✨ Financial Statements
NEW ZEALAND GAZETTE, No. 95
19 AUGUST 2014
Whanganui Community Foundation Incorporated
Consolidated Statement of Financial Position as at 31 March 2014
| Assets | Note | 2014 ($) | 2013 ($) |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | |||
| - Westpac | |||
| - On Call Account | 1,394,981 | 1,106,720 | |
| - Term Deposits | 5 | 11,270,000 | 7,620,000 |
| - Hedging contract | 5 | 463,171 | - |
| Accrued Income | 75,078 | 106,931 | |
| GST | 10,990 | 5,247 | |
| Social Loans | 12 | 154,000 | 62,000 |
| Prepaid expenses | - | 4,867 | |
| Total Current Assets | 13,368,220 | 9,039,770 |
| Non Current Assets | | | |
| Property Plant and Equipment | 7 | 444,039 | 532,737 |
| Investments | | | |
| State Street Global Assets | | | |
| Bonds | 5 | 20,255,681 | 73,196,756 |
| | 5 | 2,038,730 | 2,297,325 |
| Social loans | 12 | 495,334 | 305,834 |
| Shares in listed companies | 5 | 161,500 | - |
| Shares in Te Keke Putea Ltd | 6,7 | 16,500 | 20,750 |
| Total Non Current Assets | | 22,971,745 | 26,353,402 |
| Total Assets | | 37,056,580 | 35,393,181 |
| Liabilities | | | |
| Non Current Liabilities| | | |
| Trust Funds Held | 8 | 57,312 | 57,312 |
| Current Liabilities | | | |
| Accounts Payable | | 61,006 | 48,333 |
| Grants approved but not paid | | 71,930 | 93,407 |
| Accrued employee entitlements | | 25,483 | 14,248 |
| Restructuring provision | | 141,928 | - |
| Total Current Liabilities | | 300,347 | 155,988 |
| Total Liabilities | | 357,659 | 213,300 |
| Net Assets | | 36,698,921 | 35,179,881 |
| Represented by Equity | | | |
| Capital | | 36,407,362 | 34,811,068 |
| Property Revaluation Reserve | 9 | 291,559 | 368,813 |
| Total Equity | | 36,698,921 | 35,179,881 |
Signed on behalf of the Board
Trustee
Trustee
Date:
Date:
NOTE: This statement is to be read in conjunction with the Notes to the Financial Statements on pages 13 to 22.
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NZ Gazette 2014, No 95
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Whanganui Community Foundation Incorporated Annual Report 2014
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💰 Finance & RevenueConsolidated Statement, Financial Position, Assets, Liabilities, Equity, 2014, 2013
- Trustee
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