New Zealand Gazette – 1927 – No. 37

Page 1867

✨ Financial Accounts

MAY 31.] THE NEW ZEALAND GAZETTE 1867

for the Year ended 31st MARCH, 1927, compared with the Year ended 31st MARCH, 1926.

SHARES ACCOUNT.

	£ s. d.	EXPENDITURE.	£ s. d.	£ s. d.
1925-1926.	..	Finance Act, 1926, Section 8 (3),— Transfer to Ordinary Revenue Account of dividends received in terms of the Bank of New Zealand Act, 1920, Section 13	..	212,476 0 6
Gross.	..	Balance at end of Year,— Investment Account	..	1,683,593 15 0
	..		..	£1,896,069 15 6

ACCOUNT.

| £ s. d. | .. | Expenditure under the Land Act, 1924, Section 21,— Administration Expenses recouped to the Consolidated Fund.. | .. | 847 19 10 |
| 858 17 3 | .. | Finance Act, 1919, Section 4,— Public Revenues Act, 1926, Section 139,— Interest recouped to the Consolidated Fund | .. | 6,344 7 8 |
| 8,866 2 6 | .. | Recoupment of Management Charges of Consolidated Stock | .. | 37 6 3 |
| 37 6 8 | .. | Finance Act, 1926, Section 25,— Payment to Ordinary Revenue Account in respect of £50,400 3½ New Zealand Consolidated Stock, 1940, redeemed and cancelled during the financial year 1925-26, now deemed to be Cheviot Estate Stock .. | .. | 50,400 0 0 |
| | .. | Amortization of Debt,— Transfer to Loans Redemption Account for Redemption and Cancellation in terms of Section 24 of the Finance Act, 1921-22, of Securities as under— New Zealand Consolidated Stock, 1940 (nominal value, £42,000) | .. | |
| 35,613 9 0 | .. | Balance at end of Year,— Cash in the Public Account | .. | 12,878 7 6 |
| | .. | Investment Account | .. | 159,780 0 0 |
| 73,686 13 9 | .. | | .. | 172,658 7 6 |
| 131,220 0 0 | .. | Totals | .. | £230,288 1 3 |
| 204,906 13 9 | .. | | .. | |
| | £250,282 9 2 | | .. | |

NOTE.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25.
For the purposes of comparison a summary showing the net expenditure will be found on page 1921.

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VUW Te Waharoa — NZ Gazette 1927, No 37

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The Old Government Buildings (depicted) were completed in 1876 and initially housed the entire Wellington-based civil service as well as the entire New Zealand Cabinet. The Executive Council met there until 1948.

✨ LLM interpretation of page content

💰 Cheviot Estate Financial Statement (continued from previous page)

Domain💰 Finance & Revenue
KeywordsCheviot Estate, Financial Statement, Shares Account, Expenditure, Finance Act

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