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ANNUAL REPORT 2018-2019
ANNUAL REPORT
2018-2019
CONTENTS
Notice
President’s Message
Board of Directors Report
Managing Committee
MC Meeting Details for the year 2018-2019
Other Committees
Training Programs organized During 2018-2019
Important Events during 2018-2019
ALEAP Credit Guarantee Association (ACGA)
Center for Entrepreneurs Development (CED)
Atal Incubation Centre ALEAP Women Entrepreneurs Hub (AIC ALEAP We-Hub)
Women Entrepreneurs International Trade & Technology Hub (WITH)
ALEIZONE
Auditor’s Report & Balance Sheet for the year 2018-2019
ANNUAL REPORT 2018-2019
NOTICE
Notice is hereby given that 25th Annual General Meeting of Association of Lady
Entrepreneurs of India (ALEAP) will be held on Monday, 30th September, 2019 at 02.00 P.M
at ALEAP Industrial Estate, Gajularamaram, Pragathi Nagar Road, OPP: JNTU, Kukatpally,
Hyderabad, R.R. District to transact the following Businesses:
ORDINARY BUSINESS:
1. To receive, consider and adopt the audited accounts of the company for the year ended 31st March, 2019 and the reports of the Directors and Auditors thereon.
2. Auditor’s Appointment
To consider and if thought fit, to pass, with or without modification, the following
resolution as an ordinary Resolution:
“RESOLVED THAT pursuant to the provisions of Section 139(1) and all other applicable
provisions of the Companies Act, 2013, and the Rules made there under, M/s. Nataraja
Iyer and Co (having ICAI Firm Regn No. 002413S) , Chartered Accountants, Hyderabad
who have offered themselves for re-appointment and have confirmed their eligibility in
terms of the provisions of Section 141 of the Companies Act, 2013 and Rule 4 of
Companies (Audit and Auditors) Rules, 2014 be and are hereby re-appointed as the
Statutory Auditors of the Company to hold office from the conclusion of the this 25th
Annual General Meeting to the conclusion of the 30th Annual General Meeting of the
Company subject to ratification of the appointment by the Members at every Annual
General Meeting held after this Annual General Meeting at such remuneration as may be
determined by the Board of Directors of the Company."
Place: Hyderabad By and Order of the Board of Directors Date: 11.09.2019 For Association of Lady Entrepreneurs of India
Sd/-
Smt. V. Sreedevi Director & Honorary Secretary DIN: 06989823
Notes: Members are requested to bring their Annual Reports posted for the Annual General
Meeting.
ANNUAL REPORT 2018-2019
PRESIDENT MESSAGE
Dear Members
The year 2018-19 focussed on sustainability of our women entrepreneurs. ALEAP has taken
lot of initiatives to bring inclusiveness and sustainability. Towards this endeavor, ALEAP had
a vision to become a catalyst to provide a total ecosystem for our members. Initiatives
which were taken up this year are: ALEAP We- Hub (Women Entrepreneurs hub), which is
an incubation for empowering women Startups. It is a collaborative program designed to
help women startups to succeed in their enterprises. This initiative is supported by Atal
Innovation Mission (AIM), NITI Aayog, Govt of India under Atal incubation mission. Another
program is Alezone, an online marketing platform for women entrepreneurs, which enables
marketing access and networking among women entrepreneurs. This platform identifies and
addresses the needs of women in the small sector and makes them more Competitive, thus
identifying them in the global market.
ALEAP also works very closely with institutions like CFTRI, CIPET, BIRAC, IIPT and
multilateral agencies to help members in accessing technology, providing vital information
and promoting joint venture collaborations to improve trade and investment. The concept of
industrial parks is well understood by our members. The demand for more infra-structure
facilities pertaining to women entrepreneurs, has led to setting up of green industrial parks
in Andhra Pradesh and Telangana, with the support of State and Central Govt.
Empowering women through Skill Development is another inititiative taken up by ALEAP,
during this year. To increase women’s participation in the workforce and entrepreneurship,
ALEAP laid emphasis on various job roles aligned to industry 4.0, like artificial intelligence,
3D printing, Data Analytics, and livelihood skills like garmenting, food processing, health
care, etc. Bridging the divide, women’s economic empowerment is a tool for achieving
gender equality.
In India, enhancing women’s access to technology and ICT, which can create a emerging
market of Connected women who can avail business oppurtunities. As a result, members
are able to access finance and obtain higher incomes, thus benefiting their families and
society. As these programmes and anecdotes show that success will hinge on collaboration
between Stakeholders ranging from Govt ministries to educational institutions and public
enterprises and private sector. In the end, Indian women themselves will have to play a key
role in claiming space for themselves as entrepreneurs. Let us pledge to increase women’s
participation in realizing higher levels of growth and Development for India that is more
inclusive and sustainable.
With Best Wishes
Thank you
SD/-
K. Rama Devi
President, Association of Lady Entrepreneurs of India
ANNUAL REPORT 2018-2019
BOARD REPORT Dear Members, Your Directors have pleasure in presenting this 25th Annual Report on the affairs of the Company together with the Audited Statement of Accounts for the year ended on 31st March, 2019.
1. OPERATING RESULTS OR PERFORMANCE OF THE COMPANY:
The company’s revenue from operations during the year under review was Rs. 145.14
lakhs (Previous year Rs 150.74 lakhs). The Company has excess of expenditure over
income amounting to Rs. 115.04 lakhs (Previous year excess of expenditure over
income Rs. 12.32 lakhs).
2. DETAILS OF THE DIFFERENT COMMITTEES AND THEIR MEETINGS
MANAGING COMMITTEE (BOARD) MEMBERS FOR THE YEAR 2018-2019
OFFICE BEARERS:
SMT. K.RAMA DEVI - PRESIDENT
Smt. B VIJAYA LAKSHMI - VICE PRESIDENT
Smt. V. SREEDEVI - SECRETARY
Smt. N.SWAROOPA RANI - JOINT SECRETARY
SMT.B.KAVITHA - TREASURER
OTHER MEMBERS
Smt. P.JYOTHI RANI
Smt. K.PADMAJA PRABHAKAR
Smt. A. DURGA BHAVANI
Smt. B.SAILAJA
Smt. Y.TRIPURAMBA
Smt. U. PADMAVATHI
Smt. T.PALLAVI JOSHI
Smt. C RAJANI
Smt. M LAKSHMI
Smt. B PADMAVATHI ANNAPURNA
Smt. K SRI MAHALAKSHMI
ANNUAL REPORT 2018-2019 DETAILS OF THE MANAGING COMMITTEE (BOARD) MEETINGS HELD DURING 2018-2019
10 MC Meetings were held during 01st April, 2018 to 31st March 2019. The following are the
dates of the meetings:
30.04.2018 26.05.2018 25.06.2018 07.07.2018 24.07.2018 31.08.2018 24.09.2018 29.10.2018 28.11.2018 05.02.2019
--------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- --------------- ---------------
Details of the Attendance of
MC (Board) Members for the Year 2018-2019
(1st April 2018 – 31st March 2019)
Sl. No.
Name of the MC Member
Total No. of MC meetings held
during the tenure of the member
No. of meetings Attended by the
MC Members
1 2 3 4 5 6 7 8 9 10
11 12 13 14 15 16
SMT. K.RAMA DEVI Smt. B VIJAYA LAKSHMI Smt. V. SREEDEVI Smt. N.SWAROPA RANI SMT.B.KAVITHA Smt. P.JYOTHI RANI Smt. K.PADMAJA PRABHAKAR Smt. A. DURGA BHAVANI Smt. B.SAILAJA Smt. Y.TRIPURAMBA
Smt. U. PADMAVATHI Smt. T.PALLAVI JOSHI Smt. C RAJANI Smt. M LAKSHMI Smt. B PADMAVATHI ANNAPURNA
• Smt. K SRI MAHALAKSHMI
10 10 10 10 10 10 10 10 10 10
10 10 04 04 04 04
10 08 08 10 10 10 10 09 08 09
09 03 04 03 03 04
ANNUAL REPORT 2018-2019 DETAILS OF OTHER COMMITTEES
AIC ALEAP WE-HUB : Mrs. K Rama Devi – Chairperson
Women Entrepreneurs International
Trade & Technology Hub (WITH) :Dr. Sheela Bhide, IAS – Chairperson,
Mrs. P. Jyothi Rani – Vice Chairperson
News Letter : Mrs. P. Jyothi Rani - Editor
Skill Development : Mrs. K Padmaja – Chairperson
Marketing, Exhibitions, International
Exhibitions : Mrs. B Sailaja – Chairperson
LAND COMMITTEE
ALEAP Industrial Estate, Gajularamaram, IALA, ALEAP
Mrs. B Vijaya Lakshmi – Chairperson,
Mrs. G Karuna – Vice Chairperson,
Mrs. B Kavitha – Secretary,
Mrs. U Padmavathi – Joint Secretary,
Mrs. K Sri Mahalakshmi - Treasurer
ALEAP Industrial Estate, Vijayawada - Mrs. K Kanaka Durga – Chairperson
ALEAP Industrial Estate, Nandigama
ALEAP Industrial Estate, Rajahmundry Mrs. A Durga Bhavani – Chairperson
ALEAP Industrial Estate, Nellore
ALEAP Industrial Estate, Visakhapatnam
Representation of ALEAP on the Governing Body of Centre for Entrepreneurship
Development (CED):
Smt. K. Rama Devi (President)
Smt. B Vijaya Lakshmi (Vice President)
Smt. Y.Tripuramba (Secretary)
Smt. P.Jyothi Rani
Smt. B. Kavitha
Smt. C Rajani
Smt. B Padmavathi Annapurna
Smt. K Sri Mahalakshmi
Smt. K Mohana
Representation of ALEAP on MC (Board) of ACGA
Mrs. K Rama Devi (President) Mrs. U Padmavathi (Vice President) Mrs. B Kavitha (Secretary) Mrs. Durga Bhavani Adusumilli Mrs. Tripuramba Yarlagadda Mrs. Jyothi Rani Pidikiti Mrs. Padmaja Prabhakar Kamireddy Mrs. Sailaja Bander
ANNUAL REPORT 2018-2019 Mrs. Sarada Konda Mrs. Mohana Kota
ABOUT PROGRAMS
2nd Batch of 3 day Village Level Entrepreneurship Development programme
Association of Lady Entrepreneurs of India (ALEAP) has organised 1st batch of 3 day Village
Level Entrepreneurship Development programme from 27.06.18 – 29.06.2018 at ALEAP
Industrial Estate, Gajularamaram, Pragathi Nagar, Kukatpally, Hyderabad in collaboration
with Information Technology Electronics & Communications Department (IT E&CD),
Government of Telangana.
The main objective of the program was to develop training resource material and human
resources capacity to promote self-employment and entrepreneurship among women in
Telangana.
ONE DAY WORKSHOP on
“LEVERAGE OPPORTUNITIES IN FOOD PROCESSING SECTOR”
Keeping skills and knowledge current is critical in today's rapidly changing and competitive
food industry. In this regard, Association of Lady Entrepreneurs of India (ALEAP) has
organized a One Day Work Shop on “Leverage opportunities in Food Processing Sector” on
21st April, 2018 at The Kay Hotel, Ramavarappadu Road, Gunadala, Vijayawada, AP from
09.00 AM to 04.00 PM.
The workshop consisted of invited talks from experts and a number of women participants.
It has provided an excellent knowledge about new technologies that can be implemented for
optimising the results. This brought bring great impetus to the participants on the
technologies pertaining to food processing.
One Day Work Shop on “The Role of a Food Safety Supervisor”
Food safety supervisor has become a mandatory requirement in any Food business in our
country. Keeping in view of this, Association of Lady Entrepreneurs of India (ALEAP)
organized One Day training programme on “The role of a Food Safety Supervisor” in
association with the M/s. Parikshan, Chennai which is appointed as a lead expert to FSSAI
on food safety on 01.06.2018, at the conference hall of the Common facilities Centre, ALEAP
Industrial Estate, Gajularamaram, Pragathi Nagar, Hyderabad.
The main objective of the one day training programme was to train the participants as Food
Safety Supervisor (FSS). Food Safety Supervisor will be a trained and certified supervisor in
ANNUAL REPORT 2018-2019 the Food manufacturing units who will be responsible for carrying out implementation of
hygiene standards in their respective units. This FSS in turn will train the employees to
implement and maintain good hygiene practices. He will also assist operators to conduct in-
house supervision, correct irregularities detected and conduct food hygiene and safety
training of food handlers in his organization.
Being the programme was designed for strengthening the units for Food Spoilage, mostly
concentrated in Food Safety Supervisor related topics like Activity on Food Spoilage,
Reasons of Food Spoilage, Food Safety Management System, Packaging and Labeling
requirement, etc by the experts of M/s. Parikshan.
ONE DAY AWARENESS PROGRAM on
“Biotech Startup Opportunities – For Aspiring Global Women Entrepreneurs”
The Convention on Biological Diversity (CBD) defines biotechnology as: “Any technological
application that uses biological systems, living organisms, or derivatives thereof, to make or
modify products for specific use” (Secretariat of the Convention on Biological Diversity,
1992).
Modern biotechnology has three main objectives: Heal the world, Fuel the world and Feed
the world. While technology generally aims to create tools to empower humans,
Biotechnology aims to change humans and their surroundings, to be a better fit for the
world. Biotechnology is the application of advances made in the biological sciences,
especially involving the science of genetics and its application. Biotechnology is most
important for its implications in human and animal health, medicine, agriculture and food
industry.
