Financials 2023 2024 Linkedin

ABC PRIVATE LIMITED
CIN: UXXXXXMH2023PTCXXX588
Balance Sheet as at 31 March 2024
(Amount in ` hundreds)
Particulars Note No. Figures as at 31st Figures as at 31st
March, 2024 March, 2023
EQUITY AND LIABILITIES
(1) Shareholders' funds

(a) Share capital 3 30,478.80 30,478.80
(b) Reserves and surplus 4 103,438.44 82,898.82
(c) Money received against share warrants
133,917.24 113,377.62
(2) Share application money pending allotment - -
(3) Non-Current liabilities

(a) Long-term borrowings 5 50.00 50.00
(b) Deferred tax liabilities (Net) 100.00 100.00
(c) Other long term liabilities 6 20.00 20.00
(d) Long-term provisions 7 20.00 20.00
190.00 190.00
(4) Current liabilities

(a) Short-term borrowings 8 60.00 60.00
(b) Trade payables 9
(A) Micro and Small Enterprises 10.00 10.00
(B) Others 10.00 10.00
(c) Other current liabilities 10 215.57 115.16
(d) Short-term provisions 11 20.00 20.00
315.57 215.16
TOTAL 134,422.81 113,782.78
ASSETS
(1) Non-Current Assets

(a) Property, Plant & Equipment and Intangible Assets
(i)PProperty, Plant & Equipment 12 13,339.99 14,609.74
(ii) Intangible assets
(iii) Capital work-in-Progress
(iv) Intangible assets under development
(b) Non-current investments 13 30.00 30.00

(c) Deferred tax assets (Net) 14 384.17 203.70
(d) Long-term loans and advances 15 30.00 30.00
(e) Other non-current Assets 16 1,670.00 1,570.00
15,454.16 16,443.44
(2) Current assets
(a) Current investments 17 20.00 20.00
(b) Inventories 18 31,612.85 16,977.55
(c) Trade receivables 19 86,487.19 77,886.82
(d) Cash and bank balances 20 466.96 320.44
(e) Short-term loans and advances 21 20.00 20.00
(f) Other current assets 22 - 1,984.01
118,607.00 97,208.83
TOTAL 134,061.16 113,652.27 130.51 361.64

Significant accounting policies 2
The accompanying notes form an integral part of the financial statements.
As per our Audit Report of even date
For XYZ & CO. For and on behalf of the Board of Directors of
Chartered Accountants ABC PRIVATE LIMITED
Firm's Registration No.: 15XXXXW
X V Chauhan M Chauhan
Partner Director Director
Membership No.: 602XXX DIN: DIN:
Place: Navi Mumbai Place: Navi Mumbai Place: Navi Mumbai

Date: Date: Date:
Dividend distribution tax

ABC PRIVATE LIMITED
Statement of Profit & Loss Account for the year ended 31 March 2024
Particulars Note No. Figures for the year Figures for the year
ended 31st March, ended 31st March,
2024 2023
Income
I. Revenue from operations 23 233,011.08 277,252.28
II. Other income 24 4,378.89 945.63
III. Total Income (I+II) 237,389.97 278,197.91
IV. Expenses
Cost of materials consumed
Purchases of Stock-in-Trade 25 160,307.53 160,307.53
Changes in inventories of finished goods, Work-in-progress 26 (14,635.30) (1,433.48)
and Stock-in-Trade
Employee benefits expense 27 36,007.63 36,342.65
Finance Costs 28 120.00 40.00
Depreciation & Amortisation Expenses 12 2,454.50 1,309.99
Other expenses 29 32,589.99 33,740.44
Total expenses 216,844.36 230,307.13
V. Profit before exceptional and extraordinary items and tax 20,545.61 47,890.79
(III-IV)
VI. Exceptional items
VII. Profit before extraordinary items and tax (V-VI)
VIII. Extraordinary items - -
IX. Profit before tax (VII-VIII) 20,545.61 47,890.79
X. Tax expense:
(1) Current tax 15.00 10.00
(2) Deferred tax 9.00 8.00
XI. Profit (loss) for period from continuing operations (VII-VIII)
XII. Profit (loss) for period from discontinuing operations

XIII. Tax expense of discontinuing operations
XIV. Profit (loss) from discontinuing operations (after tax)
(XII-XIII)
XV. Profit / (Loss) for the period (XI+XIV) 20,539.61 47,872.79
Earnings per share 30

(1) Basic 0.07 1.57
(2) Diluted
As per our Audit Report of even date

Date: Date: Date:
ABC PRIVATE LIMITED
Cash Flow Statement for the year ended 31 March 2024
Particulars As at 31st March, As at 31st March,
2024 2023
A. Cash flows from operating activities

Net profit before tax 20,545.61 47,890.80
Adjustments for:
Depreciation expense 2,454.50 1,309.99
Unrealised foreign exchange (gain)/loss - (328.58)
Operating profit before working capital changes 23,000.11 48,872.21

