✨ Financial Statements and Distributions
30 AUGUST NEW ZEALAND GAZETTE 3191
...
Interim dividend for year ended 31 March 1990 ... $69,600
...
$356,700
3. Investments
Shares in Trust Bank New Zealand Limited (8 700 000) ordinary shares of $1 each, fully paid $11,810,000
4. Taxation
For taxation purposes the trust is deemed to be a charitable trust. Its income is not subject to taxation.
5. Goods and Services Tax
The trust is not registered for Goods and Services Tax purposes. Accordingly these financial statements are stated on a G.S.T. inclusive basis.
Auditors’ Report to the Trustees of the Trust Bank Eastern and Central Community Trust Incorporated
We have audited the financial statements in accordance with accepted auditing standards, and have carried out such procedures as we considered necessary.
In our opinion the financial statements give, using the historical cost method, a true and fair view of the financial position of the trust as at 31 March 1990 and the results of its activities and cashflows for the period ended on that date.
DENT ROBERTSON & PARTNERS, Chartered Accountants.
Hastings.
Dated this 30th day of May 1990.
Schedule of Distributions of Income by Way of Grants for the Period Ended 31 March 1990
| Region | Amount |
|---|---|
| General donations— | |
| Gisborne | 23,450 |
| Wairoa | 4,550 |
| Napier | 27,150 |
| Hastings | 36,650 |
| Central Hawke’s Bay | 7,150 |
| Dannevirke | 4,400 |
| Palmerston North | 22,850 |
| Feilding | 7,000 |
| Levin | 10,300 |
| Pahiatua | 4,200 |
| Masterton | 9,900 |
| Carterton | 4,500 |
| Total | $162,100 |
| Special donations— | |
| Hawke’s Bay | 10,000 |
| Palmerston North | 17,850 |
| Total | $27,850 |
| National disaster relief—| |
| Wangaui | 435 |
| Taranaki | 870 |
| Total | $1,305 |
An itemised list of all donations is available, free of charge from the Secretary at P.O. Box 348, Hastings.
gn9524
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VUW Te Waharoa —
NZ Gazette 1990, No 150
NZLII —
NZ Gazette 1990, No 150
✨ LLM interpretation of page content
💰
Notes to the Financial Statements for Trust Bank Eastern and Central Community Trust Inc.
(continued from previous page)
💰 Finance & RevenueAccounting policies, Dividend income, Grants, Investments, Historical cost basis
💰 Auditors’ Report to the Trustees of the Trust Bank Eastern and Central Community Trust Incorporated
💰 Finance & Revenue30 May 1990
Auditing, Financial statements, Charitable trust
- DENT ROBERTSON & PARTNERS, Chartered Accountants
💰 Schedule of Distributions of Income by Way of Grants for the Period Ended 31 March 1990
💰 Finance & RevenueGrants, Distributions, Community trust, Donations