Name of the Limited Liability Partnership …..............

Balance Sheet as at ………………………

(Amount in Rs.)

Particulars Note 31 March 20XX 31 March 20XX

EQUITY AND LIABILITIES
Partners' Funds
Partners' Capital Account
(i) Partners' Contribution 3a - -
(ii) Partners' Current Account 3b - -
Reserves and surplus 4 - -
- -
Non-current liabilities
Long-term borrowings 5 - -
Deferred tax liabilities (Net) 6 - -
Other long-term liabilities 7 - -
Long-term provisions 8 - -
- -
Current liabilities
Short-term borrowings 5 - -
Trade payables
Total outstanding dues of micro, small and medium
enterprises 9 - -
Total outstanding dues of creditors other than micro, small
and medium enterprises 9 - -
Other current liabilities 10 - -
Short-term provisions 8 - -
- -
Total - -

ASSETS
Non-current assets
Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 11 - -
Intangible assets 11 - -
Capital work in progess 11 - -
Intangible asset under development 11 - -
Non-current investments 12 - -
Deferred tax assets (Net) 6 - -
Long Term Loans and Advances 13 - -
Other non-current assets 14 - -
- -
Current assets
Current investments 12 - -
Inventories 15 - -
Trade receivables 16 - -
Cash and bank balances 17 - -
Short Term Loans and Advances 13 - -
Other current assets 18 - -
- -
Total - -
Brief about the Entity 1
Summary of significant accounting policies 2

The accompanying notes are an integral part of the financial

statements
Name of the Limited Liability Partnership …..............
Statement of Profit and Loss for the year ended ………………………

(Amount in Rs.)
Particulars Note 31 March 20XX 31 March 20XX
Revenue from operations 19 - -
Other Income 20 - -
Total Income (I+II) - -

Expenses:
Cost of goods sold 21 - -
Employee benefits expense 22 - -
Finance costs 23 - -
Depreciation and amortization expense 24 - -
Other expenses 25 - -
Total expenses - -

Profit/(loss) before exceptional and extraordinary items, partners’

remuneration and tax (III- IV) - -

Exceptional items (specify nature & provide note/delete if none) - -

Profit/(loss) before extraordinary items, partners’ remuneration

and tax (V-VI) - -

Extraordinary Items (specify nature & provide note/delete if none) - -

Profit before Partners' Remuneration and tax (VII-VIII) - -

Partners' Remuneration - -

Profit before Tax (IX-X) - -

Tax expense:
Current tax - -
Excess/ Short provision of tax relating to earlier years - -
Deferred tax charge/ (benefit) 6 - -
- -

Profit/(Loss) for the period from continuing operations (XI-XII) - -

Profit/(loss) from discontinuing operations - -
Tax expense of discontinuing operations - -

Profit/(loss) from discontinuing operations (after tax) (XIV-XV) - -

Profit/(Loss) for the year (XIII+XVI) - -

The accompanying notes are an integral part of the financial

statements
Name of the Limited Liability Partnership …..............
Notes forming part of the Financial Statements for the year ended, 31st March, 20XX

Note - 3a Partners Contribution Account

(Amount in Rs.)
Sr. No. Name of Partner Agreed Share of As at 1st April Introduced/ Remuneration Interest for the Withdrawals Share of Profit / Loss As at 31st March
contribution profit/ (loss) 20XX (Opening contributed for the year year during the year for the year 20XX (Closing
(%) Balance) during the year Balance)

1 -
2 -
3 -
4 -
- - - - - - -
Previous Year (PY) - - - - - - -
Name of the Limited Liability Partnership …..............
Notes forming part of the Financial Statements for the year ended 31st March, 20XX

(Amount in Rs.)

4 Reserves and surplus 31 March 20XX 31 March 20XX

(a) Capital Reserve - -
(b) Revaluation Reserve - -
(c) Other Reserve (Please specify) - -
(d) Undistributed Surplus (Balance from statement of profit and loss) - -
Total - -

Long Term Short Term

5 Borrowings 31 March 20XX 31 March 20XX 31 March 20XX 31 March 20XX

Secured
(a) Term loans
from banks - - - -
from other parties - - - -

(b) Loans repayable on demand

from banks NA NA - -
from other parties NA NA - -

(c) Deferred payment liabilities - - - -

(d) Loans and advances from related parties - - - -
(e) Long term/current maturitites of finance lease obligation - -
(f) Other loans advances (specify nature) - - - -
Total (A) - - - -

