β¨ Financial Statements
Whanganui Charitable Foundation Limited
Statement of Financial Position as at 31 March 2014
| 2014 | 2013 | |
|---|---|---|
| Assets | ||
| Current Assets | ||
| Westpac trust | 98,031 | 131,481 |
| Term Deposits | 370,000 | 270,000 |
| Accrued Income | 3,017 | 3,046 |
| 471,048 | 404,527 | |
| Non Current Assets | ||
| Property, Plant and Equipment | 6 | 436,043 |
| Total Assets | 907,091 | 930,431 |
| Less Liabilities | | |
| Trust Funds Held | | |
| Heart Fund | 4 | 95 |
| Youth Fund | 4 | 5,500 |
| Disaster Recovery Fund | 4 | 51,717 | 51,717 |
| | 57,312 | 57,312 |
| Current Liabilities | | |
| Accounts Payable | 1,902 | 2,135 |
| GST | 3,227 | 2,826 |
| Total Current Liabilities | 5,129 | 4,961 |
| Total Liabilities | 62,441 | 62,273 |
| Net Assets | 844,650 | 868,158 |
| Represented by Equity | | |
| Capital | 553,091 | 499,345 |
| Property Revaluation Reserve | 291,559 | 368,813 |
| | 844,650 | 868,158 |
NOTE: This statement is to be read in conjunction with the Notes to the financial statements on page 30.
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Whanganui Charitable Foundation Limited Statement of Financial Position for 2014
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π° Finance & RevenueFinancial Statements, Assets, Liabilities, Equity, Whanganui Charitable Foundation, 2014
NZ Gazette 2014, No 95