8.--1 [PT. IV]

TARANAKI MAORI TRUST BOARD Receipts and Payments for the Year ended 31st March, 1942 Receipts Payments Balance — £ £ Grants — £ £ In bank as at Ist April, 1941 .. .. 2,952 Marae renovation .. .. .. 541 In hand (petty cash) as at Ist April, 1941 .. 5 Marae, miscellaneous .. ... .. 110 Withdrawal of fixed deposit .. .. 000 District . . .. .. . . 504 Withdrawal of interest .. .. .. 14 Special: Maori Battalion .. .. .. lfiO 3,571 Education .. .. .. .. 200 Compensation grant .. .. .. .. 5,000 1,515 District grants : Refund . . .. .. .. 50 Administration of the Board— Rent and lighting .. .. . . .. .. 75 Members' allowance and expenses .. 100 Office refund . . .. .. .. .. 12 Secretary's salary .. .. .. 278 Countersigning officer : Honorarium . . 10 Office .. .. .. .. .. 189 577 Balance .. .. .. .. .. .. 6,616 £8,708 £8,708 Reconciliation with Bank Pass-book £ Balance as per pass-book at 31st March, 1942 .. .. .. 1,717 Less cheques outstanding .. .. ~ .. •. 101 1,616 Add compensation grant .. .. .. .. .. 5, 000 Agrees with balance as per cash-book .. .. .. £6,616 Income and Expenditure for the Year ended 31st March, 1942 Expenditure Grants — £ £ Income £ Marae renovation .. .. .. 1,703 Compensation grant .. .. .. .. 5,000 Marae, miscellaneous .. .. .. 100 Rent .. .. .. .. . . .. 75 Special: Maori Battalion .. . . . . 160 Balance : Expenditure over income .. .. . . 99 District.. . . . . .. .. 275 Health: Mobile X-ray unit .. .. 2,200 Education . . . . . . . . 153 4,591 Administration of the Board.. .. .. 387 Office .. .. .. .. .. 196 583 £5,174 £5,174 t Balance-sheet as at 31st March, 1942 Liabilities £ £ ' Assets £ £ Grants — Compensation grant outstanding— Marae renovation .. .. .. 2,535 Balance as at 31st March, 1941 .. 3,000 Marae, miscellaneous .. .. .. 216 Grant due, 1941-42 .. .. .. 5,000 District .. .. .. .. 174 Health .. .. .. .. 2,400 8,000 Reserves .. .. .. 1,119 Less payment during the year .. .. 5,000 Office renovation .. .. 200 3,000 6,644 Furniture and fittings . . .. .. .. 95 * Appropriation Account — Land and building .. .. .. .. 1,488 Balance as at 31st March, 1941 .. .. 6,654 Sundry debtors .. .. .. .. .. 284 Less — £ Office: Payment in advance .. .. .. 5 Office renovation .. .. 200 Cash balances — General reserve .. .. 500 In bank on current account .. .. 6,616 Audit, 1940-41 .. .. 11 War Loan: Duration of war and six months after 1,000 Expenditure over income .. 99 7,616 810 5,844 £12,488 £12,488 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: As Parliament has not provided in the appropriations for the payment of the compensation grant of £3,000, the item " Compensation grant outstanding, £3,000," should not be shown in the Balance-sheet as an asset of the Board. —Cyril G, Collins, Controller and Auditor-General.

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