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AUCKLAND GRAMMAR SCHOOLS BOARD. General Statement of Accounts for the Year ended 31st December, 1923. Receipts. Payments. Endowments Income Account : — £ s. d. Endowments IncomeJAccount : — £ s. d. Current income from reserves vested In Proportion of office salaries .. .. 51.0 19 I Board .. .. .. .. 9,889 6 6 Proportion of office expenses .. .. 441 4 0 Revenue from secondary-education re- Repairs .. . . .. .. 575 13 8 serves .. .. .. .. 1,176 011 Insurance .. .. .. .. 126 12 4 Interest on moneys derived from endow- Rates .. . . .. .. 722 5 3 ments .. .. .. .. 310 9 4 Interest on mortgages .. .. 55 0 0 Legal expenses .. .. .. 55 510 Travelling-expenses .. .. .. 9 17 6 t Transfers to other accountsGeneral Account, for repairs to buildings .. . . .. .. 740 15 8 Buildings and Sites Account .. 8,144 8 10 £11,382 2 8 £11,382 2 8 Endowments Capital Account :— Endowments Capital Account :— Balance, 31st December, 1922 .. 6,318 15 0 Purchase of other lands .. .. 1,395 0 (I Moneys derived from sale of endowments 2,710 0 0 Balance, 31st December, 1923.. .. 7,033 15 0 £9,028 15 0 £9,028 15 0 New Buildings and Sites Account :— New Buildings and Sites Account :— Government grants for new buildings, &o. — Balance, 31st December, 1922 . . .. 3,650 3 0 Mount Albert School .. .. 1,300 0 0 New buildings, grounds, furniture, apEpsom additions .. .. .. 100 0 0 paratus, &o. (Mount Albert, £1,381 Transfer from Endowments Income Ac- 12s. 6d. ; Mount Eden, £51 7s. 6d. ; count .. .. .. .. 8,144 8 10 Epsom, £211 19s. Od. ; Howe Street, £142 ss. Id.) .. .. .. 1,787 4 1 Principal of loans repaid .. .. 1,000 0 0 Interest on loans for buildings .. .. 21 15 6 Balance, 31st December, 1923 .. ..3,085 6 0 £9,544 8 10 £9,544 8 10 Secondary Department General Ac- Secondary Department General Account :— count : — Teachers'salaries and allowances .. 20,794 4 1 Balance, 31st December, 1922 .. 557 14 11 Incidental oxpenses .. .. .. 5,320 0 0 Government payment for salaries of Government capitation for manual and teachers .. .. .. .. 28,445 14 5 science instruction .. .. 457 5 0 Incidental expenses .. .. .. 4,925 18 5 Voluntary contributions for general pur- Material for manual and science ins true - poses .. .. .. .. 183 9 3 tion .. .. .. .. 129 0 1 School fees.. .. .. .. 1,192 0 0 Maintenance of buildings .. .. 414 18 3 Transfer from Endowments Income Ac- Insurance .. .. .. .. 325 17 5 count .. .. .. .. 740 15 8 Balance, 31st December, 1923 .. 6,111 9 6 £34,799 3 6 £34,799 3 6 Statement of Amounts due lo Board oral of Liabilities as (tl 31st December. 1923. Liabilities. £ s. d. Amounts due to Board. £ ». d. Sundry creditors .. .. .. 549 2 3 Rents accrued and not paid . . .. 419 13 (i Contractors' deposits ... .. .. 65 0 0 Grants due from Government— War bursaries .. .. .. 2 10 0 Science and manual . . .. .. 506 0 6 Various trust accounts.. .. .. 491 0 6 War bursaries .. .. .. 2 10 0 Refundoffe.es .. .. .. 310 0 Subsidy .. .. .. .. 50 0 0 Secondary General Account — Fees ' .. .. .. .. 2 0 0 Salaries due from Department .. 8,737 11 3 Investments .. .. .. .. 4,935 0 0 Balance, current account .. .. 228 18 0 £1,111 8 9 £14,881 13 3