This is the annual report of Te Rūnanga o Ngāti Kearoa Ngāti Tuara Trust and its Charitable Trust, covering the 2025-2026 year. It contains the agenda, minutes from the Annual General Meeting held at Kearoa Marae on 18 October 2025, and reports from the Chair, General Manager, and accountant. The document is for iwi members, trustees, and stakeholders of Ngāti Kearoa Ngāti Tuara.
This document is the annual report of Te Rūnanga o Ngāti Kearoa Ngāti Tuara Trust and its associated Charitable Trust, for the year ending 30 June 2025. It is intended for iwi members, trustees, and stakeholders, and includes the agenda, minutes, and reports from the Annual General Meeting held on 18 October 2025 at Kearoa Marae.
The report opens with the agenda, which covers karakia, apologies, and the business of both the Rūnanga Trust and the Charitable Trust, as well as the Ngāti Kearoa Ngāti Tuara Reservations Trust. The vision and mission statements are presented, along with guiding principles based on Ngāti Kearoa Ngāti Tuaratanga, kaitiakitanga, and manaakitanga.
The AGM minutes record the meeting proceedings, including the confirmation of previous minutes, the Chair's report highlighting a strong year focused on protecting te taiao and consolidating investments, and the General Manager's operational overview. Key operational updates include the consolidation of investment portfolios, the exit from a nursery partnership, a transition to Ake Accounting, and the development of a digital archive platform.
The financial report, presented by the accountant from Ake Accountants, covers the audited financial statements for the year ending 30 June 2025. It details total investment allocation of approximately $13.5 million, a deficit of $55,000 attributed to impairment and operating expenses, and the appointment of Cookson Forbes as auditor. Discussion points include trustee fees, wage costs, and land valuation.
The document also includes stakeholder updates from 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. An investment update and highlights section follow, along with separate sections for the Charitable Trust's previous minutes, Chair's report, and financial report.