Committee Reports::Report - Appropriation Accounts 1965 - 1966::14 July, 1967::Appendix


	HOME Baile
	COMMITTEE REPORTS Tuasascálacha Coistí

Committee Reports > List of Committees > Dáil > 1967 > Committee of Public Accounts > Report - Appropriation Accounts 1965 - 1966

APPENDIX XLIII.

AN FORAS TALUNTAIS—ACCOUNTS FOR YEAR ENDED 31st MARCH, 1966

CAPITAL FUND

Account of Receipts and Payments for the year ended 31st March, 1966, of the Capital Fund Established under Section 10 of the Agriculture (An Foras Taluntais) Act, 1958, (No. 1 of 1958)

				Receipts in year ended 31st March, 1966	Cumulative Receipts to 31st March, 1966					Payments in year ended 31st March, 1966	Cumulative Payments to 31st March, 1966
				£	£					£	£
Transfer of Grant from Grant Counterpart Special Account				—	840,000	Cost of Investments held at 1st April, 1965		..	..	58,990	—
						Cost price of Investments
Balance at 1st April, 1965			..	58,377	—	purchased		..	..	143,456	—
Cost Price of Investments returned on						Provision of new facilities
returned on realisation			..	157,446	—	for carrying out agricultural
Profit on realisation of						research for and under the control of the
investments	..	..	..	—	46,455	Institute:—
Cost of Investments held at						Purchase of lands, buildings, and
31st March, 1966		..	..	45,000	—	equipment	..	..	..	18,912	826,491
						Institute Headquarters:—
						Purchase of premises (Including renovation and
						decoration)		..	..	—	20,499
						Balance at 31st March, 1966:
						Cost of Investments held			£45,000
						Less due to
						Bank		..	£5,535
										39,465	39,465
				£260,823	£886,455					£260,823	£886,455

	J. G. LITTON, Chairman.	T. WALSH, Director.
	21/12/66.	21/12/66.

AN FORAS TALUNTAIS

CAPITAL GRANT ACCOUNT

Account of Receipts and Payments for the year ended 31st March, 1966

		Receipts in year ended 31st March, 1966	Cumulative Receipts to 31st March, 1966					Payments in year ended 31st March, 1966	Cumulative Payments to 31st March, 1966
		£	£					£	£
Non-Repayable State Grant		125,000	140,000	Balance at 1st April, 1965			..	228	—
Balance at 31st March, 1966:—				Provision of new facilities for carrying out Agricultural Research:—
Amount due to Bank	..	2,552	2,552
				Moorepark
				Dairying Research
				Laboratory	..	..	..	77,772	90,553
				Purchase of New Land			..	15,169	15,169
				Station Manager’s
				Residence	..	..	..	5,667	5,667
				Dungarvan
				Apple Store		..	..	8,094	8,094
				General Purpose Farm
				Building		..	..	3,187	5,634
				Kinsealy
				Mushroom Unit		..	..	6,207	6,207
				Dunsinea
				Calf/Lamb House			..	3,125	3,125
				Clonroche
				Staff Hostel		..	..	2,003	2,003
				Termonfeckin, Co. Louth
				Home Economics Unit			..	6,100	6,100
		£127,552	£142,552					£127,552	£142,552

	J. G. LITTON, Chairman.	T. WALSH, Director.
	21/12/66.	21/12/66.

AN FORAS TALUNTAIS

ENDOWMENT FUND

Account of Receipts and Payments for the year ended 31st March, 1966, of the Endowment Fund established under Section II of the Agriculture (An Foras Taluntais) Act, 1958 (No. 1 of 1958).

				£							£
Balance at 1st April, 1965	..	..	..	1,002,607	Cost of Investments held at 1st April, 1965						1,002,432
Cost of Investments held at 31st March, 1966			..	1,002,432	Balance at 31st March, 1966:—
					Cost of Investments held			..	..	£1,002,432
					Cash at Bank	..	..	..	..	175
											1,002,607
				£2,005,039							£2,005,039

	J. G. LITTON, Chairman.	T. WALSH, Director.
	21/12/66.	21/12/66.

AN FORAS TALUNTAIS

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31st MARCH, 1966

INCOME

						£	£
Investment Interest:
Endowment Fund		..	..	..	..	55,842	58,486
Capital Fund	..	..	..	..	..	2,644
Grants, Donations, etc. by outside Bodies					..		71,922
Sale of Livestock, produce and other Receipts							184,938
State Grant	..	..	..	..	..		1,279,280
Expenditure	..	..	..	..	..		1,594,626