Association of Lady Entrepreneurs of India (ALEAP) organized a one day awareness program
on "Biotech Startup Opportunities - For Aspiring Global Women Entrepreneurs" in
association with IKP Knowledge Park, Hyderabad on 11th July 2018 at The Vizagapatam
Chamber of Commerce & Industry (VCCI), Visakhapatnam, AP. The Chief Guest for the
program was Sri Ganta Srinivasrao Garu, Hon’ble Minister for Human Resources
Development, AP and other dignitaries were Smt. Sheela Bhide, IAS, Chairperson, Suryoday
Small Finance Bank, Mumbai, Mrs. Deepanwita Chattopadhyay, Chairperson & CEO, IKP,
Hyderabad, Sri Bhubesh Kumar, Director- Food & Agriculture, Research and Innovation
Circle of Hyderabad (RICH), IIIT Hyderabad campus, Gachibowli, Hyderabad; Ms. Sharada
Rao, Chief Executive Officer and Board, Blackbuck Engineers Pvt. Ltd., Hyderabad; and Dr.
Mandar Kulkarni, Ph.D, CSO, Elixsys Inc., Hyderabad along with successful Women
Entrepreneur in Bio Technology Ms. Sowjanya Madala, Founder & CEO, Sowjanya Healthcare
Solutions, Amaravati, etc.
The objective of the awareness program was to spread awareness on start-up opportunities
in biotechnology and biotech enabled services, especially for aspiring women entrepreneurs.
The event deliberated on what can be done with the help of biotechnology and showcased
success stories of women bio entrepreneurs. Four parallel focused group discussions on
ANNUAL REPORT 2018-2019 interests, capabilities, opportunities and challenges of bio enterprises in the domains of agri
and food biotech, industrial biotech, medical technology and biopharma was held. The
Concluding Session has consolidated the learning’s from the 4 group discussions and had
came up with a set of action items on what aspiring entrepreneurs would like to know more
about and what could be done to help them pursue their entrepreneurial dream.
Alumniportal Lab “Future of work - Leaving no one behind in a globalised and
digital world” Hyderabad, India
In the context of the German engagement for the 2030 Agenda, the Alumniportal Deutschland, a joint project of the Alexander von Humboldt-Foundation, the German Academic Exchange Service (DAAD), the Goethe Institut and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), has organized an Alumniportal Lab on the topic “Future of Work – Leaving no one behind in a globalised and digital world” in
Hyderabad on 18 July 2018 Trillion Ballroom, The Park, 22, Raj Bhavan Road, Somajiguda.
The Lab will bring together Germany-Alumni with local and international experts and stakeholders from Government, NGOs, Academia, Private Sector, Civil Society as well as organisations from International/Development Cooperation who intend to raise awareness on the importance of the above-mentioned topic and enter into dialogue and to discuss
challenges and opportunities raised by the advent of new technologies. Furthermore, the event was designed as a platform to share experiences and exchange about innovative ideas and projects on what new ways of work will look like and how inclusive and decent work for all in India can be achieved.
Association of Lady Entrepreneurs of India (ALEAP) being the pioneer addressed on “the Future of Work” mean for studies and training, what are the consequences? etc. The event
addressed on How do these global trends and changes, such as globalisation, digitalisation, demographics and the changing expectation of employees affect job markets and policies? How to deal with the challenges and opportunities these megatrends bring, and, above all, how to make sure that everybody can benefit from these changes and nobody is left behind?
One Day Workshop on Marketing Support with Amazon Saheli
The collaboration with Amazon Seller Services Private Limited (Amazon) is to make available the benefits of Amazon's Saheli program to eligible women entrepreneurs/ SHGs/ NGOs ("Artisans") and facilitate listing of Artisans products on www.amazon.in ("Amazon.in").
ALEAP used to conduct periodic training workshops at the centers to provide one–time training to each Artisan to familiarize about the listing process/inventory and order management on Amazon.in.
On 18th July, 2018, ALEAP has organized one day workshop on Marketing Support through Amazon Saheli to women entrepreneurs at ALEAP Industrial Estate, Hyderabad. Around 30 women entrepreneurs along with one trainer from Amazon have participated in this
workshop.
ANNUAL REPORT 2018-2019 Entrepreneurship skill Development Programmes (ESDPs)
ALEAP has entered into MOU with National Jute Board (NJB) having its head office at
Kolkata under Jute Integrated Development Scheme of NJB, Ministry of Textiles,
Government of India for carrying out various promotional works that will include
arrangement of Basic Training, Advance Training, Design Dissemination and setting up of
Training-Cum-Production Centre, Jute Raw material Bank, operation of Retail Outlet in the
respective region, particularly in promising areas and targeting mostly women, unemployed
youth and Economically Weaker Section (EWS) of the Society. As per this MOU, ALEAP has
organized a training of Jute Bag Making for 20 trainees under Jute Integrated Development
Scheme of NJB, Ministry of Textiles, Government of India.
ALEAP has also organized a Self Entrepreneurship skill Development Programme (ESDP) on
Tie, Dye and Block Printing training for 15 candidates. The valedictory function of both the
above said training programs has been organized on 04th August, 2018 at ALEAP Industrial
Estate, Gajularamaram, Pragathi Nagar, Kukatpally, Hyderabad and awarded certificates to
the trainees of both the programs by the Chief Guests of Valedictory Sri Syed Altaf Hyder
Razvi, Secretary, Salar E Millat Educational Trust & Ex. MLC, and Sri Khasim, District
Minority Welfare Officer, Hyderabad District, Telangana State after the welcome address by
Mrs. K Rama Devi, President, ALEAP. The vote of thanks was presented by Mrs. K Padmaja,
Secretary, ALEAP.
On the same day an exposure visit to the units in ALEAP Industrial Estate, Gajularamaram,
Pragathi Nagar, Hyderabad was also organized to 130 prospective trainees (Minority
Women) from Nasheman Nagar, Baba Nager, Amberpet and Malakpet who were trained
under District Minority Welfare Officer, Hyderabad District, Telangana under Skill
Development Programme.
3rd Batch of 3 day Village Level Entrepreneurship Development programme
Association of Lady Entrepreneurs of India (ALEAP) has organised 03rd batch of 3 day Village
Level Entrepreneurship Development programme from 16.08.18 – 18.08.2018 at ALEAP
Industrial Estate, Gajularamaram, Pragathi Nagar, Kukatpally, Hyderabad in collaboration
with Information Technology Electronics & Communications Department (IT E&CD),
Government of Telangana.
The main objective of the program was to develop training resource material and human
resources capacity to promote self-employment and entrepreneurship among women in
Telangana. The program was inaugurated by Smt. K. Rama Devi, President, ALEAP and
Smt. Vara Lakshmi, Deputy Director, Department of IT E&CD, Government of Telangana.
Dr. P. Jyothi Rao, Vice president of ALEAP, Smt. Durga Rani and Smt. G Karuna Managing committee members of ALEAP were also participated in the valedictory function of the programme and distributed certificates to the trainees on 18.08.2018.
ANNUAL REPORT 2018-2019
Inauguration of ALEAP’s Hub & Spoke Model &
interaction with Women Entrepreneurs
Association of Lady Entrepreneurs of India has organized an interaction session with women
entrepreneurs and industrial exhibition on 7th September 2018 at ALEAP Industrial Estate,
Gajularamaram, Pragathi Nagar, kukatpally, Hyderabad. The chief Guest for the occasion,
Shri. Arun Kumar Panda, IAS, Secretary to Ministry of MSME, Govt. of India has inaugurated
ALEAP’s Hub & Spoke Model along with the exhibition stalls and addressed the women
entrepreneurs, bankers and various stakeholders of the program.
Smt. K. Rama Devi, President, ALEAP has addressed on the opportunities that are available
for women entrepreneurs and the services that are being provided through ALEAP for the
last 25 years.
Several other official dignitaries present and addressed on this occasion were Dr. Chandra
Sekhar, Additional Industries Advisor, MSME-DI, Sri.A.V.R.Krishna, Director, CIPET,
Sri.S.V.B.N.Rao, DGM, Canara Bank, Sri.Sanjay Jain, DGM SIDBI along with Managing
Committee members of ALEAP Smt. K. Padmaja, Secretary ALEAP, Smt. Y.Tripuramba,
Secretary,CED, ALEAP. The program was concluded with Vote of thanks presented by Smt.
B. Kavitha Rajesh, Treasurer, ALEAP & Secretary, IALA ALEAP.
Elections for the period 2018-2020
24'th Annual General Meeting and 15'th Elections for the period 2018-2020 of Association of
Lady Entrepreneurs of India was held on 11th September 2018 at ALEAP Industrial Estate,
Hyderabad.
The following members were continued to be in the committee for the year 2018-2020:
1. Smt. P Jyothi Rani 2. Smt. K Padmaja 3. Smt. A Durga Bhavani
4. Smt. N Swaroopa Rani 5. Smt. T Pallavi Joshi 6. Smt. V Sreedevi
The following members were elected in the 15th elections:
Individual:-
1. Smt. U Padmavathi 2. Smt. C Rajani
Institutional:-
ANNUAL REPORT 2018-2019 1. Smt. K Rama Devi 2. Smt. Y Tripuramba 3. Smt. B Kavitha 4. Smt. B Sailaja 5. Smt. B Vijaya Lakshmi 6. Smt. M Lakshmi 7. Smt. B Padmavathi Annapurna 8. Smt. K Sri Mahalakshmi
3 Day Food Processing Technology Based Entrepreneurship Development Program
ALEAP is proposing to establish an industrial park exclusively for women at Rajahmundry, AP with an aim of setting up of food processing industrial units by women along with a common facility Centre with the support of Ministry of Food Processing Industries, Government of India. Keeping in view of above, ALEAP has organized a 3 day Technical training program in Food Processing Sector during 17th - 19th September, 2018 at Samarla Kota of East Godavari District, AP.
The main objective of the 3 day training programme was to train the participants in implementation of hygiene standards in their respective units, Preservation technologies, producing safe dairy products, Licenses required for food processing industry and Innovative technologies in Food processing sector. The programme was inaugurated on 17.09.2018, at conference hall of the TTDC, Samarla
Kota of East Godavari District, AP. Smt. K. Rama Devi, President, ALEAP, Shri. Uma
Maheswara Rao, Project Director of MEPMA, East Godavari district, Smt. Smt. Dhruti Devi,
Executive Director of CED were participated in the inaugural function and addressed the
participants. A total number of 108 women were participated in the programme.
B2B meeting with GIZ
Mr. Per Borjegren, Team Leader, Indo German Vocational Education Training Programme (IGVET) visited ALEAP Industrial Estate, Hyderabad on 19-09-2018 to discuss about the collaboration of ALEAP for the upcoming project on women entrepreneurship. Mrs. K Rama Devi presented the 25 years journey of ALEAP along with few success stories of women entrepreneurs in ALEAP during the meeting. Ms. Priyanka from GIZ IN, Smt. B.
Kavitha Rajesh, Treasurer, ALEAP and Smt. K Sri Mahalakshmi, Managing Committee Member, ALEAP has also participated in the meeting.
Empowerment of Women through enterprises (EWE)
The National Institute for Micro, Small and Medium Enterprise (ni-msme), An organisation of
Ministry of Micro, Small and Medium Enterprises,Govt of India has organised 8-weeks
ANNUAL REPORT 2018-2019 International Programme i.e "Empowerment of Women through Enterprises (EWE ) at ni-
msme campus, Hyderabad.
The eminent programme was supported by Ministry of External Affairs, Govt. of India. 31
Participants from different countries of Africa & Asia have been undergone training for the
above said Programme.
As an exposure visit to these 31 international participants along with two officials from ni-
msme has visited ALEAP and units in ALEAP Industrial Estate
on 01.10.2018 (Monday) from 10.30 A.M to 12.30 P.M. and Smt. K. Rama Devi, President
of ALEAP explained the activities of ALEAP and its innovations.
04th Batch of 3 day Village Level Entrepreneurship Development programme
Association of Lady Entrepreneurs of India (ALEAP) has successfully organised 04th batch of
3 day Village Level Entrepreneurship Development programme from 01.10.2018 – 03.10.18
at ALEAP Industrial Estate, Gajularamaram, Pragathi Nagar, Kukatpally, Hyderabad in
collaboration with Information Technology Electronics & Communications Department (IT
E&CD), Government of Telangana.
The objectives of the program:
Develop training resource material Enhance human resources capacity to promote self-employment and
entrepreneurship among women in Telangana. Introduction of Information based learning to enable entrepreneurial learning at
village level. Skill development to initiate and expand entrepreneurship.
Develop business successors as entrepreneurs and sustain the activity. Create entrepreneur helpline to pass the information.
Free awareness and registration session on Government e-marketplace (GeM)
Association of Lady Entrepreneurs of India (ALEAP) has organised a free awareness and
registration session on GeM at ALEAP Industrial Estate, Gajularamaram, Pragathi Nagar, Hyderabad on 04th October, 2019 in association with the team GeM. The Regional Manager, GeM (Government E marketplace) Ministry of MSME, GOI has taken up the session to the participants of the program i.e., women entrepreneurs and start ups.
Government e-Marketplace (GeM), facilitates online platform for the procurement of common use Goods & Services required by various Government Departments / Organisations / PSUs. GeM aims to enhance transparency, efficiency and speed in public procurement. It provides the tools of e-bidding, reverse e-auction and demand aggregation to facilitate the government users, achieve the best value for their money. On GeM platform user can perform their transactions through Paperless, Contactless, Cashless, Transparent and in efficient manner.
It was explained in detail about the benefits of GeM for Sellers:
ANNUAL REPORT 2018-2019 1. Direct access to all the Government Departments 2. One stop shop for marketing with minimal efforts 3. New product suggestion facility available to sellers 4. Dynamic pricing -Pricing can be changed on the market conditions. 5. Seller Friendly dash board for selling and monitoring of supplies and payments. 6. Multiple invoice for One order 7. Vendor Assessment System
GIZ project on women entrepreneurship
Mr. Julia Karst, Head of Project, Economic Empowerment of Women Entrepreneurs and Start-ups by Women, Deutsche Gesellschaft für, Internationale Zusammenarbeit (GIZ) GmbH, New Delhi along with Ms. Nele Wasmuth, Project consultant visited ALEAP Industrial Estate, Hyderabad on 16-10-2018 to discuss about the collaboration of ALEAP for the upcoming project on women entrepreneurship. He explained that they were working together with the Ministry of Skill Development and Entrepreneurship to provide support and advice to MSDE on how to increase access by women entrepreneurs to government support schemes. They were looking to engage directly with institutions offering support to women entrepreneurs, both in the starting and scale-up phases of their business. Mr. Julia Karst had a collaborative discussion with Smt. K. Rama Devi, President, ALEAP
about the project. Mrs. K Rama Devi briefed about the activities of ALEAP along with few success stories during the interaction. Smt. V Sreedevi, Secretary, ALEAP has also participated in the meeting.
