E.—7

42

Statement of Receipts and Payments. Receipts. Payments. £ s. d. £ s. d. Salaries— £ s. cl. £ s. d. Balance, Ist January .. .. .. 1,397 10 11 Professors, lecturers, etc. .. 7,140 0 0 Government grants— Cleaning and caretaking .. 100 2 6 Statutory grant .. .. 2,000 0 0 7,240 2 6 Statutory grant —Specialization .. 1,311 10 0 Administration expenses .. .. .. 344 19 6 Material and apparatus .. .. 200 0 0 General expenses— Capitation for technical instruction 937 10 0 Insurance .. .. .. 59 13 8 Special apparatus .. .. 382 19 8 Heating, lighting, and power .. 523 0. 6 4,831 19 8 Printing and stationery .. ... 11l 17 6 Students'fees .. .. .. .. 2,239 5 9 Advertising .. .. .. 18 17 10 Testing fees .. .. .. .. 291 15 9 Laboratory stores— Fees for certificate of associateship .. .. 5 5 0 Mechanical .. .. .. 19 16 10 Fees for timber-testing .. .. .. 187 10 0 Electrical .. .. .. 23 13 2 Sales .. .. .. .. .. 012 0 Apparatus, &c, for civil engineering Transfers from College— and surveying .. .. 23 17 0 General .. .. .. 826 10 0 Apparatus for applied mechanics Exhibitions .. .. .. 80 0 0 and electrical engineering .. 55 15 3 Museum, Library, and School of Tech- Apparatus— nieal Science endowment .. 875 0 0 Hydraulics .. .. .. 69 4 2 1,781 10 0 Electrical engineering .. .. 30 17 10 Interest— General supplies .. .. 71 8 3 General Account .. .. 1 13 7 Upkeep of plant—Repairs to maContingencies Reserve Accoun* .. 84 10 10 chinery .. .. .. 410 8 86 4 5 Sundries .. .. .. 75 8 8 Library books .. .. .. 76 1 6 Repairs to buildings .. .. 28 0 6 Timber-testing .. ' .. .. 45 310 Testing-expenses .. .. 10 18 6 Handbooks .. .. .. 12 11 2 1,260 16 10 Transfers— Salary of assistant fireman .. 137 0 0 Salary of assistant in mathematics.. 55 0 0 Ground-rent .. .. .. 60 0 0 252 0 0 Exhibitions— General .. .. .. 120 0 0 British Thomson Houston Co. .. 24 18 11 General Electric Co. .. .. 50 2 0 195 0 11 Special Government grant —Apparatus .. 312 7 4 Buildings .. .. .. .. 168 6 0 Balance .. .. .. .. 1,048 0 5 £10,821 13 6 £10,821 13 6 WORKERS' EDUCATIONAL ASSOCIATION. Balance-sheet as at 31st December, 1927. Liabilities. Assets. £ s. d. £ s. d. £ s. d. £ s. d. Capital .. .. .. 18 12 2 Equipment and apparatus .. .. 98 17 6 Plus transfer, income and expenditure .. 205 4 I Less depreciation .. .. .. 917 9 88 19 9 223 16 3 Library books.. .. .. .. .. 50 0 0 Government subsidies .. .. .. 254 711 Sundry debtors —Government subsidies .. .. 30 0 0 478 4 2 Cash .. .. .. .. .. 538 15 10 Carnegie grant for books .. .. .. 225 16 5 Sundry creditors ~ ~ ~ .. 315 0 £707 15 7 £707 15 7