E.—7

Statement of Income and Expenditure. Expenditure. £ s. d. Inccme. £ s. d. Food .. .. .. .. .. 720 14 5 Boarding fees .. .. .. .. 2,291 14 9 Water, light, and fuel .. .. .. 208 18 7 Dinner-money .. .. .. .. 110 0 Wages .. •. .. •. .. 350 19 10 Miscellaneous receipts .. .. .. 10 17 6 Repairs .. .. .. ■. .. 483 13 1 Insurance .. .. .. .. .. 15 6 0 Salaries .. .. .. . • •. 325 0 0 Miscellaneous expenses .. .. .. 151 4 8 Balance to capita! .. .. .. .. 48 5 8 £2,304 2 3 £2,304 2 3 Balance-sheet as at 31st December, 1929. Liabilities. j Assets. £ s. d. £ s. d. ! £ s. d. Capital at 31st December, 1928 .. 6,304 17 2 1 Buildings .. .. .. .. .. 5,732 9 0 Add transfer from Home Science j Sites .. .. .. .. .. 3,900 0 0 School Account .. .. 4,500 0 0 i Furniture .. .. .. .. .. 844 18 II Add donations for building .. 40 0 0 Cash .. .. .. .. .. 428 11 11 Add excess of income over expenditure .. .. 48 5 8 10,893 2 10 Less depreciation of assets .. 44 18 0 10,848 4 10 Amount owing to General Account . . .. 12 10 0 Piano Fund.. .. .. • • • • 45 5 0 £10,905 19 10 £10,905 19 10 BEVERLY TRUST ACCOUNT. Statement of Receipts and Payments. Receipts. Payments. Balance on Ist January, 1929 — £ s. d. £ s. d £ s. d. Debentures .. .. .. 8,315 5 0 Scholarships .. .. .. .. 212 2 0 Cash .. .. .. 918 9 9 Transfer to General Account (No. 1) for salaries .. 875 0 0 • 9,233 14 9 Rates .. .. .. .. .. 190 8 9 Interest .. .. .. .. .. 484 16 2 Insurance .. .. .. .. .. 13 6 7 Rates, refund .. .. .. .. 01010 j - Repairs .. .. .. .. .. 204 2 0 Rent .. .. .. .. .. 1,228 15 4 i Miscellaneous payments .. .. .. 14 4 0 Refund from General Account (No. I) .. .. 23 10 0 Commissions to agents and bank charges .. 108 17 11 ' Balance on 31st December, 1929 — £ s. d. Debentures .. .. ..8,89150 Cash .. .. .. 462 0 10 9,353 5 10 £10,971 7 1 £10,971 7 1 Statement of Income and Expenditure. Expenditure. £ s. d. Income. £ s. d. Commission" to agents, audit fees, and petty Interest on investments .. .. .. 498 4 8 expenses .. .. .. .. .. 5700 Rents .. .. .. .. .. 1,227 18 0 Bank commission .. .. .. .. 2 17 9 Repairs .. .. .. .. .. 106 19 0 Sundry expenses .. .. .. .. 14 4 0 Rates .. .. .. .. . • 190 8 9 Insurance .. .. .. .. .. 13 6 7 Scholarships .. .. .. .. 212 2 0 Salaries —Transfer to Arts and General Account (No. 46) .. .. .. .. .. 875 0 0 Balance to accumulated income .. .. 254 4 7 \ £1,726 2 8 £1,726 2 8 Accumulated Income Account. Br. ' £ s. d. Gr. £ s. d. Transfer to capital .. .. .. .. 417 8 2 Balance on Ist January, 1929 .. .. 791 12 7 Transfer to capital (one-tenth of gross income of Transfer from Income and Expenditure Account.. 254 4 7 funds in hands of Trustees, Executors Co.) .. 122"15 9 Balance on 31st December, 1929 .. .. 505 13 3 £1,045 17 2 £1,045 17 2

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