'File 4/13 IV Kuwait Education' [‎194r] (389/762)

KUWAIT HOSTEL ACCOUMTS
REMARKS OH BUDGET KOR THE YEAR 1946/47 .
The figures for the Financial Year ended on 30th
Septenfoer, 1947 show (i) an excess of £E 1247 odd over
the corresponding period for last year, and (ii) an
excess of £E 951 odd over our suggested estimates for the
year under review* The explanation for the latter is made
out as follows:
Total of Estimated budget for 1946/47 £E 10,000
I>educt : allocation for Furniture &
Equipment which it is advisable to
keep separate - this being an asset
and therefore realisable ••• ... 150
Add: Amount spent for Summer Vacation
to Ras-el-Bar last summer, not
allocated for, but which will, in
future, require a special grant as
it is expected to occur regularly
9,850
as part of the hostel’s life
416
10,266
Total Expenses for 1946/47
Actual amount overspent •••
£E 951
1) EXPENSES OF MEALS: Compared with the previous year’s
this item shows an increased expenditure of over
£E 400, but the hostel was authorised by you to
increase the rations of meals. Economy mpy however
be made - £E 2500 should be ample.
2) TELEPHONE TELEGRAMS & POSTAGE: The cost of cables
and postage amounted to approx. £E 22 during the year;
the balance is the cost of Telephone subscription which,
on the previous year was paid by Hamdi bey (probably
out of General Expenses). This explains the consider
able difference if compared with last year’s. Although
much higher than our estimates, the sum of £44 spent does
not appear to be excessive.
3) WASHING IRONING & HOUSEKEEPING: An economy may be made.
4) MEDICAL EXPENSES: It is difficult to set a definite
limit to this item, which is out of anyone’s control.
5) MAINTENANCE & REPAIRS: The amount spent i.e. £E 144
instead of £E 100 estimated by us may not be extrava
gant - but a f ixed allocation for this item should
not be exceeded.
6) CLOTHING: In our opinion £E 1200 should be sufficient,
prices are now lower, and students need not renew their
wardrobe every year.
7) HOSTEL’S MAGAZINE: An entirely new item.