Administrative Expenses

Particulars
Auditor fees
telephone
depreciation on :
(i)Misc fixed Assets
(iii)Computer
(v)interior(including furniture)
(vi)Equipments
salary
electricity exp
interest cost
Rental expenses
Repairs and maintenance
printing and stationery expenses
miscellaneous expenses
Total

Year1

year2

year3

year4

year5

9000
7000

9000
7210

9000
7426

9000
7649

9000
7879

10330
12000
25000
54768
432000
36000
45012
450000
25000
2300
16268

9297
3200
22500
46553
460800
39600
36012
486000
25000
2346
17895

8367
1920
20250
39570
522240
40392
27012
524880
30000
2393
19684

7531
1152
18225
33634
621984
41200
18012
566870
35000
2441
21653

6778
691
16403
28589
712262
42024
9012
612220
35000
2490
23818

1124678

1165413

1253135

1384351

1506165

Selling & Distribution O/H

Particulars
Leaflets

Year1
30000

Total

30000

Year2
Year3
Year4
Year5
30000
24000
24000
31400

30000

24000

24000

31400

Prelimnary expenses
Particulars

Year1

Registration fees
Legal charges

2000
4000

Total

6000

MEMBERSHIP FEES

year1
year2
year3
year4
year5

RATE PER MONTH

700
750
750
800
800

maximum members Total

130
1092000
160
1440000
160
1440000
160
1536000
160
1536000

3%

2%

Rental expenses
Particulars
ahemdabad(3500 sq ft)

year 1

year2

450000

486000

year 3
524880

year 4
566870

year5
612220

8%

Salary Expenses

Designation
manager cum dietician
gym instructors
Receptionist

Total

salary p.m
Annual
no.of
per
total
salary
employees employee salary
year 1
Year 2
Year 3
1
15000
15000
180000
192000
228000
4
4500
18000
216000
230400
253440
1
3000
3000
36000
38400
40800

22500

36000

432000

460800

522240

ELECTRICITY EXPENSES
Units Cosumed

Total cost
Unit Price p.m
year1
YEAR2
YEAR 3 YEAR 4
400
7.5
3000
36000
39600
40392
41200

Year 4
Year 5
300000
360000
278784
306662
43200
45600

621984

712262

YEAR 5
42024

10%

Salary
incremen
t p.m
p.emp

salary
incre
total

2
16000
4800
3200

3
19000
5280
3400

4
25000
5808
3600

5
30000
6389
3800

10%

Plant and machinery

Name
Gymnasium equipments
Treadmills
Recumbent bike
Multistation gym
Upright bike
Spin bike
Air walker
Slide walker
Ab twister
Abdominal exerciser
Dumbells
Swing Exerciser

