XVI 
STATEMENT made to the Council by the Chairman 
of the Finance Committee, on presenting the 
Accounts .for the year 1908. 
Mr. Adeane explained briefly the accounts for the year 1908. With regard 
to the Ordinary Income and Expenditure Account, taking the side of expendi- 
ture first, it would be found that, allowing for the credit balances, the expen- 
diture was practically the same in 1907 as in 1908. For the year 1907 the total 
expenditure was 7,867/., and for last year (1908) 7,879/. — only a difference of 12/. 
It would be observed that there was a considerable saving- under the head of 
administration, amounting to 660/. That had been made up largely under the 
following heads There had -keen a saving of interest on the Harewood House 
debenture stock, which in the previous year had amounted to 222/. They had 
paid off the loan used for the purchase of 16 Bedford Square, representing 
a further saving of 1 16/., as compared with last year, and they had not had 
any expenditure with regard to the Council Chamber, which in the year 1907 
cost 364/. On the other hand, there had been an increase of 109/. for printing 
and binding the Text Book, and there had also been last year an increase of 
500/. in the contribution to the Show Account from the Governors’ and 
Members’ subscriptions. 
The income for the year was practically the same as in 1907, with the 
exception of an additional 144/., which was due to an enlarged membership. 
The total income for the year was 8,442/., and the total expenditure 7,879/., 
giving a credit balance of 563/. 
With regard to the balance-sheet, it would be seen that the Society's capital 
at the end of 1907 stood at 22,267/. The total addition to capital during the 
year 190S, after writing off 472/. for depreciations, had amounted to 14,325/., 
which gave a total capital at the end of 1908 of 43,592/. The Reserve Fund at 
the end of 1907 stood at 22,000/. Since then the Council had invested 14,028/., 
and that, with other sums received since, and in addition to the 700/. they were 
asking the Council to invest that day, would bring their total reserve up to 
37,700/. He thought they might congratulate themselves upon the fact that 
this was the largest invested fund the Society had ever possessed. (Hear, hear.) 
FORECAST OF ORDINARY RECEIPTS AND EXPENDITURE FOR 1909. 
(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 1908. Receipts. 
E 4> 
7,487 From Subscriptions for 1909 of Governors and Members 7,480 
148 From Interest on Daily Balances 100 
554 From Interest on Investments 950 
•253 From Sales of Text Book, Pamphlets, &c. (This does not include the sales 
of Journals, which are deductedfrom the cost of production) . . . 250 
8,442 8,780 
Expenditure. 
£ £ 
1,514 Salary of Secretary and Official Staff . 1,586 
40 Pension to Official pensioned in 1888 .40 
757 Rent, Lighting, Cleaning, Wages, &c. (say) . 700 
414 Printing and Stationery 400 
200 Postage, Telegrams, Carriage, &c 200 
416 Miscellaneous 300 
600 Journal 650 
615 Chemical Department - 600 
250 Botanical Department 250 
200 Zoological Department 200 
202 Veterinary Department 200 
171 Examinations for National Diploma (R.A.S.E. Share) 200 
5,379 
5,326 
