Accrington on Rails - The Tramways: A Complete History - Robert Kenyon

Traffic expense General expense

£8,135 £10,898

£3,089 £3,744 £7,861

£3,312 £4,705 £7,658

Repairs & maintenance Power expense Banker’s commission Blackburn mileage Patriotic payments Repairs to Church property Repayment of debt Income tax on profits Interest on dividends Motor ambulance Depreciation & renewals fund Less Haslingden Mileage

£16 £896 £872

£20

-

£701 £23

£1

£4,153 £776 £4,639 £103

£4,073 £554 £4,782 £102 £3,340

-

£2,854

£3,377

£31,431 £36,791

TOTAL

STATEMENT

Year Gross income

Revenue balance

account

Available balance

Cost of tramway repairs

1910/1 1 1911/1 2 1912/1 3 1913/1 4 1914/1 5 1915/1 6 1916/1 7 1917/1 8

£24,510

£9,363

£1,754

£700

£26,221

£10,427

£2,646

£495

£27,822

£12,368

£4,554

£804

£30,194

£12,683

£4,732

£985

£27,850

£11,411

£3,179

£958

£29,272

£9,774

£578

£1,323

£30,441

minus £8,680

£874

£1,539

£36,712

£12,772

£3,340

£1,825

MEMORANDUM

Item

1916/1 7 £18,744

Depreciation & renewals fund credit @ March 31 st , 1917 Added during year interest on investments with Corporation

£459

Banker’s interest

£403

£19,606 DEPRECIATION & RENEWALS FUND

TOTAL credit March 31 st 1918

The basis of this fund was laid down by a Committee on October 15 th , 1908, at the rate of 1 penny per car mile run. The following figures show the amount which should have been in this fund on March 31 st , 1918. It was originally assumed that the renewal of the permanent way would cost £4,400 per mile of single track, and that its useful life would be 16 ears. It is now

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