Annual report for Te Rūnanga o Ngāti Kearoa Ngāti Tuara Trust and Charitable Trust, covering the 2025/2026 financial year. Contains minutes from the AGM held at Kearoa Marae on 18 October 2025, including reports from the Chair, General Manager, and accountant. Includes financial statements, investment updates, operational highlights, and stakeholder updates from Karamū Tākina Trust, Te…
This is the 2026 annual report for Te Rūnanga o Ngāti Kearoa Ngāti Tuara Trust and its associated Charitable Trust. It is intended for iwi members, trustees, and stakeholders. The document includes the agenda, minutes from the AGM held at Kearoa Marae on 18 October 2025, and reports from the Chair, General Manager, and accountant.
The Chair's report highlights a year focused on protecting te taiao, consolidating investments, and strengthening governance. The General Manager's operational overview covers key progress: consolidation of Advice First and Craigs investment portfolios, transition to Ake Accounting, database cleanup identifying 1,800 approved members, development of a digital archive platform, and launch of He Kōrero Tuku Iho initiatives sharing iwi knowledge.
The financial report, presented by Ake Accountant Tanisha Jones, covers audited statements for the year ending 30 June 2025. Key points include incorporation of TAGH investment at fair market value, total investment allocation of approximately $13.5 million (80% TAGH, 20% Craigs), a 2025 deficit of $55,000 attributed to impairment of the Horohoro partnership, and confirmation of Cookson Forbes as auditor.
Stakeholder updates cover Karamū Tākina Trust, Te Pumautanga o Arawa, Central North Island Iwi Collective, Whakapapa Committee, Te Arawa River Iwi Trust, and Te Papa Tākaro o Te Arawa. The Charitable Trust section includes its own Chair's report, previous minutes, and financial report. The document also includes the agenda for Ngāti Kearoa Ngāti Tuara Reservations Trust, with co-chairs' and treasurer's reports.