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

General expense

£6,149 £5,765

Repairs & maintenance £10,55 2

£10,33 1

Power expense Banker’s commission Repairs to Church property LESS Haslingden mileage

£7,803 £5,474

£20

£20

£8

-

£6,856 £6,034

Sub TOTAL

£39,25 4 £18,49 8 £57,75 2

£36,45 8 £18,54 0 £54,99 8

Balance to net revenue

TOTAL

INCOME NET REVENUE ACCOUNT

ITEM

1922/23 1923/24 £18,498 £18,540

Balance down

Dividend on War loan (less tax)

£190

£188

TOTAL

£18,688 £18,728

EXPENDITURE NET REVENUE ACCOUNT

ITEM

1922/23 1923/24

Repayment of debt

£5,479 £2,123 £4,721

£5,392 £3,189 £4,302

Income tax Interest on dividends Profit for year

£6,365

£5,836

TOTAL

£18,688 £18,728

INCOME APPROPRIATION ACCOUNT

ITEM

1922/2 3

1923/2 4

Balance brought down

£6,365 £5,836

EXPENDITURE APPROPRIATION ACCOUNT

ITEM

1922/2 3

1923/2 4

Motor ambulance

£179

£166 £2,000

Contribution to Borough rate Depreciation & Renewals Fund

-

£2,305 £2,338

Profit for year

£3,881 £1,332 £6,365 £5,836

TOTALS

DEPRECIATION & RENEWALS FUND The amount credited at March 31 st , 1923 = £34,453. Add interest on investments = £1,183. Add contributions for year 1922/23 = £2,338. Total in credit at March 31 st , 1923 = £37,974. The amount of the calculated Depreciation & Renewals Fund at 31/3/24 = £42,919 – 12s – 9d. CONTRIBUTIONS Year Car miles @ 1d per car mile Interest @ 3% TOTAL @ March 31 st , 1923 1923/2 4 561,154 £2,338 – 2s – 10d £1,287 – 11s – 9d £46,545 – 7s – 4d

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