lenny apparels 2011
TRANSCRIPT
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 1/31
31 December 31 December
2011 2009
Note Taka Taka
SOURCES OF FUNDS
Share Capital 4
Equivalent USD 28,570 @ BDT 70.00 2,000,000 2,000,000
Shareholders' equity 2,000,000.00 2,000,000
LOAN FUNDS 5
Must Garment Corporation Limited Hong Kong
Loan account - non-interest bearing payable on demand
Equivalent USD 702,600 @ BDT 70.00 174,420,159 49,182,039
CAPITAL EMPLOYED 176,420,159 51,182,039
APPLICATION OF FUNDS
Property, plant and equipment
Construction in progress 6 180,841,117 48,235,438
Preliminary expenses 7 534,940 534,940
CURRENT ASSETS
Advances, deposits and prepayments 8 926,800 926,800
Cash and cash equivalents 9 4,266,821 1,717,891
5,193,621 2,644,691
LESS: CURRENT LIABILITIES AND PROVISIONS
Creditors and Accruals 10 10,149,519 233,030
10,149,519 233,030
NET CURRENT ASSETS/(LIABILITIES) (4,955,898) 2,411,661
NET ASSETS 176,420,159 51,182,039
CONTINGENT LIABILITIES & COMMITMENTS -0 -
Managing Director Director
Dhaka, November 2010 Chartered Accountants
LENNY APPARELS LIMITED
STATEMENT OF FINANCIAL POSITION
Page 1of 5
Auditors' report to the shareholders
See annexed report of date
These Financial Statements should be read in conjunction with the annexed notes
AS AT 31 MARCH 2009
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 2/31
Note Taka Taka
Operating Activities
Changes in working capital
Increase in advances, deposits and prepayments 8 - (926,800)
Increase in creditors and accruals 9,916,489 233,030
Net cash inflow from operating activities 9,916,489 (693,770)
Investing activities
Construction in progress 6 (132,605,679) (48,235,438) Preliminary expenses 7 - (534,940)
(132,605,679) (48,770,378)
Financing activities
Share Capital 4 - 2,000,000
Loan account - non-interest bearing payable on demand 5 125,238,120 49,182,039
125,238,120 51,182,039
Net cash Inflow/ (Outflow) 2,548,930 1,717,891
Cash and bank balances
On 01 January 2010 1,717,891 -
At 31 March 2011 9 4,266,821 1,717,891
Net Increase in cash and cash equivalents 2,548,930 1,717,891
-0.60
Managing Director Director
Page 2 of 5
This Statement should be read in conjunction with the annexed notes.
LENNY APPARELS LIMITED
STATEMENT OF CASH FLOWS
FOR THE PERIOD FROM 01 JANUARY 2010 TO 31 MARCH 2011
From 05 August
2008 to 31December 2009
From 01 January
2010 to 31 March2011
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 3/31
1 BACKGROUND
2 NATURE OF BUSINESS
3 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
a. Accounting basis
b. Pre-operating expenses and preliminary expenses
c. Property, plant and equipment - construction in progress
d. Foreign currency translations and transactions
Company's functional and presentation currency.
These are recorded in the books at historical cost. All directly attributable costs of construction are
capitalised under the relevant headings of assets.
These Financial Statements have been prepared on a going concern basis under the historical cost
convention as well as considering Bangladesh Accounting Standards (BAS) and Bangladesh Financial
Reporting Standards (BFRS) and provisions of the Companies Act, 1994 and other applicable laws
and regulations. Wherever appropriate, the policies are explained in the succeeding paragraphs.
Page 3 of 5
In order to comply with the requirements of the local Companies Act 1994, certain expenditure relating
to the incorporation of the Company are capitalised under the heading "Preliminary expenses". These
Preliminary expenses shall be amortised on a straight line method over a period of five years (60months) commencing from the date of starting the commercial production.
Share capital, loan funds received from Must Garments Corporation Limited, foreign currency balance
with banks at 31 December 2009 in US dollars have been translated into Bangladesh Taka currency at
the rate of Tk 70.00 = 1 US dollar.
LENNY APPARELS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
Lenny Apparels Limited ("the Company") was incorporated in Dhaka, Bangladesh as a private limited
company on 05 August 2008 and not yet went into the commercial production. The Company is owned by
100% foreign investment and intending to run its operation through establishing a factory in Dhaka Export
Processing Zone (DEPZ).
