Community Trust Financial Reports




NEW ZEALAND GAZETTE

No. 124

Auditors' Report to the Trustees of the Trust Bank Waikato 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 1993 and the results of its activities and cash flows for the year ended on that date.

DELOITTE TOUCHE TOHMATSU, Chartered Accountants.

Hamilton, New Zealand.

Dated this 2nd day of July 1993.

*Note: "The Minister of Finance has directed that the Trust Bank Waikato Community Trust need not publish the full list of its grants in the New Zealand Gazette. A full list of grants is available upon request from the Secretary, Trust Bank Waikato Community Trust, P.O. Box 191, Hamilton."


Westland Bank Community Trust

Westland Bank Community Trust

Balance Sheet as at 31 March 1993

1993 $ 1992 $
Current assets—
Westland Bank Limited 2,770 148,011
Accrued interest 96,463 60,893
99,233 208,904
Investments—
Bank of New Zealand Limited 209,182
Westland Bank Limited 1,140,000 1,300,000
Postbank Limited 40,000 400,000
National Bank Limited 400,000 800,000
Rural Bank Limited 1,776,188 912,776
Telecom Corporation of NZ Limited 50,000
Lion Nathan Limited 50,000
3,665,370 3,412,776
Fixed assets—
Typewriter 807 1,211
Total assets 3,765,410 3,622,891
Less liabilities—
Sundry creditors 289 417
Total assets less liabilities $3,765,121 $3,622,474

Represented by:

| Accumulated funds— | |
| Opening balance | 3,622,474| 3,445,343|
| Add— | |
| Retained surplus for year | 142,647 | 177,095 |
| Prior year adjustment | — | 36 |
| Total accumulated funds | $3,765,121 | $3,622,474 |

J. KEENAN, Trustee.

M. SULLIVAN, Trustee.

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



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✨ LLM interpretation of page content

💰 Trust Bank Waikato Community Trust Financial Report (continued from previous page)

💰 Finance & Revenue
2 July 1993
Auditors' Report, Financial Statements, Trust Funds, Accounting Standards, Waikato
  • DELOITTE TOUCHE TOHMATSU, Chartered Accountants

💰 Westland Bank Community Trust Financial Report

💰 Finance & Revenue
Balance Sheet, Financial Statements, Trust Funds, Investments, Westland
  • J. KEENAN, Trustee
  • M. SULLIVAN, Trustee