OM GANESH ASSOCIATES 2019-20

Prop: P.M.Yogeswara Rao

SATTENAPALLI - 522403
Profit & Loss A/c
1-Apr-2019 to 31-Mar-2020

Particulars 1-Apr-2019 to 31-Mar-2020 Particulars 1-Apr-2019 to 31-Mar-2020

Opening Stock 20,15,322.00 Sales Accounts 3,30,16,575.00

Cone Gum 1,10,000.00 43,650.00
Kraft Board Waste 1,29,072.00 Paper Cones Sales A/c
Paper Cones 17,76,250.00
Closing Stock 17,99,773.00
Purchase Accounts 1,96,76,878.52 Cone Gum 30,000.00
Colours Purchase A/c 1,37,400.00 Kraft Board Waste 1,15,902.00
13,85,550.00 Paper Cones 16,53,871.00
1,74,10,826.29
Machinery Spares A/c 1,91,523.73
OGA Belt Purchase A/c 1,44,615.00
4,06,963.50

Direct Expenses 94,04,690.00

Fire Wood A/c 3,35,150.00
Fuel A/c 58,600.00
Wages A/c 90,10,940.00

Gross Profit c/o 37,19,457.48

3,48,16,348.00 3,48,16,348.00

Indirect Expenses 28,48,921.48 Gross Profit b/f 37,19,457.48

Audit Fee A/c 10,000.00
Bank Charges A/c 1,553.80 Indirect Incomes 1,15,143.00
Courier Charges A/c 270.00 Discount A/c 1,15,143.00
Debit Notes GST A/c 2,500.00
Electricity Charges A/c 3,99,493.00
4,54,010.00
Interest to Bank A/c 26,012.00
Interet to Others A/c 3,00,623.00
47,125.00
Mill Rent A/c 1,74,000.00
Office Rent A/c 1,14,000.00
Printing & Stationery A/c 10,400.00
34,090.00
Rounded Off A/c 5.68
Sadar A/c 98,559.00
Salaries A/c 9,81,600.00
Staff Welfare A/c 44,100.00
Taxes and Licenses A/c 1,000.00
Travelling Expences A/c 1,49,580.00

Nett Profit 9,85,679.00

Total 38,34,600.48 Total 38,34,600.48

 OM GANESH ASSOCIATES 2019-20
Prop: P.M.Yogeswara Rao
SATTENAPALLI - 522403
Balance Sheet
1-Apr-2019 to 31-Mar-2020

Liabilities as at 31-Mar-2020 Assets as at 31-Mar-2020

Capital Account 1,02,57,026.38 Fixed Assets 63,96,042.50

1,02,57,026.38 21,39,453.10
2,60,000.00
Loans (Liability) 75,34,487.00 Air Compressor 41,173.00
Bank OD A/c 17,01,602.00 House at Sattenapalli 8,05,000.00
Unsecured Loans 58,32,885.00 Plant and Mechinery 2,95,031.00
Site at Macherla Road 13,82,000.00
Current Liabilities 76,42,761.80 6,58,365.40
Provisions 3,51,326.00 8,15,020.00
Sundry Creditors 72,91,435.80
Current Assets 1,90,38,232.68
Profit & Loss A/c Closing Stock 17,99,773.00
Opening Balance Sundry Debtors
Current Period 9,85,679.00 Cash-in-hand 1,13,241.00
Less: Transferred 9,85,679.00 Bank Accounts 73,782.18

Total 2,54,34,275.18 Total 2,54,34,275.18

 OM GANESH ASSOCIATES 2019-20
Prop: P.M.Yogeswara Rao
SATTENAPALLI - 522403
P.M.Yogeswara Rao-Capital A/c
Ledger Account

1-Apr-2019 to 31-Mar-2020
Page 1
Date Particulars Vch Type Vch No. Debit Credit
1-4-2019 By Opening Balance 98,25,973.38
To Cash Payment 1,00,000.00
Being Cash drawn for Personal expences
To Cash Payment 75,000.00
Being Cash drawn for Personal expences
To Cash Payment 1,99,900.00
Being Cash paid to PNB Metlife Insurance Rt No.
C3354777 Policy No. 22519321
To HDFC Bank Ltd A/c No. 23972000000157 Payment 400.00
Being CPIN No.19123700177446
To Cash Payment 75,000.00
Being Cash drawn for Personal expences
To Income Tax A/c Journal 76,200.00
Being Income Tax Transfer to Capital A/c
To Late Fee (GST) A/c Journal 10,950.00
Being Transfer
To Interest on TDS Late Fee A/c Journal 916.00
Being Transfer
To TDS A/c Journal 16,260.00
Being TDS Transfer to Capital A/c
By Profit & Loss A/c Journal 9,85,679.00
Being Transfer to Capital A/c