Movement in working capital:
Movement in trade payables - 1,464.43
Movement in other current liabilities 19.09 330.48
Movement in inventories (14,635.30) (1,433.48)
Movement in trade receivables (8,600.37) (10,541.05)
Movement in other current assets (100.00) (236.10)
Cash generated from operations (316.46) 38,456.47
Income tax paid (13,280.47) (8,971.49)
Net cash generated from operating activities (A) (13,596.93) 29,484.98
B. Cash flows from investing activities

Purchase of property, plant & equipments (1,184.75) (12,206.46)
Net cash used in investing activities (B) (1,184.75) (12,206.46)
C. Cash flows from financing activities

Dividend paid - -
Net cash used in financing activities (C) - -
Net increase in cash and cash equivalents (A+B+C) (14,781.68) 17,278.51

Cash and cash equivalents at the beginning of period 45,055.49 27,776.97
Cash and cash equivalents at the end of period 30,273.81 45,055.49
Cash and cash equivalents comprises of (refer note 20)

Balances with banks
-Current accounts 414.96 297.44
Other Bank Balance

-Deposit with original maturity period of more then 3 months but less than 12
months - -
414.96 297.44
Notes to cash flow statement

The above cash flow statement has been prepared in accordance with the 'Indirect method' as set out in Accounting Standard - 3
on 'Cash Flow Statements'.
This is the Cash Flow Statement referred to in our report of even date

Date: Date: Date:
ABC PRIVATE LIMITED
Summary of significant accounting policies and other explanatory notes for the year ended 31 March 2024
1 Company information
ABC Private Limited (“the Company”) was incorporated on 25 March 2023 with authorised capital of Rs. 5,00,000 (Rupees Five Lacs),
having its registered office at A-416, 4th Floor, Fort Plaza, Sector-11, Vashi, Navi Mumbai- 400614. The main objects of the Company
include inter alia to carry on the business of marine crew recruitment, manning, technical support services relating to commercial
ships and offshore projects and logistic services.
2 Significant accounting policies
a. Basis of preparation of financial statements

The financial statements are prepared under historical cost convention on an accrual basis, in accordance with the generally accepted
accounting principles in India and including the Accounting Standards specified under section 133 of the Companies Act, 2013 (the
'Act'), as applicable. These financial statements have been prepared on a going concern basis and the accounting policies have been
consistently applied by the Company.
All assets and liabilities have been classified as current or non-current as per the Company's normal operating cycle and other criteria
set out in the Schedule III to the Companies Act, 2013. Based on the nature of the services and the time between the provision of
services and their realization in cash and cash equivalents, the Company has ascertained its operating cycle as 12 months for the
purpose of current and non-current assets classification of assets and liabilities.
Disclosure relaxation
The Company is a Small and Medium Sized Company (SMC) as defined in the General Instructions in respect of Accounting Standards
notified under section 133 of the Companies Act, 2013, read together with paragraph 7 of the Companies (Accounts) Rules, 2014.
Accordingly, the Company has complied with the Accounting Standards as applicable to a Small and Medium Sized Company (SMC).
Accounting Standard 17 – Segment Reporting, are not applicable to the Company. Further, certain disclosure requirements in terms of
Accounting Standard 15 (revised) – Employee Benefits, Accounting Standard 19 – Leases, Accounting Standard 20 – Earnings per
Share and Accounting Standard 29 - Contingent Liabilities and Contingent Assets are also not applicable to the Company for the
current year.
b. Use of estimates
The preparation of financial statements in conformity with generally accepted accounting principles (GAAP) requires management to
make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent liabilities
on the date of financial statements. Actual results could differ from those estimates. Any revision to accounting estimates is
recognized in the year in which the results are known/materialize.
c. Revenue recognition
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company, the revenue can be reliably
measured and there is certainty of ultimate collection.
Sale of goods
Revenue from sale of goods is recognised when all the significant risks and rewards in respect of ownership of the goods are
transferred to the customer and the Company retains no effective control of the goods transferred to the buyer and is stated net of
trade discounts, sales return and sales tax wherever applicable.
d. Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand and short term investments with an original maturity of three months or
less.
(This space has been intentionally left blank)

