Expenditure.

Life-boats:— £ s. d.

New Life-boats for the following stations:—On account— Aberdeen, Appledore, Arklow, Barmouth, Barry Dock, Bembridge, Cadgwith, Caister, Cloughey, Dun Laoghaire, Dunmore East, Falmouth, Filey, Fleetwood, Gorleston, Hartlepool, Lowestoft, Minehead, Montrose (2), Newbiggin, New Brighton, Peel (I. of M.), Peterhead, Poolbeg, Poole, Port Erin, Porthoustock, Rhyl, Rosslare Harbour, St. Helier, Salcombe, Selsey, Tobermory, Tynemouth, Whitby, Wick, Yarmouth (I. of W.), Unallocated (2) - 104,161 - !) Upkeep of Cowes Office and Store - - - - - 177 17 - Alterations and Repairs to Life-boats - 36,417 6 5 Consulting Naval Architect - - - - - - 404 14 10 Salaries of Superintendent Engineer, Surveyors, Assistant Surveyors of Life-boats and Machinery, Draughtsmen, a n d Clerical Staff _ _ _ - - - Travelling Expenses - - - - - - Pensions and Gratuity under the Pension Scheme Contributions to 1938 Pension Scheme - Life-boat Carriages and Tractors:— N e w Carriages _ _ _ _ - _ - Alterations and Repairs to Life-boat Carriages N e w Tractors _ _ _ _ - - - Repairs t o Tractors _ _ _ - _ - Salaries of Assistant Surveyor of Carriages, and Tractor Engineer - - - - - - - - Travelling Expenses _ _ — — _ - Contributions to 1938 Pension Scheme - - - Life-boat Houses and Slipways:— New Construction and Adaptation - Repairs and Maintenance - - Gratuities under the Pension Scheme Life-boat Stores - - - - - - - Life-boat Storeyard at Poplar, including Taxes, Insurance and Repairs - - - - - - - - 2,878 14 8 Salaries of Superintendent of Stores, Storekeeper and Clerical Staff and Wages of Manual Workers - - 21,649 12 8 Pensions under the Pension Scheme - - - - 281 - - Contributions to 1938 Pension Scheme - 312 4 11 Storeyard Extension Work - - - - - - 285 5 11 Life-boat Depot at Elstree, excluding Freehold Site Payments in connexion with Life-boat Stations, such as Repainting and other Small Repairs to Life-boats, Lifeboat Carriages, and Life-boat Houses, done locally; Conveyance of Boats, Carriages and Stores; Postages, etc. 13,321 9 2 Salaries of Assistant Secretaries, etc., of Stations - - 367 13 - s. d.

_ _ -_ - _ }r __ _ — - 13,167 - 4,423 6 829 8 1,075 10 397 1C 317 18 5,787 10 351 13 776 - 469 11 119 3 22,948 15 7,147 11 750 - 4 6 1 — 160 656 3 4 10 _ 6 6 8 219 8 2 - 30 846 20,021 3 11 i 13 5 6 10 18 10 25,406 18 2,005 18 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 - - - - - - - 8,107 6 10 Grants to men injured in the Life-boat service - - - 572 12 - Fees of Coxswains, Bowmen and Signalmen, Wages of Motor Mechanics, etc. _ _ _ _ _ _ 35,266 1 9 8 Payments to Life-boat Crews and Launchers for exercises - 6,486 17 1 Pensions and Retiring Allowances to Coxswains, Bowmen and Signalmen - - - - - - - - 3,577 16 4 Pensions and Grants to Relatives of deceased Life-boatmen and others - - - - - - - - 1,631 8 6 Pensions and Gratuity under the Pension Scheme to Expermanent Crews of old Steam Life-boats, etc. - - 735 9 3 13,689 2 2 Carried forward 56,378 9 8 317,224 11 3Income.

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 of Life-boat Stations — — — — — _ _ Contribution Boxes (Headquarters) - - „ ,, (Station Branches) — - - — „ „ (Financial Branches) - - - s. d. d.

4 9 6,212 7,146 17,704 7,777 20,409 18 56,173 8 7 11 2 3 2,084 19 175 5 7,652 14 1,069 4 Life-boat Funds:— Civil Service Life-boat Fund (per C. H. Barrett, Esq.) in respect of the following Life-boat Establishments— Donaghadee, Margate, St. Davids, Southend-on-Sea, Walmer a n d Whitehills _ _ - - _ _ 1,373 1 3 Bevan Reward Fund (per the Charity Commissioners) - 208 5 Income from Investments:— Dividends and Interest on Investments - Less Income Tax deducted Special Purposes Trust Fund Income £ s. d.

