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THE LINCOLNCO-OPERATIVE SOCIETY LTD.
(Established 1861)
FREE SCHOOL LANE, LINCOLN
at
a
«taactaa
',, :':, Half-Yearly Report and Balance Sheet
iI-.:;.'., for the Half-Year ended 20th,March, l9l8
NOTICE IS HEREBY GIVEN THAT THE GENERAL
QUARTERLY MEETINGof Members will be held in the
NE% HALL, FREE SCHOOL LANE, LINCOLN
on MONDAY, . 24th MAY, 1948
COMMENCINC AT 7W P34.
il
NOTICE OF BRANCH MEETINGS IS GIVEN ON BACK PACE
AGENDA OF BUSINESS
fax Taro Defog
~» wH «H «*It
n
4e
~~~44444444444444444444444444444444444444*44444Co-onerntive Printing Society Ltd, Lace Ivtonor Streer,
4444. 4444Stan e trente r
: r-::-';.,
, 5. Ncmunanons ates to attend the @VS.Quarterly Meetings. The meeting in November ia
' I:: -'. restricte to members residing in the country .sct
members residing in the city area (Rtde fsf;
fr. Election of Four Members to the Cenersl ~;,oi the Li oln Society Ctnaperative P rty. .;.'i';".'r, l".:t
' 4-..'Nomhnitioiis for Five Membets. of the Education :at
DIRECTORS' REPORTFr(fest-hfe bcri,
We have pleasure in submitting for your consideration and approval our Report for the Quarter ended 25th Decembe't'I I94(!
( ) Safes.—The Cash Sales for the Quarter amounted to ff625363. being an increase of %98%9, in h9 per. cent over thendjng pedod for 1947. All departments, with the exception of the Cafe, Fish, artd Beetrical, , have', cmttttibutsd fn tfds'increase, and we wish to convey our appreciation to the employeestfor the coietinuabon of their+ffttitgi amf loyalty„'.
(b) )tfmnbexship. —The present membership is 36,134, which is an increase of 295 for the Quarter.
(r) Mezobevs' Outing. —Llandu duo has been selected as the phnca to be visited ibis year on the I 1th luna, end the erisngsmsfof thc ounng are being made by the CW S. Travel Service Depart'ment t -Full details ol, tbe tattogafde, places of interest to beassn and inenus are given on the bills which are displayed in all branches We intend to stop at Hykeham ou beth the~aend return journeys for the convenience of residents in this area. Memberi ate lastttmterkt'olbook early for this triP as the nimbers
will have to be limited.
(d) Self Service Shop.—At the time of going to press the conversion of tin SubZeiitr'el Cricery to Self-Setvice j4 b'sing
ph, oned and the early results of this new ~enture will be available at the meehng. It remains to bc scen how Lincohttpeopmspond to tide very latest method of shoPPing, but where tried in ofhm"Parts of the country it has neatly increased stdstg savedthe customer waiting and proved veiy economical to woik with a iteghgibhrr~'. 'Writs'lufctgate Ififtttolti 'njiib}'rs will jjlelightin seisnag themselves with unrationed goods and eo ericmuage the extension ef crgrvefeian tft
' ";s)t4iiiy st'icietau ip anddown the country are planning to turn all grocery branches ovei to SdfServiee. 'and in fact vt 4ew of them am already well
.'i, ''''' 'established with this new form of trading.
(c) Travelling Grocery Shop.—The Societyis &it Tvavelijtng Shiip vt4I biiftn vffbfdttd in mirly' Febrtmfu itbd 'wtii be~,to Bracebridge Branch to service the. outlying estates of; this,'shop ipdudntgthi, e
''ng,
'Heath Dfstnck
,t...vjiff be delighted by the selection ur thisvejy compact shropvdnch they' dtj8 e"
.if 'fhFt rlssit"' "'
ktave by an iemt;-'., ; 'driver'a cab. Further travelling Shops will be obtained svhen avid)able to give d store frequent iarvice 'to 'other tmtsof
6 'KT. Herrk —The milk yield of the Dairy Herd is now'a, ' ' ' 'oyer'. I„I5():galkmss tt' sttae)t and hti ~ ~nt of the Lincoln Redst The cattle are.nsffne ctmthjmu
' ' ' '': ' ' ' '„bytbafgqaeB's V~
n e
e
h
n44!~wcme Pleased to inform you that'we hstvte ba&~teix:: It'is" "
. .'
'ittf'gFfjttk~4hfifarmone if tfm.tha tgune time profitable part of our Society'a ainu ingie-„'~~»;-",',
' '(tt)iFfggexies. —The management have, deeiifddfoxaeu p"ktrgc'ssiiks
= t 'fjt'strm'. Fain's, s
s's"-'.~~+tj' Bntcfmry Dep'attmeiit at the~e~~~yrat inother contribution by the Society to' t'he Gnoearnmiimit's ', "-for~fjltsi'd~ Iijj tfjil c'tmsit'rF
"~+''i~~ijiig cantata when it is possible for controls to be removed indus)tgh tfmit dace tike pbttgr'vn fjrti'pe gif fir 6k' te neet muit rsf
&AchedM~Mybers
~~mtd
,() Gtunrtdmnam —As most of yejtxvtfff)te .t .ete the Empi. yes ~u. 't ~ '.agam your Directors discussed this «5th tfre et. '., !t"'ees i prese. .tn
«I" -" . - m mouldi~thaSttct ty ss t': tm n-nual ant. t h s»t o
y
nv
su
5m d
i i
:-.'4:d, ", :i y~:-.~~au~"-y
nv
sur
i~~
s,=,t~~a4ylruamnts in our own farms,~x.—I )342 P ~~tbrimgth if-,:~fmes, tttnitmnntfiwsgemrtss„-bichntty
~'wrdx'-8N. .sccgptg d'fttat 'tfmxvatmayim
)dipaimtents obtained satisfactory resul&'-'"=.j'xt'.=- jl; ". r!t'-."e,", t» N Cafe Anneae. —Present-day rfctsrsm will. not penmt a lic@sci:bgfng
' '
utst)mck service tea room and thi tiinskwiof tfm Gtfe. to ttur Neer. .Hi@'
l;", . -+m' ', '
'.'Annexe. but we are going abrmmdwithtbeasttsmgem'ants tomakalhi'HrnvHtdfrs~. ,' '.xdgcbsagtsbaw'baptttmk
tfffsgtn. Bfru.—We are p . ' "'tjta w ' ' ', ", '' " ",'' ' ":"' ' „'''-:,. '... 9)t)t,heft'tdsaadybrrfft
'-nst "'j;; "' '", " bvhegatbsr'tbngMvue="'*' ' ' ' " i",.:,V"
of the Private tears.,'astck'st'dltgj ~, ". ,:'W'~nrnsmgt"'
.:,':Mrgtja
Ijjfsessbtgnkifis —''Aft-frumithi, :gait gP::;'
geiif)xttt„:sts)3bfefttP'iteglbsfiW.
't)t@aivang a interview and will be onb too-pka
oyees Spo 'ts Secbon. —Y ot Dition&ts .save met teF o-
;:ett make. to t!t it Spats Section. Be!me the t.en n s: t, t
p r t eelcss spot t nnd tssopence per week to ho ptlal ' .~
. e to,.it- . e tton. Wjtsm the employees' sports contrikn;ton 'to t; t- ' t
to a total of Zj17 ls. g. Ipb 'ted. We ask the members tu tndui-t, -I t
~foyees' Welfare Associatitrn of Sl''
ar.n m
FUNERAL FURNISHENGFUNERALS AND CREMATIONS arranged in
accordance with your personal wishes.
Every detail attended to with dignity and eSciency.
FREE DEATH BENEFIT SCHEME
WHERE THE SOCIETY UNDERTAKE THE FUNERAL
BENEFITS ARE INCREASED BY 100%
Telephone —1815 Ex. 16. Night Calls —513.
2G"FER SHOPPING
VISIT YOUR OWN CAFE-FOR THE
BEST MEAL IN TOWN'
WEDDING PARTIES ESPECIALLY CATERED FOR
PRIVATE ROOhf Yr'IILABLE..i!O.' ' sl.
GOOD SERVICE "AND QUALITY461q'o
OPEN DAILY—9~/ 6 p.m
Inquiries to—MANAGERESS, CAFE DEPARTMENT.' 'Phone —1815 Ex 32.
Lincoln Co-operative Society LimitedDirectors' Attendances, Half Year ended 20th March, IB4L
Pomible Acnusl
GROUP IFOODCafe,
Daixy, Grocery,Butchery, Fruit
sndChemist
possible Actual
SUB-COMMITTEES
CROUP 2DRY GOODS
Boots, DmpesyFurnishing,
Hairdressing.Jewellery. Outfitring
and Tailoring
Possible
Mill, Bakery.Coal, Farms,
TrsxsspoxtWorks
tsnd
Coxdectionery
CROUP 3PRODUCTIVE
possible Acund
Councillor hihs. O. C Deer (Prcsidcst)
Mr. F. H. Truswe8. . . . .......... . .Mr. K Wells. ... ... ...... .........Mr. F. Grainger. J.P. ..... . . ... . ...Mr. A. Tuck, JP....... . .... . ......Councillor J. K. Fox, J.P. ... . . ... ..Mrs. M. E. Richsicb ............. .Mrs. C. I. Breeks. . .. . .... .........Mr. J. E. Hsuison . ... . ..... ......
'Mr. L B Garke ....... . ... . . .....Mr. S. T.
2727272727272727272727
26272727272425
11 11
11 10
777
666
13
13
13 12
10
13
Managing ~x Mr. , DUNCAN ~ALAA. " . ', - Assistmn Secreaayx Mr. S. BETI; A.C.SA
Public Auditor x Mr. K J. WALPOLE. Cerpoeahas Stunt, Mandsestar 4.
ELECIION OF DIRECMRS t RESULT OF VOTING
Result of Election of Six Directors: Mx G Dean, 710; Mrs W. K.Martin, 685t Mr. F. Grainger, 481; Mr. H. Wefis, 467.
Mrs. O. G. Deer, 356: Mr. S.T. Buttery, 318 (the foregoing elected to satve fer two years); Mr. J.E.Harrison, 439; Mr. T.W
JaCkson 434 x Mr S W ~395;Mr W BuckxssR31 I; MmE Mesrifis'241 4 Mrs D MDixon 216: Mr J.R Field, 129
Miss F hL Carton, Sk
l&% cAXSIMIL
1%8' -'; . . ':,: . 1948
Msy 17—Whit-Moaday. . May 2~1y Meeting.
Mey 21—Loan gs Special loan Boolcs sea@. June 2(-tuaatee End.
1948Aug. 2—Bank Holiday.
STAWMNG ODEIKQS,
I..RIXES 50-'4. Netsee of sssetson must be exbxmtcted m wnamg au, less than- 28 dsrysc'~4' sbsta. 'ehthe axestmg
days' notice is required cf any amendment to s proposition appearing on the Agenda.
2. That no member be allowed to speak more than once on any morion at the ~,or suy other General Meeting of the
Members convened Ior the purpose of transacting the businem of tbe Soriety, except the severs. of resohstions, motions, snd '-"
amencbnents wbo sba0 be afiowed a reply; snd no members shaB spek after such rsgfts
3.~easmdxeents axe made upon original pmpmitions, no second amendment shaH be taken into consideration uxstj) -.„","'
the fust~bss been dssposd of (a) if a first asumdment be csuied it shall displace tbe original question snd become i~o~x *
the question t (6) if tbe fina anendment be negatxve thea the seessd may be xaoved to the original question under coasiderstnsry+Q', ';
oofy one asendment shall be submitted to tba Mesthn'fcx ~at mm riase t.(c) the move' of every resofsmon and of essssA
smendmaxst shall have s right of reply, immediately aber~cpssst'un ihsdf bc put from tbe chair; but no other meutbrqggq. '.
j sbefi bc sllowecl to speck mate then once oa the sime question. uxdess peruksiicu ha given for personal exphmstion, or tbe attenhon~
of dm chair be csfied te a pomt of order.
4, Time limit of Mover of.Resolution be IO mimum; tbe other spalcars nct more ksn five minutes.
5. When any motxon cr smasdmexxt hss been made and secondek it is opau s» any sssembsx to propose tbe "previous quesrion,"
Io, that the motion before the Meeting be not pre. The mover and ascender ef the previous question" cannot speak sfterwmdi.
'on the motion before tbs Meariug
6. A motion once cerried stssdt not be rescinded at any meeting srithout due notke having been given.
s'-,". -" g$.":; 7. That all questions nkstisg to dm Balance Sheet which ase sent to' tbe Secretary before tbe General Meeting, shall bsve-
pfefexvr ce.8. When the Preudent rises to speslr. members shall take their seats ~ly.9. Complaints snd saggestious most be made in~with Rale N.
10. Standing Orders may be~by tbe votes of a majority of members present if the President or Chsinaan. decides
'-"~a„'~-:",~sgttuf0. u sxsotjsm to du t effect.
DIRECTORS' REPORT
21 3102472
Fcffsrs-Maab err,
We have pleasure in submitting for your approval and adoption the Report and Balance Sheet for the Half Year ended
20th March, 1948.
(a) Salas.—Tha Cash Sales for the Half Year reached a record for the Society of Ej,066,16(.despite the period under review
being for 25 weeks only. This figure represents an increase of f107,723 against the 26 weeks of the conesponding period, and an
average weeldy increase of E4,309. AB departments have contrilmted to this increase, and to those members and empkysm who
have helped to produce these excellent results we extend our thanks and appreciation.
(I) Membcrshrp. —The present membership of tbe Society is 35,442.
