Om na ‘SANJEET & ASSOCIATES ‘Address.: ANANOPUR! WEST BORING CANAL ROAD CHARTERED ACCOUNTANTS: WEST BORING Cava INDEPENDENT AUDITORS' REPORT TO, ‘THE MEMBERS OF NAVRATAN PIPE AND PROFILE LIMITED Report on the Financial Statements We have audited the accompanying financial statements of NAVRATAN PIPE AND PROFILE: LIMITED, which comprise the Balance Sheet as at 31/03/2021, the Statement of Profit and Loss, for the year then ended, and a summary of the significant accounting policies and other explanatory information. Auditor's Opinion In our opinion and to the best of our information and according to the explanations given to usy the aforesaid financial statements give the information required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India, of the state of affairs of the Company as at 31/03/2021, and its Loss for the year ended on that date, Basis for Opinion We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) ofthe Companies Act, 2013. Our responsibilities under those Standards are further deseribed in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report, We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Companies Act, 2013 and the Rules there under, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics, We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Information Other than the Standalone Financial Statements and Auditor’s Report Thereon ‘The Company’s Board of Directors is responsible for the preparation of the other information. The other information comprises the information included in the Management Discussion and Analysis, Board's Report including Annexures to Board’s Report, Business Responsibility Report, Corporate Governance and Shareholder’s Information, but does not include the standalone financial statements and our auditor’s report thereon, Cur opinion on the standalone financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. In connection with our audit of the standalone financial statements, our responsibility is to read the cther information and, in doing so, consider whether the other information is materially inconsistent& Email :- sksarjeet38@gmail.com SANJEET & ASSOCIATES Adress: AMANOPUR oan ING CANAL (CHARTERED ACCOUNTANTS WEST BORING CANA withthe standalone financial statements or our knowledge obtained during the course of our audit or otherwise appears to be materially misstated. When we read such other information as and when made available to us and if we conclude that there is a material misstatement therein, we are required to communicate the matter to those charged with governance Responsibility of Management and Those Charged with Governance (TCWG) ‘The Company's Board of Directors is responsible for the matters stated in Section 134(5) of the Companies Act, 2013 (“the Act") with respect to the preparation of these financial statements that give a true and fair view of the financial position , financial performance and cash flows of the Company in accordance with the accounting principles generally accepted in India, including the ‘Accounting Standards specified under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014, This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company ‘and for preventing and detecting frauds and other irregularities; selection and application of ‘appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial statements that give a true and fair view and are free from material misstatement, whether due to fraud or error. In preparing the financial statements, management is responsible for assessing the Company's ability