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Financial Highlights |
| Vakrangee Softwares Limited |
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Financial Highlights |
| Vakrangee Softwares Limited |
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BALANCE
SHEET AS AT 31st MARCH 2001 |
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As at |
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31st March, |
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2000 |
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Schedule |
Rupees |
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Rupees |
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Rupees |
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Lacs |
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Lacs |
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Lacs |
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SOURCES OF FUNDS |
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1. SHARES
HOLDERS' FUND |
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(a) Share Capital |
801.97 |
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733.67 |
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(b)
Reserves & Surplus. |
2665.24 |
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1363.04 |
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3467.21 |
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2096.71 |
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2. LOAN
FUNDS |
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(a) Secured Loans |
145.00 |
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145.00 |
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(b) Unsecured Loans |
0.00 |
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133.93 |
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145.00 |
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278.93 |
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3. Total
Funds Employed |
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3612.21 |
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2375.64 |
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APPLICATION OF FUNDS |
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4. FIXED
ASSETS |
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(a) Gross Block |
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1720.37 |
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1030.16 |
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(b) Less: Depreciation |
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261.38 |
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97.45 |
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(c) Net Block |
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1458.99 |
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932.71 |
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(d) Capital Work In Progress |
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383.04 |
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91.54 |
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1842.03 |
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1024.25 |
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5. INVESTMENTS |
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106.53 |
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63.03 |
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6. CURRENT
ASSETS, LOANS & ADVANCES |
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(a) Inventories |
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98.21 |
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96.78 |
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(b) Sundry Debtors |
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1557.45 |
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817.85 |
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(c) Cash & Bank Balances |
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28.30 |
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55.76 |
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(d) Loans & Advances |
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297.05 |
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485.44 |
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1981.01 |
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1,455.83 |
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7. Current Liabilities & Provisions |
326.93 |
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180.50 |
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8. Net Current Assets [ (6) less (7) ] |
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1654.08 |
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1,275.33 |
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9. Miscellaneous Expenditure |
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9.57 |
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13.03 |
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(To the extent not written off and / or adjusted ) |
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10. Total Assets |
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3612.21 |
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2375.64 |
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SIGNIFICANT ACCOUNTING POLICIES & |
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NOTES ON ACCOUNTS |
O |
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Schedule "A" to "I" and
Schedule "O" referred to above from part of the Balance Sheet . |
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As per our report of even date attached. |
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Chartered
Accounts
S.K.PATODIA
Dinesh Nandwana -
Chairman &
Managing Director
Proprietor
Anil Patodia -
Executive Director
Vivek Chandel -
Director- Technical Operations
Place
: Mumbai
Dr. Nishikant Hayatnagarkar
Director R&D
Date
: 29th June 2001
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SCHEDULES
ANNEXED AND FORMING PART OF FINAL ACCOUNTS FOR |
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THE
YEAR ENDED ON 31st MARCH, 2001. |
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(Rs.
in Lacs) |
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PARTICULAR |
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31.03.2001 |
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31.03.2000 |
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SCHEDULE A: SHARE CAPITAL |
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Authorised |
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1,50,00,000
(Previous year 1,00,00,000) |
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Equity
shares of Rs.10 each |
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1500.00 |
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1500.00 |
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ISSUED
SUBSCRIBED AND PAID UP |
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89,46,165
(Previous 74,46,165) |
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Equity
share of Rs.10 each fully paid in cash |
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894.61 |
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744.61 |
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Less:
Allotment money in Arrears |
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(92.64) |
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(10.94) |
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801.97 |
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733.67 |
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SCHEDULE B: RESERVES & SURPLUS |
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1.
General Reserves |
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As Per Last Balance Sheet |
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241.33 |
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141.33 |
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Transferred From Profit & Loss Account |
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0.00 |
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100.00 |
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241.33 |
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241.33 |
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2.
Share Premium Account |
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3739.23 |
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889.23 |
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Less: Allotment Money in Arrears |
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(1596.55) |
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(43.49) |
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2142.68 |
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845.74 |
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3.
Profit & Loss Account |
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281.23 |
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275.97 |
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TOTAL
( 1 + 2 + 3 ) |
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2665.24 |
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1363.04 |
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SCHEDULE C: SECURED LOAN |
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1.
