GENERAL TREASURER’S ACGOUNT, 
1932-33. 
Tuer General Committee at the York Meeting last year adopted the 
Council’s proposal that the financial year of the Association should 
‘run from April 1 to March 31, instead of from July 1 to June 30 as 
heretofore. The audited accounts herewith, therefore, cover a period 
of nine months only, from July 1, 1932 (the previous accounts having 
been completed to June 30 of that year), to March 31, 1933. The 
usual figures for comparison with the preceding year are omitted 
from these accounts. 
The auditors have furnished the following notes : 
Members’ Subscriptions (Annual) are mainly in respect of ‘sales of tickets 
at the York Meeting, 1932. Preliminary programmes for the ensuing 
meeting are not issued until April; therefore the advance sale of 
tickets does not materially affect the present account. 
Advertisements are chiefly on printed matter for the Meeting (programmes, 
&c.). At the date of the accounts these are not completed. The 
revenue shown in the nine months accounts is, therefore, practically 
nil, 
Dividends credited in the accounts are the actual amounts received, some 
being in respect of six months, some nine months and others twelve 
months. The dividends credited to General Income and Expenditure 
Account are on balance short by {21 os. 6d. In the case of the Caird 
Income and Expenditure Account, the majority of the dividends are 
for twelve months, and on balance there is an actual excess of £46 19s. 4d. 
This, also applies to Down House, where the amount of excess is 
£31 6s. 3d. ; 
Income Tax Recovered credited in accounts is the actual amount received 
and is for twelve months. 
Dividends received Gvoss——During the period certain dividends (on 
Government Stocks) were received gross instead of net, The 
additional amounts included in the accounts, which would in a normal 
way be included in Income Tax Recovered in the following year, 
amount to: 
General Income and Expenditure Account TIZIZ8 6 A 
Caird Income and’Expenditure Account . ry. ABE gato 
Cunningham Bequest. ; ; 5 ? 8 9 9 
Down House Income and Expenditure Account 30 18 9 
Bonus on Conversion of War Stocks credited in the accounts is non- 
recurring. 
Donations to Centenary Fund credited in the accounts, £62 16s. 6d., are 
also non-recurring. 
Yarrow Fund Realisation. The amount credited to Income and Expendi- 
ture Account, £156, is not according to scale. It is normally at the 
rate of approximately £340 p.a. 
General Expenses includes £100 for special accountants’ fees in connection 
with the Centenary Meeting, 1931. 
Grants.—The amount included in the accounts is in respect of grants 
actually paid. The further grants which have been authorised but 
