GMT Fund LLP NAV Statement for Q1-2023

SR No Perticuler Q1 Q2
Unfunded Commitment 20000.00 0.00
Original Commitment 100000.00 -

Beginning Balance 80000.00 80000.00

Capital
Funded Capital Call 80000.00 20000.00

Funded Additional Capital 0.00

InvestmentBuyOut -Purchase 80000.00 80000.00

Unrealised Gain 50000.00
Realised Gain

ROC Distributions-Collable

Income Interest Income

Dividend

Operating Net Managerment fees -1500.00

Prep-paid Expenses
Payable Expenses -1500.00

Reserve Cash 0.00 20000.00

Ending Balance 80000.00 150000.00

Ending Bal NAV 80000.00 147000.00

CMV of Investment 80000.00 130000.00
 Book Value of Investment 80000.00 80000.00
Unrealised Gain 50000.00

Case SR Journal Entries Account

Capital received 1/1/23 Cash Account Cash

Capital Call Account Capital

Invested 1/1/23 Investment - Buyout Account Investment

Cash Account Cash

Value Change 4/1/23 Investment Gain Account Investment

Unrealised Gain Account Gain/Income

2d Capital Call 4/1/23 Cash Account Cash

Capital Call Account Capital

Fees Paid 4/1/23 Management Fees Account Exp

Cash Account Cash

Payable Paid 4/1/23 Payable Account Exp

Cash Account Cash

Distribution 7/1/23 Distribution - Collable - Account Capital

Cash Account Cash

Valuation Adjustme 7/1/23 Investment Gain Account Investment

Unrealised Gain Account Gain/Income
Dec 1 to 31 Dec
t for Q1-2023 Balance Shee

Q3 Q4 YTD Liability Rs
10000.00 10000.00
- 100000.00 Total Subscriptions 100000.00
0.00 Capital Call 100000.00
0.00 A-40000
147000.00 147000.00 B-30000
0.00 C-10000
- 100000.00 Additional Capital 5000.00
0.00 Unrealised Gain 200000.00
0.00 Unrealised Gain 39058.00
0.00 Loss from PNL Adjust -41437.50
0.00 Distributions -53500.00
0.00 Distributions -160062.50
80000.00 80000.00
100000.00 100000.00
0.00 Admin 0.00

0.00 Legal Expenses 100.00

-10000.00 -10000.00 FR 220.00
0.00 Other Partnership Expenses 110.00
0.00 12.00 0.00
0.00 Total Net payable 442.00 442.00
- 0.00

- 0.00 Total Liabilities 89500.00

0.00
0.00 NAV
0.00
0.00 -1500.00
0.00
0.00 -1500.00
0.00
0.00
17000.00 17000.00
0.00
0.00
187000.00 187000.00
0.00
0.00
187000.00 147000.00 NAV Dissemination/ Disclosu
180000.00 130000.00
80000.00 80000.00 GMT Fund LLP NAV Stateme
100000.00 100000.00 Q1
80000.00

DR CR

80000.00 Working Notes / Highlights

80000.00
Management Fees
Q1
80000.00
80000.00 1600.00
80000.00 400.00

50000.00
50000.00

20000.00
20000.00

1500.00
1500.00

1500.00
1500.00

10000.00
10000.00

50000.00
50000.00
 Balance Sheet

Assets A/c Type Rs Expenses & Losses - Debit

BuyOut ABC EQ 50000.00 Pre-paid Exp

Appreciations Gain 2000.00 Payables
Dividend Receivable Income 2000.00 Expenses
BuOut Xyz EQ 50000.00
Depreciations Loss -15000.00
Interest Receivable Income 500.00
Cash Book
Cap Call 100000.00
Buy Assets -100000.00
Cash for Exp 5000.00
Pre-Paid -5000.00
Distributions -53500.00
Incentive fees & Dist LP/GP -194000.00
Payable paid -4000.00
Cash received as rebate 1500.00
Sale of Investments 250000.00
Cash Clos Bal 0.00
Pre Paid Expeses 5000.00
Reliased -3500.00
Rebate -1500.00

