Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698075000273.pdf (Guyana)
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REPffi T OF THE DIRECTCR OF AUDIT GN TI-IE ACCOUNTS OF TH� FI SH l'iARKET AND CstTTR E Fffi THE TWO YEARS ENDED .

.

31ST DECEMBER ., 1961, AND 31ST DECEMBER., 1962.

------------ REPORT OF THE DIRECTOR OF AUDIT ON THE ACC0u11TS OF THE FISH MA'1KET AND CENIB.E FCR THE TWO YEARS ENDED 31ST DECEMBER, 1961, AND 31ST DECEl\IBER, 1962.

The books and accounts of' the Fish Market 31st December, and Centre for the two years ended 1961, and 31st December, 1962, have my direction.
been exal11.ined under '.IRADING AND PROFIT AND LOSS ACCOUNT - 1961 £e�tion of :Uarket Services Miscellaneous Expenses - $1,849.08 2.

As the result of' an error of' commission, the total miscellaneous expenses f'or the year have $20.00.

been over-stated by Net Loss - $8,883.65 3.

As the result of the comment at paragraph 2, above, the net loss f'or the year has been over­ stated by $20.00.

B.ALAJ.

"\TCE SHEET AS AT 31ST DECEUBER, 1961 (a) Assets Government Produce Depoti Georgeto1,vn $2,184.49 4.
T'.ne balaYJce, due to -the Fish Market and Centre, as ref'lected in the books of the Gover::1ment Produce Depot at 31st December, 1961, was '1P2,180.

57, a dif'feren ce of' $3.

92.

Milk Pasteurisatlon Plant - Open Accounts $470.55 Milk Pasteurisation Plant -Gfillera.l Ledp;er Account 15.47 §486.02 5.

The balance due to the Fish IVIarlret and Centre as reflected in the books of the Milk Pasteurisation Pla.

"'1t at 31st December, 1961, was $346.80, a dii'ferance of' $139.

22.

·- /6.
22.

·- /6.

2 (b)Liabilities Accountant GeneraLCurrent Acco� - f$8,103.84 6.

As a result of the comment at paragraph 3, above, this balance has been over-stated by :ii;20.oo.

7.

The balance of the deposit ace oun t as shown in the books of the Accountant General at 31st December, 1961, was J14,130.52.

It has been sug6ested that steps should be taken to reconcile and adjust the difference of $6,026.68.

Sundry Creditors - Open Accounts -§?9,521.31, ... .
S. As a result of the error of commission men ti on ed at p�agraph 2, above, this total has been over-stated by i20.oo.

1RADI:NG AND P:10FIT AND LOSS ACCOUNT - 1962 Sales - $341,704.78 9.

Errors in calculating the selling price of f'ish have resulted in several incorrect charges to customers' accou.

'1ts and a net under-statement of $49.28., in the total sales for the year.

0 Net Loss - 5l40, 619.

90 10.


As a result of the com..v::ent at paragraph 9, above, the net loss for the year has been over-stated by 'Il>49.28.

BAL.Ai.

'\TCE_§llEET AS AT 3 1ST D�CEi:IBER, 1962 ( a) Assets Si.m dry Debtors -Ooen Ac c�_us - $261 17 9.13 11.

As the result of the incorrect charges to customers' accounts, mentioned at paragraph 9., above, this total has been under-stated by a net anount of $49.

28.

12.
28.

12.

In for ma ti on has been requested concerning the action taken to effect recovery of sundry debtors' balances totalling $13,511.42, outsta't'lding for a considerable period.

which have remained 13.

Attention has also been dram to the position regarding balances due by fish centres and fish vendors.

It would appear that there has been very unsatisfactory large balances, far in excess of the approved limit of one week's credit, have been permitted to accumulate.
credit control and, as a result, /14.

3 - 14.

It has been suggested that action should be taken to clear credit balances on debtors' accounts_ totalling $1,198.56, at 31st December , 1962.

IV'dlk Pasteurisation Plant - Open Accounts Milk Pasteurisation P�_!_: General_bedger Accouni - - $4,313.80 32.13 [4'; 3 45.

93 15.

The balance due to the Fish Market and Centre., as reflected in the books of the N.tilk Pasteurisation Plant at 31st December, 1962, was $3,808.61.
It has been suggested that steps should be taken to reconcile and adjust this diff'erence of' $537 .32.

Deposit on Ammonia Cylinders - $1,036_&� 16.

It would appear that the cylinders, in respect o.f which this deposit had been paid., had all been returned during 1962, but the deposit remained unrecovered up to the time of inspection in August., 1963.

This is unsatisfactory.

(b)Liabilities Acco1.mtant General Current Account - $44783� 17.
As a result of the comments at paragraphs 6, and 10, above, this balance has been ovet>-stated by $69.

28.

0 18 •.

It has n ot been possible to verify this balance with the balance of the Treasury Deposit Account., as at the time of in spec ti on in August., 1963., the books of' the Accountant General had not yet been closed to 31st December., 1962.

Sun dry Credi tors - Open Accounts -$20,945.30 19.

As a result of the comment at paragraph 7, above, this balance has been over-stated by :/Ji20.oo.

20.
20.

This balance in eludes an amount of $183.

52., ·which has remained unpaid since 1960.

It has been suggested that steps should be taken to c lear this account.

Stock 21.

Stock lists., duly certif'ied by an employee produced in of the Fish Market and Centre, have been support of the stocks on hand at 31st December., 1961, and 31st December, 1962.

Attention has been drawn to the fact that a physical check of' these stocks by a Board of' Survey., has however., n ot been carried out.

/22.

4 22.
/22.

4 22.

Attention has been drawn to the writes off of abnormal losses resulting from spoilage and shrinkage.

23.

It was claimed that 24,247 pounds of fish, Fisheries Advisei"' during the quarter ended valued at approxi mately $8,392.78, had been condenned as being unf'it f'or human consumption on the recommendation of' the I.C.A.

