Annual Information Statement 2018

Legal Name: 
AINSE Ltd
ABN: 
18133225331

About the charity

Charity size: 
Large
Is the charity an incorporated association?
No
Does the charity intend to fundraise in the next reporting period?
No
Basic Religious Charity: 
No

Activities and Beneficiaries

Did the charity operate in the 2018 reporting period?
Yes
Main activity: 
Research
Main activities: 
Other education
Description of charity's activities and outcomes: 
Provide funding for scientific research and training for students and academics from Australia and New Zealand.
Where the charity conducted activities during the 2018 reporting period: 
New South Wales
Will the charity change or introduce any activities in the 2019 period?
Yes
Changes planned: 
Offer a new scholarship program for Early Career Researchers.
Main beneficiary: 
General community in Australia

Annual report

Note: If you want to see the financial report or annual report that this charity has submitted, go back to Financials & Documents.

Human Resources

Human resources: 
  • Full time employees: 3
  • Part time employees: 2
  • Casual employees: 1
  • Full-time equivalent staff (FTE): 4
  • Estimated number of volunteers: 0

Financial Reporting

Charity's 2018 reporting period: 
1 January 2018 to 31 December 2018
Type of financial statement: 
General purpose financial statements
Financial report consolidated with more than one entity?
No
Did your charity have any related party transactions?
No
Does your charity have documented policies or processes about related party transactions?
Yes
Financial report submitted to a state/territory regulator?
No

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests: 
$0.00
Revenue from providing goods or services: 
$0.00
Revenue from government including grants: 
$3,000.00
Revenue from investments: 
$75,537.00
All other revenue: 
$1,797,787.00
Total revenue: 
$1,876,324.00
Other income (for example, gains): 
$30,762.00
Total gross income: 
$1,907,086.00
Expenses
Employee expenses: 
$528,942.00
Interest expenses: 
$0.00
Grants and donations made for use in Australia: 
$0.00
Grants and donations made for use outside Australia: 
$0.00
All other expenses: 
$1,301,280.00
Total expenses: 
$1,830,222.00
Net surplus/(deficit): 
$76,864.00
Other comprehensive income: 
$0.00
Total comprehensive income: 
$76,864.00

Balance Sheet extract

Assets
Total current assets: 
$3,697,216.00
Non-current loans receivable: 
$0.00
Other non-current assets: 
$11,355.00
Total non-current assets: 
$11,355.00
Total assets: 
$3,708,571.00
Liabilities
Total current liabilities: 
$565,725.00
Non-current loans payable: 
$0.00
Other non-current liabilities: 
$16,932.00
Total non-current liabilities: 
$16,932.00
Total liabilities: 
$582,657.00
Net assets/liabilities: 
$3,125,914.00