Invincible Manufacturing Unit

New Delhi

PROVISIONAL BALANCE SHEET AS ON 31/03/2022

LIABILITIES AMOUNT ASSETS AMOUNT

PROP.CAPITAL A/C FIXED ASSETS 444227.00

Shri Vineet Dahiya 4039911.00
Add: Net Profit 950000.00
4989911.00 INVESTMENTS 600000.00
Less: Drawing 360000.00 FDR & NSC including Interest
4629911.00

SECURED LOANS DEPOSIT

Union Bank of India 500000.00 Reliance Security 50000.00
Car Loan 69000.00
CURRENT ASSETS
UNSECURED LOANS Closing Stock 4578000.00
Vimmy Narula 298560.00 Sundry Debtors 450000.00
Jagdish Narula 320290.00 Cash in Hand 207534.00
Axis Bank 28000.00
CURRENT LIABILITIES & Union Bank of India 200000.00
PROVISION
Sundry Creditors 728000.00
Audit Fee Payable 12000.00

6557761.00 6557761.00

-
 Invincible Manufacturing Unit
New Delhi
PROVISIONAL TRADING & PROFIT AND LOSS ACCOUNT
FOR THE PERIOD ENDED 2022

PATICULARS AMOUNT PARTICULARS AMOUNT

To Opening Stock 8000000.00 By Sales 10000000.00

To Purchases Less Returns 15550000.00 By Closing Stock 4578000.00

To Gross Profit 1278000.00

24828000.00 14578000.00

To Audit Fess 12000.00 By Gross Profit 1278000.00

To Bank Charges 15000.00 By Discount & Scheme 700000.00
To Conveyance Expenses 45000.00
To Bank Interest 50000.00
To Car Loan Interest 15000.00
To Depreciation 74737.00
To Electricity Expenses 87000.00
To Insurance 9268.00
To Misc Exp 45038.00
To Printing & Stationery 3500.00
To Shop Insurance 4675.00
To Stock Insurance 5782.00
To Salary Expenses 504000.00
To Rent Expenses 120000.00
To Swipe Machine Rent 25000.00
To Telephone Expenses 12000.00

To Net Profit 950000.00

1978000.00 1978000.00
(10,250,000.00)

-
 Invincible Manufacturing Unit
New Delhi

SCHEDULE OF FIXED ASSETS AS AT 31.03.2022

S.No. Name of the Assets W.D.V. Additions Disposals Profit/ (Loss) Total (Rs.) Depreciation W.D.V.
As At 01.04.2021 04.10.2021 Rate Total As At
01.04.2021 to to (%) 31.03.2022
03.10.2021 31.03.2022

1 Motor Car 103,300.00 - - - - 103,300.00 15% 15,495.00 87,805.00

2 Steel Furniture 62,157.00 - - - - 62,157.00 10% 6,216.00 55,941.00
3 Car Grand I-10 353,507.00 - - - - 353,507.00 15% 53,026.00 300,481.00

Total 518,964.00 0.00 0.00 0.00 0.00 518,964.00 74,737.00 444,227.00