Projected Balance Sheet of M/s Clean Energies Pvt.

Ltd
For the period 01.04.2014 to 31.03.2015
Particulars

Note No.

Figures as at the end of current

reporting period

Figures as at the
end of previous
reporting period

1,271,955.00

Nil

14,000,000.00

Nil

3
4

264,600.00
1,700,000.00
17,236,555.00

Nil
Nil
Nil

11,826,925.00

Nil

6
7

525,000.00
4,884,630.00
17,236,555.00

Nil
Nil
Nil

I. Equity and Liabilities

(1) Owner's Funds (Equity)
(2) Non - current Liabilities
(a) Long term borrowings
(3) Current Liabilities
a) Trade Payables
b ) Other current liabilities
Total
II. Assets
(1) Non - current assets
(a) Fixed assets
Tangible Assets
(2) Current assets
a ) Trade receivables
b) Cash and cash equivalents
Total

Notes to accounts
Note no.
1

Particulars
Owner's Funds
Particulars
Owner's contribution
Reserves & surplus

Amount

Amount
6,000,000.00
-4,728,045.00

TotaL
2

Long term borrowings

Particulars
Venture capital @ 10%
Government loan @ 13.75%

Amount
6,000,000.00
8,000,000.00
14,000,000.00

Trade payables
Particulars
Salary Payable
Audit fees payable

Amount
84600.00
180,000.00
264,600.00

Other current liabilities

Particulars
Interest payable to venture cap.
Interest payable on govt. loan for 12 Months

1,271,955.00

Tangible assets
Particulars
Land
Building
Furniture & Fixture
Office equipment
Vehicles
Plant
Generator
Machinary
Cylinder
Computer & other appliances

Amount
600,000.00
1,100,000.00
1,700,000.00

Gross block
Rate of Dep. Depriciation
Net Block
2060950.00
2060950.00
765000.00
10%
76500.00
688500.00
90000.00
15%
13500.00
76500.00
68000.00
15%
10200.00
57800.00
535500.00
15%
80325.00
455175.00
1360000.00
15%
204000.00
1156000.00
1000000.00
15%
150000.00
850000.00
2520000.00
15%
378000.00
2142000.00
5000000.00
15%
750000.00
4250000.00
150000.00
40%
60000.00
90000.00
13549450.00
1722525.00
11826925.00

Trade receivables
Particulars
Total

Amount
525,000.00
525,000.00

Total

Amount
4,773,030.00
111,600.00
4,884,630.00

Debtors

Cash & cash equivalents

Particulars
Cash at bank
Cash in hand

Projected Income Statement of M/s Clean Energies Pvt. Ltd. For the period 01.04.2014 to 31.03.2015
Sales:Electricity (500000*3)
Biogass(15000*25)

1,500,000.00
375,000.00

Total Income

1,875,000.00

Direct Expenses:Expenses on Waste Collection

Cost of Transportation
Generator Expenses

250,000.00
96,000.00
539,835.00

(Increase)/Decrease in stock
Indirect Expenses:Audit Fee
Staff Salary
Managerial Remuneration
Staff Welfare Expenses
Training Cost
Bank Charges
Stationery expenses
Office expenses
legal Fees including License fees
Internet bill

180,000.00
564,000.00
360,000.00
115,500.00
250,000.00
55,785.00
27,875.00
307,525.00
410,000.00
24,000.00

Total Expenses

3,180,520.00

EBIT

(1,305,520.00)

Depreciation
EBITDA
Interest Expenses
Net Profit

1,722,525.00
(3,028,045.00)
1,700,000.00
(4,728,045.00)

Cash in Hand
Receipts
Cash sales

Amount
Payment
562,500.00 Office expenses
Stationery Expenses
Staff welfare expenses
Closing Balance
562500.00

Particulars
Capital
Loan Receipts
Receipts From debtors

Amount
6000000.00
14000000.00
787500.00

20787500.00

Cash at Bank
Particulars
Direct Expenses Paid
Purchase of Fixed Assets
Bank Charges
Internet Bill
Training centre
Staff Salary
Managerial Remuneration
Legal & License Fees
Closing Balance

2354334

Projected Balance Sheet of M/s Clean Energies Pvt. Ltd

For the period 01.04.2015 to 31.03.2016
Particulars

Note No.

