TWINKLE INDUSTRIES

BALANCE SHEET AS ON MARCH 31st 2021

LIABILITIES AMOUNT ASSETS AMOUNT
CAPITAL ACCOUNT 7,580,829 FIXED ASSETS 1,720,427
( AS PER ANNEXURE B ) ( AS PER ANNEXURE A )
LOANS LIABILITIES LOAN & ADVANCE
SECURED LOAN 1,365,167 RENT SECURITY DEPOSIT 46,000
( AS PER ANNEXURE C ) TDS RECEIVABLE 38,050
UNSECURED LOAN 5,203,347 LOANS & ADVANCES 275,000
( AS PER ANNEXURE D ) CURRENT ASSETS
CURRENT LIABILITIES GST RECIVABLES 65,489
SUNDRY CREDITORS 15,571,156 CLOSING STOCK 12,777,580
SALARY PAYABLE 277,548 SUNDRY DEBTORS 12,076,114
BANK BALANCES
ICICI BANK 2,374,887
KOTAK MAHINDRA BANK 530,358
CASH IN HAND 94,143
29,998,047 29,998,047
NOTES ON ACCOUNTS
AS PER OUR EVEN DATED REPORT
For AGGARWAL SARAWAGI & CO. For TWINKLE INDUSTRIES
CHARTERED ACCOUNTANTS
FRN NO. : 016765N

CA NARENDRA SARAWAGI VIKASH JAIN SANTOSH CHORADIA

PARTNER PARTNER PARTNER
M.NO. : (091416)
PLACE : NEW DELHI
DATE : 13/01/2021
UDIN :
TWINKLE INDUSTRIES
TRADING & PROFIT & LOSS ACCOUNT FOR THE YEAR ENDING 31.03.2021
PARTICULARS AMOUNT PARTICULARS AMOUNT
TO OPENING STOCK 7,025,477 BY SALES 30,939,921
TO PURCHASES 28,755,205 BY CLOSING STOCK 12,777,580
TO FREIGHT 5,466
TO GROSS PROFIT 7,931,353
43,717,501 43,717,501
TO ADVERTISEMENT EXPENSES 135,561 BY GROSS PROFIT 7,931,353
TO AUDIT FEES 25,000 BY INTEREST INCOME 24,707
TO BANK CHARGES 45,179
TO BUSINESS PROMOTION 4,593
TO FREIGHT & CARTAGE 374,530
TO COMMISSION EXPENSES 835,428
TO CONVEYANCE EXPENSES 388,462
TO DEPRECIATION 305,517
TO INTEREST EXPENSES OTHER 655,528
TO INTEREST EXPENSES BANK 71,838
TO LACE CUTTING EXPENSES 13,077
TO INSURANCE EXPENSES 22,400
TO SHORT & EXCESS 211
TO MISCELLANEOUS EXPENSES 11,948
TO OFFICE MAINTENANCE 57,741
TO POSTAGE AND COURIER EXPENSES 18,478
TO PRINTING & STATIONARY 60,113
TO RENT 275,000
TO PROFESSIONAL CHARGES 10,000
TO REPAIR & MAINTENANCE 11,640
TO SALARY 2,481,237
TO SAMPLING EXPENSES 4,545
TO BAD DEBTS 119,868
TO STAFF WELFARE 66,039
TO TELEPHONE AND INTERNET EXPENSE 78,448
TO TOUR AND TRAVELLING EXPENSES 47,054
TO WATER & ELECTRICITY EXP. 29,129
TO NET PROFIT (Trf to Allocation) 1,807,497
7,956,061 7,956,060
TO INTEREST TO PARTNERS 722,238 BY NET PROFIT (Trf to Allocation) 1,807,497
TO PARTNER REMUNERATION 480,000
TO NET PROFIT (Trf to Allocation) 605,259
1,807,497 1,807,497
NOTES ON ACCOUNTS
AS PER OUR EVEN DATED REPORT
For AGGARWAL SARAWAGI & CO. For TWINKLE INDUSTRIES
CHARTERED ACCOUNTANTS
FRN NO. : 016765N

CA NARENDRA SARAWAGI VIKASH JAIN SANTOSH CHORADIA

PARTNER PARTNER PARTNER
M.NO. : (091416)
PLACE : NEW DELHI
DATE : 13/01/2021
UDIN :
TWINKLE INDUSTRIES
SCHEDULES TO THE ACCOUNTS FOR THE YEAR ENDING ON 31.03.2021
ANNEXURE A
FIXED ASSETS
PARTICULARS RATE OPENING ADDITION TOTAL DEP. CLOSING
DEP. BALANCE (DED) FOR YEAR BALANCE
PLANT & MACHINERY (LCD DISPLAY) 15% 59,671.00 - 59,671 8,951 50,720
WATER DISPENSER 15% 10,805.08 - 10,805 1,621 9,184
TALLY ERP 15% 30,535.78 - 30,536 4,580 25,955
COMPUTER 40% - 32,500 32,500 6,500 26,000
CAR 15% 1,892,432.00 - 1,892,432 283,865 1,608,567
TOTAL 1,993,443.86 32,500 2,025,944 305,517 1,720,427
###
ANNEXURE B
CAPITAL ACCOUNTS
PARTICULARS OPENING ADDITION PROFIT & INTEREST & CLOSING
BALANCE DEDUCTION LOSS FOR REMUNERA- BALANCE
THE YEAR TION ###
VIKASH JAIN 4,941,815 104,429 302,629 1,099,644 6,448,518
SANTOSH CHORADIA 854,946 (127,859) 302,629 102,594 1,132,311
TOTAL 5,796,761.48 (23,429) 605,259 1,202,238 7,580,829

ANNEXURE C
LAON LIABILITIES
PARTICULER AMOUNT
ARIHANT SURANA 935,323
DEEPAK JAJOO HUF 300,022
GUPTA IMPEX 200,000
JAI BABA PACKGING 300,000
MILAP CHAND CHORDIA (HUF) 693,098
NABIN MITTAL 582,125
POONAM JAJOO 700,052
PRIYANKA JAIN 356,848
RAJENDER KUMAR 635,122
VIKRAM JAIN 263,228
SUMAN AGARWAL 237,529
TOTAL 5,203,347

For AGGARWAL SARAWAGI & CO. (016765N) For TWINKLE INDUSTRIES

Chartered Accountants ###

NARENDRA SARAWAGI (091416) VIKASH JAIN SANTOSH CHORADIA

Partner Partner Partner
PLACE:NEW DELHI
DATE : 13.01.2021