Committee Reports::Report - Appropriation Accounts 1963 - 1964::10 March, 1966::Appendix


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APPENDIX XVI.

PIGS AND BACON COMMISSION: STATEMENT OF ACCOUNTS FOR YEAR ENDED 31st DECEMBER, 1963.

GENERAL FUND FOR YEAR ENDED 31st DECEMBER, 1963.

					£	s.	d.	£	s.	d.						£	s.	d.	£	s.	d.
To Commission Salaries and Expenses					4,106	19	6				By Balance at 1st January, 1963				..				58,930	16	2
„ Salaries, Wages and Fees			..	..	41,013	16	2				„ Levies	..	..	..	..				1,034,569	2	2
„ Travelling Expenses, etc.			..	..	5,826	19	8				„ Bank Interest		..	..	..				1,442	10	0
„ Rent, Rates, Repairs and											„ Exchequer Grant in Aid for the development of export markets for pigmeat and pigmeat products								10,407	0	0
Maintenance	. .	. .	. .	. .	1,798	5	2
„ Printing, Telephones and General
Expenses	. .	. .	. .	. .	4,953	6	5				„ Receipts from sales of bacon under “Standing Orders” arrangement					7,427,059	3	0
„ Furniture and Fittings			..	..	3,051	19	6
								60,751	6	5	„ Less: Payments to Curers				..	7,427,059	3	0
„ Advertising and Publicity			..	..				12,861	2	10
„ Bacon Information Publicity Scheme
Contribution		..	..	..				9,007	0	0
„ Investigation into Pig Diseases				..				2,343	2	3
„ Net Expenses on Pork Carcases
Exported	..	..	..	..				484,276	17	1
„ Transfer to Bacon (Price
Stabilisation) Fund		..	..	..				475,230	9	11	„ Sow Distribution Scheme—
„ Balance at 31st December, 1963				..				61,591	12	7	Surplus	..	..	..	..				712	2	9
								£1,106,061	11	1									£1,106,061	11	1

PIGS (INSURANCE) FUND FOR YEAR ENDED 31st DECEMBER, 1963.

							£	s.	d.									£	s.	d.
										By Balance on 1st January, 1963				..	..	..	..	16,751	11	10
To Compensation	..	..	..	..	..	..	122,025	5	6	„ Bank Interest		..	..	..	..	..	..	188	11	0
„ Balance at 31st December, 1963				..	..	..	4,152	12	4	„ Levies	..	..	..	..	..	..	..	109,237	15	0
							£126,177	17	10									£126,177	17	10

BACON (PRICE STABILISATION) FUND FOR YEAR ENDED 31st DECEMBER, 1963.

							£	s.	d.							£	s.	d.
To Balance on 1st January, 1963			..	..	..	..	147,667	2	7	By Investments Interest	..	..	..	..	..	448	13	6
„ Subsidies on Bacon Exports			..	..	..	..	1,995,113	18	10	„ Exchequer Contributions		..	..	..	..	2,055,000	0	0
„ Bank Interest	..	..	..	..	..	..	1,256	1	0	„ Transfer from General Fund		..	..	..	..	475,230	9	11
„ Balance at 31st December, 1963				..	..	..	386,642	1	0
							£2,530,679	3	5							£2,530,679	3	5

BALANCE SHEET AS AT 31st DECEMBER, 1963.

LIABILITIES											ASSETS
					£	s.	d.	£	s.	d.								£	s.	d.
General Fund	..	..	..	..				61,591	12	7	Sundry Debtors	..	..	..	..	..	..	656,556	13	9
Pigs (Insurance) Fund		..	..	..				4,152	12	4	Investments at Cost—Bacon (Price Stabilisation) Fund (Market value at 31st December, 1963—£13,722 0s. 7d.)							14,845	6	11
Bacon (Price Stabilisation) Fund				..				386,642	1	0
											Sow Distribution Scheme—Value of Contracts					..	..	18,184	13	6
Exchequer Grant in Aid (1962) for the development of export markets for											Furniture and Fittings		..	..	..	..	..	20	0	0
pigmeat and pigmeat products			..	..	75,000	0	0
											Cash on Hands	..	..	..	..	..	..	15	0	0
Less: Expended to 31st December, 1963					30,670	5	11
								44,329	14	1	Cash in Bank	..	..	..	..	..	..	213,655	3	5
Sundry Creditors	..	..	..	..				406,560	17	7
								£903,276	17	7								£903,276	17	7

M. J. DARGAN, Chairman.

M. N. CONLON, General Manager.

28th July, 1964.

REPORT OF THE COMPTROLLER AND AUDITOR GENERAL.

I have examined the foregoing Accounts and Balance Sheet as required by Section 16 of the Pigs and Bacon (Amendment) Act, 1961. They have been prepared in the form approved by the Minister for Agriculture. I have obtained all the information and explanations 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 fair view of the transactions and state of affairs of the Pigs and Bacon Commission and are as shown by the Books of the Commission. I have no observations to make upon them.

	E. F. SUTTLE,
30th July, 1964.	Comptroller and Auditor General.