DPA New Zealand

Annual Report 2001

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Auditors' Report and Financial Statements

We have audited the financial report on pages 25 to 28. The financial report provides information about the past financial performance of Disabled Persons Assembly (New Zealand) Inc and its financial position as at 30 June 2001. This information is stated in accordance with the accounting policies set out in Note 1 to the Financial Statements.

1. Executive Committee's Responsibilities

The Executive Committee is responsible for the preparation of a financial report, which fairly reflects the financial position of the Assembly as at 30 June 2001 and of the results of operations for the year ended 30 June 2001.

2. Auditors' Responsibilities

It is our responsibility to express an independent opinion on the financial report presented by the Executive Committee and report our opinion to you.

3. Basis of Opinion

An audit includes examining, on test basis, evidence relevant to the amounts and disclosures in the financial report. It also includes assessing:

We conducted our audit in accordance with generally accepted auditing standards in New Zealand except that our work was limited as explained below. We planned and performed our audit so as to obtain all the information and explanations which we considered necessary in order to provide us with sufficient evidence to give reasonable assurance that the financial report is free from material misstatements, whether caused by fraud or error. In forming our opinion we also evaluated the overall adequacy of the presentation of information in the financial report.

Other than in our capacity as auditors we have no relationship with or interests in the Assembly.

4. Fundamental Uncertainty

The Assembly is reliant on Government and Grant funding. The financial statements have been prepared on a going concern basis, the validity of which is dependent upon continued funding from outside organisations. Should either the Government or Grant funding be withdrawn, the going concern basis may be invalid and provision would have to be made for any possible loss on realisation of the Assembly's assets.

5. Qualified Opinion

In common with other organisations of a similar nature, control over income prior to its being recorded is limited and there are no practical audit procedures to determine the effect of this limited control.

In this respect alone we have not obtained all the information and explanations that we have required.

In our opinion, except for adjustments that might have been found to be necessary had we been able to obtain sufficient evidence concerning income, the financial report on pages 25 to 28 fairly reflects the results of its operations for the year ended 30 June 2001.

In our opinion the financial report on pages 25 to 28 fairly reflects the financial position of the Assembly as at 30 June 2001.

Our audit was completed on 7 September 2001 and our qualified opinion is expressed as at that date.

6. Financial Statements

6.1 Statement of Financial Position As at 30 June 2000

CURRENT ASSETS

Account Name LAST YEAR THIS YEAR
B.N.Z. - CURRENT ACCOUNT 9,370 3,085
PETTY CASH ON HAND 100 25
PREPAYMENTS 2,568 5,662
ACCOUNTS RECEIVABLE 2,747 930
TOTAL CURRENT ASSETS 14,784 9,702

FIXED ASSETS

Account Name LAST YEAR THIS YEAR
FIXED ASSETS AT COST 57,641 60,966
ACCUMULATED DEPRECIATION -42,635 -49,277
FIXED ASSETS BOOK VALUE 15,006 11,689

INVESTMENTS

Account Name LAST YEAR THIS YEAR
BNZ CALL ACCOUNT 0 26,881
BNZ FINANCE LTD 25,600 0
TOTAL INVESTMENTS 25,600 26,881
TOTAL ASSETS 55,390 48,273

LESS: CURRENT LIABILITIES

Account Name LAST YEAR THIS YEAR
ACCOUNTS PAYABLE 18,398 18,495
MEMBERSHIP IN ADVANCE 6,739 8,113
PROVISION FOR HOLIDAY PAY 3,608 3,415
TRUST FUNDS - DPA REGIONS 24,141 17,707
G.S.T. PAYABLE 2,220 1,452
TOTAL CURRENT LIABILITIES 55,107 49,182
NET BOOK VALUE OF ASSETS 284 -909

REPRESENTED BY: ACCUMULATED FUNDS

Account Name LAST YEAR THIS YEAR
ACCUMULATED FUNDS BROUGHT FWD -27,336 284
CURRENT YEAR SURPLUS / (DEFICIT) 27,620 -1,193
TOTAL ACCUMULATED FUNDS $284 -$909

6.2 Statements of Financial Performance For the year ended 30 June 2001

DPA PRESENCE INFORMATION AND ADVICE

INCOME

Account Name LAST YEAR THIS YEAR
INTEREST RECEIVED 858 858
OTHER INCOME - ADMINISTRATION 26,597 18,778
SUBSCRIPTIONS 19,894 21,986
DONATIONS 18,213 7,206
LOTTERY BOARD 52,000 50,000
DSS DIAS CONTRACT 97,777 97,777
ADVOCACY PROJECT ADMIN 600 1,200
INTERNATIONAL PROJECT ADMIN 9,056 9,056
MONITORING OF SERVICES ADMIN 6,000 6,000
TOTAL INCOME 185,864 230,995

