E.—7.

GENERAL ACCOUNT—continued. Balance-sheet as at 31st December, 1934. Liabilities. £ s. d. Assets. Scholarship Fund Accounts, &c. .. .. 62,720 18 8 Cash at Bank of New Zealand — £ s. d. £ s. d. Weir House —Capital and liabilities .. .. 52,113 12 5 General Account .. .. 1,760 9 6 Sundry creditors .. .. .. .. 159 10 8 Trust Funds .. .. ... 534 19 2 £ s. d. 2,295 8 8 Accumulated Fund .. .. 110,899 011 Cash at Post Office Savings-bank— Less balance Income and Ex- General Account .. .. 151 19 7 penditure Account, £112 Trust Funds .. .. .. 4,394 10 1 18s. Id.; depreciation, £2,679 4,546 9 8 17s. 9d. .. .. .. 2,792 15 10 Debentures —General Account .. .. 3,400 0 0 108,106 5 1 Debentures and inscribed stock—Trust fxinds 52,105 9 2 S. A. Rhodes Account: Shares —Paparoa Co. 330 0 0 Weir Hostel loan .. .. .. 2,681 0 0 Sundry debtors .. .. .. .. 85 13 6 Accrued interest .. .. .. 799 3 4 Buildings and equipment (less depreciation) — £ s. cl. College buildings .. .. 66,120 13 4 Library books .. .. 10,321 14 8 Caretaker's cottage .. .. 329 0 5 Laboratory fittings .. .. 2,009 3 5 Apparatus .. .. .. 6,077 16 11 Fencing and grounds .. .. 1,751 6 5 Furniture and fittings.. .. 5,272 10 10 Bicycle-shed .. .. 97 5 0 Boring-machine .. .. 21 1 8 S. A. Rhodes (office equipment) 91 4 7 Carnegie Library books — General . < .. .. 1,131 12 7 W.E.A. .. . - .. 70 0 3 93,293 10 1 Land—Site .. .. .. .. 11,450 0 0 Weir House —Assets .. .. .. 52,113 12 5 £223,100 6 10 £223,100 6 10 WORKERS' EDUCATIONAL ASSOCIATION TUTORIAL CLASSES. Statement op Receipts and Payments. Receipts. Payments. £ s. d. £ s. d. £ s. d. £ s. d. Salaries— Balance forward .. .. .. .. 50 011 Director ~ .. .. 67 10 0 Received from Carnegie Trustees .. 769 2 6 Secretary .. .. .. .. 91 6 8 Less sum transferred to Workers'Educa- Organizer discussions .. . 67 10 0 tional Association Library.. .. 153 16 6 Tutors .. .. . . - ■ 197 0 0 615 6 0 423 6 8 Workers' Educational Association, Wellington .. 40 0 0 Rent .. .. •.. •. • - 50 0 0 Sale of desk .. .. .. .. .. 17 0 Boxes and discussion courses .. .. .. 71 16 2 Discussions courses —Per J. C. Beaglehole .. .. 33 17 6 Sundries ~ .. .. • j .. 174 Travelling-expenses .. .. .. .. 15 13 0 Balance at Bank of New Zealand —General Account 178 8 3 £740 11 5 £740 11 5 Statement op Income and Expenditure. Expenditure. £ s. d. Income. £ s. d. Salaries . - .. .. .. •. 423 6 8 Received from —■ Rent .. . t .. .4 .. 50 0 0 Carnegie Trustees . 4 ■. ■. ■ ■ 615 6 0 Discussion courses and boxes .. .. .. 7116 2 Workers' Educational Association, Wellington .. 40 0 0 Sundries .. .. .. •• -■ 174 Sale of desk .. .. .. .. .. 170 Travelling-expenses .. .. .. .. 15 13 0 J. C. Beaglehole, for discussion courses .. .. 33 17 6 Balance .. .. .. .. .. 128 7 4 £690 10 6 £690 10 6 Balance-sheet as at 31st December, 1934. Liabilities. £ s. d. Assets. £ s. d. Trust Fund. 31st December, 1933 .. .. .. 50 011 Cash at Bank of New Zealand—General Account .. 178 8 3 Balance, Income and Expenditure Account.. .. 128 7 4 £178 8 3 £178 8 3

3—E. 7.

17