to continue as a going concem, disclosing, as applicable, matters related to going concern and using the going concern basis of aecounting unless management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so. ‘The Board of Directors are also responsible for overseeing the Company's financial reporting process. Auditor's Responsibili Cur objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists, Misstatements ean arise from fraud or error and are considered material if, individually or in the ‘aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. |As part of an audit in accordance with SAs, we exercise professional judgement and maintain professional skepticism throughout the audit. We alOX Email: sksarjet38@gmai.com SANJEET & ASSOCIATES Eres. TA BORING CANAL ROAD ts CHARTERED ACCOUNTANTS PATNA, BIHAR - 00001 «Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion.The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control + Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3)() of the Companies ‘Ket, 2013, we are also responsible for expressing our opinion on whether the company has ‘adequate internal financial controls system in place and the operating effectiveness of such controls. «Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management. «Conclude on the appropriateness of management's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events ‘or conditions that may cast significant doubt on the Company's ability to continue as a going Concern. If we conclude that a material uncertainty exists, we are required to draw attention in our suditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Company to cease to continue as a going concern. «Evaluate the overall presentation, structure and content ofthe financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events ina manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. We also provide those charged with governance with a statement that we have complied with relevant cthical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards. From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the financial statements of the current period and are therefore the key audit matters. We describe these matters in our auditor’s report unless law or regulation precludes public diselosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences fof doing so would reasonably be expected to outweigh the public interest benefits of such communication. Report on Other Legal and Regulatory Requirements ‘As required by the Companies (Auditors! Report) Order,2016(‘the Order”) issued by thea Eat -ssad6@anatcan ‘SANJEET & ASSOCIATES ‘Address.: ANANOPURI WEST BORING CANAL ROAD CHARTERED ACCOUNTANTS: WEST BORING CANAL Central Government of India in terms of sub section (11) of section 143 of the Companies Act, 2013. We give in the Annexure A statements on the matters specified in paragraphs 3 and 4 of the order, to the extent applicable. ‘As required by Section 143 (3) of the Act, we report that: (@) We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purposes of our audit. (6) In our opinion, proper books of account as required by law have been kept by the Company so far as it appears from our examination of those books. (©) The Balance Sheet, the Statement of Profit and Loss, and dealt with by this Report are in agreement with the books of account. (@ In our opinion, the aforesaid financial statements comply with the Accounting Standards specified under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014. (e) On the basis of the written representations