5 Curves Financials

5-CURVES BUSINESS VENTURES PRIVATE LIMITED (F.Y.
2022-2023)
HOUSE NO.15 2ND FLOOR, BLOCK - EF, LANDMARK NR RATAN DAIRY,
INDERPURI, DELHI-110012
CIN : U93000DL2018PTC340937
Balance Sheet as at 31st March 2023 in rupees

Note
Particulars As at 31st March 2023 As at 31st March 2022
No.
EQUITY AND LIABILITIES
Shareholder's funds
Share capital 1 1,00,000.00 1,00,000.00
Reserves and surplus 2 (2,30,510.10) (1,05,644.50)
Money received against share warrants - -
(1,30,510.10) (5,644.50)
Share application money pending allotment - -
Non-current liabilities
Long-term borrowings - -
Deferred tax liabilities (Net) 8 - -
Other long term liabilities - -
Long-term provisions 6 - -
- -
Current liabilities
Short-term borrowings 3 13,94,950.42 6,06,467.71
Trade payables 4
(A) Micro enterprises and small enterprises - -
(B) Others 2,01,905.01 4,195.00
Other current liabilities 5 39,261.80 10,220.00
Short-term provisions 6 5,000.00 5,000.00
16,41,117.23 6,25,882.71
TOTAL 15,10,607.13 6,20,238.21
ASSETS
Non-current assets
Property,Plant and Equipment and Intangible
7
assets
Property,Plant and Equipment 4,92,726.63 3,12,325.07
Intangible assets - -
Capital work-in-Progress - -
Intangible assets under development - -
Non-current investments - -
Deferred tax assets (net) 8 37,701.66 21,450.50
Long-term loans and advances 11 - -
Other non-current assets - -
5,30,428.29 3,33,775.57
Current assets
Current investments - -
Inventories - -
Trade receivables 9 5,86,197.00 1,21,907.00
Cash and cash equivalents 10 1,83,836.02 63,774.33
Short-term loans and advances 11 - 28,666.69
Other current assets 12 2,10,145.82 72,114.62
9,80,178.84 2,86,462.64
TOTAL 15,10,607.13 6,20,238.21
SIGNIFICANT ACCOUNTING POLICIES & NOTES TO
18
THE ACCOUNTS
The accompanying notes are an integral part of the financial statements.

As per our report of even date
For M/s R K Bhalla & Co.
Chartered Accountants For and on behalf of the Board of Directors
(FRN: 024798N)
ANIL MADAN AKSHAY MADAAN

Harshita Kushwah
Director Director
Partner
DIN: 08754200 DIN: 07201700
Membership No.: 443408
Place: Haryana
Date: 25/08/2023
5-CURVES BUSINESS VENTURES PRIVATE LIMITED (F.Y. 2022-2023)
CIN : U93000DL2018PTC340937
Statement of Profit and loss for the year ended 31st March 2023 in rupees
Note
Particulars 31st March 2023 31st March 2022
No.
Revenue
Revenue from operations 13 22,86,246.15 7,76,190.00
Less: Excise duty - -
Net Sales 22,86,246.15 7,76,190.00
Other income 14 4,217.00 46,721.00
Total Income 22,90,463.15 8,22,911.00
Expenses
Cost of material Consumed - -
Purchase of stock-in-trade - -
Changes in inventories - -
Employee benefit expenses 15 6,77,763.00 3,18,080.00
Finance costs - -
Depreciation and amortization expenses 16 1,69,462.00 1,38,501.50
Other expenses 17 15,84,354.91 4,21,061.70
Total expenses 24,31,579.91 8,77,643.20
Profit before exceptional, extraordinary and prior period items
(1,41,116.76) (54,732.20)
and tax
Exceptional items - -
Profit before extraordinary and prior period items and tax (1,41,116.76) (54,732.20)
Extraordinary items - -
Prior period item - -
Profit before tax (1,41,116.76) (54,732.20)
Tax expenses
Current tax - -
Deferred tax (16,251.16) (19,525.53)
Excess/short provision relating earlier year tax - -
Profit(Loss) for the period (1,24,865.60) (35,206.67)
Earning per share
Basic
Before extraordinary Items - (3.52)
After extraordinary Adjustment - (3.52)
Diluted
Before extraordinary Items - (3.52)
After extraordinary Adjustment - (3.52)
SIGNIFICANT ACCOUNTING POLICIES & NOTES TO THE ACCOUNTS 18
The accompanying notes are an integral part of the financial statements.

