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

CONTRIBUTIONS

Year

Car miles

@ 1d per car mile

Interest @ 3% TOTAL @ March 31 st , 1919

1918/1 9

548,316 £2,284 – 13s – 0d

£791 – 10s – 5d

£29,459 – 17s – 7d

In comparison the ‘actual’ sum was £24,949, a deficit on this basis of £4,510 – 17s – 7d. The total sum taken from the rates since the tramway system was first established and not yet repaid at the end of the financial year amounted to £4,558. It was resolved that of the available balance of £3,205, the sum of £2,785 would be appropriated to the Depreciation & Renewals Fund and the remaining £420 carried forward. The following is a summary of the Revenue Account for the year ending March 31 st , 1919. ITEM Amount Profit for year brought down £2,341 Plus disposable amount at March 31 st , 1918 £864 Amount disposable at March 31 st , 1919 £3,205 Depreciation & Renewals Fund at March 31 st , 1918 £21,106 Added during the year interest on investments £1,058 Contributions from revenue for year £2,785 TOTAL credit at March 31 st , 1919 £24,949

EXPENDITURE

INCOME

ITEM

1917/18 1918/19 £10,898 £14,690

Traffic expense General expense

£3,312 £4,705 £7,658

£3,948 £7,358 £8,031

Repairs & maintenance Power expense Banker’s commission Patriotic payments Repairs to Church property

£20 £701 £23

£20 £622 £33

Repayment of debt Income tax on profits Interest & dividends Motor ambulance

£4,073 £554

£4,186 £1,227

£4,782 £102 £3,340 £3,377

£4,775 £141 £2,341 £4,296

Profit for year

LESS Haslingden mileage

TOTAL

£36,791 £43,076

ITEM

1917/18

1918/19

Car receipts

£35,351 £1,013

£41,633 £1,071

Parcels receipts

Postmaster General Advertising on

£175

£175

£94

£35

255