Product India Exhibition - 2018
ALEAP as a part of its marketing support to women entrepreneurs, organized the “Product
India Exhibition” at Sesha Sai Kalyanamantapam, Benz circle, Vijayawada during 3rd – 5th
November, 2018.
The main objective of this exhibition was to provide marketing support to women who would
produce quality products by arranging cost-effective business network and advertising.
Since women units cannot invest large sums of money in mass publicity, and only
exhibitions would enable them to market their products in front of their buyers at a single
place. Consumers were also benefitted in getting the products with reasonable prices as the
manufactures were directly exhibiting their products.
The Product India Exhibition – 2018 was inaugurated by the Chief Guest Smt. Nanpamaneni
Raj kumari, chairwoman of AP state Women's Commission & Chief Whip, Andhra Pradesh
Legislative Council.
Contribution to the Chief Minister's Relief Fund
Mrs. K Rama Devi, President ALEAP on behalf of the ALEAP has joined her hands with
Government of Andhra Pradesh in rebuilding the lives of individuals effected by the Cyclone
ANNUAL REPORT 2018-2019 Titli. This cyclone has left many of the lives in devastation in the northern coastal regions of
Andhra Pradesh. Mrs. K Rama Devi on behalf of ALEAP contributed to the AP Chief Minister's
Relief Fund an amount of Rs. 3,00,000/- in words (Rupees Three Lakhs only) & has become
a part in their rebuilding their lives on 17.11.2018 at CM chamber, AP along with the
members from Vijayawada.
Skill Development Training in Jute Bag Making for women
A one month jute training programme for the mothers of differently abled children has been
organised by ALEAP & CED, ALEAP in the premises of National Institute for the
Empowerment of Persons with Intellectual Disabilities (NIEPID), Hyderabad on 19.11.2018.
This program was sponsored by CANARA BANK in the Honour of Shri Subba Rao Pai,
Founder of Canara Bank.
The inauguration of the program was graced by Mrs. B. Vijayalakshmi, Vice-President,
ALEAP, Mrs. Y. Tripuramba, Secretary, CED-ALEAP, Mrs. Madhavi, Director(Skill
Development), ALEAP, Mr. P V K S N Venu Gopal, Regional Manager, Ranga Reddy Dist.,
CANARA BANK and Mr. Bhujanga Rao, LBO , Medchal, Mr. Ramachandran, HoD, NIEPID, Mr.
Srinivasulu, VoC, NIEPID and Mrs. A. Dhruti Devi, E.D, and Mrs. Sunitha.V, Coordinator,
CED-ALEAP.
Workshop for Aspiring Women Entrepreneurs
On the occasion of Golden Jubilee Celebrations of “Smt. Kandukuri Rajyalakshmi College for women, Rajamahendravaram, E.G.Dist, AP has organised a “Workshop for Aspiring women Entrepreneurs” by the Entrepreneurship Development Cell of the Department of Commerce at their campus on 29th November, 2018.
Dr. N V N Ratna Kumari, M.Sc., M.Phill., Ph.D, Principal of the college has felicitated Mrs. K. Rama Devi, President, ALEAP the Chief Guest for the program for her gracious presence and inspiring speech on women entrepreneurship. Almost 300 students from various colleges have participated in the workshop.
26th FORMATION DAY – Celebrations and Certificates Distribution
ALEAP was founded in the year 1993, and was inaugurated on 18th December by Shri Kotla
Vijaya Bhaskar Reddy then Chief Minister of Andhra Pradesh. Since then it became a festival
to be celebrated every year. All the Members of ALEAP along with the international
participant have attended the Formation Day celebrations on December 18th 2018 with great
enthusiasm and the day become a day of Meet & Greet.
This year along with the member’s of ALEAP the Trainees also participated in the
celebrations and several competitions and games which were organized ALEAP Industrial
Estate. Mrs. B Vijayalakshmi, Vice President, ALEAP appraised the development of the
association in the past one year and thanked all the committee members, the chairpersons
of the various activities, the staff for their continued service and support.
ANNUAL REPORT 2018-2019
Skill Training Program to rural women
ALEAP has entered into an MOU with Andhra Bank, Swarna Bharath Trust, GMRVF Rural Institute of Livelihood on 22.04.2017 for skilling the rural women in Garment making on industrial sewing machine to get the livelihood in Atkuru, Nellore and Munchintal. We have given skill training to 400 women during the 2018-19.
Interaction with officials from Goldman Sachs, USA
Ms. Cristina Shaprio, Vice President, Goldman Sachs, USA visited ALEAP Industrial Estate on 18th December, 2018 for synergy between ALEAP and Goldman Sachs, USA.
She emphasized on Goldman Sachs services in investment banking, client services, Lending and Investment management. Mr. Geetha Krishnan has added about the Goldman Sachs program meant for women entrepreneurs. Around 10,000 women will be providing training at IIMB for a period 3 months with a 15 days teaser program which is eventually an Alumni Ambassador program.
Mrs. P Jyothi Rani, Vice Chairperson, WITH-ALEAP and Mrs. B Kavitha, Treasurer, ALEAP along with Dr. Zahoorullah. S. MD, Incubation Manager, AIC ALEAP WE-HUB have interacted with the delegates.
Training Programme for the selected Micro Enterprise Community Consultants of Urban Andhra Pradesh
ALEAP has organized a Training Programme for the selected Micro Enterprise Community Consultants of Urban Andhra Pradesh at ALEAP Common facility Centre located in the ALEAP
Industrial Estate of Pragathinagar, Hyderabad in collaboration with Mission for Elimination of Poverty in Municipalities (MEPMA), Andhra Pradesh. Under this program ALEAP has trained 290 candidates during the period from 4th Feb 2019 to 1st March 2019 in 4 batches.
The main objective of the above programme was to enhance the skills of the Micro Enterprise Consultants (MECCs) regarding EDP & Handholding concepts keeping in view of providing handholding support to the prospective SHG women entrepreneurs as well as existing women entrepreneurs for establishing their new units and profitable sustainability
of existing units. MEPMA wants to create a professional base in all municipalities of Andhra Pradesh and make them available in the selected areas for discharging their services to the needy women in setting up of micro enterprises.
Laying foundation stone of ALEAP’s Green Industrial Park at Visakhapatnam, AP
The foundation stone of ALEAP’s Green Industrial Park at Anandapuram, Gidijala, Visakhapatnam, AP was laid on 14th February, 2019 by the Chief Guest, Hon’ble Chief Minister of Andhra Pradesh, Sri Nara Chandrababu Nadiu garu along with other Guests of Honour Sri Ganta Srinivas garu, Hon’ble Minister for Human Resource Development, Government of Andhra Pradesh and Sri Nara Lokesh, Minister for Information Technology, Panchayati Raj and Rural Development in Andhra Pradesh along with ALEAP Managing
ANNUAL REPORT 2018-2019 Committee Members for establishment of Women Entrepreneurs Green Industrial Park and Women Entrepreneurs International Trade & Technology Hub (WITH).
Jury Panelist at TiE GRAD Business Idea Tournament
TiE Grad is a globally acclaimed entrepreneurship program for students, and extension of TiE University Challenge which run in 10+ countries and 40+ locations across the world.. During the 2018-19 year program, TiE Hyderabad partnered with 16+ Engineering &
Management institutions and introduced Entrepreneurship to over 2600+ students. They have received excellent ideas and business plans from about 119+ teams.
On 9th March 2019 they have conducted TiE Grad Business Idea Tournament Grand Finale in which Mrs. K Rama Devi, President, ALEAP was the Jury Panelist at this glittering event and evaluated the finalists to select winners. Through her interaction with students at TiE Grad initiative, she have encourage next generation entrepreneurs to follow their entrepreneurial dreams, inspire them to continue to build, develop on their business idea, which can be the next potential game-changer.
FOLLOWING SKILL DEVELOPMENT PROGRAMS WERE CONDUCTED DURING THE YEAR 2018-2019
S.NO NAME OF THE TRAINING
PROGRAM
PERIOD OF THE PROGRAM NUMBER OF
PARTICIPANTS
TRAINED
1 SANITARY NAPKINS(10 )
DAYS
24-4-18 TO 3-5-18. 06NO.S
2 FASHION DESIGNING (45)
DAYS.
11-6-18 TO 26-7-18. 17 NO.S
3 JUTE BAGS&ACESSORIES 03-7-18 TO 18-08-18. 15 NO.S
4 TIE &DYE(10 ) DAYS 20-7-18 TO 31-7-18. 13 NO.S
5 JUTE BAGS &ACESSORIES(45
DAYS)
05-9-18 TO 20-10-18. 25NO.S
6 DRY WASH (03) DAYS 25-9-18 TO 27-9-18. 18 NO.S
7 CHOCOLATE MAKING ( 03 )
DAYS
10 NO.S
8 TIE & DYE (10) DAYS 28-9-18 TO 08-10-18 13 NO.S
ANNUAL REPORT 2018-2019
Memorandum of Understanding (MoU)
MOU between ALEAP and TPL-US Ltd.
An MoU was signed between ALEAP & TPL-US Ltd represented by Mrs. K. Rama Devi,
President, ALEAP and Mr. Tenny Cherian, COO,TPL respectively on 01.08.2018 at ALEAP
Industrial Estate for establishing RO plants and TATA Quality Malls to supply the products
manufactured by ALEAP members across Telangana, Andhra Pradesh and Karnataka states
in India. Mr. H.E.Kutty, Head, SBU, TPL and Mrs. B Kavitha, Treasurer, ALEAP and Mrs. N
Swaroopa Rani, Managing Committee Member, ALEAP graced the event.
Awards & Achievements
“GreenTec- 2018” Award
Another feather on the cap of ALEAP - an International recognition from the Veolia of GreenTec Awards-2018, Germany. Achieved the most prestigious “GreenTec- 2018” award as a Best Agency in the area of "Entrepreneurs tackle waste" and won the first prize among 138 nominated countries in the category of Resources & Recycling by Veolia of the GreenTec Awards-2018” at Munich, Germany for its efforts in turning industrial waste into a business opportunity on 13th May, 2018.
9 COMPUTER EMBROIDERY(10)
DAYS
22-10-18 TO 31-10-18. 14 NO.S
10 DRY WASH (03) DAYS 01-11-18 TO 03-11-18. 16 NO.S
11 MUGGAM WORK (10) DAYS 15-11-18 TO 24-11-18. 8 NO.S
12 DRY WASH (03) DAYS 04-12-18 TO 06-12-18. 21 NO.S
13 FASHION DESIGNING (45)
DAYS
10-12-18 T0 25-1-19. 10 NO.S
14 COMPUTER EMBROIDERY(10)
DAYS
05-12-18 TO 18-12-18. 10 NO.S
15 TIE&DYE BLOCK
PRINTING(10) DAYS
18-2-19 TO 27-2-19. 10 NO.S
16 COMPUTER EMBROIDERY (10) 12-3-19 TO 21-3-19. 17 NO.S
17 JUTE BAGS &ACESSORIES
(45) DAYS
22-03-19 T0 05 -05-19. 23 NO.S
ANNUAL REPORT 2018-2019
“WE Reach” Award
ALEAP has been recognized as the Best Outreach Partner of WEConnect International in India and honored with the prestigious “WE Reach Award 2018” from Ms. Elizabeth A. Vazquez, President, CEO and Co-Founder of WEConnect International and Mr. Krish Iyer, President & Chief Executive Officer at Walmart India Private Limited on 30th November 2018 during the ThinkBig 2018 event.
Smt. K. Rama Devi, President, ALEAP and Smt. B. Kavitha Rajesh, Treasurer, ALEAP had
received the award on behalf of ALEAP from Smt. K. Ratna Prabha, IAS, Former Chief Secretary, Government of Karnataka.
“Dare to Dream” Award
Achieved “Dare to Dream” Award towards contribution to the growth of MSMEs from ZEE
Business on 17th December 2018.
Smt. K. Rama Devi, President, ALEAP, received the award on behalf of Association of Lady
Entrepreneurs of India (ALEAP) through the Hon’ble Minister of State for Micro, Small and
Medium Enterprises Sri. Giriraj Singh at New Delhi.
INTERNATIONAL DESK
International Women Entrepreneurs Summit - 2018
South Asian Women Development Forum (SAWDF) organized a three day “International
Women Entrepreneurs Summit - 2018” with the theme “Equality begins with Economic
Empowerment”, from 3rd – 5th September, 2018 in Kathmandu, Nepal.
The main goal of the summit was to bring together women business leaders, professionals,
international service providers, resource organizations, relevant sectoral experts,
government representatives and other stakeholders from various fields, with a focus on
innovative economic transformation through cutting- edge discussions and collaborations.
The summit commenced on 3rd September 2018 with the Inaugural Ceremony. Seven
plenary sessions were conducted on wide array of topics such as IT, tourism, e-trade, trade
and gender, to name a few, which were based on the theme of the summit- Equality begins
with Economic Empowerment. The summit concluded with the Valedictory Session on 5th
September 2018.
There were over 150 participants from multiple sectors representing women business
leaders, professionals, entrepreneurs, development partners, sectoral experts, policy
advocates, government stakeholders, and international organizations.
