Expenditure.

£ s. d.

s. d.

32,778 19 11 100 12 5 13,513 11 9 406 1 6 10,707 17 3,321 13 459 17 245 10 61,534 3 8 New Life-boats for the following stations :—On account— Aith, Broughty Ferry, Coverack, Cromer, Exmouth, Flamborough, Lizard, Llandudno, Maryport, i Port- askaig, Runswick _______ Upkeep of Office and Store at Cowes — — — — Alterations and Repairs of Life-boats, etc. - - - Consulting Naval Architect — — _ — __ Salaries of Superintendent, Engineer, Surveyors, Assistant Surveyors of Life-boats and Machinery, Draughtsmen, and Clerical Staff _______ Travelling Expenses _______ Pensions under the Pension Scheme - - - - Contributions to Superannuation and Provident Fund Life-boat Carriages and Tractors :— New Carriages, etc. _______ 331 5 9 New Tractors, etc. _______ 454 Repairs to Tractors _______ 433 ie 9 Alterations and Repairs of Life-boat Carriages, etc. — — 498 8 8 Salaries of Assistant Surveyor of Carriages, and Tractor Engineer ___--_--- 696 0 0 Travelling Expenses _______ 546 0 2 Contributions to Superannuation and Provident Fund - 34 10 0 2,544 6 8 Life-boat Houses and Slipways :— New Construction and Adaptation Repairs and Maintenance — Life-boat Stores - - - - 23,927 0 11 - 4,496 7 1 28,423 8 0 11,995 14 1 Life-boat Storeyard at Poplar, including Taxes, Insurance and Repairs ________ 2,577 3 0 Salaries of Superintendent of Stores, Storekeeper and Clerical Staff and Wages of Manual Workers - - 13,895 3 10 Pensions under the Pension Scheme — — — — 302 13 4 Contributions to Superannuation and Provident Fund - 50 11 8 16,825 11 10 10,077 11 330 6 Payments in connexion with Life-boat Stations, such as Repainting and other Small Repairs to Life-boats, Life- boat Carriages, and Life-boat Houses, done locally ; Con- veyance of Boats, Carriages and Stores ; Postages, etc. — Salaries of Assistant Secretaries, etc., of Stations - 10,407 17 7 Wages, Rewards and other payments to Coxswains, Motor Mechanics and Crews :— Cost of Wreck Services, including Rewards to Life-boat Crews and others, Special Rewards and Recognitions, Medals and Vellums --__--- Grants to men injured in the Life-boat service - - Fees of Coxswains, Bowmen and Signalmen, Wages of Motor Mechanics, etc. ______ Payments to Life-boat Crews and Launchers for exercises, etc. _________ Pensions and Retiring Allowances to Coxswains, Bowmen and Signalmen — — — — — — — — Pensions and Grants to Relatives of deceased Life-boatmen and others ________ Pensions and Gratuity under the Pension Scheme to Ex- permanent Crews of old Steam Life-boats, etc. — — Carried forward 5,275 14 385 11 0 9 31,449 3 6 6,017 14 3 4,285 6 9 1,834 4 6 809 6 6 50,057 1 3 181,788 3 1 Income.

Subscriptions, Donations, etc.:— General Subscriptions to Headquarters - - - - „ „ through Station Branches - - „ „ through Financial Branches - - ,, Donations to Headquarters - - - - ,, ,, through Station Branches - — — „ ,, through Financial Branches - - Contributions from Harbour Authorities towards upkeep o f Life-boat Stations _ _ _ _ _ _ Contribution Boxes (Headquarters) - - - - „ ,, (Station Branches) — — — — „ „ (Financial Branches) - — — £ s. d.

6,227 9 11 6,510 16 16,751 16 9,425 19 20,632 13 48,095 12 £ s. d 1,836 2 10 219 19 2 3,890 756 114,346 14 1 Life-boat Funds : — Civil Service Life-boat Fund, per H. A. Clark, Esq., I.S.O., in respect of the following Life-boat Establishments— Donaghadee, Margate, Southend-on-Sea, Walmer and Whitehills _ _ _ _ _ _ _ _ Hollon Life-boat Fund (per the Charity Commissioners) - Bevan Reward Fund (per the Charity Commissioners) — 1,187 25 208 1,420 15 0 Income from Investments : — Dividends and Interest on Investments Less Income Tax deducted - - - 44,757 14 3 - 5,653 12 2 39,104 2 1 Special Purposes Trust Fund Income £ s. d.

Account _ _ _ _ _ _ 1,720 8 6 Less Transfer to Special Purposes and Maintenance Fund - - - 216 7 0 1,504 1 6 Less Transfers to General Subscriptions, Station Branch Contributions, and Financial Branch Contributions - - Income Tax recovered - 446 15 4 1;057 6 2T 6,761 6 6 46,922 14 Carried forward - 162,690 3 !• •Expenditure.

