✨ TSB Community Trust Financial Statements Notes
24 JULY 2009 NEW ZEALAND GAZETTE, No. 107 2467
TSB Community Trust
Notes to the Financial Statements
For the year ended 31 March 2009
12. Contingent Liabilities
| 2009 | 2008 | |
|---|---|---|
| $ | $ |
Grants approved but the distribution is subject to the donees' meeting certain conditions | 5,363,700 | 1,282,700 |
13. Capital Commitments
The company has no material capital commitments at balance date (: $Nil).
14. Subsequent Events
There were no material events subsequent to balance date.
15. Separate Financial Statements
The Trust has prepared these separate financial statements to provide more relevance to users, as the size and presentation of the consolidated financial statements does not facilitate a meaningful comparison of the Trust's results by those users.
The Trust has 100% ownership of the TSB Bank Limited, a company incorporated in New Zealand. The Trust holds 100% of the voting power.
The investment is accounted for at cost.
The consolidated financial statements of the Trust can be obtained from the Trust Manager, PO Box 667, New Plymouth or by telephoning (06) 769-9471.
16. Publishing Requirements
A comprehensive list itemising all recipients was published in the Taranaki Daily News on the following dates:
1st quarter 11 September 2008
2nd quarter 11 November 2008
3rd quarter 1 January 2009
4th quarter 18 May 2009
A copy of the list of grants is available to anyone upon request from the Trust's office, PO Box 667, New Plymouth.
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NZ Gazette 2009, No 107
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TSB Community Trust Financial Statements Notes
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🏢 State Enterprises & InsuranceContingent Liabilities, Capital Commitments, Subsequent Events, Separate Financial Statements, Publishing Requirements, Grants, TSB Bank Ltd