KU Annual Report KU Annual Report 2017 | Page 55

FINANCIALS 2017 2016 $ $ (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. Gross income received from sale of items Total expenditure incurred 134,940 173,377 60,642 87,798 (e) Forms of Fundraising Appeals Conducted in 2017 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 $190,788 (2016: $212,389) divided by Gross Income from Fundraising $391,097 (2016: $456,947) equals 49% (2016: 46%). Net Surplus from Fundraising $200,309 (2016: $244,558) divided by Gross Income from Fundraising $391,097 (2016: $456,947) equals 51% (2016: 54%). 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 31 KU 20 17