Annual Information Statement 2017

Legal Name: 
Lotus Educational Fund Ltd
ABN: 
76130576199

Section A: Charity Information

Other names charity is known by (such as trading name): 
Lotus Educational Fund
Charity size: 
Small
Fundraising online: 
No
Basic Religious Charity: 
No

Section B: Activities

Did the charity operate in the 2017 reporting period?
Yes
Main activity: 
Primary and secondary education
Main activities: 
Employment and training
Description of charity's activities and outcomes: 
in partnership with local families we support 84 girls to attend school. We have two cohorts of girls. Through our foundation the older older girls also have access to vocational training.
Main beneficiary: 
Children - aged 6 to under 15
Other beneficiaries: 
  • Females
  • People in rural/regional/remote communities
  • Financially disadvantaged people
Where the charity conducted activities during the 2017 reporting period: 
  • New South Wales
  • Other Countries
    • LAO
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: 1
  • Full-time equivalent staff (FTE): 0
  • Estimated number of volunteers: 10

Section D: Finance

Charity's 2017 reporting period: 
1 July 2016 to 30 June 2017
Accounting method used in the 2017 reporting period: 
Cash

Income Statement summary

Revenue/receipts
Donations and bequests: 
$22,165.00
Revenue from providing goods or services: 
$0.00
Revenue from government including grants: 
$0.00
Revenue from investments: 
$0.00
Other revenue/receipts: 
$0.00
Total revenue/receipts: 
$22,165.00
Other income (for example, gains): 
$0.00
Total income/receipts: 
$22,165.00
Expenses/Payments
Employee expenses/payments: 
$1,200.00
Grants and donations made for use in Australia: 
$0.00
Grants and donations made for use outside Australia: 
$4,641.00
Other expenses/payments: 
$0.00
Total expenses/payments: 
$5,841.00
Net surplus/(deficit): 
$16,324.00

Balance Sheet Extract

Total assets: 
$35,074.00
Total liabilities: 
$0.00
Net assets/liabilites: 
$35,074.00

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?
Yes
Does the charity intend to fundraise in the next reporting period?
Yes