Club Project 2011 Final

PROJECT
REPORT
Submitted by
HERITAGE MILLENNIUM SPORTS CLUB LIMITED
DEVELOPERS PRIVATE LIMITED
Highlights of the Project
1
2.
3.
4.
5.
Project Cost & Sources of Finance

1.
Estimates
2.
Means of Finance
Security Offered to Bank

1. Primary Security
2. Collateral Security
Projections of Performance, Profitability & Repayment
Repayment Schedule
Introduction
About the Promoter
The Project
Marketing Strategies
Statutory Requirement
This project report is prepared as per data and information provided by partner.
For SUDHIR SEN & CO
CHARTERED ACCOUNTANTS
PLACE : JODHPUR
DATED :
SUDHIR
M.NO. 72584
PROP
SUDHIR SEN & CO.
503, DEFENCE COLONY
CHOPASNI ROAD, JODHPUR
PH : 9314031555
A
1
Name of Enterprise
Highlights of Project
:
Constitution
Address for correspondence

Administrative Office & Project
Site
COMPANY
:
:
:
KHASRA NO 11/1
RAJEEV GANDHI NAGAR LINK ROAD
PAL VILLAGE, JODHPUR
Names of Directors
SHRI VIRENDRA S. MEHTA,

BIREN M. PATEL
DHAN PAL R. MEHTA
Nature of Business
CLUB HOUSE
No. of working days
365 Days
Manpower required
36 Persons
Project Cost
a) Land
b) Building Construction
c) Plant & Machinery
d) Furniture & Fixture
e) Security Deposit
f) Working Capital
g) Preliminary Expenses
Sources of Funds
a) Term Loan from Bank
b) Working Capital Loan
c) Unsecured Loans
d) Capital
e) Life Membership Fee Capital Receipts
`
( Lac )
390.62
1,500.00
105.00
50.00
15.00
10.00
78.00
2,148.62
10
Profitability in Year's
a) Cost of Operations
b) Gross Receipts
c) Net Profit - Before Tax
11
Minimum Expected
Annual Growth in
2013-14
512.08
664.56
152.48
I Year
`
2014-15
513.09
852.85
339.76
828.00
7.50
1,060.62
5.00
247.50
2,148.62
( Lac )
2015-16
500.61
895.49
394.88
2016-17
486.69
921.07
434.39
2017-18
474.60
959.45
484.85
2018-19
461.80
959.45
497.65
2nd Year 3rd Year

4th Year 5th Year 6th Year
60%
70%
70%
72%
75%
75%
B
B 1.
Introduction
This private limited concern is going to set a club house alongwith star hotel. The hotel industry in the city
of Jodhpur is well in demand. The hotel accomodation and ameneties requirement are regularly increasing in
the city of Jodhpur.
B2
Bio Data of the Directors

Main Director
a) Name
b)Father Name
c) Age
d) Address
:
:
:
:
SHRI VIRENDRA S. MEHTA,

