112

E.—l

Liabilities. Nil. Statement of Bents. £ s. d. Outstanding, 31st December, 1906 ... ... ... ... 142 15 6 Annual charges ... ... ••• ••■ ••• ••• 305 13 0 Cash received ... ... ... ... • • • • • ■ 305 10 0 Outstanding, 31st December, 1907 ... 142 18 6 John Smith, Secretary. Examined and found correct, except that the purchase of section 892, Picton, is without authority of law ; and the use for that purpose of the revenues derived from reserves set apart for secondary education is contrary to provisions of section 17 of " The Secondary Schools Act, 1903."— J. K. Warbukton, Controller and Auditor-General.

NELSON. Statement of Receipts and Expenditure for the Year ending the 31st December, 1907.

Statement of Assets and Liabilities.

Primary. Secondary. Total. Receipts. ialance, 31st December, 1906 ... ,ents of Reserves — Arrears Current £ s. d. 169 15 10 160 5 3 751 3 1 £ 0 112 260 s. d. 9 7 6 0 3 8 £ s. d. 170 5 5 272 11 3 1,011 6 9 Total receipts ... 1,081 4 2 372 19 3 1,454 3 5 Expenditun £ a. d. 635 4 0 88 0 0 26 8 0 £ s. d. £ s. 635 4 88 0 26 8 290 0 14 18 4 4 4 16 2 3 50 0 3 16 0 10 334 3 d. 0 0 0 0 0 0 0 6 0 4 0 7 Nelson Education Board Grey Education Board ... North Canterbury Education Board Nelson College Commissioners' travelling-expenses Valuer-General Inspector of Stock Stationery Secretary's salary Postages, exchange, &c... Bank-charge, keeping account Balance, 31st December, 1907 13 2 0 2 16 0 4 16 0 19 0 33 6 8 2 11 7 0 6 8 273 4 3 290 0 1 16 1 8 0 14 16 13 1 4 0 3 60 19 0 0 0 6 4 9 4 4 Total expenditure ... 1,081 4 2 372 19 3 1,454 3 5

sse is, Balance, Union Bank, 31st December, 1907 £292 12 Less overpaid •■■ ••• 0 9 7 0 £ s. d. £ a. d. £ s. d231 4 3 42 0 0 259 15 0 60 19 4 292 42 362 3 7 0 0 2 11 Cash in hand since paid in Rents outstanding 102 7 11 Total assets ... 532 19 3 163 7 3 696 6 6