5,54,626.00 1,08,11,652.38
To Closing Balance 1,02,57,026.38
1,08,11,652.38 1,08,11,652.38
 OM GANESH ASSOCIATES 2019-20
Prop: P.M.Yogeswara Rao
SATTENAPALLI - 522403
Bank OD A/c
Group Summary
1-Apr-2019 to 31-Mar-2020
Page 1
Closing Balance
Debit Credit
HDFC Bank OD A/c No.50200047543385 17,01,602.00
Grand Total 17,01,602.00
 OM GANESH ASSOCIATES 2019-20
Prop: P.M.Yogeswara Rao
SATTENAPALLI - 522403
Unsecured Loans
Group Summary
1-Apr-2019 to 31-Mar-2020
Page 1
Closing Balance
Debit Credit
Grandhi Anusha-Sattenapalli 16,433.00
Kande Raja Ram-Nellore 1,78,678.00
Motamarri Prameela-Sattenapalli 3,94,314.00
Motamarri Rambabu-Sattenapalli 59,982.00
Motamarri Ranganath-Sattenapalli 1,67,975.00
Perumalla Anjanidevi-Sattenapalli 48,176.00
Perumalla Mahesh Kumar-Sattenapalli 48,058.00
Unsecured Loans 48,76,000.00
Venkatapati Aromatics Pvt Ltd-Guntur 43,269.00
Grand Total 58,32,885.00
 OM GANESH ASSOCIATES 2019-20
Prop: P.M.Yogeswara Rao
SATTENAPALLI - 522403
Provisions
Group Summary
1-Apr-2019 to 31-Mar-2020
Page 1
Closing Balance
Debit Credit
Audit Fee Payable 10,000.00
Electricity Charges Payable 35,411.00
GST Payable 2,72,994.00
GST (RCM) Payable 2,858.00
TDS Payable 30,063.00
Grand Total 3,51,326.00
 OM GANESH ASSOCIATES 2019-20
Prop: P.M.Yogeswara Rao
SATTENAPALLI - 522403
Sundry Creditors
Group Summary
1-Apr-2019 to 31-Mar-2020
Page 1
Closing Balance
Debit Credit
Coastal Agro Industries Pvt Ltd-K.Savaram 56,24,058.00
Devalla Subba Rao-Sattenapalli 1,10,000.00
Sri Balaji Poly Packs-Piduguralla 5,83,960.00
Surya Adhesives-Piduguralla 5,12,944.00
Vybhava Lakshmi Industries-Sattenapalli 4,60,473.80
Grand Total 72,91,435.80
 OM GANESH ASSOCIATES 2019-20
Prop: P.M.Yogeswara Rao
SATTENAPALLI - 522403
Stock-in-hand
Group Summary
1-Apr-2019 to 31-Mar-2020
Page 1
Opening Balance Closing Balance
Debit Credit Debit Credit
Cone Gum 1,10,000.00 30,000.00
Kraft Board Waste 1,29,072.00 1,15,902.00
Paper Cones 17,76,250.00 16,53,871.00
Grand Total 20,15,322.00 17,99,773.00
 OM GANESH ASSOCIATES 2019-20
Prop: P.M.Yogeswara Rao
SATTENAPALLI - 522403
Sundry Debtors
Group Summary
1-Apr-2019 to 31-Mar-2020
Page 1
Closing Balance
Debit Credit
Idupulapadu Cotton Mills P Ltd-Ganapavaram 59,58,295.50
Kallam Brothers Cotton's P Ltd-Dhullipalla 37,21,020.50
Patchala Spintex P Ltd-Rajupalem 1,35,877.00
Rayani Spintex P Ltd-Dhullipalla 18,53,359.50
Sakku Spinning Mills P Ltd-Chinnakodrupadu 1,89,420.50
Sri Lakshmi Godavari Spinning Mills Ltd-Chebrolulu 28,03,915.00
Sri Srinivasa Tex Traders-Ganapavaram 48,888.00
Sri Venkata Uma Sankara Spintex P Ltd-Vemavaram 12,92,100.00
Supriya Spinning Mills P Ltd-Boyapalem 8,12,312.50
Vantage Spinners P Ltd-Gollapalli 2,36,248.00
Grand Total 1,70,51,436.50
 OM GANESH ASSOCIATES 2019-20
Prop: P.M.Yogeswara Rao
SATTENAPALLI - 522403
Bank Accounts
Group Summary
1-Apr-2019 to 31-Mar-2020
Page 1
Closing Balance
Debit Credit
HDFC Bank Ltd A/c No. 23972000000157 73,782.18
Grand Total 73,782.18
 OMGANESH ASSOCIATES- SATENAPALLI

Yeild Statement for the year 2019-20

Kraft Board Cone Gum Powder

TOTAL
RAW MATERIALS:
(Qtls ) (Qtls ) (Qtls )

I Opening Stock - 27.50 27.50

ii Purchases during the year 7,914.28 335.25 8,249.53
iii Consumption during the year 7,914.28 355.25 8,269.53
iv Sales during the year - - -
v Closing Stock - 7.50 7.50
Paper cones
(Qtls)
vi Yield of Finished goods Cones 7,150.55 7,150.55
vii Yield of Finished goods Waste 531.84 531.84
viii Shortage/excess if any 231.89
ix Percentage of yeild paper cones 90.35%
x Percentage of yeild Kraft Board waste 6.72%
xi Percentage of Shortage 2.93%
x Total Yeied 92.9

Kraft Board
Paper cones
FINISHED PRODUCTS: Waste
Numbers (Qtls ) Qtls
I Opeing Stock 7,25,000 362.50 430.24
ii Puchases during the year - - -
iii Quantity manufactured 1,43,01,100 7,150.55 531.84
iv Sales during the year 1,43,22,325 7,161.16 145.50
v Closing Stock 7,03,775 351.89 386.34
Note : Each Paper cones 50 Grams

Closing Stock Value

S.No Particulars Quantity Rate Amount

1 Kraft Board - 0 - -
2 Paper Cones 7,03,775 Numbers 2.35 16,53,871
3 Cone Gum 7.50 Qtl 4,000.00 30,000
4 Kraft Board Waste 386.34 Qtl 300.00 1,15,902

Total 17,99,773