Financial Statements

Management Accounts
A project funded by National ICT R&D Fund

and executed by
Center for Language Engineering (CLE), Al-Khawarizmi Institute of Computer Science (KICS),
University of Engineering and Technology (UET) ,Lahore
Project Title
Enabling Information Access through Mobile Based Dialog Systems and

Screen Readers for Urdu (ASR) Project
Project Commencement Date
Project End Date
1/7/2013
dd/mm/yy
Reporting Period Start Date
dd/mm/yy
1-Jul-13
Reporting Period End Date
dd/mm/yy
Project Duration (in months)
31/3/2016
31-Mar-15
dd/mm/yy
33
Project Quarters
11
* Receipt and Payment Statement

* Trial Balance as on 30th June, 2014, unadjusted
* Trial Balance as on 30th June, 2014, adjusted
* Notes to the accounts
* Income and Expenditure Statement
* Statement of Financial Affairs
* Equipment, Special Equipment, Other Equipment, Schedule
* Ledgers of All heads of Statements
* Monthly expenditure Report
Name of Project Manager
Signature
Ms. Sana Shams

Name/Title of Authorized Financial Officer
Signature
Atif Ali Javed

Date
3/4/2015
1 of 51

and executed by
Enabling Information Access through Mobile Based Dialog Systems and Screen Readers for Urdu (ASR) Project
Trial Balance as on 31st March, 2015
Acc H. & V. #
Description
Bank Balance
Bank Charges
Bank Charges
Bank Charges
Bank Charges
Techincal HR and Support
1
2
3
5
7
14
15
17
27
33
34
40
41
44
45
52
53
55
56
57
58
59
60
63
64
68
75
78
83
86
88
89
91
93
94
95
96
98
99
109
113
114
115
119
122
124
125
126
129
133
132
139
140
146
Tech HR Deployment, Support Staff for the month of July 2013

Tech HR Deployment, CPI Honorarium for the month of July 2013
Tech HR Deployment, PI Honorarium for the month of July 2013
Tech HR Deployment, CPI Honorarium for the month of August 2013
Tech HR Deployment, Support staff salary for the month of August 2013
Tech HR Deployment, Support Staff for the month of Sep, 2013
Tech HR Deployment, Consultant Honorarium for the month of Sep, 2013
Tech HR Deployment, PI and CPI income tax deposited
Tech HR Deployment, income tax deposited
Tech HR Deployment, Support Staff for the month of October 2013
Tech HR Deployment, Consultant honorarium for the month of October 2013
Tech HR Deployment, Support Staff for the month of November 2013
Tech HR Deployment, Arrears for the period July - October 2013
Tech HR Deployment, Support Staff for the month of December 2013
Tech HR Deployment, Support Staff for the month of January 2014
Tech HR Deployment, Consultant honorarium for the month of November 2013
Tech HR Deployment, Consultant honorarium for the month of December 2013
Tech HR Deployment, Consultant honorarium for the month of January 2014
Tech HR Deployment, intern for the month of January 2014
Tech HR Deployment, Linguists/Social Scientist, salary for the month of January 2014
Tech HR Deployment, Support Staff for the month of February 2014
Tech HR Deployment, intern for the month of February 2014
Tech HR Deployment, Consultant honorarium for the month of February 2014
Tech HR Deployment, Consultant honorarium for the month of March 2014
Tech HR Deployment, Support Staff for the month of March 2014
Tech HR Deployment, Prof. Researchers/Devel, Khawar Rehman salary for the month of March 2014
Tech HR Deployment, Consultant honorarium for the month of April 2014
Tech HR Deployment, Support Staff for the month of April 2014
Tech HR Deployment, Consultant honorarium for the month of May 2014
Tech HR Deployment, Support Staff for the month of May 2014
Tech HR Deployment, Intern salary for the month of May 2014
Tech HR Deployment, Intern salary for the month of May 2014
Tech HR Deployment, Consultant honorarium for the month of June 2014
Tech HR Deployment, Support Staff for the month of June 2014
Tech HR Deployment,Computational Lingusits, salary for the month of June 2014
Tech HR Deployment, Intern salary for the month of June 2014
Tech HR Deployment, Intern salary for the month of June 2014
Tech HR Deployment, Linguists/Social Scientist, salary for the month of June 2014
Tech HR Deployment, Support Staff for the month of July 2014
Tech HR Deployment, Support Staff for the month of August 2014
Tech HR Deployment, Intern salary for the month of August 2014
Tech HR Deployment, Intern salary for the month of August 2014
Tech HR Deployment, Support Staff for the month of August 2014, IDP's Donation
Tech HR Deployment, Support Staff for the month of September 2014
Tech HR Deployment,Support Staff, salary arrears for the month of July-Sep 2014
Tech HR Deployment, Intern salary for the month of September 2014
Tech HR Deployment, Intern salary for the month of September 2014
Tech HR Deployment, Linguists/Social Scientist, salary for the month of September 2014
Tech HR Deployment, Support Staff for the month of October 2014
Income tax officer, tax paid from July 2013 - Sep 2014, staff
Income tax officer, tax paid from July 2013 - Sep 2014, 7/10%
Tech HR Deployment, Prof. Researchers / Developers, salary for the month of October 2014
Tech HR Deployment, Support Staff for the month of November 2014
Tech HR Deployment, Support Staff for the month of December 2014
2 of 51

