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Panjim Gymkhana - Annual Report 2018 1

PANJIM GYMKHANABANDODKAR GROUND, CAMPAL, PANJIM - GOA 403 001.

Telephone No. 0832 2225818, Email : [email protected]

NOTICE

Annual General Meeting of Panjim Gymkhana for the period from 01/04/2017 to 31/03/2018 shall be held on Sunday 2nd September 2018 at 10.30 am at Panjim Gymkhana, Campal, Panji Goa.

AGENDA

1) To read the Notice convening the meeting.2) ToreadandconfirmtheMinutesoftheAGMMeetingheldon17thSeptember2017.3) ToconsiderandadopttheAuditedStatementofAccounts,AnnualReportandtheAuditor’sreportthere

onfortheyear2017-2018.4) ToAppointanAuditorfortheyear2018-2019.5) ToapprovethesealingofNewMembershipsandtoapprovenewratesfordifferentcategoryofmembers.6) TodiscussanddecideinregardstotheaffiliationwithothergymkhanasandclubinIndia.7) Toapprovetheamendments/additionstotheRules&Regulations,asproposedintheAmendments/

AdditionsannexedtothisAnnualReport.8) Anyothermatterswiththepermissionofthechair.

Note:a) Ifnoquorumisfoundattheappointedtime,themeetingshallstandadjournedandreconvenedafter

30minutesatthesameplaceanddate.b) MembershavinganyqueriesregardingtheAnnualReportorstatementofAccountsarerequestedto

submitthesameinwritingtotheHon.Secretaryonorbefore15thAugust2018.c) Onlywrittenqueries receivedby theduedatewill be entertained at the timeof theGeneralBody

Meeting.d) UnderRule57,atleast14days’noticeshouldbegivenandresolutionshouldbepassedbyamajority

of2/3rdofthememberspresentandentitledtovote.

Panjim Gymkhana - Annual Report 20182

PANJIM GYMKHANA

THEMANAGINGCOMMITTEETAKESPLEASUREINSUBMITTINGTHEMEMBERSASHORTREPORTOFTHEWORKINGOFTHESOCIETYFORTHEYEARENDED31STMARCH2017.

• ACCOUNTS:TheAuditedStatementofAccounts andBalanceSheet is attachedherewithanda copyof the same isdisplayedontheNoticeBoard.

• MEMBERSHIP:The total membership of the Society as on 31stMarch2018isasfollows:ORDINARY-13,SYMP-1,LIFE-1953,DONOR-110,PATRON-624We have total 2701 members

• ACTIVITIES: • PanjimGymkhana44thAngley’scupTableTennisMen’steamchampionship2017wherein7teams

participated. Finalswas played betweenDil-Jit team andVerenkerz teamon 9th July 2017 at theCampalIndoorStadium.Shri.SidharthKunkolienkarChairmanofEDCwastheChiefGuestfortheeventanddistributedtheprizestothewinnersandrunnersup.

• PanjimGymkhanaAllGoaMajorRankingT.T.Tournament2017 Juniorboys-23Nos.Men’s-32Nos.Ladies-20Nos.Jr.Girls-20Nos.

• Finals ofAll Goa State Ranking T. T. Tournament of Panjim Gymkhana in Jr. Girls, Jr. Boys,LadiesandMenscategorieswasheldonSunday23rdJuly2017atIndoorStadiumCampal,Panaji,Goa.PrizeswerehandedovertothefinalistsatthehandsofChiefGuestMsTanisiKirtaniwhoistheSubJunior,JuniorsandLadiesChampionofGoain2016-17sheisworldRank82inJune17and8th RankinyouthinIndia.

ForPanjimGymkhana S/d RajeshA.Khaunte Hon.Secretary.


PROPOSEDAMENDEMENTSTOTHECONSTITUTIONRECOMMENDEDBYTHE MANAGING COMMITTEE.

1) ToaddRule17Aasfollows: 17A.Therightsandprivilegesofeverymembershallnotbetransferred.Onthedemiseofanindividual

member,his/hersurvivingspouseshallhaverights tocontinuethemembershipofhis/herdeceasedspouse.

2) ToAddRule17Basfollows: 17B.Everymembermaybringasguest/guestsanypersonorpersonstothesocietypremisessubjectto

paymentoffeesasprescribedbytheManagingCommitteefromtimetotime.TheManagingCommitteeshallprescribesuchfeestobepaidasalsothefrequencyofvisitsoftheguestattheSocietypremises.ThemembersconcernedshallabidebythesaiddecidionsoftheManagingCommitteeandshallalsoberesponsiblefortheconductoftheguestattheSocietypremises.

