Global Engineering Associates and Creative Engineering Consultancy JV

Handigaun,Kathmandu, Nepal
Balance sheet
FY 2074/2075
Fy: 2074 Shrawan 1st to End of Ashadh 2075

Current Year Previous Year

S.N. Particular Sch.
074/075 073/074
1 Source of Fund
Capital Fund 50,000.00 50,000.00
Secured Loan 0.00 0.00
Unsecured Loan 0.00 0.00
Reserve and Surplus (6,242.25) (1,242.25)
Sub Total 43,757.75 48,757.75
2 Application of Fund
Fixed Assets(Net) 0.00 0.00
Current Assets
Sundry Debtor's 0.00 0.00
Advance & Deposit 3 12,245.00 12,245.00
Closing Stock 0.00 0.00
Cash & Bank 36,512.75 41,512.75
Sub Total 48,757.75 53,757.75
3 Less : Current Liabilities
TDS Payable 1 750.00 750.00
Other Payable 2 4,250.00 4,250.00
Sub Total 5,000.00 5,000.00
Total Source of Fund (CA-CL) 43,757.75 48,757.75

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Accountant Chairman Auditor
Global Engineering Associates and Creative Engineering Consultancy JV
Handigaun,Kathmandu, Nepal
Income Statement
FY 2074/2075
Fy: 2074 Shrawan 1st to End of Ashadh 2075

S.N. Particular Sch. Current Year Previous Year

074/075 073/074
1 Income
a.Sales 0.00 0.00
b. Less: Cost of Goods Sold 0.00 0.00
Sub Total 0.00 0.00
2 Expenditure
a. Administrative Exp. 5,000.00 5,000.00
b. Depreciation 0.00 0.00
c.Bank Interest 0.00 0.00
d.Repair and Maintenance 0.00 0.00
Sub Total 5,000.00 5,000.00
3 Net Profit/ Loss A/c
a. Net Profit /Loss before Tax (5,000.00) (5,000.00)
Less. Income Tax Provision 0.00 0.00
c. Net Profit/Loss after Tax (5,000.00) (5,000.00)
d. Net Profit/Loss Previous Year (1,242.25) 3,757.75
Sub Total (6,242.25) (1,242.25)
Net Profit/ Loss To BS (6,242.25) (1,242.25)

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Accountant Chairman Auditor
 Global Engineering Associates and Creative Engineering Consultancy JV
Handigaun,Kathmandu, Nepal
Income Statement
FY 2074/2075
Fy: 2074 Shrawan 1st to End of Ashadh 2075

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Global Engineering Associates and Creative Engineering Consultancy JV
Handigaun,Kathmandu, Nepal
Schedule related to Balance Sheet
FY 2074/2075
Fy: 2074 Shrawan 1st to End of Ashadh 2075

TDS Payable Schedule:1

S.N. Particular Current Year Previous Year

1 TDS Payable on Audit Fee 750 750
2 TDS Payable on House Rent ` 0 0
3 TDS Salary 0 0
Total 750 750

Trade and Other Payable Schedule:2

S.N. Particular Current Year Previous Year
1 Audit Fee 4250 4250
2 Income Tax Provision 0 0
Total 4250 4250

Advance & Deposit Schedule:3

S.N. Particular Current Year Previous Year
1 Prepaid Tax 12245 12245
Total 12245 12245

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Accountant Chairman Auditor
 Global Engineering Associates and Creative Engineering Consultancy JV
Handigaun,Kathmandu, Nepal
Schedule related to Balance Sheet
FY 2074/2075
Fy: 2074 Shrawan 1st to End of Ashadh 2075

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Global Engineering Associates and Creative Engineering Consultancy JV
Handigaun,Kathmandu, Nepal
Cashflow Statement
FY 2074/2075
Fy: 2074 Shrawan 1st to End of Ashadh 2075

S.N. Particular Amount Amount

Opening Cash & Bank Balance 41512.75
1 Cash In Flow
a. Change in Share Capital 0.00
b. Change in Reserve and Surplus (5000.00)
C. Change in Secured Loan 0.00
d. Change in Current Liabilities 0.00
e. Change in Unsecured Loan 0.00

Sub Total (5000.00) 36512.75

2 Cash out Flow
a.Change in Fixed Assets 0.00
b.Change in Advance and Deposit 0.00
c. Change in Sundry Debtors 0.00
c.Change in Closing Stock 0.00
Sub Total 0.00
Closing Cash & Bank 36512.75

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Accountant Chairman Auditor

Global Engineering Associates and Creative Engineering Consultancy JV
Handigaun,Kathmandu, Nepal
Administrative Expenses
FY 2074/2075
Fy: 2074 Shrawan 1st to End of Ashadh 2075

Particular Current Year Previous Year

Salary & Allowances 0 0

House Rent 0 0
Tours & Travelling 0 0
Stationary 0 0
Telephone 0 0
Insurance 0 0
Printing 0 0
Misc.Expenses 0 0
Audit Fee 5000 5000
Total 5000 5000

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Accountant Chairman Auditor