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PRA6ATI A6RAWAL &. ASSOCIATES CHARTERED ACCOUNTANTS Vaidehi Nagar Colony, Sahabganj, Faizabad-224001 (U.P) Mobile No. 0 9452011789 E mai l:cap raga.tiagrawal@gmaiLcom REPORT I, have examined the annexed Balance Sheet, Receipts & Payment Account and Income & Expenditure Account for the y~ar ended 31.03.2018 ofM/s Nagar Nigam Ayodhya, Faizabad-224001 (U.P), as per information's & explanations furnished before me, by the 1'.fanagement of the society. I have obtained all the information and explanations, which to the best of my knowledge and belief are necessary for the purposes of the audit 1n my opinion, proper books of accounts have been kept by the Society, so far as it appeat5 from my examination of the books, subject to the comments given below: 1) The two entities which were formerly carrying their operations in th,e name of "Nagar Palika Parishad Faizabad" and <'Nagar Palika Parishad, Ayodhya" have been merged and centralized as one unit viz. Nagar Nigam Ayodhya (U. P) dated 10.05.2018 and hence the financial statements for the year 2018, have been prepared by clubbing the receipts & payment, income & expenditure and assets and ~abilities of both the formerly existing entities (i.e Nagar Palika Parishad & Nagar Palika P:arishad-Ayodhya). 2) Cash in hand appearing m the Balance Sheet as on 31.03.2018 1s taken as certified by the Management. 3) Balanct'!s of all bank accounts are subject to confirtnation & reconciliation. 4) Balances of Sundry Creditors, D ebtors, Loans & Advances, & all Provisions (IDS, VAT, Royalty, Cess Payables) are subject to confirmation and reconciliation. 5) Previous Year figures have been regrouped or rearranged wherever necessary. 6) The Society has adopted cash system of accounting. No proper method for valuation of closing Stock has been followed, so far as it appears from the books of accounts audited from my end. 7) The society is deducting TDS on payments made from its end on uniform basis, without considering the rates as laid down in Income Tax Ace 1961. Similarly no logical basis has been followed while considering the payment of royalty and Cess. 8) Balances of Vat and TDS payable$ are reflected in the financial statements have not been PRA6:ATI AGRAWAL & ASSOCIATES CHARTERED ACCOUNTANTS Vaidehi Nagar Colony, Sahabganj, Faizabad-224001 (U.P) Mobile No. 09452011789 Email:capragatiagrawal@;gmaiLcom 9) No proper .information. has been received from the end of the management regarding amount of Rs. 2,30,000/-(Rupees Two Lakh thirty thousand only) credited in the bank account of the society. Hence the same has been reported under the head "Other Liabilities" in the financial statements of the Society. 10) These financial statements are the responsibility of the management of the Society. My responsibility is to express an opinion on these financial statements based on my audit. In my opinion and to the best of my information, and according to .information given to me, the said accounts give a true and fair view- (i) in the case of the balance sheet, of the state of affairs of the above named Society as at 31/03/2018,and (ii) in the case of the Income & E xpenditure account, of the excess of Income over Expenditure ofits accounting year ending on 31/03/2018. (Pr·~~ .a@~ Proprie. M.No: 427523 Place:Faizabad Dated: 10/06/2019. 'I'- - NAGAR NIGAM AYODHYA Balance Sheet as on 31.03.2018 Current Year Previous Year -fC:ode No. Item I Head of Account Form No. Amount Amount 31.03.2018 09.05.2017 1 2 3 4 5 LIABILITIES Reserve & Surplus 3-10 Capital Fund 908,422,636.13 908,422,636.1 3 3-11 New Bank Introduced 10,654,344.21 3-12 Surplus 136,780,933.66 Total Reserves & Surplus 1,055,857,914.00 908,422,63'6.13 Grants , Contributions for Specific Purposes , 3-20 Loan Annexure -1 38,057,004.00 16,920,485.00 3-30 Secured Loans 3-31 Unsecured Loans Toal Loans 38,057,004.00 16,920,485.00 Current Liabilities & Provisions 3-40 Deposit Received 3-41 Deposit Work 3-50 Other Liabilities ( Sundry Creditors ) Form -29 3,661,587.95 2,009,819.00 3-60 Provisions Total Current Liabilities & Provisions 3,661 ,587.95 2,009,819.00 Total Liabilities & Provisions 1,097,576,505.95 927,352,940.1 3 ASSETS Fixed Assets Form-A 4-10 Gross Block 644,906,071 .00 601 ,933,367.00 4-11 Less : Depreciation 10,405,078.00 Net Block 634,500,993.00 