KU Annual Report KU Annual Report 2018 | Page 57

FINANCIALS 2018 2018 2017 $ $ (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 95,831 134,940 Total expenditure incurred 42,848 60,642 (e) Forms of Fundraising Appeals Conducted in 2018 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 $158,108 (2017: $190,788) divided by Gross Income from Fundraising $318,287 (2017: $391,097) equals 50% (2017: 49%). Net Surplus from Fundraising $160,179 (2017: $200,309) divided by Gross Income from Fundraising $318,287 (2017: $391,097) equals 50% (2017: 51%). 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 18