SHRI SHANTILAL HARILAL MEHTA
64 Years
R/O- FLAT NO 121, 12TH FLR. BLD. NO C,
RAMBHA NEPEAN SEA ROAD,
MUMBAI-400006
Others
Name and Father Name
Shri Virendra S. Mehta s/o Shri Shantilal H. Mehta
Shri Biren M. Patel S/o Shri Madanlal N. Patel
Shri Dhan Pal R. Mehta s/o Shri Rajendra R. Mehta
All the directors are belonging to the one family and doing the same business
B3
The Project :
The concern is willing to establish a club with the all required facilities in JDA land. They want to establish a
club with rooms, alongwith, resaturant and Conferance Halls, bars, etc.
The club shall provide all the modern facilities like Air Conditions, Modern Funirture, CCT Tv
security systems, Fitted with latest fire fitting equipments, LCD T.Vs, Hot and Cold Water Facilities,
High Speed Internet Services, 24 hour restaurent facilities and room service. Club shall extend allied
services like arranging cab services, sightseeing etc. The promotor of theclub is intend to provide all *
STAR facilities to the customer of the hotel and will follow all the norms applicabel to * STAR category
B4
Marketing Strategy :
Jodhpur is one of the major attractions for all foreign tourist visiting India and now also growing
week - end destination for Gujrat, Delhi and NRE residents. The occupancy number of existing
properties in Jodhpur confirm a shortage of rooms in season months and this shortage is likely to
accelerate with the expected increase in number of foreign tourist over the coming years.
Sales and Marketing tools used will be following : local Media advertising, Hoarding, Tie - ups with
credit card companies, sales call to the target segment in country and in key international markets
such as UK Middle East, and Russia as well as visit to international travel fairs etc.
The directors are willing to employee well trained staff for running and supervision of the club. They will
also contact travel agencies and other tour operators for the booking of the hotel. The restaurant is a place
where services are the best advertise and will provide good food with pleasing atomosphere which will
increase the demand day by day
B5
Statutory Requirement :
MSME Registration : Firm will get registration in due couse.
MAP : Club Map will be approved by the Local Authority.
Star Categorty approral will be taken from the Tourisum Department of Central and State
Consent and NOC from the Rajasthan Polltion Control Board will be taken in due course.
Sales Tax Registration : The Firm will get registration in sales tax department. Tin No 08702711075
Power Connection : The require power connection will also taken in due course.
Water : Water will be available.
Project Cost & Sources of Finance
C1
Project Cost Estimates : The total cost of project works out to be Rs. 2148.62 lac. The break up of the
project cost is as under :`
( Lac )
a) Land
390.62
b) Building Construction
1,500.00
c) Plant & Machinery
105.00
d) Furniture & Fixture
50.00
e) Security Deposit
15.00
f) Working Capital
10.00
78.00
2,148.62
a) Land
The unit has taken the land on 09.12.2010. The area of land appro. 29336 Sq Mtrs. The land is located at
prime place of the Jodhpur It is now a days the developing area of the city of Jodhpur. The total cost of the
land is 390.62 lacs
b) Building
The building will be built on this commercial land according to the plan finalised by the technical experts.
This is a hotel building with all types of modern facilities . Hence all type of the care will be taken for this
buiding.
The building includes 24 room as delux accomodations. The provision for Reception, Resaturant, Three
Conference hall, Swimming Pool, Tennis Court, Golf, Squash, Gym etc is also in considered in the plan.
Estimated cost of the Building is Rs.1500 Lac.
c) Plant and machinery
The list of the plant and machinery is separately attached. The Plant and Machinery quotations are taken from
different firms and final selection of the supplier and order placing will be done at the time of the installation
of the machinery.
Estimated cost of all the machinery required is Rs. 105 Lac.
d) Furniture and Fixture
The room furniture will be manufactured and laid according to the map given by the interior experts and
same will be in the good poly wood material. The reception and restaurant furniture will be on theme base
and will be more attractive and unique in the city of Jodhpur.
Estimated cost of all the Furniture and Fixture is Rs. 50 Lac.
e) Working Capital
The unit is in a service industry and the working capital requirement is not as much as required in the other
business. It requires working capital only for smooth running of the hotel which is only one month's expenses.
And hence only Rs 10 Lac is sufficenet as working capital of this project.
The priliminary expenses inculde the interest during the construction period and also some adminstrative
expenses incured during that period.
C2
Means of Finances : The firm intends to finance the project cost through following means :
`
( Lac )
a) Term Loan from Bank
828.00
b) Working Capital Loan
7.50
c) Unsecured Loans
1,060.62
d) Capital
5.00
247.50
2,148.62
a)
Term Loan from Bank :
The loan is required for consutruction of the of building (Rs. 1500 Lac), purchase of Plant and Machinery
(apx. Rs 105 Lac ) and Furniture and Fixture ( Rs. 50 Lac) totaling cost of the all theses three items will be
Rs 1655 Lac. The firm is seeking Term Loan from Bank to the extent of 50 % of value fo Fixed Assets. The
firm required Total Loan of Rs 828 + 7.50 = 835.50 Lac, the firm intends to repay the Term Loan in 84
months, by monthly instalments.
b) Working Capital Requirements
It is an service oriented unit First year it requires Rs. 10.00 Lac as working capital against which the
company is seeking a WC Loan of Rs. 7.50 Lac from Bank on renewable on annual basis.
c)
Unsecured Loans :
The firm is intend to invest own capital and will also take loan of Rs 1060.62 Lacs from the close relatives
d) Capital :
The authorised share capital of the concern is Rs 5 Lac which is fully issued and subscribed

The company is going to set up a club house and in the first year it will take the 250 person as life members.
The membership fee taken is amount to Rs 99000/- per person. The total capitalised amount is comes to Rs
247.50 Lac.
f) Profits : As a policy, the proprietor will retain major part of the profits in the business to meet working
capital requirements, expanstion and modernisation of the unit.
D
D1.
Security Offered to Bank

Primary Security : All the stocks of raw materials, stores, finished goods, and plant & machinery will be
hypothecated to the Bank. The bank will have a lien over the book debts, land and building will also be
offered as prime security.
D2
Collateral Security :
Club land and building will also be offered as Collateral Security.
Owner : SHRI VIRENDRA S. MEHTA, BIREN M. PATEL, DHANPAL R. MEHTA
Total Area of Land
29,336.46
SQ. MTRS
18 Bigh 2 Biswa & 9 Biswansi

35,073.05
Sq Yards
`
S.No
Particulars of Land
Size in
SQ. MTRS
a)
Total Sq
Actual Cost Paid
Yards
( Lac )
DLC Value
Market
as in 2012
Value
Khasra No: 11/1

Rajeev Gandhi Nagar Link Road
29,336.46
35,073.05
39,072,230
35,073.05
39,072,230
3,600
126,262,980
Jodhpur
Owner : Shri Virendra S. Mehta, Biren M. Patel,
Dhan Pal R. Mehta
Land Acquire in the year 09-12126,262,980
2010
Please refer to the statement marked Annexure and attached herewith. Profitability will constantly improve
every year.
Repayment Schedule
F1
The firm intends to :

a) Repay the Term Loan over a period of 7 years in 84 monthly instalments ;
b) Renew the Working Capital facility on annual basis

RAJIV GANDHI NAGAR LINK ROAD
ANNEXURE - I
COST OF PROJECT & MEANS OF FINANCE
`
COST OF PROJECT
EXISTING
31.03.2012
PROPOSED
( Lac )
TOTAL
Land
390.62
390.62
Building
147.89
1,352.11
1,500.00
Plant & Machinery
5.94
99.06
105.00
Furniture & Fixture
0.48
49.52
50.00
Investment - Secutiry Deposit
15.00
15.00
Working Capital
10.00
15.93
62.07
10.00
78.00
560.86
1,587.76
2,148.62
Priliminery Expenses
MEANS OF FINANCE
Capital
247.50
5.00
247.50
555.86
504.76
1,060.62
Term Loan From Bank
828.00
828.00
Working Capital Loan
7.50
7.50
1,587.76
-
2,148.62
-
Life Membership Fee Capitalised

