✨ Financial Statements
NEW ZEALAND GAZETTE
No. 121
General
Trust Bank Wanganui Community Trust Inc.
Trust Bank Wanganui Community Trust Incorporated
Balance Sheet as at 31 March 1994
| 1993 $ | 1994 $ | |
|---|---|---|
| Current assets | ||
| Trust Bank Central cheque account ... | 9,647 | 5,363 |
| Trust Bank Central on call account ... | 61,202 | 136,190 |
| Trust Bank Central term deposit ... | 179,000 | 2,861,737 |
| Scholarship summit account ... | 3,717 | – |
| Accounts receivable ... | 250 | – |
| Interest accrued ... | 9,435 | 14,773 |
| Total current assets ... | 263,251 | 3,021,364 |
| Less current liabilities | | |
| Accounts payable ... | 7,038 | 10,258 |
| Grants not yet uplifted ... | 75,000 | 115,000 |
| Total current liabilities ... | 82,038 | 125,258 |
| Working capital ... | 181,213 | 2,896,106 |
| Long term investments | | |
| Community Trusts Inv. Limited ... | – | 25,727,566 |
| New Zealand Government stock ... | 211,951 | 207,196 |
| Fletcher Challenge capital notes ... | 50,000 | 50,000 |
| Local authority stock ... | 50,000 | 50,000 |
| Scholarship Fund—Trust Bank Central... | 10,000 | 10,000 |
| Trust Bank New Zealand ... | 4,202,000 | 4,514 |
| National Disaster Relief Fund ... | 3,667 | 3,561 |
| Total long term investments ... | 4,527,618 | 26,052,837 |
| Net assets ... | $4,708,831 | $28,948,943 |
| Representing— | | |
| Trust Funds: | | |
| Scholarship Fund ... | 10,000 | 10,000 |
| Community Trust Funds Reserves ... | 4,698,831 | 4,922,124 |
| Realised gains ... | – | 2,086,485 |
| Unrealised gains ... | – | 21,930,334 |
| Total Trust Funds ... | $4,708,831 | $28,948,943 |
(The notes to the financial statements are to be read in conjunction with this balance sheet and the accompanying accounts.)
Signed on behalf of the board:
J. TIMPANY, Chairperson.
D. CAIRNCROSS, Trustee.
Dated this 7th day of July 1994.
Trust Bank Wanganui Community Trust Incorporated
Income and Expenditure Account for the Year Ending 31 March 1994
| 1993 $ | 1994 $ | |
|---|---|---|
| Income— | ||
| Interest ... | 42,567 | 60,226 |
| Dividend Trust Bank New Zealand Limited ... | 295,124 | 454,135 |
| Brokerage remitted ... | 250 | – |
| Total income ... | 337,941 | 514,361 |
| Less expenses— | | |
| Administration expenses: | | |
| Accountancy and secretarial ... | 9,334 | 15,407 |
| Accident Compensation levies ... | 271 | 214 |
| Advertising ... | 661 | 614 |
| Auditors fees ... | 852 | 1,564 |
| General expenses ... | – | 370 |
Next Page →
PDF embedding disabled (Crown copyright)
View this page online at:
VUW Te Waharoa —
NZ Gazette 1994, No 121
NZLII —
NZ Gazette 1994, No 121
✨ LLM interpretation of page content
💰 Trust Bank Wanganui Community Trust Inc. Balance Sheet
💰 Finance & Revenue7 July 1994
Balance Sheet, Trust Bank Wanganui, Financial Statements, 1993-1994
- J. Timpany, Chairperson
- D. Cairncross, Trustee
💰 Trust Bank Wanganui Community Trust Inc. Income and Expenditure Account
💰 Finance & RevenueIncome and Expenditure, Trust Bank Wanganui, Financial Statements, 1993-1994