received from the directors as on 31/03/2021 taken ‘on record by the Board of Directors, none of the directors is disqualified as 31/03/2021 from being appointed as a director in terms of Section 164 (2) of the Act. (® With respect to the adequacy of the internal financial controls over financial reporting of the Company and the operating effectiveness of such controls, refer to our separate report in “Annexure B’, (g) With respect to the other matter fo be included in the Auditor’s Report in accordance with Rule 11 of the Companies (Audit and Auditors) Rules, 2014, in our opinion and to the best of ur information and according to the explanations given to ust i, The Company has disclosed the i its financial statements. .pact of pending litigations on its financial po: ii. The Company has made provision, as required under the applicable law or accounting standards, for material foreseeable losses, if any, on long-term contracts including derivative contracts. fii, There has been no delay in transferring amounts, required to be transferred, to the Investor Education and Protection Fund by the Company.Wm SANJEET & ASSOCIATES CHARTERED ACCOUNTANTS Email :- sksarjoet38@gmail.com ‘Address.; ANANDPURI WEST BORING CANAL ROAD PATNA, BIHAR - 200001 Date 03/05/2022 Place : DELHI FOR SANJEET & ASSOCIATES (Chartered s Proprietor M.No. : 539199 UDIN : 22539199AMAMHQSS60A Ema = uoeest garam SANJEET & ASSOCIATES ‘Address,: ANANOPURI WEST BORING CANAL ROAD (CHARTERED ACCOUNTANTS PATNA, BIHAR - 200001 “Annexure B” to the Independent Auditor’s Report of even date on the Standalone Financial ‘Statements of NAVRATAN PIPE AND PROFILE LIMITED. Report on the Internal Financial Controls under Clause () of Sub-section 3 of Section 143 of the Companies Act, 2013. ‘We have audited the internal financial controls over financial reporting of NAVRATAN PIPE AND PROFILE LIMITED as of March 31, 2021 in conjunction with our audit ofthe standalone financial statements of the Company for the year ended om that date. ‘Management's Responsibility for Internal Financial Controls ‘The Company's management is responsible for establishing and maintaining internal financial controls based on the internal control over financial reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note on Audit of Internal Financial Controls over Financial Reporting issued by the Institute of Chartered Accountants of India. These responsibilities include the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the orderly and efficient conduct ofits business, including adherence to company’s policies, the safeguarding of its assets, the prevention and detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable financial information, as required under the Companies Act, 2013 Auditors’ Responsibility ‘Our responsibility is to express an opinion on the Company's internal financial controls over financial reporting based on our audit, We conducted our audit in accordance with the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting (the “Guidance Note”) and the Standards on Auditing, issued by ICAI and deemed to be preseribed under section 143(10) of the Companies Act, 2013, to the extent applicable to an audit of internal financial controls, both applicable to an audit of Internal Financial Controls and, both issued by the Institute of Chartered Accountants of India. Those Standards and the Guidance Note require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether adequate internal financial controls over financial reporting was established and maintained and if such controls