( d) Details of Gross Income and Aggregate Expenditure of Appeals Conducted Jointly with Traders For the purpose of this note all fundraising involving the Sale of Items( e. g. chocolates, sun hats, sunscreen, etc) is deemed to have involved a trader.
2011 $
2010 $
Gross income received from sale of items 318,626 292,888
Total expenditure incurred 159,696 171,279
( e) Forms of Fundraising Appeals Conducted in 2011 For the purposes of reporting under the requirements of the Charitable Fundraising Act 1991, KU Children’ s Services classifies all fundraising activities under four categories; raffles, functions, sale of items and interest.
( f) Key Indicators for 2011 Fundraising Activities Total Cost of Fundraising($ 337,994) divided by Gross Income from Fundraising($ 666,624) equals 50.70 %.
Net Surplus from Fundraising($ 328,630) divided by Gross Income from Fundraising($ 666,624) equals 49.30 %.
22. Additional Company Information KU Children’ s Services is a public company limited by guarantee, incorporated and operating in Australia. Principal Registered Office and Principal Place of Business
129 York Street Sydney NSW 2000
23. Government Grant Funding During the course of the calendar year specific Government Funding that required acquittal reporting included the following Programmes:
Capital Grants – NSW Department of Education and Communities $ 107,921 Supplementary Assistance – Department of Education, Employment and Workplace Relations $ 102,205 Wagga Intensive Support – NSW Department of Education and Communities $ 16,149 Macarthur Starting Points – NSW Department of Education and Communities $ 111,216 Penrith Starting Points – NSW Department of Education and Communities $ 8,964 Early Learning Inclusion Program – NSW Department of Education and Communities $ 398,770
Marcia Burgess Autism and Specific Early Learning & Care Centre – NSW Department of Education and Communities $ 45,524
Northern Sydney SCAN – NSW Department of Family & Community Services, Community Services $ 1,244,638
24. Segment Information Management has determined the operating segments based on the reports reviewed by the Board of Directors that are used to make Strategic Decisions. The Board considers the business as one group of centres and has therefore identified one operating segment, being management of childcare centres in Australia. The following information is in respect of that segment. All revenue in this report was derived from external customers and relates to the single operating segment. The total profit represents the segment profit and all balance sheet items relate to the single operating segment.
There have been no changes since the last Annual Report in the basis of segmentation or in the basis of segment profit or loss.
25. Events subsequent to reporting date There has not arisen in the interval between the end of the financial year and the date of this report, any item, transaction or event of a material and unusual nature likely, in the opinion of the Directors, to significantly affect the operations of the Company, the results of those operations, or the state of affairs of the Company in future financial years.
116th Annual Report 2011 39