Annual Information Statement 2017

Legal Name: 
The Trustee For The LBW Trust
ABN: 
86357910732

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: 
Higher education
Description of charity's activities and outcomes: 
The LBW Trust raises money to fund higher education for young women and men in developing cricket playing countries who would not otherwise have the chance at that level of education. The social return on investment from this type of support, particularly in relation to women, is extremely high. We raise money through a combination of events, most notably our highly regarded sell-out annual dinner at the Sydney Cricket Ground each year. We also raise funds through campaigns we run being Batting for Change which is centred around The Big Bash national cricket competition and Women for Change which was established during 2017 and got off to an incredibly successful start. We also receive money from a range of generous corporate and individual sponsors and supporters to whom we are inordinately grateful. We are run by a Board of 9 volunteers. In 2017, our level of fundraising took a step change upwards which was heavily enabled by our decision to take on our first full-time employee; a decision which has proven to be a very sound one. We currently support students (all of whom are funded through educational establishments who we vet carefully in advance, execute a contract with and who then have ongoing annual reporting obligations to us). During 2017, we supported students in India, Pakistan, Sri Lanka, Nepal, Afghanistan, Uganda, Jamaica and South Africa. During the year, our Women for Change campaign massively exceeded its initial goals and has now enabled us to expand to support more students, overwhelmingly women, in Kenya and Tanzania. Full details of our support, our upcoming events and other ways to stay updated and/or support our work, can be found on our website at www.lbwtrust.com.au
Main beneficiary: 
Overseas communities or charities
Other beneficiaries: 
  • Youth - aged 15 to under 25
  • Financially disadvantaged people
Where the charity conducted activities during the 2017 reporting period: 
New South Wales
Will the charity change or introduce any activities in the 2018 period?
No

Section C: Human Resources

Human resources: 
  • Full time employees: 1
  • Part time employees: 0
  • Casual employees: 2
  • Full-time equivalent staff (FTE): 1
  • Estimated number of volunteers: 12

Section D: Finance

Charity's 2017 reporting period: 
1 July 2016 to 30 June 2017
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?
Yes

Comprehensive Income Statement summary

Gross Income
Donations and bequests: 
$25,499.00
Revenue from providing goods or services: 
$657,774.00
Revenue from government including grants: 
$0.00
Revenue from investments: 
$1,801.00
All other revenue: 
$0.00
Total revenue: 
$685,074.00
Other income (for example, gains): 
$0.00
Total gross income: 
$685,074.00
Expenses
Employee expenses: 
$54,868.00
Grants and donations made for use in Australia: 
$0.00
Grants and donations made for use outside Australia: 
$324,918.00
All other expenses: 
$146,292.00
Total expenses: 
$526,078.00
Net surplus/(deficit): 
$158,996.00
Other comprehensive income: 
$0.00
Total comprehensive income: 
$158,996.00

Balance Sheet extract

Assets
Total current assets: 
$615,859.00
Total non-current assets: 
$0.00
Total assets: 
$615,859.00
Liabilities
Total current liabilities: 
$240,413.00
Total non-current liabilities: 
$0.00
Total liabilities: 
$240,413.00
Net assets/liabilities: 
$375,446.00
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?
Yes
Select the state/territory where the charity intends to fundraise in the 2018 reporting period: 
NSW fundraising number: 20174