ABC PRIVATE LIMITED
e. Property, plant and equipment and intangible assets
Property, plant and equipment
Tangible fixed assets are stated at the cost of acquisition or construction, less accumulated depreciation and impairment losses, if any.
The cost of an item of tangible fixed assets comprises its purchase price, including import duties and other non-refundable taxes or
levies and any attributable costs of bringing the asset to its working condition for its intended use. Any trade discount and rebates are
deducted in arriving at the purchase price. Advances paid towards acquisition of tangible fixed assets outstanding at each Balance
Sheet date, are shown under long-term loans and advances and cost of assets not ready for intended use before the year end, are
shown as capital work in progress.
Subsequent expenditure related to an item of tangible fixed assets are added to its book value only if they increase the future benefits
from the existing asset beyond its previously assessed standard of performance.
Intangible assets
Intangible assets are stated at acquisition cost, net of accumulated amortisation and accumulated impairment losses, if any. Intangible
assets are amortised on a straight line basis over their estimated useful lives.
f. Depreciation
Depreciation on property, plant and equipments is provided on Straight Line Method at the rates specified in Schedule II to the
Companies Act, 2013. Depreciation on additions to Property, plant and equipments is provided on pro-rata basis from the date the
asset is put to use. Depreciation on sale / deduction from fixed assets is provided for up to the date of sale / deduction / scrapping, as
the case may be.
Asset taken on finance lease are depreciated over the tenure of the lease. Assets costing Rs. 5,000 or less per item are fully depreciated
in the year of purchase.
g. Impairment of assets
The Company assesses at each Balance Sheet date whether there is any indication that an asset may be impaired. If any such indication
exists, the Company estimates the recoverable amount of the asset. Recoverable amount is higher of an asset’s net selling price and its
value in use. If such recoverable amount of the asset or the recoverable amount of the cash generating unit to which the asset belongs
is less than its carrying amount, the carrying amount is reduced to its recoverable amount. The reduction is treated as an impairment
loss and is recognised in the Statement of Profit and Loss. If at the Balance Sheet date there is an indication that if a previously
assessed impairment loss no longer exists, the recoverable amount is reassessed and the asset is reflected at the recoverable amount.
h. Taxes on income
Current tax is determined as the tax payable in respect of taxable income for the year in accordance with relevant tax regulations.
Deferred tax resulting from timing differences between book and tax profits is accounted for at the current rate of tax or substantively
enacted tax rates at the Balance Sheet date, as applicable, to the extent that the timing differences are expected to crystallize.
Deferred tax assets are recognized where realization is reasonably certain. In case of carried forward losses or unabsorbed
depreciation, deferred tax assets are recognized only if there is a virtual certainty of realization supported by convincing evidence.
Deferred Tax Assets are reviewed for the appropriateness of their respective carrying values at each Balance Sheet date.

ABC PRIVATE LIMITED
i. Provisions, contingent liabilities and contingent assets

Provisions are recognised only when there is a present obligation as a result of past events and when a reliable estimate of the amount
of obligation can be made. Contingent liability is disclosed for:
a. Possible obligations which will be confirmed only by future events not wholly within the control of the Company or
b. Present obligations arising from past events where it is not probable that an outflow of resources will be required to settle the
obligation or a reliable estimate of the amount of the obligation cannot be made.
Contingent assets are not recognized in the financial statements since this may result in the recognition of income that may never be
realized.
j. Foreign exchange transactions

a) Initial recognition
Transactions in foreign currency are recorded in the functional currency by applying to the foreign currency amount the exchange rate
prevailing on the date of the transaction.
b) Conversion
Monetary items denominated in foreign currency as at the Balance Sheet date are converted at the exchange rate
prevailing on that date.
c) Exchange differences
Exchange differences arising on the settlement/ restatement of monetary items at the rates different from those at which they were
initially recorded during the year or reported in the previous financial statements, are recognised as income or expense in the year in
which they arise.
k. Earnings per share

Basic earnings per share is calculated by dividing the net profit or loss for the year attributable to equity shareholders by the weighted
average number of equity shares outstanding during the year.

ABC PRIVATE LIMITED
3 Share capital (Amount in ` hundreds)

Particulars As at As at
31 March 31 March
2024 2023
Authorised shares
5,00,000 equity shares of face value of Rs.10 each 50,000.00 50,000.00
Issued, subscribed and fully paid up shares

304,788 equity shares of face value of Rs.10 each 30,478.80 30,478.80
30,478.80 30,478.80
(a) Reconciliation of the shares outstanding at the beginning and at the end of the reporting period
Particulars As at As at As at As at
31 March 31 March 31 March 31 March
2024 2024 2023 2023
Equity shares Number Amount Number Amount
Opening balance at the beginning of the year 304,788 30,478.80 304,788 30,478.80
Movement during the year - - - -
Outstanding at the end of the year 304,788 30,478.80 304,788 30,478.80
(b) Rights, preferences and restrictions attached to equity shares

The Company has only one class of equity shares having a par value of Rs. 10 per share. Each holder of equity shares is entitled to one
vote per share. In the event of liquidation of the Company, the holders of equity shares will be entitled to receive remaining assets of
the Company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held
by the shareholders.
(c) Shares held by the Holding Company*

2024 2024 2023 2023
No. of shares % age of No. of shares % age of
holding holding
Equity shares of Rs. 10 each fully paid up
ABC Infra P Limited 304,788 99.99% 304,788 99.99%
*As per records of the company, including its register of shareholders/ members and other declarations received from shareholders
regarding beneficial interest, the above shareholding represents both legal and beneficial ownerships of shares.
(d) Particulars of shareholders holding more than 5% shares

