H.—2l.

Balance-sheet as at 31st March, 1937. Liabilities. Assets. Capital liability— £ s. d. £s. d. Public subscriptions, including £ s. d. £ s. d. Land .. .. .. 30,000 0 0 net proceeds of carnival .. 85,447 17 1 Buildings .. .. .. 194,175 0 9 Less subscription collection Approach steps and terraces .. 4,300 0 0 expenses .. .. 533 1 5 Ground improvements .. .. 5,551 8 6 — 234,026 9 3 84,914 15 8 Museum exhibits .. .. 50,034 8 4 Accumulated in- Art Gallery exhibits .. .. 27,000 0 0 tcrest on Furnishings .. .. .. 17,740 111 fixed de- Library .. .. .. 488 3 1 posits— £ s. d. Gardening tools .. .. 6 0 2 Public Trustee 13,732 1 7 Mechanical appliances .. .. 87 13 11 Bank of New Cinematograph equipment .. 636 1 0 Zealand .. 105 15 0 Tea-rooms equipment .. .. 604 7 0 Tools .. .. . . 67 17 3 13,837 16 7 Photographic apparatus.. .. 99 14 1 Interest 96,764 6 9 credited to Sir Harold Beauchamp Trust .. .. 217 11 10 Current Ac- Sundry debtors .. .. 182 8 3 count .. 1,380 7 0 Investment, Public Trustee .. 531 311 15,218 3 7 Advances .. .. .. 27 2 5 New Zealand Academy of Pine Cash at bankers .. .. 925 3 0 Arts: Value of picture collec- Cash in hand .. .. . . 16 0 tion .. .. .. 27,000 0 0 1,667 3 7 New Zealand Gov e r n ment contributions — £ s. d. Cash subsidy 100,000 0 0 Cash grant— Carillon Tower .. 15,000 0 0 Employment Fund .. 7,650 0 0 122,651) 0 0 Land .. 30,000 0 0 Museum exhibits .. 50,000 0 0 Museum library .. 485 2 1 Furniture .. 333 0 2 M e c hanical appliances 25 18 11 Tools .. 67 17 3 Photographic apparatus 99 14 1 81,011 12 6 330,794 11 9 Accumulated Fund- —• Profits— Tea-rooms .. .. .. 223 18 2 Sale of catalogues .. . . 34 9 1 Main Income and Expenditure Account .. .. .. 143 0 6 401 7 9 Special reserves— Sir Harold Beauchamp Trust .. 217 11 10 Picture-purchase Fund .. .. 11 10 3 Subscription, Suspense Account .. 10 0 0 Profit, Empire Art Loan Collection 722 9 8 Balance of grant, Chinese Art Exhibition.. .. .. •• 283 15 5 • 1,245 7 2 Sundry creditors .. .. .. .. 234 4 9 £332,675 11 5 £332,675 11 5 F. B. Dwyer, Treasurer. The Audit Office, having examined the balance-sheet and accompanying accounts required by law to be audited hereby certifies them to be correct subject to the following exemption : The expenditure of moneys of the Board on the purchase of a wreath is without authority of law. —J. H. Fowler, Controller and Auditor-General.

Approximate Cost of Paper.—Preparation, not given ; printing (1,050 copies, including illustrations), £27 10s.

By Authority: E. V. Paul, Government Printer, Wellington.—l 937.

Price 9d.}

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