REPORT: Robert J. Thomas, Governing Director. The William Thomas Shipping Company Limited, The Offices, Gors, Holyhead to Captain Robert Jones, Garden Cottage, Amlwch giving Profit and Loss Account and Balance Sheet of the Company to 31st March 1927. The profit of trading amounts to £66,012.1s.6d. which no doubt will be considered satisfactory. The rise in freights has been well maintained until the last few days when a set back occurred, but in any case full employment for the Company's Steamers has been secured for the next 6 months at rates which will show a substantial profit. It has not been necessary to place any sum to depreciation, as the steamers have appreciated in value since the last Balance Sheet was issued.
PROFIT AND LOSS ACCOUNT AND BALANCE SHEET 14th June 1927.