Annual Information Statement 2016

Legal Name
W.E.C. International
ABN
22000637749

Section A: Charity Information

Charity size
Medium
Basic Religious Charity
No

Section B: Activities

Did the charity operate in the 2016 reporting period?
Yes
Main activity
Religious activities
Description of charity's activities and outcomes
WEC International's activities are divided into two min purposes: mobilising and sending for Church Planting.Mobilising: We have several small teams in most Australian States who are mainly in contact with churches and Bible Colleges, encouraging members and students and answering questions about overseas missions work and Church Planting.Sending: For people who would like to go overseas for Church Planting work we have other teams in Australia who will train, equip, advise and care for those before, during and after their time as Church Planters.
Will the charity change or introduce any activities in the 2017 period?
No
Where the charity conducted activities during the 2016 reporting period
  • New South Wales
  • Queensland
  • South Australia
  • Tasmania
  • 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: 55

Section D: Finance

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?
Yes
Does your charity have documented policies or processes about related party transactions?
Yes
Charity's 2016 reporting period
1 January 2016 to 31 December 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
$65,392.00
Revenue from government including grants
$0.00
All other revenue
$720,490.00
Total revenue
$785,882.00
Other income (for example, gains)
$0.00
Total gross income
$785,882.00
Expenses
Employee expenses
$0.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$64,805.00
All other expenses
$688,351.00
Total expenses
$753,156.00
Net surplus/(deficit)
$32,726.00
Other comprehensive income
$0.00
Total comprehensive income
$32,726.00

Balance Sheet extract

Assets
Total current assets
$2,105,233.00
Total non-current assets
$26,947,641.00
Total assets
$29,052,874.00
Liabilities
Total current liabilities
$36,603.00
Total non-current liabilities
$395,188.00
Total liabilities
$431,791.00
Net assets/liabilities
$28,621,083.00