3) ToAmendRule34Readas:FourteenDaysatleastbeforetheAnnualGeneralMeetinganoticeofsuchmeetingandof thebusiness tobe transactedthereaftershallbeputonthenotice-boardin thesocietyandacopythereoftheauditedaccountsandthedraftreportshallbesenttoeverymember.NootherbusinessthanthatofwhichnoticehasbeengivenintheAgendaorunderRule41belowshallbebroughtforwardatsuchmeeting.Thedraftreport,balancesheetandstatementofaccountsshallalsobeputontheNotice-BoardFourteendaysbeforethemeeting.

Shouldbeamendedas:”FourteenDaysatleastbeforetheAnnualGeneralMeeting,anoticeofsuchmeetingandofthebusinesstobetransactedthereaftershallbeputontheNotice-BoardintheSocietyandacopythereofalongwiththeAnnualReportshallbegiventothemembersbyrespective e mails registered with the Society, but the accidental omission to give or non receipt of such notice by any member shall not invalidate the proceedings of the Annual General Meetong. Notice of any such meeting shall be published in any one local newspaper.

All Correspondence required to be sent to members shall be sent on e-mail of the member which isregisteredwiththesociety”.


IndependentAuditors’Report

TheMembers,PanjimGymkhanaCampal,Panjim–Goa.

ReportontheFinancialStatementsWehaveauditedtheaccompanyingfinancialstatementsofPANJIMGYMKHANA,Panjim–Goa,whichcompriseoftheBalanceSheetasatMarch31,2018andtheIncome&ExpenditureAccountfortheyearthenendedandasummaryofsignificantaccountingpoliciesandotherexplanatoryinformation.

Management’sResponsibilityfortheFinancialStatementsManagementisresponsibleforthepreparationofthesefinancialstatementsthatgiveatrueandfairviewof thefinancialpositionandfinancialperformanceof theGymkhanainaccordancewiththeaccountingprinciples generally accepted in India. This responsibility includes the design, implementation andmaintenanceofinternalcontrolsrelevanttothepreparationandpresentationofthefinancialstatementsthatgiveatrueandfairviewandarefreefrommaterialmisstatement,whetherduetofraudorerror.

Auditor’sResponsibilityOurresponsibilityistoexpressanopiniononthesefinancialstatementsbasedonouraudit.WeconductedourauditinaccordancewiththeStandardsonAuditingissuedbytheInstituteofCharteredAccountantsofIndia.ThoseStandardsrequirethatwecomplywithethicalrequirementsandplanandperformtheaudittoobtainreasonableassuranceaboutwhetherthefinancialstatementsarefreefrommaterialmisstatements.

Anauditinvolvesperformingprocedurestoobtainauditevidenceabouttheamountsanddisclosuresinthefinancialstatements.Theproceduresselecteddependontheauditor’sjudgment,includingtheassessmentoftherisksofmaterialmisstatement,ofthefinancialstatements,whetherduetofraudorerror.Inmakingthoseriskassessments,theauditorconsidersinternalcontrolrelevanttotheentity’spreparationandfairpresentation of the financial statements in order to design audit procedures that are appropriate in thecircumstancesbutnotforthepurposeofexpressinganopinionontheeffectivenessofInternalcontrol.Anauditalsoincludesevaluatingtheappropriatenessoftheaccountingpoliciesusedandthereasonablenessoftheaccountingestimatesmadebythemanagement,aswellasevaluatingtheoverallpresentationofthefinancialstatements.

Webelievethattheauditevidencewehaveobtainedissufficientandappropriatetoprovideabasisforourauditopinion.

OpinionInouropinionandtothebestofourinformationandaccordingtotheexplanationgiventous,thesaidfinancialstatements,presentatrueandfairview:-I. IncaseoftheBalanceSheet,ofthestateofaffairsoftheGymkhanaasat31stMarch2018II. InthecaseoftheIncomeandExpenditureAccount,oftheExcessofExpenditureoverIncomeforthe

yearendedonthatdate.


EMPHASISOFMATTERDuringtheyear,theManagementhasdetectedembezzlementofcashbyanemployeeoftheGymkhana.AfterhavingrecoveredapartofmisappropriatedfundsfromhimthebalancerecoverablehasbeencurrentlypeggedatRs2,55,990/-andthesamehasbeenshownasreceivablefromtheemployeeintheBalanceSheetundertheheadingLoans&AdvancesinScheduleM.

