B.—l [PT. TV]

MAORI PURPOSES FUND BOARD Receipts and Payments Account for the Year ended 31st March, 1942 Receipts £ £ Payments £ £ Balance, Ist April, 1941 : Native Trust Office .. 44,326 Administration oxpenses— Less Waiariki Board imprest overdrawn .. 30 Audit fee .. .. ~ ~ 21 44,296 Commission ... .. .. .. 60 Interest: Native Trust Office, 3 per cent. .. .. 1,297 Freight .. .. .. .. 2 Grants from Consolidated Fund— Insurance .. .. .. .. 25 Administration expenses and equipment . . 375 Rent, rates, and repairs .. .. . . 131 Towards publication book " Native Custom " 50 Salaries .. .. .. .. 38 — 425 Travelling-expenses .. .. .. 11 Grants from Maori Land Boards for specific purposes 288 (contra) .. .. .. .... 643 GrantsRent from cottages and workshop, Rotorua .. .. 37 Education scholarships and assistance .. 750 Employment-promotion subsidy on repair wages . . 17 Interest on unpaid school grants .. .. 322 Sales of — Publishing: Polynesian Society, Inc. .. 300 Board's publications .. .. .. 59 Medical and dental . . .. ~ 90 Pingao stocks .. .. .. .. 9 Meeting-houses and marae .. .. 407 Assets not required .. .. 27 Miscellaneous .. .. .. .. 261 — 95 2,130 Balance, 31st March, 1942 : Native Trust Office 44,388 Plus Imprest Account with VVaiariki Board.. 4 44,392 £46,810 £46,810 Income and Expenditure Account for the Year ended 31st March, 1942 Expenditure £ £ Income £ £ Administration expenses— Interest, 3 per cent. Native Trust Office .. .. 1,297 Audit fee .. .. .. . . 21 GrantsCommission .. .. .. . . 60 Consolidated Fund .. .. .. 375 Depreciation .. .. .. .. 43 Maori Land Boards for specific purposes (contra) 643 Insurance .. .. .. .. 12 X oiB Rent, rates, and repairs . . .. .. 94 Sale of publications (net) .. .. .. * 4 Salary .. .. .. .. 35 Profit on sale assets .. .. .. .. 11 Travelling-expenses .. .. .. 11 — 276 Grants— Educational— Government Free Place Scholarships .. 500 Special educational assistance .. .. 250 Publishing : Polynesian Socioty, Inc. .. 300 Health camp and dental clinic .. .. 90 Meeting-houses and marae.. .. .. 407 Miscellaneous .. .. .. .. 261 1,808 Balance : Excess of income over expenditure, transferred to Accumulated Fund .. .. .. .. 246 £2,330 £2,330 Balance-sheet as at 31st March, 1942 Liabilities £ £ Assets £ £ Special funds— Cash with Native Trust Office .. .. 44,388 Carnegie Corporation grant for Maori arts and Add Imprest Account, Waiariki Board .. 4 crafts .. .. .. .. 342 44,392 Katikati Carved Meeting-house .. . . 38 Debtors, including payments in advance .. .. 41 Ngati-Kahungunu Trust .. .. .. 10 Publications for sale .. .. .. .. 2 310 Publication " Native Custom" .. .. 50 Pingao for sale .. .. .. .. 23 Ruatoki Carved Meeting-house .. . . 41 Library .. .. .. .. .. 287 " Western Samoa" translation grant . . 165 Furniture, fittings, &c. .. .. ~ 95 646 405 Accumulated Fund as at Ist April, 1941 . . 46,992 Maori Arts and Crafts School, Rotorua— Plus— Cottages and workshop .. .. ~ 620 Excess income ovor expenditure .. 246 Fittings, &c. .. .. .. .. 118 Books and records donated .. .. 2 733 47,240 £47,886 £47,886 0. N. Campbell, Deputy Chairman (Native Trustee). Colin W. Morrison, Secretary to Board. I hereby certify that the Receipts and Payments Account, Income and Expenditure Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—Cyril G. Collins, Controller and Auditor-General.

11