62
The Diocesan Boys' School, Kowloon
Balance Sheet as at 31st December, 1930
63
The Diocesan Girls' School, Kowloon Income and Expenditure Account for the Year ended 31st December, 1930
!
Liabilities
$ cts.
Assets
cts.
1929
cts.
GENERAL SURPLUS OF THE SCHOOL:~
Per last Account.
$509,866.64
Less Net Loss for 1930 on the whole School, per Profit and Loss Account....
SCHOOL BUILDINGS & FIXTURES:
Site Formation -per last A/c. $131,380.31 Buildings (including Additional
(At cost).
23,286.85
TO SALARIES AND WAGES:-
Staff (lass re-
ceipts)
207.13 509,659.51
Architects' Fees $3,730.00) 531,835.20 Heating, Lighting & Sanitary Installations per last A/c.
2,166.00
Servants
$27,575.86 2,469.75
30,045.61
19%
35,823.92
6,853.00 693.02
CES.
1
By School Fons (Tuition, Board
and Games) Government Grant for 1919...
39,147.72
7,476.00
**
Sundry Receipts (less pay-
ments)
399.17
21,353.29 684,568.80
School's Contribution to Sheff
1,295.48
"
**
Subscriptions and Donations i
BUILDINGS RESERVE :--
Provident Fund...
2,334.07
Allocated from Diamond Jubilee Endowment
TENNIS COURTS:-Cost of Construction.
4,018.00
637.39
Pension £60 (Mig Skipton)...
886.97
Fund, per Statement....
2,120 00 EQUIPMENT:--
6,832.13
Maintenance (les receipts)
7,727.80
Dr. 127.19
1
0
TRUST FUNDS :-
Furniture & Fittings, Lockers
501.29
+
447.20 Flectric Light and Telephone..
Endowment, per Statement.....$
18,885 59
Scholarship, per Statement..
9,168.32
& General Equipment, per last Account...
916.31
Repairs and Renewals
1,388.91
18.19 i
22,285.92
339,50
"
Insurance
339.50
Diamond Jubilee Endowment
Additions during the year......
222.20 22,508.12
117.75
Clothing (less recoveries)
85.98
168.94
Fund, per Statement.
22,000.59
50,063.50
200.00
Audit Fee
SCIENCE EQUIPMENT: per last Account.
1,241.10
2,300.00
Reserve for Staff Passages
200.00 7,263,80
counts
60.00
SUNDRY CREDITORS
475.00
Deposits repayable to Scholars..$ Military Authorities (balance of
their claim)..
Local unpaid Bills:-
180.00
9,400.00
712,336.02
STOCK IN SCHOOL STORE.......
1,405.11
SUNDRY DEBTORS:-
Subscriptions & Donations for
Sundries.....
$ 2,479.30
1930 (balance).
$
Accrued Interest on Mortgages Sundries....
380.00 364.68 980.27
37,772.22 7,252.84
.
Furniture, Linen & Furnish- ing 1929 additions writ- ten off...
Profit last year
(including Donation from
Miss Hipton $750.00) Books and Stationery (less
payments)
Profit on Sale of War Loan INTEREST:
On Current Ac-
On Hong Kong
Government
2,513.38
421.86
$147.30
1,724.95
& Co.)......
MORTGAGES:-(earmarked
6%
Public
Works Loan.
60.00
207.30
Dr. 2.30
"
University Exam: Fees re-
covered
25.00
50-190.43
342.00
It
Reserve for doubtful debts
written back, not required.
+
Loss for this year per Balence
Sheet...
529.31
Contractor
(Lam Woo
Little, Adams
and Wood,
15,633.00
Architects... 3,730.00
Hongkong
Interest due
Government
on $175,000
@ 6% p.8.
from 28/1/30 to 31/12/30
Hongkong
Government,
against Trust Funds)
Secured on R. P. of K. I. L.
No. 589 (71%)..
R5" (part $150,000) Secured on K. I. L. No. 542 (6%)...
.$ 25,000.00
25,000.00
PAYMENT IN ADVANCE:-Salary of Rev. W.
9,725.40
31,567.70
T. Featherstone for January & February, 1931, £130 @ 1/3 3/8.. CASH-In Hand..
Loan (6%)...$ 175,000.00
Less Instal
ments of
Sinking Fund up to 27/1/30 and Interest accrued to 31/12/30 ...
Instalment
due 28/1/30
11,647.05 163,852.95 204,500.65
to 31/12/30
$3,241.80
Less Sinking
Fund in
3.241.80
arrear....
HONGKONG & SHANGHAI BANK- ING CORPORATION-Over- draft on Current Account. Less HONGKONG & SHANGHAI BANKING CORPORATION- Endowment Fund Current Account...
1,461.62
177.09
1,284,53
767,628.19
50,000.00
2,029.27 132.84
45,825.06
$ 50,719.74
767,628.19
We have prepared the above Balance Sheet from the Books, Accounts and Vouchers of the School. No Depreciation has been written off Assats, which are shown at cost.
LOWE, BINGHAM & MATTHEWS,
Chartered Accountants,
Hong Kong, 20th February, 1931.
Treasurers.
Note. The Government Grant
is ply brought into account when actually authorised.
$ 50,719.74