Committee Reports::Interim and Final Report - Appropriation Accounts 1964 - 1965::17 November, 1966::Appendix

APPENDIX XXVI.

AN FORAS TALÚNTAIS—ACCOUNTS FOR YEAR ENDED 31st MARCH, 1965

Capital Grant Account

Account of Receipts and Payments for the year ended 31st March, 1965


 

Receipts in year ended 31st March, 1965

Cumulative Receipts to 31st March, 1965

 

Payments in year ended 31st March, 1965

Cumulative Payments to 31st March, 1965

 

£

s.

d.

£

s.

d.

 

£

s.

d.

£

s.

d.

Non-Repayable State Grant

..

..

15,000

0

0

15,000

0

0

Provision of new facilities for carrying out Agricultural Research:—

 

 

 

 

 

 

Balance at 31st March, 1965:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dairying Research Laboratory,

 

 

 

 

 

 

Amount due to Bank

..

..

228

2

7

228

2

7

Moorepark

..

..

..

12,781

3

7

12,781

3

7

 

 

 

 

 

 

 

General Purpose Farm Building,

 

 

 

 

 

 

 

 

 

 

 

 

 

Dungarvan

..

..

..

2,446

19

0

2,446

19

0

 

£15,228

2

7

£15,228

2

7

 

£15,228

2

7

£15,228

2

7

 

 

Endowment Fund of An Foras Talúntais

Account of Receipts and Payments for the year ended 31st March, 1965, of the Endowment Fund established under Section 11 of the Agriculture (An Foras Talúntais) Act, 1958 (No. 1 of 1958).


 

£

s.

d.

 

£

s.

d.

£

s.

d.

Balance at 1st April, 1964

..

..

1,002,676

18

5

Cost in Investments held at 1st

 

 

 

 

 

 

 

 

 

 

April, 1964

..

..

..

 

 

 

1,006,703

9

11

Cost price of Investments returned

 

 

 

 

 

 

 

 

 

 

on realisation

..

..

..

11,967

15

0

Loss on realisation of Investments

 

 

 

69

19

11

Cost of Investments held at 31st March,

 

 

 

Cost price of Investments

 

 

 

 

 

 

1965

..

..

..

..

1,002,431

10

2

purchased

..

..

..

 

 

 

7,695

15

3

 

 

 

 

Balance at 31st March, 1965:—

 

 

 

 

 

 

 

 

 

 

Cost of Investments held

..

1,002,431

10

2

 

 

 

 

 

 

 

Cash at Bank

..

..

175

11

4

 

 

 

 

 

 

 

 

 

 

 

1,002,607

1

6

 

£2,017,076

6

7

 

 

 

 

£2,017,076

3

7

 

 

Capital Fund of An Foras Talúntais

Account of Receipts and Payments for the year ended 31st March, 1965 of the Capital Fund established under Section 10 of the Agriculture (An Foras Talúntais) Act, 1958 (No. 1 of 1958).


 

Receipts in year ended 31st March, 1965

Cumulative Receipts to 31st March, 1965

 

Payments in year ended 31st March, 1965

Cumulative Payments to 31st March, 1965

 

£

s.

d.

£

s.

d.

 

£

s.

d.

£

s.

d.

Transfer of Grant from Grant

 

 

 

 

 

 

Cost of Investments held at 1st April,

 

 

 

 

 

 

Counterpart Special Account

..

..

840,000

0

0

1964

..

..

..

..

99,037

10

0

 

 

 

Balance, at 1st April, 1964

..

..

110,253

13

7

Cost price of Investments purchased

..

315,940

16

8

 

 

 

Cost price of Investments returned

 

 

 

 

 

 

Provision of new facilities for carrying

 

 

 

 

 

 

on realisation

..

..

..

335,988

6

8

 

 

 

out agricultural research for and

 

 

 

 

 

 

Profit on realisation of Investments

..

46,454

16

2

under the control of the Institute:—

 

 

 

 

 

 

Cost of Investments held at 31st March,

 

 

 

 

 

 

Purchase of lands, buildings and

 

 

 

 

 

 

1965

..

..

..

..

58,990

0

0

 

 

 

equipment

..

..

..

51,876

9

8

807,578

19

4

 

 

 

 

 

 

 

Institute Headquarters:—

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase of premises (including

 

 

 

 

 

 

 

 

 

 

 

 

 

renovation and decoration)

..

20,493

12

11

 

 

 

 

 

 

 

Balance at 31st March, 1965:—

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of Investments

 

 

 

 

 

 

 

 

 

 

 

 

 

held

..

£58,990

0

0

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss; due to Bank

612

16

1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

58,377

3

11

58,377

3

11

 

£525,232

0

3

£886,454

16

2

 

£525,232

0

3

£886,454

16

2

 

 

AN FORAS TALÚNTAIS

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31st MARCH, 1965

 

£

s.

d.

£

s.

d.

 

£

s.

d.

£

s.

d.

Stocks at 1st April, 1964

..

395,676

0

0

 

 

 

Investment Interest:

 

 

 

 

 

 

Headquarters:

 

 

 

 

 

 

Capital Fund

..

..

..

3,889

12

4

 

 

 

(Including Remuneration and Expenses of Council, Director, Agricultural Liaison, Scientific Liaison, Statistics Dept., Buildings Dept.,

 

 

 

 

 

 

Endowment Fund

..

..

54,229

7

3

 

 

 

Library and Secretariat)

..

