Business Profile

SESCOM INFO SOL UTIONS FZE

P R E PAR E D B Y

HAKKIM AKKALLATH

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Table of Contents
................................................................................................................. 3
Introduction
........................................................................................................... 3
. . . . . . Us
About
. . . . . . .of
Scope ........................................................................................................ 3
. . Work
......................................................................................................... 3
. . . . . . . .Timeline
Project
............................................................................................................. 3
. . . . Summary
Fee
........................................................................................................ 4
. . . . . . . . . Schedule
Payment
. . . . . . .and
Terms ...................................................................................................... 4
. . . .Conditions
................................................................................................................. 5
Acceptance

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Introduction
Our Vision is to make Sescom IT Solutions FZE the most innovative Trading Company, provides end-to-end supply chain
solutions for all categories of Information Technology, Telecom, Digital Lifestyle products. At Sescom we strive to provide
our clients with best of services customized to meet their unique needs through effective collaboration, management, and
optimization of its integrated value chain.

About Us
We have metamorphosed from a Volume distributor of IT Products to the leading value-added Distributor in the country.
Today, apart from distributing computing devices meant for consumers, we also provide customized solutions from the
world’s leading technology vendors to help corporates address their business challenges and deliver outcomes that lead to
enhancement of productivity and better experience for their individual customers,

Scope of Work
Our Vision is to make Sescom IT Solutions FZE the most innovative Trading Company, provides end-to-end supply chain
solutions for all categories of Information Technology, Telecom, Digital Lifestyle products.

Project Timeline
Description Start Completion

WAREHOUSE SPACE SHARING 04/11/2023 03/11/2024

Fee Summary
Description Unit Price Quantity Amount

TOTAL SPACE 546 SQM WILLDEVIDED IN TO TWO 392.55 273.00 107,166.15

INSURANCE (WORKMEN COMPANSAION AMD PUBLIC LIABILITY 450.00 2.00 900.00

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 DISCLAIMER
The following disclaimer is important and should be read carefully. This disclaimer
governs the use of this Management Report of Sescom Info Solutions FZE for the
period of 1 October 2022 to 30 June 2023 and any other related documents.
The Management Report is provided for informational purposes only and is not
intended to be relied upon as a source of investment advice. The report contains
forward-looking statements that are subject to various risks and uncertainties, which
could cause actual results to differ materially from those projected in the statements.
The statements in this report are based on current expectations, assumptions,
estimates, and projections, and are subject to change without notice. ZBS Accounting
and Bookkeeping makes no representations or warranties, either express or implied,
as to the accuracy, reliability, or completeness of the information contained in the
report, or the adequacy or completeness of the assumptions or methodology used to
prepare the report.
The information contained in this report should not be construed as a
recommendation or solicitation to buy or sell any securities or financial instruments.
Any decision to invest in Sescom Info Solutions FZE or any other company should be
made only after conducting a thorough analysis of all available information and
seeking advice from a professional investment advisor.
ZBS Accounting and Bookkeeping disclaims any responsibility for any direct, indirect,
or consequential loss or damage arising from or in connection with the use of this
report, including any errors or omissions in the information contained in the report.
By accessing and using this report, you agree to be bound by the terms of this
disclaimer. If you do not agree to these terms, please do not access, or use the report.
ZBS Accounting and Bookkeeping reserves the right to modify or update this
disclaimer at any time without prior notice.

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 Table of Contents

Report to Members. .................................................................................................................................. 4

Statement of Comprehensive Income ................................................................................................... 5
Charts & Graphs ......................................................................................................................................... 8
Sales Analysis .......................................................................................................................................... 9
Sales contribution Analysis .................................................................................................................. 10
Operating Cost Analysis ........................................................................................................................ 11

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 Report to Members.

Structure
Sescom Info Solutions FZE is a legal entity incorporated under the Jabel Ali Free Zone
authority, having the trade license No. 7813911.

Principal Activities
The principal activity of Sescom Info Solutions FZE is clearing agent. The company
primarily operates in UAE.

Designated Members
There are no appointments or resignations during the year. The leadership team and their
current roles in 2023 were:
• HAKKIM AKKALLATH MAHAMOOD IBRAHIM

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 Statement of Comprehensive Income
For the period 1st October 2022 – 30th June 2023

Contribution Contribution to
PARTICULARS AMOUNT
(%) Sales (%)
Banking Services 795.35 0% 0%
Customs Stock Clearing Export BOE 18,634.70 6% 6%
Customs Stock Clearing Import BOE 36,159.10 11% 11%
DO Collection Charges 800.00 0% 0%
Documentation and Handling Charges 23,709.18 7% 7%
Document Missing 3,750.00 1% 1%
Importer Code Usage Fee 2,250.00 1% 1%
Sales 2022 79,912.68 24% 24%
Service Charges 1,000.00 0% 0%
Shipment Collection and Delivery 1,61,160.95 49% 49%
VAT Invoice 3,220.00 1% 1%

