IMPORTANT INFORMATION FROM INCORPORATED SOCIETIES

Question: Do Tier 2 not-for-profit golf clubs need to lodge financial statements?

Yes.

A Tier 2 not-for-profit golf club that is an incorporated society and is not registered as a charity is required to prepare and lodge its annual financial statements with the Incorporated Societies Register (Companies Office).

Key points:

• All incorporated societies must file annual financial statements and an annual return under the Incorporated Societies Act 2022.
• Tier 2 status affects the accounting standard used, not whether filing is required.
• Financial statements must be:
  • Presented to members at the AGM, and
  • Lodged within 6 months of the balance date
• Registered charities are exempt from filing with Companies Office and instead lodge with Charities Services.

In short:

If your club is Tier 2, incorporated, and not a registered charity → filing is mandatory.