NEW ZEALAND GAZETTE, No. 130

18 AUGUST 2005

Audit Report

To the Readers of the Financial Statements of West Coast Community Trust

We have audited the consolidated financial report. The financial report provides information about the past financial performance and financial position of the West Coast Community Trust and group as at 31 March 2005. This information is stated in accordance with the accounting policies set out in the financial report.

Trustees’ Responsibilities

The trustees are responsible for the preparation of a financial report which gives a true and fair view of the financial position of the West Coast Community Trust and group as at 31 March 2005 and of the results of operations for the year ended on that date.

Auditors’ Responsibilities

It is our responsibility to express an independent opinion on the financial report presented by the trustees and report our opinion to you.

Basis of Opinion

An audit includes examining, on a test basis, evidence relevant to the amounts and disclosures in the financial report. It also includes assessing:

• the significant estimates and judgements made by the trustees in the preparation of the financial report; and

• whether the accounting policies are appropriate to the West Coast Community Trust and group circumstances, consistently applied and adequately disclosed.

We conducted our audit in accordance with New Zealand auditing standards. We planned and performed our audit so as to obtain all the information and explanations which we considered necessary in order to provide us with sufficient evidence to obtain reasonable assurance that the financial report is free from material misstatements, whether caused by fraud or error. In forming our opinion, we also evaluated the overall adequacy of the presentation of information in the financial report.

The offices of Wilding Smith & Co act as the registered office of West Coast Community Trust Charitable Company Limited, a wholly-owned subsidiary of the trust.

Our firm provides administrative services to the company in relation to this function. The firm has no other interests in the West Coast Community Trust or its subsidiary.

Unqualified Opinion

We have obtained all the information and explanations we have required.

In our opinion:

• proper accounting records have been kept by the West Coast Community Trust as far as appears from our examination of those records; and

• the financial report:
– complies with generally accepted accounting practice; and
– gives a true and fair view of the financial position of the West Coast Community Trust and group as at 31 March 2005 and the results of operations and cash flows for the year ended on that date.\n
Our audit was completed on 29 July 2005 and our unqualified opinion is expressed as at that date.

WILDING SMITH & CO, Chartered Accountants, Hokitika.

(The West Coast Community Trust gives notice that the Minister of Finance has directed that they need not publish the full list of grants in the New Zealand Gazette but will provide a copy of its list of grants to anyone upon request from:
The Secretary, West Coast Community Trust, P.O. Box 190, Hokitika.)

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Index

A
Animal Products Act—
Animal products notices available: 3179

B
Bankruptcy Notices—
Notices: 3154

C
Charitable Trusts Act—
Dissolution of charitable trust boards: 3177

Civil Defence Emergency Management Act—
Proposed National Civil Defence Emergency Management Plan: 3182

Commodity Levies (Orchard Fruit) Order—
Rate of levies
Orchard fruit: 3192

Community Trusts Act—
Annual accounts
West Coast Community Trust: 3193

Companies Act—
Cessation of business in New Zealand
Sapphire Technologies Pty Ltd.: 3170
Teleware Public Limited Co.: 3170
TL Well Technology Pty Ltd.: 3170

Persons prohibited from managing companies: 3177

Removals
A S (NZ) Ltd.: 3166
Atlantis Cleaning Ltd.: 3166
B. Shearer Real Estate Ltd.: 3166
Breen’s Sheepskins Ltd.: 3166
Carmichael Transport Ltd.: 3166
Chrismar Enterprises Ltd.: 3166
Chrystal Point Developments Ltd.: 3166
Close Up Shop Ltd.: 3169
Conrad Hobson Street Trustee Ltd.: 3166
Convertech Industries Ltd.: 3168
Convertech New Zealand Ltd.: 3168
Donald Duck Preschool & Nursery Ltd.: 3167
Dunottar Ltd.: 3169