-------------------------------DEFENCE SERVICES OFFICERS INSTITUTE BALANCE SHEET AS AT March 31,2019 PARTICUlARS Schedule No. SOURCES OF FUNDS Corpus Fund II Reserves and Surplus 1 III Membership Money 2 IV LOAN FUNDS Secured Loans Unsecured Loans APPLICATION OF FUNDS V FIXED ASSETS 3 Opening WDVand Additions Less: Depreciation for the year VI INVESTMENTS 4 VII CURRENT ASSETS, LOANS and APVANCES Inventories 5 Cash and Bank Balances 6 Sundry Debtors 7 Loans and Advances 8 Other Current Assets 9 VIII CURRENT LIABILITIES and PROVISIONS Current Liabilities 10 Provisions 11 NET CURRENT ASSETS IX SIGNIFICANT ACCOUNTING POLICIES and NOTES TO THE 20 ACCOUNTS This is the Balance Sheet referred to in our report of even date FOR KARAN SAHNI AND ASSOCIATES FOR MIS DEFENCE SERVICES OFFICERS INSTITUTE Chartered Accountants CA. KARAN SAHNI Lt. Col. fti Grewal (Retd.) ~. Pararnjit Singh (Reid.) Proprietor Vice -Chairman Secretary Membership No. 508991 Place: Chandigarh Dace: February 13, 2020 UDIN: <0508991AAAAAL1135 • ----------- DEFENCE SERVICES OFFICERS INSTITUTE PROFIT & LOSS ACCOUNT FORTHE YEAR ENDED ON MARCH 31,2019 For the Year ended on PARTICULARS Schedule No. ~ March 31, 2019 INCOME ~ Revenues 12 '{ 2,93,60,871.82 Other Income 13 r,'t: , ,;",,88,98,861.57 Ii,' i , '{ 3,82,59,733.39 '{ ,,3,82,59,733.39 II EXPENDITURE Trade and Other Purchases '{ 60,85,246.70 Decrease in Stock of Goods 14 '{ 7,16,251.00 '{ Staff Costs 15 f! , ?6,16,403.83 Administrative Expenses 16 ~ i .\,,,,;56,57,341.94 Selling and Marketing Expenses 17 '{ , . '. N 2,44,054.00 e, Freight and Cartage Expenses 18 '{ 13,070.00 Interest and Financial Charges 19 '{ 19,693.89 Depreciation and Amortization 3 '{ 49,09,312.00 ,f I'{ ~,.!I. 2,12,61,373.36 PROFIT BEFORE TAX [PDT] 't 1,09,98,360.03 PROVISION FOR TAX '{ \\l" - , ~01' . PROFIT AFTER TAX '{ 1,09,98,360.03 PROFIT / (LOSS) BROUGHT FORWARD '{ - '{ 1,09,98,360.03 TRANSFER TO RESERVES '{ 1,09,98,360.03 ." ,.' " PROFIT TRANSFERRED TO THE CAPITAL ACCOUNT '{ :i 'SC - j ~'" ,"' ~'ti;ir 1't -.I. SIGNIFICANT ACCOUNTING POLICIES and NOTES TO THE ACCOUNTS 20 ,;!,! Ill.. ,,-,,:~, ~•.. This IS the Profit and Loss Account referred to in our report of even date FOR KARAN SAHNI AND ASSOCIATES FOR MIS DEFENCE SERVICES OFFICERS INSTITUTE Chartered Accountants \L~__~o Lt. Col.t,6 Grewal (Retd. f --:-:--::-:-::----;6--:':"":::---;:-;:::-:-:7 Vice -Chairman ,I ------------- OEFENCE SERVICES OFFICERS INSTITUTE -;.. SCHEDULES ANNEXED TO AND FORMING PART OF THE ACCOUNTS As at March 31, 2019 ISCHEDULE NO. t - Reserve and surplusl Reserves & Surplus Opening Balance '{ 7,97,22,993.00 Net Profit during the Year ~ 1,09,98,360.03 Closing Balance at the end of year '{ 9,07,21,353.03 'SCHEDULE" NO. 2 Reserve and" surPlusl As Certified by the Management Sr. No. Particulars No. or Members Full/Half Membership Fees " Life Member 24 10,000.00 ~ 2,40,000.00 2 Life Member 1 25,000.00 ~ 25,000.00 3 Permanent Member 1420 F 2,000.00 '{ 28,40,000.00 4 Permanent Member 600 F 5,000.00 30,00,000.00 5 Permanent Member 39 H 2,500.00 6 Permanent Member 76 F 8,000.00 7 Permanent Member 8 H 4,000.00 a Permanent Member 42 F 10,000.00 9 Permanent Member 3 H 5,000.00 15,000.00 10 Permanent Member 1542 F 5,000.00 11 Permanent Member 38 H 2,500.00 95,000.00 12 Permanent Member 403 F 10,000.00 13 Permanent Member 20 H 5,000.00 14 Re-admission Fee 4 500.00 Total ISCHEDULE NO. 4 - INVESTMENTS I '7' .