B—l3

HOUSING ACCOUNT— continued. Profit and Loss Account for the Year ended 31st March, 1949 ' . : Dr. £ Cr. £ Balances Ist April, 194b.. .. .. .. .. 123,582 Balance, 31st March, 1949 .. ... .. .. 220,595 Administration of Termites Act, 1940 .. .. . . . 612 Borer-tireatment investigation ........ 97, Pre-treatment of timber ... .. .. .. 420 Loss for year (see combined Revenue and Expenditure Account) 95.884 ■. I £220,595 • £220^595 Balance-sheet as at 31st March, 1919 Liabilities £ Assets £ £ Loan liability .. ■"-.. .. .. .. .. 43,471,570 Principal owing under agreements for sale and Sundry creditors— £. purchase .. .. .. .. 93,290 Tenancy-deposits .. .. .. .. 28,469 Advances under—- : Rent paid in advance . . .. .. 24,639 Part 111, Housing Act, 1919 (loans to employers) 28,725 Departmental .. ~ .. .. 1,282 Part V, Housing Act, 1919 (local authorities: Miscellaneous .. .. .. .. 9,897 Urban housing) .. .. .. 1,048,001 64,287 Rural Housing Act, 1939 .. .. 131,112 1,301,128 Carried forward .. .. .. 43,535,857 Carried forward .. .. 1,301,128

24