B—l [Pt. IV]

Balance-sheet as at 31st March, 1947 Liabilities . £ Assets £ Creditors .. .. . . .. .. .. 8,083 Cash in bank .. .. .. .. .. 49,942 Deposit Account .. .. .. .. .. .. 93 Cash on deposit •• •• •• •• •• 93 Revenue received in advance . . .. .. .. 1,099 £ Provision for taxation .. .. .. .. .. 55,600 Debtors and prepayments .. .. .. 39,711 Writings-off provision .. .. \ .. .. .. 366 Less provision for bad debts ... .. .. 463 Appropriation Account .. .. .. .. .. 167,148 39,248 Investments .. .. .. .. .. .. 120,000 Land and buildings .. .. .. .. .. 3,685 Machinery and plant .. .. .. .. .. 2,872 Office and studio equipment .. .. .. .. 16,183 Assets in Suspense .. .. .. .. .. - ■ 366 £232,389 £232,389 James Shelley, Director of Broadcasting. W. J. Crowther, Accountant. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.— J. P. Rutherford, Controller and Auditor-General.

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