Unsecured Loan - Director & Members
5.00
560.86
-

`
( Lac )
Requarments
Land
Building
Plant & Machinery
Furniture & Fixture
390.62
1,500.00
105.00
50.00
2,045.62
Loan - From Financial Institute

Land
Buiding
Plant & Machinery
Furniture & Fixture
OR SAY
0%
50%
50%
50%
750.00
52.50
25.00
827.39
828.00
1,655.00
50.03

1 DETAIL OF LAND
Owner : SHRI VIRENDRA S. MEHTA, BIREN M. PATEL, DHANPAL R. MEHTA
Total Area of Land
S.No Particulars of Land
a) Khasra No: 11/1

Rajeev Gandhi Nagar Link Road
Jodhpur
Owner : Shri Virendra S. Mehta, Biren M. Patel,
Dhan Pal R. Mehta
Land Acquire in the year 09-12-2010
29,336.46
SQ. MTRS
18 Bigh 2 Biswa & 9 Biswansi
35,073.05 Sq Yards
Size in
SQ. MTRS
29,336.46
Total Sq
Yards
Actual Cost Paid
35,073.05
39,072,230
35,073.05
39,072,230
2 DETAIL OF BUILDING
As per Report of Engineer
Plot Area
Permissible Hight
Permissible F.A.R.
Total Permissible Floor Area
Build Up Area
Ground Floor Area
First Floor Area
Second Floor Area
Basement Floor Area
Total Built up Area
29,336.48
30 Mtrs = 95'4"
1.00
29,336.48
6,318.94
3,527.59
904.47
2,917.24
Sq Mtrs
Sq Mtrs
Sq Mtrs
Sq Mtrs
13,668.24 Sq Mtrs
( Lac )
`
DLC Value
as in 2012
Market
Value
3,600
126,262,980
126,262,980
S.No Particulars
1 Basement Lift, Service Lift and Utility
Sq. Mtr
Rate - in Sq Mtrs Amount

`
`
2,917.24
7,762.23
22,644,287.85
2 Ground Floor
Parking , Ramp
Banqet Hall (3) , Kitchan, Store,
Restuarent, Bar, Receiption
Badminton Court, Squash Court (2)
Room (21)
Toilets, Driver Room
Lift, Service Lift and Utility
Gym, Masage Parlor, Areobics Yoga, Sona Etc
6,318.94
9,425.57
59,559,579.70
3 First Floor Rooms - 24

Snooker, Carom, Chess Hall
Beauty Parlour,Confirmance Room Disco Thech
Toilets
3,527.59
11,643.35
41,072,947.39
904.47
12,752.24
11,534,013.99
7 Terrace Floor And Second Floor

Ground Floor Parking Area, Swimming Pool
Boundry Wall ( Artistic Work)
9,189,171.07
6,000,000.00
13,668.24
150,000,000.00
Average Rate per Sqr Mtrs
10,974.35
Average Rate Per Sqr Feet
989.67

3 DETAIL OF PLANT AND MACHINERY

S.No Particulars
Qty
Rate
Amount
`
Total
`
MACHINERY
Electronic Items
T.V.- LCD
A.C. For Rooms & others
Fan
Vi Fi System
Telephone
EPBX - 150 Lines
CC TV
Computer With Printer
Lift
D.G. Set
Fire Safty Equipments
Swimming Pool Filter Plant
Other Assessories of Swimming Pools
Pump
R.O. Plant
25
15,000.00
50
17,500.00
100
1,250.00
4
15,000.00
50
750.00
1
10
4,000.00
3
30,000.00
1 LS
2
L.S.
9,000.00
375,000.00
875,000.00
125,000.00
60,000.00
37,500.00
35,000.00
40,000.00
90,000.00
1,200,000.00
1,500,000.00
450,000.00
1,800,000.00
350,000.00
36,000.00
50,000.00
7,023,500.00
Kitchan Utensile and Service Equipment

Kithcan Utensiles & Crokery
Servie Equipments
L.S.
L.S.
250,000.00
325,000.00
575,000.00
GAMES, SPA, GYM AND OTHER MATERIALS

Other Miscellaneous Assets
2,500,000.00
401,500.00
10,500,000.00

3 DETAIL OF FURNITURE
S.No Particulars
Qty
Rate
Amount
`
Total
`
FURNITURE
Room Furniture
Bed
Foam Bed and Pillow
Ward Rob
Chair
Side Table
Central Table
Dressing Table
Photo Frame
Cutain, Bed Cover , Bed Sheet etc
25
25
25
50
25
25
25
75
50
12,500.00
6,000.00
7,500.00
1,000.00
1,500.00
2,500.00
4,500.00
750.00
4,500.00
312,500.00
150,000.00
187,500.00
50,000.00
37,500.00
62,500.00
112,500.00
56,250.00
225,000.00
1,193,750.00
Receiption, Resturent, Bar and Office Furniture