601,933,367.00 4 -12 Capital Work In Progress Form -9 Tota.I Fixed Assets 634,500,993.00 601,933,367 .oo Investments Form -16 4-20 lnvestr1ent- General Fund Investment -Other Fund Total Investment Current Assets , Loans & Advances 4-30 Stock in Hand ( Inventories ) Form -23 A 13,559,269.00 4-31 Stock Debtors ( Receivables Form -21 4-32 Less: ( Accumulated Prov. Against Debts) 4-40 Prepaid Expenses 4-50 Cash & Bank Bala Form 17A & 18 454,936,512.95 303,972,304.13 4-60 Advance To Jal 7,888,000.00 4-61 Less : Accumul t Loans 325,419,573.13 4-70 Other Assets 4-80 Miscellaneous Exp. ( to the extent not written off) TOTAL ASSETS 1,097,576,505.95 927,352,940.13 Note : - The Balance Sheet has been compiled as per information & Explanation Provided - The above financial statement has been compiled as per books of accounts & other records produced before me. Compiled By: - AJlT JAlSWAL& ASSOCIATES M.NO.: M.No. : 427523 FOR AND BEHALF OF NAGAR PALIKA PARISHAO, FAIZABAD ~~Sv-~ \ af"~g'.a~~a ajrJTc. @rrr'= ¥ ~ • NAGAR NIGAM AYODHYA ..,____ RECEIPT & PAYM ENT ACCOUNT FOR THE PERIOD FROM 10.05.2017 TO 31 .03.2018 1 Code No. Item I Head of Account Amount ( Rs.) Amount ( Rs.) 1 2 4 5 ( A ) RECEIVE : Opening Bala nee of Cash & Bank Cash 1,365,048.13 Bank 302,607,256.00 303,972,304.13 1. PROPERTY TAX RECEVIED House Tax 10,575,151 .00 Water Tax 9,727,214.00 20,302,365.00 GRANT RECEIVED 2. 2 % Stamp 18,713,329.00 Grant Received From Central Govt. 118,254,508 00 Grant Received From Development N1dh1 348,133,582.00 485,101,419.00 3 rNTEREST RECEIVED Ale No. 796 3,153,053.00 Ale No. 1195/737 24,009.00 Ale No. 1196/738 3,485.00 Ale No. 12385 30,403.00 Ale No. 359 1,780,405.00 Ale No. 420/749 7,714.00 Ale No. 605 65,719.00 Ale No. 721 44,643 00 Ale No. 746/41 7 986.00 Ale No. 747/418 60,977.00 Ale No. 748 /419 58,649.00 Ale No. 132 490,855.00 Ale No. 3042 12,752.00 lndusind Bank Ale No. 4690 527,671 .00 Axis Bank 31,660.00 CBI Ale No. 5544 61,963.00 CBI Ale No. 5533 209,017.00 Dena Bank Ale No. 4034 21 ,367.00 Dena Bank Ale No. 753 48,999.00 PNB Ale No. 52534 1,558,71 2.00 PNB Ale No. 39 123 365,662.30 Sbi Ale No. 75497 172,6 76.00 Ale No. 6540 152,6 36.00 8,884,213.30 4 OTHER INCOME Rent Received 1,335,263.50 Advertisement Receipt 154,099.00 Licence., Fees 71,117.00 Misc Income 79,163.00 Nakai Shulk 82,733.00 Namantaran Shulk 909,280.00 24,950.00 ' 20,000.00 - ---- - " Receipt For Samooh1k Vivah )6.536 00 •• Registration / Birth /Deth Certificate 11 :!,403.00 • Road Cutting Charges 1.330,435,00 Income From Ram Katha Park 30.000.00 • RT I Fees I .930.00 • Sandhi Shulk 9,795.00 Surcharge Received 426,891.00 • Tank Cleaning Charges 196,900.00 • Tender Form Fees 8,990.00 Tree Auction Fees 21.000.00 Water Connection Fees / Jal Sanyojan Fees 141 ,033.00 Water Tanker Fees 1,257,067.00 Atikraman Abhiyan Receipt 615,700.00 Jangadna Receipt 81,000.00 Nirvachan Booth Prabandhan Receipt 25,496.00 • Yatri Kar 5,473,887.00 • Parking Charges rraxi Stand Charges 18,158,506.00 31,206,174.50 • Increase in Capital ( New Bank Introduced ) 10,654,344.21 Grant Receive From Amrit Yojna Scheme 7,899,000.00 Increase in Swach Bharat Scheme Fund 13,237,519.00 Increase in Security During the Period 1,696,145.95 TOTAL RECEIVE ( INCLUDING OPENING BALANCE) 882,953,485.09 ( 8 ) PAYMENT 1 REPAIR & MAINTENANCE Generator Repair & Maintenance 4,033.00 Hand Pump Repair & Maintenance 57,849.00 Nali Repair & Maintenance 528,726.00 Nalkoop Repair & Maintenance 3,926,187.00 Motor Repairing 62,875.00 Building Repair & Maintenance 4,887,892.00 Electrical Repair & Maintenance 66,484.00 Misc Repair & Maintenance 783,226.00 Road Repair & Maintenance 439,124.00 Sauchalaya Repair 178,589.00 Tubewell Motor Repair 96,988.00 Computer Repair & Maintenance 28,560.00 Repair & Maintenance- Boundry Waal 95,290.00 Vehicle Repair & Maintenance 1,290,865.00 12,446,688.00 2 SALARY OF STAFF Salary -Jalkal Vibhag 24,962,673.00 Salary - Pradhan Karyalaya 13,272,120.00 Salary -Prakash Vibhag 5,672,270.00 • Salary -PWO Vibhag 18,436,899.00 • Salary -Swasthya V 87,807,086.00 .S' Salary-Tax Vibh f2 17112\610.00 • 'Bonus 5,352,852.00 2 6 ,8::>0,007 . ::>Ci •- Driver Salary • Leave incashment 9,626,016.00 Medical Reimbursement 111 ,839.00 Pension 38,107,430.00 Arrear 120,299.00 Sundry Allownance 231 ,448.00 T.D.S.

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