B—l3

HOUSING ACCOUNT— continued Profit and Loss Account foe the Year ended 31st March, 1947 Dr. £ Or. £ Administration of Termites Act, 1940 .. .. .. 597 Balance, Ist April, 1946. . .. .. .. .. 52,786 Borer-treatment investigation .. .. .. .. 116 Recoveries on account of losses previous years .. .. 315 Pre-treatment of timber .. .. .. .. 329 Balance, 31st March, 1947 .. .. .. ~ 23,255 Interest charge in respect of 1937-44 adjusted costs .. 27,414 Loss for year (see combined Revenue and Expenditure Account) 47,900 £76,356 £76,356 Balance-sheet as at 31st March, 1947 Liabilities £ Assets £ £ Loan liability .. .. .. .. .. .. 31,606,331 Principal owing under agreements for sale and Sundry creditors— £ purchase .. .. .. .. 107, 973 Tenancy deposits .. .. .. .. 22,562 Advances under— Rent paid in advance .. .. .. 17,912 Part 111, Housing Act, 1919 (loans to employers) 4,315 Departmental .. .. .. .. 28,056 Part V, Housing Act, 1919 (local authorities: Miscellaneous .. .. .. ..11,404 Urban housing) .. .. .. 898,214 Timber levy .. .. ... ..20,343 Rural Housing Act, 1939 .. .. 136,139 100,277 1,146,641 Carried forward .. .. .. ..31,706,608 Carried forward .. .. 1,146,641

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