E.—7.

GENERAL ACCOUNT—continued• Balance-sheet as at 31st December, 1931. Liabilities. Assets _ £ s. d. Cash at bank— £ g d t - j Scholarship Fund accounts, &c. .. .. 62,453 6 9 General funds .. .. l 620 14 8 Sundry creditors .. .. .. .. 360 12 11 Trust funds .. .. .. '761 10 0 Library deposits .. .. .. .. 16 16 0 Trust funds (Trust Account) .. 1 282 2 5 School of Economics Account .. .. .. 3,415 1] 8 3 004 7 j . , £ s. d. Gash at Post Office Savings-bank— Accumulated fund .. .. 119,569 10 8 General funds .. . 2 891 12 1 Less balance, Income and Ex- Trust funds .. 6'703 4 1 penditure Account .. 11l 10 2 ... .. . . j . g Debentures and inscribed stock— 119 >458 0 6 General funds .. .. ..3 400 0 0 Less depreciation .. .. 2,846 15 2 Trust funds .. .. ..51'795 9 2 Hfi,6H 5 4 —I 55,195 9 2 Fixed deposits—Bank of New Zealand— General Account .. .. 2,500 0 0 Weir Account .. .. ~ 1,100 0 0 — 3,600 0 0 Accrued interest .. .. .. ~ 990 2 8 Sundry debtors—Memorial window.. .. 68 15 9 Shares —S. A. Rhodes Account (Paparoa Co.) .. .. .. .. 440 0 0 Buildings and equipment (less depreciation)— College buildings .. .. 71,233 4 10 Library books .. .. .. 10,367 0 8 Caretaker's cottage .. .. 383 14 9 Laboratory fittings .. .. 2,009 3 5 Apparatus .. .. 6,507 8 8 Fencing and grounds .. .. 1,751 6 5 Furniture and fittings .. 5,485 2 1 Bicycle-shed .. .. .. 97 5 0 Boring-machine ~ .. 19 16 0 I , o 97,854 110 Land—Site .. .. .. .. 11 ? 450 q 0 £182,857 12 8 £182,857 12 8 WORKERS' EDUCATIONAL ASSOCIATION TUTORIAL CLASSES. Statement op Beceipts and Payments. ~ , Receipts. £ s. d. Payments. £ s d Balance forward .. .. .. .. 164 210 Salaries .. .. .. • .. 924 12 6 Government grants .. .. .. .. 553 0 0 Travelling-expenses .. .. .. .. 103 17 1 Grant Carnegie Corporation .. .. .. 703 11 3 Advertising and printing .. .. .. 34 4 6 Payments from Workers' Educational Association Rent.. .. .. .. ** 47 15 0 branches and local bodies .. .. .. 233 13 0 Grant, Tutor Organizer " !! " " 10 0 0 Transferred from national endowment .. .. 300 0 0 Workers' Educational Association, Christchurch (box circles) .. .. .. .. .. 39 0 6 Discussions courses .. .. .. .. 45 11 0 Apparatus .. .. .. .. # . 110 9 Sundries .. . . .. .. .. 7 14 1 Balance .. . . .. .. , # 749 ] £1>954 7 I 7~ Statement of Income and Expenditure. Expenditure. £ s. d. Income. £ s. d. Salaries .. .. .. .. ~ 924 12 6 Government grants .. .. .. .. 553 0 0 Travelling-expenses .. .. .. .. 103 17 1 Carnegie grant .. ~ .. .. 703 11 3 Advertising and printing .. .. .. 25 17 0 Workers' Educational Association branches and local Rent • • '' . •' '" • ■ • • 43 15 0 bodies .. .. .. .. ~ 233 13 0 Grant, Tutor Organizer .. .. ~ 10 0 0 Transferred from national endowment .. .. 300 0 0 Christchurch Workers' Educational Association (box circles) .. .. .. .. .. 39 0 6 Discussions courses .. .. .. .. 45 11 0 Apparatus and sundries.. .. .. .. 9 4 10 Balance .. .. .. .. .. 588 6 4 £1,790 4 3 £1,790 4 3 Balance-sheet . Liabilities. £ s. d. Assets. £ $ d Balance forward .. .. .. .. 151 15 4 Cash at bank . . .. .. 740 I 8 Balance Income and Expenditure Account .. 588 6 4 £740 1 _8 £740 1 8

3—E. 7.

17