(c) Babmce jsposabb e.—After meeting eB charges and allowing %15.4I5 for depreciation of Buildings, Fixtures, Ice., and
816,258 to meet Intcrest on Members' Shares, there remains a surplus of f59,008. We recommend that Dividend bepajd on Mcmbers'
purchases at the rate of le. 4d. in thc f„anda grant of 8590 14s. be made for educational purposes. We are pleased to be abk to
recommend this incmase in Dividend aver tbe last Half Year, which has been made increasingly cfffficult with dinunishing margins
and rising costs, and we appeal for thc utmost loyalty from our members with their purcbams to reduce the rate of expanses.,' iL;
(d) Saturday Closing. ~recitations with the Trade Unions have resulted in Saturday half-day being gninted to same o
distributive staffs. Your irrcctos wish to keep abreast of changes in conditicms of employment which are taking place
down the country, but are anxious not to limit the shopping services to our members, and have desired to maintain a co9zso 12 6
service with our competitors. Where alteration in the hery is talcing place, ampk time and notice wiB be giv
the change over' takes place.
(e) Intertrad'mg. —This scheme has continued to function satisfactorily, and we hope that it may be possible in th'
to obtain dividend by trading at any Cooperative Society in the country. Members who intend taking their hc
Lincolnshire Coast are remuuled that aBpurchases they make at Cooperaffve Shops wiB be automatically transfswec'
with our own Society; Societies sheady in the schcmc are: Boston. Gajnsborougju ~Cr jmsby, Lincoln
Retford, Scuntborpe, Spalding, and Skegness.6
(f) International Crswperators' isry, Brd July.—Arrangemcnts for the commemoration of this day sra presser,
hoped to stage on the Society's Sports Field. Whilst nothing has bosn finalised it is intended to organise Cb
Baby SbowcChojr Iterss, Folk Dances, Itc., and an invitation is being extended to Mr. Hugh Daltonto pedonn thc opc
(g) St CQas~Site.~egotjatjous are proceeding with the Lincoln Corporation for the fiist refusal of tlx
tbsy intend to build on Swift Car dens. We are anxious to extend our services in this aria as soon as circumstsnc.
= being donff.
(6) TtavaBsng Shopa —We have ordered two modern Travelling Crocery Shops whrch vnff enable us to consohdate our rff
and at the same time give regular service to our members in out-of-the-way country places.
(i) Frmt irnys. —Members m tbe~,and St. GBes districts will already be acqaainted with tbe fnut drays now plying
these areas. It is realised that two diays cannot fully service these areas, but so sbtjsfactory has been tbc: response to this rww
tlmt more dr will be nut on the road at sn early date. Arrangements have also been made for a Quick-Freeze
refrigerator to be justa)ted in the Antral Fnut Shop, which wiB enable us to supply freshly-frozen huits aB the year round. Wc
!=-"'-'-'-, i":"-"= feel tba need to get in on the ground Boor with what wiB raost probabjy be a development of the future.
(I') SlssB~lbazpa. —We have purchased tba grocery and bakery business of W. Sturdy, at Skeffingtborpe. Members resrdjng
in thrs district will know of its exceffem reputation, snd it should prove a distinct asset to the Society in addition to enabling us
to bc'on the spot to develop our trade in this area.
(ft) Sfaaattm and Tobacco.—The recent Budget increase has caused us to reduce ths rate of dividend on these saks to
6d. in the & llm amourn of tax on a 3s. 6d. packet of cigarettes is now 2s. 10Kwhich does not produce any profit, and we think'
!.:.':.=*' ycu wBI alee that we crm uo longer afford to pay fuB dividend on these commrocfitjes.
0) For tbs Bms time in tits history of 6e Society tbs Saks for tbe year have exceeded 82,000,000. This i~ a wudemttrl
acbjevamant for a town of 66,000 pcople We can estimate that two thirds of tbc trade was done in the town, so our feffow-mexdmm
m tbe country have pkyed therr pert ecpsaffy well The cash sales for 51 weeks were $2,062,349 14s. 2d. , which is sn jncrcam of
B195502coa9auad with last year. OLu target umst now bc three mjBjon pounds per annum, snd with your loyalty snd help "We
crm make it.
(m) In attajnjntf this feat. Iet us say a few words of thanks to our employees. We thank them for their good work during the
yasr and kcl certam wc cau expect 'continued loyalty. and by their efforts we are confident we can increase the safm to tbc
three miffion pounds per annum.
Yours faithfully,
For and an behalf of tbe Directors,
OLIVE C. DEER, Press
DUNCAN McNAB,
STATEMENT OF ACCOUNTSFor the Half Year, 27th SEPTEMBER, 1947, to 20th MARCH, 1948
Dr. 1—CASH ACCOUNT Cr.
Rccritt'tt
ToSales .......... ..'. ..........„....„'Capital Accourit XII.—
Members' Shares ......, , ....
Penny Bank ...............Superannuation Fund ...,.. .
. Stamps Sold ... ... . .......
E s. d. Pattmattr
1066160 13 6 By G~@ urd aced„Carnage. . . . ....... , .
s. d.. . 825755 I 7
5591 11 I
831346 IZ 8854946 18
19919 340888 14
5924 13
2469 II903 9
311
2
990
125052 10 10
,. Capital Account XII.—Members' Shares .......... .LoansSpecial Loans ..Penny BankSuperannuation FundRecishned Share Balances. ..Savings Stamps Redeemed ..Flour Mills Control Account
114755 17 718737 19 946853 3 79155 13'
4069 19 5310 I
147 14 02213 0 0
195936 17 IOf'*'-'noes Account III.—+tndry Rents, Halls. gtc......
Conamssim
'yRoa Fme. ......... . .pks. gtc. ..............
1fawence, ...imundrits Association
1541. 8 873 12' I
2 7'0263 4
Il 2 5.
Agriculturtd Pmperty. ..; ..... , 35 0 0Lend and Buildings .......: 5035 0 0Motors ...................... 5956 18 9Fixed Stock ... ............. 4525 19 5
Hant ...; .' ......,.. 6244 16 4Farm. hnphsasnts, .... ....... 1413 8House Praptstttt, 'iota . =.. 3375 16 0
„lnvesunents ~
,.Martgsgrut~rseltmpityr:ro ~;.t,
„Subscriptiaes an8.33imatotane"'
26586 18 0;;"-:cf's.
8000 0 8;;c7983 17 +".-.:-'
3733217 6;,189128/1 8;-"':".
:818.; I 7.
2472 15 I
IF~ --"..... . 83 0 00 6.3;;„.-:
9210 0Live nial- Furcal Stack. ': 317 I0 .0
;, Motors. ... ......... -%f 15 0981 15 0
37196 12 910096 9 471816 16 il
644 6 I
105 16
2609 1
4911 I 0887 8 8700
2816 I 5
patt)os. "' =.""i l::"4~%
tmolu Doo'f eutl Dsiib~..i ~ 2Lmcolu Police Court Ofiooloa ......... 2
colo ttoltntt Primuom'Akl gociotr l
0 99t":' .0,
di 00
35tpt40 IQ2 2240 0
10 05 02 02 01' 03 0
..Trading Gub .......:....:.....„Repsyme ts—Mortgsges ....... ,
„HouseProperty Rents .........„ later-Trading ~on ......
ollectim Life ~Gaims„Employees' Income Tax i......„Employem' Welfsm ~„Workers' Travel Association ...„Profiton Sale af Investmems
Total Receipts"„BackWitttdmwals ............... ..,....... 947959 5 5„Cash in Hend 27th Sept.,' 1947.. t. —,'. . f895 t5 3
, 82275696 13 I 1f
Ccotso'optmtt ior Smtoroi. i. ~ ~ - .4.IOLiocolu Diomct Nuriias ~.-. 25. 0: 0
9 820 *I 7
„Dividend snd interest .................... ... f3688 5 7„Employees' Welfare Association. ........„.... 887 0 8„Emplopees' Jubilee Gift . ............ .., ..... . 10 0 0„
Inter-Trading Cammission . ................. 149 0 4„Non.Members' Divfdstttf .................... 52 I7 10
Grant. . .........,.....i.~~ .. . 876 17 4„
Income Tex—SchedtdcsA tmd B.=-. .:',=.~ „, "rc,--2430 -.4 7„
Income 'Kaxrhuhtcted fram Invesito. '5 .:i,.vremits hmaaet - ', io ' 'or o,h -;, *:'2028 I3 3
„Collective life Assiusnm'~. ''" '-"-.'-w ', I"-8,
;, Wedims' Trsatgfdfsltmu
tao tto'tw'o, 'i':-'::;"!;;;:.::-:—.";:=':sat ai"","', -'
oiooc ti tti
II—BANK ACCOUNT
5
Cr.
8 s. 7L R s. d
To Balance, 27th Sept. , 1947, 11759 I 9
„Deposits:—Co-op. WholesaleSociety Ltd. 810266 10 2
Midland Bank Ltd. ....... 130671 9 I94837 19 3 Bank Charges ......~ ~ ..
Balance 21hh Marsh 1948
s. d. B eccLBy Withdravrais .
Co-op.Wholesale Society Ltd. 818928 15 7
Midland Bank Ltd. ........ 128061 12 0946990 7 7
968 17 10
4737 15 7
8952697 I 0
III—EXPENSES ACCOUNT
B s, cL,B s.:d.To Wages. Pm'ducdve ...... ..'. .'46348
''2 '4I.
Distrihirtive. ........ 95651 15' 8Carting. ............ 8353 16
150353 14 4
„Commiuee Salarim ... ...... 225 10 0., Local Committee Expenses;. . 18 13 0
.;.Audit Fees. ................. 420 0 0664 3 0
=* .-..Rmats ........'. ..'. ........'. '. 250 4 '3
0 . - Rates ~ ~ .:;...;;..;;.-;.-;:.. 6254 18 I',; Insurance ....'. ."...'...'. .'. ... 1250 0 3
., National Health Ik Unemp.Insurance ... ......:... 3936 19
11692 I III., Repairs ... ......, .......... 13893 4 4
- Ims and Hectricity. ......... 2491 I I 3
Bectrical Power. .....;.. ... 1082 16 2
., Telephones. ..... .... ... 785 I I17rc I 2 17
Tmnsport .................. 10111 IO -7 '
I0010 7
., Punting, Stationery,A~~.Stamps aud Checpze Books. . 839 13
760 9 5
t2
MOIO 3.88 411
3242 17:gcgc-, 2811 5
. '460. 2u
7
ro essionai Chargesen s Ccsnpensation 110 ' 4'44--. .=
!-omoussion. ..... .. . . 968 17 107 C !
2247
3437 12 6I
By internet Chargeable Hoses PmpsrtyRevemre A/c. IV. ....... .»..... ~ ~ .~ .~"
u Charges to House Property Account
4, Sundry Rents, Halls. gcc. ... 81541 8 8
„lhudc Ag ncy Commission. ... 73 12 I
„Strong Room Fees. .......... '2 7 0
„PassBooks, gcc, .....,.. .. 26 3 4
„N.H. I.~ .... .,„... U. 2 5
„Midlind Ccsoperetive Laun.c '; . . .. . . . .. . .. . . 71417..
„House Property MortgsgesAccount XL-
Insurance ............ 63 11 I27.. ... . . . . 777
8
i228 12 '6
21 3102472
70 18 I
ave
Net Expenses to Account VL
Producnve ............. 79521 12
Distnlmtive .. ..... . . 134411 3 0—213932 15 6I
„Interest as Per Account V 1081 10 0
4 IX. 474. . . . . 12%717 2
ozzaz4 n 74
Dr. IV—HOUSE PROPERTY REVENUE ACCOUNTCr.
To Repairs . ... . . , ........„Rates, Insurance, gic.
., Interest Credited —Account 111
„Depreciation., Balance to Account Vll.
fi s. d. ff s. d.
267 10- 622613 6
494 4 I54009416 0
1 6 I)
By Rents
E s. d.644 6 II
2611 68&44 6 II
V—INVESTMFNI'S REVENUE ACCOUNT
To Interest as per Account XII. .% Bslsnos to Account Vlf, .....
B ad.28435 18 I
453 14 0
By Investmergs Account XL— . ff s. d. II a d.
Interest on Shares .. ........ 1685 14 0
Interest on Loans .. . ..... ... 24291 8 6
Interest on Mortgages ...... . 1830 19 7279% 2 I
„
Interest Charged to Account III ..... . ... , .... 1081 10 0
f128889 12 I
Vl-TRADE ACCOUNT
fi n IL ff s. d.
2~7th, 4947. ..5............,..... . 228182 0 0
urchases ................~ ~......... ... 841309 19 5
ctive Expenses ......................~, 79521 12
ibutive Expenses ..........II134411 3 0
.Surplus to Account Vll. ..... 79380 I 0213791 4 II
. 21%2%4 15 III
By Nct SIdes ....."....................,.Dividend on Purdumes ............„Transfers—Expenses
., Stoch in Hand, 20th March, 1948
41
E s. d.
...1068864 513446 I ll13712 8 4
... 266782 0 0
21%2911 75 1li
VII—DISPOSABLE BALANCE AND FINAL REVENUE ACCOUNT
To Members' Share Interest ..„Members' Dividend
„Educational Grant .......% Balance carried down. ....
.%1313ixitcnsl fi s. d.19171 18 650253 17 6
826 17 42282 7
72535 0 IOI
By Balance Disposable '. ..........~ ~ ~ ~ ~
„Members Share Interest Pmvrdcd .~
s. d
52935 0 IOI
19600 0 0
,.Non-Members' Dividend. .... ................% Subscriptions and Dona&on% .................„Collective Life Assurance Premiums. ............, Superannuanon Fund
„
Income Tax 42 Land Tsx ....................,. Employees' Jubilee Gift ... , , .......... , ..., ..„Appropriated for Members' Share Interest Due. .„
Inter-Trading Commission
„ABocation to Resenle Fund
„Income Tsx Reserve Fund ......
$2 17 lo8201 7
368 11 85560 10 79508 17 10
10 0 01&257 18 3
149 0 42000 0 01500 o-o
„Balance brought down ...... ~ ~ "~ .---.~ "~ ~ ~
„Balance from Trade Account. ...~ .~ - ~ "- ~ ~ ~ ~ ~
., Balance from House Property Revenue Account
,.Babmce from Investments Revenue Aces%su
„
Interest on Members' Shares as per A/c. Xll...„
Inter-Trading Commission. ............
