shaktiproprety bs 2009-10 orignal

8/8/2019 ShaktiProprety BS 2009-10 orignal

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SHAKTI PROPERTY DEVELOPERS PRIVATE LIMITED

BALANCE SHEET AS AT 31TH MARCH 2010

SCHEDULE AS AT 31.03.2010 AS AT 31.03.2009

(RS.) (RS.)

SOURCES OF FUND:

SHARE HOLDERS FUND

Share capital 1 13500000.00 13500000.00

Reserve &Surplus 2 3223989.00 1983125.00

LOAN FUND

Secured Loan 3 40544570.00 8205939.00

Unsecured Loan 4 40000000.00 1000000.00

97268559.00 24689064.00

1.FIXED ASSETS

Gross Block 5 4871026.00 418254.00

780638.00 4090388.00

4090388.00 -3672134.00

CURRENT ASSETS LOANS &

ADVANCES:

Work in Progress 41824970.00 0.00

Sundry Debtors 6 3741125.00 6924788.00

Cash & Bank Balance 7 30060121.00 30060121.00

Loans , Advances & Deposits 8 6339992.00 6339992.00

81966208.00 43324901.00

9 17979117.00 17979117.00

63987091.00 25345784.00

MISCELLANEOUS EXPENSES:

(To the extent not w/off.

Preliminary Expenses 140779.00 181857.00

68218258.00 21855507.00

Notes to Accounts

Schedule and Notes From Part of Accounts 10 -29050301.00

As per Report of Even date Attached

S. K. DWIVEDI & CO. FOR M/S SHAKTI PROPERTY DEVELOPERS

Chartered Accountants PRIVATE LIMITED

S.K.DWIVEDI

Partner Director Director

Place: Mumbai

Date.

APPLICATION OF FUND:

Less: Depreciation

Less: Current Liabilities & Provision


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PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH2009Previous Year (Rs.) PARTICULARS Current Year (Rs.) Previous Year (Rs.) PARTICULARS Current Year (Rs.)

70493070.00 To Opening Work in Progress 41824970.00 68661517.00 By Sales 30791264

31766769.00 To Direct Expenses 25753236.00 41824970.00 By Closing Work in Progress 76265840

982350.00 To Professional Fees 1379633.00 66685.00 By Sundry Exp.Written off 177882

To Purchase 27441859.00 By Direct Income 3020718

235010.00 To Stam Duty 0.00

1570617.00 To Electrical & Electricity Expenses 1574838.00

0.00 To Water Charges 120226.00

0.00 To Computer Maintenance 6950.00

423078.00 To Commission 120000.00

150579.00 To Bank interest 674747.00

485020.00 To Security Expenses 344745.00

6409.00 To Staff welfare 24700.00

To Refreshment Expenses 76782.00

To Discount 500.00

To Stamp Paper Purchased 142262.00

0.00 To Decoration Charges 52889.00

To Medical Expenses 444.00

To Petrol Diesel Expenses 16450.00

To Pest Control Expenses 24000.00

36000.00To Accounting Charges

20000.00 To Audit Fees 75000.00

0.00 To Assessment Charges 878066.00

26546.00 To Bank Charges & Commission 15394.0055730.00To Insurance 162325.00

12110.00 To Repair & Maintenance Car 256223.00

0.00 To Labour Charges 3006400.00

0.00 To Labour Work 55768.00

42400.00To Sundry Expenses 2550.00

58452.00 To Office Expenses 0.00

790940.00 To Salary 1084191.00

15000.00 To Membership Fees 0.00

4960.00 To ROC Charges 13941.00

To Stock Verification 4810.00

To News Paper & Magazine Exp. 5569.00

To Other Expenses 45184.00

To Sweeping Charges 6000.00

120000.00 To Director Salary 0.00

20000.00 To Society Meeting Expenses 0.0041078.00 To Preliminary Expenses W/Off 41078.00

288160.00 To Depreciation 523453.00

12752.00 To Telephone Expenses 18483.00

56972.00 To Conveyance 0.00

0.00 To Travelling 0.00

68758.00 To Vehicle Expenses 0.00

34258.00 To Printing & Stationery 40749.00

700000.00 To Income tax 0.00

120436.00 To Deferred tax 0.00

26200.00 To Fring Benefit Tax 0.00


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465796.00 To Advertiesment Expenses 107543.00

25396.00 To Interest on Car Loan 41261.00

0.00 To Interest on Term Loan 2691043.00

156412.00 To Donation 10000.00

1050.00 To Books & Periodicals 0.00

1240864.00 To Net Profit

110553172.00 TOTAL 108664262.00 110553172.00 TOTAL 110255704.00

Notes to Accounts 10

Schedule and Notes From Part of Accounts 1591442.00

As per Report of Even date Attached

for S.K. Dwivedi & Co. FOR M/S SHAKTI PROPERTY DEVELOPERS

Chartered Accountants PRIVATE LIMITED

S.K.Dwivedi Director Director

Partner

Place. Mumbai

Date.

