M/s.

CAFÉ / RESTURANT
BALANCE SHEET
AS AT JUNE 30, 2009
ASSETS

NON-CURRENT ASSETS 2009

Note
Rupees

Property, plant and equipment 1 12,246,750

Long term deposits 2 18,366

12,265,116

CURRENT ASSETS

Stock in trade 10 73,288

Advances and other receivables 3 18,023
Trade debts 4 50,343
Cash and bank balances 5 66,209
207,863

TOTAL ASSETS 12,472,979

CAPITAL AND LIABILITIES

EQUITY

Proprietor's capital 6 4,475,354

NON-CURRENT LIABILITIES
Long term loans -

CURRENT LIABILITIES

Creditors accrued & other payables 7 70,217

Bank Loan & Overdraft 7,923,029
Provision for taxation 8 4,379
7,997,625
12,472,979
M/s. CAFÉ / RESTURANT
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED JUNE 30, 2009

2009
Note
Rupees

Revenue 9 4,109,252

Cost of sales 10 2,334,009

Gross profit 1,775,243

Administrative and general expenses 11 516,363

Profit before interest and taxation 1,258,880

Finance cost 12 1,149,405

Profit before taxation 109,475

Taxation 8 4,379

Net profit after taxation 105,096

###
M/s. CAFÉ / RESTURANT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED JUNE 30, 2009

2009
Note
Rupees
1 PROPERTY, PLANT AND EQUIPMENT

Cost Depreciation
As atFor the Written
As at Addition As at As at
year / down value
s/ June 30, as at June
Particulars July 01, Rate July 01, (adjustmen June 30,
(deletion 30, 2009
) t)
2008 2009 2008 2009
Rupees % Rupees

Land ### - ### 0 - - - ###

Building ### - ### 5 100,000 95,000 195,000 1,805,000
Furniture and fixture 500,000 - 500,000 10 50,000 45,000 95,000 405,000
Computer & allied 75,000 - 75,000 30 22,500 15,750 38,250 36,750

### - ### 172,500 155,750 328,250 ###

2 LONG TERM DEPOSITS

Security deposit 2.1 18,366

18,366

2.1 This amount represents security deposits paid to _________ for the installation of
electricity connection, to ___________ Gas connection and to __________ against telephone
connection.

3 ADVANCES AND OTHER RECEIVABLES

Advances to suppliers 10,023

Other receivables 8,000

18,023

4 TRADE DEBTS

Unsecured debtors 50,343

50,343

5 CASH AND BANK BALANCES

Bank 2,226
Cash in hand 63,983

66,209

6 PROPRIETOR'S CAPITAL

Capital at the banging of the year 4,454,335

Less: Drawings 45,633
Add: Profit for the period 105,096

Capital at the end of the year 4,475,354

7 CREDITORS ACCRUED AND OTHER LIABILITIES

Creditors 23,756
Accrued expenses 41,461
Other payables 5,000

70,217
M/s. CAFÉ / RESTURANT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED JUNE 30, 2009

2009
Note
Rupees

8 TAXATION
Provision for taxation 4,379

9 REVENUE
Sales-restaurant 2,846,341

Sales-vegetables 1,262,911

4,109,252

10 COST OF SALES

Material consumed a. 1,886,997

Wages and benefits 213,402
Utility expenses 115,689
Repair & maintenance 37,091
Traveling & conveyance 48,759
Miscellaneous 32,071
2,334,009

a. Raw material consumed

Opening Stock 78,257

Add: Purchases 1,882,028
Less:Closing Stock 73,288
1,886,997

11 ADMINISTRATIVE AND GENERAL EXPENSES

Salaries and benefits 80,394

Electricity 48,501
Telephone 39,549
Vehicle running & maintenance 62,197
Entertainment 29,543
Repair & maintenance 27,691
Printing and stationery 12,931
Legal and professional charges 5,000
Audit fee 10,000
Depreciation 155,750
Miscellaneous 44,807

516,363
M/s. CAFÉ / RESTURANT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED JUNE 30, 2009

2009
Note
Rupees

12 FINANCE COST

Financial charges 1,148,839

Bank charges 566

1,149,405

13 NUMBER OF EMPLOYEES

Number of permanent employees at the year end. 17

14 GENERAL

14.1 The figures have been rounded off to the nearest Rupee.