V 
STATEMENT  made  to  the  Council  by  the  Chairman 
of  the  Firlance  Committee,  on  presenting  the 
Accounts  for  the  year  1909. 
Mr.  Adeane  explained  that  he  had  to  deal  with  the  accounts  for  the  past 
year.  So  far  as  finances  were  concerned,  the  Society  had  fjot  into  a reg'ular 
stride.  The  figures  under  the  various  heads  differed  little  from  year  to  year, 
and  therefore  he  need  not  detain  the  Council  long. 
The  expenditure  for  the  year  1909  was  8,356Z.,  or  478Z.  more  than  in  the  year 
1908.  There  was  an  increase  of  2.53Z.  under  the  head  of  administration.  This 
was  due  to  the  increase  in  the  salaries  of  the  staff,  to  the  honorarium  to  the 
Secretary,  which  they  had  been  glad  to  vote  last  year,  to  the  professional 
charges,  and  to  the  re-arrangement  of  the  Library.  Under  the  head  of  Journal 
there  was  an  excess  of  expenditure  of  801.  over  what  had  been  allowed  for  1908, 
which  was  largely  due  to  the  considerable  expense  of  including  in  the  Journal 
the  Report  on  the  Competition  for  Plans  of  Farm  Buildings.  Last  year  the 
allowance  for  the  Journal  had  been  raised  to  700Z.,  but  he  was  sorry  to  say  that 
there  had  again  been  an  excess  of  30Z.,  making  on  the  two  Journals,  Volumes 
69  and  70,  an  excess  of  1101.  The  Journal  Committee  was  going  into  the  ques- 
tion very  carefully,  in  the  hope  that  in  the  future  it  would  be  possible  to  keep 
within  the  figure  allotted.  If  their  membership  increased,  the  expenses  of  the 
.Journal  would  increase  also,  on  account  of  the  extra  number  of  copies  that 
would  have  to  be  issued.  The  Trials  of  Hop  Drying  Plants  had  cost  681.  more 
than  was  estimated,  and  in  this  connection  he  would  like,  on  behalf  of  the 
Council,  to  take  the  opportunity  of  thanking  those  gentlemen — without  whose 
assistance  the  Trials  could  not  have  been  held— for  the  immense  amount  of 
trouble  they  had  taken  in  collecting  money  and  for  subscribing  very  generously 
to  the  Fund  themselves.  The  names  of  the  gentlemen  were  Mr.  Cornwallis, 
Mr.  Aveling,  Mr.  Wheeler,  and  Mr.  Plumptre. 
With  regard  to  receipts,  the  income  for  the  year  showed  an  increase  of  .5091. 
Subscriptions  had  increased  by  3201.,  and  investments  showed  an  increase  of 
38.51.  The  total  income  was  8,9511.,  and  the  expenditure  was  8,356,  leaving  the 
Society  a credit  balance  of  5951. 
Very  little  need  be  said  about  the  balance-sheet,  but  that  little  would  be 
satisfactory.  The  capital  of  the  Society  at  the  end  of  1908  was  43,5921.  Last 
year  they  added  to  the  capital  the  sum  of  4,1241.,  making  the  total  capital  at 
the  end  of  1909  47,7161.  The  Reserve  Fund  at  the  end  of  1908  was  36,0291.,  and 
at  the  end  of  1909  it  was  40,4001. 
Forecast  of  Ordinary  Receipts  and  Expenditure  for  1910. 
(Other  than  in  respect  of  the  Show.) 
Prepared  by  direction  of  the  Finance  Committee  on  the  basis  of  the  recommend- 
ations of  September  21, 1905,  made  by  the  Special  Committee. 
Actual 
Figures 
for  1909.  Beceipts. 
£ £ 
7,707  From  Subscriptions  for  1910  of  Governors  and  Members 7,700 
76  From  Interest  on  Daily  Balances 100  • 
939  From  Interest  on  Investments 1,150 
229  From  Sales  of  Text  Book,  Pamphlets,  *0.  (This  does  not  include  the  sales 
of  Journals,  which  are  deducted  from  the  cost  of  production)  . . . 250 
8^^  9^ 
Expenditure. 
S>  £ 
1,587  Salary  of  Secretary  and  Official  Staff . 1,586 
40  Pensions  to  Officials 215 
737  Rent,  Lighting,  Cleaning,  Wages,  &c.  (say) 700 
384  Printing  and  Stationery 400 
190  Postage  and  Telegrams 200 
396  Miscellaneous 400 
730  Journal 710 
615  Chemical  Department 600 
250  Botanical  Department 250 
200  Zoological  Department 200 
202  Veterinary  Department 200 
196  Examinations  for  National  Diplomas  (R.A.S.E.  Share)  .....  200 
5,527  5,661 