ANNUAL REPORT 2018-2019 Smt. Rama Devi, President of Association of Lady Entrepreneurs of India (ALEAP); and Vice
President of SAWDF Chapter India highlighted ALEAP’s aim to empower women through
trade and technology. She elaborated on their Green Industrial Park (GIP) initiative, a
project that has been operating in many Indian states, providing women with not only
employment but also opportunities to further their entrepreneurial dreams. In countries
where land is primarily owned by men, women face difficulty in accessing finance without
any collateral. The GIP addresses this particular issue by providing properties to women in
their names which enable them to retrieve a finance of up to Rs. 2 crores. Among various
other benefits presented, Smt. Rama Devi highlighted that the GIP, with its green products
and services, provides entrepreneurs with various tax exemption privileges and further
encourages them into export businesses. Sharing the success stories of GIP, Smt. Rama
Devi urged the audience to look into the possibilities of replicating this project in their
respective countries.
“I hope trade brings us to together; trade brings us real economic empowerment”
Dr. P. Jyothi Rao, Vice President of ALEAP shared her experiences of Indian women
entrepreneurship scenario with Rt. Honorable Vice President of the Federal Democratic
Republic of Nepal, Shri. Nanda Bahadur Pun in presence of dignitaries of International
Women Entrepreneurs Summit on 4’th September, 2018 at Kathmandu, Nepal.
During the valedictory session of International Women Entrepreneur Summit-2018 on 5’th
September, a letter of Exchange has been signed by Smt. K. Rama Devi, President of
Association of Lady Entrepreneurs of India (ALEAP), Ms. Pramila Acharya Rijal, President of
South Asian Women Development Forum (SWADF) and Dr. Hashim Hussein, Head, United
Nations Industrial Development Organization - Investment and Technology Promotion Office
(UNIDO- ITPO).
3 day visit to Women Industrial Park and B2B between ALEAP and AWCCI!
Afghanistan Women’s Chamber of Commerce and Industry (AWCCI) have sent a delegation of 10 women entrepreneurs to Hyderabad to meet ALEAP with the following objectives for a period of three days:
1. Learn how you are running the Women Industrial Park
2. What kind of businesses are run by women
3. Afghan women entrepreneurs to meet their Indian counterparts and explore doing business together.
A 3 day interactive session with Afghanistan Women’s Chamber of Commerce and Industry (AWCCI) was organized by ALEAP from 08th to 10th August, 2018 at ALEAP Industrial estate, Hyderabad. Smt. K. Rama Devi, President, ALEAP, Dr. Radhika Meenakshi, Chief Mentor, AIC ALEAP We-Hub along with other women entrepreneurs of ALEAP have interacted with the AWCCI team about the possibilities of exploring business opportunities. The team came up with interesting features like warehouse, Legal structure online marketing wing and crèche facilities.
ANNUAL REPORT 2018-2019 ALEAP CREDIT GUARANTEE ASSOCIATION
INTRODUCTION:
ALEAP CREDIT GUARANTEE ASSOCIATION (ACGA) came into existence as a well thought
out innovation to help smooth flow of credit to the MSME sector and to provide safety net to
both MSME Entrepreneurs and financing banks in the form of credit guarantee and financial
discipline.
MAIN OBJECTIVES OF ALEAP CREDIT GUARANTEE ASSOCIATION (ACGA)
Assisting the budding entrepreneurs in their project preparation.
Educating them in understanding the back ward and forward linkages that are
required for their enterprises.
Preliminary market survey, likely competition for their proposed products, services,
etc.
Mapping market potential vis-à-vis project investment.
Educating them in studying and understanding the technical feasibility and economic
viability.
Understanding the financial management, studying financial statements like profit &
loss account statement, balance sheet, cash flow statement, etc.
Forwarding the entrepreneur’s project report along with our detailed
recommendation letter to the bank for sanction of loans and continuous follow up till
loan sanction is accorded/ loan is approved.
Providing assistance in successful running of their enterprises and extending hand
holding support to them at various stages in required areas.
Few Members who have availed financial assistance during the year 2018-19 are:
Mrs. Kankamedala Lakshmi Samrajyam, Proprietor of M/s. Sree Amukta Garments, got sanctioned with Rs. 25,00,000/- under MSME Stand-Up India Scheme for manufacturing of readymade garments.
Ms. Sujatha, Proprietor of M/s. Akshaya Industries got sanctioned with Rs. 25,00,000/- under MSME Stand-Up India Scheme for food processing.
Ms. Manjula, Proprietor of M/s. Sparklean got sanctioned with Rs. 19,00,000/- under MSME Stand-Up India Scheme for dry cleaning and complete laundry solutions.s
CENTRE FOR ENTREPRENEURSHIP DEVELOPMENT (CED)
Centre for Entrepreneurship Development (CED), an ISO certified institution was established
in 1997 by the Association of Lady Entrepreneurs of India (Formerly known as ALEAP) to
create passion and to stimulate entrepreneurial spirits and skills among women and youth
to create new Mirco, Small & Medium enterprises. The Centre, having completed 18 years,
provides seamless service in promoting entrepreneurship and in providing a pro-business
environment to foster the progress of MSMEs towards success and prosperity. It is
registered under Societies Act for providing training and development of Mirco, Small &
Medium enterprises.
ANNUAL REPORT 2018-2019 CED has various milestones in its road travelled as a pioneering institute in the field of
Entrepreneurship Development, supporting the MSME sector which is the growth engine of
the economy extending a wide range of services including hand-holding, motivating and
mentoring.
CED has completed 34 training programs by imparting training to 2005 participants for the
year 2018-19.
FOLLOWING PROGRAMS WERE CONDUCTED DURING 2018-2019
SL. No.
Sponsored By Programme Name Number of
Programmes Conducted
Number of Participants
Trained
1 National Science & Technology Entrepreneurship Development Board (NSTEDB)
Entrepreneurship Awareness Camp (EAC) 15 1400
2 National Science & Technology Entrepreneurship Development Board (NSTEDB)
Women Entrepreneurship Development Programme (WEDP) 05 126
3 National Science & Technology Entrepreneurship Development Board (NSTEDB)
Faculty Development Programme (FDP) 03 69
4 MANAGE-CED-A.P Agri-Clinics&Agribusiness
Programme 02 60
5 Self Entrepreneurship Development
programme 03 109
6 TPCDT Industrial garment training
programme 02 50
7 CANARA BANK Jute articles manufacturing
training programme 01 21
8
Montessorie Mahila Kalashala,Vijayawada,
Krishna Dt. (A.P.)
Fostering Entrepreneurial pursuits in Youth 01 120
9 Self
Training Programme under soaps detergents at CED campus for women
01 25
10
Self
Training programme on sauce ,soaps and detergents manufacturing at Air Force Academy,Dundigal
01 25
11 Self
Exhibition of ALEAP members at Airforce Academy
The details of the above programs are as follows:
1. Entrepreneurship Awareness Camp (EAC):
Each Camp is of 3 days duration, conducted with an aim to create awareness among
students about various facets of entrepreneurship while highlighting its merits in pursuing
ANNUAL REPORT 2018-2019 entrepreneurship as a career option. In each EAC, about 80 students of science streams are
exposed to different aspects of entrepreneurship, including opportunity guidance, services
offered by agencies of entrepreneurial eco- system. A visit to the industries located in the
region is also arranged to bring the students in direct contact with practicing entrepreneurs.
The objective of this programme is to motivate faculty and students of Engineering and
Science courses towards entrepreneurship and explore as an alternative career option.
Science and Technology graduate/diploma holders or those who are doing their final year
diploma/degree in engineering/technology/science studies are only targeted.
2. Women Entrepreneurship Development Programme (WEDP):
A Women Entrepreneurship Development Programme (WEDP) is of 4 weeks duration and
aims at training the Science and Technology graduates or diploma holder. The programme
content includes class room training on essentials of entrepreneurship survey of the
prevalent socio - economic scenario, identification of business opportunities, role and
function as well as schemes of assistance offered by various constituents of the support
system, preparation of a technically feasible and economically viable project report,
Achievement Motivation Training and also the nuances of management of an enterprise.
Sessions on technology and finance are also arranged, depending upon the nature of project
selected.
3. Faculty Development Programme (FDP):
Faculty Development Programme (FDP) is a 2 weeks programme, which aims at equipping
teachers with skills and knowledge that are essential for inculcating entrepreneurial values
in students and guiding and monitoring their progress towards entrepreneurial career. The
target participants for this programme are Teachers of Science & Technology
Colleges/Institutions/Universities and persons from the organisation engaged in
entrepreneurship development.
4. MANAGE –ACABC PROGRAM:Vijayawada,A.P
SL. No.
Sponsored By
Programme Name
Number of
Programmes Conducted
Number of
Participants Trained
1 MANAGE
Agri Clinics & Agri Business Centre (AC &ABC) Training Programmes
2 60
Centre for Entrepreneurship Development (CED) is a Nodal Training Institute for the Agri-
clinics & Agri-business Centers Scheme sponsored by MANAGE, Ministry of Agriculture,
Govt. of India. The objective of the AC & ABC programme is to supplement efforts of public
extension by necessarily providing extension and other services to the farmers on payment
basis or free of cost as per business model of Agripreneur, local needs and affordability of
target group of farmers, to support agricultural development; and to create gainful self-
ANNUAL REPORT 2018-2019 employment opportunities to unemployed agricultural graduates, agricultural diploma
holders, intermediate in agriculture and biological science graduates with PG in agri-related
courses. This is a two months residential programme which consists of many exposure visits
aiming to transform persons qualified in the field of agriculture and allied sectors into agri-
entrepreneurs. It is an intensive capacity building effort by the NTI faculty in association
with locally available experts and successful agri-entrepreneurs.
5. Self Entrepreneurship Development Programme (EDP):
CED also conducts Self EDP, where participants pay their fee and undertake the 12 days
EDP programme. The objective of this programme is to inculcate entrepreneurship skill
through class room activities and industrial visit. The participants are given training and
information pertaining to entrepreneurship. The sessions are handled by experts from
different fields which promote and augment entrepreneurial spirit. Information regarding
government policies and banking schemes, new technological advances and skills required
to start a business is the main focus. The target audience are from any age group, any
gender irrespective of any specific educational background.
6. SkillTraining Programme:
CED&ALEAP India conducted Industrial garment training to women at Krishnapatnam.
Nellore,A.P sponsored by TATA Projects Community Development Trust(TPCDT).
SLNo: Sponsored By Programme
Name
Number of Programmes Conducted
Number of Participants
Trained
1 TPCDT Industrial garment training programme
2 50
7. Training Programme:
CED&ALEAP India conducted Jute articles manufacturing training was to parents of
intellectually disabled children of NIEPID at NIEPID sponsored by CANARA BANK.
SLNo: Sponsored By Programme
Name
Number of Programmes Conducted
Number of Participants
Trained
1 CANARA BANK Jute articles manufacturing training programme
1 21
8. EAC Programme conducted outside CED campus:
ANNUAL REPORT 2018-2019 CED conducts paid programs for students of educational institutions according to their
requirements for promoting entrepreneurship.
SLNo: Sponsored By Programme
Name
Number of Programmes Conducted
Number of Participants
Trained
1 Montessorie Mahila
Kalashala,Vijayawada,
Krishna Dt. (A.P.)
Fostering Entrepreneurial pursuits in Youth
01 120
9. ESDP TRAINING PROGRAMME UNDER SOAPS DETERGENTS AT CED CAMPUS FOR
WOMEN-1 BATCH
The skill training programme was conducted at CED from 03.09.2018 to 07.09.2018 for
25 participants
10. ESDP TRAINING PROGRAMME AT AFWWA FOR WOMEN-1 BATCH
CED conducted the skill training programme for the wives of officers of AIR FORCE ACADEMY.
11. EXHIBITION CONDUCTED AT AFWWA CED-ALEAP India in association with the AIR FORCE ACADEMY organized the exhibition for ALEAP members.
ATAL INCUBATION CENTRE ALEAP WOMEN ENTREPRENEURS HUB
(AIC ALEAP WE HUB)
“Entrepreneurship with Mind & Heart”
The foundation stone of ALEAP We-Hub was laid by Sri. K. Taraka Rama Rao, Hon’ble
Minister for IT, MA & UD, Govt. of Telangana on 14/07/2017 at ALEAP APJ Abdul Kalam
Industrial Estate Nandigama.
ALEAP is sanctioned with the prestigious grant from Atal Incubation Mission (AIM), NITI
Aayog, Government of India under Established Incubation Centre (EIC) for scaling up of its
existing incubation centre i.e., ATAL INCUBATION CENTRE ALEAP WOMEN ENTREPRENEURS
HUB (AIC ALEAP We-Hub). The aim of AIC ALEAP We-Hub is to build world class multi sector
incubator infrastructure for encouraging innovation and entrepreneurship for start-up
ecosystem under single roof in the 10,000 sq.ft. area at ALEAP Industrial Estate,
Gajularamaram, Pragathi Nagar, Kukatpally, Hyderabad.
AIC ALEAP We-Hub is providing the state-of-the-art technology and infrastructure to
support innovation and incubation in various fields such as Biodegradable Technologies,
Biotechnology, Electronics, Food Processing, IT & ITES, Plastic, Solar Power, Textiles &
ANNUAL REPORT 2018-2019 Garmenting, 3D Printing, Robotics etc. There is availability of advanced machinery to foster
young enthusiastic entrepreneurs in the country.
