B.—l [PT. IV]

" TARANAKI MAORI TRUST BOARD Receipts and Payments Account for the Year ended 31st March, 1944 Receipts Payments Balance as at Ist April, 1943— £ £ Grants— £ Bank .. .. .. .. .. 7,956 Marae —• Investment: Liberty and war loans .. 1,500 Renovation .. .. .. .. •. 554 9,456 Miscellaneous .. .. .. .. •. 53 Compensation grant .. .. .. .. .. 5,000 District .. .. .. .. .. .. 1,235 Interest on Liberty Loans .. .. .. .. 31 Education .. .. . . • • • • 336 Rent 72 Health 200 Special .. .. .. .. .. •. 212 Administration of Board— £ Members' allowance and expenses .. .. 60 Secretary's salary .. .. .. 363 Honorarium, countersigning officer .. .. 10 Office .. .. .. .. •. 151 Office renovation.. .. .. •• 17 601 Credit balance— War loans— Previous balance .. .. .. 1,500 3rd Loan .. .. .. •• 1,500 3,000 Cash — £ In bank .. .. .. 8,321 In hand .. .. . • 47 8,368 11,368 £14,559 £14,559 Income and Expenditure Account for the Year ended 31st March, 1944 Expenditure Income £ Grants— £ Compensation grant .. .. .. • • 5,000 Marae — Rent .. .. .. .. .. • • 72 Renovation .. .. .. .. .. 250 Interest — £ Miscellaneous .. .. • • .. • • 186 Received .. .. . • • • 31 Distriot .. .. .. •• •• 1,200 Accrued .. .. .. .. 12 Education .. .. •. • • • • 347 — 43 Special .. .. .. • • • • • • 212 Rehabilitation .. .. .. .. •• 2,000 Administration of Board— £ Members' allowances and expenses .. .. 93 Secretary's salary .. .. • • 278 Honorarium, countersigning officer .. .. 20 Office .. .. .. .. • • 213 604 Excess of income over expenditure .. . . .. 316 £5,115 £5,115 Balance-sheet as at 31st March, 1944 Liabilities Assets £ Grants £ Compensation grant outstanding .. .. .. 3,000 Marae— Furniture and fittings .. .. .. .. 92 Renovation .. .. .. .. .. 2,161 Land and buildings.. .. .. .. .. 1,128 Miscellaneous .. .. .. . . .. 329 Sundry debtors .. .. .. .. .. 362 District .. .. •• •• •• 1,247 Cash balances — £ £ Health .. .. .. .. .. •• 2,400 In bank.. .. .. .. 8,321 Education .. .. .. .. . • 100 In hand.. .. .. •. 47 Rehabilitation .. .. •. . ■ .. 2,000 — - 8,368 Reserve funds .. .. .. .. 2,019 War loans .. .. .. .. 3,000 Office •• 475 11,368 Appropriation Account— £ Balance at 31st March, 1943 .. .. 5,303 Add excess of income over expenditure .. 316 5,619 Less transfer to General Reserve .. .. 400 5,219 £15,950 £15,950 The Audit Office, having examined the Balance-sheet and accompanying accounts required by law to be audited, hereby certifies them to be correct subject to the following —Comment: As Parliament has not provided in the Appropriations for the payment of the compensation grant of £3,000, the item " Compensation grant outstanding, £3,000 " should not be shown in the Balance-sheet as an asset of the Board. Exception : No receipted vouchers or invoices were produced at audit in respect of payments to District Committees amounting to £1,012 lis. 3d. —Cyril G. Collins, Controller and Auditor-General.

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