Amar Consumer Society

Trading account & Profit & loss account for the year ended 31st March, 2013
Dr.
Particulars Rs. Rs. Particulars
To Opening stock 40,000 By Sales
To Purchase 1,215,000 Less: Sales Return
Less: Purchase Return -15000 1,200,000 By Closing Stock
To Carriage Inward 7,000
To Gross Profit 203,000

1,450,000

By Gross Profit
To Staff Salary 55,000 By Interest on Investment
ADD: Oustanding Salary 5000 60,000 Add: Accrued Interest on investment

To Rent 13,000 By Rebate Received

Less: Prepaid Rent for 1 month -1,000 12,000
To Audit fees 6,000
To Printing & Stationery 8,000
To Depre on Furniture 10,000
To Interest Accrued on Deposits 56,000
To Provision for Sales tax 4,500

To net profit (balancing Figure) 139,500

296,000
 Q. 9 PRO SRI
March, 2013
Cr.
Rs. Rs.
1,380,000
-15,000 1,365,000
85,000

1,450,000

203,000
80,000
10,000 90,000

3000

CR> Income OR Liabilities

DR> Expenses OR asset

296,000
 Balance Sheet as on __________

Liabilities Rs. Rs. Assets

I. Share Capital I. Cash and Bank balance

Authorised : - Cash in hand
Cash at Bank

Issued & subscribed : 500,000 II. Investment

Investment @ 10% p.a.
Add: Accrued interest
1.A Subscription towards shares NIL

II. Reserve fund & Other Funds

Reserve Fund 12,000 IV. Loans & Advances
Prepaid rent

V. Sundry Debtors

VI. Current Assets

III. Staff Provident fund NIL Closing Stock
VII. Fixed Assets
IV. Secured Loan NIL Furniture
Less: Depre @ 10%
V. Unsecured Loan Nil

VI. Deposits
Deposit From Members 500,000
VIII. Miscellenenous Exp & Losses
VII. Current Liabilities & Provisions
Creditors 28,000 IX. Other Items
Oustanding salary for 1 month 5,000
Interest Accrued on Deposit 56,000
Provision for sales tax 4,500
VIII. Unpaid Dividend NIL X. Profit & loss a/c

IX. Interest Accrued due but not paid NIL

X. Other Liabilities NIL XI. Current Losses

XI. Profit & loss a/c

Opening Balance NIL
Add: Net profit for the year 139,500 139,500

Total 1,245,000

Plan for Disposal of Surplus funds

Memorandum Appropriation a/c
Dr.
Particulars Rs. Particulars
To Statutory Reserve (25% of 139,500) 34,875 By Balance b/d
By Profit during the year
TO Balance c/d 104,625
139,500

Note : The above Appropriations are only reported in the Annual Report for Approval of members in AGM.
They are not shown in the final accounts of current year. After Approval, they are deducted in the balance sheet of the next
 Rs. Rs.

80,500
20,500

900,000
10,000 910,000

1,000

58,000

85,000

100,000
-10,000 90,000

Exp & Losses NIL

NIL
 NIL

NIL

1,245,000

Cr.
rticulars Rs.
NIL
ear 139,500

139,500

embers in AGM.
in the balance sheet of the next year.
 In the books of Sadhana Consumers' co-op Soc, LTD

Trading a/c and Profit & loss a/c for the year ended 31st March 2013
Dr.
Particulars Rs. Rs. Particulars

To Opening stock 30,000 By sales

To Purchases 1,005,000 Less : Sales Returns
Less : Purchase returns -5,000 1,000,000
To Carriage Inward 5000 By Closing stock
To Gross Profit ( Balancing figure) 273,000

1308000

To Rent 10,000 By Gross Profit b/d

To Audit fees 2000 By Interest on investment
To Sales Tax 3000 Add : Accrued int. on invest.
Add : oustanding sales tax 1000 4000
To Staff salary 50,000 By Rebate Received
Add : oustanding salary 3000 53,000
To Printing & Stationery 10,000
To Interest paid 2600
Add : Interest accrued on deposit 1500 4100
To Depreciation on Furniture 600

To net profit for the year 210,300

(balancing figure)

294,000
D

arch 2013
Cr.
Rs. Rs.

