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Closing Balance as of 31/03/2026

The document outlines the projected trading, profit and loss, and balance sheet accounts for U P Handloom & Handicrafts Emporium for the fiscal years 2025-2026 and 2026-2027. It details sales, purchases, gross profit, expenses, and net profit, along with the proprietor's account and lists of sundry creditors. The financial projections indicate growth in sales and profits over the two years.

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0% found this document useful (0 votes)
47 views6 pages

Closing Balance as of 31/03/2026

The document outlines the projected trading, profit and loss, and balance sheet accounts for U P Handloom & Handicrafts Emporium for the fiscal years 2025-2026 and 2026-2027. It details sales, purchases, gross profit, expenses, and net profit, along with the proprietor's account and lists of sundry creditors. The financial projections indicate growth in sales and profits over the two years.

Uploaded by

rajhussain.cs
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

U P HANDLOOM & HANDICRAFTS EMPORIUM

4/299/300 B,GARDEN ROAD,BALUGANJ,AGRA

PROJECTED TRADING ACCOUNT


FROM 01-04-2025 TO 31-03-2026

PARTICULARS AMOUNT AMOUNT

OPENING STOCK :- SALES :-


HANDLOOM GOODS 1806315.00 HANDLOOM GOODS 9124000.00
MARBLE HANDICRAFTS 1120172.00 MARBLE HANDICRAFTS 592800.00
FOOTWEAR 1305734.00 FOOTWEAR 140400.00
[Link] 186514.56 [Link] 23400.00
LEATHER GOODS 76483.00 LEATHER GOODS 187200.00
4495218.56 10067800.00
PURCHASES:- CLOSING STOCK:-
HANDLOOM GOODS 4562000.00 HANDLOOM GOODS 2171275.00
MARBLE HANDICRAFTS 296400.00 MARBLE HANDICRAFTS 1143884.00
FOOTWEAR 70200.00 FOOTWEAR 1311350.00
[Link] 11700.00 [Link] 187450.56
LEATHER GOODS 93600.00 LEATHER GOODS 83971.00
5033900.00 4897930.56
FREIGHT & CARTAGE 9500.00

GROSS PROFIT C/F TO


PROFIT & LOSS ACCOUNT 5427112.00

14965730.56 14965730.56

U P HANDLOOM & HANDICRAFTS EMPORIUM


4/299/300 B,GARDEN ROAD,BALUGANJ,AGRA

PROJECTED PROFIT & LOSS ACCOUNT


FROM 01-04-2025 TO 31-03-2026

PARTICULARS AMOUNT PARTICULARS AMOUNT

To,SALARY TO STAFF 1718000.00 By,GROSS PROFIT B/F


" STAFF WELFARE EXPENSES 32700.00 FROM TRADING ACCOUNT 5427112.00
" SHOP RENT 120000.00
" COMMISSION ON SALES 2013560.00
" BANK CHARGES ON [Link] 32200.00
" CONVEYANCE EXPENSES 37394.00
" PRINTING & STAIONERY 6500.00
" POSTAGE & VPP EXPENSES 1200.00
" PACKING EXPENSES 16400.00
" BANK CHARGES 30000.00
" BANK INTEREST 300000.00
" GENERATOR EXPENSES 15000.00
" SALES PROMOTION EXPENSES 30000.00
" TELEPHONE EXPENSES 10000.00
" ELECTRICITY EXPENSES 90000.00
" REPAIR & [Link] VEH. 7000.00
" GOODS & SERVICE TAX 100678.00
" LEGAL EXPENSES 12000.00
" INSURANCE OF STOCK 6000.00
" NET PROFIT C/F TO
PROPRIETOR'S CAPITAL
ACCOUNT 848480.00
5427112.00 5427112.00
U P HANDLOOM & HANDICRAFTS EMPORIUM
4/299/300 B,GARDEN ROAD,BALUGANJ,AGRA

