DSPK & ASSOCIATES Padhuanpada,
Charted Accountants Balasore-756001
Ph:-06782262519
AUDITOR’S REPORT
- We have examined the Balance Sheet of PUNARUTHAN VOLUNTARY ORGANISATION “ At: ANANTAPUR, SORO, in the district of BALASORE, ORISSA, for the period from 01-04-2006 to 31-03-2007 and also the Income & Expenditure Account for the year ended on the date. These financial statements are the responsibility of the management. Our responsibility is to express an opinion on these financial statements based on our audit.
- We have conducted the audit in accordance with auditing standards generally accepted in India. These standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also include assessing the accounting principles used and significant estimates made by the management , as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basic for our opinion.
- We further report that : -
a)We have obtained all the information and explanations, which to the best of our knowledge and belief were necessary for the purposes of the audit.
b)The Balance Sheet and Income and Expenditure account dealt with the report are in agreement with the book of accounts.
c)In our opinion and to the best of our information and according to the explanations given to us, the statements give a true and fair view:-
i)In the case of balance sheet of the state of affairs as at 31-03-2007
And
ii) In the case of Income and expenditure account of the excess of
Income over Expenditure for the year ended on the late date.
Date : 28/05/07For DSPK & ASSOCIATES
Place ; BalasoreCHARTERED ACCOUNTANTS
S.N.PARIDA (F.C.A)
(Partner)
DSPK & ASSOCIATES Padhuanpada,
Charted AccountantsBalasore-756001
Ph:-06782262519
PUNARUTHAN VOLUNTARY ORGANISATION
AT: ANANTAPUR , SORO
DIST:BALASORE
BALANCE SHEET AS AT 31-03-2007
LIABILITIES AMOUNTASSETS AMOUNT
CAPITAL FUND:FIXED ASSETS:
Opening Balance269706.00SPORTS MATERIALS:
Add: This year 4522.00Opening Balance 3106.00
Add: Donation for landLess: Depr. @10% 311.00 2795. 00
Building & computer adjusted 120000.00 394228.00FURNITURE:
CURRENT LIABILITIES:Opening Balance4915. 00
Add:- This Year 3700.00
8615.00
Less: Depr @10% 862. 00 7753.00
AUDIT FEE PAYABLE:MUSIC INSTRUMENTS
Add: This year 1250.00Opening Balance 5570.00
2500.00Less: Depr @ 10% 557.00 5013. 00
Less: Paid 1000.00LIBRARY BOOKS
1500.00Opening Balance 10618.00
Less: Depr @ 10% 1062.00 9556.00
SALARY & HOUSE RENT PAYABLECOMPUTER & PRINTER
Salary Payable 10000. 00 Opening Balance 19845.00
House Rent PayableAdd:- This Year 38000.00
57845.00
Less:Depr @ 30% 17353.00 40492.00
MOTOR CYCLE
Opening Balance 31671.00
Add:This Year 36200.00
67871.00
Less: Depr @15% 10181.00 57690.00
TYPE MACHINE
Opening Balance 3543.00
Less: Depr @10% 354.00 3189. 00
WATER FILTER
Opening Balance 284. 00
Less: Depr @10% 28. 00 256.00
…………………..2
DSPK & ASSOCIATES Padhuanpada,
Charted AccountantsBalasore-756001
Ph:-06782262519
// 2 //
CEILING FAN:
Opening Balance 2534.00
Add:- This year1200.00
3734.00
Less: Depr @10% 373.00 3361.00
MEDICAL ASSESSORIES
Opening Balance 3515.00
Less: Depr @10% 352.00 3163.00
TAILORING MACHINE
Opening Balance 4698.00
Less: Depr @10% 470.00 4228.00
DIGITAL CAMERA
Opening Balance 8000.00
Less:-Depr @ 30%2400.00 5600.00
LAND
Opening Balance 36800.00
Add:-This Year 63079.00 99879.00
BUILDING CONSTRUCTION:
Opening Balance 133810.00
Add: This year 25250.00 159060.00
CURRENT ASSETS:
Cash in hand2024.00
Cash Central Bank (F.C.R.) 500.00
Cash at U.T.I. Bank 512.00 Cash at Central Bank 657.00 3693.00
405728.00 405728. 00
Place : Balasore FOR DSPK & ASSOCIATES
Date : 28/05/07CHARTERED ACCOUNTANTS
S.N. PARIDA (F.C.A)
PARTNER
DSPK & ASSOCIATES Padhuanpada,
Charted AccountantsBalasore-756001
Ph:-06782262519
PUNARUTHAN VOLUNTARY ORGANISATION
AT: ANANTAPUR , SORO
DIST:BALASORE
INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31-03-2007
EXPENDITUREAMOUNTINCOMEAMOUNT
To programme exp.394419.00By membership fee14200.00
’’ income generating prog. Exp.109456.00’’ Members Contribution64250.00
”Administrative exp.209031.00” Public Donation85500.00
” Day Care Prog. For precious112150.00” Sports entry fee 5000.00
” Children school” Puja collection15480.00
” Salary Payable 10000.00” Agriculture income28564.00
” Audit fee payable 1250.00” Pisciculture Income32580.00
” Depriciation on Fixed Assets 34303.00” Income from Handi craft Unit38950.00
” Excess of income over Exp. 4522.00” Computer Income18240.00
” Sale Proceeds of plants & seeds18540.00
” Charity show Income25640.00
” VIP Donation 120000.00
” Income from Music centre42250.00
” Income from Tailoring Unit38500.00
” Grant Received from:
” Received from BOBBCA96200.00
” District Blindness control Society13900.00
” From T.F.G. Trust30000.00
” RCH-II Programme under
” Mother N.G.O (NIAHRD) Scheme 150000.00
” Mushroom sale income26530.00
” K. Garden Income 9455.00
” Bank Interest 98.00
” Misc. Sale Proceeds 1254.00
875131.00 875131.00
Place : BalasoreFOR DSPK & ASSOCIATES
Date : 28/05/07CHARTERED ACCOUNTANTS
S.N. PARIDA (F.C.A)
PARTNER
DSPK & ASSOCIATES Padhuanpada,
Charted Accountants Balasore-756001
Ph:-06782262519
PUNARUTHAN VOLUNTARY ORGANISATION
AT: ANANTAPUR , SORO
DIST:BALASORE
RECEIPTS & PAYMENTS ACCOUNT FOR THE YEAR ENDED 31-03-2007
RECEIPTSAMOUNTPAYMENTSAMOUNT
To Opening BalanceBY PROGRAMME COST.
