Confederation of British Industry Overseas Scholarships Scheme

Income and expenditure account

for the year ended 31 March 1992

APPENDIX A to Paper OS 012

DRAFT

1992

1991

£

£

£

Income

Contributions

Industry

379,978

Department of Trade and Industry

270,300

Less: excess contribution

refunded to Department of

Trade and Industry

Interest gross

Expenditure

385,189 261,000

(3,900)

646,378

646,18

710

1.59

647,088

647,78

Scholars' maintenance and fares

Maintenance

500,222

Fares inward

510,114

318

Fares homeward

27,799

34,342

528,021

544,77

Other expenditure

Salaries and wages

66,382

65,272

Office rent and services

18,401

17,549

Postage, stationery and duplicating

4,185

4,261

Cables and telephone

1,492

2,211

Selection committee expenses

5,963

2,643

Entertaining and travelling

1,821

1,128

Audit fee

1,400

1,307

British Council charges

1,589

2,427

Bad and doubtful debt

4,325

Miscellaneous

Corporation tax

Depreciation

2,613

(23)

197

400

331

Excess of income over expenditure for the

year

DRAFT

104,374 14,693

101,50 1,51

647,088

647,78

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