E.—2

16.—Statement of Affairs and Balance-sheet of the Whanganui College Board of Trustees for the Year ended 31st December, 1936 —continued. General Account. Dr. £ s. d. Or. £ s. d. Interest .. .. .. .. .. 184 1 0 Rents .. .. .. .. .. 4,759 9 11 Rates .. .. .. .. .. 276 4 9 Commission .. .. .. .. .. 1 16 10 Salaries .. .. .. .. .. 737 10 0 Boys' extras— Audit fee .. .. .. .. .. 23 2 0 School .. .. .. .. .. 72 10 6 Management .. .. .. .. .. 93 15 9 St. George's .. .. .. .. 9 3 4 Office rent .. .. .. .. .. 60 0 0 Garden .. .. .. .. .. 10 14 2 Postages, &c. .. .. .. .. 135 11 1 Printing, &c. .. .. .. .. .. 52 18 6 Repairs and maintenance —Estate .. .. 21 10 5 Legal expenses .. .. .. .. 147 13 4 Contribution to Provident Fund .. .. 535 2 7 2,267 9 5 Transfer from School Account .. .. .. 559 15 3 Transfer from St. George's Account .. .. 1,422 4 1 Transfer to Balance Account .. .. .. 604 6 0 £4,853 14 9 £4,853 14 9 Balance-sheet. Liabilities. Assets. Balance Account at 31st December, £ s. d. £ s. d. £ s. d. £ s. d. 1935 .. .. .. 6,300 12 8 Boys'accounts outstanding— Plus bonuses on — Collegiate School .. .. 2,447 8 10 Insurance policies .. .. 204 14 0 St. George's School .. .. 225 11 9 Transfer from General Account 604 6 0 — 2,673 0 7 7,109 12 8 Rent accounts outstanding .. .. 1,228 19 9 Sundry creditors .. .. .. .. 101 7 1 Collegiate SchoolSchool funds— Buildings .. .. .. 81,705 0 0 Collegian Fund .. .. 179 611 Furniture .. .. .. 2,969 0 0 Camera Club .. .. 3 2 0 Pianos .. .. .. 450 0 0 182 8 11 — 85,124 0 0 Provident Fund .. .. .. .. 7,782 12 1 St. George's School — Mortgages — Buildings .. .. .. 25,797 011 A.M.P. Society .. .. 108,591 5 0 Furniture .. .. .. 1,140 0 0 Less repaid 1936 .. .. 817 10 0 26,937 011 —— Earthquake alterations— 107,773 15 0 Collegiate School .. .. 1,685 0 0 Tayforth land .. .. 1,455 0 0 St. George's School .. .. 1,410 0 0 Grey Street house .. .. 850 0 0 3,095 0 0 —•—■ — — 110,078 15 0 Estate improvements—• Temporary deposits .. .. .. .. 7,652 4 6 Roads .. .. .. 13,004 1 11 Reserve for doubtful debts .. .. .. 638 6 0 Buildings .. .. .. 2,650 0 0 School Prizes Endowment Fund .. .. .. 511 14 0 Block 1b .. .. .. 650 0 0 Scholarship endowments .. .. .. 3,716 19 3 Grey Street house .. .. 973 4 4 Suspense Account— Avenue house .. .. 345 4 11 Accrued interest .. .. 1,383 11 9 • 17,622 11 2 Rates .. .. .. 657 5 9 Tayforth land .. .. .. .. .. 2,093 15 8 Household accounts and sundries 294 8 9 Sinking Funds — ——-— First earthquake loan.. . . 378 5 0 2, 335 6 3 Second earthquake loan .. 229 3 4 Less— £ s. d. St. George's loan .. .. 6,215 17 6 Fees .. .. 145 3 3 6,823 5 10 Sundries .. 162 11 2 Steward's stores on hand .. .. .. 257 12 4 ——-— 307 14 5 Boys'extras paid but not charged — — 2,027 II 10 Collegiate School .. .. 1,222 13 6 Bank of New South Wales .. 9,832 14 5 St. George's School .. .. 171 8 6 Plus unpresented cheques .. 195 7 4 —-— — 1,394 2 0 10,028 1 9 Sundry debtors .. .. ... .. 2,568 8 2 Steward's cash on hand .. .. .. .. 11 16 8 £149,829 13 1 £149,829 13 1 Auditor's Certificate.—l have audited the books and accounts of the Whanganui College Board of Trustees for the year ended 31st December, 1936, and have obtained all the information and explanations required by me. I report that in my opinion the above Balance-sheet is properly drawn up so as to show the true position of the affairs of the Trust according to the best of my information and explanations given to me and as shown by the books.—T. Ballingall, F.P.A.N.Z., Auditor.

Approximate Cost of Paper.—Preparation, not given ; printing (1,300 copies), £167 10s.

By Authority: E. Y. Paul, Government Printer, Wellington. —1937.

Price Is. ( jd.\

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