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No. 4. — ACCOUNTS AN I) STATEMENTS AS PRESCRIBED BY REGULATIONS, IN TERMS OF SECTION 37 OF THE PUBLIC SERVICE CLASSIFICATION AND SUPERANNUATION AMENDMENT ACT, 1908. 1. (A.) REVENUE ACCOUNT for the Year ended 31st January, 1924. £ s. d. I £ s. (1. To Balance, 31st January, 1923 .. 779,635 5 6 ' By Retiring and other allowances .. 112,861 5 11 Contributions of members .. .. 101,510 8 3 Contribution refunded— Additional contribution from Fiji Co- Cn voluntary retire £ a. d. vornment .. .. .. 37 18 4 ment .. ..14,760 6. 2 Contributions transferred from other On death of member 3,127 3" (i funds .. .. .. .. 83 16 2 On lapse of memberGovernment subsidy— £ s. d. ship .. .. 1,291 14 4 ilndertheAet '.. 43,000 0 0 19,179 4 0 Additional grant (jj Contributions transferred to otber funds 9 13 2 of £25,000 voted Administration expenses— £ s. (I. for yoar to 31st Commission, G.P.O. 313 11 0 March, 1924) .. 20,833 6 8 Commission, Public ■ 63,833 6 8 Trustee.. .. 1,557 17 4 Interest— Office expenses .. 82 12 11 On investments .. 48,524 16 11 Postage and teleOn arrears of con- grams .. .. 84 4 2 tribufcions .. 200 1 6 Travelling - expenses 48,724 18 5 of Board members 103 5 0 Clerical assistance .. 900 0 0 Mecical fees .. 22 1 0 Audit fees .. 50 0 0 3,113,11 5 Balance, 31st January .. 858,661,18 10 £993,825 13 4 £993,825 13 4 COST-OF-LIVINC BONOS ACCOUNTFOR THE YEAR ENDED 31s-r JANUARY, 1924. £ s. d. £ s. d. To Balance due to Consolidated Fund, 31st By Payment of bonus .. .. 4 820 10 2 January, 1923 .. .. .. 5 7 10 Refund from Consolidated Fund, 31st January, 1923 .. .. .. 3,554 4 6 Balance due from Consolidated Fund, 31st January, 1924 .. .. 1,260 17 10 £4,820 10 2 j £4,8201(T2 (B.) BALANCE-SHEET as at 31st January, 192.1. Liabilities. £ s. d. Assets. £ s. d. Fund as per Revenue Account .. 858,661 18 10 Amount held by Public Retiring and other allowances due and Trustee— £ s. d. unpaid .. .. .. .. 1,730 4 1 Invested .. .. 813,337 110 Refund of contributions due and unpaid 2,515 6 11 Uninvested .. .. 50,385 J9 4 Administration expenses unpaid— , 863,723 1 2 Commission, Post and Tele- £ s. d. Contributions of members— graph Department .. 110 17 0 In transit .. .. 4,972 4 3 Reserve for commission pay- Due and outstanding .. 3,253 10 11 able to Public Trustee .. 366 14 0 8,225 15 2 Clerical assistance .. 900 0 0 Interest on investments— Postage and telegrams .. 84 4 2 Due and outstanding .. 2,512 17 8 Office oxpenses, printing Accrued, but not.due.. 12,155 18 8 and stationery.. .. 31 14 0 , 14,668 16 4 Medical fees .. .. 6 6 0 Interest on arrears of contributions due Audit fee .. .. 50 0 0 and outstanding .. .. .. 186 II 4 1,549 15 2 Consolidated Fund, on account eost-of-Unclaimed contributions .. .. 1,652 12 4 living bonus .. .. .. 1,260 17 10 Amounts held pending legislation .. 327 5 5 I Amounts overpaid— Amounts overpaid or paid into fund in Refund of contributions .. .. 3 0V) error .. .. .. .. 5 12 Government subsidy—Statutory grant paid in advanco to 31st December, £ s. d. 1924 .. .. 39,416 13 4 Less portion of additional subsidy (£25,000) voted for year to 31st March, 1924, not yet paid .. 20,833 6 8 18,583 6 8 Vouchers issued but unpaid at 31st January, 1924 .. 7,822 3 1 Less cash in hands of Post i Office .. ■• 4.829 11 10 2,992 11 3 £888, Old 1 10 £8887oiJTriu Education Department, C. E. Crawford, Wellington, 30tlt April, 1924. Secretary, Teachers' Superannuation Board. 1 hereby certify that the Revenue Account and balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby,—G. I*'. C. Campbell, Controller and Auditor-General.

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