Name of Society: Hill View Co Op Hsg Society Ltd

Income & Expenditure A/c for the year ended 31/03/2014

P. Y. Amt (Rs) Amt (Rs) P. Y. Amt (Rs) Amt (Rs)
To Bank Charges 800 By Contribution From M
To Salary 51000 Property Tax 36000
Add: Prov for C Y 3500 54500 Water Chgs 170000
To Conveyance 1100 Lift maintenance 80000
To Rent & Rates 25100 Service Chgs 270000
To Postage & Telepohone 4000 Insurance 22000 578000
Add: Prov for Tel. C Y 1200 5200
To Printing & Stationery 22000 By Interest on Bank 16000
Add: Prov for Statio C Y 500 22500 By Int from Members 224000
To Audit Fees 7000
To Sundry Exps 1800
To Depreciation
Furniture 1200
Water Pump 2850
 Fire Extinguishers 2550
Garbage Trolly 750
Water Tank 1050 8400
To Elec Chgs 30400
To Water Chgs 158000
To Security Chgs 41800
To Lift maintenance 50400
To Fire Insurance 48000
Less: Advc in CY 4500 43500
To Accounting Chgs 32000
To Education Fund 300
To Surplus 335200
818000 818000

Balance sheet as on 31/03/2014

P. Y. Amt (Rs) Amt (Rs) P. Y. Amt (Rs) Amt (Rs)
I. Share Capital 150000 I. Cash & Bank Balance
Cash 1518
II. Reserve & Other Funds Bank Balance 770482 772000
Sinking Fund 160000
Add: Int Accrued 2200 II. Investments
Add: Cont. from Members 25000 187200 Sinking Fund Invst 55800
Add: Int Accrued 2200 58000
Repair Fund 158000
Add: Int Accrued 2000 Repair Fund Invst 141600
Add: Cont. from Members 30000 190000 Add: Int Accrued 2000 143600

Reserve Fund 21800 Reserve Fund Invst 40000

Add: Int Accrued 12200 34000 Add: Int Accrued 12200 52200

III. Deposits III. Sundry Debtors

Dues from Members 25000
IV. Current Liabilities &
Provisions IV. Fixed Assets
Prov for C Y Furniture 12000
Salary 3500 Less: Dep @ 10% 1200 10800
Telephone 1200 Water Pump 19000
Stationery 500 Less: Dep @ 15% 2850 16150
Education Fund Payable 300 5500 Fire Extinguishers 17000
Less: Dep @ 15% 2550 14450
Garbage Trolly 5000
Less: Dep @ 15% 750 4250
Water Tank 7000
Less: Dep @ 15% 1050 5950
 V. Income & Exp. A/c V. Other Assets
Balance 224000 Prepaid Insurance 4500
Add: Surplus 335200 559200 Deposit with Reliance 19000

1125900 1125900

Memorandum Appropriation Account

To Reserve Fund (25%) 83800 By Bal B/d ( I & E A/c) 224000
To Bal C/d 475400 By Surplus for the year 335200
559200 559200