30th September, 1961, and accordingly written off.


It would appear, however·, that thl s officer did not agree that this quantity of fish had been disposed of due to spoilage during a three months period.

He further denied that he had been advised of t]:l..i s loss and suggested that the matter warranted an investigation.

Inf'ormation has been requested as to what further action, if' any, was talc en in the matter.

24.
24.

Certificates from the Municipal Incinerator have not been seen confirming the destruction of 87,873 pounds of fish which had been vvTitten off due to spoilage during 1962 and which, it was claimed, had been sent to the Incinerator for destruction.

25.

Shortages of stock whl ch are revealed by a physical check are written off as shrinkage without, it would appear, any investigation being carried out as to the causes for such large discrepancies.
It follows that any shortages which may have resulted from theft, fraud or clerical errors are automatically wri tt en off • 26.

It was brought to attention in our 1960 report that the writing off of spoilages and shrinkages was not done in accordance with the approved procedure.

Cb 7th June, 1961, assurance that strict complian ce with the procedure w ould, in future, be insisted upon.

However, during the period under review n o evide.11ce has been seen that the correct procedure has been implemented.
the Director of Marketing gave a.TJ 27.

The spoilages and s]:l.rinkages in tbis Market a re reaching alarming pr opor ti on s. I am not sa ti sfi ed that there is sufficient control over the physical stock nor is sufficient investigation into these shortages being carried out and as a result it is not possible to determine if they have resulted from theft, fraud, or serious irregularity.

28.

The stock books, as produced for inspection, do not bear any evidence of internal check.

/29. '
/29. '

,., - 5 Yearly Deficit.§_ 29.

Over the last f'ive years, the net deficits, f'or the running of the Fish Marke't a..."1ct Cen-cre, were as fol:'...ovvs :- 1958 1959 1960 1961 1962 $57,827.21 64,344.39 59,134.31 45,615.41 93,159.83 30.

Th,e increased deficit for the year 1962, should give ca.use fop grave concern as such deficits are a charge against Public F\mds.

AUDIT DEPARTMENT, GECR GETO\\N, ffi!TISH GUIANA.

29th October, 1963.
29th October, 1963.

...... AUDI T GER TI FI CATE The attacbed Balance Sheets have been examined.
I have obtained all the information and explanations that I have required, and I certify., as a result of this audit, that the Balance Sheets exhibit a true and fair view of the Fi sh Market and Centre's affairs as at 31st December., 1961., and 31st December, 1962., subject to the observations contained in my Report dated 29th October., 1963. ;t 11. :}--1.J.. Director of�-Au/ut T, AUDIT DEPA.ft TI,1EN GECR GETOV¥N., :RI TI SH GUI AN A.

29th October, 1963.
29th October, 1963.

Af3 WjEA GOVERNMENT FISH MARKET AND CENTRE FINANCIAL REPORT FOR THE YEAR ENDED 31st DECEMBER, 1961 Appendi�:- of Market Services.

1, Balance Sheet.

2.Operation 3.Operation of Refrigeration 4.Trading StatementFish 5.Trading Statement -Gasolene and Oils 6.Sundry Debtors 7.

Sundry Creditors 8.Stock List Plant 2.

The deficit for the year's operation was $45,615.41 which is $13,518.90 less than the previous year's deficit.
Deficit on Market Services do · do Refrigeration $_8,883.65 Plant.

36 � 7 31.76 $45,615.41 .. 3.

Under Head III Agriculture Sub-Head 34 provision was made for a deficit of $ 35,000.00.

The deficit was therefore exceeded by $10,615.41.

Application as there was a substantial to transfer a similar amount from Sub-Head saving under this Head.

32 has been made, • .,..../1:::·A i◄,.


� 1960 GOVERNMENT FISH MARKET AND CENTRE BALANCE SHEET FOR THE YEAR ENDED 31st DECEMBER, 1961 Ll ABlLl Tl E.§ $€5,141.43 Accountant General Account $66,896.16 $75,000.00 9,858.57 Working Capital $75,000.00 Less Current Acct.

8,103.84 !�.§ E.'.£§.

P etty Cash Cash in hand Cash in Bank De pt.


01ar:ge Ft.nd $ 50 .oo 234 .78 32,088 �56 10.00 $32,383.34 1960 $ 50.00 722.74 16,819.71 10.00 Sundry Creditors Stock .. $ 7,620.11 Open Accounts Paul Magnan c.Roberts 9,521.31 .29 .03 Fish GasoJere & Oils Refrigeration Plant Supplies Scrap Iron $11,467 • 57 1,485.29 6,380.94 1,096.34 8,292.68 19.88 $21,265.42 3,496.15 32.72 Sundry Debtors $15,420.35 2 ,184.49 Open Accounts G • PD-Geargrt.own Govt.

Ham & Bacon Factory.


Cape St. Mary Milk Past.Plant G.P.D - N/A 1,058.96 1,531.38 15.47 661.09 $20,871.74 $ 13,339.86 11,937.13 15,579.02 1,531.38 -- 498.35 $ 72,761.54 $ 76,417.79 Deposit on Amonia Cylinders Loss of Rlblic Funds 1,843.20 54.09 --- 1,267.20 $76,417 .79 $72,761.54 CERTIFIED CORRECTi- � ;..._.,J /Assistant [Accountant, (ag.)

Marketing Division.

21st May-, 1962 .. YI ,t"' /j)i- ::::.

:===­c � Accountm t, (ag.)

---ga rk et ibg Divis ion.


2J.st May11 19�6._2<> )?·�GW/EA l960 ,OPERATION OF MARKET SERVICES FOR THE YEAR ENDED 31st DECEMBER, 1961 GOVERNMENT FISH MARKET AND CENTRE $35,672.90 $ 30., 236 .41 $20,109.02 ?09.

