Subsidiary Account No. 6. CRICKLEWOOD PRESS. TRADING ACCOUNT FOR THE YEAR ENDED 31st MARCH, 1925. PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31st MARCH, 1925. Depreciation charged at 10 per cent. on diminishing values. Stock on hand valued at market price. Prince's Street Work in progress, 31st March, 1925.. 2,015 6 5 14 18 11 281 4 96 14 10 2,217 12 603 13 4 361 3 9 706 4 11 £17,635 17 11 19th November, 1925. W. R. Codling, I have examined the above Subsidiary Accounts and Balance Sheets (Nos. 1 to 6) in accordance with the provisions of the Exchequer and Audit Departments Act, 1921. I have obtained all the information and explanations that I have required and, subject to the observations in my Report, 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 undertakings. Malcolm G. Ramsay, Comptroller and Auditor-General. NOTE.-The Committee have not had an opportunity of examining closely these figures. APPENDIX VI. POST OFFICE SAVINGS BANK-PRINTING BRANCH. Revenue Account for the Year ended 31st March, 1924. Interest on Capital is calculated at 3 per cent. on Capital Expenditure up to 31st March, 1912, and at the average Bank Rate appropriate Depreciation is calculated on the straight line method, and is based on the estimated life of the various classes of machinery and plant. All normal debits, excluding a charge for fire insurance, are shown in the account. The Credits consist of the value of the work produced based upon prices fixed by the Stationery Office, and the actual sums realised from the sale of old materials and waste paper. |