2282 7 6}79380 I 0
I 6 If453 14 0
1&257 18 3. -105.16 9
Bafrm ce Disposable to Account Vill .. ., .. 59008 5 7
E98481 3 8
LIABILITIES E s. d. E s. 6h
Share Capital. .......... . . .... ... . .131&991 14 I
Share Interest Due. . .. . . . . . .. .. .. .. 16257 18 313322+ 12 4
Loans ..... . ........ . .... . ..... . . . 235342 4 I
Special Loans. .. . . . ........ ....... 452552 I 1 I
P~ lad ................ . ..... 137523 17 0I
uation Fund ... . . . . ...... 119347 12 11
Q~gdalmed Share Balances. ... .. .. . 604 2 11
DQ~Udmed Penny Bank Balances .'. . 54 12 0
'S~SCSD-""" - "".."." 75515 0 67610015 IR
Reserves and Other Funds-Geaeral Reserve Fund ... . .. . .. 31667 0 0
Incur«am Fund ......... .. .. ... 8030 0 0
Inccnie Tsx Reserve Fund ... ... 4550' I} 0
Workmen's Compensation, Indem-
m'ty. and Trading nub Funds. . 21100 0 0
lnmistments Reserve Fund ...... 920 0 0
Fhittr Mills Control Account. .... 375 .'0 066642 0 0
~ TMI'Ra diAccount XII. ..... ............... ......... ...2345072 7
Goods. ......................... E88778 6 11
Expenses ...................... 19909 12 I
E.P.T. Contingency ............ 20000 0 0
Coal Accounts paid in Advance 70 0 0
lhaad and Milk Checks Outstanding 36Q I I Ioh1324« 10 1«
Balance Disposable as per A/c. Vll. . . ....., ...... 59008 5 7
ASSEIS 8 s. d.
Stock in Hand ..... , .............. 266782 0 0
Land and IuEEncs ...............8182814 0 0
Plant. Fixed, aud oiling StoCk. .. , .. 68953 17 7
7 a .. .. .... .. .. . . ISID 0 0
T~RW' T d . .. .... .. . 21907 17 7
House Property . ....... .... . . . ... . 7050 0 0 21' 17 7
Investment«-Shares ......................... 90072 0 7
Loans ................. ... .....1775634 6 2
Mortgsges ............... ...... 88935 2 6IVSDII 9 5
Members, gic. ........ ...... .... 17740 0 0
Trading Club. ......... , ...., . .. 12579 19 8«379 19 I
Expenses Stack ..... ,.'. .... , , , ......... ... . . , . .. 2423 9
Expcmms Paid in Advance. ...... , . . .. ., .. . . , .. 1508 0 0
Cash in Bank, 20th March, 1948 .... ............. . . 4737 15 7
Cash in Hand, 20th March, 1948 ... ... , ... . ...... 3228 12
VIII—B CE SHEET OF FUNDS AND-EFFECrS AS AT 2Ihh MARCH 1948
E?5365?I 3 10825365?l 3 10
AUDITORTS REPORT.
To the Mcmhcn 45/ the Liaada Caapcratim SIIricty Linked.
and Gentlemen, Thc undersigned, having had access to sll the Books, Deeds, Documents, Accounts.
snd Vouchers relating thereto, naw signs the same as laund to bc correct, duly vauchsih and in accordance with law.
Audit 016ce, C.WB. Ltd..Corparation Street. Manchester.
IL J. WALPOLE, PuMic A«direr.
29th April, ?9N
s. d.358277 431539 'I 714003'14 7
sug d.
% It.p3375 16 0
E s. d.9210 0
m d.363219 14 I
,31574 I 7-17379 10 7
E s. d.17R55 0 8
17239 I 71023414 7
s. d.8550 0265 0 09616 D
IX—.LAND AND BUILDINGS ACCOUNTDepreciation
Pariml, Tatrd
E . s. d.l80405 14 I
17504 I 710329 10 7
20th March.1948. i
15143aiinal
Value
-.IIQ814 0 01«70 I
II
203934 .Pd 0
403820 0 3 8445 16 0 9210 0 412173 6 199328 1610 8910 9 5
~ I01506tsw0 c0062 os Dale at 526SD«s0skss g?9th t0
ROLLING STOCK ACCOUNT
MIB«t Pl"""".;.
-Fans ~—
Valae,27th Smit„
1947
s. d.26009 17 512900 0 p
42OO O O
14400 3 P860 0 p
fc s. d.4525 19 55956 18.9
6244 16 41413 8 3;
E ad.317 Pd 0571 15 0
Tat«I
E s. d.30?18 6 lp18?85 3 94200 0 0
2273 8 3
Fees. Fines,siid
Fodeits
E',ie! ik
I ~
. Tk' «. d.1512 6 102285 3
420' 0 02064 19 4
223 83:
E ~. d.28541 17 716000 0 03780 0 0e''
18141 2 9 889 5 0 75621 18 2 1622 568953 17 7
XI.—INVESTMENTS ACCOUNT
Rateo/
Balancelast
Half Year
Dividendinterest on
PurchasesTotals Withdrawn
aud Sold
Transf's Balance,to 20th March
Loans 1948
~p. WhokscaJe Society Ltd. ..Wigston Hcsiers Ltd. .„...., ..
'. Printing Society Ltd. ...Paiskry Mfg. Society Ltd. ......Cooperative Press LtcL. .......Aksster PnxL Sociaty LtcL. . ...
d Siffc Mfg. Soc.Ltd.Leicester Carnage Builders Ltd.Midland Boot Man&re, LtcL. ...Nortbants Poducctive Soc, Ltd. .Spa!!cpa Boot Manftrs. Ltd. ....Ideal Qotbiers Ltd. .... . . . ....Kettering Qothing Society Ltd.Stafford Shoamkers Ltd. ......Mid. Coop. Laundries Amoc. ..Excel Hat and Cap Society Ltd.Peeple's Entetainment Society.
Youth Centres Ltd. .. ...Coop. Permanent Building Soc.Lincoln Hide 4!Skin Co. Ltd. ..Ruston gc Hamsby Ltd. (OrcL) . .Rustcm tt Hoinsby Ltd. (PrehRobey gc Co. LtcL (Ord.)....Robey gc Co. LtcL (Pref.)......Midland Bank Ltd. '..........Suncky ..... ................
38552835552455544
2$5
1$
l?d5
IO
5
E s.d.82680 5 3
50 0 025 0 050 0 0
1500 0 010.0 050 0 010 0 025 0 02D 050 0 0
~ 10 0 01000
2N» 0»0000
26 8 2109 15 850 0 010 01
159 10390 0 0170 0330 0330 0 0
2744 9 6
90fll' 4y":5
s. d. E s. d.1623 16 10 13200 0 0
I 15 5 3 15 9216 3 843013 9
2210 0110 0315 0
s. d.97504 2 I
55» 236 0 65013 9
1522 10 0»10 05315 010 0 025 15 723 6 062 2 65013 0
10910 6205»»1610 0
27 I 4109 15 850 0 0102 7
'159 10 0390 0 0171 18 3330 0330 0 '0
,2744 9&2. .? 11
8 s. d.
5» 2» 0 6
E s. d.10899 2 I
R s.86605 O
50 025 050 0
1500 0IO 050 010 025 020 050 010. 010 D
200»»00 O.
27 I109 1550 010 2
159 10
,D0'
000000000000
48070
013 92210 0
110 0315 0
015 72» 0
12 2 640 13 09910 6
5 0 01610 0
015 7015 0117 6015 0010 6500
16 10013 2
015 02» 010 5 03918 099'0 0
0 I 9
3900 0h?I fs 3330 0330 0
118 3
0923 010 90072 0 7
2744 9,8?,-?-H . &2 7 ll
1885' l4': f3446':7 . ~':r ' 4':ll
2f
2$
3383f3
33
LOANS-
C.W.S. Loansdo. Fixed Deposit. .......'„
!j.1 Wigston Hceiers fxcL. .. , .....Ijj:- P~y Mfg. ~LnL'. ....'.
Co.op. Perm. Building Soc.LtcLCo-operatnie Press Ltch. ......Nordmnts. Productive Sac- Ltd,Kenering Qcthing Society LtcLMid. Coop. Laundries Assoc. ..Ruston gc Homsby Ltd. (Debs.)Robey gc Co. Ltd. (Debs.).....Lincola Co poration ..........lincoln Corpcrarion ..........War Stack 1955-59 ........, ..War Bonds. 1949-51...........Savings Bonds. 1960-70 .......Savings Bonds, 1965-75 .......
ll3288 5'
1262637 13300 Q.
8 511?5252 17 2
490 16' ll48 16.1l6 Q.
2100 01235 0 0360 0 0
2800 0 0101812 10
14617 16 49993 16 9
100000 8' 090000 0 0250CO 0 0
fmmShares
10899 2 I
v =ct~w
-093',:
22 10095
QDN 0
"52 101812 10
-150 0 01250 01350 0 0375 0 8
je':.3 ut -'
,:L39 III
-,:::)%fs19261.1»: - -4-10 00 110
. 763 I I4 18I 0 0114 5
2650
cence
»038 12 ':IH849 I
1279164 5 3304 10
9 I 6"84015 IIL.
518 4 lf5071»44.14'- 5
2126 51235 0 0360 0
-?852 IQ 0f03625 0 0
14890 16 410143 16 9
101250 0 0'91350 0 025375 0 0
11038 12500N 0
4 IQ
'f—f 526 5 0
1235 0 0
5210 01&12 10 Q
273 OO150 0 0
1250 01350 0 0375 47 0
64849 I1279164 5 3;. -
300 009 I 6-
84015.18 3;—.. :=.~518 4H
50 11 II:, -' '-!43 0:0-c
2100 0 8
360 002880 0 0
101812 10 0Wii? 16 49993 16 9
100000 0 0900N 0 Q
25080 0 Q
SECURED LOANS
f?99988 ls -80N 0 7569 2 0 !i!!i!i"! !
House Property —Mortgagcs .. - 89145 16 7983 I? f830 19 7
'j 7 c, tcyd
88935 2 6 =„!
Xll—LIABILITIES AND RESERVES ACCOUNT.Balance,
27th Sept„1947
Contnlmta onecaid
Transfers
DisposableBalanceAccount
Totals Withdrawalsgt Transfers
Balance,20th hlarch
1948
hhmbers' Shares . . .
Ihachafmed Share Balances. . . . ..Ifndajmed Penny Bank Deposits
8~Sap Club. .. . .. . .8~Sanction Fund ..., ......Reserve Fund . ..Inca'sane Fund ........., ....Income Tax Reserve. .'Wiadcnen s Compensation, In-
k Trading Club FundsWividsnd Ectualisation Fund. ....
Reserve Fund. .....Ihacgjc'BNaControf Accodnt ....
. ac
E s. d.1339741 11 2
607 13 054 12 0
231602 0 0454147 4 5139000 2 11
113125 0 021840 0 07910 0 03000 0 0
20785 0 07100 0 0900 0 0
2588 0 0
2342401 3 '6
8 s. d. E s. d. E a d.5494618 3 1625718 3 3613710 5
19919 3 1140888 14 2
5924 13 9903 9 0
2469 11 9P)7200 0 0
2558 19 ll4369 16 I175¹13 10
226210 06270 0120 0 050 0 0
315 0 01000 020 0 0
5560 lo 72000 0 0
1500 0 0
8' s. d1447083 18 I
607 13 05412 0
254080 3 1049915 14 8146&79 10 6
903 9 01 23417 12 431667 0 0
8030 0 04550 0 0
21100 0 07200 0 0920 0 0
2588 o o
E s. d.114755 17 7(F) 78 8, 2
310 I
18737 19 946553 3 79155 13 5f
147 14 0'4069 '19 5
g)7200 0 0
2213 0 0
c . c.1332249 12 4
604 2 1154 12 0
235342 4 I452552 11 I137523 17 01
755 15 0119347 12 11
31667 0 08030 0 04550 0 0
21100 0 0
920 0 0375 0 0
13Z52 10 10 28435 18 I 45198 I 02548&JP 13 '5 38215 6 Of 2345072 7
c f55,737 los. 5d. less appropriated Interest EI9,600. (Fl Forfeits and Fines, (T) Transfer.
-' EDUCATION COMMITIEE REPORT FOR HALF YEAR ENDED 20th MARCH, 1948.
FdhacaMcadact.
We'have pleamue in subn&ttiaag uua"Repott for the Half Year ended 20th March, 1948.
Cultural Groups .—-(e) Tha Senior Chair has been s~ reoqpuused, membership has incteased condchnjbfy, .and is ncw completing
preparations for the forthcoming production, of "Tom Jones."
(6) '1he Iunior Chmr ia not making the progress. we should like it to make; tbc otit essential is a larger ~hfp.(c)The Ccawperative Arts Theatre Garild has been unable to give a pubhc performance yet, vines eo effmt has been
concentrated on rehearsals for the Festival oqpcused by the Midland Cocapercatfve Ihsma Association in which they
—This phase o'f eur work is aanderteksn jointly between the Board of ai actors and this Committm, and
vmmuphucScd to teport that during the cununtseuuon, 23 employee have studied conespond'ence c'ourses, 23 were in local classes c
aud 4i, mamber ol students entered fot the Orethcmataiatg ~aas is a total of 44, covering 14 diffcxent subjects.
." With the coapotation of the LEAc'Yci'uth ~a instruction in hsndicrafti is now indudcd a's 'peit d the groups'
activities. Leadership, howe'ver, is stiB a prohhxac
will be given on 9th April when we are hoping'for better support. then. waw gtven to the ffrst tuu hctures.