1,250,000
-2,000 1,248,000

60,000

1308000

273,000
12,000
6,000 18,000

3000

294,000
 Balance Sheet as on 31st March, 2013

Liabilities Rs. Rs. Assets Rs.

I. Share Capital I. Cash & Bank balance

Cash in hand
Authorised Cash at bank

Issued, Subscribed, called up II. Investment

& paid up capital 80,000 Investments 200,000
Add : Interest accrued on Inv. 6,000
IA. Subscription towards shares -
III. Staff Provident Fund
II. Reserve fund & Other fund
IV. Loans & Advances
Common good fund 4000
Price Fluctuation fund 8000 V. Sundry Debtors
Reserve fund 20,000
VI. Current Assets
III. Staff Provident fund - Closing Stock

IV. Secured Loans - VII. Fixed Assets

Furniture 6000
V. Unsecured Loans - Less : Depreciation @ 10% -600

Vi. Deposits VIII. Misc. Expenses & Losses

Deposits from members 50,000
Add : Interest accrued on dep 1500 51500 IX. Other Items

VII. Current Liabilities & X. Profit & loss a/c

Provisions
Creditors 10,000 XI. Current Losses
Oustatnding Sales Tax 1,000
Outstanding Salary 3,000

VIII. Unpaid Dividend -

IX. Interest Due but not paid -

X. Other Liabilities

XI. Profit & Loss a/c

Opening balance -
Add : net profit for the year 210,300 210,300

387,800
Rs.

400
86,000

206,000

30,000

60,000

5400

-
387,800
 Panchavati Co-op. Housing Soc. Ltd
Income & Expenditure account for the year ended
Dr.
Expenditure Rs. Rs. Income

1. Property Expenses/ Charges 1.Collection from members

Electricity charges 691,760 for Property expenses
Expenses on Lifts 143,294 Less: Advance from Members
Insurance Charges 28,116 Less: Collection towards MRF
Property Taxes 1,520,438
Add: Outstanding property exp 513,962 2,034,400
Repair & Maintenance 689,849 2. Collection from members for
Less: Major Repairs -429,654 260,195 Establishment charges
Water Charges 135,716 Add: Due from members

2. Establishment / Service charges

Accounting Charges 45,600
Annual Day Function 146,305
Audit fees 13,483 3.Interest & Dividends
Housekeeping charges 318,672 Dividend
Meeting expenses 60,788 Interest - Fixed Deposit
Postage 26,332 Interest - Saving bank
Professional Fees 41,415
Salaries 247,500
Security charges 787,105
Less: Prepaid Security expenses -153,973 633,132
Subscription of Housing fed 720
Subscription to Education Fund 348
Conveyance 47,524

3. Other Expenses
Depreciation 96,100 4.Other Income
Sale of Scrap

4.Surplus (balancing Figure) 1,707,088

6,678,488
 Cr.
Rs. Rs.

4,110,646
-2511
-1,545,584 2,562,551

3,300,111
179,889 3,480,000

60
520,705
64,797

50,375

6,678,488
 Cr. - Income OR Liability
Dr. - Expenses OR Asset
Balance Sheet as on __________

Liabilities Rs. Rs. Assets

I. Share Capital I. Cash and Bank balance

Authorised : Cash at Bank
3900 shares of Rs. 50 each 195,000 Cash in Hand

Issued & subscribed : II. Investment

570 shares of Rs. 50 each 28,500 1 Share of MDC Co-op Bank
1 Share of MDCH Federation
1.A Subscription towards shares NIL Fixed Deposits - MRF
Fixed Deposits
II. Reserve fund & Other Funds
Statutory Reserve Fund IV. Loans & Advances
Opening balance 1,887,659 Prepaird Security expenses
Add: Entrance Fee 600
Add: Transfer Fees 153,000 2,041,259

