Eo Bit Pau wo. [307) § SECURITY BANK BTR-BIR DEPOSIT SLIP This pay nt is subject to the Terms and Conditions at the back hereof. TT 1! receipt when, machine validated). —— aceey THIS PAYMENT IS FOR: (Please use on Account No. : 1400-100011-001 Account Noise eelagpureau of Treasury - BIR) Taxpayer Nam TN: Qi! Tax Type: Tax Period: Tax Form: Cash a eee Check is “ie. Seo Lae ee Debit My Account No.: vs ‘Amount in words: Accountholder’s Signature €3 (J TDM Payment TDM No.: TOTAL PAYMENT Pp TAXPAYER COPY Please refer to the instructions at the back hereof.Ground IniormationAnnual @ome Tax Return 4702-RT “bace? a asa OTT Revirtred Nave Par Computation of Tax i aio wide S46 378) 8 POA 9 Net Table corte 90) me ee 39 Lv e 3-C: 9 Lt Je? CIT Cue ev atten 2 3 Tax De sire none Tat ters th WT en err A Pe Ye 1h Oo 40 Create Tex Withheld par Farm Na. 2307 rhe £m Quarter Crea yirante ce Bev Vax Rat Avaliment Saas mam a War oor1 Tax Ret 4702-RT er Tee em hoge? Fapapes keritheaton Namibe Ti) rtertarement, A Frege Beraats $0 Perm Tree 12 Research ane Orvolopment 17 Onwre:Deaictons Sues to Winning Tex ard Other Exner oy A an het fmm darter an Vossen f 1 POSTAGE, TELEPHONE AND COWMUNICATIO 9 RISCELLANEOUS |Schedue 1 Specil Atowable Remized Deductions aisascanine toon Tama ———) ‘eset Boos 5. Tots Special Allowable Remized Desustons svete €4702-Rt ome Tax Return Seine ar eS cone ke Faget chalet - Computation of Het Opening Lows Garry Over (WOLCO) 2 Love. Crdeary Movable nemered Cedars 1 Net Operirg Lom em Leet Rom 2) (Te Scola A tom 7A) Fosale 10a Compulation of Avaibe Het Operating Love Covty Over WOLCO} ‘Net Operating Lone eat ncuared Ayameurt 8) NOLCO Ape Preven crt ef Schade WA um eran ms sa ) et Dowraeng Love [Unaeriiog ©)NOLCO Exped ayn a Pea ee ae 1 Total NOLCO sore en Treduie W Gomptaton of tira corporate incor TaniWETT) Yen A) Nerma incom Tae at Athen fm :ontinustor a Senet enters ut ne eo O) Ewcene MCX Apetadined ©) Empend Ponion ef Excess Brvus eave wart 4 Total Exeees CIT Applied seo ee 41 Tsdule V- Recondition cf Net Insome per Baoks Againet Taxable Income nem canny Rene FSO Cerrar 10 Net taxabie income [Loss] sae‘STATEMENT OF MANAGEMENT'S RESPONSIBILITY FOR FINANCIAL STATEMENTS The Management of (iD responsible for ail the information and representations contained in the Annual Income Tax Return for the year ended December 31, 2019. Management is likewise responsisle for all information and representations contained in the financial statements accompanying the (Annual Income Tax Return or Annual Information Return) covering the same reporting period. Furthermore, the Management is responsible for all information and representations contained in all the other tax returns filed for the reporting period, including but not limited, to the value added tax and/or percentage tax returns, documentary stamp tax returns, and any and all other tax returns In this regard, the Management affirms that the attached audited financial statements for the year ended December 31, 2019 and the accompanying Annual Income Tax Return are in accordance with the books and records CED complete and correct in all material respects. Management likewise affirm 9) the Annual Income Tax Return has been prepared in accordance with the provisions of the National Internal Revenue Code, as amended, and pertinent tax regulations and other issuances of the Department of Financ® and the Bureau of Internal Revenue; a) any disparity of figures in the submitted reports arising from the preparation of financial statements pursuant to financial accounting standards and the preparation of the income tax return pursuant to tax accounting rules has been reported as reconciling items and maintained in the company’s Books and records in accordance with the requirements of Revenue Regulations No. 8-2007 and other relevant issuances TED bs eco aooible ts ceturs eports and statements required to be fled under Philippine tax lave for the reporting period and all taxes and other impositions shown thereon to be cue and peyable have been paid for the reporting period, except those contested in good faith General —"STATEMENT OF FINANCIAL 7OSITION (ir Pippin Pesos) = as of Decomber 31 2019 2018 ASSETS Current Assets ‘Cash on Hand & in Bank 64,752.00 183,817.00 Advances ta Officers & Er 380,000.00 250,000.00 Total Current Assets 444,752.00 403,817.00 Property & Equipment Ofice Equipment 32,000.00 32,000.00 Fumiture & Fixtures 42,500 00 12,600.00 Leasehotd improvement 