Annual Information Statement 2017

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 2017 reporting period?
Yes
Main activity
Religious activities
Description of charity's activities and outcomes
WEC International's activities are divided into two main purposes: Mobilising and Sending for Church Planting.Mobilising: We have several teams in most Australian States who are in contact with churches and Bible Colleges, encouraging their members and students by answering questions about establishing and helping churches through overseas missions work.Sending: For people who would like to go overseas for mission work we have teams in Australia who will train, equip, advise and care for those people before, during and after their time overseas.
Main beneficiary
Adults - aged 25 to under 65
Other beneficiaries
Youth - aged 15 to under 25
Where the charity conducted activities during the 2017 reporting period
  • New South Wales
  • Queensland
  • South Australia
  • Tasmania
  • Victoria
  • Western Australia
Will the charity change or introduce any activities in the 2018 period?
No

Section C: Human Resources

Human resources
  • Full time employees: 0
  • Part time employees: 0
  • Casual employees: 0
  • Full-time equivalent staff (FTE): 0
  • Estimated number of volunteers: 70

Section D: Finance

Charity's 2017 reporting period
1 January 2017 to 31 December 2017
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

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$77,769.00
Revenue from providing goods or services
$643,450.00
Revenue from government including grants
$0.00
Revenue from investments
$34,151.00
All other revenue
$16,221.00
Total revenue
$771,591.00
Other income (for example, gains)
$0.00
Total gross income
$771,591.00
Expenses
Employee expenses
$0.00
Grants and donations made for use in Australia
$53,124.00
Grants and donations made for use outside Australia
$44,815.00
All other expenses
$764,925.00
Total expenses
$862,864.00
Net surplus/(deficit)
$-91,273.00
Other comprehensive income
$0.00
Total comprehensive income
$-91,273.00

Balance Sheet extract

Assets
Total current assets
$1,968,570.00
Total non-current assets
$26,986,797.00
Total assets
$28,955,367.00
Liabilities
Total current liabilities
$43,946.00
Total non-current liabilities
$381,611.00
Total liabilities
$425,557.00
Net assets/liabilities
$28,529,810.00
Financial report submitted to a state/territory regulator?
No

Section E: Annual report

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

Section F: Reporting to state or territory regulators

Is the charity an incorporated association?
No
Does the charity intend to fundraise in the next reporting period?
No