EDUCATION: THE COSTLEY TRAINING INSTITUTION. ("THE COSTLEY TRAINING INSTITUTION ACT, 1885.")

Appendix to the Journals of the House of Representatives, 1887 Session I, E-03a

E.—3a

1887. NEW ZEALAND.

EDUCATION: THE COSTLEY TRAINING INSTITUTION. (" THE COSTLEY TRAINING INSTITUTION ACT, 1885.")

Presented to both Houses of the General Assembly by Command of His Excellency.

COSTLEY TKAINLNG INSTITUTION, AUCKLAND. Statement of Eeceipts and Disbursements for the Year ended 31st December, 1883. Receipts. £ s. d. ! • Disbursements. £ s. d. Balance at Ist January .. .. 511 5 1! On building and site— Mortgage repaid .. .. .. 6,000 0 0 Prom Capital Account .. £3,000 0 0 Fixed deposits matured .. .. 4,400 0 0 Prom Revenue Account .. 478 7 4 Interest on ditto .. .. .. 88 0 0 Interest on loans, received .. .. 735 0 0 Total cost of building, &c. £3,478 7 4 Earnings by boys .. .. .. 4 8 7 j Deduct part purchase of Gifts, &c, to boys .. .. .. 0 5 0 land, charged in 18S5 G47 0 0 : 2,831 7 4 Lent on mortgage— McNicoll .. .. .. .. 1,500 0 0 Cranwell .. .. .. .. 1,500 0 0 Morrin's estate .. .. .. 2,000 0 0 Kissling .. .. .. ... 3,000 0 0 On Furnishing .. .. .. 285 13 5 Repairs and improvements .. .. 29 10 5 Insurance .. .. .. .. 6 15 3 Maintenance .. .. .. 95 8 Bij Library .. .. .. .. ;-> i H 0 General expenses .. .. .. 2!) ] 1 10 Commission .. .. .. 18 s 0 Interest on overdraft .. .. 5 8 5 Paid into boys' savings-bank accounts 1 I 0 Balance in Bank of New Zealand, 31st December .. .. .. .. 423 10 10 Balance in Manager's hands, 31st December .. .. .. .. 7 19 5 T i Total .. .. ..£11,738 18 8 Total .. .. ..£11,738 18 8

Genebal Balance-sheet for the Tear ended 31st December, 1886. Db. Assets. & 8, d. Gb. Liabilities. £ s. d. Investment in land .. .. .. 378 0 0 Capital Account: Amount available for Loans on mortgage .. .. .. 9,000 0 0 investment (£9,378 actually invested).. 9,150 0 0 Balance in Bank of New Zealand to Revenue Account: Amount available for credit of Trustees .. .. .. 423 10 10 the objects of the institution .. G59 10 S!, Cash in Manager's bands .. .. 7 19 5 T ] Total .. .. .. £9,809 10 8J £9,809 10 3-\

Capital Account at 31st December, 1886. & s. a. v «. a. Received from Costley's executors .. 12,150 0 0 Expended on (part) building and site .. 3,000 0 0 — = Lent on mortgage— Mason .. .. £1,000 0 0 Morrin's estate .. 2,000 0 0 McNicoll .. .. 1,500 0 0 Gran well .. .. 1,500 0 0 Kissliiig .. .. 3,000 0 0 9,000 0 0 Land held for investment .. .. 378 0 0 Total .. .. .. £12,378 0 0

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Eevenue Account for the Year 1886. £ a. a. £ s. a. Balance unexpended at Ist January .. 78G 5 1 Expended on building and furnishing, beIncome received .. .. .. 823 0 0 j yond the £3,000 provided from Capital Part of boys' earnings, &c, accruing to the Account .. .. .. .. 764 0 9 institution .. .. .. .. 312 7 Expended on maintenance .. .. 135 18 4£ Expended on commission and general expenses .. .. .. .. 53 8 3 Balance available at 31st December— In cash .. .. .. .. 431 10 3£ In land .. .. .. .. 228 0 0 Total £1- Gl2 17 8 I Total £1,612 17 8 William C. Daldy,^ Shiblby W. Hill, L Trustees. T. M. Haultain, j Examined and found to be correct. —L. A. Durkieu, Auditor. 9th February, 1887. [Approximate Cost of Paper.— Preparation, nil; printing (1,523 copies), £1 7b. M.I

Authority : Obobgb Didsbury, Government Printer, Wellington.—lBB7.