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New Zealand Gazette – 2011 – No. 119

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✨ Financial Statements

5 AUGUST 2011 NEW ZEALAND GAZETTE, No. 119 3335

THE WAIKATO COMMUNITY TRUST INCORPORATED

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS

For the year ended 31 March 2011

6. DONATIONS PAYABLE

	2011	2010
	NZ$'000	NZ$'000
Donations	1,480	1,480

Donations payable are non interest bearing and are normally settled within 12 months. Therefore the carrying value of donations payable approximates their fair value.

7. EMPLOYEE ENTITLEMENTS

	2011	2010
	NZ$'000	NZ$'000
Holiday Pay	35	23

All employee entitlements are payable within 12 months.

8. CASH AND CASH EQUIVALENTS

	2011	2010
	NZ$'000	NZ$'000
Cash at Bank and on Hand	397	102

The carrying value of cash at bank and on hand approximates their fair value.

Gazette.govt.nz — NZ Gazette 2011, No 119

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

💰 Notes to Financial Statements of The Waikato Community Trust Incorporated (continued from previous page)

Domain💰 Finance & Revenue
KeywordsRevenue, Gains, Losses, Trade Payables, Financial Statements, Donations, Employee Entitlements, Cash

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