ROYAL ASIATIC SOCIETY
BALANCE SHEET AS AT 31ST DECEMBER, 1970
LIABILITIES 1969 ASSETS 1969 Accumulated Funds HK$43,554 HK$58,630 Balance as at 1st January 1970 HK$64,321 Deduct: Deficit of Expenditure (5,691) over Income in 1970 58,630 Quoted Investments at cost... (For Market Value see Note below) 6,529 12,730 Fixed Deposit $13,415 7,020 Deposit at Call ... 15,520 Balance of Accumulated Funds at 64,321 31st December, 1970 1,371 Sundry Creditor-Printing Charges 2,388 Current Account 2,303 31,238 17,000 HK$65,692 HK$74,792 HK$65,692 HK$74,792D. A. GILKES, Hon. Treasurer.
REPORT OF THE HON. AUDITORS TO THE MEMBERS OF THE ROYAL ASIATIC SOCIETY, HONG KONG BRANCH
We have examined the above Balance Sheet with the books and have obtained all the information and explanations we required for the purposes of our audit.
In our opinion, the said Balance Sheet is properly drawn up so as to exhibit a true and correct view of the Society's affairs as at 31st December 1970, according to the best of our information and the explanations given to us and as shown by the books of the Society.
WONG, TAN & Co., Chartered Accountants,
Hon. Auditors.
Hong Kong, 15th April, 1971.
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