Parliamentary Papers

MOA

DIEU

DROIT

Army (Territorial Army, Finances)

Statement Showing the

Financial Position of Territorial Army County Associations on 31st March 1927

Presented by the Secretary of State for War to Parliament
by Command of His Majesty

London:

Published by His Majesty's Stationery Office.

To be purchased directly from H.M. STATIONERY OFFICE at the following addresses:
Adastral House, Kingsway, London, W.C.2; 120, George Street, Edinburgh;
York Street, Manchester; 1, St. Andrew's Crescent, Cardiff;

15, Donegall Square West, Belfast;

or through any Bookseller.

1927.

Price 3d. Net.

Cmd. 2997.

Statement Showing the Financial Position of County

Associations on 31st March, 1927.

EXPLANATIONS.

The figures in this return are taken from the Financial Statements rendered by County Associations for the financial year 1926, and include those relating to that portion of the Supplementary Reserve now administered by County Associations.

The surpluses and deficits in columns 3 and 4 of the Statement are those shown by the balance sheets as at 31st March, 1927, after providing the reserves shown in columns 5 and 6. The figures in column 5 show, not the sums actually invested or set aside for clothing and accoutrements reserve, but the amounts which in the opinion of the Associations and their auditors ought to be held at that date towards future renewals of clothing and accoutrements. The figures in column 6 are the unexpended balances of the grants for the repair and maintenance of buildings available to meet future expenditure under this head. Columns 8, 11, 13, 15, 17 and 18 show the gains and losses on the several grants for the year 1926.

Column 9 shows the gain or loss upon horses owned by certain Associations after allowing for depreciation of stock and maintenance expenditure on the one hand, and for the "earnings" of the horses at drills and at camps on the other hand.

REMARKS.

The financial statements due on 1st July were rendered promptly by a large proportion of County Associations, and, with two exceptions, were all rendered by the end of September.

The general results may be stated broadly as follows:

After providing for the required reserves for clothing and accoutrements and for maintenance of buildings, amounting in all to £565,000 (an increase of £20,000 as compared with 1925), 77 Associations had surplus funds to a total of £364,000 while 8 (as compared with 7 in 1925) Associations had deficits to a total of £4,500 (£4,500 in 1925), leaving a net surplus of £359,000 (£392,000 in 1925). There was a deficit of £82,000 on the Establishment Grant, compared with £90,000 for 1925, which was again largely met from the General Purposes Grant and savings on other grants; i.e., funds available for discretionary expenditure have generally been devoted by Associations to services such as recruiting, bands, prizes, furniture and other improvements at drill halls, which are charged in the accounts under the Establishment Grant.

The grants for travelling to drills and musketry and for hire of horses showed excesses of income over expenditure of £5,000 and £19,000 respectively. Those for travelling to annual training showed an excess over expenditure of £8,000, compared with £17,800 a year ago, and those for maintenance of buildings showed a deficit of £3,500. The large saving on the grant for horses was mainly due to under-expenditure of the amounts provided for the hire of horses for drill purposes outside the annual training period.

Forty-two Associations were returned as owning horses, with a total profit (as compared with hiring) of £5,000.

The reduction in the net surplus for 1926, as compared with the figure for the previous year, is explained partly by the fact that during 1926 a sum of £18,000 was contributed by Associations from their surplus funds to the National Exchequer, partly by a reduction in the clothing grant enforced as a special measure in 1926, and partly because the emergency increased in some respects the cost of administration and necessitated the cancellation of a large number of camps, the loss of grants for which deprived Associations of a normal source of considerable profit.

(B25/2914)

(N.C.Os. and men).

Establishment

Approximate

STATEMENT SHOWING THE FINANCIAL POSITION OF COUNTY ASSOCIATIONS ON 31ST MARCH, 1927.

Compiled from the Returns (Army Form N. 1524) rendered by Associations.

previous column.

Columns 7, 10, 12, 14 and 16 show Income, and Columns 8, 11, 13, 15 and 17 the Gain or Loss during the year in comparison with Income in the The figures in italics in columns 3 to 18 show the corresponding position on 31st March, 1926, and are inserted for purposes of comparison.

Surplus or Deficit as shown by Balance Sheet at 31.3.27.

Reserve

Fund for Clothing

Reserve for Maintenance of Buildings (included in Balance Sheet, 31.3.27).

(included in Balance Sheet, 31.3.27).

and Accoutrements

Analysis of Income and Expenditure on Services other than Clothing and Equipment.

Horses.

Travelling.