Major Repair Fund

Opening Balance 5,363,976 V. Sundry Debtors
Add: Interest on MRF FD 558,841 Due from members for
Less: Major repairs during the year -429,654 Establishment expenses
Add: Collection from members 1,545,584 7,038,747

VI. Current Assets

III. Staff Provident fund NIL
VII. Fixed Assets
IV. Secured Loan NIL Furniture and Fittings

V. Unsecured Loan Nil

VI. Deposits
Security Deposit from memebers 45,000
VIII. Miscellenenous Exp & Losses
VII. Current Liabilities & Provisions
Outstanding Property Taxes 513,962 IX. Other Items
Advance from members towards Deposit for water
Property expenses 2,511 Reliance Infra Deposit
VIII. Unpaid Dividend NIL X. Income & expenditure account

IX. Interest Accrued due but not paid NIL

X. Other Liabilities NIL XI. Current Losses

XI. Income and Expenditure a/c

Opening balance 4,223,810
Add: Surplus during the year 1,707,088 5,930,898

Total 15,600,877

Plan for Disposal of Surplus funds

Memorandum Appropriation a/c
Dr.
Particulars Rs. Particulars
To Statutory Reserve (25% of 17,07,088) 426,772 By Balance b/d
By Surplus during the year
TO Balance c/d 5,504,126
5,930,898

Note : The above Appropriations are only reported in the Annual Report for Approval of members in AGM.
They are not shown in the final accounts of current year. After Approval, they are deducted in the balance sheet of the next
Rs. Rs.

3,054,607
3,534

1,000
100
10,001,699
1,665,041

153,973

179,889

NIL

503,934

NIL

10,900
26,200
 NIL

NIL

15,600,877

Cr.
ticulars Rs.
4,223,810
ear 1,707,088

5,930,898

mbers in AGM.
the balance sheet of the next year.
 Ahura Co-op. Housing Soc. Ltd
Income & Expenditure account for the year ended
Dr.
Expenditure Rs. Rs. Income

1. Property Expenses/ Charges 1.Collection from members

Electricity charges 124,044
Insurance Premium 19,847
Maintenance Expenses 148,598
Property Tax 747,421
Water Charges 46,334

2. Establishment / Service charges 3.Interest & Dividends

Housekeeping Charges 201,149 Bank interest - Sarswat Bank
Add: Provision for Housekeeping 27,171 228,320 Dividend on Shares
Security charges 363,554
Provision for Audit fees 3,000
Provision for Education Fund 129
4.Other Income
3. Other Expenses
Depreciation on Lift 109,436

4.Surplus (balancing Figure) 2,521,142

4,311,825
 Cr.
Rs. Rs.

3,273,920

43,122
60

994,723

4,311,825
 Cr. - Income OR Liability
Dr. - Expenses OR Asset
Balance Sheet as on __________

Liabilities Rs. Rs. Assets

I. Share Capital I. Cash and Bank balance

Authorised : - Cash at Bank
Cash in Hand

Issued & subscribed : II. Investment

215 shares of Rs. 50 each fully paid up 10,750 FD - BMRF
FD - Sinking Fund
1.A Subscription towards shares NIL Shares of MDCC bank

II. Reserve fund & Other Fund

Sinking Fund IV. Loans & Advances
Opening Balance 2,191,417
Add: Collection from members 43,864
Add: Interest on Sinking fund FD 199,301 2,434,582

General Reserve Fund - op balance 2,260,023

V. Sundry Debtors
Major Repair Fund Outstandings from members
Opening balance 2,177,574
Add: Interest received on MRF FD 378,519
Less: Major repairs during the year -789,731 1,766,362

Contribution from Members- L & B 17,411,451

Provision for Education fund 129 VI. Current Assets
III. Staff Provident fund NIL
VII. Fixed Assets
IV. Secured Loan NIL Land & Building
Lift
V. Unsecured Loan Nil Less : Depreciation

