Balance Sheet of Agroha enterprises as at 31st March-2018
PARTICULARS Amount TOTAL AMOUNT
Source of Funds:
Capital Account 634,506.05
Sunil’s capital 875860.05
Less: credit card 50,489.00
HDFC 2,502.00
Donation 109053
Drawings 54,860.00
LIC 24,450.00
School fees
Loans(Liability) 1851845.9
Bank od A/c 859142.95
Secured loans 992702.95
Unsecured loans
Current liabilities 1,638,085.9
Provision 44,553.00
Sundry creditors 1570805
Unregistered Tax 65,940.00
payable
Less-Duties & taxes 43,212.15
Profit & loss A/C 0
Opening balance 502558.24
current period
Less-Transferred 502558.24
TOTAL 4,124,437.8
Application of
Funds:
Fixed Assets 1579196.65
Car 593850
Mobile 59,773.74
Motor bike 31,181.65
Plant & Machinery 687189.75
Tata Ace 207201.51
Current Assets 2545241.15
Closing stock 1035485
Loans & 53,073.00
Advance(Assets)
Sundry debtors 1425712.6
Cash in hand 24869.00
Bank Accounts 6101.48
TOTAL 4,124,437.8
Balance Sheet of Agroha enterprises as at 31st March-2019
PARTICLARS AMOUNT TOTAL AMOUNT
Source of Funds:
Capital Account 353,181.05
Sunil’s capital 595406.05
Less- Credit card 12,500.00
HDFC 9,343.00
Star health
insurance 181362
Drawings 39,020.00
School fees
Loans(Liability) 1908532.9
Bank od A/C 920609.95
Secured loans 837922.95
Unsecured loans 150000
Current liabilities 2,493,868.57
Provision 76,703.00
Sundry creditors 2385328.5
Unregistered tax 65,940.00
payable
Less- Duties & Taxes 34,102.93
Profit & Loss A/C 3355599.45
Opening balance 3355599.45
current period
TOTAL 50,91,181.97
Application of Funds:
Fixed Assets 1,352,287.87
Car 504772.5
Mobile 53,842.29
Motor bike 26,504.40
Plant & Machinery 584111.4
LCD Monitor 6936
Tata Ace 176121.28
Current Assets 3738894.1
Closing Stock 1235091
Loans & 35,642.00
Advances(Assets)
Sundry debtors 917360.62
Cash in hand 1544699.00
Bank Accounts 6101.48
TOTAL 5091181.97
Profit & Loss Statement as per the year ending of 31st March, 2018
PARTICULARS AMOUNT AMOUNT
Trading Account
Sales Account 5104025.9
5
Sales Ag. E Form 450887
Sales Ag. H Form 420469.5
Sales central Tax 5% 1701502
Sales Tax Invoice 5% 2531167.4
5
Direct Incomes 1566780
Work Contract Received 1566780
6670805.9
5
Cost of Sales 4358261.6
Opening stock 343079
Add: purchase A/C 4068867.2
Less: Closing stock 1035485
3376461.
2
Direct Expenses 981800.4
Cartage Inward 342534
Job work paid 302586.4
Power & Fuel Exp. 336680
GROSS PROFIT 2312544.3
5
INCOME STATEMENT:
Indirect Incomes 644.32
Interest 644.32
2313188.6
7
Indirect Exp. 1810630.4
Accounting charges 15000 3
Advertising Exp. 16120
Audit fees 10000
Bank charges 12556.54
Business promotion Exp. 15840
Commission Exp. 9680
Convince Exp. 71842
Depreciation 239417.59
Factory Rent 275000
Festival Exp. 77425
Interest on Tata Ace loan 42290.94
Interest on C.C, limit 85655.96
Interest on Term loan 44465.7
Insurance 14832
Legal & professional charges 23000
Postage & currier Exp. 1872
Printing & stationary Exp. 12134
Repair & maintenance of building 54670
Repair& maintenance Exp. 43700.29
Salaries 412633
Short & Excess 0.66
Staff welfare 56450
Telephone Exp. 41488.75
Travelling Exp. 65670
Vehicle Running & Maintenance 168886
NET PROFIT: 502558.24
Profit & Loss Statement as per the year ending of 31st March, 2019
PARTICULARS AMOUNT AMOUNT
Trading Account
Sales Account 3599918
Sales Ag. E Form 139550
Sales Ag. H Form 667113
Sales Tax Invoice 5% 2793255
Direct Incomes 3599918
Cost of Sales 2346186.5
Opening stock 1035485 5
Add: purchase A/C 2539552.5
Less: Closing stock 5
1235091
2339946.
55
Direct Expenses 6240
Cartage Inward 2210
Job work paid 4030
GROSS PROFIT 1253731.4
5
INCOME STATEMENT:
Indirect Incomes 1253731.4
5
Indirect Exp. 918132.03
Accounting charges 13750
Advertising Exp. 9752
Audit fees 12500
Bank charges 10752
Business promotion Exp. 7524
Cartage outward (-)2187.75
Company insurance 14621
Commission Exp. 6582
Convince Exp. 9850
Depreciation 238638.78
Donation 1401
Factory Rent 120000
Festival Exp. 12580
Interest on Tata Ace loan 20992
Interest on C.C, limit 115379
Interest on VAT 154
Legal & professional charges 9852
Office Exp. 1880
Printing & stationery Exp. 9782
Salaries 245864
Short & Excess (-)5
Staff welfare 2356
Telephone Exp. 15710
Toll Tax 180
Vehicle Running & Maintenance 40145
Weighting & Measurement 80
NET PROFIT: 335599.42
RATIO ANALYSIS
RATIO ANALYSIS FOR 2018
SL. RATIOS VALUE REMARKS
NO.
