New Zealand Gazette – 2007 – No. 77

Page 2013

✨ Financial Statements



5 JULY 2007 NEW ZEALAND GAZETTE, No. 77 2013

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General Section

Eastern & Central Community Trust Incorporated

Community Trusts Act 1999

Eastern & Central Community Trust Incorporated

Statement of Financial Performance for the Year Ended 31 March 2007

Note 2007 $ 2006 $
Income:
Income from investments 8,676,574 27,487,816
Less expenditure:
Advertising and promotion 162,456 144,400
Auditor fees – Trust audit 11,250 10,246
Depreciation 21,190 22,958
Rent and occupancy 74,075 72,175
Professional expenses 58,430 60,709
Donation expenses (1,791) 19,039
Trustee meeting expenses 44,899 30,722
Trustee liability insurance 11,340 11,250
Trustee fees 137,818 129,638
Wages and salaries 310,877 297,457
Other expenses 66,448 83,824
Total expenditure 896,992 882,418
Net surplus 7,779,582 26,605,398

The net surplus has been allocated as follows:

Note 2007 $ 2006 $
Trust capital maintenance 4,800,000 2,400,000
Donation reserve transfer 2,979,582 24,205,398
7,779,582 26,605,398

Statement of Movements in Equity for the Year Ended 31 March 2007

Note 2007 $ 2006 $
Equity at start of period 140,614,057 118,543,559
Net surplus 7,779,582 26,605,398
Total recognised revenues and expenses 7,779,582 26,605,398
Net community donations (4,510,341) (4,534,900)
Equity at the end of period 143,883,298 140,614,057

Statement of Financial Position as at 31 March 2007

Note 2007 $ 2006 $
Equity:
Trust capital 113,934,668 109,134,668
Donation reserve 29,948,630 31,479,389
Total trust funds 143,883,298 140,614,057


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2007, No 77


Gazette.govt.nz — PDF NZ Gazette 2007, No 77




✨ LLM interpretation of page content

💰 Financial Performance Statement of Eastern & Central Community Trust Incorporated

💰 Finance & Revenue
Financial Performance, Income, Expenditure, Net Surplus, Trust Capital Maintenance, Donation Reserve Transfer