✨ Financial Statements
10 AUGUST 2006
NEW ZEALAND GAZETTE, No. 95
2827
The Waikato Community Trust Incorporated
Community Trusts Act 1999
The Waikato Community Trust Incorporated
Statement of Financial Performance for the Year Ended 31 March 2006
| Notes | 2006
| $'000 | 2005
| $'000 |
|-------|-------------|-------------|
| | Total operating revenue | 30,529 | 18,128 |
| | Total operating expenses | (1,959) | (1,774) |
| | Total operating surplus before distributions | 28,570 | 16,354 |
Less distributions:
| | Donations paid from income | (6,981) | (6,187) |
| | Sponsorships | (144) | (141) |
| | Net surplus retained as trustees’ income | 21,445 | 10,026 |
The surplus has been allocated to:
| | Capital | 5 | 15,373 | – |
| | Investment fluctuation reserve | 6 | 4,923 | 9,115 |
| | Donation reserve | 6 | 1,149 | 911 |
| | | | 21,445 | 10,026 |
Statement of Movements in Trust Funds for the Year Ended 31 March 2006
| Notes | 2006
| $'000 | 2005
| $'000 |
|-------|-------------|-------------|
| | Trust funds at the start of the year | 217,189 | 208,074 |
| | Surplus and revaluations— |
| | Net surplus for the year: |
| | Capital | 5 | 15,373 | – |
| | Investment fluctuation reserve | 6 | 4,923 | 9,115 |
| | Donation reserve | 6 | 1,149 | 911 |
| | Total recognised revenues and expenses for the period | | 21,445 | 10,026 |
| | Other movements: |
| | Donations paid from capital | 6 | (1,149) | (911) |
| | Trust funds at the end of the year | | 237,485 | 217,189 |
Statement of Financial Position as at 31 March 2006
| Notes | 2006
| $'000 | 2005
| $'000 |
|-------|-------------|-------------|
| | Trust funds: |
| | Capital | 5 | 214,015 | 198,642 |
| | Investment fluctuation reserve | 6 | 23,470 | 18,547 |
| | Donation reserve | 6 | – | – |
| | Total trust funds | | 237,485 | 217,189 |
| | Current liabilities: |
| | Accounts payable | 8 | 143 | 167 |
| | Donations payable | | 1,474 | 1,115 |
| | | | 1,617 | 1,282 |
| | Total trust funds and liabilities | | 239,102 | 218,471 |
| | Current assets: |
| | Westpac Limited | | 632 | 52 |
| | Receivables | | 63 | – |
| | | | 695 | 52 |
| | Non-current assets: |
| | Investments | 9 | 236,108 | 216,144 |
| | Property, plant and equipment | 10 | 2,299 | 2,275 |
| | Total assets | | 239,102 | 218,471 |
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2006, No 95
Gazette.govt.nz —
NZ Gazette 2006, No 95
✨ LLM interpretation of page content
💰 Waikato Community Trust Financial Statements for 2005-2006
💰 Finance & RevenueFinancial Performance, Trust Funds, Financial Position, Waikato Community Trust