LESS EXPENSES

Account Name LAST YEAR THIS YEAR
ACCIDENT INSURANCE 946 860
PUBLICITY 14,378 17,487
AUDIT FEES - SHARE 1,350 1,350
BAD DEBTS WRITTEN OFF 0 53
BANK CHARGES 145 131
COMMITTEE EXPENSES 22,296 22,927
DEPRECIATION 6,384 6,642
GENERAL EXPENSES 1,015 1,262
INSURANCE 350 134
MOTOR VEHICLE EXPENSES 11,798 14,427
POSTAGE AND COURIERS 4,093 4,276
PRINTING AND STATIONERY 9,429 6,350
PROFESSIONAL FEES 959 2,200
OFFICE ACCOMMODATION 2,184 2,183
REGIONAL SUPPORT 4,527 2,226
REPAIRS AND MAINTENANCE 1,501 748
SALARIES AND WAGES 103,469 99,027
STAFF TRAINING 693 1,158
SUBSCRIPTIONS & PUBLICATIONS 1,656 2,028
TELECOMMUNICATIONS 3,659 3,572
TRAVEL / ACCOMMODATION 2,097 2,120
INTERNAL    
TREATY PARTNERSHIP (TRANSFER) 3,400 3,400
MONITOR LEGISATION (TRANSFER) 12,170 12,170
TOTAL EXPENSES 208,498 206,631
EXCESS INCOME OVER EXPENDITURE $22,497 $7,466

ADVOCACY TRAINING - HUMAN RIGHTS PROJECT

INCOME

Account Name LAST YEAR THIS YEAR
LEGAL SERVICES BOARD 5,300 0
OTHER INCOME 491 0
TOTAL INCOME 5,791 0

LESS EXPENSES

Account Name LAST YEAR THIS YEAR
AUDIT FEES - SHARE 300 300
TELECOMMUNICATIONS 2 2
TRAVEL / ACCOM / COURSE COSTS 2,900 0
ADMINISTRATION FEE (TRANSFER) 600 1,200
TOTAL EXPENSES 3,802 1,502
EXCESS OF INCOME OVER EXPENDITURE $1,989 -$1,502

NATIONAL ASSEMBLY & CONFERENCE

INCOME

Account Name LAST YEAR THIS YEAR
NZDRC 444 0
WORKBRIDGE 5,000 0
REGISTRATION FEES 3,440 13,623
OTHER INCOME 2,907 404
GRANTS & DONATIONS 2,050 22,800
TOTAL INCOME 13,841 36,827

LESS EXPENSES

Account Name LAST YEAR THIS YEAR
GENERAL EXPENSES 46 1,321
POSTAGE AND COURIERS 703 840
PRINTING AND STATIONERY 9,143 12,162
REFUNDS 120 422
SALARIES AND WAGES 2,150 2,813
TELECOMMUNICATIONS 285 329
TRAVEL AND ACCOMMODATION 3,731 25,717
TOTAL EXPENSES 16,178 43,603
EXCESS INCOME OVER EXPENDITURE -$2,337 -$6,777

TREATY PARTNERSHIP

INCOME

Account Name LAST YEAR THIS YEAR
DPA ADMINISTRATION (TRANSFER) 3,400 3,400
OTHER INCOME 3,053 0
TOTAL INCOME 6,453 3,400

LESS EXPENSES

Account Name LAST YEAR THIS YEAR
POLICY DEVELOPMENT    
TELECOMMUNICATIONS 57 258
TRAVEL & ACCOMODATION - INTERNAL 503 402
ADVISORY SUPPORT 0 0
TRAVEL & ACCOMODATION - INTERNAL 4,105 0
TELECOMMUNICATIONS 813 1
TOTAL EXPENSES 5,478 661
EXCESS INCOME OVER EXPENDITURE $975 $2,739

INTERNATIONAL LINKAGES

INCOME

Account Name LAST YEAR THIS YEAR
DPI EVENTS INCOME 300 0
RI EVENTS INCOME 0 6,869
DSS DIAS CONTRACT 35,556 35,556
TOTAL INCOME 35,856 0

LESS EXPENSES

Account Name LAST YEAR THIS YEAR
RI SECRETARIAT 178 3,404
DPI SECRETARIAT 3,174 2,650
RI EVENTS 7 17,149
DPI EVENTS 1,803 0
AUDIT FEES - SHARE 800 800
GENERAL EXPENSES 0 528
OFFICE ACCOMMODATION 5,700 5,700
SALARIES AND WAGES 10,500 10,500
ADMINISTRATION FEE (TRANSFER) 9,056 9,056
TOTAL EXPENSES 31,217 49,789
EXCESS INCOME OVER EXPENDITURE $4,639 -$7,362

MONITORING OF SERVICES

INCOME

Account Name LAST YEAR THIS YEAR
DSS DIAS CONTRACT 35,556 35,556
TOTAL INCOME 35,556 35,556

LESS EXPENSES

Account Name LAST YEAR THIS YEAR
AC LEVY 271 284
AUDIT FEES - SHARE 1,000 1,00
GENERAL EXPENSES 323 48
POSTAGE & COURIERS 0 27
PRINTING AND STATIONERY 14 71
OFFICE ACCOMMODATION 5,700 5,700
SALARIES AND WAGES 20,155 19,905
TELECOMMICATIONS 443 423
TRAVEL AND ACCOMODATION 540 755
ADMINISTRATION FEE (TRANSFER) 6,000 6,000
TOTAL EXPENSES 34,446
EXCESS INCOME OVER EXPENDITURE $1,110 $1,343