THE FOLLOWING WERE EVENTS/TRAINING PROGRAMS CONDUCTED DURING THE YEAR 2018-2019
S No
Name of the Program
Date of the Program
No. of Participants Description
1
Innovative Technologies for Start Ups
27.10.2018
126
First Awareness Program on “Innovative Technologies for Start Ups” has been organised for start-ups at Conference Hall ALEAP Industrial Estate, Pragathi Nagar, Hyderabad with the eminent speakers from:
Dr. H Purushotham, Chairman and Managing Director, National Research Development Corporation (NRDC), New Delhi
Mr. D V Sai Surendra,Business Development, Central Institute of Plastics Engineering & Technology (CIPET),Hyderabad
Mr. L Prashanth, Proprietor, M/s Bamboo House India, Hyderabad Brigadier P Ganesham, VSM (Retd)Founder President, M/s Palle Srujana, Hyderabad
2
Product India Exhibition 2018
03.11.2018 to 05.11.2018
150
As one of the Outreach Event for creation of awareness about the innovation, AIC ALEAP We-HUB has put up two stalls in the Product India Exhibition 2018 conducted at Sesha Sai Kalyana Mandapam, Benz Circle, Vijayawada, AP
3
Screening Committee
Meeting 24.12.2018
49
First Screening Committee for selection of innovative Startups for incubation has been organised at The Tourism Plaza Hotel, Hyderabad. Out of the total participants, only 19 innovative startups were got selected by the panel of screening committee:
Sri Jayesh Rajan, IAS,Principal Secretary, Industries & Commerce (I&C) Department, & Information Technology, Electronics and Communications (ITE&C) Department, Government of Telangana, Hyderabad
Mrs. K Rama Devi, President, ALEAP Mrs. Deepanwita Chattopadhyay, Chairman & CEO, IKP
Knowledge Park, Hyderabad Ms Shobha Dixit, Chairperson CII(Confederation Of Indian
Industry) IWN Hyderabad Prof. Nirmala Apsingikar, Director General, ASCI(Administrative
Staff College of India), Hyderabad Sri V R Sirsath, Deputy Director, MSME –Development Institute,
Hyderabad A very interesting innovative projects we're pitched with lots of
ANNUAL REPORT 2018-2019
enthusiasm and passion among entrepreneur was seen. Few Managing Committee Members of ALEAP along with ED, CED ALEAP were participated in the screening.
4
Workshop on IPR Adoption among MSMEs
07.01.2019 to
08.01.2019
28
The workshop on IPR Adoption among MSMEs has been organised at conference hall, ALEAP Industrial Estate, Gajularamaram, Pragathi Nagar, Kukatpally, Hyderabad. The sessions of the workshop were on how to file a Patent, Trademark, Service & Collective marks, Industrial designs, Copyright and GIs. This workshop has also explained in detailed about the process of online filing systems of Patents, Trademarks and copyrights, Industrial designs and GIs as per the guidelines.
5
Inauguration of Biotechnology Unit of AIC ALEAP WE-Hub & International Women’s Day
06-03-2019
78
On the occasion of International Women’s Day, AIC ALEAP WE-Hub has inaugurated the Biotechnology Unit of Atal Incubation Centre ALEAP We-Hub at ALEAP Industrial Estate, Gajularamaram, Pragathi Nagar, Hyderabad by
The Chief Guest - Ms. Katherine Hadda, Consul General, The U.S. Consulate General, Hyderabad &
The Guest of Honour - Ms. Naina Jaiswal, Successful Sports Star, Table Tennis Player, National and International Champion, Hyderabad, India
“International Women’s Day is celebrated every year on March 8, recognizing and appreciating women’s political, economic and social achievements over the decades and the achievement of women and strength to fight with whatever comes in her way. AIC ALEAP We-Hub has also honoured few “SHE ACHIEVERS” during the occassion:
Ms. Ragini Ravipati – Director, Mesmara Botanics Pvt. Ltd. Ms. Jella Paavani, Director, VIE Foods Private Limited Ms. Shaik Ghousiya Begum, Artisan, M/s. Udayagiri Wooden
Cutlery (Social Entrepreneur)
6
3 day workshop on exposure visits to BIRAC, NIFTEM, PU-NABI cluster
18.03.2019 to 20.03.2019
24
On the occasion of Biotechnology Industry Research Assistance Council - BIRAC’s Foundation Day celebrations our AIC ALEAP We-Hub startups along with other enthusiastic startups and international delegates has been taken to the exposure visit to following institutions for Knowhow, Networking, Mentorship and Technology Transfer:
PU-NABI cluster, Mohali, Chandigarh & National Institute of Food Technology Entrepreneurship and
Management (NIFTEM), Sonipat
ANNUAL REPORT 2018-2019
7
MEET DA FIRST DUCK
22.03.2019
18
Mentor action program has been organised at ALEAP Industrial Estate, Gajularamaram, Pragathi Nagar, Kukatpally, Hyderabad to the start-ups of AIC ALEAP We-Hub on importance of Mentor's, their Introduction, case studies of mentors with different startups, experiences and successful outcomes by
Mr. Bhubesh Kumar, Director, Food & Agri division, RICH, Hyderabad
Dr Sunita B Jones, Toxicologist Specialist consultant in Intellectual Property and buisness startups Allumnus of Stanford Medical School
8
Inventions & Innovations for Enthusiastic start-ups in Food & Life Sciences sectors and MSME’s
26-03-2019
83
Awareness Program on “Inventions & Innovations for Enthusiastic start-ups in Food & Life Sciences sectors and MSME’s” has been organised at The Kay Hotel, Vijayawada, A.P with the following eminent speakers:
Sri Chukka Kondaih, OSD, APSSDC, AP
Ms. Smita Kale, PhD, Associate Manager – Incubation,
Venture Centre, Pune
Dr. B. DINESH KUMAR, Scientist 'G' &HoD, Drug Toxicology
Division, Scientist G, National Institute of Nutrition (NIN)
Hyderabad
Sri Raj Kamal, Deputy Manager, NSIC Ltd. Vijayawada
Mr. M V N Pavan Kumar, Marketing Manager – Exports,
Best Engineering Technologies Hyderabad
Dr.MalobikaKaranjai, Scientist-F, Centre for Nano
Materials, International Advanced Research Centre for
Powder Metallurgy and New Materials (ARCI), Post
Balapur, Hyderabad
Dr. Uma Talasila, Director, UVITA Foods & Beverages
PVT.LTD, Hyderabad
Mr. Vikram Sankaranarayanan, Director, Borne
Technologies Pvt. Ltd., Coimbatore
Dr Zahoorullah S MD, Incubation Manager, Atal Incubation
Centre ALEAP We-Hub
ANNUAL REPORT 2018-2019
9
Training Program on “Opportunities in Food Processing, Licensing and regulations” - FSSAI
27.03.2019
31
Training program on “Opportunities in Food Processing, Licensing and regulations” - FSSAI was conducted at CED Building, ALEAP Industrial Estate, Gajularamaram, Pragathi Nagar, Kukatpally, Hyderabad to understand the rules & regulations related to application procedures, importance of food processing licensing and FSSAI approvals for startups in food processing sector.
Memorandum of Understanding (MOUs)
S No Date of MoU Name of Organisation
1 14.08.2018
Research and Innovation Circle of Hyderabad
(RICH), T-Hub, International Institute of Information Technology, Gachibowli, Hyderabad, Telangana – 500 032,
2 17.08.2018
Indian Institute of Food Processing Technology (IIFPT) Pudukkottai Road, Thanjavur - 613 005, Tamil Nadu
3 04.09.2018
Biotechnology Industry Research Assistance Council (BIRAC) (A Government of India Enterprise) 1st Floor, MTNL Building ,9 , CGO Complex, Lodhi Road, New Delhi-110003
4 06.09.2018 National Institute of Food Technology Entrepreneurship and Management (NIFTEM),Kundli,Sonapet,Haryana
5 12.09.2018 The International Crops Research Institute for the Semi-Arid-Tropics (ICRISAT) headquartered at Patancheru 502 324, Hyderabad, Telangana
6 16.10.2018
National Research Development Corporation (NRDC) ‘Anusandhan Vikas’, 2022, Zamroodpur Community Centre, Kailash Colony Extension, New Delhi - 110048
7 27.10.2018 Guru Nanak Institutions, Khanapur village, Ibrahimpatnam Mandal, R.R. District, Hyderabad
8 22.12.2018
Gokaraju Rangaraju Institute of Engineering & Technology,
Nizampet Road, Bachupally, Kukatpally, Hyderabad- 500090, Telangana State, India.
9 24.12.2018
Avanthi Educational Society 3-4-875/A/1, Barkatpura Bus Depot Road Barkatpura, Hyderabad 500027
ANNUAL REPORT 2018-2019
10 19-02-2019 Anurag Group of Institutions Venkatapur, Ghatkesar, Medchal District, Hyderabad - 500 088
11 28-03-2019 Vidya Jyothi Institute of Technology Aziznagar Gate, Chilkur Balaji Road, Hyderabad – 500075, Telangana, India
12 29-03-2019
Potti Sriramulu Chalavadi Mallikharjuna Rao (PSCMR) College of Engineering & Technology 7-3-6/1, Raghavareddy Street, Kothapeta, Vijayawada-520001 Andhra Pradesh, India
13 30-03-2019 Maris Stella College NH 16 Service Road, Beside LEPL ICON, RTC Colony, Benz Circle, Vijayawada, Andhra Pradesh 520008
14 30-03-2019
ST. XAVIERS PG COLLEGE, Survey No: 155 & 156, Gopanapally, Near Back Gate of HCU, Serilingampally, Hyderabad, Telangana, 500107, India.
Women Entrepreneur International Trade & Technology Hub (WITH)
WITH - A One Stop Center for promotion of Intra regional trade potentials in the SAARC region.
Commissioned by:
• ALEAP (Association of Lady Entrepreneurs of India) in collaboration with SAWDF
(South Asian Women Development Forum) and Government of India.
• ALEAP formed in 1993 for promoting economic empowerment among women.
• SAWDF formed for socio economic development among member countries.
Beneficiaries:
• Women Entrepreneurs of SAARC & ASEAN countries
Mission
To foster inclusive and sustainable economic growth through trade & technology.
Vision
To create a global village for women entrepreneurs of SAARC & ASEAN countries to market
their manufactured products by exploring trade opportunities and encouraging cross country
business with arrayed methodology.
ANNUAL REPORT 2018-2019 AIM
Aims to improve small business export success in developing countries by providing,
sustainable and inclusive trade development solutions to exporters.
Strengthening e commerce related to international trade, and provides capacity building at
three levels (training, technology transfer, enterprise creation) to assist developing and
transition entrepreneurs to improve the use of trade as a tool for development:.
Training: provides access to information, knowledge transfer and tools that facilitates
access to global markets.
Technology transfer: Transfer of new technology from developed to developing countries
to foster quality production and to boost their economies.
Enterprise creation: to foster a vibrant, innovative and globally competitive private sector
that offers a more diverse array of products and services in sectors that promote job
creation and sustainability.
Networking: Networking with women chambers & associations for business development.
CORE AREAS
1. Biotechnology & Life Sciences
2. Agro Processing & Food Processing
3. Information, IT & AI
4. Textiles
5. Electronics & Engineering
6. Handicrafts
7. Environment Friendly Products
ROLE OF WITH
• Establish a common platform for training, workshops, catalogue exhibitions,
exhibition of equipment, showcase of products.
• Value addition and overall development of the product.
• Export, import, certifications, licenses for goods & services - related to trade
• Incubation facility in the area of life sciences which includes biotechnology,
agriculture and pharma sectors.
• Certificate of origin.
ANNUAL REPORT 2018-2019 ALEIZONE
ALIEZONE is an exclusive e-business marketplace that is geared towards promoting women
entrepreneurs and giving them a platform to market their products. Although there have
been several initiatives launched by Central and State Govts as well as private players and
NGOs, it is an undeniable fact that the true potential of the Indian woman’s skills and
creativity is largely untapped.
The mission of ALIEZONE is to:
• Empower Indian women, especially from the rural and the semi-urban areas, to be
financially independent.
• Give a platform to the woman led Indian businesses, with minimal effort on their
part.
• Help Indian women entrepreneurs bring their products to the market in a seamless
and hassle-free manner.
• Expose the talent of the Indian women innovators and entrepreneurs in the
international arena.
• Give international exposure to the Indian women-led enterprises.
• Put the women entrepreneurs in direct contact with the end-user – without the
interference of middle men.
Some of the product lines we have marketed:
• Agri Products – honey,
• Food and beverages – spices, pickles (made with organic products)
• Apparel – made using natural fabrics like cotton and jute, designed and
manufactured in women led businesses that hire predominantly skilled women.
• Luggage and Handbags – Jute and fabric based
• Home décor – Statues, wall décor, paintings, rugs, photo-frames, office stationary,
storage boxes
• Furniture – Patio and Garden
• Home Linen – stitched, block-prints, woven by women and marketed by woman led
businesses
• Fashion Accessories – Jute, terracotta, fabric thread work, bead work etc. all made
by skilled woman artisans
• Skin and Beauty Care – paraben free, ethical, not tested on animals, made with
organic ingredients
• Solar Products
• Appliances & Consumer Electronics
ANNUAL REPORT 2018-2019
DIVIDEND:
As the Company being Section 8 Company, the declaration of dividend is not applicable.
STATUTORY AUDITOR & AUDIT REPORT:
M/s. Nataraja Iyer & Co, Chartered Accountants, Hyderabad (Firm Registration No.
002413S), retire at the conclusion of the ensuing Annual General Meeting and being eligible
offered themselves for re-appointment. Your Board recommends the Re-appointment of
M/s Nataraja Iyer & Co as the Statutory Auditors of the Company, for another period of five
years.
The Company has received letter from them to the effect that their appointment if made
would be within the prescribed limit as provided under the Companies Act, 2013.
DEPOSITS
The Company is Section 8 Company. The Company has not accepted any deposits pursuant to the provisions of the Act.
CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNINGS AND OUT GO -NIL
CORPORATE SOCIAL RESPONSIBILITY:
The Company is not required to constitute a Corporate Social Responsibility Committee as it does not fall within purview of Section 135(1) of the Companies Act, 2013 and hence it is not required to formulate policy on corporate social responsibility. However, the company being a Section 8 company, it promotes charitable objects.
DIRECTORS’ RESPONSIBILITY STATEMENT:
Pursuant to the requirement under section 134(3)(C)of the Companies Act, 2013 with respect to Directors’ Responsibility Statement, it is hereby confirmed that:
i. in the preparation of the Annual Accounts for the financial year ended 31st March, 2019, the applicable accounting standards had been followed along with proper explanation relating to material departures;
ii. the directors had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the company as at 31st March, 2019 and of the income and expenditure statement of the company for that period;
iii. the directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 2013 for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities;
iv. the directors had prepared the annual accounts on a going concern basis; and
ANNUAL REPORT 2018-2019
v. the directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.
