Glasgow, 18th August, 1927.-We beg to report that we have examined the Books and Accounts of The Orchard Sugar Company, Limited, for the year to 31st March, 1927, and that we have obtained all the information and explanations required by us. Subject to the remarks (1) that no depreciation has yet been written off, and (2) that no provision has yet been made for Directors' remuneration, we certify that, in our opinion, the above Balance Sheet is properly drawn up so as to exhibit a true and correct view of the state of the Company's affairs as at 31st March, 1927, according to the best of our information and the explanations given to us, and as shown by the books of the Company. BROWN, FLEMING AND MURRAY, Chartered Accountants, Auditors. 34 14 5 22,465 16 0 Sundry Creditors and Credit Balances ... 243 4 0 7,008 3 6 Note: In respect of sums amounting to £3,461 included herein there fall to be allotted :£3,461 5 per cent. Mortgage Debenture Stock. 27,688 Premium Shares of 2s. 6d. each. £320,380 12 11 AND BOARD OF AGRICULTURE FOR SCOTLAND. BRITISH SUGAR (SUBSIDY) ACT, 1925. STATEMENTS, in the form of balance sheets, transmitted to the MINISTER OF AGRICULTURE AND FISHERIES and the BOARD OF AGRICULTURE FOR SCOTLAND by companies which manufactured, in Great Britain, in 1925-26, sugar and/or molasses from home-grown beet. SECTION II.-REFINERIES. (This section includes one beet sugar factory the balance sheet (Presented pursuant to Act 15 Geo. V. c. 12. s. 2 (4).) Ordered, by the House of Commons, to be printed, LONDON: PRINTED AND 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 1d. net. BRITISH SUGAR (SUBSIDY) ACT, 1925 (15 GEO. 5. CH. 12), SECTION 2. STATEMENTS, in the form of balance sheets transmitted to the MINISTER OF AGRICULTURE AND FISHERIES by companies which manufactured in Great Britain in 1925-26, sugar and/or molasses from home-grown beet. SECTION II.-REFINERIES. Note.-The balance sheet of the British Sugar Manufacturers Ltd. (Wissington Factory) is included in this Statement as, owing to the reconstruction of the Company, the balance sheet was not available for inclusion in Section I. (No. 133/1926.) £ 8. d. 1,505,145 9 3 £ s. d. ... ... Freehold Land and Buildings as at 30th September, 1925 Additions during the year at cost ... Plant and Machinery, Utensils, Furniture and Fittings, as at 30th September, 1925 ... ... Additions during the year at cost ... 5,625 0 0 £1,100,000 in 64% Cumulative Preference Shares. £3,400,000 in Ordinary Shares. Issued and fully paid : 1,100,000 64% Cumulative Preference Shares of ... 44% First Mortgage Irredeemable Debenture Stock Stock of Sugar, both Raw and Refined, and Syrup, Bank Loans (secured as to excess over £2,000,000 by deposit of certain investments) Profit and Loss Account, as above £9,397,721 5 8 2,856,556 4 5 2,040,687 18 4 ... ... 35,750 0 0 Report of the Auditors to the Shareholders of Tate & Lyle, Limited. We beg to report that we have audited the Balance Sheet of Tate & Lyle, Limited, of the 30th day of September, 1926, as above set forth, and We have obtained all the information and explanations we have required, which have been promptly and satisfactorily given, and we are of We have accepted the Stocks on hand at the value certified by the Directors in the Stock Books. London, 25th November, 1926. 2.-THE SANKEY SUGAR COMPANY, LIMITED. (Incorporated 4th September, 1925.) EDMUND D. WHITE & SONS, Chartered Accountants. 250,002 Ordinary Shares of £1 each fully paid... 250,002 0 0 Sundry Creditors and Outstandings ... ... Assets. ... ... ... Land, Buildings, Fixed Plant and Machinery, Railway ... ... ... Profit and Loss Account : Balance as per Account I report to the Shareholders that I have examined the above Balance Sheet with the Books and Vouchers of the Company, and having obtained all the information and explanations I have required, I am of the opinion that such Balance Sheet is properly drawn up so as to exhibit a true and correct view of the state of the Company's affairs, according to the best of my information and the explanations given to me and as shown by the Books of the Company. |