New Zealand Taxpayers' Union Inc.
Financial statements

For the year ended 31 December 2015

I certify that these financial statements have been submitted to and approved by the members at a general
meeting held on the 14th day of December 2016.

Signed: 
Jordan Williams (Executive Director)

Profit Loss

New Zealand Taxpayers' Union inc.
1 January 2015 to 31 December 2015

 

 

 

31 Dec 15
Income
Donations $185,331.00
Interest Income $61.88
Membership subscriptions $11,065.22
Total Income $196,458.10
Less Operating Expenses
Advertising placement $6,951.26
Bank Fees $2,072.35
Board Expenses $193.48
Cleaning $5,193.03
Consulting, Accounting 8 Advisory $227.73
Depreciation on computer and office equipment $3,602.35
Design Creative $5,212.60
Donor and fundraising expenses $2,245.10
Electricity $3,157.32
Entertainment $408.88
General Expenses $4,264.85
Insurance $647.66
Media monitoring $243.48
Merchandise $1,551.63
Office Expenses $1,110.91
Postage Couriers $1,295.58
Printing $4,837.87
Personnel and research costs $93,764.63
Profesional development $789.74
Public and Media Relations $3,363.70
Rent $14,222.36
Stationery Office expenses $977.78
Subscriptions $5,507.95
Telephone Internet $7,662.86
Travel Taxis (fundraising related) $4,791.68
Travel Taxis (unrelated to fundraising) $9,586.79
Volunteer and support expenses $676.60
Web Design Development $204.87
Website Maintenance Hosting $4,491.48
Total Operating Expenses $189,256.52
Ordinary profit $7,201.58
Less extraordinary item
Esgation written-off (pledge from 2014 never $33,000.00
Extra ordinary expense $33,000.00

 

Net Profit



 

Balance Sheet

New Zealand Taxpayers' Union inc.

As at 31 December 2015

 

 

 

 

 

 

 

 

31 Dec 2015

Assets

Bank

lmprest account $1,027.10

Westpac Cheque Account $2,707.69

Total Bank $3,734.79

Current Assets

Accounts Receivable $41,000.00

Total Current Assets $41,000.00

Fixed Assets

Computer and Office Equipment $14,294.50

Less Accumulated Depreciation on Computer and Office Equipment $6,032.61

Total Fixed Assets $8,261.89
Total Assets $52,996.68
Liabilities

Current Liabilities

Accounts Payable $40,374.93

GST 

PAYE Payable $698.47

Rounding $0.82

Unpaid Expense Claims $30.00

Wages Payable Payroll $3,440.97

Total Current Liabilities $41,932.99

Non-Current Liabilities

Loan $9,431.10

Total Non-Current Liabilities $9,431.10
Total Liabilities $51,364.09
Net Assets $1,632.59
Equity
Current Year Earnings $25,798.42
Retained Earnings $27,431.01
Total Equity $1,632.59