39
TRUST WA I KATO
ANNUAL REPORT
2 0 1 4
INDEPENDENT AUDITOR’S REPORT
ON THE SUMMARISED FINANCIAL STATEMENTS
To the beneficiaries of The Waikato Community
Trust Incorporated
The accompanying summarised financial statements on pages 23 to 38, which comprise the summarised
statement of financial position as at 31 March 2014 and the summarised statements of comprehensive
income, changes in trust funds and cash flows for the year then ended and notes, are derived from the
audited financial statements of TheWaikato Community Trust Incorporated (‘’the trust’’) for the year
ended 31 March 2014. We expressed an unmodified audit opinion on those financial statements in our
report dated 24 July 2014.
The summarised financial statements do not contain all the disclosures required for full financial
statements under generally accepted accounting practice in New Zealand. Reading the summarised
financial statements, therefore, is not a substitute for reading the audited financial statements of The
Waikato Community Trust Incorporated.
Trustees’ responsibility for the financial statements
The trustees are responsible for the preparation of a summary of the audited financial statements,
in accordance with FRS-43
Summary Financial Statements.
Auditor’s responsibility
Our responsibility is to express an opinion on the summarised financial statements based on our
procedures, which were conducted in accordance with International Standards on Auditing
(New Zealand) (ISA (NZ)) 810
Engagements to Report on Summary Financial Statements.
Other than in our capacity as auditor we have no relationship with, or interests in, the trust.
Opinion
In our opinion, the summarised financial statements, derived from the audited financial statements of
TheWaikato Community Trust Incorporated for the year ended 31 March 2014, are a fair summary of
those financial statements, in accordance with FRS-43
Summary Financial Statements.
24 July 2014
Hamilton