operated effectively in all material respects. ‘Our audit involves performing procedures to obtain audit evidence amout the adequacy of the internal financial control system over financial reporting and their operating effectiveness. Our audit of internal financial controls over financial reporting, assessing the risk that a material weakness exists, and operating effectiveness of internal control based on the assessed risk. The procedures selected depend upon on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. ‘We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the Company's internal financial controls system over financial reporting. ‘Meaning of Internal Financial Controls over Financial ReportingA cnet staesgnatcn SANJEET & ASSOCIATES ‘idroes TEST BORING CANAL ROAD (CHARTERED ACCOUNTANTS PATNA, BINAR 0000" ‘A company’s internal financial control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A ‘company’s internal financial control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company's assets that could have a material effect on the financial statements. Inherent Limitations of Internal Financial Controls over Financial Reporting Because of the inherent limitations of internal financial controls over financial reporting, including, the possibility of collusion or improper management override of controls, material misstatements due to error or fraud may occur and not be detected, Also, projections of any evaluation of the internal financial controls over financial reporting to future periods are subject to the risk that the internal financial control over financial reporting may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. Opinion In our opinion, the Company has, in all material respects, an adequate internal financial controls system over financial reporting and such internal financial controls over financial reporting were operating effectively as at March 31, 2021, based on the internal control over financial reporting criteria established by the Company considering the essential components of internal contro state the Guidance Note on Audit of Internal Financial Controls over Financial Reporting issues by the Institute of Chartered Accountants of India, FOR SANJEET & ASSOCIATES (Chartered Accountants) Date : 03/08/2022 Place : DELHI UDIN : 22539199AMAMHQSS60NAVRATAN PIPE ANO PROFILE LIMITED (CIN-: U27106D12005PLC138856) Regd Office : 19, COMMUNITY CENTRE, 3RD FLOOR, MAYAPURI PHASE - 2, MAYAPURI PHASE - 2, DELHI-110064, Contact No:-, Emall: sales@navratanpipes.com DELHI Balance Sheet as on 31st March, 2021 (amountin s) PARTICULARS NOTENO | CURRENT YEAR| PREVIOUS EAR TW EGUITY AND ABIES (a) SHAREHOLDERS FUNDS (A) HARE CAPITAL 2 4492,24900.00| 4.9224,00000 (9) RESERVES AND SURPLUS 3 1157,42,720.49 | 4,03,60,192.00 (CI MONEY RECEIVED AGAINST SHARE WARRANTS : - (2) SHARE APPLICATION MONEY PENDING ALLOTMENT Z : (@) Now-cyaRenr UAaiuTies (a) LONG Team BORROWINGS 4 4.35,3,560.00| —,35,32560.00 (o} DEFERRED Tax LIABIATES (NEN 5 ‘558,038.00 | 53,51,380.00 (OTHER LONG TERM UABITIES : - (0) LONG-TERM PROVISIONS : : (a) cunRenr uapiumies (a) SHORTTeRM BORROWINGS - : (0) TRADE PaVABLES 6 14,4438.00 | 16,68,287.00 (C)oTHER cuRRENT UABIUTIES 7 324090000 130,700.00 (0) SHORT-TERM PROMISIONS ‘ 2 - Torat 359807995640 | 15,0867030.00 (uy assers {3]NON-CURRENT ASSETS (a) PROPERTY, PLANT AND EQUIPMENT : - (9 TANGIOLE ASSETS 8. | 12;0243,24349 | 14,12,90283.00 (ay WvTaniLe ASSETS : : {uw caorrat workan-PRogREss - - (WV) WVTANGIBLE ASSETS UNDER DEVELOPMENT é 2 {o)Now-cuRReNT nivesTMENTS : : (C)oeFERRED TAX