EXPENSES LISTED

Bay of Plenty Beacon, Volume 2, Issue 193, 31 July 1940, Page 5

EXPENSES LISTED

ASSOCIATION'S INCOME 0 ————— HERD IMPROVEMENT WORK The following income and Expenditure Account and Balance Sheet, both as at May 31st, 1940, detail costs and assets for the year's operations of the Bay of Plenty* and Eas,t Coast Herd Improvement Association: — Expenditure Testing Expenses: Wages £3121) !«°s 2d; Car Allowances £809 4s sd; Exchange and Testers' Expenses £(56 ;"-s Id; Acid £192 10s sd; Glassware £72 lis' 2d; Freight, Wharfage and Bureaux £44 4s Gil; Repairs and Maintenance Plant 7s 3d; Cartages £10 8s 9(1: Accident Insurance £78 17s 9d; Rubberware £11 12s) 9d; Tattoo and Tail Tags £8 17s Id; Calf Marking and Registration Charges £3 18s 3d;, Branding, etc 8s 10s. Total £4731 1 17s sd. Secretarial and Committee Expenses: Directors* and Travelling Expenses £161 17s 7d; Calculating Expenses £1505 6s; Audit Fees £9 9s;? Hall Hire £1 8s 6d; Printing, Advert tising and Stationery £189 9si 7d; . Petty Cash £75 10s 4d. Total' £1943 Is Bank interest Charges and Cheque Books £15 12s; Depreciation £250 17s; Excess Income to Accumulated Surplus £82 10s 9d. Total £7023 18s 2d". Income Herd Testing Fees £5182 Is lid; New Zealand Dairy Board Subsidy; £1541 lis 5(1; Mastitis Testing Is lOd. Total £7023 18s 2d. Balance, Sheet Liabilities: Sundry Creditors £26 6s 3d; Accumulated Surplus 1/6/39 £138 13s Id; Plus Surplus taken over: < Poverty Bay Group Herd Testing Association £131 8s 2d; Wairoa Co-op Herd Testing Association £27 17s lOd Total £598 0s Id. Assets: Cash at Bank of New Zealand £77 18s 4d; 01|'ice Building, Gis- ' borne £40; OHicc Fittings £10; Stock on Hand £115 14s lOd; Plant 1/6/39 Plus Additions £508 Is; Plus" plant taken over from: Poverty Bay Group H.T.A., Wairoa Co-op H.T.A. £300: Sundry Debtors £163 3s lid. lotal £706 17s Id. Costs and Incomfc Per Cow Expenditure: Wages 2s 3.346 d; Car Expenses 6.978 d; Ackl and Glassware 2.112 d; Secretarial and Directors' Expenses Is 1.290 d; Depreciation 1.999(1; Other Expenses 3.612 c!; Excess Income .624 d. Total 4s 7.961(1. Receipts: Herd Testing Fees 3s 7.705 d; Government Subsidy Is 0.256(1 Total 4s 7.961(1.