DECLARATION BY THE INDEPENDENT DIRECTORS:
The provisions of Section 149 for appointment of Independent Directors do not apply to the company.
PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS UNDER SECTION 186:
During the year under review, the Company has not advanced any loans/ given guarantees/ made investments pursuant to section 186 of the Act.
PARTICULARS OF EMPLOYEES:
None of the employee has received remuneration exceeding the limit as stated in rule 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014
EXTRACT OF THE ANNUAL RETURN IN FORM MGT-9:
Pursuant to section 92(3) of the Companies Act, 2013 and Rule 12(1) of the Companies (Management and Administration) Rules, 2014 , the extract of Annual Return is attached as Annexure-A
RELATED PARTY TRANSACTIONS:
Pursuant to clause (h) of sub-section (3) of section 134 of the Act and Rule 8(2) of the Companies (Accounts) Rules, 2014
Particulars of contracts or arrangements with related parties during the year referred to in sub-section (1) of section 188 in Form–AOC-2 is attached as Annexure-B.
ACKNOWLEDGMENT
Your Directors take this opportunity to place on record their appreciation and sincere gratitude to the Government of India, Government of Telangana and Andhra Pradesh, and the Bankers to the Company for their valuable support and look forward to their continued co-operation in the years to come.
Your Directors acknowledge the support and co-operation received from the employees and all those who have helped in the day to day management.
Place: Hyderabad By order of the Board of Directors Date: 11.09.2019 For Association of Lady Entrepreneurs of India
SD/- K. RAMA DEVI (DIRECTOR & PRESIDENT) DIN - 01571458
ANNUAL REPORT 2018-2019 Annexure-A
FORM No.MGT-9
EXTRACT OF ANNUAL RETURN AS ON THE FINANCIAL YEAR ENDED ON 31.03.2019
[Pursuant to section 92(3) of the Companies Act, 2013 and rule12(1) of the Companies (Management and Administration) Rules, 2014]
I. REGISTRATION AND OTHER DETAILS:
i. CIN U99999TG1994NPL017022
ii. Registration Date 14/02/1994
iii. Name of the Company ASSOCIATION OF LADY ENTREPRENEURS OF INDIA
iv. Category/Sub-Category of the Company
Company Limited by Guarantee/ Company licenses under Section 8 (25 of 1956 Act)
v. Address of the Registered office and contact details
D NO. 8-2-120/86/9/A/30, ROAD NO. 2
BANJARA HILLS HYDERABAD, TG 500034 IN
vi. Whether listed company NO
vii. Name, Address and Contact details of Registrar and Transfer Agent, if any
NOT APPLICABLE
II PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY:
The Company being a Section 8 Company and hence not applicable
All the business activities contributing 10% or more of the total turnover of the company shall be stated:-
Sr.No.
Name and Description of main products/ services
NIC Code of the Product/
service
% to total turnover of the company
1 Services of Membership Organization
Services to Women Entrepreneurs
99959950
89,90,971.00
ANNUAL REPORT 2018-2019 III PARTICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES:
Sr. No.
Name And Address Of The Company
CIN/GLN Holding/ Subsidiary
/Associate
%of
shares held
Applicable
Section
1. NIL
2. NIL
IV SHARE HOLDING PATTERN (Equity Share Capital Breakup as percentage of Total Equity):
The Company being a guarantee company registered under section 8 (25 of the Companies Act, 1956)
NIL
IV SHARE HOLDING PATTERN (Equity Share Capital Breakup as percentage of Total Equity):
The Company being a Guarantee company registered under Section 8 (25 of Companies Act, 1956)
NIL
i. Category-wise Shareholding
Category of
Shareholders
No. of Shares held at the beginning of the year
No. of Shares held at the end of the year
% Change during the year
Demat Physical Total % of Total Shares
Dem at
Physical Total % of Total Shares
A. Promoter
1) Indian NIL
a) Individual/ HUF
b) Central Govt
c) State Govt(s)
d) Bodies Corp
e) Banks / FI
ANNUAL REPORT 2018-2019
f) Any Other
Sub-total(A)(1):-
2) Foreign NIL
g) NRIs-Individuals
h) Other-Individuals
i) Bodies Corp.
j) Banks / FI
k) Any Other….
Sub-total(A)(2):-
B. Public Shareholding
NIL
1. Institutions NIL
a) Mutual Funds
b) Banks / FI
c) Central Govt
d) State Govt(s)
e) Venture Capital Funds
f) Insurance Companies
g) FIIs
h) Foreign Venture Capital Funds
i) Others (specify)
Sub-total(B)(1)
2. Non Institutions
a) Bodies Corp.
ANNUAL REPORT 2018-2019
(i) Indian
(ii) Overseas
b) Individuals
(i)Individual shareholders holding nominal share capital upto Rs. 1 lakh
(ii)Individual shareholders holding nominal share capital in excess of Rs 1 lakh
c) Others(Specify)
Sub-total(B)(2)
Total Public Shareholding (B)=(B)(1)+ (B)(2)
C. Shares held by
Custodian for GDRs & ADRs
Grand Total
(A+B+C)
NIL
ii. Share holding of Promoters: NIL
Sr. No
Shareholder’s Name
Shareholding at the beginning of the year
Shareholding at the end of the year
No. of Shares
% of total Shares of the company
%of Shares Pledged / encumbe red to total shares
No. of Shares
% of total Shares of the company
%of Shares Pledged / encumbe red to total shares
% change in share holding during the year
1.
2.
3.
ANNUAL REPORT 2018-2019
Total NIL
iii. Change in Promoters’ Shareholding (please specify, if there is no change: NIL
Sr. no
Shareholding at the beginning of the year
Cumulative Shareholding during the year
No. of shares
% of total shares of the company
No. of shares
% of total shares of the company
At the beginning of the year
NIL
Date wise Increase /
Decrease in Promoters Share holding during the year specifying the reasons for increase
/ decrease (e.g. allotment / transfer / bonus/ sweat equity etc):
NIL
At the End of the year NIL
V. INDEBTEDNESS:
Indebtedness of the Company including interest outstanding/accrued but not due for
payment
Secured
Loans
excluding
deposits
Unsecured
Loans
Deposits Total
Indebtedness
ANNUAL REPORT 2018-2019
Indebtedness at the
beginning of the financial
year
i) Principal Amount
ii) Interest due but not paid
iii) Interest accrued but not
--
0
0
--
--
--
--
--
--
--
--
--
Total (i+ii+iii) 0 -- -- --
Change in Indebtedness during the financial year
- Addition - Reduction
0
0
--
--
--
--
--
--
--
--
0
Net Change 0 -- -- --
Indebtedness at the end of the financial year
i) Principal Amount
ii) Interest due but not paid
iii) Interest accrued but not
due
0
0
0
--
--
--
--
--
--
--
--
--
Total (i+ii+iii) 0 -- -- --
VI. REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL: NIL
A. Remuneration to Managing Director,Whole-time Directors and/or Manager: NIL
B. Remuneration to other directors: NIL
C. Remuneration to Key Managerial Personnel Other Than MD/Manager/WTD: NIL
No remuneration is being taken by any management committee members of the company.
ANNUAL REPORT 2018-2019
VII. PENALTIES / PUNISHMENT/ COMPOUNDING OF OFFENCES:
Type Section of
the
companies
Act
Brief
description
Details of
Penalty/
Punishment/
Compounding
fees imposed
Authority
[RD/NCLT/
Court]
Appeal
made. If
any(give
details)
A. Company NIL
Penalty
Punishment
Compounding
B. Directors NIL
Penalty
Punishment
Compounding
C. Other Officers In Default NIL
Penalty
Punishment
Compounding
ANNUAL REPORT 2018-2019 Annexure-B
FORM NO. AOC-2
(Pursuant to clause (h) of sub-section (3) of section 134 of the Act and Rule 8(2)
of the Companies (Accounts) Rules, 2014)
Form for disclosure of particulars of contracts/arrangements entered into by the
company with related parties referred to in sub-section (1) of section 188 of the
Companies Act, 2013 including certain arms length transactions under third proviso
thereto.
1. Details of contracts or arrangements or transactions not at arm’s length basis
(a) Name(s) of the related party and nature of relationship: NIL
(b) Nature of contracts/arrangements/transactions: NIL
(c) Duration of the contracts / arrangements/transactions: NIL
(d) Salient terms of the contracts or arrangements or transactions including the value, if
any: NIL
(e) Justification for entering into such contracts or arrangements or transactions:
(f) Date(s) of approval by the Board: NIL
(g) Amount paid as advances, if any: NIL
(h) Date on which the special resolution was passed in general meeting as required under
first proviso to section 188: NIL
2. Details of material contracts or arrangement or transactions at arm’s length
basis
1. Centre for Entrepreneurship Development
(a) Name(s) of the related party and nature of relationship: Centre for Entrepreneurship
Development (few are Common Governing Body Members)
(b) Nature of contracts/arrangements/transactions:
i) Service fees for Garment training program with TATA Trust
ii) Reimbursement of Land cost
(c) Duration of the contracts / arrangements/transactions: One time
(d) Salient terms of the contracts or arrangements or transactions including the value, if
any:
i) Paid service fees for Garment training program with TATA Trust for an amount of
Rs. 4,50,000/-
ANNUAL REPORT 2018-2019 ii) Cost of Plot of Rs. 40,000/- proposed to be allotted earlier, since not allotted
returned during the year.
(e) Date(s) of approval by the Board (Managing Committee), if any: 24.09.2018
(f) Amount paid as advances, if any: NIL
2. ALEAP Credit Guarantee Association
(a) Name(s) of the related party and nature of relationship:
ALEAP Credit Guarantee Association (few are Common Governing Body Members)
(b) Nature of contracts/arrangements/transactions:
Payment made towards professional charges /Audit fees for the year 2017-18
(c) Duration of the contracts / arrangements/transactions: One Time
(c) Salient terms of the contracts or arrangements or transactions including the value, if
any: Mention the value then written off for reasons
Advance for expenses is written off Rs. 6,000/-.
(d) Date(s) of approval by the Board (Managing Committee), if any: 05.02.2019
(f) Amount paid as advances, if any: Rs. 6,000/-.
By order of the Board of Directors For Association of Lady Entrepreneurs of India
SD/- K. RAMA DEVI (DIRECTOR & PRESIDENT) DIN - 01571458
INDEPENDENT AUDITOR’S REPORT
To the Members of
ASSOCIATION OF LADY ENTREPRENEURS OF INDIA
Report on the Audit of the Standalone Financial Statements
Opinion
We have audited the standalone financial statements of ASSOCIATION OF LADY
ENTREPRENEURS OF INDIA (“the Association”), which comprise the Balance Sheet as at 31st
March 2019, the statement of Income and Expenditure and cash flow statement for the year then
ended, and notes to the financial statements, including a summary of significant accounting
policies and other explanatory information.
In our opinion and to the best of our information and according to the explanations given to us,
the aforesaid standalone financial statements give the information required by the Companies
Act, 2013 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 Association as at
March 31, 2019, and its excess of Expenditure over income, and its cash flows 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) of the Companies Act, 2013. Our responsibilities under those Standards are
further described in the Auditor’s Responsibilities for the Audit of the Financial Statements
section of our report. We are independent of the Association 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 thereunder, 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 Association’s Managing Committee is responsible for the preparation of the other
information. The other information comprises the information included Board’s Report including
Annexures to Board’s Report, but does not include the standalone financial statements and our
auditor’s report thereon.
Our 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 other information and, in doing so, consider whether the other information is materially
inconsistent with the standalone financial statements or our knowledge obtained during the course of our audit or otherwise appears to be materially misstated. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Responsibilities of Management and Those Charged with Governance for the Standalone Financial Statements The Association’s Managing Committee is responsible for the matters stated in section 134(5) of the Companies Act, 2013 (“the Act”) with respect to the preparation of these standalone financial statements that give a true and fair view of the financial position, financial performance, and cash flows of the Association in accordance with the accounting principles generally accepted in India, including the accounting Standards specified under section 133 of the Act. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Association 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, the Managing Committee is responsible for assessing the Association’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Managing Committee either intends to liquidate the Association or to cease operations, or has no realistic alternative but to do so. Those Managing Committee Members are also responsible for overseeing the Association’s financial reporting process. Auditor’s Responsibilities for the Audit of the Financial Statements Our 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 can 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 judgment and maintain professional skepticism throughout the audit. We also:
• 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)(i) of the
Companies Act, 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 Association’s ability to
continue as a going concern. If we conclude that a material uncertainty exists, we are required
to draw attention in our auditor’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 Association to cease to continue as a going concern.
• Evaluate the overall presentation, structure and content of the financial statements, including
the disclosures, and whether the financial statements represent the underlying transactions and
events in a 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 ethical 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.
Report on Other Legal and Regulatory Requirements
1. The Companies (Auditor’s Report) Order, 2016 (“the Order”), issued by the Central
Government of India in terms of sub-section (11) of section 143 of the Companies Act, 2013
shall not apply to the Association as per exemption provided under Clause 2(iii) of the order,
hence separate statement on matters referred in para 3 of the order is not furnished.
2. As required by Section 143(3) of the Act, we report that:
a) 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.
(b) In our opinion, proper books of account as required by law have been kept by the
Association so far as it appears from our examination of those books.
(c) The Balance Sheet, the Statement of Income and Expenditure, and the Cash Flow
Statement dealt with by this Report are in agreement with the books of account.
(d) In our opinion, the aforesaid standalone financial statements comply with the Accounting
Standards specified under Section 133 of the Act, read with Rule 7 of the Companies
(Accounts) Rules, 2014 except for subscription from members in arrears and payment of
gratuity to eligible employees which are accounted on cash basis.