Total Assets 89500.00 0.00

89500.00

AV Dissemination/ Disclosuer Report

MT Fund LLP NAV Statement for Q1-2023
Q2 Q3 Q4
147000.00 187000.00

orking Notes / Highlights

anagement Fees
Q2 Q3 Q4
147000.00 187000.00
2940.00 3740.00
735.00 935.00
Rs Income - Credit Rs

-3500.00 Unrealised gain 0.00

-4000.00 Unrealised gain 0.00
-33937.50

-41437.50 0.00
 GP

Un-Called
Un-used 70000
Un-used Fees 30000
Fund Call not more than 100000
Remaining balance / Outstanding Bal
Upfront Fees on Pending Amt 1-May
Updated Amout 100000
Target Funding

Total Commitment
100000

Commitments

Credit Facility LP

LP/LPA
Approved
100000 Inase of Use Fund

10% Inst P.A & Upfront Fees on unused

Expiry- 2026
New Investment Opportunities GMT Academy - 30000 , Stocks
Investment
Fund Manager & Expenses
Operating Exp Profit 20000
Stock Sold @ 50000
Called
30000
10% - Pref Inst / IRR
Repay back to Investors Used + Interest + Charges+ Gain/Loss

Capital Call to Call capital from the investors which already agreed as per the commitment letter
Capital Call CC is the part agreed Commitments
If Investors Fails to make Payment on due date - it may lead to penalties and legal actions
If Fund called the capitla then Fund is only pay inst on Called Capital

Capital call 30000 Capital Call

Interest 3000 Pref Int
Total Cost 33000

Cash Amou 50000 Investment Value Received

C& I -33000 Distributio Capital 30000 Callable Distributions
Due Exp -1000 Interest 3000
Due Mgnt -1000
Misc -1000
Incentive F -500
Net Distri 13500 20- GP , 80- LP
GP 2700 Split/ Profit Share
LP 10800

Capital Call 80000

demy - 30000 , Stocks

e commitment letter

d legal actions
 Bank

Pending
Un-used 50000
Un-used Fees 30000
User Can not draw more than 1000 80000

Pending Outstanding
 Credit Facility

Total Commitment
100000 120000

Commitments

Credit Faciltiy User

Approved
100000 Inase of Use Fund

36% Inst P.A & Upfront Fees on unused

Expiry- 2026

User Access Investment Expenses

Stocks Daily
Used/Drawn Etc Other
30000
3% PM- Inst
Repay back to bank Used + Interest+ Charges

Pending Outstanding Capital call 30000 3%

Capital call 20000 3%
Distribution / 30000 Callable Distributions
 Geneva

Ledger Due Date Subscriptions 10000

Subscriptions Receivable A/C DR 10000

Share Capital A/C CR 10000

Ledger Due Date Subscriptions 10000

Over Subscriptions Subscriptions Receivable A/C DR 10000

Share Capital A/C CR 10000

Ledger Due Date Subscriptions 10000

Under Subscriptions Subscriptions Receivable A/C DR 10000

Share Capital A/C CR 10000

Commitments utilization Cycle by FM & GP to Invest in

Q1

Funding Utilisations 100000 90000 80000

Subscriptions 10000 10000

Units 10000 10000

Pre Interest charged Cash Received as Capital

on Subscriptionsed Amt Only
Cash / Bank A/C DR 10000
Share Capital A/C CR 10000
 Target Funding

Total Commitment
100000

Commitments

GP Credit Facility

LP/LPA
Approved
100000
FM Called Amout for 10% Inst P.A
Investment & Expenses Expiry- 2026

Fund Manager

Un-Called
Un-used 70000
Un-used Fees 30000
Fund Call not more than 100000
Remaining balance / Outstanding Bal
Upfront Fees 1-May
Updated Amou 100000
 HF/MF

