53

B.—l [Pt. IV, Sup. B].

STATE ADVANCES OFFlCE—continued. HOUSING ACCOUNT—continued. Statement of Management Expenses Account fob the Year ended 31st March, 1924. Dr. £ s. d. Or. £ s. d. To Advertising .. .. .. .. 27 I I 4 By Administration expenses .. .. .. 727 6 4 Audit Office services .. .. .. 250 0 0 Transfer fees .. .. . . .. 102 0 0 Cartage .. .. .. .. .. 58 16 9 Balance transferred to Profit and Loss Account 3,024 7 2 Cleaning, lighting, heating, and messenger services .. .. .. .. .. 15 0 0 Contingencies .. .. .. .. 20 17 3 Fees paid for special services in respect of securities .. .. .. .. 307 17 4 Labour Department services .. .. 583 6 8 Postages and telegrams . . .. .. 24 15 11 Post Officc services .. .. .. 25 18 6 Printing and stationery .. .. .. 250 0 0 Rent .. .. .. .. .. 51 13 4 Salaries and wages.. .. .. .. 2,212 1 5 Solicitors' costs .. .. .. .. 17 9 6 Travelling-expenses .i! .. .. 8 5 6 £3,853 13 6 £3,853 13 6 Wm. Waddel, Superintendent. R. Robertson, Accountant. The Audit Office, having examined the balance-sheet and accompanying accounts and compared them with the relative books, documents, and securities, hereby certifies them to be in accordance therewith. —G. F. 0. Campbell, Controller and Auditor-General. LOANS TO EMPLOYERS FOR WORKERS' DWELLINGS ACCOUNT. Statement of Liabilities and Assets as at 31st March, 1924. Liabilities. £ s. d. Assets. £ s. d. Sundry loans .. .. .. .. 3,975 0 0 Investment Account—Principal owing by mortluterest on loans accrued but not due .. .. 43 12 3 gagors .. .. .. .. .. 3,453 7 7 Sinking Fund .. .. .. .. 12 3 Sinking Fund investments held by Public Debt Sinking Fund Branch .. . . .. *27 8 6 Interest on mortgages— £ s. d. Overdue .. .. ..11337 Accrued .. .. .. 4 12 5 — 117 16 0 Sundry debtors .. .. .. .. 90 14 1 Profit and Loss Account . . .. .. 7 12 0 Cash in hand and in bank at 31st March, 1924 .. 322 16 4 £4,019 14 6 £4,019 14 6 * This amount includes the sum of £26 6s. 3d. capital paid into the sinking fund in accordance with the Public Debt Extinction Act, 1910. Statement of Profit and Loss Account for the Year ended 31st March, 1924. Dr. £ s. d. Cr. £ s. d. To Balance Interest Account .. .. 316 9 By Balance—Loss for the year .. .. 316 9 £3 16 9 £3 16 9 £ s. d. £ s. d. To Balancc as at 31st March, 1923 .. .. .. 315 3 By Balancc .. .. .. .. .. 712 0 Loss for the year .. .. .. ..3169 £7 12 0 £7 12 0 Statement of Interest Account for the Year ended 31st March, 1924. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. To Interest on loans .. .. 178 17 6 By Interest on mortgages .. .. 89 17 0 Less accrued at 31st March, 1923.. 43 12 3 Less interest overdue and accrued at 135 5 3 31st March, 1923 .. .. 32 12 3 Interest on loans accrued but not due .. 43 12 3 57 4 9 Interest on mortgages — Overdue at 31st March, 1924 . . 113 3 7 Accrued but not due at 31st March, 1924 .. .. .. 4 12 5 117 16 0 Balance transferred to Profit and Loss Account .. .. .. .. 3 16 9 £178 17 6 £178 17 6 Wm. Waddel, Superintendent. R. Robertson, Accountant. The Audit Office, having examined the balance-sheet and accompanying accounts and compared them with the relative books, documents, and securities, hereby certifies them to be in accordance therewith.—G. F. C. Campbell, Controller and Auditor-General.