership in the work of The Parenting Place. Thank you for sharing our vision and

heart for the families of Aotearoa, New Zealand.

Revenue $4.6m

Operating income from our programmes, café, magazine and bookshop continue to support our mission, and we

are grateful for a stable funding base from the Ministry of Social Development, our key sponsors and other grants

and donations.

Staff costs 59%

Programme costs and resource development 14%

Property costs 6%

Travel and vehicle 4%

Communications and IT 4%

Office administration 3%

Book and magazine cost of sales 3%

Café and workshop costs 3%

Insurance, audit, bank and legal fees 2%

Rental and operating leases 2%

59%

2%

3%3%

3%

4%

4%

6%

2%2%

14%

Operating income 40%

Grants and donations 28%

Ministry of Social Development funding 13%

Rental Income 13%

Sponsorship 6%

40%

28%

13%

13%

6%

40%

28%

13%

13%

6%

A huge, heartfelt thank you to our corporate sponsors, as well as our business and community supporters. We are incredibly grateful

for your financial generosity, as well as your partnership in the work of The Parenting Place. Thank you for sharing our vision and

heart for the families of Aotearoa, New Zealand.

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26

Horowhenua District Council $2,000.00

Hutt City Council $3,000.00

Hutt Mana Charitable Trust $5,000.00

Infinity Foundation $4,000.00

JN Williams Memorial Trust/HB Williams Turanga Trust

$20,000.00

John Beresford Swann Dudding Trust $2,480.00

John Illot Charitable Trust $4,000.00

Kapiti Coast District Council $1,000.00

Kathleen Dorothy Kirkby Charitable Trust $2,000.00

Kawerau District Council $1,308.10

Lion Foundation $50,000.00

Lottery National Community Committee $75,000.00

Mainland Foundation $4,397.00

Mana Community Grants Foundation $6,108.00

Marlborough District Council $500.00

Masterton District Council $1,000.00

Maurice Carter Charitable Trust $4,500.00

Methodist PAC Endowment Fund $4,000.00

Milverton Trust $500.00

Nelson City Council $1,308.00

New Zealand Christian Foundation $10,000.00

Nikau Foundation $2,500.00

North and South Trust $5,693.18

Northland Community Foundation $5,000.00

New Plymouth District Council $4,000.00

NZ Federation of Graduate Women (Otago branch) $1,500.00

Otago Community Trust $6,000.00

Oxford Sports Trust $2,008.00

Page Trust $1,500.00

Palmerston North City Council (Celebrating Communities Fund)

$3,000.00

Pegasus Sports Foundation $1,793.18

Pelorus Trust $5,000.00

Pub Charity $12,258.26

Rata Foundation $24,648.00

Redwood Trust $1,000.00

RG & EF MacDonald Trust Board $1,000.00

Selwyn District Council $1,500.00

Sir John Logan Campbell Residuary Estate $3,500.00

SKYCITY Auckland Community Trust $30,000.00

SKYCITY Hamilton Community Trust $7,000.00

SKYCITY Queenstown Community Trust $437.36

Southern Trust $10,000.00

Southland District Council $2,000.00

South Waikato District Council $1,000.00

Springhill Charitable Trust and Frimley Foundation $20,000.00

Synod Otago & Southland Educational Fund $22,000.00

Thames Coromandel District Council $1,200.00

The Trusts Community Foundation $21,365.85

Thomas Bevan Charitable Trust $1,000.00

Thomas George MacCarthy Trust $8,000.00

Thomas Hobson Trust $1,806.18

Tindall Foundation $10,916.00

Trillian Trust $1,241.00

Trust House Charitable Trust $1,000.00

Trust Waikato $5,000.00

Upper Hutt City Council $1,150.00

Waikato District Council $400.00

Waikato WDFF Karamu Trust $1,000.00

Waipa District Council $1,000.00

Waitaki District Council $524.50

Wellington City Council (Venues Subsidy) $2,058.00

Wellington Community Trust $10,000.00

West Coast Community Trust $1,000.00

Whakatane District Council $1,000.00

Whanganui Community Foundation $4,000.00

Whangarei District Council $2,000.00

Wilberforce 21 Trust $54,000.00

Grants

Thank you to all those who make our work possible through the giving of grants. Grants provide a crucial source of funding for

The Parenting Place, and we deeply appreciate all those who support us in this way.

