Saurabhprasad Agro Innovations LLP

LLPIN: AAU-5643
C/o Shetkari Traders, P551/2, Near Hotel Prayag,
Nagar-Manmad Highway, Rahuri Factory
Maharashtra - 413706, India
Contact : 9730123005

Balance Sheet
1-Apr-21 to 31-Mar-22

as at 31-Mar-22
Sources of Funds:

Capital Account 1,61,582.80

Reserves & Surplus 61,582.80
Reserves and Surplus 61,582.80 Cr
Prasad Deshmukh (Capital) 50,000.00
Saurabh Kadam (Capital) 50,000.00

Loans (Liability) 4,46,596.00

Unsecured Loans 4,46,596.00
Prasad Deshmukh (Loan) 1,67,188.00 Cr
Saurabh Kadam (Loan) 2,79,408.00 Cr

Current Liabilities 11,08,073.00

Provisions 40,000.00
Audit Fees Payable 15,000.00 Cr
Professional Fees Payable 25,000.00 Cr
Sundry Creditors 3,29,067.00
Add-on Systems 2,319.00 Cr
Option Engineering Works 2,66,716.00 Cr
Prime Transmission 1,47,323.00 Cr
Shree Anand & Company 18,290.00 Dr
SP Agro Equipment 67,000.00 Cr
Timber and Traders 1,41,370.00 Dr
Vaishali Enterprises 5,369.00 Cr
Advance Receipt 7,39,006.00
Ashok Patidar 10,000.00 Cr
Devkaran Mangilal Siddhad 1,00,000.00 Cr
Gajanan Dulichand Bhadaniya 1,00,000.00 Cr
Jagjit Singh Dabas 1,50,000.00 Cr
Keman Composite India Pvt Ltd 1,50,000.00 Cr
Meharba Singh 49,006.00 Cr
Sachin Gorakshnath Rautrai 80,000.00 Cr
Shyamlal Devram Marothiya 1,00,000.00 Cr

Profit & Loss A/c

Opening Balance
Current Period 61,582.80
Less: Transferred 61,582.80

Total 17,16,251.80

continued ...
Saurabhprasad Agro Innovations LLP
Balance Sheet : 1-Apr-21 to 31-Mar-22
as at 31-Mar-22

Application of Funds:

Fixed Assets 1,53,004.00

Break Assly Forming Tool 57,350.00
Mould Material 95,654.00

Current Assets 15,63,247.80

Closing Stock 2,15,500.00
Stock in Hand 2,15,500.00 Dr
Loans & Advances (Asset) 2,00,000.00
Nitin Manja Bapu Dhus 2,00,000.00 Dr
Sundry Debtors 38,861.40
Agrineer Agro Machinery Private Limited 41,500.00 Cr
Dhanu Nagnath Payagan 75,559.00 Dr
New Kasle Engg. Works 4,802.40 Dr
Cash-in-Hand 32,326.00
Cash 32,326.00 Dr
Bank Accounts 2,46,346.40
Bank of Baroda (1368) 2,46,346.40 Dr
Duties & Taxes (Asset) 8,30,214.00
CGST Input 4,27,411.00 Dr
SGST Input 4,02,803.00 Dr

Total 17,16,251.80

The Notes referred to above form an integral part of the Balance Sheet.
As per our report of even date

For S V Padmani and Associates For Saurabhprasad Agro Innovations LLP

Chartered Accountants
Firm Reg. No : 134129W

CA. Sanjay Vasantlal Padmani

Proprietor Saurabh Kadam Prasad Deshmukh
Membership No. : 129878 Designated Partner Designated Partner
Address : G-6, Weston Heights, Shivaji Cross Road, (DPIN: 08949223) (DPIN: 08949224)
Shrirampur - 413709

Place : Shrirampur
Date : 05-Sep-2022
UDIN : 22129878AUXFCF3113
UDIN Link : https://udin.icai.org/search-udin
 Saurabhprasad Agro Innovations LLP
LLPIN: AAU-5643
C/o Shetkari Traders, P551/2, Near Hotel Prayag,
Nagar-Manmad Highway, Rahuri Factory
Maharashtra - 413706, India
Contact : 9730123005

Profit & Loss A/c

5-Nov-20 to 31-Mar-22

Particulars 5-Nov-20 to 31-Mar-22

Trading Account:
Sales Accounts 77,80,837.33
Cost of Sales : 67,90,487.99
Opening Stock
Add: Purchase Accounts 69,86,989.23
Less: Closing Stock 2,15,500.00
67,71,489.23
Direct Expenses 18,998.76
Transport Expenses (Non RCM) 18,998.76

Gross Profit : 9,90,349.34

Income Statement:

Indirect Incomes 3,72,727.80

Discount 2,691.80
Grants (for Non Capital Expenditure) 3,70,036.00

13,63,077.14
Indirect Expenses 13,01,494.34
3D Design 37,112.00
Advertising 35,000.00
Audit Fees 15,000.00
Bank Charges 2,695.34
Depreciation 12,406.00
Interest to Partners 23,181.00
Loading Receipts 2,298.00
Patent Application 50,000.00
Professional Fees 25,000.00
Rent Exps 1,20,000.00
Salary 6,31,427.00
Salary to Partners 3,17,375.00
Tractor Rent & Disel Exps 10,000.00
Trademark 20,000.00

Nett Profit : 61,582.80

The Notes referred to above form an integral part of the Balance Sheet.
As per our report of even date

For S V Padmani and Associates For Saurabhprasad Agro Innovations LLP

Chartered Accountants
Firm Reg. No : 134129W

CA. Sanjay Vasantlal Padmani

Proprietor Saurabh Kadam Prasad Deshmukh
Membership No. : 129878 Designated Partner Designated Partner
Address : G-6, Weston Heights, Shivaji Cross Road, (DPIN: 08949223) (DPIN: 08949224)
Shrirampur - 413709

Place : Shrirampur
Date : 05-Sep-2022
UDIN : 22129878AUXFCF3113
UDIN Link : https://udin.icai.org/search-udin
 Saurabhprasad Agro Innovations LLP
(LLPIN ‐ AAU‐5643)

( For the period 5th November, 2020 to 31st March, 2022 )

Notes forming part of Balance Sheet

ICDS I Accounting Policies

1 The assessee has followed fundamental accounting assumptions going concern consistency & accrual. The
accounts are prepared under the historical cost convention using the accrual method of accounting.
Accounting policies not specifically referred to are consistent with generally accepted accounting
principles.
2 Provision is made for all known liabilities and losses on best estimate basis.
3 Anticipated profits are not recognised.
4 Accounting policies shall not be changed without a “reasonable cause”, further the partners certify that
during the relevant previous year, no such change was carried out.

ICDS II Valuation of inventories

1 Stock in hand is valued at cost or net realizable value which ever is less. Stock in hand is valued & certified
by the proprietor.

ICDS IV Revenue recognition

1 Revenue is recognised only if there is reasonable certainty of its ultimate collection from sale of goods and
rendering of services.
2 The partners certified that the amounts not recognised as revenue due to lack of reasonable certainty of its
ultimate collection is NIL during the year.

ICDS V Tangible fixed assets

1 ‘Cost’ of fixed asset comprises its purchase price, non‐ refundable taxes and any directly attributable cost
of bringing the asset to its working condition for its intended use. Trade discount and rebates were
deducted while computing cost.
2 Fixed Assets are shown at Cost less Depreciation.
3 Fixed Assets which are not in use are shown at its WDV & Depreciation is not charged.
4 For details like Block of Depreciation, Rate Of Depreciation Amount Of Depreciation , WDV of Assets, please
refer Clause 18 Of Form 3CD

ICDS VI Effects of changes in foreign exchange rates

1 The assessee informs that the foreign exchange transactions are not carried on during the year.

ICDS VII Government grants

1 The assessee informs that no Govt Grants received during the year.

ICDS VIII Securities

1 The assessee informs that he does not hold any securities as stock in Trade during the year.
2 The partners certify that shares investments in the books are in personal name & it is held as investments.
Income or loss will be considered while filing Income Tax Return. He certify that the sales transactions in
Shares will be considered as capital gain or loss while filing Income Tax Return.

ICDS IX Borrowing costs

1 In case of specific borrowing, Capitalisation commenced from date of borrowing of funds and cessation
from the date when asset is put to use.
2 The partners certify that during the year no borrowing cost is eligible for capitalization.
3 The partners certify that Borrowing cost debited to P & L A/C during the year is for the borrowings used for
the business porpose only.
4 The partners certify that there is no foreign Borrowing cost during the year.

ICDS X Provisions, contingent liabilities and contingent assets

1 Provision is recognised when it is ”reasonably certain” that an outflow of economic resources will be
required to settle an obligation.
2 Contingent asset/reimbursement claims are recognised when the realisation of related income is
”reasonably certain”.
3 The partners certify that the contingent asset & liability as on 31/03/2019 is nil.

As per our report of even date

For S. V. Padmani & Associates For Saurabhprasad Agro Innovations LLP
Chartered Accountants

CA. Sanjay Vasantlal Padmani Saurabh Kadam

Proprietor, M.No.:129878 Designated Partner (DPIN: 08949223)
Firm reg No. 134129W

Date: 05‐Sep‐2022 Prasad Deshmukh

Place : Shrirampur Designated Partner (DPIN: 08949224)