We are now arrangiaig cancan 'prograiimws for scum cf tEe mess in which new
.—Many new books have been added co stock and. s'ume the ebangc in proccdme whereby a charge of Id. per bock
been made, we ate adding a.few every month as y'k
,f+ the Ncx 9 Ljaacoln Dmtrict of the Midhmd Cocfaaasdie Educericm Ccmmiittees'' 'on on
"
~, and hai proved to'hc of immenm b'enefft'to the studs~ y mcm ri e
partidaemse scum Aduh, Cbasses for members on penaahhc
tmgumarats +I) Endeavours are bemg made to orgamse scum
wiR be 3 d July. (3)Agai thi Childr '* H Campnext winter session. (2) A joint cnmmittee
veral Midland societies may wish to ~ate in the schemean even I
F. Iceventon vuas eleeuul to this couaaitlee to ffll the vacancy ca y e e
jh,.:-;- m„~to tha.~of Dnecmrs. - At tfm mmncd ~of.f'tbc Educetaon Committee, held in January, Mr. W. Badumo
limited resources, itis a peddem for as toffnd ways and means 'ng e pr
t support and encoutegement cs staR cared d we are to eduevc te success sn e
c c(
ctc
PA~ E s. d.27 17 620 15 4RECEIFIS fi s. d. ,
E s. d.
To Balance to Bjn.—Cash in Hand. ...... 7 19 I
812 I
By Committee FeesDelegations ..
Salaries-tmy ...... .. . fi216 5 0
Library Assistants. .. 143 16 3Gnmts from Socfety-
Half-Yearly Grant ..576 17 4'
Special Grant. ......250 0 0826 17 4 Employees—
Income Tax (PA.YX.) 17 3 0Unemployment and
Healtlr Insurance. . 20 10 10
Superannuation ..... 17 2 10
Welfare . ............ 1 13 4
Library-Literature ...........%71 11 2Catds and Fines. . ... 7 16 7Members'Subscript'ns 3 6 0Loan of Books. .... . 45 9 2
Sick Appliances ..... 18 ll 65610 0
42 3 05210 0
146 14 5.7 11 10
4311 043315 5 3
Cleaning of Premises. .Guild Grants. ....... .Film Shows ......................
Hire of Amplifier and HsB. . . .....Choir Subscriptione. &c. .. .., ....Teat Books and Note Books. .....Cotrespondencc Courses and
Examination Fees. ... . , ......c.Adult Qass Fees ................Interest-
per cent DefenceBonds . . ........ .. E5 2 0
GW.S. Bank .......... 2 0 11
Cultux'al Educatxon-Senior Choir. ........ 37 18 5
Junior Choir ... ... .. 9 0 0Drama Group ....... 26 9 4()rchestra .......... 4 6 3
4316 63507714 0
Technical Educatfon-Text Bocks, Conespon dence
Fees'. and Examfnarion Fees ..„Woodcraft Folk ........'. ........
Film Shows
Coufexences and Lectures .......' Library and Sick Appliance
Requiiitcs ~. ..„:Affifiaricms xxud Donarions. ... ...Posuxge ........................,Stationery .......................Baxk Commission ... .....Cbikhsn's Camp. ... ............Prapagsnda Conccxts. '. ......., ..
GW.S. Btuk .......EI82.18 2.CsskixxHxtiid:xrcccr"=;xfi 7 9'
8619 21619 631 2949 6 I28 3 6'
7 211Em yxes-
dnemployment andHealth Insurance. . 88 3 9
Superannuation ..... 8 11 5Welfare ... . ..... .... I 13 4
Income Tax (PAY.E.) 17 0 035
Kestwen WAX.C re Children' s9
„Scd&eLighting Equipment. ..... .- 3Conference Tees. . ........... 0Celebrit Lectures. .... .'.. ..... 9"Tom Jones"—Tickets Sold. .... 20
I have exaxmined tbe Educarional~and hereby certify the same tobe correct.
H. J. WALPOLE,C.WS. Audit Otfice. Psbfic Acditsc.
Manchester.29tfc cfprxi. 1948.
6913 628 18 66 19 11512 9157210 0930350.3 I 814 9 5
8 6
10 '30 07 6I 60 0
189 5 11
. Sl)xc 7 cfil184 7 4
10 EDUCATION DEpARTMENT ACCOUNTS —HtdI Yeag ettdud 20th ~gh, 19 L
cx
INVESTMENTS ACCOUNT.
Gaims at29th Sept..
1947
Ihvx den d Wxthdrawal
Peopk's En~t Society Ltd. ...Coopenxtive Yoath Centres Ltd. .... .3% Defence BondsL.C.S. Share Account
Pk s. d.58010 0 0
3'40 0 016 3 4
5 2 0
E s. d.
5 0 3520
c
Sub. CausPo~ Asgmcsl, v
'
7 '. "$, '6 ~
EDUCATION COMMITTEE ATTEbRANCES.General Conk Sub„Com. General Com.
tName Pose. Actual Pose. Acuxal Name .. Pose Actual
Mrs. L Baker ......-........~ 15 t13 8 6 Mr. H. H. Ladlow .' . ... 15 llMt. R. E. Bemrose .. ..--"".15 15 4 4 Mrs. E. Leggate ..... ....... f5 15
Mm. R. IL Brown ............ 15 15, 5 3 Mr. A. Marston ... ...... .. 15 15
Mr. W. BuckuaIL. ~... ~ -.-"~ 15 - 15 — — Miss A. G. Whittslker. ....'. ... 15 15
Mm. D. hL Dixon ........,.... 15 -. '- 15. 5 3 sMrs. F. Lsventon .... ........ 9 27
Mr. E. Goulding .............. 15 13 2 2v Elected November, 194?. t Side 1. 2 Sick 2.
There me SubCommittees for~tural Grouper Library and Side Appliances; and reptemntativesthc Joint Committees fot Tedmical Educsrion and International Cooperative Day.
LINCOLN SOCIETY CO-OPERATIVE pARTYREPORT FOR YEAR ENDED 20th MARCH, 1948.
Frfhmfffasf uv.
We have pleasure in submitting a report of the activiYies of the local ~ative Party duri ng e year.
May ftuy.—ln conjunction with the Labour Party and Trades Council we took part in the May Day celebrations.
frk. J.BaBcy (Ganef al Secretary, Co-operative Party) was the speaker at a joint meeting of the three bodies, on Sunday, 4th May,
1947 Arrsngemcnts are now being made for this year's demonstration. Mr. H. G. Clods (Education Secretary, Lincoln Society)
bm accepted an invitation to give an address on the worlr of the Cooperative Party.
)(.CL. Meeting. —Mr. W. Coldrick, hip. (Cjurirnmm Coopenuive party) was one cf the spsaluus at a meeting orgsnimd by
dn National Council of Labour, in the New Hall, on 22nd June, 1947.
Propaganda Meeting. —Mr. W. T.Adams (Cooperative Labour MP. ,~th) was the speaker at a meeting held in thc
New HaB in October. We regret that the aunndance was disappointing, and your Exccutivc Committee, after giving careful
ccmidsrarion to this matter, decided that the time was not opportune to carry out their intention of holding mcntfdy racetings.
Municipal Elections. —ln response to an appeal for help from the Labour Party many of our members gave their services
daring the Election campaign.
Aanual Conference. —The Party was m~ at the Annual Corderence, and the delegates gave good reports of the
pressed' gs at a meeting of individual members, held 28th April, 1947.
Social Evening. —The New Year's Party, held 16th January, 1948, in tbc New Hall; was welf attended, and a very ucjoyabls
evenmg was spent by all present.
Panel of Speakers. —In an effort to make more widely known the "Aims and Objects" of the Cooperative Party, s panel
cf speakers has been formed, and the Execurive Comnuttee wishes to pain& out that their services can be obtained by Guilds snd~' mganisations on application to the Secretary.
Membership. —The number of indivrdual members at the end of the year was 165, and the Executive Committee appeals to
snd employees of the Society to join the Party and, so help to make its in8uenm felt, both locally snd nationally.
Eleven Executive Committee and three General Council ~have been held doring ths year.
Subscriptions for 1948 are now due.For and on behalf of the Executiw Committee,
G J. BROOKE, haffmssc
A MARSIDN, Sccreary.
STAT~ OF ACCOUNTS FOR YEAR ENDED 2()th MARCH, 194L
RECEIPISToBalauce at GWB. Bank ~
-'~ ~
s.Cash in Hand. Sccetary ~ ".-, lnterus, GWS. Bank . ..; - "~
Sold. .. . . . ....."-~
„SmialEvenmg., Su scripious .
!PAYMENTS
. - By.Prsgmgmrda snd Lfscmtrw
Bud.13 7 0.'413 018610001500310, 0:,-
21 15 0'
2216 6140150084f'53 3 0503
,„.81 19 ll,+'=6 9-018 4
.-144 6 95 9
)$4 99 0
1 have examined the CouAccounts, snd hereby certify the ~correct.
H. J.WALPOLE
C.WB AurBt OIB Pubhc Aud w.
~r'' -'S01L if' 11 3
hr Labour Party" " """""Ev mng". -"=- ".""' "'"""
„Monthly Lsw„N.GL' Mccung
'„'CWX~ fhd. ", C hm~~ """""""""
12
NOTICE IS HEREBY GIVEN THAT BRANCH - QUARTERLY MEETINGS WILLHELD AS FOLLOWS .—
A NORTH HYKEHAM BRANCH PREMISES (Rrprcsrarariacr Mr L B - Ciarl sir Friday, 21st May 1948, at 7-9 panAt NO TH
On the BRANCH PREMISES at: RrprsrsalariccrRrprersarati err
BASSINCHAM ..................... Mrs. M. E. Richards. SLEAFORD . .. .... , . .... , .... . Mr H tpeBs. . ...... , ..... , ....... , .. Mr. D. McNab. MARKET RASEÃ. . . ......... . . ... . . . Mr. S. T. Buttery
WELBOURN ..............,...... . Mr. F. Grainger.
Saturday, 22nd May, 1948, at 6-39 p.m., exceptmg Bassmgham, at 2 pan.
DIVIDEND AND INTERESTWILL BE PAID AS FOLLOWS:
GENERAL OFFICE
MOORLAND AVENUE BRANCH
SLEAFORD BRANCH
TEALBY 'STREET BRANCH
NEWPORT BRANCH
METHERINGHAM BRANCH
MAY 25th—JUNE 5th (mc.) 10 a.m.—5-30 p.m.TUESDAY. MAY 25th 10 a.m. 4-0 p.m.
.=- -WEDNESDAY „26th *11 a.m.—4-0 p.m.
THURSDAY „21th 10 a.m.~4 p.m.FRIDAY, 28th I 0 a.m.M4 p.m.SATURDAY „29th 10 a.m.—44 p'.m.
DIVIDEND WARRANTS MUST BE SIGNED AND PRODUCED ALONG WITH SHARE:BOOK BEFORE PAYMENT WILL BE MADE.
ALL DIVIDENDS AND INTEREST NOT WITHDRAWN WILL BE AUTOMATICALLYTRANSFERRED TO SHARES.
SHARE BOOKS WILL BE MADE UP ANY TIME ON POTATION OF WARRANTAND PASS BOOK AT GENERAL OFFICE OR BRANCH.IF WARRANT IS NOT PRODUCED, PASS BOOKS WILL BE MADE UP AT GENERALOFFICE ANY TIME AFTER THE 21st JUNE.
COLLE CT YOUR WARRANTS DUR ING THE WEEK 18—22nd MAY
vetptpeapooeelpelpelpwptpeeoe'lp 0% cpo cptpo ovvooppopoooeooe ppevoewopcpppooeeeovpepecppcpeeerprrv
THE HNCOLN Trkpftoas¹.1815 (5 lines)
-' CO-OPERATIVE SOCIETY(Estabfisbetf 1861)
LTD.
FREE SCHOOL LANE, LINCOLN
l
J
, w. l
QUARTERLY REPORTfor the Quarter ended 26th June, 1948 .
oI
f:;':p
I1
I
NOTICE 'IS ~Y GIVEN TEATct facA sfftf@q
QUARTERLY MEETINGof Members will be bebI itt Ibe @if nl ort".'a--"'w. lf'"-"
r -e, . Dedaration of the election of Members' jives m C.WS. Meetings to be bsM in1. Minutes of last Quarterly Meeting.
2. Directors' Quarterbt Report. „:arse I e&P„';:et.trr'Ntrv'
3. Decfaranon of tbe electron of Sis~Ehtcation Committee
NEW HALL, FREE., SCHOOL LANE, LINCOLN
on' MONDAY, 16th AUGUST, 1948
COMMENCING AT 7W PJN.
I
NOTICE OF BRANCH MEETINGS IS GIVEN ON BACK PAGEIbtctsr 1
t'tire'v".,tff 'r.'y. - I
AGENDA OF BUSINESS
Co.operative priatiae Society Ltd. , New Moeat Street, Maacheaer 4urt'roe
I
Lincoln Co-operative Society LimitedDirectors' Attendances, Quarter ended 26tIt June, IB4S.
BOARDand FINANCE
'Anen'dances
Possible Actual
GROUP 1
FOODCafe
Dairy, Grocery,Butchery, Fruit
andChemist
Possible Actual
SUfhCOMMITIEES
CROUP 2sllr ctrm
Boots''Drapery
FumhcbfngHairdressing,
Jcwe8er)r., atfhtucg~. ailoring
Paesibk
css acCoaL Fanas,
Worhs, andConfectionery
PassiHc
Cauncilhr Mrs. O. G. Deer (Prcrid«at) . .Mr. F. H. Truswell. ...... . . ..... . ..-
Mr. IL WellsMr. F.~,JJ c ..... . . ...... . .Mr. A. Tuch, JP..... .., ............Mrs. C I. Braohe. .......... .........Mr. L B. Cbuher. ..................Mr. S. T. Buttery. . ..................Mr. C. Dean. ........... . ........ . ..
