Annual Information Statement 2017

Legal Name
Free the Bears Ltd
ABN
23763253031

Section A: Charity Information

Other names charity is known by (such as trading name)
Free the Bears
Charity size
Large
Basic Religious Charity
No

Section B: Activities

Did the charity operate in the 2017 reporting period?
Yes
Main activity
Animal protection
Main activities
  • Research
  • Environmental activities
  • International activities
Provide further details of the charity's international activities
Free the Bears works directly with governmental and nongovernmental partners in Cambodia, India, Laos and Vietnam to address the illegal trade in wildlife, particularly bears. This is achieved through;
1. the funding, development and management of world-class wildlife sanctuaries to strengthen capacity for enforcement of national and international wildlife laws,
2. protection of threatened populations of wild bears via innovative conservation interventions, and
3. improved public attitudes and reduced consumption of bear products through innovative public awareness and education programmes
Description of charity's activities and outcomes
Free the Bears Fund works with expert affiliate and partner groups on projects that will make a significant impact on animal welfare, conservation, education and environmental awareness. We work with national and provincial government partners to ensure the best chance of long-term success for each programme. Primary objectives for 2016/17 included; Continued support for efforts aimed at reducing illegal poaching of bears in Cambodia, and further development of the Cambodian Bear Sanctuary as a world-class facility for life-long care of bears, research and public education Increased support for efforts aimed at ending bear bile farming in Lao PDR and Vietnam through ground- breaking research into wild bear populations, enhanced environmental awareness amongst the general public and development of new sanctuaries to provide care for any bears rescued from exploitive situations Ongoing support for the life-time care of former dancing bears in India and monitoring of Kalandar communities to ensure that alternative livelihoods adopted following the cessation of bear dancing are sustainable and lead to improved welfare for the community.
Main beneficiary
Overseas communities or charities
Other beneficiaries
General community within Australia
Where the charity conducted activities during the 2017 reporting period
  • New South Wales
  • Queensland
  • South Australia
  • Tasmania
  • Victoria
  • Western Australia
  • Other Countries
    • KHM
    • IND
    • IDN
    • LAO
    • THA
    • VNM
Will the charity change or introduce any activities in the 2018 period?
No

Section C: Human Resources

Human resources
  • Full time employees: 62
  • Part time employees: 13
  • Casual employees: 5
  • Full-time equivalent staff (FTE): 67
  • Estimated number of volunteers: 500

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

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$1,170,791.00
Revenue from providing goods or services
$144,459.00
Revenue from government including grants
$0.00
Revenue from investments
$0.00
All other revenue
$250,051.00
Total revenue
$1,565,301.00
Other income (for example, gains)
$0.00
Total gross income
$1,565,301.00
Expenses
Employee expenses
$121,894.00
Interest expenses
$0.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$1,231,601.00
All other expenses
$104,931.00
Total expenses
$1,458,426.00
Net surplus/(deficit)
$106,875.00
Other comprehensive income
$0.00
Total comprehensive income
$106,875.00

Balance Sheet extract

Assets
Total current assets
$378,224.00
Non-current loans receivable
$0.00
Other non-current assets
$30,777.00
Total non-current assets
$30,777.00
Total assets
$409,001.00
Liabilities
Total current liabilities
$208,374.00
Non-current loans payable
$0.00
Other non-current liabilities
$0.00
Total non-current liabilities
$0.00
Total liabilities
$208,374.00
Net assets/liabilities
$200,627.00
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?
Yes
Select the state/territory and enter the incorporated association number
WA incorporated association number: A1004507U
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
  • QLD fundraising number: CH2356
  • TAS fundraising number: C10013
  • WA fundraising number: CC21281