New Zealand Gazette – 1925 – No. 53

Page 2154

✨ Savings-Bank Financial Reports



2154

THE NEW ZEALAND GAZETTE

[No. 53]

Payments.

£ s. d.
Repaid depositors ... 35,220
Interest credited depositors ... 3,911
Invested on mortgage for year ... 11,234
Charges ... 605
Cash in Bank of New South Wales—On open account ... 1,747
On fixed deposit ... 9,100
Cash in Bank of New Zealand—On open account ... 358
On fixed deposit ... 8,800
Cash in National Bank of N.Z. (Limited)—On open account ... 293
On fixed deposit ... 8,300
War Loan debentures ... 1,000
Donation to Westland Hospital ... 500
£81,071 8 6

Balance-Sheet as at 31st March, 1925.

Assets.
£ s. d.
First mortgage on freehold land ... 57,975
Inscribed stock and debentures at cost ... 20,000
Westland County debentures at cost ... 4,577
Fixed deposit, Bank of New South Wales ... 9,100
Fixed deposit, Bank of New Zealand ... 8,800
Fixed deposit, National Bank of New Zealand ... 8,300
Cash on current account, Bank of New South Wales ... 1,747
Cash on current account, Bank of New Zealand ... 358
Cash on current account, National Bank of New Zealand ... 293
Bank premises and office furniture ... 401
Interest accrued ... 1,203
£112,756 17 4
Liabilities.
£ s. d.
Amount due depositors (1,437 in number) ... 94,146
Balance ... 18,610
£112,756 17 4

Profit and Loss Account for the Year Ended 31st March, 1925.

Dr.
£ s. d.
To Amount written off mortgages against loss or probable loss ... 400
Charges ... 605
Donation to Westland Hospital ... 500
Balance ... 18,610
£20,116 1 1
Cr.
£ s. d.
Amount at credit of Profit and Loss Account, 1st April, 1924 ... 18,264
Interest account ... 1,851
£20,116 1 1

Balance forward ... £18,610 15 8

WM. WILSON, Manager.

We hereby certify that to the best of our knowledge and belief the above balance-sheet is correct.

H. L. MICHEL, President.
J. D. LYNCH,
W. E. WILLIAMS,
GEORGE PERRY,
C. EVANS,
D. J. EVANS,
E. TEICHELMANN,
Trustees.

I, John Hamilton Wilson, being the auditor of the Hokitika Savings-bank, appointed in terms of section 4 of the Savings-bank Amendment Act, 1923, hereby certify—(1.) That I am satisfied that the foregoing balance-sheet has been properly drawn up from the books, accounts, and vouchers of the Savings-bank so as to exhibit a true and correct view of the state of the Savings-bank's affairs as at the date hereof, in accordance with the requirements of the Savings-banks Amendment Act, 1923. (2.) That I have verified the cash, investments, securities, and assets of the Savings-bank, as at the date of the balance-sheet. (3.) That I have obtained all the information and explanations I have required. (4.) That

the manager has certified that all the requirements of the Savings-bank Act, 1908, and amendments have been complied with.

J. H. WILSON, A.P.A. (N.Z.), Auditor.
Hokitika, 29th April, 1925.

Dunedin Savings-bank.

Receipts and Payments of the Dunedin Savings-bank for the year ended 31st March, 1925:

Receipts.
£ s. d.
Balance from last year ... 8,301
Lodged by depositors—Head Office ... 400,740
South Dunedin Branch ... 109,057
North Dunedin Branch ... 10,274
520,072 13 4
Interest on loans ... 38,645
Insurance premiums ... 350
Loans repaid ... 60,501
Bank interest ... 1,490
Rents ... 155
Debenture interest ... 13,791
Fines ... 1
Valuation fees ... 11
Suspense Account ... 85
Debentures ... 10,000
£653,406 11 7
Payments.
£ s. d.
Withdrawn by depositors—Head Office ... 376,930
South Dunedin Branch ... 56,670
North Dunedin Branch ... 104
433,705 19 4
Charges—Head Office ... 2,990
South Dunedin Branch ... 189
North Dunedin Branch ... 69
3,250 7 3
Insurance premiums ... 340
Loans granted ... 112,739
Debentures ... 56,277
Valuation fees ... 11
Trustees' fees ... 110
Debenture interest ... 14
Office furniture ... 153
Bank interest ... 8
Suspect Account ... 6
Balance ... 46,787
£653,406 11 7

Profit and Loss Account for Year Ended 31st March, 1925.

Dr.
£ s. d.
To Interest credited to depositors—Head Office ... 35,187
South Dunedin Branch ... 6,245
North Dunedin Branch ... 28
41,460 19 0
Charges, including rent of office, salaries, trustees’ fees, and branch charges ... 3,510
Transfer to Property Suspense Account ... 3,000
Transfer to Promised Benefactions Account ... 1,500
Balance ... 54,210
£103,681 16 8
Cr.
£ s. d. £ s. d.
By Balance ... 48,422 15 3
Interest on loans ... 39,022 0 8
Interest on debentures ... 14,449 10 9
Interest on deposits ... 1,481 5 0
54,952 16 5
Rents ... 305 0 0
Fines ... 1 5 0
£103,681 16 8
By Balance ... 54,210 10 5


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 1925, No 53


NZLII — PDF NZ Gazette 1925, No 53




✨ LLM interpretation of page content

💰 Balance-Sheets of Savings-Banks at 31st March, 1925 (continued from previous page)

💰 Finance & Revenue
29 April 1925
Balance-Sheets, Savings-Banks, Hokitika Savings-bank, Financial Reports
9 names identified
  • William Wilson, Manager of Hokitika Savings-bank
  • H. L. Michel, President of Hokitika Savings-bank
  • J. D. Lynch, Trustee of Hokitika Savings-bank
  • W. E. Williams, Trustee of Hokitika Savings-bank
  • George Perry, Trustee of Hokitika Savings-bank
  • C. Evans, Trustee of Hokitika Savings-bank
  • D. J. Evans, Trustee of Hokitika Savings-bank
  • E. Teichelmann, Trustee of Hokitika Savings-bank
  • John Hamilton Wilson, Auditor of Hokitika Savings-bank

  • WM. WILSON, Manager
  • H. L. MICHEL, President
  • J. D. LYNCH, Trustee
  • W. E. WILLIAMS, Trustee
  • GEORGE PERRY, Trustee
  • C. EVANS, Trustee
  • D. J. EVANS, Trustee
  • E. TEICHELMANN, Trustee
  • J. H. WILSON, A.P.A. (N.Z.), Auditor

💰 Dunedin Savings-bank Financial Report for the Year Ended 31st March, 1925

💰 Finance & Revenue
Financial Report, Savings-Bank, Dunedin, Receipts, Payments