— Mr. W. H. Msatin . ............ . .. -
1515151515151515151515
1414151514151415141515
7 5
33 2
2
3
5*,6
!,1--;"'-
' ' rci"
jv .4
Ranmagfng Secretary t Mr DUNvCAN McNAB, A.LAA. ,- Assistant -Secretaecy, '~, Mr. S. REIT,'AI+A, .' '
Ptrhlfc Auditor t Mr. H. J. WALPOLE, Corporation Street, Manchester 4.c
POLLING ARRANGEMENTS t
Ehction of SIX hfembers for the Edasation Ccnnmeee. —The fallowing SEVEN Members have been namshtted c
Mr. Wii5am BuchuaB. Mrs. Dorothy M. Dixon, Mrs. Edith A. Carton, Mr. Ezra Goulding, Mr. Edward Herhry, Mr. Cyrfi Dl ltIIrri5s.aad Itfms Annie G.~
.a~, , r s sex c~'d%."'.
R r~ ta C WS ~M~m ~~ted as Country Representative: Mr. J. H. Mcawfield,d as Gty Reprccmntative c Mrs. Ward.
HOURS OF VOTING:CENTRAL OFFICE:
Fnday 13th August, 1948, 12 noon to 3 pan. ; Saturday and Monday, 14dt and 16th August, 12 noon to 5 30 p.m
BRACEBRIDGE BRANCH. SUlhCENTRAL. NEWPORT BRANCH, MOORLAND AVENUE BRANCH:Saturday, 14th August, 1948, 12 noon to 5 30 pan.
COUN1RY BRANCHES (WHERE VOTES ARE TAKEN) -'
BASSINGHAM BRANCH METHERINGHAM BRANCIL WASHINGBOROUGH ~~'~ILBY~SKEILINGTHORPE BRANCH BARDNEY BRANCH HORNCASTLE BRANCH SLEAFOmB~m'
- ' ~RASEN BRANCH.
Saturday, 14th August, 1948, I p.m. to close of Meedng.
. NORTH HYKEHAM BRANCH a d WELBOURN. Fdday, 13th August, 1948, 1 pan «H~
e'WILL MEMBERS PLEASE Np TETHAT BALLOT PAPERS WILL pNLY BEISSUED pN PRODUCTION OF SHARE BOOM~
' -,.WHICH MUST SHOW THAT THE OWNER HAS NpT LESS THAN pNE ppUND SHARE CAPITAL STM &G Tp ~OR HER CREDIT.
' anasvcc
Afr'refers,DIRECTORS' REPORT
1948.
August 16—Quarterly Meeting.
September 15 to 20—Penny Bank Books to be brought in.
tsurbcx 25—Half Year ends.
We have pleasure in submitting for your approval our Report for the Quarter ended 26th June, 1948.(o) Sales.—The Cash Sales for the Quarter (14 weeks) amounted to X6I6,I62. which is the highest figure ever recorded in the
history of our Society. This represents an incmase of fif32,445 over the conssponding period (13 weeks), and after deduction ofone average weak's sales for equitable comps'risen the net increase is fi88,434 or 1Bg per cent.
(6) Membership. —The present membership is 35,809, being an increase of 367 for the Quarter.(c) Wireless Repairs. —We feel that tgany of our members are not aware of-the expert worluusne hip and firsswfassicervicc
we csn offer in this department. Tbitt serviaeie fogy estsbhshcd as a section of tim Furnishing department where inqukiee udff bcwkfcomad and
'
quotations gladly 'given,'
(d) Fruit msd Haeist. —Tbs nssponse to our expansioni n this deparnuent! s most gratifying, and we arc mora than satisfisdwith the results to date. .Tko fluid tfisttl pttspag iiguaaiyics rrexmffy and wacaktieigntn etiB fnomdevefopment in the neer future.
s) 'LT. SeAL Tbe pmsent cattle at Welbourn will be disposed of around the end of July, and arrangements will proceedlor. ~of the new' herd in~ early autumn. We have appointed Mr, C H. Kirby. of Middleton-on-Wc(de, Yerbs..totfrrr'frgeitirm af fftcfpfe~arid sdtb 31 years practical expsnence as a herdsman of dairy cattle we are assured that our
(J) Death Sesmffta Fnml.—From the commencement ot the new Quarter we arc operating this particular benefit —whichmembers knew ae the~Life Assurance Sch~urmlves. No prenuums whatsoever arc payable by members whose'mn~ on pmuhaees. and we wish to remind members that we have a complete Funeral Furnishing Service, whichis always amdotm to assist at the time of a bereavement.
; (y) Motor Coaefa—We are unking inquiries regarding the purchase ol a bus for private hire purposes. S we can obtain 4~uitable vehicle at thc present time we feel certain that a ready response will be forthcmaipg born intr auxJTia(y, orgauuuttkms andsift'ers in the district.
(6) BrsBdingr-Tfm value of re~~k that atm be~+tblmt+ liagnee btitg bctttt r~ fiomgfQ'ga BIB(Itand tothose of yuu who, 'bsve been ptrtfubited fmm decora4(ng ai'elm(gjfit wrt)k in idvgjufigknes kp tbfg emtifgfkm wg)fnvWa ymrapgwe you a quotafion. Wa hope too that panaission wS bctggcs~d ~ tstfjtto 4uld'4'fewfftareftauscsfor prf46tu p fftdmett'on outDoddington Road Estate.
(1) Points Coeds.—For the period commoucing August to Seggember our members camkmkforwardersa ~bfmfrmrmssan suppliei of canned fna't, canned meat, canned figh, and'condensed mfik, .whic)1 wil)89 ftlfunsjjm alfocattgf jrb 6'~ of~stra+
tisus. The prb-war datum bosisbas proved most:urdmr tu Cooperative Sa'cietim, end waitvektbme tfurjl ppgituvm'tyof hk)ng abl4to,'supply more points goods where the housewife buys her most important groceries.
(j) Loans snd Special Loan+ —ln the past we have restricted deposits in these accounts to k?00, but we have dmided titpktce no limit on them in the future. Members have repeatedly complained at having to withdraw their surplus funds wfuch canaccumulate from now on. This does not apply of course to Share Capital which is rintricteil lofi200 by Act of Padisment.
(@ The future dividend which wc will be able to pay is not easily forecast. A faw examples sf decreased profits snd increasedex'fiances wiU perhaps help you to understand what your directors are faced with in tfm immsrfistc future.
I. The price cuts will cost us fi2L000 per annum.2. The recent new wage ageement fifk500 per aumnn3 yllae new increased Health Contributi6'n fi4.500 per annum.
This, as you will see, makes a total of fi34,000 per annum, or an approximate decrease in dividend id 5d. in tbe fk Margins ofprofit in the Dry Goods departments have been reduced by cmything from 6d. to le. in the K. The net margin in thc Grocery i
department last Half Year amounted to 10JrL in the fi. The price cuts and increased expenses will bring this figure down to 5'.Your' Directors are constantly considering thaexpettses problem and cvarytbbttt)romibfe will be done to maintains fair dividend
but you will sce from tfe'abfrsn'that tfutf ta ~5nciaitem'gffr; difficuft.Our sales as you will 4e'e Bavefucreaegd coiisideiably,
'but the faige increases are in the departments where thc margin of profitis smalL We~eel to our;members to purduiee all their rcquiremcnts of Drapery, Boots and Sbpss, surd F mishings st thai'r
own society. nese arc dm Pr(itnwntrtwberartfm ~ is mskbfg(tfte rBvidtmd, qPr(it is)nisi foya)ty tbatm aiu sPsudsut ore- k-'»'-ik-'i "-"--', '. -': L-. -r r.='.Yours mBrfnlfy,
Fo9 and on behalf of the Directors,
DUNCAN McNAB, Managing Secretary.
1948.
September 29—Hsff- Yearly St~.October 25 to 30—Loan and Loan Boo
io
" 4'P,t8,&
NOTICE IS HEREBY GIVEN THAT 'BRANCH QUARTERLY MEETINGS WILL. BEHELD AS FOLLOWS .
At t4OR|1I HYKEHAM BRANCH PREMISES (RrPreseatatioe, Mrs. C. L Br'oohe): Friday, 13th August, 1948, at 7 pan.A't WELBOURN BRANCH PREMISES (Reprerealetke, Councillor 9(Irs. O. G. Deer): Friday, 13th August, 1948, at 7 pan.On the BRANCH PREMISES at Rr'prereotetieer Regle~BASSINGHAM. ..; ........... . , . Mr. W. H. Martirr. SLEAFORD ..... . . . . . . . . ....... Mr. C. DedrcSAXILBY... ....., . . . . ... . ..:.... Mr. H. Wells. MARKET RASEN. .. . . .. . . . . . . . Mi: D. M@+ .
SKELLINGTHORPE . . . .. ... . . .Mr. A. .Tsrchq J.P.Saturday, 14th August, 1948, at 6-30 pan. , excepting Bassingharn, at 7 p~
ue o rr,'; coors —hun erL'c( "r ' r::etI O)
DIVIDEND PAIDTHIS HALF YEAR OVER
K5'O, OOO
+ Are YOU receiving your—full share of this distributionby making all your purchases
— - at- your own shops
IF NOT—THINK IT OVER
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THE LINCOLNCO-OPERATIVE SOCIETY LTD.
(Established 1861)
FREE SCHOOL LANE, LINCOLN
Half-Yearly Report and Balance Sheetfor the Half hear ended 25th ')epterzzf)er, 19lt)
NOTICE IS HEREBY GIVEN THAT THE GENHZAL
QUARTERLY MEETINGof Members will be held in the
NEW HALL, FREE SCHOOL LANE, LINCOLN
on MONDAY, 15th November 1948
COMMENCING AT 7M PAL
C
v:
(
o
C
oC('oo
NOTICE IS HEREBY GIVEN THAT BRANCH QUARTERLY MEETINGS WILL BE HELD AS FOLLOWS .At NORTH HYKEHAM BRANCH PREMISES (Rrpr~ Mrs. M. E. Richards):
Friday, 12th November, 1948, at 7 pan.At WELBOURN BRANCH PREMISES (Ihp~M .D; isk)hk):
Friday, 12th November, 1948, at 7 pun
On the BRANCH PREMISES at i dtspnsestathur Rcprcantutnas
BASSINGHAM ... . ........ Mr. S. T. Battery SLEAFORD ...... . . . . Mr. I BGadra, -;, —-SAXILBY ...... , ..„..„... Mr. C-', Doen
' '-~ MARKET RASEN. . .. Mr. IL Wegs
SKELLNGTHORPE. . IVh F. Grainger"'
Saturday, 13th November, 1948, 'at WO pun. , excepting Bassingham, at 7 pam
eoenuive Prieiisa
Ljgco/Q Co-operative Society Limited
OFFICERS OF THE SOCIETY:
President: Cou'ncillor Mrs. O. G. DEER. Vice-President: Mr. A. TUCK J P
Directors:
*M. F. H. TRUSWELLi Mr. H. WELLS; Mr. F. GRAINGER, J.P. ; Mrs. M. E. RICHARDS;
«M .C. I.BROOKE .«Mr. L.B.CLARKE; Mr. S.T.BUTTERY; Mr. C. DEAN; and' Mr. W. H. MARTIN.
M t ~~etottt 1 Mr. DUNCAN M NAB, A.L.A.A. bassist t S retortt 1 Mr. S. BETT, A
gpprooed Attdttor 1 Mr. H. J. WALPOLE, C.W.S. Audit Department, Manchester 4.
*Denoms retiring members eligible for reelection. Mt.' A. Tuck, J.P., retires under the age limit rule
AGENDA OF BUSINESS.5. Nominations foi Two Del egates to atte
C.W.S.Quarterly Meetings. The meet'
May is restricted to members residing~country districts; and the meeting in ~s'Icgnext to members residing in the city"area(Rule 83).
6. Election of Scr'utineers for voting at the;;.Central, Sub-Central, Moorland Park and ~.
Newport premtses. on Saturday prior to the',* a kj'
Quarterly Meeting.
t- t7. Election of Scrutineers. for voting on the dayof the Quarterly Meeting
'Tg Questions.
ndthij "'::-.',-'::-;&&.
1. Minutes of last Quarterly Meeting
2. Report and Balance Sheet for the Half Year
ended 25th September, 1948.
3. Appeals and recommendations of. the
Directors:—
(a) St. John Ambulance Brigade, f12 2«.
:". (b) Lincoln and District Ambulance Society, .R2 2«.
4. Nominations for Five Directors.
SPEAL (FERAL MEETING.
(To be held at the conclusion of the Ordinary General Meeting. )BUSINESS:
To consider proposed akerations to Rules as recommended by the Board of Directors to concentrate
all elections to the Meetings in February—
Rule 83.—Members' Representative to the C.W.S.Quarterly Meeting. —Lines 14 and 15: Delete"
May
or November for the elections in February and August respectively,"and substitute
"November
for the election in the following February."
Rule 84=Education Committee. —Paragraph (2) line (2): Delete "August " and substitute"February.
"
ELECTION OF EDUCATION COMIIITTEE.
Result of Voting, August .—Mrs. D. M. DIXON (198); Mr. W. BUCKNALL (196); Miss A. G. WHITTAKER (175);',
Mr. E. HARLEM' (157); Mr. E. GOULDING (156); Mr. C. D. MERRILLS (151).
The fo'regoing elected to serve for Two years: —Mrs. E. A. GARTON (123).
SOCIETY%' CAEENDAR
December
December
February
1948.
November I~arterly Meeting.
16 22 Dlvlclend Paid.
"''MLoan and S.P. Loan Books ready.
1948. ; =: j13—Share Books made up.
24—Quarter Ends.
21—Quarterly Meeting.*""'" ' "' ""'""' '
DIRECTORS' REPORTFcff«c Mr«ficrr,
We have pleasure in submitting for your approval and adoption tbe Report and Balance Sheet for the Half Year ended
25th September, 1948.
(a) Sale«—The Cash Sales for the Half Year (27 weeks) amounted to fil, 235,639, an increase of fi239,450 over the conesponding
period (26 weeks). After one average weelr. 's sales have bean added to the 1947 figure for equitable comparsmn the net increase is
Ifi201,135 or 19I per cent. This~achievement has made inroads inta the fi3.000,000 goal which was made our target
six months ago, the annual sales having now reached ff2,301,800. Our thanks are due to the increased loyalty of our members whose
avrzage weeldy purchases are fil 5s. Qd. , and to aB members of the staff for the very great efforts they have made.
