✨ Financial Transactions Report
THE COMMUNITY TRUST OF SOUTHLAND
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 March 2013
29. RELATED PARTY TRANSACTIONS
Transactions with Key Management Personnel
Key management declared interests in relation to organisations that received grants totalling $185,673 as detailed below (2012: $424,776) during the year. Interests were declared when these grants were considered and key management took no part in deliberations relating to organisations they had an interest in.
There are no outstanding balances at balance date.
| 2013 | 2012 | |
|---|---|---|
| J Prendergast | ||
| Philanthropy New Zealand | - | 2,772 |
| Sacred Heart School | - | 688 |
| St Josephs School | - | 592 |
| St Marys Primary School | - | 890 |
| St Patricks School | - | 1,912 |
| St Patricks School Nightcaps | - | 180 |
| St Peters College | - | 17,013 |
| St Teresas School Bluff | - | 256 |
| St Theresas School | - | 1,229 |
| St Thomas School | - | 329 |
| Tertiary Scholarships | 124,200 | 348,500 |
| Verdon College | 3,696 | 3,390 |
| YMCA of Invercargill Charitable Trust | 47,777 | 47,025 |
| Rotary Club of Invercargill North Charitable Trust | 10,000 | - |
| TOTAL | 185,673 | 424,776 |
Transactions with Trustees
Trustees declared interests in relation to organisations that received grants totalling $2,670,542 as detailed below (2012: $2,429,313) during the year. Interests were declared when these grants were considered and Trustees took no part in deliberations relating to organisations they had an interest in.
There are no outstanding balances at balance date.
| 2013 | 2012 | |
|---|---|---|
| T Hicks | ||
| Citizens Advice Bureau Gore | - | 3,185 |
| Community Networking Trust (Eastern Southland) Inc | 45,480 | 60,000 |
| East Gore Primary School | - | 792 |
| Eastern Southland Gallery | - | 51,254 |
| Eastern Southland Basketball Association | - | - |
| Equestrian Sports New Zealand Inc (Southland Showjumping) | 2,500 | - |
| Gore & Districts Community Counselling Centre | 5,000 | - |
| Gore & Districts Community Youth Worker Trust | 5,000 | 5,000 |
| Gore & Districts Senior Citizens Club (Choir Section) | 691 | 684 |
| Gore Branch of NZ Society of Genealogists | - | 1,000 |
| Gore Cancer Support Group | - | 500 |
| Gore Contract Bridge Club Inc | 4,500 | - |
| Gore Dancesport Supporters Group | 1,600 | - |
| Gore District Council | 6,000 | 8,750 |
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NZ Gazette 2013, No 119
✨ LLM interpretation of page content
💰
Financial Report of the Community Trust of Southland
(continued from previous page)
💰 Finance & RevenueFinancial Instruments, Fair Value Hierarchy, Quoted Market Value, Observable Markets, Non-Observable Inputs, Valuation Techniques, Investment Guidelines, Portfolio Valuation, Equity Value, Audited Financial Statements, Trustee Fees
- J Prendergast, Key management personnel with declared interests
- T Hicks, Trustee with declared interests