30
TABLE XVI
OFFICIAL RECEIVER (IN BANKRUPTCY) ACCOUNT
STATEMENT OF Receipts anD PAYMENTS FOR THE YEAR ENDED 31st March, 1958
RECEIPTS
PAYMENTS
To Balance as at 1st April, 1957:
By Dividends to Creditors
Cash at Bank
Cash in Hand
$556,580.41
nil.
$556,580.41
Expenses of administration of bankrupt estates Maintenance allowance to Debtors
$518,618.28 13,631.33
500.00
+
**
Creditors' Deposits for preliminary expenses Realizations of assets of bankrupt estates Payment on account of Composition in Bankruptcy
8 of 1957...
Unclaimed dividends transferred to Bankruptcy
400.00
Estates Account
---
15,076.51
364,586.60
77
Unclaimed moneys transferred to Deposit Account
1,594.45
Official Receiver's Fees
**
Refund from Bankruptcy Estates Account
Other receipts...
...
Bank Interest
17
45,000.00 782.00 93.00 7,002.00
17
-
16,975.17
Refund of overcollection
100.00
Refunds of Deposits
400.00
Balance as at 31st March, 1958 :
Cash at Bank Cash in Hand
$406,836.35 711.92
407,548.27
$974,444.01
$974,444.01
OFFICIAL RECEIVER (IN BANKRUPTCY) ACCOUNT
STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH, 1958
LIABILITIES
Creditors' deposits for preliminary expenses. Less expenses paid therefrom
Unclaimed dividends
Undistributed assets of bankrupt estates
ASSETS
$2,300.00 8.40
Fixed deposits
$2,291.60 17,449.37 477,807,30
Balance as at 31st March. 1958:
Cash at Bank Cash in Hand
$497,548.27
$ 90,000.00
$406,836.35
711.92 407,548,27
$497,548.27
Note: The above Statement includes only such assets of Bankruptcy Estates as have been realized.
W. K. THOMSON, Acting Registrar General, (Official Receiver) 5th September, 1958.
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, 17th September, 1958.
W. H. WILLIAMS, Acting Director of Audit.