2. Finances. — a. Income and Expenditure. 



The income of the Society during the year 1840, 

 amounted to £12,732 1*. 5d., and the expenditure to 

 £11,838 \s. llfZ., being a surplus of £893 \s. \\d. in 

 favour of the income. This sum, together with £l 75 5s. Qd.y 

 the excess of the cash balance in the banker's hands on 

 the 31st December, 1839, over that which remained at 

 the corresponding period of 1840, together amounting to 

 £1068 7*' 5(/., was invested shortly after the last Anni- 

 versary Meeting in the Reduced 3 per cent. Consols. As 

 regards the gross amount of the receipts in 1840, it will 

 be observed, that it falls short of that of the previous year 

 by the sum of £699 10s. \0d. ; but it is at least gratifying 

 to know that the greater portion of this deficit arises from 

 Garden Admissions, the amount of which must neces- 

 sarily fluctuate with the season. This therefore is but a 

 casual deficit, and it is more than compensated by the in- 

 crease of £129 which has taken place in the Annual Sub- 

 scriptions, the most permanent and important branch of 

 the Society's income. But whilst this decrease has taken 

 place in the income of the Society, it has been met by a 

 corresponding decrease in the expenditure to the amount 

 of £1798 14a'. It is true, indeed, that this is partly owing 

 to the fact of no great buildings having been undertaken 

 during the past year ; but on the other hand it will be ob- 

 served, that there are very few items of expenditure in 

 which a reduction to a greater or less extent has not taken 

 place as compared with the year 1839; and the amount 

 would have been still larger but for the excess of 

 £584 2s. 8d. under the head of Works, &c., which may 

 be fairly balanced against the Buildings of the previous 

 year. 



b. Assets and Liabilities. 



The Assets of the Society on the 31st of December, 

 1840, exceeded those at the corresponding period of 1839, 

 by the sum of £991 7** ^d., whilst the Liabilities were 



