Annual Information Statement 2014

Legal Name
Western Research Institute Limited
ABN
76090089991

Section A: Charity Information

Charity size
Medium
Basic Religious Charity
No

Section B: Activities

Activities in the 2014 reporting period
Yes
Main activity
Research
General activities
Economic, social and community development
Description of charity’s activities and outcomes
WRI completed 30 research projects in 2014. A third of all projects completed in 2014 were commissioned by new clients and significantly, a number of projects completed in 2014 (for both new and returning clients) were focused in the Murray-Murrumbidgee region of NSW. This represents a significant expansion to WRIs recent research footprint, allowing the organisation to service an extended regional community.Economic impact projects with a benefit-cost analysis component proved to be a key project methodology during 2014. The combination is becoming a highly sought after methodology for local government and other organisations submitting funding applications with the NSW state government such as Resources for Regions and Cobbora Transition Fund. WRIs research contributed to a number of regional projects successfully obtaining funding, these included Maitland CBD redevelopment and a number of projects for Wellington Council.In addition, WRI completed a study in early 2014 that combined economic impact with social impact methodologies to provide a more comprehensive understanding of the impacts of a large mining operation on a regional community. This study generated significant interest amongst stakeholders in mining related Councils.Education and community profiles were also a key focus area of WRIs research in 2014. WRI was able to support education providers, government and other regional organisations to better understand their communities through a range projects focusing on economic and community profiles. Furthermore WRI completed range of projects provided at cost or on a pro-bono basis including, providing planning materials for a low SES housing provider as well as providing presentations and commentary on economic policy and its impact on regional Australia, especially Central West NSW.
Changing or introducing activities in the next reporting period
No
Beneficiaries helped by charity’s activities in the 2014 reporting period
Other
  • Regional and Rural Communities

Section C: Resources and operating locations

Estimated number of unpaid volunteers who worked for the charity during the 2014 reporting period
  • Full time employees: 5
  • Part time employees: 1
  • Casual employees: 4
  • Volunteers: 0
Where the charity operated during the 2014 reporting period
  • New South Wales
  • Queensland

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
Approximate hours spent reporting by unpaid volunteers
0
Total hours spent reporting
0

Section E: Financial information

Charity's 2014 reporting period
1 January 2014 to 31 December 2014
Financial report submitted to a state/territory regulator?
No
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

Gross Income
A Government grants
$0.00
B Donations and bequests
$0.00
C All other revenue
$519,983.00
D Total revenue (a+b+c)
$519,983.00
E Other income
$0.00
F Total gross income (d+e)
$519,983.00
Expenses
G Employee expenses
$425,471.00
H Grants and donations made for use in Australia
$0.00
I Grants and donations made for use outside Australia
$0.00
J All other expenses
$98,485.00
K Total expenses (g+h+i+j)
$523,956.00
L Net surplus/deficit (f-k)
$-3,973.00

Balance Sheet extract

Assets
M Total current assets
$392,000.00
N Total non-current assets
$17,504.00
O Total assets (m+n)
$409,504.00
Liabilities
P Total current liabilities
$101,117.00
Q Total non-current liabilities
$0.00
R Total liabilities (p+q)
$101,117.00
S Net assets/liabilities (o-r)
$308,387.00