Cash Credit & Overdraft Facilities |
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145.00 |
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145.00 |
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145.00 |
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145.00 |
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SCHEDULE D: UNSECURED LOAN |
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From
Others |
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0.00 |
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133.93 |
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0.00 |
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133.93 |
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SCHEDULE
E: |
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( I
) FIXED ASSETS |
(
Rs In Lacs ) |
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GROSS
BLOCK |
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DEPRECIATION |
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NET
BLOCK |
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ASSETS |
As
at |
Addtions |
Delition |
As
at |
As
at |
Addition |
Deletion |
As
at |
As
at |
As
at |
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01.04.2000 |
During
the |
During
the |
31.03.2001 |
01.04.2000 |
during
the |
during
the |
31.03.2001 |
31.03.2001 |
31.03.2000 |
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Year |
Year |
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Year |
Year |
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LAND |
8.65 |
0.00 |
0.00 |
8.65 |
0.00 |
0.00 |
0.00 |
0.00 |
8.65 |
8.65 |
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BUILDING |
33.47 |
0.00 |
0.00 |
33.47 |
2.97 |
0.54 |
0.00 |
3.51 |
29.96 |
30.50 |
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COMPUTERS,
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PRINTERS
& PERIPHERALS |
954.22 |
287.33 |
0.00 |
1241.55 |
88.14 |
159.16 |
0.00 |
247.30 |
994.25 |
866.08 |
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OFFICE
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EQUIPMENTS |
7.29 |
200.68 |
0.00 |
207.97 |
1.49 |
1.17 |
0.00 |
2.66 |
205.31 |
5.80 |
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FURNITURES
& |
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FIXTURES |
20.15 |
202.20 |
0.00 |
222.35 |
4.65 |
2.45 |
0.00 |
7.10 |
215.25 |
15.50 |
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MOTOR
CAR |
6.38 |
0.00 |
0.00 |
6.38 |
0.20 |
0.61 |
0.00 |
0.81 |
5.57 |
6.18 |
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SUB
TOTAL |
1030.16 |
690.21 |
0.00 |
1720.37 |
97.45 |
163.93 |
0.00 |
261.38 |
1458.99 |
932.71 |
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(
II ) CAPITAL WORK IN PROGRESS |
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(Rs.
In Lacs) |
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VAKRANGEE
HOUSE |
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(
Under Construction ) |
91.54 |
291.50 |
0.00 |
383.04 |
0.00 |
0.00 |
0.00 |
0.00 |
383.04 |
0.00 |
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TOTAL |
1121.70 |
981.71 |
0.00 |
2103.41 |
97.45 |
163.93 |
0.00 |
261.38 |
1842.03 |
932.71 |
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PREVIOUS
YEAR |
93.63 |
1045.14 |
17.07 |
1121.70 |
24.12 |
80.18 |
6.85 |
97.45 |
1024.25 |
69.51 |
SCHEDULES
ANNEXED TO AND FORMING PART OF FINAL ACCOUNTS FOR THE YEAR ENDED ON 31st MARCH, 2001. |
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Rs.
In Lacs |
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As
at |
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As
at |
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31.03.2001 |
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31.03.2000 |
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SCHEDULE "F" : INVESTMENTS (At cost) |
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QUOTED |
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5,30,000
( Pr.Yr 0) Equity Shares in Media Savvy (India) Ltd. |
43.50 |
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0.00 |
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Aggregate
market value of quoted investments Not Available
(P.Y. - NIL) |
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UNQUOTED |
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6,30,300
( Pr.Yr 630300 ) Equity Shares in Vakrangee Press Ltd. |
63.03 |
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63.03 |
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106.53 |
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63.03 |
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SCHEDULE 'G' : CURRENT ASSETS,LOANS & ADVANCES |
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1.
INVENTRIES |
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Closing Stock of Consumables |
98.21 |
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96.78 |
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98.21 |
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96.78 |
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2.
SUNDRY DEBTORS |
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(a) Debts outstanding for a period exceeding 6 months |
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(I) Considered Good |
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264.39 |
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102.00 |
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(ii) Considered Doubtful |
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0.00 |
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0.00 |
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(b) Other Debts |
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1293.06 |
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715.85 |
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1557.45 |
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817.85 |
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3.
CASH & BANK BALANCES |
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(a) Balances with Schedules Bank |
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(I) In Current Accounts |
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1.19 |
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1.22 |
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(ii) In Fixed Deposits |
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21.03 |
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21.03 |
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(b)
Cash in Hand |
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(As physically verified & certified by Management ) |
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6.08 |
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33.51 |
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28.30 |
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55.76 |
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4.
LOAN & ADVANCES , DEPOSITS |
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(a)
Loans & Advances |
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288.91 |
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474.85 |
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(Recoverable
in cash or kind for value to be received ) |
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( b )
Deposits |
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8.13 |
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10.59 |
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297.04 |
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485.44 |
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TOTAL
(1+2+3+4) |
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1981.00 |
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1,455.83 |
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SCHEDULES
ANNEXED AND FORMING PART OF FINAL ACCOUNTS |
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FOR
THE YEAR ENDED ON 31st MARCH, 2001. |
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Rs.
In Lacs |
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As
at |
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As
at |
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31.03.2001 |
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31.03.2000 |
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SCHEDULE 'H' : CURRENT LIABILITIES |
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&
PROVISIONS |
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Current
Liabilities |
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Sundry
Creditors |
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226.56 |
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45.69 |
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Other
Current Liabilities |
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99.87 |
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71.81 |
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|
326.43 |
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117.50 |
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Provisions |
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Provision
for Taxation |
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0.50 |
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63.00 |
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0.50 |
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63.00 |
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326.93 |
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180.50 |
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SCHEDULE 'I' : MISCELLANEOUS |
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EXPENSES |
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(To
the extent not written off and / or adjusted ) |
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(a)
Preliminary & Issue expenses |
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Opening Balances |
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13.03 |
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16.49 |
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Less: Written off during the year |
|
3.46 |
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3.46 |
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9.57 |
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13.03 |
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(b)
Deffered Revenue Expenditure |
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Opening Balance |
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0.00 |
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93.00 |
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Incurred during the year |
|
0.00 |
|
0.00 |
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|
0.00 |
|
93.00 |
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Less: Written Off during the year |
|
0.00 |
|
93.00 |
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|
0.00 |
|
0.00 |
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9.57 |
|
13.03 |
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