LANCASTER PARK.

Sun (Christchurch), Volume III, Issue 883, 8 December 1916, Page 2

LANCASTER PARK.

THE FINANCIAL POSITION. Tt is the policy of the Board of Control | of Lancaster Park to keep subseril'ers to I the Park Preservation Fund acquainted \ with the manner in which theamount col- j lected is expended. The board has, therefore, decided to explain the details of the past year's working to a meeting of subscribers to be held in the Chamber of Commerce Hall next Wednesday evening. The board 's accounts for the year ended September 30, 10] (i, show that the receipts and expenditure account was as ; follows: Eeceipts—Athletics £9 18/-, cricket £5 4/6, football £174 10/3, donations £5191 8/9, interest £2l 4/10, schools' demons-! tration £lO6 8/-; garden fete £129 5/7. j training hall £2, Hockey Association £15,1 members' tickets £2B 14/6, ground rents j £25, sundry debtors (1915) £45, Bank of i Australasia overdraft £2l 19/-; total, £5775 13/5. Expenditure —Debit balance at Bank (September 30, 1915) £367 12/10. sundry j creditors (September 30, 1915) £5Ol 2/6, | cricket £3 2/8, football £127 19/7, rates: and insurance £34 ,13/2, interest £371 j 14/8, general expenses £7B 16/6, print-1 ing £l4 6/1, repairs and renewals £Bl 16/9, schools' demonstration £Bl 16/6,1 garden fete £lOl 7/2, refund loan : (Lysaght) £BOO, refund loan (('. R. Clark) £IOO. wages £285 1/-, Post Office account £274 4/-, deposit account £550, Towneud Estate £2000; total,, £5775 13/5. j The liabilities are shown as follow: — ■'■. Capital account six shares at 1/-, 6/-, mortgage £BOOO, Suspense Account £1503! 19/-, Hank of Australasia £2l 19/-, total; £9526 4/-. The assets are put down as i lieing:—Land £4200, plant £l5O, buildings and improvements £4300, sundry I debtors (cricket chilis) £4O, mortgage redemption fund £276 4/-, change £10,: amount on deposit, £550; total, £9520 4/-.