ASSETS (NET) (©).0NG TERM LOANS AND ADVANCES : (@) OTHER NON-CURRENT ASSETS : : (2) cunRENT assers (]) CURRENT INVESTMENTS : ¢ (oy1wvenTonies - . (C)TRabe Recervastes 9 2724796600 | 2,7926120.00 {0) CASH AND BANK BALANCES: 10 aza7s.oo | 1,65,152.00 {€) SHORT TERM LOANS AND ADVANCES n a775372.00| — 1,14,80564.00 (Fy OTHER CURRENT ASSETS : - TorAL 3599,75 95608 | 16 08,07,829.00 SIGNIFICANT ACCOUNTING POLICIES T FOR NAVRATAN PIPE AND PROFILE LIMITED For NAVRAYAN PIPE & P2CFILE LIE DAWU Bhur J v0 : ae RARCTOR ‘SURESH BHARDWRIRECTOR (o1v-osese7a3) 7 pees (ow-06030355) Place :DELKI Date : 0305/2022 For NAVRAYAN PIPE & BPLOFILE LIITED a ODFor NAVRAYAN PIPE & @°CFILE LINTED NAVRATAN PIPE AND PROFILE LIMITED {ciN-: y271060L2005PLC138856) Regd Office :10, COMMUNITY CENTRE, 3RD FLOOR, MAYAPURI PHASE - 1, MAYAPURI PHASE - 2, DELHI-110064, DELHI Contact No: -, Email: sales@navratanpipes.com ‘Statement of Profit And Loss for the year ending 31st March, 2024 (Amount in Rs.) PARTICULARS NOTE No ‘AMOUNT current ear | AMOUNT PREVIOUS YEAR TD REVENUE FROM OPERATIONS (WOTHERINCONE (il) TOTAL REVENYE (14) (iv) Expenses (1) COST OF MATERIALS CONSUMED (2) STORES & SPARES CONSUMED (3) PURCHASES OF STOCK-IN-TRADE (4) CHANGES IN INVENTORIES OF FINISHED ‘GOODS, WIP AND STOCKANCTRADE (5) EMPLOYEE BENEFITS EXPENSE (6) FINANCE CosTS (7) DEPRECIATION AND AMORTIZATION EXPENSE (e) OTHER ExPENSES TOTAL EXPENSES (V) PROFIT BEFORE EXCEPTIONAL AND EXTRAORDINARY ITEMS AND TAX (I-IV) (EXCEPTIONAL ITEMS (vil PROFIT BEFORE EXTRAORDINARY ITEMS AND TAK (VAI) (vy ExTRAOROINARY ITEMS (0x) PROFIT BEFORE TAK (VIEVIN) (0) TAX EXPENSE: (a) CURRENT TAX (2) DEFERRED TAK (0%) PROFIT/(LOSS) FOR THE PERIOD FROM CONTINUING OPERATIONS (14%) (0) ROFIT/ (LOSS) FROM DISCONTINUING ‘OPERATIONS (xl) TAX EXPENSE OF DISCONTINUING (OPERATIONS (x1v) PROFIT/(LOSS) FROM DISCONTINYING ‘OPERATIONS (AFTER TAX) (IL-XI) [Xv] PROFIT (LOSS) FOR THE PERIOD (XI+XIV) (vl) EARNINGS PER EQUITY SHARE: ysasic (2) ouyreD i 2 4,81,305.00, 25,72,968.00 31,216.00 2,10,51,139.51 12,10,360.00 242,658.00 51,060.00 111.00 51,171.00, 23,60,000.00 28,725.00 2,57,08,554. 00 040,171.00 2,50,25,984.51, (249,74,833.51) (2,49;74,813.51) (2,49,74,81351) =| s0918.00 (252,17,471.51) (2,52,17,471.51) (5:12) 6.2) 10,2634,405.00 10,25,34,405.00 3,31,33,450.00 6,95,00,955.00 6,95,00,955.00 6,95,00,955.00 6,94,50,090.00 6,94,50,040.00 aaa aan} SIGNIFICANT ACCOUNTING POUGIES FOR NAVRATAN PIPE AND PROFILE Li Reais Thies dtoe [ ADAGE (OirectqplRECTOR (oin-ossse7s3) + Pace :OEUHl Date :03/05/2022 (o1N-08030355) “Membership No :$39199NAVRATAN PIPE AND PROFILE LIMITED (CIN-: Y27106D12005PLC138856) Regd Office : 10, COMMUNITY CENTRE, 3RD FLOOR, MAYAPURI PHASE - 1, MAYAPURI PHASE - 2, DELHI-110064, DELHI Contact No: -, Email: sales@navratanpipes.com Notes to Account for the year ending 31st March, 2021 (amount in Rs.) 1 SIGNIFICANT ACCOUNTING POLICIES (1) Basis of Accou “The Assessee has followed Mercantile Basis of accounting (Ik) Revaluation of Fixed Assets No Revaluation of Fixed Assets has been done the financial Year. {ll} Revenue Recognition Sales has been Stated Net of Tax and Duties. (WV.) Sundry Debtors Debtors are subject to confirmation. (v,) Sundry Creditors Sundry Creditors are subject to Confirmation. (Vu) Unsecured Loans Unsecured Loans are subject to Confirmation, (vit) Retirement Benefits 1 Retirement Benefits are incorporated on the Cash Basis As And When Paid. 2, Gratuity, other ex-gratia benefits and leave encashment are accounted on cash basis. (vill) Taxes on income 1. Deforred Tax Assets on Unabsorbed Depreciation And Carty Forward of losses is not recognised unless there is virtual certainty that there wil be sufficient future taxable income available to realise such Assets. 