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    Projection

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    Prabhu S
    This document contains the profit and loss statement and balance sheet for Sri Ganapathy Agency Prop from 2020-21 to 2026-27. Over the years, the company's revenue from operations and net profit increased steadily while expenses like salaries, rent and depreciation also rose. Assets like computers, motorcycles and property decreased in value each year due to depreciation charges, while current assets like stock and debtors fluctuated over time. The balance sheet shows the company's capital increasing each year from profits, and liabilities including loans and creditors that varied annually.

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    Projection

    Uploaded by

    Prabhu S
    58 views3 pages
    This document contains the profit and loss statement and balance sheet for Sri Ganapathy Agency Prop from 2020-21 to 2026-27. Over the years, the company's revenue from operations and net profit increased steadily while expenses like salaries, rent and depreciation also rose. Assets like computers, motorcycles and property decreased in value each year due to depreciation charges, while current assets like stock and debtors fluctuated over time. The balance sheet shows the company's capital increasing each year from profits, and liabilities including loans and creditors that varied annually.

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    This document contains the profit and loss statement and balance sheet for Sri Ganapathy Agency Prop from 2020-21 to 2026-27. Over the years, the company's revenue from operations and net profit increased steadily while expenses like salaries, rent and depreciation also rose. Assets like computers, motorcycles and property decreased in value each year due to depreciation charges, while current assets like stock and debtors fluctuated over time. The balance sheet shows the company's capital increasing each year from profits, and liabilities including loans and creditors that varied annually.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    58 views3 pages

    Projection

    Uploaded by

    Prabhu S
    This document contains the profit and loss statement and balance sheet for Sri Ganapathy Agency Prop from 2020-21 to 2026-27. Over the years, the company's revenue from operations and net profit increased steadily while expenses like salaries, rent and depreciation also rose. Assets like computers, motorcycles and property decreased in value each year due to depreciation charges, while current assets like stock and debtors fluctuated over time. The balance sheet shows the company's capital increasing each year from profits, and liabilities including loans and creditors that varied annually.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    SRI GANAPATHY AGENCY PROP: S.

    DINESH KUMAR
    New No.32/Old No.54, 1st street First Floor, MGR Nagar, kodungaiyur, Chennai-600118.
    Amount Amount Amount Amount Amount Amount Amount
    STATEMENT OF PROFIT & LOSS ACCOUNT
    2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27
    INCOME
    Revenue from operations 92,13,468 1,05,95,488 1,16,55,037 1,25,87,440 1,40,97,933 1,49,43,809 1,59,89,875
    Closing Stock 11,23,764 8,34,214 9,36,962 9,64,980 10,32,052 9,77,998 9,91,677
    1,03,37,232 1,14,29,702 1,25,91,999 1,35,52,420 1,51,29,985 1,59,21,807 1,69,81,552
    Less:
    Opening stock 8,52,908 11,23,764 8,34,214 9,36,962 9,64,980 10,32,052 9,77,998
    Purchase 72,09,633 75,70,115 90,90,929 95,53,867 1,09,96,388 1,13,57,295 1,25,32,002
    Gross profit 22,74,691 27,35,824 26,66,856 30,61,591 31,68,617 35,32,460 34,71,552

    EXPENDITURE
    Salaries & wages 5,38,620 6,49,037 7,00,960 7,92,085 8,95,056 10,54,413 10,35,057
    Electricity Charges 66,732 73,739 83,325 94,157 1,01,690 1,13,892 1,23,004
    Rent 96,000 96,000 96,000 1,05,600 1,05,600 1,05,600 1,05,600
    Professional Charges 36,000 45,000 49,500 54,450 59,895 65,885 72,473
    Business Promotion 98,725 1,08,104 1,21,076 1,35,606 1,51,878 1,70,104 1,90,516
    Travelling &Conveyance 1,12,648 1,15,464 1,29,320 1,44,838 1,62,219 1,91,418 2,14,388
    Repairs & Maintenance 12,592 15,047 15,469 15,902 16,347 21,709 22,317
    Insurance - 18,030 21,400 23,600 22,400 23,600 23,600
    Postage & Telephone 76,820 59,174 59,409 60,340 58,344 61,860 60,340
    Printing & Stationary 10,324 13,266 15,101 16,936 18,771 20,736 22,571
    Staff Welfare 78,429 96,860 1,12,357 1,30,335 1,54,384 1,79,086 2,07,739
    Mis. Expenses 51,346 54,427 57,692 62,885 68,544 74,713 81,437
    Financial Charges 46,782 2,76,957 2,79,722 3,30,480 2,90,822 2,54,266 2,19,915
    Depreciation 2,17,548 2,03,468 3,02,766 2,67,770 2,34,897 2,10,125 1,90,659
    Net Profit 8,32,125 9,11,251 6,22,758 8,26,607 8,27,769 9,85,053 9,01,936
    22,74,691 27,35,824 26,66,856 30,61,591 31,68,617 35,32,460 34,71,552

