E.—7.

SCHOOL OF ENGINEERING. Statement of Receipts and Payments. Receipts. £ s. d. Payments. £ s. d. Balance, Ist January, 1934 .. .. .. 4,944 15 11 Salaries .. .. .. .. .. 5,732 10 5 Government grants .. .. .. -. 3,840 9 7 Library books .. .. .. .. 23 110 Students'fees .. .. .. .. 1,897 11 9 Testing fees .. .. .. .. .. 23 14 10 Testing fees .. .. .. •. •. 120 10 0 General expenses — £ s. d. Sundries. £s. d. Heating and lighting .. .. 254 13 6 Interest .. .. .. 149 211 Insurance .. .. .. 48 7 9 Sales, &c. .. .. .. 3 7 6 Printing, stationery, and advertising 59 11 2 152 10 5 Material and apparatus .. .. 159 12 9 Transfers —Museum, Library, and School of Tech- Repairs to buildings .. .. 3 14 nical Science .. ■. .. • • 490 0 0 Sundries .. .. 44 2 11 Testing-expenses .. . < 2 8 0 Administration .. .. .. 187 9 9 759 7 2 Balance .. .. .. .. .. 4,907 3 5 £11,445 17 8 £11,445 17 8 Statement of Income and Expenditure. Expenditure. £ s. d. Income. £ s. d. Salaries .. .. .. .. .. 5,732 10 5 Government grants .. .. .. .. 4,040 9 7 Library books .. .. ..... 23 110 Students'fees .. .. .. .. 1,931 17 9 General expenses — £ s. d. Testing fees .. .. .. ■. .. 92 12 2 Heating, lighting, and power .. 254 13 6 Interest .. .. .. .. .. 169 16 7 Insurance .. .. . < 48 7 9 Sales, &c. .. .. .. .. .. 376 Printing, stationery, and advertising 59 11 2 Transfer from Museum, Library, and School of Material .. .. .. 138 15 2 Technical Science .. .. .. .. 490 0 0 Repairs to buildings .. .. 3 14 Capital —Transfer of balance .. .. .. 731 18 3 Sundries .. .. 44 2 11 Testing expenses .. .. 2 8 0 Administration .. .. .. 187 9 9 738 9 7 Depreciation—Equipment, apparatus, and furniture 966 0 0 £7,460 1 10 £7,460 1 10 Balance-sheet as at 31st December, 1934. Liabilities. Assets. £ s. d. £ s. d. £ s. d. £ s. d. Capital .. .. .. 36,093 11 7 Buildings .. .. .. .. 20,668 6 0 Less income and expenditure .. 731 18 3 Equipment and apparatus .. 9,243 5 4 35,361 13 4 Less depreciation .. .. 924 0 0 Sundry creditors .. .. .. .. 13 15 6 8,319 5 4 Plus purchases, 1934 .. . < 24 16 9 8,344 2 I Furniture and fittings .. .. 423 9 8 Less depreciation .. .. 42 0 0 381 9 8 Library books .. . j .. .. 800 0 0 Sundry debtors —■ Government grants .. .. 200 0 0 Students' fees .. .. .. 51 12 0 Testing fees .. .. .. 22 0 Accrued interest on fixed deposit 20 13 8 274 7 8 Cash .. .. .. .. 4,907 3 5 £35,375 8 10 £35,375 8 10

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