New Zealand Gazette – 2002 – No. 85

Page 2321

✨ Community Trust Annual Report



25 JULY

NEW ZEALAND GAZETTE

2321

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General Section

The Community Trust of Otago

Community Trusts Act 1999

The Community Trust of Otago

Directory for the Year Ended 31 March 2002

Trustees: Clive Matthewson (chairperson), Dunedin; Hilary Allison, Dunedin; Nancy Bamford, Balclutha; Duncan Butcher,
Cromwell; John Farry, Dunedin; Russell Hendry, Dunedin (appointed May 2001); Sally Hope, Oamaru (appointed May
2001); Ele Ludemann, Oamaru (retired May 2001); Richard McKnight, Dunedin (retired May 2001); Alan McLay,
Oamaru; Barbara Payton, Dunedin; Mark Ryan, Dunedin; David Shepherd, Wanaka; Gail Tipa Dunedin.

Chief Executive: Keith Ellwood.

Registered Office: Second Floor, Community Trust House, corner of Filleul Street and Moray Place, Dunedin.

Auditor: Taylor McLachlan, Dunedin.

Solicitor: Anderson Lloyd Caudwell, Dunedin.

Investment Advisors: Frank Russell Limited, Auckland.

Bankers: WestpacTrust, Dunedin.

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

| Note | 2002
$000 | 2001
$000 |
|------|-----------|-----------|
| Revenue | 1 (588) | 5,668 |
| Expenditure | 2 (1,754) | (1,794) |
| Surplus/(deficit) before donations | (2,342) | 3,874 |
| Donations paid from income | 4 – | (5,315) |
| Trustee surplus prior to tax | (2,342) | (1,441) |
| Trustee (deficit)/surplus | (2,342) | (1,441) |
| This (deficit)/surplus has been allocated to: | |
| Capital maintenance reserve | – | – |
| Uncommitted surplus | (2,342) | (1,441) |

Consolidated Statement of Movement in Trust Funds for the Year Ended 31 March 2002

| Note | 2002
$000 | 2001
$000 |
|------|-----------|-----------|
| Opening trust funds | 180,344 | 182,715 |
| Donations paid from capital | (9,721) | (930) |
| | 170,623 | 181,785 |
| Trustee (deficit)/surplus | (2,342) | (1,441) |
| Closing trust funds | 168,281 | 180,344 |

Consolidated Statement of Financial Position as at 31 March 2002

| Note | 2002
$000 | 2001
$000 |
|------|-----------|-----------|
| Source of funds— | | |
| Trust funds | 3 168,281 | 180,344 |
| Current liabilities: | |
| Creditors | 120 | 149 |
| Taxation payable | – | – |
| | 168,401 | 180,493 |



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2002, No 85


Gazette.govt.nz — PDF NZ Gazette 2002, No 85




✨ LLM interpretation of page content

💰 Community Trust of Otago Annual Report 2002

💰 Finance & Revenue
Community Trust, Financial Performance, Trustees, Otago
15 names identified
  • Clive Matthewson, Chairperson of Trustees
  • Hilary Allison, Trustee
  • Nancy Bamford, Trustee
  • Duncan Butcher, Trustee
  • John Farry, Trustee
  • Russell Hendry, Trustee
  • Sally Hope, Trustee
  • Ele Ludemann, Retired Trustee
  • Richard McKnight, Retired Trustee
  • Alan McLay, Trustee
  • Barbara Payton, Trustee
  • Mark Ryan, Trustee
  • David Shepherd, Trustee
  • Gail Tipa, Trustee
  • Keith Ellwood, Chief Executive