E.—7

24

Statement of Income and Expenditure. Expenditure. £ s. d. | Income. £ s. d. Scholarships .. .. .. .. .. 150 0 0 | Interest .. .. .. .. .. 230 10 11 Premium on debenture .. .. .. .. 500 Excess income over expenditure .. .. .. 81 10 II £230 10 11 £230 10 11 Balance-sheet as at 31st December, 1929. Liabilities. £ s. d. Asset*. £ s. d. £ •s. d. Capital Fund.. .. .. .. .. 3 ,500 0 0 Investments— £ s. d. Northcote Borough Council debenAecumulated funds .. .. 474 16 4 tures, 6 per cent. .. .. 3,000 0 0 Add excess income over expenditure 81 10 11 Waitemata County Council deben- — 550 7 3 tures, 6 per cent. .. .. 500 0 0 Auckland City Council debentures, 5 J per cent. .. .. .. 400 0 0 Mount Eden Borough Council debentures, 5f per cent. .. 100 0 0 4,000 0 0 Cash at Auckland Savings-bank .. .. 56 7 3 £4,056 7 3 I £4,056 7 3 NEW ZEALAND PERPETUAL PUREST SCHOLARSHIP. Statement op Receipts and Payments. Receipts. £ s. d. Payments. £ s. d. £ s. d. Cash at Auckland Savings-bank, Ist January, 1929 .. 274 910 Scholarships .. .. .. 370 0 0 New Zealand Perpetual Forests, Ltd. .. .. 400 0 0 Less refund .. .. .. 25 0 0 Interest, Auckland Savings-bank .. .. 7 1 10 — 345 0 0 Cash at Auckland Savings-bank, 31st December, 1929 .. .. .. .. 336 11 8 £681 11 8 £681 11 8 JOHN COURT SCHOLARSHIP. Statement of Receipts and Payments. Receipts. £ s. d. Payments. £ s. d. Cash at Auckland Savings-bank, Ist January, 1929 .. 26 1 7 Scholarship . . . . .. .. .. (iO 0 0 Interest — £ s. d. Balance, Auckland Savings-bank, 31st December, 1929 26 18 3 Hauraki Plains County Council .. 60 0 0 Auckland Savings-bank .. .. 0 10 8 60 16 8 £86 18 3 £80 18 3 Statement of Income and Expenditure. Expenditure. £ s. d. Income. £ s. d. Scholarship .. .. .. .. .. 60 0 0 Interest .. .. .. .. .. 60 16 8 Excess income over expenditure .. .. .. 0 16 8 £60 16 8 £00 10 8 Blance-sheet as at 31st December, 1929. Liabilities. £ s. d. Assets. £ s. d. Capital Fund .. .. .. .. 1,000 0 0 Investment —Hauraki Plains County Council deben- £ s. d. ' tures .. .. .. .. .. 1,000 0 0 Accumulated funds .. .. 26 1 7 Cash at Auckland Savings-bo «1( .. .. .26 18 3 Add excess income over expenditure.. 0 16 8 26 18 3 £1,026 18 3 £1,020 18 3 I