E.—7

Balance-sheet as at 31st December, 1938 —continued. Liabilities continued. £ j £ ,d. Household requisites .. ■. 196 16 5 Less depreciation .. .. 39 4 0 157 12 5 Plus purchases, 1938 .. 23 17 8 F 181 10 1 Provisions .. .. • • • • n? i? « . Sundry debtors : Boarding fees .. 21 11 b Helen Connon Hall — Site 4,800 0 0 Building .. •• •• 9,914 4 0 Less depreciation .. . • 297 8 0 F 9,616 16 0 Furniture .. .. 1,210 14 11 Less depreciation .. .. 121 0 0 j 1,089 14 11 Plus purchases, 1938 .. 91 8 8 1,181 3 7 Utensils .. . ■ ■ ■ 184 2 1 Less depreciation .. ■ . 36 16 0 147 6 1 Plus purchases, 1938 .. 41 3 8 j F 188 9 9 Provisions .. .. • ■ ■ • 6 0 0 Sundry debtors: Boarding fees .. 5 4 6 T. W. Adams School of Forestry— Site 2,780 0 0 Buildings .. ■ • • ■ 665 9 6 Less depreciation .. . . 33 5 0 r 632 4 6 Investment .. •• 1,610 0 0 Students' Loan Fund : Loans .. . • 502 15 0 j Dr. Mickle Students' Loan Fund — Investments .. .. • • • ■ 500 0 0 Loans .. .. •• • • •' £488,368 4 1 j £488,368 4 1 ASSOCIATION FOR COUNTRY EDUCATION. Statement of Receipts and Payments. Receipts. £ b. d. Payments. £ ■. d Balance .. .. .. .. ■■ 1,072 5 b Salaries .. •• •• •• .>11,17 9 Carnegie Corporation grant " 5 BaLnce expenses .. •• l Interest 17 9 6 _ a^ance £1,679 1 0 £1,079 1 u Statement of Income and Expenditure. . 797 li d 9 Balance .. .. •• £• J Library books'('transferred to Government) .. 250 0 0 Carnegie Corporation grants '1? 9 3 General expenses 31 Interest Depreciation: Furniture, &c. .. •• •• 4 u Balance 275 19 4 £1,662 12 3 £1,662 12 3 Balance-sheet as at 31st December, 1938. Liabilities. s. d. Assets. £s d £s d. Income and Expenditure balance . • • ■ 275 19 4 ■ • Carnegie grant for 1939 (on account) .. .. «♦ « Wfgmgg*** ■■ ;; «» 2 254 13 6 Cash 570 12 1 £825 5 7 £825 5 7

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