B.—l [PT. IV], SUP. to 1936.

MAORI PURPOSES FUND BOARD— continued. Balance-sheet as at 31st March, 1936. Liabilities. Assets. £ s. d. £ s. d. £ s. d. £ s. d. Sundry creditors .. .. .. .. .. .. . . 167 14 0 Cash with Native Trustee .. .. .. .. .. .. 57,625 16 10 Special funds— Sundry debtors, including payments in advance .. .. .. . . 41 6 2 Ngati-Kahungunu Trust .. . . .. . . .. 10 0 0 Stocks of publications— Katikati Carved Meeting-house .. .. .. .. 38 0 0 Stocks held .. .. .. .. .. .. 2,472 1 10 Raukawa Carved Meeting-house .. .. .. .. 45 6 0 Stocks awaiting verification .. .. .. .. 148 8 5 Ruatoki Carved Meeting-house .. .. .. .. 41 0 0 2,620 10 3 Waitangi Carved Meeting-house .. .. .. .. 473 0 0 Austin motor-vehicle .. .. .. .. .. .. 156 16 11 Maori Arts and Crafts School: Carnegie Corporation grant .. 2,410 12 9 Less depreciation .. .. .. .. .. .. 69 5 5 Western Samoa grant .. . . . . .. .. 164 15 6 87 11 6 3,182 14 3 £ s. d. Accumulated funds as at Ist April, 1935— £ s. d. Miscellaneous assets .. .. .. .. 29 14 8 Maori Purposes Control Fund .. .. 56,797 14 1 Add additions, current year .. .. .. 70 0 0 Maori Ethnological Research Fund ; .. 3,607 1 1 99 14 8 Maori Arts and Crafts Fund .. .. .. 1,941 4 4 Office furniture (Wellington) .. .. ... 380 18 6 62,345 19 6 Add additions, current year .. .. .. 10 15 6 Add— 391 14 0 Balance previously held in Tuakau Maori Mechanical office appliances at Wellington . . .. . . 274 7 6 Hostel Grant Fund .. .. .. 250 0 0 Adjustment of debtor's account .. .. 2 3 0 765 16 2 Miscellaneous assets taken on charge .. 60 0 0 Less depreciation .. .. .. .. .. 11811 312 3 0 647 15 1 Library— 62,658 2 6 Maori Ethnological Research Board .. .. .. . . 243 6 5 Less— Add additions for year .. .. .. .. 41810 Excess expenditure over income trans- 248 5 3 ferred to Income and Expenditure Maori Arts and Crafts School, Rotorua— Account .. .. .. 2,503 18 7 Cottages for students .. .. .. .. 459 19 2 Complimentary copies of books issued .. 5 4 8 Less depreciation .. .. .. .. 151510 Stock of publications transferred to 444 3 4 Government Printer .. 153 5 8 Workshop .. .. .. .. .. 351 16 6 2,662 8 11 Less depreciation .. .. .. .. 11119 59,995 13 7 340 4 9 Office and workshop fittings .. .. . . 13 19 2 Add additions for current year .. . . 110 6 Office furniture and equipment .. .. .. 38 13 1 Photographic equipment .. .. .. 15 7 7 Workshop equipment and tools .. .. .. 52 19 8 Add additions for current year .. .. 12 13 10 Miscellaneous assets .. .. .. .. 1016 154 15 4 Less depreciation .. .. .. .. 25 18 5 128 16 11 Stocks of timber (including carvings in progress) .. .. . - 469 10 0 Carvngs iompleted for meeting-houses .. .. .. .. 692 1 9 2,074 16 9 £63,346 1 10 £63,346 1 10 0. N. Campbell, Native Trustee. R. L. Jellicoe, A.R.A.N.Z., Accountant. I hereby certify that the Receipts and Payments Account, Income and Expenditure Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby subject to the following comment: That there is no security for the expenditure from the Fund in connection with the erection of buildings on lands occupied by the Maori Arts and Crafts Board in the Rotorua District.— J. H. Fowlek, Deputy Controller and Auditor-General.

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