KU Financial Report KU Financial Report 2021 | Page 32

KU2021
23 . Information & Declarations to be Furnished Under the Charitable Fundraising Act 1991 ( continued )
( 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 .
2021 2020
$ $ Gross income received from sale of items 58,812 66,163 Total expenditure incurred 24,875 32,027
( e ) Forms of Fundraising Appeals Conducted in 2021
For the purposes of reporting under the requirements of the Charitable Fundraising Act 1991 , KU Children ’ s Services classifies all fundraising activities under five categories ; raffles , functions , sale of items , donations and interest .
( f ) Key Indicators for Fundraising Activities
Total Cost of Fundraising $ 78,431 ( 2020 : $ 78,982 ) divided by Gross Income from Fundraising $ 153,778 ( 2020 : $ 151,774 ) equals 51 % ( 2020 : 52 %).
Net Surplus from Fundraising $ 75,347 ( 2020 : $ 72,792 ) divided by Gross Income from Fundraising $ 153,778 ( 2020 : $ 151,774 ) equals 49 % ( 2020 : 48 %).
24 . 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
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