2796

NEW ZEALAND GAZETTE

No. 127

Particular Accounting Policies

The following are the particular accounting policies which have a material effect on the measurement of results and financial position:

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

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

(c) Investments: Shares held in Trust Bank New Zealand Limited are stated at cost.

2. Investments

Shares in Trust Bank New Zealand Limited 3 750 000 ordinary shares of $1 each, fully paid $4,968,158.

3. Taxation

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

4. 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 Wellington Community Trust

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 and cash flows for the year ended on that date.

DELOITTE ROSS TOHMATSU, Chartered Accountants.

Dated this 5th day of June 1992.

Schedule of Distributions of Income by Way of Grants for the Year Ended 31 March 1992

Name of Organisation or Persons

Action for Environment Inc., $2,000; Ahumairange Maori Komiti, $800; Aotearoa Community Workers, $1,500; Aratahi Rangers, $500; Arthritis Foundation of NZ (Wellington), $3,000; Athletic Softball Club Inc., $1,000; Avalon Scout Group, $500; Bach Choir of Wellington Inc., $1,000; Birthright (Hutt Valley) Inc., $2,500; Birthright (Wellington) Inc., $2,500; Brooklyn Community Association Inc., $1,000; Brooklyn Scout Group, $500; Camp Elsdon Inc., $2,500; Capital Discovery Place, $80,000; Casualty Simulation-Wellington, $2,000; Central Y.M.C.A., $2,500; City of Wellington Pipe Band Inc., $1,000; Community YMCA of Wainuiomata Inc., $1,000; Cystic Fibrosis Association of New Zealand (Wgtn), $1,000; Diabetes Youth Wellington Inc., $2,000; Disabled Persons Assembly Hutt Valley Region, $550; Dowse Art Museum, $1,000; Eastern Suburbs Citizens Advice Bureau, $1,000; Eastern Suburbs Stroke Club, $500; First Karori Scout Group, $500; Friends of Children in Hospital (Inc), $1,000; Girls Brigade 1st. Hutt Valley Company, $450; Girls Brigade Hutt Valley 2nd District, $400; Girls Brigade (NZ) Inc., Hutt Valley, $500; Hearing Association Wellington Branch, $2,000; Hutt Valley Badminton Association, $2,600; Hutt Valley Ex Prisoners of War Assn., $500; Hutt Valley Marriage Guidance Council Inc., $2,500; Johnsonville Citizens Advice Bureau, $1,000; Johnsonville Girl Guides, $500; Kapi Mana Advisory Committee Royal NZ Blind, $500; Kapiti Coast Marching Club, $500; Kapiti Friends of the Library Inc., $1,875; Kapiti Parents Centre Inc., $1,500; Kapiti Players (Theatre) Inc., $1,500; Karisma Marching Club, $500; Karori United Lawn Tennis Club, $1,000; Karori West Scout Group, $500; Katihiku Marae Komiti, $2,000; Kilbirnie Cricket Club (Junior Section), $500; Kilbirnie/Lyall Bay Community Centre, $1,500; Kiwi Amateur Athletic Club (Inc), $500; Laura Fergusson Trust for Disabled Persons, $2,000; Lower Hutt City Victim Support Network, $1,500; Lower Hutt Foodbank, $3,000; Lower Hutt Scottish Country Dance Club, $700; Lower Hutt Womens Bowling Club Inc., $2,000; Lower Hutt Womens Centre Inc., $1,100; Maidstone Model Engineering Society Inc., $500; Malaghan Institute of Medical Research, $3,000; Mana Junior Soccer Association, $500; Maranui Swimming Club (Inc), $500; Miramar Rangers Association Football Club, $500; Moera Plunket Society, $2,245; Motor Neurone Society of NZ (Inc) Wellington, $500; Muritai Yacht Club Inc., $1,000; Naenae Scout Group, $500; New Mother Support Groups Wellington, $1,000; New Zealand CCS Wellington Inc., $1,000; New Zealand Girl Guides Association Kapiti Division, $500; New Zealand Red Cross Society, $2,000; New Zealand Red Cross Society—Wainuiomata Br., $1,500; Newlands College Community Judo Club, $500; Newlands Paparangi Horse Riding Society Inc., $500; Newlands Scout Group, $500; Newlands Softball Club Inc., $1,000; Newtown Community and Cultural Centre Inc., $1,000; Ngaio Scout Group, $500; Ngati Toa Sea Scout Group, $500; Ngatiawa Presbyterian Camp, $1,000; North Mana District Girl Guides Assn, $500; North Wellington Junior Soccer Club, $500; North Porirua Schoolboys Section, $500; No. 2 (Petone) Squadron Air Training Corps, $500; NZ Burn Support Charitable Trust, $1,000; NZ India Society, $1,500; One Way Club, $1,200; Onslow Cricket Club Inc., $1,000; Onslow Division Girl Guides, $500; Order of St. John, Porirua Area, $1,500; Order of St. John, Upper Hutt Area, $1,500; Orongorongo Rover Scout Crew, $500; Otaki Childrens Health Camp, $3,000; Pacific Islands Resource Centre, $1,500; Paparangi Scout Group, $500; Paraparaumu District Girl Guides, $500; Peacast Appeal, $4,000; Petone Community House, $1,500; Petone Cricket Club (Inc), $1,000; Petone Residence for the Elderly Trust Inc., $2,000; Petone Senior Citizens Association, $1,274; Pinehaven Potters Club, $1,000; Plimmerton Croquet Club, $500; Porirua City Associated Football and Sports Club, $1,000; Porirua City Rugby League Club, $500; Porirua Community Health Project Inc., $1,500; Porirua Little Theatre Inc., $1,000; Porirua Sexual Abuse Healing Centre, $1,000; Saints Womens Softball Club, $500; Samaritans of Wellington Inc., $1,000; Schizophrenia Fellowship (NZ) Wellington Branch Inc., $1,000; Second Lower Hutt Scout Group, $500; Sprott House Trust, $1,000; Stokes Valley Emergency Rescue Unit, $1,500; St. Augustines Scout Group, $500; St. Bernards Scout Group, $500; St. Leos Scout Group, $500; St. Philips Youth Club (Philippians), $500; Tawa AFC (Inc), $2,000; Tawa Art and Craft Society Inc., $500; Te Hau Ora Tinana Incorporated, $1,000; Te Hou Ora, $500; Te Huinga O Te Whanau, $1,800; Te Ropu Awhina O Ahumairangi Inc., $1,000; The Boys Brigade Camp Wainui Trust, $2,000; The Kapiti Welcome Trust Inc., $1,000; The National Advocacy Trust, $1,000; The Titahi Bay Boating Club Inc., $1,000; The Wellington Classical Guitar Society Inc.,