Ald Association have submitted the accounts of the association for the twelve months ended July 31," 1030.
As this is only the second year of association's existence and many Activities were not getting Into. full swing until towards the close of the first year it ts not possible to make useful working comparisons of the different forms of activity with Fast year's accounts with any mensure of completeness, it is stated, The income from members, $170,- 18250, remains about the" same, Special contributions, $2,178, compare with $4050 last year." These payments are made by owners who have incurred a sentence of suspension for breach of licence conditions and who are allowed by the Rickshaw Board fo make a payment on an agreed scale to the PXEA.A. in Hew there Voluntary subscriptions total. $58. against $04.80 Inst year. Bank interest. received is $4,716.67, compared with $2,652.48 in the previous year, Dormitory rentals are hardly comparable. a the dormitory only functioned for about half the period inthe frst year, Expenditure (outside of Meence foes) totals $140,113.15 aguinst $35:241 last year but Meonce fees paid only amount to $16,48020 against $97,007 year. 'The first year pald for the original Heonsing of all' pullers, whereas the second year only had to meet. supplementary" licensing plus cost of renewals of existing leone No more original licences wilt be pald for by the association as the equity of this being a proper charge against existing members no longer obtains.
Expenditure on clinics totals $4 905.89, relief $23,682.92 and education $1248529, "The "relict" Item covers all payments on account of pullers! deaths up to April 30, since when the insurance fund has been function ing, This latter fund was Inavgurated on May 1, $10,000 being pald ut of General Account to its credit and a balance of $7,189.88 remaining as at July 31.
There is a balance carried forward from the Profit and Loss Account of $1483935 but as in the Balance Sheet $2000 for Insurance. Fund Centri-Dutions Teserve and $10,000" for Pullers Retiring Gratuity Fund Re-servo are definitely earmarked the Truslees finish the year with a surplus of $88,910.54 as against $102,070.00 a year ago. This is considered by the Trustees as a good working reserve to have and in their opinion the current Income can properly be fully expended in welfare work for the members without needing to budget for a surplus in future.
The accounts have been kept by the reassurers, Messrs. Thomson Ca, and audited by Mess. Shu Lun Pan & Ca, erate" Photo, couple ad been strangled and hidden
Text read from the printed page and cleaned; old type leaves the occasional error.