Acorn Foundation $5,000.00

Advance Ashburton Community Foundation $2,500.00

Albert D Hally Trust $2,500.00

Alfred William Parons Trust $2,862.00

Auckland Airport Community Trust $12,401.00

Auckland Council – Franklin Local Board $300.00

Auckland Council – Howick Local Board $6,900.00

Auckland Council – Maungakiekie-Tamaki Local Board

$1,377.00

Auckland Council – Manurewa Local Board $5,865.00

Auckland Council – Papakura Local Board $3,304.00

Auckland Council – Puketapapa Local Board $2,000.00

Auckland Council – Waitemata Local Board $3,900.00

Auckland Council – Whau Local Board $3,000.00

Auckland Council North (Strengthening Communities Fund)

$1,411.00

Blue Sky Community Trust $9,885.13

Blue Waters Community Trust $8,251.00

Buller/West REAP $2,000.00

CR Stead Trust $3,000.00

Caleb No 2 Trust $15,000.00

Catholic Care Foundation $3,928.25

Catholic Caring Foundation $15,000.00

Catholic Social Services Diocese of Palmerston North

$2,000.00

Central Lakes Trust $1,500.00

CERT Your Local Gaming Trust $5,586.53

COGS – Auckland City $3,000.00

COGS – Canterbury Rural $3,000.00

COGS – Central Otago $1,500.00

COGS – Coastal Otago/Waitaki $2,200.00

COGS – Far North $5,863.00

COGS – Kahungaunu Ki Heretaunga $3,500.00

COGS – Kirikirioa/Hamilton City $1,000.00

COGS – Manukau $4,511.00

COGS – Mataatua $3,500.00

COGS – Nelson/Bays $2,000.00

COGS – North Taranaki and Coastal Areas $2,000.00

COGS – Papakura/Franklin $3,837.53

COGS – Rodney/North Shore $2,201.00

COGS – Rotorua $3,000.00

COGS – Southland $2,500.00

COGS – South Taranaki $2,000.00

COGS – South Waikato $1,267.00

COGS – Tairawhiti $3,153.00

COGS – Tongariro $2,500.00

COGS -Waikato West $4,100.00

COGS – Wairarapa $1,000.00

COGS – Waitakere City $2,500.00

COGS – West Coast $2,158.00

COGS – Whangarei/Kaipara $1,981.00

COGS – Whitireia $2,000.00

Community Trust of Southland $16,950.00

David Ellison Charitable Trust $9,000.00

Diocesan Welfare Council $7,000.00

Donald & Nellye Malcolm Charitable Trust $1,500.00

Dragon Community Trust $5,000.00

Dunedin Casino Charitable Trust $1,000.00

Eastern & Central Community Trust $16,000.00

Emmanuel Trust $8,000.00

Far North District Council $2,234.13

First Light Community Foundation $2,000.00

First Sovereign Trust $3,600.00

For Everyone Charitable Foundation $1,604.70

Foundation North $30,000.00

Four Winds Foundation $13,000.00

Gallagher Charitable Trust $2,000.00

George Sevicke Jones Trust $5,000.00

Geyser Community Foundation $3,250.00

Hawke's Bay Foundation $2,000.00

Helen Graham Charitable Trust $1,000.00

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27 28

Auditor’s report

__,,_ EV Building a better

Chartered Accountants

working world

Independent Auditor's Report

To the Board of the Parenting Place Incorporated

Report on the Financial Statements

We have audited the group financial statements of The Parenting Place Incorporated ("the society") and its subsidiaries ("the Group") on pages 4 to 12, which comprise the statement of financial position of the Group as at 31 March 2016, and the statement of financial performance, statement of movements in Group funds and statement of cash flows for the year then ended, and a summary of significant accounting policies and other explanatory information.

This report is made solely to the society's Board. Our audit has been undertaken so that we might state to the Board those matters we are required to state to them- in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the society and its Board as a body, for our audit work, for this report, or for the opinions we have formed.