TheembezzledamountwaslargelyoutofthemembershipfeesreceivedincashbytheGymkhana.

Other MatterWefurtherreportthat:a) Cashinhand,andStockofsportsgoodsattheendoftheyearareascertifiedbythemanagement.b) Inthecaseofabsenceofsupportingbillsforexpenses,wehavereliedontheauthorityaccordedtosuch

expensesbytheSecretary/Treasurer.c) TheGymkhanainauguratedPhaseIofitsbuildingProjecton26.01.2018afterhavingcarriedouttwo

yearsofextensivedevelopmentandconstructionwork.d) NoDepreciationhasbeenchargedonthenewlyconstructedGymkhanaBuildingduringtheyeare) OtherCurrentLiabilitiesbeingRs.75,16,170/-payabletoRBSCandiaparkarissubjecttoconfirmation.

ReportonotherLegalandRegulatoryRequirementsWereportthat:a) Wehaveobtainedalltheinformationandexplanations,whichtothebestofourknowledgeandbelief

werenecessaryforthepurposeofouraudit.b) InouropinionproperbooksofaccountshavebeenkeptbytheGymkhanasofarasitappearsfromour

examinationofsuchbooks.c) TheBalanceSheetandtheIncomeandExpenditureAccountdealtwithbythisreportareinagreement

withthebooksofaccountsoftheGymkhana.

ForM/sShilpaDeshpande&Associates CharteredAccountants, FirmReg.No.;119986W

S/d ShilpaDeshpande Proprietor Memb.No.108077Place:Merces-GoaDate:14/07/2018



PanjimGymkanawasestablishedin1963withtheobjectofdevelopmentandpromotionofsportsinGoa.ItisregisteredundertheSocietiesRegistrationAct1860and12AoftheIncomeTaxAct1961.

SIGNIFICANTACCOUNTINGPOLICIES

I SYSTEMOFACCOUNTINGa) Theaccountsarechieflymaintainedonaccrualsystemofaccounting.b) Financialstatementsarebasedonhistoricalcosts

II FIXEDASSETSa) FixedAssetsarecapitalizedatacquisitioncost,includingdirectlyattributablecostsuchasfreight,

insuranceandinstallationchargesforbringingtheassetintoworkingconditionforuse.

III DEPRECIATIONa) DepreciationisprovidedonFixedAssetsonWrittendownValuebasisattheratesandinthemanner

prescribedundertheIncometaxAct1961b) NoDepreciationisprovidedonassetsdemolished/discardedduringtheyear.c) DepreciationonFixedAssets/thatportionoftheFixedAssetagainstwhichdonations/Sponsorships

havebeenreceivedisnotchargedto theIncomeandExpenditureAccountbutdeductedfromtheDonation/Sponsorshipreceived.

IV REVENUERECOGNITIONa) Revenue(income)isrecognisedwhennosignificantuncertaintyastoitsdetermination/realization

exists.b) Revenuefromservicesisrecognizedwhentheservicesarerendered.c) InterestincomeisaccountedonAccrualbasis.d) DonationsarerecognizedonReceiptbasis.

V GRANTSa) RevenuegrantsarerecognizedintheStatementofIncomeandExpenditureAccountwhenthereis

reasonableassurancethatthegrantwillbereceived.

VI USEOFESTIMATES The preparation of financial statements, in conformity with the generally accepted accounting


principles,requireestimatesandassumptionstobemadethataffectthereportedamountofassetsandliabilitiesonthedateoffinancialstatementsandthereportedamountofrevenuesandexpensesduringthereportedyear.Differencesbetweentheactualresultsandestimatesarerecognizedintheyearinwhichtheresultsareknown/materialized.

VII CAPITALWORKINPROGRESS Expenditureduringconstructionperiodisincludedundercapitalwork-in-progressandthesameis

allocatedtotherespectivefixedassetsonthecompletionoftheproject.

VIII INVESTMENTS Investmentsthatarereadilyrealisableandintendedtobeheldfornotmorethanayearareclassified

ascurrentinvestments.Allotherinvestmentsareclassifiedaslongterminvestments.

NOTESFORMINGPARTOFTHEACCOUNTSFORTHEYEARENDING31.03.2018

1. The Gymkhana inaugurated Phase I of its Project on 26.01.2018 after two years of extensivedevelopment/constructionwork.ThecostofthecompletedProjecthasbeencapitalizedandallocatedtotherespectiveFixedAssetsintheBalanceSheet.