 

 

 

111,826

6

1

Income and Expenditure Account (Including Deposit)

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest)

..

..

..

2,964

8

6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

61,083

8

1

Agricultural Research

 

 

 

 

 

 

Grants, Donations, etc. by Outside

 

 

 

 

 

 

 

 

 

 

 

 

 

Bodies

..

..

..

..

 

 

 

87,044

5

4

Divisions:

 

 

 

 

 

 

Sale of Produce and other receipts

 

 

 

182,532

13

8

(Including Salaries, Wages and General Operating Costs)

 

 

 

 

 

 

State Grant

..

..

..

 

 

 

1,016,250

0

0

Animal

£

s.

d.

 

 

 

 

 

 

 

 

 

 

 

 

 

Production

207,799

1

3

 

 

 

 

 

 

 

 

 

 

 

 

 

Horticulture & Forestry

48,967

5

1

 

 

 

 

 

 

 

 

 

 

 

 

 

Plant Sciences and Crop Husbandry

111,118

13

9

 

 

 

 

 

 

 

 

 

 

 

 

 

Rural Economy

112,910

19

9

 

 

 

 

 

 

 

 

 

 

 

 

 

Soils

..

163,492

5

10

 

 

 

 

 

 

 

 

 

 

 

 

 

 

644,288

5

8

 

 

 

 

 

 

 

 

 

 

Research Stations:

 

 

 

 

 

 

 

 

 

 

 

 

 

(Including Salaries, Wages and

 

 

 

 

 

 

 

 

 

 

 

 

 

General Operating Costs)

..

584,761

10

8

 

 

 

 

 

 

 

 

 

 

 

1,736,552

2

5

 

 

 

 

 

 

 

 

 

 

Less; Closing Stocks

..

..

517,667

0

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,218,885

2

5

 

 

 

 

 

 

 

Grants for Agricultural Research

 

 

 

4,424

6

4

 

 

 

 

 

 

 

Scholarships etc. for Post-graduate

 

 

 

 

 

 

 

 

 

 

 

 

 

Agricultural Research

..

..

 

 

 

2,562

1

1

 

 

 

 

 

 

 

Study Courses, Seminars,

 

 

 

 

 

 

 

 

 

 

 

 

 

Conferences

..

..

..

 

 

 

953

2

6

 

 

 

 

 

 

 

Training

..

..

..

..

 

 

 

5,959

0

7

 

 

 

 

 

 

 

Balance being excess of Income

 

 

 

 

 

 

 

 

 

 

 

 

 

over Expenditure

..

..

 

 

 

114,126

14

2

 

 

 

 

 

 

 

 

 

 

 

£1,346,910

7

1

 

 

 

 

£1,346,910

7

1

 

 

AN FORAS TALÚNTAIS

BALANCE SHEET AS AT 31st MARCH, 1965

LIABILITIES

ASSETS

 

£

s.

d.

£

s.

d.

 

£

s.

d.

£

s.

d.

Bank

..

..

..

..

 

 

 

36,232

1

0

Lands and Buildings (including property accepted under Section 16 of the Agriculture (An Foras

 

 

 

 

 

 

Property accepted under Section 16 of the Agriculture (An Foras Talúntais) Act, 1958

 

 

 

 

 

 

Talúntais) Act, 1958)

..

 

 

 

935,305

14

10

Lands and Buildings

..

92,000

0

0

 

 

 

Investments at Cost

..

..

 

 

 

1,061,421

10

2

Stocks

..

..

..

80,428

12

7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

172,428

12

7

Stocks

 

 

 

 

 

 

Capital Fund

..

..

..

 

 

 

886,454

16

2

Livestock

..

..

..

149,774

0

0

 

 

 

Endowment Fund

..

..

 

 

 

1,002,607

1

6

Farm Produce

..

..

..

13,775

0

0

 

 

 

Capital Grant Account

..

 

 

 

15,000

0

0

Machinery

..

..

..

301,218

0

0

 

 

 

Income and Expenditure Account

 

 

 

 

 

 

General Supplies

..

..

52,900

0

0

517,667

0

0

Balance to 31st March, 1964

..

287,544

19

7

 

 

 

 

 

 

 

 

 

 

Balance for year ended 31st

 

 

 

 

 

 

 

 

 

 

 

 

 

March, 1965

..

..

114,126

14

2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

401,671

13

9

 

 

 

 

 

 

 

 

 

 

 

£2,514,394

5

0

 

 

 

 

£2,514,394

5

0

 

 

 

 

 

 

 

Note: Market value of Investments held at 31st March, 1965: £1,028,606 14s. 7d.

 

 

 

 

 

 

J.G. LITTON, Chairman,

T. WALSH, Director.

 

 

3rd December, 1965.

3rd December, 1965.

 

REPORT OF THE COMPTROLLER AND AUDITOR GENERAL.


I have examined the foregoing Accounts and Balance Sheet as required by Section 19 of the Agriculture (An Foras Talúntais) Act, 1958. They have been prepared in the form approved by the Minister for Agriculture and Fisheries, and are as shown by the books of An Foras Talúntais. I have obtained all the information and explanations that I have required. In my opinion these Accounts and Balance Sheet are properly drawn up so as to exhibit a true and fair view of the transactions of An Foras Talúntais for the year ended 31st March, 1965, and of the state of its affairs at that date. I have no observations to make upon them.


 

E. F. SUTTLE,


10th December, 1965.

Comptroller and Auditor General.