E.—3a.

Dr. £ s. d. Bequests .. .. ... .. 12,822 3 9 Boys' Trust Account .. .. .. 150 19 2 Revenue Account .. .. .. 719 6 3 £13,692 9 2 Eevenue Dr. £ s. d. Maintenance .. .. .. 875 11 10 Boys'allowances .. .. .. 16 18 6 General expenses .. .. .. 105 12 4 £998 2 8 £ s. d. Balance .. .. .. .. 255 8 10 Balance, 31st December, 1902, as per balance-sheet .. .. .. 719 6 3 £974 15 1

THE COSTLEY TRAINING INSTITUTION Balance-sheet.

Or. £ s. a. Buildings and Land .. .. .. 4,067 6 9 Mortgages .. .. .. .. 7,925 0 0 House, Bemuera (Scarborough).. .. 1,195 18 6 Savings-bank .. .. .. .. 40 0 3 Piano .. .. .. .. 35 0 0 Cash in hand and bank 429 3 8 £13,692 9 2 Account. Or. £ s. d Interest .. .. .. .. 418 19 2 Boys' earnings .. .. .. 287 7 3 Rent, Scarborough House, £59 ss. 4d., less repairs, taxes, &c, £22 17s. lid. .. 36 7 5 Balance .. .. .. .. 255 8 10 £998 2 8 £ s. d. Balance, 31st December, 1901 .. .. 974 15 1 £974 15 1

I have compared the books and vouchers with the above balance-sheet, and am of opinion that it is correct. The securities have been produced, and I assume that they are in order, though there is no certificate from the solicitors to that effect. G. O'HALLOEAN, Jr., A.N.Z.A.A. Approximate Coftt of Paper. — Preparation, not given; printing (1,555 copies). £1 6s. 6d.

Price 3d.]

Authority : John Mackay, Government Printer, Wellington.—l9o3.

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