New Zealand Gazette – 2005 – No. 175

Page 4418

✨ Financial Statements



4418

NEW ZEALAND GAZETTE, No. 175

13 OCTOBER 2005

The Community Trust of Southland

Community Trusts Act 1999

The Community Trust of Southland

Consolidated Statement of Financial Performance for the Year Ended 31 March 2005

Note 2005 $ 2004 $
Total investment income 14,259,728 21,725,134
Expenditure
Audit fees 14,288 19,752
Communications 18,971 17,914
Depreciation 66,366 70,457
Loss/(gain) on disposal of fixed assets 10,393 –
Fund manager fees 798,601 570,192
General expenses 90,827 89,630
Insurance 16,792 13,328
Occupancy costs 21,976 19,038
Office expenses 33,009 20,937
Professional fees 252,091 166,913
Promotion, reporting and compliance expenses 66,205 59,674
Personnel costs 249,472 243,231
Trustees’ fees 207,236 196,151
Vehicle expenses 21,116 17,734
Total expenditure 1,867,343 1,504,951
Net surplus/(deficit) before taxation 12,392,385 20,220,183
Taxation – –
Net surplus after taxation 12,392,385 20,220,183
Revaluation of property 51,858 (251,228)
Net operating surplus for the year before grants 12,444,243 19,968,955
Grants approved 7,138,001 6,923,945
Net surplus/(deficit) for the year after grants 5,306,242 13,045,910

Consolidated Statement of Movements in Trust Funds for the Year Ended 31 March 2005

Note 2005 $ 2004 $
Trust capital at beginning of year 162,493,897 149,451,844
Add net operating surplus/(deficit) for the year 5,306,242 13,045,910
Retained earnings of subsidiary not previously recognised 3,857 (3,857)
Trust capital at end of year 167,803,996 162,493,897

Consolidated Statement of Financial Position as at 31 March 2005

Note 2005 $ 2004 $
Funds employed:
Trust capital 158,460,000 158,460,000
Reserves 9,343,996 4,033,897
Total capital and reserves 167,803,996 162,493,897
Liabilities—
Current liabilities:
Accounts payable 198,478 131,501
Grants committed but not paid 10,277,629 8,034,804
Total liabilities 10,476,107 8,166,305
Total capital and liabilities 178,280,103 170,660,202


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 175


Gazette.govt.nz — PDF NZ Gazette 2005, No 175




✨ LLM interpretation of page content

🏥 Midwifery Council Fees Schedule (continued from previous page)

🏥 Health & Social Welfare
10 October 2005
Fees, Midwifery Council, Registration, Practising Certificates, Examination

💰 The Community Trust of Southland Financial Statements

💰 Finance & Revenue
Financial Performance, Trust Funds, Financial Position, Income, Expenditure, Grants