Unsecured
(a) Term loans
from banks - - - -
from other parties - - - -

(b) Loans repayable on demand

from banks NA NA - -
from other parties NA NA - -

(c) Deferred payment liabilities - - - -

(d) Loans and advances from related parties - - - -
(e) Long term/current maturitites of finance lease obligation - - - -
(f) Other loans advances (specify nature) - - - -
Notes forming part of the Financial Statements for the year ended 31st March, 20XX
Total (B) - - - -

Total (A) + (B) - - - -

Foot Note:
(i) Nature of the Security to be specified separately.
(ii) Terms of repayment of terms loans and other loans may be stated.
(iii) Where loans guranteed by partners aggregate of such amount under each head may be disclosed.

6 Deferred tax liabilities/(asset) (Net) 31 March 20XX Charge/ (benefit) 31 March 20XX
for the year
Deferred tax asset
Expenses provided but allowable in Income Tax on payment basis - - -
Provision for doubtful debts - - -
Difference between book depreciation & tax depreciation* - - -
Others (please specify) - - -
Gross deferred tax asset (A) - - -
Deferred tax liability
Difference between book depreciation & tax depreciation* - - -
Others (please specify) - - -
Gross deferred tax liability (B) - - -
Net deferred tax liability/(asset) (B-A) - - -
Name of the Limited Liability Partnership …..............
Notes forming part of the Financial Statements for the year ended 31st March, 20XX

(Amount in Rs.)

7 Other long term liabilities 31 March 20XX 31 March 20XX

Advance from customers - -
Others (please specify) - -
Total Other long term liabilities - -

8 Provisions Long term Short term

31 March 20XX 31 March 20XX 31 March 20XX 31 March 20XX
(a) Provision for employee benefits
Provision for gratuity - - - -
Provision for leave Encashment - - - -

(b) Other provisions - - - -

Provision for Income tax [net of advance tax of Rs.___ (previous year
Rs.___)
Other Provisions (Please Specify - eg/- Provision for warranties / Provision - - - -
for Sales Return)
Other (specify nature) - - - -
Total Provisions - - - -

9 Trade payables 31 March 20XX 31 March 20XX

(a) Total outstanding dues of micro, small and medium enterprises - -
(b) Total outstanding dues of creditors other than micro, small and medium enterprises - -
Total Trade payables - -

Disclosure relating to suppliers registered under MSMED Act based on the information available with the entity
Company:
Name of the Limited Liability Partnership …..............
Notes forming part of the Financial Statements for the year ended 31st March, 20XX
Particulars 31 March 20XX 31 March 20XX
(a) Amount remaining unpaid to any supplier at the end of each accounting year:
Principal - -
Interest - -
Total - -
(b) The amount of interest paid by the buyer in terms of section 16 of the MSMED Act, along with the amount of - -
the payment made to the supplier beyond the appointed day during each accounting year.
(c) The amount of interest due and payable for the period of delay in making payment (which have been paid but - -
beyond the appointed day during the year) but without adding the interest specified under the MSMED Act.
(d) The amount of interest accrued and remaining unpaid at the end of each accounting year. - -
(e) The amount of further interest remaining due and payable even in the succeeding years, until such date when - -
the interest dues above are actually paid to the small enterprise, for the purpose of disallowance of a deductible
expenditure under section 23 of the MSMED Act.

10 Other current liabilities 31 March 20XX 31 March 20XX

(a) Current maturities of finance lease obligations (Refer note XX) - -
(b) Interest accrued but not due on borrowings - -
(c) Interest accrued and due on borrowings - -
(d) Income received in advance - -
(e) Unearned revenue - -
(f) Goods and Service tax payable - -
(g) TDS payable - -
(h) Other payables (specify nature) - -
Total Other current liabilities - -
Name of the Limited Liability Partnership …..............
Notes forming part of the Financial Statements for the year ended 31st March, 20XX

11 Property, Plant and Equipment and Intangible Assets (owned assets) (Amount in Rs.)
TANGIBLE ASSETS
Particulars /Assets
Freehold land Buildings Plant and Equipment Office equipment Furniture & Fixtures Vehicles Others (specify nature) Total