Subscriptions

Custodian

Statements Settled Cash Incoming Wire 10000

Cash / Bank A/C DR 10000

Subscriptions Receivable A/C CR 10000

Statements Settled Cash Incoming Wire 12000

Cash / Bank A/C DR 12000

Subscriptions Receivable A/C CR 10000
Cash in Advance/ Payable A/C CR 2000

Statements Settled Cash Incoming Wire 9000

Cash / Bank A/C DR 9000

Subscriptions Receivable A/C DR 1000
Subscriptions Receivable A/C CR 10000

zation Cycle by FM & GP to Invest in Securities Repayment of Capital + I+ Gain

Q2 Q3 Q4 Q5 Q6

60000 0 10000

20000 60000 -10000

20000 60000

Repay Subscriptions

Redemptions A/c CR
Cash / Bank A/C CR
 LP

Inase of Use Fund

& Upfront Fees on unused

New Investment Investment Opportunities GMT Academy - 30000 , Stocks

& Expenses
Operating Exp Profit
Stock Sold @ 50000
Called
30000
10% - Pref Inst / IRR
Repay back to Investors Used + Interest + Charges+ Gain/Loss

Subscriptions to Call capital from the investors which already agreed as per the commitment letter
Subscriptions CC is the part agreed Commitments
If Investors Fails to make Payment on due date - it may lead to penalties and legal actions
If Fund called the capitla then Fund is only pay inst on Called Capital

Subscriptions 30000 Subscriptions

Interest 3000 Pref Int
Total Cost for 33000

Cash Amount 50000 Investment Value Received

C& I -33000 Redemptions Capital 30000 Callable Redemptions
Due Exp -1000 Interest 3000
Due Mgnt -1000
Misc -1000
Incentive Fees -500
Net Distributa 13500 20- GP , 80- LP

GP 2700 Split/ Profit Share

LP 10800

Subscriptions 80000
pital + I+ Gain

Q7

20000

-10000

10000
10000
MT Academy - 30000 , Stocks

20000
ock Sold @ 50000
 HF/MF

Investment

Geneva

Ledger Trade Date Buy Shares 10000

Purchase A/C DR 10000

Payable A/C CR 10000

Ledger Due Date Sale of Shares 10000

Trade Receivable A/C DR 10000

Sale of Shares A/C CR 10000

MTM - FVTPL

Un-Gain Un-Loss
DR (+500) (-1000)
Purchase Assets Increase 10000 10500 9500
Cash Out Assets Decrease -10000
CR
Investment Gain on Assets Loss on Assets

Purchase A/C DR 10000 Investment Gain A/C DR 500 Unrealised Loss A/C DR
Cash A/C CR 10000 Unrealised Gain A/C CR 500 Investment Loss A/C CR

10000
10000 MTM - FVTPL

Un-Gain Un-Loss
DR (+500) (-1000)
Purchase Assets Increase 10000 10500 9500
Cash Out Assets Decrease -10000 If Sale here
CR
Value - 9500

Cash A/C DR
Realised Loss A/C DR
Sale of Investment A/C CR
 Custodian

Statements Settled Cash Outgoining Wire 10000

Payable A/C DR 10000

Cash / Bank A/C CR 10000

Statements Settled Cash Outgoining Wire 12000

Cash / Bank A/C DR 12000

Trade Receivable A/C CR 10000 `
Realised Gain on Investments 2000

MTM - FVTPL

Un-Gain un-Gain
(+500) (+4500)
10000 15000

nrealised Loss A/C DR 500

Investment Loss A/C CR 500

MTM - FVTPL Sale at Point

Un-Gain un-Gain
(+500) (+4500)
10000 15000
If Sale here

Value -15000

9500 Cash A/C DR 15000

ealised Loss A/C DR 500 Sale of Investment A/C CR 10000
Sale of Investment A/C CR 10000 Realised Gain A/C CR 5000
Zx
fgj'
 Expenses

