Community Trust Financial Statements




NEW ZEALAND GAZETTE

29 AUGUST

3399

West Coast Community Trust

Community Trusts Act 1999

West Coast Community Trust

Consolidated Statement of Financial Position as at 31 March 2002

2002 $ 2001 $
Current assets:
Bank – ASB cheque account 3,831
Bank – ASB call account 19,982 71
Accrued interest 2,260 2,582
22,142 6,484

| Investments: | | |
| ASB term deposits | – | 30,000 |
| AMP asset management | 3,714,342 | 3,839,436 |
| AMP tracker fund | 229,513 | 218,814 |
| AMP WINZ fund | 676,780 | 568,470 |
| TCNZ Finance Limited | 50,000 | 50,000 |
| | 4,670,635 | 4,706,720 |

| Fixed assets: | | |
| Office equipment | 381 | 157 |
| | 4,693,158 | 4,713,361 |

Represented by—

| | 2002 $ | 2001 $ |
| Current liabilities: | | |
| Bank – ASB cheque account | 1,000 | – |
| Accounts payable | 2,922 | 4,351 |
| Taxation payable | 2,473 | 4,317 |
| | 6,395 | 8,668 |

| Trustee funds: | | |
| Trustee funds | 4,686,763 | 4,704,693 |
| Total accumulated funds | 4,686,763 | 4,704,693 |
| | 4,693,158 | 4,713,361 |

J. BAMFIELD,
Acting Chairperson.

D. STRAKER,
Trustee.

Dated: 7 August 2002.

Consolidated Statement of Financial Performance for the Year Ended 31 March 2002

2002 $ 2001 $
Gross revenues:
Interest received:
5,674 11,074
AMP Managed Funds 143,529 142,708
Total revenue received 149,203 153,782

| Repairs and maintenance: | | |
| Repairs and maintenance | 347 | 203 |

| Administration/operating costs: | | |
| Accident Compensation levies | 282 | 64 |
| Accountancy/auditors’ fees | 6,389 | 3,931 |
| Advertising | 5,063 | 4,187 |
| Catering/hall hire | 891 | 120 |
| Conference expenses | 2,765 | 2,106 |
| General expenses | 1,260 | – |
| Licences and levies | 30 | 30 |
| Postage | 456 | 543 |
| Printing and stationery | 570 | 764 |
| Remuneration – trustees | 18,300| 20,670 |
| Review – trustees | 4,076 | – |
| Secretarial fee | 11,842| 13,921 |



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2002, No 126


Gazette.govt.nz PDF NZ Gazette 2002, No 126





✨ LLM interpretation of page content

💰 Consolidated Statement of Financial Position for West Coast Community Trust

💰 Finance & Revenue
7 August 2002
Financial Position, Assets, Liabilities, Trust Funds, West Coast
  • J. Bamfield, Acting Chairperson
  • D. Stracker, Trustee

💰 Consolidated Statement of Financial Performance for West Coast Community Trust

💰 Finance & Revenue
7 August 2002
Financial Performance, Revenue, Expenses, Trust Funds, West Coast
  • J. Bamfield, Acting Chairperson
  • D. Stracker, Trustee