TOWN HALL BALANCE-SHEET

Manawatu Herald, Volume XXXV, Issue 1063, 13 February 1913, Page 2

TOWN HALL BALANCE-SHEET

FOR FIRST TWFI/VE MONTHS.

At Monday’s Council meeting a statement of receipts and expenditure of the Coronation Town Hall for the year _ ended Oct. 18th, 1912, was submitted. The receipts totalled ,£IBOS 14s 3d made up of concertos 19s 6d, ball ,£25 163, rents, main ball ,£llO 9s, rents supperroom, £lB 17s, picture shows £1452 7s 6d, rink £125 17s 6d, sale of skates ,£29 iSs 9d, sale of privileges £9 is,' refund broken fitting 7s 6d, refund half cost of fence £l4 08 6d. The expenditure amounted to

ns 1 id, ball 6s 6d, film hire, railage and posters Z 293 6s n, 3s 1 id, S. Kirkland, balance contract and hire 6s 6d, purchase ot section gas works, amount of contract £B3 8s 6d, advertising and printing ,£6B 17 2d, music is, repairs and additions £56 is 3d, fencing ,£3l 3 s repairs to engine £8 5s nd legal costs£3 os 6d, gaslighting ’and 3s id, registration and certificate £1 7s 6d, miscellaneous 9s rod, insurance ,£59 83 i Q ' terest sinking fund leaving a balance to profit 17s id. In connection with the statement the manager submitted the following report: — In the foregoing balance sheet, it will be noted three large payments which have considerably reduced the profits for the year s viz. Kirkland’s balance of contract 6s 6d, section purchased 2i05, Gas Works contract 8s 6d, a total of £336.15?. but for these payments the profit for the year would be 1 123 order to get at the profits of the Council’s business ventures, viz., pictures and rink, from the above amount of 12s id must be deducted the profits on the opening nights, and reals of hall and supper room, in all 3s id, , this leaves a profit of ,£369 9s for the twelve mouths. Next year, of course, the profit will be much less, as we are paying more for film hire, and music, and the prices have been reduced, for instance the music will cost as against and films are now costing about per year more. The wages sheet is higher and so on.