G.—4a

2

MANGATU No. 1. Balance-sheet as at 31st March, 1924. Liabilities. Assets. Public Trustee— £ s. d. £ s. d. £ s. d. £ s. d. Mortgage Account ..49,033 9 1 Freehold property.. .. .. 195,237 0 0 Less amount on hand on Roads .. .. .. 2,092 5 1 account of rents .. 2,541 1 5 Survey expenses .. .. 287 8 6 46,492 7 8 2,379 13 7 Mortgage Account (Puku- Advances — tarewa) .. .. 15,000 0 0 Waingaromia and RangaInterest accrued .. 32 1 0 tira .. .. .. 10,492 18 7 15,032 1 0 W. L. Roes .. .. 1,024 1 1 Bank of Australasia — Sundry blocks .. 326 0 9 Mortgage Account .. 10,000 0 0 Owners in Mangiitu No. I 4,528 4 J Interest accrued .. 299 3 7 Distribution Account .. 304 0 0 10,299 3 7 Owners on account of Royal Current Account .. 12,127 0 11 Commission .. .. 1,118 11 0 Interest accrued .. 290 14 8 Owners' appeal on account 12,417 15 7 of Blocks Nos. 1 and 4.. 524 14 7 Native Trustee— 18,918 10 1 Mortgage Account .. 20,000 0 0 Valuation and Arbitration Interest accrued .. 582 6 7 Account. .. .. .. 66 5 0 20,582 6 7 Sundry debtorsMoney advanced by way of On Open Account .. 3,947 0 3 loan — Outstanding rents .. 1,776 16 9 Mangatu Nos. 3 and 4 5,723 17 0 Blocks .. .. 4,262 14 5 Investments Interest on same .. 261 13 3 Poverty Bay Farmers' 4,524 7 8 Meat Company (Li- £ Sundry creditors on Open Account .. 1,651 13 4 mitcd) .. .. 500 Capital Account .. .. .. 159,471 6 3 Less amount written oil .. ..495 5 0 0 Williams and Kettle (Limited), (shares) .. 35 0 0 40 0 0 Pukutarewa Farm Account.. 10,671 2 1 Live-stock .. .. 5,721 7 0 16,392 9 1 Waitangirua Farm Account 3,615 11 6 Live-stock .. .. 4,774 1 0 8,389 12 0 Wairere Farm Account .. .. 50 0 0 F. M. Cleary Imprest Account .. 50 0 0 Mangatahu Farm Account .. 6,108 15 1 Live-stock .. .. 8,814 Hi 0 14,923 11 1 Office furniture .. .. .. 15 15 0 Produce unrealized — Waitangirua —Wool .. 778 16 2 Pukutarewa — Wool .. .. 35 9 10 Mutton .. .. 273 15 0 Mangatahu— Wool .. .. 1,649 6 1 Mutton .. .. 732 15 0 3,470 2 1 Income Account .. .. .. 4,814 6 3 £270,471 1 8 £270,471 1 8 Auditor's Certificate. I have audited the accounts of Mangatu No. 1 Block, East Coast Native Trust lands, for the year ended 31st March, 1924, and my report on the audit of the accounts is contained in my letter of even date to the Hon. the Minister of Native Affairs. Wellington, 15th September, 1924. Arthur T. Clarke, Auditor.