E.—7.

SCHOOL OF MUSIC. (Statement op Receipts and Payments. Receipts. £ s. d. Payments. £ s. d. £ s. d. Government grant .. .. .. .. Nil Salaries . . .. . . 514 15 0 Student fees .. .. .. .. .. 315 0 0 Less grant by Education Board 300 0 0 — 214 15 0 Library .. .. .. .. .. 21 16 1 Sundries .. .. .. .. .. 15 0 3 Balance transferred to Arts and General .. 63 8 8 £315 0 0 £315 0 0 Statement op Income and Expenditure. Expenditure. £ s. d. Income. £ s. d. Salaries .. .. .. .. .. 514 15 0 Government grant .. .. .. .. Nil Sundries . . .. .. .. • ■ 15 14 1 Student fees .. .. .. .. .. 315 0 0 Administration .. .. .. .. 25 0 0 Education Board .. .. .. .. 300 0 0 Balance transferred to Arts and General .. 59 10 11 £615 0 0 £615 0 0 £ s. d. £ s. d. Library purchases, 1935 .. 21 16 I Surplus for 1935 .. .. 37 14 10 £ s. d. 59 10 11 Balance from Income and Expenditure .. 59 10 11 WORKERS' EDUCATIONAL ASSOCIATION. Statement op Receipts and Payments. Receipts. Payments. Balance, Bank of New Zealand, 31st' £ s. d. £ s. d. Salaries. £s. d. £ s. d. December, 1934 . . .. .. 815 3 Director .. .. .. 438 10 10 Balance, Post Office Savings-bank .. 259 2 6 Tutors .. .. .. .. 285 4 4 267 17 9 723 15 2 Interest, Post Office Savings-bank .. .. 719 6 Library— Auckland University Council, grant Books . . .. .. .. 52 3 3 from — Periodicals .. .. .. 14 0 Carnegie Corporation .. .. 860 110 53 7 3 National endowment .. .. 150 0 0 Stationery .. .. .. .. 22 2 8 1,010 1 10 Caretaking .. .. .. .. 5 12 8 General expenses .. .. .. .. 0160 Bank of New Zealand, 31st December, 1935 .. .. .. .. 53 1 6 Post Office Savings-bank, 31st December, 1935 .. .. .. 427 310 480 5 4 £1,285 19 1 £1,285 19 1 Statement op Income and Expenditure. Expenditure. Income. £ s. d. £ s. d. £ s. d. Interest, Post Office Savings-bank .. .. 719 6 Director .. .. .. ■ ■ 438 10 10 Auckland University Council, share of national-endow-Tutors .. .. ■. • • 285 4 4 ment .. .. . . .. . . 150 0 0 723 15 2 Excess expenditure over income transferred to Carnegie Stationery .. .. .. ■ • 22 2 8 grant for adult education .. .. .. 594 7 0 Caretaking .. .. .. • ■ • • 5 12 8 General expenses .. .. .. .. 0 16 0 £752 6 6 £752 6 6 Balance-sheet as at 31st December, 1935. Liabilities. Assets. £ s. d. £ s. d. £ s. d. £ s. d. Carnegie Library grant .. .. 84 13 9 Library .. .. .. .. .. 576 0 0 Less 1935 purchases .. .. 53 7 3 Cash — 31 66 Bank of New Zealand .. .. 53 1 6 Carnegie grant—Adult education .. 1,043 510 Post Office Savings-bank .. .. 427 3 10 Less 1935 expenditure .. .. 594 7 0 480 5 4 ——— 448 18 10 Accumulated funds .. .. 587 10 0 Add Library purchases, 1935 .. 53 7 3 640 17 3 Less depreciation, library ... 64 17 3 576 0 0 £1,056 5 4 £1,056 5 4

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