H.—2l

Income and Expenditure Account for the Year ended 31st March, 1943 (Figures to nearest pound.) Expenditure £ Income Advertising ~ .. .. .. .. 14 Contributions— £ Audit fees .. .. .. ~ .. .. 22 New Zealand Government .. .. .. .. 8,500 Cleaning .... .. .. .. .. 63 Local bodies— £ Educational services .. .. .. .. 149 Wellington City Council .. .. ~ 1,700 Freight and cartage .. ~ .. .. .. 59 Wellington Harbour Board . . .. 500 Fuel, light, power, and water . . .. .. .. 365 Lower Hutt City Council .. .. 300 Insurances .. . . .. .. .. .. 308 Palmerston North City Council . . .. 190 Office expenses .. .. .. .. Petone Borough Council .. .. .. 100 Photographic supplies .. . . .. .. 14] Hutt County Council .. . . .. 40 Postages, telegrams, and toll calls .. .. . . 37 Eastbourne Borough Council . . .. 30 Printing and stationery .. . . . . . . 182 Masterton Borough Council . . .. 15 Rent for Art Gallery temporary premises .. .. 661 Masterton County Council . . . . 15 Repairs and maintenance : Buildings and equipment .. 569 Wairarapa South County Council . . .. 15 Salaries .. .. .. .. .. 6,053 Levin Borough Council .. .. .. 10 Specimens and pictures, preparation of .. 122 Otaki Borough Council .. .. . . 5 Subscriptions to societies .. .. .. .. 31 2 920 Telephones and fire-alarms .. .. .. .. 72 Cloak-room receipts .. .. .. .. 5 Travelling allowances and expenses .. .. .. 132 Miscellaneous receipts .. .. . . .. 8 Uniforms .. .. .. .. ~ ~ 32 Now Zealand Academy of Fine Arts : Contribution towards Balance carried down .. .. .. ..3,385 salary of, &e. .. .. .. .. .. 225 Rent for occupation of portion of buildings .. .. 757 £12,415 £12,415 £ £~ Capital purchases from revenue .. .. .. 639 Balance brought down .. .. .. .. 3,385 Appropriations— Accumulated surplus (general) .. .. .. 122 Repairs, Renewals, and Extensions Reserve .. .. 1,000 Interest on investments .. .. .. .. 262 Art Gallery and Museum Rehabilitation Reserve .. 1,000 Sale of assets .. .. .. . . .. 30 Educational Purposes Reserve— Art Gallery .. .. . . .. ~ 250 Museum .. .. .. .. .. 250 Picture Purchase Reserve .. .. .. .. 250 Museum Exhibits Purchase Reserve .. .. .. 250 Balance carried forward .. . . .. . . 160 £3,799 £3,799 Balance-sheet as at 31st March, 1943 (Figures to nearest, pound.) Liabilities £ £ Assets Capital: Balance at beginning of period .. 339,049 Land, buildings, improvements— £ £ Add— £ Land .. .. .. .. .. 30,000 Capital purchases from revenue .. 639 Buildings .. .. .. .. 195,414 Capital purchases from reserves .. 105 Approach steps and terrace .. .. 4,300 744 Ground improvements .. .. .. 6,185 Floodlights .. .. .. .. 482 339,793 236,381 Less cost-price of assets sold .. .. 143 Exhibits— 339,650 Museum .. .. .. ..50,729 Sundry creditors .. .. .. .. .. 13 Art Gallery .. .. .. .. 29,408 Special reserves— ' 80 ]37 Art Gallery Special Purposes Reserve .. 114 Furnishings and equipment— Art Gallery and Museum Rehabilitation Cinematograph equipment. . ~ .. 688 Reserve .. .. .. .. 1,000 Furnishings .. .. .. .. 19,092 Buildings Fund Reserve .. .. .. 327 Library .. .. .. I 233 Centennial Art Exhibition Reserve .. .. 610 Mechanical appliances .. .. .. ' 174 Education Purposes Reserve — Miscellaneous equipment .. . . . . 440 Art Gallery .. . . . . . . 1,800 Photographic apparatus .. .. .. 548 Museum .. . . .. . . 1,200 Scientific apparatus .. .. . . 110 Museum Exhibits Purchase Reserve .. 550 Tea-rooms equipment .. ~ .. 696 Picture Purchase Reserve .. . . .. 736 Tools . . . . .. .. . . 150 Repairs, Renewals, and Extensions Reserve . . 5,750 23 131 12,087 Publications (stock) .. .. .. .. 43 Centennial Art Exhibition Suspense Account .. .. 420 Sundry debtors . . .. .. . . .. 270 Accumulated surplus— Investments— General .. .. .. .. .. 160 Deposit with Public Trustee .. .. .. 5,208 Tea-rooms .. .. .. .. .. 75 New Zealand Government Liberty Bonds .. .. 3,000 Fixed deposit with Bank of New Zealand .. .. 1,000 Deposit with Post Office Savings-bank .. .. 511 Imprest accounts .. .. .. .. . . ] 0 £ Cash in hand .. .. .. .. 827 Cash in bank, less unpresented cheques . . 1,887 ■ 2,714 £352,405 £352,405 J. R. Deal, Treatsurer. The Audit Office, having examined the balance-sheet and accompanying accounts required by law to be audited, hereby certifies them to be correct. - C. 6. Collins, Controller and Auditor General. Approximate Cost of Paper.—Preparation, not given ; printing (621 copies), £13.

By Authority: E, Y. Paul, Government Printer, Wellington.—l 943. Price 6d.]

7