Total

units
2
1
1
1
1
1
1
1
1
10
1

unit price
100000
19350
64500
19300
10750
14000
14920
6230
1980
850
5590

total cost(year1)
200000
19350
64500
19300
10750
14000
14920
6230
1980
8500
5590

365120

Depreciation schedule
Equipments
Opening
Year
WDV
1
2
3
4
5

addition

365120
310352
263799
224229
190595

0
0
0
0
0

Interior(including furniture)
Opening
Year
WDV
addition
1
2
3
4
5

250000
225000
202500
182250
164025

0
0
0
0
0

0
0
0
0
0

103300
92970
83673
75306
67775

0
0
0
0
0

250000
225000
202500
182250
164025

DV for
the year

disposal
0
0
0
0
0

365120
310352
263799
224229
190595

DV for
the year

disposal

Miscellaneous fixed assets

Opening
Year
WDV
addition
1
2
3
4
5

DV for
the year

disposal

0
0
0
0
0

103300
92970
83673
75306
67775

Depreciat Closing
ion
WDV
54768
46553
39570
33634
28589

310352
263799
224229
190595
162006

Depreciat Closing
ion
WDV
25000
22500
20250
18225
16403

225000
202500
182250
164025
147622

Depreciat Closing
ion
WDV
10330
9297
8367
7531
6778

92970
83673
75306
67775
60997

Computer
Opening
WDV

Year
1
2
3
4
5

20000
8000
4800
2880
1728

addition

DV for
the year

disposal
0
0
0
0
0

0
0
0
0
0

20000
8000
4800
2880
1728

Depreciat Closing
ion
WDV
12000
3200
1920
1152
691

8000
4800
2880
1728
1037

Fixed Assets

Year
1 year
2 year
3 year
4 year
5 year

Gross
Block
738420
636322
554772
484665
424123

Depreciat
ion
Net Block
102098
81550
70107
60542
52461

636322
554772
484665
424123
371662

Miscellaneous expenses
misc expenses
Room freshner
Door mates
First aid box
Towels
Soap
Sweeping materials
Buckets
Pillows

Quantities

price
60
6
1
32
72
24
10
20

120
110
750
120
15
12
65
90

Total

amount(YR1) YEAR2

10
15
4
2
6
2

20
30
80
90
175
50

YEAR4

YEAR5

7200
660
750
3840
1080
288
650
1800

16268

17895

200
450
320
180
1050
100

2300

Stationery items
Files
Registers
Paper weight
Punching machine
Printer cartridges
Pen box

YEAR3

19684

21653

23818

10%

miscellaneous fixed asset

misc fixed assets
Fans
Clock
Water purifier
Fire extenguisher
Vaccum cleaner
Lockers
A/C
Music system
Weight machine
TOTAL

QUANTITY
4
5
2
3
1
2
1
1
1

PRICE
1200
300
2500
7500
4500
4000
20000
30000
7000

AMOUNT
4800
1500
5000
22500
4500
8000
20000
30000
7000
103300

Working capital requirement

year1
1)

debtors

Debtors

wc requirement

2)

creditors

Creditors

WC requirement

3)

Expenses

year2

year3

year4

year5
Time lag periods - days

54600

72000

72000

76800

76800 debtors
creditors
salary
Overheads

1 Salary
wc requirement

54600

72000

72000

76800

76800

432000
10080

460800
10752

522240
12186

621984
14513

712262
16619

25000
1250

25000
1250

30000
1500

35000
1750

35000
1750

2 other overhead exps

wc requirement

Statement showing working capital requirement

Particulars

Days

1st year

2nd year 3rd year

4th year

current assets
Debtors
Cash Balance
Total (A)
Less:
Current Liability
Creditors
Outstanding Exps.
Salary
other overhead
Total (B)
Working capital requirement
Net working capital
less:opening working capital

15

54600
12000
66600

72000
12000
88800

72000
12000
88800

76800
12000
88800

15

54600

72000

72000

76800

7
15

10080
1250

10752
1250

12186
1500

14513
1750

65930

84002

85686 93062.96

670
670
0

4798
4798
670

3114
3114
4128

-4263
-4263
-1014

changes in working capital

670

4128

-1014

-3249

70% loan to be taken

30% margin

469
201

3359
1439

2180
934

-2984
-1279

-4128

1684

7377

cost of project
1 Year
Rs.

Particulars
Fixed Assets
Interior(incl furniture)
miscellaneous assets
plant and machinery
Computer

250000
103300
365120
20000
738420
201

Working capital
Preliminary Expense
Registration fees
Legal Charges

2000
4000

6000

Total

744621

From the share capital

From the Loan(60%)

294621
450000

Time lag periods - days

15
15
7
15

5th year

76800
12000
88800

76800
16619
1750
95169
-6369
-6369
-3249

-3120
-4459
-1911
2106

Profit and Loss a/c

Particulars

1st year

2nd year

3rd year

4th year

5th year

A. INCOMES :
1092000

1440000

1440000

1536000

1092000

1440000

1440000

1536000

1536000

Administration Exps.
Selling and Distribution Exps.
Preliminary Exps written off

1124678
30000
1200

1165413
30000
1200

1253135
24000
1200

1384351
24000
1200

1506165
31400
1200

TOTAL RS.

