Welsh Journals

Dr. PROFIT AND LOSS ACCOUNT for the year ended 31st December, 1922. Cr. To Interim Dividend at the rate of 18 per cent. per annum, less Income Tax, paid 15th July, 1922 708,670 12 6 Dividend at the rate of 18 per cent. per annum, less Income Tax, payable 1st February, 1923 733,107 10 10 Reserve for Future Contingencies 500,000 0 0 „ Bank Premises Redemption Fund 300,000 0 0 Balance carried forward to next account 788,967 4 6 R. McKENNA, Chairman. W. G. BRADSHAW, S. CHRISTOPHERSON, LEWIS H. WALTERS, Director. REPORT OF THE AUDITORS TO THE SHAREHOLDERS OF THE LONDON JOINT CITY & MIDLAND BANK LIMITED. In accordance with the provisions of Sub-section 2 of Section 113 of the Companies (Consolidation) Act. 1908, we report as follows:— We have examined the above Balance Sheet in detail with the Books at Head Office and with the certified Returns from the Branches. We have satisfied ourselves as to the correctness of the Coin, Bank and Currency Notes and Balances with the Bank of England. Balances with, and Cheques in course of Collection on other Banks in Great Britain and Ireland and Bills Discounted, and hive verified the correctness of the Money at Call and Short Notice. We have also verified the Securities representing the Investments of the Bank, 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. Loxdok, 12th January, 1923. WHINNEY, SMITH & WHINNEY, Chabtbmd ACCOUNTANTS, Auditors. BELFAST BANKING COMPANY LIMITED OVER no OFFICES IN IRELAND THE LONDON CITY & MIDLAND EXECUTOR & TRUSTEE CO. LTD. University College of Wales, Aberystwyth Principal: JOHN HUMPHREYS DAVIES. M.A.. Oioa. The Session begins in September. Lectures commence early in October. Entrance Scholar- ships and Exhibitions, open to both male and female candidates above the age of 16, are offered for competition at the commencement of the Session. Students are prepared for Degrees in Arts, Science (including the Applied Science of Agriculture), Law and Music. Men students reside in Registered Lodgings in the town, or at the Men's Hostel. Women Students reside in the Halls of Resid- ence for Women. For full particulars apply to the General Secretary. A s. d. £ 3,030,745 .7 10 £ s. d. By Balance from last Account 777,253 7 8 Net Profits for the year ended 31st December, 1922, full provision having been made for Rebate, Expenses and all Bad and Doubtful Debts 2,253,492 0 2 .3.030.745 7 10 Deputy Chairmen. i Joint Managing I Directors. F. HYDE, E. W. WOOLLEY, AFFILIATIONS THE CLYDESDALE BANK LIMITED OVER 180 OFFICES IN SCOTLAND University College of North Wales, BANGOR. (.4 Constituent College of the University of Wales) PRINCIPAL SIR HARRY R. REICHEL, M.A., LL.D. The Session opens in October. The College courses are arranged with reference to the Degrees of the University of Wales, including Degrees in Arts, Science, and Theology. Students may pursue their first year of medical study at the College. There are special departments for Agriculture, Forestry, Electrical Engineering, and Music, and a department for the training of Elementary, Secondary and Kindergarten teachers. The Entrance Scholarship Examination is held in April. For further information and copies of the various Prospectuses apply to W. P. WHELDON. Secretary and Registrar.