Expenditure.

s. d.

s. d.

2,965 13 - 37,538 11 3 19,475 17 5 23,603 18 4 13,781 11 9 52,420 6 8 266,261 18 4 Life-boats :— 66,625 18 10 710 4 _' 31,074 8 9 401 14 1 New Life-boats for the following stations :—On account—• Appledore, Arklow, Barry Dock, Blackpool, Boulmer, Clpughey, Cullercoats, Eyemouth, Fraserburgh, Howth, Kihnore, Kingstown, -Newbiggin, Peel (I. of M.), Poolbeg, Poole, Port Patrick, St. Abbs, St. Helier, Salcombe, Seaham, Selsey, Tobermory, Whitby, Wick, Yarmouth (I. ofW.) - Provision and Upkeep of Cowes Office and Store - - Alterations and Repairs to Life-boats - - - - Consulting Naval Architect — ' - - - - - 12,624 9 5 4,421 - - 459 17 _ 158 7 10 Salaries of Superintendent Engineer, Surveyors, Assistant Surveyors of Life-boats and Machinery, Draughtsmen, and Clerical Staff _______ Travelling Expenses _______ Pensions under the Pension Scheme — — — — -116,475 19 11 Contributions to Superannuation and Provident Fund - Life-boat Carriages and Tractors :— 271 11 11 350 16 9 794 13 9 334 14 10 732 - - 463 10 9 18 5 _ New Carriages ________ Alterations and Repairs to Life-boat Carriages - — New Tractors -- - - - Repairs to Tractors _______ Salaries of Assistant Surveyor of Carriages, and Tractor Engineer --_-__--- Travelling Expenses - . - _ - - - - Contributions to Superannuation and Provident Fund - Life-boathouses and Slipways :—• New Construction and Adaptation _____ 29,544 3 3 Repairs and Maintenance ______ 7,994 8 - Life-boat Stores - Life-boat Storeyard at Poplar, including Taxes, Insurance - 3,013 7 6 and and Repairs __-_-__ Salaries of Superintendent of Stores, Storekeeper 20,098 281 52 159 7 4 1 _ 2 6 Clerical Staff and Wages of Manual Workers - - - Pensions under the Pension Scheme - - - - Contributions to Superannuation and Provident Fund — Storeyard Extension Work -__-__ 13,435 16 345 15 Payments in connexion with Life-boat Stations, such as Repainting and other Small Repairs to Life-boats, Life- boat Carriages, and Life-boathouses, done locally; Conveyance of Boats, Carriages and Stores ; Postages, etc.

Salaries of Assistant Secretaries, etc., of Stations - - Wages, Rewards and other payments to Coxswains, Motor Mechanics and Crews :— 9 10 6,747 617 33,129 6,215 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 - - 3,565 12 6 n - 1,538 6 6 608 2 - Pensions and Retiring Allowances to Coxswains, Bowmen and Signalmen — — — — — — Pensions and Grants to Relatives of deceased Life-boatmen and others — — — — — — Pensions under the Pension Scheme to Ex-permanent Crews of old Steam Life-boats, etc. - Carried forward Income.

Subscriptions, Donations, etc. :—• £ s. d.

General Subscriptions to Headquarters - - - - 6,366 10 11 „ „ through Station Branches - - 6,752 15 - ,, „ through Financial Branches - 19,075 8 10 „ Donations to Headquarters - - - - 11,246 18 10 „ „ through Station Branches - - 20,236 6 1 „ ,, through Financial Branches - 52,136 9 1 Contributions from Harbour Authorities towards upkeep of Life-boat Stations _ _ _ _ _ 1,835 16 11 (Station Branches) - (Financial Branches) Contribution Boxes (Headquarters)- - - 200 - 2 - 6,403 12 8 969 13 5Life-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, St. Davids, Southend-on-Sea, Walmer and Whitehills ______ 1,307 18 Bevan Reward Fund (per the Charity Commissioners) - 208 5 1,510 3 0 Income from Investments :— Dividends and Interest on Investments Less Income Tax deducted - - 46,774 16 9 - 6,713 17 11 40,060 18 10 Special Purposes Trust Fund Income £ s. d.

Account ______ 1,646 2 - Less Transfer to Special Purposes and Maintenance Fund - - - -151 29 1,494 19 3 Less Transfers to General Subscriptions, Station Branch Contributions, and Financial Branch Contributions - - 465 1 4 Income Tax recovered — 1,029 17 11 6,226 5 9 47,317 ' 2 6 Carried forward 174,056 17 11 Expenditure.