TOTAL REVENUE (A) 3,31,391.96 100% 100%

DIRECT EXPENSES
BOE Charges 8,400.00 52% 3%
Customs Clearing Charges BOE 845.00 5% 0%
Labour Charges 270.00 2% 0%
Mofaic Attestation Fee 305.71 2% 0%
Office Stationery Toner Cartridge 4,056.75 25% 1%
Pickup Release 2,200.00 14% 1%
TOTAL COST OF GOODS SOLD (B) 16,077.46 100% 5%

GROSS PROFIT (C) = (A – B) 3,15,314.50 95%

Shipment Handling Charges 8,000.00 65% 2.41%
Storage Charges 4,216.28 35% 1.27%

Other income (D) 12,216.28 100% 3.69%

Staff Allowances
Fuel Allowance 19,000.00 6% 6%

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Staff Allowance 1,000.00 0% 0%
Ticket Allowance 1,600.00 1% 0%
Travel Allowance 2,100.00 1% 1%

Salary Expenses
Salary- Anju 16,000.00 5% 5%
Salary- Hakkim 61,000.00 20% 18%
Salary- Javad 15,700.00 5% 5%
Salary- Nazar Fayiz Aliyan 2,300.00 1% 1%
Salary- Ramshad Kudru 1,700.00 1% 1%

Freight Related Expenses

Air Freight Charges- Exp 13,825.22 4% 4%
Cargo Handling Charges 1,150.00 0% 0%
Courier Charges 231.00 0% 0%
Import For Gate Pass 7,959.00 3% 2%
Outsourcing License Fee 2,000.00 1% 1%
Pickup Charges 33,755.00 11% 10%
Pickup Release and Gate Pass 39,150.00 13% 12%
Sea Freight Charges 24,663.85 8% 7%
Sescom Stock Clear 2,565.73 1% 1%
Stock Clearing Charges 11,133.51 4% 3%
Storage Charges- Exp 4,795.34 2% 1%

Other Expenses
Commission 8,616.17 3% 3%
Miscellaneous Expenses 2,653.00 1% 1%
Discount Allowed 100.00 0% 0%
Gate Pass 178.50 0% 0%
Round Off 47.75 0% 0%
Wps Processing Charges 595.95 0% 0%

Office Expenses
Mobile Charges 920.00 0% 0%
Office Expenses 4,228.00 1% 1%
Office Internet Expenses 7,533.00 2% 2%
Printing and Stationary 900.00 0% 0%
Telephone Charges 1,224.00 0% 0%

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Legal Expenses
DO charges 1,346.12 0% 0%
Dubai Trade Subscriptions Exp 12,285.00 4% 4%
Transfer Document to Aliz Logistics 3,300.00 1% 1%
Transfer Document to Signature Mark 1,030.00 0% 0%

Transportation Allowance 1,200.00 0% 0%

Total Indirect Expense (E) 3,07,786.14 100% 93%

Net Income (F) = (C + D - F) 19,744.64 100% 6%

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Charts & Graphs

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Sales Analysis

Sales Analysis

Banking Services
0%
0%
1%
1%
1% 6% DO Collection Charges
7%
Service Charges

11% Importer Code Usage Fee

49%
VAT Invoice
Document Missing
24% Customs Stock Clearing Export BOE
Documentation and Handling Charges
Customs Stock Clearing Import BOE
Sales 2022
Shipment Collection and Delivery

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Sales contribution Analysis

Sales Contribution

2%2%

50% Direct Income

46%
Indirect Expenses
Direct Expenses
Other Income

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 0.00
10000.00
20000.00
30000.00
40000.00
50000.00
60000.00
70000.00
SALARY- HAKKIM
PICKUP RELEASE AND GATE…
PICKUP CHARGES
SEA FREIGHT CHARGES
SALARY- ANJU
Operating Cost Analysis

SALARY- JAVAD
AIR FREIGHT CHARGES- EXP
DUBAI TRADE…
STOCK CLEARING CHARGES
COMMISSION
IMPORT FOR GATE PASS
OFFICE INTERNET EXPENSES
STORAGE CHARGES- EXP
OFFICE EXPENSES
TRANSFER DOCUMENT TO…
MISCELLANEOUS EXPENSES
SESCOM STOCK CLEAR
SALARY- NAZAR FAYIZ ALIYAN
OUTSOURCING LICENSE FEE
SALARY- RAMSHAD KUDRU
Operating Expense

DO CHARGES
TELEPHONE CHARGES
TRANSPORTATION…
CARGO HANDLING CHARGES
TRANSFER DOCUMENT TO…
MOBILE CHARGES
PRINTING AND STATIONARY
WPS PROCESSING CHARGES
COURIER CHARGES
GATE PASS
DISCOUNT ALLOWED
ROUND OFF

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