Account - - - - - - 1,740 2 4 Less Transfer to Special Purposes and Maintenance Fund - 260 8 3 1,479 14 1 Less Transfers to General Subscriptions, Station Branch Contributions, and Financial Branch Contributions - Income Tax recovered - - - - Carried forward 477 4 6 -126,405 12 5 1,581 18 9 - 40,571 15 4 - 6,740 3 3 33,831 12 I — 1,002 9 7 - 7,317 19 6 42,152 I 2 170,139 12 Expenditure.

Brought forward - Life- boat Inspectors: — - Salaries of Chief Inspector, Deputy Chief Inspector, Inspectors of Life-boats and Clerical Staff _ Travelling Expenses _ _ _ _ _ _ _ Pensions under the Pension Scheme — - - - Contributions to 1938 Pension Scheme - - - - Administration:— One half of Salaries of Secretary, Deputy Secretary, Assistant Secretary, Principal Clerk, Accountant and Clerical Staff - - - - _ _ _ _ Rent, Leasehold Depreciation, Rates, Taxes, £ s. d.

Lighting, Heating, Insurance, etc. - 2,137 911 Insurance under Workmen's Compensation, National Health and Unemployment Insurance Acts - - - - - 961 _ _ Commissionaires and Watchman - _ 518 12 6 Telephones, Postages and Parcels - - 1,164 3 3 Pensions under the Pension Scheme - 1,573 2 - Travelling and other Expenses of Chairman and Committee of Management - - 736 5 5 Contributions to 1938 Pension Scheme _ 699 17 6 7,790 10 7 Less estimated amount chargeable to raising of funds and publicity - - - 3,895 5 4 Stationery, Office Expenses, Printing, Books, Circulars, Forms, etc. _ _ _ _ _ _ _ _ Auditors' F e e _ _ _ _ _ _ _ _ L a w Expenses _ _ _ _ _ _ _ _ Repairs and improvements to the House of the Institution - Grants in connexion with Legacies received by the Institution _ _ _ _ _ _ _ _ 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. _ - - _ _ - _ _ - Salaries of District Organizing Secretaries and Clerical Staff - - _ _ _ Travelling expenses of District Organizing Secretaries - Annual General Meeting _ _ _ _ _ _ Advertising a n d Appeals _ _ _ _ _ _ Stationery, Printing, Books, Circulars, Forms, Badges, Collecting Boxes, Postages, etc. - - - - _ Printing and Binding the Annual Report and The Life-boat Journal — — - _ _ _ _ _ — Pensions under the Pension Scheme - - _ _ _ Salaries and Commissions of Assistant Secretaries, etc., of Branches — — — - _ — _ _ _ Contributions to 1938 Pension Scheme - Estimated proportion of Administration Expenses as above TOTAL EXPENDITURE _ _ _ _ _ _ £ s. d. £ s.

317,224 11 8,431 5 2 2,366 17 _ 749 17 - 738 9 5 4,815 12 10 3,895 5 3 1,566 2 2 315 - - 662 5 5 194 9 2 476 14 5,835 12 11 8,725 11 10 2,326 19 9 193 13 10 9,678 5 2 11,409 13 8 2,257 5 6 328 10 - 3,856 11 9 982 4 10 3,895 5 4 - £390,926 3 d.

3 7 10 3 6Income.

Brought forward Ordinary Income - Legacies for General Purposes - Gifts and Legacies for Special Purposes:- Income only available:— Legacies - - - - Special Gifts - - - - - Capital available:— Legacies - - - - - Special Gifts - - - - - £ s. d.

471 - 4 281 5 - 48,414 8 8 32,923 10 4 TOTAL RECEIPTS - Deduct:— Transfer to General Endowment Fund Total Receipts available for General Purposes - Add:— Transfer from Special Purposes and Maintenance Fund for Lifeboats, etc., included in Expenditure, defrayed during the year by Special Legacies and Donations - Balance charged to General Purposes Fund - - - - £ s. d.

170,139 12 4 Sundry Receipts:— Sale of old Life-boats, Life-boat Carriages, Life-boat House, £ s. d.

Condemned Stores, etc. - - - - - - 3,492 - 6 Sale of The Life-boat Journal, Advertisements, etc. - - 32 17 7 Rentals of Freehold and Leasehold Premises less Rates, Repairs, etc. - - - - - - - - 266 17 5 3,791 15 6 173,931 7 10 93,860 16 - 752 5 4 81,337 19 - 82,090 4 4 349,882 8 2 752 5 4 Transfer to Special Purposes and Maintenance Fund — 81,337 19 — 82,090 4 4 267,792 3 10 46,290 15 5 76,843 4 3 £390,926 3 6 NOTE.—This account comprises the receipts and disbursements of the Headquarters of the Institution for the year to 31st December, 1938, and of the Branches for the year to 30th September, 1938..