646
THE NEW ZEALAND GAZETTE
No. 27

THE CAWTHRON INSTITUTE TRUST BOARD
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED
31 DECEMBER 1962

Income
£ s. d.
Cawthron revenue .. .. .. 13,753 7 10
Marsden revenue .. .. .. 2,461 2 6
Fees, grants, and donations .. .. .. 12,935 10 0
Other income .. .. .. 1,314 16 2
30,464 16 6
Add balance from last year .. .. .. 2,307 7 0
32,772 3 6

Expenditure
£ s. d.
Administration expenses .. 3,001 5 2
Research expenses .. 24,403 16 11
Provision for publication of
history .. .. 200 0 0
Total expenditure for year .. .. .. 27,605 2 1
£5,167 1 5

BALANCE SHEET AS TO CAPITAL AS AT 31 DECEMBER 1962
Liabilities
£ s. d. £ s. d.
Estate and bequest accounts—
Cawthron .. .. 263,773 2 10
Marsden .. .. 50,893 8 4
Atkinson .. .. 958 10 3
Bartel .. .. 7,937 14 5
Graham.. .. .. 2,000 0 0
Lucas .. .. 1,000 0 0
White .. .. 1,735 12 1
328,298 7 11
Observatory Park, capital reserve .. .. 75 0 0
Bank of New Zealand .. .. 5,478 12 9
£333,852 0 8

Assets
The above liabilities as to capital are invested in the following assets
£ s. d. £ s. d.
Land and buildings .. 22,200 8 5
Furniture, fittings, equipment
and motor vehicles .. 4,998 10 7
Library, museum, pictures,
and china .. 9,150 9 1
Investments and debtors .. 297,502 12 7
£333,852 0 8

BALANCE SHEET AS TO INCOME AS AT 31 DECEMBER 1962
Liabilities
£ s. d. £ s. d.
Sundry creditors .. .. 654 6 7
Payments received in advance 3,282 7 6
Interest to be recovered .. 739 2 9
Sundry research account .. 12,469 17 4
Miscellaneous reserves and pro-
visions .. .. 9,621 10 10
Accumulated Research Income
Account .. .. 5,167 1 5
£31,934 6 5

Assets
The above liabilities are represented by the following assets:
£ s. d. £ s. d.
Investments and sundry
debtors .. .. 29,478 13 10
Imprests .. .. 15 0 0
Sinking fund .. .. 2,440 12 7
£31,934 6 5

T. F. A. ARCHER, 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
ending 31 December 1962. We have also inspected the securities
held in the name of the Board as at 31 December 1962. In our
opinion, the above balance sheets are properly drawn up so as
to set out the true position of the Trust as at 31 December 1962
and as shown by the books.

GRIFFIN, HODGSON, WEST AND CO.,
Public Accountants.

Nelson, 22 February 1963. 762

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