Ajmair Traders

Balance Sheet
As At June 30, 2018

2018 2017 2018 2017

Capital & Liabilities Rs. Rs. Property & Assets Rs. Rs.

Capital 71,333,144 137,022,482 Fixed Assets 1 27,055,559 30,106,498

Profit for the Year 2,241,873 5,644,549
73,575,017 142,667,031
Drawings (23,550,000) (71,333,887)
50,025,017 71,333,144

CURRENT LIABILITIES CURRENT ASSETS 41 -

33 52
Bank Borrowings 500,000 - Stocks 8,101,243 -
Trade Creditors 257,020 352,102 Trade Debtors 7,009,015 29,586,241
Other Payables 6,239 13,652 Advances & Deposits 3,056,201 8,307,635
Cash & Bank Balance 5,566,258 3,698,524
763,259 365,754
23,732,717 41,592,400

1 1
50,788,276 71,698,898 50,788,276 71,698,898
 Ajmair Traders
Profit and Loss Account
For the Year Ended June 30, 2018

2018 2017
Rs. Rs.

Sales 78,526,214 208,235,201

Cost of sales 2 72,522,028 195,449,560

Gross Profit 6,004,186 12,785,641
7.65 6.14

Operating Expenses

Administrative & Selling 3 3,596,012 3,529,790

Financial 4 55,075 2,254,320
3,651,087 5,784,110

Net Profit before Tax 2,353,099 7,001,531

Taxation 111,226 1,356,982
Net Profit after Tax 2,241,873 5,644,549

2.85 2.71
 Ajmair Traders
Notes to the Accounts
For the Year Ended June 30, 2018

2018 2017
Rs. Rs.
1. Fixed Assets Schedule

2. Cost Of Sales

Opening Stock - 128,952,514

Purchases & Overheads 77,572,332 63,095,922
77,572,332 192,048,436
Closing Stock (8,101,243) -
69,471,089 192,048,436
Depreciation 3,050,939 3,401,124
72,522,028 195,449,560

3. Administrative and Selling

Salaries 1,849,500 1,678,297
Electricity 230,632 209,283
Travelling and Conveyance 328,004 297,641
Entertainment 116,521 105,735
Telephone 97,708 88,664
Printing and Stationery 88,190 80,026
Vehicle Running and Maintenance 418,101 379,399
Commission 127,305 382,172
Freight 30,350 27,541
Miscellaneous 309,701 281,032
3,596,012 3,529,790

4. Financial Charges
Bank Charges 55,075 2,254,320
55,075 2,254,320
 Ajmair Traders
Cash Flow statement
For the Year Ended June 30, 2018

2018 2017
Rs. Rs.

Cash Flows From Operating Activities

Profit for the year 2,241,873 5,644,549

Adjustment for
Depreciation 3,050,939 3,401,124
Operating Profit before Working Capital 5,292,812 9,045,673
Stock (8,101,243) 128,952,515
Trade Debtors 22,577,226 100,662,452
Advances & Deposits 5,251,434 11,999,996
Trade Creditors (95,082) (1,304,148)
Other Payables (7,413) (911,244)
24,917,734 248,445,244

Cash Flows From Investing Activities

Fixed Assets - -

Cash Flows From Financing Activities

Capital
Bank Borrowings 500,000 (200,988,767)
Drawings (23,550,000) (71,333,887)
(23,050,000) (272,322,654)

Opening Cash 3,698,524 27,575,935

Closing Cash 5,566,258 3,698,524
5,566,258 3,698,524
 Ajmair Traders
Fixed Assets Schedule
For the Year Ended June 30, 2012

2 PARTICULARS C O S T D E P R E C I A T I O N
Opening Addition Closing Rate Opening For the Closing BOOK
% Year VALUE

Plant & Machinery 48,259,862 - 48,259,862 10 - 4,825,986 4,825,986 43,433,876

Office Equipment 163,528 - 163,528 10 - 16,353 16,353 147,175

Furniture & Fixture 158,000 - 158,000 10 - 15,800 15,800 142,200

Vehicles 1,536,921 - 1,536,921 20 - 307,384 307,384 1,229,537

Total 50,118,311 - 50,118,311 - 5,165,523 5,165,523 44,952,788

Ajmair Traders
Fixed Assets Schedule
For the Year Ended June 30, 2013

2 PARTICULARS C O S T D E P R E C I A T I O N
Opening Addition Closing Rate Opening For the Closing BOOK
% Year VALUE

Plant & Machinery 48,259,862 - 48,259,862 10 4,825,986 4,343,388 9,169,374 39,090,488

