New Zealand Gazette – 1992 – No. 127

Page 2793

✨ Financial Statements and Trust Reports

13 AUGUST

NEW ZEALAND GAZETTE

2793

(a) Dividend Income: Dividend income from Trust Bank New Zealand Limited is included in the income and expenditure account when it is received.

(b) Donations: Donations made are included in the income and expenditure account when paid.

2. Shares in Trust Bank New Zealand Limited

2,700,000 ordinary shares in Trust Bank New Zealand Limited ... $4,689,000

3. Undistributed Income

	1992 $	1991 $
Balance brought forward	165,314	38,711
Plus current year's profits	177,491	126,603
	$342,805	$165,314

4. Long Term Advances

	1992 $	1991 $
Mid-Canterbury Basketball Association—debenture	20,000	-
St Vianney’s Home of Compassion	50,000	-
Timaru Boy’s High School—library	-	5,600
Timaru High schools—hostel	6,000	8,000
	$76,000	$13,600

5. Taxation

For taxation purposes the trust is a charitable organisation. Its income is not subject to taxation.

6. 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 South Canterbury Community Trust Inc.

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 1992 and the results of its activities for the period ended on that date.

MARTIN WAKEFIELD & CO., Chartered Accountants.
Timaru, New Zealand.

The Hon. Minister of Finance has directed that the Trust Bank South Canterbury Community Trust Inc. need not publish the full list of its donations but a copy of the list of donations is available to anyone upon request to: The Chairperson, Trust Bank Canterbury Community Trust Inc., P.O. Box 591, Timaru.
gn7465

Trust Bank Wellington Community Trust

Trustee Banks Restructuring Act 1988

Trust Bank Wellington Community Trust

Annual Report for the Year Ended 31 March 1992

Trust Particulars

The Trust Bank Wellington Community Trust was incorporated as a charitable trust in accordance with the provisions of the Trustee Banks Restructuring Act, 1988. The purpose of the community trust is to provide charitable, cultural, philanthropic and recreational benefits to the community.

Trustees:

Right Hon. F. D. O’Flynn (Chairperson), M. F. Dunphy, Dr M. B. Jameson, G. Littlefair, K. H. Eddy, Hon. L. W. Gandar, E. Tennent, M.P., R. Chin, N. Ryder-Lewis, T. J. McGuinness, G. L. Reeves, M.P.

Bankers:

Trust Bank Wellington Limited.

Solicitors:

Morrison Morpeth.

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VUW Te Waharoa — NZ Gazette 1992, No 127

NZLII — NZ Gazette 1992, No 127

The General Assembly Library (on the right) was completed in 1899 and survived the 1907 fire. Now the oldest remaining original Parliament building, still used as the Parliamentary Library.

✨ LLM interpretation of page content

🏢 Notes to the Financial Statements for the Period Ended 31 March 1992 (continued from previous page)

Domain🏢 State Enterprises & Insurance
KeywordsAccounting Policies, Financial Statements, Trust Bank, Dividend Income, Donations, Investments, Undistributed Income, Long Term Advances, Taxation, Goods and Services Tax

🏢 Auditors’ Report to the Trustees of the Trust Bank South Canterbury Community Trust Inc.

Domain🏢 State Enterprises & Insurance
KeywordsAudit, Financial Statements, Trust Bank, Chartered Accountants
👩‍💼 Officials

MARTIN WAKEFIELD & CO., Chartered Accountants

🏢 Trust Bank Wellington Community Trust Annual Report for the Year Ended 31 March 1992

Domain🏢 State Enterprises & Insurance
KeywordsAnnual Report, Trust Bank, Community Trust, Trustees, Bankers, Solicitors
👱🏽 Names

11 names identified

F. D. O’Flynn (Right Honourable), Chairperson of the Trust
M. F. Dunphy, Trustee
M. B. Jameson (Doctor), Trustee
G. Littlefair, Trustee
K. H. Eddy, Trustee
L. W. Gandar (Honourable), Trustee
E. Tennent (Member of Parliament), Trustee
R. Chin, Trustee
N. Ryder-Lewis, Trustee
T. J. McGuinness, Trustee
G. L. Reeves (Member of Parliament), Trustee

👩‍💼 Officials

Right Hon. F. D. O’Flynn (Chairperson)
Morrison Morpeth (Solicitors)

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