SR GARMENTS

(PROP : KAPIL MITTAL)

ADDRESS:E 16/1124,BAPA NAGAR,TANK ROAD,KAROL BAGH,DELHI-110005

TRADING, PROFIT & LOSS A/C FOR THE YEAR ENDED 31.03.2020

PARTICULARS AMOUNT PARTICULARS AMOUNT

To Opening Stock 12,239,200.78 Sales 33,327,117.00

To Purchases 27,831,154.60 Closing Stock 11,218,777.64

To Direct Expense 262,640.00

To Gross Profit C/d 4,212,899.26

44,545,894.64 44,545,894.64

To Salary & Wages 344,504.00 By Gross Profit B/d 4,212,899.26

To Accounting Charges 165,000.00 By Amount w/off 56.65

To Bank Charges 18,617.88

To Employer Contribution to PF 40,457.00

To ESIC 11,205.00

To Bank Processing Fees 122,329.00

To Documentation Charges 2,065.00

To Insurance Charges 14,931.00

To Discount 65.00

To Audit Expenses 15,000.00

To Rent 917,250.00

To Electricity Charges 17,342.12

To Interest on Loan 641,631.25

To License Fees 4,508.00

To Machine Swapping Charges 11,510.00

To Office Exps 26,632.00

To Printing & Stationery 5,064.00

To Mobile & Telephone Expenses 5,519.00

To Miscellenous Expenses 30,713.00

To Depreciation 284,513.36

To Net Profit 1,534,099.30

4,212,955.91 - 4,212,955.91

Note : Compiled on the basis of Books of Account & record produced before us

Place: Varanasi FOR SR GARMENTS For Jamuna Shukla & Associates

Date: 12.01.2021 Chartered Accountants
Proprietor (Shruti Agrawal)
Partner
M.No.436386
UDIN No.21436386AAAAAA4903
 SR GARMENTS
(PROP : KAPIL MITTAL)
ADDRESS:E-H16/85/86,GF,TANK ROAD,KAROL BAGH,KAROL BAGH,Central Delhi,DELHI,110005

BALANCE SHEET AS AT 31.03.2020

LIABILITIES AMOUNT ASSETS AMOUNT

CAPITAL A/C 9,581,033.87 Fixed Assets 1,596,507.87

(Schedule-1) (Schedule-7)

SECURED LOAN 7,606,889.72 Investment

(Schedule-2)
Bharat Cooperative-Share 20,000.00
UNSECURED LOAN 2,539,924.00
(Schedule-3) Gold 98,922.00

CURRENT LIABILITIES Fixed Deposit 100,000.00 218,922.00

Sundry Creditors 3,714,068.90
(Schedule-4) CURRENT ASSETS
Closing Stock 11,218,777.64
Expense Payable 321,886.00 (As Certified by the Proprietor)
(Schedule-5)
Sundry Debtors 5,847,137.27
Advance from Customers 1,282,446.27 (Schedule-8)
(Schedule-6)
Loans & Advances

GST Receivable 206,288.92

Other Advances 960,784.00

(Schedule-9)

Advance to Supplier 4,687,351.73

(Schedule-10)

Cash & Bank Balances

Bandhan Bank 30,729.70
DNSB 175.00
HDFC Bank 107,938.93
ICICI Bank Ltd 1,445.00
Kotak Mahindra Bank 156,494.70
Cash In Hand 13,696.00 310,479.33

25,046,248.76 - 25,046,248.76

Note : Compiled on the basis of Books of account & record produced before us.

Place: Varanasi For SR GARMENTS For Jamuna Shukla & Associates

Date: 12.01.2021 Chartered Accountants

Proprietor (Shruti Agrawal)

Partner
M.No.436386
UDIN No.21436386AAAAAA4903
SCHEDULE-1

CAPITAL A/C
Kapil Mittal B/f 10,884,760.16
Add: Net Profit 1,534,099.30
Amt w/off 612.41
12,419,471.87
Less: Withdrawals 2,838,438.00
9,581,033.87