As per our report of even date
For M/s R K Bhalla & Co.
Chartered Accountants For and on behalf of the Board of Directors
(FRN: 024798N)
ANIL MADAN AKSHAY MADAAN

Harshita Kushwah
Director Director
Partner
DIN: 08754200 DIN: 07201700
Membership No.: 443408
Place: Haryana
Date: 25/08/2023
CIN : U93000DL2018PTC340937
Notes to Financial statements for the year ended 31st March 2023
The previous year figures have been regrouped / reclassified, wherever necessary to confirm to the
current year presentation.
Note No. 1 Share Capital in rupees

As at 31st March As at 31st March
Particulars
2023 2022
Authorised :
10000 (31/03/2022:10000) Equity shares of Rs. 10.00/- par value 1,00,000.00 1,00,000.00
Issued :
Subscribed and paid-up :
Total 1,00,000.00 1,00,000.00
Reconciliation of the Shares outstanding at the beginning and at the end of the reporting period
Equity shares in rupees

As at 31st March 2023 As at 31st March 2022
No. of Shares Amount No. of Shares Amount
At the beginning of the period 10,000 1,00,000.00 10,000 1,00,000.00
Issued during the Period - - - -
Redeemed or bought back during the period - - - -
Outstanding at end of the period 10,000 1,00,000.00 10,000 1,00,000.00
Right, Preferences and Restriction attached to shares
Equity shares
The company has only one class of Equity having a par value Rs. 10.00 per share. Each shareholder is eligible for one vote
per share held. The dividend proposed by the board of directors is subject to the approval of the shareholders in ensuing
Annual General Meeting, except in case of interim dividend. In the event of liquidation, the Equity shareholders are eligible
to receive the remaining assets of the company after distribution of all preferential amounts, in proportion to their
shareholding.
Details of shareholders holding more than 5% shares in the company
As at 31st March 2023 As at 31st March 2022

Type of Share Name of Shareholders No. of % of No. of % of
Shares Holding Shares Holding
Equity [NV: 10.00 ] Akshay Madaan 9,000 90.00 9,000 90.00
Equity [NV: 10.00 ] Anil Madan 1,000 10.00 1,000 10.00
Total : 10,000 100.00 10,000 100.00
Note No. 2 Reserves and surplus in rupees

Surplus
Opening Balance (1,05,644.50) (70,437.83)
Add: Addition during the year - -
Less:Loss for the year (1,24,865.60) (35,206.67)
Closing Balance (2,30,510.10) (1,05,644.50)
Balance carried to balance sheet (2,30,510.10) (1,05,644.50)
CIN : U93000DL2018PTC340937
Note No. 8 Deferred Tax in rupees

Deferred tax liability
Deferred tax liabilities - -
Gross deferred tax liability - -
Deferred tax assets

Deferred tax assets 37,701.66 21,450.50
Gross deferred tax asset 37,701.66 21,450.50

Net deferred tax assets 37,701.66 21,450.50
Net deferred tax liability - -
Note No. 6 Provisions in rupees

Long-term Short-term Total Long-term Short-term Total
Other provisions
Audit Fees - 5,000.00 5,000.00 - 5,000.00 5,000.00
- 5,000.00 5,000.00 - 5,000.00 5,000.00
Total - 5,000.00 5,000.00 - 5,000.00 5,000.00
Note No. 3 Short-term borrowings in rupees

Other Loans and advances
Anil Madaan unsecured 12,19,989.98 5,80,157.35
HDFC Credit Card unsecured 67,443.01 26,310.36
Akshay Madaan unsecured 1,07,517.43 -
13,94,950.42 6,06,467.71
- -
Total 13,94,950.42 6,06,467.71
Note No. 4 Trade payables in rupees

