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Profit and Loss Account for the Year Ended 31st March, 1949 Dr. Per Cent. £ s. d. Or. Per Cent. £ s. d. Canteen salaries and Gross profit transferred wages .. .. 11-28 19,345 13 6 from Trading Account 15-49 26,547 9 3 Depreciation Account .. 0-08 134 5 4 Commission on shipments Canteen freights, cartage, to Japan .. .. 0-09 155 11 10 postages, and sundry Interest on investments 1-61 2,762 11 8 expenses .. .. 1-69 2,937 12 6 Profit on realization of Administrative expenses 2-24 3,828 18 9 assets .. .. 0-04 83 110 Net profit transferred to Appropriation Account 1-94 3,302 4 6 17-23 £29,548 14 7 17-23 £29,548 14 7 Profit and Loss Appropriation Account for the Year Ended 31st March, 1949 Dr. £ s. d. Or. £ s. d. Transfers to Canteen Fund Board Balance brought forward .. 928,356 17 9 under section 32, Patriotic Sundry recovery .. .. 83 0 0 and Canteen Funds Act, Net profit from Profit and Loss 1947 Account .. .. .. 3,302 4 6 Cash .. .. .. 90,680 0 0 Investments (nominal value, £710,985) .. .. 708,868 1 7 Freight and wages paid in respect of services rendered in previous years .. .. .. 4,683 17 10 Distribution of profits to defence services .. .. .. 6,252 7 6 Balance forward to next year .. 121,257 15 4 £931,742 2 3 £931,742 2 3 Balance-sheet as at 31st March, 1949 Liabilities £ s. d. Assets £ s. d. Sundry creditors .. .. 8,406 16 1 Plant, equipment, furniture and Profit and Loss Appropriation fittings, less depreciation .. 1,166 11 2 Account .. .. ~ 121,257 15 4 Stock on hand and in transit .. 26,841 8 3 Sundry debtors .. .. 7,098 13 11 Cash at bank, in hand, and in transit .. .. .. 94,557 18 1 £129,664 11 5 £129,664 11 5 A. G. Hedgman, Secretary. I hereby certify that the Balance-sheet and supporting accounts have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. —J. P. Butherford, Controller and Auditor-General.

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