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

year Amount in credit at end of year

£37,508

TOTAL

+ £9,124

INCOME

ITEM

AMOUN T £28,384

Amount in credit at April 1 st , 1933 Transfer of Income Tax reserve Interest on investments less Tax

£7,309

£1,069

Banker’s interest Sale of old rails

£12 £637 £517

Sale of redundant cars and scrap Refund of tramcar insurance

£5

TOTAL

£37,933

EXPENDITURE

ITEM

AMOUN T

Alterations to bus depot Resurfacing of Ellison Street Amount in credit at year end

£292 £133

£37,508

TOTAL

£37,933

REVENUE ACCOUNT INCOME

ITEM

AMOUNT £37,508

Amount in credit at start of year Balance at the year end

£37,017 TRAMWAY SURPLUS ACCOUNT (INCOME)

ITEM

AMOUNT £37,508

Amount in credit @ April 1 st , 1934 Net interest on investments

£1,022

Bankers’ interest Sale of scrap

£21 £498 £650

Sale of redundant tramcars

TOTAL

£39,699 TRAMWAY ACCOUNT (EXPENDITURE)

ITEM

AMOUNT

Transfer in aid of rates

£2,060

Reinstatements

£38 £349 £235

Repairs to garage roof Painting garage roof Amount in credit at year end

£37,017

TOTAL £39,699 December The General Manager reported he had concluded the sale of three redundant double-deck tramcars to Southend-on-Sea Corporation Transport, at a price of £150 each, and his actions were

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