Annual Information Statement 2017

Legal Name
Vedanta Centre Of Sydney
ABN
26745853272

Section A: Charity Information

Charity size
Large
Basic Religious Charity
No

Section B: Activities

Did the charity operate in the 2017 reporting period?
Yes
Main activity
Religious activities
Main activities
Culture and arts
Description of charity's activities and outcomes
Regular classes were conducted in Yoga, Meditation and Scriptural Studies. Children's classeswere held for moral and spiritual development. Spiritual Retreats were conducted which gaveparticipants a chance to come out of their busy life and reflect and transform more deeper andspiritual aspects of their personality. Annual functions in our centres in different states promotedcultural activities with a focus on development of the personality and the spirit. PersonalCounselling, as and when required helped relevant persons. We also held an International YogaConference in the financial year 2016-17.Through these activities and through man-making, character building education, we reinforce ouraims of spreading the idea of the potential divinity of every being and how to manifest it throughevery action and thought, spreading peace through the society and alleviate human suffering,treating all our actions as worship of God, and service to man as service to God.
Main beneficiary
General community in Australia
Where the charity conducted activities during the 2017 reporting period
  • Australian Capital Territory
  • New South Wales
  • Queensland
  • South Australia
  • Victoria
  • Western Australia
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: 80

Section D: Finance

Charity's 2017 reporting period
1 July 2016 to 30 June 2017
Type of financial statement
General purpose financial statements
Financial report consolidated with more than one entity?
No

Comprehensive Income Statement summary

Gross Income
Donations and bequests
$1,063,237.00
Revenue from providing goods or services
$34,331.00
Revenue from government including grants
$16,000.00
Revenue from investments
$649.00
All other revenue
$0.00
Total revenue
$1,114,217.00
Other income (for example, gains)
$0.00
Total gross income
$1,114,217.00
Expenses
Employee expenses
$0.00
Interest expenses
$116,102.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$601,615.00
Total expenses
$717,717.00
Net surplus/(deficit)
$396,500.00
Other comprehensive income
$0.00
Total comprehensive income
$396,500.00

Balance Sheet extract

Assets
Total current assets
$287,796.00
Non-current loans receivable
$0.00
Other non-current assets
$28,642,245.00
Total non-current assets
$28,642,245.00
Total assets
$28,930,041.00
Liabilities
Total current liabilities
$30,424.00
Non-current loans payable
$3,557,937.00
Other non-current liabilities
$0.00
Total non-current liabilities
$3,557,937.00
Total liabilities
$3,588,361.00
Net assets/liabilities
$25,341,680.00
Financial report submitted to a state/territory regulator?
Yes
State or territory of the regulator where financial report was submitted
New South Wales

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
Does the charity intend to fundraise in the next reporting period?
Yes