B.—l [PT. IV], SUP. TO 1938.

TARANAKI MAORI TRUST BOARD—continued. Balance-sheet as at 31st March, 1938. Liabilities. Assets, Grants — Compensation grant out-Marae-renovation— £ s. d. £ s. d. £ s. d. standing— £ s. d. £ s. d. £ s. d. Puniho Pa .. .. 285 11 1 Balance as at 31st ParihakaPa .. .. 301 8 0 March, 1937 ..3,000 0 0 Ihupuku Pa .. .. 016 3 Grant due 1937-38 ..5,000 0 0 Kai Iwi Pa .. .. 016 4 8,000 0 0 Manukorihi Pa.. .. 1113 Less grant paid during period .. 5,000 0 0 Meremere Pa .... 44 0 11 3 000 0 0 Oeo Pa .. ..0 4 6 Furniture and fittings— 634 8 4 Balance as at 31st £ s. d. Marae miscellaneous— March, 1937 .. 100 9 6 Kapuni .. 10 0 0 Less depreciation .. 10 1 0 TawhitinuiPa(Otakeho).. 710 0 90 8 6 Parihaka Pa .. 48 17 1 Plus additions .. .. 26 9 0 Waitara celebrations .. 54 18 10 116 17 6 121 5 11 Sundry debtors— Oeo Pa • • .. .. .. 0 4 6 755 14 3 Maori Purpose Board .. .. 25 0 0 Special: Ngaruawahia celebrations .. 46 16 4 West Coast Reserves Beneficiaries Health: Nurses .. .. .. 250 0 0 Association .. .. .. 159 10 9 District Committees .. .. 298 4 0 Bills receivable .. .. .. 88 8 6 1,350 14 7 Miscellaneous .. .. .. 0 16 Administration of the Board — 273 5 3 Reserve for depreciation .. .. 19 8 7 Cash balance— Sundry creditors .. .. .. 81 0 7 (a) In bank .. .. ..1,394 11 8 100 9 2 (b) In hand: Petty cash .. .. 319 1 Appropriation Account — j ggg jq g Balance as at 31st March, 1937 .. 434 0 5 Plus sundry adjustment .. .. 410 II Balance, Income and Expenditure Account .. .. .. 2,898 18 5 3,337 9 9 £4,788 13 6 £4,788 13 6 W. Wakabua, Secretary. 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 comment and exception : Comment.—As Parliament has not provided in the Appropriations for payment of the compensation grant of £3,000, the item " Compensation grant outstanding, £3,000," should not be included in the Balance-sheet as an asset of the Board. Exception.—The Audit Office is unable to certify wholly to the expenditure of the Committees from grants made to them by the Board owing to the non-production at audit, in some instances, of the invoices and receipts necessary to verify the disbursements made from the grants. —J. H. Fowler, Controller and Auditor-General.

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