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Financial report from Ernest A Claremont Esq. detailing required ground, capital, and projected costs and profits for a project.


Identifier  ExFiles\Box 74\1\  scan0020
Date  19th January 1909 guessed
  
-2-

Ernest A Claremont Esq.,

below Barker's present prices.

His report shows as follows:-

(1) Ground required :

Building 5500 sq. yds. = 1.1/10th. acres.
Timber sheds 3300 sq. yds. = 3/5th. acre
330 sq. yds. = 1/16th. acre.
= 1 3/4 acres.

(2) Capital required.

Buildings £11,000
Plant, machinery,
& loose tools 2,300
Materials, such as wood,
leather, paints, etc. 4,000 £17,300

(3) Working Capital required. in connection

with a turnover of £17,000, and an annual
wages and salary sheet of £8,400 would be 7,000

Total Capital requirements ---- £24,300

(4.) He estimates the gross cost of 100

Bodies plus extras to be ........ £14,600
(including Insurance, depreciation,
rates and taxes)

And that we should receive for the Bodies
and extras .... .... £17,000

Profit ... £2,400 per annum on

a Capital invested of £24,300 = 10% profit on Capital, or
on a turnover of £17,000, a profit of 14%.
  
  
From the Rolls-Royce experimental archive: a quarter of a million communications from Rolls-Royce, 1906 to 1960's. Documents from the Sir Henry Royce Memorial Foundation (SHRMF).


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