1. Working capital 907155.25 Liquidity
position is good
2. Current Ratio 1.55:1 It is safe
3. Quick Ratio 0.92:1 It is not good
4. Debt-Equity 1.63:1 It is safe
Ratio
5. Return on 44.20% It is good
Investment
Ratio
6. Gross Profit 45.31% It is not
Ratio satisfactory
7. Net profit Ratio 9.84% It is not
satisfactory
8. Return on 20.21% It is not good
Assets Ratio
9. Return on 55.40% It is good
working capital
10. Cost of Goods 85.38 It is not
Sold Ratio satisfactory
11. Operating cost 120.86 It is so high
Ratio
12. Fixed Assets 3.23 It is not safe
Turnover
13. Working capital 5.63 It is safe
Turnover
14. Inventory 4.93 It is not good
Turnover
RATIO ANALYSIS FOR 2019
SL. RATIOS VALUE REMARKS
NO.
1. Working capital 1245025.53 Liquidity
position is good
2. Current Ratio 1.50:1 It is safe
3. Quick Ratio 1.00:1 It is good
4. Debt-Equity 2.77:1 It is safe
Ratio
5. Return on 48.72% It is good
Investment
Ratio
6. Gross Profit 34.83% It is not
Ratio satisfactory
7. Net profit Ratio 9.32% It is not
satisfactory
8. Return on 12.92% It is not good
Assets Ratio
9. Return on 26.96% It is not good
working capital
10. Cost of Goods 65.17 It is not
Sold Ratio satisfactory
11. Operating cost 90.67% It is so high
Ratio
12. Fixed Assets 2.66 It is not safe
Turnover
13. Working capital 2.89 It is safe
Turnover
14. Inventory 2.91 It is not good
Turnover
SUMMARY FOR BALANCE SHEET & PROFIT & LOSS
STATEMENT
Summary of Balance Sheet
PARTICULAR 2018 2019 REMARKS
S
Current Assets 2545241.15 3738894.10 Short term
liquidity available
is very less
Fixed Assets 1579196.65 1352287.87 Fixed Assets have
decreased due to
decrease in
investment
Current Liabilities 1638085.85 2493868.57 Substantial
increase in
liabilities .
Liquidity Position
is not good
Long Term Liabilities 992702.95 837922.95 Debts have
decreased
because of less
investment.
Summary of Profit & Loss Statement
PARTICULAR 2018 2019 REMARKS
S
Purchase 4068867.20 2539552.55 Purchase has
decreased by
37.58%
Cost of Goods Sold 4358261.60 2346186.55 COGS has
decreased by
46.17%
Sale 5104025.9 3599918 Sales have
decreased by
29.47%
Gross Profit 2312544.35 1253731.45 Gross Profit
has decreased
by 45.79%
Net Profit 502558.24 335599.45 Net Profit has
decreased by
33.22%
COMPARATIVE STATEMENT
COMPARATIVE INCOME STATEMENT
PARTICULAR PREVIOUS CURRENT ABSOLUTE PERCENTAGE
S YEAR YEAR CHANGE CHANGE
Sales 5104025.95 3599918 -1504107.95 -29.47%
Less-cost of 4358261.6 2346186.55 -2012075.05 -46.17%
goods sold
Operating Profit 745764.35 1253731.45 507967.1 68.11%
Add-Other 1566780 - -1566780 -100%
Income
Gross Profit 2312544.35 1253731.45 -1058812.9 -45.79%
Less-Operating 1810630.43 918132.03 -63667.97 -3.52%
Exp.
Earning Before 501913.92 335599.45 -167603.11 -33.39%
Interest & Tax
Add-Interest 644.32 0 -644.32 -100%
PROFIT 502558.24 335599.45 -166958.79 -33.22%
COMPARATIVE BALANCE SHEET OF AGROHA ENTERPRISES
PARTICULARS PREVIOUS CURRENT ABSOLUTE PERCENTAGE
YEAR YEAR CHANGE CHANGE
Car 593850 504772.5 (89077.5) 15%
Mobile 59773.74 53842.29 (5931.45) 9.92%
Motor Bike 31181.65 26504.40 (4677.25) 15%
Plant & 687189.75 584111.4 (103078.35) 14.99%
Machinery
LCD Monitor - 6936 - -
Tata Ace 207201.51 176121.28 (148919.77) 71.87%
Closing Stock 1035485 1235091 199606 19.28%
Loans & 53073 35642 (17431) 34.81%
Advances(Assets)
Sundry Debtors 1425712.6 917360.62 (508351.98) 35.66%
Cash in hand 24869.00 1544699 1519830 61.11%
Bank Accounts 6101.48 6101.48 - -
TOTAL 4124437.85 5091181.97 966744.12 23.43%
Capital Account 634506.05 353,181.05 281325 44.33%
Loans(Liability) 1851845.9 1908532.9 (56687) 3.06
Current 1,638,085.9 2,493,868.57 855782.67 52.24%
Liabilities
TOTAL 4124437.85 5091181.97 966744.12 23.43%
FINDINGS
Gross profit & net profits are decreased during the period of
2017-19, which indicates that firm’s inefficient management
in manufacturing & trading operations.
Liquidity ratio of the firm is better liquidity position in over
the two years. It shows that the firm had sufficient liquid
assets.
The fixed assets turnover ratio of the firm has in 2017-19 the
ratio is 3.23 or 2.26 respectively & it decrease.
Cost ratio of the company has decreased during the period of
2017-19 .
Current liabilities are increasing by 52.4%
Current Assets Ratio are decreased in two years.
Net profit also decreased by 33.22%
Return on Investment has increased.
Gross profit has decreased by 45.79%