Receiption Counter
Sofa
Central Table
Side Table
Chair
Office Table
Office Furniture
L.S.
Locker
Table's for Restaurent
Chair 's for Restaurent
Table's Conference Room
Chair 's for Conference Room
News Paper Stand
Water Cooler
Table's for Bar
Chair 's for Bar
furniture for Beauty Parlour, Saloon
3
10
3
4
10
6
2
25
150
15
70
4
4
25
150
125,000.00
17,500.00
2,500.00
1,500.00
1,000.00
7,500.00
15,000.00
4,500.00
1,250.00
4,500.00
1,250.00
3,500.00
15,000.00
4,500.00
1,250.00
LS
375,000.00
175,000.00
7,500.00
6,000.00
10,000.00
45,000.00
100,000.00
30,000.00
112,500.00
187,500.00
67,500.00
87,500.00
14,000.00
60,000.00
112,500.00
187,500.00
1,000,000.00
2,577,500.00
Receiption, Bar and Passage intirriro

L.S.
1,228,750.00
5,000,000.00

( Lac )
Utilisation
1.00
0.60
REALISATION
PER MONTH
1 REALISATION - ROOM RENT

a) Room Rent
No of Room
Rooms
Delux Room
Party/Function/Event - No
(Only Rent Charges)
24
30
-
Rate
Realisation
2,500
75,000
-
54
b)
60,000
2,250,000
2,310,000
Resaturent Receipts From Hotel Stayers and Others

Capacity
Average
Per Day
seats
Delux Room
Other's - 200
Bar/Disco Revenue
Delux Room
Guest Entry Fee
Membership Fees
Temporary members
Yearly Maintence & Dev
Charges
Working Days
365
3
(Hall)
131.40
40.50
Working Days
Realisation Realisation
48
200
500
350
24,000
70,000
365
365
87.60
255.50
52.56
153.30
48
100
800
800
365
365
140.16
292.00
84.10
175.20
500
2,500
12.50
12.50
250
2,000
15.00
15.00
1,089.26
664.56
YEARLY REALISATIONS AT 100 % and 60 % UTILISATION

CAPITAL RECEIPTS
Membership Fees
Annual Fees(one time)
219.00
67.50
250
99,000
247.50
247.50

COST
PER MONTH
1 COST OF PURCHASES
A)
Room - Expenses (10% of Realisation)

Consumable Room ( 55 % of Realisation)
Consumable Restaurent ( 55 % of Realisation)
Consumable Party ( 10 % of Realisation)
Consumable Bar ( 45 % of Realisation)
Per Day
Working Days
3,600
7,920
23,100
4,800
10,368
365
365
365
365
365
B) CONSUMABLES & UTILITYPOWER - LS

CONSUMABLES
WATER
MONTH
1,314,000
2,890,800
8,431,500
1,752,000
3,784,320
TOTAL in Lacs
13.14
28.91
84.32
17.52
37.84
125,000
35,000
5,000
165,000
165,000
12.00
19.80
C) WAGES & SALARY

NO OF
SALARY
PERSION
SKILLED STAFF
UNSKILLED STAFF
ACCOUNTANTS
CHOWKIDAR
FRIENGE BENEFIT 15 %
TOTAL
SALARY
6
25
2
3
36
12500
5000
7500
3500
75,000
125,000
15,000
10,500
225,500
33,825
259,325
12
31.12
1,500
7,000
350
2,000
10,000
5,000
4,500
2,000
2,000
7,500
8,150
50,000
50,000
12
6.00
3 ADMIINISTRATIVE EXPENSES
BANK CHARGES
PERTOL / CONVERYANCE EXPENSES
POSTAGE, PRINTING & STATIOENRY
TELEPHONE EXPENSES
TRAVELLING
ADVERTISEMENT EXPENESES
INSURANCE EXPENSES
AUDITING AND OTHER PROFESSIONLA FEE
PERIODICALS AND BOOKS
MEETING EXPENSES
GENERAL EXPENSES
5 REPAIR AND MAINTENANCE EXPENSES

PLANT AND MACHINERY @ 2 % OF COST
BUILDING @ 1 % OF COST
99,060
676,055
775,115
6 DEPRECIATION CHARGES
FIXED
LAND
BUILDING
PLANT & MACHINERY
FURNITURE AND FIXTURE
3.34%
4.75%
6.33%
7 FINANCIAL CHARGES
UNSECURED LOAN
TERM LOAN
WORKING CAPITAL
0%
Amount
Rate p.a.
1,060.62
9%
828.00
13%
7.50
13%
5,010,000
498,750
316,500
5,825,250
9,545,580
9,792,250
105,000
19,442,830
8 PRELIMINERY EXPENSES
58.25
194.43
13.00
TOTAL EXPENSES
NET SURPLUS
7.75
512.08
SALES REALISATION
Less TOTAL EXPENESE
664.56
512.08
152.48
152.48

