E.—7

16

Balance-sheet as at 31st December, 1926. Liabilities. , Assets. „ £ s. d. £ s. d. £ s. d. £ s. d. Capital Fund .. .. .. 3,000 0 0 -per-cent. inscribed stock Accumulated income as at (£900) .. .. .. 829 2 6 Ist January, 1926 .. 1,856 3 2 New Zealand Government -Plus excess income over ex- bonds (Soldier Settlement penditure for period ending Loan) .. .. .. 100 0 0 31st December, 1926 .. 81 8 7 929 2 6 1,937 11 9 Auckland Electric-power Board debentures .. .. 600 0 0 Waitemata County Council debentures .. .. 3,200 0 0 3,800 0 0 Cash at Auckland Savingsbank .. .. . . 202 9 3 Cash in hand .. 6 0 0 208 9 3 £4,937 11 9 £4,937 11 9 WORKERS' EDUCATIONAL ASSOCIATION. Receipts and Payments Account. Receipts. ; Payments. Cash at Post Office Savings-bank, Ist £ s. d. Salaries— £ s. d. £ s. d. January, 1926 .. .. .. 487 5 8 Staff .. .. .. 900 0 0 Grant from Auckland University College Lecturing .. .. 1,189 0 6 Council .. .. .. .. 350 0 0 2,089 0 6 Statutory grant .. .. .. 750 0 0 Library .. .. .. 102 1 9 Do lations .. .. .. .. 527 16 1 Travelling-expenses .. .. 75 9 5 Subsidies .. .. .. 311 18 9 Stationery .. .. 7 3 0 Intjrest, Post Offioe Savings-bank .. 910 0 Duplicating .. .. 4 5 0 Office expenses .. .. 2 7 6 Printing .. .. .. 2 16 0 Telegrams, postage, and exchange .. .. .. 0 12 8 Repairs .. .. .. 018 9 General expenses .. .. 1 18 7 20 1 6 Cash, Bank of New Zealand, 31st December, 1926 .. .. .. .. 149 17 4 £2,436 10 6 £2,436 10 6 Income and Expenditure Account. Expenditure. £ s. d. Income. Salaries .. .. .. .. 2,089 0 6 £ s. d. £ s. d. Travelling-expenses .. .. . . 75 9 5 Statutory grant .. .. 750 0 0 Stationery .. .. .. .. 7 3 0 Grant from Auckland College Duplicating .. . . .. .. 4 5 0 Council .. .. .. 350 0 0 Office expenses .. .. .. 2 7 6 1 JOO 0 0 Printing .. .. .. .. 216 0 Donations .. .. .. 527 16 1 Telegrams, postage, and exchange .. 012 8 Subsidies received and due .. 527 16 1 Repairs .. .. .. .. 0 18 9 1,055 12 2 General expenses .. .. .. 118 7 Interest, Post Office Savings-bank .. 910 0 Excess expenditure over income .. .. 19 9 3 £2,184 11 5 £2,184 11 5 £ s. d. £ s. d. Balance carried down .. .. .. 19 9 3 Deficit .. .. .. .. 121 11 0 Library purchases, 1926 .. . . 102 1 9 £121 11 0 £121 11 0 Balance-sheet as at 31st December, 1926. Liabilities. Assets. £ s. d. £ s. d. £ s. d. Accumulated funds, Ist January, 1926 .. 780 18 3 Library .. .. ... 292 12 7 Less excess expenditure over income, 1926 19 9 3 Additions, 1926 .. .. 102 1 9 394 14 4 Furniture .. .. .. .. 10 0 Subsidy due .. .. .. 215 17 Cash, Bank of New Zealand .. .. 149 17 £761 9 0 £761 9