MONITORING OF LEGISLATION

INCOME

Account Name LAST YEAR THIS YEAR
DPA ADMINISTRATION (TRANSFER) 12,170 12,170
TOTAL INCOME 18,500 12,170

LESS EXPENSES

Account Name LAST YEAR THIS YEAR
GENERAL EXPENSES 323 26
PRINTING AND STATIONERY 166 359
PROFESSIONAL FEES 1,250 0
SALARIES AND WAGES 11,145 8,675
TELECOMMUNICATIONS 2 47
TRAVEL AND ACCOMMODATION 538 162
TOTAL EXPENSES 13,424 9,269
EXCESS INCOME OVER EXPENDITURE -$1,254 $2,901

CONSOLIDATED STATEMENT

Account Name LAST YEAR THIS YEAR
DPA PRESENCE - INFO & ADVICE 22,497 7,466
ADVOCACY TRAINING - HR PROJECT 1,989 (1,502)
NATIONAL ASSEMBLY & CONFERENCE -2,337 -6,777
GOAL: TREATY PARTNERSHIP 975 2,739
GOAL: INTERNATIONAL LINKAGES 4,639 7,362
GOAL: MONITORING OF SERVICES 1,110 1,343
GOAL: MONITORING OF LEGISLATION -1,254 2,901
NET OVERALL RESULT $27,620 1,193

6.3 Statement of Movement in Equity For the year ended 30 June 2001

ACCUMULATED FUNDS

Account Name LAST YEAR THIS YEAR
AS AT 30 JUNE 2000 -27,336 284
NET SURPLUS / (DEFICIT) FOR YEAR 27,620 -1,193
ACCUMULATED FUNDS AS AT 30 JUNE 2001 $284 909

7 Notes to the Financial Statements For the year ended 30 June 2001

7.1 STATEMENT OF ACCOUNTING POLICIES

Reporting Entity

Disabled Persons Assembly (NZ) Inc is a registered incorporated society under the Incorporated Societies Act 1908. These financial statements have been prepared in accordance with generally accepted accounting practice. The report represents the financial position of DPA national secretariat only. It does not include any financial information relating to the activities of DPA's Regional Assemblies.

Measurement Base

The general accounting policies recognised as appropriate for the measurement and reporting of results and financial position, and unless stated, is historic cost.

Specific Accounting Policies

7.2. ACCUMULATED FUNDS

It has been decided, given DPA's limited capital, that all accumulated funds be grouped together and disclosed as one balance, rather than separated out into core activities.

7.3. FIXED ASSET SCHEDULE

The following gives detail of the cost or valuation of assets and depreciation written off to date:

Accumulated Book Value

Account Name Cost Depreciation 30/06/01
Computer Equipment 41,285 -35,700 5,585
Furniture & Fittings 19,681 -16,577 6,104
  $60,966 -$49,277 $11,689

Accumulated Book Value

Account Name Cost Depreciation 30/06/00
Computer Equipment 40,865 -29,924 10,941
Furniture & Fittings 16,776 -12,711 4,065
  $57,641 -$42,635 $15,006

7.4 CONTINGENT LIABILITIES AND COMMITMENTS

No contingent liabilities or commitments existed at 30th June 2001 (2000 nil).

7.5 OPERATING LEASES

Rent Lease

The commitment at balance date relating to the rent lease, including Goods and Services Tax, for the following five years:

Rent lease Due Date 2001/2002 2000/2001
Due in less than 1 year $13,599 $13,599
Due between 2 & 5 years $1,133 $14,732
Due in greater than 5 years 0 0
Total $14,732 $28,331

This represents Disabled Persons Assembly (NZ) Inc lease commitment on property rental via the FAB Partnership. If any party to that partnership defaulted the level of commitment may be adjusted accordingly.

Motor Vehicle Lease

The commitment at balance date relating to the motor vehicle lease, including Goods and Services Tax, for the following five years:

Vehicle Lease Due Date 2001/2002 2000/2001
Due in less than 1 year $7,546 $8,897
Due between 2 & 5 years $11,089 $2,224
Due in greater than 5 years 0 0
Total $18,636 $11,121

More from the 2001 Annual Report

Index . Vision, Mission, Philosophy . Acknowledgements . President's Report . Chief Executive's Report . National Executive . Goal 1: Providing Leadership . International Relations . Charter for the Third Millennium . RI Social Commission . Vocational Commission . Leisure, Recreation and Sport Commission . Goal 2: Quality Advice . Goal 3: Advocating . Goal 4: Monitoring . Financial Statements

For previous reports contact gen@dpa.org.nz.