1924

THE NEW ZEALAND GAZETTE.

[HOKITIKA SAVINGS-BANK.

STATEMENT of Receipts and Payments for the year ended 31st March, 1939.
RECEIPTS.
Cash in banks on 1st April, 1938--
On fixed deposit .. .. .. 65,140 0 0
On current account .. .. .. 2,461 0 2
In Post Office Savings-bank .. .. 2,043 17 10
Amount lodged by depositors .. .. 59,983 14 1
Interest credited during period .. .. 536 9 10
Interest for year ended 31st March, 1939 .. 4,204 7 1
Interest on fixed deposits for year ending 31st March, 1939 .. .. .. .. 1,570 15 0
Interest on mortgages for year ending 31st March, 1939 .. .. .. .. 3,788 8 7
Interest on Government Stock and Bonds for year ending 31st March, 1939 .. 1,129 11 0
Interest on Post Office Savings-bank Account for year ending 31st March, 1939 .. 46 8 7
Interest on local body loans for year ending 31st March, 1939 .. .. .. 623 6 5
Interest on Hospital Board loan for year ending 31st March, 1939 .. .. .. 8 15 0
Rent of part buildings .. .. .. 52 0 0
Mortgages repaid .. .. .. 13,402 13 11
Local body loans repaid .. .. .. 259 19 7
Overdraft at banks .. .. .. 14,843 0 10
£170,094 7 11

PAYMENTS.
Repaid depositors .. .. .. 79,961 5 10
Interest credited depositors .. .. 4,740 16 11
Invested on first mortgage freehold land .. 14,445 14 11
Invested in hospital board debentures .. 3,000 0 0
Grant to Plunket Society (Hokitika branch) 50 0 0
Grant to New Zealand Centennial (Westland) 100 0 0
Grant to Salvation Army (Hokitika) .. 50 0 0
Grant to Westland Hospital Children’s Ward furniture 400 0 0
Grant to Westland Hospital Board Crippled Children’s Fund 50 0 0
Grant to Free Public Library, Hokitika .. 50 0 0
Fixed deposits .. .. .. 65,440 0 0
Post Office Savings-bank .. .. 590 6 5
Charges .. .. .. 1,216 3 10
£170,094 7 11

REVENUE ACCOUNT FOR YEAR ENDED 31ST MARCH, 1939.
Dr.
Interest paid depositors during the year .. 536 9 10
Interest credited depositors to 31st March, 1939 .. .. .. 4,204 7 1
Balance—Gross profit .. .. .. 2,522 2 7
£7,262 19 6
Cr.
Interest received and accrued .. 7,210 19 6
Rent Account .. .. .. 52 0 0
£7,262 19 6

PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31ST MARCH, 1939.
Dr.
Charges and administration expenses .. 982 14 5
Income-tax .. .. .. 233 9 5
Depreciation .. .. .. 50 0 0
Balance—Net profit .. .. .. 1,255 18 9
£2,522 2 7
Cr.
Revenue Account—Gross profit .. 2,522 2 7
£2,522 2 7

[No. 49

APPROPRIATION ACCOUNT FOR YEAR ENDED 31ST MARCH, 1939.
Dr.
Donations .. .. .. .. 700 0 0
Balance carried forward .. .. .. 28,413 1 1
£29,113 1 1
Cr.
Balance 1st April, 1938 .. .. 27,857 2 4
Profit and Loss Account—Net profit .. 1,255 18 9
£29,113 1 1

BALANCE-SHEET AS AT 31ST MARCH, 1939.
Liabilities.
Amount due depositors (2,165) .. 156,842 14 6
Bank of New South Wales— £ s. d.
Overdraft .. .. 4,891 19 2
Bank of New South Wales— Unpresented cheque .. 204 10 0
Bank of New Zealand—Over-draft .. .. 5,069 2 4
National Bank of New Zealand—Overdraft .. 4,677 9 4
Profit and Loss Account .. .. 14,843 0 10
28,413 1 1
£200,098 16 5

Assets.
First mortgage on freehold land .. 81,437 6 9
Inscribed stock at cost .. .. 29,008 10 0
Fixed deposits—
Bank of New South Wales 22,000 0 0
Bank of New Zealand .. 22,150 0 0
National Bank of New Zealand 21,290 0 0
Post-office Savings-bank .. .. 590 6 5
Bank premises and furniture .. 2,000 0 0
Interest accrued .. .. 1,009 5 10
Loans to local bodies .. .. 20,613 7 5
£200,098 16 5

A. WILSON, Manager.

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

GEORGE PERRY, President.
D. J. EVANS
T. W. DUFF
R. WILD
A. H. LAWN
M. H. HOUSTON
S. J. PRESTON
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 saving-bank’s affairs as at the date thereof in accordance with the requirements of the Savings-bank Amendment Act, 1923. (2) That I have verified the cash, securities, investments, and assets of the savings-bank as at the date of the balance-sheet. (3) That I have obtained all the information and explanations that 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, 27th April, 1939.

Approved—

GALWAY, Governor-General.

14th June, 1939.