SCHEDULE-2

SECURED LOAN

ICICI Bank Loan 870,680.00

Bandhan Bank Loan 575,078.00
CLIX Capital Services Pvt Ltd 832,008.67
Loan Against FD 90,000.00
India Bulls Con. Finance 456,790.00
India Infoline 294,099.20
India Infoline Finance Ltd 1,055,998.10
Lending Kart 1,142,571.10
Magma Finance Corp Ltd 924,891.41
Tata Capital Finance Services 690,230.00
HDFC Bank Car Loan 525,736.08
ICICI Bank OD Loan 148,807.16

7,606,889.72
SCHEDULE-3

UNSECURED LOAN
Raj Kumar Mittal 135,000.00
Satendra Mittal 13,500.00
Vandana Chauhan 102,000.00
Anuradha Bansal 1,000,000.00
Mohd Salim 243,924.00
Saurabh Jain 452,500.00
Shri Haridas 450,000.00
Uma Gupta 93,000.00
Vicky 50,000.00

2,539,924.00 2,489,924.00 50,000.00

SCHEDULE-4
SUNDRY CREDITORS

ANITA CLOTHING COMPANY 285,896.00

A AND D TRADEWALL 150,000.00
ALAM ENTERPRISES 47,618.00
Aman Garments 33,600.00
Brother Enterprises 326,377.00
DIVYA ENTERPRISES 25,830.00
D.P.CREATION (BHIKAM) 147,800.00
MANGLAM TEX FAB 801,710.33
MONIKA ENTERPRISES 59,282.88
M/S DEODIYA CLOTHSHOP) 54,000.00
RADHEYKESHAV TEXTECH PVT LTD 408,792.32
SARGAM ELECTRONICS 21,200.00
SHIVAM TEXTILES 142,083.00
SHRI HARIDAS ENTERPRISES 1,179,130.12
S K ENTERPRISES(BIHAR) 21,749.25
SMART COMPUTERS 9,000.00
3,714,068.90
SCHEDULE-5

EXPENSE PAYABLE

SALARY PAYABLE 296,674.00

AUDIT EXPENSES PAYABLE 15,000.00
EPF PAYABLE 6,923.00
ESIC PAYABLE 3,289.00

321,886.00

SCHEDULE-6

ADVANCE FROM CUSTOMER

ANIL KUMAR 40,162.00
ANKIT VIJAY 3,646.12
ANKUR AGGRWAL 350,000.00
COTTON KING 90,612.75
ELEGANT PARADISE 19,480.00
FARID 1,337.00
FASHION HUT 18,562.50
FIROZ AHAMA 50,030.00
KUMAR GARMENTS 12,993.00
LAKHI BASTRALAY 217.26
MAHESH CHILAKANI 50,000.00
M.S CLOTHING 230,135.00
M/S LOOK@ME 755.00
MUNNI DEVI 20,500.00
Nazeer Boutique 3,316.42
NEW FASHION POINT 31,840.00
PADAMARAM 4,930.00
PARAM PARA DRESS COLLECTION 20,000.00
PRINCE COLLECTION 29,544.00
Ravi Choudhary 5,000.00
ROHIT GUPTA 20,000.00
SANTOSH KUMAR GUPTA 40,000.00
SHOWKET AHMAD BHAT 387.00
SHOW OFF 4,434.47
SHRIYAM KHANDELWAL 20,000.00
Smarty Brothers 88,363.75
SRI NOOKAMBICA MENS WEAR 18,240.00
SUHAIL AHMED SOFI 20,000.00
SUMANGAL 22,160.00
VIJAY KAKKAR 49,000.00
YANKEY JEANS 16,800.00

1,282,446.27
Schedule -9
OTHER ADVANCES

AGGARWAL 60,200.00
BHIKAM (DASTI) 100,000.00
DEEPAK BANSAL 25,000.00
DEEPIKA GOEL 37,600.00
MITTALS (DASTI) 60,000.00
NITIN AGGRAWAL 105,784.00
YOGESH KUMAR GUPTA 305,500.00
SUMAN MITTAL 220,000.00
GAURAV CHAUHAN 46,700.00