2. TheGymkhanawasunabletoconductmostofitsusualSportseventsandactivitiesduringtheyearduetotheconstruction/developmentwork.Howevertherestaurant,lawnsbookingforeventsandswimmingpoolfacilitieswereavailableforuseduringasmallpartoftheyear.

3. TheManagementhasdecidednotchargedepreciationontheGymkhanaBuildingcapitalizedduringtheyearasitwasyettobeoperatedinthemannerintendedbymanagement.

4. Outof the totalDepreciationofRs. 5,84,225/-(previousyearRs. 29,117/-) for theyearonFixedAssets,DepreciationpertainingtoDonatedAssetsRs.12,806/-(previousyearRs.13,854/-)isnotchargedtotheIncomeandExpenditureAccountbutdeductedfromtheDonations/SponsorshipforAssetsAccount.BalancedepreciationofRs.5,71,419/-(previousyearRs.15,263/-) ischargedtoIncomeandExpenditureAccount.

5. AdvanceMembershipfeesofRs.2,50,000/-havebeenshownascurrentliabilitiesastheirmembershipapplicationsarependingforapproval.

6. UnsecuredInterest-freeloanofRs.2croresadvancedbyMrPrasadKeniisrepayableaftertwoyears.

7. Afteraduetenderingprocess,theGymknanahasenteredintoaLicenseAgreementwithRitzClassicforaperiodoffiveyearsfrom01.02.2018to31.01.2023forrunningtheirrestaurantattheGymkhanapremisesatamonthlylicensefeeofRs.1lacandasecuritydepositofRs.3lacs.

8. Anembezzlementof cash fundsbyanemployeewasdetectedduring theyear.Theextentof the


embezzledamountiscurrentlypeggedatRs.3,55,990/-andafterhavingrecoveredapartofthecashfromhimthebalancereceivableisRs.2,55,990/-whichisshownasreceivablefromtheemployeeintheBalanceSheet.

9. Previousyear’sfigureshavebeenregrouped/recastwherevernecessarytomakethemcomparablewithcurrentyearfigures.

ForM/sShilpaDeshpande&AssociatesCharteredAccountants, S/dFirmReg.No.;119986W PRESIDENT

S/d S/dShilpaDeshpande SECRETARYProprietorMemb.No.108077

Place:Merces-GoaS/dDate:14/07/2018 TREASURER


PAN

JIM

GY

MK

HA

NA

BAN

DO

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R G

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L, P

ANJI

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istra

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Num

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284

dat

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BALANCESHEETASON31/03/2018

ASPE

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ORT

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/sShilpaDeshpande&Associates

FORPANJIMGYMKHANA

CharteredAcountants

Firm.R

eg.N

o:119986W

S/d

S

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S

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S

/dSh

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Des

hpan

de

Pr

esid

ent

Se

cret

ary

Tr

easu

rer

Proprietor

Mem

No:108077

Place:M

erces-Goa

Date:14/07/2018

31/0

3/20

17LIABILITIES

Sch

31/0

3/20

1831

/03/

2017

Ass

ets

Sch

31/0

3/20

18

4,59,94,219

CapitalFund

A10,11,43,476

1,80,853

FixedAssets

H11,44,23,964

80,539

Donation/Sponsorshipfor

Assets

B75,87,733

6,09,08,549

CapitalW

orkinProgress

G1,49,550

81,29,211

Income&Expenditure

Account(surplus)

