Projected

Financial Statements

OF

M/s. SPARKLES FACILITY

SERVICES
2019-2020 to 2023-2024

Address of the Business

No.20, 21 UMA NAGAR, PILLAIYAR KOVIL STREET
NEW PERUNGALATHUR CHENNAI 600 063
 M/s. SPARKLES FACILITY SERVICES
Snap Shot of Business
Cost Benefit Analysis
Details 2019-2020 2020-2021 2021-2022 2022-2023 2023-2024
Projected Benefit (Revenue) 5,328,801 6,694,562 8,632,658 9,495,924 10,445,517

Projected Cost of Expenses 4,772,633 5,381,704 6,849,800 7,534,780 8,288,258

Profit Before Int,Dep & Tax 556,168 1,312,858 1,782,858 1,961,144 2,157,258
Profit After Tax (PAT) 244,004 1,011,311 1,567,563 1,826,716 2,053,924
Ratio Analysis
Ratio Details 2019-2020 2020-2021 2021-2022 2022-2023 2023-2024

Current Ratio
Current Assets 2,167,817 2,619,411 3,741,005 5,214,307 7,371,565
Current Liablities 1,943,240 1,241,774 468,231 - -
1.12 2.11 7.99
Debt Service Coverage Ratio
Net Income (Profit) 556,168 1,312,858 1,782,858 1,961,144 2,157,258
Debt Repayment 268,780 861,264 861,264 487,842 -
2.07 1.52 2.07 4.02
Net Profit Margin
PAT 244,004 1,011,311 1,567,563 1,826,716 2,053,924
Turnover 5,328,801 6,694,562 8,632,658 9,495,924 10,445,517
In Percentage 4.58 15.11 18.16 19.24 19.66

Profit After Tax (PAT) in Lakhs

2020-2021, 10.11
2019-2020, 2.44

2021-2022, 15.68

2023-2024, 20.54

2022-2023, 18.27
 Projected Profit & Loss account
Financial Year 2019-2020 to 2023-2024

M/s. SPARKLES FACILITY SERVICES

No.20 21 UMA NAGAR, PILLAIYAR KOVIL STREET NEW PERUNGALATHUR CHENNAI 600 063

Provisional Projected Projected Projected Projected

Particulars 2019-2020 2020-2021 2021-2022 2022-2023 2023-2024

Income 5,328,801 6,694,562 8,632,658 9,495,924 10,445,517

Income From Operations (A) 5,328,801 6,694,562 8,632,658 9,495,924 10,445,517

Staff Salaries ,Wages & Bonus 2,930,841 3,177,553 3,884,696 4,273,166 4,700,482
Remuneration to Partners 799,320 959,184 1,294,899 1,424,389 1,566,827
Travelling, Telephone 266,440 319,728 431,633 474,796 522,276
Rent,Power & Fuel 319,728 383,674 517,959 569,755 626,731
Staff Welfare 213,152 255,782 345,306 379,837 417,821
Audit & other Stat. Fees 30,000 30,000 30,000 33,000 36,300
General Expenses 213,152 255,782 345,306 379,837 417,821

Expenditure (B) 4,772,633 5,381,704 6,849,800 7,534,780 8,288,258

Profit before Int & Dep (A-B) 556,168 1,312,858 1,782,858 1,961,144 2,157,258

Depreciation 250,145 141,749 127,574 114,816 103,335

Finance Cost - Term loan 56,303 102,229 51,956 7,886 -
Finance Cost - Term loan - (New Loan) 5,717 57,569 35,765 11,726 -

