B. —13

HOUSING ACCOUNT—continued. SECTIONALIZED REVENUE ACCOUNTS—continued. (E) Rented Properties (New) erected under New Housing Scheme. D J- £ s. d. Gr. £ s. d. Interest Account .. .. .. .. 25,697 910 Rents .. .. .. .. .. 104,072 210 Depreciation Reserve.. .. .. .. 17,131 6 4 Maintenance Reserve.. .. .. .. 17,131 6 4 Rates Reserve .. .. .. .. 22,270 711 Insurance Fund . . . . .. .. 6,424 7 5 Vacant Tenancies Reserve .. .. .. 4,856 7 7 Management expenses .. .. .. 10,278 3 4 Transfer to Profit and Loss Account .. .. 282 14 1 £104,072 2 10 £104,072 2 10

(F) Factories and Plant Revenue Account. P r - £ s. d. Cr. £ s . d. Interest Account .. .. .. .. 589 5 6 Lease .. ~ .. ... .. 6 000 0 0 Rates . . . . .. .. .. 303 3 10 Rent . . . . .. .. 533 0 0 Depreciation— £ s. d. Factories .. .. .. 1,419 0 1 Plant .. .. .. 1,975 10 7 3,394 10 8 Insurance Fund .. .. .. .. l, 180 0 0 £6,000 0 0 £6,000 0 0

Interest Adjustment Account for Year ended 31st March, 1939. Dr. £ s. d. Cr. Interest on loan liability .. .. .. 69,590 15 10 Recouped from Revenue Accounts— £ s. d. (a) Properties sold under agreements for sale and purchase .. .. .. 4,828 5 0 (b) Advances to local bodies .. .. 2,511 19 6 (c) Advances under Part 111, Housing Act, 1919 73 4 0 £ s. d. (d) Rented properties (old) .. 17,489 10 8 (e) Rented properties (new) .. 25,697 910 43,187 0 6 (/) Factories and plant .. .. 589 5 6 Interest during construction— Preliminary expenses .. .. 23 0 0 Land .. .. .. 4,648 0 0 Dwelling construction .. .. 10,665 0 0 — 15,336 0 0 Profit and loss .. .. .. .. 3,065 1 4 £69,590 15 10 £69,590 15 10

Profit and Loss Reconciliation Account foe Year ended 31st March, 1939. _ ± £ s " d ' Cr - £ s - d. Interest Account .. .. ... .. 3,065 1 4 Revenue Account — Revenue Accounts— Local authorities . . .. .. .. 2,762 18 8 Properties sold under agreements for sale and Part 111 .. .. .. .. .. 78 19 9 purchase .. .. .. .. .. 1,455 0 6 Rented properties (new) .. .. .. 282 14 1 Rented properties (erected prior to 31st March, 1937) 20,900 5 0 Balance, loss for year .. .. .. 22,295 14 4 £25,420 6 10 £25,420 6 10 £ s. d. £ g . d. Balance as at 31st March, 1938 .. .. 73,397 5 0 Balance as at 31st March, 1939 .. .. 95,692 19 4 Loss for the year .. .. .. .. 22,295 14 4 £95,692 19 4 £95,692 19 4 £ s. d. Balance .. .. .. .. .. £95,692 19 4

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