99 53.45 3,246.94 2,400 .oo 918.69 8,033.90 55.19 145.72 OPERATING EXPENSES Salaries and Repairs & Maintenance-M.V.

Wages do do-Buildings Miscellaneous Expenses Cold Storage Power and Lights Sussex Street Wharf Exp.

TTavelling & Subsistence Water Rates T.& H.Dept.
Freight $21,110.59 700 • 27 3 7.87 1.,849.08 4;042.14 1,787.16 584 � 14 125.16 -f I .. 1960 $ 3 ,4 31.25 REVENUE Wharfage Ramp and Grid Rest House Sundry Revenue $ Landing Fees Cash short & Over Scrap Iron Sussex St. Wharf T .& H. De pt • F.re:igL Profit on Fish 11 on Gas 589.25 1,975.65 11.58 4 8.40 -- 94.71 38,062.38 632.21 765.01 2,684.85 490 .38 2,268.88 13.39 125.14 2,254.10 48.04 18,655.17 .. 921.02 $35.,672.90 $ 30,236.41 $ 41,414.18 $31,657.23 AI:MINISTRATIVE EXPENSES - $ 6.,758.73 $ 6,094.39 Net Loss $ 8,883.65 $25,174.40 $ 5,871.38 1,896 .
?!

5.,546 .80 203.00 $13,517.45 50% of Sclaries and Wages REpairs & Maintenance-Bkgs.

Acministrative Stationery Expenses $ 3 ,157.19 661�2?
2,220.05 55.88 $ 3,750.00 13.,050.00 $ 8.,400.00 INTEREST CHARGES 50% of Trading Capital Fixed Assets $ 6,094.39 $ 7,850.00 $ 3.,750.00 11,950.00 $15,700.00 $ 6.,000.00 RE:PLACEMENT CHARGES 50% of $ 6,000.00 () 4.,400.00 '"$ 6,000.00 100.00 1.,500 .oo Buildings Machinery Furniture & Fixture Miscellaneous Equipment $ 4,400.00 6,000.00 100.00 11500.00 $56., 831 .63 Cf rried forward $ 12 ,000.00 $ 50,180.80 $ 50,297.133 $56,831.63 __.,..- $ q,� 2 'l $56,831.63 Brought f orward $ 12,000 .oo $50,180.80 $50,297.83 $56,831.63 Suddie Hospital-Write-Off Counterfeit Notes do $ 107 .03 10 .oo $ 117 .03 $5E ,831.63 $50,297.83 $50,297.83 $ 56,831.63 CERTIFIED C0RRECTi- /ihl,9.e;/l:r?
.Assistant �o untant (ag.

), Marketing Division.

May, 1962. ft/Zn J,f�-/ Ch1,.e.-:f·-1fc�untant (ag.

), -··Marketi� Division.

y/ May, 196 2.

1 • c,eA GW/EA 1960 $10,032.22 10,016.00 602.09 3,336.51 5., 005.22 'Z"/6 .60 OPERATION OF REFRIGERATIO N PLANT (SUPPLIES & SERVICES) FOR THE YEAR ENDED 31st DECEMBER, 1961 Q.QVERNMENT FISH MARKET AND CENTRE $£9,268.64 $45,123.88 OPERATING EXPENSES Salaries & Wages Power and Lights Miscellaneous Expenses Supplies Refrig.
Plant Repairs and Maintenance Purchase of Ice Travelling & Subsisten Equipment ce .$.13, 24 9 • ;3,q.
17�717 .. 90 8,540.18 5 ,019.88 38.00 322.50 71�55 164 .54 $29,268-.64 I $45,123.88 ADMINISTRATIVE EXPENSES $ 5.,871.�8 1,896 ... 27 5., 546.80 __ 2QQ4!00 $ 6,758.72 50% of Salaries and Wages Repairs & Ma:intenaroe-BJdgs Administrative Expenses Stationery $ 3,157 021 "661.26 2,220.05 55.88 $ 6,094.40 $13,517� $ 6,094.40 $ 8.,400.00 INTEREST CHARGES 50% of Trading Capital Fixed Assets $ 3.,750.-00_ 13.,050 .. 00 $16,800-.00 $ 7,850.00 $ 3,750.00 11,950 .oo $15,700 .oo $ 4,400.00 6,000.00 100.00 ::\., 500.00 -$.1·2,000.
O?

__ � ) i $ 6,000.00 $ 6,000.00 REPLACEMENT CHARGES SO% of' Buildings Machinery Furniture & Fixtures Miscellaneous Equipment $ 4,400.00 6,000.00 100.00 1,500.00 $12,000 .oo REVENUE --- Ice Sales Storage S undry Revenue Revenue Water $14,716.02 13,356.66 263.84 $ 4,156.08 11,914.84 377 .78 18(>75 1960 $28,336.52 $16,467.45 Net Loss 36,731.76 33.,959.91 $65,068.28 $50,427.36 i5o,427 .36 $ 65,068.28 CERTIFIED CORRECT:� f:1(1, /, / " l"VI lJ � /Assistant A/4countant (ag.)

Marketingl-"Division.


21st May Jt 1962" 'lfl,c/.t: -----= C�--kccountant M"arketing Division., (ag.)

2Jr-.t May.., 1962- I ' 'T"��W1EA ...... ,.. /· � $ 8,446.57 233,591.54 $ 242,038. ll Opening Stock Purchases 6!

380 .94 Less Closing Stock $ 6,380.,94 243!


548 .9� $249 ,929.90 __ l_b467.57 GOVERNMENT FISH MARKET AND CENTRE TRADING AND PROFIT AND LOSS STATEMENT OF FISH FOR THE YEAR ENDED 31st DECEMBER21 961 ,:/I 1960 Sales $ 276,524.71 $ 254,312,..34 $ 235,657.17 18L655._J.7 Gross Profit $ 254,312.34 $238,462 �33 38,2062.38 $276,524.71 $ 276,524.71 $ 254,312.34 CERTIFIED CORRECT:- (111 ,,,Assistant A,countant (ag.)

