29 MARCH 1930, Page 38

BARKERS'• BALANCE SHEET.

New high records of profits were achieved during the past financial year by John Barker & Co., the gross profit being £1,744,339, against £1,728,646 for the previous year, while the net profit was £492,186, against £468,401, expenses having been reduced. A stun of £125,000 is placed to the Reserve against £100,000 a year ago, and £35,000 written off goodwill, this last allocation eliminating goodwill entirely from the balance sheet. After paying a final dividend of 15 per cent., making 20 per cent for the year, the carry forward is £297,255, against £291,010 a year ago. The balance sheet also shows a very strong position as regards the Cash, the total of which appears at £644,288.

* * * *