1898

THE NEW ZEALAND GAZETTE.

[No. 52

HOKITIKA SAVINGS-BANK.

STATEMENT of Receipts and Payments for the year ended 31st March, 1941.

RECEIPTS.

Cash in banks on 1st April, 1940—
On fixed deposit .. .. .. £ 42,840 0 0
Current account .. .. .. 1,810 9 10
In Post Office Savings-bank .. 2,022 3 1
Amount lodged by depositors .. .. 43,874 5 2
Interest credited during period .. 53 0 3
Interest for year ended 31st March, 1941 .. 4,278 8 11
Interest on fixed deposits for year ending 31st March, 1941 .. .. .. 1,082 5 0
Interest on mortgages for year ending 31st March, 1941 .. .. .. 3,777 16 2
Interest on New Zealand Government Inscribed Stock for year ending 31st March, 1941 .. .. .. 1,334 12 0
Interest on Post Office Savings-bank Account for year ending 31st March, 1941 .. 52 10 0
Interest on local body debentures .. 604 12 8
Interest on Hospital Board debentures .. 100 7 0
Rent of part of buildings .. .. 52 0 0
Mortgages repaid .. .. .. 12,728 2 7
Local body loans repaid .. .. 278 13 4
Hospital Board loan repaid .. .. 109 9 8

£114,998 15 8

PAYMENTS.

Repaid to depositors .. .. .. £ 46,270 4 9
Interest credited depositors .. 4,331 9 2
Invested on first mortgage freehold property .. 10,081 16 4
Invested in New Zealand Government War Loan .. .. .. 500 0 0
Invested in National Savings Account .. 1,000 0 0
Donations .. .. .. .. 310 0 0
Cash in banks—Fixed deposits .. 44,840 0 0
Cash in banks—Current account .. 4,087 8 6
Post Office Savings-bank .. .. 2,074 13 1
Charges .. .. .. .. 929 7 1
Social Security and National Security Tax .. 188 18 6
Income-tax .. .. .. .. 414 18 3

£114,998 15 8

REVENUE ACCOUNT FOR YEAR ENDED 31ST MARCH, 1941.

Dr.

Interest paid depositors during the year .. .. £ 53 0 3
Interest credited depositors to 31st March, 1941 .. .. 4,278 8 11
Balance—Gross profit .. .. .. 2,686 3 7

£7,017 12 9

Cr.

Interest received and accrued .. .. £ 6,965 12 9
Rent Account .. .. .. 52 0 0

£7,017 12 9

PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31ST MARCH, 1941.

Dr.

Charges and administration expenses .. £ 929 7 1
Social Security and National Security Tax .. 158 18 6
Income-tax .. .. .. .. 414 18 3
Written off against loss .. .. 429 5 3
Balance—Net profit .. .. 753 14 6

£2,686 3 7

Cr.

Revenue Account—Gross profit .. .. £2,686 3 7

£2,686 3 7

APPROPRIATION ACCOUNT FOR YEAR ENDED 31ST MARCH, 1941.

Dr.

Donations .. .. .. £ 310 0 0
Balance carried forward .. .. 30,319 19 1

£30,629 19 1

Cr.

Balance 1st April, 1940 .. .. £29,876 4 7
Profit and Loss Account—Net profit .. 753 14 6

£30,629 19 1

BALANCE-SHEET AS AT 31ST MARCH, 1941.

Liabilities.

Amount due depositors .. .. £157,594 19 5
Profit and Loss Appropriation Account .. 30,319 19 1

£187,914 18 6

Assets.

First mortgage on freehold property .. £ 78,857 18 8
New Zealand Government Inscribed Stock at cost .. .. .. 34,308 10 0
Fixed deposits—
Bank of New South Wales .. 15,200 0 0
Bank of New South Wales current account .. 4,007 7 11
Bank of New Zealand .. 15,200 0 0
Bank of New Zealand current account .. 41 19 1
National Bank of New Zealand .. 14,440 0 0
National Bank of New Zealand current account .. 38 1 6

48,927 8 6
Post-office Savings-bank .. .. 2,074 13 1
Bank premises and furniture .. .. 1,950 0 0
Interest accrued .. .. .. 946 2 1
Loans to local bodies .. .. 19,850 6 2
National Savings Investment Account .. 1,000 0 0

£187,914 18 6

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-banks 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-banks 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-banks Act, 1908, and amendments have been complied with.

J. H. WILSON, A.P.A. (N.Z.), Auditor.
Hokitika, 29th April, 1941.

Approved—

W. NASH,
3rd June, 1941.

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