New Zealand Gazette – 2008 – No. 127

Page 3320

✨ Bay of Plenty Community Trust Financial Statements



3320 NEW ZEALAND GAZETTE, No. 127 14 AUGUST 2008

(b) The following conditional future grants have been approved but are subject to the applicants satisfying specific criteria in each case:

2009

Grants Recipient
Murupara Community Fac 7
Back-Up NZ 8
Propel Community Trust 6
Tuporo Kohanga Reo 10
Waipapa Charitable Trust 23
Opotiki District Council 140
Total 194

  1. Property, Plant and Equipment
Cost: Furniture & fittings Office equipment Total
Balance at 1 April 2006 62 45 107
Additions 2 12 14
Disposals (4) (2) (6)
Balance as at 31 March 2007 60 55 115
Balance at 1 April 2007 60 55 115
Other additions 17 17
Disposals (3) (3)
Balance as at 31 March 2008 60 69 129

| Depreciation: | | | |
| Balance at 1 April 2006 | 12 | 33 | 45 |
| Depreciation for the year | 8 | 8 | 16 |
| Balance as at 31 March 2007 | 20 | 41 | 61 |
| Balance at 1 April 2007 | 20 | 42 | 62 |
| Depreciation for the year | 7 | 13 | 20 |
| Balance as at 31 March 2008 | 27 | 55 | 82 |

| Carrying amounts | | | |
| At 1 April 2006 | 50 | 12 | 62 |
| At 31 March 2007 | 41 | 14 | 55 |
| At 1 April 2007 | 41 | 14 | 55 |
| At 31 March 2008 | 34 | 16 | 50 |

  1. Other Investments
2008 $000 2007 $000
Non-current investments:
Financial assets designated at fair value through profit or loss 131,471 142,717
Current investments:
There are no current investments at 31 March 2008
  1. Taxation

Bay of Plenty Community Trust Inc is exempt from income tax with effect 1 April 2004, under section CW 44 of the Income Tax Act 2004.

  1. Net Cash and Cash Equivalents
2008 $000 2007 $000
Bank balances 1,018 37
Call deposits 110 729
Cash and cash equivalents 1,128 766
  1. Trust Funds
Trust Capital Income Fluctuation Reserve Inflation & Population Growth Reserve Total
Balance at 1 April 2006 89,308 23,683 22,713 135,704
Total recognised income and expense 11,786 – – 11,786
Distributions in the form of donations (3,710) – – (3,710)


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Gazette.govt.nz — PDF NZ Gazette 2008, No 127




✨ LLM interpretation of page content

💰 Bay of Plenty Community Trust Incorporated Financial Statements (continued from previous page)

💰 Finance & Revenue
Accounting Policies, Financial Instruments, Derivatives, Property Plant and Equipment, Depreciation, Impairment, Revenue Recognition