Figures as at the end of current Figures as at the end of

I. Equity and Liabilities

(1) Owner's Funds (Equity)
(2) Non - current Liabilities
(a) Long term borrowings
(3) Current Liabilities
a) Trade Payables
b ) Other current liabilities

-1,778,853.25

1271955

14,000,000.00

14000000.00

3
4

290,000.00
1,700,000.00
14,211,146.75

264600.00
1700000.00
17,236,555.00

10,373,953.75

11826925.00

7
8

1,125,000.00
2,712,193.00
14,211,146.75

525000.00
4884630.00
17,236,555.00

Total
II. Assets
(1) Non - current assets
(a) Fixed assets
Tangible Assets
(2) Current assets
a ) Trade receivables
b) Cash and cash equivalents
Total

0.00

Notes to accounts
Note no.
1

Particulars

Amount

Owner's Funds
Particulars
Owner's contribution
Reserves & surplus
TotaL

Long term borrowings

Particulars
Venture capital @ 10%
Government loan @ 13.75%

Trade payables
Particulars
Salary Payable
Audit fees payable

Amount
6,000,000.00
-7,778,853.25
-1,778,853.25

Amount
6,000,000.00
8,000,000.00
14,000,000.00

Amount
90000.00
200,000.00
290,000.00

Other current liabilities

Particulars
Interest payable to venture cap.
Interest payable on govt. loan for 12 Months

Amount
600,000.00
1,100,000.00
1,700,000.00

Tangible assets
Particulars
Land
Building
Furniture & Fixture
Office equipment
Vehicles
Plant
Generator
Machinary
Empty Cylinder
Computer & other appliances

Gross block
Rate of Dep. Depriciation
Net Block
2060950.00
2060950.00
688500.00
10%
68850.00
619650.00
76500.00
15%
11475.00
65025.00
57800.00
15%
8670.00
49130.00
455175.00
15%
68276.25
386898.75
1156000.00
15%
173400.00
982600.00
850000.00
15%
127500.00
722500.00
2142000.00
15%
321300.00
1820700.00
4250000.00
15%
637500.00
3612500.00
90000.00
40%
36000.00
54000.00
11826925.00
1452971.25 10373953.75

Trade receivables
Particulars
Total

Amount
1,125,000.00
1,125,000.00

Total

Amount
2,508,968.00
203,225.00
2,712,193.00

Debtors

Cash & cash equivalents

Particulars
Cash at bank
Cash in hand

Projected Income Statement of M/s Clean Energies Pvt. Ltd. For the period 01.04.2015 to 31.03.2016
Sales:Electricity (700000*4)
Biogass(18000*25)

2,800,000.00
450,000.00

Total Income

3,250,000.00

Direct Expenses:Expenses on Waste Collection

Cost of Transportation
Generator Expenses

600,000.00
115,200.00
371,952.00

Indirect Expenses:Audit Fee

Staff Salary
Managerial Remuneration
Staff Welfare Expenses

200,000.00
630,000.00
400,000.00
125,500.00

Bank Charges
Stationery expenses
Office expenses
legal Fees
Internet bill

60,785.00
32,875.00
377,525.00
210,000.00
24,000.00

Total Expenses

3,147,837.00

Cash in Hand
Receipts
Opening balance
Cash sales

Amount
Payment
111,600.00 Stationery Expenses
250,000.00 Staff welfare expenses
Closing Balance

361600.00

Particulars
Opening Balance
Receips from Debtors

Amount
4773030.00

Cash at Bank
Particulars

Direct Expenses Paid

2400000.00 Office expenses
Bank Charges
Internet Bill
Audit fees paid
Interest Paid
Staff Salary
Managerial Remuneration
Legal Fees
Closing Balance
7173030.00

EBIT
Depreciation
EBITDA
Interest Expenses
Net Profit

102,163.00
1,452,971.25
(1,350,808.25)
1,700,000.00
(3,050,808.25)

4664062.00
2508968.00

Projected Balance Sheet of M/s Clean Energies Pvt. Ltd

For the period 01.04.2016 to 31.03.2017
Particulars

Note No.

