New Zealand Gazette – 1990 – No. 119

Page 2463

✨ Financial Statements and Donations

NEW ZEALAND GAZETTE

12 JULY

Notes 1990 $ 1989 $
TSB Bank Limited deposit account 73,999 38,711
Accrued interest 2,038 -
76,128 38,711

Less current liabilities—
Accrued charges 7,944 9,346
Working capital surplus 68,184 29,365
Investments—
Investments—
Shares in TSB Bank Limited 1 10,000,000 10,000,000
TSB Bank Limited investment account 50,000 -
10,050,000 10,000,000
$10,118,184 $10,029,365

Statement of Accounting Policies for the Year Ended 31 March 1990

General Policies

The measurement base is that of historical cost. Reliance is placed on the fact that the Trust is a going concern.

Accrual accounting is used to match expenses and revenues.

Particular Accounting Policies

Investments—The TSB Bank Limited shares are stated at par value when gifted:

20,000,000 fully paid shares at 50 cents $10,000,000

The net asset backing at 31 March 1990 was $1.31 per share.

Changes in Accounting Policies

There have been no changes in accounting policies. All policies have been applied on bases consistent with those used in the previous years.

First Round Donations

Aged

Bell Block Senior Citizens Friendship Club 150
Chalmers Home 500
Fitzroy Senior Citizens 150
Tainui Home 1,000*
Waitara Age Concern 125
Waitara Old Folks Assn 125

Community

Bell Block Care & Craft 125
Bell Block Community Church (Apostolic) Ladies Group 75
Bell Block Cooperating Parish 250*
Brooklands Care & Craft Centre 125
Catholic Women’s League 100
Central Taranaki Rose Society 75
Citizens Advice Bureau—Hawera 350
Citizens Advice Bureau—Opunake 300
Council of Taranaki Camera Clubs 50
Croyden Road Domain 125
Disabled Citizens Soc (Tar) Inc 100
Egmont A & P Assn Inc 250
Egmont ITC 50
Eltham District Historical Society 50
Eltham Floral Art Club 75
Eltham Horticultural Society 75
Eltham Savage Club 100
Eltham Toy Library 100
Family Aid Society Inc 250
Fitzroy Catholic Women’s League 100
Fraser Rd Branch, Women’s Division Federated Farmers 50
Friendship Force of Sth Taranaki 50
Hall Committee—Bell Block Scout & Guide 125
Hall Committee—Brixton Memorial 125
Hall Committee—Fitzroy 125
Hall Committee—Fraser Road 125
Hall Committee—Hempton 125

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VUW Te Waharoa — NZ Gazette 1990, No 119

NZLII — NZ Gazette 1990, No 119

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

💰 TSB Community Trust Financial Statements (continued from previous page)

Domain💰 Finance & Revenue
Dated11 May 1990
KeywordsFinancial statements, Income and expenditure, Balance sheet, TSB Community Trust

💰 Statement of Accounting Policies for the Year Ended 31 March 1990

Domain💰 Finance & Revenue
KeywordsAccounting policies, Historical cost, Going concern, Accrual accounting

💰 First Round Donations

Domain💰 Finance & Revenue
KeywordsDonations, Community grants, TSB Community Trust

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