ANALYSIS OF BALANCE SHEET

Trusted Health Private Limited

Balance sheet as at 31st march, 2018,2017,2016
Particulars Note As at 31st March, 2018 As at 31st March, 2017 As at 31st March, 2016
EQUITY AND LIABILITIES
Shareholders Funds
Share Capital 2 10,21,400 9,71,400 1,48,030
Reserves and Surplus 3 -67,93,653 -27,57,206 -4,86,375
Money received against Share Warrants
-57,72,253 -17,85,806 -3,38,345
Share Application Money Pending Allotment 17,03,790
Non - Current Liabilities
Long Term Borrowings 4 53,14,625 3,04,000 1,75,000
Defferred Tax Liability (Net) 5 17,895 13,572 4,550
Other Long Term Liabilities - - -
Long Term Provisions - - -
53,32,520 3,17,572 1,79,550
Current Liabilities
Short Term Borrowings - - -
Trade Payables - - -
Other Current Liabilities 6 32,49,142 25,20,357 1,78,500
Short Term Provisions - - -
1,78,500
Total 28,09,409 10,52,123 17,23,495
ASSETS
Non - Current Assets
Fixed Assets
Tangible Assets 7 1,87,546 2,53,433 76,054
Intangible Assets 3,11,219 - -
Capital Work-in-Progress - - -
Intangible Assets under Development - - -
Non - Current Investments -
Defferred Tax Asset (Net) -
Long Term Loans and Advances 8 10,500 59,000 -
Other Non - Current Assets - - -
5,09,265 3,12,433 76,054
Current Assets
Current Investments - - -
Inventories - - -
Trade Receivables - - -
Cash and Bank Balances 9 7,53,079 3,98,996 16,16,738
Short Term Loans and Advances - - -
Other Current Assets 10 15,47,065 3,40,693 30,702
16,47,440
Total 28,09,409 10,52,123 17,23,495

Analysis of Assets and Liabilities:

 There is a drastic increase in share capital. It increased from
1,48,030 (2016) to 10,21,400 (2018).
 Reserves and surplus are negative and increasing year on year
that means company doesn’t have enough reserves to meet any
needs.
 Long term borrowings are increasing year on year from
1,75,000 in 2016 to 53,14,625 in 2018
 Deferred tax has also been increasing from 2016-2018 which is
not a good sign because the company is already in losses.
 The company does not have any short-term borrowings which is
a good sign because it is already in losses.
 Total liabilities increased from 17,23,495 in 2016 to 28,09,409
in 2018.
 Total non-current assets have been increasing from 76,054 in
2016 to 5,09,265 in 2018.
 Cash and bank balance are decreasing year on year which is not
a good sign.
 Other current assets have increased drastically from 30,702
(2016) to 15,47,065 (2018).