Annual Information Statement 2017

Legal Name
HSP Research Foundation Incorporated
ABN
46648875912

Section A: Charity Information

Charity size
Small
Fundraising online
No
Basic Religious Charity
No

Section B: Activities

Did the charity operate in the 2017 reporting period?
Yes
Main activity
Research
Description of charity's activities and outcomes
The Foundation facilitates and funds research to find a cure for Hereditary Spastic Paraplegia (HSP) and also to serve the interests and needs of those with HSP as the hub of the HSP community, creating awareness and providing support and education. Two promising drug candidates for treating HSP were the focus of a scientific paper published in May 2014 by the team at the Eskitis Institute for Drug Discovery that receives support from this Foundation. The research program has shifted from identifying potential drugs, through a testing & selection phase and now, on to a validation phase of work. A central purpose of validation studies is to establish a compelling case for approval for human clinical trials with the regulatory Therapeutic Goods Administration (TGA)
Main beneficiary
People with disabilities
Where the charity conducted activities during the 2017 reporting period
  • Australian Capital Territory
  • New South Wales
  • Northern Territory
  • Queensland
  • South Australia
  • Tasmania
  • 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: 4

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
$106,670.00
Revenue from providing goods or services
$0.00
Revenue from government including grants
$0.00
Revenue from investments
$2,898.00
Other revenue/receipts
$1,128.00
Total revenue/receipts
$110,696.00
Other income (for example, gains)
$0.00
Total income/receipts
$110,696.00
Expenses/Payments
Employee expenses/payments
$0.00
Grants and donations made for use in Australia
$56,000.00
Grants and donations made for use outside Australia
$0.00
Other expenses/payments
$2,917.00
Total expenses/payments
$58,917.00
Net surplus/(deficit)
$51,779.00

Balance Sheet Extract

Total assets
$192,696.00
Total liabilities
$0.00
Net assets/liabilites
$192,696.00

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