M/s KAGAZ KREATIONS
SECTOR 3, PLOT NO 209, G.T.ROAD, INDUSTRIAL ESTATE, Karnal, Haryana, 132001
BALANCE SHEET AS ON 31.03.2023
LIABILITIES AMOUNT ASSETS AMOUNT
(Rs.) (Rs.)
Capitak Account 37,08,136.00 FIXED ASSETS 5,05,696.27
(As per Schedule A attached) (As per Schedule B attached)
SUNDRY DEBTORS 7,28,800.00
(As per Schedule E attached)
SUNDRY CREDITORS 4,74,540.00 CURRENT ASSETS, LOANS
(As per Schedule D attached) AND ADVANCES
Prepaid Insurance 6,120.00
OTHER CURRENT LIABLITIES Bank Balance 6,567.73
GST Payable 96,821.00 Cash in Hand 2,24,000.00
Other Payables 7,72,587.00 Closing Stock 35,78,400.00
OTHER CURRENT ASSETS
Security 2,500.00
TOTAL 50,52,084.00 TOTAL 50,52,084.00
AUDITOR'S REPORT
In terms of our seprate report of even date annexed.
For M/s HIMANI MUNJAL & ASSOCIATES
Chartered Accountant
(HIMANI MUNJAL)
M/s KAGAZ KREATIONS
SECTOR 3, PLOT NO 209, G.T.ROAD, INDUSTRIAL ESTATE, Karnal, Haryana, 132001
TRADING AND PROFIT & LOSS ACCOUNT FOR THE YEAR ENDING 31-03-2023
Particulars Amount Particulars Amount
(Rs.) (Rs.)
To Opening Stock 34,72,000.00 By Sales 1,75,85,230.00
To Freight and Cartage 6,78,755.00
To Purchases 1,36,60,526.00 By Closing Stock 35,78,400.00
To Gross Profit c/d 33,52,349.00
TOTAL 2,11,63,630.00 TOTAL 2,11,63,630.00
To Stationery A/c 3,160.00 By Gross Profit b/d 33,52,349.00
To Petrol A/c 77,850.00
To Insurance Expenses 32,580.00
To General Expenses 62,300.00
To Telephone expenses 8,560.00
To Rent A/c 1,72,000.00
To Salaries 5,17,000.00
To Bank Charges 1,935.41
To Depreciation 86,417.59
To Accounting Charges 32,500.00
To Legal Expenses 28,900.00
To Entertainment Expenses 42,580.00
To Repair and Mantainenance 25,860.00
To Car Repair Expenses 19,200.00
To Electricity Expenses 33,650.00
To Travelling Expenses 66,480.00
To Staff Welfare 35,820.00
To Net Profit 21,05,556.00
TOTAL 33,52,349.00 TOTAL 33,52,349.00
AUDITOR'S REPORT
In terms of our seprate report of even date annexed.
For M/s HIMANI MUNJAL & ASSOCIATES
Chartered Accountant
(HIMANI MUNJAL)
-
M/s KAGAZ KREATIONS
SECTOR 3, PLOT NO 209, G.T.ROAD, INDUSTRIAL ESTATE, Karnal, Haryana, 132001
SH. ASHWANI KUMAR
DETAIL OF CAPITAL ACCOUNT AS ON 31.03.2023 Schedule A
PARTICULARS AMOUNT PARTICULARS AMOUNT
(Rs.) (Rs.)
To Drawings 11,00,000.00 By Opening Balance b/d 19,01,290.00
BY Addition -
By Profit & Loss A/c 10,52,778.00
To Trfd to Balance Sheet 18,54,068.00
Total 29,54,068.00 Total 29,54,068.00
In terms of our seprate report of even date annexed.
For M/s HIMANI MUNJAL & ASSOCIATES
Chartered Accountant
(HIMANI MUNJAL)
M/s KAGAZ KREATIONS
SECTOR 3, PLOT NO 209, G.T.ROAD, INDUSTRIAL ESTATE, Karnal, Haryana, 132001
SH. JOGINDER SINGH
DETAIL OF CAPITAL ACCOUNT AS ON 31.03.2023 Schedule A
PARTICULARS AMOUNT PARTICULARS AMOUNT
(Rs.) (Rs.)