PROJECTED BALANCE SHEET


FROM 01-04-2025 TO 31-03-2026

PARTICULARS AMOUNT PARTICULARS AMOUNT

PROPRIETOR'S CAPITAL A/C FIXED ASSETS

(As per Schedule "A") 2179455.01 CURRENT ASSETS,LOANS &


ADVANCES
CURRENT LIABILITIES & Closing Stock
PROVISIONS (Valued & Certified by
Sundry Creditor's the Proprietor) 4897930.56
(As per Schedule'B') 918746.00
Sundry Advance
Sundry Payable [Link] Bhagel 180000.00
Telepone Expenses 1000.00 [Link] Kumar Sharma 400000.00
Electricity Expenses 7000.00 [Link] Sharma 120000.00
Legal Expenses 5000.00
GST 25170.00

CASH & BANK BALANCE


Cash in hand 38440.00
Canara Bank O D A/C 2499999.55

5636370.56 5636370.56

U P HANDLOOM & HANDICRAFTS EMPORIUM


4/299/300 B,GARDEN ROAD,BALUGANJ,AGRA

Proprietor's Account 2025-26


[Link] (PROP)

opening balance on 01-04-2025 CR 1570975.01

ADD:-Profit during the year


848480.00
Less:-Drawings 240000.00

Closing Balance as on 31/03/2026 CR 2179455.01


\
U P HANDLOOM & HANDICRAFTS EMPORIUM
4/299/300 B,GARDEN ROAD,BALUGANJ,AGRA

LIST OF SUNDRY CREDITORS AS ON 31-03-2026

1 AGRA SAREE CENTRE 74500.00


2 CHARVI JEWELLERY 11000.00
3 AMAR NATH SALES 4000.00
4 A K AGARWAL 6000.00
5 RAJEEV TRADING CO. 152017.00
6 MOHAN TRADING CO. 24000.00
7 NAVEEN KUMAR 30000.00
8 AJHAR USMANI 48000.00
9 RAJU 35700.00
10 [Link] AHMAD 38700.00
11 SUDHEER GUPTA 35600.00
12 BABU BHAI 48700.00
13 TAJUDDIN AHMAD 48100.00
14 TULSI BHAI 36500.00
15 NANDU MALHOTRA 55700.00
16 VIVEK SHARMA 78000.00
17 [Link] 55000.00
18 [Link] 46000.00
19 CHOTU QURESHI 44000.00
20 DHARMENDRA SINGH 14000.00
21 USMAN ALI 33229.00
[Link] 918746.00
U P HANDLOOM & HANDICRAFTS EMPORIUM
4/299/300 B,GARDEN ROAD,BALUGANJ,AGRA

PROJECTED TRADING ACCOUNT


FROM 01-04-2026 TO 31-03-2027

PARTICULARS AMOUNT AMOUNT

OPENING STOCK :- SALES :-


HANDLOOM GOODS 2171275.00 HANDLOOM GOODS 11405000.00
MARBLE HANDICRAFTS 1143884.00 MARBLE HANDICRAFTS 741000.00
FOOTWEAR 1311350.00 FOOTWEAR 175500.00
[Link] 187450.56 [Link] 29250.00
LEATHER GOODS 83971.00 LEATHER GOODS 234000.00
4897930.56 12584750.00
PURCHASES:- CLOSING STOCK:-
HANDLOOM GOODS 5702500.00 HANDLOOM GOODS 2627475.00
MARBLE HANDICRAFTS 370500.00 MARBLE HANDICRAFTS 1173524.00
FOOTWEAR 87750.00 FOOTWEAR 1318370.00
[Link] 14625.00 [Link] 188620.56
LEATHER GOODS 117000.00 LEATHER GOODS 93331.00
6292375.00 5401320.56
FREIGHT & CARTAGE 12500.00

