B.—l [PT. TV], SUP. TO 1941.

MAORI PURPOSES FUND BOARD. Receipts and Payments Account for Year ended 31st March, 1941. Receipts. £ Payments £ £ Balance, Ist April, 1940 : Native Trust Office .. .. 58,524 Administration expenses— Interest: Native Trust Office, 3 per cent, to 31st March, Audit fee .. .. .. .. 21 1941 .. .. .. .. .. .. 1,734 Commission .. .. .. 62 Grant from Consolidated Fund— £ Freight and cartage .. .. .. (i Administration expenses .. .. .. 350 Insurance .. .. I] '' jj Equipment and materials .. .. .. 25 Printing and stationery .. .. .. 1 375 Rent and rates .. .. .. .. 121 Grant from Maori Land Boards for specific purposes Repairs and maintenance .. .. ' ' 48 (contra) .. .. .. .. .. ~ 020 Salary .. .. .. .. .. 39 Rent from cottages and workshop, Rotorua .. .. 42 Sundry expenses .. .. .. j Sales of— £ Water charges .. .. .. (i Board's publications .. .. .. 30 Purchase of assets— ' 316 Pingao stocks .. .. .. .. 29 Piupiu .. .. .. 44 Timber stocks .. .. .. .. 114 Library books .. .. .. ' 6 Assets not required .. .. .. 10 Grants— 50 183 Educational— Imprest Account with Waiariki District Maori Land Board Government Free Place Scholarships .. 500 overdrawn .. .. .. .. .. 30 Interest and balance of grants to— Turakina College .. .. .. 2,882 St. Peter's School .. .. .. 1,708 St. Stephen's School .. .. .. 10,675 15,765 Publishing : Polynesian Society .. .. 300 Half-salary : Princess Te Puea Herangi .. 104 Medical expenses of triplets (contra) .. 20 Te Kaha Carved Meeting-house (contra) .. 602 Native meetings .. .. .. .. 25 16,816 Balance, 31st March, 1941 : Native Trust Office .. 44,326 £61,508 £61,508 Income and Expenditure Account for Year ended 31st March, 1941. Expenditure. £ £ Income. £ Administration expenses— Interest at 3 per cent, per annum : Native Trust Office .. 1 734 Audit fee .. .. .. .. ..21 Grants— £ Commission .. .. .. .. 62 Consolidated Fund .. .. .. 375 Depreciation .. .. .. .. 189 Maori Land Boards for specific purposes (contra) 620 Freight and cartage .. .. .. .. 5 __ ygg Insurance .. .. .. .. .. 6 Sale of publications (net) .. .. .. * 2 Printing and stationery .. .. .. I Profit on sale assets .. .. .. . . " 4 Rent and rates .. .. .. 73 Repairs and maintenance .. .. ~ 32 Salaries .. .. .. .. 43 Sundry expenses .. .. .. .. 1 Water, cleaning, &c. .. .. .. .. 6 Grants— 439 Educational— Interest on outstanding school grants .. 644 Government Free Place Scholarships .. .. 500 Te Kaha Carved Meeting-house (contra) .. 602 Medical expenses of triplets (contra) .. .. 20 Publishing : Polynesian Society .. .. 300 Miscellaneous .. . . .. 104 Native meetings and meeting-houses .. .. 26 2,196 Balance : Excess of income over expenditure, transferred to Accumulated Fund .. .. .. .. 100 £2,735 £2,735 Balance-sheet as at 31st March, 1941. Liabilities. £ Assets. £ £ Creditors .. .. .. .. .. .. 327 Cash: With Native Trust Office .. .. 44,326 Special funds—■ Less Imprest Account overdrawn : Waiariki Carnegie Corporation grant for Maori arts £ Board .. .. .. .. 30 and crafts .. .. .. .. 342 44 296 Katikati Carved Meeting-house .. .. 38 Debtors, including payments in advance .. .. 82 Ngati-Kahungunu Trust .. .. .. 10 Publications for sale .. .. .. 2,348 Kuatoki Carved Meeting-house .. .. 41 Pingao stocks for sale .. .. .. 26 Western Samoa translation grant .. .. 165 2 374 596 Library .. .. .. .. .. 280 Accumulated fund as at Ist April, 1940 .. 46,888 Mechanical office appliances .. .. .. 24 Plus— £ Miscellaneous assets .. .. .. 71 Excess income over expenditure .. 100 Office furniture .. .. .. .. 17 Assets located (previously written oft' Maori Arts and Crafts Sehpol, Rotorua— 392 or unrecorded) .. .. .. 120 Cottages .. .. .. .. 366 —7- 220 Miscellaneous assets .. .. .. 2 Office furniture .. .. ~ .. 1 Less— 47,108 Office and workshop fittings .. .. 17 Publications written down .. .. 13 Workshop .. .. ~ .. 282 Timber, books, and pingao donated .. 103 Workshop equipment and tools .. .. 7 — 116 Timber stocks .. .. .. .. 96 46,992 771 £47,915 £47,915

0. N. Campbell, Deputy-Chairman (Native Trustee). Colin W. Morrison, Secretary to Board.

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.—Cyril G. Collins, Controller and Auditor-General.

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