C56,00,286

1,00,550

LongTermInvestments

I1,00,550

73,597

SpecialFunds

D0

0CurrentInvestmentsFixed

Deposit

J2,56,50,051

28,03,397

SecurityDeposit

E49,18,671

11,722

CurrentAssets

K2,70,632

58,29,383

CurrentLiabilities

F1,06,97,438

8,790

Deposits

L1,26,425

0UnsecuredInterest-free

Loanfrom

PrasadKeni

2,00,00,000

9,28,807

Loans&

Advances

M23,06,735

7,71,075

Cash&BankBalances

N69,19,697

6,29

,10,

346

14,9

9,47

,604

6,29

,10,

346

14,9

9,47

,604


PAN

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Num

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284

dat

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6/06

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0

INCOMEANDEXPE

NDITUREACCOUNTFO

RTHEYEARENDING31/03/2018

ASPE

ROURREP

ORT

OFEV

ENDAT

EForM

/sShilpaDeshpande&Associates

FO

RPANJIMGYMKHANA

CharteredAcountants

Firm.R

eg.N

o:119986W

S/d

S

/d

S

/d

S

/dSh

ilpa

Des

hpan

de

Pres

iden

t

Secr

etar

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Trea

sure

rProprietor

Mem

No:108077

Place:M

erces-Goa

Date:14/07/2018

31/0

3/20

17EXPE

NDITURE

Sch

31/0

3/20

1831

/03/

2017

INC

OM

ESc

h31

/03/

2018

4,77,750

ToOffice/staffExpenses

19,15,662

6,08,373

ByInterestonInvestments

83,59,993

6,409

ToM

aintenanceExpenses

21,84,801

20,633

ByOtherIncome

96,44,714

20,678

ToEstablishm

entE

xpenses

37,88,027

21,700

ByTournamentE

ntryFees

1017,900

1,51,186

ToTournam

entE

xpenses

43,09,134

17,000

BySponsorshipIncome

1120,000

0ToSportsGoodsConsumed

524,020

1,74,427

ToOtherExpenses

67,78,469

15,263

ToDepreciation

75,71,419

0ToExcesso

fIncom

eOver

ExpenditureTrftoBalance

Shee

t

01,78,007

ByExcesso

fExpenditure

OverIncom

eTrftoBalance

Shee

t

25,28,925

8,45

,713

35,7

1,53

28,

45,7

1335

,71,

532


SCHEDULEIVSeeRules8(1)and10(2)


Registration Number : 284 dated. 26/06/1970

SchedulesformingpartofIncome&ExpenditureAccountfortheyearending31/03/2018

Schedule - 5

Previous Year 2017

Sports Goods Consumed

Current Year 2018

4,584 OpeningStock 4,5840 Add:SportsGood

Purchased 24,0204,584 28,6044,584 Less:ClosingStock 4,584

0 24,020

Schedule - 3

Previous Year 2017

Establishment Expenses

Current Year 2018

9,892 Printing&Stationary 97,2559,286 Telephone 20,496

0 Electricity 2,52,574

0 Water 1,23,440

0 SecurityCharges 2,92,762

1,500 LeaseRent 1,500

20,678 7,88,027

Schedule - 2

Previous Year 2017 MaintenanceExpenses Current

Year 20181,950 Repairs&Maintenance 1,24,809

0 GroundMaintenance 21,0230 GensetMaintenance 16,220

4,459 ComputerMaintenance 5,161

0SwimmingPoolMaintenance 15,583

0 VehicleMaintenance 8600 BadmintonMaintenance 2400 PoolTableMaintenance 905

6,409 1,84,801

Schedule - 1

Previous Year 2017 StaffExpenses Current

Year 20184,59,000 Salaries&Wages 9,04,167

0 StaffWelfare 11,49518,750 Bonus 0

4,77,750 9,15,662

Schedule - 4

Previous Year 2017 TournamentExpenses Current

Year 201897,136 T.T.Tournament 1,18,744

54,050CricketTournamentParticipationExpenses 1,90,390

1,51,186 3,09,134


Schedule - 6

Previous Year 2017 OtherExpenses Current

Year 201812,716 Advertisement 35,1251,075 AffiliationFees 1,09068,750 AGMExpenses 49,656

