Calendar: 1972-1973 Page 421

Annual Report of the Delegacy xxxix earmarked grant of £311 000 was received for the purchase of equip- ment while the Computer Board contributed £41 100 Fee income was £211 849 compared with £205 737 last year Government departments various foundations and private firms continued to support research projects and contributed £215 720 The expenses of the academic departments at £2 048 607 showed large increase of £197 383 and reflect the cost of implementing the revised salary scales which became effective in October 1970 Maintenance of premises showed an increase of £63 248 and includes additional appointments for Stage together with higher rates of pay for existing staff The total expenditure for the year was £2 949 651 and the total income was £3 018 326 resulting in surplus of £68 675 Of the men's halls of residence Halliday Hall closed down on December 31st 1970 as residence for men students and re-opens in October 1971 as women's hall The total income for the year was £10 465 and the total expenditure was £22 655 resulting in deficit of £12 190 King's College Hall showed deficit of £11 040 and the total income for the year was £68 497 During the year 1970-71 Capital Grants totalling £735 890 were made available to the College by the University Grants Committee through the Court of the University The refectory showed deficit of £11 904 and included heavy expenditure for equipment which has now been approved by the University Grants Committee and grant of £5 312 is awaited STUDENT ACTIVITIES Report from the Union Society This year saw the welcome reaffirmation of spirit which has always been associated with the Union Society at King's The difficulties involved in providing for corporate life for over 500 students in non-residential College in the centre of London are immense and it will probably not be until the centralised community facilities planned for Stage II of the College rebuilding scheme are fully operative that the role the Union Society plays will be completely appreciated However despite the long-bemoaned physical difficulties the Union Society played its full part in offering recreational opportunities to its members as well as representing their interests at all levels King's has always been strongly represented by its sports teams and this year was no exception The Rugby team reached the semi-final of