Annual Information Statement 2017

Legal Name
The Bower Re-Use And Repair Centre Co-Operative
ABN
51412061029

Section A: Charity Information

Charity size
Medium
Fundraising online
No
Basic Religious Charity
No

Section B: Activities

Did the charity operate in the 2017 reporting period?
Yes
Main activity
Environmental activities
Main activities
  • Social services
  • Economic, social and community development
Description of charity's activities and outcomes
The Bowers main activities can be summarised as follow:Environment: to reduce the amount of waste entering landfill by reclaiming household items for repair, reuse and resale;Creativity: to encourage reuse via repair and upcycle workshops; andCommunity: to provide affordable goods to low-income earners and other disadvantaged groups and to generate local employment.The objectives of The Bower as stated in our Rules are:(a) To protect and enhance the natural environment, particularly aspects of the environment affected by waste generation and landfill by:Avoiding and reducing the amount of 'hard waste' going to landfill.Raising awareness of the value of waste avoidance and reduction through resource recovery, reuse, repair and recycling.Generating employment opportunities and skills training in the community.Providing affordable goods sourced from the waste stream to low income earners and other disadvantaged groups in the community.Encouraging community awareness of environmentally responsible design and manufacture.Advocating for long-life design, repairable products and the use of sustainable, recyclable materials for appliances and furnishings.Providing benefits to the community via these objectives.Involving the community in the development and achievement of these objectives.(b) Establishment of the Public Fund:To establish and maintain a public fund to be called the Bower Fund for the specific purpose of supporting the environmental objects/purposes of The Bower Reuse and Repair Centre Co-operative Limited
Main beneficiary
General community in Australia
Other beneficiaries
  • Migrants, refugees or asylum seekers
  • Financially disadvantaged people
  • People at risk of homelessness/ people experiencing homelessness
Where the charity conducted activities during the 2017 reporting period
New South Wales
Will the charity change or introduce any activities in the 2018 period?
No

Section C: Human Resources

Human resources
  • Full time employees: 4
  • Part time employees: 10
  • Casual employees: 5
  • Full-time equivalent staff (FTE): 11
  • Estimated number of volunteers: 15

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
$5,237.00
Revenue from providing goods or services
$506,003.00
Revenue from government including grants
$132,561.00
Revenue from investments
$0.00
All other revenue
$141,445.00
Total revenue
$785,246.00
Other income (for example, gains)
$1,675.00
Total gross income
$786,921.00
Expenses
Employee expenses
$623,872.00
Grants and donations made for use in Australia
$0.00
Grants and donations made for use outside Australia
$0.00
All other expenses
$207,161.00
Total expenses
$831,033.00
Net surplus/(deficit)
$-44,112.00
Other comprehensive income
$0.00
Total comprehensive income
$-44,112.00

Balance Sheet extract

Assets
Total current assets
$345,535.00
Total non-current assets
$52,347.00
Total assets
$397,882.00
Liabilities
Total current liabilities
$283,157.00
Total non-current liabilities
$0.00
Total liabilities
$283,157.00
Net assets/liabilities
$114,725.00
Financial report submitted to a state/territory regulator?
No

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