(e) In our opinion considering nature of activity, size of operation and organisational
structure of the entity, the Association 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 31st March 2019, based on the
internal control over financial reporting criteria established by the Association
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
(f) With respect to the other matters to 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 our information and according to the explanations given to us:
i. The Association does not have any pending litigations which would impact its
financial position
ii. The Association did not have any long-term contracts including derivative contracts
for which there were any material foreseeable losses.
iii. There were no amounts which were required to be transferred to the Investor
Education and Protection Fund by the Association.
For NATARAJA IYER & CO.
CHARTERED ACCOUNTANTS
Firm Registration No. 002413S
-Sd-
E.Sriranganath
Place: Hyderabad PARTNER
Date : 11.09.2019 Membership No. 013924
BALANCE SHEET AS AT MARCH 31 , 2013
As at As at
Partriculars Notes 31.03.2019 31.03.2018
` `
I EQUITY & LIABILITIES
1 SHARE HOLDERS' FUNDS
a) Share Capital 1 -- --
b) Reserves and Surplus 2 229225103 45838845
2 NON-CURRENT LIABILITIES
a) Other Long Term Liabilities 3 115072907 74118517
3 CURRENT LIABILITIES
a) Other current Liabilities 4 15847063 14707790
b) Short Term provisions 5 1989233 1259556
Total 362134306 135924708
II ASSETS
4 NON CURRENT ASSETS
a) Property, Plant & Equipment
Tangible Assets 6 228164725 39903822
b) Long Term Loans and Advances 7 5026335 4908973
5 CURRENT ASSETS
a) Inventories 8 12009 74034
b) Cash and Cash Equivalents 9 121677968 86397863
c) Short Term Loans and Advances 10 275750 126773
d) Other current Assets 11 6977519 4513243
Total 362134306 135924708
Accounting Policies and Notes on Accounts 17
As per our report attached
For NATARAJA IYER & CO. MEMBERS OF MANAGING COMMITTEE
CHARTERED ACCOUNTANTS
-Sd- -Sd- -Sd-
PARTNER Smt.K.Rama Devi Smt.B.Vijaya Lakshmi
President Vice President
-Sd- -Sd-
Smt.V.Sreedevi Smt.B.Kavitha
Secretary Treasurer
MEMBERS
-Sd- -Sd-
1. N.Swaroopa Rani 2. K.Srimahalakshmi
Hyderabad Hyderabad
Date: 11.09.2019 Date: 11.09.2019
(Formerly Association of Lady Entrepreneurs of Andhra Pradesh)
ASSOCIATION OF LADY ENTREPRENEURS OF INDIA
(Registered Under Section 25 of the Companies Act, 1956)
BALANCE SHEET AS AT MARCH 31 2019
Partriculars Notes 31.03.2019 31.03.2018
` `
I REVENUE FROM OPERATIONS
Revenues from operations 12 8990971 7759612
II OTHER INCOME 13 5523773 7314942
Total 14514744 15074554
III EXPENSES
Employee Benefits 14 7866091 3510377
Finance Cost 15 17831 15046
Depreciation and ammortisation expenses 6 5128982 694040
Other Expenses 16 13006618 12087350
Total 26019522 16306813
Excess of Expenditure over Income (11504778) (1232259)
Accounting Policies and Notes on Accounts 17
As per our report attached to the Balance Sheet
For NATARAJA IYER & CO. MEMBERS OF MANAGING COMMITTEE
CHARTERED ACCOUNTANTS
-Sd- -Sd- -Sd-
PARTNER Smt.K.Rama Devi Smt.B.Vijaya Lakshmi
President Vice President
-Sd- -Sd-
Smt.V.Sreedevi Smt.B.Kavitha
Secretary Treasurer
MEMBERS
-Sd- -Sd-
1. N.Swaroopa Rani 2. K.Srimahalakshmi
Hyderabad Hyderabad
Date: 11.09.2019 Date: 11.09.2019
(Formerly Association of Lady Entrepreneurs of Andhra Pradesh)
(Registered Under Section 25 of the Companies Act, 1956)
For the year ended
FOR THE YEAR ENDED MARCH 31, 2019
ASSOCIATION OF LADY ENTREPRENEURS OF INDIA
STATEMENT OF INCOME AND EXPENDITURE
Sl Description As at Additions Re-valuation As at Up to For the Deletions Up to As at 31st As at 31st
No. March 31 during the surplus March 31 March 31 year during the March 31 March 31 March 31
2018 year 2019 2018 year 2019 2019 2018
` ` ` ` ` ` ` ` ` `
1 LAND 48297 429914 171127703 171605914 -- -- -- -- 171605914 48297
2 BUILDINGS 22796873 4900299 15145928 42843100 6207644 728859 -- 6936503 35906597 16589229
3 OFFICE EQUIPMENTS 1863776 460910 -- 2324686 1721258 104354 -- 1825612 499074 142518
4 COMPUTER & PRINTER 1447276 125000 -- 1572276 1337371 58186 -- 1395557 176719 109905
5 FURNITURE & FIXTURES 1642422 535362 -- 2177784 1128761 139362 -- 1268123 909661 513661
6 PLANT & MACHINERY 23633613 664769 -- 24298382 1133401 4098221 -- 5231622 19066760 22500212
Total 51432257 7116254 186273631 244822142 11528435 5128982 -- 16657417 228164725 39903822
Previous Year Total 22755802 28676455 -- 51432257 10834395 694040 -- 11528435 39903822 --
GROSS BLOCK DEPRECIATION NET BLOCK
ASSOCIATION OF LADY ENTREPRENEURS OF INDIA
(Registered Under Section 25 of the Companies Act, 1956)
Note - 6 Tangible Assets
(Formerly Association of Lady Entrepreneurs of Andhra Pradesh)
As at As at
Particulars 31.03.2019 31.03.2018
` `
Note1
CAPITAL
1) The Liability of the Members is limited
2) As per clause 8 of the Memorandum of Association, every Member
undertakes to contribute to the Assets of the Association in the event of its
being wound up, while she is a member or within one year afterwards for
payment of the Debts or Liabilities of the Association contracted before she
ceases to be a member and of the costs, charges and expenses of winding up
and for adjustment of the rights of the contributories among themselves,
such amounts as may be required not exceeding Rupees Fifty only.
-- --
3) As per clause 10 of Memorandum of Association, if upon winding up or
dissolution of the Association, there remains, after the satisfaction of all the
debts and liabilities and any property whatsover, the same shall not be paid
to, or distributed amongst the members of the Association but shall be
given or transerred to such other company having objects similar to the
objects of this company which is duly registered as per provisions of
Section 12A of the Income Tax Act 1961, to be determined by the members
of the Association in general body at/or before the time of dissolution or in
default thereof, by the High Court of jurisdiction that has or may acquire
jurisdiction in the manner.
Total -- --
Note - 2
RESERVES AND SURPLUS
a) General Reserve - As per Last Balance Sheet 44007912 28172054
Add: Admision Fee and Life Membership fee 1918200 2124800
Net Assets capitalized of ISDS Scheme -- 13711058
Net Assets capitalized of Grants from Govt. of India
for IE, Vijayawada/ Hyderabad 6699205 --
52625317 44007912
b) Revaluation surplus
Revaluation surplus on land and building 186273631 --
186273631 --
c) Statement of Income and Expenditure
As per Last Balance Sheet 1830933 3063192
Excess of Expenditure over Income as per statement of Income and
Expenditure (11504778) (1232259)
(9673845) 1830933
Total 229225103 45838845
ASSOCIATION OF LADY ENTREPRENEURS OF INDIA
(Registered Under Section 25 of the Companies Act, 1956)
NOTES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2019
(Formerly Association of Lady Entrepreneurs of Andhra Pradesh)
ASSOCIATION OF LADY ENTREPRENEURS OF INDIA
(Registered Under Section 25 of the Companies Act, 1956)
(Formerly Association of Lady Entrepreneurs of Andhra Pradesh)
As at As at
Particulars 31.03.2019 31.03.2018
` `
Note - 3
Other Long Term Liabilities;
Liability - Industrial Estate - Hyderabad 802513 1098116
Liability - Industrial Estate - Vijayawada 8965080 9814405
Liability - Industrial Estate - Nandigama 54324383 58862051
Liability - Industrial Estate - Bodduvari palem 4827105 440101
Liability - Industrial Estate - Balabhadra puram 27533 1325350
Liability - Industrial Estate - Gidijala, Visakhapatnam 222985 --
Liability - ATAL Incubation Mission - Incubation Centre 43167210 --
Liability - setting up of LBI in Gajularamaram, RR DT 2203604 2500000
Liability - Built-up space at JETDCL, Jakkampudi 480000 --
Rent Deposits 52494 78494
Total 115072907 74118517
Note - 4
Other Current Liabilities
Other Creditors & Liabilities 13626082 13342595
Subscriptions for 2019-20 6000 --
Subscriptions for 2018-19 -- 58000
Other Payables 2214981 1307195
Total 15847063 14707790
Note - 5
Short Term Provision;
Other provision for expenses 1989233 1259556
Total 1989233 1259556
ASSOCIATION OF LADY ENTREPRENEURS OF INDIA
(Registered Under Section 25 of the Companies Act, 1956)
(Formerly Association of Lady Entrepreneurs of Andhra Pradesh)
As at As at
Particulars 31.03.2019 31.03.2018
` `
Note - 7
Long Term Loans and Advances
(Unsecured and Considered good)
Advance to Vijayawada IE 4417874 4579354
Advance to Nandigama IE 108040 198040
Deposits 500421 131579
Total 5026335 4908973
Note - 8
Inventories
(Lower of cost or net realizable value)
Stock-Training program 12009 74034
Total 12009 74034
Note - 9
Cash and Cash Equivalents
Balances with Scheduled Banks
in Current Accounts 38342272 33152705
in Savings Accounts 27273 76123
in Fixed Deposits (includes for `16615146/-lodged with banks as margin
money towards Bank Guarantee) 83297955 53157349
121667500 86386177
Cash on hand 10468 11686
Total 121677968 86397863
Note - 10
Short Term Loans and Advances
(Unsecured and Considered good)
Advances to Staff 37500 61000
Advances for Expenses 238250 65773
Total 275750 126773
Note - 11
Other Current Assets
(Unsecured and Considered good)
Tax Deducted at Source 2748227 1588253
Grant and Rent Receivables 2810995 1124885
Other receivables 1418297 1800105
6977519 4513243
(Doubtful)
Grant and other expenses receivables 640000 640000
Less: Provision for grant and other expenses receivable 640000 640000
-- --
Total 6977519 4513243
ASSOCIATION OF LADY ENTREPRENEURS OF INDIA
(Registered Under Section 25 of the Companies Act, 1956)
(Formerly Association of Lady Entrepreneurs of Andhra Pradesh)
Particulars 31.03.2019 31.03.2018
` `
INCOME
Note - 12
Revenue from Operations
Grant received from Government of India for Skill training and Administrative
& other overhead expenses under ISDS Scheme -- 239353722
Less: Skill training and Administrative & other overhead expenses under ISDS -- 239353722
-- --
Seminars,Conferences, Training Programme & Grants 8767411 7625192
Subscriptions from members 223560 134420
Total 8990971 7759612
Note - 13
Other Income
Interest Income 492280 743916
Other Income 403263 5469933
Interest received on IT - refund -- 4552
Donations -- 63870
Jobwork Charges 4628230 1032671
Total 5523773 7314942
Note - 14
Employee Benefits
Salaries and Allowances 7331499 2943252
EPF Employer Contribution 64279 56682
Consultancy Charges 452613 326466
Security Wages 17700 183977
Total 7866091 3510377
Note - 15
Finance Cost
Bank Charges 17831 15046
Total 17831 15046
For the year ended
NOTES FORMING PART OF THE STATEMENT OF INCOME AND EXPENDITURE FOR
THE YEAR ENDED MARCH 31, 2019
ASSOCIATION OF LADY ENTREPRENEURS OF INDIA
(Registered Under Section 25 of the Companies Act, 1956)
(Formerly Association of Lady Entrepreneurs of Andhra Pradesh)
Particulars
31.03.2019 31.03.2018
` `
Note - 16
Other Expenses
Annual General Meeting/EGM Expenses 163400 81790
Committee Meeting Expenses 9916 12274
Seminars,Conferences & Training Programme 4425145 7722487
Rent, Rates and Taxes 1687178 506361
Electricity and Water Charges 535456 455312
Printing and Stationery 99480 196891
Postage and Telephones 234119 222960
Travelling and Conveyance 725239 524966
Petrol and Maintenance Expenses 336771 350137
Periodicals and Journals 14884 10660
Subscription to Associatons 94164 29300
Miscellaneous Expenses 409408 368053
Audit Fee 100000 100000
Donations/Sponsorships 25000 --
Legal and Professional Charges 42700 135400
Repairs and Maintenance (Buildings) 215162 40163
Repairs and Maintenance (Others) 32993 50511
Computer Maintenance 2630 4104
Office Maintenance 420395 343674
Filing Fee and other Fees 9940 16000
Application/Processing fees 15000 64000
Jobwork charges 3345613 797217
Jute material consumed 62025 55090
Total 13006618 12087350
For the year ended
ASSOCIATION OF LADY ENTREPRENEURS OF INDIA (Formerly Association of Lady Entrepreneurs of Andhra Pradesh)
(Registered under Section 25 of the Companies Act, 1956)
SIGNIFICANT ACCOUNTING POLICIES AND NOTES ON FINANCIAL
STATEMENTS: NOTE 17
A) CORPORATE INFORMATION:
ASSOCIATION OF LADY ENTERPRENUERS OF ANDHRA PRADESH (“the
Association“) a Company incorporated on 14/02/1994 in accordance with the provisions
of Section 25 of Companies Act, 1956. Subsequently on bifurcation of Andhra Pradesh,
the Association changed its name on 04/06/2015 to ASSOCIATION OF LADY
ENTREPRENEURS OF INDIA. The Association is primarily engaged to undertake or
assist any projects, development of Industrial Estates, programs and schemes for
upliftment of women of the nation in educational and social aspects by giving them
vocational and professional training with the main aim to create women entrepreneurs.
