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ORDINARY SCHOLARSHIP ACCOUNT. .Statement op Receipts and , Payments. , Receiptsj Payments. Balance, 31st March, 1937— £ s. d, s. d. £ s. d. £ s. d. Post Office Savings-bank .. 197 19 4 General Account: Refund for year Bank of New Zealand .. .. 751 7 10 1936-37 .. .. .. .. 554 0 8 949 7 2 English Agency: Scholarships .. .. 1,850 0 0 Transfer from General Account for Bank charges .. .. .. .. 619 6 scholarships .. .. .. .. 3,000 0 0 Junior scholarships .. .. 1,876 18 0 Transfer from surplus for investment .. 1,616 7 8 Senior scholarships .. .. 1,441 19 0 Interest received .. .. .. 2,870 14 8 3,318 17 0 Interest, Post Office Savings-bank .. .. 37 7 4 Advance on mortgage .. .. .. 113 10 0 Mortgage repayment .. .. .. 30 9 11 Balance, 31st March, 1938 — Post Office Savings-bank .. 1,851 14 4 Bank of New Zealand .. .. 534 5 3 English Agency .. .. 275 0 0 2,660 19 7 £8,504 6 9 : £8,504 6 9 Revenue Account. Expenditure. • £ s. d. Income. £ s. d. Scholarships .. .. .. .. .. 3,318 17 0 Interest .. .. .. .. .. 2,884 16 1 Scholarships, English Agency .. .. .. 2,125 0 0 General Account .. .. .. .. 2,569 10 5 Bank charges .. .. .. .. 6 19 6 Loss on redemption, Wellington City Council debentures .. .. .. .. .. 3 10 0 £5,454 6 6 £5,454 6 6 UNIVERSITY NATIONAL SCHOLARSHIP ACCOUNT. Receipts. £ s. d. Payments. £ s. d. Balance at 31st March, 1937 .. .. .. 31 510 National Scholarships .. .. .. .. 2,723 110 Education Department grants .. .. .. 1,986 7 0 Taranaki Scholarships .. .. .. .. 1,231 12 6 Grants, Public Trustee .. .. .. 1,261 13 6 General Account .. .. .. .. 5 9 0 Balance at 31st March, 1938 .. .. .. 669 19 0 £3,954 14 4 £3,954 14 4 GENERAL BALANCE-SHEET AS AT 31st MARCH, 1938. Liabilities. Assets. General Account — £ s. d. £ s. d. £ s. d. General Account— £ s. d. £ s. d. £ s. d. Capital Account .. 1,200 0 9 Post Office SavingsPlus revenue .. 1,793 22 bank .. .. 1,458 16. 6 2,993 211 English Agency .. 14 10 1 Fees paid in advance .. 41 9 6 Bank of New Zealand 151 19 4 Sundry creditors .. .. 105 0 0 — 1,625 5 11 3,139 12 5 Petty cash .. .. 40 0 0 Ordinary Scholarship Eurniturc .. .. 1,043 16 11 Account — Sundry debtors .. .. 430 9 7 Capital Account .. 70,819 12 9 . . 3,139 12 5 Plus appropriations 1,616 7 8 Ordinary Scholarship 72,436 0 5 Account — Sundry creditors .. 705 9 7 Post Office Savings73,14110 0 bank .. ..1,85114 4 Special Scholarships Bank of New Zealand 534 5. 3 and Bequest English Agency .. 275 0. 0 Accounts — 2,660 19 7 Capital .. .. .. 41,553 15 4 Mortgages .. 10,650 16 3 Revenue .. .. 1,690 17 5 Accrued interest .. 718 18 5 Sundry creditors .. .. 31 10 1 Inscribed stock .. 36,987 1 1 43,276 2 10 Municipal debentures 22,117 4 7 University National Scholarship Account —Bank of , Sundry debtors .. 610 1 New Zealand .. .. .- •• 669 19 0 70,480 10 5 — 73,141 10 0 Special Scholarships Accounts —Investments .. 43,276 2 10 University National Scholarship Account —Sundry debtors .. .. .. .. .. 669 19 0 £120,227 4 3 £120,227 4 3

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