✨ ASB Community Trust Financial Statements
2956 NEW ZEALAND GAZETTE, No. 105 29 AUGUST 2014
Our firm has provided taxation services to the Trust and Group. In addition to these services during the year ended 31 March 2014, the Trust and our firm entered into a memorandum of understanding ("the Agreement"). Under this Agreement, the firm may provide professional advice, pro bono, to selected beneficiaries as identified by the Trust whose professional activities align with the objectives of the firm’s national communities programme. This Agreement does not represent a business relationship between the firm and the Trust, nor does it create any obligation upon either party, however, it may result in our firm providing service, pro bono, to a grantee of the Trust. Subject to certain restrictions, partners and employees of our firm may also deal with the Trust and Group on normal terms within the ordinary course of trading activities of the business of the Trust and Group. These matters have not impaired our independence as auditor of the Trust and Group. The firm has no other relationship with, or interest in, the Trust and Group.
Opinion
In our opinion the financial statements on pages 1 to 31:
- comply with generally accepted accounting practice in New Zealand;
- give a true and fair view of the financial position of the Trust and the Group as at 31 March 2014 and of the financial performance and cash flows of the Trust and the Group for the year then ended.
Report on other legal and regulatory requirements
In accordance with the requirements of sections 16(1)(d) and 16(1)(e) of the Financial Reporting Act 1993, we report that:
- we have obtained all the information and explanations that we have required; and
- in our opinion, proper accounting records have been kept by ASB Community Trust as far as appears from our examination of those records.
KPMG
1 July 2014
Auckland
NZ Gazette 2014, No 105
✨ LLM interpretation of page content
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ASB Community Trust Financial Statements
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💰 Finance & RevenueFinancial Statements, Community Trusts, Investment Portfolio, Credit Risk, Bond Ratings, Interest Rate Swaps, Surplus, Cash Flow, Operating Lease Commitments, Capital Commitments, Contingent Liabilities, Audit Report
- KPMG