(6) Membership. —The present ~p is 35,839, which is an increase of 397 compared with last Half Year. I
l
(c) Balance DispesaMa. —After paying Interest on Members' Shares fil 5 648, depreciating our Buildings, Fixtures. grc. by fi16371,there remains a surplus of fi66,454. We recommend that dividend be paid on Members' Purchases at the rate of la. 4d. in ths fi
and that fi597 be allocated for Educational purposes. It is gratifying to be able to maintain our rate of dividend when the tendency
throughout the country is for thein to fafi. and this has only been made possible by keeping a watchful eye on our expenses. At the
same time we have made afiocations to necessary reserves and stepped up the depreciation rates which have been neglected by our
8 So«ety for same years due to EP.T., and wc hope to continue with this policy.
(d) T.T. Harsh —The Lincoln Reds bade fareweB to Welbourn Dairy Farm during the Half Year, and a growing herd of T.T.Aryshire cattle are now in residence supplying our Dairy with an increasing quantity of milk.
(c) T.T. hffifk —Those of our members who have bad deliveries of this nalk are delighted with its rich creamy quality. Wc are
very pleased with the demand for this new venture, but unfortunately ths orders for both TT. certified and TT.~far
exceeds the initial supply. We are installing the necessary plant for our own Dairy herd to produce certified milk which should
eventually enable us to meet our requirements.
(f) Price Cut« —After careful consideration we have decided to suspend the price-cuts which were introduced last Aprih It is
evident that the example of the movement has not had the desired effect on the national economy, neither has there been any evidence I
of increased registrations to benefit the Society.
(g) Travelling Pish Sbsp.—Our first Travelling Fish Shop is now on the road servicing the St. Ciles and Moorlsnds areas on
alternate days. Those of you who have seen this vehicle will be aware of the hygienic method of distribution which we thudr is
essential, especially in the sale of fisfz1
(h) Xmas Bazaar.—Encouraged by the successful Bazaar we hdd last Xmas we are repea6ng the show this year to be opened an
20th November. at 11 a.m. Last year's Fairy Glen will be replaced by a nautical ttraction "Saucy Sue,"
which will appeal greatly
to the kiddies along with the presence of Santa Claus. Save your present ~oys and ether~you have visited the
Bazaar.
(i) Cafe.—We have in mind the convenmm of the New Hall into a Crde on the moat modem lines. It will still be booluible in the
rq veveningz with or without the catering amciYies and at the same time give us the most up-t~ Cafe in the city,
(I) Cafe An«axe. —It is Ixjped that the quidsecrvice Tea Room, which we are installing in the present Cafe Anneze, will be ready
for opening in the spring of next year. Sujbddc equrpmnt for fittin out has been ordered and we are going ahead with th'e project
as soon as deliver% have been cffect«L
(k) St. Giles~Site.~apphcation for a shopping site in the centre of the St. Giles estate was turned down by the .
Lincoln Corponition, but they have stated that our application wjB be considered along with others when tenants are chosen for the
shops they intend to build.
(I) Hire Purchase Scheme. —All furniture is now unit~ to everyone, and those memberz who would prefer to spread then
",'sr', i 4-: '0 payment over a period'up to two years may do so by means of a Hire Purcham agreement. You are invited to visit our Fern'shing
anddElectrical departments, where our stsff wifi explain the schcum and assist ymr in evrzy way possible.
(m) National Membership. —The National Ezccrmve has decided that ttds scheme shall start on Monday, 31st )senary, Ngjk
National membership enables a member of a ~ative society to shop at any other ~perative society and aut~ mseive
dividend in their own Society. We have been allocated the code letters L N which should be given in addition to the maker"rrfibam
No. when malring purchases in the shop of another society. All purchases will rank for dividend, including f~tmd~is ehm made for tba transfer of a.member'9 cspjtal who moves from, t ne area to another.
Yours faithfully,
J'
OLIVE C DEER.DUNCAN
STATEMENT OF ACCOUNTS
For the Half Year, 20th MARCH, l948 to 25th SEPTEMBER, l948
Dr. I—CASH ACCOUNT Cr.'
To Sales
„Capital Account XII.—Members' Shares ....Loans
Special Loans. .....'Penny BarkSupenumuation Fund
Stamps Sold ........
E s. d
1235638 17 8
fc39249 5 916141 9 11
30011 2 64063 6 7
2699 18 1
2417 17 094582 19 10
By Goods Purchased .. .
„Capital Accaum XII.—Members' Shares ........Special Loans ...........Penny Berk~nation Fund ...Savings Stamps RedeemedRedaimed Share Babmces
s. d.93%92 14 3$
4016 4 7
137806 10 521152 2 650833 5 612884 10 84829 19 102012 2 0
018 7
943908 18 IOI
229519 9 6 "'j
„Expenses Account III.—Sunrhy Rents, Halls, gic. .....Banlr Agency Comminaon ...Strong Raom Fees. ...........Pace Books. the
N.H.I. Allowance. ...........Midland Laundriee Association
Commission
1782 18 075 4 9240
165 10 0183 II 0
559 ll 4
2768 19 1
„
Investment
Account„Mortgagee—House Property
Hans Property Survey Fees . . . ...„Trading Gub„Expensm
21086 11 4
15189 12 75610 0 0220
40543 2 6.206500 1
„Additions-Agricuhural Property. ........ 225 0 0Land and BuihEngs ......... 14000 0 0Motors. ..................... 3939 8 8Fixed Stock ................. 2748 4 2Faun Implements. ........... —173 18 6
Sale of Landend Buildings . .Live and Fplcd Stock
u
„Agricuhural Land .~-
Farm Implements. ...
E996 17
4141 8239 17107 5115 6104 16
85 9 06I
0
5715 9 10
„Trading Gab ................;............. 38504 2 9„Repaymen~rtgages .................... . 8049 9 1
Inve hneius Account. ....................... . 129852 6 0
,.House Property Rents ......... ......... .... 604 10
„later-Trading Commission ... ............. . 111 15 1
Life Assurance Chums. ............ 1941 3 9Rebate. ."~ ..-..... 1546 2 7
„Employees' Income Tax .... .. ".. .. -. . 5842 14 0Welfare ~ ...... ..... 930 8 8Savings. ~ -"~ -----., ;,.......... 1059 6 0
„Workers' Travel Association. ..- ...... . 225 I 8-„bEdiand Coop. Convebecam Fund;;-. ..... 3 15 0
Tarsi Receipts ................. .. 1527I5? 10
„BankWithdrawals ....., .-................ 1176160 4 3Cash in Hand 20th March. 1948..'....... .... 3228 12
, Subecnphons and Donauons-ttucuts tyInncr~Pens . . . . .. 04 0 0rguuas'e Child Coarser Fund. ... .... . i0 0 0NdkP. CC. .I.................... ... . . .. 5 5 0
„Dividend and Interest ................ . ., ...„
Inter-Trading Commission„Non-Members' Dividend., Education Grant„
Income Tax—Schedules "A"and "B" .....„
Income Tax deducted from InvestmentsIncome ....
„Collective Life ssurance Premiums
..CoBective Life Assurance Payments. ~.......„Employees' Income Tax ............~. ......„DeathBene8ts Fund. ....................„Employe'es' Welfare Assocition. .............
Savings'. ... . ....„Workers' Travel Association . . .., .....
„Itfidfand Coop. Convalescent Fund ........
Total Payments ... ....Bmk DepinitsCash in Hand 25di Sept., 1948....
" 24 16-0
20621 6 295 21150 10 10
590 14 09610 6
2268 14 .8--1816 19 81941 35842 14 0574 16 6930 16 81018 7 6227 I 8
915 0
1498469 8 4
1205560 8 11Iei I II, ,
E?706841 7 7. :,
. Dr. II—BANK ACCOUNT
8 s. d. 8 s. d.
To Balance, 20th March 1948.. 4737 15 7
„Deposits.—Cocrp. Wholesale Society Ltd.1084634 4 3
Midland Bark Ltd. ....... 120935 4 81205569 8 11
8 s. d. 8 a d.
By Withdrawals .~p.Wholesale Society Ltd. 1054927 7 11Mdlend Bank Ltd. ........ I 19908 19 6
117466 7 5Bank Charges ............................ 1323 16 IO
„Balance, 25th Sept. , 1948.—CW.S. Limited. ........ 827853 3 I
., Midland Bards Limited ...... 6293 17 234147 0 3
81210307 4 6 R1210307 4 6
III—EXPENSES ACCOUNT
B s. d. 8 s. d.Ta"'%"urges. Rraductlva. :; . .;;.; "52485 ..;7 4f
Distributive. ........ 107I46 9 IICarting. ............ 9171 18 11
168803 15 5„Committee Salaries .......... 225 10 0
., Local Committee Expenses. .. 12 16 6
„Audit Fees. ... . ............. 210 0 0
448 6 6197 3 0
6490 17 ll710 3 0
.. Rents ................ , .....
.. Rates
.. Insurance ....... , ..........„National Health & Unemp.
Insurance 5218 4 712616 8 6
..Repairs .................... 11044 16 9„Casand Ehctrichy. .., ...... 3433 11 I
„Telephones ....... .... .... 841 18 915320 6 7
*. '„Transport .................. 10073 13'
g ................. 36 !2 7
„Stamps uruLChertue Books, . '922 13 4
„Traveging ...." .'~':.:..r..,,... , ::-Tt73 3" 3, De%gates .......,,...,',....... 158 16. 5
-„Coal,Coke. &c...~g-...i.. 3108 7 9Quarterly' Msethrgs, .. . 11 10 6
n Ckmmng .... ......-........ 454 2 38
ss Prrdessianal Charges ........ 408 0 4
.Workmen'v Compensation .. 149 0 8,', Bank Charges. ........ ....... 1323 16 10
21544 19 8
x6 F
c
- 218733 16 8
lntmuet as per Account V, ~ - .~..... 1081 10 0
', 't.- "i+' "' "'
as per Accoants IX. & X. ~ - 16270 5 5
5400 i
445 10 6
2768 19 I
„House Property Mortgage s~t XL-Insurance. .......".~
Survey Fees ....~ - ..85 9 8
4 4 0
..Net Expe ta Accaum VL
89 13 8
91006 12 4141720 16 6
232727 8 10
t
4s'it~i;i"'=,'---
By Interest Chargeable Hoses PropertyRevenue A/c. IV. ... .... ...... ........r. .. ... ..........................s to House Property Accaunt
o. IV.. ... ..........................,. Sundry Rents, Halls, &c.... 81782 18 0„BankAgency Commission. ... 75 4 9„Stmag Room Fees. ...., ..... 2 4 0„PassBooks, .&c.............. 165 10 0„N.H.I. Allowance .......... 183 11 0
„Midland Groperadve Laun.Commission. ........... 559 11 4
6
Dr IV—HOUSE PROPERTY REVENUE ACCOUNT Cr.
To Repairs . ..... ............, .....„Rates, Insurance, gtc.
„Interest Credited —Account III.
„Dsprccaion ........... ............ Balance ta Account VII
s. d.221 2 0224 8 6
445 10 654 0 0
100 0 04 19 10I
2202 tt tt
By Rents. .. 604 18 ~,
mt tt s";,:.
V—INVESTMENTS REVENUE ACCOUNT
To Interest as per ~Xll. . .,. Balance to Account VII .......
E s. d.27945 14 1 II
684 15
By Investments Account XL— 8Interest on Shares .......... 1693Interest on Loans ........... 24211Interest on Mortgagee ....... 1614
Interest Charged to Account III
s. d. B s. If'„:.9 52 98 3
1081 10- 8.;y,:4': .f228630 10 5'
VI—TRADE ACCOUNT
s. d. E s. d.To Stack in Hand, 20th March, 1948 .... ........266782 0 0„NetPurchases ............................... 947745 18 7
., Praductive Expenses .. ...................... 9'1006 12 4
., Distributive Expensm ..........EI41720 16 6„NetSmpkrs to Accmmt VII. .... 78944 12 8
220665 9 2
ByNet Sales .....,s:; ..:..............., Dividend on mtcbmrtea ............„Tranifers—Expenses„Stockin Hand, 25th. Sept. , 1948
.....1235632 8'
10334 I:I
..... 2106(i9 Irt
f1526200 0 I
To Members' Share Interest. ... .....„~'Dividend
,.EtIucational Grant.Balance earned down. . --.
16297 1358092 14 8
590 14 0.'285 I ll
VII DISPQSASLE, BALANCE'. AND FINAL REVENUE ACCOUNT
By Balance Disposable„Members' Share Interest Provided .
Ef5282IS, 0:"",
59008 '2
f6257'2,''"
75266 3 10
f0 1016 019 8
1' 32
2 02 110 00 00 tt
19 9
4188225 97
,.Non-Members' Dividend. ..................ons and Domuians ... ............. 24
„CaUective Life Asmuance Premiums .... .. ..... 1816w „Superannuatioa Fund. ........................ 3620
„Income Tax 42 Land Tax ....................
,.Appropriated for Members'Sham Interest Due. . 15648„
Inter-Trading Cemmimian ............... ... 95„,Allacation to Death Benefits Fmul ..., ..... .. 1000„
Income Tax Reset've Fmsd. ................ . 3000„Flour Mills Contral Reserve„. ....... ..... , 3000,. Trading Club Reserve Funds.
