BOARD OF AGRICULTURE FOR SCOTLAND. EAST CRAIGS PLANT REGISTRATION AND SEED TESTING STATION. TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 1927. Notes.-(1) Valuations are on the basis of market prices. (2) The charge for administrative expenses is an estimated figure. (3) The charge for insurance represents an estimated premium to cover losses by fire, and workmen's compensation. (4) The charge for interest has been calculated at Local Loans rate for capital expenditure, and at Bank rate for working expenses in accordance with Treasury instructions. To Rates and taxes ESTATE PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 1927. 5 19 6 ་་ Interest received on sale price of portion of farm Balance-Loss, carried to Balance Sheet Proportion of expenditure on buildings, etc., written off 31 March 1927 £1,597 7 7 BOARD OF AGRICULTURE FOR SCOTLAND. EAST CRAIGS PLANT REGISTRATION AND SEED TESTING STATION. £ 8. d. 23,139 £ 8. d. £ 3 2 Purchase price of estate 7,140 23 Less sum received for portion of farm sold 6,340 18 17,667 13 9 ... Proportion of rates and taxes paid in advance Sundry debtors (Rent receivable) Loss for year 1926 Add Loss brought forward at 31 March 1926 11000 £27,842 16 3 2,625 14 5 £27,842 16 3 Notes.-(1) Interest on Exchequer advances for capital expenditure and working expenses has been calculated at Local Loans rate and Bank rate respectively in accordance with Treasury instructions. (2) The charge for depreciation is at the rate of 14 per cent on the cost of new buildings to 31 March, 1926. (3) The charge for insurance represents an estimated premium to cover loss of buildings by fire. 21 December 1927. Robert Greig. Accounting Officer. I have I have examined the above Accounts and Balance Sheets in accordance with the provisions of the Exchequer and Audit Departments Act, 1921. obtained all the information and explanations that I have required, and I certify, as the result of my audit, that in my opinion these Accounts and Balance Sheets are properly drawn up so as to exhibit a true and correct view of the transactions and state of affairs of the undertaking. BOARD OF AGRICULTURE FOR SCOTLAND. KNOCKNAGAEL, BEECHWOOD, AND FAILLIE MAINS STUD FARMS. TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED WHITSUNDAY 1927. ,, Seeds, fertilisers, feeding stuffs, etc. ,, Implements and equipment (including repairs) Fixtures and fittings 1926 crop Miscellaneous ... Wages and allowances Rent, rates and taxes ... Administrative expenses Interest on capital 4 9,521 2 9 15,158 3 1 (4) ... 264 14 1,061 13 1 264 14 1,061 13 1 --Profit on tup (5) Highland Pony Scheme-Keep of stallions Balance, Loss, carried to Balance Sheet 1,470 713 11 11 £5,044 9 6 9,400 1 8 15,158 1 £5,637 |