✨ Trust Bank Financial Report
10 AUGUST
NEW ZEALAND GAZETTE
2137
| 1995 | 1994 | |
|---|---|---|
| $ | $ | |
| Sundry debtors | (1,291) | — |
| Net operating cash flows | $1,013,744 | $737,886 |
10. Segmental Reporting
The trust operates as a charitable trust distributing funds to the community in the Central North Island region.
11. Subsidiary Company
The shares in Eastern and Central Community Trust Charities Limited are held by the trustees. The results and financial position of the company are not consolidated with these financial statements.
Audit Report
To the readers of the financial report of Trust Bank Eastern and Central Community Trust.
We have audited the financial report. The financial report provides information about the past financial performance of the Trust Bank Eastern and Central Community Trust and its financial position as at 31 March 1995. This information is stated in accordance with the accounting policies set out.
Trustees Responsibilities
The trustees are responsible for the preparation of a financial report which fairly reflects the financial position of the Trust Bank Eastern and Central Community Trust as at 31 March 1995 and of the results of operations and cash flows for the year ended 31 March 1995.
Auditors' Responsibilities
It is our responsibility to express an independent opinion on the financial report presented by the trustees and report our opinion to you.
Basis of Opinion
An audit includes examining, on a test basis, evidence relevant to the amounts and disclosures in the financial report. It also includes assessing:
- the significant estimates and judgments made by the trustees in the preparation of the financial report, and
- whether the accounting policies are appropriate to the Trust Bank Eastern and Central Community Trust circumstances, consistently applied and adequately disclosed.
We conducted our audit in accordance with generally accepted auditing standards in New Zealand. We planned and performed our audit so as to obtain all the information and explanations which we considered necessary. We obtained sufficient evidence to give reasonable assurance that the financial report is free from material misstatements, whether caused by fraud or error. In forming our opinion we also evaluated the overall adequacy of the presentation of information in the consolidated financial report.
Other than in our capacity as auditors we have no relationship with or interests in the Trust Bank Eastern and Central Community Trust.
Unqualified Opinion
We have obtained all the information and explanations we have required.
In our opinion the financial report fairly reflects the financial position of the Trust Bank Eastern and Central Community Trust as at 31 March 1955 and the results of its operations and cash flows for the year ended on that date.
Our audit was completed on 14 July 1995 and our unqualified opinion is expressed as at that date.
DENT ROBERTSON & PARTNERS, Chartered Accountants.
Hastings, New Zealand.
Dated this 14th day of July 1995.
A full list of donations is available from the Trust Secretary, P.O. Box 1058, Hastings.
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VUW Te Waharoa —
NZ Gazette 1995, No 77
NZLII —
NZ Gazette 1995, No 77
✨ LLM interpretation of page content
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Trust Bank Eastern and Central Community Trust Inc. Financial Performance Statement
(continued from previous page)
💰 Finance & Revenue14 July 1995
Trust Bank, Financial Performance, Income, Expenditure, 1995
- DENT ROBERTSON & PARTNERS, Chartered Accountants