E.—7

22

Statement of Income and Expenditure. Expenditure. £ s. d. Income. £ s. (L Scholarships .. .. .. .. .. 200 0 0 Interest .. .. .. .. .. 302 4 9 Premium on debentures .. .. .. 5 0 0 Advertising .. .. .. .. .. 519 2 Excess income over expenditure .. .. .. 91 5 7 £302 4 9 £302 4 9 Balance-sheet as at 31st December, 1929. Liabilities. £ s. d. Assets. Capital funds .. .. .. .. 3,000 0 0 Investments— £ s. d. £ s. d. £ s. d. New Zealand Government inscribed Accumulated funds .. .. 2,120 15 2 i ' stock, SJ-per cent. (£900) .. 829 2 6 Add excess income over expendi- New Zealand Government bond ture, 1929 .. .. .. 91 5 7 (Soldier Settlement Loan), 5-J 2,212 0 9 percent. .. .. .. 100 0 0 929 2 6 Auckland Electric-power Board debentures, 5-J per cent. .. 600 0 0 Waitemata County Council debentures, 6 per cent. .. 3,200 0 0 Auckland City Council debentures, 5|- per cent. .. .. .. 300 0 0 Mount Eden Borough Council debentures, 5J per cent. .. 100 0 0 —— 4,200 0 0 Cash at Auckland Savings-bank .. .. 82 18 3 £5,212 0 9 £5,212 0 9 < —I—-1 —-- -■ i r -Tr - — ■■■ - DUEEUS LUBECKI SCHOLARSHIP. Statement op Receipts and Payments. Receipts. £ s. d. ! Payments. £ s. d. Balance, Auckland Savings-bank, Ist January, 1929 36 19 6 i Scholarships .. .. .. .. .. 77 10 0 Interest —- £ s. d. ! Balance, Auckland Savings-bank, 31st December, 1929 86 18 11 Auckland City Council debentures .. 510 0 Ellerslie Town Board debentures 120 0 0 Auckland Savings-bank .. .. 1 19 5 .127 9 C £164 8 11 £164 8 II Statement of Income and Expenditure. Expenditure. £ s. d. Income. £ s. d" Scholarships .. .. .. . . .. 77 10 0 Interest .. .. .. .. .. 127 9 5 Excess income over expenditure .. .. .. 49 19 5 £127 9 5 £127 9 5 Balance-sheet as at 31st December, 1929. Liabilities. £ s. d. Assets. £ s. d. Capital Fund .. .. .. .. 2,000 0 0 Investments— £ s. d. Ellerslie Town Board debentures, 6 per cent. .. 2,000 0 0 Accumulated funds .. .. 136 19 6 Auckland City Council debentures, 5 J per cent. 100 0 0 Add excess income over expenditure 49 19 5 Cash at Auckland Savings-bank .. .. 86 18 11 186 18 11 £2,186 18 11 £2,186 18 II SANDERS MEMORIAL SCHOLARSHIP. Statement of Receipts and Payments. Receipt*. £ s. d. Payments. £ s. d. Cash at Auckland Savings-bank, Ist January, 1929 118 610 Examination expenses .. .. .. 110 Interest — £ s. d. Cash at Auckland Savings-bank, 31st December, Auckland City Council debentures .. 5 10 0 1929 .. .. .. .. .. 254 3 7 Waitemata County Council debentures 126 0 0 Auckland Savings-bank .. .. 5 7 9 136 17 9 £255 4 7 £255 4 7