Annual Information Statement 2017

Legal Name
Global Institute For Training (GIFT) Incorporated
ABN
95967486856

Section A: Charity Information

Charity size
Small
Basic Religious Charity
No

Section B: Activities

Did the charity operate in the 2017 reporting period?
Yes
Main activity
Other education
Description of charity's activities and outcomes
We have made substantial progress towards commencing operation as a Registered Training Organisation which will issue Certificate IV in TESOL through a combination of RPL/RCC (Recognition of Prior Learning / Recognition of Current Competence) and Gap Training. We were heavily involved in the accreditation of the TESOL certificate course. We have prepared a Business Plan and successfully received endorsement of our Financial Viability and submitted our application for Registration in late April. We have been in consultation with TESOL trainers from around the world in order to be able to provide an authentic and relevant qualification which will open doors for TESOL teachers to go to the neediest places and communities and help empower the poor.
Main beneficiary
People from a culturally and linguistically diverse background
Other beneficiaries
  • Migrants, refugees or asylum seekers
  • Overseas communities or charities
Where the charity conducted activities during the 2017 reporting period
  • Australian Capital Territory
  • Western Australia
  • Other Countries
    • CHN
    • ETH
    • GBR
    • USA
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: 0
  • Full-time equivalent staff (FTE): 0
  • Estimated number of volunteers: 12

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
$9,802.00
Revenue from providing goods or services
$0.00
Revenue from government including grants
$0.00
Revenue from investments
$1.00
Other revenue/receipts
$0.00
Total revenue/receipts
$9,803.00
Other income (for example, gains)
$0.00
Total income/receipts
$9,803.00
Expenses/Payments
Employee expenses/payments
$0.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$0.00
Other expenses/payments
$13,422.00
Total expenses/payments
$13,422.00
Net surplus/(deficit)
$-3,619.00

Balance Sheet Extract

Total assets
$6,249.00
Total liabilities
$4.00
Net assets/liabilites
$6,245.00

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?
Yes
Select the state/territory and enter the incorporated association number
WA incorporated association number: A1016759C
Does the charity intend to fundraise in the next reporting period?
Yes