2024 2024 2023 2023
No. of shares % age of No. of shares % age of
holding holding
Equity shares of Rs. 10 each fully paid up
ABC Infra P Limited and its nominee 304,788 100% 304,788 100%
(e) There are no shares reserved for issue under options and no contracts/commitments for the sale of shares/disinvestment.
(f) There are no shares issued pursuant to contract without payment being received in cash or allotted as fully paid up bonus shares or
shares bought back for the period of five years immediately preceding the date of these financial statements.
(g) Promoters Shareholding
As at As at % Change
Promoter name March 31, 2024 March 31, 2023 during the
No. of % of Total % of Total year
Shares Shares No. of Shares Shares
ABC Infra P Limited -
Total - 0% - 0% -
ABC PRIVATE LIMITED
4 Reserves and surplus (Amount in ` hundreds)

31 March 31 March
2024 2023
Surplus in the Statement of Profit and Loss
Opening balance 82,898.82 35,026.04
Profit for the year 20,539.61 47,872.79
Total 103,438.44 82,898.82
5 Long-term borrowings
31 March 31 March
2024 2023
Secured / Unsecured - specify and specify nature of security for secured position
a) Bonds/debentures 10.00 10.00
b) Term loans
(A) from banks 10.00 10.00
(B) from other parties 10.00 10.00
c) Loans and advances from related parties 10.00 10.00
d) Other loans and advances (specify nature). 10.00 10.00
Total 50.00 50.00
6 Other long term liabilities

31 March 31 March
2024 2023
(a) Trade payables (if there is figure then all disclosures as per Note 9) 10.00 10.00
(b) Others (specify nature). 10.00 10.00
Total 20.00 20.00
7 Long-term provisions
31 March 31 March
2024 2023
(a) Provision for employee benefits 10.00 10.00

(b) Others (specify nature). 10.00 10.00
Total 20.00 20.00
8 Short-term borrowings
31 March 31 March
2024 2023
Secured / Unsecured - specify
(a) Loans repayable on demand 10.00 10.00
(A) from banks 10.00 10.00
(B) from other parties 10.00 10.00
(b) Loans and advances from related parties 10.00 10.00
(c) Deposits 10.00 10.00
(d) Other loans and advances (specify nature) 10.00 10.00
Total 60.00 60.00
9 Trade Payables
31 March 31 March
2024 2023
Total outstanding dues of micro enterprises and small enterprises 10.00 10.00
Total outstanding dues of creditors other than micro enterprises and small 10.00 10.00
Total 20.00 20.00
Trade Payables ageing schedule -

Outstanding for following periods from due date of payment
Particulars Less than 1 More than 3
year 1-2 years 2-3 years years Total
(i)MSME 10.00 - - - 10.00
(ii)Others 10.00 - - - 10.00
(iii) Disputed dues –MSME - - - - -
(iv) Disputed dues - Others - - - - -
Notes :- (The ageing requirement shall not apply to the trade payables which are not due for
payment.)
1. There are no “Unbilled” and ''Not due'' trade payables, hence the same are not disclosed in the ageing schedule.
10 Other current liabilities

31 March 31 March
2024 2023
Current maturities of finance lease obligations 21.34 34.45

Interest accrued but not due on borrowings 8.85 7.92
Interest accrued and due on borrowings 30.15 54.11
Statutory Dues payable 55.23 -
Advance from customer 100.00 18.68
Provision for taxation (net of advance tax)
Total 215.57 115.16
11 Short-term provisions
31 March 31 March
2024 2023
(a) Provision for employee benefits 10.00 10.00

(b) Others (specify nature) 10.00 10.00
Total 20.00 20.00

ABC PRIVATE LIMITED
Deductions/Other Adjustments
12 Property, Plant and Equipment

For the year 2023-24 (Amount in ` hundreds)
Gross block Accumulated depreciation Net block
Particulars As at 1 April Additions Disposals As at 31 As at 1 April For the year Additions Disposals As at 31 As at 31 As at 31
2023 during the during the March 2024 2023 during the during the March 2024 March 2024 March 2023
year year year year
Property, Plant and Equipment

Computers 1,009.70 - - 1,009.70 2,009.70 - - - 2,009.70 (1,000.00) (1,000.00)
Office equipment 1,250.00 1,116.95 - 2,366.95 833.48 314.56 - - 1,148.04 1,218.91 416.52
Furniture and fixtures 6,500.00 67.80 - 6,567.80 2,977.62 621.98 - - 3,599.60 2,968.20 3,522.38
Vehicles 12,120.00 - - 12,120.00 449.16 1,517.96 - - 1,967.12 10,152.88 11,670.84
Total 20,879.70 1,184.75 - 22,064.45 6,269.96 2,454.50 - - 8,724.46 13,339.99 14,609.74

