E.—7.

WORKERS' EDUCATIONAL ASSOCIATION". Statement of Receipts and Payments. Receipts. £s. d. £ s. d. Payments. £ s. d. £ s. d. Balance, Bank of New Zealand, Ist Salaries — January, 1934 .. .. .. 34 10 1 Typist .. .. .. .. 35 17 2 Balance, Auckland Savings - bank, Ist Tutors .. ' .. .. .. 346 12 0 January, 1934 .. .. 96 7 0 Director .. .. .. 413 8 9 — 130 17 1 795 17 11 Interest —Auckland Savings-bank .. .. 2 19 3 Library— Director's salary—Transfer from national-endow- Books .. .. .. .. 61 15 4 ment grant .. .. .. . . 313 17 6 Periodicals .. .. .. 7 7 5 Auckland University Council grant from Carnegie 69 2 9 Corporation for adult education .. .. 615 6 0 Stationery .. .. .. .. .. 29 6 9 Auckland University Council grant from Carnegie General expenses .. .. .. .. 10 0 Corporation for library .. .. .. 153 16 6 Travelling-expenses ... .. .. .. 24 1 0 Caretaking and cleaning .. .. .. 27 7 6 Insurance .. .. .. .. .. 228 Balance, Bank of New Zealand, 31st December, 1934 . . .. .. 8 15 3 Balance, Post Office Savings-bank, 31st December, 1934 .. .. .. 259 2 6 267 17 9 £1,216 16 4 £1,216 16 4 ===== Statement op Income and Expenditure. Expenditure. Income. £ s. d. Salaries— £ s. d. £ s. d. £ s. d. Interest, Auckland Savings-bank .. .. .. 219 3 Staff and tutors .. 382 9 2 Grant for Director's salary, paid by Auckland University Director .. .. 99 11 3 Council .. .. .. .. .. 313 17 6 482 0 5 Excess expenditure over income—TransDirector, paid by Auckland University ferred to — £ s. d. Council .. .. .. 313176 Carnegie emergency grant .. .. 130 17 1 795 17 11 Carnegie grant, adult education .. 432 2 0 Stationery .. .. .. .. .. 29 6 9 Accumulated funds .. .. 65 2 9 General expenses .. .. .. ..100 . 628 I 10 Travelling-expenses .. .. .. .. 24 1 0 Caretaking and cleaning .. .. .. .. 27 7 6 Insurance .. .. .. .. .. 228 Depreciation, library ........ 65 2 9 £944 18 7 £944 18 7 Balance-sheet as at 31st December, 1934. Liabilities. £ s. d. £ s. d. Assets. £ s. d. £ s. d. Carnegie library grant . . . . 153 16 6 Library .. .. .. .. .. 587 10 0 Less purchases, 1934 .. .. 69 2 9 Cash— 84 13 9 Bank of New Zealand . . . 8 15 3 Carnegie grant—Adult education . . 615 6 0 Post Office Savings-bank .. .. 259 2 6 Less expenditure, 1934 .. .. 432 2 0 267 17 9 183 4 0 £ s. d. Accumulated funds .. 583 10 0 Add capital purchases .. 69 2 9 652 12 9 Less depreciation, library . . . . 65 2 9 587 10 0 £855 7 9 £855 7 9

14