~". Sweep In Fixed Deposit Including Accrued Interest II " > '" HDFC Bank '{ 01\ 33,77,574.28 ;t State Bank of India '{ 20,78,517.00 Fixed Deposits: HDFCBank ~ 3,05:00,000.00 Axis Bank le~ 3,88,36,277.00 ICICIBank I\'{ 2,45,00,000.00 Punjab National Bank '{ 50,00,000.00 " II, ,'J;. Accrued Interest on Fixed Deposits ~ 39,9q~947.00 , " ~. ,'" '{" iil'--- 10,82;~8,315.28 SERVICES OFFICERS INSIHUTE --------------------------------------------------~---------------------------------- ••• ~------------DEFENCE SCHEDULES ANNEXED TO AND FORMING PART OFTIIE ACCOUNTS Schedule No.3· Depreciation Schedule for the Year Ended on March 31. 2019 Additions Depreciation April Balance as on WDVason March 1).lrllcui;lrs Rate I WDVason I Deletions Ot,2018 I March 31, 2019 , 31,2019 IMore than 180 Days Less Than 180 Days I Total . Normal 50% Total ._--- 1----- I I I ----- LANDANDIJUILDING ! ! i I I - Land 0% '{ 32,96,178.00 I'{ '{ I '{ '{ - ! '{ 32,96,17B.00 '{ - '{ '{ '{ 32,96,178.00 I ! - Building 10% '{ 2,87,27,157.00 '{ 22,62,623.00 22,62,623.00 '{ - ! '{ 3,09,89,780.00 '{ 28,72,716.00 '{ 1,13,131.00 ~ 29,85,847.00 '{ 2,80,03,933.00 I'{ I'{ I I I FURNITUREANDFIXTURES I I I I - Furniture and Fixtures 10% '{ 58,31,989.00 I '{ 88,024.98 '{ 3,43,796.61 I '{ 4,31,821.59 '{ '{ 62,63,810.59 '{ 5,92,001.00 '{ 17,190.00 '{ 6,09,191.00 '{ 56,54,619.59 I ! I I I PLANTANDMACHINERY I I I I - Plant and Machinery 15% '{ 78,34,072.00 '{ 2,61,446.00 '{ 4,37,192.82 I '{ 6,98,638.82 '{ 6,779.66 '{ B5,25,931.16 '{ 12,13,311.00 '{ 32,789.00 '{ 12,46,100.00 '{ 72,79,B31.16 • Books 40% '{ 14,346.00 '{ '{ '{ '{ '{ 14,346.00 '{ 5,738.00 '{ . ~ 5,738.00 '{ 8,608.00 · Computer 40% '{ 1,07,374.00 I '{ 26,000.00 '{ 41,400.00 '{ 67,400.00 '{ '{ 1,74,774.00 '{ 53,350.00 '{ 8,280.00 '{ 61,630.00 '{ 1,13,144.00 I • Solar System 40% '{ 2,016.00 '{ '{ I '{ '{ . '{ 2,016.00 '{ 806.00 '{ '{ 806.00 '{ 1,210.00 '{ 4,58,13,132.00 t 3,75,470.98 t 30,85,012.43 1 t 34,60,483.41 t 6,779.661 '{ 4,92,66,835.75 t 47,37,922.00 t 1,71,390.00 t 49,09,312.00 t 4,43,57,523.75 I 1~'~' M~\ANDA '1:(-'<' '0'0> . 0 0 - <- (l - (;I CHARTERED :P ) ~ ACCOUNTANTS jj} , ,~ * \ 9i-'lNDIG~ I J ~ ~ 0 '10. 0 0 -----------------------------DEFENCE SERVICES OFFICERS INSTITUTE SCHEDULES ANNEXED TOAND FORMING PART OF TIlE ACCOUNTS As at March 31. 2019 < . ISCHEDULE NO. 5 - INVENTORIESI [As Taken. Valued and Certified by the Management] 't "" 8.28,468.00 '" 't 8.28.468.00 ISCHEDULE NO. 6 - CASH & BANK BALANCES I CASH IN HAND 't 1.65.442.00 , CASH AT BANK ~!'1 H* " Axis Bank Ltd. - 917010056933268 f~ 4.25.191.00 HDFC Bank - 50100148109918 't 24.62.266.2a ICICI Bank 't 2.33.973.00 IDBI Bank Account 't ~ '1.03.570.00 State Bank Of India (Attawa) 't 28.58.470.21 State Bank Of India (Sector-37) 't 3,42.812.00 Pilfered Cash '{ 5.41.220.00 't _. .;'J7J.32.944.49 ISCHEDULE NO. 7 - Sundry Debtorsl Amount Outstanding from Members '{ 3.144.20 't 3.144.20 ' .. " ..