SHOPPING WEEK CARNIVAL

Wanganui Chronicle, Volume LXXXI, Issue 18787, 22 May 1923, Page 6

SHOPPING WEEK CARNIVAL

THE FINANCIAL WASHING UP. AUDITORS REPORT AND BALANCE-SHEET. The Hon. Sec. for Wanganui’s Easter Carnival, Mr. A. R. Donaldson, has prepared his balance-sheet, and the auditor, Mr. R. M. Finlayson, has examined the figures and reported thereon. “The guaranteees against loss received by your executive,” says Mr. Finlayson, "totalled £2BB 8s 6d., and of this sum only £36 18s 6d. has still to be collected. Other outstanding debts due to the executive total £3O 15s. If all guarantees and debts are paid (and the accounts have been drafted on that assumption), your executive will be able to meet all the liabilities, and have for appropriation a surplus of £24 Is bd. This surplus, it will be clearly understood, has still to be realised. The accounts presented show only the leading items of income and expenditure. Mr. Donaldson will be able to give you the results of the various subsidiary enterprises into which your executive entered. I have been greatly impressed not only by the volume of work handled by your honorary secretary, but also by the manner in which it has been executed. The records are clear, accurate and complete in every particular. The good offices of Mr. Donaldson are worthy of particular note when it is remembered that for approximately three months he must have been actively and strenuously engaged on Carnival work.” The balance-sheet shows as follows:

£l2B 14 9 The item “stationery, printing and advertising. £348 16s 9d” includes £5B 17s 6d, the cost of producing "The Whisperer”: £B5 for printing the souvenir programmes and £92 for advertising in outside districts. Included in the item “Sundry expenses, £1 63 9s 4d,” are—amusement tax £lO 12s 3d, catering and conveying Ratana Band £l9 17s 6d. cartages £l6 6s, erecting stands £3O Is Bd, hire of stands £l5, Wanganui Cleaning Co. £lO 8s 6d.

EXPENDITURE £ s. d. To Postages 11 13 9 Stationery, Printing and Advertising 348 16 9 Sundry Exes 163 9 4 Children’s Day 18 0 3 Industries Exhibition . .. 26 15 0 Masquerade Bail 21 10 0 Salary Asst. Secretary . . 25 0 0 Salary Organiser 50 0 0 Tramways Lighting A/c. 39 19 0 ljea.se of Cook's Gardens 12 12 0 Prizes 154 6 Audit Fee o o 0 Excess Income over Expenditure . 24 1 9 £898 5 4 INCOME. £ s. d. By Guarantee Fund 288 8 6 Competitions 36 9 6 Advts. in ’’Whisperer” . . 94 5 0 Stalls Exhibition 41 15 0 Stalls Cook's Gardens . . 77 5 0 Sales Souvenir Programmes 143 1 10 Gate Takings 154 19 9 Masquerade Ball 32 17 9 Donations ... 29 3 0 £898 5 4 LIABILITIES. £ s. d. Wanganui Corporation Tramways 39 19 0 Wanganui Borough Council 12 12 0 Auditor o o 0 Organiser 50 0 0 Excess Income over Expenditure t . 24 1 9 £128 14 9 ASSETS. £ s. d. Guarantors 3 6 18 6 Rent at Exhibition Outstanding 5 0 Rent Cook’s Gardens Out- . . standing ° 7 10 0 Cash at Bank 61 1 3