E.—(i

Statement of Monetary Assets and Liabilities on olsl December, 1917. Awls. £ s. d. Liabilities. £ s d. Cash balances— Buildings Fund .. .. .. ;j,o:s7 II 10 General estate capital .. .. 4312 2 I Buildings Fund .. J ,'250 () 0 Depreciation Fund .. .. ~ 556 2 6 Porter's lodge .. ~ .. I!) 14 2 Pension Fund reserve ~ .. 8 14 I) Electric Organ Fund . . . . 24 13 1 Cash lent on mortgage — General estate .. .. .. 7,441 0 0 Depreciation Fund .. .. .. 2,927 9 9 Porter's lodge .. .. .. 116 0 0 £11,525 15 7 £4,287 11 lo E B. Webb, Bursar. AKAROA HIGH SCHOOL BOARD. Gfnioral Statrmrnt of Accounts for the Year ended 31st December, 1917. Receipts. £ s. d. j Expenditure. £ s. d. Balance in hand and in bank at beginning Endowments— of year-— Proportion of office salaries . . .. 7 7 0 Fixed deposit .. .. .. 710 0 0 Proportion of office expenses .. .. 5 5 0 Current account .. .. .. 59 13 2 Miscellaneous — Endowments -Current income from re- Audit fee, 6s. Bd. ; postage-stamps, serves vested in Board .. .. 283 13 4 J Bs. 4d. .. .. .. .. 015 0 Interest on fixed deposit .. .. 42 12 0 Bank charges and exchange .. .. 0 15 0 Legal expenses .. .. .. 3! 3 0 Fuel and cleaning .. .. .. 10 0 0 Prize, dux medal . . .. .. 3 12 0 Paid to Education Board .. .. 100 0 0 New buildings, additions, or other new works .. . . . . . . 186 8 0 Interest on overdraft .. , . .. 1 18 0 Balance at end of year ~ .. 776 14 6 £1 ,095 18 6 £1 ,095 18 6 Examined and found correct, except that the overdraft at the bank is without statutory authority. R, .1. Collins, Controller and Auditor-General. Statement of Monetary Assets and Liabilities on 31st December, 1917. Assets. £ s. <l. Liabilities. £ s. cl. Fixed deposit .. .. .. 810 0 0 Bank overdraft .. .. .. 4,33 5 6 War bond .. .. .. .. 400 0 0 Payable to Education Board .. .. 100 0 0 £1,210 0 0 £533 5 0 Etienne X. Lelievke, Chairman. G. W. Thomas, Secretary and Treasurer.

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