Geneva

Ledger Trade Date Expenses Due 1000

Expenses A/C DR 1000

Payable A/C CR 1000

Ledger Due Date Pre-Paid 1000

No Dues Pending

Ledger Due Date Expenses Due 1000

Expenses A/C DR 1000

Payable A/C CR 1000

Ledger Due Date Expenses Due 1000

Expenses A/C DR 1000

Payable A/C CR 1000

Pre-paid Expenses Scheduled

Jan Feb Mar Apr May Jun

Expenses Increasing MOM

DR
Expenses Expenses 1200 100 100 100 100 100
Pre-Paid Expenes Assets 1200 1100 1000 900 800 700
CR

Assets Decreasing MOM

When Cash Paid in Advance
Prepaid Expenses A/C DR 1200
Cash/Bank A/C CR 1200
Accrued Expenses Scheduled

Expenses Increasing MOM

Expenses Expenses 100 100 100 100 100 100

Accrued Expenses Liability 100 200 300 400 500 600

Liabilities Increasing MOM

When accrue Expenses

Expenses A/C DR 1000
Payable A/C CR 1000
 Custodian

Statements Settled Cash Outgoining Wire 1000

Payable A/C DR 1000

Cash / Bank A/C CR 1000

Statements Settled Cash Outgoining Wire 1200

Prepaid Expenses A/C DR 1200

Cash/Bank A/C CR 1200 Amortize based on Accounting Cycle

Statements Settled Cash Outgoining Wire 1200

Payable A/C DR 1000

Prepaid Expenses A/C DR 200
Cash / Bank A/C CR 1200

Statements Settled Cash Outgoining Wire 900

Payable A/C DR 1000

Cash / Bank A/C CR 900
Payable A/C CR 100

Jul Aug Sep Oct Nov Dec

Total Exp

100 100 100 100 100 100 1200 Amortize Expenses

every Month & Make it
600 500 400 300 200 100 0 Zero

Total Assets

Amortize Expenses every M

Expenses A/C DR 100

Prepaid Expenses A/C CR 100

Total Exp

100 100 100 100 100 100 1200

700 800 900 1000 1100 1200 1200

Total Liabilities

Accrued Paid in Cash

When accrue Exp Paid

Payable A/C DR 1000
Cash A/C CR 1000
 Amortize Expenses
every Month & Make it
Zero
 Income

Geneva

Dividend Ledger Ex Date Date Dividend Due 1000

Receivable A/C CR 1000

Dividend Income A/C CR 1000

Ledger Ex Date Date Dividend Due 1000

Receivable A/C DR 1000

Dividend Income A/C CR 1000

Interest Ledger SD Interest Due 1000

Receivable A/C DR 1000

Interest Income A/C CR 1000

Interest Scheduled on Fixed Income Sec

CA Increasing MOM
DR
Receivable C Assets 100 100 100 100 100 100
Interest Income Income 100 200 300 400 500 600
CR
Income Increasing MOM

Monthly Accruals JE

Receivable A/C DR
Interest Income A/C CR

Dividend Income Recording Process

 CA Increasing MOM

Divi Announced Ex Date

DR
Receivable C Assets 1200
Dividend Income Income
CR
Income Increasing MOM

Accrued from Ex date

Receivable A/C DR 100

Dividend Income A/C CR 100
 Custodian

Statements Settled Cash Incoming Wire on PD 1000

Cash / Bank A/C DR 1000

Receivable A/C CR 1000

Statements Settled Cash Incoming Wire on PD 9900

Cash / Bank A/C DR 9900

Tax/Expenses A/C DR 100
Receivable A/C CR 1000

Statements Settled Cash Incoming Wire on PD 1000

Cash / Bank A/C DR 1000

Receivable A/C CR 1000

Total Receivable

100 100 100 100 100 100 1200

700 800 900 1000 1100 1200 1200

Total Income Receivable Realised

At the end of Year
If Payment Settled

100 Cash / Bank A/C DR 1200

100 Receivable A/C CR 1200
 Total Receivable

Record Date Payment Date

1200 1200 1200

1200

Total Income
Receivable Realised
on Div Payment Date
If Payment Settled If Payment Settled