Marketin.

Division.

21st May, 1962.

/ �tfl-cf✓tt�- .--- __ Ghie-1' ..

Accountant (ag.)
Accountant (ag.)

--- Marketing Division.

r ( 21st May, 1962.

I .

- <iAGW/EA � GOVERNMENT FISH MARKET AND CENTRE TRADING AND PROFIT AND LOSS S TATEMENT FOR THE YEAR ENDED 31st DECEMBER2 1961.
GASOLENE & OIL 1960 - $ 681.90 172086.49 $ 17,768.39 l.z096o34 $ 16,672.05 12952.03 Opening Stock Purchases Less Closing Stock Gross Profit $ 1,096.34 Sales 132912.60 $ 15,008.95 l,t485,,29 $ 13,523.66 12 596 .81 $ 15,120.47 $ 18,624 .. 08 1960 $ 18,624.08 $ 15,120.47 $ 15,120.47 $ 18,624.08 OPERATING EXPENSES and Wages Salaries Power and Lights Miscellaneous Expenses $ 817 .10 120.00 27 .50 $ 791.01 240.00 ·-- $ 1,031.01 921.02 Ne $ 1,952.03 1 t Profit $ 964.60 632.21 $ 1,596.81 CERTIFIED CORRECT:- ,@)A)_,,,,_( /4� Gross Profit $ 1,596.81 $ 1,952.03 $ 1,596.81 $ 1,952.03 t;lnl� 'Assistant 4,4-�oun tant (ag.)
Marketing Division.

21st May, 1962.

.Ch1:-e-r··Accountant (ag.)

Marketing Division.

21st May, 1962.

GOVERNl\llENT FISH L.', .. HK-:3T AHD · CFNTRE SUNDRY DEBTORS AS AT 31st DECEMBER, 1961 .
J - DEBIT CREDIT $ 18,88 529 .28 46.80 57.72 2.,876 .70 38.50 118.00 15.00 122.60 11.00 266 .94 45.16 155.87 .40 163.54 139.44 16.7 5 229 .05 1.35 21.76 431172 327.68 3.04 182,25 168.52 46 .• 20 4.32 3.10 116 • 66 65.25 ·94 • 56 82.00 97 .oo 202.so 99.00 72.27 Company Trade School Gold Fields April, Joseph Ambrose, Edgar Ally, Sam African Manganese Be st Hospital Bethel, R• I s Super Market Booker B.G.
Consolidated Burgan, w. Boodram, Kissoon Booker's Stores Limited Carnegie Cordis, Cyril Cape st. Mary Conve rti,.

M. Clement, P. Caesar, J• Dept.

of Agriculture:Fisheries 11 11 Agric.

Supt.

E.B.D.

ff Essequibo "; Fisheries Division Marine .

.

Dookoo, J. Dept.

of Agriculture: Vlissengen Road DeRoche, P. DeFreitas, Dept.

of Agric.

Fisheries Research Cape st. Mary Dept.

of Agriculture: 11 Extensio� 11 11 " G. Fisheries Asst.

Director Vet.

11 11 11 " 11 " Division·rnland .

f C.A.


E.A., Ferrier,· Girdharry, Govt.

T. T. College Gregg, G, Gibson, J .R.

Hunte, o.

Hotel Tower Holtz, c.J.

Josiah, Francis Juma, H. Kowle ssar, A. Khan, M.A .H.

Leprosy Hospital Lyte, R. Mille P asteurisation Plant Mental Hospital Mendonca, L. Mittelholzer, McIntosh Noel, Samdifo.rd Palms Institution Public Hospital, Georgetown Suddie 11 11 Mabaruma t1 u 11 Bartica.

.. C.I.V.

New Amsterdam 11 11 t1 11 11 New Amsterdam Prison Dept.

H.M.P.S.
H.M.P.S.

and Georgetown Police -Supt i Other Ranks Mess Police Consumers Co-op Police Training School Paul., L.F. Patrick, Persaud, Peters, H. Peters, Simon Peters., w. D. Basdeo 819.92 1os.oo 470.55 167.14 1.19 70.00 55,25 74.50 245.80 302.47 468,79 616 .66 62074 449.98 lt52 .,OO 282.16 44.00 65 .71 2.00 659.00 32.00· 1s8 .7o· s.oo Carried forward $ 11,799,67 Brought forward Prison Dept.

Georgetown.
Georgetown.

Prison Department, Mazaruni Persaud, Cidy Ramroop, James Ramkissoon, G. Roberts, M. Ryan, S. Roberts, J, Sahadeo, J. Scott, R.F.

Stoll, F. S ookhai, R. St, Joseph's Samuels, Herbert J. Van-Sluytman, Van-Sluytman, A. Walker, Oscar Wray, K.F.N.

Wyatt, A. Wharfage Young, E. Suspense - Sundry D ebtors Account Mercy Hospital DEBIT CREDIT $1a,799.67 476.05 1,079,90 382.
92 35.00 47,00 34.00 53,50 24,00 70.00 384,80 3,00 439.50 20.00 816 ,03 21.75 5�28 3.20 539.45 16.00 1,64 .37 Sundry Debtor's 1961 December, $15,420 e35 $16,253,06 ..• GOVERNMENT FISH MARKET AND CENTRE SUNDRY CREDITORS AS AT QUARTER ENDED 31st DECEMBER, 1961 Department Ltd.

Corporation Marketing Agencies Transport and Harbours B.G.
Electricity Petroleum G.Baksh Public Works Department A. M. Fredericks Ltd. T.Geddes Grant Ltd. Basdeo Persaud Ramdeen A.Kowlessar Eo Lawrie O.Walker I.Kerrutt Bookers Stores Ltd. Sprostons Technical P9sisti Development J • N. Git tens Mayor and Town Council The Daily Chronicle H.B.

