B.—l [Pt. IY]'.B

LANDS AND SURVEY DEPARTMENT—continued. SECONDARY EDUCATION ENDOWMENTS DEPOSIT ACCOUNT —continued. Balance-sheet as at 31st March, 1926. Liabilities. Assets. £ s. d. Capital Account— £ s. d. £ s. d. Land .. .. .. .. .. 205,299 19 11 Capital, including loading for £ s. d. roads, &c. .. .. 186,054 0 9 Sundry debtors for rent .. .. 904 9 2 Appreciation in land-values .. 18,548 11 7 Less reserve for irrecoverable rents 10 13 3 204,602 12 4 893 15 11 Sundry creditors— Sundry debtors for royalties .. .. 0 4 6 Miscellaneous .. .. .. .. 210 0 Postponed rent .. .. .. . . 46 15 0 Rents paid in advance .. .. .. 14 3 4 Miscellaneous sundry debtors .. .. 30 0 0 Consolidated Fund—For compensation for Outstanding rents, suspense .. .. 116 9 improvements and interest .. .. 2,021 4 8 Overpayments to secondary schools.. .. 4,482 16 0 Writings-off in suspense .. .. .. 116 9 Cash held by Public Trustee .. .. 788 5 0 Rotorua College and Grammar School .. 4,482 16 o Cash in Public Account .. .. .. 3,949 810 Rents charged in advance .. .. .. 1,977 10 0 Revenue Account —Balance .. .. .. 2,390 8 10 £215,502 11 11 £215,502 11 11 J. B. Thompson, Under-Secretary for Lands. 16th December, 1926. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Statement of Beceipts and Bayments, Bevenue 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, except —(1) In the case of the District Land Offices of North Auckland, Auckland, Taranaki, Boverty Bay, Wellington, Nelson, Marlborough, and Canterbury the departmental figures have been accepted pending the completion of the local examinations by the Audit Inspectors ; (2) the Capital Account is overstated by the total amount the land was loaded for roading, &c. ; (3) in the opinion of the Audit Office, instalments of principal included in loan-repayments should not be a charge against the Bevenue Account. — G. F. C. Campbell, Controller and Auditor-General. TARANAKI SCHOLARSHIP ENDOWMENT ACCOUNT. (Established under section 22 of the New Zealand University Amendment Act, 1914.) Beceipts and Bayments Account for the Year ended 31st March, 1926. Receipts. £ s. d. Payments. £ s. d. To Balance as at Ist April, 1925.. .. .. 358 1 0 By Payments to Public Trustee in terms of section 22, Rents .. .. .. .. .. 989 14 3 New Zealand University Amendment Act, 1914 852 17 9 Balance—Cash in Treasury Deposit Account on 31st March, 1926 .. .. .. 494 17 6 £1,347 15 3 £1,347 15 3 Revenue Account for the Year ended 31st March, 1926. Dr. £ s. d. Cr. £ s. d. To Payments to Public Trustee in terms of section 22, By Balance brought forward .. .. .. 11l 1 0 New Zealand University Amendment Act, 1914 852 17 9 Accrued rents .. .. .. .. 989 15 0 Balance carried forward .. .. .. 247 18 3 £1,100 16 0 £1,100 16 0 Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 25,893 0 0 Land—Capital value.. .. .. .. 25,893 0 0 Rents charged in advance .. .. .. 247 0 0 Sundry debtors, for rent .. .. .. 0 0 9 Revenue Account—Balance carried forward .. 247 18 3 Cash in Treasury Deposit Account .. .. 494 17 6 £26,387 18 3 £26,387 18 3 J. B. Thompson, Under-Secretary for Lands. 11th October, 1926. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Statement of Receipts and Bayments, Revenue Account, and Balance-sheet have been duly examined and compared with copies of unaudited journal entries of the Taranaki District Land Board, and correctly state the position as disclosed thereby, except that no charge for administration has been made as provided by section 22 of the New Zealand University Act, 1914. —G. F. C. Campbell, Controller and Auditor-General. VICTORIA COLLEGE ENDOWMENT ACCOUNT. Beceipts and Bayments Account for the Year ended 31st March, 1926. Receipts. £ s. .d Payments. £ s. d. To Balance, Ist April, 1925 .. .. .. 66 15 0 By Payment to governing body, .Victoria University Rents .. .. .. .. .. 143 12 6 College, under sections 38 and 39, Victoria Grazing .. .. .. .. .. 59 11 4 College Act, 1905 .. .. .. .. 205 16 6 Balance—Cash in Local Bodies' Deposit Account of the Receiver of Land Revenue, Wellington.. 64 2 4 £269 18 10 £269 18 10

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