Scribd
Upload
116 views6 pages

Sri Sai Kisan Sewa Kendra Audit FY 2020-21

1. M/S Sri Sai Kisan Sewa Kendra's trading, profit and loss account for the year ending March 31, 2021 shows a net profit of Rs. 683,358 which was transferred to the proprietor's capital account. 2. The balance sheet as of March 31, 2021 lists total assets of Rs. 12,781,430 including fixed assets of Rs. 8,159,922 and total capital and liabilities of Rs. 12,781,430 including proprietor's capital of Rs. 4,302,496. 3. Major purchases for the year included Rs. 45,207,439 from IOCL and Rs. 22,979,488 of grains and seeds

Uploaded by

Ca Nishikant mishra
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
116 views6 pages

Sri Sai Kisan Sewa Kendra Audit FY 2020-21

1. M/S Sri Sai Kisan Sewa Kendra's trading, profit and loss account for the year ending March 31, 2021 shows a net profit of Rs. 683,358 which was transferred to the proprietor's capital account. 2. The balance sheet as of March 31, 2021 lists total assets of Rs. 12,781,430 including fixed assets of Rs. 8,159,922 and total capital and liabilities of Rs. 12,781,430 including proprietor's capital of Rs. 4,302,496. 3. Major purchases for the year included Rs. 45,207,439 from IOCL and Rs. 22,979,488 of grains and seeds

Uploaded by

Ca Nishikant mishra
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
You are on page 1/ 6

M/S SRI SAI KISAN SEWA KENDRA

PORP.- VINAY KUMAR


JAGDISHPUR, SAHEBGANJ, MUZAFFARPUR 843125
TRADING, PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED ON 31st MARCH 2021

PARTICULARS SCH. AMOUNT PARTICULARS SCH. AMOUNT

To,Opening Stock 1,958,456.00 By, Sales :- 69,976,571.00


Purchase Accounts 68,186,927.00 ###

Gross Profit transferred Closing Stock 1,958,456.00


to P/L Account 1,789,644.00 ###
71,935,027.00 71,935,027.00
To, Salary & Wages 362,000.00 By, Gross Profit B/D 1,789,644.00
Audit Fee 20,000.00 Other Income 210,291.00
DOD Default 89,560.00
Electric & Genertor 85,645.00
Pump Repair & Main. 127,986.00
Depreciation 38,487.00
Puja Expences 6,451.00 ###
Staff walefare 35,000.00 ###
Accounting Charges 24,000.00 ###
Telephone & Mobile 16,436.00 ###
Bank Interest and Charges 269,042.00 ###
Misc Expenses 112,500.00 ###
Legal Fee 15,000.00 ###
Stationary & Printing 12,432.00 ###
Travilling Exps. 102,038.00 ###
###
Net Profit Transferred ###
to Proprietor's Capital A/C 683,358.00 ###
1,999,935.00 1,999,935.00

As per our annexed shedules and notes to accounts


Signed in terms of our report of even date issued
in Form No 3CB U/S 44AB Of I.T Act 1961.

PLACE: patna M/S SRI SAI KISAN SEWA KENDRA


FOR NAVIN SINHA & CO
Chartered Accountant
(NAVIN KUMAR SINHA

Membership NO.-508577
UDIN-22508577AHJFTY9453 VINAY KUMAR
15.03.2022 PROPRIETOR
M/S SRI SAI KISAN SEWA KENDRA
PORP.- VINAY KUMAR
JAGDISHPUR, SAHEBGANJ, MUZAFFARPUR 843125
Balance Sheet as at 31st March 2021

CAPITAL & LIABILITIES SCH. AMOUNT ASSETS & PROPERTIES SCH. AMOUNT

PROPRIETOR'S CAPITAL A' 4,302,496.00 FIXED ASSETS B' 8,159,922.00

SECURED LOAN A/C :- CURRENT ASSETS:


OD A/C 7,900,000.00 Stock in Trades 1,958,456.00
Sundry Debtors 1,289,308.00
Others Receivable 1,013,310.00

CURRENT LIABILITIES :- Cash & Bank Balance :-


Audit Fee Payable 20,000.00 Cash In Hand at Bank 360,434.00
Legal Fee Payable 5,000.00
Others Liabilties 553,934.00

12,781,430.00 12,781,430.00 -

As per our annexed shedules and notes to accounts


Signed in terms of our report of even date issued
in Form No 3CB U/S 44AB Of I.T Act 1961.

PLACE: patna M/S SRI SAI KISAN SEWA KENDRA


FOR NAVIN SINHA & CO
Chartered Accountant
(NAVIN KUMAR SINHA
S/D
VINAY KUMAR
Membership NO.-508577 PROPRIETOR
UDIN-22508577AHJFTY9453
15.03.2022
M/S SRI SAI KISAN SEWA KENDRA
PORP.- VINAY KUMAR
JAGDISHPUR, SAHEBGANJ, MUZAFFARPUR 843125
SCHEDULE OF BALANCE SHEET FOR THE YEAR ENDED ON 31st MARCH 2021

SCHEDULE 'A' OF PROPRIETOR'S CAPITAL


Opening Balance 4,167,517.00
Add: Net Profit 683,358.00 4,850,875.00

Less:- LIP & other 398,379.00


Less:- Withdrawals 150,000.00 548,379.00 4,302,496.00

SCHEDULE 'B' OF FIXED ASSETS


ITEM ADDITION TOTAL RATE DEP. DUR. WDV AS ON
WDV AS YEAR

Land &Building 7,915,692.00 - 7,915,692.00 0% - 7,915,692.00

Furniture & Fixture 78,413.00 - 78,413.00 10% 7,841.00 70,572.00

Tools & Equipment 96,907.00 - 96,907.00 15% 14,536.00 82,371.00

CC TV Camara 107,397.00 - 107,397.00 15% 16,110.00 91,287.00

8,198,409.00 - 8,198,409.00 38,487.00 8,159,922.00


Note: PURCHASES OF TRADED GOODS Mar-21
Purchses from IOCL 45,207,439
Purchses of Grains and seeds 22,979,488

Total 68,186,927

Note: SALES OF TRADED GOODS Mar-21


SALES OF PETROLIUM PRODUCTS 46,179,083 -
Grains and seeds 23,797,488
-
Total 69,976,571
68,186,927.00

69,976,571.00 22,979,488.00

23,797,488.00 55,224,059.00
45,207,439.00

You might also like