The report and balance-sheet was read and adopted. The balance-sheet set forth the receipts for the year (including the balance brought forward, £81 8s. 8d.) to be £187 9s. 8d., the expenditure £113 8s. 3d., and the balance £74 1s. 5d., to which has to be added £32 7s. 3d. lodged in
the bank at interest as a “Research Fund”: making a total credit balance of £106 8s. 8d.