E. 6

Balance-sheet. Liabilities. £ s. d. £ s. d. I Assets. Balance Account .. .. 3,805 7 4 | Boys'accounts outstanding— £ s. d. £ s. d. Plus transfer from General Account 479 5 3 Collegiate School .. .. 939 6 2 4,284 12 7 St. George's School .. .. 187 17 2 Sundry creditors .. .. .. 102 12 2 I 1,127 3 4 Endowment funds— ! Rent accounts outstanding .. .. 1,238 4 2 Scholarships .. .. .. 3,000 0 0 — School prizes .. .. .. 511 14 0 2,365 7 6 3,511 14 0 Collegiate SchoolSchool funds— Buildings .. .. .. 81,619 0 0 Library .. .. .. 171 19 1 Furniture (£4,475 65., less depre-Book-room .. .. .. 703 9 3 ciation £223 15s. 4d.) .. 4,251 10 8 Collegian .. .. .. 188 0 0 Pianos (£952 os. 2d., less deprcciaWorkshop .. .. .. 164 14 2 tion £95 45.) .. .. 856 16 2 Cadet corps .. .. .. 29 6 7 86,727 6 10 Games .. .. .. 99 0 0 St. George's SchoolGymnasium .. .. .. 92 11 3 Buildings .. .. .. 23,207 17 3 Headmaster's Scholarship .. 166 2 6 Grounds .. .. .. 2,298 410 1,615 2 10 Furniture (£1,553 9s. 2d., less deProvident Fund .. .. .. 9,105 5 3 preciation £77 13s. 6d.) .. 1,475 15 8 Mortgages— 26,981 17 9 A.M.P. Society (school) ..81,600 0 0 Estate buildings .. .. .. 2,650 0 0 Less repayment, 1929 .. 850 0 0 Roads .. .. .. .. 13,004 1 11 Section Ib, London Street .. .. 650 0 0 80,750 0 0 Grev Street house .. .. .. 973 4 4 A.M.P. Society (St. George's) ..25,000 0 0 Tayforth land .. .. .. .. 2,093 15 8 Steward's stores on hand .. .. 198 4 0 105,750 0 0 Sinking Fund, St. George's School Grey Street house .. .. 850 0 0 loan.. .. .. .. .. 1,756 16 3 Tavforth land.. .. .. 1,500 0 0 Boys'extras paid but not charged— 108,100 0 0 : Collegiate School .. .. 1,513 13 4 Temporary loans .. .. .. 7,364 1111 St. George's School .. .. 192 1 2 Suspense Account .. .. .. 1,959 0 8 1,705 14 6 Bank of New South Wales .. 3,112 9 5 Sundry debtors .. .. .. .. 96 5 7 Plus unpresented cheques .. 76 0 6 Cash on hand .. .. .. .. 28 15 0 3,188 9 11 £139,231 9 4 £139,231 9 4 A. G. Bignell, Chairman. J. P. Williamson, Secretary. I have examined the books and accounts of the Whanganui College Board of Trustees for the year ended 31st December, 1929, and certif3' that the foregoing statement of accounts are in accordance therewith, and that in my opinion the above Balance-sheet is properly drawn up so as to exhibit the true position of the affairs of the Trust as disclosed by the books at 31st December, 1929. — T. Ballingall, F.P.A.N.Z., Auditor. Wanganui, 4th March, 1930.

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