RESEARCH SERVICES DIVISION

SEED SERVICES INSTITUTE

Cashbook

Date

Detail

1/1/2012 Balance B/D

Machokoto C
Bank
9/1/2012
Bank
11/1/2012 Machokoto C
Bank
16/1/12
Machokoto C

Receipt
Number

Cash
Amount

938818

200.00

938819

347.00
0.00
1,456.00
0.00
412.00
0.00

938820
938821

Prime seeds
19/1/12
23/1/12
25/1/12

27/1/12
30/1/12

Machokoto C
Bank
Machokoto C
Bank
Machokoto C
Bank
Agri seeds
Machokoto C
Bank
AFSTA
Paynet
Paynet
Paynet
Paynet
Reversal
Interest

SEED
TESTING

FIELLD
INSPECTION LICENCING

119.00

65.00
315.00

1,335.00

65.00
380.00

853.00
938822
938823
938824

938825
938826
938827
938828
938829

378.00
0.00
125.00
0.00
1,106.00
0.00
88.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

148.00

125.00

210.00

880.00
3,872.00
64.00

0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
4,112.00
2,665.00

3,936.00

1,830.00

IMPORT AND Other

EXPORT PER Income

Interest
Received

Reimbursable
Revenue

Bank
14,718.67

16.00

Date
4/1/2012
5/1/2012
10/1/2012

200.00
32.00
347.00
11/1/2012

56.00
1,456.00
32.00
412.00
853.00

13/1/12
105.00
378.00
125.00
125.00
16.00

18/1/12
1,106.00
3,872.00

24.00

2,563.00

37,600.00
10,013.00
4,200.00
54,999.00

0.00
37,600.00
10,013.00
4,200.00
54,999.00

0.00

2,563.00
15.64

15.64

19/1/12

20/1/12

23/1/12
26/1/12

27/1/12

30/1/12

132,858.31
2,969.00

106,812.00

15.64

0.00

Detail
Redan
Bank
Laiza's food services
Econet
Laiza's food services
Bank
Armyworm
Laiza's food services
Head office
Netone
Bank
T&S
AMC
Copier parts
Airtime allowance
Bank
AFSTA allowances
Bank
Mtetwa E
Gubunje E
Chisenga D
Dube P
Mutetwa E
Chigwendre T
Chinyauro D
Muchokomori T
Zaranyika M
Chakanyuka T
Chigeregede S
Mutangabende N
Roadsite Pvt ltd
Redstar
CMED
Seed Potato coop
T&S
Toyota
Econet
Farmec

Cheque
Number

Bank
Amount

LABORATORY REPAIR
&CONSUMAB &MAINTANAN OFFICE
TRAVEL &
LES
CE
&STATIONERY SUBSISTANCE
2,580.00

200.00
309.00
20.00
21.00
347.00
236.00
44.00
1,456.00
544.00
118.00
412.00
378.00

3,244.00
840.00
1
1
1

562.00
192.00
40.00
219.00

Document Support cntr

Printflow
National tyres
Adv T&S
Iwayafrica
Laiza's food
Tristar insurance
Bank
Bank
Laiza's food
zinnara
James North
Laiza's food
PQS
redstar
AMTEC
T&S

1,150.00
764.00
2
2
2

1,240.00
535.00
617.00
1,895.00
125.00
1,106.00

3
3
3
4
6

480.00
25.00
35.00
215.00
406.00
2,565.00

5
5

224.00
10.00

Adan Bede
Commission

Balance C/D

88.00
4,112.00
5,318.00

8,173.00

3,827.00

1,812.00

Other
Expenditure

10,000.00
728.00

920.00
118.00
900.00
6,860.00
1,960.00
1,960.00
1,960.00
1,960.00
1,960.00
1,960.00
1,960.00
1,960.00
980.00
1,960.00
1,960.00
1,960.00
4,175.00
2,565.00

Bank
Charges

Reimbursable
Expenditure

Bank
2,580.00
309.00
20.00
21.00
10,000.00
236.00
728.00
44.00
920.00
544.00
236.00
900.00
6,860.00
1,960.00
1,960.00
1,960.00
1,960.00
1,960.00
1,960.00
1,960.00
1,960.00
980.00
1,960.00
1,960.00
1,960.00
4,175.00
2,565.00
3,244.00
840.00
562.00
192.00
40.00
219.00
-

2,000.00
1,150.00
764.00
1,240.00
535.00
617.00
1,895.00

2,000.00

480.00
25.00
35.00
215.00
406.00
2,565.00
224.00
10.00
5,000.00
398.21
57,524.10
132,858.31