GROSS PROFIT C/F TO


PROFIT & LOSS ACCOUNT 6783265.00

17986070.56 17986070.56

U P HANDLOOM & HANDICRAFTS EMPORIUM


4/299/300 B,GARDEN ROAD,BALUGANJ,AGRA

PROJECTED PROFIT & LOSS ACCOUNT


FROM 01-04-2026 TO 31-03-2027

PARTICULARS AMOUNT PARTICULARS AMOUNT

To,SALARY TO STAFF 2280000.00 By,GROSS PROFIT B/F


" STAFF WELFARE EXPENSES 35700.00 FROM TRADING ACCOUNT 6783265.00
" SHOP RENT 120000.00
" COMMISSION ON SALES 2516950.00
" BANK CHARGES ON [Link] 32200.00
" CONVEYANCE EXPENSES 57300.00
" PRINTING & STAIONERY 6500.00
" POSTAGE & VPP EXPENSES 1200.00
" PACKING EXPENSES 26500.00
" BANK CHARGES 30000.00
" BANK INTEREST 300000.00
" GENERATOR EXPENSES 25500.00
" SALES PROMOTION EXPENSES 45500.00
" TELEPHONE EXPENSES 10000.00
" ELECTRICITY EXPENSES 105000.00
" REPAIR & [Link] VEH. 9500.00
" GOODS & SERVICE TAX 125850.00
" LEGAL EXPENSES 12000.00
" INSURANCE OF STOCK 6000.00
" NET PROFIT C/F TO
PROPRIETOR'S CAPITAL
ACCOUNT 1037565.00
6783265.00 6783265.00
U P HANDLOOM & HANDICRAFTS EMPORIUM
4/299/300 B,GARDEN ROAD,BALUGANJ,AGRA

PROJECTED BALANCE SHEET


FROM 01-04-2026 TO 31-03-2027

PARTICULARS AMOUNT PARTICULARS AMOUNT

PROPRIETOR'S CAPITAL A/C FIXED ASSETS

(As per Schedule "A") 2977020.01 CURRENT ASSETS,LOANS &


ADVANCES
CURRENT LIABILITIES & Closing Stock
PROVISIONS (Valued & Certified by
Sundry Creditor's the Proprietor) 5401320.56
(As per Schedule'B') 618279.00
Sundry Advance
Sundry Payable [Link] Bhagel 180000.00
Telepone Expenses 1000.00 [Link] Kumar Sharma 400000.00
Electricity Expenses 7000.00 [Link] Sharma 120000.00
Legal Expenses 5000.00
GST 31462.00

CASH & BANK BALANCE


Cash in hand 38440.00
Canara Bank O D A/C 2499999.55

6139760.56 6139760.56

U P HANDLOOM & HANDICRAFTS EMPORIUM


4/299/300 B,GARDEN ROAD,BALUGANJ,AGRA

Proprietor's Account 2026-27


[Link] (PROP)

opening balance on 01-04-2026 CR 2179455.01

ADD:-Profit during the year 1037565.00

Less:-Drawings 240000.00

Closing Balance as on 31/03/2027 CR 2977020.01


U P HANDLOOM & HANDICRAFTS EMPORIUM
4/299/300 B,GARDEN ROAD,BALUGANJ,AGRA

LIST OF SUNDRY CREDITORS AS ON 31-03-2027

1 AGRA SAREE CENTRE 24500.00


2 CHARVI JEWELLERY 11000.00
3 AMAR NATH SALES 4000.00
4 A K AGARWAL 6000.00
5 RAJEEV TRADING CO. 74779.00
6 MOHAN TRADING CO. 24000.00
7 NAVEEN KUMAR 30000.00
8 AJHAR USMANI 48000.00
9 RAJU 35700.00
10 [Link] AHMAD 38700.00
11 SUDHEER GUPTA 35600.00
12 BABU BHAI 28700.00
13 TAJUDDIN AHMAD 28100.00
14 TULSI BHAI 36500.00
15 NANDU MALHOTRA 55700.00
16 VIVEK SHARMA 28000.00
17 [Link] 55000.00
18 [Link] 16000.00
19 CHOTU QURESHI 24000.00
20 DHARMENDRA SINGH 14000.00

[Link] 618279.00

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