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AIS Report - 2017
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
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
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