Particulars As at 31st March 2023 As at31st March 2022
(B) Others 2,01,905.01 4,195.00
Total 2,01,905.01 4,195.00
Note No. 5 Other current liabilities in rupees

Others payables
Advance From customers 19,556.00 10,220.00
TDS 19,705.80 -
39,261.80 10,220.00
Total 39,261.80 10,220.00
HOUSE NO.15 2ND FLOOR, BLOCK - EF, LANDMARK NR RATAN DAIRY, INDERPURI, DELHI-110012
CIN : U93000DL2018PTC340937
Note No. 7 Property,Plant and Equipment and Intangible assets as at 31st March 2023 in rupees
Assets Gross Block Accumulated Depreciation/ Amortisation Net Block
Addition on Deletion /
Useful Additions Deletion Balance as at Provided Balance as at Balance as at Balance as at
Balance as at account of Balance as at adjustments
Life (In during the during the 31st March during the 31st March 31st March 31st March
1st April 2022 business 1st April 2022 during the
Years) year year 2023 year 2023 2023 2022
acquisition year
A Tangible assets
Own Assets
Furniture and Fixture 10.00 2,63,350.00 2,41,700.00 - - 5,05,050.00 90,439.94 45,280.73 - 1,35,720.67 3,69,329.33 1,72,910.06
Laptop 3.00 74,483.05 1,08,163.56 - - 1,82,646.61 50,445.99 72,180.43 - 1,22,626.42 60,020.19 24,037.06
Mobile 5.00 1,40,008.47 - - - 1,40,008.47 45,336.47 42,668.67 - 88,005.14 52,003.33 94,672.00
Air conditioner 5.00 21,867.00 - - - 21,867.00 1,161.05 9,332.17 - 10,493.22 11,373.78 20,705.95
Total (A) 4,99,708.52 3,49,863.56 - - 8,49,572.08 1,87,383.45 1,69,462.00 - 3,56,845.45 4,92,726.63 3,12,325.07
P.Y Total 3,84,443.22 1,15,265.30 - - 4,99,708.52 48,881.95 1,38,501.50 - 1,87,383.45 3,12,325.07 3,35,561.27
General Notes :
1. No depreciation if remaining useful life is negative or zero.
2. If asset is used less than 365 days during current financial year then depreciation is equals to w.d.v as on 31-03-2022 less residual value.
3. Depreciation is calculated on pro-rata basis in case asset is purchased/sold during current F.Y.
4. If above assets is used for any time during the year for double shift, the depreciation will increase by 50% for that period and in case of the triple shift the depreciation shall
be calculated on the basis of 100% for that period.
CIN : U93000DL2018PTC340937
Note No. 11 Loans and advances in rupees

Long-term Short-term Long-term Short-term
Loans and advances to related parties
Unsecured, considered good - - - 28,666.69
- - - 28,666.69
Total - - - 28,666.69
Note No. 9 Trade receivables in rupees

Secured, Considered good 5,86,197.00 1,21,907.00
Unsecured, Considered Good - -
Doubtful - -
Allowance for doubtful receivables - -
Total 5,86,197.00 1,21,907.00
(Current Year) in rupees

Particulars Outstanding for following periods from due date of payment
Less than 6 6 months - 1 More than 3
1-2 years 2-3 years Total
months year years
(i) Undisputed Trade receivables
5,86,197.00 - - - - 5,86,197.00
(considered good)
(ii) Undisputed Trade Receivables
- - - - - -
(considered doubtful)
(iii) Disputed Trade Receivables
- - - - - -
considered good
(iv) Disputed Trade Receivables
- - - - - -
considered doubtful
(v) Provision for doubtful
- - - - - -
receivables
(Previous Year) in rupees

Particulars Outstanding for following periods from due date of payment
Less than 6 6 months - 1 More than 3
1-2 years 2-3 years Total
months year years
(i) Undisputed Trade receivables
52,006.00 69,901.00 - - - 1,21,907.00
(considered good)
(ii) Undisputed Trade Receivables
- - - - - -
(considered doubtful)
(iii) Disputed Trade Receivables
- - - - - -
considered good
(iv) Disputed Trade Receivables
- - - - - -
considered doubtful
(v) Provision for doubtful
- - - - - -
receivables
Note No. 10 Cash and cash equivalents in rupees