2, Tax expense comprises both current and deferred taxes. Current tax is provided for on the taxable profit of the year at ‘applicable tax rates, Deferred taxes on income reflect the Impact of timing difference between taxable income and ‘accounting income for the year and raversal of timing differences of earlier years. (1X4 Contingent Liability ‘No Provision is made for liabilities which are contingent in nature but i material the same are disclosed by way of notes to the accounts.2, SHARE CAPITAL ‘The reconltation ofthe Closing amount and Opening amount of Share Capitals even 2s follows: ‘OPENING CLOSING reas Sante | agonow | emecion | San SE agiiiec: CRED = aac ISSUED SHARE CAPITAL {4922400 EQUITY SHARES OF RS.30.00 EACH. SUBSCRIBED AND FULLY PAID-UP CAPITAL 482,24,000.00 492,24,000.00 “The reconlation ofthe Closing amount and Opening amount of Reserves & Surplus is given as follows: 14922400 EQUITY SHARES OF RS.10.00 EACH, 4,92,24,000.00 =| 492,24,000.00 Less | CALLS YNPAID : : : Less: | FORFEITED SHARES : : TOTAL "4,92,34,000.00 : = [4,92,24,000.00 (1) USTs OF SHAREHOLDERS HOLDING MORE THAN 59 OF SHARES ‘Te name ofthe shareholder's holding more than $% shares a onthe balance sheet date Is glven below 'SENo. [Name ofthe shorcholder [[t, of shares held Heat ataresheld 2 | Abbhishek setico 3400, 2 [achia Ghardvay 783500, 26,00 3 | nigun hada S060" 20.00 | Siresh Bhardua 5iso00" 10.8 5 [Ram Naresh $eases 700 Total 3325168 7.6 3, RESERVES & SURPLUS PaTCULARS cuAnENTVEAR BREWiOUS TEAR SCunTgS PREMIUM RESERVE OPEHING BALANCE 15,8788 00000 1s,8756¢0000 00: | ao0m0Ns : : 15,87,56,000.00 | 15,87,56,000.00 uss. oroucvoxs =| s5975600000 =| 15.87s600000 sunpwus OPENING BALANCE (a1.7795,0800) tas72.4s..00 00; | xo0mONs : 6945091000 779500800 (i.7795,80800 uss: ocoucrions 2sai747.51 | (14303327959) =| (2177$5,80800) Tora Taran as0a52.00 4, LONG TERM BORROWINGS ‘The reconelistion ofthe Closing amount and Opening amount of Long term Borrowings Is given as follows PARTICULARS ‘CURRENT YEAR. PREVIOUS YEAR LOANS AND ADVANCES FROM RELATIVES ‘UNSECURED 8,35,22,$60.00 | 8,35,32,560.00] 8,35,32,560.00] 8,35 32,560.00 TOTAL 3735,32,560.00, 8,35 32,560.005. DEFERRED TAX ‘The reconcation ofthe Closing amount and Opening amount of Deferred Toxs given as follows aS Bua aaaas gro oman [ es aiaerrOR ey 7. OTHER CURRENT LIABILITIES The reconciliation of the Closing amount and Opening amount of Other Current Liabilities 1s elven as follows: “CURRENT PARTICULARS YEAR PREVIOUS YEAR ‘CHMER PAVABLES “ADVANCE FROM CUSTOMERS 37,00,000.00 = AUDIT FEES PAVABLE 2 415,000.00 = SALARY PAYABLE, 140,800.00 | 38,40,800.00 | __1,15,700.00| _1.30,700.00 TOTAL 38,40,800.00 | 1,30,700.00 9, TRADE RECEIVABLES The reconciation of the Closing amount and Ope sing amount of Teade receivables I given as follows: PARTICULARS (CURRENT YEAR. PREVIOUS YEAR AMOUNT OUTSTANDING FORA PERIOD EXCEEDING 6 MONTHS UNSECURED, CONSIDERED GOOD | 1,58,85,845.00 : ousrFUL =| 1,58,85,845.00 : : 2. OTHERS UNSECURED, CONSIDERED GoD, | 4,13,62,121.00 2,79,26,120.00 DOUBTFUL | 4,13,62,121.00 =| © 2,79,26120.00 TOTAL 2,72,47,966.00, 2,79,25,120.00, 10, CASH AND BANK BALANCES “Te reconciliation ofthe Closing amount and Opening amount of Cash and Bank Balances fs even as follows: PARTICULARS ‘CURRENT YEAR PREVIOUS YEAR ‘CASH AND CASH EQUIVALANTS, + BALANCES WITH BANK 43,939.00 105,889.00, CASH ON HAND 68536.00| 112,475.00 60,263.00 