£ s. d. £ s. d.

Brought forward _ _ _ _ _ 181,788 3 1 Life-boat Inspectors :—• Salaries of Chief Inspector, Deputy Chief Inspector, Inspectors of Life-boats and Clerical Staff - - - 6,899 8 4 Travelling Expenses _ _ _ _ _ _ _ 2,091 4 1 Pensions under the Pension Scheme - - - - 874 17 0 Contributions to Superannuation and Provident Fund - 188 15 3 10,054 4 8 Administration:—.

One-half of Salaries of Secretary, Deputy Secretary, Assistant Secretary, Principal Clerk, Accountant and Clerical Staff _ _ _ _ _ _ _ _ 4,391 7 1 Rent, Leasehold Depreciation Rates, Taxes, £ s. d.

Lighting, Heating, Insurance, etc. — — 1,778 16 5 Insurance under Workmen's Compensation, National Insurance and Unemployment Insurance Acts — — — — — 805 10 1 Commissionaires and Watchmen - — — 553 14 4 Telephones, Postages and Parcels - - 840 18 4 Pensions under the Pension Scheme - - 1,460 11 0 Travelling and other Expenses of Chairman and Committee of Management - - 701 5 9 6,140 15 11 Less estimated amount chargeable to Publicity _ - _ _ - _ 3,070 8 0 3,070 7 11 Contributions to Superannuation and Provident Fund 229 19 6 Stationery, Office Expenses, Printing, Books, Circulars, Forms, etc. _ _ _ _ _ _ _ _ 1,571 3 7 Auditors' F e e _ _ - _ - _ _ _ 3 1 3 0 0 L a w Expenses _ _ _ _ _ _ _ _ 4 0 0 4 6 Repairs and improvements to the House of the Institution - 179 6 6 10,157 9 1 Expenses re the Estate of the late Mrs. F. McLorg - - 50 0 0 Publicity at Headquarters and 1,107 Branches:— One-half of Salaries of Secretary, Deputy Secretary, Assistant Secretary, Principal Clerk, Accountant and Clerical Staff (as above), and Salary of Publicity Secretary, etc. - 5,314 7 7 Salaries of District Organizing Secretaries and Clerical Staff 7,812 17 2 Travelling Expenses of District Organizing Secretaries - 2,082 2 8 Annual General Meeting — — — — — — 98 35 Advertising and Appeals — _ _ _ — - 6,192 18 10 Stationery, Printing, Books, Circulars, Forms, Badges, Collecting Boxes, Postages, etc. - - - - - 10,899 10 2 Printing and Binding the Annual Report and The Life-boat Journal - - - - _ - _ - - 1,896 1 8 1 0 Pension under the Pension Scheme - - - - 172 10 0 Salaries- and Commissions of Assistant Secretaries, etc., of Branches _ _ _ _ _ _ _ _ 3,304 8 3 Contributions to Superannuation and Provident Fund - 249 11 9 Estimated proportion of Administration Expenses as above 3,070 8 0 41,093 16 8 TOTAL EXPENDITURE - - - - - - - £243,143 13 6 'urplus transferred to General Purposes Fund - - 54,666 19 2 £297,810 12 8Income.

£ s. d.

Brought forward _ _ . . _ _ 102,690 3 1 0 Sundry Receipts : —• Sale of old Life-boats, Life-boat Carriages, Life-boat Houses, £ s. d.

Condemned Stores, etc. _ - _ _ _ _ ] ,760 5 1 0 Sale of The Life-boat Journal, Advertisements, etc. - - 109 13 9 — 1,809 19 7 Ordinary Income - - - - - - - - 164,560 3 5 Legacies f o r General Purposes _ _ _ _ _ 112,936 1 3 3 Gifts and Legacies for Special Purposes :— Income only available :— £ s. d.

Legacies - - - - - - 1,764 1 6 0 Special Gifts - - - - - 203 5 4 1,968 1 4 Capital available :— Legacies - - _ - - - - 9,547 2 9 Special Gifts - - - - - 20,571 15 7 30,118 18 4 32,086 19 8 TOTAL RECEIPTS - - - - - - - - 309,583 16 4 Less:— Transferred to General Endowment Fund — - - 1,968 1 4 Transferred to Special Purposes and Maintenance Fund 30,118 18 4 32,086 19 8 Total Receipts available for General Purposes - 277,490 16 8 Transferred from Special Purposes and Maintenance Fund for Lifeboats, etc., included in Expenditure, defrayed during the year by Special Legacies and Donations - - - - _ _ - 20,313 10 0 £297,810 12 8 NOTE.—This account comprises the receipts and disbursements of the Headquarters of the Institution for the year to 31st December, 1934, and of the Branches for the year to 30th September, 1934..