BALANCE SHEET

Balance Sheet as at 31st March, 2011

Note
No

Particulars

I. EQUITY AND LIABILITIES

(1) Shareholder's Funds
(a) Share Capital
(b) Reserves and Surplus
(c) Money received against share warrants
(2) Share application money pending allotment
(3) Non-Current Liabilities
(a) Long-term borrowings
(b) Deferred tax liabilities (Net)
(c) Other Long term liabilities
(d) Long term provisions

1
2

3
4
5

(4) Current Liabilities

(a) Short-term borrowings
(b) Trade payables
(c) Other current liabilities
(d) Short-term provisions

6
7
8
9
Total

II.Assets
(1) Non-current assets
(a) Fixed assets
(i) Tangible assets
(ii) Intangible assets
(iii) Capital work-in-progress
(iv) Intangible assets under development
(b) Non-current investments
(c) Deferred tax assets (net)
(d) Long term loans and advances
(e) Other non-current assets

10
11
12
13
14
15
16

(2) Current assets

(a) Current investments
(b) Inventories
(c) Trade receivables
(d) Cash and cash equivalents
(e) Short-term loans and advances
(f) Other current assets

17
18
19
20
21
22
Total

Source:- www.taxguru.in

Figures as at
Figures as at
the end of
the end of
current
previous
reporting period reporting period

Note - 1 Shareholder's Funds

(a) Share Capital
Authorised Capital
...... shares of `..... each
Issued Capital
..... shares of `..... each
(of the above shares..shares are allotted as fully paid up
pursuant to a contract without payment being received in cash)
Subscribed Capital
1.Subscribed and fully paid up
..... shares of `.... each
(of the above shares..shares are allotted as fully paid up
pursuant to a contract without payment being received in cash)
2.Subscribed but not fully paid up
..... shares of `.... each, .... ` Called up x x x
Less calls in- arrear (xx)
Add Shares Forfeited A/c x
TOTAL
(b) Preference Share Capital
Authorised Capital
...... shares of `..... each
Issued Capital
..... shares of `..... each
Subscribed Capital
Subscribed and fully paid up
..... shares of `.... each
Subscribed but not fully paid up
..... shares of `.... each, .... ` Called up x x x
Less calls in- arrear (xx)
Add Shares Forfeited A/c x
TOTAL
Note - 2 Reserves and Surplus
(i) Capital Reserve
Profit Prior to Incorporation
Profit on Reissue of Forfeited Shares
Profit on Redemption of Debentures
Profit on Acquisition of Business
Profit on sale of fixed assets
(ii) Capital Redemption Reserve
(iii) Securities Premium Reserve
(iv) Revaluation Reserve
(v) Share Option Outstanding Account
(vi) Other Reserve
General Reserve
Opening Balance
Add: Transfer from Surplus (P&L)
Closing Balance
(vii) Surplus ( Statement of Profit & Loss)
Opening Balance
Add: Net Profit for the year
Less: Proposed Preference Dividend
Less: Proposed Equity Dividend
Less: Interim Dividend Paid
Less: Discount on Issue of Debentures
Less: Preliminary Expenses
Closing Balance
TOTAL
Note - 3 Long-term borrowings
Debentures issued
Bonds issued
Premium payable on redemption of debentures.
Term loans from banks / other parties
Fixed Deposits (Public Deposits)
Mortgage Loan
Deferred Payment Liabilities-ex: on Sales Tax, Assets
Loans and advances from related parties
Other loans and advances
TOTAL

Note - 4 Other long term liabilities

Trade Payables - Sundry Creditors
Trade Payables - Bills Payable
Premium Payable on Redemption of Debentures
Premium Payable on Redemption of Preference Shares
Contribution to Providend Fund
Interest Accrued on Trade Payable
TOTAL
Note - 5 Long term provisions
Staff Benefit/Benevolent Fund
Employees Group Gratuity Fund
Employees Welfare Fund
Employees Pension / Retirement Fund
Provision for Warranty Claims
Provision for Depreciation
TOTAL
Note - 6 Short-term borrowings
Loans repayable on demand from banks
Bank Overdraft
Cash Credit
Loans from other (related) parties
Short Term Deposits
TOTAL
Note - 7 Trade payables
Sundry Creditors for Goods
Sundry Creditors for Services
Bills Payable (also called Acceptances)
TOTAL
Note - 8 Other Current Liabilities
Long Term Debt maturing
Interest accrued but not due
Interest accrued and due
Income received in advance
Unpaid Dividend
Unclaimed dividend
Excess application money due for refund
Interest due on application money due for refund
Unpaid matured deposits
Interest due on Unpaid matured deposits
Unpaid matured debentures
Interest due on Unpaid matured debentures
Outstanding expenses (salary, wages, rent etc.)
Accrued salary, wages, employees benefits
Calls-in-advance
Employees Provident Fund Payable
Workmens compensation payable
Creditor for purchase of assets (furniture, plant etc.)
Central Sales Tax Payable
VAT Payable
Advance received from Sundry Debtor (customer)
TOTAL
Note - 9 Short term provisions
Provision for employee benefits
Provision for tax (current tax payable)
Provision for expenses (repairs, electricity)
Proposed Dividend
Provision for doubtful debts
Provision for discount on debtors