Net Profit 244,004 1,011,311 1,567,563 1,826,716 2,053,924

Trf to Reserve & Surplus 244,004 1,011,311 1,567,563 1,826,716 2,053,924

 DEBT SERVICE COVERAGE RATIO
Financial Year 2019-2020 to 2023-2024

M/s. SPARKLES FACILITY SERVICES

No.20 21 UMA NAGAR, PILLAIYAR KOVIL STREET NEW PERUNGALATHUR CHENNAI 600 063

Provisional Projected Projected Projected Projected

Particulars 2019-2020 2020-2021 2021-2022 2022-2023 2023-2024

Income 5,328,801 6,694,562 8,632,658 9,495,924 10,445,517

Income From Operations (A) 5,328,801 6,694,562 8,632,658 9,495,924 10,445,517

Expenditure (B) 4,772,633 5,381,704 6,849,800 7,534,780 8,288,258

Profit before Int & Dep (A-B) 556,168 1,312,858 1,782,858 1,961,144 2,157,258

Add : Depreciation 250,145 141,749 127,574 114,816 103,335

Add : Finance Cost - Term loan 56,303 102,229 51,956 7,886 0
Add: Finance Cost - NewLoan 5,717 57,569 35,765 11,726 0

Net Cash Accurals ( C ) 868,332 1,614,405 1,998,153 2,095,572 2,260,593

Repayment - Principal (Total 1450000) 189,957 488,795 539,068 232,179 -

Repayment - Interest 56,303 102,229 51,956 7,886 -
Repayment - Principal (Total 700000) 16,803 212,671 234,475 236,051 -
Repayment - Interest 5,717 57,569 35,765 11,726 -

TOTAL Payment Obligation (D) 268,780 861,264 861,264 487,842 -

DEBT SERVICE COVERAGE RATIO (DSCR) (C/D) 3.23 1.87 2.32 4.30
 Projected Balance Sheet
Financial Year 2019-2020 to 2023-2024

M/s. SPARKLES FACILITY SERVICES

Provisional Projected Projected Projected Projected

Particulars 2019-2020 2020-2021 2021-2022 2022-2023 2023-2024
EQUITY AND LIABILITIES
Owners Fund 1,398,061 1,398,061 1,398,061 1,598,061 1,598,061
Capital Addition for the Year - - 200,000

Reserve & Surplus

Net Profit 244,004 1,011,311 1,567,563 1,826,716 2,053,924
Reserve and Surplus Cumulative 244,004 1,255,315 2,822,878 4,649,594 6,703,518
Current Liabilities
Borrowings at Year End ;
Karnataka Bank - New Loan 683,197 470,526 236,051 - -
Karnataka Bank - 7717001400004401 1,260,043 771,248 232,180 - -

Total 3,585,304 3,895,149 4,889,170 6,247,655 8,301,579

II.Assets
Fixed Assets :
Land and Building 0 0 0 0 0

Other assets
Vechiles & Machinary 1,417,487 1,275,738 1,148,164 1,033,348 930,013

Current assets
Trade Adv & Bills Receivables 1,129,991 1,004,991 1,054,491 954,491 879,991
Other Advances 0 125,000 275,500 375,500 450,000
Cash & Bank Balance
Cash In Hand 65,500 78,500 78,500 102,500 125,500
Cash at Bank 972,326 1,410,920 2,332,514 3,781,816 5,916,074

Total 3,585,304 3,895,149 4,889,169 6,247,655 8,301,578

 Depreciation

Plant &
Heads TOTAL
Machinary
2019-2020
Open Balance 1,667,632 1,667,632
Less : Depreciation 250,145 250,145
Net Value 1,417,487 1,417,487

2020-2021
Gross Value 1,417,487 1,417,487
Less : Depreciation 141,749 141,749
Net Value 1,275,738 1,275,738
2021-2022
Gross Value 1,275,738 1,275,738
Less : Depreciation 127,574 127,574
Net Value 1,148,164 1,148,164

2022-2023
Gross Value 1,148,164 1,148,164
Less : Depreciation 114,816 114,816
Net Value 1,033,348 1,033,348

2023-2024
Gross Value 1,033,348 1,033,348
Less : Depreciation 103,335 103,335
Net Value 930,013 930,013
 Details of Interest Paid & Pricipal Outstanding

