B. —1 [PT. IV], Sup. TO 1934.

~,,■..,.,,-• MAOEI ARTS AND. CRAFTS BOARD. Statement of Receipts and Payments foe the Year ended 31st Mabch, 1934. Receipts. ,1 Payments. To Balances at Ist April, 1933 — ■ "£'"&. d. £ s. d. ]By Amounts paid on account of the £ s. d. £ a. d. Bank .. .. .. 394 210 Maori Purposes Fund Control Imprest Account .. .. 19 2 Board — 395 12 0: Tokomaru Bay Carved MeetingNative Department: Grant from house .. .. .. 67 10 2 Consolidated Fund .. .. .. 640 10 0 Tβ Aute College Memorial Hall .. 303 10 0 Maori Purposes Fund Control Board: Carvers'cottages .. ,'. 10 2 6 Grants to pay accounts .. .. 394 14 11 381 2 8 Withdrawals from Deposit Account .. 740 0 0 Workshop equipment and tools .. .. 714 10 Lodgments to Deposit Account .. ... ' 1,160 0 0 Administration expenses— Salaries .. .. .. 405 0 0 Electric light, power, and heating 2 10 10 ;, ■ Freight and cartage .. .. 19 9 0 Fire insurance .. .. 8 9 11 Maintenance of carvers'cottages.. 22 13 4 j Maintenance of motor-car .. 19 7 11 Paint and oil, &c. .. .. 0 118 Postage and telegrams .. .. 114 Repairs and maintenance .. 11 311 Telephone rental .. .. 7 12 7 Cost of timber cruise .. .. 0 16 1 498 16 7 Balance at bank at 31st March, 1934 ... 123 2 10 £2,170 16 11 £2,170 16 11 Income and Expenditure Account for the Year ended 31st March, 1934. Expenditure. Income. To Administration expenses— £ s. d. £ s. d. :By Grants and subsidies: Consolidated £ s. d. £ s. d. Salaries . .. .. .. 405 0 0 FundElectric light, power, and heating .. 210 10 Administration expenses .. .. 640 10 0 Freight and cartage .. .. 3 9 0 Grant for carving material, tools, and Maintenance of carvers' cottages .. 15 8 0 equipment, and accommodation of Fire insurance .. .. .. 4 5 0 carvers and pupils .. .. 24 19 7 Motor-car maintenance .. .. 18 7 2 Maori Purposes. Fund .. .. 5 7 6 Paint and oils, &o. .. .. 0 11 8 — 670 17 1 Postage and telegrams .. .. 18 9 Interest on deposit with Native Trustee .. 13 12 11 Bepairs and maintenance .. 014 9 Surplus on sale of motor-car '.. .. 10 0 0 Telephone rental .. .. 6 15 6 .. Travelling-expenses of staff .. 5 9 2 Depreciation :.. , ~.- ~-,, 16 10 8 i.,j, 480 10 6 Balance, being excess oi income over expenditure .. ... .. .. 213 19 6 ... £694 10 0 £694 10 0 Balance-sheet as at 31st March, 1934. Liabilities. £ s. d. £ s. d. Assets. £ s. d. £ s. d. Accumulated funds at Ist April, 1933 2,030 14 1 Office and workshop fittings .. 15 12 0 Less adjustments previous years .. 367 9 3 Office furniture and equipment .. 51 4 11 Photographic equipment .. .. 20 19 1 1,663 410 'Workshop equipment and tools .. 67 0 8 Excess of income over expenditure for year ~ .. .. .. 213 19 6 „, 154 16 8 1,877 4 4 Less depreciation ... .. 16 10 8 Sundry creditors' .. ':..,. .. .. 16 6 0 . 138 6 0 Te Aute College Memorial Hall expenditure on carvings and interior decorations .. .. .. .. .. 1,161 11 9 Sundry debtors, including payments in ; advance .... .. .. 11 17 3 ':• v „.; I Cash balances — On deposit with Native Trustee .. 458 12 6 0 >i -r - Cash in bank .. :....■. .. 123 210 . . ,ji '- !-.\*;..:,;-.'. ■.•■■'-: ... ... . ■ ....:■: ' ' f< . — , 581 15- 4 ii Oi: £1,893 10 .4; ... .. £1,893 10 4 P. G. Peabce, Under-Secretary. "'■:■. . ~...:, ........ R. Jellicoe, A.R. A.N. Z., Accountant. Thereby certify that the Receipts and. Payments Account, Income and Expenditure 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, subject to the following comments : (1) The asset Te Aute Memorial Hall represents expenditure on timber some of which has been used on assets which are not the property of the Board. There are no stock-sheets to support the unused timber. (2) There were no classified stores or production records in use during the year, nor was there any system in connection with the ordering of the goods. —Gγ. F. C. Campbell, Controller and Auditor-General. -,■:

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