H—24A

MASTERTON LICENSING TRUST —continued MIDLAND (PRIVATE) HOTEL Trading and Profit and Loss Account for Six Months Ending 31st March, 1950 £ £ Meals and lodging .. .. .. .. .. .. .. .. 6,358 Rent received .. .. .. .. .. .. .. .. 130 6,488 Deduct— Cost of food, supplies, fuel, and power .. .. .. .. .. 2,342 Wages .. .. .. .. .. .. .. .. .. 3,101 Laundry, stationery, stamps, telephones .. .. .. .. .. 322 General expenses, including insurances and advertising .. .. .. 125 Plumbing, electrical, and equipment maintenance .. .. .. .. 82 Depreciation on alterations and additions to building .. .. .. 15 Depreciation on furniture and equipment .. .. .. .. .. 495 Interest on bank overdraft .. .. .. .. .. .. .. 89 6,571 Net trading loss (six months) .. .. .. .. .. .. £B3 Contingent Expenses.—No allowance has been made for unascertained expenses contingent upon claim for compensation by Hotel Midland, Ltd., and the net trading loss shown is subject to this. (N.B. —Shillings and pence have been omitted.)

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