22 SEPT. THE NEW ZEALAND GAZETTE 1551

PAYMENTS

Withdrawals £ s. d.
Transfers to Treasury re National Savings 1,699,437 5 7
Advances made 60,000 0 0
New Zealand Government inscribed stock and 369,656 11 4
local body debentures purchased
Management, administration charges including 89,722 10 4
salaries, audit fee, and trustees fees..
Bank rates and insurance premiums 17,113 0 0
Advertising, printing, and stationery 482 10 9
Income taxation and social security charge 1,537 1 3
Donations 12,746 11 10
Insurance premiums and rates advanced to 560 0 0
borrowers
Expenses inspecting and maintaining securities 45 18 11
Share earthquake insurance premiums paid to 190 7 9
mortgagors
Withdrawals and transfers of National Savings 31 2 11
deposits and interest paid to depositors 226,724 19 11
Furniture and office plant purchased 4,098 13 9
Bank property purchased 5,040 8 4
Trustee Savings Bank transfers 22,827 5 10
Home safes purchased 426 17 9
National Savings investments 40,000 0 0
Branch establishment charges 1,904 15 5
Bank legal fees 4 4 6
Cash and bank balances 31 March 1955 227,382 3 0
£2,779,872 9 2

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 1955

Dr.
Interest credited to depositors' accounts £ s. d.
78,945 16 10
Interest credited to staff provident fund 509 11 10
Charges and administration expenses, including
expenses inspecting securities, less valuation fees
received 18,929 14 8
Depreciation 962 19 1
Provision for taxation 12,600 0 0
Net profit transferred to Profit and Loss Appropriation Account
12,811 3 0
£124,659 5 5

Cr.
Interest accrued and received from investments £ s. d.
122,377 4 11
Commission, rents, sundry receipts, and refunds 2,182 0 6
£124,659 5 5

APPROPRIATION ACCOUNT FOR YEAR ENDED 31 MARCH 1955

Dr.
Donations £ s. d.
560 0 0
Balance transferred to Reserve Fund 15,465 4 8
£16,025 4 8

Cr.
Government stock discount £ s. d.
3,214 1 8
Net profit 12,811 3 0
£16,025 4 8

BALANCE SHEET AS AT 31 MARCH 1955

Depositors' balances: £ s. d. £ s. d.
Savings Bank department 3,494,296 1 1 3,494,296 1 1
Ordinary depositors' total
National Savings depositors' total 1,289,783 15 1
Add National Savings
Interest Suspense Account 25,299 8 6 1,315,085 3 7
Other Liabilities:
Staff Provident Fund 11,324 8 0
Provision for taxation 13,198 3 3 24,522 11 3
Total of liabilities and provisions 4,833,873 15 11
Reserve Fund:
Balance 1 April 1954 163,755 18 9
Add balance, Appropriation Account 15,465 4 8 179,221 3 5
£5,013,094 19 4

Current assets: £ s. d. £ s. d.
Cash in hand and at bankers
on Current Account 222,246 19 5
Fixed deposit accounts at bankers 150,000 0 0
Amounts owing by other
Trustee Savings Banks.. 312 19 5
Interest due and accrued on investments 20,997 18 10
Total current assets 393,557 17 8

Investments:
N.Z. Government inscribed stock and war loans at par value
1,565,485 0 0
National Savings accounts 40,000 0 0
Local-body debentures 152,251 10 10
First mortgage on freehold property 1,520,415 7 8
Total investments 3,278,151 18 6

Total current assets and investments 3,671,709 16 2

National Savings securities:
N.Z. Government inscribed stock 1,309,950 0 0
Cash in hand and at bank 5,135 3 7
Total securing National Savings depositors 1,315,085 3 7

Total current assets, investments, and securities 4,986,794 19 9
Fixed assets at cost, less depreciation:
Premises and property 16,313 3 7
Office plant, fittings, furniture, and home safes
9,986 16 0
Total fixed assets 26,299 19 7
£5,013,094 19 4

W. C. WESTON, President.
E. A. EVANS, General Manager.

We, the undersigned, being the auditors of the New Plymouth Savings Bank, appointed in terms of section 29 (3) of the Trustee Savings Banks Act 1948, report: (1) We have examined the books accounts, and vouchers of the Bank, and have received all the information and explanations we have required; (2) We have verified the cash, investments, securities, and assets of the Bank as at 31 March 1955; (3) The Manager has certified that to the best of his knowledge and belief all requirements of the Trustee Savings Banks Act 1948 and regulations thereunder have been complied with.

In our opinion the above balance sheet is drawn up so as to exhibit a true and correct view of the state of affairs of the New Plymouth Savings Bank according to the best of our information and the explanations given to us and as shown by the books of the Bank.

New Plymouth, 27 April 1955.

WYNYARD AND RIDLAND,
Public Accountants and Auditors.

1038

TRUSTEE SAVINGS BANKS ACT 1948

GRANTS BY TRUSTEE SAVINGS BANKS

THE following are particulars of grants approved by the Minister of Finance in terms of the Trustee Savings Banks Act 1948:

AUCKLAND SAVINGS BANK

British Empire Cancer Campaign Society Incorporated £6,000
Auckland War Memorial 2,500
Auckland Y.M.C.A. Centennial Appeal 2,500
The Auckland Astronomical Society Incorporated 2,000
The College Library—Auckland University College 1,000
Heritage (Auckland) Incorporated 1,000
The Plunket Society 1,000
The Plunket Society, Karitane New Hospital Appeal 1,000
The Auckland Crippled Children Society 1,000
Friends of the Deaf Incorporated, Auckland 1,000
The Auckland Orphanages United Council 1,000
The Blind Institute Pearson Fund 500
Auckland Kindergarten Association 500
N.Z. Society for the Protection of Homes and Family
Incorporated 500
St. John's Ambulance Association 500
N.Z. Red Cross Society, Auckland Centre 500
Auckland Hospital Auxiliary 500
Selwyn Village Appeal (The Auckland City Mission) 500
The Henry Brett Memorial Home 500
Disabled Servicemen's Re-establishment League 500
St. Mary's Homes 500
Agricultural Section, Mount Albert Grammar School 500
"Children's" Babies' Home 300
Motherhood of Man Movement 300
The N.Z. League for the Hard of Hearing 300
The Auckland Tuberculosis Association 300
The Society for the Prevention of Cruelty to Animals 300