Board's Responsibility for the Financial Statements The Board is responsible on behalf of the entity for the preparation and fair presentation of the financial statements, in accordance with Public Benefit Entity Standards with Reduced Disclosure Requirements, and for such internal control as the Board determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditor's Responsibility Our responsibility is to express an opinion on the financial statements based on our audit. We conducted our audit in accordance with International Standards on Auditing (New Zealand). These auditing standards require that we comply with relevant ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on our judgement, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, we have considered the internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates, as well as evaluating the overall presentation of the financial statements.

We believe we have obtained sufficient and appropriate audit evidence to provide a basis for our audit opinion.

Other than in our capacity as auditor we have no relationship with, or interest in, the Group.

Partners and employees of our firm may deal with the Group on normal terms within the ordinary course of trading activities of the business of the Group.

Basis for Qualified Opinion There was no system of control over cash donations and other fundraising income on which we could rely for the purpose of our audit. We were unable to confirm, or verify by alternative means, the cash donations and other fundraising income of $1,285,827 included in the Statement of Financial Performance within the classification Donations for the year ended 31 March 2016. As a result of this matter, the scope of our audit was limited and we were unable to determine whether any adjustments might have been found necessary in respect of recorded or unrecorded cash donations and other fundraising income, had we been able to obtain sufficient evidence concerning cash donations and other fundraising income.

OpinionIn our opinion, except for the possible effects of the matters described in the Basis for Qualified Opinion, the financial statements on pages 4 to 12 present fairly, in all material respects, the financial position of Group as at 31 March 2016 and its financial performance and cash flows for the year then ended in accordance with Public Benefit Entity Standards with Reduced Disclosure Requirements.

A member firm of Ernst & Young Global Limited

19 October 2016 Auckland

Note 2016

$

Revenue from non-exchange transactions

Donations 8 1,285,827

Sponsorship 10 265,900

Ministry of Social Development funding 9 599,992

Total revenue from non-exchange transactions 2,151,719

Revenue from exchange transactions

Fees 1,089,684

Book sales 160,303

Magazine sales 108,457

Advertising revenue 108,344

Café sales 251,302

Workshop sales 54,534

Other income 80,005

Rent received 619,338

Total revenue from exchange transactions 2,471,967

Total revenue 4,623,686

Expenditure

Staff costs (3,023,286)

Book cost of sales (69,365)

Magazine cost of sales (93,364)

Communications (121,983)

Programme costs (698,077)

Café and workshop costs (169,567)

Travel and vehicle (194,635)

Office administration (148,639)

Rental and operating leases (103,530)

Printing and design (24,452)

Information technology (76,346)

Insurance (24,527)

Bank fees (17,920)

Legal fees 11 (11,815)

Audit fees 11 (40,000)

Property expenses (293,009)

Total expense (5,110,515)

EBITDA (486,829)

Interest income 5,717

Interest expense (21,361)

Depreciation 5 (231,128)

Surplus / (Deficit) for the year (733,601)

Other comprehensive revenue and expense

Revaluation gain on property, plant and equipment 5 713,278

Total comprehensive revenue and expense for the year (20,323)

The Parenting Place Incorporated Consolidated Statement of Financial Performance for the year ended 31 March 2016

The accompanying notes form part of these financial statements.

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3029

Note 2016 As at 1 April 2015

$ $

Current assets

Cash and cash equivalents 3 129,847 678,988

Accounts receivable from exchange transactions 354,842 432,876

Inventory 4 79,550 84,554

Prepaid expenses 148,730 241,873

Total current assets 712,969 1,438,291

Non-current assets

Property, plant and equipment 5 12,840,808 12,073,083

Total non-current assets 12,840,808 12,073,083

Total assets 13,553,777 13,511,374

Current liabilities

Accounts payable and accruals (214,228) (414,313)

Finance leases 6 (48,651) (9,677)

Bank overdraft (64,210) (266,667)

Bank loan 7 (19,066) -

Income in advance (348,506) (287,767)

Provision for holiday pay (72,166) (72,599)

GST and PAYE payable (105,910) (98,086)

Prepaid magazine subscriptions (18,122) (28,653)

Total current liabilities (890,859) (1,177,762)

Non-current liabilities

Finance leases 6 (145,477) (26,782)

Bank loan 7 (230,934) -

Total non-current liabilities (376,411) (26,782)

