KING GEORGE THE FIFTH MEMORIAL FUND BOARD (ANNUAL REPORT AND STATEMENT OF ACCOUNTS OF THE KING GEORGE THE FIFTH MEMORIAL FUND BOARD) FOR THE PERIOD 1st APRIL., 1942, TO 31st MARCH, 1943

Appendix to the Journals of the House of Representatives, 1943 Session I, H-25

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1943 NEW ZEALAND

KING GEORGE THE FIFTH MEMORIAL FUND BOARD (ANNUAL REPORT AND STATEMENT OF ACCOUNTS OF THE KING GEORGE THE FIFTH MEMORIAL FUND BOARD) FOR THE PERIOD 1st APRIL., 1942, TO 31st MARCH, 1943

Presented in -pursuance of Section 19 of the King George the Fifth Memorial Fund Act, 1938

During the year the Board held meetings in Wellington, Christchurch, and Dunedin, and visited the permanent and secondary camps in the South Island where the Fund has borne the cost of erecting buildings or making alterations to existing buildings. The Board found the buildings and equipment well cared for by the-executives vested with the control and management, and as a result of a representation from the Roxburgh Management Committee authorized expenditure for ground improvements to provide a suitable setting for the buildings. A further demand for war purposes was made in respect ol the Board s property at Gisborne, and by handing over this property the Wellington district was left without a camp. Satisfactory arrangements were made with the Education Department for the use of the Department's property at Hokio Beach, Levin, to provide a summer camp for children requiring urgent treatment. Owing to the urgency of the national emergency defence building programme, the Building Controller declined the Board's application for authority to proceed with the building of camps at Auckland and Taupo. The Board regrets to record the death of Mr. C. J. Talbot, a valuable and sympathetic member since the inception of the Board. The Receipts and Payments Account, Income and Expenditure Account, and Balance-sheet as at the 31st March, 1943, are annexed hereto. A. H. Nordmeyer, Chairman. E. A. Dobbie, Secretary. sth August, 1943.

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KING GEORGE THE FIFTH MEMORIAL FUND Receipts and Payments Account for the Year ended 31st March, 1943 (Shown to nearest pound.) Receipts £ | Payments £ Cash held in Treasury, Ist April, 1942 .. .. 17,653 Purchase of inscribed stock 15 000 Miscellaneous receipts (refunds, &c.) .. .. .. 2,892 Pakuranga Health CampInterest on investments .. .. .. .. 2,973 Construction of buildings .. .. .. .. 600 Equipment .. .. .. .. _, 232 Gisborne Health Camp— Maintenance .. .. .. ~ _ _ jg Construction of buildings .. .. ~ .. 301 Equipment .. .. .. ~ _ _ 68 " Glenelg " Health Camp : Maintenance .. .. 31 Nelson Health Camp— Construction of buildings .. .. .. .. 7 Equipment .. .. .. .. ~ 13 Otaki Health Camp— Maintenance .. .. .. .. ~ 980 Construction of buildings .. .. .. .. 419 Equipment .. .. .. ~ _ _ 354. Roxburgh Health Camp— Construction of buildings .. . . .. .. 297 Equipment .. ~ .. .. ~ 137 Wanganui Health Camp : Maintenance .. ~ 56 Okote property— Maintenance .. .. .. ~ .. X Purchase of land .. .. .. ~ 18 Balance held in Treasury, 31st March, 1943 .. .. 4,986 £23 ' 518 £23,518 Income and Expenditure Account for the Year ended 31st March, 1943 (Shown to nearest pound.) Expenditure £ Income £ £ Maintenance Interest on investments .. .. .. 2 973 Gisborne Health ( amp .. .. .. .. 18 Less accrued, 31st March, 1942 .. . 1 144 Glenelg Health Camp .. .. .. .. 31 Otaki Health Camp . . .. .. .. 980 1 g 2 y Wanganui Health Camp .. 56 Plus accrued, 31st March, 1943 l'o7o Okete property .......... 1 " 2 899 Depreciation £ Rents paid and accrued and miscellaneous 3 per cent, on buildings .. .. .. 1,452 receipts to 31st March, 1943— 7J per cent, on equipment.. .. .. 695 Otaki Health Camp .. .. .. 3,319 2,147 Wanganui Health Camp .. .. '538 Excess of income over expenditure .. .. .. 3,808 Gisborne Health Camp .. .. .. 220 Miscellaneous .. .. .. .. 65 . 4,142 £7 > 041 £7,041 Balance-sheet as at 31st March, 1943 (Shown to nearest pound.) Liabilities £ Assets £ Accumulated funds— Cash held in Treasury .. 4 o 8 6 Balance, Ist April, 1942 .. .. .. ..205,856 Inscribed stock .. .. .. .. "i11'620 Plus excess of income over expenditure as per Income Sundry debtors .. .. 1' 250 and Expenditure Account . . .. .. 3,808 " " " £' ' £ ' Land, Ist April, 1942 .. ~ 6,868 Plus further costs Okete property .. 18 6,886 Buildings, Ist April, 1942 .. .. 31,241 Plus buildings completed during year— " Glenelg" .. .. 163 Otaki . . .. .. 16,988 48,392 Less 3 per cent, depreciation .. 1,452 46,940 Plus buildings under construction and additions to existing buildings— Pakuranga .. .. .. 1,818 Gisborne .. .. . . 301 Nelson .. .. .. 7 Roxburgh .. .. ..25,407 27,533 74,473 Equipment, Ist April, 1942 .. .. 9,270 Less 7J per cent, depreciation .. 695 • 8,575 Plus additions for year — Pakuranga .. .. .. 232 Gisborne .. .. .. 68 Nelson .. .. .. 13 Otaki . . .. .. 354 Roxburgh .. .. . . 137 804 9,379 Interest accrued, 31st March, 1943 .. .. .. 1,070 £209,664 £209,664 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. Approximate Cost of Taper.—Preparation, not given ; printing (510 copies), £3.

By Authority: E. V. Paul, Government Printer, Wellington.—l 943 Price 3d.)

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