50,000.00, 50,000.00 Total ‘94,500.00 "94,500.00 Less: Accumuilsted Depreciation 57,410.00 54,031.00. Property & Equipment (net) 37,080.00 43,489.00 ‘TOTAL ASSETS: 481,842.00 447,288.00 TOTAL ASSETS LIABILITIES AND PARTNERS’ CAPITAL Current Liabilities Percentage Tax Payable 7,200.00 12,000.00 Withholding Tax Payanie 841.00 841.00 Income Tax Payable 7,840.00 10,421.00 SSS, Phithealth HOME Premium Payable 5,375.00 4,941.00 Total Curent Liabilities: 21,256 00 28,203.00 Partners’ Capital 419,083.00 378,006.00 ‘Add. Net Income tor the year 41,503.00 44,077.00 Total Partner's Capital "260,585.00 419,083.00 TOTAL LIABILITIES AND PARTNERS’ CAPITAL 481,842.00 447,286.00 nl al‘STATEMENT OF INCOME (in Phiippine Pesos) _year ended Decomber 31 2018 2018 SERVICE INCOME 960,000.00 __1,035,11.00 LESS: COST OF SERVICES Depreciation 6,379.00 6,379.00 Salaries & Wages 44500000 . 422,500.00 888, Philhealth, HOME Premium Expense 47,587 00 37,878.00 Transportation Exporses 32,300.00 48,600.00 Supplies 26,958 00 48,760.00, Total Cost of Services 558,22200 984,118.00 GROSS INCOME 401,77800___470,995.00 LESS: OPERATING EXPENSES Light & Water 36,540 00 43,600.00 Rontal 201,94300° 201,943.00 Taxes & Licenses 67,607.00 70,282.00 Postage, Telephone & Communication 26,388.00 38,588.00 Miscellaneous 10,010.00, 56,900.00 Total Oporating Expenses 242,48800___— 412,313.00 NET INCOME BEFORE INCOME TAX 59,290.00 58,682.00 PROVISION FOR INCOME TAX 47,787.00 17,605.00 NET INCOME AFTER INCOME TAX 41,503.00 41,077.09‘STATEMENT OF CASH FLOW (in Pritppine Pesos) __ year ended December 31 2019 2018 NET INCOME 41,503.00 41,077.00 Add: Adjustment for Depreciation 6,379.00 6.378.00 Changes in Operating assets and Liabilities (Decrease) Increase ir: Advances to Officers & Employees (130,000.00) (260,000.00) Increase (Decrease) In Percentage Tax Payable (4,800.00) 10,200.00 Income Tax Payable (2,581.00) 5,869.00 SSS, Phitheattn, HOMF Premiums Payable 434.00 1,096.00 Net income cash provided by operations: (89,065.00) _(188,879.00) Cash flows from investing activities None . Cash flows from financing activities Nooe Not cash from investing and financing activities 2 5 NET INCREASE (DECREASE) IN CASH (89,065.00) 185,578.00) PROOF; Cash Balance as of January + 153,817.00 335,398.00 Cash Balance as of December 31 64,752.00 453,817.00 INCREASE (DECREASE) IN CASH BALANCE 085.00) 185,579.00)‘STATEMENT OF CHANGES IN PARTNERS’ EQUITY lin Phiiopine Peses) year ended December 31 2018 Balance - January 1 139,695.00 1/9 Share in Not Incame After Income Tax 13,825.00 Balance - December 34 os 2018 Balance - January 1 139,684.00 126,002.00, ke 1/3 Share in Not Income After Income Tax 13,834.00 13,682.00 Balance - December 31 153,528.00 139,654.00 Balance - January 1 139,694.00 126,002.00 15 Share in Net Income After Income Tax 13,634.00 13,692.00 Balance - Decamber 31 __ 153,526.00 894.0 TOTAL PARTNERS’ CAPITAL. 450,586.00 419,083.00For the year ended December 31 2019 In compliance with the RR 15-2010 dated Noveriber 25, 2010, the fallowing information. {is submitted (rt e 4 [Total VAT Output Tax declared forthe fiscal period L_Vatatle SaiesReceipts ‘Not Applicable Sales 10 Government Not Appicabio [Total Exempt Receipts forthe period (zero rated receipts) 2 [Total VAT input taxes claimed | Ja)_ Beginning of tne perioa Not Applicable b)_Current year domestie purchases and payments for, 1. Goods other than capital goons, Not Applicable i Services Capt gos bt 1 anorizton 1¢)_Clains for tax credivretund and other adjustments 16}_Balance a the end of the year 3 [lmportations Landed cost ‘Customs duties and ta fees VAT input paid on importatiors @ [Excise Taxes 5, [Documentary Stamp taxes 6 |AbGiher Taxes [Annual Registration Fee. Business Permits & License {Wwithholsing Taxes. i_Tax on compensation and beyefits ‘None ‘Creditable Witt Taxes 40,087.00M1 Gmail e iia ccna Tax Return Receipt Confirmation biggrms-noreply@bi iforms-noreply@bir.gov.ph> Wed, May 6, 2020 at 4:21 PM % This confirms recetpt of your submission with the following details subject to validation by BIR: File name: _007997509000-1702RTv20t8-122019.xml Date received by BIR: 6 May 2020 Time received by BIR: 03:57 PM Penalties may be imposed for any violation of the pravisions of the NIRC and issuances thereof, FOR RETURNS WITH PAYMENT Please print this e-mail together with the RETURN and proceed to pay through the Authorized Agent Bank Collection Agent ! 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