Financial Statements




NEW ZEALAND GAZETTE

No. 84

The Community Trust of Otago Consolidated Statement of Financial Position as at 31 March 2000

2000 1999
$000 $000

Source of funds

Trust funds
(note 3) | 182,715 | 183,922 |

Current liabilities—
Creditors | 112 | 101 |
Taxation payable | 88 | — |
| 182,915 | 184,023 |

Employment of funds

Current assets—
Current account – WestpacTrust | 396 | 155 |
Short term bank deposits | 144 | 1,296 |
Debtors | — | 3 |
| 540 | 1,454 |

Non current assets—
Managed funds
(note 5) | 180,731 | 181,101 |
Fixed assets
(note 6) | 1,394 | 1,468 |
Advance to Dunedin Community House Trust
(note 11) | 250 |
| 182,375 | 182,569 |
| 182,915 | 184,023 |

Approved on behalf of the board:

Clive Matthewson
Chairperson

Richard McKnight
Trustee

8 June 2000

The Community Trust of Otago Consolidated Statement of Cashflows for the Year Ended 31 March 2000

2000 1999
$000 $000

Cashflows from operating activities

Cash was provided from:
Managed funds | 11,456 | 17,375 |
Interest received on investments | 73 | 220 |
Net managed funds withdrawn | 370 | — |
Other | 88 | 90 |
| 11,987 | 17,685 |

Cash was disbursed on:
Payment to suppliers and staff | 884 | 850 |
Fund management | 815 | 772 |
Donations to voluntary organisations | 10,943 | 6,983 |
Net managed funds reinvested | — | 9,602 |
| 12,642 | 18,207 |

Net cash inflow/(outflow) from operating activities | (655) | (522) |

Cashflows from investing activities—

Cash was disbursed on:
Purchase of fixed assets | 6 | 125 |
Advance to Dunedin Community House Trust | 250 | — |

Net cash from investing activities | (256) | (125) |

Net (decrease) in cash held | (911) | (647) |
Add opening cash brought forward | 1,451 | 2,098 |
Ending cash carried forward | 540 | 1,451 |

Ending cash comprises:
Cheque accounts | 396 | 155 |
Term Deposits | 144 | 1,296 |
| 540 | 1,451 |

The Community Trust of Otago Notes to the Consolidated Financial Statements for the Year Ended 31 March 2000

Basis of preparation

These are the consolidated financial statements of The Community Trust of Otago, Otago Community Trust Charities Limited, The Community Trust Amateur Sports Co Ltd, The Community Trust District Improvement Co Ltd and Fillmor House.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2000, No 84


Gazette.govt.nz PDF NZ Gazette 2000, No 84





✨ LLM interpretation of page content

💰 The Community Trust of Otago Consolidated Statement of Financial Position as at 31 March 2000 (continued from previous page)

💰 Finance & Revenue
8 June 2000
Financial Statements, Trust Funds, Donations, Surplus, Deficit
  • Clive Matthewson, Approved financial statement as Chairperson
  • Richard McKnight, Approved financial statement as Trustee

💰 The Community Trust of Otago Consolidated Statement of Cashflows for the Year Ended 31 March 2000 (continued from previous page)

💰 Finance & Revenue
Cashflows, Investments, Donations, Financial Management

💰 The Community Trust of Otago Notes to the Consolidated Financial Statements for the Year Ended 31 March 2000 (continued from previous page)

💰 Finance & Revenue
Financial Notes, Consolidation, Basis of Preparation