431 BankCharges 3,9380 PanjimGymkhana

InaugrationExpenses3,79,072

0 MunicipalTax 1,16,8050 Licence&Registration

Fees49,200

0 TATASkySubscription 8,5003,041 MiscellaneousExpenses 34,85120,000 AuditFees 20,000

0 EventsandFestivals 22,4343,000 LuxuryTaxReg.Fees 012,657 IDCards 38,812

0 Interest&Penalties 10,9820 TransportCharges 7,8240 TTTableExp 180

43,232 SpecialGeneralBodyMeetingExp

0

9,525 ElectionExpenses 01,74,427 7,78,469

Schedule - 9

Previous Year 2017 Other Income Current

Year 20180 PoolSideLawnIncome 23,750

1,360 OrdinaryMembershipFees

1,360

0 RestaurantRent 2,00,0000 SunsetLawnBooking 2,85,0000 TenderDocument

Income5,458

193 MiscellaneousIncome 89,97275 Dividend 3,1510 SwimmingPool

Receipt14,204

19,005 InterestonIncomeTaxRefund

21,819

20,633 6,44,714

Schedule - 7

Previous Year 2017 Depreciation Current

Year 201815,263 DepreciationonAssets 5,71,41915,263 5,71,419

Schedule - 10

Previous Year 2017 TournamentEntryFees Current

Year 201821,700 TableTennis 17,90021,700 17,900

Schedule - 11

Previous Year 2017 Sponsorship Income Current

Year 201817,000 TableTennis(Angleys) 20,00017,000 20,000

Schedule - 8

Previous Year 2017 Interest on Investments Current

Year 201899,512 InterestonSavingBank 1,93,27313,128 InterestonGUCBFDR 0

5,74,712 InterestonSaras.Bk.FDR

1,66,720

6,87,352 3,59,99378,979 Less:Intereston

Prematurity0

6,08,373 3,59,993


Schedule - A

Previous Year 2017 CapitalFund Current

Year 2018

3,10,87,525 OpeningBal 4,59,94,219

76,50,000 Add:LifeMembershipFees 2,08,00,000

6,50,000Add:DonorMembershipFees 33,75,000

44,25,000Add:PatronMembershipFees 3,09,00,000

21,81,694Add:TransferredfromSpecialFunds 73,597Add:TransferredfromOtherDeposits 660 74,257

4,59,94,219 10,11,43,476

Schedule - C

Previous Year 2017

Income&ExpenditureA/c

Current Year 2018

83,07,218 OpeningBal 81,29,211

-1,78,007

Add/(Less):ExcessofIncomeoverExpenditure/(ExpoverIncome) -25,28,925

81,29,211 56,00,286

Schedule-B

Previous Year 2017

Donation/ Sponsorship for Assets

Current Year 2018

5,492WaterTank(DonatedByApicon2007) 4,943

7,052AirConditioner(VijayNadkarni) 5,994

67,995PitchRoller(PartDonatedbyApicon2007) 57,796

0TTTabledonatedByAdvYogeshNadkarni 9,500

0ConferencetabledonatedbyJoeMathias 9,500

0DonationsforTennisCourt(2018) 45,00,000

0DonationsforBadmintonCourt(2018) 10,00,000

0DonationforDressingRoom(VisitorTeam)2018 10,00,000

0DonationforDressingRoom(HomeTeam)2018 10,00,000

80,539 75,87,733

Schedule - E

Previous Year 2017

Security and Other Deposit

Current Year 2018

50,000 SpotLight&Event 50,000

10,000 BharatSwabhiman 10,000

25,000 EncompassEvents 25,000

50,000 E-18 50,000

0SecurityDeposit-RestaurantRitzClassic 3,00,000

300OrdinaryMembershipDeposit 300

0Retentionmoney-ShriGaneshElectrical 78,701

0Retentionmoney-Rabi(Electrical) 11,873

26,67,437Retentionmoney-RBSCandiaparcar 43,92,797

660 DepositforHireofLocker 660

0Less:TransferredtoCapitalFund 660 0

28,03,397 49,18,671

Schedule - D

Previous Year 2017 SpecialFunds Current

Year 2018

15,00,000 PermanentCorpusFund 0

85,000 TennisCourtFund 0

5,96,694 BuildingFund 0

21,81,694 0

60,011 SilverJubileeFunds 60,011

12,501 CricketPrizeMoneyFund 12,501

1,085 BookFund 1,085

21,81,694Less:TransferredtoCapitalFund 73,597

73,597 0


Schedule - G

Previous Year 2017 Capital Work in Progress Current

Year 2018

2,99,662 SiteEngineerSalary 2,99,662 026,112 Advertisement 26,112 0

5,64,43,573 PaymentofContractorbills 5,64,43,573 02,47,626 ElectricalWork 2,47,626 014,55,030 PlumbingContract 14,55,030 023,02,744 Taxes&Licencefees 23,02,744 0

55,150 ProfessionalFees 55,150 078,652 SoilTesting 78,652 0

6,09,08,549Less:TransfertoFixedAsset 6,09,08,549 0

0 GroundDevelopment 1,49,5506,09,08,549 1,49,550

Schedule - I

Previous Year 2017 LongTermInvestments Current

Year 2018

1,00,050SharesinGoaUrbanCo-opBankLtd 1,00,050

500SharesinSaraswatCo-opBankLtd 500

1,00,550 1,00,550

Schedule - J

Previous Year 2017

FixedDeposits-CurrentInvestments

Current Year 2018

0 SaraswatCo-opBankLtd 2,56,16,954Add:AccruedInterest 33,097 2,56,50,051

0 2,56,50,051

Schedule-F

Previous Year 2017 CurrentLiabilities Current

Year 2018

PayableforExpenses0 M/sAbstract 1,37,8600 LaxyaEnterprises 32,9990 MahalsaWaterSupply 46,9260 MarselPools 14,7280 NareshCaterers 6,5000 Oasis 44,9000 PasoliteElectricalsPvtLtd 2,09,4590 Pralhadram 36,5220 RedAlertDetective&

