THE CAWTHRON INSTITUTE TRUST BOARD

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED
31 DECEMBER 1956

Expenditure
£ s. d.
Annuity
108 0 0
Transfer to capital conservation account
437 5 7
Administration expenses
3,198 11 4
Research expenses
17,619 7 7
Balance carried forward
160 2 5
£21,523 6 11

Income
£ s. d.
Balance brought forward
192 15 4
Income for year—
Cawthron revenue
10,208 17 10
Marsden revenue
723 1 2
Fees, grants, etc.
9,342 14 10
Tomato sales
905 17 9
Refund
150 0 0
£21,523 6 11

BALANCE SHEET AS TO CAPITAL AS AT 31 DECEMBER 1956

Liabilities
£ s. d.
Estate and bequest accounts—
Cawthron
233,596 6 0
Marsden
37,905 13 6
Atkinson
738 10 3
Bartel
7,937 14 5
Graham
2,000 0 0
Lucas
1,000 0 0
White
1,735 12 1
Bank of New Zealand
29,839 4 3
£314,753 0 6

Assets
£ s. d.
Land and buildings
37,322 6 1
Furniture, fittings, fixtures, plant, etc.
10,387 6 4
Library, museum, pictures, and china
10,287 11 9
Sundry debtors and investments
256,755 16 4
£314,753 0 6

BALANCE SHEET AS TO INCOME AS AT 31 DECEMBER 1956

Liabilities
£ s. d.
Interest to be recovered
752 6 10
Payments received in advance
2,770 12 6
Sundry creditors
103 0 0
Sundry research accounts
5,749 6 5
Miscellaneous reserve accounts
5,030 10 5
Income and expenditure account
160 2 5
£14,565 18 7

Assets
£ s. d.
Sundry debtors
1,537 6 10
Marsden research farm
1,316 2 11
Imprests
118 9 5
Bank of New Zealand
11,593 19 5
£14,565 18 7

E. R. NEALE, Chairman.
H. R. HOLLAND, Managing Secretary.

Auditors' Certificate:
We certify that we have examined the books of account and vouchers of the Cawthron Institute Trust Board for the year ended 31 December 1956. We have also inspected the securities held in the name of the Board as at 31 December 1956. In our opinion, the above balance sheet is properly drawn up and sets out the true position of the Trust as at 31 December 1956, as shown by the books.
Nelson, 16 April 1957.
571
GRIFFIN AND HODGSON, Public Accountants, Auditors.

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