PAL VILLAGE,
JODHPUR
REPAYMENT SCHEDULE AND INTEREST ON TERM LOAN
Loan Amount Rs. in Lacs
82,800,000
Repayment
84 Monthly Installment
Repayment Commencement
Ist Apr 2011
Rate of Interest
13 % Per Annum
Repayment will be start from April 2013
Opening
YEAR
2011-12
2012-13
2013-14
MONTHS
MONTHS
Repayment
Balance
Closing
Monthly
Balance
Interest
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
10,000,000
10,000,000
108,333
Jul-12
10,000,000
20,000,000
216,667
Aug-12
10,000,000
30,000,000
325,000
Sep-12
10,000,000
40,000,000
433,333
Oct-12
10,000,000
50,000,000
541,667
Nov-12
10,000,000
60,000,000
650,000
Dec-12
10,000,000
70,000,000
758,333
Jan-13
10
10,000,000
80,000,000
866,667
Feb-13
11
2,800,000
82,800,000
897,000
Mar-13
12
82,800,000
897,000
Apr-13
13
82,800,000
1,150,000
81,650,000
884,542
May-13
14
81,650,000
1,150,000
80,500,000
872,083
Jun-13
15
80,500,000
1,150,000
79,350,000
859,625
Jul-13
16
79,350,000
1,150,000
78,200,000
847,167
Aug-13
17
78,200,000
1,150,000
77,050,000
834,708
Yearly Interest
56.94
2014-15
2015-16
2016-17
Sep-13
18
77,050,000
1,150,000
75,900,000
822,250
Oct-13
19
75,900,000
1,150,000
74,750,000
809,792
Nov-13
20
74,750,000
1,150,000
73,600,000
797,333
Dec-13
21
73,600,000
1,150,000
72,450,000
784,875
Jan-14
22
72,450,000
1,150,000
71,300,000
772,417
Feb-14
23
71,300,000
1,150,000
70,150,000
759,958
Mar-14
24
70,150,000
1,150,000
69,000,000
747,500
Apr-14
25
69,000,000
1,150,000
67,850,000
735,042
May-14
26
67,850,000
1,150,000
66,700,000
722,583
Jun-14
27
66,700,000
1,150,000
65,550,000
710,125
Jul-14
28
65,550,000
1,150,000
64,400,000
697,667
Aug-14
29
64,400,000
1,150,000
63,250,000
685,208
Sep-14
30
63,250,000
1,150,000
62,100,000
672,750
Oct-14
31
62,100,000
1,150,000
60,950,000
660,292
Nov-14
32
60,950,000
1,150,000
59,800,000
647,833
Dec-14
33
59,800,000
1,150,000
58,650,000
635,375
Jan-15
34
58,650,000
1,150,000
57,500,000
622,917
Feb-15
35
57,500,000
1,150,000
56,350,000
610,458
Mar-15
36
56,350,000
1,150,000
55,200,000
598,000
Apr-15
37
55,200,000
1,150,000
54,050,000
585,542
May-15
38
54,050,000
1,150,000
52,900,000
573,083
Jun-15
39
52,900,000
1,150,000
51,750,000
560,625
Jul-15
40
51,750,000
1,150,000
50,600,000
548,167
Aug-15
41
50,600,000
1,150,000
49,450,000
535,708
Sep-15
42
49,450,000
1,150,000
48,300,000
523,250
Oct-15
43
48,300,000
1,150,000
47,150,000
510,792
Nov-15
44
47,150,000
1,150,000
46,000,000
498,333
Dec-15
45
46,000,000
1,150,000
44,850,000
485,875
Jan-16
46
44,850,000
1,150,000
43,700,000
473,417
Feb-16
47
43,700,000
1,150,000
42,550,000
460,958
Mar-16
48
42,550,000
1,150,000
41,400,000
448,500
Apr-16
49
41,400,000
1,150,000
40,250,000
436,042
May-16
50
40,250,000
1,150,000
39,100,000
423,583
Jun-16
51
39,100,000
1,150,000
37,950,000
411,125
Jul-16
52
37,950,000
1,150,000
36,800,000
398,667
Aug-16
53
36,800,000
1,150,000
35,650,000
386,208
Sep-16
54
35,650,000
1,150,000
34,500,000
373,750
Oct-16
55
34,500,000
1,150,000
33,350,000
361,292
Nov-16
56
33,350,000
1,150,000
32,200,000
348,833
Dec-16
57
32,200,000
1,150,000
31,050,000
336,375
97.92
79.98
62.04
2017-18
2018-19
Jan-17
58
31,050,000
1,150,000
29,900,000
323,917
Feb-17
59
29,900,000
1,150,000
28,750,000
311,458
Mar-17
60
28,750,000
1,150,000
27,600,000
299,000
Apr-17
61
27,600,000
1,150,000
26,450,000
286,542
May-17
62
26,450,000
1,150,000
25,300,000
274,083
Jun-17
63
25,300,000
1,150,000
24,150,000
261,625
Jul-17
64
24,150,000
1,150,000
23,000,000
249,167
Aug-17
65
23,000,000
1,150,000
21,850,000
236,708
Sep-17
66
21,850,000
1,150,000
20,700,000
224,250
Oct-17
67
20,700,000
1,150,000
19,550,000
211,792
Nov-17
68
19,550,000
1,150,000
18,400,000
199,333
Dec-17
69
18,400,000
1,150,000
17,250,000
186,875
Jan-18
70
17,250,000
1,150,000
16,100,000
174,417
Feb-18
71
16,100,000
1,150,000
14,950,000
161,958
Mar-18
72
14,950,000
1,150,000
13,800,000
149,500
Apr-18
73
13,800,000
1,150,000
12,650,000
137,042
May-18
74
12,650,000
1,150,000
11,500,000
124,583
Jun-18
75
11,500,000
1,150,000
10,350,000
112,125
Jul-18
76
10,350,000
1,150,000
9,200,000
99,667
Aug-18
77
9,200,000
1,150,000
8,050,000
87,208
Sep-18
78
8,050,000
1,150,000
6,900,000
74,750
Oct-18
79
6,900,000
1,150,000
5,750,000
62,292
Nov-18
80
5,750,000
1,150,000
4,600,000
49,833
Dec-18
81
4,600,000
1,150,000
3,450,000
37,375
Jan-19
82
3,450,000
1,150,000
2,300,000
24,917
Feb-19
83
2,300,000
1,150,000
1,150,000
12,458
Mar-19
84
1,150,000
1,150,000
Apr-19
82,800,000
37,537,500
44.10
26.16
8.22
375.38

