The FY25 financial statements need to be finalised and ratified at the AGM. Given the AGM is scheduled for approximately 15 April, what is the plan for completing them, meeting the required notice period, and getting them to owners in time to review?

12–Apr–2026
Northmarque

In short:

  • The FY2025 audited financial statements have been distributed to owners (included with the Independent Auditor’s Report).
  • The Independent Auditor’s Report for FY2025 has also been made available.
  • There is no need to delay the AGM and it will go ahead as scheduled on 15 April 2026.

During the session, the Chair committed to contacting BC Systems first thing the following morning to ask them to liaise with Hartley’s for the outstanding statements and confirm what is required.

In addition, the audited financial statements and independent auditor’s report for FY2025 (01–Aug–2024 to 31–Jul–2025) have been provided to all owners. The delay in distribution was due to the former manager not passing the report to the body corporate or to BC Systems during the handover.

The independent auditor comments, ‘the accompanying financial report presents fairly, in all material respects, the financial position of Community Titles Scheme 43944 as at 31 July 2025, and its financial performance for the year then ended…’.

We encourage owners to review the Independent Auditor’s Report and refer any questions to the committee.

We also recognise that discussion around this matter in the session and in the WhatsApp Community may have caused some owners distress. If you are concerned about any of the information provided here or in the WhatsApp community, we encourage you to contact the committee for accurate information. You can reach out privately by email or directly to any member of the committee.

We strongly recommend that owners review the following information: