SHASTII STONES

Muniswamy Compound, Harapanhalli Gate, Jigani

Anekal Taluk, Bangalore - 560105

PROVISIONAL BALANCE SHEET AS ON 31ST MARCH 2016

PARTICULARS SCHEDULE AMOUNT

SOURCES OF FUNDS:

Capital Account
Partner's Capital Account 1 14004617.30

Loans & Liabilites

Unsecured Loans 7833970.00
Bank CC Account 4233188.00

Current Liabilities
Provisions 595000.00
Sundry Creditors 567800.00

TOTAL 27234575.30

APPLICATION OF FUNDS:

Fixed Assets 2 1648138.00

Investments 115336.00

Current Assets
Inventories 18865000.00
loans & Advances 635008.00
Deposits & Assets 2600001.00
Sundry Debtors 2850420.00
Cash & Bank Balance 520672.30

TOTAL 27234575.30 0.00

For Shastii Stones For BHANDARI PINCHA & SURANA

Chartered Accountants

Partner
Partner
Place:- Bangalore (Mukesh Surana)
Date: 08/02/2016 Membership No. 077745
 SHASTII STONES
Muniswamy Compound, Harapanhalli Gate, Jigani
Anekal Taluk, Bangalore - 560105

Assessment Year 2016-17 Year ended 31/03/2016

PROVISIONAL PROFIT & LOSS ACCOUNT AS ON 31ST MARCH 2016
PARTICULARS AMOUNT PARTICULARS AMOUNT
To Opening Stock 13284822.48 By Sales 43504200.00
To Purchase 40100000.00

To Direct Expenses By Closing Stock 18865000.00

To Fright Charges 593480.00
To Loading & Unloading Charges 360900.00

To Gross Profit C/d 8029997.52

62369200 62369200.00

Indirect Expenses By Gross Profit B/d 8029997.52

To Audit Fees 30000.00

To Bank Charges 68232.00
To Loan Processing Charges 105000.00
To Conveyance Charges 326281.5
To Depreciation 208508.00
To Discount & Rebate 217521
To Electricity Exp. 108760.5
To Office Expenses 413289.9
To Interest on CC 458000
To Rent 960000
To Salary 2200000
To Staff Welfare 252324.36
To Telephone Exp. 65256.3
To Vehicle Maintenance 100059.66

To Net Profit Before Remuneration

To Remuneration to Partners 1000000

To Net Profit 1516764.3

TOTAL 8029997.52 8029997.52

For Shastii Stones For BHANDARI PINCHA & SURANA
Chartered Accountants

Partner
Partner
Place:- Bangalore (Mukesh Surana)
Date: 08/02/2016 Membership No. 077745
 SHASTII STONES
Muniswamy Compound, Harapanhalli Gate, Jigani
Anekal Taluk, Bangalore - 560105

Schedule -1 Amount
Partners Capital Account
Sri Raghvendra N.
By Capital Opening Balance 8219132.5
By Remuneration to Partners 500000.00
By Net Profit 758382.149999998 9477514.65

To Balance C/F 9477514.65

Monisha R.
By Capital Opening Balance 3268720.5
By Remuneration to Partners 500000.00
By Net Profit 758382.149999998 4527102.65

To Balance C/F 4527102.65

 SHASTII STONES
Muniswamy Compound, Harapanhalli Gate, Jigani
Anekal Taluk, Bangalore - 560105

Assessment Year: 2016-17

Schedule -2 Depreciation Chart

W.D.V. As Additions Depreciation

ASSETS On Second Del. TOTAL
1.04.2015 First Half RATE
Half

A Frame 125831.00 - - - 125,831.00 10.00%

Building 1248223.00 - - - 1,248,223.00 10.00%

-
Hero Honda Splender 15725.00 - - - 15,725.00 15.00%
-
Hero Honda Pro 41131.00 - - - 41,131.00 15.00%
-
Television 25736.00 - - - 25,736.00 10.00%
-
Car - 400000 - - 400,000.00 15.00%
-
GRAND TOTAL 1456646.00 400000 - - 1,856,646.00
ani

Depreciation
WDV As On
AMOUNT 31.03.2016

12,583.00 113,248.00

124,822.00 1,123,401.00
-
2,359.00 13,366.00
-
6,170.00 34,961.00
-
2,574.00 23,162.00
-
60,000.00 340,000.00

208,508.00 1,648,138.00