DEPRECIATION CHART
FIXED ASSETS
LAND
LESS DEP
Rs in Lacs
2011-12
390.62
390.62
BUILDING
ADDITION
LESS DEP
-
PLANT & MACHINERY

ADDITION
5.94
5.94
LESS DEP
5.94
FURNITURE
ADDITION
0.48
0.48
LESS DEP
0.48
TOTAL FIXED ASSETS
DEP
397.04
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
2018-19
390.62
390.62
390.62
390.62
390.62
390.62
390.62
390.62
390.62
390.62
390.62
390.62
390.62
390.62
1,500.00
1,500.00
1,500.00
1,500.00
1,449.90
1,401.47
1,354.66
1,309.42
1,265.68
1,500.00
50.10
1,449.90
1,449.90
48.43
1,401.47
1,401.47
46.81
1,354.66
1,354.66
45.25
1,309.42
1,309.42
43.73
1,265.68
1,265.68
42.27
1,223.41
5.94
99.06
105.00
105.00
105.00
100.01
95.26
90.74
86.43
82.32
105.00
4.99
100.01
100.01
4.75
95.26
95.26
4.52
90.74
90.74
4.31
86.43
86.43
4.11
82.32
82.32
3.91
78.41
0.48
49.52
50.00
50.00
50.00
46.84
43.87
41.09
38.49
36.06
50.00
3.17
46.84
46.84
2.96
43.87
43.87
2.78
41.09
41.09
2.60
38.49
38.49
2.44
36.06
36.06
2.28
33.77
58.25
56.14
54.11
52.16
50.28
48.47
2,039.20
-

ESTIMATED COST OF PRODUCTION AND PROFITABLITY

`
Particulars
( Lac )
2018-19
VITH
2013-14
IST
2014-15
IIND
2015-16
IIIRD
2016-17
IVTH
2017-18
VTH
60%
70%
70%
72%
75%
75%
A REALISATION
B COST
COST OF PURCHASES
A) ALL TYPES MATERIAL
B) CONSUMABLES & UTILITYC) WAGES & SALARY
REPAIR AND MAINTENANCE EXPENSES
COST OF SERVICE
ADD OPENING STOCK
LESS CLOSING STOCK
COST OF PRODUCTION - B
664.56
852.85
895.49
921.07
959.45
959.45
182.73
19.80
31.12
7.75
241.40
1.00
240.40
164.45
21.78
34.23
8.53
228.99
1.00
1.25
228.74
164.45
23.96
37.65
9.38
235.44
1.25
1.50
235.19
162.39
26.35
41.42
10.32
240.48
1.50
2.00
239.98
160.69
28.99
45.56
11.35
246.59
2.00
2.25
246.34
157.48
31.89
50.12
12.48
251.97
2.25
2.50
251.72
C Gross Profit
424.16
624.11
660.29
681.10
713.11
707.73
63.83
73.18
73.74
73.95
74.32
73.76
6.00
6.90
7.94
9.13
10.49
12.07
Total Administrative Overhead C

D Cost of Realisation
B+C
6.00
246.40
6.90
235.64
7.94
243.13
9.13
249.10
10.49
256.84
12.07
263.79
E Net Profit Before Interest and Depreicaiton

( A-D)
F Financial Charges
Interest on Term Loan
Interest on Unsecured Loan- Relative
Interest on Working Capital
Total Financial Charges
F
418.16
617.21
652.36
671.97
702.62
695.66
97.92
95.46
1.05
194.43
79.98
127.27
1.05
208.31
62.04
127.27
1.05
190.37
44.10
127.27
1.05
172.43
26.16
127.27
1.05
154.49
8.22
127.27
1.05
136.55
G Depreciation
58.25
56.14
54.11
52.16
50.28
48.47
H Preliminary Expenses W/O
13.00
13.00
13.00
13.00
13.00
13.00
152.48
339.76
394.88
434.39
484.85
497.65
0.50
1.00
1.50
2.00
2.50
3.00
151.98
338.76
393.38
432.39
482.35
494.65
58.25
56.14
54.11
52.16
50.28
48.47
M Cash Profit or Accruals
223.23
407.90
460.49
497.55
545.63
556.12
N Repayment of loan
Repayment of Unsecured Loan
O Debt Service Coverage Ratio
138.00
1.36
138.00
2.24
138.00
2.61
138.00
2.97
138.00
3.48
138.00
3.86
63.83
73.18
73.74
73.95
74.32
73.76
Net Profit (before interest & Depreciation)
62.92
72.37
72.85
72.96
73.23
72.51
Net Profit (After Interest & Depreciation)
22.87
39.72
43.93
46.94
50.27
51.56
CAPACITY UTILISATION
A-B
G.P.RATE
C Administrative Overhead
ADMIINISTRATIVE EXPENSES
I Profit Before Tax
E-F-G-H
J Provision for Dividend

Provision for Tax - Exempted u/s 35 AD
K Profit After Tax / Net Profit
L Add : Depreciation
P Average DSCR
Ratio
Gross Profit ( Gp/Sales)
2.75