960,784.00
SCHEDULE-10
ADVANCE TO SUPPLIER
ANITA TRADING COMPANY 280,798.14
AGGARWAL TRADING CO. 99,055.66
Bhawna Textiles 742,014.00
GIYAN 321,000.00
MITTALS 685,000.00
NIRAJ JI AGGARWAL 25,000.00
S.K ENTERPRISES 579,954.60
USHA FABRIC 1,954,529.33
4,687,351.73
 SR GARMENTS
PROPRIETOR: KAPIL MITTAL
Schedule 7 of Fixed Assets as on 31.3.2020

PARTICULARS Rate (%) Op. Balance Add. Ist Half Add. IInd Half Depreciation Closing Balance

Bar Code Printer 15% - 7,627.12 - 1,144.07 6,483.05

Industrial Cutting Machine 15% 967,500.00 145,125.00 822,375.00

LED Panasonic 15% - - 15,254.24 1,144.07 14,110.17

Air Conditioner 15% 26,953.13 - - 4,042.97 22,910.16

Mobile 15% 23,205.36 - - 3,480.80 19,724.56

Speaker 15% - - 2,711.86 203.39 2,508.47

Usha Dispenser 15% 6,250.00 - - 937.50 5,312.50

Tally Software 40% 14,830.52 5,932.21 8,898.31

Maruti Ertiga Smart 15% - 816,689.00 - 122,503.35 694,185.65

Totals 1,038,739.01 824,316.12 17,966.10 284,513.36 1,596,507.87

 SR GARMENTS
(PROP:KAPIL MITTAL)
Schedule 8
LIST OF DEBTORS AS ON 31.03.2020

PARTICULARS AMOUNT(Rs.)

