APPENDIX VII.

STATEMENT OF ACCOUNTS FOR 1905.

I append the following statement relating to the time when
the School was relatively independent, in order to show how the
School gained its income and how the money was spent.

                             £  s. d.                                £  s. d.
          INCOME.                                    EXPENSES.

Rent from 169 1/2 acres ... 271 15  6    Clerk's Salary ...    ...    5  0  0
Fees  ...   ...   ...   ... 230 16  8    Stationery     ...    ...       7  6
Leicestershire C.C. Grant   100  0  0    Advertisement  ...    ...    2  4  6
Midland Railway Rent          1  0  0    Repairs        ...    ...   49 14  3
Grant from Science and                   Repairs        ...    ...   55 18  2
  Art Department        ...   9  9  0    Instalment onn Loan   ...   47  8  6
Bank Interest     ...   ...     11  1    Salary of Headmaster       150  0  0
Income Tax returned     ...     16  7    Salary   of   Assistant
                                           Master       ...    ...   80  0  0
                                         Salary of Science and
                                           Art Teachers        ...  107 17  6
                                         Capitation Fees       ...  131  6  8
                                         Greek Fees     ...    ...    5 10  0
                                         Exhibitions    ...    ...   60  0  0
                                         Examination Fees      ...    3  0  0
                                         Use of Cricket Ground        4  0  0
                                         Prizes   ...    ...    ...   3  3  0

                           £614  8 10                              £705 10  1