2013-14
2015-16
2016-17
2017-18
2018-19
73.18
73.74
73.95
74.32
73.76
62.92
72.37
72.85
72.96
73.23
72.51
22.87
39.72
43.93
46.94
50.27
51.56
60%
664.56
151.98
223.23
194.43
417.66
138.00
194.43
332.43
70%
852.85
338.76
407.90
208.31
616.21
138.00
208.31
346.31
70%
895.49
393.38
460.49
190.37
650.86
138.00
190.37
328.37
72%
921.07
432.39
497.55
172.43
669.97
138.00
172.43
310.43
75%
959.45
482.35
545.63
154.49
700.12
138.00
154.49
292.49
75%
959.45
494.65
556.12
136.55
692.66
138.00
136.55
274.55
Ratio
Gross Profit ( Gp/Sales)
63.83
Net Profit (before interest & Depreciation)

Net Profit (After Interest & Depreciation)
2014-15
DSCR
Capacity utilization %
Sales
Net Profit after tax & Withdrawal
Cash accruals
Interest
TOTAL
TL / DPG repayments
Interest
TOTAL
Gross DSCR
Average gross DSCR
1.26
2.02
1.78
1.98
2.16
2.39
2.52
Net DSCR
CASH ACCRUAL/ TL
1.62
3.25
2.96
3.34
3.61
3.95
4.03

BREAKEVEN POINT
2013-14
2015-16
2016-17
852.85
895.49
921.07
959.45
959.45
240.40
228.74
235.19
239.98
246.34
251.72
424.16
624.11
660.29
681.10
713.11
707.73
ADMINISTRATIVE OVERHEAD
FINANCIAL CHARGES
DEPREICATION
PRELIMINIARY EXPENSES
TOTOL COST OF FIXED ASSETS
6.00
194.43
58.25
13.00
271.68
6.90
208.31
56.14
13.00
284.35
7.94
190.37
54.11
13.00
265.41
9.13
172.43
52.16
13.00
246.71
10.49
154.49
50.28
13.00
228.26
12.07
136.55
48.47
13.00
210.08
NET PROFIT
152.48
339.76
394.88
434.39
484.85
497.65
0.64
0.46
0.40
0.36
0.32
0.30
CONTRIBUTION
424.16
624.11
660.29
681.10
713.11
707.73
FIXED COST
ADMINISTRATIVE OVERHEAD
FINANCIAL CHARGES
6.00
194.43
6.90
208.31
7.94
190.37
9.13
172.43
10.49
154.49
12.07
136.55
TOTAL FIXED COST
200.43
215.21
198.30
181.55
164.98
148.62
NET PROFIT
223.73
408.90
461.99
499.55
548.13
559.12
0.47
0.34
0.30
0.27
0.23
0.21
VARIABLE COST
REALISATION
664.56
COST OF PRODUCTION
CONTRIBUTION
2014-15
2017-18
2018-19
FIXED COST
BEP
FIXED COST / CONTRIBUTION
CASH BREAK EVEN
BEP
FIXED COST / CONTRIBUTION

Sources of funds
1.Net Profit after
depreciation
2. Depreciation
3. Preliminary
expenses
4. Increase in
Capital Receipts - Membership Fee
5. Increase in
unsecured loans
6. Increase in
term loans
7. Increase in
working capital
8. Increase in
creditors
Total
Uses of funds
1. Increase in
Fixed assets
2. Increase in
investments.
3. Increase in
Prel. expenses
4. Increase in
stocks
5. Increase in
debtors
6. Decrease in
term loan
7. Decrease in
unsecured loan
8. Income Tax
9. Withdrawal
Total
Opening Balance
Net Surplus
Closing Balance
2011-12
2013-14
152.48
2014-15
339.76
2015-16
394.88
2016-17
434.39
2017-18
484.85
2018-19
497.65
58.25
13.00
56.14
13.00
54.11
13.00
52.16
13.00
50.28
13.00
48.47
13.00
247.50
504.76
828.00
7.50
1.00
224.73
(0.00)
408.90
461.99
499.55
548.13
559.12
200.00
200.00
200.00
400.00
400.00
0.25
1,587.76
1,500.69
15.00
62.07
1.00
0.25
0.25
0.50
0.25
12.74
3.61
0.82
0.49
0.74
138.00
138.00
138.00
138.00
138.00
138.00
1,577.76
10.00
10.00
0.50
152.24
10.00
72.49
82.49
1.00
342.86
82.49
66.04
148.52
1.50
340.57
148.52
121.43
269.95
2.00
340.99
269.95
158.56
428.51
2.50
541.49
428.51
6.64
435.15
3.00
541.25
435.15
17.87
453.02
10.00
-
82.49
0.00
148.52
-
269.95
-
428.51
-
435.15
-
453.02
-

Requirement of Working Capital
Material
Amount
1 Stock
Number
of Day
Room - Expenses (10% of Realisation)
Consumable Room ( 55 % of Realisation)
Consumable Restaurent ( 55 % of Realisation)
Consumable Party ( 10 % of Realisation)
Consumable Bar ( 45 % of Realisation)
3600
7920
23100
4800
10368
CONSUMABLE ITEMS- OTHERS

2 Wages & Salary, Administrative Expenses = One Month Expenses
TOTAL REQUIREMENT OF WORKING CAPITAL
15
15
15
1
15
54,000
118,800
346,500
4,800
155,520
61,055
259,325
1,000,000

