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

9

6 INCOME NET REVENUE ACCOUNT

ITEM

1920/2 1

1921/2 2

Balance down

£9,423 £16,30 8

Dividend on War Loan (less tax) Balance to appropriation account

£25

£192

£2,008

-

TOTAL

£11,45 6 £16,50 0 EXPENDITURE NET REVENUE ACCOUNT

ITEM

1920/2 1

1921/2 2

Repayment of debt

£4,296 £5,000

Income tax

£1,976

£613

Interest on dividends Balance to appropriation account

£5,184 £5,296

-

£5,591

TOTAL

£11,45 6

£16,50 0 APPROPRIATION ACCOUNT

ITEM

1920/2 1

1921/2 2

Balance brought down Loss on year (no provision for renewals)

-

£5,591

£3,175 - INCOME APPROPRIATION ACCOUNT

ITEM

1920/2 1 £2,008

1921/2 2

Balance down Motor Ambulance New floor and rails in depot Toilets at Market Offices

-

£278 £524 £184 £181

£239 £14

£56

Market shelter Profit for year

-

-

£5,282

TOTALS £3,175 £5,591 MEMO Out of the profit for the year of £5,282 the sum deficient at March 31 st , 1921 was £3,048. The balance of £2,234 has been transferred to the Depreciation & Renewals Fund as the contribution for the year 1921/22. DEPRECIATION & RENEWALS FUND The amount credited at March 31 st , 1921 = £27,641. Add interest on investments = £1,013. Add contributions for year 1921/22 = £2,234. Total in credit at March 31 st , 1922 = £30,888. The amount of the calculated Depreciation & Renewals Fund at 31/3/21 = £36,287 – 7s – 10d. CONTRIBUTIONS Year Car miles @ 1d per car mile Interest @ 3% TOTAL @ March 31 st , 1922

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