Annual Information Statement 2017

Legal Name
Schoolgoers Pty Ltd
ABN
46601760749

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
International activities
International activities undertaken
Transferring funds or goods overseas
Provide further details of the charity's international activities
The purpose of Schoolgoers Pty Ltd is to fund the establishment and operation of Learning Centres in India. Learning Centres will provide out-of-hours education to disadvantaged children not attending school.

Schoolgoers Pty Ltd has established Schoolgoers Education Foundation India, which was incorporated in India on 10 July 2017. Schoolgoers Education Foundation India will deliver and operate the Learning Centres.

Schoolgoers Pty Ltd is in the process of obtaining Fair Credit Reporting Act (FCRA) approval from the Indian government, for the Schoolgoers Education Development Foundation India. This will enable monies raised in Australia to be transferred to the Indian entity, to fund the construction and operations of the Learning Centres.

Initial funds are earmarked for a Learning Centre in Bihar, a state in East India.
Description of charity's activities and outcomes
The purpose of Schoolgoers Pty Ltd is to fund the establishment and operation of Learning Centres in India. Learning Centres will provide out-of-hours education to disadvantaged children not attending school.Operating a charity in India is complex. For over 12 months Schoolgoers Pty Ltd has been working to establish an Indian entity to deliver and operate the Learning Centres. Incorporation occurred in July 2017. The Indian entity is known as Schoolgoers Education Development Foundation India (CIN: U80904BR2017NPL035071).Schoolgoers Pty Ltd is in the process of obtaining Fair Credit Reporting Act (FCRA) approval from the Indian government, for Schoolgoers Education Development Foundation India. Once FCRA approval is obtained, funds raised in Australia can be received by Schoolgoers Education Development Foundation India.Schoolgoers Pty Ltd is currently fundraising for the construction and operation of the first Learning Centre. One minor fundraiser was held in early 2017 with a few larger events planned for later 2017 and 2018. Approximately $40,000 is required to construct the first Learning Centre.
Main beneficiary
Overseas communities or charities
Other beneficiaries
Children - aged 6 to under 15
Where the charity conducted activities during the 2017 reporting period
  • New South Wales
  • Northern Territory
  • Queensland
  • South Australia
  • Tasmania
  • Victoria
  • Western Australia
  • Other Countries
    • IND
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: 7

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
$1,537.00
Revenue from providing goods or services
$4,689.00
Revenue from government including grants
$0.00
Revenue from investments
$0.00
Other revenue/receipts
$0.00
Total revenue/receipts
$6,226.00
Other income (for example, gains)
$3.00
Total income/receipts
$6,229.00
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
$2,223.00
Total expenses/payments
$2,223.00
Net surplus/(deficit)
$4,006.00

Balance Sheet Extract

Total assets
$5,050.00
Total liabilities
$0.00
Net assets/liabilites
$5,050.00

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?
No
Does the charity intend to fundraise in the next reporting period?
Yes
Select the state/territory where the charity intends to fundraise in the 2018 reporting period
  • NSW fundraising number: CFN24161
  • QLD fundraising number: CH2877
  • SA fundraising number: CCP2359
  • TAS fundraising number: C10326
  • WA fundraising number: CC22042