SRI L.B.NAGARAJAN, PROP'S : LOTUS ENTERPRISES, No.28, D.N.

STREET,
WALAJAPET - 632 513, VELLORE DISTRITCT.
PROJECTED TRADING ACCOUNT FOR THE YEAR ENDED 31/03/2013

To
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To
"
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"
"
"
"
"
"
"
"
"
"
"
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Rs. P.
Opening Stock
12,14,545.00 By Sales
Purchases
83,82,400.00 "
Closing Stock
Carriage Inwards
99,000.00
Gross Profit c/d
13,89,055.00
11085000.00
PROJECTED PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31/03/2013
Advertisement
20,000.00 By Gross Profit b/d
Audit Fees
7,500.00
Bank Interest
217,500.00
TL Interest
27,189.00
Bank charges
7,500.00
Bonus
36,000.00
Consulting Charges
15,000.00
Depreciation
57,609.00
Electricity Expenses
12,500.00
General Expenses
124,000.00
Newspaper & Periodicals
3,200.00
Postages & Telegrams
5,700.00
Printing & Stationery
14,500.00
Salary
3,48,000.00
Fire Insurance Premium
8,500.00
Staff Refreshments
112,591.00
Telephone charges
20,240.00
Travelling Expenses
82,320.00
Net Profit c/d
2,69,206.00
13,89,055.00

Date :

Rs. P.
96,28,000.00
14,57,000.00

11085000.00
13,89,055.00

13,89,055.00

145000 48333.33

217500

145000
193333.3

SRI L.B.NAGARAJAN, PROP'S : LOTUS ENTERPRISES, No.28, D.N.STREET,

WALAJAPET - 632 513, VELLORE DISTRITCT.

PROJECTED BALANCE SHEET AS AT 31.03.2013

LIABILITIES

ASSETS
Rs.

GOD Account
Prop's Capital Account
Sri L.B.Nagarajan Capital
(Vide Capital Extract)
SECURED LOAN:Indian Bank TL A/c
CURRENT LIABILITIES:Indian Bank OD A/c 524904193

P.

1,501.00

12,53,142.18

Rs.
FIXED ASSETS :(Schedule Enclosed)
CURRENT ASSETS :Advances & Deposits
Sundry Debtors

P.

488,977.00

12,500.00
8,14,000.00

1,33,340.00
Closing Stock
15,00,000.00

Cash at Bank:Indian Bank SB A/c 918562764

walajapet
Cash on hand

28,87,983.18

14,57,000.00

2,853.00

112,653.18

28,87,983.18

SRI L.B.NAGARAJAN, PROP'S : LOTUS ENTERPRISES, No.28, D.N.STREET, WALAJAPET - 632 513.
Sri L.B.Nagarajan Capital Account For the year ended 31/03/2013
Date

Particular

1/4/2012

By Opening Balance b/d

3/31/2013

Cr
1065936.18

To Personal drawings on various dates

72000.00

To LIC Premium paid on various dates

10000.00

By Net Profit for the year

269206.00

By Balance c/d

1/4/2013

Dr

1253142.18

Total

1335142.18

By balance b/d

1253142.18

1335142.18

DEPRECIATION STATEMENT UNDER INCOME TAX, 1961

For the financial year 2012 -2013
Sl. No.
1
2
3
4

Description of Assest
Block-A @ 10% Furnitures
Block-B @ 15%
Computer@60%

Building @ 10%

Rate (%)
10.00%
15.00%
60.00%
10.00%

WDV as on
01-04-2012

Before
30-09-2012

After
01-10-2012

5,183
19,723
3,930
517,750
546,586

Deletions

Total
5,183
19,723
3,930
517,750
546,586

Depreciation
For 2012-13
518.00
2,958.00
2,358.00
51,775.00
57,609

WDV as on
31-3-2013
4,665
16,765
1,572
465,975
488,977

Sl. No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21

1
2
3
4

Description of Assest
Block-A @ 10% Furnitures
Block-B @ 15%
Computer@60%

Building @ 10%

DEPRECIATION STATEMENT UNDER INCOME TAX, 1961

For the financial year 2012 -2013
WDV as on
Before
After
Rate (%)
Deletions
01-04-2012
30-09-2012
01-10-2012
10.00%
15.00%
60.00%
10.00%

4,665
16,765
1,572
465,975
488,977

Kovshic Pressure

Sl. No.
1
2
3
4

Total
4,665
16,765
1,572
465,975
488,977

Depreciation
For 2012-13
467.00
2,515.00
943.00
46,597.00
50,522

WDV as on
31-3-2013
4,198
14,250
629
419,378
438,455

8250.00

Description of Assest
Block-A @ 10% Furnitures
Block-B @ 15%
Computer@60%

Building @ 10%

DEPRECIATION STATEMENT UNDER INCOME TAX, 1961

For the financial year 2012 -2013
WDV as on
Before
After
Rate (%)
Deletions
01-04-2012
30-09-2012
01-10-2012
10.00%
15.00%
60.00%
10.00%

4,199
14,251
629
419,378
438,457

Turnamatic Enginnering Ltd

41265.00

Ultramarine Pigments Ltd

12620.00

Vamco

13545.00

Vijayn Polypack

2800.00

Vltra Marine Ltd

1000.00

79480.00

Total
4,199
14,251
629
419,378
438,457

Depreciation
For 2012-13
420.00
2,138.00
377.00
41,938.00
44,873

WDV as on
31-3-2013
3,779
12,113
252
377,440
393,584