Gajraj Fisheries Foster and Company Ltd. Division Extension Ltd. Ltd. Organization $ 250 .11 4,348.65 1,622.11 35.00 29611-23 183.52 68.44 563.00 97 .22 16.
28 20.02 8 .32 56.12 15.50 1,174.88 117.79 149.35 56.86 100.00 49.52 274 .87 17.50 $ 9,521.31 0 --� /rs ,._ GOVERNME• FISH MARKET AND CENTRE ( I STOCK LIST AS AT 31st DECEMBER,1961.

& Oil Gasolene Gasolene Lubricating Oil Gals.

1,930 58¾ Cost Price Value 69½¢per gln.

� 1,341.35 11 143.94- --,-- $ 1,485.29 Fish Heads Lbs.
Cost Price 4,595 1,006 ) Snapper Queriman Grey Snapper(lge) Sea Trout(lge) Sea Trout(sml Snook (lge) Table Basha(Med) Table Basha(sml� Gubby Basha(lge - Paggee(sml Paggeeflge - Snook sml Croakers Mull et s ( sml) Mullets(lge) Moracut (sml) � racut (lge) Grouper Mixed Fish Shrimp 8 l •w 12;093¾ 4,428 1,783, 60 196 345 605 76 781 H� 70 54 9J '607 1,218¼ 3,184 4,491 24 197 12 11 VI 91 if Ii II 11 ti II II If !I .44¢per lb.
.40¢" .42¢ 11 •3 2¢ 11 • 20¢ ,42¢ Tl • 30 ¢ " • 22¢ 11 .42¢ YI ,18¢ ; 26¢ II n .20¢ .15¢ fl n .24¢ �34¢ II • 20¢ 11 ,36¢ ti .12¢ " .36¢ n .40¢ " ii n II !I II VI VI n " $ 5,321.25 1,771.20 748.86 19�20 39020 144.90 181.50 16�72 328�02 3�24 18.20 10080 13 .. 95 145�68 414�.21 '636�80 1,616.76 8.64 23'.�64 4.80 Scrap Iron Lbs.

,- 1,483 Per Ton $ 30�00 Value.

$ 19.88 $ 11,467.57 CERTIFIED CORRECT:- i SAB/JC FINANCIAL REPORT OF THE GOVERNMErrr FISH MARKET AND CENTRE FOR THE YEAR ENDED 31st DECEMBER, 1962.
-----oOo----- Appendices: 1.Balance Sheet 2.Operation of Market Services 3.Operation Plant 4, Trading Statement 5, Trading Statement -Gasolene and Oils 6.Sundry Debtors and Creditors 7.Stock List.

of Refrigeration -Fish 2, The deficit on the operation of the Fish Market for made up as follows:- the year was $93,159.83 Operating Loss Refrigeration Plant II Market Services •• n • • $ 5 2 , 5 3 9.

93 • • 40,619.90 93,159.83 3.

Fish purchased during the year was 1,091,323 lbs.


valued at $313,783.61, while sales amounted $341,704.78.

to 916,555 lbs.

valued at 4.

The �urchasesand sales of Gasolene $13,856.16 and �16,207,51 respectively, and Oils were 5, The sales on ice were $10,076.24, a decrease of $4,639.78 on the previous year's operations.

6.

Expenditure under Head 36, Sub-Head Amount voted •• Suppleme ntary Provision .

.

9 is as under:- •• $ 22;571.00 • • 1s1470.oo 41)041.00 • • Deficit for year • • • • • • 931159.
83 Expenditure in excess .• •• $ 52,118.83 7.

It is proposed to set off this excess of $52,118.83 under Sub-head 9 against a saving of $85,609.00 of the same Head 36, application the Accountant under Sub Head 7 to this effect has been made to General.

)t;J£�f;[f;{_ Chief.

Ac�6untan Marketing Division.

t (ag.� ·: .

AW/EA o• C:-: 1961 GOVERNMENT FISH IvIARRET AND CENTRE BALANCE SHEET FOR THE YE.AR ENDED 31st DECEMBER, 1962 L I A B I L I T I E S h, S §.

E T §. )'

1961 (;66, 896.


16 Accountan t General Account (;30,16 0.54 t ,}75, ooo.

00 8,103.84 Working Capital 075,000.00 Less CUirent Aoo t: 44,839.46 Sundry Creditors Petty Cash O 50.00 Cash in hand 3,095.21 Cash in Bank 8,907.69 Iept.Clarge Fund 10.00 (,12,062.90 (' " <,.l 50.00 234-78 32,088.56 10.00 9,521.31 29 03 Open Accounts Paul Magnan c.Roberts Rural Ice Boxes Comptroller o:t: Custorns{Duty) G.P.D.

G.Town 020,945.30 29 03 161.


25 20 4,263.19 :)25,370.26 Sunclry Debtors Stock Fish Cmcilene & Oils Refrigeration Plant Supplies Scrap Iron '\ 6 :.., 3,07 .22 8,124.83 _ 27q_._,26 937.38 �;12, 414.

79 1,322.45 1,531.38 f\26,179.

13 Open Accounts " G.P.D.

G. Town G ovt.Ham & Bacon Factory Cape St. Mary Milk Past.

Plant G.P.D.

-N/A T.&.H.Dept.

Claim Account Deposit on .Ammonia Cylinder>s Loss o:t: Rlblic Furm Dept.

of.'

Agric.
of.'

Agric.

Y. Yham Wages Over Drawn 32.13 567.50 ��29, 632.59 11,467.57 1,485.29 8,292.68 19.88 fas , 420.

35 2,184.49 1,058.96 1,531.38 15.47 661.09 15.38 1,036.80 35�:J3 8.97 i'i ,530.

80 ,,,i55 (; 1,843.20 54.09 (�76,417.

79.

