pl15M/s Tara ChandDodara, AkhnoorTrading And Profit & Loss A/C[For the year ending 31-03-2015]ParticularsAmount `ParticularsAmount `

To Opening Stock645874.00By Sales4619700.00To Purchases, Freight(Including Commission)& Carriage4158256.00To Gross Profit c/d600561.00By Closing Stock784991.00

5404691.005404691.00

To Salaries & Wages110000.00By Gross Profit b/d600561.00To Sweeper Charges1800.00To Misc. Expenses8625.59To Bank Interest58100.00To Insurance6979.00To Travelling Expenses11221.00To Printing & Stationery8912.00To Telephone Expenses11278.00To Depreciation5408.41To Entertainment Expenses3421.00To Electricity Expenses3120.00To Newspaper Expenses2120.00230985.00

To Net Profit369576.00600561.00600561.00

Note:Compiled from information provided to us.Note:Value of closing stocks is as certified by the proprietor.

For GSA & AssociatesChartered AccountantsCA. Anshul Gupta(Partner)Place: AkhnoorDt: 10-07-2015

bs15M/s Tara ChandDodara, AkhnoorBalance Sheet[ As on 31-03-2015 ]

LiabilitiesAmount `AssetsAmount `Capital A/c 791657.91Fixed Assets:( As per Annexure A )Furniture & FixturesWDV54084.06Less: Depreciation5408.4148675.65

Secured LoansJ&K Bank Ltd, Jourian585312.90CCL

Current Assets:Stock in Trade784991.00Sundry Debtors537058.00

Current Liabilites:Cash & Bank Bal.Sundry Creditors61210.00Cash in hand67456.16

1438180.811438180.81Note:Compiled from information provided to us.Note:Value of closing stocks is as certified by the proprietor.

For GSA & AssociatesChartered AccountantsCA. Anshul Gupta(Partner)Place: AkhnoorDt: 10-07-2015

cap15M/s Tara ChandDodara, AkhnoorF.Y: 2014-15A.Y: 2015-16Annexure-A

Capital Account of the Proprietor

ParticularsAmount `ParticularsAmount `To Withdrawls240000.00By Balance B/d662081.91

To Balance c/d791657.91By Net Profit369576.00

1031657.911031657.91

pplM/s Tara ChandDodara, AkhnoorProjected Trading and Profit & Loss account for three years(` IN LACS)ParticularsProjectedProjectedProjectedIst YearIInd YearIIIrd YearIncome

Sales (Including Commission)51.4056.5462.19Closing stock9.9010.4010.91{A}61.3066.9473.11Expenditure

Opening stock7.859.9010.40Purchases46.7749.6854.63{B}54.6259.5865.02

Gross Profit (A-B) {C}6.687.358.090.00Selling, General & Adm. Expenses1.581.842.13Interest on CC Limit 0.950.950.95

Depreciation0.050.040.04{D}2.572.833.11Net Profit (C-D)4.114.524.980.000.000.000.00 Prepared on the basis of information, estimates & other records provided to us.For GSA & AssociatesChartered AccountantsCA. Anshul Gupta(Partner)Place: AkhnoorDt: 10-07-2015

pbsM/s Tara ChandDodara, AkhnoorProjected Balance Sheets for three years(` IN LACS)SOURCES OF FUNDSProjectedProjectedProjectedIst YearIInd YearIII YearCapital A/COpening Balance7.92 9.2310.76Add: Net Profit4.114.524.98 12.03 13.76 15.73Less:Drawings2.803.003.209.2310.7612.53