B) SIGNIFICANT ACCOUNTING POLICIES
1. Method of Accounting: The financial statements have been prepared on accrual basis,
unless otherwise stated, under historical cost convention in accordance with the generally
accepted accounting principles (GAAP) in India including the Accounting Standards
specified under Section 133 of the Companies Act, 2013 read with rule 7 of the
Companies (Accounts) Rules 2014.
2. Use of Estimates: The preparation of the financial statements in conformity with Indian
GAAP requires management to make estimates and assumptions that affect the reported
balance of assets and liabilities and disclosures relating to contingent assets and
liabilities as at the date of the financial statements and reporting amounts of income and
expense during the period.
Although the estimates are based upon management’s best knowledge of current events
and actions, actual results could differ from these estimates. Any revision in the
estimates is recognized prospectively in the current and future periods.
3. Property, Plant and Equipment: Property, plant and equipment are stated at Cost of
Acquisition/construction less depreciation. Cost comprises of purchase price and any
other cost attributable to bringing the asset to its working condition for its intended use.
Depreciation on fixed assets is provided on Written Down value Method (WDV) based
on useful life of Asset as prescribed in Schedule II to the Companies Act, 2013.
4. Employee Benefits:
a) Provident Fund: The Association contributes to Provident Fund at prescribed rates
and charged to statement of Income and Expenditure.
b) Gratuity: Gratuity to the eligible employees shall be accounted on payment basis.
c) Leave Encashment: The policy of the Association for earned leaves is to be availed
by the employees and cannot be encashed.
5. Revenue Recognition: a) Membership Subscription: Membership Subscription is accounted on receipt basis
except for advance subscription received for ensuing years which is shown under
other current liabilities as subscription received in advance.
b) Interest Income: Interest income is recognized on time proportion basis taking into
account the accrued amount certified by the bank.
c) Admission and Life Membership Fee: Admission and Life Membership fees
received from members on admission of new member is taken into General Reserve..
6. Recognition of Grants: Grants received for the programs from Government or other
Corporates, is recognized, where there is reasonable assurance that the Association will
comply with the conditions attached to them and where such benefits have been earned
by the Association and it is reasonably certain that ultimate collection of the grant will be
made.
7. Incomes and Expenses relating to Industrial Estates: All the Incomes and Expenses
relating to Industrial Estates are netted off and shown as liability in the Balance sheet.
8. Earnings per share: Earnings per share is not applicable as there are no shares issued by
the Association.
9. Provision and Contingent Liabilities: A provision is recognized when the Association
has a present obligation as a result of past event i.e. it is probable that an outflow of
resources will be required to settle the obligation in respect of which a reliable estimate
can be made. Provisions are not discounted to its present value and are determined based
on the best estimate required to settle the obligation at the balance sheet date. These are
reviewed at each balance sheet date and adjusted to reflect the current best estimates.
A contingent liability is a potential liability that may occur, depending on the outcome of
an uncertain future event. A contingent liability is recorded in the accounting records if
the contingency is probable and the amount of the liability can be reasonably estimated.
If both of these conditions are not met, the liability may be disclosed in notes on the
financial statements.
10. Inventories: Stock of material held for training is valued at lower of cost or net
realizable value. Cost of material includes purchase price less input credit taken of
indirect taxes if any and charged on FIFO method.
11. Accounting Standards to the extent applicable and relevant with reference to the
transactions undertaken requiring disclosures have been considered.
B) NOTES ON FINANCIAL STATEMENTS:
1. Admission fee and Life Membership Fee of `19,18,200/-(Previous Year `21,24,800/-)
collected during the year from the members is credited to General Reserve .
2.1 Registration of lands of Industrial Estate at Hyderabad have been completed of the
pending unregistered land and the surplus on account of registration of land of
`23,10,603/- has been taken into Reserves and Surplus (Note No. 2).
2.2 a. Payments/Receipts relating to unregistered land of Industrial Estate activity at
Vijayawada have been netted off and the credit balance of `89,65,080/- has been
included under Non Current Liabilities;
The Breakup for the above is as under;
INDUSTRIAL ESTATE – VIJAYAWADA
Rupees
UN registered Land- Cost 556916
Overhead Expenses- UN registered area 905918
Development Expenses - UN registered area 1623792
3086626
Less:
Land receipts – UN registered area 1579000
Grants from Govt. of India - UN registered area 766432
Advances 8417874
Amount refundable to Members 1288400
12051706
Liability – Industrial Estate, Vijayawada 8965080
b. Payments/Receipts relating to registred land of Industrial Estate at Vijayawada in
favour of members of have been netted off and the deficit of `95,63,966/- has been
adjusted against the Grant from Government of India:
Rupees
Land Cost – registered area 9748498
Construction Expenses - registered area 28423568
Construction Overhead – registered area 15857580
54029646
Less:
Land receipts – registered area 43419180
Land Processing Fees - registered area 1046500
44465680
Deficit 9563966
c. Grant of `1,47,19,000/- received from Government of India has been utilised/adjusted
against the deficit of `95,63,966/- relating to registered land of Industrial Estate Activity
and Grant relating to unregistered area of `7,66,432/- has been shown above in 2.2.a. and
balance of `43,88,602/- has been transferred to General Reserve.
d. Assets and liabilities relating to Industrial Estate at Vijayawada which were allotted
and owned by the Association have been recognized in the financial statements. The
breakup of Assets and liabilities is as under:
Rupees
Land 389914
Building 1771125
Other Fixed Assets 1171277
Deposits & Advances 73842
Total 3406158
Outstanding Liabilities 56162
Total 56162
2.3 Payments/Receipts relating to Industrial Estate activity at Nandigama Village,
Sangareddy District have been netted off and the credit balance of `5,43,24,383/- has
been included under Non Current Liabilities;
The Breakup for the above is as under;
INDUSTRIAL ESTATE – NANDIGAMA, SANGAREDDY DIST
Rupees
Land
104321250
Land Development Charges and Registration Expenses
Construction Expenses
97958327
51066020
Other overhead Expenses
Purchase of other Assets
C Deposits & other current Assets
18560281
1643573
40108695
313658146
Less:
Amount received from members 340787560
Other Income 23378315
Deposits & Other liabilities
Advance from Head office
3708614
108040
367982529
Liability – Industrial Estate, Nandigama 54324383
2.3.1. Land/Plots at Nandigama Industrial Estate admeasuring 37966 sq. yards has been
mortgaged with HMDA for a period of 3 years.
2.4 Balance grant of `7953303/- receivable from Ministry of Textiles relating to ISDS
scheme is not considered in the accounts as the claim of the Association is pending
for approval of Ministry.
2.5 Payments/Receipts relating to Industrial Estate activity at Bodduvari palem Village,
SPSR Nellore District have been netted off and the credit balance of `48,27,105/- has
been included under Non Current Liabilities;
The Breakup for the above is as under;
INDUSTRIAL ESTATE – BODDUVARI PALEM, SPSR NELLORE DIST
Rupees
Land 12045888
Other overhead Expenses
C Deposits & other current Assets
270841
4750000
17066729
Less:
Amount received from members 13985000
Advances from Industrial estates 7908834
21893834
Liability – Industrial Estate, Bodduvari palem 4827105
2.6 Payments/Receipts relating to Industrial Estate activity at Balabhadra puram Village,
East Godavari District have been netted off and the credit balance of `27,533/- has
been included under Non Current Liabilities;
The Breakup for the above is as under;
INDUSTRIAL ESTATE – BALABHADRA PURAM, EAST GODAVARI DIST
Rupees
Land 30466010
Other overhead Expenses
C Deposits & other current Assets
176496
100000
30742506
Less:
Amount received from members 8570000
Advances from Industrial estates 22175039
Deposits & Other liabilities 25000
30995039
Liability – Industrial Estate, Balabhadra puram 27533
2.7 Payments/Receipts relating to Industrial Estate activity at Gidijala Village,
Visakhapatnam have been netted off and the credit balance of `2,22,985/- has been
included under Non Current Liabilities;
The Breakup for the above is as under;
INDUSTRIAL ESTATE – GIDIJALA VILLAGE, VISAKHAPATNAM
Rupees
Other overhead Expenses
C Deposits & other current Assets
369475
40
369515
Less:
Amount received from members 560000
Other Income 16250
Deposits & Other liabilities 16250
592500
Liability – Industrial Estate, Gidijala, Visakhapatnam 222985
2.7.1 Land at Gidijala Village, Visakhapatnam has not been yet allotted to the Association.
2.8 Payments/Receipts relating to ATAL Incubation Misson – Incubation Centre have
been netted off and the credit balance of `4,31,67,210/- has been included under Non
Current Liabilities;
The Breakup for the above is as under;
ATAL INCUBATION MISSION – INCUBATION CENTRE
Rupees
Other overhead Expenses
P Purchase of other Assets
Advances
Other Current Assets
2480678
4838510
1298499
769018
9386705
Less:
Grant received from Govt. of India 46130000
Advances from Main Account & AGRIP, Nandigam 5010000
Deposits & Other liabilities 1413915
52553915
Liability – ATAL Incubation Misson – Incubation Centre 43167210
2.9 Payments/Receipts relating to setting up of Garment LBI at ALEAP Industrial Estate,
Gajularamaram have been netted off and the credit balance of `22,03,604/- has been
included under Non Current Liabilities;
The Breakup for the above is as under;
GARMENT LBI – ALEAP IE, GAJULARAMARAM
Rupees
P Purchase of other Assets 304410
2203604
Less:
Grant received from Govt. of India 2500000
Advances from Main Account 8014
2508014
Liability – Garment LBI, Gajularamaram 2203604
2.10 Jakkampudi Economic Township Development Corporation Limited (JETDCL) has
allotted 50803 sft at Jet City situated at Jakkampudi, Vijayawada to the Association
at `2,250/- per sft (exclusive of applicable taxes) for the purpose of setting up
business for women entrepreneurs (members). The said cost is payable by the
Association. The Association collects from women entrepreneurs (members) to
whom area has been allotted and make payment to JETDCL. The amount collected
from women entrepreneurs (members) of `4,80,000/- is payable to JETDCL is shown
under Other Long Term Liabilities (Note No. 3).
3. Additional information pursuant to the requirements of Part II of Schedule III to the
Companies Act, 2013:
Contingent Liabilities
(A) Unexpired Bank Guarantee as at 31.03.2019 is `1,46,66,250/- (as at 31.03.2018 is
`2,54,21,942/-)
4. Disclosures of related parties and transactions with related parties.
4.1. related Parties:
S No. Name of the related party Relationship
1 Centre for Entrepreneurship Development Common Members
2 ALEAP Credit Guarantee Association Common Members
3 K. Rama Devi President
4 B.Vijaya Lakshmi Vice President
5 V.Sreedevi Secretary
6 B.Kavitha Treasurer
7 P.Jyothi Rani Managing Committee Member
8 K.Padmaja Managing Committee Member
9 Y.Tripuramba Managing Committee Member
10 A.Durga Bhavani Managing Committee Member
11 U. Padmavathi Managing Committee Member
12 N.Swarupa Rani Managing Committee Member
13 B.Sailaja Managing Committee Member
14 Pallavi Joshi Managing Committee Member
15 C.Rajini Managing Committee Member
16 M.Lakshmi Managing Committee Member
17 B.Padmavathi Annapurna Managing Committee Member
18 K.Srimahalakshmi Managing Committee Member
4.2 Transactions with related parties during the year:
a. Income: NIL
b. Expense/Payments:
c. In respect of provisional allotment of industrial plots in Nandigama Industrial Estate to
the Managing Committee members (related parties) amount received towards cost of
industrial plots and dues could not be disclosed as the said provisional allotment is
pending actual measurement of the plots, actual fixation of the allotment price on
account of changes in the cost of land purchased and execution of agreements with the
members.
4.3 Amount outstanding as at 31.03.2019 from/to related parties:
5. Revaluation of Property, Plant and Equipment
During the year, Land and Building situated at Industrial Estate, Gajularamaram,
Hyderabad have been revalued and resultant revalued amount has been incorporated in
the books of account as per the valuation report furnished by registered valuer dated on
31.03.2019. The difference in the revalued amount and book balance has been shown as
revaluation surplus (Note No.2) and land and building has been increased by adopting
revalued figures.
6. The Management has reviewed and found that recoverable amount of each fixed asset is
higher than its carrying amount. Hence, no provision for impairment of fixed assets is
considered.
S No. Name of the related party Transaction Amount (`) 1
2
3
ALEAP Credit Guarantee
Association
Centre for Entrepreneurship
Development
Centre for Entrepreneurship
Development
Advance for expense is
written off
Service fees for Garment
training program with
TATA Trust
Land cost
6000
450000
40000
S No. Name of the related party Payable (`) 1 Centre for Entrepreneurship Development 4327600
7. In the opinion of the Management Committee all the assets other than fixed assets, have
a value on realization in the ordinary course of business at least equal to the amount at
which they are stated in the financial statements.
8. Corresponding comparative figures of previous year have been regrouped wherever
required to correspond to the current year figures.
SIGNATURES TO NOTES 1 TO 17
AS PER OUR REPORT ATTACHED MEMBERS OF MANAGING COMMITTEE
TO THE BALANCE SHEET
For NATARAJA IYER & CO.
CHARTERED ACCOUNTANTS
-Sd- -Sd- -Sd-
PARTNER Smt.K.Rama Devi Smt.B.Vijaya Lakshmi
President Vice President
-Sd- -Sd-
Smt.V.Sreedevi Smt.B.Kavitha
Secretary Treasurer
MEMBERS
-Sd- -Sd-
1. N.Swaroopa Rani 2. K.Srimahalakshmi
Hyderabad Hyderabad
Date: 11.09.2019 Date: 11.09.2019