ilumin Annual Trust Questionnaire

A Computerized Accounting Systems
Does the Trust use Xero?

YesNo
If yes, please provide a copy of the last bank statement at balance date:

to be providedN/A

	$$
Cash on hand- Please provide the amount received but not banked at balance date

C Loans, Hire Purchase and Lease Agreements

Please provide the following

	to be provided	N/A
- Copies of any agreements that have been entered into during the financial year
- Details of any agreements repaid or refinanced during the year
Loan account statements for the full year
Friendliness

D Accounts Payable (Creditors)

If the Trust's accounting software does not include accounts payable at year end, please provide the following records:

	to be provided	N/A
-A detailed list of all amounts owing at balance date (GST inclusive) including name, type of expense and amount owing for each creditor.

E Accounts Receivable (Debtors)

If the Trust's accounting software does not include accounts receivable at year end, please provide the following records:

	to be provided	N/A
-A detailed list of all amounts owing at balance date (GST inclusive) including name, type of expense and amount owing for each Debtor.

The total of all Accounts Receivable at at balance date was: $

	Amount $
- What was the original purchase price?
- What was the sale price?

G GST

Note: If ilumin has prepared GST returns on the Trust's behalf, please ignore this section.
- A copy of all workings supporting the figures on your GST returns (unless this has been prepared from the Trust's accounting software)

to be providedN/A

I Foreign Income or Expenses

Where overseas investments are not held within a managed portfolio please provide the following:

	to be provided	N/A
-Details and numbers of shares/units owned at the beginning of the financial year, The market value at that date
- Shares/units sold purchased and sold during the 12 month period, details and numbers owned at the end of the financial year and their market value at the time (if available).

Does the Trust have any foreign bank accounts, credit cards, loans etc. (irrespective of whether it is trust related)?

YesNo

If yes please provide

	to be provided	N/A
- Bank statements for the full year

	to be provided	N/A
- Property manager's statements ( if not already provided during the year)

	to be provided	N/A
- Property, regardless of cost price of the market value e.g holiday home

K Has the nature of the Trust's activities changed during the year?
Please note the change in nature of the Trust:

	to be provided	N/A
If yes, please provide copies.

M General (Please complete)

Please provide the following information:

	to be provided	N/A
- Details of any trust expenses paid from private funds which have not been reimbursed by the Trust (including beneficiary expenses e.g. educational fees paid from private account).

Please provide the Trust's bank account details for income tax refunds: -(i.e. Bank account Name and Number:

N Any other Information
Please provide anything else you would like to make us aware of:

Should be Empty:

	to be provided	N/A
Annual detailed General Ledger
Trial Balance as at Balance Date
Bank Reconciliations as at Balance Date
Bank Statements to confirm the year end closing balance (e.g. if the Trust's year end is march the please provide the final March Statement)

	to be provided	N/A
The Trust's Cashbook (if one is kept) / Spreadsheets (if applicable)
Bank reconciliation as at balance date (if completed)
Bank Statements for the full year

	to be provided	N/a
Cash received during the year not banked - provide a list of any income received that was not banked and details of what it was used for e.g. payment of trust accounts, person expenditure, banked into another account
Petty cash - please provide a summary and analysis of transactions for the year
If the trust had a term deposit during the year, please attach all term deposit statements
Friendliness

	Date	Description	Amount ($)
Asset 1
Asset 2
Asset 3
Asset 5
Asset 6

	Date	Description	Amount ($)
Asset 1
Asset 2
Asset 3
Asset 4
Asset 5
Asset 6

ilumin - Annual Trust Questionnaire

A Computerized Accounting Systems

Systems other than Xero:

A1 Spreadsheets, Manual Cashbook or No System

B Overdraft, Cash, Petty Cash and/or Term Deposits

C Loans, Hire Purchase and Lease Agreements

D Accounts Payable (Creditors)

E Accounts Receivable (Debtors)

F Assets

G GST

H Interest and Dividends, Managed Portfolio Schemes

I Foreign Income or Expenses

J Residential or Commercial Property Rental Business

K Has the nature of the Trust's activities changed during the year?

L Trust details (please complete)

M General (Please complete)

N Any other Information

O Can we assist you with, or would you like to discuss (for your Trust or any other Business that you are involved with):

	to be provided	N/A
- Any direct debits or eftpos transactions are detailed on bank statements
- The source of all deposits not detailed in the deposit books are clearly detailed on the bank statements

	to be provided	N/A
- Agreement for sale and purchase
- Solicitor settlement statements (including copy of legal fee invoice)
- Valuation (if done)
- Details of any borrowings (including copy of the loan document if possible) or loans repaid (from sale proceeds)

	to be provided	N/A
- Resident Withholding Certificates (please note that banks will only issue certificates for interest received over $50. However, the Trust is required to account for all of it's interest income and therefore the Trust should request certificates from it's bank, irrespective of how much interest the Trust earned.)
- Dividend Statements (the payment date is the relevant date to determine whether the dividend statement should be included in the financial period.)

	to be provided	N/A
- The Portfolio quarterly report and valuation reports for the full year
- If the Trust has a current certificate of exemption, please supply a copy

	to be provided	N/A
- Rental income
- Details of Expenses incurred insurance, rates, repairs etc
Responsiveness

	to be provided	N/A
- Details of income earning days
- Days it was used privately
- Days it was unused
- Income from income earning days and "private" days
- Expenses relating to the asset for the year e.g. rates, power, insurance, fuel etc.

	to be provided	N/A
- Details of any changes in the Trustee's (including the name and contact details for a new or retiring Trustee and the date of change).
- Details of any changes in Beneficiaries during the year (including the name, date of birth, address and the IRD number of any new beneficiary and the date of change).
- Copy of Trust Deed (if any Changes)
- copies of any Deeds of Acknowledgement of Debt of Forgiveness in Reduction of Indebtedness actioned during the year.
Details of the Taxables Income of any Beneficiary that we do not complete a personal Income Tax return for and for whom the Trust will pay Tax

	Yes	No
- Do you want us to confirm you categorization?
-Do you want us to attend to the due diligence process including obtain to the information required, review and hold it for the Trustees
- Do you want us to attend to the Trust's CRS reporting requirements?
- The new Trust Act 2019 came into force on 30 January 2021. Are the Trustees comfortable they are meeting all their obligations under the new Act if no, would you like ilumin to contact you to discuss how we can help you?

	Yes	No
- Meeting us more regularly to improve your business performance?
- Setting targets for improved profitability by preparing a budget and controlling the cash flow difficulties by preparing a cash flow forecast?
- Identifying your future direction with a strategic plan and a business plan?
- KPI reporting/benchmarking (annual or quarterly)
- Preparation of periodic financial reports (e.g monthly or quarterly) to assist in the management of your business?
- Ensuring the continuation of your business by developing a succession plan?
- Removing the regular hassle of preparing your GST or other returns (if we are not currently providing assistance) so that you can focus on your business?
- Lowering your overhead cost by having your financial administration (payment of accounts, receipts, banking etc) handled by us?
- Improving productivity through review or recommendations for computerized cashbook, accounting or payroll packages?
- Whether you are achieving the most cost effective and efficient Business Insurance cover?
- Ensuring you have adequate financial cover in the case of accident and/or illness?
- Business acquisition/sale and due diligence to assist you in achieving the right outcome?
- Company formations and/or statutory maintenance of records?
- Do you have upcoming goals, plans or challenges you would like to discuss with us?