2. HOME GROWN SUGAR, LIMITED-KELHAM FACTORY. BALANCE SHEET AS AT 31ST MARCH, 1927. Sundry Creditors... Capital Reserve Account 266,740 6 8 42,342 10 2 Less Depreciation ... ... ... 23,379 0 0 Owing to Ministry of Agriculture in respect of Profit 243,361 6 8 Notes ... ... ... ... 39,791 10 3 Income Tax Reserve Account ... ... 17,000 0 0 ... General Reserve Account ... 79,011 13 9 Revenue Account-Balance for Year 3,125 0 0 Kelham Estate-Land, Farm Buildings and Mineral 63986 ... ... Sundry Assets-Stocks, Book Debts, etc. The English Beet Sugar Corporation, Ltd.-Balance of Factory Working Account ... Mortgage Investment-Kelham Cottages, Ltd., £4,450, valued at Newark Farmers, Ltd., 100 £1 Shares, 10s. paid Southwell Farmers' Cheese Factory, Ltd., 50 Shares, £1 each, fully paid ... ... ... Cash at Bankers and in hand-in London and at Kelham ... ... £475,075 16 5 Report of the Auditors to the Shareholders of Home Grown Sugar, Limited : We have audited the above Balance Sheet with the Books and Vouchers of the Company and have obtained all the information and explanations we have required. In our opinion, the above Balance Sheet is properly drawn up so as to exhibit a true and correct view of the Company. state of the Company's affairs, according to the best of our information and the explanations given to us, and as shown by the Books of the PEAT, MARWICK, MITCHELL & Co., Chartered Accountants, Auditors. Bank Loan-Secured by charge on stock of Sugar Sundry Creditors and Outstandings 3. THE ELY BEET SUGAR FACTORY, LIMITED.-ELY FACTORY. BALANCE SHEET AS AT 31ST MARCH, 1927. ... 97,440 0 0 165,000 0 0 ... 49,647 10 9 Income Tax ... ... ... 56,000 0 0 Sundry Debtors and Prepayments Stores, Stocks of Sugar, Pulp, Molasses, etc.... ... ... ... 11,512 19 7 28,268 0 0 ... 387,087 4 6 Cash Deposited with Bankers under Guarantee ... 5,654 18 1 20,000 0 0 We report to the Shareholders that we have examined the above Balance Sheet with the Broks and Vouchers of the Company and, having obtained all the information and explanations we have required, we are of 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 our information and the explanations given to us and as shown by the Books of the Company. 4. THE IPSWICH BEET SUGAR FACTORY, LIMITED-IPSWICH FACTORY. BALANCE SHEET AS AT 31ST MARCH, 1927. ... Share Capital: 400,000 Ordinary Shares of £1 each Issued: 400,000 Ordinary Shares of £1 each fully paid. Debentures: 96 Debentures of £1,000 each at 6 per cent. Interest accrued thereon to date... ... Bank Loan (secured by charge on Current Account Overdrawn Sundry Creditors and Outstandings Income Tax ... ... £ s. d. 400,000 0 0 £ s. d. Land, Buildings, Fixed Plant and Additions this year ... 400,000 0 0 Less Depreciation : To last Account ... 96,000 0 0 Profit and Loss Account this 1,440 0 0 year ... 97,440 0 0 ... ... 43,000 0 0 ... Capital Reserve Sundry Debtors and Prepayments Assets. ... ... 96,112 9 9 100,081 1 3 ... 22,500 0 0 General Reserve ... 68,834 14 7 Profit and Loss Account-Balance as per Account ... We report to the Shareholders that we have examined the above Balance Sheet with the Books and Vouchers of the Company and, having obtained all the information and explanations we have required, we are of opinion that such Balance Sheet is properly drawn up so as to exhibit a by the Books of the Company. true and correct view of the state of the Company's affairs, according to the best of our information and the explanations given to us and as shown 5. THE ANGLO-SCOTTISH BEET SUGAR CORPORATION, LIMITED.-COLWICK AND SPALDING FACTORIES. BALANCE SHEET AS AT 31ST MARCH, 1927. Treasury Mortgage Debenture Stock, Guaranteed by H.M. 5 per cent. First Debenture Stock 370,000 0 0 5 per cent. Second Debenture Stock 240,000 0 £ s. d. 425,000 0 0 £ S. d. 0 610,000 0 0 ... Loan, secured by Deposit of £80,000 Second Mortgage Debenture Stock 80,000 0 0 ... 5 per cent. 12 year Notes (Convertible into Shares upon the terms of the Circular to Shareholders dated 30th August, 1926) Sundry Creditors and Credit Balances Profit and Loss Account ... NOTE.-There is a contingent liability of £9,500 ... ... ... ... 140,000 0 0 ... 63,119 8 1 £1,397,562 12 3 Stocks of Sugar and By-Products at or under Market 21,655 11 4 Auditor's Report. On behalf of the Board, Glasgow, 16th June, 1927.-I have audited the Books and Accounts of the Anglo-Scottish Beet Sugar Corporation, Limited, for the year ending 31st March, 1927, and have obtained all the information and explanations I have required. In my 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 according to the best of my information and the explanations given to me and as shown by the books of the Company. HAROLD J. MACLEISH, Chartered Accountant, Auditor, 6. THE WEST MIDLAND SUGAR COMPANY, LIMITED-KIDDERMINSTER FACTORY BALANCE SHEET AS AT 31ST MARCH, 1927. Materials and Stores at or under Cost ... 272,616 13 3 6,368 8 6 278,985 1 9 15,000 0 0 Stock of Sugar, and By-Products at or under market ... Sundry Debtors and Debit Balances ... 263,985 19 ... On behalf of the Board, Auditors' Report. Kidderminster, 16th June, 1927.-We have audited the Books and Accounts of the West Midland Sugar Company, Limited, for the year ending 31st March, 1927, and have obtained all the information and explanations we have required. 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, according to the best of our information and the explanations given to us and as shown by the books of the Company. JOHNSTONE, DAVIES AND MOULDER, Incorporated Accountants, Auditors, |