Balance with banks
HDFC Bank 1,76,006.65 35,244.00
Total 1,76,006.65 35,244.00
Cash in hand
Cash in hand 7,829.37 28,530.33
Total 7,829.37 28,530.33
Total 1,83,836.02 63,774.33
Note No. 12 Other current assets in rupees

CIN : U93000DL2018PTC340937

Other Assets
GST Credit 1,311.62 14,686.62
TDS Receivable 2,08,834.20 57,428.00
Total 2,10,145.82 72,114.62
Note No. 13 Revenue from operations in rupees

Sale of services 22,86,246.15 7,76,190.00
Net revenue from operations 22,86,246.15 7,76,190.00
Note No. 14 Other income in rupees

Other non-operating income 4,217.00 46,721.00
Total 4,217.00 46,721.00
Note No. 15 Employee benefit expenses in rupees

Salaries and Wages 6,75,930.00 3,15,480.00
Staff welfare Expenses 1,833.00 2,600.00
Total 6,77,763.00 3,18,080.00
CIN : U93000DL2018PTC340937
Note No. 16 Depreciation and amortization expenses in rupees

Depreciation on tangible assets 1,69,462.00 1,38,501.50
Total 1,69,462.00 1,38,501.50
Note No. 17 Other expenses in rupees

Audit fees 5,000.00 5,000.00
Bank charges 1,067.71 127.35
Business Promotion 3,17,261.65 1,37,016.60
Conveyance expenses - 1,985.00
Digital Signature 12,711.12 17,400.39
Hospitality Expenses 8,742.00 14,260.16
Internet Expenses 22,391.20 1,389.75
Legal consultancy fees 1,21,750.00 -
Miscellaneous expenditure 24,727.58 18,670.21
Office Maintenance 23,671.37 2,902.03
Power and fuel 14,609.62 19,020.40
Professional expenses 9,70,210.00 -
Rent - 1,10,962.18
Repair and maintenance - 14,241.17
Telephone Expenses - 2,046.00
Travelling Expenses 30,763.23 43,243.46
Website and Software Development 12,663.00 25,302.00
Car Running and Maintenance 18,786.43 7,495.00
Total 15,84,354.91 4,21,061.70
CIN : U93000DL2018PTC340937
Statement showing assets wise calculation of depreciation as per Companies Act 2013 (W.D.V. Method)
Name of Asset Furniture and Fixture Useful Life (In Years) 10.00
Group of asset Furniture and fittings Shift Type Single
Life elapsed
Remaining
(In Days)
Date of Standard life useful life as Assets used Depreciation
Original cost Date of sale of (difference
Particulars purchase of Residual value Opening WDV as per Co.s act on 31.3.2022 during current Dep Rate* (col5 * col11 *
of asset assets if any between date
asset 2013 (In Days) (In Days) (col7 F.Y. (In Days) col10 / 365)
of purchase to
- col8)
31.3.2022)
1 2 3 4 5 6 7 8 9 10 11 12
Furniture and Fixtures 30/09/2020 1,98,350.00 9,917.50 1,27,916.26 3650.00 548.00 3102.00 365.00 25.89 33,117.52
Furniture and Fixtures 29/12/2020 65,000.00 3,250.00 44,993.80 3650.00 458.00 3192.00 365.00 25.89 11,648.89
Wooden Furniture 29/03/2023 2,41,700.00 12,085.00 - 3650.00 0.00 3650.00 3.00 25.89 514.32
Total 5,05,050.00 25,252.50 1,72,910.06 45,280.73
Name of Asset Laptop Useful Life (In Years) 3.00