SecurityServicesPvtLtd 1,00,9200 ShreeAnantEnterprises 34,2020 SoudagarSteelFurniture 1,7000 VipraPrimewareInfotech

PvtLtd 5,772 6,72,48845,23,111 M/sRBSCandiaparcar-

CivilConstruction75,16,170

500 MembershipFeesReceivedinAdvance

1,720

20,000 AuditFeesPayable 23,60080,100 ProvisionforRefreshment

Expenses0

22,500 ServiceTaxPayable 00 ElectricityBillPayable 3,74,925

748 TelephonebillPayable 1,7082,37,446 TDS(WCT)Payable 08,50,000 MembershipFees-Pending

approval2,50,000

0 AdvancetowardsLawnBooking

4,50,000

94,978 TDS(IncomeTax)Payable 1,02,2510 GSTPayable 13,04,576

58,29,383 1,06,97,438


Schedule - K

Previous Year 2017 Current Assets Current

Year 2018

4,584 StockofSportsMaterial 4,5844,584 (a) 4,584

OutstandingIncome5,618 SarvodayaCricketClub

(EntryFees)0

RecoverableExpense(Electricitybills)

1,57,808

0 RestaurantRentReceivable 1,08,000OrdinaryMembershipFeesReceivable

80 AnilJoglekar 0120 MaheshGawande 0120 SureshBhangui 0160 AshaPDhungat 0240 PrakashBNadkarni 0240 SameerChodankar 0160 ShaileshZuarkar 0240 LaxmikantPanvelkar 0160 MaheshAdwalpalkar 240

7,138 (b) 2,66,048

11,722 (a)+(b) 2,70,632

Schedule-L

Deposits

Previous Year 2017 Current Assets Current

Year 2018

1,200 TelephoneDeposit 1,2001,190 ElectricityDeposit 1,18,8255,000 LeaseDeposit 5,0001,400 DyConservatorForest 1,4008,790 1,26,425

Schedule - M

Previous Year 2017 Loans&Advances Current

Year 2018

6,50,390 TaxDeductedAtSource 3,76,6941,29,000 EltechEngineers 020,000 RavindraPissurlenkar 2,55,9904,000 ShekharNaik 4,500

0 ChandrakantNaik 1,0000 ShreeGaneshElectricals 1,25,3510 SyncottsSportsPvtLtd 15,35,0000 KhanWaterSupply 4,600

1,25,417 SouthernPools&WaterSystem

0

0 GST-InputTaxCreditc/f 3,6009,28,807 23,06,735

Schedule - N

Previous Year 2017 Cash&BankBalances Current

Year 2018

48,363 CashInHand 1,16,5821,05,439 G.U.C.B.LtdA/c7834 44,1395,82,993 HDFCBank(EBanking) 34,74,66034,280 SaraswatBanka/c

07120010000933932,84,316

7,71,075 69,19,697

FORPANJIMGYMKHANA

S/d S/d S/d President Secretary Treasurer


PAN

JIM

GY

MK

HA

NA

BAN

DO

DKA

R G

RO

UN

D, C

AMPA

L, P

ANJI

M -

GO

A 4

03 0

01.

Reg

istra

tion

Num

ber :

284

dat

ed. 2

6/06

/197

0

FIXEDASSETSANDDEPR

ECIATIO

NSCHEDULEFORTHEYEARENDEDON31/03/2018Schedule:-H

Sr.

No.

DO

NAT

ED

ASS

ET

S

[A

]Rate

of D

ep

%

At C

ost

as o

n 01

/04/

2017

Add

ition

s BeforeSept

Add

ition

s A

fter

Sep

tD

educ

tion

Tota

l D

epre

-ci

atio

n fo

r th

e ye

ar

W.D

.V.

as o

n 31

/03/

2018

1PitchRoller(partDonatedbyApicon)

1567,995

00

067,995

10,199

57,796

2AirConditioner(DonatedByVijay

Nadkarni)

157,052

00

07,052

1,058

5,994

3WaterTank(DonatedByApicon2007)

105,492

00

05,492

549

4,943

4TT

Table(DonatedbyAdvYogeshNadkarni)

100

010,000

010,000

500

9,500

5ConferenceTable(DonatedbyJoeMathias)

100

010,000

010,000

500

9,500

TOTA

LFO

RDONAT

EDASSETS[A

]80

,539

020

,000

01,

00,5

3912

,806

87,7

33

Sr.

