B. —1 [PT. IV], SUP. TO 1941.

TARANAKI MAORI TRUST BOARD—continued. Balance-sheet as ax 31st March, 194-1. Liabilities. Assets. 1. Grants— 1. Compensation Grant outstanding— £ s. d. £ s. d. (a) Marae renovation — £ s. d. £ s. d. Balance as at 31st March, Kotahimarae Pa .. 585 0 0 1940 .. .. 3,000 0 0 Ketemarae Pa .. 432 6 1 Grant due 1940-41 .. 5! 000 0 0 Kairau Pa .. 277 11 9 Wharepuni Pa 9 0 0 8,000 0 0 Puniho Pa .. 2 9 I Less payment during the Taikatu Pa .. 10 0 year .. .. 5,000 0 0 Te Takere Pa .. 26 810 3,000 0 0 Whenuakura Pa .. 39 0 0 2. Furniture and fittings— 1,372 15 9 Balance as at 31st March, (b) Marae, miscellaneous— 1940 105 810 Waipapa Pa .. 0 4 0 Less depreciation .. 5 5 5 Pariroa Pa .. 10 0 0 JOO 3 5 Te Takere Pa .. 50 0 0 .3. Land and buildings: Purchase-price .. 1,500 0 0 Ketetahi Pa .. 11 0 0 4. Sundry debtors— Aotearoa Pa .. 17 7 2 Bills receivable .. .. 88 8 6 Kotahimarae Pa .. 50 0 0 West Coast Reserves BeneManukorihi Pa 38 2 3 ficiaries' Association .. 168 11 4 Kairau Pa .. 50 0 0 Sundry .. .. 16 14 10 — 226 13 5 ' 273 14 8 (c) District— 5. Office : Payments in advance— Ngarauru .. 116 9 Phone rental .. .. 5 8 4 Ngatiruanui .. 38 15 10 Insurance .. .. 0 13 11 Ngaruahine .. 99 17 6 6 2 3 Taranaki .. 34 7 0 6. Cash balances— Te Atiawa .. 62 10 5 In bank on current account 2,952 6 3 Ngatimaru .. 87 7 8 In bank on fixed £ s. d. — 324 15 2 deposit .. 600 0 0 (d) Health : Pa sanitation fund .. . . 200 0 0 Interest accrued 13 10 0 (e) Education: Rima Wakarua Memorial 613 io q Fund .. .. .. .. 47 0 0 In hand: Petty cash .. 5 0 2 2,171 4 4 3,570 16 5 2. Reserves— £ s. d. War Loan (duration and six Reserves for depreciation.. 19 8 7 months—interest free) .. 1,000 0 0 General reserve .. .. 600 0 0 4 570 ig g t 619 8 7 3. Sundry creditors — Board member : Allowance and expenses .. 18 0 Social security tax .. 4 12 6 6 0 6 2,796 13 K 4. Appropriation Account— Balance as at 31st March, 1940 3,654 12 0 Add refund re Social- £ s. d. security tax .. 29 16 10 Excess of income over expenditure 2,969 14 6 2,999 11 4 6,654 3 4 £9,450 16 9 £9,450 16 9 W. Wakarua, Secretary.

The Audit Office, having examined the Balance-sheet and accompanying accounts required by law to be audited, nei'eby certifies them to be correct subject to the following comment: As Parliament has not provided in the appropriations for the payment of the compensation grant of £3,000, the item " Compensation grant outstanding, £3,000," should not be shown in the Balance-sheet as an asset of the Board.—Cyril G. Collins, Controller and Auditor-General.

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