Annual Information Statement 2020

Legal Name
Koto International Limited
ABN
89937994292

About the charity

Website
Charity size
Medium
Is the charity an incorporated association?
Yes
Does the charity intend to fundraise in the next reporting period?
Yes
Is the charity a Basic Religious Charity?
No

Charity programs

Program name
Trainee Sponsorship
Program classification
Job training
Program locations
Vietnam
Program overseas locations
Viet Nam
Program beneficiaries
Youth - 15 to under 25

International activities undertaken
Transferring funds or goods overseas
Description of the charities activities and outcomes
The function of KOTO International Limited is to assist disadvantaged youth living in Vietnam by fundraising for the two-year hospitality traineeship program run by KOTO Company Ltd, Vietnam. This activity is consistent with the objectives of the Company which are to:

Increase the size of fundraising
Reduce operating costs in order to maximise the donation amount for the traineeship program
Assist KOTO Company Ltd, Vietnam to run a high-quality, up to date traineeship program

Human Resources

Employees and volunteers
  • Full time employees: 0
  • Part time employees: 0
  • Casual employees: 0
  • Full-time equivalent staff (FTE): 0
  • Estimated number of volunteers: 6

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?
No
Financial report submitted to a state/territory regulator?
No

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$373,595.00
Revenue from providing goods or services
$0.00
Revenue from government including grants
$0.00
Revenue from investments
$0.00
All other revenue
$0.00
Total revenue
$373,595.00
Other income (for example, gains)
$0.00
Total gross income
$373,595.00
Expenses
Employee expenses
$0.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$377,500.00
All other expenses
$8,590.00
Total expenses
$386,090.00
Net surplus/(deficit)
$-12,495.00
Other comprehensive income
$0.00
Total comprehensive income
$-12,495.00

Balance Sheet extract

Assets
Total current assets
$19,671.00
Total non-current assets
$10,809.00
Total assets
$30,480.00
Liabilities
Total current liabilities
$0.00
Total non-current liabilities
$0.00
Total liabilities
$0.00
Net assets/liabilities
$30,480.00