E.—7

WORKERS' EDUCATIONAL ASSOClATlON—continued. Statement of Income and Expenditure. . Expenditure. £ g. d. Income. £ s. d. salaries .. .. .. .. ~ 1,342 16 8 Government grant .. .. .. .. 750 0 0 General expenseg £ g. d. Grant from Carnegie Corporation .. .. 251 19 3 Rental of roomg .. .. .. 99 13 6 Box gcheme feeg .. .. .. 107 810 Box scheme expenses .. .. 61 4 9 National endowment .. . 950 0 0 Printing and stationery .. .. 40 510 Interest .. .. .. .. " "43 610 Administration .. .. .. 38 0 0 Capital : Transfer of balance .. .. 237 ] 9 Sundries ...... 26 3 0 library books .. .. .. 25 211 290 10 0 Equipment and apparatus : Depreciation .. 6 10 0 £1,639 16 8 £1,639 16 8 * Balance-sheet as at 31st December, 1937. Liabilities. Assets £ s. d. £ s. d. ' £ s. d. £ g d Capital .. .. .. 1,175 19 | Equipment and apparatug .. .. 65 13 0 Less Income and Expenditure .. 237 1 9 Less depreciation .. .. 610 0 — — 938 17 4 59 3 0 Sundry creditors .. .. .. 21 0 9 Library books .. 100 0 0 Government grants not yet applied .. 375 0 0 Investments .. .. '' '' 750 0 0 Cash •• .. .. .. 425 15 1 £1,334 18 1 £1,334 18 1

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