For the year 2022-23 (Amount in ` hundreds)
Gross block Accumulated depreciation Net block
Particulars As at 1 April Additions Disposals As at 31 As at 1 April For the year Additions Disposals As at 31 As at 31 As at 31
2022 during the during the March 2023 2022 during the during the March 2023 March 2023 March 2022
year year year year

Computers 2,009.70 - - 2,009.70 2,009.70 - - - 2,009.70 - -
Office equipment 1,194.36 62.71 - 1,257.07 590.55 242.93 - - 833.48 423.59 603.81
Furniture and fixtures 6,179.05 - - 6,179.05 2,359.72 617.90 - - 2,977.62 3,201.43 3,819.33
Vehicles - 12,143.75 12,143.75 - 449.16 449.16 11,694.59 -
Total 9,383.11 12,206.46 - 21,589.57 4,959.97 1,309.99 - - 6,269.96 15,319.61 4,423.14

ABC PRIVATE LIMITED
13 Non-current investments
31 March 31 March
(Also disclose aggregate amount of Quoted and Unquoted investments) 2024 2023
(a) Investment property 10.00 10.00
(b) Investments in Equity Instruments 10.00 10.00
(c) Other non-current investments (specify nature) 10.00 10.00
Total 30.00 30.00
14 Deferred tax assets (Amount in ` hundreds)

31 March 31 March
2024 2023
Arising on account of timing differences on
Preliminary expenses - -
Excess of depreciation on fixed assets in accounts over depreciation as per Income 384.17 203.70
Tax Act, 1961
Total 384.17 203.70
15 Long-term loans and advances

31 March 31 March
2024 2023
Secured, considered good / Unsecured, considered good / Doubtful
(a) Capital Advances 10.00 10.00
(b) Loans and advances to related parties (giving details thereof) 10.00 10.00
(c) Other loans and advances (specify nature) 10.00 10.00
Total 30.00 30.00
16 Other non-current assets

Particulars As at 31st As at 31st
March 2024 March 2023
Long term Trade Receivables (if there is figure then all disclosures as per Note 19)
- Secured, Considered good 1,670.00 1,570.00
- Unsecured, considered good - -
- Doubtful - -
Less: Allowances for bad and doubtful debts - -
Security Deposits
Total 1,670.00 1,570.00
17 Current Investment
31 March 31 March
(Also disclose aggregate amount of Quoted and Unquoted investments) 2024 2023
Secured / Unsecured - specify
(a) Investments in Equity Instruments 10.00 10.00
(b) Other investments (specify nature) 10.00 10.00
Total 20.00 20.00
18 Inventories
31 March 31 March
2024 2023
Stock-in-trade 31,612.85 16,977.55
Total 31,612.85 16,977.55

Mode of valuation shall be stated
19 Trade Receivables (Amount in ` hundreds)
31 March 31 March
2024 2023
Outstanding for a period exceeding six months from the date they are due for - -
payment
Other receivables 86,487.19 77,886.82
Total 86,487.19 77,886.82
Trade Receivables ageing schedule

Particulars Outstanding for following periods from due date of payment
< 6 months 6 months-1 2-3 years > 3 years Total
year 1-2 years
Undisputed Trade receivables – 86,487.19 - - - - 86,487.19
considered good
Undisputed Trade Receivables – - - - - - -
considered doubtful
Disputed Trade Receivables considered - - - - - -
good
Disputed Trade Receivables considered - - - - - -
doubtful
Note:
There are no “Unbilled” and ''Not due'' trade receivables, hence the same are not disclosed in the ageing schedule.
20 Cash and bank balances

31 March 31 March
2024 2023
Cash and cash equivalents
Balances with banks - Current accounts 414.96 297.44
Cash on hand 52.00 23.00
Other bank balances

Deposits with original maturity period of more than 3 months but less than 12 413.65 153.51
months
Total 466.96 320.44
21 Short-term loans and advances

31 March 31 March
2024 2023
Secured, considered good / Unsecured, considered good / Doubtful - -
(a) Loans and advances to related parties (giving details thereof) 10 10
(b) Others (specify nature). 10 10
Total 20.00 20.00
22 Other current assets

31 March 31 March
2024 2023
Advance Income-tax (net of provisons for tax) - -
Prepaid expenses - 1,984.01
Total - 1,984.01

1,004,301
-
(1,984)
ABC PRIVATE LIMITED
CIN: UXXXXXMH2023PTCXXX588 1% of Rev. from Op. 2330.11 2772.52
23 Revenue from operations (Amount in ` hundreds)

