Esdfsd D.-REVENUE ACCOUNT for the year ended 31st December 18 Balance carried to Profit and Loss Account, E. Dr. E.-PROFIT AND LOSS ACCOUNT (NET REVENUE) for the year ended 31st December 18 1. To Amount carried to Reserve Fund Account, F. (if any) from profits of 18 £ s d 2. " Interest on temporary loans, and moneys received in anticipation of calls Ditto on mortgages and bonds accrued to 31st Dec. 18 29 Ditto on debenture stock to ditto Balance brought from Revenue Account, D., being profit for year to Dec. 18 Interest on moneys deposited.. " Balance of net profit to be carried to next account subject to half-year's dividends to 31st Dec. 18 £ F. RESERVED FUND ACCOUNT, for the year ended 31st December 18 £ £ s d £ s d 1. Amount (if any) carried to Profit and Loss Account, E., to make up deficiencies of dividends to 31st Dec. 18 2. Amount paid for extraordinary claim or demand (if any) 3. Amount of balance to be carried to next Account 3. " Balance brought from Profit and Loss Account, E. Interest on amount invested £ £ Like Accounts must be given for Depreciation Fund for works on leaseholds (if any). Description of Coal Common Cannel G.-STATEMENT OF COALS, during the year ended 31st December 18 H.-STATEMENT OF RESIDUAL PRODUCTS, for the year ended 31st December 18 Dr. I.-GENERAL BALANCE SHEET, on 31st December 18 2. " 3. " Coals for stock on hand, 31st December 18 4. Coke and Breeze, 31st December 18 5. Tar and other products " " Sundry Stores Gas Meter Rental; balance of this account due to the company on 31st December 18 payments , less deposits and pre Coke and other residuals, 31st December 18 "Sundry Accounts, 31st December 18 . Special Items (if any), including investments Balance at credit thereof (Account E.) RESERVED FUND Balance at credit thereof (Account F.) DEPRECIATION FUND (for works on leasehold lands) Balance at credit thereof (Account debenture stock, and other loans, to 31st Dec. 18 Sundry Tradesmen and others, for amount due for coals, 7. " Interest accrued and unpaid on mortgages, bonds, and 8. " 9. £ s d £ WATER ACCOUNTS. THE WATERWORKS CLAUSES ACT 1847. 10 and 11 Vict. c. 17. Profits of the company to be limited. 75. The profits of the undertaking to be divided among the undertakers in any year shall not exceed the prescribed rate, or where no rate is prescribed they shall not exceed the rate of ten pounds in the hundred by the year on the paid-up capital in the undertaking, which in such case shall be deemed the prescribed rate, unless a larger dividend be at any time necessary to make up the deficiency of any previous dividend which shall have fallen short of the said yearly rate. If profits exceed the amount limited, excess to be invested and form a reserved fund. 76.—If the clear profits of the undertaking in any year amount to a larger sum than is sufficient, after making up the deficiency in the dividends of any previous year as aforesaid, to make a dividend at the prescribed rate, the excess beyond the sum necessary for such purpose shall from time to time be invested in Government or other securities, and the dividends and interest arising from such securities shall also be invested in the same or like securities, in order that the same may accumulate at compound interest until the fund so formed amounts to the prescribed sum, or if no sum be prescribed to a sum equal to onetenth part of the nominal capital of the undertakers, which sum shall form a reserved fund to answer any deficiency which may at any time happen in the amount of divisible profits, or to meet any extraordinary claim or demand which may at any time arise against the undertakers; and if such fund be at any time reduced it may thereafter be again restored to the said sum, and so from time to time as often as such reduction shall happen. Reserved fund not to be resorted to unless to meet an extraordinary claim. 77.-Provided always that no sum of money shall be taken from the said fund for the purpose of meeting any extraordinary claim, unless it be first certified, in England or Ireland, by two justices, and in Scotland by the sheriff, that the sum so proposed to be taken is required for the purpose of meeting any extraordinary claim within the meaning of this or the special Act. When fund amounts to prescribed sum, interest to be applied to purposes of the undertaking. 78.-When such fund shall, by accumulation or otherwise, amount to the prescribed sum, or one-tenth part of the nominal capital, as the case may be, the interest and dividends thereon shall no longer be invested, but shall be applied to any of the general purposes of the undertaking to which the profits thereof are applicable. If profits are less than the prescribed rate, a sum may be taken from 79.-If in any year the profits of the undertaking divisible amongst the undertakers shall not amount to the prescribed rate, such a sum may be taken from the reserved fund as, with the actual divisible profits of such year, will enable the undertakers to make a dividend of the amount aforesaid, and so from time to time as often as the occasion shall require. Annual Account to be made up by undertakers, and sent to the Clerk of the Peace in England or Ireland, or to the Sheriff Clerk in Scotland, and to be open to inspection. 83. And with respect to the yearly receipt and expenditure of the undertakers, be it enacted, that the undertakers shall, in each year after they have begun to supply water under this or the special Act, cause an account in abstract to be prepared of the whole receipt and expenditure of all rates or other moneys levied under the powers of this or the special Act for the year preceding, under the several distinct heads of receipt and expenditure, with a statement of the balance of such Account, duly audited and certified by the chairman of the undertakers, and also by the auditors thereof, if any; and a copy of such annual account shall be sent, free of charge, to the clerk of the peace for the county in which the waterworks are situated, if the waterworks are situated in England or Ireland, and if the waterworks are situated in Scotland, to the sheriff clerk of such county, on or before the thirty-first day of January in each year, under a penalty of twenty pounds for each default; and the copy of such account so sent to the said clerk shall be kept by him, and shall be open to inspection by all persons, at all seasonable hours, on payment of one shilling for each inspection. |