The Company's target is to set up specialised Garments Industry with linkage (washing and embroidery)
facilities. During the period, the Company has not started the commercial operation as the main activities
were to construct the factory building and related machineries.
FOR THE PERIOD FROM 01 JANUARY 2010 TO 31 MARCH 2011
The financial statements of the Company are presented in Bangladesh Taka (BDT) which is the
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 4/31
31 March
2011
4 SHARE CAPITAL Taka
a. Authorized
35,000 ordinary shares of Tk 10,000 each 350,000,000
b. Issued, subscribed and paid up
200 fully paid up ordinary shares of
Tk 10,000 each issued for cash 2,000,000
2,000,000
c. The composition of fully paid up ordinary share capital of the Company is as follows:
Name of the shareholders No. of
shares
Must Garment Corporation Ltd, Hongkong 100 1,000,000
Lazare Co. Inc, British Virgin Island 100 1,000,000
2,000 2,000,000
5 LOAN FUNDS- NON INTEREST-BEARING PAYABLE ON DEMAND
MUST GARMENT CORPORATION LIMITED, HONGKONG
Opening Balance 49,182,000
Add: Increased During the year 125,238,159
174,420,159
6 Property, plant and equipment
Construction in progress
(A)
Name of the contractors/description of expenses
Magnum Engineering 100,175,197
Heidelberg Cement 18,134,092
BSRM Steel 39,239,690
Energypac Power Generation Ltd 5,275,000
Cables 2,761,500
Civil construction and other related costs 9,998,870
Lease rent 3,620,604
Bank charges 56,460
Utility charges 930,575
Cost for moving items from Comilla EPZ 50,000
180,241,988
Foreign exchange translation difference 599,129
180,841,117
(B)
7 PRELIMINARY EXPENSES
Legal and professional expenses 168,210
Registration and related expenses 366,730
534,940
8 ADVANCES, DEPOSITS AND PREPAYMENTS
LENNY APPARELS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD FROM 01 JANUARY 2010 TO 31 MARCH 2011
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 5/31
31 March
2009
9 CASH AND CASH EQUIVALENTS Taka
On Current Accounts with the Hong Kong & Shanghai
Banking Corporation Limited (HSBC)
USD Account (51,460, 2009: $21,484 @ BDT 70) 3,602,172
BDT Account 664,649
4,266,821
10 CREDITORS AND ACCRUALS
Magnum Engineering & Constructions Ltd 4,408,451
Energypac Power Generation Ltd 5,275,000
Lenny Fashions Ltd 466,068
Others -
10,149,519
Director Managing Director
LENNY APPARELS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD FROM 5 AUGUST 2008 TO 31 DECEMBER 2009
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 6/31
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 7/31
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 8/31
Cash in hand
Stamps in hand
At banks on current accounts with:
Convertible Account
Non-convertible Account
The Hong Kong & Shanghai Banking Corporation Limited
Page 7 of 15
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 9/31
25-Aug-09 Cement Cement Company Draft - K808768
16-Sep-09 Cement Cement Company Draft - K899055
8-Oct-09 Cement Cement Company Draft - K899694
28-Oct-09 Cement Cement Company
3-Nov-09 Cement Cement Company
25-Nov-09 Cement Cement Company- stage-2 Installment 1 Draft - 9013426-Dec-09 Cement Cement Company- stage-2 a Draft - K901462
21-Dec-09 Cement Cement Company - Stage 2 Draft - K901855
23-Dec-09 Cement Cement Company - Stage 2 Draft - K901918
14-Feb-10 Cement Cement Company Draft-K000974
3-May-10 Stage-4 Cement Cement Company Draft-K003736
27-Jun-10 Stage-5 Cement Cement Company Draft-DAK005070
19-Jul-10 Stage-5 Cement Scan Cement Stage 5 Transfer Letter
5-Sep-10 Cement Scan Cement Stage 5 Draft-
5-Sep-10 Cement Lenny Fashions (600 Bags) Transfer Letter