£ s. d. £ s. d.

Brought forward _____ 266,201 18 4 Life-boat Inspectors :— Salaries of Chief Inspector, Deputy Chief Inspector, In- spectors of Life-boats and Clerical Staff - 8,169 811 Travelling Expenses ------- 2,472 8 4 Pensions under the Pension Scheme - - — — 749 17 — Contributions to Superannuation and Provident Fund — 105 15 7 11,497 9 10 Administration :— One half of Salaries of Secretary, Deputy Secretary, Assistant Secretary, Principal Clerk, Accountant and Clerical Staff -------- 4,707 19 6 Rent, Leasehold Depreciation, Rates, Taxes, £ s. d.

Lighting, Heating, Insurance, etc. - - 2,029 7 3 Insurance under Workmen's Compensation, National Health and Unemployment In- surance Acts — — - — — 925 3 7 Commissionaires and Watchmen - - - 530 9 2 Telephones, Postages and Parcels - - 1,077 - 1 Pensions under the Pension Scheme — — 1,573 2 — Travelling and other Expenses of Chairman and Committee of Management — — 706 1 9 Contributions to Superannuation and Provident Fund - - - - - - -124 8 - 6,965 11 10 Less estimated amount chargeable to raising of funds and publicity - 3,482 15 11 3,482 15 11 Stationery, Office Expenses, Printing, Books, Circulars, Forms, etc. ________ 1,374 14 2 Auditors' Fee ________ 315 _ _ Law Expenses - _ _ _ - . - - - 423 6 3 Repairs and Improvements to the House of the Institution - 25518 9 10,559 14 7 Expenses re the Estate of the late Mrs. F. McLorg — — 50 — _ „ Mr. J. W. Rider _ 141-4 Expenses connected with raising of funds and publicity :— One half of Salaries of Secretary, Deputy Secretary, • Assistant Secretary, Principal Clerk, Accountant and Clerical Staff (as above), and Salary of Publicity Secretary, etc. ___-___- 5,652 19 6 Salaries of District Organizing Secretaries and Clerical Staff _________ 8,418 43 Travelling Expenses of District Organizing Secretaries — 2,197 8 6 Annual General Meeting ______ 79 78 Advertising and Appeals ______ 8,741 9 8 Stationery, Printing, Books, Circulars, Forms, Badges, Collecting Boxes, Postages, etc. ----- 11,685 1 2 Printing and Binding the Annual Report and The Life-boat Journal --------- 1,807 7 5 Pensions under the Pension Scheme - — — — 328 10 0 Salaries and Commissions of Assistant Secretaries, etc., of Branches ________ 4,276 13 4 Contributions to Superannuation and Provident Fund — 164 13 2 Estimated proportion of Administration Expenses as above 3,482 15 11 46,834 10 7 TOTAL EXPENDITURE ________ £335,344 13 8Brought forward Income.

£ s. d.

174,056 IT 11 Sundry Receipts :— Sale of old Life-boats, Life-boat Carriages and Tractor, Life-boathouse, Condemned Stores, etc. — — — Sale of The Life-boat Journal, Advertisements, etc. — Rentals of Freehold and Leasehold Premises less Rates, Repairs, etc. ___--__ — Ordinary Income - - - . - - - - - Legacies for General Purposes — - — - - Gifts and Legacies for Special Purposes :— Income only available :— £ s. d.

Legacies ------ 3,557 14 3 Special Gifts - - - - - 10 - - Capital available :— Legacies ------ 10,902 13 8 Special Gifts - - - - - - 24,879 19 4 £ s. d.

2,038 17 10 80 4 6 944 16 10 3,063 19 2 177,120 17 1 91,543 7 - 3,567 14 3 35,782 13 - 39,350 7 3 308,014 11 4 TOTAL RECEIPTS - Deduct :— Transfer.to General Endowment Fund - 3,507 14 3 Transfer to Special Purposes and Maintenance Fund - 35,782 13 - 39,350 7 3 Total Receipts available for General Purposes - 203,664 4 1 Acd :— Transfer from Special Purposes and Maintenance Fund for Life-boats, etc., included in Expenditure, defrayed during the year by Special Legacies and Donations ------- 24,900 3 5 Balance charged to General Purposes Fund 41,780 6 2 £335,344 13 8 NOTE.—This account comprises the receipts and disbursements of the Headquarters of the Institution for the year to 31st December, 1937, and of the Branches for the year to 30th September, 1937..