Name : M/S RMM LEATHERS

Address : 38, PATNOOL SARDAR JUNG STREET

PERIAMET, CHENNAI - 600 003.

Status : FIRM

Partners : Mr. S.MOHAMMED HANIFFA

Mrs.P.CHELLAMMAL

Purpose of Loan : FOR BUSINESS DEVELOPMENET

Cost of the Project : Rs. 150,00,000.00

C.C. Available From Canara Bank : Rs. 150,00,000.00

Interest Rate : 11.00%

Projections prepared : MR.N.ALAGARSAMY (M.NO: 215410)

(on the basis of Chartered Accountant
assumptions given) by 22/A, Chinnakanmai st
Gonpalayam, Madurai - 22
Tamil Nadu

Provisional Staement For : 2018 - 19

Projection Statement for : Year I - 2019 -20
Year II - 2020 -21
Year III - 2021 -22

Annexures
Project BS
Project P&L
Expenses
Depriciaitaion
 PROJECTED BALANCE SHEET

Provisional PROJECTED
Particulars 31/03/2019 2020 2021 2022
Capital A/C
Partners Capital A/C
S.MOHAMED Hanifa 100,000 200,000 200,000 250,000
D.Chellammal 100,000 200,000 200,000 250,000
Partners Current A/C
S.MOHAMED Hanifa 284,250 373,500 410,250 364,250
D.Chellammal 284,250 373,500 410,250 364,250
Secured Loan
Canara Bank C.C. A/C 0 15000000 15000000 15000000
Curremt Liabilities
Sundry Creditors 3000000 0 0 0

Total 3768500 16147000 16220500 16228500

Application of Funds
Fixed Assets
Furitures & Fittings 11881 10693 9624 8661
Deposits(Assets)
Advances and Deposit 120000 120000 120000 120000
Current Asset
Sundry Debtors 385000 6125000 6000000 5500000
Closing Stock 3186500 9700000 9894000 10388700
Duties & Taxes 11500 45000 50000 60000
Closing Balance
Bank & Cash Balance 53619 146307 146876 151139

Total 3768500 16147000 16220500 16228500

0.467494 0.36523 0.332027

1136.278

1.119917 1.212206 1.067754 1.072725 1.073323

 Projected Profitability Statement
Provisional PROJECTED
Particulars 31/03/2019 2020 2021 2022
Revenue
Opening Stock 3154713 3186500 9700000 9894000
Purchases A/C 21865500 35052000 36804600 40485060
Sales A/c 23118000 32086000 41070000 45177000
Closing Stock 3186500 9700000 9894000 10388700

Gross Profit 1284287 3547500 4459399 5186639

Less: Indirect Expenses

Overhead Expenses 879100 1658050 2004825 2501190

Interest Paid on C.C. 0 918500 1010500 1111500
Partners Remuneration
S.MOHAMED Hanifa 120000 300000 300000 360000
D.Chellammal 120000 300000 300000 360000
Depriciation 1320 1188 1069 962
Total expenses 1120420 3177738 3616394 4333652
Net Profit 163867 369762 843005 852987

A.)D+N+I 0 1289450 1854574 1965449

B.)P + I 0 918500 1010500 1111500

DSCR Ratio (A/B) 1.40 1.84 1.77

Avg DSCR Ratio 1.67

EXPENSES Provisional PROJECTED
Particulars 31/03/2019 2020 2021 2022

TO Bank Charges 7350 13500 14850 18820

TO Assortment Charges 83500 148500 163350 197020
TO Salaries and Wages 337500 523000 575300 691360
TO Rent A/C 150000 150000 150000 150000
TO Eelctricity Charges 8350 21350 23485 29182
TO Telephone Charges 17500 21500 23650 29380
TO Travelling Expenses 36500 83500 91850 111220
TO Conveyance Expenses 21000 42000 46200 56440
TO Communication Expenses 4350 28500 31350 38620
TO Printing, Statrionaries & Xerox 10350 12500 15100 19120
TO Refreshment Expenses 48000 73500 88350 107020
TO Postage & Courier 2400 3200 3740 5488
TO Measuring Expenses 81250 163000 195500 235600
TO Promotional Expenses 11900 150000 179900 216880
TO Repairs & Maintenance 8500 21000 25400 31480
TO Miscellaneous Expenses 11650 24000 28800 35560
TO Audit Fees 7000 7000 10000 10000
TO Partners Intrest Paid 20000 160000 320000 500000
TO Consulting Fees 12000 12000 18000 18000

Total 879100 1658050 2004825 2501190

 Depreciation Schedule

During the
Particulars Year Rate Depreciation
Provisional PROJECTED
31/03/2019 2020 2021 2022

1 Furnitures 13201 10.00 1320 1188 1069 962

Total 13201 1320 1188 1069 962

Balance WDV 11881 10693 9624 8661