37

E.—6*

Statement of Assets and Liabilities of Nelson College on 3\st December, 1908. Assets. £ a. d. Liabilities. t s. d. Mortgage securities .. .. 1,688 12 5 Mortgage on Colleges .. . . 10.000 0 0 Freehold property, exclusive of College build- Governors'fees.. .. .. 100 0 o ings.. ..21,179 18 6 Bank overdraft .. 2.804 6 0 College buildmga— Add unpaid cheque .. 9 10 0 Boys' College and outbuildings ..26,380 la B 2,818 16 0 I iirls' College and outhuildincs .. 6,500 0 0 Balance current .. .. .. 19,179 1 10 College house .. .. .. 2,044 15 1 College furniture Boys' College .. .. .. 1,664 0 0 (iirls' College .. .. .. 1,500 8 11 Office .. .. 32 12 0 Interest due .. .. 13 15 0 Rents due .. .. .. .. 95 7 8 Fees due .. .. 91 17 4 Capitation fur free pupils .. 698 15 0 Advances to boardors .. .. .. 199 0 6 £62,089 17 10 £62,089 17 10 JAMES Hi.aim, Secretary. GEEYMOUTH HIGH SCHOOL. General Statement ofr Accounts for the Year ended 31st December, 1908. Receipts. £ s. d. Expenditure. £ s. d. Balanoe, 31st December, 1907 .. .. 1,424 4 0 Management— Westland School Commissioners.. .. 300 5 0 Secretary's salary (nine months) .. 7 10 0 Interest .. .. .. .. 68 12 2 Bank oharges and exohange .. 0 15 0 Overpayment refund by late Secretary .. 10 0 0 Late Secretary for extra servioes .. 10 0 0 Grants to Grey Education Board .. 250 0 0 Balance, 31st December, 1908 .. 1,534 16 2 £1,803 1 2 £1,803 1 2 Pabticulars ok Balance. Asset*. £ s. d. Liabilites. National Bank .. .. .. 7 17 8 Poet-office Savings bank.. 276 18 6 Grey Borough debentures .. .. 1,190 0 0. Mortgage loan .. .. .. .. 6000 Nil. £1.534 16 2 W. R. Kettle, Chairman. P. F. Daniel, Secretary. Examined and found correct.—J. K. Wakburton, Controller and Auditor-General.

HOKITIKA HIGH SCHOOL. General Statement of Accounts for the Year ended 31st December, 1908. Receipts. £ s. d. Expenditure. t s. d. Balance at beginning of year .. 1,545 8 0 Management— Current income from reserves .. .. 39 0 0 Offioe salary .. .. .. 15 15 0 Interest on moneys invested and on unpaid Other office expenses .. .. .. 0 11 6 purchase-money .. .. .. 55 5 0 Grant to Westland Education Board .. 125 0 0 Paid-by Sohool Commissioners .. .. 250 0 0 Fenoing, repairs, Ac. .. .. .. 016 6 Miscellaneous (rates, &c.) .. .. 23 6 5 Balance at end of year .. .. .. 1,724 3 7 SB9 13 0 £1,889 13 0 Assets and Liabilities. Assets. £ s. d. Liabilities. £ s. d. Credit balance Bank of New Zealand, current Office salary due (three months) .. .. 3 18 9 acoount .. .. .. 108 3 7 Due for repairs, furniture, &c. .. .. 815 0 Plied deposits, Hank of New Zealand . ■ 1,200 0 0 Deposit, Hokitika Savings-bank .. .. 200 0 0 Balance Hokitika Savings-bank, current aocount .. .. .. 16 0 0 Hokitika Borough debentures .. 200 0 0 Interest due on debenture- .. .. 5 0 0 Rent due, Government House .. .. 8 5 0 Government House and grounds (estimated value) 920 0 0 . £2,657 8 7 £12 13 9 H. L. Michel, Chairman. Chas. Kirk, Secretary. Examined and found correct, subject to the remark that the Hokitika Borough debentures, in which school funds are invested, are not securities in which the Governors are authorised by law to invest such school funds.—J. K. Warburton, Controller and Auditor-General.