17 AUGUST

NEW ZEALAND GAZETTE

2305

Add (deduct) movements in trust funds:

Donations paid from prior years’ trust fund .................................................................. (2,530,871)
Net cash flow from operating activities ........................................................................ (5,320,109) ........................ (5,592,997)

Audit Report

To the readers of the financial report of Trust Bank Wellington Community Trust and its subsidiary companies (trading as The Community Trust of Wellington (the Group).

We have audited the financial report. The financial report provides information about the past financial performance and its financial position of the Group as at 31 March 2000. This information is stated in accordance with the accounting policies.

Board of Trustees’ Responsibilities

The board of trustees is responsible for the preparation of a financial report which gives a true and fair view of the financial position of the Group as at 31 March 2000 and of the results of operations and cash flows for the year ended 31 March 2000.

Auditors’ Responsibilities

It is our responsibility to express an independent opinion on the financial report presented by the board of 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 judgements made by the board of trustees in the preparation of the financial report, and
• whether the accounting policies are appropriate to the Group’s 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 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 financial report. Other than in our capacity as auditors we have no relationship with or interests in the Group.

Unqualified Opinion

We have obtained all the information and explanations we have required.

In our opinion:

• proper records have been kept by the Group as far as appears from our examination of those records; and
• the financial report:
  • complies with generally accepted accounting practice;
  • gives a true and fair view of the financial position of the Group as at 31 March 2000 and the results of its operations and cash flows for the year ended on 31 March 2000.

Our audit was completed on 6 June 2000 and our unqualified opinion is expressed as at that date.

SPICER & OPPENHEIM, Chartered Accountants, Wellington.

A copy of the complete Annual Report, which includes a list of the successful recipients for the 1999/2000 year, is available on request at the office of The Community Trust of Wellington, Level One, 28 Grey Street, Wellington, or by phoning 499 7966.

Index

A

Animal Remedies Act—
Licences issued and revoked: 2256
Animal Welfare Act—
Approvals and revocations of codes of ethical conduct: 2261, 2262
Australia New Zealand Food Authority Act—
Food standards: 2291
Variations to the food standards code: Amendment No. 50: 2292

B

Bankruptcy Notices—
Notices: 2234, 2235

Cn
Charitable Trusts Act—
Dissolution of charitable trusts: 2255

Chiropractors Act—
Notice of prescribed fees
Chiropractic Board: 2262
Citizens Initiated Referenda Act—
Notice of determination of the precise questions at indicative referendum: 2255
Civil Aviation Act—
Airworthiness directives: 2271
Community Trusts Act
Animal accounts
Trust Bank Wellington Community Trust: 2299
West Coast Community Trust: 2294
Companies Act—
Application for orders
Gapbuster Systems Ltd.: 2245
Cessation of business in New Zealand
Sandhurst Trustees Ltd.: 2244
Company removals list notices revoked: Corrigendum