SMARTEX PLASTIC INDUSTRIES

SHOP NO 103, HMT WELFARE BHAVAN, OPP TO JNTU KUKATPALLY

MEDCHAL MALKAJGIRI, TELANGANA - 500085

Trading and Profit and Loss Account for the year ending 31-03-2022
Particulars Amont(Rs) Pariculars Amont(Rs)
To Opening Stock 5,071,153 By Sales 13,935,671
To Purchases 10,428,188 By closing stock 5,151,547
To Gross Profit 3,587,877

19,087,218 19,087,218

To Salary & Wages 814,000 By Gross Profit 3,587,877

To Staff Welfare 16,672
To Stationery 18,600
To Vehicle Maintenance 104,894
To Water in Factory 7,050
To Bank Charges 13,049
To Parcel and Courier Charges 7,828
To Transport Expenditure 15,060
To Depreciation 558,041
To Electricity Charges 121,150
To Factory Rent 192,000
To Fuel For Factory 12,115
To Repairs and Maintenance 73,325
To Retail Expenditure 73,635
To Printing & Stationery 6,669
To Office Expenditure 38,723
To Misc Expenditure 26,252
To Int on CC Account 240,752
To Interner Charges 12,050
To Insurance 47,106

To NET PROFIT 1,188,905

3,587,877 3,587,877
 SMARTEX PLASTIC INDUSTRIES
SHOP NO 103, HMT WELFARE BHAVAN, OPP TO JNTU KUKATPALLY
MEDCHAL MALKAJGIRI, TELANGANA - 500085

Balance Sheet as on 31.3.2022

Liabilities Amount Assets Amount
CAPITAL 5,108,603 Fixed Assets
Plant & Machinery 3,131,044
Loans and Advances Furniture 49,536 3,180,580
Bank Overdraft 1,600,000 Current Assets
IDBI Loan 760,000 Closing Stock 5,151,547
Term Loan 1,115,508 Loans and Advances to Related parties 1,236,141
Unsecured Loans 245,296 Sundry Debtors 3,252,415
Current Liabilities Cash and Cash Equivalents
Provision for Taxation 107,320 Cash in Hand 380,333
Sundry Creditors 4,260,986 Cash in Bank 5,261 385,594
Duties Payable 8,564

13,206,277 13,206,277

CAPITAL ACCOUNT (2021-22)

Particulars Amount ( Rs) Particulars Amount ( Rs)
By Balance b/d 3,455,944
To Provision for Taxation 107,320 By Profit for the year 1,188,905
By Additions during year 571,074

To Balance c/d 5,108,603

5,215,923 5,215,923

For Smartex Plastic Industries

Date :- 31/07/2022 Chavan Malleswari

Place : Hyderabad Proprietor
 Depreciation ( 21-22)
Asset Opening Balance Rate Depreciation for the year Closing Balance

Plant & Machinery 3,683,581 15% 552,537 3,131,044

Furniture 55,040 10% 5,504 49,536

Total 3,738,621 558,041 3,180,580