Total liabilities (1,267,270) (1,204,544)

Society funds 12,286,507 12,306,830

The Parenting Place Incorporated Consolidated Statement of Financial Position as at 31 March 2016

The Parenting Place Incorporated Consolidated Statement of Movements in Society Funds for the Year ended 31 March 2016

Accumulated comprehensive Revaluation Total society

revenue and expense reserve funds

$ $ $

As at 1 April 2015 7,040,738 5,266,092 12,306,830

Surplus/(deficit) for the year (733,601) - (733,601)

Other comprehensive revenue and expense - 713,278 713,278

Total comprehensive revenue and expense (733,601) 713,278 (20,323)

As at 31 March 2016 6,307,137 5,979,370 12,286,507

The accompanying notes form part of these financial statements.

Note 2016

$

Cash flows from operating activities

Total comprehensive revenue and expense for the year (20,323)

Adjustments to reconcile total comprehensive revenue and expense for the year to net cash flows:

Depreciation 231,128

Revaluation gain on property, plant and equipment 5 (713,278)

Bank fees 1,901

Working capital adjustments:

Increase in current assets 176,181

Decrease in current liabilities (344,944)

Net cash from operating activities (669,335)

Cash flows from investing activities

Purchase of property, plant and equipment 5 (114,919)

Net cash used in investing activities (114,919)

Cash flows from financing activities

Proceeds from term loan 7 250,000

Payment of finance lease liabilities 6 (14,887)

Net cash used in financing activities 235,113

Net increase/(decrease) in cash and cash equivalents (549,141)

Cash and cash equivalents at the beginning of the year 678,988

Cash and cash equivalents at the end of the year 129,847

The Parenting Place Incorporated Consolidated Statement of Cash Flows for the year ended 31 March 2016

The accompanying notes form part of these financial statements.

David Belcher Greg Eden

Chairman Director

Date: Date:

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3231 The Parenting Place Incorporated Notes to the Consolidated Financial Statements for the year ended 31 March 2016

Reconciliation of accumulated funds under the special reporting framework to that under PBE Standards As at 1 April 2015

$

Net accumulated funds under special reporting framework 6,298,743

Adjustments to accumulated comprehensive revenue and expense:

Change in Accounting Policy for property, plant and equipment see Note 2 5,266,092

Impairment of goodwill (30,484)

Non-exchange revenue 772,479

Net accumulated funds under PBE Standards 12,306,830

1. Statement of accounting policies

Reporting entity

The Parenting Place Incorporated (the ‘Society’) is a society registered under the Incorporated Societies Act 1908 and a charity registered

under the Charities Act 2005.

The financial statements consist of the Society and its subsidiary (collectively, the ‘Group’).

Statement of compliance

The financial statements have been prepared in accordance with the Charities Act 2005 which requires compliance with the generally

accepted accounting practice in New Zealand (NZ GAAP). The Group are public benefit entities for the purpose of financial reporting.

The financial statements of the Group comply with PBE Standards. The financial statements of the Group have been prepared in

accordance with Tier 2 PBE Standards and disclosure concessions have been applied. The Group are eligible to report in accordance

with Tier 2 PBE Standards because they do not have public accountability and they are not large.

Measurement base

The measurement base adopted is that of historical cost, with the exception of a building classified as property, plant and equipment,

which is measured at fair value. The reporting currency is NZ dollars, rounded to the nearest dollar.

Effect of first-time adoption of PBE standards

This is the first set of financial statements of the Group that is presented in accordance with PBE Standards. The Group have previously

reported under the special reporting framework.

The changes in the Group’s accounting policies on adopting of PBE Standards are as follows:

PBE IPSAS 23 Revenue from Non-Exchange Transactions

The application of this standard affected the Group’s accounting for funding and sponsorship revenue. In the previous financial year,

these revenue streams received in relation to the provision of a service or for a specific project were recognised as revenue on a

percentage of completion basis. However, PBE IPSAS 23 requires revenue from non-exchange transactions to be recognised as revenue

as soon as the inflow of resources can be recognised as an asset in the financial statements, unless the inflow of resources meets the

definition of and recognition criteria for a liability. Non-exchange revenue from funding and sponsorship can only be deferred and

recognised as a liability if there is a condition attached to the funding or sponsorship that requires an entity to use the funds as specified

by the party providing the funds or return of the cash (or other resources transferred under the funding agreement) if the entity does not

perform as specified.

