New Zealand Gazette – 2000 – No. 107

Page 2683

✨ Financial Reports and Telecom Disclosure



24 AUGUST NEW ZEALAND GAZETTE 2683

  1. 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.

  1. Related party transactions

Bay of Plenty Community Trust Charities Limited (the Company) is wholly owned by Bay of Plenty Community Trust Incorporated (the Trust). During the year the Trust made a beneficiaries income distribution to the Company of $1.27m.

No related party debts have been written off or forgiven during the year.

  1. Segment information

The Trust’s only activity is to receive income to allocate for charitable, cultural, philanthropic, recreational and other purposes beneficial to the community principally in the Bay of Plenty area.

  1. Contingent liabilities

The following future donations are subject to the trustees being entirely satisfied with the way the previous donations have been spent and the outcomes they have generated.

Donation recipient Year Ending
31-Mar-01 31-Mar-02 31-Mar-03
Sport Bay of Plenty 700 600 500
Presbyterian Support 200 50 0
Halberg Trust 23 0 0
Total contingent liabilities ($000) $923 $650 $500
  1. Commitments

Capital commitments:
There are no capital commitments.

Lease commitments:
Lease commitments under non-cancellable operating leases:
Less than one year ($000) $7

  1. Community loans

Community loans:
The community loans have been advanced as follows:

Original Advance Balance Balance
Amount Date 31-Mar-00
Selwyn Ridge Primary School $15 August-99 $11
Argos Gymnastics Club Inc $10 July-99 $8
Total ($000) $25 $19

The loans are advanced interest free over two years with eight quarterly repayments.

  1. Regional facilities reserve

This is a new reserve established during the current year to assist with major regional projects.

(A full list of all distributions of income by way of donations for the year ended 31 March 2000 is available from the Trust’s Office on request.)

Telecom

Telecommunications (Information Disclosure) Regulations 1999

The Telecommunications (Information Disclosure) Regulations 1999

From now on, the information Telecom is required to disclose from time to time under the Telecommunications (Information Disclosure) Regulations 1999 will be available as follows:

  1. On request at Telecom’s head office:
    Telecom Networks House
    68 Jervois Quay
    P.O. Box 570
    Wellington

  2. Via the internet at:
    http://www.telecom.co.nz/about_telecom/who_we_are/telecomdisclosures.html



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2000, No 107


Gazette.govt.nz — PDF NZ Gazette 2000, No 107




✨ LLM interpretation of page content

💰 Bay of Plenty Community Trust Incorporated Annual Report (continued from previous page)

💰 Finance & Revenue
23 June 2000
Community Trust, Annual Report, Financial Performance, Donations, Reserves, Cash Flows, Accounting Policies

🚂 Telecommunications (Information Disclosure) Regulations 1999

🚂 Transport & Communications
Telecom, Disclosure, Regulations, Internet, Head Office