NEW ZEALAND GAZETTE, No. 127

14 AUGUST 2008

Transactions With Key Management Personnel

Key management were related to organisations that received donations totalling $70,000 (2007 – $10,000) during the year. Interests were declared when these donations were considered and key management took no part in deliberations relating to organisations they had an interest in.

There are no outstanding balances at balance date.

Transactions With Trustees

Trustees were related to organisations that received donations totalling $242,700 (2007 – $342,300) during the year. Interests were declared when these donations were considered and trustees took no part in deliberations relating to organisations they had an interest in.

There are no outstanding balances at balance date.

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 2008. 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 2008 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 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 2008 and the results of its operations and cash flows for the year ended on that date.

Our audit was completed on 19 June 2008 and our unqualified opinion is expressed as at that date.

DELOITTE, Chartered Accountants, Hamilton, New Zealand.

A copy of these financial statements and a full list of 2007–2008 donations is available on request.

gs5198

Index

A
Agricultural Compounds and Veterinary Medicines Act—
Trade name products
Registration
Applications: 3304, 3305

Animal Products Act—
Animal products notices available: 3305

B
Bankruptcy Notices—
No asset procedures: 3265
Notices: 3264

C
Charitable Trusts Act—
Dissolution of charitable trust boards: 3289
Civil Aviation Act—
Granting of scheduled international air service licences: 3307

Community Trusts Act—
Annual accounts
Bay of Plenty Community Trust Inc.: 3315
Eastern & Central Community Trust Inc.: 3325
The Community Trust of Wellington: 3347
The Waikato Community Trust Inc.: 3354

Companies Act—
Cessation of business in New Zealand
DAIEI Australasia Pty Ltd.: 3278
Everflow International Trade & Estates Pte Limited: 3278
General Oriental Pte Limited: 3278
Lucky Choice Euro-Pacific Pte Limited: 3278
Rio Tinto Mining & Exploration Limited: 3279
Removals
Amazing Makeovers Ltd.: 3276
Chinese Business Yearbook Ltd.: 3277
Houkura Company Ltd.: 3278
J C P Contracting Ltd.: 3276
Kaiapoi Auto Electric Ltd.: 3277
Manukau Events Ltd.: 3276