E.—7

20

WORKERS' EDUCATIONAL ASSOCIATION. Statement of Receipts and Payments. Receipts. Payments. Balance Ist January, 1928 — £ s. d. £ s. d. Salaries— £ s. d. £ s. d. Bank of New Zealand .. .. 264 13 10 Staff .. .. .. .. 857 15 8 Auckland Savings-bank .. 508 15 10 Tutors .. .. .. .. 671 11 9 773 9 8 —— 1,529 7 5 Statutory grant .. .. 750 0 0 Library— National Endowment grant from Auckland University Books .. .. 81 16 8 College .. .. .. .. .. 400 0 0 Periodicals .. .. .. 2 2 5 Donations, District Council .. .. .. 363 4 9 83 19 1 Subsidies on donations — £ s. d. Lecture requisites .. .. .. .. 19 0 0 1927 .. .. .. .. 135 0 0 Advertising.. .. .. .. .. 57 6 3 1928 .. .. .. .. 226 3 9 Stationery .. .. .. .. .. 32 11 5 — 361 3 9 Travelling-expenses .. .. .. .. 148 8 9 Interest, Auckland Savings-bank .. .. 10 1 1 Telephones, &c. .. .. .. .. 816 3 j Repairs .. .. .. .. .. 076 Lighting .. .. .. .. .. 17 9 0 Heating .. .. .. .. .. 0112 Gas .. .. .. .. .. 0 4 11 Rent .. .. .. .. .. 50 0 0 Caretaking .. .. .. .. .. 17 0 0 General expenses .. .. .. .. 1777 Balance— Bank of New Zealand, 31st December, 1928 .. .. .. .. 238 9 8 Auckland Savings - bank—■ £ s. d. Carnegie Fund 518 16 11 Less refund, Library purchases .. 81 16 8 ——— 437 0 3 675 9 11 £2,657 19 3 £2,657 19 3 Statement of. Income and Expenditure. Expenditure. £ s. d. Income. £ s. d. ■Salaries .. .. .. .. .. 1,529 7 5 Government grant .. .. .. .. 750 0 0 Library periodicals .. .. .. .. 225 National endowment from Auckland University Lecture requisites .. . . .. 19 0 0 College .. .. .. .. .. 400 0 0 Advertising .. .. .. .. .. 57 6 3 Donations from District Council .. .. 363 4 9 Stationery .. .. .. .. 32 11 5 £ s. d. Travelling-expenses .. .. .. .. 148 8 9 Subsidies on donations .. 226 3 9 Telephones, &c. .. .. .. .. 816 3 Subsidies on donations accrued .. 141 1 0 Repairs .. .. .. .. .. 0*76 367 4 9 Lighting .. .. . . .. 17 9 0 Interest, Auckland Savings-bank .. .. 10 1 1 Heating .. .. .. .. .. 0112 Excess of expenditure over income .. .. 62 1 4 Gas .. .. .. .. .. .. 0 4 11 Rent.. . . .. .. .. .. 50 0 0 Caretaking .. .. .. .. .. 17 0 0 General expenses .. .. .. .. 1777 Depreciation, library .. .. . . 51 19 3 £1,952 11 11 £1,952 11 11 Balance-sheet as at 31st December, 1928. Liabilities. £ s. d. £ s. d. Assets. £ s . d. Carnegie Library Fund .. .. 254 711 Library .. .. .. .. .. 467 13 4 Less 1928 library purchases .. .. 81 16 8 Subsidy due .. .. .. .. .. 141 j 0 £ s. d. 172 11 3 Cash at Bank of New Zealand .. 238 9 8 Subsidy, Carnegie Library Fund .. 254 7 11 Cash at Auckland Savings-bank 437 0 3 426 19 2 — 675 9 u Accumulated Funds, 31st December, 1928 837 9 9 Less excess expenditure over income .. 62 1 4 775 8 5 Add 1928 library purchases from Carnegie Funds .. .. .. 81 16 8 —— 857 5 1 £1,284 4 3 £1,284 4 3