Particulars For the year For the year
ended 31 March ended 31 March
2024 2023
Sale of products 181,531.44 237,629.72 DON’T SHOW VAT, GST ETC. HERE. SHOW NET REVENUE
Commission income 51,479.64 39,622.57
Total 233,011.08 277,252.28
24 Other Income
2024 2023
Interest income 1,780.25 476.14
Gain on Forex fluctuation (Net) 2,545.32 -
Miscellaneous income 53.32 469.49
Total 4,378.89 945.63
25 Purchase of stock-in-trade
2024 2023
Traded goods 160,307.53 160,307.53
Total 160,307.53 160,307.53
26 Changes in inventories of stock-in-trade

2024 2023
Inventories at the end of the year
Traded goods 31,612.85 16,977.55 0.15
31,612.85 16,977.55
Inventories at the beginning of the year
Traded goods 16,977.55 15,544.07
16,977.55 15,544.07
Net (increase)/decrease in inventory (14,635.30) (1,433.48)
27 Employee benefits expense

2024 2023
Salaries and wages 35,907.46 34,749.16
Contribution to provident and other funds
Expense on Employee Stock Option Scheme and
Staff welfare expense 100.17 1,593.49
Total 36,007.63 36,342.65

ABC PRIVATE LIMITED
28 Finance Cost
2024 2023
Interest Paid to Bank 100.00 10.00
Interest Paid to Other 20.00 30.00
Interest on short payment of advance Income-Tax
Total 120.00 40.00
29 Other expenses (Amount in ` hundreds)

Particulars For the year ended For the year ended
31 March 2024 31 March 2023
Office rent 5,950.58 6,749.24

Power and Fuel 578.85 512.00
Travelling and conveyance expense 4,701.02 2,143.92
Repairs to buildings - 702.90
Repairs to machinery 1.10 230.00
Loss on Forex fluctuation (Net) 322.66 339.34
Consumption of stores and spare parts 34.55 26.80
Penalty levied under Income-Tax Laws 397.81 -
Rates and taxes, excluding taxes on income 3,447.02 3,641.98
Legal and professional charges (Refer note below) 11,717.93 16,200.00
Office expenses 2,002.64 1,664.14
Insurance expenses 2,561.96 988.83
Miscellaneous expenses 873.87 541.28
Total 32,589.99 33,740.44
Note:
Remuneration to auditors (excluding taxes and outlays)
- Statutory audit 2,250.00 3,250.00
- Taxation matters - -
30 Earnings per share

Particulars For the year ended For the year ended
31 March 2024 31 March 2023
Profit attributable to shareholders 20,539.61 47,872.79
Nominal value per share (in Rs.) 10.00 10.00

Weighted average number of equity shares outstanding during the year 304,788 304,788
Basic earnings per share (in Rs.) 6.74 15.71

Dividend distribution tax
ABC PRIVATE LIMITED
31 The disclosure in respect of amounts payable to Micro, Small and Medium enterprises as at 31 March 2024 has been made in the financial
statements based on the information received and available with the company. Based on the information currently available with the Company,
there are no dues payable to Micro, Small and Medium enterprises as defined in "Micro, Small and Medium Enterprises Development Act, 2006"
32 Operating leases (Amount in ` hundreds)
a) The Company has taken office and warehouse premises under operating lease agreements. These are generally cancellable and are renewable
by mutual consent on mutually agreed terms.
b) Lease payments for the year are Rs. 595.06 (Previous year Rs. 674.92).
33 Unhedged foreign currency exposure
The foreign currency exposures that have not been hedged by a derivative instrument or otherwise are given below as on each Balance Sheet date:
31 March 2024 31 March 2023
Particulars Currency Amount in Rate Amount in Rs. Amount in Rate Amount in Rs.
FC FC
Trade payables Euro 35.89 84.06 3,016.78 33.76 85.84 2,898.35
Trade payables GBP 4.94 99.81 492.78 109.52 100.91 11,051.81
Trade receivables GBP 10.36 99.81 1,033.84 16.13 100.91 1,627.59
34 Earnings in foreign currency

Particulars 31 March 2024 31 March 2023
Commission income 51,479.64 39,622.57
Expenditure in foreign currency xx xx
35 C. I. F. Value of Imports xx xx
36 Contingent Liabilities NIL NIL
37 Under the Income Tax Act 1961, for Transfer Pricing transaction introduced with effect from 01 April 2012, the Company is required to use
specified method for using Arm's Length Price in relation to transactions with its associated enterprises. Further, company is required to maintain
prescribed information and documents in relation to such transactions. The appropriate method to be adopted will depend on the nature of
transactions/ class of transactions, associated persons, functions performed and other factors, which have been prescribed. The Company is in the
process of conducting a transfer pricing study for the current financial year. Based on the preliminary study for the current year and completed
study for the financial year 31 March 2021, the management is of the view that same would not have material impact on the tax expenses provided
in the financial statements. Accordingly, these financial statements do not include and adjustments for the transfer pricing implications, if any.

