✨ Financial Statements of Waikato Community Trust
NEW ZEALAND GAZETTE
No. 78
The Waikato Community Trust Incorporated
Community Trusts Act 1999
The Waikato Community Trust Incorporated
Consolidated Statement of Financial Performance for the Year Ended 31 March 2002
| Notes | 2002 $'000 | 2001 $'000 |
|---|---|---|
| Total operating revenue | 3,207 | 4,578 |
| Total operating expenses | (1,884) | (1,874) |
| Total operating surplus before distributions | 1,323 | 2,704 |
Less distributions:
| Donations paid from income | (8,621) | (12,770) |
| Sponsorships | (213) | (234) |
| Net surplus before taxation | (7,511) | (10,300) |
| Income tax | – | – |
| Net surplus retained as trustees income | (7,511) | (10,300) |
The surplus has been allocated to:
| | | |
| Capital | 6 | 5,458 | 7,251 |
| Investment fluctuation reserve | 7 | (14,446) | (10,164) |
| Donation reserve | 7 | 1,477 | (7,387) |
| | | (7,511) | (10,300) |
Consolidated Statement of Movements in Trust Funds for the Year Ended 31 March 2002
| Notes | 2002 $'000 | 2001 $'000 |
|---|---|---|
| Trust funds at the start of the year | 213,193 | 225,661 |
| Surplus and revaluations— | ||
| Net surplus for the period: | ||
| Capital | 6 | 5,458 |
| Investment fluctuation reserve | 7 | (14,446) |
| Donation reserve | 7 | 1,477 |
| Total recognised revenues and expenses for the period | (7,511) | |
| Other movements: | ||
| Donations paid from capital | 7 | (2,143) |
| Trust funds at the end of the year | 203,539 |
Consolidated Statement of Financial Position as at 31 March 2002
| Notes | 2002 $'000 | 2001 $'000 |
|---|---|---|
| Trust funds: | ||
| Capital | 6 | 198,642 |
| Investment fluctuation reserve | 7 | 4,897 |
| Donation reserve | 7 | – |
| Total trust funds | 203,539 |
| Current liabilities: | | |
| WestpacTrust cheque account | | – | 53 |
| Accounts payable | 8 | 252 | 261 |
| Donations payable | | 2,514 | 1,725 |
| Total trust funds and liabilities | | 206,305 | 215,232 |
| Current assets: | | |
| WestpacTrust cheque account | | 246 | – |
| Short term deposits | | 744 | 1,112 |
| | | 990 | 1,112 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2002, No 78
Gazette.govt.nz —
NZ Gazette 2002, No 78
✨ LLM interpretation of page content
💰 Consolidated Statement of Financial Performance for the Year Ended 31 March 2002
💰 Finance & RevenueFinancial Performance, Operating Revenue, Operating Expenses, Surplus, Distributions, Taxation, Trust Funds, Waikato Community Trust
💰 Consolidated Statement of Movements in Trust Funds for the Year Ended 31 March 2002
💰 Finance & RevenueTrust Funds, Surplus, Revaluations, Capital, Investment Fluctuation Reserve, Donation Reserve, Donations, Waikato Community Trust
💰 Consolidated Statement of Financial Position as at 31 March 2002
💰 Finance & RevenueFinancial Position, Trust Funds, Liabilities, Assets, Capital, Investment Fluctuation Reserve, Donation Reserve, WestpacTrust, Waikato Community Trust