London's Pulse: Medical Officer of Health reports 1848-1972
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Hints from the Health Department. Leaflet from the archive of the Society of Medical Officers of Health. Credit: Wellcome Collection, London
Hammersmith 1906
Seventh annual report year ended 31st March 1907
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SCHEDULE No. 4.
| Year ending. | Total Revenue | Total charges including in-terest, repayment, rates, taxes, repairs, &c. | Deficit. | Surplus. |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| March 1898 | 3,491 | 4,190 | 699 | |
| „ 1899 | 9,233 | 7,813 | 1,420 | |
| „ 1900 | 13,730 | I2,123 | 1,615 | |
| „ 1901 | 17,880 | 17,595 | 285 | |
| „ 1902 | 22,147 | 22,0I7 | 130 | |
| „ 1903 | 27,185 | 26,122 | 1,063 | |
| „ 1904 | 32,725 | 30,870 | 1,855 | |
| „ 1905 | 35,769 | 30,486 | 5,283 | |
| „ 1906 | 37,013 | 34,382 | 2,631 | |
| ,, 1907 | 37,302 | 37,288 | 14 | |
| £236,483 | £222,886 | £I3,597 | ||
| Less renewals of Transformers charged against | ||||
| Appropriation of Profit Account | £347 | |||
| Nett surplus earned | £13,250 | |||
That the whole of this surplus is not now available,
some of it having been taken out of the business, does not of
course detract from the ability of the Department to earn same.
Adding this surplus to the repayment set out in Schedule No. 2 gives the following—
| £ | |
|---|---|
| Schedule No. 2 | 39,034 |
| Schedule No. 4 | 13,250 |
| £52,284 | |
| Less payment to Rates | 4,000 |
| Balance | £48,284 |
as the amount allocated to, or available for liquidation of,
Capital expenditure, being 17½ per cent. of the total Capital
expended.
ULTIMATE OBJECT.
What is the ultimate object of the Undertaking? It
is (a) so to arrange the repayment of the loans that they will be
liquidated at the same time that the physical deterioration of
the Plant renders it necessary for it to be replaced and fresh