2282 NEW ZEALAND GAZETTE, No. 87 2 AUGUST 2007

The key differences in accounting policies that are expected to arise from adopting NZ IFRS were not known at 31 March 2007.
The impact of adopting NZ IFRS may materially affect the reported financial performance and financial position presented in future financial reports of the trust.

Audit Report to the Trustees of The Waikato Community Trust Incorporated

We have audited the financial statements. The financial statements provide information about the past financial performance of The Waikato Community Trust Incorporated and its financial position as at 31 March 2007. This information is stated in accordance with the accounting policies.

Trustees’ Responsibilities

The trustees are responsible for the preparation, in accordance with New Zealand law and generally accepted accounting practice, of financial statements which fairly reflect the financial position of The Waikato Community Trust Incorporated as at 31 March 2007 and the results of operations and cash flows for the year ended on that date.

Auditors’ Responsibilities

It is our responsibility to express to you an independent opinion on the financial statements presented by the trustees.

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 board of trustees in the preparation of the financial statements; and
● whether the accounting policies are appropriate to The Waikato Community Trust Incorporated’s circumstances, consistently applied and adequately disclosed.

We conducted our audit in accordance with New Zealand Auditing Standards. 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 obtain 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 auditor, we have no relationship with or interests in The Waikato Community Trust Incorporated.

Unqualified Opinion

We have obtained all the information and explanations that we have required.

In our opinion, the financial statements fairly reflect the financial position of The Waikato Community Trust Incorporated 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 26 June 2007 and our unqualified opinion is expressed as at that date.

DELOITTE, Chartered Accountants, Hamilton, New Zealand.

This audit report relates to the financial statements of The Waikato Community Trust Incorporated for the year ended 31 March 2007 included on The Waikato Community Trust Incorporated’s website. The Waikato Community Trust Incorporated’s trustees are responsible for the maintenance and integrity of The Waikato Community Trust Incorporated’s website. We have not been engaged to report on the integrity of The Waikato Community Trust Incorporated’s website. We accept no responsibility for any changes that may have occurred to the financial statements since they were initially presented on the website. The audit report refers only to the financial statements named above. It does not provide an opinion on any other information which may have been hyperlinked to/from these financial statements. If readers of this report are concerned with the inherent risks arising from electronic data communication, they should refer to the published hard copy of the audited financial statements and related audit report dated 26 June 2007 to confirm the information included in the audited financial statements presented on this website. Legislation in New Zealand governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

A copy of these financial statements and a full list of 2006-2007 donations is available on request.

gs4553

Company Notices

APPLICATIONS FOR WINDING UP / LIQUIDATIONS

Advertisement of Application for Winding Up of Charitable Trust Board

Take notice that on 3 July 2007, an application for the winding up of NgatiKahu Trust Board by the High Court was filed in the High Court at Whangarei.

The application is to be heard before the High Court at Whangarei on 13 August 2007 at 10.45am.

Any person, other than the defendant board, who wishes to appear on the hearing of the application must file an appearance not later than the second working day before that day.

The plaintiff is Thomas Wilson, whose address for service is PO Box 1042 or DX AP 24512, Whangarei.

Further particulars may be obtained from the office of the Court or from the plaintiff or the plaintiff’s solicitor.

G. J. MATHIAS, Solicitor for the Plaintiff.

aw5376