Grandeur Travels

C-7 Sai Chowk, Madhu Vihar, Patparganj, New Delhi-110092

Balance Sheet as at 31st March, 2018
Rupees in units
Note As at
Particulars No. 31st March, 2018
I. EQUITY AND LIABILITIES

(1) Proprietor's Funds

Capital 1 616,774
Current Liability 2 28,850
Expences Payable 3 10,800
TOTAL 656,424

II. ASSETS

(1) Non-Current Assets

(a) Fixed Assets
(i) Tangible Assets 4 151,194

(2) Current Assets

Sundry Debtors 5 137,528
Loan and Advances 6 120,000
Cash and Cash Equivalents 7 247,702
TOTAL 656,424 -

Place: New Delhi Hemant Kumar

Date- Proprietor
Grandeur Travels
Schedules forming part of Balance sheets

NOTE # 1
Proprietor's Capital Account
Particulars As at
31st March, 2018
Opening Capital 525,943
Add: Profit During the year 502,831
1,028,774
Less: Drawings 412,000
Closing Capital 616,774

NOTE # 2
Current Liability
Particulars As at
31st March, 2018
Sundry Creditors 28,850

28,850

NOTE # 3
Expences payable
Particulars As at
31st March, 2018
Expences payable
Salary Payable 8,000
Telephone Exp. Payable 2,800

10,800

NOTE # 5
Sundy Debtors
Particulars As at
31st March, 2018
Sundry Debtors 139,528
137,528

NOTE # 6
Loans and Advances
Particulars As at
31st March, 2018
Advances to Vendors 120,000
120,000
NOTE # 7
Cash and Cash Equivalents
Particulars As at
31st March, 2018

Balance with Banks 209,496

Cash in hand 38,206
247,702

Place: New Delhi Roushan Gupta

Date- Proprietor
Grandeur Travels
CITY CAR B 13/A, Chander Vihar
Statement of Profit & Loss for the year ended 31 March,2018
(Rupees)
Year Ended
Note.
Particulars No. 31st March, 2018
Revenue
Revenue from Operations 8 1,242,792
Total 1,242,792
Expenditure
Depreciation and Amortization Expenses 27,535
Other Expenditure 9 712,426
Total 739,961

Profit before Tax 502,831

Place: New Delhi Roushan Gupta

Date- Proprietor
Grandeur Travels
Notes to financial statements for the year ended 31 March 2018
Particulars Year Ended
31st March, 2018
NOTE # 8
Revenue From Operations
Sale of Services 1,242,792
1,242,792

NOTE # 9
Expenditures

Particulars Year Ended

31st March, 2018
Electricity Expenses 34,283
Rent 120,000
Repair and Maintenance 25,844
Salary 96,000
Advertisement 28,300
Office Expenses 36,385
Commission 152,660
Travelling 41,930
Conveyance 105,280
Telephone 35,244
Festival Celebration 36,500
Total 712,426

Place: New Delhi Roushan Gupta

Date- Proprietor
Grandeur Travels
NOTE # 4
Fixed Assets

Gross Block Depreciation Net Block

Rate of Additions
WDV 01-04- Addition Sales/Adjust As at
Particulars Depreciatio (180 days or For the year Total
2017 (Other) ments made 31.03.2018
n more)
Air Conditioner 15% 17,017 - - 2,553 - 2,553 14,464
Computer 40% 16,440 - - 6,576 - 6,576 9,864
Printer 15% 7,752 - - 1,163 - 1,163 6,589
Mobile Phone 15% 15,759 - - 2,364 - 2,364 13,395
Refridgerator 15% 18,270 - - 2,741 - 2,741 15,530
Office Furniture 10% 67,689 - - 6,769 - 6,769 60,920
Motor Cycle 15% 35,802 - - 5,370 - 5,370 30,432
Total 178,729 - - 27,535 - 27,535 151,194

Place: New Delhi Roushan Gupta

Date- Proprietor