Annual Information Statement 2019

Legal Name: 
The Trustee For The LBW Trust
ABN: 
86357910732

About the charity

Other names charity is known by (such as trading name): 
LBW Trust
Website: 
http://www.lbwtrust.com.au
Charity size: 
Medium
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 2019 reporting period: 
NSW fundraising number: 20174
Basic Religious Charity: 
No

Activities and Beneficiaries

Did the charity operate in the 2019 reporting period?
Yes
Main activity: 
Higher education
Description of charity's activities and outcomes: 
We undertake a range of fundraising activities in Australia to fund tertiary education for under-privileged students in the developing world.
Where the charity conducted activities during the 2019 reporting period: 
New South Wales
Will the charity change or introduce any activities in the 2020 period?
No
Main beneficiary: 
Financially disadvantaged people
Other beneficiaries: 
  • Youth - aged 15 to under 25
  • Overseas communities or charities

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: 1
  • Part time employees: 0
  • Casual employees: 2
  • Full-time equivalent staff (FTE): 1.30
  • Estimated number of volunteers: 20

Financial Reporting

Charity's 2019 reporting period: 
1 July 2018 to 30 June 2019
Type of financial statement: 
General purpose financial statements
Financial report consolidated with more than one entity?
No
Financial report submitted to a state/territory regulator?
No

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests: 
$445,443.00
Revenue from providing goods or services: 
$231,556.00
Revenue from government including grants: 
$0.00
Revenue from investments: 
$1,010.00
All other revenue: 
$0.00
Total revenue: 
$678,009.00
Other income (for example, gains): 
$0.00
Total gross income: 
$678,009.00
Expenses
Employee expenses: 
$118,042.00
Grants and donations made for use in Australia: 
$0.00
Grants and donations made for use outside Australia: 
$338,010.00
All other expenses: 
$150,327.00
Total expenses: 
$606,379.00
Net surplus/(deficit): 
$71,630.00
Other comprehensive income: 
$0.00
Total comprehensive income: 
$71,630.00

Balance Sheet extract

Assets
Total current assets: 
$662,551.00
Total non-current assets: 
$0.00
Total assets: 
$662,551.00
Liabilities
Total current liabilities: 
$306,766.00
Total non-current liabilities: 
$0.00
Total liabilities: 
$306,766.00
Net assets/liabilities: 
$355,785.00