24-Oct-10 Cement Scan Cement Draft-
20-Mar-11 Cement Scan Cement Draft-
US$
BDT
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 10/31
6,270
3,344
8,360
11,704
10,032
1,672 8,151
1,672
8,151
8,360
34,640
15,588
10,560
35,032
3,122
36,000
56,400
259,058
18,134,092
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 11/31
25-Aug-09 Steel BSRM - Steel 8-Sep-09
16-Sep-09 Steel BSRM - Steel 29-Sep-09
8-Oct-09 Steel BSRM - Steel 11-Oct-09
19-Nov-09 Steel BSRM - Steel 2 a
6-Dec-09 Steel BSRM - Steel 2 b 6-Dec-0929-Dec-09 Steel BSRM Steel -Stage2
5-Jan-10 Steel BSRM Steel - Stage2
9-Jan-10 Steel BSRM Steel - Stage 4a
13-Jan-10 Steel BSRM Steel - Stage 4b
24-Jan-10 Steel BSRM Steel - Stage 4C - advance payment
14-Feb-10 Stage-4 Steel BSRM Steel -Stage 4d
18-Mar-10 Steel BSRM Steel -Stage 4e
16-May-10 Stage-5 1 Steel BSRM Steel
19-Jul-10 Stage-5 Steel BSRM Steel stage 5 -2nd lot
19-Jul-10 Stage-5 Steel BSRM Steel stage 5 -3nd lot
5-Sep-10 Steel BSRM Steel stage
5-Sep-10 Steel BSRM Steel stage
7-Oct-10 Stage -3 Steel BSRM Steel stage
14-Oct-10 Stage -3 Steel BSRM Steel stage
14-Dec-10 Steel BSRM Steel stage
9-Jan-11 Steel BSRM Steel stage
31-Mar-11 Steel BSRM Steel stage
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 12/31
US$
Draft - K808769 22,572
Draft - K899044 22,212
Draft - K899698 21,163
24,680
Draft - K901461 24,680 Draft - K901919 25,000
Draft-K000033 25,625
Draft-K000175 22,977
Draft-K000278 22,977
Draft-K000598 23,115
18,630
Draft- 24,081
Transfer Letter 26,280
Transfer Letter 25,550
Transfer Letter 21,700
Transfer Letter 49,680
Transfer Letter 26,220
Transfer Letter 24,150
Transfer Letter 22,500
Transfer Letter 26,250
Transfer Letter 24,000
Transfer Letter 36,525
560,567
BDT 39,239,690
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 13/31
12-Jan-10 Transfer Letter 2,568,378
13-Jan-10 Paid to Magnum 863717 2,442,803
14-Jan-10 Excise Duty 1,000
20-Jan-10 Bangladesh Bank 863718 101,783
26-Jan-10 Transfer Letter 2,565,272
28-Jan-10 Paid to Magnum 863745 2,398,702 1-Feb-10 Utility Bill 863743 44,100
4-Feb-10 Bangladesh Bank 863742 101,783
14-Feb-10 Transfer Letter 2,860,958
18-Feb-10 Paid to Magnum 863747 2,400,803
18-Feb-10 Green Delta Insurance Co. 863746 297,500
14-Mar-10 Bangladesh Bank 863748 101,783
18-Mar-10 Transfer Letter 1,867,109
21-Mar-10 Paid to Magnum 745701 1,751,441
23-Mar-10 Utility Bill 745703 37,870
25-Mar-10 Bangladesh Bank 745702 74,554
13-Apr-10 Transfer Letter 863749 42,000
18-Apr-10 Transfer Letter 2,549,419
19-Apr-10 Paid to Magnum 745704 2,385,963
25-Apr-10 Bangladesh Bank 745705 101,783
25-Apr-10 Utility Bill 745706 56,840
30-Apr-10 Transfer Letter 1,959,444
3-May-10 Paid to Magnum 745707 1,789,310
13-May-10 Transfer Letter 2,456,220
13-May-10 Paid to Magnum 745709 2,388,483
16-May-10 Utility Bill 745711 54,320
20-May-10 Bangladesh Bank 745708 74,555 26-May-10 Bangladesh Bank 745710 101,783
30-May-10 Transfer Letter 2,551,423
31-May-10 Transfer Letter 745712 2,442,803
3-Jun-10 Transfer Letter 2,553,002
7-Jun-10 Bangladesh Bank 745713 101,783
9-Jun-10 Paid to Magnum 745714 2,442,803
13-Jun-10 Transfer Letter 2,549,659
15-Jun-10 Sweet & C & F 745716 16,762
16-Jun-10 Utility Bill 745719 66,920
17-Jun-10 Paid to Magnum 745717 2,375,883
20-Jun-10 Bangladesh Bank 745715 101,783
28-Jun-10 Bangladesh Bank 745718 101,783
19-Jul-10 Transfer Letter 2,557,571
22-Jul-10 Paid to Magnum 745720 2,393,873
22-Jul-10 Utility Bill 745722 48,930
22-Jul-10 Bangladesh Bank 745721 101,783
16-Aug-10 Transfer Letter 2,338,656
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 14/31
18-Aug-10 Paid to Magnum 745723 2,393,243
