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
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