B.—l [Pt. IV].

14

EDUCATION ENDOWMENT DEPOSIT ACCOUNT. SECONDARY. Revenue Account foe the Year ended 31st March, 1923. To Loan repayments under section 03, £ s. d. £ g, d. Band Laws Amendment Act, 1913.. 10 12 4 By Accrued rents .. .. .. 9,935 17 2 Administration expenses .. .. 504 0 5 ' Interest on cash and investments held Costs of surveys .. .. .. 55 14 5 by Public Trustee .. .. 122 12 7 Refunds of revenue .. .. 159 5 7 Rents written off . . . . . . 3 0 8 Reserve for rents written off ~ 25 0 0 Payments to secondary schools .. 9,085 4 1 Balance .. .. .. .. 215 0 3 £10,058 9 9 £10,058 9 9 £ s. d. £ s. d. To Balance .. .. .. .. 4,529 410 By Balance brought down .. .. 215 0 3 Balance from previous years .. 4,313 18 7 £4,529 4 10 £4,529 4 10 Statement of Receipts and Payments for the Year ended 31st March, 1923. Receipts. £ s. d. Payments. £ s. d. To Balance in Public Account, Ist April, By Payments to secondary schools .. 9,085 4 1 1922 .. .. .. .. 3,103 011 Administration expenses .. .. 474 12 11 Rents, &c, received under Education Refunds of revenue .. .. 121 17 0 Reserves Amendment Act, 1914 .. 10,132 14 5 Balance in Public Account, 31st March, 1923 .. .. .. 3,014 010 £13,296 1 4 £13,296 1 4 Balance-sheet as at 31st March, 1923. Liabilities. £ s. d. Assets. t s. d. Capital .. .. .. .. 214,555 0 9 Land .. .. .. .. 210,019 010 Appreciation in land-values .. .. 2,520 17 0 £ s. d. Sundry creditors .. .. .. 196 12 6 Sundry debtors, for rents .. 1,207 5 4 Rents paid in advance .. .. 0 5 10 Less—Rents written off Royalties paid in advanoe .. .. (I I 0 Suspense, £3 os. Bd. : Balance of Revenue Account .. .. 4,529 410 reserve for rents written off, £25 .. .. 28 0 8 1,179 4 8 Sundry debtors (miscellaneous) .. 17 1.0 11 Cash liold by Public Trustee .. .. 97119 8 Cash in Public Account .. .. 3,614 6 10 £221,802 2 11 £221,802 2 11 J. B. Thompson, Under-Secretary for Lands. J. H. O'Donnell,* Chief Accountant. 1 hereby certify that the Revenue Account and balance-sheet have been duly examined and compared with the copies of journal entries of the District Land Boards submitted for audit, and correctly state the position as disclosed thereby. The Revenue Account includes rent for the period Ist July, 1922, to 30th June, 1923.— G. F. C. Campbell, Controller and Auditor-General.