� 76,417.79 1)55 ,530.. 80 CERTIFIED CORRECT: � ' .tl-0Z:;4�c.J 7 A ______ _ cfoountant-, {ag.)

Marketing Division.

8/4/63 �ir,l�---- c�-A:ccountant,(ag.)

_ ------- Marketing Division.

8/4763 1.�EV:SNUE Sundry Revenue� Landing Fees c�"sh short and over.

S,.
S,.

;:,:,ap Iron 'I'.

s::.

H. Dapt.

U'::.

"'eight) Pro:fit on Fisl1.

Prof:L t or: Gas.

Wate:r Ro.�es.

1�5.25 1,921.71 02 93., 45 201.81 19,529.82 655.83 39.76 $22,597.65 (rry 1961 589.25 1,975.65 11.-58 48.40 94.71 38,062.,38 632.21 {l.+1, 414-18 l'�r:.

::t Loss 40,619.90 8,883.65 o •"'o i:, A.W/E.A 1961 GOVERNLENT FISH M1LT{K:CT AND CENTRE OPERATION OF MARIIBT SERVL::�s FOR THE YK\R ENDED 31st DECEMBER, 1962 :;i30, 236.

4l $43,414.11.J.
4l $43,414.11.J.

OPE.R./ TING EXPENSES Salaries and Wages Repairs & Maintenance -M. v. do.

& do.-Buildings Expenses Miscellaneous Cold StorGge Power and Lights Water Rates T.&.

H. Dept.

Freight $29,L�24.

77 758.61 143.58 5,020.75 4,800.00 2,1.�05 .19 611.63 2J±2 .. 61 ::21, 110.

59 700.27 37.87 1,849.08 4,042. ll-I- 1, 787.16 584.14 125.16 �� 3,157.19 651.

27 2.,220.05 ,22.88 $ 6,094.39 �t 6�091-�.39 .rnMINISTRATIVE EXPEIT:31:;s .. ---5:5�:c:_ A 6 2,...,.

4]' ifi> , ?
4]' ifi> , ?

,; • · • Sal.J.ries and \/'/ages F.epairs & Uaintenunce Adrii.nistrative Expenses Stntionery -Bldgp 3,027�15 708.62 2,5:!.6.

64 �� 6,252.41 ,1�'.

7,5]1.00 �;; 3,750.00 11,352.00 �;15,102.00 $ 6,000.00 $ 7.,850.00 IH11E.i�EST CHARGES 50% of' Trading C:__ _pi tal Fixed .1e\.ssets �?

3,750.00 11,950.00 $15,700.00 $6,000.00 REPLAC.f.

'.iIBNT CHARGES · 50i•& of' Buildings Machinery Furniture & Fixtures Miscellaneous Equipment •;;' , oo.

00 .. � 4 4.
00 .. � 4 4.

6,000.00 100.00 1,500.00 12,000.00 $ h140o.oo 6,000 .. 00 100.00 1,500000 ;�12, ooo.

00 107.03 10.00 Suddie Hospital VMte-0:tr Cow1ter:feit Notes 11 " $50, 297., 83 * ' : • .,,/.,/ �63 217 r: r-.

-�--------=-�-.....,.,.,..- $63,217.55 $50;297-83 Ir.ii p {� Chi.ef ··Accountant� ag. )

- .

.-- Mar lee t iqg Di vi s ion.

�----· - __ 8/4/63.
�----· - __ 8/4/63.

0 AW/EA 1961 OPERATION OF REFRIGERAT ION PL.ANT (SUPPLIES GOVERNMENT FISH MARKET AND CENTRE $45,123.88 OPERATING EXPENSES & SERVICES) FOR THE YEAR ENDED 31st DECEMBER,1962 1961 ·•· $55,427.33 REVENU E $13,249.33 17,717.90 8,540.18 5,019.88 38.00 322.50 71.55 164.24 $45,123.88 $11,578.23 Salaries & Wages Power & Lights Miscellaneous Expenses Refrig: Plant.
Supplies Repairs & Maintenance Purchase of Ice Travelling Equipment & Subsistence 27,104.44 3,468.96 7,272.75 3,558.95 -- 2,444.00 $55,427.33 Ice Sales $10,076.24 $14,716.02 Storage Sundry Revenue Revenue Water 12,350.71 13,356.66 263.84 263.84 Net Loss $22,690.79 ii 28,336.52 52,539.93 36,731.76 $ 6.,094.40 $6,252.39 $ 3,157.

2J.

661.
26 2,220.05 22-88 $ 6,094.40 EXPENSES ADMINISTRATIVE 50% of Salaries & Wages ReJR:irS & Ma:i.ntwm.ce-Bldg3 Administrative E xpenses Stationery $3,027.14 708.61 2,516.64 $ 6,252.39 $7,850.00 INTEREST CflARGE§l 59% of Trading Capital Fixed Assets $3,750.00 111250.00 115,700.00 $7,551.00 $3,750.00 112222.00 J15,102.oo -- $ 6,000.00 50% of REPLACEMENT CHARGES $ 6,000.00 $ i,400.00 ,000.00 100.00 11200s00 (_ 121000!00 Buildings Machinery Fu,rni ture & Fixtures Miscellaneous Equipment �� i,400.00 ·,000.00 100.00 11200.00 �121000.00 $65,068.28 $75,230.72 $75,230.72 �,65, 068.
28 CERTIFIED C ORRECT: _, (l.,4 ,w_�t.,J � Assistant A countant,(ag.)

Marketing Division.

8/4/63.

-- Chie ccountant, ag.

Division.

Marketing 8/4/63.

a, ., 0 u AW/EA 1961 6,380.94 (' \,l 21132248.

96 t 24 ,} 9, 929.

90 Opening Stock Purchases 11,467.57 0 238,462.

33 38,062.38 {; 276,524.


