B—l3

HOUSING ACCOUNT— continued Profit and Loss Account for the Year ended 31st March, 1948 Dr. & Or. £ Balance, Ist April, 1947.. .. .. • • • • 23,255 Balance, 31st March, 1948 .. .. • • • • 123,582 Administration of Termites Act, 1940 .. .. • • 527 Borer-treatment investigation .. .. .. • • 95 Pre-treatment of timber .. .. .. • • 557 Loss for year (see combined Revenue and Expenditure Account) 99,148 £123,582 £123,582 Balance-sheet as at 31st March, 1948 Liabilities £ • Assets £ £ Loan liability .. .. .. .. •• ..36,556,494- Principal owing under agreements for sale and Sundry creditors— £ purchase 102, Bb2 Tonannv . .. 25,232 Advances under— Rent paid in advance !'. .. ..19,464 Part 111, Housing Act, 1919 (loans to employers) 15,095 Departmental 192,406 Part V, Housing Act, 1919 (local authorities: Miscellaneous .. •• •• •• 7,566 Urban housing) .. .. •• vu'2Bl Timber lew •• •• 99,313 Rural Housing Act, 1939 .. .. 134,^81 343,981 1,226,225 Carried forward 36,900,475 Carried forward .. 1,226,225

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