Significant accounting policies:

a) Basis of Consolidation

Subsidiaries are entities in which the Society has the capacity to determine the financing and operating policies so as to obtain benefits

from their activities. Subsidiaries are fully consolidated from the date on which control is obtained by the Group and cease to be

consolidated from the date on which control is transferred out of the Group. The financial statements of the subsidiaries are prepared

for the same reporting period as the parent company, using consistent accounting policies. The effects of all significant inter-company

transactions between entities that have been consolidated are eliminated on consolidation.

b) Cash and cash equivalents

Cash and cash equivalents in the Statement of Financial Position comprise cash at bank and in hand and short-term deposits with an

original maturity of three months or less that are readily convertible to known amounts of cash and which are subject to an insignificant

risk of changes in value.

c) Accounts receivable

Accounts receivable are classified as loans and receivables financial assets. They are initially measured at fair value plus transactions costs

that are attributable to the acquisition. Accounts receivable are subsequently measured at amortised cost using the effective

interest method, less an allowance for impairment. Individual debts that are known to be uncollectible are written off when identified.

An impairment provision is recognised when there is objective evidence that the Group will not be able to collect the receivable.

Financial difficulties of the debtor, default payments or debts more than 60 days overdue are considered objective evidence of

impairment. The amount of the impairment loss is the receivable carrying amount compared to the present value of estimated

future cash flows.

d) Goods and services tax

These accounts have been prepared on a GST exclusive basis, except for receivables and payables, which are recognised inclusive

of GST.

e) Inventories

Inventory is recorded at cost upon initial recognition. Where inventories have been donated, these are recorded at fair value, with an

equal amount recognised as donations. Inventories consist of finished goods only. After initial recognition, inventories are recognised

at the lower of cost, determined on a first-in first-out basis and net realisable value. However, inventory held for distribution or deployment

at no charge or for a nominal charge is measured at cost, adjusted when applicable for any loss of service potential.

f) Property, plant and equipment

Property, plant and equipment are initially recorded at cost. Property, plant and equipment, except for land and buildings, are subsequently

measured at costs less accumulated depreciation and accumulated impairment losses. Land and buildings are measured at fair value, less

accumulated depreciation on the building recognised after the date of the revaluation. Valuation is performed with sufficient frequency

to ensure that the fair value of a revalued asset does not differ materially from its carrying amount. A revaluation surplus is recorded in

other comprehensive revenue and expense and credited to the asset revaluation reserve in Society Funds. However, to the extent that it

reverses a revaluation deficit of the same asset previously recognised in surplus or deficit, the increase is recognised in surplus or deficit.

Depreciation is provided on a straight line value basis at rates assessed by the Group based on the useful life of the asset.

Furniture and fittings 10% to 20%

Office equipment 10% to 60%

Leasehold improvements 10% to 20%

Vehicles 20% to 21%

Software 40%

Buildings 2%

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34The assets’ residual values, useful lives and depreciation methods are reviewed, and adjusted if appropriate, at each financial year end.

For revalued buildings, any accumulated depreciation as at the revaluation date is eliminated against the gross amount of the asset and

the net are restated to the revalued amount of the asset.

Any expenditure that increases the economic benefits derived from an asset is capitalised. Expenditure on repairs and maintenance that

does not increase the economic benefits is expensed in the period it occurs.

When an item of property, plant and equipment is disposed of, the difference between net disposal proceeds and the carrying amount is

recognised as a gain or loss in the Statement of Financial Performance. Upon disposal or derecognition, any revaluation reserve relating to

the asset being sold is transferred to accumulated comprehensive revenue and expense. The building at 300 Great South Road has been

pledged as security for the bank loan and overdraft currently in place.

Impairment of Property, plant and equipment:

For the purpose of assessing impairment indicators and impairment testing, the Group classifies all property, plant and equipment as cash

generating assets because the primary objective of these Group’s assets is to generate commercial return.

