Annual Information Statement 2016

Legal Name: 
Youth Futures Ltd
ABN: 
11124211565

Section A: Charity Information

Charity size: 
Large
Basic Religious Charity: 
No

Section B: Activities

Did the charity operate in the 2016 reporting period?
Yes
Main activity: 
Housing activities
Main activities: 
  • Emergency and relief
  • Employment and training
Description of charity's activities and outcomes: 
Youth Futures fundraising and donations are used for our work with disadvantaged young people which includes provision of food, toiletries, clothing, accommodation both crisis and transitional, provision of household essentials and direct support services. Fund raising includes direct mail, online requests, media requests, donation tin collections and small events.
Will the charity change or introduce any activities in the 2017 period?
No
Where the charity conducted activities during the 2016 reporting period: 
Western Australia
Who was helped most by the charity's activities in the reporting period: 
Youth - aged 15 to under 25

Section C: Human Resources

Human resources: 
  • Full time employees: 10
  • Part time employees: 9
  • Casual employees: 6
  • Estimated number of volunteers: 20

Section D: Finance

Type of financial statement: 
Special 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?
No
Charity's 2016 reporting period: 
1 July 2015 to 30 June 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: 
$137,688.00
Revenue from government including grants: 
$1,490,986.00
All other revenue: 
$616,444.00
Total revenue: 
$2,245,118.00
Other income (for example, gains): 
$125,724.00
Total gross income: 
$2,370,842.00
Expenses
Employee expenses: 
$1,401,563.00
Interest expenses: 
$0.00
Grants and donations made for use in Australia: 
$445,053.00
Grants and donations made for use outside Australia: 
$0.00
All other expenses: 
$476,570.00
Total expenses: 
$2,323,186.00
Net surplus/(deficit): 
$47,656.00
Other comprehensive income: 
$0.00
Total comprehensive income: 
$47,656.00

Balance Sheet extract

Assets
Total current assets: 
$874,681.00
Non-current loans receivable: 
$0.00
Other non-current assets: 
$93,646.00
Total non-current assets: 
$93,646.00
Total assets: 
$968,327.00
Liabilities
Total current liabilities: 
$193,867.00
Non-current loans payable: 
$0.00
Other non-current liabilities: 
$21,136.00
Total non-current liabilities: 
$21,136.00
Total liabilities: 
$215,003.00
Net assets/liabilities: 
$753,324.00