Annual Information Statement 2020

Legal Name
The Trustee For The LBW Trust
ABN
86357910732

About the charity

Charity size
Medium
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 2020 reporting period
  • NSW fundraising number: 20174
  • QLD fundraising number: CH3389
  • TAS fundraising number: C/10855
  • VIC fundraising number: 0015530
  • WA fundraising number: CC22825
Is the charity a Basic Religious Charity?
No

Charity programs

Program name
Women for Change
Program classification
Higher education
Program overseas locations
  • Afghanistan
  • Kenya
Program beneficiaries
  • Youth - 15 to under 25
  • Financially disadvantaged people
  • Females
  • Overseas communities or charities
Program website

Program name
Batting for Change
Program classification
Higher education
Program overseas locations
  • India
  • South Africa
  • Sri Lanka
Program beneficiaries
  • Youth - 15 to under 25
  • Financially disadvantaged people
  • Females
  • Males
Program website

Program name
LBW Trust
Program classification
Higher education
Program overseas locations
  • Afghanistan
  • India
  • Indonesia
  • Nepal
  • South Africa
  • Sri Lanka
  • Tanzania, United Republic of
Program beneficiaries
  • Youth - 15 to under 25
  • Financially disadvantaged people
  • Females
  • Males
Program website

International activities undertaken
Transferring funds or goods overseas
Description of the charities international activities
We find and carefully vet appropriate educational organisations overseas and then enter a funding agreement with them for a specific number of students on an annual basis. We have rigorous reporting expectations which form the basis of assessing access to any ongoing funding.
Description of the charities activities and outcomes
We undertake a range of fundraising activities in Australia to fund tertiary education for under-privileged students in the developing world.

Human Resources

Employees and volunteers
  • Full time employees: 1
  • Part time employees: 2
  • Casual employees: 1
  • Full-time equivalent staff (FTE): 1.60
  • Estimated number of volunteers: 20

Financial Reporting

Charity's 2020 reporting period
1 July 2019 to 30 June 2020
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?
No
Does your charity have documented policies or processes about related party transactions?
Yes
Financial report submitted to a state/territory regulator?
No

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$409,717.00
Revenue from providing goods or services
$287,896.00
Revenue from government including grants
$0.00
Revenue from investments
$1,141.00
All other revenue
$24,651.00
Total revenue
$723,405.00
Other income (for example, gains)
$0.00
Total gross income
$723,405.00
Expenses
Employee expenses
$143,469.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$373,528.00
All other expenses
$198,916.00
Total expenses
$715,913.00
Net surplus/(deficit)
$7,492.00
Other comprehensive income
$0.00
Total comprehensive income
$7,492.00

Balance Sheet extract

Assets
Total current assets
$704,328.00
Total non-current assets
$0.00
Total assets
$704,328.00
Liabilities
Total current liabilities
$341,051.00
Total non-current liabilities
$0.00
Total liabilities
$341,051.00
Net assets/liabilities
$363,277.00