Nelson Provincial Gazette – 1857 – No. 4

Page 17

✨ Financial statements and reports



17

physicians, and surgeons must be replaced from time to time by fresh importations from the mother country; but it would be disgraceful to her character, and prejudicial to her interests and reputation, if she were to allow of any permanent inferiority in her intellectual requirements, or sit contented under any marked deficiency in the all-important requisites of a liberal education for the rising generation.

It is only within the last few weeks that the trustees have acquired the certainty that they would possess the means of giving effect to their own conviction, and they take this, the first opportunity which presents itself, of making them public, in the hope that their endeavours to give effect to them will meet with the approval and concurrence of their constituents.

Subjoined is the Financial Statement for the year ended 1st December, 1856.

By order of the Board of Trustees,

A. G. JENKINS,
Secretary.

Trust Fund Office,
Nelson, 21st December, 1856.

ABSTRACT of the ACCOUNTS of the NELSON TRUST FUNDS, for the Year ended the 1st December, 1856.

Dr. Cr.

GENERAL ACCOUNT.

£ s. d. £ s. d.
To Amount of Trust Funds brought on from 31st December, 1855, as shown in Accounts to that date, viz.:— By Reserved Religious Fund—
£ s. d. Loans 1,150 0 0
Reserved Religious Fund 1,134 0 0 Balance 19 0 0
College and Educational Fund 12,483 17 0 By College and Educational Fund—
Steam Navigation Fund 4,000 0 0 Loans 12,170 0 0
Reserve Fund 16 1 4 Disbursements 2,859 17 10
17,633 18 4 Balance 995 18
To Interest Account, for Interest on Loans received during 1856 1,031 19 4 By Steam Navigation Fund—
Loan 2,000 0
To Amount received for Land leased at Massacre Bay 15 0 0 By Reserve Fund—
Disbursements 239 5 10
Balance 16 15 6
£ 18,680 17 8 £ 18,680

COLLEGE AND EDUCATIONAL FUND.

£ s. d. £ s. d. £ s. d.
To Amount of Fund, from 31st December, 1855 By Loans on Mortgage, January 1, 1856 12,270 0 0
To Interest Account, for Interest received, on Loans during the year 1856 986 19 4 Deduct Loans repaid during 1856 1,200 0 0
To Rent of Land at Massacre Bay 15 0 0 11,070 0 0
To Steam Navigation Fund, for Amount transferred therefrom and temporarily appropriated to this Account 2,000 0 0 By Loans on Mortgage, in 1856 1,100 0 0 12,170
By Payments towards purchase of Town Acre No. 503 and House 1,025 0 0
By Amount paid for Iron Spouting around the Roof of Head Master's House 17 7 6
By Insurance against Fire 26 15 0
By cost of Building School Room, per original contract 362 18 0
By Desks, Stools, Tables, Chairs, Window Blinds, &c., Dial and Class Books 105 15 9
By cost of additional Room 53 16 0
By Extras 478 4 0
By Architect's Charges 30 10 0
By Three Quarters' Salary to Head Master, to 31st December 262 10 0
Less for occupation of House to the 31st of December 56 5 0
By One Quarter's payment of Bonus towards Second Master's Salary 25 0 0
By Expenses of Temporary School-room 21 8 0
By Advertising 38 7 7
By Cultivation of Land 127 12 6
By Reserve Fund transferred thereto, being the proportion appropriated to that Account towards the General Expenses 239 0 0
By Balance in hands of Trustees 995 18 6
£ 15,485 16 4 15,485 16

RESERVED



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✨ LLM interpretation of page content

🎓 Report on College and Educational Fund and School Establishment (continued from previous page)

🎓 Education, Culture & Science
21 December 1856
Education, College, School, Educational Fund, Trustees, Nelson
  • A. G. Jenkins, Secretary

💰 Abstract of the Accounts of the Nelson Trust Funds

💰 Finance & Revenue
Accounts, Trust Funds, Nelson, Financial Statement

💰 College and Educational Fund Financial Statement

💰 Finance & Revenue
College, Educational Fund, Financial Statement, Nelson, Accounts