✨ Audit Report and Community Payments
NEW ZEALAND GAZETTE, No. 77
5 JULY 2007
Auditors’ Responsibilities
It is our responsibility to express an independent opinion on the financial statements 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 statements. It also includes assessing:
- the significant estimates and judgements made by the trustees in the preparation of the financial statements; and
- whether the accounting policies are appropriate to the trust’s circumstances, consistently applied and adequately disclosed.
We conducted our audit in accordance with New Zealand auditing standards issued by the Institute of Chartered Accountants of New Zealand. 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 give reasonable assurance that the financial statements are 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 statements.
Other than in our capacity as auditors, we have no relationship with or interest in the trust.
Unqualified Opinion
We have obtained all the information and explanations we have required.
In our opinion:
- proper accounting records have been kept by the trust as far as appears from our examination of those records; and
- the financial statements:
- comply with New Zealand generally accepted accounting practice; and
- give a true and fair view of the financial position of the trust as at 31 March 2007 and the results of its operations and cash flows for the year ended on that date.
Our audit was completed on 24 May 2007 and our unqualified opinion is expressed as at that date.
PALAIRET PEARSON, Chartered Accountants, Napier.
Schedule of Community Payments for the Year Ended 31 March 2006
Donations by Region
| 2007 | 2006 | |
|---|---|---|
| $ | $ | |
| Poverty Bay | 664,100 | 549,250 |
| Hawke’s Bay | 1,676,400 | 1,645,650 |
| Tararua | 171,750 | 265,500 |
| Wairarapa | 448,000 | 477,850 |
| Manawatu | 1,224,140 | 1,200,400 |
| Horowhenua | 365,800 | 433,550 |
| Regional | 271,500 | 252,000 |
| Total donations | 4,821,690 | 4,824,200 |
An itemised list of all donations is available at www.ecct.org.nz or free of charge from the Trust Manager, Eastern & Central Community Trust Incorporated, PO Box 1058, Hastings.
gs4311
New Zealand Deer Farmers’ Association
Commodity Levies (Farmed Deer Products) Order 2001
Commodity Rates on Deer Products
At the annual general meeting of members of the New Zealand Deer Farmers’ Association (NZDFA) held on 23 May 2007, the following levy rates were approved:
Current Rates to Continue Until
16 September 2007
- Venison: NIL cents per kg (no change)
- Velvet antler: NIL cents per kg (no change)
BILL TAYLOR, Chairman, Executive Committee, NZDFA.
Explanatory Note
At the annual general meeting of members of the NZDFA held on 24 May 2006, it was resolved that at the cessation of the current Commodity Levy (Farmed Deer Products) established on 17 September 2001, the levy not be remandated and hence lapses on 16 September 2007.
gs4592
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2007, No 77
Gazette.govt.nz —
NZ Gazette 2007, No 77
✨ LLM interpretation of page content
💰
Audit Report
(continued from previous page)
💰 Finance & Revenue24 May 2007
Audit Report, Financial Statements, Trustees' Responsibilities, Financial Position, Operations, Cash Flows
- PALAIRET PEARSON, Chartered Accountants
💰 Schedule of Community Payments for the Year Ended 31 March 2006
💰 Finance & RevenueCommunity Payments, Donations, Financial Report, Regional Donations
🌾 Commodity Levies (Farmed Deer Products) Order 2001
🌾 Primary Industries & Resources23 May 2007
Commodity Levies, Deer Products, Venison, Velvet Antler, NZDFA
- BILL TAYLOR, Chairman, Executive Committee, NZDFA