New Zealand Gazette – 2001 – No. 119

Page 3131

✨ Financial Statements



6 SEPTEMBER NEW ZEALAND GAZETTE 3131

West Coast Community Trust / West Coast Community Trust Charitable Company Limited

Community Trusts Act 1999

West Coast Community Trust

Balance Sheet as at 31 March 2001

2001 $ 2000 $
Current assets:
ASB Bank Limited 3,097 1,145
ASB Bank call account 71 74,751
Accrued interest 2,582 10,001
Sundry debtors – 57
5,750 85,954

| Investments: | | | | |
| ASB Bank Limited | 30,000 | | 120,000 | |
| AMP Asset Management | 3,839,436 | | 4,500,000 | |
| AMP Tracker fund | 218,814 | | – | |
| AMP WINZ fund | 568,470 | | – | |
| TCNZ Finance Limited | 50,000 | | 50,000 | |
| WCCT Charitable Company Limited | 100 | | 100 | |
| | 4,706,820 | | 4,670,100 |

| Fixed assets: | | | | |
| Office equipment | 157 | | 227 | |
| Total assets | 4,712,727 | | 4,756,281 |

| Less liabilities: | | | | |
| Sundry creditors | 4,351 | | 561 | |
| WCCT Charitable Company Limited | 91,023 | | 64,510 | |
| Net taxation payable | 4,317 | | – | |
| | 99,691 | | 65,071 |
| Total assets less liabilities | 4,613,036 | | 4,691,210 |

| Represented by— | | | | |
| Accumulated funds: | | | | |
| Opening balance | 4,691,210 | | 4,698,466 |
| Add retained surplus/(deficit) for year | (78,174) | | (7,256) |
| Total accumulated funds | 4,613,036 | | 4,691,210 |

West Coast Community Trust Income and Expenditure Account for the Year Ended 31 March 2001

2001 $ 2000 $
Income—
Interest received:
ASB Bank Limited 6,224 121,031
National Bank Limited – 41,123
WestpacTrust – 19,261
TCNZ Finance Limited 4,850 4,850
Wrightson Finance Limited – 1,042

| AMP asset management:| | | | |
| Realised income | 205,073 | | – | |
| Realised gains | 6,833 | | – | |
| Unrealised income | 34,776 | | – | |
| Unrealised gains | 3,827 | | – | |
| Tracker fund distributions | 11,030 | | – | |
| WINZ fund distributions | 3,093 | | – | |
| Total gross income | 275,706 | | 187,307 | |



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2001, No 119


Gazette.govt.nz — PDF NZ Gazette 2001, No 119




✨ LLM interpretation of page content

🏢 Audit Report of the Community Trust of Southland (continued from previous page)

🏢 State Enterprises & Insurance
30 July 2001
Audit Report, Financial Statements, Community Trust, Southland

🏢 West Coast Community Trust Balance Sheet as at 31 March 2001

🏢 State Enterprises & Insurance
Balance Sheet, Financial Statements, West Coast Community Trust

🏢 West Coast Community Trust Income and Expenditure Account for the Year Ended 31 March 2001

🏢 State Enterprises & Insurance
Income and Expenditure, Financial Statements, West Coast Community Trust