Group of asset Computers and data processing units Shift Type Single
Life elapsed
Remaining
(In Days)
of purchase to
- col8)
31.3.2022)
1 2 3 4 5 6 7 8 9 10 11 12
Laptop HP 06/02/2021 45,254.24 2,262.71 15,113.82 1095.00 419.00 676.00 365.00 63.16 9,545.89
Laptop HP 23/12/2020 29,228.81 1,461.44 8,923.24 1095.00 464.00 631.00 365.00 63.16 5,635.92
Laptop Macbook 15/04/2022 79,443.22 3,972.16 - 1095.00 0.00 1095.00 351.00 63.16 48,251.77
Laptop Lenovo 07/10/2022 28,720.34 1,436.02 - 1095.00 0.00 1095.00 176.00 63.16 8,746.85
Total 1,82,646.61 9,132.33 24,037.06 72,180.43
Name of Asset Mobile Useful Life (In Years) 5.00

Group of asset Office equipment Shift Type Single
CIN : U93000DL2018PTC340937
Life elapsed
Remaining
(In Days)
of purchase to
- col8)
31.3.2022)
1 2 3 4 5 6 7 8 9 10 11 12
Mobile Phone 16/10/2020 46,610.17 2,330.51 20,323.36 1825.00 532.00 1293.00 365.00 45.07 9,159.74
Phone-Oneplus 19/10/2021 39,830.51 1,991.53 31,764.58 1825.00 164.00 1661.00 365.00 45.07 14,316.30
I-Phone 12 01/11/2021 47,848.30 2,392.42 38,926.79 1825.00 151.00 1674.00 365.00 45.07 17,544.30
Oppo Mobile 13/06/2021 5,719.49 285.97 3,657.27 1825.00 292.00 1533.00 365.00 45.07 1,648.33
Total 1,40,008.47 7,000.43 94,672.00 42,668.67
Name of Asset Air conditioner Useful Life (In Years) 5.00

Group of asset Office equipment Shift Type Single
Life elapsed
Remaining
(In Days)
of purchase to
- col8)
31.3.2022)
1 2 3 4 5 6 7 8 9 10 11 12
Voltas AC 17/02/2022 21,867.00 1,093.35 20,705.95 1825.00 43.00 1782.00 365.00 45.07 9,332.17
Total 21,867.00 1,093.35 20,705.95 9,332.17
* Depreciation rate = (1-((residual value/wdv as on 31.3.2022)raise to power 1/remaining useful life in years)))*100
CIN : U93000DL2018PTC340937
Note No. 17(a) Other expenses:Miscellaneous expenditure in rupees

Other expenditure 24,726.45 17,550.40
Other expenditure 1.13 1,119.81
Total 24,727.58 18,670.21

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5-CURVES BUSINESS VENTURES PRIVATE LIMITED (F.Y.

Balance Sheet as at 31st March 2023 in rupees

The accompanying notes are an integral part of the financial statements.

ANIL MADAN AKSHAY MADAAN

The accompanying notes are an integral part of the financial statements.

ANIL MADAN AKSHAY MADAAN

Note No. 1 Share Capital in rupees

Equity shares in rupees

Right, Preferences and Restriction attached to shares

Details of shareholders holding more than 5% shares in the company

As at 31st March 2023 As at 31st March 2022

Note No. 2 Reserves and surplus in rupees

Note No. 8 Deferred Tax in rupees

Deferred tax assets

Gross deferred tax asset 37,701.66 21,450.50

Note No. 6 Provisions in rupees

Note No. 3 Short-term borrowings in rupees

Note No. 4 Trade payables in rupees

Note No. 5 Other current liabilities in rupees

Note No. 11 Loans and advances in rupees

Note No. 9 Trade receivables in rupees

(Current Year) in rupees

(Previous Year) in rupees

Note No. 10 Cash and cash equivalents in rupees

Note No. 12 Other current assets in rupees

Particulars As at 31st March 2023 As at 31st March 2022

Note No. 13 Revenue from operations in rupees

Note No. 14 Other income in rupees

Note No. 15 Employee benefit expenses in rupees

Note No. 16 Depreciation and amortization expenses in rupees

Note No. 17 Other expenses in rupees

Name of Asset Laptop Useful Life (In Years) 3.00

Name of Asset Mobile Useful Life (In Years) 5.00

Name of Asset Air conditioner Useful Life (In Years) 5.00

Note No. 17(a) Other expenses:Miscellaneous expenditure in rupees

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