Annual Information Statement 2016

Legal Name
The Principal And Councillors Of Sancta Sophia College
ABN
32684514418

Section A: Charity Information

Other names charity is known by (such as trading name)
Sancta Sophia College
Charity size
Large
Basic Religious Charity
No

Section B: Activities

Did the charity operate in the 2016 reporting period?
Yes
Main activity
Higher education
Description of charity's activities and outcomes
The provision of scholarships and bursaries to students who are residing at the College. This enabled the provision of equitable access and supports to students. Donations were secured to assist with the provision of residential scholarships and bursaries, and other services. Students residing at the College were provided with accommodation, board, study assistance, and access to cultural, sporting, social and religious activities.
Will the charity change or introduce any activities in the 2017 period?
No
Where the charity conducted activities during the 2016 reporting period
New South Wales
Who was helped most by the charity's activities in the reporting period
  • Females
  • Males
  • Youth - aged 15 to under 25
  • Adults - aged 25 to under 65

Section C: Human Resources

Human resources
  • Full time employees: 12
  • Part time employees: 9
  • Casual employees: 17
  • Estimated number of volunteers: 30

Section D: Finance

Type of financial statement
Special purpose financial statements
Financial report consolidated with more than one entity?
No
Did your charity have any related party transactions?
Yes
Does your charity have documented policies or processes about related party transactions?
Yes
Charity's 2016 reporting period
1 January 2016 to 31 December 2016
Financial report submitted to a state/territory regulator?
No
2016 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

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$283,714.00
Revenue from government including grants
$0.00
All other revenue
$4,300,809.00
Total revenue
$4,584,523.00
Other income (for example, gains)
$0.00
Total gross income
$4,584,523.00
Expenses
Employee expenses
$1,483,289.00
Interest expenses
$8,213.00
Grants and donations made for use in Australia
$270,578.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$2,525,922.00
Total expenses
$4,288,002.00
Net surplus/(deficit)
$296,521.00
Other comprehensive income
$0.00
Total comprehensive income
$296,521.00

Balance Sheet extract

Assets
Total current assets
$3,926,522.00
Non-current loans receivable
$850,477.00
Other non-current assets
$3,594,459.00
Total non-current assets
$4,444,936.00
Total assets
$8,371,458.00
Liabilities
Total current liabilities
$2,059,208.00
Non-current loans payable
$0.00
Other non-current liabilities
$40,408.00
Total non-current liabilities
$40,408.00
Total liabilities
$2,099,616.00
Net assets/liabilities
$6,271,842.00