Mr.

Faizal Ahamed
Ward no 17, Elahi Nagar, Masjid Road, Hassan - 573 201.

PROFIT & LOSS ACCOUNT FOR THE YEAR ENDING 31ST MARCH 2020

PARTICULARS AMOUNT PARTICULARS AMOUNT

₹ ₹

To Purchases By Gross Receipts from

- Pruchases (Commission Trade) 17,481,549.00 - Sales (Commission Trade) 17,481,549.00
- From Farmers 2,296,711.00 - Sales (Regular Trade) 2,907,229.00

To Direct Expenses By Commission 699,262.00

- Labour / Wages 174,434.00
- Packing & Forwarding Exp. 145,361.00

To Gross profit c/d 989,985.00

TOTAL 21,088,040.00 TOTAL 21,088,040.00

To Audit Fee 6,000.00 By Gross profit b/d 989,985.00

" Salary 174,000.00
" Bank Charges 4,530.00
" Rent 102,000.00
" Electricity Chgs 5,240.00
" Printing & Stationery 12,950.00
" Postage and Courier 4,025.00
" Labour Welfare 42,180.00
" Telephone Charges 6,850.00
" Travelling & Local Conveyance 151,945.00
" Depreciation 7,315.00

" Net Profit 472,950.00

TOTAL 989,985.00 TOTAL 989,985.00

Place : Hassan Faizal Ahamed Kazeem Ahamed

Date : 31-May-2021 Proprietor Auditor & Tax Practitioner
 Mr. Faizal Ahamed
Ward no 17, Elahi Nagar, Masjid Road, Hassan - 573 201.

BALANCE SHEET AS AT 31ST MARCH 2020

LIABILITIES Sch AMOUNT ASSETS Sch AMOUNT

no. ₹ no. ₹

CAPITAL ACCOUNT FIXED ASSETS

Opening Balance 810,060.00 Motor Bike 34,065.00
Add: Profit 472,950.00 Weighing Scale 7,385.00
Less: Drawings -212,830.45
Closing Balance 1,070,179.55 DEPOSITS & ADVANCES
Rent Advance 80,000.00

CURRENT ASSETS
Sundry Debtors 685,250.00
Cash & Bank Balance
SBI @ A/c - 7256 12,480.00
Cash in Hand 250,999.55

TOTAL 1,070,179.55 TOTAL 1,070,179.55

Place : Hassan Faizal Ahamed Kazeem Ahamed

Date : 31-May-2021 Proprietor Auditor & Tax Practitioner
 Mr. Faizal Ahamed
Ward no 17, Elahi Nagar, Masjid Road, Hassan - 573 201.

SCHEDULES TO BALANCE SHEET

Schedule 1 : Capital Account

Particulars Amount in ₹

Balance as on 1st April 2015 2,977,886.00

Add : Trf from Profit and Loss A/c 472,950.00 472,950.00

Less : Drawings 135,230.20

Life insurance Premium Paid 594.00
Tax Paid 2,060.00 137,884.20

Balance as on 31st March 2016 3,312,951.80

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Place : Hassan Faizal Ahamed Kazeem Ahamed
Date : 31-May-2021 Proprietor Auditor & Tax Practitioner
 Mr. Faizal Ahamed
Ward no 17, Elahi Nagar, Masjid Road, Hassan - 573 201.

FIXED ASSETS SCHEDULE

Additions Depreciation
WDV as on Rate Amount WDV as on
Sl no. Particulars Deletions Total
01.04.2019 Used 180 days Used 179 31.03.2020
or more days or less

1 Motor Bike 40,077 - - - 40,077 15% 6,012 34,065

2 Weighing Scale 8,688 - - - 8,688 15% 1,303 7,385

TOTAL 48,765 - - - 48,765 7,315 41,450

Place : Hassan Faizal Ahamed Kazeem Ahamed

Date : 31-May-2021 Proprietor Auditor & Tax Practitioner