WESTMINSTER BANK
I
BALANCE SHEET.
LIABILITIES ;
Capital .
Authorized 2.0 40 044 046 040 Lu a ai nn ke um m 38,000,000
Issued-— "a
7,070,990 Shares of £ 4 each, £1 paid... 00 0 ar ker ae ae a ae a
2,249,167 Shares of £ 1 each, fully paid ‚0 eu en 0 2 zen an un

7,070,990 0 0
2,249,167 0 0
9,320,157 0 0
9,320,157 0 0

Reserve Eee
Current Deposit and other Accounts, including pro-‚vision
 for Contingencie8. u. du 00 u un 0 en 281,888,511 18 0
Balances in account with Subsidiary Companies... .. .. 3,271,799 1 9
Notes in cireulation in the Isle of Man an 000 ken RE an 0 Sl af
Acceptances, Endorsements, and other Engagements’on account of Customers
Profit and Loss Balance, as annexed we u

285,160,310 19 9
7,794 0 0
27,599,578 13.11
1184442. 9 &amp;@

R. HUGH TENNANT JOHN RAE, Chi,
M. C. TURNER |.Directors ; if General Manager
R. E. BECKETT ‘ dd. R, HOOFF, Chief Accountant

#£332,592,439 16 2
E 318 2
PROFIT AND
£ 8. d.
565.679 4 0
112,458 70
250,000 0 0
400,000 0 0
200000 0 0

Ir

To Interim Dividend o£ 10 per cent. (ss Income Tax) on the £4 Shares paid
in August last 4 v0 060 4 Ahr a0 her 00R A00 HP Er ab Abe ann an m
Interim Dividend of 6‘, per cent. (/ess Income Tax) on ihe £ 1 Shares paid
A
Bank Premises Account .. 2 040 dr de Hr ent 400 MR Ar Bde da
A EN
A
Further Dividend of 10 per cent. (/ess Income Tax) makins 20 per cent.
for the year on the £4 Shares (£1paid up) .. .. £565,679 4 0
Further Dividend of 6!/, per cent. (dess Income Tax)
making 124 TE cent. for the year on the £ 1 Shares 112,458 7 0
Balance. carried forward 2. us a 506,304 11 6

1,184,442 2
£ 2,712,579 13 6
FUEL

AUDITORS' REPORT
We have examined the above Balance Sheet and compared it with the Books at Lothbury, Lombard
Street and Bartholomew Lane, and with the Certified Returns received from ihe Branches. We
have verified the Cash in hand änd Bills Discounted at Lothbury, Lombard Street and Barthoijomew
 Lane, and the Cash at ihe Bank of England. We have also verified the Securities held
against Money at Call and Short Notice, and ihe Investments of the Bank. We have obtained all
the information and explanations we have required, and in our opinion the Balance Sheet is properly
 drawn up so as to exhibit a true and correct view of the siate of the Bank’s affaira, accorling
 to the best of our information and the explanations given to us, and as shown by the Books
» the Bank.
FURQUAND, YOUNGS &amp; CO.
KEMP, CHATTERIS, NICHOLS, SENDELL &amp; CO. Chartered,
PRICE, WATERHOUSE &amp; CO. ( Accountants
YTEAD, TAYLOR &amp; STEAD ne
Ay

London, 13th January, 1930.

LIMITED
vn 2
831st December, 1929 ;
ASSETS
Coin, Bank Notes and Balances with the Bank of England ... 2. 44 um
Balances with, and Cheques in course of collection on, other Banks in
‚Great Britain and Ireland RUE M0HH5NL HEL Makr 2000 180E EM 20H zur Sof
Money at call and short notic® ... 040 u04 40 at ken Mn An nen HHn um
ET EEE
Investments— £ 8. d.
War Loan and other Securities of, or fr by,
the British Government (of which £ 989 654 2s, is
lodged for Public accounts and für the Note Issue in
the Isle of Man) win a0 000 ann ann um uns um um  36,686,1869 9 1
British Corporation Stocks and other Investments ... 1,287,283 16 7
Advances to Customers and other Accounts .. .......” 146,756,553 5 2
Balances in Account with Subsidiary Companies ... ... 594,088 16 4
Liability of Customers for Acceptances, Endorsementa, and other Engagements,
 as per CONiFa u. 04 000 000 hin An ann 006 hen ME Are ann en
Shares in Subsidiary Companies (at cost, less amounts written off)—
N EN En ae Limited-- . £ 8. d
8,000 £ 20 Shares, fully paid ; ‘ .
92'000 £ 20 Shares, £ 19 1] we a a lu um m 1,080,000 0 C
Uister Bank Limited—
199,934 £ 15 Shares, £4 paid... 4.0 40 04.006 us 2 1,011,868 17 6
Other Subsidiary Companies .. ... 4 + RL 380 00
Bank and other Premises (at cost, less amounts written off) ed

£ 8. d.
35,467,196 38 11
10,513,476 19 10
33,169,822 12 8
32.501317 711

37,923,458 5 8
147,350,592 1 6
97 599.578 18 11

2,991,898 17 6
5.075.103 13 28

£ 332,592,489 16 ©

LOSS ACCOUNT

Or.

£ 8 d.
By Balance brought forward from 31st December, 1928 ... 2... wi 04 0 un 552,195 16. 0
„ Net Profit for the year after making provision for Bad and Doubiful Debts * 2,160,383 17 6

£2,712,579 13 6

STATEMENT PURSUANT TO THE COMPANIES ACT 1929
Directors’ Remuneration, including Income Tax and Fees paid to them by Subsidiary Companies,
 amounted to £ 44,635. — Such of ihe aggregate profits of the Subsidiary Companies for
the year as have been declared in dividends are included in the Profit and Loss account above,
in 80 far as they concern this Bank. The undivided balänces of the profits of the Subsidiary
Companies have been carried forward in the accounts of ‚those Companies.“
R. HUGH TENNANT| JOHN RAE, Chief. General Manager
M. C. TURNER | Directors Hs .
R. E. BECKETT ; J. R. HOOFF, Chief Accountant
London, 13th January, 1980.