Balance Disposable ra Account Vllf .... .:..= 66453
22222 2 ttt
,.Bahmce bmught down ..:........... , ........ 285 I 11
„Balance fram Trade Account. ................. 78944. 12 8,„., Bahutce fram Hause Property Revenue Account 4 19 10I.=':q
., Balance fram. hrvestments Revenue Account .. 684 f5 ',3I2'72
collective Life Assurance Rebate ...., . ..... 1546 2 Fits'r
.. Interest on Members' Shares aa per A/c. XIL.. 15648 B .@~-'-
se Inter-Trading Cammission. ................. . '111' 15 + '-
II
k97225. '
et 2 j
tu
VIII—BALANCE SHEET OF FUNDS AND EFFECTS AS AT 25th S~ER, 1948LIABILITKS
Share Capital. ..........Share Interest Due. ..... ...1271108
15648
~. d. 8 ad.19 72 0 ~
1286757 I 715 51,6 4'3 94 54 4
12 010 0 924421 16 3
03 60 00 80 0
74515 3 6Total LiabiTities and Reserves as pm
Account XII. t. .......................Creditors—
Goods. .........................892612051
E.P.T. ContingencyCoal Accounts paid in Advance 96
Bread and Milk Cbedcs Outstanding 363
22056114 I 4
568218 7j
20000 0 0710 0715 2$
137733 Io 666453 19 9Balance Disposable as per A/c. VII. .
Loans ... .. ............,........... 232902Special Loans .................... . 436059Penny Bark ....., ... ............. 130415Superannuation Fund ............. 123225Undaimed Share Balances .... ... .. 88Undaimed Penny Bmdr. Balances ... 54Stamp Qub ..... . . ................ 1161
Reserves and Other Funds-. Germral Reserve Fund ......... 53375
Death Beneots Reserve Fund. .. 8575Income Tac Reserve Fund ...... 7620Trading Qub Reserve Fund ... 1570Ffom Mills Control Reserve ..... 5375
ASSETS E s. d 8 s. d.Stock in Hand ............, ..... . . 270660 0 0Land and uildings ........ .... . . . 187000 0 0Plant, Fixed, and Rolling Stodc. ..... 63868 13 I
Agricultural Property . ......... . .. . 13900 0 0
Total Used in Trade. .... ... .. 264768 13 I
House Property ....... ....... ... .. 6950 0 0271718 13 I
Investments—Shares ..... .................... 08072 2 9Loans .................... .... .1698440 8 0Mortgsges ............... ...... 88231 17 4—1874744 8 I
Debtom-Msmbers. &c. ... ...... . ........ 18505 19 0Trading Qub. .................. 14618 19 5
33204 18 5Expenses Stock ................... . , . . . . .... . . .. 2204 12 10Accounts Paid rn Advance ........ . , .. . , . . . . . . . . 390 9 0Cash in C.WS. Bank, 25th Sept. , 1948 827853 3 I
Cash in Midland Bank, 25th Sept,1948.. .................... . .. .. . 6293 Il 2
34147 0 32802 9 11Cash in Hand, 25th Sept. , 1948 ..
82489881 11 7 82489881 11 7
AUDITOR'S REPORTTs thc hfcrrdrcrc oj thc Lincoln Cectrcrctim Sedctg LimitaL
Ladies and Gentlemen, —The undersigned, having had access to all the Books, Deeds, Documents and Accounts of theSo'ciety, and having examined the foregoing General Statement and verified the same with the Books. Deeds. DocumsnmAccounts andVouchers relating themto. now signs the same as found to bs correct, duly vouched, and in accordance with law.
Audit Ofhce, GWB. Ltd. ,Corporation Street. ~ter. H J. WALPOLE. Atrp~ rfrrdttor.
30th October, f948.
IX—LAND AND BUILDINGS ACCOUNT
Business Property. ..griculuwal Property
House Property. .. , .
PreviousCost
R s. d. E s. d. E s. d.363219 14 I 14000, 0 0 99617 631574 I '7 225 0 0 115 .6 01?3?9 lo 7
Total Cost
8 s. d.376222'16 731618 IS 7173?9 Io '7
Depreciation
8 s. rL ff s. d. E s. d.100405 14 I 8817 2 6 189222 16 7
17504 I 7 279 14 0 11783 15 711829 10 7 100 0 0 10429 10 7'
25th ~k.1948.
NominalValue
412173 6 3 14225 0 0 1112 3 6 425286 2 9 208239 6 3 9196 16 6 217436 2 9
X—PLANT, FIXED AND ROLLING STOCK ACCOUNTNominalValue,
20th March.,.I98L,
E acL28543 1716000 0 03780 0 0
18580 0 02050 0 0
68953 17 7
Fmed Stock .."Motors. ..... . ......Milling Plant ....Dauy Plant. .....~
-''Fana Implements ..:
Fees, Fines,and,Forleim
Lms Sold Tetal
~. cL100 O 7
a d.27150 13 81969911 03780 0 0
18472 15 0
E acL4141 8 I239 I? 0
E ~. d.2748 4 23939 8 8
107 5 010416 3l?3 18 6
4 71222 2 ?6861 If 4
2119 2 3
1800 7
E ad.1652 O O
2799 II 8420 0 O
2072 15 0229 2' 3
7173 IP'll
a rL dA', =-
2331013 IIORI O 0: "=,":—+"0000 0 016400 0 01890 0 0
68060 13 I
",, ;,',:Amfft",
Iffy--. ;::,A+—mvtsrttsNTB ACCOUNT
B has I
TransfersWithdrawn to
Loans
"I
25th, '~~Ltd. .Socmty LtrL ..
Coopma&ve Press LtrL. . . ...Prod. Society Ltd. .. .
idSQk Mfg. Soc.Ltd.Leicester Carriage Builders Ltd.hBdhmd Boot Maufns. LAIL;:.Northen» Product've Soc. LtcLSperops Boot Manftm. Ltd: ..
Mid. Coop. Lauadries Asso. . .Excel Hat 8r Cap Society Ltd. ..I'eople's Entertainment SrxsetyCoop. 'Youth Centres Ltd. ....Permanent Building Soc.Lincoln Hide ft Skm Co. Ltd. ..Sundry ...;,............ ....
33552335552f555443245
s.'d: '886605 0 0
50 0 025 0 050 0'0
1500 0 0IO 0 050 0 Q
10 0 025 00'20 0
'50. 010 0 0:ro o 0,
200 11Iloo 0 0
27 I 4,109 15 850 0 0102 7.
159 Io 0
s. d.1623 16 lo
115 5216 3013 9
2210 0
015 0012 6
117 6
15 0 01610 0
022700
s. d.9101 15 5
7f2 3910 6
37 0 3
0 3 I156IO 5 8
291 8 3
105 4
s. d.97330 12 3
59 7 837 6 95013 9
1522 lo 0470350 0 01015 025 15 721 5 662 3 2lo 0 01000
215 II1407 18 3f27 I109 15 850 0 010 4 9
166 lo105 4 4
8 s. d.
97812 6 9
37 0 3
015 0015 71561232
15 G 0307 18 3
700105 4 4
8 s. d.12725 12 3
013 922 IO 0
50-0 Q1500 O O
ID 0 050.D 0
25 .If 0
Io 0:.0:200 f1 0 '"
lloo 0 Q27 I 4
109 15 850 0 010.4 9
159 IO 0
98072 O 7 1693 9 5 . 5 3 101329 15 3 508 16 6 12748 16 0 DII072 2 9;;!,
CWS. LosesCWX Fixed Derxsst. .. .....-CWS. SpmmlWigston Hosiers LIIL .... ..,Mf'g ~Ltd. ....
Building Sac.Ltd.Cooperative Prese Ltd. .. ,.Pmduc&eSon LIILS
B b y fk Co. 4d. @d„.)..-..
War Stock, 1955-59... ... ..Wm fkmch. 1919-5I ..S ~~.1%0-78....„Sevmgs Bonds, 1965-75.....„British Transport CsrmStock ...... ...... ....,.,Defmme Bends, ....,
22 .
2k
3:4-",
PF
50 11 Jf43 0:.
2100 0360 0
2800 0:D101812 Io .0H617 169993 16
fDQQQD 0. D90000 0
'
25000 0
11038 12 7
3811 03IDI 0
Tnlnafmsfram
Shares12725 12 3257 13 6
-993 13 446742 18 5
410 00'2 0866 6 7
5 3 711510
22 Io
26 516 4521Q 0
1812 10 0. 273 00150 0
1250 0' 7350 0f 375 0
28 85 2
4000 0 050000 050000 0
410 0
26 5 016 4 052 Io
1812 10 0273 0.150 0
1250 0 01350 0 0375 0 0
3839 8345 2
28 8.520
24ml 18 465842 14 7
1295907 3 8304 IG 0
917 3.84882 4 Io
545 18 652 7 943 00
2f26 5 0376 4 0
2852 lo 0BB625 014890 16
- 10143 16101250 091350 0 025375 0
21 18f5842 14 .
1245%7 3300 0
9 I2;:81882 4:
545 ID i
2808'8 8101812'lD 0
14617 16 49993 16 9,'
100000' 8 8:-"..90000 0 IP,-;."c25000 O fUI:""
381 I
5189 12 24211 2 fffNI 16 0 IIIV783 17 29343 9 6 1608440 8. D:. ;, I
5610 0 1&44 .8 3 .91 15 %281 & 5
ffapaym'»
81749 9 f 8823f 17 D', ,
Xll—LlABlLlTIES AND RESERVES ACCOUNT
Members' Shmes ..
Balance,20th Marcli,
1948
0' s. cL.. 1332249 12 4
604 2 I I5412 0
235342 4452552 ll I137523 17119347 12 I I31667 0 08030 0 04550 0 0
21100 0 0920 0 10
375 0 0755 15 .0
Undaimed Share Balances. .....Vndaimed Penny Bank DepcnitsLoansSpecial Loans . .......... . ......Penny BankSuperannuation Fund ... . .... ..Reserve Fund . ...... .... .......Death Bene6ts Fund. ..........Income Tax Reserve. ......Trading Club Reserve .....Investmenm Reserve Fuad .
v
Flour MIBs.Control Reserve'Stamp Qub. ....... . , . ..
Contrilnrtionsand
TransfersInterest
16141 9 ll30011 2 64063 6 72699 18 I
(TJ20933 0 01000 0 03000 0 0
150 0 0
3000 0 02417 17 0
2571 3 II4328 18 31712 102387 0 0V5 0 0120 0 070 0 0
320 0 013 00
. d. d . d.39249 5 9 15648 2. 0
DispoeabkBalanceAccount
3620 13 3
n37511 3 6
d . d.1424658 3 7
604 2 II5412 0
254054 17 II486892 ll 10143299 14 5128055 4 353375 0 09150 0 07620 0 0
21570 0 0933 0 0
3375 0 03173 12 0
With dravrale41 Tranafcm
. d.137806 10 5(F) 94 II 7
018 7
21152 2 650S33 5 612884 IO S4829 19 10
574 16 6
QNGQ 0 0
2012 2 0
Balaace,25th Sept. ,
1948
0 s. d.1286757 I 7
603 4 45412 0
232902 15 5436059 6 4130415 3 9123225 4 553375 0 08575 3 67620 0 01570 0 0
3375' 0 0116»0 o2945072 .7 4l 122665 19 10 27945 14 lip 41131 16 9 2536815 18 I I 251 121 17 2285694 I
(F7 Forfetts and Fines (TJ Transfer
FARMS ACCOUNT FOR YEAR ENDED 25th SEPTEMBER, f948
To Stock and Valuation, 27th September, 1947„Transfers from ~ts ........... . ..... ............... ....,. Wages ........................................., ...............„ Interest and Depreciation
., Profit. ....... ...... ... ... . . ...... ......... , .... , ....... ........'-At:."-'". TotaL. ............................Cr.
,. Stock and Va&eksa. 25th eptemfiei; (010t.;„,. (aa ..
Brancten
s. d.N3V 0 032V 0 0
157 0 03669 0 0582 0 0
1322 0 02591 0 0
0 edcL8926 0 0I123 0'0
H926 0-0
s. d.2317 0 0992 0 0173 0 0
2434 0 0135 0 0734 00
f473 0 0
; 0 ~.cL1921 O O3885 '0 02452 0 0
se'd . d.4687 0 Q5798 0 0378 0 0
2117 Q 0187 0 0
1344 0 0
14511 0 0d: d..2i'20 0-02414 0 08615 0 01262 0 0,
Total
~.cL17381 0 010067 0 0
708 0 08220 Q 0904 00
21975. 0. .0:c050:::0 0 14511 0 0
ER, l~'IR
ToStock and Work in hand, 27th~,1947.. 30860 0 0..Ddu 27th ~.1947..........., ..., . , 2N5 0 0-~."".......... ............ .... ..... 76704 O O., Trsaefers horn Depernneats. ........., ........ 1(Q07 Q Q.. Wages ......................... , ........ . 37166 0 0
8540 o o,.Prcot. ........r. .............. , ...:.........dd 2121 0 0
. c1ddde
BySddes .............. . ... , ...., ....t-,.;,d' 0' 0..D b .2' ~b, 1948............,". , '„Transfers to Detmrtments. 6. ..........'."„Transf~and Services. . ' ~' ', dW"„Stadtand Work in hand, 25th
. . 0167861 0 0
IO EDUCATION DEPARTMENT ACCOUNTS —Half Year ended 25th September, 1948.
RHXIPTS E s. d.
To Balance to Begin.GWS. Bark ... . ... .182 18 2
Cash in Hand. ...... 6 7 9
Grants from Society. . .... . .........Libmgy-
Literature ...........846 5 0
Cards, Fmes, & Subs. 9 3 5
Loan of Books. ..... 85 5 4
Sick Appliances ...., 22 3 10
Concerts and Film Shows. .......Choir —Subscriptions, Concerts, gcc.
Trade Dividend. ................Bark Interest ......... ....... , .,
Text Books and Note Books. .....Tecbniccd Education Repayments
Celebrity Lectums. ..............Drama Section. ....... . .........Children's Harvest Camp .......Emplayess-
Insurance. ..........8.1 4 0 I
Supcrannuatian ..... 7 11 4
Welfare Fund. ..... . I 16 0Income Tax (PAY.E.) 23 17 0
Withdrawal cd 3% Defence Bonds
MisceBaneous
8 s. d.
189 5 11
590 14 0
162 17 7
1016 75819 6
I 8 6213 5419
1316 9613 0
15 18 0146 5 11
47 4 5
340 0 0
PAYMENTS E s. d.
