Annual Information Statement 2016

Legal Name
HSP Research Foundation Incorporated
ABN
46648875912

Section A: Charity Information

Charity size
Small
Basic Religious Charity
No

Section B: Activities

Did the charity operate in the 2016 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 funding 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).
Will the charity change or introduce any activities in the 2017 period?
No
Where the charity conducted activities during the 2016 reporting period
  • Australian Capital Territory
  • New South Wales
  • Queensland
  • South Australia
  • Victoria
  • Western Australia
Who was helped most by the charity's activities in the reporting period
People with disabilities
Did the charity provide funded support and/or services to participants of the National Disability Insurance Scheme in the 2016 reporting period?
N
Does the charity intend to provide funded support and/or services to participants of the National Disability Insurance Scheme in the next reporting period?
N

Section C: Human Resources

Human resources
Estimated number of volunteers: 3

Section D: Finance

Accounting method used in the 2016 reporting period
Cash
Charity's 2016 reporting period
1 July 2015 to 30 June 2016
Financial report submitted to a state/territory regulator?
Yes
2016 Financial report
Note: If you want to see the financial report or annual report that this charity has submitted, go back to Financials & Documents.
State or territory of the regulator where financial report was submitted
Queensland

Income and Expenses

Income Statement summary

Revenue/receipts
Donations and bequests
$109,378.00
Government grants
$0.00
All other revenue
$5,203.00
Total revenue
$114,581.00
Other income (for example, gains)
$0.00
Total gross income
$114,581.00
Expenses
Employee expenses/payments
$0.00
Grants and donations made for use in Australia
$140,000.00
Grants and donations made for use outside Australia
$0.00
Other expenses/payments
$1,586.00
Total expenses/payments
$141,586.00
Net surplus/(deficit)
$-27,005.00

Balance Sheet Extract

Total assets
$140,917.00
Total liabilities
$0.00
Net assets/liabilites
$140,917.00