A AMBER COLLECTION 5,909.18

Agarwals Fashion Hub 3,053.12
Ajay Garments 8,902.00
AKASH BAZAR 5,995.53
ANAND GARMENTS 20,081.25
ANAND GARMENTS 1,790.50
ANIL GARMENTS 9,720.00
ANIL KESHRWANI 10,158.75
ANSHA FASHION 3,549.28
AR Fashion of Freedom 19,778.50
Ashish Jain 10,158.75
AVINASH KASAUNDHAN 3,546.68
BAJAJ COLLECTION 14,278.86
BALAJI JEANS COLLECTION 3,633.03
BATRA EMPORIUM 2,365.44
BAWA COLLECTION 21,994.58
BHAI JI GARMENTS 22,218.00
BHARAT CHHABRA 11,103.75
BHAVYA ENTERPRISES 5,197.50
BIG CHANDNI DRESSES 11,958.46
BIG FASHION LOOK 3,546.68
BIG ZONE 608.58
BIHTA ENTERPRISES 7,415.00
BOLLYWOOD STYLE 4,477.85
BORAN FASHION 31,175.31
CHANDANI DRESES 15,352.10
CHARLE OUT FIT 15,636.25
CITY FASHION KATIHAR 14,647.50
DAS TRADERS 3,633.03
DEEPAK JOSHI 2,879.10
DEEPANSH FASHION 6,026.07
DELHI 6 3,786.69
DELHI FAISHION 6,368.00
DELHI JEANS HOUSE 22,666.76
DESI BOYS MENS WEAR 46,777.50
DESI GARMENTS 15,356.25
DHAWAN GARMENTS AND TRADERS 21,735.25
dheeraj enterprises 20,317.50
DRESS POINT 45,123.75
DWARIKA & SONS 9,775.00
Fashion HUB 49,073.67
Fashion of Freedom 12,186.42
FASHION PARK 6,183.75
Fashion Point 3,325.59
FASHION POINT 12,048.75
Fashion-X2 23,152.50
FASHION ZONE 20,790.00
FUNKY LOOK 10,159.50
GARG READYMADE HOUSE 2,065.65
GAUTAM KUMAR KASERA 17,955.00
GENRAL LEDGER (KOTAK BANK) 1,195.00
GENX FASHION HUB 5,298.75
GIRLS PLANET 40,088.75
GOYAL GARMENT 34,016.93
GULATI GARMENTS 3,080.21
GUPTA APPARELS 16,537.50
GURUKRIPA MENSWEAR PROP JEWATRAM 21,262.50
HABIB DRESSES 42,121.10
Hangover Fashion 20,081.25
HEART BEAT MEN'S ZONE 3,904.67
JAI DURGA GARMENTS 28,382.00
JARAIKELA INDANE GRAMIN VITRAK 12,380.00
JASIF HUSSAIN 20,081.25
JEANS 4 YOU 12,993.75
JHULELAL ENTERPRISES 980.50
JINS BAZAR 31,185.00
JUBER ANSARI 7,087.50
JYOTI CLOTH HOUSE 10,631.25
KING & QUEEN LIFESTYLE 49,140.25
KOHINOOR GARMENTS 20,081.25
KRISHNA COLLECTION 22,431.00
Krushi Readymade Dresses 49,848.75
LAKSHAY AND KOHLI COLLECTION 8,268.76
LUCKY FASHION MEN'S WEAR 31,602.71
MAA DURGA GARMENTS 18,500.50
MAHARAJA GARMENTS 13,938.75
MAHESH RAJAK 25,042.50
MANBHARI FASHION 13,897.72
MANISH DRESSES 11,103.75
Manish Kumar Mourya 31,185.00
Md Shahid 8,298.35
MILAN VASTRA KENDRA 25,987.50
Mittal Cloth Store 12,912.57
MOHIT DHING ACCOUNT 35,000.00
M/S 999 TRIPLE NINE GENTS WEAR 583,277.75
M/S. A A COLLECTION 12,993.75
M/S AMAN COLLECTION 6,608.30
M/S BAJRANG DRESSES 2,464.11
M/S BAPU MENS WEAR 39,195.00
M/S BHADAURIYA FASHION HOUSE 279.00
M/S BINDASS FASHION TARMINAL 25,042.50
M/S BOLLYWOOD STYLE 3,345.00
M/S BOYS COLLECTION 16,301.25
M/S BOYS ZONE 16,057.00
M/S BUDDIES 9,213.75
M/S CHAND GARMENTS 15,120.00
M/S CLASIC LOOK 30,039.63
M/S DINESH TRADERS 51,768.75
M/S FACTORY OUTLET 7,553.55
M/S GALAXY MENS WEAR 7,679.12
M/S GANESH GARMENT 25,042.50
M/S GARMENT HOUSE 24,360.00
M/S GUPTA GARMENTS 18,903.75
M/S GUPTA READYMADE STORES 11,576.25
M/S HELLO BROTHER MENS WEAR 5,772.00
M/S ISHAN FASHION 22,207.50
M/S JAISWAL COLLECTION 813.42
M/S KABIR 20,081.25
M/S KHATOLIYA FASHION POINT -HINDAU 19,372.50
M/S LAVKUSH GUPTA & SONS 13,466.25
M/S MAHA LAXMI GARMENTS 3,805.20
M/S MAHI FASHION,JWALA LINE ,RAMNAG 4,675.00
M/S NAZEER BOUTIQUE 60,741.70
M/S New Pappu Readymade Store 7,175.22
M/S PRAVEEN DRESSES 25,278.75