    BALANCE SHEET
    SRI GANAPATHY AGENCY PROP: S.DINESH KUMAR
    New No.32/Old No.54, 1st street First Floor, MGR Nagar, kodungaiyur, Chennai-600118.
    Amount Amount Amount Amount Amount Amount Amount
    2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27
    LIABILITIES
    Capital Account
    Opening Balance 18,47,706 21,79,831 24,41,082 23,83,840 25,10,047 26,87,816 29,70,369
    Add: Net Profit 8,32,125 9,11,251 6,22,758 8,26,607 8,27,769 9,85,053 9,01,936
    26,79,831 30,91,082 30,63,840 32,10,447 33,37,816 36,72,869 38,72,305
    less: Drawings 5,00,000 6,50,000 6,80,000 7,00,400 6,50,000 7,02,500 7,82,500
    Closing balance 21,79,831 24,41,082 23,83,840 25,10,047 26,87,816 29,70,369 30,89,805

    Secured Loan
    Can Fin Home Ltd 30,77,295 27,08,020 -
    Bank of India - - 36,72,000 32,31,360 28,25,178 24,43,496 21,45,390

    CURRENT LIABILITIES
    Sundry Creditors 1,32,747 3,15,421 2,65,152 1,99,039 2,47,728 2,36,610 2,12,108
    Bank of India (Cash Credit) 7,99,404 5,59,583 5,55,992 5,97,135 6,20,511 4,88,708 4,91,219
    Expenses Payable - - 45,000 37,000 23,800 43,900 24,900

    61,89,277 60,24,106 69,21,984 65,74,581 64,05,034 61,83,084 59,63,423


    FIXED ASSETS
    Furniture & Fittings 16,880 15,192 13,673 1,07,191 96,472 86,825 78,142
    Less Dep 10% (1,688) (1,519) (1,367) (10,719) (9,647) (8,682) (7,814)
    15,192 13,673 12,306 96,472 86,825 78,142 70,328
    Refrigerator 11,502 9,777 63,310 53,814 45,742 38,880 33,048
    Less Dep 15% (1,725) (1,467) (9,497) (8,072) (6,861) (5,832) (4,957)
    9,777 8,310 53,814 45,742 38,880 33,048 28,091
    Computer 12,830 7,698 1,69,619 1,01,771 61,063 36,638 21,983
    Less Dep 40% (5,132) (3,079) (67,848) (40,709) (24,425) (14,655) (8,793)
    7,698 4,619 1,01,771 61,063 36,638 21,983 13,190
    Motor Cycle 60,372 51,316 2,28,619 1,94,326 1,65,177 1,40,401 1,19,340
    Less Dep 15% (9,056) (7,697) (34,293) (29,149) (24,777) (21,060) (17,901)
    51,316 43,619 1,94,326 1,65,177 1,40,401 1,19,340 1,01,439
    Air Conditioner 16,314 13,867 76,787 65,269 55,479 47,157 40,083
    SRI GANAPATHY AGENCY PROP: S.DINESH KUMAR
    New No.32/Old No.54, 1st street First Floor, MGR Nagar, kodungaiyur, Chennai-600118.
    Amount Amount Amount Amount Amount Amount Amount
    Less Dep 15% (2,447) (2,080) (11,518) (9,790) (8,322) (7,074) (6,012)
    13,867 11,787 65,269 55,479 47,157 40,083 34,071
    Property at kundrathur 39,50,000 37,52,500 35,64,875 33,86,631 32,17,300 30,56,435 29,03,613
    Less Dep 5% (1,97,500) (1,87,625) (1,78,244) (1,69,332) (1,60,865) (1,52,822) (1,45,181)
    37,52,500 35,64,875 33,86,631 32,17,300 30,56,435 29,03,613 27,58,432

    CURRENT ASSETS
    Closing Stock 11,23,764 8,34,214 9,36,962 9,64,980 10,32,052 9,77,998 9,91,677
    Sundry Debtors 5,98,625 8,82,957 13,80,905 11,32,870 12,68,814 13,44,943 13,55,295
    Advance & Deposit 3,75,000 3,75,000 4,50,000 4,50,000 4,25,000 4,25,000 4,25,000
    Cash & Bank Balance 2,41,537 2,85,051 2,55,000 2,35,000 2,15,500 1,89,017 1,22,200
    Prepaid expenses - - 85,000 1,50,500 57,333 49,916 63,700

    61,89,277 60,24,105 69,21,984 65,74,581 64,05,034 61,83,084 59,63,423

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