1155878

1196613

1278335

1409551

1538765

Profit/(Loss) before taxation

-63878

243387

161666

126449

-2765

Provision for Taxation

Profit/(Loss) after taxation

-19738
-44140

75207
168181

49955
111711

39073
87376

-855
-1911

-44140

124041

235752

323128

Profit/(Loss) Available For Appropriation

-44140

124041

235752

323128

321217

APPROPRIATION :
Balance Carried to Balance Sheet

-44140

124041

235752

323128

321217

Membership fees

TOTAL RS.

1536000

B. EXPENDITURES :

Profit/(loss) B/f from previous year

year1

Particulars

year2

year3

year4

SOURCE OF FUND
Share holder's Fund
Partner's Capital
Reserve & Surplus (profit from the profit and loss a/c)

294621
-44140

294621
124041

294621
235752

294621
323128

Loan Funds
Secured Loans

450000

360000

270000

180000

700481

778662

800373

797749

738420
102098
636322

636322
81550
554772

554772
70107
484665

484665
60542
424123

54600
71158
125758

72000
227961
299961

72000
321993
393993

76800
384360
461160

Less: Current Liabilities and provisions

Creditors
O/S Salary
O/S Overheads
bank o/d
Current Liabilities(B)

54600
10080
1250
469
66399

72000
10752
1250
469
84471

72000
12186
1500
469
86155

76800
14513
1750
469
93532

NET CURRENT ASSETS

59359

215490

307838

367628

6000
-1200
4800
700481

4800
-1200
3600
773862

3600
-1200
2400
794903

2400
-1200
1200
792951

4800

5470

4798

TAX LIABILITIES

TOTAL RS.
APPLICATION OF FUNDS
Fixed Assets
Gross Block
Less : Depreciation
Net Block
Loans, Advances & Deposits

Current Assets, Loans and advances

Sundry Debtors
Cash & Bank Balances
Current Assets (A)

Preliminary Expenses
Less preliminary exp w/o
balance of the preliminary exp

TOTAL RS.

year5

294621
321217

90000

705838

424123
52461
371662

76800
349230
426030

76800
16619
1750
469
95638
330392
1200
-1200
0
702054
3784

Cash flow Statement

Particulars

year1

year2

year3

Cash Flow from Operating Activities

Net profit before Tax and extraordinary activities
Adjustments :
non cash expenditure
depreciation on the fixed assets
preliminary expense written off
capital gain / loss
add:interest paid
less: interest received
Change in working capital
Less : tax paid during the year
Net cash flow from operating activities
Cash flow from investing activities
outflow
Purchase of fixed assets
payment of preliminary exp

-63878

243387

161666

102098
1200
0
45012
0
-670

81550
1200

70107
1200

36012

27012

-4128

1014

19738

-75207

-49955

103500

282815

211043

-744420

-45012
0

-36012
-90000

-27012
-90000

469
450000
294621
700078

-126012

-117012

59158
12000
71158

156803
71158
227961

94031
227961
321993

-738420
-6000

Inflow
Net cash flow from investing activities

Cash flow from financing activities

outflow
interest paid
repayment of secured loan
Inflow
loan taken
for the working capital
for the cost of project
Share capital
Net cash flow from financing activities activities
Net Cash Flow from all the actitvity
Add:opening balance of cash and cash equivalents
Closing balance of cash and cash equivalents

year4

year5

126449

-2765

60542
1200

52461
1200

18012

9012

3249

3120

-39073

855

170380

63882

-18012
-90000

-9012
-90000

-108012

-99012

62368
321993
384360

-35130
384360
349230

Interest on loan
Particulars
Loan
repayment of loan(1/5)
repayment of loan (1/5)
repayment of loan (1/5)
repayment of loan (1/5)
repayment of loan (1/5)

AMOUNT
450000
90000
360000
90000
270000
90000
180000
90000
90000
90000
0

INTEREST

int in bank o/d

TOTAL

45000

12

45012

36000

12

36012

27000

12

27012

18000

12

18012

9000

12

9012