1. Cost of Work & Labour Charges 28266548.00

2. Purchase 9251370.00

3. Octroi Charges 46870.00

4. Stores & Spares 18941.00

5. Transportation & Unloading Charges 112659.00

37696388.00


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AS AT AS AT

31.03.2010(RS) 31.3.2009(RS)

SCHEDULE'1' :SHARE CAPITAL

AUTHORISED

150000 Equity Share of Rs 100/-each 15000000.00 15000000.00

ISSUED SUBSCRIBED & PAID UP

135000 Equity Share of Rs 100/-each 13500000.00 13500000.00

Total 13500000.00 13500000.00SCHEDULE'2; RESERVE & SURPLUS

Balance B/F 3223989.00 1983125.00

Add. Profit for the year 0.00 0.00

3223989.00 1983125.00

SCHEDULE'3; SECURED LOAN FROM BANKS

Karnataka Bank ( Term Loan) 22226487.00 5000000.00

Karnataka Bank ( Overdraft)) 17042428.00 3054292.00

Karnataka Bank Car Loan 1275655.00 151647.00

Total 40544570.00 8205939.00

SCHEDULE'4' : Unsecured Loan

Shakti Property Developers 40000000.00 1000000.00Total 40000000.00 1000000.00

SCHEDULE'6' : SUNDRY DEBTORS

(Unsecured Considered Goods)

Debts outstanding more than six month 2197125.00 3110386.00

Other Debts 1544000.00 3814402.00

3741125.00 6924788.00

SCHEDULE'7' :Cash & Bank Balance

Karnataka Bank 35601 385973.00 642245.00

Cash in Hand 377839.00 194906.00

Karnataka Bank 271501 29296309.00 129128.00

Total 30060121.00 966279.00SCHEDULE'8' :Loans , Advances & Deposits

Advance Security & Maintenace For NOP 178100.00 0.00

Reena Rajesh Mishra 800000.00 0.00

Multi Marks Services 250000.00 0.00

Meeta Madhlani 50000.00 0.00

Advances for Labour Work 100000.00 0.00

Advances for Professional Charges 98200.00 0.00

Mahalaxmi Elevators 0.00 125672.00

Avadesh Singh 0.00 200000.00

Jayprakash yadav 0.00 200000.00

Advance Tax 400000.00Income Tax 600000.00 913782.00

Bhogilal P. Gala 0.00 250000.00

Mohammed Shaikh 75000.00 110000.00

Jalaram Enterprises 0.00 451379.00

Parshad Associates 1350000.00 900000.00

Shakti Trust 730000.00 460000.00

Shakti Aare milk 60000.00 60000.00

Shakti Property Developers 500000.00 0.00

Vishwanath Misra 625351.00 450000.00

Sharda V. Mishra 495000.00 0.00

Prepaid insurance 28341.00 34467.00Vinod Pandey 0.00 200000.00

A.K. Sanitation 0.00 54957.00

Total 6339992.00 4410257.00

SCHEDULE'9 :Current Liabilities & Provisions

Sundry Creditors 14578835.00 14578835.00


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Advance Against R Wing 750000.00 15771336.00

Provision for Fring Benefit Tax 47200.00 47200.00

Provision for Deffered Tax 158016.00 158016.00

Provision for Income Tax 483218.00 1397000.00

Advance Maintenance Charges 1620578.00 706496.00

Registration Charges 205140.00 0.00

Salary Payable 59800.00 0.00

Telephone Exp. Payable 1658.00 0.00

TDS Payable 74672.00 78755.00

Total 17979117.00 32737638.00

FOR SHAKTI PROPERTY DEVELOPERS

PRIVATE LIMITED

Director Director


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Sakpal Chauhan 26160.00

Sanjay Kumar Singh P-501 Maintenance 18700.00

Santosh Kamath-Maintenance 26160.00

Sarika Sonavane Maintenance 26160.00

Satyendra Goyal -Maintenance 18750.00

Seema D. Temkar Maintenance 26160.00

Shailesh Khakhrecha Maintenance 18750.00

Shushila Bhabera Maintenance 18750.00

Stephen D'souza Maintenance 18750.00

Sudha Vijaysukla Maintenance 26160.00Sunil Kumar Maintenance O-604 18750.00

Suraj D Choursiya-Maintenance 18750.00

Tushar Vijay Mandanekar Maintenance 26160.00

Valerian Fernands Maintenance 18750.00

Yogendra Goyal P-404 Maintenance 18700.00

Zaverilal Dedhiya Maintenance 18072.00

Total 1620578.00


PRIVATE LIMITED

Director Director

Date:


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Schedule '5'

DEPRECIATION ON FIXED ASSETS AS ON 31.03.2010 (AS PER COMPANIES ACT,1956

Particulars Rate of Cost at Addition Total Cost Depre. Depre. Total Net Block

Deprec. 1.4.2009 During the 3/31/2010 Upto During (Rs) 3/31/2010 31.3.2009

(Rs) Year(Rs) (Rs) 1.4.2009 the year (Rs) (Rs)

