E.—6

NELSON COLLEGE BOARD. General Statement of Accounts fob the Year ended 31st December, 1925. 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 .. .. .. .. 1,089 18 0 Proportion of office expenses .. .. 26 17 7 Revenue from secondary-education re- Kates .. .. .. .. 9 0 3 serves .. .. .. .. 444 10 7 Transfers to— General Account, for repairs to buildings .. .. .. .. 730 4 0 Hostels Account .. .. .. 520 19 0 Secondary General Account .. 206 6 9 £1,534 8 7 £1,534 8 7 Library Capital Account :— Library Capital Account :— Money derived from sale of endowments 101 8 9 Balance, 31st December, 1924 .. 62 1 2 Transfer to General Account, Secondary Investment of moneys received from sales 85 18 6 Department .. .. .. 46 10 ] 1 £147 19 8 £147 19 8 Buildings and Sites Capital Account :— Buildings and Sites Capital Account :— Balance, 31st December, 1924 .. 497 13 10 Purchase of Waimea Iload property .. 1,499 14 8 Transfer from Hostels Account .. 1,499 14 8 Balance, 31st December, 1925 .. 497 13 10 £1,997 8 6 £1,997 8 6 Lower Department Account :— Lower Department Account :— Balance, 31st December, 1924 .. 285 19 6 Teachers' salaries and allowances .. 795 16 8 School fees .. .. .. 950 0 0 Incidental expenses .. .. .. 246 17 3 Balance, 31st December, 1925 .. 193 5 7 £1,235 19 6 £1,235 19 6 Hostels Account Hostels Account :— Balance, 31st December, 1924 .. 324 6 5 Proportion of office expenses .. .. 145 1 4 Boarding fees .. .. .. 11,455 9 11 Provisions .. .. .. .. 4,271 10 6 Refunds of advances to boarders .. 1,574 12 2 Fuel, light, &c. .. .. .. 799 11 8 Transfer from Endowments Income Ac- Wages of Matron and staff .. .. 2,598 7 8 count .. .. .. .. 520 19 0 Furniture, utensils, &c. .. .. 989 16 7 Repairs to buildings .. .. 405 17 4 Insurance, rates, &c. .. .. 107 13 10 Advances to boarders .. .. 1,624 19 1 Interest on loans for furniture, &c. .. 206 6 9 Other expenses .. .. .. 470 4 10 Transfer to Buildings and Sites Account 1,499 14 8 Balance, 31st December, 1925 .. 756 3 3 £13,875 7 6 £13,875 7 6 Secondary Department General Ac- Secondary Department General Account : — count: — Government payment for salaries of Balance, 31st December, 1924 .. 453 19 4 teachers .. .. .. .. 8,342 3 10 Teachers'salaries and allowances .. 9,148 0 2 Government payment for incidental ex- Incidental expenses .. .. .. 1,651 10 11 penses .. .. .. .. 1,397 10 0 Material for classes for manual and Government capitation for manual and science instruction .. .. 173 19 5 science instruction .. .. 176 5 10 Scholarship and bursaries .. .. 223 10 0 School fees .. .. .. 700 8 8 Maintenance of buildings .. .. 405 17 5 Interest .. •. • • • • 177 5 0 Interest, mortgage .. .. .. 206 6 9 Subsidies on voluntary contributions .. 36 0 0 Sundry expenses .. .. .. 914 12 1 Voluntary contributions for general pur- Transfer to Library Account .. .. 46 10 11 poses .. .. .. .. 283 2 4 Chaytor Scholarship .. .. 20 0 0 Government subsidy, grounds .. 500 0 0 Electric light .. .. .. 250 0 0 Refund, Tates .. .. .. 5 13 3 Sale of scrap iron .. .. .. 112 0 Cottage ........ 27 10 0 ■ Transfers from Endowments Income Account — Sanitary block .. .. .. 324 6 7 For repairs .. .. .. 405 17 5 Interest, mortgage .. .. 206 6 9 Balance, 31st December, 1925 .. 369 5 4 £13,223 7 0 £13,223 7 0

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