Gazette.govt.nzPublication 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. The charitable purpose of Cawthron Institute is advancement of science to benefit Te Tau Ihu and Aotearoa New Zealand, with a focus on natural resources.
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 |
|||
|
2020 |
2021 |
||
|
$000’s |
$000’s |
||
|
45,097 |
Income from research contracts, analytical services, consultancy & other scientific projects, lease income and other income |
43,598 |
|
|
43,250 |
Expenses including depreciation |
43,114 |
|
|
1,847 |
Net operating surplus |
484 |
|
|
- |
Revaluation of land and buildings |
1,766 |
|
|
1,847 |
Trust Surplus |
2,250 |
|
|
Financial Position |
|||
|
2020 |
2021 |
||
|
$000’s |
|
$000’s |
|
|
The Institute’s Trust Capital is represented by; |
|||
|
9,938 |
Asset revaluation reserve |
11,704 |
|
|
146 |
Special projects and bequests reserve |
130 |
|
|
26,522 |
Accumulated comprehensive revenue and expenses |
27,022 |
|
|
36,606 |
Total Trust Capital |
38,856 |
|
|
Trust Capital funds the following Net Assets; |
|||
|
6,372 |
Working capital |
4,222 |
|
|
35,234 |
Fixed assets |
39,628 |
|
|
(5,000) |
Long term liabilities |
(4,994) |
|
|
36,606 |
Total Net Assets |
38,856 |
|
|
Movement in Equity |
|||
|
2020 |
2021 |
||
|
$000’s |
$000’s |
||
|
34,759 |
Opening balance |
36,606 |
|
|
- |
First year of NZ Rivers Trust brought in |
- |
|
|
1,847 |
Trust Surplus |
484 |
|
|
- |
Revaluation of land and buildings |
1,766 |
|
|
36,606 |
Closing Balance |
38,856 |
|
JOHN PALMER, Chairman.
Cawthron Financial Statements Have Been Audited by Crowe New Zealand Audit Partnership.