New Zealand Gazette – 2004 – No. 85

Page 2144

✨ Financial Statements



2144

NEW ZEALAND GAZETTE, No. 85

8 JULY 2004

Add net surplus for the year
Increase in capital base reserve
Total trust funds at end of year
Represented by:
Core real capital base reserve
Accumulated income reserve
Capital base reserve

28,058,676
5,979,954
453,324,669

(12,998,252)
9,803,245
421,419,006

4
4
4

371,422,000
33,739,400
48,163,269
453,324,669

358,000,000
22,753,691
40,665,315
421,419,006

Note
4

2004
453,324,669

2003
421,419,006

7,726
1,406,536
21,720
37,608
153
–
1,473,743

25,644
858,757
89
1,666
188
6,597
892,941

7,080,000
443,205,408
450,205,408
1,691,028
453,450,179

8,365,236
412,156,932
420,522,168
114,186
421,529,295

117,841
–
7,669
125,510
453,324,669

80,764
29,525
–
110,289
421,419,006

2004

2003

33,572,024
(2,002,929)
35
(35,734)
(11,483,274)
20,050,122

9,727,615
(2,144,284)
71
(10,009)
(11,476,678)
(3,903,285)

(19,335,102)
(547,779)
(185,159)
(20,068,040)
(17,918)
25,644
7,726

4,503,737
564,205
(1,162,055)
3,905,887
2,602
23,042
25,644

7,726

25,644

Consolidated Statement of Financial Position as at 31 March 2004
Trust funds
Represented by—
Current assets:
WestpacTrust operating accounts
Bank deposits
Property manager operating account
Accounts receivable
Taxation refund due
Good and services tax

Investments:
Property investments
Managed funds

Fixed assets
Total assets
Current liabilities:
Accounts payable and goods and services tax
Rents received in advance
Goods and services tax
Total liabilities
Net assets

14

7
13
8

Consolidated Statement of Cash Flows for the Year Ended 31 March 2004
Note
Cash was provided by (used for)—
Operations:
5
Income from investments
Payments to suppliers, employees and trustees
Payments of taxation
Payments of goods and services tax
Donations to the community

Investing:
Managed funds investments
Movement in term deposits
Sale (purchase) of fixed assets
Increase (decrease) in cash
Cash at beginning of year
Cash at end of year
Represented by:
WestpacTrust operating accounts

Notes to the Financial Statements for the Year Ended 31 March 2004

  1. Statement of Accounting Policies
    General Accounting Policies
    The following general accounting policies have been adopted in the preparation of the financial statements.
    (i) The Community Trust was incorporated as a charitable trust in accordance with the provisions of Community Trusts Act 1999. These financial statements have been prepared in accordance with applicable financial reporting standards.


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2004, No 85


Gazette.govt.nz — PDF NZ Gazette 2004, No 85




✨ LLM interpretation of page content

💰 The Community Trust Consolidated Financial Statements for the Year Ended 31 March 2004 (continued from previous page)

💰 Finance & Revenue
28 June 2004
Financial Performance, Community Trusts, Income, Expenditure, Equity