Cash in hand 2139.00Eye Camp Exp.19654.00
Cash at UTI Bank 500.00 T.F.G. Health Awareness prog. (AIDS)36425.00
Cash at Central Bank9408.00 12047.00Education Literacy Prog. 6850.00
” Mmebership fee14200.00Block Level HIV/AIDS awareness 7950.00
” Members Contribution64250.00Grant Transfer to R.C.H. II Prog. 150000.00
” Public Donation85500.00Safe Mother Hood Prog. Exp.35450.00
” Sports entry fee 5000.00Rehabilitation prog. For Rural poor 5680.00
” Puja Collection15480.00Women & Child Health Awareness12545.00
” Agriculture income28564.00prog. & Free Medicine exp.
” Pisciculture income32580.00T.B. & Leprosy awareness Prog. 5680.00
” Income from Handi craft Unit38950.00Family Councelling Prog. 3400.00
” Computer Income18240.00Legal Aid Awareness Prog. 4975.00
” Sale proceeds of plants & seeds18540.00Vocational educational prog.14250.00
” Charity show Income 25640.00Social awareness prog. 7890.00
” V.I.P. Donation 120000.00Forestry & Pollution control prog exp.12540.00
” Income from Music centre42250.00National Integration camp exp. 6580.00
” Income from Tailoring Unit38500.00Sports & Prize distribution exp. 6590.00
” Grant Received from:Free Agr. Training exp. For rural farmers 3565.00
” Received from BOBBCA96200.00Neutrition prog. For Women & Child 5695.00
” District Blindness control Society13900.00Women Trafficking Prog. Exp. 4235.00
” From T.F.G. Trust30000.00Old Age Home Exp.22540.00
” Special Donation for computer 35000.00Prog. For A.R.H Issue 6580.00
” Special Donation for Land60000.00Communal Harmoney Promotion exp. 5000.00
” Special Donation for Club House25000.00National day celebration exp. 1800.00394419.00
” R.C.H-II Programme underBY INCOME GENERATING PROG. COST
Mother N.G.O (NIAHRD) Scheme 150000.00Music Unit exp.15680.00
” Mushroom sale Income 26530.00Pisciculture exp.17540.00
” K. Garden Income 9455.00Agriculture exp.14256.00
” Bank Interest 98.00Handicraft materials purchase12560.00
” Misc. Sale Proceeds 1254.00 Allowance to Handicraft unit workers12000.00
Tailoring Unit exp.17555.00
Mushroom Culture exp.13890.00
Training on IGP for Kitchen Garden Exp. & Pisc. Culture to the SHG Groups 3525.00
Kitchen Gardening Exp. 2450.00109456.00
…….……………..2
DSPK & ASSOCIATES Padhuanpada,
Charted Accountants Balasore-756001
Ph:-06782262519
// 2 //
BY ADMINISTRATIVE EXP.
Printing & Stationary 8545.00
Allowance to Co-ordinators50000.00
Travelling Exp.31540.00
Misc. contingency 6585.00
Annual Function & Charity show exp.21354.00
House Rent (Library Hall ) 6000.00
Puja exp. 6985.00
Allowance to Volunteers70000.00
Bank charges 402.00
Audit fee 1000.00
Telephone exp. 5620.00
House Rent (Project Office Bls.)12000.00220031.00
BY DAY CARE PROG. FOR
PRECIOUS CHILDREN SCHOOL
Contingencies exp. 3250.00
Teachers allowance 24000.00
House Rent 2400.00
Study Materials12500.00
Uniforms exp. 8500.00
Fooding exp.61500.00112150.00
BY ASSETS PURCHASED
Motor Cycle36200.00
Almirah 3700.00
Fans 1200.00
Computer with Printer38000.00
Land Purchase63079.00
Building Construction25250.00167429.00
BY CLOSING BALANCE:
Cash in Hand2024.00
Cash at Central Bank (F.C.R) 500.00
Cash at U.T.I. Bank 512.00
Cash at Central Bank 657.00 3693.00
1007178.00 1007178.00
Place : Balasore FOR DSPK & ASSOCIATES
Date : 28/05/07CHARTERED ACCOUNTANTS
S.N. PARIDA (F.C.A)
PARTNER