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New Zealand Gazette – 2014 – No. 88

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✨ Financial Statements Notes

4 AUGUST 2014

NEW ZEALAND GAZETTE, No. 88

2477

THE COMMUNITY TRUST OF MID & SOUTH CANTERBURY INC

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2014 (Continued)

2013 Name	Organisation	Association
Sally Marsh	South Canterbury Women\'s Wellness Centre Inc	Employee

The above employees absent from any decision making meetings involving their associated organisations.

13. Rental

The Trust records an internal charge for "rental" between the Community Trust operating activity and the Community House to reflect the utilisation of the Community House for Community Trust activities.

The Rental for the year to 31 March 2014 totalled $11,844 (2013 : $11,844).

14. Operating Leases

Operating Lease as Lessor
The Trust leases out premises and car parks on non-cancellable operating leases. The future minimum lease Rentals are as follows:

Minimum Rentals due	Current
	$
31 March 2014	90,193
31 March 2013	92,870

The leases have no fixed duration and can be cancelled by notice at any stage by either party. The future minimum rentals are expected to stay at the same level as the current rentals due.

15. Securities
The Trust has provided a registered security to Fuji Xerox Finance Limited over the photocopier. This security is due to expire on 25 March 2016.

Gazette.govt.nz — NZ Gazette 2014, No 88

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✨ LLM interpretation of page content

💰 Notes to the Financial Statements for The Community Trust of Mid & South Canterbury Inc (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFinancial Reporting, Related Party Transactions, Trustees, Staff Associations, Rental, Operating Leases, Securities
👱🏽 Names

Sally Marsh, Employee of South Canterbury Women's Wellness Centre Inc

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