At each reporting period, assets are tested for impairment. If any indication of impairment exists, an estimate of the asset’s recoverable

amount is calculated. Recoverable amount is the higher of an asset’s fair value less costs to sell and value in use. In assessing value

in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market

assessments of the time value of money and the risks specific to the asset. If the recoverable amount of an asset is less than its carrying

amount, the item is written down to its recoverable amount. The write down of an asset recorded at historical cost is recognised as an

expense in the Statement of Financial Performance.

The carrying amount of an asset, except for goodwill, that has previously been written down to recoverable amount is increased to

its current recoverable amount if there has been a reversal of the impairment loss. The increased carrying amount of the item will not

exceed the carrying amount that would have been determined if the write down to recoverable amount had not occurred. Reversals of

impairment write downs are recognised in the Statement of Financial Performance.

g) Accounts payable

Accounts payable, on initial recognition, are classified as financial liabilities at amortised cost. Accounts payable are initially recognised at

fair value net of directly attributable transaction costs. After initial recognition, accounts payables are carried at amortised cost and due to

their short term nature they are not discounted. They represent liabilities for goods and services provided to the Group prior to the end

of the financial year that are unpaid and arise when the Group becomes obliged to make future payments in respect of the purchase of

these goods and services. The amounts are unsecured and are usually paid within 30 days of recognition.

h) Provisions

Provisions are recognised when the Group has a present obligation (legal or constructive) as a result of a past event. It is probable that an

outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the

amount of the obligation.

i) Income tax

Both the Society and its subsidiary (The Parenting With Confidence Charitable Trust Board) have been approved as charitable organisations

for income tax purposes and have no income tax liability.

j) Leases

Group as a lessee:

The Group leases certain buildings, office equipment and vehicles.

Operating lease payments, where the lessors effectively retain substantially all the risks and benefits of ownership of the leased item, are

recognised as an expense in surplus or deficit in equal instalments over the lease term.

Finance leases are leases that transfer substantially all of the risks and benefits incidental to ownership of the leased item to the Group.

Assets held under a finance lease are capitalised at the commencement of the lease at the fair value of the leased property or, if lower,

at the present value of the future minimum lease payments. The Group also recognises the associated lease liability (hire purchases)

at the inception of the lease, at the same amount as the capitalised leased asset. Subsequent to initial recognition, lease payments are

apportioned between finance charges and reduction of the lease liability so as to achieve a constant rate of interest on the remaining

balance of the liability. Finance charges are recognised as finance costs in surplus or deficit. An asset held under a finance lease is

depreciated over the useful life of the asset. However, if there is no reasonable certainty that the Group will obtain ownership of the asset

by the end of the lease term, the asset is depreciated over the shorter of the estimated useful life of the asset and the lease term.

Group as a lessor:

The Group rents a building in Auckland.

Leases in which the Group does not transfer substantially all the risks and benefits of ownership of an asset are classified as operating

leases. Initial direct costs incurred in negotiating an operating lease are added to the carrying amount of the leased asset and recognised

over the lease term. Rent received from an operating lease is recognised as revenue on a straight-line basis over the lease term.

k) Revenue recognition

Revenue is recognised and measured at the fair value of the consideration received or receivable to the extent it is probable that the

economic benefits will flow to the Group and the revenue can be reliably measured. The following specific criteria must also be met

before revenue is recognised:

Revenue from exchange transactions

Sale of goods:

Revenue from the sale of goods is recognised when there is persuasive evidence, usually in the form of an executed sales agreement

at the time of delivery of the goods to the customer, indicating that there has been a transfer of risks and rewards to the customer,

no further work or processing is required, the quantity and quality of the goods has been determined, the price is fixed and generally

title has passed.

Performance of services:

Revenue from the performance of services such as seminars, toolbox courses, workshops and speaking engagements is recognised in the

period the services are provided as this is when the transaction can be estimated reliably.

Revenue from non-exchange transactions

Donations, funding and sponsorship:

Revenues from non-exchange transactions is recognised when the Group obtains control of the transferred asset (cash, goods, services,

or property) and the transfer is free from conditions that require the asset to be refunded or returned if the conditions are not fulfilled.

A deferred revenue liability is recognised instead of revenue when there is a condition attached that would give rise to a liability to repay,

for example, the funding or sponsorship amount or to return the granted asset if the conditions of funding are not met. Revenue is then

recognised only once the Group has satisfied these conditions.

