33
TABLE XVIII
Dr.
OFFICIAL TRUSTEE ACCOUNT
STATEMENT OF Receipts AND PAYMENTS FOR THE YEAR ENDED 31st March, 1959
RECEIPTS
To Bank Balance as at 1st April, 1958
Interest and dividends ou Investments and Current
and Deposit Accounts
>
Withdrawal from Savings Account .......
PAYMENTS
$20,664.00
By Payments to beneficiaries from Income Account
,, Deposits in Savings Accounts
5,378.94
19.90
97
Placed on Fixed Deposits
Official Trustee's Commission
77
Bank balance as at 31st March, 1959
17
$26,062.84
OFFICIAL TRUSTEE ACCOUNT
STATEMENT OF ASSETS AND LIABILITIES AS AT 31st Manch, 1959
LIABILITIES
Trust funds, Capital Account Trust funds, Income Account
ASSETS
Cr.
$ 1,421.74
3,799.85 16,900.00 370.62 3,570.63
$26,062.84
$140,646.85 36,930.67
Investments :
$177,577.52
£5,025 3% Savings Bonds 1955/65
(at cost)
$81,411,57
£3,500 31% War Loan 1952
ог after
(book value)
Ltd. (at cost)
325 shares China Light & Power Co.,
65 new shares China Light & Power Co.,
Ltd. (at cost)
Fixed Deposits
Savings Accounts
Bank Balance as at 31st March, 1959
50,496.24
3,877 21
325.00
17,250.00
20,646.87
$174,006.89 3,570.63
$177,577.52
Note: Market value of Investments at 31st March, 1959: £5,025 3% Savings Bonde, 1955/65
£3,500 34% War Loan, 1952 or after 390 shares China Light & Power Co., Ltd.
924 -$74,370.00
67
$37,800,00
$17.90
$ 6,981.00
W. K. THOMSON, Registrar General, (Official Trustee). 23rd July, 19.9.
No. 257. I have
The above Statement of account has been examined in accordance with Colonial Regulation 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, 30th July, 1959.
F. E. L. CARTER, Director of Audit,