Nelson Provincial Gazette – 1855 – No. 18

Page 126

✨ Financial Accounts of Nelson Trust Funds

126

ABSTRACT of the Accounts of the Nelson Trust Funds, for the Year ended 31st December, 1855.

Dr. Cr.

	£	s.	d.		£	s.	d.
To Amount of Trust Funds brought on from 31st December, 1854, as shown in Accounts to that date, viz.:—				By Reserved Religious Fund—
Reserved Religious Fund	1,050	0	0	Loan	1,000	0	0
College and Educational Fund	8,832	0	0	Balance	134	0	0
Steam Navigation Fund	6,000	0	0
Reserve Fund	17	11	2	By College and Educational Fund—
	15,899	11	2	Loans	12,270	0	0
To Amount received from H.M. Lords of the Treasury, being the Balance of £20,000, partly invested in Exchequer Bills, with interest thereon, as advised by Mr. Tytler's letter of 4th April, 1855	2,365	2	5	Disbursements	200	13	0
				Balance	213	17	0
To Interest Account, for Interest on Loans received during 1855	876	10	0	By Steam Navigation Fund—
				Loan	2,000	0	0
To Repayment of an Incidental Expense, over-paid last year	1	0	6	Balance	2,000	0	0
				By Reserve Fund—
				Balance	510	12	9
					16	1	4
	£ 18,345	4	1			£ 18,345	4

	£	s.	d.		£
To Amount of Fund, from 31st December, 1854	1,050	0	0	By Loans on Mortgage	1,000
To Interest Account, for Interest on Loans received during the year 1855	100	0	0	By Reserve Fund transferred thereto, being the proportion appropriated to that Account by the Trustees	16
				By Balance in hands of Trustees	134
	£ 1,150	0	0		£ 1,150

	£	s.	d.		£	s.
To Amount of Fund, from 31st December, 1854	8,832	0	0	By Loans on Mortgage	12,270	0
To General Account, for a further appropriation of a portion of the Amount received from H.M. Lords of the Treasury	1,200	0	0	By Cultivation of College Land	127	10
To Interest Account, for Interest on Loans received during year 1855	770	10	0	By Premiums for Designs for a College	70	0
To Steam Navigation Fund, for Amount transferred therefrom, being a portion of the loan of £4,000 to the "Nelson Steam Navigation Company," as shown in the accounts of last year, repaid by them and temporarily appropriated by the Board of Trustees to this account	2,000	0	0	By Attendance of Architect of 1st Design at Board Meeting	3	3
				By Reserve Fund transferred thereto, being the proportion appropriated to that Account	124	0
				By Balance in hands of Trustees	213	17
	£ 12,802	10	0		£ 12,802	10

Note.—A sum of £250, standing amongst the Loans for the year 1854, was repaid to this Fund during 1855.

	£	s.	d.		£
To Amount of Fund, from 31st December, 1854	6,000	0	0	By Loan to Immigration Commissioners, as per Accounts of 1854	2,000
Mem.—The Sum of £4,000, appearing in last year's accounts as a Loan to the Nelson Steam Navigation Company, was repaid to this Fund during this year.				By College and Educational Fund, for Amount transferred thereto, as shown above	2,000
				By Balance in hands of Trustees	2,000
	£ 6,000	0	0		£ 6,000

RESERVE

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