Gross Block
At 1 April 20X1
Additions
Deductions/Adjustments
At 1 April 20X0
Additions
Deductions/Adjustments
At 31 March 20X2
At 31 March 20X1
Depreciation/Adjustments
At 1 April 20X1
Additions
Deductions/Adjustments
At 1 April 20X0
Additions
Deductions/Adjustments
At 31 March 20X2
At 31 March 20X1
Net Block
At 31 March 20X1
At 31 March 20X2
(Amount in Rs.)
INTANGIBLE ASSETS

Particulars /Assets Brands/ Masthead and Copyrights/ Recepie/formulae/model/ Liscense and Others (specify
Goodwill Computer Software Mining Rights Total
trademarks publishing title patents design prototype franchise nature)

Gross Block
At 1 April 20X1
Additions
Deductions/Adjustments
At 1 April 20X0
Additions
Deductions/Adjustments
At 31 March 20X2
At 31 March 20X1
Amortization/Adjustment
At 1 April 20X1
Additions
Deductions/Adjustments
At 1 April 20X0
Additions
Deductions/Adjustments
At 31 March 20X2
At 31 March 20X1
Net Block
At 31 March 20X1
At 31 March 20X2

Assets under lease to be separately specified under each class of asset.

Intangible assets under
Capital Work in Progress 31 March 20XX 31 March 20XX development 31 March 20XX 31 March 20XX

Opening Balance - - Opening Balance - -

Add: Additions during the year - - Add: Additions during the year - -
Less: Capitalized during the year - - Less: Capitalized during the year - -
Closing Balance (B) - - Closing Balance (B) - -
Name of the Limited Liability Partnership …..............
Notes forming part of the Financial Statements for the year ended 31st March, 20XX

(Amount in Rs.)
12 Investments - Non Current and Current As at 31- March- 20XX As at 31- March- 20XX
(valued at historical cost unless stated otherwise) Face Numbers/ Units/ Numbers/ Units/
Book Value Book Value
Value Shares Shares
Trade Investments -Quoted
(a) Investments in Other Entities
Less: Provision for diminution in value of investments - -
(b) Investments in partnership firm (Refer footnote 1) - -

Other Investments
(c) Investments in preference shares - -
(d) Investments in equity instruments - -
(e) Investments in government or trust securities - -
(f) Investments in debentures or bonds - -
(g) Investments in mutual funds - -
(h) Investments property - -
(i) Other non-current investments (specify nature) - -
Total Investments - -

Trade Investments - Unquoted

(a) Investments in Other Entities - -
Less: Provision for diminution in value of investments - -

(b) Investments in partnership firm (Refer footnote 1) - -

Other Investments
(c) Investments in preference shares - -
(d) Investments in equity instruments - -
(e) Investments in government or trust securities - -
(f) Investments in debentures or bonds - -
(g) Investments in mutual funds - -
(h) Other non-current investments (specify nature) - -
(i) Investments property - -
Total Investments - -

Aggregate market value as at the end of the year:

Aggregate amount of quoted investments and market value thereof - -
Name of the Limited Liability Partnership …..............
Notes forming part of the Financial Statements for the year ended 31st March, 20XX
Aggregate amount of Un-quoted investments - -
Aggreagte Provision for diminution in value of investments

Footnote 1: Details of investment in partnership firm 31-March-20XX 31-March-20XX

Name of partner with % share in profits of such firm
ABC - -
XYZ - -
Mr. A - -

Total capital of the firm (Amount in Rs.) - -

Current Investments As at 31- March- 20XX As at 31- March- 20XX
Face Numbers/ Units/ Book Value Numbers/ Units/ Book Value
Value Shares Shares
Trade (valued at lower of cost or market value) - Quoted
(a) Current maturities of long term investments - -
(b) Investments in equity instruments - -
(c) Investments in preference shares - -
(d) Investments in government or trust securities - -
(e) Investments in debentures or bonds - -
(f) Investments in mutual funds - -
(g) Other Short term investments (specify nature) - -
Net current investments - -

Trade (valued at lower of cost or market value) - Unquoted

(a) Current maturities of long term investments (Refer note XX)
(b) Investments in equity instruments - -
(c) Investments in preference shares - -
(d) Investments in government or trust securities - -
(e) Investments in debentures or bonds - -
(f) Investments in mutual funds - -
(g) Other Short term investments (specify nature) - -
Net current investments - -

