APPENDIX A
Changes in Numbers of Beneficiaries
| | 1939 Act Beneficiaries | 1948 Act Beneficiaries | 1981 Act Beneficiaries | All Beneficiaries |
| | Former Members | Widows | Former Members and Widows | Pre 1988 Widows | Former Members | Widows | |
| Numbers receiving payments at 30 September 1993 | 2 | 5 | 9 | 130 | 30 | 47 | 223 |
| Add New Awards | 0 | 1 | 1 | 9 | 0 | 6 | 17 |
| Subtract Deaths & other cessations | --2 | --2 | --2 | --34 | --10 | --18 | --68 |
| Numbers receiving payment at 30 September 1997 | 0 | 4 | 8 | 105 | 20 | 35 | 172 |
| Average annual grant in payment at 30 September 1997 | 0 | £3,061 | £2,076 | £1,082 | £2,245 | £1,404 | £1,390 |
Note: There is also one widow who is eligible for an
award under the 1939 Act but who is not currently claiming her
entitlement.
APPENDIX B
Consolidated Revenue Account for the Period 1 October
1993 to 30 September 1997
| Fund at 1 October 1993 (1) | £2,550,067 |
| INCOME |
| | Members' contributions | 62,460 | |
| | House of Commons Vote, Grant in Aid | 860,000 | |
| | Investment income | 541,213 | |
| | Net gains in asset values | 831,871 | |
| | Other receipts | 0
| |
| | Total income | | 2,295,544 |
| | 4,845,611 |
| EXPENDITURE |
| | Grants paid (1939 Act) | 81,860 | |
| | Grants paid (1981 Act) |
421,599 | |
| | Special hardship grants (1948 Act) | 553,523 | |
| | Lump sum gratuities | 11,706 | |
| | Administration costs | 70,797 | |
| | Total expenditure | | 1,139,485 |
| Fund at 30 September 1997 | 3,706,126 |
Notes There was an adjustment made to the accounting
method in 1993-4 to comply with SORPI. The 1992-3 figures were
recalculated on the new method for comparison and included in
the 1993-4 accounts. Hence the fund value at 1 October 1993 shown
above differs from the fund value at 30 September 1993 as quoted
in the previous valuation report.
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