Frize 4.75% 21600.00 0.00 21600.00 3478.00 1026.00 4504.00 17096.00 18122.00Air conditioner 4.75% 172787 0.00 172787.00 12312.00 8207.00 20519.00 152268.00 160475.00

HomeTheater 4.75% 8000 223500.00 231500.00 649.00 5951.00 6600.00 224900.00 7351.00

Office Equipment 4.75% 45864 0.00 45864.00 2361.00 2179.00 4540.00 41324.00 43503.00

Water Purifier 4.75% 7190 15180.00 22370.00 342.00 672.00 1014.00 21356.00 6848.00

Camera 4.75% 248668 0.00 248668.00 2468.00 11812.00 14280.00 234388.00 246200.00

Office Premises 1.63% 1839413 0.00 1839413.00 32481.00 29982.00 62463.00 1776950.00 1806932.00

Furniture & 0.00 0.00

Fixture 6.33% 385191.00 10470.00 395661.00 48524.00 24610.00 73134.00 322527.00 336667.00

Computer 16.21% 194788.00 219458.00 414246.00 92655.00 52126.00 144781.00 269465.00 102133.00

Maruti Ambulance 9.50% 276000.00 0.00 276000.00 17480.00 17480.00 34960.00 241040.00 258520.00

Motor Cycle 9.50% 0.00 110900.00 110900.00 0.00 7024.00 7024.00 103876.00 0.00

Motor Car 9.50% 1790918.00 3080108.00 4871026.00 418254.00 362384.00 780638.00 4090388.00 1372664.00

Total (Rs) 4990419.00 3659616.00 8650035.00 631004.00 523453.00 1154457.00 7495578.00 4359415.00


PRIVATE LIMITED

Director Director


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SCHEDULE 'A'

FIXED ASSETS SCHEDULE AS ON 31-03-2010

Assets Total Depreciation

Frize 15% 16524.00 0.00 0.00 16524.00 2479 14045 16524.00

Air conditioner 15% 124839.00 0.00 124839.00 18726 106113 124839.00

HomeTheater 15% 5780.00 110750.00 0.00 116530.00 17480 99051 5780.00

Office Equipment 15% 36060.00 36060.00 5409 30651 36060.00

Office Premises 10% 1572698.00 1572698.00 157270 1415428 1572698.00

Furniture & 0

Fixture 10% 317220.00 0.00 10470.00 327690.00 32246 295445 317220.00

Computer 60% 31815.00 124900.00 94558.00 251273.00 122396 128877 31815.00

Motor Car 15% 1293938.00 2961094.00 119014.00 4374046.00 647181 3726865 1293938.00

Motor Cycle 15% 0.00 110900.00 0.00 110900.00 16635 94265 0.00

Camera 15% 230018.00 0.00 0.00 230018.00 34503 195515 230018.00

Water Purifier 15% 6112.00 0.00 15180.00 21292.00 2055 19237 6112.00

15% 276000.00 0.00 0.00 276000.00 41400 234600.00 276000.00

TOTAL 3911004.00 3307644.00 239222.00 7160578.00 1097778.50 6360091.50 3911004.00

FOR SHAKTI PROPERTY DEVELOPERS 559664.50

PRIVATE LIMITED

Rate ofDepreciation

Opening

Balance ason 1-04-2009

Addition upto30-9-2009 Additionafter30-9-

2009



Maruti OmniAmbulance


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Director Director

Date:


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INCOME TAX

Name : SHAKTI PROPERTY DEVELPOERS PVT. LTD.

Address : Shop no 27/28 Wing P Sharda Vihar Shakti

Complex Charkop Kandivali (W), Mumbai-400067.

PAN NO. : AAAECS8479E

Status : COMPANY

Assessment Year : 2009-2010

STATEMENT OF COMPUTATION OF TOTAL INCOME : (AMOUNT IN Rs.)

Business Income

Net Profit as per Profit & Loss Account 1240864.00

TDS, deducted but not paid 124652.00

Donation 156412.00

Provision for Deferred Tax 120436.00

Provision for Taxation 700000.00

Provision for FBT 26200.00 1127700.00

Depreciation Considered Seperately 288160.00

Gross Total Income 2656724.000.00

Taxable Income 2656724.00

Rounded off 2118610.00

Calculation of Income Tax

Income Tax on Rs. 2118610 635583.00

19067.00

654650.00

Add. Interest 45350.00

700000.00

100000.00

0.00 100000.00

S. A PAYABLE 600000.00

S.A. PAID 600000.00

Add : Disallowable Items

Less : Depreciation Allowable as per I.T. Rule

Add: Education Cess Tax 3%

Less: Advance tax

Less: TDS


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differeed tax

wdv a sper I t 0.00wdv as per comp 4090388.00

4090388.00

33.99% 1390323

37580

1352743


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shaktiproprety bs 2009-10 orignal

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