Grand Total - -

Aggregate value of quoted investments and market value thereof - -

Aggregate value of quoted investments - -
Aggregate Provision for diminution in value of investments - -
Name of the Limited Liability Partnership …..............
Notes forming part of the Financial Statements for the year ended 31st March, 20XX

Long Term Short Term

13 Loans and advances 31-March-20XX 31-March-20XX 31-March-20XX 31-March-20XX
A (Secured)

(a) Capital advances

Considered good - - - -
Doubtful - - - -
Less: Provision for doubtful advances - - - -
(a) - - - -
Name of the Limited Liability Partnership …..............
Notes forming part of the Financial Statements for the year ended 31st March, 20XX
(b) Loans advances to partners or relative of partners - - - -

(c) Other loans and advances (specify nature) - - - -

Prepaid expenses - - - -
Advance tax and tax deducted at source [Net of provision for income tax of Rs.
___ (previous year Rs. ___)] - - - -
CENVAT credit receivable
VAT credit receivable
Service tax credit receivable
GST input credit receivable
Security Deposits
Balance with government authorities
(b) - - - -
Total (a)+(b) (A) - - - -
Long Term Short Term
B Loans and advances 31-March-20XX 31-March-20XX 31-March-20XX 31-March-20XX
(Unsecured)
(a) Capital advances
Considered good - - - -
Doubtful - - - -
Less: Provision for doubtful advances - - - -
(a) - - - -
(b) Loans advances to partners or relative of partners - - - -

(c) Other loans and advances (specify nature) - - - -

Prepaid expenses - - - -
Advance tax and tax deducted at source [Net of provision for income tax of Rs.
___ (previous year Rs. ___)] - - - -
CENVAT credit receivable
VAT credit receivable
Service tax credit receivable
GST input credit receivable
Security Deposits
Balance with government authorities
(b) - - - -
Total (a)+(b) (B) - - - -

Total (A + B) - - - -
Name of the Limited Liability Partnership …..............
Notes forming part of the Financial Statements for the year ended 31st March, 20XX

14 Other non-current assets 31-March-20XX 31-March-20XX

(a) Security Deposits - -
(b) Prepaid expenses - -
(c) Others (Specify nature) - -
Total other non-current other assets - -

15 Inventories 31-March-20XX 31-March-20XX

(a) Raw materials - -
(b) Work-in-progress - -
(c) Finished goods - -
(d) Stock-in-trade - -
(e) Stores and spares - -
(f) Loose Tools - -
(g) Others (Specify nature) - -
[Goods-in-transit to be disclosed under relevant sub-head of inventories]
Total - -

16 Trade receivables 31-March-20XX 31-March-20XX

Outstanding for a period less than 6 months from the date they are due for receipt
(a) Secured Considered good - -
(b) Unsecured Considered good - -
(c) Doubtful - -
Less: Provision for doubtful receivables - -
- -
Outstanding for a period exceeding 6 months from the date they are due for receipt
(a) Secured Considered good - -
(b) Unsecured Considered good - -
(c) Doubtful - -
Less: Provision for doubtful receivables - -
Unbilled receivables - -
- -
Total - -

17 Cash and Bank Balances 31-March-20XX 31-March-20XX

A Cash and cash equivalents
(a) On current accounts - -
(b) Cash credit account (Debit balance) - -
Name of the Limited Liability Partnership …..............
Notes forming part of the Financial Statements for the year ended 31st March, 20XX
(c) Fixed Deposits
Deposits with original maturity of less than three months - -
(d) Cheques, drafts on hand - -
(e) Cash on hand - -
Total (I) - -

B Other bank balances

(a) Bank Deposits
(i) Earmarked Bank Deposits - -
Deposits with original maturity for more than 3 months but less than 12 months
(ii) from reporting date - -
(iii) Margin money or deposits under lien - -
(iv) Others (specify nature) - -
Total other bank balances (II) - -
Total Cash and bank balances (I+II) - -

18 Other current assets 31-March-20XX 31-March-20XX

(Specify nature)
(This is an all-inclusive heading, which incorporates current assets that do not fit into any other asset categories)
(a) Interest accrued but not due on deposits - -
(b) Interest accrued and due on deposits - -
Total - -
Name of the Limited Liability Partnership …..............
Notes forming part of the Financial Statements for the year ended 31st March, 20XX
(Amount in Rs.)
19 Revenue from operations 31 March 20XX 31 March 20XX
(a) Sale of products - -
(b) Sale of services - -
(c) Grants or donations received - -
(d) Other operating revenue - -
Revenue from operations (Gross) - -
Less: Excise duty - -
Revenue from operations (Net) - -