Working Capital Limit7.007.007.00

Total (A)16.2317.7619.53

APPLICATION OF FUNDS

Fixed AssetsCost/WDV0.490.440.40Less: Depreciation0.050.040.04 (a)0.440.400.36Current Assets,Loans &AdvancesClosing stock9.9010.4010.91Sundry Debtors5.936.527.180.000.000.00Cash & Bank Balances1.762.353.1917.5919.2721.28Less:Current Liabilities1.801.912.10 (b)15.7917.3619.18Total B (a+b)16.2317.7619.53 Prepared on the basis of information, estimates & other records provided to us.For GSA & AssociatesChartered AccountantsCA. Anshul Gupta(Partner)Place: AkhnoorDt: 10-07-2015

pcflM/s Tara ChandDodara, AkhnoorProjected Cash Flow Statement for three years(` IN LACS)SOURCESProjectedProjectedProjectedIst YearIlnd YearIII YearNet Profit after Depreciation4.114.524.98Depreciation0.050.040.04Proceeds from Working Capital Limit1.15

Increase in Other Current Liabilities1.190.110.19Total (A)6.504.685.21APPLICATIONSWithdrawals2.803.003.20Increase in Other Current Assets0.560.590.65Increase in Stock2.050.500.52Total (B)5.414.094.37Surplus/(Deficit) (A-B)1.090.590.83Add Opening Cash Balance0.671.762.35

Closing Cash Balance1.762.353.19

Prepared on the basis of information, estimates & other records provided to us.For GSA & AssociatesChartered AccountantsCA. Anshul Gupta(Partner)Place: AkhnoorDt: 10-07-2015

nwcM/s Tara ChandDodara, AkhnoorPROJECTED WORKING CAPITAL CALCULATION(` IN LACS)PARTICULARS YEAR-I YEAR-II YEAR-III(A) CURRENT ASSETS :- (I) Stocks9.9010.4010.91(ii) Receivables5.936.527.18(iii) Advances & Security0.000.000.00(iv) Cash & Bank Bal.1.762.353.19

17.5919.2721.28

(B) CURRENT LIABILITIES :- Sundry Creditors1.801.912.101.801.912.10(C) WORKING CAPITAL GAP15.7917.3619.18(D) MINIMUM STIPULATED NET6.326.947.67 WORKING CAPITAL (TO BE CONT. BY PROP.) (I.e. 40 % OF ITEM C )(E) ACTUAL/ PROPOSED NET8.7910.3612.18 WORKING CAPITAL CONT. BY PROP.(F) ITEM C minus ITEM D9.4810.4211.51 (G) ITEM C minus ITEM E7.007.007.00

(H) MAX. PERMISSIBLE BANK7.007.007.00 FINANCE ( ITEM F or G , WHICH EVER IS LOWER )Prepared on the basis of information, estimates & other records provided to us.For GSA & AssociatesChartered AccountantsCA. Anshul Gupta(Partner)Place: AkhnoorDt: 10-07-2015

assumpAssumptions used while making projections1Sales is to be increased by 10% every financial year2Closing Stock is to be increased by 5% every financial year3Debtors have been takes as six weeks of sales4Creditors have been taken as two weeks of purchases5Depreciation is taken on written down value method.6Rate of Depreciation is as per Income Tax Act, 1961.7Interest on Working Capital Limit is taken @ 13.50% P.A.8It has been assumed that working capital limit will be used to the fullest throughout the year.

rATIOSRATIOS USED WHILE MAKING THE PROJECTIONS1CURRENT RATIOCURRENT ASSETS/ CURRENT LIABILITIESCACLCRIST YEAR17.598.802.00IIND YEAR19.278.912.16IIIRD YEAR21.289.102.342NET WORKING CAPITALCURRENT ASSTS- CURRENT LIABILITIESCACLNWCIST YEAR17.598.808.79IIND YEAR19.278.9110.36IIIRD YEAR21.289.1012.183NET WORTH OF THE FIRMIST YEAR9.23IIND YEAR10.76IIIRD YEAR12.534STOCK HOLDING PERIODCL STOCK*365/NET PURCHASESIST YEAR77.26IIND YEAR76.36IIIRD YEAR72.935DEBTORS PERIODSDEBTORS*365/NET SALESIST YEAR42.12IIND YEAR42.12IIIRD YEAR42.126CREDITORS PERIODSCREDITORS*365/NET PURCHASESIST YEAR14.04IIND YEAR14.04IIIRD YEAR14.04