B.—l [PT. IV], Sup. TO 1936.

TARANAKI MAORI TRUST BOARD—continued. Balance-sheet as at 31st March, 1936. Liabilities. Assets. Grant authorized but outstanding— £ s. d. £ s. d. Compensation grant outstanding— £ s. d. £ s. d. (a) Marae renovation— Balance as at 31st March, 1935 .. 3,000 0 0 Ihupuku Pa .. .. 0 16 3 Add grant for the year 1935-36 .. 5,000 0 0 Kai Iwi Pa .. .. 0 16 4 Oeo Pa .. .. .. 0 4 6 8,000 0 0 Manukorihi Pa .. .. 1113 Less receipt during the year .. 5,000 0 0 Meremere Pa, Ohangai .. 53 9 3 3 000 0 0 Puniho Pa . . .. 500 0 0 Furniture and fittings— Kaipakopako Pa .. 500 0 0 Balance as at 31st March, 1935 .. 90 4 9 1,056 17 7 Add additions during the year 30 13 3 (b) Sir Maui Pomare Memorial .. 1,021 0 0 ' Less Government grant .. 200 0 0 120 18 0 821 0 0 Less depreciation .. .. 9 5 3 111 12 9 1,877 17 7 Motor-truck— Reserves — Cost price .. .. .. 409 12 0 General reserve .. .. 3,000 0 0 Less depreciation .. .. 81 18 5 Reserve for depreciation .. 19 8 7 327 13 7 3,019 8 7 Payments in advance — Office —Secretary's salary .. .. .. 0 16 Office rent .. .. .. 4 6 8 Appropriation Account— Office phone rental . . .. 4 13 9 Balance as at 31st March, 1935 .. 3,519 14 1 Office P.O. box rental .. .. 1 10 0 Less excess of expenditure over 10 10 5 income .. .. .. 1,434 9 8 Sundry debtors — 2,085 4 5 Oeo Pa .. .. .. 0 4 6 West Coast Reserves Beneficiaries Association .. .. .. 159 10 9 159 15 3 Bills receivable .. .. .. .. 88 8 6 Cash at bank and in hand — (1) At bank — (a) Investment on fixed deposit— General reserve, £2,145 7s. Bd.; Reserve for depreciation, £8 6s. .. 2,153 13 8 Add interest accrued on— £2,145 7s. Bd., 115 days at If per cent., £11 16s. 7d. ; £8 65., 294 days at 2J per cent., 3s. .. 11 19 7 2,165 13 3 (b) On current account .. 1,106 11 4 3,272 4 7 (2) In hand—Cash, £11. 17s. 6d. ; petty cash, 9s. 6d. .. 12 7 0 3,284 11 7 £6,982 12 1 £6,982 12 1 W. Wakarua, Secretary. The Audit Office, having examined the Balance-sheet and accompanying accounts required by law to be audited, hereby certifies them to be correct, subject to the following : Comment—As Parliament has not provided in the Appropriations for the payment of the compensation grant of £3,000, the item " Compensation grant outstanding— Balance as at 31st March, 1935, £3,000," should not be included in the statement of assets. Exception—The Audit Office if unable to certify wholly to the payments made or the expenditure incurred during the year on account of the absence in many instances of receipts for payments made and of invoices or other evidence of services rendered. From an audit point of view the administration of the Board's funds is unsatisfactory, and separate reports relative thereto have beeti furnished to the Minister of Native Affairs and to the Under-Secretary, Native Department.— G. F. C. Campbell, Controller and Auditor-General.

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