✨ Financial Statements and Trustee Information
2 AUGUST 2007 NEW ZEALAND GAZETTE, No. 87
2281
Te Wananga o Aotearoa (23,000)
The Hub Youth Charitable Trust 2,500
Timberlands Pony Club (1,500)
Tokoroa Council of Social Services 3,500
Waikato Interfaith Council Inc 750
Waikato Raupatu Lands Trust 3,500
Waikato Smallbore Rifle Association 1,000
Waka Tangata Trust (45,000)
Total donations for the year 8,539,414
Of this amount, $7,483,414 has actually been paid to community groups during the year. The remaining $1,056,000 represents donations which will be paid when it is clear to the trust that the project in question will proceed and/or any other conditions have been met.
Donations payable at balance date are:
For the 2006/2007 year 1,056,000
For previous years 836,500
1,892,500
A full list of donations is available on request.
Donation amounts appearing in brackets are donations that were approved prior to 30 September 2006 and have subsequently been withdrawn.
- Conflicts of Interest
During the year, trustees and staff were required to declare when they had either a direct or indirect conflict of interest in a matter being considered by the trust. 115 such interests were recorded during the course of the year (2006 – 102) and a register of those conflicts is available for inspection at the trust.
- Subsequent Events
There are no matters or events that have arisen, or been discovered, subsequent to balance date that would require adjustment to, or disclosure in, these financial statements.
- Segmental Information
The Waikato Community Trust is a charitable trust which operates in the Waikato region.
- Meeting Attendance
The trust held 19 formal meetings during the year. The following table records each trustee’s attendances at these formal meetings and the total remuneration paid to each trustee, including honoraria and fees for formal meetings, subcommittee meetings, training and development forums, community forums and functions:
| Trustee | Meeting Attendance | Remuneration $ |
|---|---|---|
| Dennis Astle (from 1 June 2006) | 12 | 12,218 |
| Josie Anderson (from 1 June 2006) | 7 | 7,353 |
| Hori Awa (chair) | 16 | 41,045 |
| Clint Baddeley | 16 | 11,155 |
| Christine Cave | 12 | 10,700 |
| Bernadette Doube | 9 | 9,335 |
| Bruce Hosking (investment committee chair/deputy chair) | 15 | 19,134 |
| Peta Karalus | 13 | 9,650 |
| Heeni Katipa (to 31 May 2006) | 0 | 511 |
| John Kilbride | 15 | 16,090 |
| Michael Law | 14 | 17,350 |
| Joyce Maipi (to 31 May 2006) | 1 | 1,807 |
| Tureiti Moxon | 8 | 9,125 |
| Max Purnell (from 25 November 2006) | 4 | 4,161 |
| Hinerangi Raumati (deputy chair) (to 24 November 2006) | 9 | 8,865 |
| Glenda Saunders (investment committee chair) | 13 | 13,120 |
| Fee-Ching Tan | 16 | 17,770 |
| Total Remuneration | 209,389 |
Trustees and trust staff were invited to 208 separate formal and informal meetings and functions. The trust was able to achieve representation at approximately 124 of these meetings and functions.
- NZ IFRS
The trust is required to adopt the New Zealand equivalents to International Financial Reporting Standards (NZ IFRS) no later than the year ending 31 March 2008.
The process of transition to NZ IFRS, including an independent assessment of the impacts of changes in the trust’s accounting policies, has commenced and will be completed early in the 2007/2008 financial year.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2007, No 87
Gazette.govt.nz —
NZ Gazette 2007, No 87
✨ LLM interpretation of page content
🏢
Donations Approved by the Trust from 1 April 2006 to 31 March 2007
(continued from previous page)
🏢 State Enterprises & InsuranceDonations, Trust funds, Charitable organizations, Financial statements
17 names identified
- Dennis Astle, Trustee, meeting attendance and remuneration
- Josie Anderson, Trustee, meeting attendance and remuneration
- Hori Awa, Chair, meeting attendance and remuneration
- Clint Baddeley, Trustee, meeting attendance and remuneration
- Christine Cave, Trustee, meeting attendance and remuneration
- Bernadette Doube, Trustee, meeting attendance and remuneration
- Bruce Hosking, Investment committee chair/deputy chair, meeting attendance and remuneration
- Peta Karalus, Trustee, meeting attendance and remuneration
- Heeni Katipa, Trustee, meeting attendance and remuneration (to 31 May 2006)
- John Kilbride, Trustee, meeting attendance and remuneration
- Michael Law, Trustee, meeting attendance and remuneration
- Joyce Maipi, Trustee, meeting attendance and remuneration (to 31 May 2006)
- Tureiti Moxon, Trustee, meeting attendance and remuneration
- Max Purnell, Trustee, meeting attendance and remuneration (from 25 November 2006)
- Hinerangi Raumati, Deputy chair, meeting attendance and remuneration (to 24 November 2006)
- Glenda Saunders, Investment committee chair, meeting attendance and remuneration
- Fee-Ching Tan, Trustee, meeting attendance and remuneration