No.

NONDONAT

EDASSETS[B]

Rate

of D

ep

%

At C

ost

as o

n 01

/04/

2017

Add

ition

s BeforeSept

Add

ition

s A

fter

Sep

tD

educ

tion

Tota

l D

epre

-ci

atio

n fo

r th

e ye

ar

W.D

.V.

as o

n 31

/03/

2018

6Gym

khanaBuilding

100

010,61,72,407

010,61,72,407

010,61,72,407

7FurnitureFixtures&

OtherSportsItem

1023,103

64,400

6,93,745

07,81,248

43,438

7,37,810

8LibraryBooks

10698

00

0698

70628

9ElectricalFittings

105,508

40,016

10,58,661

011,04,185

57,486

10,46,699

10WellForWaterSupplytoGround

107,798

00

07,798

780

7,018

11Landscaping&GardenWork

100

032,71,743

032,71,743

1,63,587

31,08,156

12Gym

khanaSw

immingPool

100

06,14,864

06,14,864

30,743

5,84,121

sub

tota

l37

,107

1,04

,416

11,1

8,11

,420

011

,19,

52,9

432,

96,1

0411

,16,

56,8

39


Sr.

No.

Part

icul

ars

Rate

of D

ep

%

At C

ost

as o

n 01

/04/

2017

Add

ition

s BeforeSept

Add

ition

s A

fter

Sep

tD

educ

tion

Tota

l D

epre

-ci

atio

n fo

r th

e ye

ar

W.D

.V.

as o

n 31

/03/

2018

13T.V.

1551,280

00

51,280

7,692

43,588

14ActivaScooter

150

78,359

00

78,359

5,877

72,482

15TataSkyEquipment(2)

152,343

2,600

04,943

546

4,397

16Telephone&PayphoneEquipm

ent

1546

30

046

369

394

17GroundEquipm

ents&Others

154,615

00

4,615

692

3,923

18WaterPum

p15

2,153

00

2,153

323

1,830

19AirConditioner-BoardRoom

150

29,263

00

29,263

4,389

24,874

20Gym

khanaRestaurantM

achinery

150

026,02,247

026,02,247

1,95,169

24,07,078

sub

tota

l60

,854

1,10

,222

26,0

2,24

70

27,7

3,32

32,

14,7

5725

,58,

566

21Com

puter

4084

32,550

41,414

074,048

21,337

52,711

22TallySoftware

400

86,500

00

86,500

34,600

51,900

23Printer

402,269

018,567

020,836

4,621

16,215

sub

tota

l2,

353

1,19

,050

59,9

810

1,81

,384

60,5

581,

20,8

26

TOTA

LFO

RNONDONAT

EDASSETS

[B]

1,00

,314

3,33

,688

11,4

4,73

,648

011

,49,

07,6

505,

27,9

8111

,43,

36,2

31

GRANDTOTA

LC

urrentYear[A

+B]

1,80

,853

3,33

,688

11,4

4,93

,648

011

,50,

08,1

895,

84,2

2511

,44,

23,9

64

Prev

ious

Yea

r2,

09,4

9547

50

02,

09,9

7029

,117

1,80

,853

FORPANJIMGYMKHANA

S/d

S/d

S/d

Pres

iden

t

Secr

etar

y

Tr

easu

rer

PANJIM GYMKHANABandodkar Grounds, Campal, Panaji, Goa – 403001

Ph.: 0832 225818 E-mail: [email protected] / [email protected]

Dear Member,

We are in the process of updating our data base and we therefore, sincerely request you to fill in

all the details here in below.

Membership No. :

Member Since :

MEMBER'S NAME :

NAME OF THE SPOUSE :

Members date of birth: Date of birth of the spouse :

ADDRESS : MAILING – TEMPORARY / PERMANENT

1.

TEL (O) TEL (R)

MOBILE NOS:

E-Mail :

DATE : SIGNATURE :

NAME :

Information given to the office by, Name :

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To, The Secretary

PANJIM GYMKHANA Bandodkar Grounds,Campal, Panjim, Goa.

FROM

TO,

BOOK - POST

PANJIM GYMKHANABandodkar Ground, Campal, Panaji, Goa – 403001 Ph.: 0832 225818 E-mail: [email protected]

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