Annual Information Statement 2020

Legal Name
National ELT Accreditation Scheme Limited
ABN
29003980667

About the charity

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

Charity programs

Program name
Quality Assurance Services
Program classification
Educational management
Program locations
Australia
Program overseas locations
  • Cambodia
  • China
  • Indonesia
  • Malaysia
  • Singapore
  • Thailand
  • United Arab Emirates
  • Viet Nam
Program operated online
Yes
Program beneficiaries
  • Migrants, refugees or asylum seekers
  • People from a culturally and linguistically diverse background
  • People in rural/regional/remote communities
  • Overseas communities or charities
Program website

International activities undertaken
Operating overseas including delivering programs
Description of the charities international activities
NEAS Australia delivers quality assurance services including professional development to 57 Australia member or member-affiliated offshore centres in ASEAN, China and the Middle East.
Description of the charities activities and outcomes
NEAS Australia (National ELT Accreditation Scheme) is the global leader in quality assurance for the English language teaching community.
NEAS Australia advances education by providing quality assurance services to everyone in the English Language Teaching Community in Australia. This includes supporting organisations in their quality assurance across 167 member centres in Australia and all states and territories except ACT. NEAS conducted 50 events, workshops, webinars and online courses for individual managers, teachers and professional staff in the English language teaching community throughout FY2020.

Human Resources

Employees and volunteers
  • Full time employees: 4
  • Part time employees: 7
  • Casual employees: 0
  • Full-time equivalent staff (FTE): 5
  • Estimated number of volunteers: 4

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

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$0.00
Revenue from providing goods or services
$848,133.00
Revenue from government including grants
$98,750.00
Revenue from investments
$0.00
All other revenue
$0.00
Total revenue
$946,883.00
Other income (for example, gains)
$-5,743.00
Total gross income
$941,140.00
Expenses
Employee expenses
$768,951.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$408,366.00
Total expenses
$1,177,317.00
Net surplus/(deficit)
$-236,177.00
Other comprehensive income
$0.00
Total comprehensive income
$-236,177.00

Balance Sheet extract

Assets
Total current assets
$1,151,555.00
Total non-current assets
$87,469.00
Total assets
$1,239,024.00
Liabilities
Total current liabilities
$383,298.00
Total non-current liabilities
$51,084.00
Total liabilities
$434,382.00
Net assets/liabilities
$804,642.00