ABC PRIVATE LIMITED
38 Financial Ratios
Ratio Numerator Denominator As at As at % Reason For Variance
31 March 2024 31 March Variance
2023
Current Ratio Current Assets Current Liabilities #DIV/0! Ratio has increased due to
increase in stock and cash
equivalents and trade
payables of the company also
paid off during the year.
Debt - Equity Ratio Total Debt Shareholders Equity #DIV/0! Ratio has decreased on
account of increase in
shareholders equity on
account of retained earnnings
increased during the year.
Debt Service Coverage Ratio Earning Debt service

available for
debt service
Return on Equity Ratio Net Profit Average Shareholders #DIV/0! There is no significant
After Taxes equity change*
Inventory turnover ratio COGS Average Inventory #DIV/0! Ratio has decreased as the
closing inventory increased
this year.
Trade Receivables turnover Net Sales Average Trade #DIV/0! There is no significant
ratio Receivables change*
Trade payables turnover ratio Net Purchases Average Trade Payables #DIV/0! There is no significant
change*
Net capital turnover ratio Net sales Average Working #DIV/0! Ratio has changed as the
Capital company average working
capital has increased as
commpare to the previous
years
Net profit ratio Net Profit Revenue From #DIV/0! Ratio has increased as the
After Taxes Operations company's net profit
increased during the year.
Return on Capital employed Earning Before Average Capital #DIV/0! There is no significant
Interest and Employed change*
taxes
Return on investment Non Operating Average Investments #DIV/0! There is no significant

Income From change*
Investment
*There is no significant change (i.e. change of more than 25% as compared to the immediately previous financial year) in the other key financial ratios.
ABC PRIVATE LIMITED
39 Related party disclosure

a) List of related parties and relationships
Description of relationship Names of related parties

Holding Company ABC Infra P Limited
Key management personnel Ms. A, Director

Ms. B, Director
Mr. C, Director
b) Details of related party transactions in the (Amount in ` hundreds)

ordinary course of the business
Particulars 31 March 2024
Purchase of traded goods Holding Company

ABC 98,667.95
Commission income from Holding Company

ABC 51,479.63
Remuneration paid to Director*

ABC 28,749.96
c) Outstanding balance at the year end
Trade payable of Holding Company

ABC 492.78
Trade receivable from Holding Company

ABC 1,033.84
Expense payable of Director

ABC 192.48
* Salary to KMP does not include provisions made for gratuity, leave benefits and bonus, as they are determined for the
Company as a whole.
In accordance with AS 18, disclosures in respect of transactions with identified related parties are given only for such
period during which the relationship existed. Related party relationships as given above are as identified by the Company
and relied upon by the auditors.

ABC PRIVATE LIMITED
40 The Company has evaluated the impact of COVID-19 on its financial statements based on the internal and external
information up to the date of approval of these financial statements and expect to recover the carrying amount of fixed
assets, inventories and receivables. The Company does not foresee any material impact on liquidity and going concern
assumption. The Company will continue to monitor the future market conditions and update its assessment.
41 No loans and advances are granted that are in the nature of loan repayable on demand or without specifying
any terms or period of repayment (Previous year Rs. Nil).
42 Capital work-in-progress ageing and completion schedule:Not applicable as no Capital work-in-progress(Previous year Nil)
43 No Intangible Assets under development during the year (Previous year Rs. Nil).
44 There are no proceedings initiated or pending against the Company for holding any benami property under the
Prohibition of Benami Property Transactions Act, 1988 (as amended from time to time) during the year ended March 31,
2024 (Previous year Rs. Nil).
45 The Company have not taken any borrowings from banks or financial institutions on the basis of security of current assets
during the year ended March 31, 2024 (Previous year Rs. Nil).
46 The Company is not declared as a willful defaulter by any bank or financial institution or other lender, during the year
ended March 31, 2024 (Previous year Rs. Nil).
47 The company has not entered into any transactions with companies struck off under section 248 of the Companies Act,
2013 or section 560 of Companies Act, 1956 during the year ended March 31, 2024 (Previous year Rs. Nil).
48 There are no charges or satisfaction yet to be registered with Registrar of Companies beyond the statutory period, by the
Company during the year ended March 31, 2024 (Previous year Rs. Nil).
Compliance with number of layers of companies
Compliance with approved Scheme(s) of Arrangements
Utilisation of Borrowed funds and share premium
49 The Company did not enter into any transactions which are not recorded in the books of accounts and has been
surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961. (Previous
year Rs. Nil).
50 The Company has not traded or invested in crypto currency or virtual currency during the financial year ended March 31,
2024 (Previous year Rs. Nil).
51 All amounts disclosed in the financial statements and notes have been rounded off to the nearest hundreds as per the
requirement of Schedule III, unless otherwise stated.
52 Previous year numbers have been regrouped/reclassified wherever considered necessary, to confirm to current year's
classification.
X V Chauhan
Partner Director
Membership No.: 602XXX DIN:
ABC PRIVATE LIMITED
Place: Navi Mumbai Place: Navi Mumbai

