Annual Information Statement 2017

Legal Name
Computerbank Victoria Inc
ABN
98004700560

Section A: Charity Information

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
Social services
Main activities
  • Social services
  • Environmental activities
Description of charity's activities and outcomes
We accepted donations of computers and computer equipment, from companies, organisations and individuals, for the primary purpose of providing good working computers to people with limited income, so that they can participate better in society, seek work, improve their knowledge and so on. These donations were separated into salvageable and un-salvageable. Un-salvageable donations were broken down into their core components so that they could berecycled. All salvageable computers that meet our requirements were thenserviced, bundled with community-licensed software, and sold at a discount to limited income card holding members of the public. A range of these computers were also made available to asylum seekers for free. Computers that did not meet our requirements and other equipment that was salvageable was then sold online to help pay our running costs.
Main beneficiary
Financially disadvantaged people
Other beneficiaries
  • General community within Australia
  • Migrants, refugees or asylum seekers
Where the charity conducted activities during the 2017 reporting period
Victoria
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: 2
  • Full-time equivalent staff (FTE): 0
  • Estimated number of volunteers: 20

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
$628.00
Revenue from providing goods or services
$126,242.00
Revenue from government including grants
$0.00
Revenue from investments
$195.00
Other revenue/receipts
$4,976.00
Total revenue/receipts
$132,041.00
Other income (for example, gains)
$0.00
Total income/receipts
$132,041.00
Expenses/Payments
Employee expenses/payments
$51,548.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$0.00
Other expenses/payments
$76,092.00
Total expenses/payments
$127,640.00
Net surplus/(deficit)
$4,401.00

Balance Sheet Extract

Total assets
$43,019.00
Total liabilities
$764.00
Net assets/liabilites
$42,255.00

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?
No
Does the charity intend to fundraise in the next reporting period?
No