5,000.00
398.21

55,806.00

398.21

0.00

SEED SERVICES INSTITUTE

Trial Balance as at: January 31, 2012

Detail
SEED TESTING
FIELLD INSPECTION
LICENCING
IMPORT AND EXPORT PER
Other Income
Interest Received
Trade and other receivables
Retained Earnings
Long-term borrowings
Short-term borrowings
LABORATORY&CONSUMABLES
REPAIR &MAINTANANCE
OFFICE &STATIONERY
TRAVEL & SUBSISTANCE
Other Expenditure
Bank Charges
Trade and other payables
Plant, Property and Equipment
Investments
Inventory
Cash and Cash Equivalent

DR

CR
2,665.00
3,936.00
1,830.00
2,969.00
106,812.00
15.64
0.00
14,718.67

5,318.00
8,173.00
3,827.00
1,812.00
53,806.00
398.21
0.00
2,000.00

57,612.10
132,946.31 132,946.31

SEED SERVICES INSITUTE

Statement of Comprehensive Income for the month ending:January 31, 2012
Detail
Note
Revenue
Revenue from External Customers
Inter-project revenue
Interest revenue
Other income
Trade and other receivables
Total Revenue

(2)

(3)

2010
US$

2009
US$

118,227.64
0.00
0.00
0.00
0.00
118,227.64

0.00

Less Expenses:
LABORATORY&CONSUMABLES
REPAIR &MAINTANANCE
OFFICE &STATIONERY
TRAVEL & SUBSISTANCE
Other Expenditure
Bank Charges

5,318.00
8,173.00
3,827.00
1,812.00
53,806.00
398.21

Total Expenses
Excess/(Deficit) revenue over expenses

73,334.21
44,893.43

Retained at the beginning of the period

Retained at the end of the period

14,718.67
57,612.10

0.00
0.00

SEED SERVICES INSTITUTE

Statement of Financial Position as at January 31, 2012

Note
ASSETS

2010
US$

NON-CURRENT ASSETS
Property, Plant and Equipment
Investments

2,000.00
2,000.00
0.00

0.00

57,612.10
0.00
0.00
57,612.10

0.00

59,612.10

0.00

57,612.10
57,612.10

0.00

NON-CURRENT LIABILITIES
Long-term borrowings

0.00
0.00

0.00

CURRENT LIABILITIES
Trade and Other Payables
Short-term borrowings

0.00
0.00
0.00

0.00

57,612.10

0.00

CURRENT ASSETS
Inventories
Trade and Other Receivables
Cash and Cash Equivalent
TOTAL ASSETS

(4)

(5)

2009
US$

EQUITY AND LIABILITIES

EQUITY AND RESERVES
Retained Earnings

TOTAL EQUITY AND LIABILITIES

SEED SERVICES INSTITUTE

Statement of Cash Flows as at:January 31, 2012

Cash Generated from Operations

Adjustable Items
Interest (Investment) Received
Interest (Financing) Paid
Increase in accounts receivable
Decrease in accounts receivable
Dividends Received
Dividends Paid
Net Cash Inflow from Operating Activities
Cash inflow/outflow from Investing Activities
Cash receipts from Disposal of PPE
Cash used on Purchase of PPE
Net Cash Outflow from Investing Activities
Cash Inflow/Outflow from Financing Activities
Cash receipts from issue of shares
Cash paid on redemption of shares
Net Cash Inflow from Financing Activities
Increase in Cash and Cash Equivalent
Cash and Cash Equivalent at the beginning of the period
Cash and Cash Equivalent at the end of the period

2010
US$
44,893.43

2009
US$

44,893.43

0.00

0.00
2,000.00
-2,000.00

0.00

0.00
0.00
0.00

0.00

42,893.43
14,718.67
57,612.10

0.00
0.00

SEED SERVICES INSTITUTE

NOTES
(4) Property, Plant and Equipment

Balance at Beginning of period

Cost
Accumulated depreciation
Additions
Disposals
Current period Depreciation
Balance at the end of the period
Cost
Accumulated depreciation
(5) Other Expenditure
Balance B/D
Heaters & Dessicators
Less:Payments
Balance on other costs
(6) other Income
Balance b/d
Add:Other Incomes
Balance c/d
Accounts Payables
Balance B/D
Add:Receipts
Less:Payables
Balance C/D
(6) Accounts receivables
Balance B/D
Add:receivables
Less: Receipts
Balance C/D

Vehicles Equipment Furniture

Total
US$
US$
US$
US$
53,490.00 16,625.00 7,560.00 77,675.00
53,490.00 16,625.00 7,560.00 77,675.00
0.00
0.00
0.00 2,000.00 2,000.00
0.00
0.00
53,490.00 16,625.00 9,560.00 79,675.00
53,490.00 16,625.00 9,560.00 79,675.00
0.00
0.00
0.00
0.00

53,806.00
53,806.00

13500.52
8,251.67
2,090.00
19,662.19

BANK RECONCILIATION STATEMENT FOR THE MONTH ENDED January 31, 2012
US$

BALANCE AS PER CASKBOOK

ADD:INTEREST RECEIVED
LESS :BANK CHARGES

BALANCE AS PER BANK STATEMENT

US$

57,612.10
-

57,612.10