✨ Community Trust Financial Statements
1852
NEW ZEALAND GAZETTE
No. 77
The Community Trust of Otago Consolidated Statement of Movement in Trust Funds for the Year Ended 31 March 2001
| Note | 2001 $000 | 2000 $000 |
|---|---|---|
| Opening trust funds | 182,715 | 183,922 |
| Donations paid from capital | 4 (930) | (415) |
| 181,785 | 183,507 | |
| Trustee (deficit)/surplus | (1,441) | (792) |
| Closing trust funds | 180,344 | 182,715 |
The Community Trust of Otago Consolidated Statement of Financial Position as at 31 March 2001
| Note | 2001 $000 | 2000 $000 |
|---|
Source of funds—
| Trust funds | 3 | 180,344 | 182,715 |
| Current liabilities: | | |
| Accounts payable | 149 | 112 |
| Taxation payable | – | 88 |
| | | 180,493 | 182,915 |
Employment of funds—
| Current assets: | | |
| Current account – WestpacTrust | 130 | 396 |
| Short term bank deposits | 302 | 144 |
| Accounts receivable | 9 | – |
| Stock on hand | 8 | – |
| Accrued interest | 35 | – |
| | 484 | 540 |
| Non current assets: | | |
| Managed funds | 5 | 178,402 | 180,731 |
| Fixed assets | 6 | 1,357 | 1,394 |
| Advance to Dunedin Community House Trust | 11 | 250 | 250 |
| | | 180,009 | 182,375 |
| | | 180,493 | 182,915 |
Approved on behalf of the board:
CLIVE MATTHEWSON,
Chairperson.
RICHARD McKNIGHT,
Trustee.
14 June 2001.
The Community Trust of Otago Consolidated Statement of Cashflows for the Year Ended 31 March 2001
| 2001 $000 | 2000 $000 |
|---|
Cashflows from operating activities—
Cash was provided from:
| Managed funds | 5,472 | 11,456 |
| Interest received on investments | 24 | 73 |
| Net managed funds withdrawn | 1,399 | 370 |
| Other | 121 | 88 |
| Capital withdrawn | 930 | – |
| | 7,946 | 11,987 |
Cash was disbursed on:
| Payment to suppliers and staff | 929 | 884 |
| Fund management | 837 | 815 |
| Donations paid from income | 5,315 | 10,943 |
| Donations paid from capital | 930 | – |
| | 8,011 | 12,642 |
Net cash inflow/(outflow) from operating activities | (65) | (655) |
Cashflows from investing activities—
Cash was disbursed on:
| Purchase of fixed assets | 43 | 6 |
| Advance to Dunedin Community House Trust | – | 250 |
| | 43 | 256 |
Net cash (outflow) from investing activities | (43) | (256) |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2001, No 77
Gazette.govt.nz —
NZ Gazette 2001, No 77
✨ LLM interpretation of page content
💰
Community Trust of Otago Annual Report
(continued from previous page)
💰 Finance & Revenue14 June 2001
Community Trust, Annual Report, Financial Results, Donations, Investment
- Clive Matthewson, Chairperson of the board
- Richard McKnight, Trustee of the board
- Clive Matthewson, Chairperson
- Richard McKnight, Trustee