E.—7.

ASSOCIATION FOR COUNTRY EDUCATION. Statement op Receipts and Payments. Receipts. £ s. d. Payments. £ s. d. Balance .. .. .. .. .. 1,198 5 0 Library books and equipment .. .. .. 215 17 2 Carnegie Corporation grant .. .. .. 1,381 8 9 Salaries .. .. .. .. .. 944 1 5 Interest .. . . .. .. .. 15 7 0 General expenses .. .. .. .. 365 6 8 Donation .. .. .. .. .. 2100 Balance .. .. .. .. .. 1,07256 £2,597 10 9 £2,597 10 9 Statement op Income and Expenditure. Expenditure. £ s. d. Income. £ s. d. Salaries .. .. .. .. .. 944 1 5 Balance .. .. .. .. .. 509 1 7 Library books .. .. .. .. 137 11 5 Carnegie Corporation grants .. .. .. 1,379 19 9 General expenses .. .. .. .. 386 4 6 Interest .. .. .. .. .. 15 7 0 Depreciation furniture, &c. .. .. .. 318 0 Balance .. .. .. .. .. 405 3 0 £1,904 8 4 £1,904 8 4 Balance-sheet as at 31st December, 1937. Liabilities. £ s. d. Assets. £ s. d. £ s. d. Income and Expenditure balance .. .. 405 3 0 Furniture and equipment .. 314 5 6 Carnegie grant for 1938 .. .. .. 1,200 0 0 Less depreciation .. .. 31 8 0 282 17 6 Library books .. .. . . .. 250 0 0 Cash .. .. .. .. .. 1,072 5 6 £1,605 3 0 £1,605 3 0 SCHOOL OF ENGINEERING. Statement op Receipts and Payments. Receipts. £ s. d. Payments. £ s. d. Balance .. .. .. •• 2,585 111 Salaries .. .. .. .. .. 6,313 14 6 Government grants .. .. .. .. 4,505 11 0 Library books .. .. .. .. 44 11 5 Students'fees .. .. .. .. 1,805 4 1 Testing fees .. .. .. .. .. 10 17 4 Testing fees .. .. .. .. .. 119 14 6 General expenses — £ s. d. Sundries. £s. d. Heating and lighting .. .. 238 5 4 Interest .. .. . . 165 18 9 Insurance .. .. .. 38 12 5 Sales, &c. .. .. .. 12 12 9 Printing, stationery, and adver178 11 6 tising .. . . .. 60 1 8 Transfer from Museum, Library, and School of Material and apparatus .. 547 13 5 Technical Science .. .. .. .. 800 0 0 Repairs to buildings .. .. 16 18 3 Sundries .. .. .. 16 13 10 Administration .. .. 177 0 0 Furniture .. .. .. 1115 9 1,107 0 8 Balance .. .. .. .. .. 2,517 19 1 £9,994 3 0 £9,994 3 0 Statement op Income and Expenditure. Expenditure. £ s. d. Income. £ s. d. Salaries .. .. .. •• •• 6,313 14 6 Government grants .. .. .. .. 4,505 11 0 Library books .. .. .. .. 44 11 5 Students'fees .. .. .. .. 1,787 18 1 Investments : Premiums written off .. 44 9 6 Testing fees .. .. .. .. . . 82 15 7 General expenses — £ s. d. Interest .. .. .. .. .. 165 16 3 Heating, lighting, and power .. 238 5 4 Sales, &c. .. .. .. .. .. 12 12 9 Insurance .. • • • • 38 12 5 Transfer from Museum, Library, and School of Printing, stationery, and adver- Technical Science .. .. .. .. 800 0 0 tising .. .. . • 67 15 7 Capital: Transfer of balance .. .. . . 537 13 0 Material .. .. • • 217 14 10 Repairs to buildings .. .. 16 18 3 Sundries .. . . . . 15 5 10 Administration .. . . 177 0 0 771 12 3 Depreciation: Equipment .. . . 717 19 0 £7,892 6 8 £7,892 6 8

24