19-Aug-10 Bangladesh Bank 745724 101,783
19-Aug-10 Utility Bill 745725 49,560
5-Sep-10 Transfer Letter 2,559,447
5-Sep-10 Paid to Magnum 745726 2,442,803
5-Sep-10 Bangladesh Bank 745727 101,783 5-Sep-10 Transfer Letter 2,558,592
5-Sep-10 Paid to Magnum 745728 2,442,803
5-Sep-10 Bangladesh Bank 745729 101,783
30-Sep-10 Transfer Letter 1,728,622
30-Sep-10 Paid to Magnum 745733 1,700,000
13-Oct-10 Transfer Letter 864,276
13-Oct-10 Paid to Magnum 745734 742,803
13-Oct-10 Bangladesh Bank 745735 101,783
13-Oct-10 Transfer Letter 2,585,227
13-Oct-10 Paid to Magnum 745730 2,388,623
13-Oct-10 Bangladesh Bank 745731 101,783
13-Oct-10 Utility Bill 745732 54,180
13-Oct-10 Bank Charges 863
13-Oct-10 Transfer Letter 2,596,798
22-Oct-10 Paid to Magnum 745736 2,389,883
22-Oct-10 Bangladesh Bank 745737 101,783
22-Oct-10 Utility Bill 745738 52,920
31-Oct-10 Transfer Letter 2,604,013
1-Nov-10 Paid to Magnum 745739 2,442,803
10-Nov-10 Bangladesh Bank 745740 101,783
8-Nov-10 Transfer Letter 2,591,003 8-Nov-10 Transfer Letter 2,591,003
10-Nov-10 Paid to Magnum 745742 2,442,803
10-Nov-10 Bangladesh Bank 745743 101,783
10-Nov-10 Paid to Magnum 745744 2,442,803
10-Nov-10 Bangladesh Bank 745745 103,783
14-Nov-10 Cas Withdrawn 745741 10,000
14-Nov-10 Transfer Letter 2,591,913
14-Nov-10 Paid to Magnum 745746 2,397,513
14-Nov-10 Bangladesh Bank 745747 101,783
14-Nov-10 Utility Bill 745748 45,290
5-Dec-10 Transfer Letter 2,597,690
5-Dec-10 Paid to Magnum 196201 2,442,803
5-Dec-10 Bangladesh Bank 196202 101,783
13-Dec-10 Transfer Letter 2,600,290
14-Dec-10 Paid to Magnum 196204 2,442,803
14-Dec-10 Bangladesh Bank 196205 101,783
23-Dec-10 Cas Withdrawn 196203 150,000
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 15/31
4-Jan-11 Transfer Letter 1,919,938
5-Jan-11 Paid to Magnum 745749 1,789,310
5-Jan-11 Bangladesh Bank 745750 74,555
19-Jan-11 Cas Withdrawn 196206 50,000
19-Jan-11 Excise Duty 1,000
24-Jan-11 Transfer Letter 2,669,031 24-Jan-11 Paid to Magnum 196207 2,442,803
24-Jan-11 Bangladesh Bank 196208 101,783
24-Jan-11 Paid to Magnum 196209 204,474
24-Jan-11 Bangladesh Bank 196210 101,783
15-Feb-11 Transfer Letter 2,687,585
15-Feb-11 Paid to Magnum 196211 2,442,803
15-Feb-11 Bangladesh Bank 196212 101,783
20-Mar-11 Transfer Letter 1,964,562
20-Mar-11 Paid to Magnum 196216 1,789,310
20-Mar-11 Bangladesh Bank 196217 74,555
22-Mar-11 Cas Withdraw 196218 50,000
29-Mar-11 Cas Withdraw 196219 25,000
30-Mar-11 Transfer Letter 2,685,728
30-Mar-11 Paid to Magnum 196220 2,442,803
30-Mar-11 Bangladesh Bank 196221 101,783
31-Mar-11 Cash for shutter gate -adv 50% 196222 20,000
31-Mar-11 Transfer Letter 2,685,728
31-Mar-11 Paid to Magnum 196215 2,442,803
30-Mar-11 Bangladesh Bank 196214 101,783
Paid 72,000,491
Previous 18065111Payable 4408451
Add Tiles 4874398.9
Lift 1143870
Less Green Delta Insurance Co. (297,500)
Sweet & C & F 745716 (16,762)
Excise Duty & Bank charge (2,863)
100,175,197
99996542
178,655
1039443
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 16/31
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 17/31
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 18/31
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 19/31
72761010
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 20/31
Trans amount ex loss total
72458558 302452 72761010
0
0
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 21/31
10-Jan-11 CABLES BRB CABLES Transfer Letter 39,450
2761500
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 22/31
Date Stage Instalment Account head
8-Jan-08 Structure & other Civil Construction 1st Civil Construction Exp.
