KU Financial Report
Directors’ Declaration
Statement of Profit and Loss and Other Comprehensive Income
The Directors declare that:
for the Financial Year Ended 31 December 2014
a) in the Directors’ opinion, there are reasonable grounds to believe that the Company will be able to pay its
debts as and when they become due and payable; and
b) in the Directors’ opinion, the attached financial statements and notes thereto are in accordance with the
Australian Charities and Not-for-profits Commission Act 2012 (Cth) and Charitable Fundraising Act 1991,
including compliance with accounting standards, and giving a true and fair view of the financial position and
performance of the Company.
Signed in accordance with a resolution of the Directors made pursuant to S.60.15 of the Australian Charities and Not-
for-profits Commission Regulations 2013.
Continuing operations
Revenue from fees
Revenue from non-capital government funding
Other revenue
Note
5b (i)
5b (ii)
5b (iii)
In the opinion of the Board of Directors: Employee costs
Operational expenses
Occupancy expenses
Depreciation & amortisation
Administrative expenses
Repairs & maintenance
Marketing expenses
Finance costs
Other expenses (i) the financial statements give a true and fair view of all income and expenditure of KU Children’s Services with
respect to fundraising appeals; (Deficit)/Surplus from ordinary operations 5b (v)
Other Income
Government capital grant funding
Gain on sale of investments
(Deficit)/Surplus for the year 5b (iv)
Stuart Washington
Chair, Board of Directors
Sydney, 16 March 2015
Stacey Brown
Chair, Audit & Risk Management Committee
Sydney, 16 March 2015