Financial Statements




NEW ZEALAND GAZETTE

No. 101

West Coast Community Trust

Community Trusts Act 1999

West Coast Community Trust

Consolidated Statement of Financial Position as at 31 March 2003

| | 2003 $
| 2002 $
|-------------------|--------------|
Current assets: | |
Bank – ASB cheque account | 759 | –
Bank – ASB call account | 35,386 | 19,982
Taxation refund due | 2,492 | –
Accrued interest | 2,333 | 2,260
| 40,970 | 22,142

Investments: | |
AMP asset management | 3,201,950| 3,714,342
AMP tracker fund | 307,034 | 229,513
AMP WINZ fund | 752,035 | 676,780
TCNZ Finance Limited | 50,000 | 50,000
| 4,311,019| 4,670,635

Fixed assets: | |
Office equipment | 280 | 381
| 4,352,269| 4,693,158

Represented by— | |
Current liabilities: | |
Bank – ASB cheque account | – | 1,000
Accounts payable | 8,442 | 2,922
Taxation payable | – | 2,473
| 8,442 | 6,395

Trustee funds: | |
Trustee funds | 4,343,827| 4,686,763
| 4,343,827| 4,686,763
Total accumulated funds | 4,352,269| 4,693,158

J. BAMFIELD
Chairperson.

D. STRAKER
Trustee.

Dated: 30 June 2003.

Consolidated Statement of Financial Performance for the Year Ended 31 March 2003

| | 2003 $
| 2002 $
|-------------------|--------------|
Gross revenues: | |
Interest received | 6,060 | 5,674
AMP Managed Funds | (177,465) | 143,529
Total revenue received| (171,405) | 149,203

Repairs and maintenance:| |
Repairs and maintenance | 199 | 347

Administration/operating costs:| |
Accident Compensation levies| 37 | 282
Accountancy/auditors’ fees | 8,628 | 6,389
Advertising | 3,867 | 5,063
Catering/hall hire | 1,054 | 891
Conference expenses | 5,825 | 2,765
General expenses | 1,221 | 1,260
Licences and levies | – | 30
Postage | 330 | 456
Printing and stationery | 1,303 | 570
Remuneration – trustees | 21,023 | 18,300
Review – trustees | 4,901 | 4,076



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2003, No 101


Gazette.govt.nz PDF NZ Gazette 2003, No 101





✨ LLM interpretation of page content

💰 West Coast Community Trust Financial Statements

💰 Finance & Revenue
30 June 2003
Financial Statements, Community Trust, West Coast, Assets, Liabilities
  • J. Bamfield, Chairperson
  • D. Striker, Trustee