IN TIME TRUST

FINANCIAL ACCOUNTS                                                                        

Annual Financial Statements are filed with the Charities Register, administered by the Department of Internal Affairs. Summarised Financial Statements for the Trust to date are shown below.

Notes

[1] The Trust has a 31 December balance date. Funds are generally transferred to KBS Jumla in January/February, for the start of the school year. New Zealand Bank balances shown at year-end are therefore higher than normal at other times of the year, pending such transfers.

[2] Administration & Website costs to date are just 1.6% of funds received.