VI. Deposits
Deposit from Reliance Infocomm 200,000
VIII. Miscellenenous Exp & Losses
VII. Current Liabilities & Provisions
Advance from members 27,096 IX. Other Items
Provision for Audit fees 3,000
Provision for House Keeping charges 27,171
VIII. Unpaid Dividend NIL X. Income & expenditure account

IX. Interest Accrued due but not paid NIL

X. Other Liabilities NIL XI. Current Losses

XI. Income and Expenditure a/c

Opening balance - 120,024
Add: Surplus During the year 2,521,142 2,641,166

Total 26,781,730

Plan for Disposal of Surplus funds

Memorandum Appropriation a/c
Dr.
Particulars Rs. Particulars
To Statutory Reserve (25% of 25,21,142) 630,286 By Balance b/d
By Surplus during the year
TO Balance c/d 2,010,881
2,641,166

Note : The above Appropriations are only reported in the Annual Report for Approval of members in AGM.
They are not shown in the final accounts of current year. After Approval, they are deducted in the balance sheet of the next
Rs. Rs.

545,064
250

5,398,600
2,352,144
1000

304,649

NIL

17,557,977
731,482
-109,436 622,046

NIL
 NIL

NIL

26,781,730

Cr.
ticulars Rs.
120,024
ear 2,521,142

2,641,166

mbers in AGM.
the balance sheet of the next year.
 Mahavir Co-op. Housing Soc. Ltd
Income & Expenditure account for the year ended
Dr.
Expenditure Rs. Rs. Income

1. Property Expenses/Charges 1.Collection from members

Property Taxes and Expenses 449,994 Less: Contribution for Repair Fund
Less: Transfer fees
Less: Entrance Fees

2. Establishment / Service charges 3.Interest & Dividends

Accounting & Legal Charges 27,843 Interest on FD (Narayan Bank)
Contribution to Education Fund 81 Less: Interest on Repair fund FD
Salary & Wages 161,901 Interest on SB
Audit fees 1,950

4.Other Income
3. Other Expenses
Depreciation on Furniture 1313

4.Surplus (balancing Figure) 16,220

659302
 Cr.
Rs. Rs.

514,609
-7980
-10,500
-1900 494,229

129,860
-57,708 72,152
61,321

31,600

659302
 Balance Sheet as on __________

Liabilities Rs. Rs. Assets

I. Share Capital I. Cash and Bank balance

Authorised : Cash at Bank - Union bank of India
4000 shares of Rs. 50 each 200,000

Issued & Subscribed capital : II. Investment

135 shares of Rs. 50 each 6,750
### FD with Narayan Bank
Add: Accrued Interest on FD
1.A Subscription towards shares NIL Shares in Narayan co-op bank
Repair Fund FD with MDCC
II. Reserve fund & Other Fund
IV. Loans & Advances
Members Contribution towards L&B 2,107,000 Prepaid Expenses
Repair Fund
Opening Balance 4,429,781
Less: Major Repair Expenses adjusted -1,684,800
Add: Contribution from members 7980
Add: Interest on Repair Fund FD 57,708 2,810,669 V. Sundry Debtors
Statutory Reserve Members arrears
Opening balance 923,900
Add: Transfer fees 10,500
Add: Entrance fees 1900 936,300
VI. Current Assets
III. Staff Provident fund NIL
VII. Fixed Assets
IV. Secured Loan NIL Furniture
Less: Depre @10%
V. Unsecured Loan Nil
Land & Building
VI. Deposits
Members Deposits 65,500
VIII. Miscellenenous Exp & Losses
VII. Current Liabilities & Provisions
Expenses Payable 85484 IX. Other Items
BMC Deposits

VIII. Unpaid Dividend NIL X. Income & expenditure account

Opening Balance
IX. Interest Accrued due but not paid NIL Less : Surplus during the year
X. Other Liabilities NIL XI. Current Losses

XI. Income and Expenditure a/c

Total 6,011,703

Plan for Disposal of Surplus funds

Memorandum Appropriation a/c
Dr.
Particulars Rs. Particulars
To balance b/d 290,961 By Surplus during the year
To Statutory Reserve (25% of 16,220) 4,055
By Balance c/d

295,016

Note : The above Appropriations are only reported in the Annual Report for Approval of members in AGM.
They are not shown in the final accounts of current year. After Approval, they are deducted in the balance sheet of the ne
Rs. Rs.

