33

E.—6

NELSON COLLEGE BOARD. General Statement of Accounts for the Year ended 31st December, 1923. Receipts. Payments. Endowments Income Account -. — £ s. d. Endowments Income Account :— £ s. d. Current income from reserves vested in Proportion of office salaries .. ~ 41 1 0 Board .. .. .. .. 1,171 18 0 Proportion of office expenses .. .. 17 9 0 Revenue from secondary-education re- Rates .. .. .. .. 16 810 serves .. .. .. .. 284 1 8 Transfers to — New Buildings Account .. .. 637 17 10 General Account, for repairs to buildings .. .. .. 278 3 0 Hostels Account .. .. .. 232 10 0 Secondary General Account, .. .. 232 10 0 £1,455 19 8 £1,455 19 8 Library Capital Account :— Library Capital Account :— Balance, 31st December, 1922 .. ..2,260 8 4 Transfer to Buildings Account .. ..2,370 18 S Interest .. .. .. .. 19 15 6 Balance, 31st December, 1923 .. .. 809 5 7 Government subsidy .. .. .. 900 0 0 £3,180 3 10 £3,180 3 10 Buildings and Sites Capital Account :— Buildings and Sites Capital Account :— Transfers from— Balance, 31st December, 1922 .. .. 1,875 1 9 Endowments Income Account .. 637 17 10 Sanitary conveniences .. .. 472 5 0 Secondary Department General Account 1,730 0 0 Balance, 31st December, 1923 .. .. 20 11 1 £2,367 17 10 £2,307 17 10 Lower Department Account : — Lower Department Account :— Balance, 31st December, 1922 .. .. 172 2 8 Teachers'salaries and allowances .. 755 0 0 School fees .. .. .. .. 1,081 15 0 Incidental expenses .. .. .. 289 10 3 Balance, 31st December, 1923 .. .. 209 7 5 £1,253 17 8 £1,253 17 8 Hostels Account :— Hostels Account : — Balance, 31st December, 1922 .. .. 46 7 3 Proportion of office expenses .. .. 134 10 9 Boarding fees .. .. ..10,590 5 1 Provisions .. .. .. ~ 4,419 9 3 Refunds of advances to boarders .. 1,451 16 10 Fuel, light, &c. .. .. .. 734 4 2 Transfer from Endowments Income Ac- Wages of Matron and staff .. .. 2,402 14 6 count .. .. .. 232 10 0 Furniture, utensils, &c. .. .. 532 711 Repairs to buildings.. .. .. 278 3 0 Insurance, rates, &c. .. .. 09 3 0 Advances to boarders .. .. 1,463 3 0 Interest on loans for furniture, &c. .. 232 10 0 Other expenses .. .. .. 14 0 0 Balance, 31st December, 1923 .. 2,040 13 1 £12,320 19 2 £12,320 19 2 Secondary Department General Ac- Secondary Department General Account : —■ count :— Government payment for salaries of Teachers' salaries and allowances .. 8,743 5 3 teachers .. .. .. .. 8,209 14 2 Incidental expenses .. .. .. 1,505 17 0 Government payment for incidental ex- Material for classes for manual and penses .. .. .. .. 1,314 3 4 science instruction .. .. 167 8 1 Government capitation for manual and Scholarships and bursaries .. .. 269 2 3 science instruction .. •.. 160 9 6 Maintenance of buildings .. .. 278 3 0 School fees.. .. .. .. 717 18 0 Wireless sets .. .. .. 40 0 0 Interest .. .. .. .. 164 10 2 Interest, mortgage .. .. .. 232 10 0 Chaytor Scholarship.. .. .. 20 0 0 Transfer to Buildings and Sites Capital Transfers from Endowment Income Ac- Account.. .. .. .. 1,730 0 0 count— For repairs .. .. .. 278 3 0 Interest .. .. .. .. 232 10 0 Balance, 31st December, 1923 .. 1,928 17 5 £13,026 5 7 £13,026 5 7 Statement of Amounts due to Board and of Inabilities as at 31st December, 1923. Liabilities. £ s. d. Amounts due to Board. £ s. d. Sites, unpaid purchase-money .. .. 3,770 0 0 Rents accrued and not paid .. .. 501 17 4 Principal of loans .. .. .. 4,000 0 0 Interest accrued and not paid .. .. 27 12 6 Other liabilities .. .. .. 5,655 310 Lower-department fees .. .. 16 0 0 Hostels Account— Boarding fees .. .. .. 1,025 2 11 Advances to boarders .. .. 625 18 2 Secondary General Account — Fees ' .. .. .. .. 56 14 0 Salaries duo from Department .. 113 3 0 Inscribed stock .. .. .. 1,000 0 0 Investments .. .. .. .. 1,950 0 0 Balance, current account .. .. 545 15 11 Cash on hand.. .. .. .. 605 3 10 £13,925 3 10 £6,467 7 8

5—E. 6.