" Freehold Estate in
Australia 10,375 3 6
----------------- 1,100,571 6 4-1/2
" INVESTMENTS, including
Investment of Reserve
and Sinking Funds 196,412 9 2
" FURNITURE and FITTINGS
at Headquarters, Officers'
Quarters, and
Training College, as on
September 30, 1908 5,412 16 1
" Additions during the year 2,768 9 5-1/2
---------------
8,181 5 6-1/2
_Less_ Depreciation 2,433 19 9
--------------- 5,748 5 9-1/2
-----------------
Carried forward L1,802,732 1 4

BALANCE SHEET--_continued_

DR.

Brought forward 907,621 13 0-1/2

To The Salvation Army Fund,

as per last Balance Sheet 411,701 0 6-1/4

" Donations and Subscriptions
For Capital Purposes
(including building
Contributions,
L20,044 0s. 2d.) 37,044 6 2

" General Income and Expenditure
Account
(Balance) 1,309 17 8-1/2

----------------------------------------------------------------------

450,064 18 4-1/2
-----------------

L1,357,706 11 5

CR.

Brought forward 1,302,732 1 4

By Loans

" Trade Headquarters Fund 27,902 16 5

" Sundry Colonial and
Foreign Territories 8,606 16 0
------------

34,506 12 5

" Sundry Debtors 18,360 10 4

" Cash at Bank 2,107 7 4

---------------
L1,357,706 11 5

We have examined the above Statement with the Books, Accounts, and
Vouchers relating thereto, and certify the same to be correct. We have
also verified the Bank balances and Investments.

KNOX, CROPPER & CO.,

_Chartered Accountants._

16 FINSBURY CIRCUS, E.C.

_December_ 31, 1909.