TOP STAR POLYMER PRIVATE LIMITED

STATEMENT OF FINANCIAL POSITION

AS AT JUNE 30, 2021
NOTE 2021 2020
RUPEES RUPEES
EQUITY AND LIABILITIES
SHARE CAPITAL AND RESERVES

Authorized Capital 5 10,000,000 10,000,000

Issued, subscribed and paid-up capital 5 5,000,000 5,000,000

Un-appropriated profits 2,721,704 865,984
7,721,704 5,865,984
CURRENT LIABILITIES
Trade and other payables 6 134,515 151,000
Income Tax Payable 7 425,000 97,471

559,515 248,471
CONTINGENCIES AND COMMITMENTS 8 - -
8,281,219 6,114,455
ASSETS

NON CURRENT ASSETS

Property, plant and equipments 9 334,097 398,875
Security Deposit 10 400,000 400,000

734,097 798,875
CURRENT ASSETS

Advance income tax 11 7,837 12,479

Cash and bank balances 12 7,539,285 5,303,101
7,547,122 5,315,580

8,281,219 6,114,455

The annexed notes from 1 to 24 form an integral part of these financial statements.

CHIEF EXECUTIVE DIRECTOR

TOP STAR POLYMER PRIVATE LIMITED
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED JUNE 30, 2021
NOTE 2021 2020
RUPEES RUPEES

Revenue -net 13 16,088,580 11,558,056

Cost of Revenue 14 (9,406,280) (8,654,927)

Gross Profit 6,682,300 2,903,129

Administratitive And General Expenses 15 (4,401,032) (2,527,449)

Profit from Operatng Activities 16 2,281,268 375,680
Finance Cost 17 (548) (598)
Profit Before Taxation 2,280,720 375,082
Taxation 18 (425,000) (97,471)

Profit After Tax 1,855,720 277,611

Other comprehensive income - -

TOTAL COMPREHENSIVE INCOME FOR THE YEAR 1,855,720 277,611

The annexed notes from 1 to 24 form an integral part of these financial statements.

CHIEF EXECUTIVE DIRECTOR