B. —1 [PT. IV], SUP. TO 1929.

21

EDUCATION DEPARTMENT—continued. Income and Expenditure Account —continued. Factory, Wellington. ' .I'. • • ' ' Trading Account. Dr. £ s. d. Gr. £ s. d. To Stocks of material and unfinished work at Ist By Goods manufactured and issued .. .. 2,832 7 10 April, 1928 .. .. .. .. 483 2 1 Sale of rags .. .. .. .. 7 8 8 Issues from Central Store .. .. .. 1,833 17 0 Stock (material) at 31st March, Wages . . .. .. .. .. 863 14 5 1929— £ s. d. Balance (gross profit) to Profit and Loss Account 199 17 6 Part-manufactured goods .. 328 9 5 Material .. .. .. 212 5 1 ' ■ • 540 14 6 £3,380 11 0 £3,380 11 0 Profit and Loss Account. Dr. £ s. d. Gr. £ s. d. To Light and power .. .. .. .. 28 14 0 By Balance (gross profit) from Trading Account 199 17 6 Repairs to plant, &c. .. .. .. 5 18 1 Sundries .. .. .. .. .. 5 14 8 Rent .. .. .. .. .. 30 0 0 Interest on capital .. .. .. 24 0 0 Depreciation on plant, &c. .. .. .. 26 0 0 Head Office administration charges .. .. 15 0 0 Balance (net profit) transferred to Stores Summary Account .. .. .. .. 64 10 9 £199 17 6 £199 17 6 Balance-sheet as at 31st March, 1929. Liabilities. £ s. d. Assets. £ s. d. Capital provided by Treasury, Ist April, 1928 .. 3,484,572 7 1 National Development Account — Education Loans Account— £ s. d. Grants to Education Boards Loans raised .. .. 3,646,501 13 3 and other Boards for Transferred from Consoli- sites, buildings, equipdated Fund .. .. 100,000 0 0 ment, &c., for — £ s. d. 3,746,501 13 3 Elementary education .. 4,409,603 1 .7 Reserve for depreciation .. .. .. 65,214 7 6 Kindergartens .. 5,428 18 7 Boys and girls at service— Secondary education .. 840,949 11 , 4 Wages in hands of Depart- Higher education .. 665,318 9 3 ment .. .. .. .. 89,542 0 0 Technical education .. 702,614 13 10 Sundry creditors — Training of teachers .. 162,743 16 6 General .. .. 40,042 13 2 Education of the blind .. 38,000 0 0 Government Departments 17,119 14 7 — ————- 6,824,658.11 1 —— —— 57,162 7 9 Departmental assets— Amounts paid to Department Land .. .. .. 53,219 .4 6 in advanoe— Buildings .. .. 262,459 0 1 Education Gazette .. 34 13 0 Hydro-eleetric service .. 1,427 510 School Journal .. .. 28 18 2 Water service .. .. 1,024 2 4 Gramophones .. .. 727 13 3 Furniture, fittings, &c. .. 23,176 2 8 Pianos.. .. .. 393 16 3 Farm and other plant, imple1,185 0 8 ments, &c. .. .. 5,809 6 1 School for the Deaf, Sumner — Motor cars and cycles .. 7,494 9 5 Income from bequests for special purposes .. 309 10 11 Typewriters and office apCapital Account—Bequests for special purposes 2,120 16 1 pliances .. .. 1,689 11 3 Stores Suspense Account .. .. .. 167 15 4 Library .. .. 392 18 1 Treasury Adjustment Account .. .. 3,547,846 4 0 i 356,692 0 3 Stocks of material on hand, 31st March, 1929 — School books and requisites 1,919 7 7 General stores .. .. 11,471 511 Farm-produce .. .. 2,147 9 0 Liye-stock .. .. 3,422 12 6 : 18,960 15 0 Stores Deficiency Account .. .. .. 167 15 4 Amounts paid in advance .. .. .. 16 5 0 Sundry debtors— General .. .. 99,826 19 I Less reserve for bad debts .. .. 13,234 3 8 86,592 15 5 Government Departments 666 4 2 87,258 19 7 Official stamps on hand, 31st March, 1929 .. 27 8 7 Cash in Post Office Savings - bank — Sumner bequests .. .. .. .. 309 10 11 Cash in hands of Public Trustee — Sumner bequests .. .. .. .. 2,120 16 1 Cash in hands of Post Office Savings-bank— Wages of boys and girls at service .. .. 89,094 7 11 Cash in Education Loans Account .. .. 38,605 6 1 Cash in hands of Post Office .. .. 561 18 5 Balance from Income and Expenditure Account 3,576,148 8 4 £10,994,622 2 7 £10,994,622 2 7 Note.—The following charges are included for which the Department possesses no parliamentary appropriation : (a) Rental value of offices, kc., as assessed by Public Works Department; (6) interest on capital. T. B. Strong, Director of Education. 0. E. Crawford, A. R.A.N.Z., Accountant. I hereby certify that the Income and Expenditure, Trading, Profit and Loss Accounts, 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, subject to the above departmental notes. —G. F. C. Campbell, Controller and Auditor General.