166,152.00 TOTAL 312,475.00, 166,152.09114, SHORT TERM LOANS AND ADVANCES “Tha reconellation ofthe Closing amount and Opening amount of Short tarm Loans ang advances Is given a flows: PARTICULARS, ARENT YEAR PREVIOUS YEAR "ADVANGE TO CUSTOMER LUNSECYRED, CONSIDERED GOOD 2,75,000.00, [ALLOWANCE FOR BAD AND ‘ESS: | DOUBTFUL LOANS & ADVANCES epee cost UNSECURED, CONSIDERED GOOD 10,34,738.00 10,26,758.00 [ALLOWANCE FOR BAD AND LESS: |S OaTFUL LOANS & ADVANCES =| 10;34,738.00 10,26,758.00 DUTIES AND TAXES RECEIVABLES. UNSECURED, CONSIDERED GOOD, 32,56,870.00 32,86,870.00 _ | AUWOWANCE FOR BAD AND i eA LOANS & ADVANCES =| 32,56,870.00 32,56,870.00 lost [UNSECURED, CONSIDERED GOOD 138,32,202.00 38,28,385.00 ALLOWANCE FOR BAD AND Ls: | AO DTFUL LOANS & ADVANCES =| 332,202.00 : 38,28,355.00 “SECURITY DEPOSITS WITH GOVT ‘oDies UNSECURED, CONSIDERED GOOD 30,97,733.00 30,97,733.00 ALLOWANCE FOR BAD AND oS A PUILLOANS & ADVANCES. =| © 3097,733.00 : 30,97,733.00, sost UNSECURED, CONSIDERED GOOD 2,78,829.00, 270,848.00, ALLOWANCE FOR BAD AND Les. STFULLOANS & ADVANCES \ =] 2778,829.00 2,70,888.00 TOTAL 117,75,372.00 3,14,80,568.00 12, REVENUE FROM OPERATIONS “The rezoncltion ofthe Closing amount and Opening amount of Revenue from oparations Is given as follows, PARTICULARS "CURRENT YEAR PREVIOUS YEAR ‘REVENUE FROME =__ SALE OF PRODUCTS 51,060.00 $1,060.00 TOTAL 51,060.00 zi 15, OTHER INCOME “Te reconciliation ofthe Closing amount and Opening amount of ther Income is gen as follows: PARTICULARS Ta ‘CURRENT YEAR. PREVIOUS YEAR PROFIT ON SALE OF FIKED ASSETS (LAND AND BUILDING) potas ‘SHORT AND EXCESS: 11,00 2 TOTAL 311.00 7026,84,405.00414, EMPLOYEE BENEFITS EXPENSE “The reconciliation ofthe losing amount and Opening amount of Emaloyee Benafits Expenses given as follows: PARTICULARS, (CURRENT YEAR, PREVIOUS YEAR ‘SALARIES AND WAGES: 24,26,845.00 720,50,000.00 ‘STAFF WELFARE EXPENSES 345,178.00 3,10,00000, TOTAL 25,71, 568.00 33,60,000.00 15, FINANCE COSTS The ceconcation ofthe Closing amount and Opening amount of Finance costs is given as follows: PARTICULARS ‘CURRENT VEAR PREVIOUS YEAR DANK CHARGES 11,216.00 28,725.00 TOTAL 14,216.00 26,725.00 116, OTHER EXPENSES The reconcliation ofthe Closing amount ang Opening amount of Other Expenses gven as follows: PREVIOUS PARTICULARS ‘CURRENT YEAR nnn ‘OTHER EXPENSES ap = ADVERTISING & PUBLICITY : 135,000.00 AUDIT FEES 2 15,000.00 = BUSINESS PROMOTION EXPENSES 4,290.00, ‘69,540.00 CCAR / BKE RUNNING & MAINTENANCE 108,789.00, 65,870.00 = COMPUTER EXPENSES 3,536.00 ‘340.00 = CONVEYANCE EXPENSES 3,413.00 52,350.00 “= FACTORY EXP 91,774.00 : + FREIGHT EXP 10,000.00 = GENERATOR RUNNING EXPENSES : 109,850.00 INCOME TAK AY 201415, 4,816.00 : = LABOUR CHARGES 1,02,785.00 4,86,910.00 = LAND LEASE RENT PAID TO RFC : 34,38,087.00 = LEGAL & PROFESSIONAL CHARGES 104,200.00 42,500.00 = MEDICAL EXP 323.00 : = MEMBERSHIP FEES — 40,000.00 : = OFFICE EXP 73,795.00 = PARKING EXP 10,765.00 : = POSTAGE ANO COURIER < 11,956.00 = POWER & ELECTRICITY EXPENSES 2,80,702.00 3,28,988.00 | PRINTING & STATIONERY : 136,500.00 “= RECRUITMENT EXPENSES 3,894.00, 12,350.00 RENT / LEASE RENT 11,000.00 72,000.00 “REPAIR & MAINTENANCE 72,238.00 41,14,560.00, “= ROC FILING FEES 4,460.00 138,400.00 = SECURITY EX? 1,56,526.00 e “TELEPHONE EXPENSES: ‘44,480.00 8,450.00 TOUR AND TRAVELLING 82,698.00 1,18,560.00 = WATER EXPENSES =| 12,10360.00| _ 12,500.00 | $040,171.00 TOTAL 32,10,360.00 '50/40,073.0047, OTHER (0) Figures have been regrouped and rearranged wherever found necessary. 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