PORJECTED BALANCE SHEET
FIXED ASSETS
2011-12
TOTAL FIXED ASSET

LESS DEPRECIATION
2012-13
544.93
544.93
INVESTMENT
FOR EXPANSION OF PROJECT
2013-14
2014-15
2015-16
2016-17
( Lac )
2017-18
2018-19
544.93
1,500.69
2,045.62
2,045.62
58.25
1,987.37
1,987.37
56.14
1,931.23
1,931.23
54.11
1,877.11
1,877.11
52.16
1,824.96
1,824.96
50.28
1,774.68
1,774.68
48.47
1,726.21
15.00
15.00
215.00
415.00
615.00
1,015.00
1,415.00
CURRENT ASSETS
CLOSING STOCK
1.00
1.25
1.50
2.00
2.25
2.50
SUNDRY DEBTORS
12.74
16.36
17.17
17.66
18.40
18.40
CASH IN HAND
10.00
82.49
148.52
269.95
428.51
435.15
453.02
15.93
78.00
65.00
52.00
39.00
26.00
13.00
560.86
2,148.62
2,163.60
2,364.36
2,619.74
2,914.13
3,258.48
PRILIMINERY EXPENSES
LIABILITIES
2011-12
CAPITAL
ADDITIONAL
PROFIT AND LOSS ACCOUNT
OPENING BALANCE
ADD PROFIT
LESS WITHDRAWAL & TAX
2012-13
5.00
5.00
-
LIFE MEMBERSHIP FEE CAPITALISED

UNSECURED LOAN
555.86
TERM LOAN
WORKING CAPITAL LOAN
TRADE CREDITORS
560.86
2013-14
5.00
5.00
2014-15
2015-16
2016-17
2017-18
3,615.13
2018-19
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
152.48
152.48
0.50
151.98
151.98
339.76
491.74
1.00
490.74
490.74
394.88
885.62
1.50
884.12
884.12
434.39
1,318.51
2.00
1,316.51
1,316.51
484.85
1,801.36
2.50
1,798.86
1,798.86
497.65
2,296.51
3.00
2,293.51
247.50
247.50
247.50
247.50
247.50
247.50
247.50
1,060.62
1,060.62
1,060.62
1,060.62
1,060.62
1,060.62
1,060.62
828.00
690.00
552.00
414.00
276.00
138.00
7.50
7.50
7.50
7.50
7.50
7.50
7.50
1.00
1.00
1.00
1.00
1.00
1.00
2,163.60
2,364.36
2,619.74
2,914.13
3,258.48
3,615.13
2,148.62
NOTE : EXCESS CASH AVAILABLE WILL BE UTILISED FOR EXPANSATION OF THE PROJECT.

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PROJECT

Highlights of the Project

Project Cost & Sources of Finance

Security Offered to Bank

Projections of Performance, Profitability & Repayment

Address for correspondence

HERITAGE MILLENNIUM SPORTS CLUB LIMITED

SHRI VIRENDRA S. MEHTA,

No. of working days

2nd Year 3rd Year

Bio Data of the Directors

SHRI VIRENDRA S. MEHTA,

Project Cost & Sources of Finance

e) Life Membership Fee Capital Receipts

Security Offered to Bank

Club land and building will also be offered as Collateral Security.

Owner : SHRI VIRENDRA S. MEHTA, BIREN M. PATEL, DHANPAL R. MEHTA

Total Area of Land

18 Bigh 2 Biswa & 9 Biswansi

Actual Cost Paid

Khasra No: 11/1

The firm intends to :

HERITAGE MILLENNIUM SPORTS CLUB LIMITED

Plant & Machinery

Furniture & Fixture

Investment - Secutiry Deposit

Term Loan From Bank

Working Capital Loan

Life Membership Fee Capitalised

HERITAGE MILLENNIUM SPORTS CLUB LIMITED

Loan - From Financial Institute

HERITAGE MILLENNIUM SPORTS CLUB LIMITED

S.No Particulars of Land

a) Khasra No: 11/1

Actual Cost Paid

1 Basement Lift, Service Lift and Utility

Rate - in Sq Mtrs Amount

3 First Floor Rooms - 24

7 Terrace Floor And Second Floor

Average Rate per Sqr Mtrs

Average Rate Per Sqr Feet

HERITAGE MILLENNIUM SPORTS CLUB LIMITED

3 DETAIL OF PLANT AND MACHINERY

Kitchan Utensile and Service Equipment

GAMES, SPA, GYM AND OTHER MATERIALS

HERITAGE MILLENNIUM SPORTS CLUB LIMITED

Receiption, Resturent, Bar and Office Furniture

Receiption, Bar and Passage intirriro

HERITAGE MILLENNIUM SPORTS CLUB LIMITED

1 REALISATION - ROOM RENT

Resaturent Receipts From Hotel Stayers and Others

YEARLY REALISATIONS AT 100 % and 60 % UTILISATION

HERITAGE MILLENNIUM SPORTS CLUB LIMITED

Room - Expenses (10% of Realisation)

B) CONSUMABLES & UTILITYPOWER - LS

C) WAGES & SALARY

5 REPAIR AND MAINTENANCE EXPENSES

HERITAGE MILLENNIUM SPORTS CLUB LIMITED

REPAYMENT SCHEDULE AND INTEREST ON TERM LOAN

Loan Amount Rs. in Lacs

Ist Apr 2011

HERITAGE MILLENNIUM SPORTS CLUB LIMITED

PLANT & MACHINERY