Annual Information Statement 2019

Legal Name: 
123Read2Me Limited
ABN: 
49609881861

About the charity

Website: 
www.123read2me.org.au
Charity size: 
Small
Is the charity an incorporated association?
No
Does the charity intend to fundraise in the next reporting period?
No
Basic Religious Charity: 
No

Activities and Beneficiaries

Did the charity operate in the 2019 reporting period?
Yes
Main activity: 
Other education
Main activities: 
Primary and secondary education
Description of charity's activities and outcomes: 
We collect, sort, pack and deliver books to support education and related organisations
operating in disadvantaged communities. Our Mission is to give2 books a month to
every child living ion poverty in Australia (currently 739,000 under 15 yo).
https://123read2me.org.au/about-us
Where the charity conducted activities during the 2019 reporting period: 
  • New South Wales
  • Queensland
  • Victoria
Will the charity change or introduce any activities in the 2020 period?
Yes
Changes planned: 
We will continue to expand our operations interstate, with the assistance of Lions Clubs International Multi District 201 (aka Lions Australia).
Main beneficiary: 
Children - aged 6 to under 15
Other beneficiaries: 
  • Early childhood - aged under 6
  • Aboriginal and Torres Strait Islander people
  • Migrants, refugees or asylum seekers
  • Other charities
  • People from a culturally and linguistically diverse background

Annual report

Note: If you want to see the financial report or annual report that this charity has submitted, go back to Financials & Documents.

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: 75

Financial Reporting

Charity's 2019 reporting period: 
1 July 2018 to 30 June 2019
Accounting method used in the 2019 reporting period: 
Cash

Income and Expenses

Income Statement summary

Revenue/receipts
Donations and bequests: 
$41,471.00
Revenue from providing goods or services: 
$0.00
Revenue from government including grants: 
$19,221.00
Revenue from investments: 
$0.00
Other revenue/receipts: 
$3,658.00
Total revenue/receipts: 
$64,350.00
Other income (for example, gains): 
$0.00
Total income/receipts: 
$64,350.00
Expenses/Payments
Employee expenses/payments: 
$0.00
Grants and donations made for use in Australia: 
$8,036.00
Grants and donations made for use outside Australia: 
$0.00
Other expenses/payments: 
$45,743.00
Total expenses/payments: 
$53,779.00
Net surplus/(deficit): 
$10,571.00

Balance Sheet Extract

Total assets: 
$69,538.00
Total liabilities: 
$0.00
Net assets/liabilites: 
$69,538.00