Annual Information Statement 2016

Legal Name
Lasercraft Australia Ltd
ABN
11003362481

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
Employment and training
Description of charity's activities and outcomes
Our organisation has helped to develop our employees social skills through interaction with other employees and staff whilst performing their daily tasks as well as helping to develop productivity skills through various hands on work and activities. Lasercraft has also supported and assisted with activities external to our Disability Enterprise which assist our employees with personal development such as sporting competitions and activities.This has been achieved through support, training and customised programs developed to suit the individual needs and ability of each employee. The needs of each employee is constantly monitored to ensure that the best care can be given on an ongoing basis.
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
Who was helped most by the charity's activities in the reporting period
People with disabilities
Did the charity provide funded support and/or services to participants of the National Disability Insurance Scheme in the 2016 reporting period?
N
Does the charity intend to provide funded support and/or services to participants of the National Disability Insurance Scheme in the next reporting period?
Yes

Section C: Human Resources

Human resources
  • Full time employees: 2
  • Part time employees: 9
  • Casual employees: 2

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?
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
$0.00
Revenue from government including grants
$230,776.00
All other revenue
$685,912.00
Total revenue
$916,688.00
Other income (for example, gains)
$89,200.00
Total gross income
$1,005,888.00
Expenses
Employee expenses
$591,826.00
Grants and donations made for use in Australia
$80.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$512,145.00
Total expenses
$1,104,051.00
Net surplus/(deficit)
$-98,163.00
Other comprehensive income
$0.00
Total comprehensive income
$-98,163.00

Balance Sheet extract

Assets
Total current assets
$3,376,418.00
Total non-current assets
$164,454.00
Total assets
$3,540,872.00
Liabilities
Total current liabilities
$206,050.00
Total non-current liabilities
$90,000.00
Total liabilities
$296,050.00
Net assets/liabilities
$3,244,822.00