QUALITY HOTELS (P) LTD.

, CHALAKUDY
(000’s omitted)
PROJECTED TRADING PROFIT AND LOSS A/C FOR THE YEAR 2010-11
10-11 10-11
To Opening Stock 2790.00 By Sales
To Purchase Liquor 39000.00
Liquor 30000.00 Food 1800.00
Softdrinks 400.00 Softdrinks 600.00
Fish meat & Grocery 1200.00 By Closing stock 5000.00
Fuel & firewood 150.00
Gross profit C/d 11860.00
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46400.00 46400.00
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To Salary & Allowance 950.00
To Sales tax and Vat 4450.00 By Gross Profit b/d 11860.00
To Bar licence fee 2275.00 By Room rent 1000.00
To Luxury tax 225.00
To ESI & PF 200.00
To Rates & Taxes 50.00
To Printing & Stationary 230. 00
To Repairs & Maintanance 600.00
To Postage & Telephone 50.00
To Loading& Unloadings 200.00
To Staff welfare exp. 30.00
To AMC 10.00
To Travelling exp. 140.00
To Subscription fee 25.00
To Electricity 500.00
To Generator exp. 320.00
To Bank charge 15.00
To Interest on Overdraft 400.00
To Water Charges 120.00
To Crockery 100.00
To Bedsheet,Turkeys etc. 150.00
To Insurance 50.00
To Petrol & Diesel 150.00
To Uniform exp. 25.00
To Deprecitaion 400.00
To Income tax 360.00
To Net profit c/d 835.00
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12860.00 12860.00
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 QUALITY HOTELS (P) LTD., CHALAKUDY

PROJECTED BALANCE SHEET FOR THE YEAR ENDED 2010-11

(000’s omitted)

LIABILITIES 08-09 ASSETS 08-09

Issued & Subscribed Capital 1200.00 Land 400.00

Reserve & Surplus 7000.00 Other fixed assets 7000.00

Unsecured Loan from Directors 2670.00 Bar licence fee 2275.00

Deffered Tax Liability 200.00 Sundry debtors ------

Gratuity provision 120.00 Investment in N.S.C 15.00

Sundry creditors 100.00 Priliminery expences ------

Bank Overdraft from State Bank of Deposites & Advaces 300.00

India 4000.00
Cash at Bank 100.00

Cash in Hand 200.00

Closing Stock 5000.00

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15290.00 15290.00
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