✨ Financial Statements
Whanganui Community Foundation Inc
Consolidated Balance Sheet for the Year ended 31st March 2009
| Note | 2009 | 2008 | |
|---|---|---|---|
| ASSETS | |||
| Current Assets | |||
| Cash and Cash Equivalents | |||
| - Westpac Trust | 147,639 | 81,995 | |
| - On Call Account | 1,526,491 | 705,511 | |
| - Term Deposits | 5 | 2,220,000 | |
| Accrued Income | 87,445 | 88,963 | |
| GST | 2,874 | 4,039 | |
| Total Current Assets | 3,984,449 | 3,880,508 |
| NON CURRENT ASSETS | | | |
| Property, Plant & Equipment| | 583,936 | 618,024 |
| INVESTMENTS | | | |
| State Street Global Assets| | 5 | 16,244,947| 23,014,555|
| Term Deposit | | 5 | 2,000,000 | 2,600,000 |
| Bonds | | 5 | 5,363,513 | 5,386,903 |
| Total Non Current Assets & Investments | | 23,608,460 | 31,619,482 |
| TOTAL ASSETS | | 28,176,842| 35,499,990|
| LIABILITIES | | | |
| Trust Funds Held | | | |
| Heart Fund | | 4,866 | 6,300 |
| Youth Fund | | 51,717 | 51,717 |
| Disaster Recovery Fund | | 20,500 | 20,500 |
| Tindall Foundation | | 15,000 | 13,500 |
| TOTAL TRUST FUNDS HELD| | 92,083 | 92,017 |
| CURRENT LIABILITIES | | | |
| Accounts Payable | | 21,461 | 29,052 |
| Donations Not Yet Uplifted| | 559,152 | 697,521 |
| Accrued employee entitlements| | 5,540 | 8,951 |
| Total Current Liabilities | | 586,153 | 735,524 |
| TOTAL LIABILITIES | | 678,236 | 827,541 |
| NET ASSETS | | 27,498,606| 34,672,449|
| Represented by : EQUITY| | | |
| Capital | | 27,101,630| 34,245,473|
| Property Revaluation Reserve| | 396,976 | 426,976 |
| TOTAL EQUITY | | 27,498,606| 34,672,449|
Signed on Behalf of the Board
Trustee
Date
Trustee
Date
NOTE: This statement is to be read in conjunction with the Notes to the Financial Statements.
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NZ Gazette 2009, No 133
✨ LLM interpretation of page content
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Financial Statements of Whanganui Community Foundation Incorporated
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💰 Finance & RevenueFinancial Statements, Community Trusts Act 1999, Whanganui Community Foundation