28
To Balance as at 1st April, 1956:
Cash at Bank
$308,487.65
TABLE XV
COMPANIES LIQUIDATION ACCOUNT
Statement of Receipts and Payments from 1st April, 1956 to 31st March, 1957
RECEIPTS
PAYMENTS
By Liquidation sundry expenses for Companies in
Voluntary Liquidation...
20,603.30
in Hand
57
2.78 $ 308,490.43
34
TT
Undistributed assets of Companies in Voluntary
Liquidation....
14,945.12
22
""
?
Realizations of Assets of Companies in Compulsory
Liquidation.
Unclaimed dividends or returns of capital of Com-
panies in Voluntary Liquidation
Dividends or returus of capital to Creditors and
Shareholders of Companies in Voluntary Liquidation Liquidation and sundry expenses for Companies in
Compulsory Liquidation
78,913.59
968,597.81
112,148.84
Dividend returns to creditors in Compulsory
Liquidation....
6,613.25
21
Proceeds of fixed deposita
Interest or dividends on investments and bank
account and deposits
1,224,795.52 100,000.00
15
44,493.00
Official Receiver's Fees and Commission..
Transfer to Revenue!
Accrued interest
Unclaimed monies
37,480.95
$44,493.00
12,332.95
56,825.95
Balance as at 31st March, 1957:
Cash at Bank
in Hand
$635,808.06 nil
51
635,808.06
$1,804,872.91
$1,804,872.91
COMPANIES LIQUIDATION ACCOUNT
Statement of Assets and Liabilities as at 31st March, 1957
LIABILITIES
ASSETS
Voluntary Liquidation:
Undistributed assets....
Unclaimed returns
$1,219,589,02
65,690.33 $1,285,279.35
Fixed Deposits Investment Account. Advance Account
20,000.00 1,185,624.13
!
308.72 $1,205,932.85
Compulsory Liquidation :
Unclaimed returns/dividends
Undistributed assets.......................................
$ 5,689.06 550,772.50
Balance at Bank in Hand
$635,800.06 nil
635,808.06
556,461.56
$1,841,740.91
!
$1,841,740,91
N.B.
Investments at market value:—
£20,000 at 3% Savings Bonds 1955/65 £55,000 at 3% War Loan 1955/59.
@97
=
@871-$280,000.00 853,600.00
(Sd.) W. ANEURIN JONES,
Registrar General, (Official Receiver). 26th August, 1957.
The above Statement of account has been examined in accordance with Colonial Regulation No. 257. I have obtained all the information and explanations that I have required, and I certify, as a result of this audit, that in my opinion the Statement is correct.
AUDIT DEPARTMENT,
Hong Kong, 7th September, 1957,
(Sd,)
F. E. L. CARTER, Director of Audit.