B.—l [PT. IV], SUP. TO 1937.

*> •*■ <\ ° «.% I" 1 •«» « r MAORI PURPOSES FUND BOARD— continued. Balance-sheet as at 31st March, 1937. Liabilities. Assets. £ s. d. £ s. d. £ s. d. £ s. d. Sundry creditors .. .. .. .. .. .. .. 330 8 4 Cash— Unpaid grants .. .. .. .. .. .. .. .. 14,300 0 0 With Native Trustee .. .. .. 57,783 1 7 Special funds— Imprest with Waiariki Board .. .. .. • • 2 12 2 Katikati Carved Meeting-house .. .. .. 38 0 0 57,785 13 9 Ruatoki Carved Meeting-house.. .. .. .. 41 0 0 Sundry debtors, including payments hi advance.. .. • 58 16 9 Waitangi Carved Meeting-house .. .. .. 473 0 0 Stocks of publications .. .. .. •• •• 2,435 4 10 Tikitiki Dining-room .. .. .. .. .. 15 3 9 Austin motor-vehicle .. .. .. .. • • 87 11 6 King Koroki's House .. .. .. .. .. 159 0 0 Less depreciation .. .. .. .. 15 13 8 Ngati-Kahungunu Trust .. .. .. .. 10 0 0 71 17 10 " Western Samoa" grant .. .. .. .. 164 15 6 £ s. d. Carnegie Corporation grant for Maori Arts and Crafts .. 1,439 3 9 Miscellaneous assets .. .. .. .. .. 95 12 4 2,340 3 0 Add additions for current year .. .. .. 5 3 0 Accumulated Fund as at Ist April, 1936 .. .. .. 59,995 13 7 100 15 4 Add— £ s. d. Office furniture .. .. .. .. .. 317 15 3 Excess income over expenditure .. .. 273 10 8 Less sales .. .. .. .. 20 9 1 Transfer from Carnegie grant .. .. 300 0 0 297 6 2 Liabilities erroneously assumed . . .. 76 16 2 Mechanical office appliances .. .. .. .. .. 234 7 6 Additions to library .. .. .. 9 10 0 @32 9 0 Adjustment of a Publication Account from a Less depreciation 122 13 11 previous year ...... 0 12 II 599 15 1 Miscellaneous assets—ownership assumed ..5 0 0 j j^ rarv 248 5 3 ~ 665 Add additions for current year .. .. .. .. 11 3 0 60,661 3 4 ® ® ' Less— Less transfers to stock .. .. .. .. .. 684 Copies of publication " Material Culture of Maori Arts and Crafts School, Rotorua— 252 19 11 Cook Islands" written ofi .. .. 148 8 5 Cottages for students .. .. .. .. 444 3 4 Complimentary copies of books issued .. 11 9 0 Less depreciation .. .. .. .. lo 15 10 4 oq n a Grants outstanding (committed but not pre- " viously recorded) .. .. .. 14,300 0 0 Workshop .. .. .. .. .. 340 4 9 14 459 17 5 Less depreciation . . .. .. .. 11119 — 46,201 5 11 328 13 0 Workshop equipment and tools .. .. .. 58 9 10 Add additions for current year .. .. 54 17 4 113 7 2 Less sales of worn tools .. .. .. 33 11 10 79 15 4 Miscellaneous assets .. .. .. .. 3 7 2 Add additions for current year .. .. 5 0 0 Office and workshop fittings .. .. .. 24 0 9 Office furniture and equipment .. .. .. 30 7 4 Photographic equipment .. .. .. 12 11 10 155 2 5 Less depreciation .. .. .. . . 16 5 7 138 16 10 Stocks of timber (including carvings in progress) .. .. 146 18 0 Carvings completed for meeting-houses, and timber disposals .. .. .. .. .. .. 1,014 13 9 2,057 9 1 £63,171 17 3 £63,171 17 3 0. N. Campbell, Native Trustee and Under-Secretary. 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: 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. Fowler, Controller and Auditor- General.

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