H.—2l.

Main Income and Expenditure Account for the Year ended 31st March, 1941. (Figures to nearest pound only. Expenditure. £ Income. Advertising .. .. .. .. .. 10 Contributions — £ Audit fees .. .. .. .. .. 25 New Zealand Government .. .. .. 8,000 Cleaning .. .. .. .. .. .. 73 Local bodies— £ Educational services .. .. .. .. 279 Wellington City Coijncil .. .. 1,700 Exhibitions in Art Gallery (excluding Centennial Art Wellington Harbour Board .. .. 500 Exhibition) .. .. .. .. . . 24 Lower Hutt City Council .. . . 250 Exhibitions in Museum .. . . .. . . 70 Palmerston North City Council .. . . 190 Freight and cartage .. .. .. . . 24 Pctone Borough Council .. .. 140 Fuel, light, power, and water .. .. . . 497 Hutt County Council .. .. . . 40 Insurances .. .. .. .. .. 98 Eastbourne Borough Council .. .. 30 Miscellaneous .. .. .. .. .. 11 Horowhenua County Council .. .. 15 Office expenses .. .. .. . . .. 27 Masterton County Council .. . . 15 Photographic supplies .. .. .. .. 46 Wairarapa South County Council .. 15 Postages, telegrams, and toll calls . . .. . . 70 Levin Borough Council .. .. . . 10 Printing and stationery .. .. .. .. 75 Otaki Borough Council .. .. .. 5 Repairs and maintenance of buildings and •equipment . . 166 2,910 Salaries .. .. .. .. .. .. .7 ,341 Carillon-lift receipts .. .. .. ... 49 Specimens and pictures, preparation of . . .. * 224 Cloak-room receipts .. .. .. .. 32 Subscriptions to societies .. .. . . .. 37 Film-lecture receipts .. .. .. .. 61 Telephones and fire-alarms .. .. .. . . 91 Hire of Lecture Hall .. .. .. . . 11 Travelling allowances and expenses .. .. .. 100 Miscellaneous .. .. .. .. ■■ 11 Uniforms .. .. .. .. .. .. 17 Rent of cottage .. .. .. . . . . 13 Balance carried down .. .. .. .. 2,007 Salaries, &c., contribution towards, by New Zealand Academy of Fine Arts .. .. .. .. 225 £11,312 £11,312 £ £ Capital purchases from revenue .. .. .. 709 Balance brought down .. .. .. .. 2,007 Appropriations— Accumulated surplus (general) .. .. . . 142 Repairs, Renewals, and Extensions Reserve .. .. 1,000 Interest on investments .. .. .. .. 164 Picture Purchase Reserve .. .. .. .. 150 Sale of assets .. .. .. .. .. 30 Museum Exhibits Purchase Reserve .. .. 150 Educational Purposes Reserve— Art Gallery .. .. .. . . .. 100 Museum .. .. .. .. .. 100 Balance carried forward .. .. .. .. 134 £2,343 £2,343 Balance-sheet as at 31st March, 1941. (Figures to nearest pound only.) Liabilities. £ Assets. Capital .. .. .. .. .. .. 338,684 Land, buildings, and improvements— £ £ Sundry creditors .. .. .. .. .. 66 Land .. .. .. .. .. 30,000 Special reserves— £ Buildings .. .. .. .. 195,414 Centennial Art Exhibition Reserve— .. 610 Approach steps and terraces .. .. 4,300 - -Educational Purposes Reserve — Ground improvements .. .. .. 6,185 Art Gallery .. .. .. .. 1,100 Floodlights .. .. .. .. 482 Museum .. .. .... 400 —— 236,381 Picture Purchase Reserve .. .. 355 Exhibits — Museum Exhibits Purchase Reserve .. 300 Museum .. .. .. .. 50,615 Repairs, Renewals, and Extensions Reserve 3,750 Art Gallery .. .. .. 28,960 6,515 ' 79,575 Centennial Art Exhibition Suspense Account . . .. 706 Furnishings and equipment— Accumulated surplus— Cinematograph equipment .. .. 805 General .. .. .. .. .. 134 Furnishings .. .. .. .. 18,557 Tea-rooms .. .. .. .. .. 102 Library .. .. .. .. 980 Mochanical appliances .. .. .. 174 Miscellaneous equipment .. . . 143 Photographic apparatus .. .. .. 504 Scientific apparatus .. .. .. 66 Tea-rooms equipment .. .. .. 695 Tools .. .. .. .. .. 119 22,043 Consumable stores in tea-rooms .. .. .. 8 Publications (stock) .. .. .. .. 12 Sundry debtors .. .. .. . . .. 103 Investment with Public Trustee .. .. .. 4,862 Imprest advances .. .. .. .. .. 60 £ Cash in hand .. .. .. .. 28 Cash at bank, less unpresented cheques .. 3,135 3,163 £346,207 £346,207 J. R. Deal, Treasurer. The Audit Office, having examined the Balance-sheet and accompanying Accounts required by law to be audited, hereby certifies them to be correct. —Cyril G. Collins, Controller and Auditor-General.

Approximate Cost of Paper.—Preparation, not given; printing (035 copies, including illustrations), £23.

By Authority: E. V. Paul, Government Printer, Wellington.—l94l.

Price fid,.]

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