✨ Financial Statements
2850 NEW ZEALAND GAZETTE, No. 106 23 AUGUST 2010
West Coast Community Trust Summarised Financial Statements
For the Year Ended 31 March 2010
Financial Performance
| 2010 | 2009 | |
|---|---|---|
| $ | $ |
During the year we received income from the following:
Income from Investments 542,497 184,285
We used this income for:
Trustees’ Fees & Expenses 24,597 24,420
Investment Advice & Management Fees 25,758 28,116
Other Administration Costs 52,732 51,235
Leaving a Profit / (Loss) 439,410 80,514
Financial Position
| 2010 | 2009 | |
|---|---|---|
| $ | $ |
We began the year with a total capital base of: 5,036,067 5,038,973
To this we added (deducted)
Profit / (Loss) 439,410 80,514
And paid grants (70,425) (83,420)
And finished with Trust Funds of 5,405,052 5,036,067
These Trust Funds are represented by
Current Assets:
Cash and cash equivalents 71,451 31,329
Non Current Assets:
Investments 5,335,610 5,007,968
Fixed Assets 46 77
Total Assets 5,407,107 5,039,374
Less Liabilities (all current) (2,055) (3,307)
TOTAL NET ASSETS 5,405,052 5,036,067
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NZ Gazette 2010, No 106
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West Coast Community Trust Financial Statements
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💰 Finance & RevenueFinancial statements, Community Trusts Act 1999, West Coast Community Trust, Financial Performance, Financial Position