Committee Reports::Report - Appropriation Accounts 1962 - 1963::12 November, 1964::Appendix

APPENDIX XXXIV.

PIGS AND BACON COMMISSION: STATEMENT OF ACCOUNTS FOR YEAR ENDED 31st DECEMBER, 1962.

General Fund for Year ended 31st December, 1962

Dr

Cr

Liabilities

Assets

 

£

s.

d.

£

s.

d.

 

£

s.

d.

£

s.

d.

To Commission, Salaries, and Expenses

..

5,120

6

10

 

 

 

 

 

 

 

 

 

 

„ Salaries, Wages and Fees

..

..

25,270

9

0

 

 

 

By Balance at 1st Jan.,1962

..

..

 

 

 

37,895

9

9

„ Travelling, etc. expenses

..

..

2,565

19

9

 

 

 

 

 

 

 

 

 

 

„ Rent, Rates, Repairs and Maintenance

1,389

5

3

 

 

 

„ Levies

..

..

..

..

..

 

 

 

1,028,332

8

4

„ Printing, Telephones and General

 

 

 

 

 

 

 

 

 

 

 

 

 

Expenses

..

..

..

3,334

8

11

 

 

 

„ Bank Interest

..

..

..

..

 

 

 

290

10

0

„ Furniture and Fittings

..

..

517

14

2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

38,198

3

11

 

 

 

 

 

 

 

„ Advertising and Publicity

..

..

 

 

 

13,135

12

2

„ Exchequer Grant in Aid for the development of export markets for pigmeat and pigmeat products

 

 

 

20,263

5

11

„ Bacon Information Publicity Scheme

 

 

 

 

 

 

 

 

 

 

 

 

 

Contribution

..

..

..

 

 

 

13,935

0

0

 

 

 

 

 

 

 

„ Net Expenses on Pork Carcases

 

 

 

 

 

 

„ Receipts from sales of bacon under

 

 

 

 

 

 

Exported

..

..

..

 

 

 

806,256

7

4

“Standing Orders” arrangement

3,329,948

17

4

 

 

 

„ Amount written off Sow Distribution

 

 

 

 

 

 

less Payment to Curers

..

..

3,329,948

17

4

 

 

 

Scheme—being excess over

 

 

 

 

 

 

 

 

 

 

 

 

 

Contracts Valuation

..

..

 

 

 

325

14

10

 

 

 

 

 

 

 

„ Investigation into Pig diseases

..

 

 

 

255

6

11

 

 

 

 

 

 

 

„ Transfer to Bacon (Price Stabilisation)

 

 

 

 

 

 

 

 

 

 

 

 

 

Fund

..

..

..

..

 

 

 

155,744

12

8

 

 

 

 

 

 

 

„ Balance at 31st Dec., 1962

..

..

 

 

 

58,930

16

2

 

 

 

 

 

 

 

 

 

 

 

£1,086,781

14

0

 

 

 

 

£1,086,781

14

0

 

 

Pigs (Insurance) Fund for Year ended 31st December, 1962

Dr

Cr

 

£

s.

d.

 

£

s.

d.

To Compensation

..

..

..

..

..

109,678

0

10

By Balance on 1st January, 1962

..

15,427

10

0

„ Balance at 31st December, 1962

..

16,751

11

10

„ Bank Interest

..

..

..

..

270

13

0

 

 

 

 

„ Levies

..

..

..

..

..

110,731

9

8

 

£126,429

12

8

 

£126,429

12

8

 

 

Bacon (Price Stabilisation) Fund for Year ended 31st December, 1962.

Dr

Cr

 

£

s.

d.

 

£

s.

d.

To Balance on 1st January, 1962

..

109,113

15

0

By Investments Interest

..

..

..

447

17

9

„ Subsidies on Bacon Exports

..

..

2,796,345

3

0

„ Exchequer Contributions

..

..

2,610,000

0

0

„ Bank Interest

..

..

..

..

8,400

15

0

„ Transfer from General Fund

..

..

155,744

12

8

 

 

 

 

„ Balance at 31st December, 1962, Deficit

147,667

2

7

 

£2,913,859

13

0

 

 

 

 

 

 

 

 

 

£2,913,859

13

0

 

 

Balance Sheet as at 31st December, 1962.

LIABILITIES.

ASSETS.

 

 

 

 

 

 

 

 

£

s.

d.

 

£

s.

d.

£

s.

d.

Bacon (Price Stabilisation) Fund

..

..

..

147,667

2

7

General Fund

..

..

..

..

 

 

 

58,930

16

2

Sundry Debtors

..

..

..

..

..

..

334,532

19

5

Pigs (Insurance) Fund

..

..

..

 

 

 

16,751

11

10

Investments at Cost—Bacon (Price Stabilisation) Fund

 

 

 

 

 

 

 

 

 

 

(Market value at 31st December, 1962—£13,101)

..

14,845

6

11

Exchequer Grant in Aid for the development

 

 

 

 

 

 

 

 

 

 

of Export markets for pigmeat

 

 

 

 

 

 

Sow Distribution Scheme—Value of Contracts

..

19,439

1

10

and pigment products

..

..

..

75,000

0

0

 

 

 

 

 

 

 

Less: Expended in 1962

..

..

20,263

5

11

 

 

 

Furniture and Fittings

..

..

..

..

..

20

0

0

 

 

 

 

54,736

14

1

 

 

 

 

 

 

 

 

 

 

 

Cash in Hands

..

..

..

..

..

..

15

0

0

Sundry Creditors

..

..

..

..

 

 

 

162,466

15

9

 

 

 

 

Bank Overdraft

..

..

..

..

 

 

 

223,633

12

11

 

 

 

 

 

 

 

 

£516,519

10

9

 

£516,519

10

9

 

 

General Manager: M. N. CONLON.


Chairman: M. J. DARGAN.


Date: 9th January, 1964.


I have examined the foregoing Accounts and Balance Sheet. I have obtained all the information and explanation that I have required and I certify, as the result of my audit, that in my opinion these Accounts and Balance Sheet are properly drawn up so as to exhibit a true and correct view of the transactions and state of affairs of the Pigs and Bacon Commission as shown by the Books of the Commission. I have no observations to make upon them.


LIAM Ó CADHLA,


Comptroller and Auditor General.


14th January, 1964.