KOCHAR. ASSOCIATES GHARTERED ACCOUNTANTS: ‘m2, Swapnabhec, KW, 5X, Bole Rood, Dadar (Wes, a -400 08, Tol Fan: 267 Sonne 24225490 mat = rln@iorharaseoctes.con, soca essoiaex@yanoa.cem is Sia wawkeenraneate. com STATUTORY AUDIT REPORT OF SHREE SIDDHIVINAYAK GANAPATI TEMPLE TRUST, PRABHADEVI for the year ended 31 March, 2011 We have audited the attached Balance Sheet of Shree Siddhivinayak Ganapati ‘Temple Trust, Prabhadevi as on 31% March, 2011 and its Income & Expenditure Account for the year ended on that date annexed thereto, as required by Shree Siddhivinayak Ganapati Temple Trust, (Prabhadevi) Act, 1980 passed by the Maharashtra State Legislature and report that — 1) These Financial Statements are the responsibility of the Trust’s Management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in India, Those standards require that we plan and perform the audit to obtain reasonable assurances about whether the financial statements are free of material misstatement. An audit includes examination on a test basis, evidence supporting the amounts and disclosures in the Financial Statements. An audit also includes assessing the accounting principles used and significant estimations made by the management as well as evaluating the overall financial statements presentation, We believe that our audit provides a reasonable basis for our opinion. 2) We have obtained all the information and explanation, which to the best of our knowledge and belief were necessary for the purpose of our audit. Branch Offic (0.78177, Arhané Nagar Nko| Rood, Nevada, Anmedabed 382525 + Tel 07o-22012019 Email : deepsi@ocharastociaies.com + kochar_aesooalas@lyahoe com3) In our opinion, proper books of accounts have been kept by Shree Siddhivinayak Ganapati Temple Trust, Prabhadevi, Mumbai, so far as it appears from the examinations of these books. 4) The Balance Sheet and Income é Expenditure Account are in agreement with the books of accounts maintained and produced before us. 5) In our opinion and to the best of our knowledge and according to the explanations given to us and shawn by the books of Shree Siddhivinayale Ganapati Temple Trust, Prabhadevi, Mumbai, the said accounts subject to Notes to Accounts, give true and fair view = i) In case of balance shect of the state of affairs of Shree Siddhivinayak Ganapati Temple Trust, Prabhadevi, Mumbai as on 31.03.2011. ii) In case of Income & Expenditure Account of surplus of Shree Siddhivinayak Ganapati Temple Trust, Prabhadevi, Mumbai for the year ended on that date. For Kochar & Associates Chartered Accountants FRN 105256 W AD Feo al 4 CA Yagnesh C. Dalal Place: Mumbai Partner Date: Membership no. 035619 Honorary AuditorsSHREE SIDDHIVINAYAK GANAPATI TEMPLE TRUST, PRABHADEVI BALANCE SHEET AS AT 31ST MARCH, 2011. ‘Schedule ToT 2005-10 No. Rs Rs, SOURCES OF FUND, ‘Trust Fund & Other Earmarked Funds 1 2,048, 829,656 1683,703,737 TOTAL, 2,889 6G 1.683,708,737 ABPLICATION OF FUNDS Fined Assets 2 Opening Balance 192,564,395 173,868,580 173,868,580 ‘Add:During the year 79,485,260, 39,407,265 772,019,664 Ti3272,885 Less : Sold “Adjusted During the year 562,051 1,084,278 3 Less : Depreciation 8,320,755 94024172, Closing Balance 263,136,859 192,568,398 Omaments & Articles 3 340,622,582 285,745,697 Tavestments a 1,396,483,047 1,165,137,414 (Current Assets, Loans & Advances nidry Debiors 8 74973 ~revances 9 16,717,825 ‘Loan to Staft 10 14300 Deposits un 901,687 943,584 Cash & Bank Balance Dn 54,326,475 29,376,379 58,978,065 47,126,961 Less : Current Liabilities & Provision Sundry Creditors B 10;390,897 70,730 10,390,897 a." [Net Current Assets 45,587,165 40,256231 Rehabalitation Exp. : 5 TOTAL, 2,048,529,656 683,703,737 Notes to Acconmis 4 AS PER OUR REPORT OF EVEN DATE FOR KOCHAR & ASSOCIATES (CHARTERED ACCOUNTANTS PRN, WSt36W ey) Mal Demtestinisa omy) CA VAGNESHG. DALAL AG) PARTNER, M.NO.035619 HONORARY AUDITORS PLACE: MUMBAL DATE. : 25097011 FOR SHREE SIDDHIVINAYAK GANAPATI Rue a pany keine OFFICER Bb Wun REASURER CHAIRMAN