13

E.—7

ACCOUNTS AND BALANCE-SHEET. Statements of Receipts and Payments for the Year ended 31st December, 1920. I. General Account. Receipts. £ g d Payments. £ Si ,!_ Balance, Ist January, 1920 .. .. 8,965 19 5 Investments in mortgages and debentures 4,825 0 0 Government grants— Buildings and furniture — Statutory .. .. .. 12,549 2 7 New Science Buildings .. .. 235 17 8 Capitation .. .. .. 202 10 1 New Science Buildings—Furniture . . 407 1 0 Princes Street purchase .. .. 4,700 0 0 Arts Buildings— University of New Zealand — National- Valuation .. .. .. 5 5 0 endowment grant .. .. .. 836 5 7 Disbursements .. .. .. 96 11 11 Endowments — £ s. d. Princes Street leasehold .. .. 4,700 0 0 Rents .. .. 1,274 11 0 Engineering Building .. .. 62 3 5 Less valuation fee 2 2 0 Library .. .. .. .. 486 (i 1 1,272 9 0 Temporary accommodation .. .. 150 12 8 Interest on debentures .. .. 510 0 0 Temporary accommodation —Furniture 101 18 1 Interest—■ £ s. d. Mortgages .. ..96 6 6 Premiums .. .. 17 0 9 Less insurance .. ..108 Less refunds .. 3 610 95 5 10 13 13 11 Debentures .. .. .. 16 0 0 Salaries ... .. .. .. 15,769 3 4 Post Office Savings-bank .. .. 7 810 Printing, advertising, and stationery .. 719 17 0 Mortgage repaid . . .. .. 400 0 0 Cleaning, lighting, and heating .. 299 12 1 Students'fees .. 5,627 0 0 Water and electric power .. .. 36 12 7 Less refunds .. 23 10 0 Insurances .. .. .. .. 54 10 7 5,603 10 0 Lecture requisites .. .. .. 1,444 17 4 Annual examination entrance fees .. 123 18 0 Office expenses .. .. .. 169 11 -2 Music examination entr nee fees .. 90 0 6 Office expenses—Extra clerical expenses 57 5 0 Sale of calendars, &c... .. .. 34 10 3 Audit .. .. .. .. 10 0 0 Donations and subsidies — Annual examination expenses .. .. 36 4 10 New Zealand Society of Accountants .. 75 0 0 Music examination expenses .. .. 47 10 6 Subsidy thereon .. .. .. 75 0 0 Repairs .. .. .. .. 22 15 2 Subsidy (1919) .. .. .. 75 0 0 School of Music .. .. .. 13 6 0 Workers' Ed ucational Association classes— Interest and commission .. .. 2 110 Statutory grant .. .. .. 500 0 0 Travelling-expenses .. .. .. 70 1 9 Subsidy (1919) .. .. .. 115 0 0 Miscellaneous expenses .. .. 9 3 6 Donation.. .. .. .. 20 0 0 Fees paid to lecturers.. 118 0 0 Subsidy thereon .. .. . . 20 0 0 Less refund .. 66 0 0 Refund hall-hire .. .. .. 2 7 3 52 0 0 Miscellaneous receipts .. .. 27 5 9 Balance, 31st December, 1920- — Deposits architectural com- Bank of New Zealand 6,258 11 6 petition .. 100 11 8 Less unprcsented cheque 2 2 0 Less refunds .-. 03 17 0 0,256 9 0 36 14 8 Post Office Savings-bank .. .. 197 7 2 £36,353 7 9 £36,353 7 9 11. Endowment Sales Account. Receipts. £ s. d. Payments. £ s. d. Balance, Ist January, 1920 .. .. 10,240 0 0 Investment in debentures and war-loan certificates .. .. .. 10,246 0 0 £10,246 0 0 £10,246 0 0 Income and Expenditure Account cor the Year ended 31st December, 1920. Expenditure. Income. Buildings and furniture — £s. d. Government grants— £ s. d. Arts Buildings— Statutory .. .. .. 12,549 2 7 Valuation .. .. .. 5 5 0 Capitation .. . . .. 202 10 1 Preliminary expenses .. .. 96 11 11 University of New Zealand—NationalTemporary accommodation .. .. 150 12 8 endowment grant .. .. .. 836 5 7 Temporary accommodation and furniture 101 1.8 1 Endowments— Premiums .. .. .. ■• 13 13 11 Rents .. .. .. .. 1,158 0 0 Salaries .. .. .. .. 15,769 3 4 Debenture interest .. .. 510 0 0 Printing .. .. .. .. 262 910 Interest on invested funds — Advertising .. .. .. .. 195 6 3 Mortgages .. .. 256 10 8 Stationery •.. .. .. .. 262 0 11 Debentures .. .. .. 16 0 0 Cleaning .. .. .. • • 58 6 2 Donations and grants— Lighting .. .. .. .. 241 511 Workers' Educational Association .. 520 0 0 Water .. .. .. .. 22 15 8 Now Zealand Society of Accountants.. 75 0 0 Electric power .. .. .. 13 16 11 Students'fees .. .. .. 5,603 10 0 Insurances .. .. .. -.. 54 10 7 Sundries .. .. .. .. 248 8 9 Lecture requisites .. ■ .. .. 1,444 17 4 Subsidies .. .. .. .. 170 0 0 Office expenses .. .. .. 236 16 2 Miscellaneous receipts .. .. 27 5 9 Sundries .. .. .. .. 251 5 6 Excess of income over expenditure carried to balance-sheet .. .. .. 2,991 17 3 £22,172 13 5 £22,172 13 5