RETORT OF G.F.S. LODGE COMMITTEE.

Waiapu Church Gazette, Volume XII, Issue 6, 1 December 1921, Page 2 (Supplement)

RETORT OF G.F.S. LODGE COMMITTEE.

The Lodge Committee have the pleasure of presenting their sixth Annual Report, which is quite as satisfactory as the previous ones. During the past year the adjoining house has been connected with the Lodge by a corridor, and this enables us to accommodate 8 more boarders, The cost of work,; expended on this building was £170 Is 3d and was paid for out of the Extension Fund. This fund is now £1217 5s 4d m credit, but this will not justify any further building operations at the present price of labor and materials. In the twelve months we have had an average of 8 for the* first 6 months, and 15 for the next 6 months, permanent boarders ; and about 268 transit visitors. The Balance-sheet annexed shows that the finances of the domestic department are m a sound condition, considering the high prices of. all commodities ; and this shows excellent management on the part of MissMakeig, our Matron, who also takes a very keen interest m the Lodge and the girl residents. The Committee wish to express their hearty thanks, to all those friends who have contributed donations to the funds, as well as to those who have sent fruit, flowers, and other welcome gifts to the Lodge. Yours faithfully, . MARIE S. WHITE, Hon. Sec, G.F.S. Lodge. 11th August, 1921. Statement of Accounts for Year ended 31st March, 1921. . Income.— Boarders £1212 9s 7d, •Subscriptions £171, Rents £64 16s, Repairs and Refunds' £14 9s 4d; £1462 14s lid. . Expenditure.— Provisions £450 15s 6d, Domestic £332 2s lOd, Wages £254 8s lOd, Insurance arid Rates £45 4s 4d, Administration £30 9s lid,. Legal £1 2s, Advertising £41 18s 2d, Sundries £14 7s lOd, Allowance for Depreciations £292 5s 6d; £1462 14s lid. Assets.— Freehold Property £3220, Additions £170 Is 3d, Furnishings £318, Additions £111 18s sd, Rent

Outstanding £^,' l6s, Deposits, Williams and/ Kettle £772 Os 9jd, P.O, Savings Bank £510 2s 6d, Balance- at Bank of New Zealand (less outstanding cheques) 5£297- ■• 7s -2d, Cash at Lodge £20.; £5427 6s Id. ; Liabilities.---Capital at 31st March i 1920 £3047 14s,' Transfer from Ex-- ; tension Fund £670 Is 3d, Extension Fund £1217 5s 4d, Reserve for Depreciation £492 -ss*»6d; /Total, £5427 tis ■ id. ""-,'v'."'.v;:: : v i:'^: : . ';v^:,^ ; ;: .... .-'/EXTEpIOtf FUND.-- '7:';^ Receipt^ BalanCfijat 3)Lst Match , 1920 £462 l's Bd, Subscriptions during the year £1377 '1is Bd, Interest £47. 13s 3d; JEIBB7 6s 7d., ' , .- Expenditure.— Transfer to Capital Account, Mortgage repaid £500, Additions to Buildings £170 Its 3d;' Balance £1217 5s 4d; £1887 6s 7d. "': >. Examined and found correct. R.'W: HANSARD, V^ - Auditor. " : r - W. J. PALLOT, F;LA,N;Z.,, , * Treasurer.,. Napier, 29th July; 1921.