Page 20: Annual Report 2016 - Parenting Place · families can transform society. This conviction animates our work as we seek to walk alongside and coach, moving families towards a place of

36Revenue received in kind

Revenue received in kind is recorded in donations at fair value and includes the EY Audit Fee of $40,000 (2015: $40,000) and Kemps Weir

and Bell Gully Legal Fees of $11,815 (2015: $20,000).

l) Term loans

Terms loans, on initial recognition, are classified as financial liabilities at amortised cost. Term loans are initially recognised at fair value

net of directly attributable transaction costs. After initial recognition, loans are carried at amortised cost using the effective interest

rate method.

2. Changes in accounting policies

Revaluation of land and buildings (property, plant and equipment)

The Group re-assessed its accounting for property, plant and equipment with respect to measurement of certain classes of property,

plant and equipment after initial recognition. The Group has previously measured all property, plant and equipment using the cost model,

whereby after initial recognition of the asset classified as property, plant and equipment, the asset was carried at cost less accumulated

depreciation and impairment losses (if any).

On 1 April 2015 the Group elected to change the method of accounting for land and buildings classified in property, plant and equipment,

as the Group believes that the revaluation model more effectively demonstrates the financial position of land and buildings and is more

aligned to practices adopted within the industry where the properties are held to earn rentals. In addition, the activity in the property

markets in which these assets are located provides observable market data on which reliable fair value estimates can be derived.

After initial recognition, the Group uses the revaluation model, whereby land and buildings will be measured at fair value at the date of

the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The Group applied the

revaluation model retrospectively.

4. Inventories During 2016, $162,729 was recognised as an expense for inventories, (books and magazines) carried at net realisable value.

A bank guarantee of $15,000 is in place for Air New Zealand Ltd, for the security on an Air New Zealand travel charge card facility.

3. Cash and cash equivalents 2016

$

This is represented by:

Current accounts 92,188

Funds held on trust with CB Richard Ellis Ltd 21,592

Term deposits and on-call savings account 16,067

129,847

5. Property, plant and equipment The fair value of land and building is their market value, determined giving consideration to the annual market rental income achievable by

the property, in conjunction with the required return investors would seek for similar assets. Calculations were made in consultation with

the Property Manager and considered both current and market rents on a sqm basis, and a required return of 7.25%, being a mid-point in

a range of expected rates of return on similar assets. The revaluation was effective from 31 March 2015, and the Group did not undertake

a formal valuation in determining fair value.

Furniture and fittings

Office equipment

Vehicles Land Buildings Leasehold improvements

Total

$ $ $ $ $ $ $

Cost or valuation

As at 1 April 2014 205,393 1,011,310 72,811 3,498,000 3,102,000 655,433 8,544,947

As at 31 March 2015 205,393 1,052,699 72,811 6,935,561 4,434,211 530,228 13,230,903

Additions - 45,487 179,960 - - 60,128 285,575

Disposals - - - - - - -

Revaluation - - - 434,169 279,109 - 713, 278

As at 31 March 2016 205,393 1,098,186 252,771 7,369,730 4,713,320 590,356 14,229,756

Depreciation and impairment

As at 1 April 2014 124,936 936,964 39,264 - 434,280 64,142 1,599,586

As at 31 March 2015 141,510 969,152 47,158 - - - 1,157,820

Depreciation 15,858 24,330 17,534 - 105,577 67,829 231,128

Disposals - - - - - - -

As at 31 March 2016 157,368 993,482 64,692 - 105,577 67,829 1,388,948

Net book value

As at 31 March 2015 63,883 83,547 25,653 6,935,561 4,434,211 530,228 12,073,083

As at 31 March 2016 48,025 104,704 188,079 7,369,730 4,607,743 522,527 12,840,808

The carrying value of property, plant and equipment held by the Group under finance leases at 31 March 2016 was $194,128 (2015: $36,459).