71 Less Closing Stock Gross Prof'it GOVERNMENT FISH MARKET .AND CENTRE TRADING .AND PROFIT .AND LOSS STATEMENT OF FISH FOR THE YEAR ENDED 31st DECEMBER,1962 Sales �) 11,467.57 313,783.61 �) 325,251.18 3,076.22 f,) 322,174.96 19,529.82 () 341,704.78 ) 0 341.,704.78 r� 276,524.

71 1961 0 341,704.78 ;) 276,524.71 CERTIFIED � CORRECT: ,,�?

;4 Assistant Marketing 8/4/63.

A6countant,\ag.

Division.

(,if,, Jt?---- Chi�ccountant,(ag ...---Marketing 8/4/63.

Division.

.)
Division.

.)

0 (' 1961 GOVERNMENT FISH MARKET AND CENTRE TRADING AND PROFIT AND LOSS STATEMENT FOR THE YE.AR ENDED 31st DECEMBER, 196�: GASOLENE AND OILS .fl · ] Opening Stock Purchases t;) 1,096.34 13,912.61 (� 15,008.95 1,485.29 (; 13,523.66 1,596.81 4 \?

15,120.

7 (� Less Closing Stock Gross Prof'i t carr-ied down 0 14,404.07 1,803.44 I', \?
1,485.29 Sales 13,85-6.16 0 15,341.45 921-�8 � .• $ 817.10 I- 120.00 27.50 QPERATING EXPENSES Salaries and Wages Power and Lights Miscellaneous (Write Off') Loss of Public Funds.

Expenses c!i, q;> 964.60 632.21 $ 1,596.81 Net Profit 56.33 $ 1,147.61 62!2• 8� $ 1,803.44 () 16,207.51 0 16,207.51 �� 15,120.47 $ 971.28 120.00 Gross Profit brougt .down.

$ 1,803.44 $ 1,596.81 ·� 6 \,l 1 ,207.51 () 15,120.47 1961 CERTIFIED CORRECT: 'f) .

� # _,li ;� r;;.)

Assista.nt-,,Abcountant,tag.


M-...·{_L#, Marketing Division.

8/4/63.

$ 1,803.44 $ 1,596.81 fft,l:�� Chiet:--:A.ccountant, (ag.)

./-Marketing Di vision.

,--/'/ 8/4/ 63.

-/DL GOVERNMENT FI.SH MARKET AND CEl'-JT.RE 196?.

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1 rers S1,,1.per Mar SUNDRY DEBTORS AS AT 31ST DBCEMBErt, .

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April, Joseph Ambrose, Edgar Ally, Sam Alli, Jack Ar,ioon, S (Jnr.)

Agard, Benjamin Arjoon, S (Snr.)


Andrews, Lutber Bradst·aw, S.A. Best Sa"itori•,m Bethel, R Boo B.G.

Consolidated Burci:an, W Boodram, Kissoon Beresford, Barrow, G.F. Budhu, K Barratt, Myrtle Co1°d is, Cyri 1 Cape St. Mary Convertie, Clement, Caesar, J Carto, B Campbell, P Chandra-Pattie Dept.

of Asric.

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Maurice Peterson 1 ,et Gold .

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Fields Inland • • •• •• •• R I!

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Fisheries Agric.

Supt.

E.B.D.

A�ric.

Supt.


Essequibo Marine FiQheries •• •• II " ii II ii II Dool{joo, J Dent, of Aaric.

Vlis�e�qen Road DeRoche, Paul DeFreit8.s, C.J.

De�t.o� Aqric.

Fieheries ii 11 " CaT'e St. Mary 11 " " Research A"'st, Dlrector, Vet.

• • /o Fis'!-,eries Div.

Ext.

T.A.D.0.

c Ferrier, C.A.

Fresh Foods Limited Girdbarry, E .A.

1 t Teachers Training College•• Gov Gre·�g, G Gibson, J.R. Hunte, 01.�a Hotel Tower Holtz, C.J.
Hove8ein, E Ha.ffiz, H Ince, Dorothy Jo8siah, Francis Ju.ma, H. Kowlessar, Khan, M.A.H.

King, R.Z.

Kalamadeen, A Khan, Bashir Leprosy Hosnital T .

:u-t.A._ }311.d..n 1 'P.-b _ � .

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$ 13. fl38 529.28 15.04 4.25 527.13 218.71 384.46 9.75 7,06 2,473.81 38.50 100.00 l_S, oo 122.60 11.00 171.88 12.39 338.07 96.30 155.87 .40 163.54 139.4L� 16.75 5.20 223.83 72.15 229.05 1.35 21.76 43.72 327.68 3.04 182.25 56.52 81.90 4,32 12.49 33.94 116.66 433.50 .08 198.22 6.5,25 .J9 94.56 238.00 97.00 98.11 9.47 720.16· 1r.1.5 202.80 99.00 103.19 1.11 30.00 71.74 186 • .54 10R oo - 2 - B/Forward .

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M F, C.I.V.

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.. Mendonca, L Mittelholzer, Myers, Cecil Moonsarmny Cecelia Murphy, D.A.

McIntosh McGarrell, Mackenzie Hotel Noel, Sandiford Nan-Kow, R Palms Institution Public Hospital Geor�etown Public Hospital Suddie Public Hospital Mabarurna Public Hospital Bartica Public Hospital New Amsterdam •• Prisons Dept; H.M.P,S, & G/town (1958)Jointly Prisons Dept,, New Amsterdam Police Dept.
Other Ranks Mess Police Consumers Co-op Police Training School Paul, Lancelot Patrick, D Persaud, Basdeo Peters,.

H. Peters Simon Peters, W Pri�ons Dept� Geor�eto¥n Pri�ons Dept.

Mazaruni Per"aud, Cidy Parris, Edwin Police Dept, Quarter Master Store •• Ramroop, James Ramkissoon, Robe1•ts; M. Ryan.

s. Roberts, J. I Ramphal, Sahadeo, J Scott, R.F.