Office Equipment 163,528 - 163,528 10 16,353 14,718 31,070 132,458

Furniture & Fixture 158,000 - 158,000 10 15,800 14,220 30,020 127,980

Vehicles 1,536,921 - 1,536,921 20 307,384 245,907 553,292 983,629

Total 50,118,311 - 50,118,311 5,165,523 4,618,232 9,783,756 40,334,555

Ajmair Traders
Fixed Assets Schedule
For the Year Ended June 30, 2014

2 PARTICULARS C O S T D E P R E C I A T I O N
Opening Addition Closing Rate Opening For the Closing BOOK
% Year VALUE

Plant & Machinery 48,259,862 - 48,259,862 10 9,169,374 3,909,049 13,078,423 35,181,439

Office Equipment 163,528 - 163,528 10 31,070 13,246 44,316 119,212

Furniture & Fixture 158,000 - 158,000 10 30,020 12,798 42,818 115,182

Vehicles 1,536,921 - 1,536,921 20 553,292 196,726 750,017 786,904

Total 50,118,311 - 50,118,311 9,783,756 4,131,818 13,915,574 36,202,737

Ajmair Traders
Fixed Assets Schedule
For the Year Ended June 30, 2015

2 PARTICULARS C O S T D E P R E C I A T I O N
Opening Addition Closing Rate Opening For the Closing BOOK
% Year VALUE

Plant & Machinery 48,259,862 5,329,851 53,589,713 10 13,078,423 4,051,129 17,129,552 36,460,161

Office Equipment 163,528 - 163,528 10 44,316 11,921 56,237 107,291

Furniture & Fixture 158,000 - 158,000 10 42,818 11,518 54,336 103,664

Vehicles 1,536,921 - 1,536,921 20 750,017 157,381 907,398 629,523

Total 50,118,311 5,329,851 55,448,162 13,915,574 4,231,949 18,147,523 37,300,639

Ajmair Traders
Fixed Assets Schedule
For the Year Ended June 30, 2016

1 PARTICULARS C O S T D E P R E C I A T I O N
Opening Addition Closing Rate Opening For the Closing BOOK
% Year VALUE

Plant & Machinery 53,589,713 - 53,589,713 10 17,129,552 3,646,016 20,775,568 32,814,145

Office Equipment 163,528 - 163,528 10 56,237 10,729 66,966 96,562

Furniture & Fixture 158,000 - 158,000 10 54,336 10,366 64,703 93,297

Vehicles 1,536,921 - 1,536,921 20 907,398 125,905 1,033,303 503,618

Total 55,448,162 - 55,448,162 18,147,523 3,793,016 21,940,539 33,507,623

Ajmair Traders
Fixed Assets Schedule
For the Year Ended June 30, 2017

1 PARTICULARS C O S T D E P R E C I A T I O N
Opening Addition Closing Rate Opening For the Closing BOOK
% Year VALUE

Plant & Machinery 53,589,713 - 53,589,713 10 20,775,568 3,281,415 24,056,982 29,532,731

Office Equipment 163,528 - 163,528 10 66,966 9,656 76,623 86,905

Furniture & Fixture 158,000 - 158,000 10 64,703 9,330 74,032 83,968

Vehicles 1,536,921 - 1,536,921 20 1,033,303 100,724 1,134,026 402,895

Total 55,448,162 - 55,448,162 21,940,539 3,401,124 25,341,664 30,106,498

Ajmair Traders
Fixed Assets Schedule
For the Year Ended June 30, 2018

1 PARTICULARS C O S T D E P R E C I A T I O N
Opening Addition Closing Rate Opening For the Closing BOOK
% Year VALUE

Plant & Machinery 53,589,713 - 53,589,713 10 24,056,982 2,953,273 27,010,255 26,579,458

Office Equipment 163,528 - 163,528 10 76,623 8,691 85,313 78,215

Furniture & Fixture 158,000 - 158,000 10 74,032 8,397 82,429 75,571

Vehicles 1,536,921 - 1,536,921 20 1,134,026 80,579 1,214,605 322,316

Total 55,448,162 - 55,448,162 25,341,664 3,050,939 28,392,603 27,055,559