Annual report : 1938 / Victoria Hospital for Accrington and District.

  • Victoria Hospital for Accrington and District. no2007049777.
Date:
1938
Catalogue details

Licence: Public Domain Mark

Credit: Annual report : 1938 / Victoria Hospital for Accrington and District. Source: Wellcome Collection.

    12/50 (page 8)
    Mr. Hitchon, who has been in communication with the Chairman and Officials for some time past, has been impressed by the necessity for increasing the income required by reason of the addition of the new medical wards. Needless to say, the Committee, who congratulated him on recently attaining his 91st birthday, tender to Mr. Hitchon their very grateful thanks for his renewed munificent recognition of the needs of the Institution. Since the accounts for 1938 were closed, we have been notified by Mr. Hitchon that he has obtained a further £1,000 of 3% Aberdeen Stock, which will be presented to the Hospital at the appropriate time. BUILDING FUND. The total assets under this head are now £70,510 15s. iod. The amount received during the year from the Trustees of the late Mr. James Stevenson was £7,639 4s. 6d., and has been expended on work in connection with the new Wards. A legacy of £500 from the late Mr. Jabez Clark and the balance of the legacy left by the ate Mrs. Kellaway, amounting to £561 os. 2d., were placed to the credit of this account. Additional expenditure on the Stevenson ” Memorial Wing amounted to £8,151 14s. 6d. ; a balance of £172 17s. nd. was paid in connection with the new corridor and canopy ; and a further sum of £2,249 I0S- iod. was expended on the Nurses’ Home Extensions. CONVALESCENT FUND. The income of this Fund consisted of interest from investment, £63 ; contribution from patient, 10/- ; bank interest, 7/1. The cost of sending and assisting patients to go to Convalescent Homes amounted to £51 2s. od., and there was a balance at the bank at the end of the year of £3 14s. od. CONTINGENCY LIABILITY RESERVE FUND. As was pointed out last year, it was deemed prudent to create a Contingency Liability Reserve Account in view of the requirements of the near future, and although this account has not been very largely drawn upon during the year under review there is no doubt that the expenditure in 1939 will be much heavier and a further addition has accordingly been made to meet the anticipated increase.