Stoll, F Sookbai, R. St, Joseph Mercy Hospital Samuels, Herbert Subryan, W, Seymour, A,G.
Seunaraine, D. Seepersaud Stephens, V. Percy Sbepherd, Van Sluytman, J Van Sluytman, A, Wallcer,-Oscar Wray, Dr. K,F'.N, Wyatt, Alfred Whar-f'ai:re Young, E. Sucpense Account • • • • .

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-S1.mdr,r Debt0rs • • .

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• • • • • • G $1'5,822.17 1;19 50.00 73�32 '4.47 9�00 55.25 152�21 242.54 74.50 20.02 154.84 862.07 1,346.16 631.87 108.57 808.23 118.45 211.59 166.50 282.16 143.80 65.71 2.00 659,00 32.00 1.58.

70 8.oo 266.75 36J.80 842.80 328.84 22.40 1.20 35.00 47.00 34.00 53.50 104.08 24,00 70.00 384,80 3.00 288.93 20.00 456.89 5.95 166.16 6.51.55 402.
26 3.5.11 816�03 21.75 5.28 3.20 622.80 16.00 1.64 .37 $26,179.13 WI/EA GOVERNMENT FISH MARKET AND CENTRE AS AT 31st DECEMBERt 1962 SUNDRY CREDITORS Department Limited and Harbours Transport Mayor and Town Council Sprostons Public Works Department Guiana Graphic Limited Forest Department Cold Storage and Ice Depot B.G.

Electricity Corporation H.A.

Yenkana Peter Taylor and Company Limited r� Douglas Technical Assistance Petroleum Marketing Agencies Administrator J.N.
Gittens T.Geddes Grant Limited of Housing Development Limited Organisation Holdings (B.G.)

Limited Bookers Stores Limited Industrial ion Plant Govt.

Milk Pasteurisat .

H_.

B. Gajrt'(j Rodrigues Limited J.P. Santos & Company Limited Semco Electrical Services Esso Standard Govt.

Pharmacy A.M. Fredericks Limited Oil Paggee I small Grubby Basha Large Mullets .
large ( sm811 " l Snook large Morocut large� Grouper Tarpon Cod Ftsh Dolphtn Paggee Snapper t:lices G:.ueriman Slices (large) r 12 487 100 186 23 55 2,467 100 38 23 231 243 411 $ 1,261.34 ,260.04 3,582.70 157 .3 5 98,40 ,485.29 1,456.10 7,472.97 80.00 40.00 13.44 1.00 3,056.15 18.00 ,108.47 1,813,20 36.70 567.00 13,33 26,77 8.50 166.20 14.40 20,25 4 • .18 183 ,52 $20,945.30 11 ,, " 11 ll 11 11 t:'.Ur 40� 28¢ 12¢ 40¢ 18¢ H 28¢ 26¢ 36¢ 28; 26¢ II 44¢ u 32¢ II ti II 11 \, 11 11 II ti II If It II fl C"" t � 194.80 28.00 22.32 9.20 9o90 690.76 26.00 13.68 6,44 60.06 106.92 131.52 $ 3,076.,22 �; WI/EA GOVERNMENT FISH MARKET AND CENTRE SUNDRY CREDITORS AS AT 31st DECEMBER, 1962 and Harbours Transport Mayor and T o'Wll Council Sprostons Limited Department $ 1,261.34 , 260 .04 3,582.70 Limited Agencies Public Works Department Guiana Graphic Limited Forest Department Cold Storage and Ice Depot B.G.
Electricity Corporation H.A.

Yenkana Peter Taylor and Company Limited I.D ouglas Technical Assistance Development Organisation Petroleum Marketing Administrator of Housing J.N.

Gittens T, Geddes Grant Limited Bookers "Stores Industrial Govt.

Milk Pasteurisation .

H., B. Gajr&:j Rodrigues Limited J.P. Santos & Company Limited Semco Electrical Oil Esso Standard Govt.

Pharmacy A.M. Fredericks (B.G.)


Limited Plant Holdings Services Limited Limited 157.35 98,40 ,485.29 1,456.10 7,472.97 80.00 40,00 13,44 1.00 3,056.15 18.00 ,108,47 1,813.20 36.70 567.00 13.33 26,77 s.50 166.20 14.40 20.25 4.1$ 183 ,52 $20,945.30 _, /DL GOVERNi'frENT FI f.H ii" A "RFET AND CENTR� STOCK LIST AS AT 31ST DECEMBER, 1962 I Gasolene & Oil Gasolene Lubricating Oil Gals.

Oest Price Value 19280 19½ 69½ ¢ per gln.

t2.45 889.60 47.78 $ 937.38 Scrap Iron ii lbs.

29225 7 tons 11 cv1 t .

PE:r Ton.


�\ 35.

00.. 32.00 1 34.76 241.

60 1' 076 -,·6 0 .J � ,, '-- II Fisl1 rueriman Snapper Grey Snapper Table Basha (medium) Fish Roe Mullets .

large " I sm811 Grubby Basha Large Paggee i•malll Snook large Morocut large� Grouper Tarpon Cod Fish Dolphin Paggee ( larg6) Snapper f..li ces 0,ueriman Slices r lbs.

5,042 39 267 143 10 12 487 100 186 23 55 29467 100 38 23 231 243 411 Cost Price Value ,, lb.
II $ 1; 11 It 32� per 44�· 40¢ 24¢ II 25¢ 20St-{ II If 40s: 28¢ 11 12¢ 40¢ II 18¢ n 28¢ ti 26¢ II 36¢ II 281-- II 261= ti 44� 32¢ Ii 11 II II ti II I, 11 !1 11 II Ii II II 11 11 II t, 1,613.44 17.16 106.80 34.32 2.50 2.40 194.80 28.00 22.32 9.20 9.90 690.76 26.00 13.68 6.44 60.06 106.92 131.52 $ 39076.22