Navy, Army and Air Expenditure, 1940

– in the House of Commons on 30th July 1942.

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Resolutions reported:

"1. Whereas it appears by the Navy Appropriation Account for the year ended the 31st day of March, 1941, that, as shown in the Schedule hereunto appended, the total surpluses and deficits on Navy Votes for that year are as follows:

£s.d.£s.d.
Total Surpluses, namely:
Surpluses of actual as compared with estimated receipts (Votes 2–16)10,782,6901710
Total Deficits, namely:
Deficiencies of actual as compared with estimated receipts (Vote 1)12,897,167163
Excesses of actual over estimated gross expenditure382,046,091117
304,943,259710
Net Deficit (charged to the Vote of Credit)£384,160,568100

And whereas the Lords Commissioners of His Majesty's Treasury have temporarily authorised the application of surplus receipts realised under Votes 2 to 16 towards making good the deficit in receipts under Vote 1.

1. "That the application of such surpluses be sanctioned."

[For details of Schedule see OFFICIAL REPORT, 28th July, 1942; cols. 431–2, Vol. 382.]

"II. Whereas it appears by the Army Appropriation Account for the year ended the 31st day of March, 1941, that, as shown in the Schedule hereunto appended, the total surpluses and deficits on Army Votes for that year are as follows:

£s.d.£s.d.
Total Surpluses, namely:
Surpluses of actual as compared with estimated receipts (Votes 2–15)14,040,762154
Total Deficits, namely:
Deficiencies of actual as compared with estimated receipts (Vote 1)19,693,016164
Excesses of actual over estimated gross expenditure444,993,784107
464,686,801611
Net Deficit (charged to the Vote of Credit)£450,646,038117

And whereas the Lords Commissioners of His Majesty's Treasury have temporarily authorised the application of surplus receipts realised under Votes 2 to 15 towards making good the deficit in receipts under Vote 1.

2. "That the application of such surpluses be sanctioned."

[For details of Schedule see OFFICIAL REPORT, 28th July, 1942; cols. 433–4; Vol. 382.]

"III. Whereas it appears by the Air Appropriation Account for the year ended the 31st day of March, 1941, that, as shown in the Schedule hereto appended, the total surpluses and deficits on Air Votes for that year are as follows:

£s.d.£s.d.
Total Surpluses, namely:
Surpluses of actual as compared with estimated receipts (Votes 2–11)14,507,555108
Total Deficits, namely:
Deficiencies of actual as compared with estimated receipts (Vote 1)14,901,97424
Excesses of actual over estimated gross expenditure269,068,510711
283,970,484103
Net Deficit (charged to the Vote of Credit)£269,462,928197