ANNUAL REPORT AND ANNUAL REVIEW

 

 

Annual Report Year ended June 2007

 

Gross Machine Profits                                                                $953,903.00.

 

We distributed                                                                             $316,494.00

to charitable organizations.

 

Total cost of equipment (gaming and ancillary)                       $385,568.00

Problem gaming levy                                                                  $  10,538.00

Govt Payments,GST, Gaming Duty                                          $296,769.00

Other Licencing Costs to Dept Internal Affairs                        $  10,782.00

 

The Trustees are :  Trevor Maxwell and Kenneth Hingston.

The Secretary and Administrator is:  Bridget Mullan

The Venue is :  Fentons Bar, Rotorua

The Operator of the Fentons Bar is : Tammie Haira

 

The outlook is for a better turnover.  We have upgraded our machines and put in all the necessary equipment.  The transition to the electronic monitoring system with the Department of Internal Affairs went smoothly and seems to be accurate and efficient.

 

The emphasis of the Trust is to distribute grants to genuine charitable organizations focusing on culture, education, youth and amateur sports applications.

 

 

 


Annual review of criteria, methods etc of our distributions.

 

 

 

Our annual review of the criteria, methods etc for distributing the net proceeds from class 4 gambling was discussed on the 4th March 2008, at the Trustees meeting for the Whakaue Trust.

 

The outcome is that the Trust is happy with the procedures with the emphasis on distributing grants to genuine charitable organizations focusing on culture, education, youth and amateur sports applications.

 

The way the Trust is run can be seen in the donations given out widely in the district/community.

 

 

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