Registrar-Generals-Department-Annual-report-1955-1956 — Page 38

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TABLE XV

COMPANIES LIQUIDATION ACCOUNT

Statement of Receipts and Payments from 1st April, 1955 to 31st March, 1956

RECEIPTS

PAYMENTS

To Balance as at 1st April, 1955:

Cash at Bank..

$168,212.04

in hand.

19

4.78 $168,216.82

D

77

Undistributed assets of Companies in voluntary

liquidation

Unclaimed dividends or return of capital of Com-

panies in voluntary liquidation...................

Realizations of Assets of Companies in compulsory

liquidation

Proceeds of fixed deposits

9,290.61

17

By Liquidation and sundry expenses for Companies in

voluntary liquidation

Dividends or returns of capital to Creditors and

Shareholders of Companies in voluntary liquidation

,, Liquidation and sundry expenses for Companies in

compulsory liquidation.....

Purchase of £15,000 3% War Loan 1955/59

$ 1,330.30

188,447.01

194,473.76

F

Official Receiver's Fees and commission

11,119.79 228,552,54 9,628.44

Transfer to revenue;

13,970.22

Accrued interest.

450,000.00

Unclaimed monies..

$97,601.60 32,034.50

129,636.10

27

Interest or dividends on investments and bank

account and deposits

41,254.00

15

Balance as at 31st March, 1956:

Cash at Bank..

$308,487,65

in hand

2.78 308,490.43

>

$877,205.41

$877,205.41

COMPANIES LIQUIDATION ACCOUNT

Statement of Assets and Liabilities as at 31st March, 1956

LIABILITIES

ASSETS

$ 97,438,77

Advances.

Investments:

311.85

341,377.87 $ 438,816,64

1,175,609.77

Fixed Deposits £20,000 3% Saving Bonds 1955/65 £55,000 3% War Loan 1955/59

Balance at Bank

$120,000.00 321,324.93

in hand

864,299.20 1,305,624.13

308,487.65

2.78

57

Undistributed Assets of Companies in:

Voluntary liquidation

Compulsory liquidation

L

Unclaimed dividends or returns of capital of Companies

in voluntary and compulsory liquidation

$1,614,426.41

N.B. Investments at market value :

£20,000 3% Savings Bond 1955/65@84+=$270,400,00 £55,000 3% War Loan 1955/59 @

=

827,200.00

308,490.43

$1,614,426.41

(Sd.) W. ANEURIN JONES,

Registrar General, (Official Receiver),

13.8.56.

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, 28th August, 1956.

(Sd.) F. E. L. CARTER, Director of Audil.