SHREE RAM ELECTRICITY LLP

BALANCE SHEET AS AT 31st MARCH 2018

Particulars Note No. 2018

1)Non-current Assets
a)Property, Plant & Equipment
b)Capital work-in-progress 1 20612640
c)Investment Property
d)Other Intangible Assets
e)Intangible Assets under development
f)Financial Assets
(i) Investments 2
(ii) Loans 236594
g)Other Non- current Assets 20861685
Total
2)Current Assets
3
a)Inventories 12451
b)Financial Assets
(i) Investments 4
(ii) Trade receivables 5
(iii) Bank, Cash & cash equivalents 17855413
(iv) Loans 474992
c)Other Current Assets 39192090
TOTAL ASSETS
EQUITY & LIABILITIES
EQUITY AND LIABILITIES:
Equity Share capital 6 35,188,206
Other Equity 7 (2,417,466)
32,770,740
Non-current Liabilities :
Financial Liabilities
(i) Borrowings
(ii) Other long term liabilities
Provisions
Deferred tax liabilities (Net)
Other non current liabilities
32,770,740
2)Current Liabilities
Financial Liabilities
(i) Borrowings
(ii) Trade Payables
(iii) Other financial liabilities
b)Other current liabilities 8 8,850
c)Provisions 9 6,412,500
TOTAL EQUITY AND LIABILITIES 6,421,350
 SHREE RAM ELECTRICITY LLP
Statement of profit and loss for the year
ended 31st MARCH 2018

Sr No Particulars Note Year Ended

No. 31.03.2018
1 Other income 10 848,468.00
2 Total Revenue 848,468.00

3 Expenses:
Finance costs 11 179.17
Other expenses 12 22,912.00
Total Expenses 23,091.17
4 Profit before Tax (II-III) 825,376.83

5 Tax expense:
(1) Current tax
(2) Deferred tax
(3) Income Tax related to
earlier years
(4) MAT Credit Entitlement
6 Profit for the period (IV - V) 825,376.83

7 Total Comprehensive 8 25,376.83

Income for the period
 BALANCE SHEET ANALYSIS
Balance sheet analysis can be defined as an analysis of the assets,
liabilities, and equity of a company. ... The process of balance sheet
analysis is used for deriving actual figures about the revenue, assets, and
liabilities of the company. The balance sheet analysis is helpful for the
investors, investment bankers, share brokers, and financial institutions, for
verifying the profitability of investment for a specific company.
The balance sheet of shriram electricity llp consist of assets and liabilities.
The assets of the llp includes the freehold land owned by the llp which is the
investment property. The other non-current assets includes unsecured loans
and advances. The loans of the llp are also unsecured which is considered
good for the llp. The next asset is cash and bank balance which is in current
accounts and some part is deposited in the bank. Advances other than
loans were the balances with the tax authorities.
The liability of the llp consisted of the other equity. It has no capital reserve.
The llp also does not have securities premium account. The surplus was the
profit from profit and loss account. The llp has outstanding audit fee payable
as current liability. It has made some provision for expenses also.
 PROFIT AND LOSS A/C ANALYSIS

The profit and loss account of shriram electricity llp shows various income
and operating expenses of the firm. Profit and loss report (often referred as
p&l report, income statement, or statement of operations) is one of the
primary reports in the system of enterprise accounting, which plays an
important role in the financial statement analysis. It contains summarized
information about firm’s revenues and expenses over the reporting period.
Most common are income statements that contain the quarterly and yearly
information. The goal of the statement of income is to measure the profit of
a business over the reporting period by excluding the expenses of a firm
from its revenues
The llp received interest in the form of other income. This was the only
income for the llp which gave the total revenue.
The expenses of the llp consisted of various finance costs expended which
includes expenses for bank charges. It also incurred some operating
expenses which were audit fee, filling fee, travel expenses, legal expenses,
office expenses, printing and stationary etc. The total of these charges and
expenses gave the total expenditure of llp.
Income before income taxes is operating income including (or excluding)
other income or expense. After deducting the expenses from the income we
got the profit before tax which was
Rs. 825,376.83.
Income taxes includes all state and local taxes, which are based on the
reported profit of an enterprise. There was no current tax or deferred tax
expenses.
So the llp got the total profit for the period.
 Conclusion
Analysis and interpretation of financial statements is an important tool in
assessing company’s performance. It reveals the strengths and
weaknesses of a firm.
The study undertaken has brought in to the light of the following conclusions
From the analysis of the financial statements , it is clear that SHRIRAM LLP
has been incurring profit during the period of study.
So the firm should focus on getting more profits in the coming year by taking
care of the internal as well as the external factors.
As with regard to the resources, the firm has utilized the assets properly.
And also the firm has a maintained low inventory.
All the information and explanations are obtained which are to the best of
our knowledge and belief necessary.
In our opinion, proper books of account as required by law have been kept
by the LLP.
The Balance Sheet and Statement of Profit and Loss is in agreement with
the books of account.
The Balance Sheet and Statement of Profit and Loss comply with the
Accounting Standards to the extent applicable.
From the analysis of the Balance Sheet and Profit and Loss Statement of
SHRIRAM LLP, it was concluded that the liquidity position of the company is
good.