Annual Information Statement 2018

Legal Name: 
Youth Futures Ltd
ABN: 
11124211565

About the charity

Charity size: 
Large
Is the charity an incorporated association?
Yes
Select the state/territory and enter the incorporated association number: 
WA incorporated association number: A1000207X
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: 
WA fundraising number: CC21154
Basic Religious Charity: 
No

Activities and Beneficiaries

Did the charity operate in the 2018 reporting period?
Yes
Main activity: 
Housing activities
Main activities: 
  • Other education
  • Emergency and relief
  • Employment and training
Description of charity's activities and outcomes: 
Youth Futures fundraising and donations are used for our work with disadvantaged young people
which includes provision of food, toiletries, clothing, accommodation both crisis and transitional,
provision of household essentials and direct support services. Youth Futures also provides an
appropriate education course for disadvantage youth who are not able to attend main stream
schooling. Fund raising includes direct mail,online requests, media requests, donation tin
collections and small events
Where the charity conducted activities during the 2018 reporting period: 
Western Australia
Will the charity change or introduce any activities in the 2019 period?
No
Main beneficiary: 
Youth - 15 to under 25

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: 19
  • Part time employees: 12
  • Casual employees: 6
  • Full-time equivalent staff (FTE): 28
  • Estimated number of volunteers: 20

Financial Reporting

Charity's 2018 reporting period: 
1 July 2017 to 30 June 2018
Type of financial statement: 
Special purpose financial statements
Financial report consolidated with more than one entity?
No
Did your charity have any related party transactions?
No
Does your charity have documented policies or processes about related party transactions?
No
Financial report submitted to a state/territory regulator?
No

Income and Expenses

Comprehensive Income Statement summary

Gross Income
Donations and bequests: 
$220,646.00
Revenue from providing goods or services: 
$0.00
Revenue from government including grants: 
$1,481,566.00
Revenue from investments: 
$26,445.00
All other revenue: 
$1,698,077.00
Total revenue: 
$3,426,734.00
Other income (for example, gains): 
$0.00
Total gross income: 
$3,426,734.00
Expenses
Employee expenses: 
$2,103,486.00
Interest expenses: 
$0.00
Grants and donations made for use in Australia: 
$655,000.00
Grants and donations made for use outside Australia: 
$0.00
All other expenses: 
$458,761.00
Total expenses: 
$3,217,247.00
Net surplus/(deficit): 
$209,487.00
Other comprehensive income: 
$0.00
Total comprehensive income: 
$209,487.00

Balance Sheet extract

Assets
Total current assets: 
$1,241,895.00
Non-current loans receivable: 
$0.00
Other non-current assets: 
$164,004.00
Total non-current assets: 
$164,004.00
Total assets: 
$1,405,899.00
Liabilities
Total current liabilities: 
$339,593.00
Non-current loans payable: 
$0.00
Other non-current liabilities: 
$51,056.00
Total non-current liabilities: 
$51,056.00
Total liabilities: 
$390,649.00
Net assets/liabilities: 
$1,015,250.00