H—2l

Income and Expenditure Account for the Year ended 31st March, 1949

14

(Figures to nearest pound) Expenditure. 1948-40. 1947-48. Income. 1948-49. 1947-48. £ £ £ £ £ Advertising 50 44 Contributions — Audit fee 18 18 New Zealand Government 13,500 13,500 Carillon: Miscellaneous payments 120 120 Local bodies — Cleaning Educational services 105 78 Wellington City Council 1,700 134 Wellington Harbour Board 500 Exhibitions in Art Gallery "l82 130 Lower Hutt City Council 400 Freight and cartage '. : 230 Palmerston North City Council 190 Fuel, light, power, and water .. 319 248 Petone Borough Council 50 Insurances 235 218 Hutt County Council 40 Office expenses 37 22 Wairarapa South County Council 15 Photographic supplies 141 157 Levin Borough Council 10 Postages, telegrams, and toll calls 83 77 2,905 2,915 Printing and stationery 402 232 Hire of Lecture Hall 8 Rent for Art Gallery temporary premises 970 970 New Zealand Academy of Fine Arts : Contri- • • 225 ' '225 Repairs and maintenance : Buildings and equipment . | 480 951 bution towards salaries. &o. Salaries .. .. 10,540 8,232 Miscellaneous receipts 29 24 Specimens and pictures, preparation of . 546 114 Rental for occupation of portion of building .. 1,000 1,000 Subscriptions to societies . 1 14 10 Telephones and fire-alarms . i 86 84 Travelling allowances and expenses 384 397Unauthorized expenditure 7 Uniforms and overalls 23 13 Balance carried down 2,818 5,178 £17,667 £17,664 £17,667 £17,664 £ £ £ £ Capital purchases from revenue 2,078 1,504 Balance brought down 2,818 5,178 Appropriations — Accumulated surplus (general) 146 174 Repairs, Renewals and Extensions Reserve 1,500 2,000 Interest on investments 693 534 Other reserves 2,236 Sale of surplus equipment 5 Balance carried forward 84 146 £3,662 £5,886 £3,662 £5,886