-. ISCHEDULE NO. 8 - Loans and Advancesl Advance For Gazebo/Extended Gazebo Rentals 950.00 't III Excess GST Input Tax Credit 't 3.08,42t38 ~ 't .~ 3.09.377.38 " •• --------------------------------DEFENCE SI:RVICES OFFICERS INSTITUTE SCHED ULES ANNEXED TO AND FORMING PART OF THE ACCOUNTS • As at March 31, 2019 ISCHEDULE NO. 9 OTHER CURRENT ASSETS I Income Tax Refund '{ 93,859.00 ill , Security Deposits: ~; Electrtcity '{ 10,833.00 Telephone '{ 16,000.00 Deep Freezer '{ 10,000.00 '{ Cheques Received Pending for Clearance Q 2,98,978.00 Jf Prepaid Expenses l ~ 23,021.37 ? 4,52,691.37 I L~ .." ISCHEDULE NO. 10 • CURRENT LIABILTIESI SUNDRY CREDITORS Apurva Design & Advertising (OPC) Pvt. Ltd. Chandigarh Bottling Company Chiranji Lal Gupta & Sons (P) Ltd C K Enterprises CSD Canteen HQ West Comd. '{ 56.167.92", . Ff'" . Cybrain Solutions l 3,45,054.00,1 il:I ,~ Dua Photos l 5,000.00 ~ ~ Guru Nanak Light Tent Service 30,467.00 I~ G W,~, .j, Handa Agencies 34,769.63' Ii " - Kataria Confectioners l , o. 5,544.081 Mk Refrigeration '{ 12,035.00 • '''......:..! Mohini Security Agency '{ 5,44,654.00 Bds Decor & Prefab (P) Ltd. '{ ~. 1,76,323·°2 Best Price tl 118.00 Deep Light & Sound DJ System [l 4,950.00 Dreamheight Homes Pvt. Ltd. '{ , . ~O,OOO.OO ., •• Kaim Hospitality Tours & Travels Pvt Ltd. ~ 18,55,558.00 '{ Lot International e, 1,35,645.00 Sai Creations ~l !II jW 'i!, 1'.1, ,l,50,gOO.00 , Vee Emm Pest Control '{ '" 26,910.00 D. Olive Green Manpower Solutions Pvt Ltd. '{ 98,921;00 '~'i' ;, Payment From Members (Incomplete Details) '{ ~ , 7,262.00~" Royal Power Solutions (Zirakpur) l , 4,760.00" ,\ Sandeep News Agency '{ " ,',' 2,332.00 Sanjeev Trikha- Legal Consultant '{ II 20,500.00 Sunil Sardana [Epf/Esi Consultant) '{ 12,000.00 .,.. '*! ~ •.. ! l 36,46,876.71 Contd. ---- DEFENCE SERVICES OFFICERS INSTITUTE SCHEDULES ANNEXED TOAND FORMING PART OF THE ACCOUNTS -"' As at March 31, 2019 ADVANCES RECEIVED Advance For Bana Rentals 22,305.00 Advance For Kitty Party Rentals [Arjan/Sarn] 3,335.00 Advance For Marriage Area Rental 57,550.00 Advance For Umrao B/Hall Rentals 42,300.00 Advance For Vatika Lawn Rentals 31,115.00 Advance Sponsorship Received 1,31.101.00 i Advance For Vikrant Party Rentals ~ 7,553.50 '{ 2,95,259.50 STATUTORY DUES , .. TDS Payable ~ 46,783.00 CST Payable [Due But Not Paid] '{ 11.68,885.54 EPF Payable '{ 35,486.00 : ESI Payable '{ 10,358.00 I I~ a 12,01,512.54 Excess Received from Members 't 1,44,03,548.27 SECURITY FROM CONTRACTORS - J P Group '{ 2,50,000.00 Olive Green Manpower Solutions '{ 50,000.00 JM Manpower And Security 25000000, t Kaim Hospitality I~ 5.00,000.00 Mohini Security Agency '{ 2,50,000.00 Global Facilities '{ 35,534.00 Earnest Money '{ 25,000.00 I '{ 13,60,534.00 OTHERS ~ Coupons ~ 47,767.00 , .