Cash / Bank A/C DR 1200

Receivable A/C C 1200
Receivable Realised
At the end of Year

1000
1000
Receivable Realised
on Div Payment Date
 Redemptions

Geneva

Ledger Due Date Capital Redempti 10000

Capital Return Redemptions A/C DR 10000

Payable A/C CR 10000

Ledger Due Date Interest Repay 2000

Interest Return Interest Exp A/C DR 2000

Payable A/C CR 2000

Ledger Due Date Gain Redemption 10000

Gain Distributed Redemptions A/C DR 10000

Payable A/C CR 10000

Fund utilization Cycle by FM & GP to Invest in Securities

Q1 Q2

Commitments 100000 90000 80000

Subscriptions 10000 10000

Pre Interest charged Cash Received as Capital

on Subscriptionsed Amt Only
Cash / Bank A/C DR 10000
Subscriptions Receivable A/C CR 10000
 After the Sale of Investment - Fund Returning to the LP

Q1 Q2

Commitments 100000 90000 80000

Subscriptions 10000 10000

Accrue Pre Interest 100 200
Unrealised Gain 500 2000

Pre Interest charged Cash Received as Capital

on Subscriptionsed Amt Only
Cash / Bank A/C DR 10000
Subscriptions Receivable A/C CR 10000

Target Funding

Total Commitment
100000

Commitments

GP Credit Facility LP

LP/LPA
Approved
100000
FM Access Funding 10% Inst P.A
for Investment & Exp Expiry- 2026
New
Investment
Fund Manager & Expenses

Un-Called Called
Un-used 70000 30000
Un-used Fees 30000 10% - Pref Inst / IRR
Fund Call not more than 100000 Repay back to Investors Used
Remaining balance / Outstanding Bal
Upfront Fees on 1-May Subscriptions
Updated Amout 100000 Subscriptions
If Investors Fails to make Paym
If Fund called the capitla then

Subscriptions
Interest
Total Cost for PE

Cash Amount
C& I
Due Exp
Due Mgnt
Misc
Incentive Fees
Net Distributab

GP
LP

Subscriptions

Un-Called Called Amout

Drawn Capital
30000
3000

Redemptions

Captal Called Interest

30000 3000
 Custodian

Statements Settled Cash Outgoing Wire 10000

Payable A/C DR 10000

Cash / Bank A/C CR 10000

Statements Settled Cash Outgoing Wire 2000

Payable A/C DR 2000

Cash / Bank A/C CR 2000

Statements Settled Cash Outgoing Wire 9000

Payable A/C DR 10000

Cash / Bank A/C CR 10000

est in Securities Repayment of Capital + Gain

Q3 Q4 Q5 Q6 Q7

60000 0 10000 20000

20000 60000 -10000 -10000

Repay Subscriptions

Redemptions A/c CR 10000

Cash / Bank A/C CR 1000
urning to the LP Repayment of Capital + I+ Gain

Q3 Q4 Q5 Q6 Q7

60000 0 10000 20000

20000 60000 -10000 -10000

5000 6000 -100 -200
50000 10000 -500 -2000

FIFO- First Call Fist Out

Repay Subscriptions

Redemptions A/c CR 20000

Interest A/c CR 300
Gain A/c CR 2500
Cash / Bank A/C CR 22800

Inase of Use Fund

& Upfront Fees on unused

New Investment Opportunities GMT Academy - 30000 , Stocks

Investment
& Expenses
Operating Exp Profit 20000
Stock Sold @ 50000

- Pref Inst / IRR

ay back to Investors Used + Interest + Charges+ Gain/Loss
 to Call capital from the investors which already agreed as per the commitment letter
CC is the part agreed Commitments
vestors Fails to make Payment on due date - it may lead to penalties and legal actions
nd called the capitla then Fund is only pay inst on Called Capital

30000 Subscriptions
3000 Pref Int
33000

50000 Investment Value Received

-33000 RedemptionsCapital 30000 Callable Redemptions
-1000 Interest 3000
-1000
-1000
-500
13500 20- GP , 80- LP

2700 Split/ Profit Share

10800

80000

Subscriptionsed
Interest 10% PA

Realised Gain/Loss

10800