SCHEDULE VIII

The Bombay Public Trusts Act, 1950. [ Vide Rule 17 (1) ]

Name of the Public Trust : PRAKRUTI Registration No. - F - 12998
Balance Sheet as at 31.03.2006
LIABILITES & ADVANCES AMOUNT AMOUNT PROPERTY AND ASSETS AMOUNT AMOUNT
Trust Funds or Corpus :- Immovable Properties:- (at cost)
Balance as per last Balance Sheet 65,400.00 Balance as per last Balance Sheet -
Add : For life Membership 500.00 65,900.00 Additional during he year -
Less : sale during the year -
Other Earmarked Funds :- Depreciation up to date - -
As per last Balancesheet 36,958.25
Add: Add this year 36,958.25 Invesments :-
(Created under the provision of the trust The Laxmi Vilas Bank 45,000.00
deed or scheme or out of the Income) Add:- additional during the year 20,000.00 65,000.00
Depreciation Fund - HDFC 55,000.00
Sinking Fund -
Reserve Fund - -
Furniture & Fixtures :-
Loans (Secured or Unsecured) :- Media Items & Reference Books
From Trustees - Balance as per last Balance Sheet 3,853.28
From Other - Additional during the year -
Less : sales during the year -
Liabilities :- Depreciation up to date 385.33 3,467.95
For Expenses -
For Advances -
For Rent and Other Deposits - Income Outstanding :-
For Sundry Credit Balance - Rent -
- Interest -
Provision :- Other Income -
Audit fees 551.00
paid during the year 551.00
Provision for audit fees & return filing 1,234.64 1,234.64
Cash and Bank Balances :-
Income and Expenditure Account :- a) Cash In Hand -
Bal. as per last Balance Sheet 20,525.58 b) In Saving Account with LaxmiVilas bank -
Less : Appropriation , if any - In Fixed Deposit Account with 6,996.55
Add : Surplus 5,846.03 c) with the trustee -
Less : Deficit (As per I & E A/c) - 26,371.61 d) with the Manager - 6,996.55

Total 130,464.50 Total 130,464.50

As per our report for even date + Income Outstanding : The above Balance Sheet to the best of
(if accounts are kept on my/our contains a true account of the
cash basis) funds & Liabilities & of the property
Rent : & assets of the Trust
________________________ Interest :
Dated at ______________ Chartered Accountants _____________
Auditors Trustee
 REPORT OF AN AUDITOR RELATING TO ACCOUNTS
AUDITED UNDER SUB-SECTION (2)OF SECTION 33 & 34
AND RULE 19 OF THE BOMBAY PUBLIC TRUSTS ACT.

Registered Number :- F - 12998

Name of the Public Trust :- PRAKRUTI
For the year ending 31.03.2006
a.Whether accounts are maintained regularly and in accordance YES
with the provisions of the Act and the rules :
b. Whether receipts and disbursements are properly and correctly YES
shown in the accounts :
c.Whether the cash balance and vouchers in the custody of the YES
manager or trustee on the date of audit were in agreement with the
accounts :
d.Whether all books, deeds, accounts, vouchers or other documents YES
or records required by the auditor were produced before him ;
e.whether a register of movable and immovable properties is properly
maintained, the changes therein are communicated from time to N.A.
time to the regional office,and the defects and inaccuracies mentioned
in the provious audit report have been duly complied with :
f.whether the manager or trustee or any other person required by the -NO-
auditor to appear before him did so and furnished the necessary
information required by him ;
g.Whether any property or funds of the trust were applied for any object -NO-
or purpose other than the object or purpose or the trust
h.The amounts of outstanding for more than one year and the amounts -NIL-
written off if any ;
i.Whether tenders were invited for repairs or construction involving -N.A.-
expenditure exceeding Rs.5000/-
j.whether any money of the public trust has been invested contrary -NO-
to the provisions of Section 35 ;
k.Alienations, if any, of the immovable property contrary to the -NO-
provisions of Section 36 which have come to the notice of the auditors
l.All cases of irregular,illegal or improper expenditure, or failure or
ommission to recover monies or other property belonging to the public
trust or of loss or waste of money or other property thereof, and
whether such expenditure,failure omission,loss or waste was caused -NO-
in consequence of breach of trust or misapplication or any other
misconduct on the part of the trustees or any other person while in
in the management of the trust
m.Whether the budget has been filed in the form provided by rule 16A ; -NO-
n.Whether the maximum and minimum number of the trustees in maint. -YES-
o.Whether the meetings are held regularly as provided in such -NO-
instrument
p.Whether the minute books of the proceedings of the meeting is YES
maintained.
q.Whether any of the trustees has any interest in the investment of -NO-
the trust :
r.whether any of the Trustees is a debtor or creditor of the trust -NO-
s.Whether the irregularities pointed out by the auditors in the accounts NIL
of the previous year have been duly complied with by the trustees
during the period of audit :
t.Any special matter which the auditor may think fit or necessary -NO-
to bring to the notice of the Deputy or Assistant Charity Commissioner.

Chartered Accountants
Dated at 11/09/2006 Auditor
 PRAKRUTI

LIST OF THE TRUSTEES

SR.NO NAME ADDRESS

1 Mr.Kisan Gokuldas Mehta `Rajiv' 620, 4th Floor,

Jame Jamshed Road,
Parsi Colony, Mumbai :- 400 014

2 Mr.Krishna R.Date Chaitravan, Hanuman Cross Road

Vile Parle (E), Mumbai : 400 057

3 Mr.Vijay V.Bhatt I/1, Niranta Condominium,

Bibrewadi, Pune - 411 037

4 Dr.Kamesh T.Doshi Jamnotri, 26th Road,

Bandra (W), Mumbai - 400 050

5 Mr.Sudhir S.Naik B-2, Sanjivani Society

Shahaji Raje Marg,
Andheri (E) Mumbai - 400 057

6 Mr.Ravindra.J.Bole 9, Deepa, Malvia Road

Vile Parle (E), Mumbai - 400 057
NAME : PRAKRUTI

ADDRESS : Rajiv , Fourth Floor, 620, Jame Jamshed Road,

Dadar(East), Mumbai-400014

STATUS : Public Charitable Trust (08)

ASSESSING OFFICER : II (I)

WARD/CIRCLE

PAN NO. : AABTP0564D

ASSESSMENT YEAR : 2006-2007

COMPUTATION OF INCOME

Gross Receipts 30,824.00

Less : 15% Accumulation 7,706.50
23,117.50
Less : Gross Expenditure 24,977.97
(1,860.47)
Less: Exempt U/s 11(2) (1,860.47)
TAXABLE INCOME NIL

TAX PAYABLE NIL