✨ Financial Statements Notes
3280 NEW ZEALAND GAZETTE, No. 114 14 SEPTEMBER 2012
ASB COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2012
ASB Community Trust Charitable Purposes Limited ("the Company") is a registered charity under the Charities Act 2005. Its registration number is CC38999. Grants totalling $25.2 million were made by the Trust to the subsidiary company during the 2011/12 financial year (2011: Nil). At balance date the Current Account between the Trust and ASB Community Trust Charitable Purposes Limited totalled $71.0 million (2011: $60.4 million). The Company’s constitution prohibits distributions to the Trust.
As defined by NZ IAS 24: Related Party Disclosures, Trustees are related parties of the Trust. As the Trustees are not employees of the Trust, they do not receive short term employee benefits, post employment benefits, other long term benefits, or termination benefits. Trustees are appointed by the New Zealand Government and remunerated at rates set by the Government. These rates were last set in June 2002, and have been revised with effect from 1 April 2012.
During the year Trustees received honoraria and meeting fees as follows:
| Group and Trust | 2012 | 2011 |
|---|---|---|
| $ | $ | |
| E Auva’a | 16,150 | 7,178 |
| A Bell | 12,115 | - |
| M Brickell | 16,193 | 11,555 |
| C Craven | - | 3,544 |
| A Green | 3,841 | 15,896 |
| P Greenbank | 2,325 | 12,732 |
| A Hartley | 16,143 | 29,390 |
| P Kearns | 14,059 | 14,629 |
| J Kirk | 1,366 | 14,846 |
| K Kohere-Soutar | 13,320 | 14,694 |
| B Leveloff | 18,670 | 15,266 |
| L Lim | 20,189 | 13,305 |
| B Lythe | 18,218 | 21,747 |
| I McDougall | 15,791 | 11,870 |
| T Millar | 14,425 | - |
| M Milne | 12,045 | 7,747 |
| A Ngaro | 6,040 | - |
| S Pamaka | - | 2,416 |
| W Petera | - | 1,366 |
| B Plunkett | 11,975 | - |
| P Rowe | - | 3,183 |
| K Whitney | 29,507 | 17,845 |
| L Wilson | 3,410 | 18,114 |
| $ 245,782 | $ 237,323 |
There are no monies owing to or due from Trustees at 31 March 2012 (31 March 2011: Nil).
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NZ Gazette 2012, No 114
✨ LLM interpretation of page content
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Notes to the Financial Statements of ASB Community Trust
(continued from previous page)
💰 Finance & RevenueFinancial Statements, Retained Surplus, Administration Expenses, Related Party Information, Subsidiaries, Grants, Investments
23 names identified
- E Auva’a, Trustee receiving honoraria and meeting fees
- A Bell, Trustee receiving honoraria and meeting fees
- M Brickell, Trustee receiving honoraria and meeting fees
- C Craven, Trustee receiving honoraria and meeting fees
- A Green, Trustee receiving honoraria and meeting fees
- P Greenbank, Trustee receiving honoraria and meeting fees
- A Hartley, Trustee receiving honoraria and meeting fees
- P Kearns, Trustee receiving honoraria and meeting fees
- J Kirk, Trustee receiving honoraria and meeting fees
- K Kohere-Soutar, Trustee receiving honoraria and meeting fees
- B Leveloff, Trustee receiving honoraria and meeting fees
- L Lim, Trustee receiving honoraria and meeting fees
- B Lythe, Trustee receiving honoraria and meeting fees
- I McDougall, Trustee receiving honoraria and meeting fees
- T Millar, Trustee receiving honoraria and meeting fees
- M Milne, Trustee receiving honoraria and meeting fees
- A Ngaro, Trustee receiving honoraria and meeting fees
- S Pamaka, Trustee receiving honoraria and meeting fees
- W Petera, Trustee receiving honoraria and meeting fees
- B Plunkett, Trustee receiving honoraria and meeting fees
- P Rowe, Trustee receiving honoraria and meeting fees
- K Whitney, Trustee receiving honoraria and meeting fees
- L Wilson, Trustee receiving honoraria and meeting fees