E.—6,

34

NELSON COLLEGE BOARD. General Statement op Accounts foe the Year ended 31st December, 1924. Receipts. Payments. £ s. d. £ s. d. Endowments Income Account :— Endowments Income Account Current income from reserves vested in Proportion of office salaries .. .. 41 1 0 Board .. .. .. 1,136 2 0 Proportion of office expenses .. .. 18 10 0 Revenue from secondarv-education re- Audit, rates, and valuation .. .. 14 9 2 serves .. .. " .. .. 383 12 5 Transfers to— New Buildings Account .. .. 638 18 1 General Account, for repairs to buildings .. .. .. .. 341 16 2 Hostels Account .. .. .. 232 10 0 Secondary General Account .. 232 10 0 £1,519 14 5 £1,519 14 5 Library Capital Account :— Library Capital Account :— Balance, 31st December, 1923 .. 809 5 7 Transfer to Buildings Account .. 1,505 15 0 Interest .. .. .. .. 34 8 3 Government subsidy .. .. 600 0 0 Balance, 31st December, 1924 .. 62 1 2 £1,505 15 0 £1,505 15 0 Buildings and Sites Capital Account :— Buildings and Sites Capital Account : — Government grant for Waimea Road Purchase of Waimea Road property .. 750 0 0 property .. .. .. 750 0 0 Sanitary conveniences .. .. 80 16 0 Government grant for cubicles, Fairfield 100 0 0 Class-rooms .. .. .. 78 19 6 Transfers from — Office furniture .. .. .. 21 1 9 Endowments Income Account .. 638 18 1 Payment on account, Fairfield . . 1,000 0 0 Secondary Department General Account 1,000 0 0 Balance, 31st December, 1924 .. 578 11 11 £2,509 9 2 - £2,509 9 2 Lower Department Account : — . Balance, 31st December, 1923 .. 209 7 5 Lower Department Account :— School fees.. .. .. .. 1,142 15 0 Teachers'salaries and allowances .. 811 2 3 Incidental expenses .. .. .. 255 0 8 Balance, 31st December, 1924 .. 285 19 6 £1,352 2 5 ■ £1,352 2 5 Hostels Account :— • ■ ■. Balance, 31st December, 1923 .. 2,040 13 1 Hostels Account:— Boarding fees .. .. .. 10,878 4 1 Proportion of office expenses .. .. 153 0 3 Refunds of advances to boarders .. 1,458 16 3 Provisions .. .. .. .. 4,681 5 9 Transfer from Endowments Income Ac- Fuel, light, &c. .. .. .. 754 17 9 count .. .. .. .. 232 10 0 Wages of Matron and staff .. .. 2,762 14 8 Furniture, utensils, &c. .. .. 570 6 8 Repairs to buildings.. .. .. 341 16 2 Insurance, rates, &c. .. .. 65 0 0 Advances to boarders .. .. 1,531 19 3 Interest on loans for furniture, &c. .. 232 10 0 Other expenses .. .. .. 1115 0 Balance, 31st December, 1924 .. 3,504 17 11 £14,610 3 5 £14,610 3 5 Secondary Department General Ac- Secondary Department General Account :— count :— Government payment for salaries of Balance, 31st December, 1923 .. 1,928 17 5 teachers.. .. .. .. 7,839 17 4 Teachers'salaries and allowances .. 8,762 011 Government payment for incidental ex- Incidental expenses .. .. .. 1,335 11 9 penses .. .. .. .. 1,362 10 0 Material for classes for manual and Government capitation for manual and science instruction .. .. 143 8 9 science instruction .. . . 165 13 6 Scholarships and bursaries .. .. 192 18 6 School tees.. .. .. .. 758 16 0 Maintenance of buildings .. .. 341 16 2 Interest .. .. .. .. 179 5 0 Rates and taxes . . .. .. 25 0 0 Subsidies on voluntary contributions .. 90 0 0 Interest, mortgage .. .. .. 232 10 0 Voluntary contributions for general pur- Electric-light installation .. .. 868 6 4 poses .. .. .. .. 504 17 1 Gramophone, tennis-courts and grounds 306 5 0 Chaytor Scholarship.. .. .. 20 0 0 Lawn-mower, desks, lockers, &c. .. 165 11 2 Grant, cupboards and desks .. .. 91 12 0 Transfer to Buildings and Sites Capital Transfers from Endowment Income Ac- Account .. .. .. s. 1,000 0 0 count — For repairs .. .. .. 341 16 2 Interest, mortgage . . .. 232 10 0 Balance, 31st December, 1924 .. 3,715 8 11 £15,302 6 0 £15,302 6 0