Details 2019-2020 2020-2021 2021-2022 2022-2023 2023-2024

Finace Charges
Loan Ac 7717001400004401 56,303 102,229 51,956 7,886 -

New Loan 5,717 57,569 35,765 11,726 -

Principal Outstanding

Loan Ac 7717001400004401
Loan Amt 14.50 Lakhs 1,260,043 771,248 232,180

New Loan
Loan Amt Rs.7 Lakhs 683,197 470,526 236,051
Loan Details - KARNATAKA BANK A/c No. 7717001400004401
Loan Amount 1,450,000
Date Int Pay Prin Pay EMI Prin o/S Int Pay Prin Pay
25-Oct-19 1,450,000
25-Nov-19 11,878 37,374 49,252 1,412,626
25-Dec-19 11,572 37,680 49,252 1,374,946
25-Jan-20 11,263 37,989 49,252 1,336,957
25-Feb-20 10,952 38,300 49,252 1,298,657
25-Mar-20 10,638 38,614 49,252 1,260,043 56,303 189,957
25-Apr-20 10,322 38,930 49,252 1,221,113
25-May-20 10,003 39,249 49,252 1,181,864
25-Jun-20 9,681 39,571 49,252 1,142,293
25-Jul-20 9,357 39,895 49,252 1,102,398
25-Aug-20 9,030 40,222 49,252 1,062,177
25-Sep-20 8,701 40,551 49,252 1,021,626
25-Oct-20 8,369 40,883 49,252 980,743
25-Nov-20 8,034 41,218 49,252 939,525
25-Dec-20 7,696 41,556 49,252 897,969
25-Jan-21 7,356 41,896 49,252 856,073
25-Feb-21 7,013 42,239 49,252 813,833
25-Mar-21 6,667 42,585 49,252 771,248 102,229 488,795
25-Apr-21 6,318 42,934 49,252 728,314
25-May-21 5,966 43,286 49,252 685,028
25-Jun-21 5,612 43,640 49,252 641,387
25-Jul-21 5,254 43,998 49,252 597,389
25-Aug-21 4,894 44,358 49,252 553,031
25-Sep-21 4,530 44,722 49,252 508,309
25-Oct-21 4,164 45,088 49,252 463,221
25-Nov-21 3,795 45,457 49,252 417,764
25-Dec-21 3,422 45,830 49,252 371,934
25-Jan-22 3,047 46,205 49,252 325,729
25-Feb-22 2,668 46,584 49,252 279,145
25-Mar-22 2,287 46,965 49,252 232,180 51,956 539,068
25-Apr-22 1,902 47,350 49,252 184,830
25-May-22 1,514 47,738 49,252 137,092
25-Jun-22 1,123 48,129 49,252 88,963
26-Jul-22 729 48,523 49,252 40,439
25-Aug-22 331 40,439 40,770 7,886 232,179
218,373 1,450,000
Loan Details - KARNATAKA BANK - New Loan
Loan Amount 700000 ROI 9.80%
Date Int Pay Prin Pay EMI Prin o/S Int Pay Prin Pay
10-Mar-20 700,000
25-Mar-20 5,717 16,803 22,520 683,197 5,717 16,803
25-Apr-20 5,579 16,941 22,520 666,256
25-May-20 5,441 17,079 22,520 649,177
25-Jun-20 5,302 17,218 22,520 631,959
25-Jul-20 5,161 17,359 22,520 614,600
25-Aug-20 5,019 17,501 22,520 597,099
25-Sep-20 4,876 17,644 22,520 579,455
25-Oct-20 4,732 17,788 22,520 561,668
25-Nov-20 4,587 17,933 22,520 543,735
25-Dec-20 4,440 18,080 22,520 525,655
25-Jan-21 4,293 18,227 22,520 507,428
25-Feb-21 4,144 18,376 22,520 489,052
26-Mar-21 3,994 18,526 22,520 470,526 57,569 212,671
26-Apr-21 3,843 18,677 22,520 451,848
26-May-21 3,690 18,830 22,520 433,019
26-Jun-21 3,536 18,984 22,520 414,035
26-Jul-21 3,381 19,139 22,520 394,896
26-Aug-21 3,225 19,295 22,520 375,601
26-Sep-21 3,067 19,453 22,520 356,149
26-Oct-21 2,909 19,611 22,520 336,537
26-Nov-21 2,748 19,772 22,520 316,765
26-Dec-21 2,587 19,933 22,520 296,832
26-Jan-22 2,424 20,096 22,520 276,736
26-Feb-22 2,260 20,260 22,520 256,476
26-Mar-22 2,095 20,425 22,520 236,051 35,765 234,475
26-Apr-22 1,928 20,592 22,520 215,459
26-May-22 1,760 20,760 22,520 194,698
26-Jun-22 1,590 20,930 22,520 173,768
26-Jul-22 1,419 21,101 22,520 152,668
26-Aug-22 1,247 21,273 22,520 131,394
26-Sep-22 1,073 21,447 22,520 109,947
26-Oct-22 898 21,622 22,520 88,325
26-Nov-22 721 21,799 22,520 66,527
26-Dec-22 543 21,977 22,520 44,550
26-Jan-23 364 22,156 22,520 22,394
26-Feb-23 183 22,394 22,577 (0) 11,726 236,051
110,777 700,000
 BASIS & PRESUMPTION

