H.—2l.

Tea-rooms Account. Dr. £ s. d. Cr. £ s. d. Foodstuffs .. .. .. .. . ■ 286 13 9 Receipts: Afternoon teas, suppers, lunches, &c. .. 711 2 1 Wages of manageress and service staff .. .. 381 17 4 Balance carried to Income and Expenditure Balances General expenses, laundering, flowers, &c. . . 48 16 2 Account .. .. .. .. .. 652 £717 7 3 £717 7 3 Income and Expenditure Balances as at 31st March, 1938. Dr. £ s. d. Cr. £ s. d. Loss— Accumulated Fund Account .. .. .. 37 5 5 Main Income and Expenditure Account . . 31 0 3 Tea-rooms Account .. . . . . . . 6 5 2 £37 5 5 £37 5 5 Balance-sheet as at the 31st March, 1938. Liabilities. Assets. £ s. d. £ s. d. Capital liability— £ s. d. £ s. d. Land .. .. .. 30,000 0 0 Public subscriptions, including Buildings .. . . .. 194,378 1 10 net proceeds of carnival, and Approach steps and terraces . . 4,300 0 0 less subscription-collection ex- Ground improvements .. .. 5,622 6 8 penses .. .. .. 84,936 10 2 234,300 8 6 Accumulated in- Museum exhibits .. .. 50,047 8 10 terest on Art Gallery exhibits .. .. 27,000 0 0 fixed de- Furnishings .. .. .. 17,885 0 7 posits— £ s. d. Library . . .. .. 547 18 4 Public Trustee 13,750 13 3 Gardening-tools .. .. 6 15 0 Bank of New Mechanical appliances .. . 107 3 11 Zealand .. 105 15 0 Cinematograph equipment . . 665 4 0 Interest Tea-rooms equipment . . .. 659 3 11 credited to Tools .. . . . . 67 17 3 Current Ac- Photographic apparatus.. . . 99 14 1 count .. 1,380 7 0 97,086 511 15,236 15 3 Sir Harold Beauchamp Trust .. .. 57 3 7 New Zealand Academy of Fine Investment, Public Trustee .. 549 15 7 Arts: Value of picture collec- Advances .. . . .. 15 510 tion .. .. .. 27,000 0 0 Cash at bankers .. .. 689 14 3 New Zealand Go- 1,254 15 8 vernment contributions — £ s. d. Cash subsidy 100,000 0 0 Cash grant — Carillon Tower . . 15,000 0 0 Employment Fund .. 7,650 0 0 122,650 0 0 Land . . 30,000 0 0 Museum exhibits 50,000 0 0 Museum library 485 2 1 Furniture .. 333 0 2 Mechanical appliances .. 25 18 11 Tools . . 67 17 3 Photographic apparatus . . 99 14 I 81,011 12 6 330,834 17 11 Profits carried forward .. 401 7 9 Less adjustment on account of contributions 33 6 8 368 1 1 Less loss for present year .. 37 5 5 330 15 8 Special reserves — Empire Art Loan Collection .. 310 5 0 Chinese Art Exhibition .. 253 9 8 T. G. McCarthy Trust: Grant 190 0 0 Phar Lap Fund .. .. 84 0 0 Picture-purchase Fund .. 12 11 3 Sir Harold Beauchamp Trust Fund .. . . .. 57 3 7 Subscriptions Suspense Account 10 0 0 917 9 6 Sundry creditors .. .. .. 615 10 7 £332,698 13 8 £332,698 13 8 F. B. Dwyer, A.R.A.X.Z., Treasurer. The Audit Office, having examined the Balance-sheet and accompanying accounts, required by law to be audited, hereby certifies them to be correct —J. H. Fowler, Controller and Auditor-General. Approximate Cost of Paper.—-Preparation, not given ; printing (760 copies), £17 10s.

By Authority: E. V. Paul, Government Printer, Wellington. —1938.

Price 6d.]

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