By Committee Fees ....... 27 5 0
Delegations . 69 0 11
Sahuies-Semetary .......... 254 0 0Libncry Assistants. .. 153 0 3
Emplayees-Income Tax (PA.YE.) 21 10 0
Insurance Stamps ....29 6 6Superannuation ..... 15 2 8
Weifam Fund. ....... I 18 0
aeaning of Premises. ............Guild Grants. ................ . , .Cultural Education—
Senior Choir. .......8222 9 7
junior Choir. ....... 14 4 6
Arts Theatre Guild .. 40 6 0
A88iation. ......................Concerts, Fihn Shows, gcc. ..Li~Rectuhdtes and Sich
Literature .......Postage and Snctionery. .........Conferences and Lectures
Children's Camp. ...............
E s. d.
96 511
407 0 3
6717 2
3911 352 10 0
277 0 I
015 014 4 3
50 8 I
35 18 I
1918 OI32 .5 ~ 0
102 14
5
I h ve emmuned the EducanonalAccounts and hemby certify the same to-be canect.
R J.WALPOLE.Approccd Awlitar.
C.WS. Audit Olfice,Manchester.
30th Octsber, 19fg.
EI594 0 I
Tnrstee Savings Bank. ....' ...,... - Zi0' 0 0 2cl'
Technical Echrcation ............. 7 14 4
Miscellaneous. ...........-....... 18' 6 10
CN Bark- '- '- ABgedk-"'-ll-'neck "4&-'-''=': .s
Cash in Hand' ' ' ll' .2
121"11 '0
61594 0 I
INVESTMENTS ACCOUNT
Chdm ~ at22nd Marcfa
1948
!„Peoples Entertauuuem ~,fctcL,
' .','.........Cooperenve Youth Centres Ltd
,c3+.Defersm Bands ....... .....'..Trustee S mugs Btmkccc. '.-..~ ...„
E s. d.58010 0 0
340 0 0
21 3 2
376 11 7
0 11 11250 0 0
250 0 0 340 0 0
58010 0 0
ct d::c.,;
-" -- EDUCATION COMMITTEE- REPORT
Mcmkrs,
We submit hereunder our Report for your consideration and adoption.
CULTURAL GROUPS.'
(s) Choral Association. —The Senior Section is now under the conductorship of Mr. F. Strepps, and 'has met for rehearsals
throughout most of the summer in preparation for the Choral Feitival of thi, Mitfhuuf' Coop'erative Choasl Assorietion held "at
Wellingborough, 25ih September, whew although Lhumln did not jrin a;trgpfxy tBey' give s iicry good peifoimaiice'add received a
great ovation; the Ladies' Choir were only four pou'xts behind:. thii w'hmem.-'
Several invitations have been accepted for the Senior Choir to render public concerts locally in the near future.
The Junior Choir is gradually improving ~,axnl xgoxdily, butn mum rapid increase in membership is highly desirable.' i
(I) Arts Theatre GuHd. —The drama gr ve twxjj perfgtx'ttaxxsaa injgfay of a programme of three one-act plays for
its debut. Preparation is now being made fo' perI(kmxgfns"'andxeffgxrobably compete again this year in the Drama
Festival organised by the Midland Conative arne Association. A fesw mrire male members would be of great advantage.
TECHNICAL EDUCATION.Employees' studies in local chxsses and by CorxvsgxmxtjcxxxgxCoumas iliuing thepnst session were very encouraging. Out of 43i
entrants for Co-operative Union exaimnations, 10students obtained Erst~ panes and 20 secured second-class passes. Most of
the failures occurred among the juniors in peiminary cmnses. Two employees sat for Cxsoperative College Scholarship examina-
tiotis batt were unsnccesefuL A neui scheme of induccmrixt awards bas been approved by the Board of Directors and, will operate
for: the forthcoming session. XIIU II(V "I'':.
CELEBRITY L1KfUREKThefinal lccturc in the series was given in April by L. du Garde Peach on the subject of The Playwright Explains.
" The series
did aot prove as popuLar as was antieipaterh and therefore because of the expense involved a similar series is not contemplated
for this winter. Howevex'. we are considering the possibiTity of a different scheme in the form of s "Monthly Forum "to deal with
~perative and social topics of the day. ~ T11
INTKRNA1IONAL CfhOPERATIVK DAY.
Thc Education Department was mainly responsible under the auspices of the Board of Directors for, organising this function on
3rd July, at the Employees' Sports Field. The Rt. Hon. Hugh Dalton (Chancellor of Duchy of Lincaster) was the speaker,
Considering the limitation of present-day circumstances the event was highly successful.
CHILDREN'S HARVEST CAMP.
The camp was hald at Welbouiri. 14th to'28th August. *In spite. of Irifeix "xm weather the was very successhd, and
independent reports continue to amve indicating that it was the best camp ever. organised. which is a tn te and an amph' to oiu
expression of appreciation to all who assismd gt'tire camp.'
lts educiti'o'xud value wa's that children from the toom learnt something
of rural life, they experienced comnmnal living which is the essence of co-operation, and knowledge was imparted through Slm shows
and the paxticipation of 'tbe Woodcraft Folk.
WOODCRAFf FOLK.Our two branches of this organistxffon are"thxiv'ing vmll, iind the improvement mvtxmntity of members is gratifying. A competent
adult to act as leader is most dcriiable. however. ,
LIBRARY AND SICK ~CES., 11mse senrices are very popuhir with ~s, and new members of the Library are wekome. During thc period a considerabhx
number of new vohxmm have been added t'o stock hsxhxffum ose'r 50.boofm lrindfy ted by Mrs. C. 1.Brooke. We desire that
mein members should becoiae regular purchasem of cooperative fueratare and publicaffons.
GfglKRALConcerts and Fihn Shows wert: held in country areas, some, where new bianches have been opened, in the spring. We are now
plsening a moxa compmhensive programme for the forthcoming winter.
We iue.also hoping that several Adult Classes we are planning in conjunction with thc WKA will be wellvupported.
Mjrs. R. IL Brown now retires from the committee, and it is our pleasure to record thanks for services mndered and we uxsh har'
well in her retirement from office.
Nationally a new constiturion for ~psrative education has at hist been approved by Congrcm, and promises weff for the futuni
of effective educational development. But a narional macbine cannot be tbe panacea witjtxmt ~encmuagement and suppiuj-
in local societies. Therefore our succeis wiB depend upon the response and loyalty of rank andffle co-operators.
for and on beball of the Committee. 'x, -;.„,'Srs
W. BUCKNALL ~II C CLODE, Education
EDUCATION COMMmKE ATTENDANCES.*
General Com. I Sub. Com.General
Pass. Actual Pass. Actual Name Pose.' * " ""Actfmf
M L Baker . . . , ...x.....t. .. 13 j' 9 6 2 3 sMr. H. H. Ladfow . ........... 4
MrRF B ~.. ....,..., 13 12 3 2 M KLmttmm. .............. 13
Mrs. R. H. Brown. ,'..5.'s. ..... 13 "sf2a-I r6 1 lVks. F. Lswnuon . . ...., ...... 13:,' 'Q 0
Mr. W. Budmall. . .:..;........ 13" 0 ' — Mr. .A. Marston ...,.........—.. 13,;~:—
............. 13 13 9 5 Miss A G. Whittaker. ......... kgb'~'i,'
F Gaufdjxm. .......,....".13 13
~jsi'sriirg":"1I'k:"K C"tXXIK S9c'.D., C.IVLD., A.GB(JI't.
NATIONAL HEALTHSERVICE
Have your Prescriptions
DISPENSEDSpeedily and Accurately atthe following Co-operativeX)ispensaries:—
Central Premises, Bank Street, LincolnQD gj
IOI Burton Road, Lincoln
I8 High Street, St. Botolph, 'Lincoln
266 Wragby Road, "St. 'Giles, .Lincoln
3 Skellingthorpe Road; Moorlands, Lincoln
Southgate, Sleaford-
Clarence Road, Woodhall Spa
OPTICAL'Bring your Doctor srecommendations to:
Central Premises, Bank Street, Lincoln
Southgate, Sleaford=".- -' «+id, .:
MEDICINESDRUGS
-»;i@"~'7»
SURGICALAPPLIANCES
t
tpttttpeetptptptpcpttcttrttt\tet(r tpeetptotvrrtpveetyneeevveeee'ovveespeeeeeeeertrrttetptpgrvpovrtteesiteeertrttterttpeettcttte.p .:'i tcs „".'
THE LINCOLNCO-OPERATIVE SOCIETY LTD.
(Established 1861)
FREE SCHOOL LANE, LINCOLN
ci
t
'"1,ttt.'s
I':::,QUARTERLY REPORTfor' the"Quarter ended 25th December, 1948
NOTICE IS HEREBY GIVEN THAT THE GENERAL .
QUARTERLY MEETINGof Members will be held in the
NEW HALL, FREE SCHOOL LANE, . LINCOLN—
on MONDAY, 21st FEBRUARY, 1949,.CO~C AT ~ PtW - -, = ~eve
NOTICE IS HEREBY GIVEN THAT BRANCH QUARTERLY M~ ~BE~At NORTH HYKEHAM BRANCH PREMISES (Representation. Coun&Jar O. G. ):
Frcday 18th February
At WELBOURN" BRANCH PREMISES (ReprtscrttativcFrxday 18th February 198) at 7 peen
On the BRANCH PREMISES at. IbgtrcctututiucsRcprncnieiiva
BASSINGHAM, , . ... ..M, W. H. Martin .
SAXILBY ..................Mr. K Wells bbtdR(hT RASEN ....Mr. F.~SKELLINGTHORPE ..Mr. S.:T.
Saturday, 19th February, 1949, at 640 pan, esse~ „.. t'1
Seowwooo ow o wo ~wwow ~~ ~ ooo ~~ekeegneeeabeeeeee~daeegtecbeeeeegsgseegceeegcene+gsegtegseee
Co.overctive printing Sacietr Ltd. , New Manor Street. Mcncteoter t.
Lj~cojgl Co-operative Society Limited
OFFICERS OF THE SOCIETY
President r .Councillor Mrs. O. G. DEER (14) Vice-President» Mr. A. TUCK, J.p. (15)Directors r
Mr. F. IL TRUSWELL (13): Mr. H. WELLS (14): Mr. F. CRAINGER, J.P. (12); sMrs M F
Mrs. C I.BROOKE(13): Mr. LB.CLARKE(14); M». S.T. BUTTERY(14); Mr. C. DEAN(15). and Mr W H MARTIN(15)
Monsging Secretory r Mr. DUNCAN McNAB, A.L.A.A. Anistont Secretary: Mr. S. BETT, A.C.S.A:-
Apprscrd Aodgor r Mr. H. J. WALPOLE, C.W.S. Audit Department, Manchester 4.* Denotes retiring members ehgible for re-election.
Figures in parenthesis denote Directors' Attendances —Possible 15.
I. Minutes ol hnt Quarterly, Meeting,
2. Directors Report
ACENDA
3. Appeals and Recomnmndations of the Directors:—
(a) Lincolnsh'ua Diocesan Deaf tt Dumb Asso'cia»Ion24 4s.
OF BUSINESS
,(b) Lincoln CE.T.S. Police Court Mission and Boys'Home, E4 4s.
(c) Lincrdnsbire Diseharlted Prisoners' Aid Society,fc2 2s.
'
4. Dedaration ol the Election of Five Directors.
5. Questions.
ELECTION OF DIRECTORS: POLLING ARRANGEMENTS' Bastion of FIVE Members to 'tlie Bo'ard ofj)moors:"Ihe foRoaong 10 merhJm»rmr Rave beer» a~ted» —'
Mrs. C L Brooke, e Mr. L B.Clad»a, Mr. W., Coates, Mrs. D IdL' Dhmdr, Mr, E, C Fountmrm»Mr» C. E. Ingall, Mr. A. Marstori,
o- Mrs. V. E. Manilla, e Mrs»M R. 'Richards„".eM J f""Ifr.Turns'sr)L .-'. ', :;. .~';. *
e Rrtfrmg mie4ea cRgibfe'Jsrnsc:rlrrctfrnc Afeircrs'inis'it not gfgt Jgf ages Y)Ra F~~uq„"r n HOURS OF VOTING:
CENTRAL OFFICE.„Saturday and Monday, 19th snd 21st February, 1949, 12 noon to ~ pan.
BRACEBRlDGE BRANCH, SUB-~ FURNISHING, NEWPORT BRANCH, MOORLAND AVENUE BRANCH»~ 19th February, 1949, 12 noon to 5-20 porn
OOUNIRY BRANCHES (WHERE V(IIES Jt»RE TAKEN):BASSINCHAM BRANCH, MEIHFRINCHAM BRANCH, WASHINGBOROUGH BRANCH, BRANSTON B~SAXILBYBRANCH, SKELLINCTHORI% BRANCH, BARDNEY BRANCIL HORNCASTLE BRANCH, SLEAFORD BRANCH,.~ RASEN BRANCIL
Saturday, 19th February, 1949, I fsrm to close of Meeting.
NORTH HYKIIIAM BRANCH and WELBOURN: Friday, 18th February, 1949, I pan. to close of Meeting.
WILL MEMBERS PLEASE NOTE THAT BALLOT PAPERS WILL ONLY BE ISSUED ON PRODUCTION OF SHAREBOOKS, WHICH MUST SHOW THAT THE OWNER HAS NOT LESS THAN ONE POUND SHARE CAPITAL STANDING
TO HIS OR HER CREDIT.
1949. 21—Quarterly Meetnrg
Mar. 14 to 19—Penny Bank Books to be 'bmught in.April 2Penny Beak Books ready.
Msr. 26—Half Year ends. bro ht u». .
FOR INFORMATION OF MEMBERS—SPECIAL EVENTS.
1940April 15-Co'od Friday.
'Atn»T 10—'Et»sfe'r ~.c-.-'-
April 25 to 30—Loan, and Special Loan Books to be