Annual Information Statement 2016

Legal Name
Vedanta Centre Of Sydney
ABN
26745853272

Section A: Charity Information

Charity size
Large
Basic Religious Charity
No

Section B: Activities

Did the charity operate in the 2016 reporting period?
Yes
Main activity
Religious activities
Main activities
Culture and arts
Description of charity's activities and outcomes
Regular classes were conducted in Yoga, Meditation and Scriptural Studies. Children's classes were held for moral and spiritual development. Spiritual Retreats were conducted which gave participants a chance to come out of their busy life and reflect and transform more deeper and spiritual aspects of their personality. Annual functions in our centres in different states promoted cultural activities with a focus on development of the personality and the spirit. Personal Counselling, as and when required helped relevant persons. We also held an International Yoga Conference in 2016.Through these activities and through man-making, character building education, we reinforce our aims of spreading the idea of the potential divinity of every being and how to manifest it through every action and thought, spreading peace through the society and alleviate human suffering, treating all our actions as worship of God, and service to man as service to God.
Will the charity change or introduce any activities in the 2017 period?
No
Where the charity conducted activities during the 2016 reporting period
  • Australian Capital Territory
  • New South Wales
  • Queensland
  • South Australia
  • Victoria
  • Western Australia
Who was helped most by the charity's activities in the reporting period
General community within Australia

Section C: Human Resources

Human resources
Estimated number of volunteers: 75

Section D: Finance

Type of financial statement
General purpose financial statements
Financial report consolidated with more than one entity?
No
Charity's 2016 reporting period
1 July 2015 to 30 June 2016
Financial report submitted to a state/territory regulator?
No
2016 Financial report
Note: If you want to see the financial report or annual report that this charity has submitted, go back to Financials & Documents.

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$2,021,023.00
Revenue from government including grants
$0.00
All other revenue
$16,072.00
Total revenue
$2,037,095.00
Other income (for example, gains)
$0.00
Total gross income
$2,037,095.00
Expenses
Employee expenses
$0.00
Interest expenses
$106,217.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$653,917.00
Total expenses
$760,134.00
Net surplus/(deficit)
$1,276,961.00
Other comprehensive income
$0.00
Total comprehensive income
$1,276,961.00

Balance Sheet extract

Assets
Total current assets
$278,298.00
Non-current loans receivable
$0.00
Other non-current assets
$28,125,881.00
Total non-current assets
$28,125,881.00
Total assets
$28,404,179.00
Liabilities
Total current liabilities
$36,986.00
Non-current loans payable
$3,422,013.00
Other non-current liabilities
$0.00
Total non-current liabilities
$3,422,013.00
Total liabilities
$3,458,999.00
Net assets/liabilities
$24,945,180.00