M/S S K AUTO PARTS

(Prop.Shahbaz Qureshi)
By Mandar Bazar Tand , Mandar ,Ranchi - 835214

PROJECTED BALANCE SHEET

2020-21 2021-22 2022-23 2023-24

PROVISIONAL ESTIMATED PROJECTED PROJECTED
LIABILITIES & CAPITAL

CAPITAL
Opening Balance 1,038,520.00 1,225,688.50 1,430,141.60
Add: Capital indtroduce 800,000.00 - - -
Add: Subsidy - - - -
Add: Net Profit 521,120.00 569,768.50 677,053.10 768,677.80
1,321,120.00 1,608,288.50 1,902,741.60 2,198,819.40
Less: Drawings 282,600.00 382,600.00 472,600.00 522,600.00
Closing Balance 1,038,520.00 1,225,688.50 1,430,141.60 1,676,219.40

BORROWINGS

Term Loan
CURRENT LIABILITIES
Cash Credit Facility 1,000,000.00 1,000,000.00 1,000,000.00 1,000,000.00
Sundry Creditors 15,463.00 18,555.60 22,266.72 26,720.06
Other Outstanding Exp 35,500.00 42,600.00 51,120.00 61,344.00

TOTAL 2,089,483.00 2,286,844.10 2,503,528.32 2,764,283.46

ASSETS

FIXED ASSETS
Opening Balance - 934,820.00 838,563.00 752,348.00
Add: Additions 985,600.00 - - -
Gross Block 985,600.00 934,820.00 838,563.00 752,348.00
Less: Depreciation 50,780.00 96,257.00 86,215.00 77,240.00
Net Block 934,820.00 838,563.00 752,348.00 675,108.00

CURRENT ASSETS
Closing Stock 762,200.00 990,860.00 1,189,032.00 1,426,838.40
Book debts 328,564.00 394,276.80 473,132.16 567,758.59
- - -
Cash and Bank Balances 63,899.00 63,144.30 89,016.16 94,578.47

TOTAL 2,089,483.00 2,286,844.10 2,503,528.32 2,764,283.46

Declaration: The above statement is prepared on the basis of information provided by the proprietor.