Financial Statements




2 JULY
NEW ZEALAND GAZETTE
2337

General

Westland Bank Community Trust

Balance Sheet as at 31 March 1992

Current Assets— 1992 $ 1991 $
Westland Bank Limited 148,011.48 240,076
Accrued Interest 60,893.47 46,995
208,904.95 287,071

| Investments— | | |
| Westland Bank Limited | 1,300,000.00 | 1,550,000 |
| Post Bank Limited | 400,000.00 | 400,000 |
| National Bank Limited | 800,000.00 | 400,000 |
| Westpac Banking Corporation | - | 400,000 |
| Rural Bank Limited | 912,776.02 | 406,865 |
| Bank of New Zealand | - | - |
| | 3,412,776.02 | 3,156,865 |

| Fixed Assets— | | |
| Typewriter | 1,211.00 | 1,615 |
| Total assets | 3,622,891.97 | 3,445,551 |
| Less liabilities— | | |
| Sundry creditors | 416.55 | 172 |
| Total assets less liabilities | 3,622,475.42 | 3,445,379 |

| Represented by: | | |
| Accumulated Funds— | | |
| Opening balance | 3,445,342.97 | 3,105,732 |
| Add retained surplus | 177,096.45 | 339,611 |
| Prior year adjustment | 36.00 | - |
| | 177,132.45 | 339,611 |
| Total accumulated funds | 3,622,475.42 | 3,445,343 |

J. KEENAN, Trustee.

S. DAWSON, Trustee.

(These financial statements are to be read in conjunction with the attached notes.)

Westland Bank Community Trust

Income and Expenditure for the Year Ended 31 March 1992

Income— 1992 $ 1991 $
Interest received—
Westland Bank Limited 152,849.45 382,486
Westpac Banking Corporation 35,487.13 41,580
National Bank Limited 47,358.89 6,312
Bank of New Zealand 19,577.21 36,626
Post Bank Limited 43,476.98 7,161
Rural Bank 62,151.57 6,865
Add resident withholding tax adjustment 1989/90 - 42
360,901.23 481,072

| Less expenses— | | |
| Advertising | 1,900.15 | 961 |
| Audit fees | 2,306.25 | 1,488 |
| Bank charges | 119.50 | — |
| Catering | 324.00 | 175 |
| Accident compensation levies | 204.82 | 330 |
| Hall hire | 178.75 | 35 |
| Photocopying | 920.80 | 875 |
| Publishing – Gazette | 754.00 | 248 |
| Postages | 469.00 | 391 |



Next Page →

PDF embedding disabled (Crown copyright)

View this page online at:


VUW Te Waharoa PDF NZ Gazette 1992, No 102


NZLII PDF NZ Gazette 1992, No 102





✨ LLM interpretation of page content

💰 Westland Bank Community Trust Balance Sheet as at 31 March 1992

💰 Finance & Revenue
Balance Sheet, Financial Statements, Westland Bank Community Trust, Assets, Liabilities
  • J. Keenan, Trustee
  • S. Dawson, Trustee

💰 Westland Bank Community Trust Income and Expenditure for the Year Ended 31 March 1992

💰 Finance & Revenue
Income and Expenditure, Financial Statements, Westland Bank Community Trust, Revenue, Expenses