6. Commitments under non cancellable leases

Operating lease commitments – Group as a lessee

The operating leases are for motor vehicles and an office in Christchurch. 2016

$

Within one year 38,165

After one year but no later than two years 11,200

Total 49,365

Operating lease commitments – Group as a lessor

Future minimum rentals receivables from 3rd party tenants under non-cancellable leases are as follows:2016

$

Within one year 523,602

After one year but no later than two years 381,007

After two year but no later than five years 451,035

Total 1,355,644

Finance Lease commitments – Group as a lessee

The Group has entered into finance leases for its motor vehicle fleet. Future minimum lease payments under finance lease contracts

are as follows: 2016

$

Within one year 63,829

After one year but no later than two years 63,829

After two year but no later than five years 98,945

Total 226,603

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8. Donations

This includes all funds that have been received and used for a specific programme or purpose from various donors within New Zealand.

9. Ministry of Social Development funding (MSD)

The MSD provides funding in relation to the Toolbox Parenting Programme. The annual funding received this year was $599,992

(2015: $599,992). The Group report back on progress to MSD on a quarterly basis. The contract expired 30 June 2016. The Group

has now been issued a new contract, confirming that MSD funding will be renewed for another year to 30 June 2017, for the value of

$599,992.

10. Sponsorship

This includes funds that have been received from sponsors Toyota NZ Ltd and Vodafone NZ Ltd.

11. Services in kind Audit fees of $40,000 and legal fees of $11,815 were received in kind for the year ended 31 March 2016. An expense has been recognised

for the period, along with a corresponding amount recorded as income from donations.

12. Related party transactions

a) Subsidiary

The consolidated financial statements of the Group include the following subsidiary of the Society:

- The Parenting With Confidence Charitable Trust (the “Trust”).

The Trust was formed in New Zealand with the intention of benefiting the community through the Society.

The Trustees of the Trust made distributions to the Society of $428,000 during the year ended 31 March 2016 (2015: $270,000).

b) Related party transactions

There were no related party transactions for the year ended 31 March 2016.

Key management personnel of the Group:

The key management personnel are the members of the governing body which is comprised of the Board of Directors, Board of Trustees,

and the senior management team of the Society.

c) Compensation of key management personnel

The total remuneration of key management personnel and number of individuals, on a full-time equivalent (FTE) basis, receiving

remuneration from the Group are:

13. Subsequent events

After balance date the Group entered into further finance leases for motor vehicles. The fair value of assets capitalised,

and the corresponding lease liability was $61,655.

7. Financial liabilities

$250,000 Bank Loan

The Group entered into a loan secured against the property at 300 Great South Road, Greenlane. The loan has a 4 year term and matures

23 Dec 2019. Interest on the loan is fixed at 5.87% until 23 Dec 2016, at which point it reverts to a floating rate.

No remuneration is paid to Board members or Trustees of the Group.

2016

$

Total remuneration 892,233

Number of persons, FTE 11

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our future

Looking forward

Heading into the next 12-24 months,

there is so much to look forward to.

Our work is growing in depth and reach,

and we are incredibly excited about

the opportunities that are opening up

before us.

Our Toolbox programme is expanding,

and with the potential of some additional

government contracts, we are looking

forward to significant growth for

Toolbox. In order to quantify the life-

changing work being done through

Toolbox, and to refine and improve this

work, we will be putting our courses

through a rigorous evaluation process,

with help from a number of key

University of Auckland researchers. Their

current involvement in the Growing

Up in New Zealand longitudinal study

has lent a great deal of expertise to the

process thus far, and there are some

exciting opportunities for a mutually-

beneficial partnership between The

Parenting Place and Growing Up.

In addition to Toolbox, our Attitude

intermediate programme will continue

to grow rapidly over the next couple

of years.

We are also exploring the possibility of

opening up two more Parenting Place

centres in regions outside of Auckland.

Not only will these centres be

important for the expansion of our work,

but they will also facilitate collaboration

with like-minded organisations and the

sharing of resources and skills.

In order to reach families in more rural

communities, we are also beginning to

form partnerships with organisations

who are already doing amazing work in

these locations – often with families who

are particularly ‘at-risk’.

Over the next 12 months we will be

exploring new contexts in which to

strengthen parent-teen relationships,

as well as setting up marriage retreats.

With a passionate team and endless

opportunities before us, we are

enthusiastic and hopeful for the future.

We are deeply committed to inspiring

and equipping the families of Aotearoa

to thrive.

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