AnnualReport-1923

O 55

Table XVI.

SAIYINGPUN SCHOOL.

“Ho Kom-tong” and “Ralphs” Scholarships.

Income and Expenditure Account for 9 months ending 31st December, 1923.

Income.

To Balance from 1922 $ C. 36.25 To Interest on $1,000 Hongkong Government Loan 60.00 $96.25

Expenditure

By Scholarships 66.00 By Balance, Cash at Bank 30.25 $96.25

Balance Sheet, 31st December, 1923.

Liabilities.

$ C. To Capital (Scholarship Fund.) 1,030.25 $1,030.25

Assets.

$1,000 6% War Loan Bonds (in custody of Hongkong & Shanghai Bank) 1,000.00 Cash at Bank 30.25 $1,030.25

E. RALPHS,

Inspector of English Schools.