61

13. I [V'v. IV, Sup. B].

TEACHERS' SUPERANNUATION FUND. Revenue Account for the Year ended 31st January-, 1924. £ s. d. £ s. d. To Balance, 31st January, 1923 .. 779,035 5 0 By Retiring and .other allowances .. 112,801 511 Contributions of members .. .. 101,510 8 3 Contribution refunded — Additional contribution from Fiji Co- On voluntary retire- £ s. d. vernment .. .. .. 37 18 4 mcnt .. .. 14,700 0 2 Contributions transferred from other On death of member 3,127 3 0 funds .. .. .. .. 83 10 2 On lapse of memberGovernment subsidy— £ s. d. ship .. .. 1,291 14 4 Under the Act .. 43,000 0 0 19,179 4 0 Additional grant (g Contributions transferred to other funds 9 13 2 of £25,000 voted Administration expenses-- £ s. d. for year to 31st Commission, G.P.O. 313 11 0 March, 1924) .. 20,833 0 S Commission, Public 03,833, 0 8 Trustee.. .. 1,557 17 4 interest— Office expenses .. 82 12 11 On investments .. 48,524 16 11 Postage and telcOn arrears of con- grams . . .. 84 4 2 tributious .. 200 I 0 Travelling - expenses - 48,724 18 5 ol Board members 103 5 0 Clerical assistance. .. 900 0 0 Medical fees .. 22 1 0 Audit fees .. 50 0 0 3,113 11 5 Balance, 31st January .. .. 858,661 18 10 £993,825 13 4 £993,825 13 4 Cost-of-living Bonus Account for the Ykar ended 31st January, 1924. £ s. d. I £ s. d« To Balance due to Consolidated Fund, 31st I By Payment of bonus .. .. .. 4,820 10 2 January, 1923 .. .. .. 5 7 10 Refund from Consolidated Fund, 31st January, 1923 .. .. .. 3,554 4 0 Balance due from Consolidated fund, 31st January, 1924 .. .. 1,200 17 10 £4,820 10 2 £4,820 10 2 Balance-sheet as at 31st January, 1924. Liabilities. £ s. d. Assets. £ s. d. Fund as per Revenue Account.. .. 858,001 18 10 Amount hold by Public Retiring and other allowances due and Trustee — £ s. d. unpaid .. .. .. .. 1,730 4 1 Invested .. .. 813,337 110 Refund of contributions due and unpaid 2,515 6 11 Uninvested .. .. 50,385 19 4 Administration expenses unpaid — 803,723 1 2 Commission, Post and Tele- £ s. d. Contributions of members— graph Department .. 110 17 0 In transit .. .. 4,972 4 3 Reserve for commission pay- Due and outstanding .. 3,253 10 11 able to Publio Trustee '.. 366 14 t) 8,225 15 2 Clerical assistance .. 900 o 0 Interest on investments — Postage and telegrams .. 84 4 2 Due and outstanding .. 2,512 17 8 Office expenses, printing and Accrued, but not due.. 12,155 18 8 stationery .. .. 31 14 0 14,068 10 4 Medical fees .'. .. 0 0 1) Interest on arrears of contributions due Audit fee .. .. 50 0 0 and outstanding .. .. .. 136 11 4 — 1,549 15 2 Consolidated Fund, on account cost-of-Unclaimcd contributions .. .. 1,052 12 4 living bonus .. .. .. 1,260 17 10 Amounts held pending legislation .. 327 5 5 Amounts overpaid — Amounts overpaid or paid into fund in Refund of contributions .. .. 3 0 0 error .. .. .. .. 5 12 Government subsidy —Statutory grant paid in advance to 31st Decern- £ s. d. ber, 1924 .. .. 39,410 13 4 Less portion of additional subsidy (£25,000) voted for year to 31st March, 1924, not yet paid .. 20,833 0 8 ■ 18,583 0 8 Vouchers issued but unpaid at 31st January, 1924 .. 7,822 3 1 Less cash in hands of Post Office .. .. 4,829 11 10 2,992 11 3 £888,018 1 10 £888.018 1 10 C E. Chawkord, Secretary, Teachers' Superannuation Board. I hereby certify tltat the Revenue Account and balance-sheet have been duly examined and compared with the relative books and. documents submitted, for audit, and correctly state the position as disclosed thereby.—C. F. C. Campbell, Controller and Auditor-General.