8-Jan-08 Structure & other Civil Construction Stamp Duty(BB)
19-Feb-08 Structure & other Civil Construction 2nd Civil Construction Exp.
29-Apr-08 Structure & other Civil Construction 3rd Civil Construction Exp.
27-May-08 Structure & other Civil Construction 4th Civil Construction Exp.
10-Oct-08 Prelemenary Stage Prelemenary Exp.
10-Oct-08 Prelemenary Stage Prelemenary Exp.
25-Aug-09 Consultant
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 23/31
Description Paid
USD BDT
1st installment against cost of structure & others civil construction 31,857 2,229,990.00
Stamp duty to Bangladesh Bank (BDT 140,000.00) 2,056 143,920.00
2nd installment against cost of structure & others civil construction 31,857 2,229,990.00 3rd installment against cost of structure & others civil construction 31,857 2,229,990.00
Final installment against cost of structure & others civil construction 31,857 2,229,990.00
Soil test expenses 1,786 125,020.00
Map photocopy charge 25 1,750.00
Architect - Iyer & Mahesh 11,546 808,220.00
Upto 31 December 2009 142,841 9,998,870
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 24/31
Date Stage Account head Description
15-Apr-08 Lease rent Lease rent (11th Dec07 to June08)
8-Jul-08 Lease rent Lease rent (July08 to September08)
28-Oct-08 Prelemenary Stage Lease rent Quarterly lease rent ($4,364.78) (03rd Sep-Dec08)
13-Jan-09 Prelemenary Stage Lease rent Factory Lease rent (Jan '09 - Mar '09) $3,329.0614-Apr-09 Prelemenary Stage Lease rent Factory Lease rent (Ap l'09 - Jun '09) $3,329.06
14-Jul-09 Prelemenary Stage Lease rent Factory Lease rent (Jul '09 - Sep '09) $3,329.06
1-Oct-09 Prelemenary Stage Lease rent Factory Lease rent (Oct '09 - Dec '09) $3,329.06
1-Jan-09 Prelemenary Stage Lease rent Factory Lease rent (Jan '10 - Mar '10) $3,329.06
Balance as on 13.12.2009
5-Sep-10 BEPZA Lease Rentals
14-Oct-10 BEPZA Lease Rentals
17-Jan-11 BEPZA Lease Rentals
payable to Lenny Apparels for lease Rent
Total Lease rent paid upto 31.03.2011
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 25/31
Amount US$ Amount TK
Paid 7,410
Paid 3,329
Paid 4,365
Paid 3,329 Paid 3,329
Paid 3,329
Paid 3,329
Paid 3,329
Paid 31,749 2222416
Due 3329 233030
35,078 2455446
Paid
6658 3,329
3,329
3,329
6,658
16,645 1165158.4
3620604.4
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 26/31
Date Description Reference Paid
USD
25-Jan-09 29
3-Mar-10 Others Bank Charge Bank Charge 10
13-Mar-10 Others Bank Charge Bank Charge 26
7-Apr-10 Stage-4 Others Bank Charge Bank Charge 26
3-May-10 Others Bank Charge Bank Charge 5
5-May-10 Others Bank Charge Bank Charge 31
13-May-10 Others Bank Charge Bank Charge 50
2-Sep-10 Others Bank Charge on Remittance bank Charges 31
5-Sep-10 Others Bank Charge Bank Charge 5
12-Sep-10 Others Bank Charge Bank Charge 40
19-Sep-10 Others Bank Charge Bank Charge 5
30-Sep-10 Others Bank Charge Bank Charge 31
6-Oct-10 Others Bank Charge Bank Charge 40
6-Oct-10 Others Bank Charge Bank Charge 40
