E.—3a

1889. NEW ZEALAND.

EDUCATION: THE COSTLEY TRAINING INSTITUTION (STATEMENT OF THE AFFAIRS OF THE), FOR THE YEAR ENDING 31st DECEMBER, 1888. [In Continuation of E.-3a, 1888. ]

Presented to both Houses of the General Assembly by Command of His Excellency.

Balance-sheet. Dr. £ s. a. Cr. £ s. d. Mortgages .. .. -. •■ 10,500 0 0 Capital account for investment — Land .. .. .. .. 378 0 0 Costley trust .. .. .. 9,150 0 0 Cash .. .. .. .. .. 175 15 0 Rebecca Hodge bequest .. .. 672 3 9 Haymet's trustees .. .. .. 100 0 0 Revenue account — Costley trust .. .. .. 1,078 18 9 Rebecca Hodge trust .. .. 52 12 6 Total .. .. .. £11,053 15 0 Total .. .. .. £11,053 15 0 Capital Account. Dr. & s. d. Cr. £ s . d. Lent on Mortgages .. .. .. 10,500 0 0 Amount for investment — Costley .. .. .. .. 9,150 0 0 R. Hodge .. .. .. .. 672 3 9 Temporarily advanced to this account from revenue unexpended .. .. .. 677 16 3 Total .. .. .. £10,500 0 0 Total .. .. .. £10,500 0 0 Eevenue Account. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. Expended, Costley trust — Balance unexpended at Ist Maintenance .. 505 3 11J January, 1888— Repairs and improvements 29 9 5 Costley trust .. 868 17 11J Furniture .. .. 18 6 1 Hodge trust.. .. 10 18 6 Library .. .. 3 2 6 879 16 o^ General expenses .. 13 15 0 Received, Costley trust — Commission .. .. 17 19 0 Interest .. .. 671 5 9 Wages to boys .. 5 6 0 Earnings (boys) .. 121 12 0 Hodge trust— Gifts, &c, to boys .. 2 10 Maintenance .. 2 0 0 Hodge trust— 595 1 11J Interest .. .. 43 14 0 Banked to credits of boys .. 27 16 0 838 12 9 Balance unexpended— Refunded by Government .. 36 0 0 Costley trust .. ..1,078 18 9 Hodge trust .. .. 52 12 6 ■ 1,131 11 3 Total .. .. .. £1,754 9 2J | Total.. .. .. £1,754 9 2J