Annual Information Statement 2016

Legal Name
Free the Bears Ltd
ABN
23763253031

Section A: Charity Information

Other names charity is known by (such as trading name)
Free the Bears
Charity size
Large
Basic Religious Charity
No

Section B: Activities

Did the charity operate in the 2016 reporting period?
Yes
Main activity
Animal protection
Main activities
  • Environmental activities
  • International activities
  • Research
Description of charity's activities and outcomes
Free the Bears Fund works with expert affiliate and partner groups on projects that will make a significant impact on animal welfare, conservation and awareness. The Charity works with national and provincial government partners to ensure the best chance of long-term success for each programme. Primary objectives for 2015/16 included; Continued support for efforts aimed at reducing illegal poaching of bears in Cambodia, and further development of the Cambodian Bear Sanctuary as a world-class facility for life-long care of bears, research and public education Increased support for efforts aimed at ending bear bile farming in Lao PDR and Vietnam through ground- breaking research into wild bear populations, enhanced environmental awareness amongst the general public and continued care for any bears rescued from exploitive situations Ongoing support for the life-time care of former dancing bears in India and monitoring of Kalandar communities to ensure that alternative livelihoods adopted following the cessation of bear dancing are sustainable and lead to improved welfare for the community.
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
  • Tasmania
  • Victoria
  • Western Australia
  • Other Countries
    • KHM
    • IND
    • IDN
    • LAO
    • THA
    • VNM
Who was helped most by the charity's activities in the reporting period
Overseas communities or charities

Section C: Human Resources

Human resources
  • Full time employees: 47
  • Part time employees: 8
  • Estimated number of volunteers: 500

Section D: Finance

Type of financial statement
Special 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?
Yes
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.
State or territory of the regulator where financial report was submitted
Western Australia

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$864,731.00
Revenue from government including grants
$0.00
All other revenue
$448,929.00
Total revenue
$1,313,660.00
Other income (for example, gains)
$0.00
Total gross income
$1,313,660.00
Expenses
Employee expenses
$145,819.00
Interest expenses
$0.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$1,352,336.00
All other expenses
$198,074.00
Total expenses
$1,696,229.00
Net surplus/(deficit)
$-382,569.00
Other comprehensive income
$22,699.00
Total comprehensive income
$-359,870.00

Balance Sheet extract

Assets
Total current assets
$365,580.00
Non-current loans receivable
$0.00
Other non-current assets
$38,471.00
Total non-current assets
$38,471.00
Total assets
$404,051.00
Liabilities
Total current liabilities
$310,299.00
Non-current loans payable
$0.00
Other non-current liabilities
$0.00
Total non-current liabilities
$0.00
Total liabilities
$310,299.00
Net assets/liabilities
$93,752.00