Annual Information Statement 2014

Legal Name
The Trustee For The Turner Foundation
ABN
76492238608

Section A: Charity Information

Charity size
Small
Basic Religious Charity
No

Section B: Activities

Activities in the 2014 reporting period
Yes
Main activity
Other education
General activities
Other
Description of charity’s activities and outcomes
The maintenance of a library containing numerous technical magazines, books, manuals and text books relating to a wide variety of vintage automobiles, outboard motors, and the maintenance, repair and history of same. This library is open to members of the public by appointment, and is also used by other automotive repairers, seeking assistance and guidance on repair techniques for various vehicles.The Trust also exhibits the motor vehicles and outboard motors owned by it to members of the public, once again by appointment.The library and the exhibition of cars demonstrate to the public and for the benefit of the public, and for the benefit of car enthusiasts, and vintage car restorers, the progression of mechanical development of motor vehicles and outboard motors from the 1920s to date.The library and the workshop also allows research to be undertaken in relation to the original features of various vehicles, the methods of restoration, appropriate restoration techniques, all of which would be relevant to both current and historical model vehicles.The motor vehicles are regularly exhibited to the public at exhibits such as Moto Classica, which often attracts approximately 16,000 attendees. The vehicles were also exhibited at functions of the various car clubs, and, as and when required, at various Municipal and Service Club functions, for the purposes of assisting the Councils and Service Clubs in raising funds for appropriate charitable causes.
Changing or introducing activities in the next reporting period
No
Beneficiaries helped by charity’s activities in the 2014 reporting period
Other
  • Students in the pursuit of education in mechanical engineering.

Section C: Resources and operating locations

Estimated number of unpaid volunteers who worked for the charity during the 2014 reporting period
  • Full time employees: 0
  • Part time employees: 0
  • Casual employees: 0
  • Volunteers: 0
Where the charity operated during the 2014 reporting period
Victoria

Section D: Reporting and regulatory obligations (This section is optional)

Commonwealth department /(s) and/or agency/agencies charity had to report to over the 2014 reporting period, excluding the ATO and ACNC

Approximate hours spent reporting by paid staff
0.00
Approximate hours spent reporting by unpaid volunteers
0.00
Total hours spent reporting
0.00

Section E: Financial information

Charity's 2014 reporting period
1 July 2013 to 30 June 2014
2014 Financial report
Note: If you want to see the financial report or annual report that this charity has submitted, go back to Financials & Documents.

Income and Expenses

Income Statement

Revenue/receipts
A Government grants
$0.00
B Donations and bequests
$500.00
C Other income/receipts
$89,066.00
D Total income/receipts (a+b+c)
$89,566.00
Expenses
E Employee expenses/payments
$0.00
F Grant and donations made by the registered entity for use in Australia
$0.00
G Grants and donations made by registered entity for use outside Australia
$0.00
H Other expenses/payments
$297,724.00
I Total expenses/payments (e+f+g+h)
$297,724.00
J Net surplus/deficit (d-i)
$-208,158.00

Balance Sheet Extract

K Total assets
$3,787,943.00
L Total liabilities
$9,625.00
M Net assets/liabilites (k-l)
$3,778,318.00