SPCS

SOCIETY FOR PROMOTION OF COMMUNITY STANDARDS INC.

Why did a Hutt Mana Charitable Trust-owned company go bust?

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Investment Proves far from smart – Hutt News – 11 October 2011 

EDITOR’S VIEW: Local people deserve answers on why a Hutt Mana Charitable Trust-owned company with a good market share and tax advantage went bust.

According to liquidators, EnergySmart’s assets won’t cover an estimated $1.63 million in liabilities.

There’s a three-page list of creditors, and likely to be the end of that line is the trust, which chairman Ian Hutchings admits might have to wave goodbye to the thick end of $2m.

ttp://www.stuff.co.nz/dominion-post/news/local-papers/hutt-news/5763871/Investment-proves-far-from-smart [Read more…]

Three Energy Smart companies – all registered charities – in liquidation

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A major player in the Government’s home insulation scheme has been put into liquidation by the directors of the Hutt Mana Charitable Trust – a registered charity with the Charities Commission, leaving a trail of more than $1.6 million in outstanding bills.

Three limited liability companies that are charities registered with the Charities Commission, were put into liquidation on 19 September 2011: EnergySmart Ltd, EnergySmart Distributors Ltd and EnergySmart Retrofitting Ltd. They are service providers involved in the supply of subsidised home insulation and heating and because they are registered with the EECA (Energy Efficienct Conservation Authority), they can access sizeable government subsidies.  

EnergySmart Ltd, a Wellington-based company, recorded a $13.648 M gross income in the last financial year (ending 31/12/10) and of  this, $2.715 M was spent on salaries and related expenses. Its recorded total liability for the financial year ending 31 December 2010, as recorded on the Charities Commission website, was $4,631,147. A net deficit of $821,018 was recorded for income over expenditure.

The Liquidators have estimated that once all the value of all Energy Smart’s assets have been realised, it will still have a shortfall of at least $1,634,335 – money owed to its creditors (largely suppliers of insulation product).  However, this is clearly a very conservative estimate of its total debt and does not take account of any debt claims by unsecured creditors. [Read more…]

Promoting moral welfare: reflections on true repentence

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With the constant revelations highlighted in the secular media of scandals (sexual infidelities, corruption, financial frauds, etc.) involving professing “Christian” bishops, priests, ministers, pastors and church workers, we must ask ourselves:

How can those genuinely seeking to promote the “moral welfare” of society based on a Judaeo-Christian spiritual framework, continue to do so with integrity, when so many non-Christians accuse them too of sheer hypocrisy and deceit based on the wrongdoing of others? 

Surely it is important and fair-minded to first ask the necessary question: Are the “Christian” individuals and groups actually exposed for proven immorality and corruption, really Christian at all? And second: Are those non-Christians who so boldly point the accusing finger, free from hypocrisy themselves and are they entitled to ‘throw the first stone’?  

Witness the case of Rev. Jonathan Kirkpatrick, 53, a former Auckland University of Technology (AUT) staff member, who recently admitted defrauding the AUT of more than half a million dollars. [Read more…]

Bob McCoskrie: Sex education lets down young people

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Parents have every right to be upset with the current sex education curriculum in our schools – most of it delivered by Government-funded groups.

Judging by the results of the current approach, it has been an utter failure. New Zealand has one of the highest teenage pregnancy rates in the OECD, our STD rates are out of control and the number of teenage girls having abortions continues to rise. Our teenage pregnancy rate is almost twice the rate of Australia and Canada and over four times the rate in Denmark, Japan, Netherlands, Sweden and Switzerland.

The current sex education curriculum operates under the assumption that everyone is doing it or about to do it and therefore they just need to know how to do it “safely”.

…….For those youth who are sexually active, they are not being told the truth. Groups like the Family Planning Association and Rainbow Youth are perpetuating the myth that as long as you use a condom, you can pretty much do what you like.

For complete article go to:

http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10753771

Bob McCoskrie is National Director of Family First NZ – a registered charity with the Charities Commission.