Fire_Services_1963-1964 — Page 42

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32

LIABILITIES

APPENDIX VIII

FIRE SERVICES DEPARTMENT

WELFARE FUND

BALANCE SHEET AS AT 31ST MARCH, 1964

ASSETS

1962-63

$102,444.58

1962-63

Accumulated fund as at 1.4.63

$109,815.60

$ 20,030.70

Outstanding Loans

་་

Add:

7,371.02

Excess of Income over Expenditure for the year 31.3.64

41,494.00

Sundry Debtors

... $18,329.40 20,716.75

44

44,974.92

448.20

$109,815.60

6,438.90 Sundry Creditors ...

Deposits for Firemen's Services ...

::

$154,790,52

8.467.33

Stock of Christmas Cards and Queen's F.S.

Medals at Cost Investment at Cost

1,623.20

$14,596.40

Less:

Accumulated

depreciation...

3,996.40

4,568.00

10,400.00

Suspense Accounts

10,600.00

5.00

Cash

On Fixed Deposits With Accountant General

$40,000.00 76,551.50

43,881.60

116,551.50

$116,254.50

$167,825.85

$116,254.50

R. G. Cox, Director of Fire Services.

Certificate and Report of the Director of Audit

The above Balance Sheet and the accompanying Statements have been examined in accordance with Regulation 11(2) of the Fire Services Department (Welfare Fund) Regulations, 1954. I have obtained all the information and explanations that I have required, and I certify, as a result of this audit, that in my opinion the Balance Sheet and Statements are correct subject to the following observation.

2. In the Balance Sheet, the item 'Suspense Account-$5.00' appearing as an asset represents an unexplained difference on the Accounts.

AUDIT DEPARTMENT,

28th October, 1964.

W. J. D. Cooper, Director of Audit.

$167,825.85

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