20 Other income 31 March 20XX 31 March 20XX

(a) Interest income - -
(b) Dividend income - -
(c) Net gain on sale of investments - -
(d) Other non-operating income (Please specify) - -
Total other income - -

21 Cost of goods sold (Delete whatever is not applicable) 31 March 20XX 31 March 20XX
(A) Cost of raw material consumed
Raw material consumed
(i) Inventory at the beginning of the year - -
(ii) Add : Purchases during the year - -
(iii) Less: Inventory at the end of the year - -
Cost of raw material consumed (I) - -

Packing material consumed (if considered as part of raw material)

(i) Inventory at the beginning of the year - -
(ii) Add : Purchases during the year - -
(iii) Less: Inventory at the end of the year - -
Name of the Limited Liability Partnership …..............
Notes forming part of the Financial Statements for the year ended 31st March, 20XX
Cost of packing material consumed (II) - -

Other materials (purchased intermediates and components)

(i) Inventory at the beginning of the year - -
(ii) Add : Purchases during the year - -
(iii) Less: Inventory at the end of the year - -
Cost of other material consumed (III) - -
Total raw material consumed (A) (I+II+III) - -

B Purchases of stock-in-trade 31 March 20XX 31 March 20XX

(i) … - -
(ii) … - -
(iii) … - -
Total (B) - -

C Changes in inventories of finished goods, work in progress and stock-in trade 31 March 20XX 31 March 20XX

Inventories at the beginning of the year:

(i) Stock-in-trade - -
(ii) Work in progress - -
(iii) Finished goods - -
(I) - -
Inventories at the end of the year:
(i) Stock-in-trade - -
(ii) Work in progress - -
(iii) Finished goods - -
(II) - -
Name of the Limited Liability Partnership …..............
Notes forming part of the Financial Statements for the year ended 31st March, 20XX
(Increase)/decrease in inventories of finished goods, work-in-progress and stock-in-trade (C) - -
Total (A+B+C) - -
Name of the Limited Liability Partnership …..............
Notes forming part of the Financial Statements for the year ended 31st March, 20XX
22 Employee benefits expense 31 March 20XX 31 March 20XX
(Including contract labour)
(a) Salaries, wages, bonus and other allowances - -
(b) Contribution to provident and other funds - -
(c) Gratuity expenses - -
(d) Staff welfare expenses - -
Total Employee benefits expense - -

23 Finance cost 31 March 20XX 31 March 20XX

(a) Interest expense
(i) On bank loan - -
(ii) On assets on finance lease - -
(b) Other borrowing costs - -
(c) Loss on foreign exchange transactions and translations considered as finance cost (net) - -
Total Finance cost - -

24 Depreciation and amortization expense 31 March 20XX 31 March 20XX

(a) on tangible assets (Refer note 11) - -
(b) on intangible assets (Refer note 11) - -
Total Depreciation and amortization expense - -

25 Other Expenses 31 March 20XX 31 March 20XX

(a) Consumption of stores and spare parts - -

(b) Power and fuel - -
(c) Rent - -
(d) Repairs and maintenance - Buildings - -
(e) Repairs and maintenance - Machinery - -
(f) Insurance - -
(g) Rent, Rates and taxes, excluding, taxes on income - -
Name of the Limited Liability Partnership …..............
Notes forming part of the Financial Statements for the year ended 31st March, 20XX
(h) Labour charges - -
(i) Travelling expenses - -
(j) Auditor's remuneration (Refer note below) - -
(k) Printing and stationery - -
(l) Communication expenses - -
(m) Legal and professional charges - -
(n) Advertisement and publicity - -
(o) Business promotion expenses - -
(p) Commission - -
(q) Clearing and forwarding charges - -
(r) Loss on sale of Property, Plant and Equipment - -
(s) Loss on foreign exchange transactions (net) - -
(t) Loss on cancellation of forward contracts - -
(u) Loss on sale of investments (net) - -
(v) Provision for diminution in value of investments - -
(w) Provision for doubtful debts - -
(x) Miscellaneous expenses - -
Total - -