652,471

686,365
53,202 739,567
2700
607,431

33,224

1,557,259

NIL

13,128
-1,313 11,815

2,107,000

NIL

25,495

290,961
-16,220 274,741
 NIL

6,011,703

Cr.
ticulars Rs.
ar 16,220

278,796

295,016

e balance sheet of the next year.

 Balance Sheet as on __________

Liabilities Rs. Rs.

I. Share Capital
Authorised :
2000 shares of Rs. 50 each 100,000

Issued & subscribed :

210 shares of Rs. 50 each 10,500

1.A Subscription towards shares NIL

II. Reserve fund & Other Fund

General reserve Fund
Opening balance 188456
Add : Entrance fees 200 188656

Member contribution
towards building construction 37,800,000

III. Staff Provident fund NIL

IV. Secured Loan NIL

V. Unsecured Loan Nil

VI. Deposits
Security Deposit 175,000

VII. Current Liabilities & Provisions

Advance from members 1300
Provision for expenses 991,316 992,616

VIII. Unpaid Dividend NIL

IX. Interest Accrued due but not paid NIL

X. Other Liabilities NIL

XI. Income and Expenditure a/c

Opening balance 623,390
Add : Surplus during the year 163,793 787,183
Total 39,953,955

Plan for Disposal of Surplus funds

Memorandum Appropriation a/c
Dr.
Particulars Rs.
To General Reserve Fund (25% of 163,793) 40,948
To balance b/d 787,183

787,183

Note : The above Appropriations are only reported in the Annual Report for Approval of members in AGM.
They are not shown in the final accounts of current year. After Approval, they are deducted in the balance sheet of
on __________

Assets Rs. Rs.

I. Cash and Bank balance

Cash in hand 3493
Balance with MDCC bank 447,822 451,315

II. Investment
FD With bank 525,000
III. Staff Provident Fund NIL

IV. Loans & Advances

Prepaid Insurance 40,357
Staff Advance 19,000 59,357

V. Sundry Debtors
Dues from Members 673,541
Property Tax Refund Receivable 261,461 935,002

VI. Current Assets NIL

VII. Fixed Assets

Furniture 26,568
Less : Depreciation - 1216 25,352
Intercom Phones 148,199
Less : Depreciation - 5930 142269
Land & Building 37,800,000 37,967,621

VIII. Miscellenenous Exp & Losses NIL

IX. Other Items

Deposits with BSES 15660

X. Income & expenditure account NIL

XI. Current Losses NIL

 Total 39,953,955

of Surplus funds
ppropriation a/c
Cr.
Particulars Rs.
By Balance b/d 623,390
By Surplus during the year 163,793

787,183

nnual Report for Approval of members in AGM.

er Approval, they are deducted in the balance sheet of the next year.
 Alpine Co-op. Housing Soc. Ltd
Income & Expenditure account for the year ended
Dr.
Expenditure Rs. Rs. Income

1. Property Expenses 1.Collection from members

Property Tax 370636 Towards Property Charges
Repair & Maintenance 520452
Insurance charges 11,049 2.Collection from members
Electricity charges 222,453 1124590 Towards Service Charges

2. Establishment / Service charges 3.Interest & Dividends

Accounting charges 27,000 Interest on Saving bank a/c
Audit fees 4000
Conveyance charges 5849 4.Other Income
Education fund expenses 63
Meeting Expenses 17802 54,714

3. Other Expenses
Depreciation
on Furniture 1216
on Phones 5930 7146

4.Surplus (balancing Figure) 163793

1350243
d
Cr.
Rs. Rs.

NIL

1,316,905

33,338

NIL

1350243
Commission due - CL & Prov
 Q. 11

Loans & advances

(Members loan)

Freight & Coolie charges - Trading DR

P&L Cr