B.—l [PT. IY], SUP. TO 1936.

TUWHARETOA TRUST BOARD—continued. Statement of Income and Expenditure fob the Year ended 31st March, 1936. Expenditure Income. £ s. d. Grants — £ s. d. £ s. d. Grant from New Zealand Government .. .. 3,000 0 0 Medical .. .. .. .. .. 220 5 9 Interest, Post Office Savings-bank .. .. 0 3 7 Educational .. .. .. .. 242 8 9 Marae .. .. .. .. .. 363 9 0 Miscellaneous .. . . . . .. 453 18 11 Indigent Natives . . .. .. .. 9 0 0 Members— Allowances .. .. 57 0 0 Travelling-expenses .. .. 34 11 6 91 11 6 Office expenses — Rent .. .. .. 15 12 0 Secretary's salary .. .. 78 0 0 Printing, &c. . . .. .. 5 4 9 98 16 9 Petty cash expended .. .. .. .. 8 0 10 Sundry unclassified expenses .. .. .. 63 4 2 Depreciation Assets Reserve .. .. .. 318 0 Debenture interest .. .. .. .. 210 0 0 Interest, sundry debtors, written off .. .. 927 5 11: Balance carried down.. .. .. .. 308 4 0 j £3,000 3 7 £3,000 3 7 £ s. d. £ s . d. Balance carried forward .. .. .. 10,364 1 7 Balance brought down .. .. .. 308 4 0 Balance brought forward .. .. .. 10,055 17 7 £10,364 1 7 £10,364 1 7 Balance-sheet as at 31st March, 1936. Liabilities. Assets. £ s. d. £ s. d. £ s. d. Taupo property .. .. .. .. 400 0 0 Reserve for depreciation .. .. .. 35 2 0 Office furniture .. . . .. .. 42 2 9 Suspense Account .. .. .. .. 8 15 Office appliances .. .. .. .. 17 7 0 Debenture Issue Account sold .. 1,000 0 0 Bank of New Zealand, Rotorua .. .. .. 767 19 7 Tongariro Timber-owners' Claim Ac- Post Office Savings-bank deposit . . .. 6 8 3 count .. .. .. 2,000 0 0 Petty cash on hand .. .. .. .. 1117 Tuwharetoa Timber Co., Ltd., on loan 500 0 0 Tongariro timber-owners'claim .. .. .. 2,000 0 0 Jones Estate Account .. .. 2,000 0 0 Ngati-Tuwharetoa compensation claim principal .. 1,073 15 6 —*— 5,500 0 0 Sundry debtors — £ s. d. Sundry creditors (Native Accounts) .. .. 40 15 0 Donald Weaver .. .. . . 15 0 0 Excess of income over expenditure .. .. 10,364 1 7 G.Barclay.. .. .. .. 19 11 3 34 11 3 Advances (principal) as per schedule attached .. 5,659 10 0 Jones Estate Debtors' Account .. .. .. 5,944 14 1 £15,948 0 0 £15,948 0 0 Honi Te Heuheu, Chairman. R. Alfred Grace, 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 exceptions : (1) Insufficient security has been obtained by the Board in respect of an advance of £500 made in the form of an issue of debentures to the Tauwharetoa Timber Co., Ltd. ; (2) certain advances which were made to members of the Board were not confirmed by a Maori Land Board and/or are not secured as required by section 41, Native Land Amendment and Native Land Claims Adjustment Act, 1927, and section 56, Native Purposes Act, 1931. —J. H. Fowler, Deputy Controller and AuditorGeneral.

84