M/S RAJ COLLECTION (ALD) 3,374.97
M/S RAJNI GARMENTS 7,425.75
M/S R G COLLECTION 3,206.04
M/S R. G. FASHION 12,048.75
M/S SAAWAN DRESSES 10,395.00
M/S SAHANI FASHION 26,460.00
M/S SAMAR BOOT HOUSE 12,220.00
M/S SANJAY KUMAR KESARI 890,214.00
M/S SHARMA TRADERS 8,694.36
M/S SHREE JAGANNATH GARMENTS 25,042.50
M/S SHRI MANGALAM GARMENTS 21,971.25
M/S SHRI OM SAI TRADERS 33,230.00
M/S SHRI SAI GARMENTS 49,612.50
M/S SIDDHI VINAYAK DRESSES 21,840.00
M/S SIDDHI VINAYAK STORE 30,712.50
M/S SIMANCHAL GARMENTS 14,175.00
M/S SINHAL GARMENTS 20,081.25
M/S STYLE POINT 47,538.75
M/S STYLE POINT(ODISHA) 47,250.00
M/S STYLE ZONE 11,190.93
M/S- STYLO DRESS 7,434.00
M/S SUMIT DRESSES 10,395.00
M/S SUNDRAM COLLECTION 22,916.25
M/S UNIQUE COLLECTION 66,660.51
M/S VAISHNAVI GARMENTS 45,123.75
M/S VANSHIKA FASHION 6,577.46
M/S VICE CITY 27,168.75
M/S YOUTH COLLECTION 23,152.50
Mumbai Style Bazar 11,812.50
MY STORE 44,625.00
NAJRUL CHOUDHURI 20,081.25
NATANI COLLECTION 21,971.25
NAVKAAR GARMENTS 26,130.75
NEW AFREEN FASHION 25,531.66
NEW FASHION GALAXY 22,680.00
NEW KRISHNA COLLECTION 17,718.75
NEW MEN,S COLLECTION 24,570.00
New Monu Collection 5,122.50
NEW SAHIL GARMENTS 4,488.75
New Tip Top Dresses 25,042.50
NEW TODAY FASHION 2,584.22
NEW ZODIC EXCLUSIVE READYMADE GA 9,217.99
NGANGOM TRADERS 33,311.25
OM ENTERPRISES 10,158.76
PANKAJ DURGIYA 10,330.00
PARAS COLLECTION 15,494.50
PARAS DRESSES 40,871.25
PARI FAISHON 39,926.25
PARIS JENS 42,288.75
Parvaiz Ahmad Bhat 17,246.25
PAWAN KUMAR 74,234.13
PEHNAWA CREATION 45,966.50
PRAKASH BISWAS 33,075.13
PRINCE KUMAR JAIN 11,103.75
P R MENS COLLECTION 7,218.64
PUNJAB HOSIERY 6,115.64
RACHNA GARMENTS 8,268.75
RADHE KRISHNA THE READYMADE SHOP 15,170.09
RAHUL SONI 18,063.34
RAJA RANI FASHION PONT 40,162.50
RAJU AND BROTHERS 16,301.25
RAMKRISHNA TRADERS 13,545.00
RAVI GARMENTS 5,918.73
RAVI PRAKSH GUPTA 23,152.50
READYMADE HOUSE 7,976.82
RETAIL ONE 25,042.50
RITIKA COLLECTION 35,696.84
R.K TAILORS 11,576.25
ROYAL BLUE 23,152.50
R.S. FASHION 11,103.75
RUBAL SAINI 4,462.39
SABA GARMENTS 11,103.75
Sabeena Enterprises 16,301.00
SAHIL GARMENTS 38,745.00
SAHU FAMILY BAZAR 6,267.00
SAI ENTERPRISE 16,537.50
SAMANT GARMENTS 8,326.50
SANTOSH KUMAR 11,575.75
Selective Point 4,016.25
Sahil Fashion 25,987.50
SHIVA GARMENTS 13,772.05
SHIV READYMADE 20,553.75
SHREE BALAJEE 39,217.50
SHREEJEE COLLECTION 47,250.00
SHREE LOKANATHA FASHION 10,596.96
SHREERAM TEXTILE 3,226.50
SHRI RAM VASTRALYA 48,194.05
SINDH COLLECTION 24,937.50
S.K. COLLECTION 10,158.75
SLEEK SELECTION 27,893.04
SMART JEANS COLLECTION 7,087.50
SMART LOOK 95,693.90
S.M. FASHION 44,887.50
SOHAIL MEMAN 10,014.39
SONALI FASHION 7,250.00
S.R. Collections 8,590.00
STAYLEX FASHION PARK 30,003.35
STEP IN 7,915.04
STYLE MENS WEAR 15,120.00
STYLE ZONE 36,434.39
STYLISH EXCLUSIVE MENS WEAR 12,993.75
SUPER CHANDNI DRESSES & VASTRALAYA 9,542.54
Tamanna Fashion 10,103.75
Tannu Enterprises 27,599.98
TARAMANDAL VASTRALAY 25,751.50
Tirupati Garment 30,948.75
TOUSEEF AHEMD 14,960.00
Trisha Textile 21,262.50
UNIVERSAL COLLECTION 32,885.00
V3S MART 43,312.50
VIKASH MEANS WEAR 22,207.50
VINOD KUMAR NARESH KUMAR 11,103.75
VISHAL KUMAR 21,026.25
VISHWAS GARMENTS 23,625.00
YOUR LIFE STYLE 49,140.00

5,847,137.27