Figures as at the end of

Figures as at the end of

-1,770,074.31

-1778853.25

14,000,000.00

14000000.00

3
4

355,000.00
1,700,000.00
14,284,925.69

290000.00
1700000.00
14,211,146.75

9,144,485.69

10373953.75

7
8

3,323,100.00
1,817,340.00
14,284,925.69

1125000.00
2712193.00
14,211,146.75

I. Equity and Liabilities

(1) Owner's Funds (Equity)
(2) Non - current Liabilities
(a) Long term borrowings
(3) Current Liabilities
a) Trade Payables
b ) Other current liabilities
Total
II. Assets
(1) Non - current assets
(a) Fixed assets
(a) Fixed assets
(2) Current assets
a ) Trade receivables
b) Cash and cash equivalents
Total

0.00

Notes to accounts
Note no.
1

Particulars

Amount

Owner's Funds
Particulars
Owner's contribution
Reserves & surplus
TotaL

Long term borrowings

Particulars
Venture capital @ 10%
Government loan @ 13.75%

Trade payables
Particulars
Salary Payable
Audit fees payable

Amount
6,000,000.00
-7,770,074.31
-1,770,074.31

Amount
6,000,000.00
8,000,000.00
14,000,000.00

Amount
150000.00
205,000.00
355,000.00

Other current liabilities

Particulars
Interest payable to venture cap.
Interest payable on govt. loan for 12 Months

Amount
600,000.00
1,100,000.00
1,700,000.00

Tangible assets
Particulars
Land
Building
Furniture & Fixture
Office equipment
Vehicles
Plant
Generator
Machinary
Empty Cylinder
Computer & other appliances

Gross block
Rate of Dep.Depriciation
Net Block
2060950.00
2060950.00
619650.00
10%
61965.00
557685.00
65025.00
15%
9753.75
55271.25
49130.00
15%
7369.50
41760.50
386898.75
15%
58034.81
328863.94
982600.00
15%
147390.00
835210.00
722500.00
15%
108375.00
614125.00
1820700.00
15%
273105.00
1547595.00
3612500.00
15%
541875.00
3070625.00
54000.00
40%
21600.00
32400.00
10373953.75
1229468.06
9144485.69

Trade receivables
Particulars
Total

Amount
3,323,100.00
3,323,100.00

Total

Amount
1,257,890.00
559,450.00
1,817,340.00

Debtors

Cash & cash equivalents

Particulars
Cash at bank
Cash in hand

Projected Income Statement of M/s Clean Energies Pvt. Ltd. For the period 01.04.2016 to 31.03.2017
Sales:Electricity (1500000*4)
Biogass(21000*27)

6,000,000.00
567,000.00

Total Income

6,567,000.00

Direct Expenses:Expenses on Waste Collection

Cost of Transportation
Generator Expenses

1,493,650.00

775,000.00
275,175.00
443,475.00

Indirect Expenses:Audit Fee

Staff Salary
Managerial Remuneration
Staff Welfare Expenses

205,000.00
625,000.00
450,000.00
125,000.00

Bank Charges
Stationery expenses
Office expenses
legal Fees
Internet bill

75,543.00
43,775.00
405,785.00
165,000.00
40,000.00

Total Expenses

3,628,753.00

EBIT

2,938,247.00

Depreciation
EBITDA
Interest Expenses
Net Profit

Receipts
Opening balance
Cash sales

1,229,468.06
1,708,778.94
1,700,000.00
8,778.94

Amount
Payment
203,225.00
525,000.00

Amount
43,775.00
125,000.00
559,450.00

728225.00

728225.00

Cash at Bank
Particulars
Opening Balance

Amount Particulars
2508968.00

Receips from Debtors

3843900.00

6352868.00

Amount
1493650.00
405785.00
75543.00
40000.00
200000.00
1700000.00
565000.00
450000.00
165000.00
1257890.00
6352868.00

6,042,000.00
238,984.00
1,493,650.00

2,718,900.00
3,323,100.00