To Drawings 11,00,000.00 By Opening Balance b/d 19,01,290.00
BY Addition -
By Profit & Loss A/c 10,52,778.00
To Trfd to Balance Sheet 18,54,068.00
Total 29,54,068.00 Total 29,54,068.00
AUDITOR'S REPORT
For M/s HIMANI MUNJAL & ASSOCIATES
Chartered Accountant
Schedule B
M/s KAGAZ KREATIONS
SECTOR 3, PLOT NO 209, G.T.ROAD, INDUSTRIAL ESTATE, Karnal, Haryana, 132001
DEPRECIATION FOR THE YEAR ENDED 31st MARCH, 2023
S.No Account Rate (%) Op. Bal. Add. Ist Half Add. IInd Half Sold/Removed Final Value Depreciation w.d.v.
1 Car A/c 15.00 % 3,46,800.00 3,46,800.00 52,020.00 2,94,780.00
2 Mobile Phone 15.00 % 39,809.75 2,000.00 41,809.75 6,271.46 35,538.29
3 Motor Cycle 15.00 % 64,637.44 64,637.44 9,695.62 54,941.83
4 Computer 60.00 % 2,726.40 2,726.40 1,635.84 1,090.56
5 CCTV Cameras 15.00 % 6,701.91 4,000.00 10,701.91 1,605.29 9,096.62
6 Furniture & Fixtures 10.00 % 72,527.40 72,527.40 7,252.74 65,274.66
7 Air Conditioners 15.00 % 36,202.67 36,202.67 5,430.40 30,772.27
8 Fans 15.00 % 3,389.97 3,389.97 508.50 2,881.47
9 LCD 15.00 % 5,318.32 8,000.00 13,318.32 1,997.75 11,320.57
Totals 5,78,113.86 14,000.00 - - 5,92,113.86 86,417.59 5,05,696.27
AUDITOR'S REPORT
In terms of our seprate report of even date annexed.
For M/s HIMANI MUNJAL & ASSOCIATES
Chartered Accountant
(HIMANI MUNJAL)
Schedule D
M/s KAGAZ KREATIONS
SECTOR 3, PLOT NO 209, G.T.ROAD, INDUSTRIAL ESTATE, Karnal, Haryana, 132001
SUNDRY CREDITORS
Account Amount(Rs)
UTTAM PLASTIC INDUSTRIES 23,580.00
ARIHANT SALES 65,200.00
PRATHAM FLEXO 23,500.00
SHIV PLASTIC INDUSTRIES 36,580.00
B.H PLASTIC INDUSTRIES 56,000.00
AK PLASTIC INDUSTRIES 32,560.00
SREE MATHA INDUSTRIES 32,550.00
MONGA PLASTIC INDUSTRIES 63,580.00
SHIV SHAKTTI PLASTIC INDUSTRIES 45,220.00
MEHTA STEELS 56,820.00
AJAY OIL INDUSTRIES 38,950.00
Totals 4,74,540.00
AUDITOR'S REPORT
In terms of our seprate report of even date annexed.
For M/s HIMANI MUNJAL & ASSOCIATES
Chartered Accountant
(HIMANI MUNJAL)
Schedule E
M/s KAGAZ KREATIONS
SECTOR 3, PLOT NO 209, G.T.ROAD, INDUSTRIAL ESTATE, Karnal, Haryana, 132001
SUNDRY DEBTORS
Account Amount(Rs)
KUMAR BROTHERS 68,920.00
JAI MAA PLASTIC 79,560.00
NAAZ PLASTIC STORE 89,550.00
RADHIKA INDUSTRIES 66,500.00
KARAN PLASTIC 65,820.00
BHAGWATI PLASTIC 45,230.00
BANSAL PLASTIC 92,000.00
SINGHAL PLASTIC 45,600.00
KRISHNA POLYPLAST 62,300.00
ELITE PLASTIC INDUSTRIES 56,420.00
SHAKTI PLASTIC INDUSTRIES 56,900.00
Totals 7,28,800.00
AUDITOR'S REPORT
In terms of our seprate report of even date annexed.
For M/s HIMANI MUNJAL & ASSOCIATES
Chartered Accountant
(HIMANI MUNJAL)
