Notice Type
Charitable Trusts
Notice Title

CAWTHRON INSTITUTE TRUST BOARD

Publication of Disclosures

The CAWTHRON INSTITUTE TRUST BOARD is a charitable trust established in accordance with the Thomas Cawthron Trust Act 1924 to oversee the Cawthron Institute.

Pursuant to section 14(3) of the Thomas Cawthron Trust Act 1924, the annual balance sheet and statement of accounts for the CAWTHRON INSTITUTE TRUST BOARD are hereby notified as follows:

Financial Performance
for the year ended 30 June 2014

2013

$000’s

Per Audited Accounts

 

2014

$000’s

Per Audited Accounts

22,123

Income from research contracts, analytical services, consultancy & other scientific projects, lease income and other income 23,133

(20,527)

Expenses including depreciation (21,946)

1,596

Net operating surplus 1,187

272

Enterprising Partnership Fund income 28

2,168

Divestment Costs -

4,035

Net surplus 1,215

(131)

Community initiatives (287)

3,905

Trust Surplus 928

Financial Position
as at 30 June 2014

2013

$000’s

Per Audited Accounts

 

2014

$000’s

Per Audited Accounts

  The Institute’s Trust Capital is represented by:  

1,755

Trust capital 1,755

142

Special bequests 143

400

Trust investment funds 400

5,355

Reserves and provisions 5,355

12,526

Accumulated funds 13,204

20,178

Total Trust Capital 20,857
  Trust Capital funds the following Net Assets:  

265

Working capital (141)

19,625

Fixed assets 22,878

(152)

Long term liabilities (2,320)

440

Trust investments 440

20,178

Total Net Assets 20,857

Movement in Equity
for the year ended 30 June 2014

2013

$000’s

Per Audited Accounts

 

2014

$000’s

Per Audited Accounts

16,542

Opening balance 20,178

3,905

Trust Surplus 928

(270)

Trust Board Distribution (250)

1

Bequests movement 1

20,178

Closing Balance 20,857

 

R. DICKINSON, Chairman.

Audited by Crowe Horwath New Zealand Audit Partnership.