B.—l [PT. IV].

SMALL-FARMS SCHEME. Revenue Account foe the Year ended 31st March, 1935. £ s. d. £ s - d - To Interest on capital provided from Public Works By Rents receivable •• 7,274 111 io on capiwii F 16,358 17 0 Interest receivable on— £ s. a. iuna .. •• •• •• 4.'004 9 4 Current Account advances .. 6,733 2 5 Rents payable . • • • • • • • » g Instalment mortgages .. 966 0 4 Interest payable .. • ■ " " 44 3 S Advances under share-milking Administration and travelling-expenses .. 4 agreements .. 3,507 10 7 Losses written off .. •• •• •• g 8 11,206 13 4 Sundry expenses .. • • • • • • Surplus realized on disposal of land .. .. 26 10 10 Sundry receipts .. • • • • • • " 610 Balance: Loss carried down .. •• 0,0<4 w w £21 - 897 £ sd. £ s. d. , q 178 'Q 1 Bv Balance, 31st March, 1935: Loss carried To Balance, Ist April, 1934 3,17» o a forward •• •• 6,550 18 10 Loss brought down, 31st March, 1935 .. 3,372 9 9 forward .. _j £6,550 18 10 £6,550 18 10 Note—No charge for the cost of exchange on payments made in London is included in the account. Balance-sheet as at 31st March, 1935. r . ...... Assets. £ s. d. U abilities. Land 120,053 2 11 C Xw\c A Works¥und .. ..486,581 13 f ' ' Development expenditure on land .. ..138,801 14 10 t-uD-nc worKS runu Live-stock and chattels .. •• ..17 6 M Value of land donated ■ ■ 488,210 13 1 Advances to small-farm oocupiers— Loan from Unemployment Board .. • • 6,320 18 9 18 8 Crown Lands Account: Land set aside for small g gjek an d chattels .. 19,347 17 6 National Endowment Account: Land set aside for ! " 6 ' 7 72 15 10 small farms •• •• •• •• ' — 175,113 0 7 Sundry creditors— . j Advances under share-milking agreements .. 55,255 19 10 State Advances Department : £ s. d Realization Account: Properties in course of Purchase pnee of land .. 7,165 0 0 realization 3,438 5 9 Rent •• •• Sundry debtorsDepartmental .. 'qs7 0 Rent owing by small-farm oe- £ s. d. Miscellaneous •• 10 10;653 9 n CU piers 8,844 3 1 Principal instalments: sharePayments m advance— u 3 milkers'loans .. 2,455 13 0 Rent . . . I', ,'' M. ' Principal instalments: InstalPrincipal instalments: Share- ment mortgage .. .. 33 911 milkers'loans .. -30 19 Interestn^ rest -ii >i 14.1 8 9 Share-milkers'loans •• 1,663 8 4 Share-milkers loans • • Instalment mortgages . • 69 10 8 Current Account .. •• u - Current Account .. .. 8,23115 6 Instalment mortgage .. « * Departmental .. .. 1,180 110 Miscellaneous •• •• 1:i 3 Miscellaneous •• •• 201 13 9 , , . 22,679 16 1 Accrued interest on expenditure on blocks being g g ? Rent paid in advance 816 0 developed • * " " ' 368 18 3 Postponed principal: Instalments on share-milkers' Rent Adjustment Account .. • • • ■ gB6 11 10 loans .. • • • • • • • • 20 13 2 Writings-off in Suspense .. Interest on expenditure on blocks being developed 8,835 11 10 Treasury Adjustment Account Interest Adjustment Account .. •• •• 1,116 4 4 Losses in Suspense .. ■ • • • • • 886 11 10 Revenue Account: Balance carried forward .. 6,550 IS 10 £550,082 19 9 £550,082 19 9 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. T hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and I hereby cert y documents submitted for audit, and correctly state the position as disclosed »1— Tt ° following comment i. appended: The «count thereby, subject to tne 1 expenses incurred by Departments administering the scheme, other than a rf of ooti Id F. C. 0« Controller and Auditor-General.

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