Date: Date:
ended 31 March 2024
31 March 2023
107,594.94
39,622.57
28,007.49
11,051.80
1,627.59
98.22
nus, as they are determined for the
ated parties are given only for such

ve are as identified by the Company
ended 31 March 2024
based on the internal and external

ecover the carrying amount of fixed
pact on liquidity and going concern
update its assessment.
or without specifying
work-in-progress(Previous year Nil)
g any benami property under the

me) during the year ended March 31,
he basis of security of current assets
on or other lender, during the year
r section 248 of the Companies Act,

revious year Rs. Nil).
beyond the statutory period, by the
e books of accounts and has been

he Income Tax Act, 1961. (Previous
g the financial year ended March 31,
to the nearest hundreds as per the
essary, to confirm to current year's
he Board of Directors of
M Chauhan
Director
DIN:
ended 31 March 2024
Place: Navi Mumbai

Date:
ABC PRIVATE LIMITED
Particulars Rate Opening WDV Additions Additions Total Depreciation Closing WDV
before 3/10 after 3/10
Computers 40% 486.92 - - 486.92 194.80 292.12
Office equipment 15% 723.45 - 1,116.95 1,840.40 192.30 1,648.10
Furniture and fixtures 10% 3,685.62 67.80 - 3,753.42 375.30 3,378.12
Vehicles 15% 11,232.97 - - 11,232.97 1,684.90 9,548.07
Total 16,128.96 67.80 1,116.95 17,313.71 2,447.30 14,866.41

ABC PRIVATE LIMITED
Computation of Deferred Tax for the year ended 31st March 2024
Particulars (Amount in `
hundreds)
Computation of Deferred Tax Assets / (Liability)
WDV as on 31st March 2024 - as per Companies Act, 2013 13,339.99

WDV as on 31st March 2024 - as per Income Tax Act, 1961 14,866.41
1,526.42
Preliminary Expenses balances -
Timing Difference 1,526.42

Tax on above at applicable Tax rate 25.168% 384.17
Deferred Tax Assets to be shown in Balance Sheet 384.17
Opening Deferred Tax #NAME?

Deferred Tax to be transferred to Profit and Loss Account #NAME?

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ABC PRIVATE LIMITED

EQUITY AND LIABILITIES

(1) Shareholders' funds

(3) Non-Current liabilities

(4) Current liabilities

TOTAL 134,422.81 113,782.78

(1) Non-Current Assets

(b) Non-current investments 13 30.00 30.00

TOTAL 134,061.16 113,652.27 130.51 361.64

The accompanying notes form an integral part of the financial statements.

As per our Audit Report of even date

Place: Navi Mumbai Place: Navi Mumbai Place: Navi Mumbai

Dividend distribution tax

III. Total Income (I+II) 237,389.97 278,197.91

Total expenses 216,844.36 230,307.13

IX. Profit before tax (VII-VIII) 20,545.61 47,890.79

XI. Profit (loss) for period from continuing operations (VII-VIII)

XII. Profit (loss) for period from discontinuing operations

Earnings per share 30

The accompanying notes form an integral part of the financial statements.

As per our Audit Report of even date

Place: Navi Mumbai Place: Navi Mumbai Place: Navi Mumbai

A. Cash flows from operating activities

Operating profit before working capital changes 23,000.11 48,872.21

Net cash generated from operating activities (A) (13,596.93) 29,484.98

B. Cash flows from investing activities

Net cash used in investing activities (B) (1,184.75) (12,206.46)

C. Cash flows from financing activities

Net cash used in financing activities (C) - -

Net increase in cash and cash equivalents (A+B+C) (14,781.68) 17,278.51

Cash and cash equivalents comprises of (refer note 20)

-Current accounts 414.96 297.44

Other Bank Balance

Notes to cash flow statement

The accompanying notes form an integral part of the financial statements.

Place: Navi Mumbai Place: Navi Mumbai Place: Navi Mumbai

2 Significant accounting policies

a. Basis of preparation of financial statements

d. Cash and cash equivalents

(This space has been intentionally left blank)

e. Property, plant and equipment and intangible assets

Property, plant and equipment

(This space has been intentionally left blank)

i. Provisions, contingent liabilities and contingent assets

j. Foreign exchange transactions

k. Earnings per share

(This space has been intentionally left blank)

3 Share capital (Amount in ` hundreds)

Issued, subscribed and fully paid up shares

Outstanding at the end of the year 304,788 30,478.80 304,788 30,478.80

(b) Rights, preferences and restrictions attached to equity shares

(c) Shares held by the Holding Company*

(d) Particulars of shareholders holding more than 5% shares

(g) Promoters Shareholding

4 Reserves and surplus (Amount in ` hundreds)

Total 103,438.44 82,898.82

Total 50.00 50.00

6 Other long term liabilities

Total 20.00 20.00