1 Sales Growth Estimated based on current sales trend.

2 Loan (Which is under process) treated as Term Loan

Int rate assumed @9.86% & Loan will get sanctioned in the Month of Mar-2020 .

3 Because of the New loan of Rs.7 Lakhs , In the second year Net profit
jumbed remarkably.

4 Effective customer Payment followup resulted in the Decrease in Trade

Receivable and Increase in Bank balance from second year onwards.

5 Depreciation computed on the Basis of WDV method.

6 General Expenses inclusive of Loan Processing Charges if any.

7 Openning Balance of Reserve and Surplus Included in owners fund.

 Prjected Cash Flow Statement
Financial Year 2019-2020 and 2023-2024
M/s. SPARKLES FACILITY SERVICES
No.20 21 UMA NAGAR, PILLAIYAR KOVIL STREET NEW PERUNGALATHUR CHENNAI 600 063

Provisional Projected Projected Projected Projected

Particulars 2019-2020 2020-2021 2021-2022 2022-2023 2023-2024

Source Funds :
Cash Accurals
Net Profit 556,168 1,312,858 1,782,858 1,961,144 2,157,258
Loan from Bank 700,000 0.00 0.00 0.00 0.00
Total Sources 1,256,168 1,312,858 1,782,858 1,961,144 2,157,258

Disposition of Funds :
Loan A/c 7717001400004401
Loan Repayment Finance Cost 56,303 102,229 51,956 7,886 -
Loan Repayment Principal 189,957 488,795 539,068 232,179 -
Loan which is under process
Loan Repayment Finance Cost 5,717 57,569 35,765 11,726 -
Loan Repayment Principal 16,803 212,671 234,475 236,051 -

Total Disposition 268,780 861,264 861,264 487,842 -

Net Surplus 987,388 451,594 921,594 1,473,302 2,157,258

Add Opening Bal of Cash & Bank 50,438 1,037,826 1,489,420 2,411,014 3,884,316

TOTAL 1,037,826 1,489,420 2,411,014 3,884,316 6,041,574

As per Balance Sheet

Cash In Hand 65,500 78,500 78,500 102,500 125,500
Cash at Bank 972,326 1,410,920 2,332,514 3,781,816 5,916,074
TOTAL 1,037,826 1,489,420 2,411,014 3,884,316 6,041,574