14-Oct-10 Others Bank Charge Bank Charge 5
24-Oct-10 Others Bank Charge Bank Charge 5
24-Oct-10 Others Bank Charge Bank Charge 26
25-Oct-10 Others Bank Charge Bank Charge 5
1-Nov-10 Others Bank Charge Bank Charge 31
7-Nov-10 Others Bank Charge Bank Charge 40
11-Nov-10 Others Bank Charge Bank Charge 5
25-Nov-10 Others Bank Charge Bank Charge 30.980
20-Dec-10 Others Bank Charge Bank Charge
20-Dec-10 Others Bank Charge Bank Charge 5
11-Jan-11 Others Bank Charge Bank Charge 5
13-Jan-11 Others EXCISE DUTY 70
17-Jan-11 Others Bank Charge Bank Charge 5
22-Feb-11 Others Bank Charge Bank Charge 26
18-Mar-11 Others Bank Charge Bank Charge 31
20-Mar-11 Others Bank Charge Bank Charge 5
20-Mar-11 Others Bank Charge Bank Charge 5
669
BDT 46807.6
Add 2862.5
Previous year 6790
Total 56460.1
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 27/31
Date Description Reference Paid
USD
5-Sep-10 Utility-Magnum Transfer Letter 708
19-Sep-10 Bepza Utility Draft- 774
14-Oct-10 Utility-Magnum Draft - 756
11-Nov-10 Utility-Magnum Draft - 647
20-Dec-10 Utility-Magnum Draft - 761
17-Jan-11 Utility-Magnum Draft - 760
20-Feb-11 Utility-Magnum Draft - 2,752
20-Mar-11 Utility-Magnum Draft - 1,778
8,936
BDT 625520
Previous 305055
930575
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 28/31
5 LOAN FUNDS- NON INTEREST-BEARING PAYABLE ON DEMAND
MUST GARMENT CORPORATION LIMITED, HONGKONG
Increased During the year9-Jan-10 Remittance reced from MGCL (Stage 4a)
20-Jan-10 Remittance reced from MGCL (Stage 4B) HK1190100U1TU8GT
7-Feb-10 Stage-4 Remittance reced from MGCL(Stage 4C) HK1040200P3AIGG9
13-Mar-10 Remittance reced from MGCL(Stage 4 & 10d) HK1110300V6HQJNL
7-Apr-10 Stage-4 Remittance reced from MGCL(Stage 4 & 10e) HK1070400K8YM3E4
5-May-10 Stage-4 Remittance reced from MGCL HK1030500KBC7YFE
13-May-10 Stage-5 Remittance reced from MGCL HK1110500PC2JYPW
18-Jul-10 Stage-5 Remittance reced from MGCL
2-Sep-10 Stage-6 Remittance reced from MGCL
30-Sep-10 Remittance reced from MGCL
24-Oct-10 Remittance reced from MGCL LIFT
1-Nov-10 Remittance reced from MGCL
25-Nov-10 Remittance reced from MGCL
16-Jan-11 Remittance reced from MGCL
22-Feb-11 Remittance reced from MGCL
18-Mar-11 Remittance reced from MGCL
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 29/31
US$ Taka
Stage
63173 4422110
63173 4422110 41,670 2,866,896
67423 4719610 55.26
63173 4422110 15,588 2,549,659
63173 4422110 Stage
63173 4422110
127846 8949205
127846 8949205
234000 16380000
265579 18590530
16341 1143870
240378 16826460
104455 7311850
39450 2761500
50000 3500000
199934 13995380
1789116.6 125238159
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 30/31
14-Mar-10 Magnum - Stage 10 - Ins 0745701 1,751,441
17-Apr-10 Fund Received from FC account USD 3 2,549,419
29-Apr-10 Fund Received from FC account USD 2 1,956,360
7/29/2019 Lenny Apparels 2011
http://slidepdf.com/reader/full/lenny-apparels-2011 31/31
726,254
3,163,249
2,575,023