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    Sachin Daneshwari

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    ADARSH PATTAR
    The document contains projected profitability and balance sheet statements for a company over three years. It projects increases in sales, purchases, wages, and profits. Gross profits are projected to increase from Rs. 7.43 lakhs to Rs. 9.29 lakhs. Profits before tax are projected to rise from Rs. 4.71 lakhs to Rs. 6.34 lakhs. On the balance sheet, total assets are projected to increase from Rs. 15.45 lakhs to Rs. 16.91 lakhs, with increases in current assets like stock and receivables. Total liabilities are also projected to rise, with increases in capital, loans, and current liabilities.

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    Sachin Daneshwari

    Uploaded by

    ADARSH PATTAR
    23 views2 pages
    The document contains projected profitability and balance sheet statements for a company over three years. It projects increases in sales, purchases, wages, and profits. Gross profits are projected to increase from Rs. 7.43 lakhs to Rs. 9.29 lakhs. Profits before tax are projected to rise from Rs. 4.71 lakhs to Rs. 6.34 lakhs. On the balance sheet, total assets are projected to increase from Rs. 15.45 lakhs to Rs. 16.91 lakhs, with increases in current assets like stock and receivables. Total liabilities are also projected to rise, with increases in capital, loans, and current liabilities.

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    The document contains projected profitability and balance sheet statements for a company over three years. It projects increases in sales, purchases, wages, and profits. Gross profits are projected to increase from Rs. 7.43 lakhs to Rs. 9.29 lakhs. Profits before tax are projected to rise from Rs. 4.71 lakhs to Rs. 6.34 lakhs. On the balance sheet, total assets are projected to increase from Rs. 15.45 lakhs to Rs. 16.91 lakhs, with increases in current assets like stock and receivables. Total liabilities are also projected to rise, with increases in capital, loans, and current liabilities.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    23 views2 pages

    Sachin Daneshwari

    Uploaded by

    ADARSH PATTAR
    The document contains projected profitability and balance sheet statements for a company over three years. It projects increases in sales, purchases, wages, and profits. Gross profits are projected to increase from Rs. 7.43 lakhs to Rs. 9.29 lakhs. Profits before tax are projected to rise from Rs. 4.71 lakhs to Rs. 6.34 lakhs. On the balance sheet, total assets are projected to increase from Rs. 15.45 lakhs to Rs. 16.91 lakhs, with increases in current assets like stock and receivables. Total liabilities are also projected to rise, with increases in capital, loans, and current liabilities.

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    of 2

    PROJECTED PROFITABILITY STATEMENT

    Particular 31.3.2023 1 2 3
    Sales 25,50,000.00 29,32,500.00 32,25,750.00 35,48,325.00

    Purchases 13,24,280.00 14,56,708.00 16,02,378.80 17,62,616.68


    Wages To worker 6,67,500.00 7,34,250.00 8,07,675.00 8,88,442.50
    Sub Total 19,91,780.00 21,90,958.00 24,10,053.80 26,51,059.18
    Add:Opg.Stock 77,660.00 2,63,220.00 2,89,542.00 3,18,496.20
    Sub Total 20,69,440.00 24,54,178.00 26,99,595.80 29,69,555.38
    Less:Clg.Stock 2,63,220.00 2,89,542.00 3,18,496.20 3,50,345.82
    Sub Total 18,06,220.00 21,64,636.00 23,81,099.60 26,19,209.56

    Gross Profit 7,43,780.00 7,67,864.00 8,44,650.40 9,29,115.44


    (% to sales) 29.17 26.18 26.18 26.18
    Indirect Expenses:
    Electrical Charges 5,500.00 6,050.00 6,110.50 6,721.55
    Primises Rent 60,000.00 60,600.00 66,660.00 73,326.00
    Salary Expenses 50,000.00 50,500.00 55,550.00 61,105.00
    Transpotation Expenses 22,000.00 7,452.00 8,197.20 9,016.92
    Vehicle Expenses 12500.00 13,750.00 15,125.00 16,637.50
    Telephone Charge 15000.00 16,500.00 18,150.00 19,965.00
    Bank charges/OD Int 30000.00 33,000.00 36,300.00 39,930.00
    Depriation 40000.00 39,000.00 33,600.00 28,965.00
    Postatge & Courier 28971.00 31,868.10 35,054.91 38,560.40
    Office Expences 8059.00 8,864.90 9,751.39 10,726.53
    Sub Total 2,72,030.00 2,58,720.10 2,74,747.61 2,94,227.37

    Profit before Tax 4,71,750.00 5,09,143.90 5,69,902.79 6,34,888.07


    Add : Other Income 0.00 0.00 0.00 0.00
    Sub Total 4,71,750.00 5,09,143.90 5,69,902.79 6,34,888.07
    Less:Income Tax 0.00 0.00 0.00 0.00
    Profit after Tax 4,71,750.00 5,09,143.90 5,69,902.79 6,34,888.07
    PROJECTED BALANCE SHEET
    Assets 31.3.2023 1 2 3
    Fixed Assets:
    Furnitures & Fixtures 1,00,000.00 90,000.00 81,000.00 72,900.00
    Vehicle 50,000.00 42,500.00 36,125.00 30,706.25
    Machinary 1,50,000.00 1,27,500.00 1,08,375.00 92,118.75

    Sub Total 3,00,000.00 2,60,000.00 2,25,500.00 1,95,725.00

    Current assets:
    Stocks 2,63,220.00 2,89,542.00 3,18,496.20 3,50,345.82
    Receivables 1,50,770.00 1,65,847.00 1,82,431.70 2,85,674.87
    Cash/Bank 19,045.00 21,185.68 40,441.03 44,485.13
    Advance payments 150000.00 1,59,322.96 -
    Other Current Assets 262836.00 2,65,464.36 3,72,507.60 4,17,208.51
    Deposits/Inv. 400000.00 400000.00 4,90,000.00 3,97,601.83
    Sub Total 12,45,871.00 13,01,362.00 14,03,876.52 14,95,316.16
    Total 15,45,871.00 15,61,362.00 16,29,376.52 16,91,041.16
    Liability
    Capital 3,50,000.00 8,21,750.00 8,80,893.90 9,55,796.69
    Add:Profit after tax 4,71,750.00 5,09,143.90 5,69,902.79 6,34,888.07
    Additions 0.00 - - -
    Less:Drawings 4,50,000.00 4,95,000.00 4,99,950.00
    Total 8,21,750.00 8,80,893.90 9,55,796.69 10,90,734.76

    Loans:
    Term Loan 451000.00 3,97,035.00 3,48,767.00 3,06,950.00
    Bank O/D 1,70,000.00 1,70,000.00 1,70,000.00 1,70,000.00
    Current Liabilities:
    Sundry Creditors 53,856.00 59,241.60 95,202.18 1,04,722.40
    Salary payable 14,000.00 15,400.00 16,940.00 18,634.00
    Other Payables 35,265.00 38,791.50 42,670.65
    Sub Total 1,03,121.00 1,13,433.10 1,54,812.83 1,23,356.40
    Total 15,45,871.00 15,61,362.00 16,29,376.52 16,91,041.16

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