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SHASTII STONES

Muniswamy Compound, Harapanhalli Gate, Jigani


Anekal Taluk, Bangalore - 560105

PROJECTED BALANCE SHEET AS ON YEAR ENDED


Rs. In Lacs
PARTICULARS 2017 2018

SOURCES OF FUNDS:

Capital Account
Partner's Capital Account 171.39 219.89

Loans & Liabilites


Unsecured Loans 98.45 125.60
Bank CC Account 250.00 250.00

Current Liabilities
Provisions 7.81 25.45
Sundry Creditors 82.16 105.68

TOTAL 609.80 726.63

APPLICATION OF FUNDS:

Fixed Assets 14.64 13.01

Investments 1.15 1.15

Current Assets
Inventories 195.67 295.88
loans & Advances 12.36 14.55
Deposits & Assets 26.00 26.00
Sundry Debtors 341.47 346.98
Cash & Bank Balance 18.51 29.05

TOTAL 609.80 726.63 0.00

For Shastii Stones For BHANDARI PINCHA & SURANA


Chartered Accountants

Partner
Partner
Place:- Bangalore (Mukesh Surana)
Date: 08/02/2016 Membership No. 077745
CR CA 568.00 686.46
CL 89.96 6.313888 131.13 5.235031

0.00
SHASTII STONES
Muniswamy Compound, Harapanhalli Gate, Jigani
Anekal Taluk, Bangalore - 560105

PROJECTED PROFIT & LOSS ACCOUNT YEAR ENDED


PARTICULARS 2017 2018 PARTICULARS 2017
To Opening Stock 188.65 195.67 By Sales 859.39
To Purchase 705.00 1423.60

To Direct Expenses By Closing Stock 195.67


To Fright Charges 10.43 21.07
To Loading & Unloading Charges 6.35 12.81

To Gross Profit C/d 144.63 191.30

1055.06 1844.44 1055.06

Indirect Expenses By Gross Profit B/d 144.63

To Audit Fees 0.30 0.45


To Bank Charges 0.68 1.73
To Loan Processing Charges 3.05 1.25
To Conveyance Charges 6.45 11.61
To Depreciation 0.00 0.00
To Discount & Rebate 4.30 7.74
To Electricity Exp. 2.15 3.87
To Office Expenses 8.16 14.71
To Interest on CC 33.75 33.75
To Interest on U/L 9.40 10.80
To Rent 10.80 12.00
To Salary 26.00 30.00
To Staff Welfare 4.98 8.98
To Telephone Exp. 1.29 2.32
To Vehicle Maintenance 1.98 3.56

To Net Profit Before Remuneration


To Remuneration to Partners 12.00 14.00

To Net Profit 19.34 34.51

TOTAL 144.63 191.30 144.63


For Shastii Stones For BHANDARI PINCHA & SURANA
Chartered Accountants

Partner
Partner
Place:- Bangalore (Mukesh Surana)
Date: 08/02/2016 Membership No. 077745
Rs. In Lacs

2018
1548.57

295.88

1844.44

191.30

191.30
SHASTII STONES
Muniswamy Compound, Harapanhalli Gate, Jigani
Anekal Taluk, Bangalore - 560105

Schedule -1 Rs. In Lacs


Partners Capital Account 2017 2018
Sri Raghvendra N.
By Capital Opening Balance 94.78 110.45
By Remuneration to Partners 6.00 7.00
By Net Profit 9.67 17.25

To Balance C/F 110.45 134.70

Monisha R.
By Capital Opening Balance 45.27 60.94
By Remuneration to Partners 6.00 7.00
By Net Profit 9.67 17.3

To Balance C/F 60.94 85.20


SHASTII STONES
Muniswamy Compound, Harapanhalli Gate, Jigani
Anekal Taluk, Bangalore - 560105

Assessment Year: 2017-18


Schedule -2 Depreciation Chart

Additions Depreciation
W.D.V. As On
ASSETS Second Del. TOTAL
1.04.2016 First Half RATE
Half

A Frame 1.13 - - - 1.13 10.00%

Building 11.23 - - - 11.23 10.00%


-
Hero Honda Splender 0.13 - - - 0.13 15.00%
-
Hero Honda Pro 0.35 - - - 0.35 15.00%
-
Television 0.23 - - - 0.23 10.00%
-
Car 3.40 - - - 3.40 15.00%
-
GRAND TOTAL 16.48 - - - 16.48

Assessment Year: 2018-19


Schedule -2 Depreciation Chart

Additions Depreciation
W.D.V. As On
ASSETS Second Del. TOTAL
1.04.2017 First Half RATE
Half

A Frame 1.02 - - - 1.02 10.00%

Building 10.11 - - - 10.11 10.00%


-
Hero Honda Splender 0.11 - - - 0.11 15.00%
-
Hero Honda Pro 0.30 - - - 0.30 15.00%
-
Television 0.21 - - - 0.21 10.00%
-
Car 2.89 - - - 2.89 15.00%
-
GRAND TOTAL 14.64 - - - 14.64
ni

Rs. In Lacs

Depreciation
WDV As On
AMOUNT 31.03.2017

0.11 1.02

1.12 10.11

0.02 0.11

0.05 0.30

0.02 0.21

0.51 2.89

1.84 14.64

Rs. In Lacs

Depreciation
WDV As On
AMOUNT 31.03.2018

0.10 0.92

1.01 9.10

0.02 0.10

0.04 0.25

0.02 0.19

0.43 2.46
1.63 13.01