NEW ZEALAND GAZETTE, No. 87

21 JULY 2010

BDO HAWKES BAY
86 Station Street
PO Box 944, Napier 4140
New Zealand

Tel: +64 6 835 3364
Fax: +64 6 835 3388
napier@bdo.co.nz
www.bdo.co.nz

AUDIT REPORT

TO THE TRUSTEES OF THE

EASTERN & CENTRAL COMMUNITY TRUST INCORPORATED

We have audited the financial statements. The financial statements provide information about the past financial performance of the Eastern & Central Community Trust and its financial position as at 31 March 2010. This information is stated in accordance with the accounting policies set out in notes 1, 2 and 3 of the financial statements.

This report is made solely to the members of the Eastern & Central Community Trust as a body, in accordance with the requirements of Eastern & Central Community Trust’s trust deed. Our audit has been undertaken so that we might state to the Eastern & Central Community Trust’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Eastern & Central Community Trust and the Trust’s members as a body, for our audit work, for this report, or for the opinion we have formed.

The Trustees’ Responsibilities

The Eastern & Central Community Trust is responsible for the preparation of the financial statements which fairly reflect the financial position of the Trust as at 31 March 2010 and the results of its operations and cash flows for the year ended on that date.

Auditor’s 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 Trust’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 auditors we have no other relationship with, or interests in, the Trust.

Unqualified Opinion

In our opinion the financial statements fairly reflect the financial position of the Eastern & Central Community Trust as at 31 March 2010 and the results of its operations and cash flows for the year ended on that date.

Our audit was completed on 28 May 2010 and our unqualified opinion is expressed as at that date.

BDO Hawkes Bay
Napier

PARTNERS:
D W Pearson L P Townshend M W Williams
ASSOCIATES:
G A Fan-Robertson H J Ryan
CONSULTANT:
J R Palamountain

BDO New Zealand, a New Zealand limited liability company, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms.

PUBLISHED BY THE
DEPARTMENT OF INTERNAL AFFAIRS
PRINTED BY BLUE STAR GROUP

ISSN 0111-5650
ISSN 1177-8415
Price $4.30 (inc. GST)