				Council Director and Headquarters	Animal Production	Horticulture and Forestry	Plant Sciences and Crop Husbandry	Rural Economy	Soils	Research Stations	Total
				£	£	£	£	£	£	£	£
Salaries and Wages	..	..	..	112,949	176,762	57,727	103,796	91,247	168,742	299,290	1,010,513
Travelling and Subsistence		..	..	9,526	14,986	7,225	11,794	12,736	14,702	6,375	77,344
Laboratory Equipment and Supplies			..	—	17,533	1,931	8,144	2,076	19,432	329	49,445
Machinery, Vehicles, Implements, Tools,
Office Equipment	..	..	..	4,215	3,161	—	39	2,208	141	36,756	46,520
Fertilizers and Feeding Stuffs		..	..	—	4,994	—	63	3,831	—	55,602	64,490
Livestock and Poultry, including
Veterinary Supplies and Services		..	..	—	11,766	—	—	6,814	—	66,457	85,037
General Operating Expenses (Note 1)			..	27,586	24,013	960	4,409	13,076	6,357	169,854	246,255
				154,276	253,215	67,843	128,245	131,988	209,374	634,663	1,579,604

Stocks at 1st April, 1965		..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	517,667
																			2,097,271
Less Closing Stocks, 31st March, 1966				..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	530,880
																			1,566,391
Grants for Agricultural Research			..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	8,243
Scholarships etc. for Post Graduate Agricultural Research							..	..	..	..	..	..	..	..	..	..	..	..	5,649
Study Courses, Seminars, Conferences				..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	1,197
Staff Training	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	11,191
Balance Being excess of Income over Expenditure						..	..	..	..	..	..	..	..	..	..	..	..	..	1,955
																			£1,594,626

	J. G. LITTON, Chairman.	T. WALSH, Director.
	21/12/66.	21/12/66.

AN FORAS TALUNTAIS

GENERAL OPERATING EXPENSES

NOTE I.

						Council Director and Headquarters	Animal Production	Horticulture and Forestry	Plant Sciences	Rural Economy	Soils	Research Stations
						£	£	£	£	£	£	£
Publications, Advertising, Publicity					..	12,744	—	—	—	381	—	173
Postage, Telephones, Electricity					..	6,077	11,245	—	1,435	4,454	3,299	58,984
Library (including Purchase of Books
and Journals)			..	..	..	1,376	2,224	954	1,666	653	2,912	73
Stationery and Printing				..	..	2,812	1,993	—	17	575	4	6,199
General Maintenance			..	..	..	2,490	6,004	—	102	5,265	5	65,444
Petrols, Oils, Greases, Repairs to
Machinery and Vehicles				..	..	15	1,049	—	97	1,666	69	19,894
Other	..	..	..	..	..	2,072	1,498	6	1,092	82	68	19,087
						27,586	24,013	960	4,409	13,076	6,357	169,854

AN FORAS TALUNTAIS

BALANCE SHEET AS AT 31st MARCH, 1966

LIABILITIES										ASSETS
								£	£							£	£
Bank	..	..	..	..	..	..	..		54,737	Lands and Buildings (including property
Property accepted under Section 16 of the										accepted under Section 16 of the Agriculture
Agriculture (An Foras Taluntais) Act, 1958										(An Foras Taluntais) Act, 1958)				..	..		1,081,542
Lands and Buildings				..	..	..	..	92,000
Stocks		..	..	..	..	..	..	80,429		Investments at Cost		..	..	..	..		1,047,432
									172,429							£
										Stocks
Capital Fund			..	..	..	..	..		886,455	Livestock	..	..	..	..	..	154,053
Endowment Fund			..	..	..	..	..		1,002,607	Farm Produce		..	..	..	..	8,370
Capital Grant Account				..	..	..	..		140,000	Machinery	..	..	..	..	..	312,593
Income and Expenditure Account						..	..			General Supplies		..	..	..	..	55,864
Balance at 31st March, 1965					..	..	..	401,671									530,880
Year ended 31st March, 1966					..	..	..	1,955
									403,626
									£2,659,854								£2,659,854
										Note: Market value of Investments held at 31st March, 1966: £965,260.

	J. G. LITTON, Chairman.	T. WALSH, Director.
	21/12/66.	21/12/66.

REPORT OF THE COMPTROLLER AND AUDITOR GENERAL.

The foregoing Accounts and Balance Sheet are, as required by Section 19 of the Agriculture (An Foras Taluntais) Act, 1958, in the form approved by the Minister for Agriculture and Fisheries. I have obtained all the information and explanations which I considered necessary for the purpose of my audit. 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 Taluntais for the year ended 31st March, 1966, and of the state of its affairs at that date, and are as shown by the books of An Foras Taluntais. I have no observations to, make upon them.

E. F. SUTTLE,

Comptroller and Auditor General.

21st December, 1966.