TOTAL

Note - 10 Tangible Assets

Land
Building
Plant & Equipment
Opening Balance
Add: Acquired during the year
Less: Disposed (Sale) during the year)
Depreciation
Closing Balance
Furniture and Fixtures
Vehicles
Office Equipment
TOTAL
Note 11 Intangible Assets
Goodwill
Brands / Trademark
Computer software
Mastheads (name of newspaper or magazine
printed at the top of the page) and publishing titles
Mining rights
Copyrights and patents
Intellectual Property Rights
Services and Operating Rights
Recipes, formulae, models and designs
Licenses and franchise.
TOTAL
Note 12 Capital work-in-progress
Building under Construction
Factory under Construction
Machinery under Installation
Plant under Construction and Intallation
TOTAL
Note 13 Intangible assets under development
Patents under Development
Intellectual Property under Development
Software under Development
TOTAL
Note 14 Non-current investments
Trade Investments and Non-Trade investments:
Investments in property
In equity shares
In preference shares
In debentures
In mutual funds
In partnership firms
In govt. securities
In trust securities
TOTAL
Note 15 Long term loans and advances
Advance for fixed asset
Security Deposits for electricity
Security Deposit for telephone
Security Deposit with Port Trust
Contract Earnest Money Deposit
Long term loan to employees
Long term advance to suppliers of asset
Advance to Subsidiary Company
TOTAL
Note 16 Other non-current assets
Long Term Trade Receivables
Deferred Credit from Sundry Creditors
Insurance Claims Receivable
Debts due by Directors
Amounts due from Assets sold
Unamortised Expenses and Losses
TOTAL

Note 17 Current Investments

Investments in property
In equity shares
In preference shares
In debentures
In mutual funds
In partnership firms
In govt. securities
In trust securities
Short Term Investments
Marketable Securities
TOTAL
Note 18 Inventories
Raw Materials
Work-in-Progress
Finished Goods
Stock-in-Trade
Stores and Spares
Loose Tools
Goods - in Transit
Stores and Spares

TOTAL
Note 19 Trade receivables
Sundry Debtors
Bills Receivable
TOTAL
Note 20 Cash and cash equivalents
Balance with banks
Cheques, drafts on hand
Cash on hand
Earmarked balances with banks for unpaid divided
Balances with banks held as margin money
Bank deposits
TOTAL
Note 21 Short-term loans and advances
Loans and advances to related parties
Loans and advances to others
TOTAL
Note 22 Other Current Assets
Prepaid expenses
Dividend receivable
Interest accrued on investments
Advance Tax
Unamortised Expenses and Losses to be written off

TOTAL
Contingent Liabilities and Capital Commitments:
Contingent Liabilities:
Claim against the company not yet acknowledged as debt
Liabilities for bills discounted
Guarantee given by the company
Capital Commitments:
Uncalled amount on partly paid up shares
Estimated amount of capital contracts remaining to
be executed and not provided for (penalty).
Arrears of cumulative Preference Share dividend

STATEMENT OF PROFIT AND LOSS

Profit and Loss statement for the year ended 31st
March,
2011 the end of
the
end of
Particulars
Note No
current
previous
reporting
reporting
I. Revenue from operations
II. Other Income
III. Total Revenue (I +II)
IV. Expenses:
Cost of materials consumed
Purchase of Stock-in-Trade
Changes in inventories of finished goods, work-inprogress
Stock-in-Trade
Employeeand
benefit
expense
Financial costs
Depreciation and amortization expense
Other expenses
Total Expenses
V. Profit before exceptional and extraordinary items
and tax

(III - IV)

VI. Exceptional Items

VII. Profit before extraordinary items and tax (V - VI)
VIII. Extraordinary Items
IX. Profit before tax (VII - VIII)
X. Tax expense:
(1) Current tax
(2) Deferred tax
XI. Profit(Loss) from the perid from continuing
operations
XII. Profit/(Loss) from discontinuing operations
XIII. Tax expense of discounting operations
XIV. Profit/(Loss) from Discontinuing operations (XII XIII)
XV. Profit/(Loss) for the period (XI + XIV)
XVI. Earning per equity share:
(1) Basic
(2) Diluted
Source:- www.taxguru.in

(VII-VIII)