This is the 2026 annual report for Te Rūnanga o Ngāti Kearoa Ngāti Tuara Trust and its Charitable Trust. It contains the agenda, minutes from the 2025 Annual General Meeting held at Kearoa Marae, and reports from the Chair, General Manager, and accountant. The document covers financial statements, investment updates, taiao (environmental) work, stakeholder updates from groups like Karamū Tākina…
This document 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 of Ngāti Kearoa Ngāti Tuara. The report covers the AGM held on 18 October 2025 at Kearoa Marae and includes formal minutes, financial statements, and operational updates.
The AGM minutes record the opening karakia, confirmation of previous minutes, and the Chair's report highlighting a year focused on protecting te taiao, consolidating investments, and strengthening governance. The General Manager's operational overview covers consolidation of investment portfolios with Advice First and Craigs, transition to Ake Accounting, database cleanup identifying 1,800 approved members, and development of a secure digital archive platform.
The financial report presented by Ake Accountant Tanisha Jones covers audited financial statements for the year ending 30 June 2025. Key figures include total investment allocation of approximately $13.5 million with 80% in TAGH and 20% in Craigs Investment Partners, and a 2025 deficit of $55,000 attributed to impairment of the Horohoro partnership and operating expenses. Discussion items include trustee fees, wages, land valuation, and formatting issues with the Canva-prepared report.
The document 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. Taiao report sections cover partnerships with Horohoro School for water monitoring and drone-based observation, review of the Iwi Environmental Plan, and engagement with Iarau for technical environmental contract services.
The report also covers the Charitable Trust section with its own previous minutes, Chair's report, and financial report. Investment updates include details on TAGH returns, SIPO alignment with strategic planning, and rationale for consolidating funds. The document concludes with information on the Ngāti Kearoa Ngāti Tuara Reservations Trust including co-chairs' report, treasurer's report, and proposed minor wording amendment to the Charter.