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11
REPORT OF THE ACCOUNTANT.
Gentlemen,
In submitting to the Vestry a brief report of the Financial
position of the Parish, with a copy statement of the Receipts and
Expenditure of the Vestry, in respect to the execution of the
"Metropolis Local Management Act," during the year ending on the
25th day of March last, as approved and certified by the auditors, I
would beg to draw attention to the noticeable fact of a decrease in the
expenditure in the vestry account of £4,470 14s. 9d., as compared with
the previous year; the amount for the year 1869 being £55,515 13s. 9d.,
and for the year ending 1870, £51,044 19s. 0d.; likewise to a reduction
of the rates in arrear at the same period, there being due
on the 25th March, 1869, £49,102 1s. 8d., and the 25th March, 1870,
£45,027 7s. 11½d., shewing a reduction of £4074 13 8½d., in which
lesser amount is included, the sum of £7,572 18s. 4d., due from the
London and North Western Railway Company, at present pending
an appeal. It will be further seen that the gross Parochial Receipts
and Expenditure from all sources were as follows:—receipts from the
Poor Rate £73,029 7s. 9d.; against an expenditure of £73,169 10s. 2d.
(in which is included an overdrawn balance due to the Treasurer of
£10,983 0s. 8d.), leaving a balance due to the Treasurer of £70 2s. 5d.;
the Vestry Account shews receipts, £59,908 2s. 3d., with an expenditure
of £51,044 19s., and a balance in favour of the Parish of
£8,863 3s. 3d. The rateable value of the parish has also increased
£1,263, being at Lady-day, 1869, £388,794 as compared with £390,057
at Lady-day, 1870. The further classified statements appended, to which
I beg to refer, give a clear and comprehensive view of the monetary
position and transactions of the Vestry.
I am,
Gentlemen,
Your most obedient Servant,
W. E. COLE,
Offices:—Town Hall. Accountant to the Vestry.
Old Street Road.
June, 1870.