and executed by
Acc H. & V. #
155
166
174
Description
Tech HR Deployment, Support Staff for the month of January, 2015
Tech HR Deployment, Support Staff for the month of February, 2015
Tech HR Deployment, Support Staff for the month of March, 2015
Equipment
35
36
37
38
48
51
67
71
73
76
90
135
134
150
151
168
Equipment payment against supply of Laptops

Equipment payment against supply of Portable Hard Disc
Equipment payment against supply of Laptop backup batteries
Equipment payment against supply of Laptop backup batteries
Equipment cost/ Network Setup
Equipment cost/ other equipment , Headphone and Microphone
Equipment cost/ other equipment , Hard Drive
Equipment cost/Major Equipment, Network Setup
Equipment cost/ other equipment , Headphone and Microphone
Income tax officer, supplier's tax paid from July 2013 - Sep 2014, staff
General sales tax, GST depsoited against supplies Jul-13-Sep-14
Equipment cost, other Equipment, Headsets and microphones
Equipment cost, Desktop/Laptop, supplier's security withheld disbursed
Misc, Repair, Equipment Cost, Network Setup
Travelling Boading and Loading

9
47
50
54
106
110
111
112
143
145
153
154
164
Travelling / Boarding and Loading for offical visit to ICTRnD, PFFB, LMKT
Traveling / Boarding and Lodging , Dr. Sarmad Hussain
Traveling / Boarding and Lodging, Ms. Afia, Linguists/Social Scientist
Traveling / Boarding and Lodging , Dr. Sarmad Hussain
Travelling / Boarding and Loading for offical visit
Boarding and Lodging & Contingecny, against Conference on Language and Techonolgy-2014
Traveliing, domestic air travel & Contingency, against Conference air travel for CLT14
Travelling & Boarding & Lodging, Contingency, Ms. Saba Urooj, CLT 14
Travelling & Boarding & Lodging, Contingency, Dr. Tania Habib, CLT 14
Travelling & Boarding & Lodging, Contingency, Saraiki Recording
39
42
43
46
49
61
66
65
69
74
77
80
84
85
87
92
97
100
101
102
104
105
108
116
118
Miscellaneous, Calling cards for mobile

Miscellaneous, Line Rent for phone , PTCL bill
Miscellaneous, Line Rent for phone , PTCL bill
Miscellaneous, Line Rent for phone , PTCL bill, December 2013
Miscellaneous / other costs, tender ad
Miscellaneous, Line Rent for phone , PTCL bill, January 2014
Miscellaneous, Line Rent for phone , PTCL bill, February 2014
Miscellaneous / other costs, Honorarium for speakers, intern for the month of March 2014
Miscellaneous / other costs, honorarium for speaker
Miscellaneous, Line Rent for phone , PTCL bill, March 2014
Miscellaneous / Repair
Miscellaneous, Line Rent for phone , PTCL bill, April 2014
Miscellaneous, Line Rent for phone , PTCL bill, May 2014
Miscellaneous, Website Space, website hosting
Miscellaneous, Line Rent for phone , PTCL bill, June 2014
Miscellaneous / Repair, key board repair
Miscellaneous / calling cards
Miscellaneous / Repair
Miscellaneous, Line Rent for phone , PTCL bill, July 2014
Miscellaneous, Line Rent for phone , PTCL bill, August 2014
Miscellaneous, other cost , Rozee ad
Misc
3 of 51

and executed by
Acc H. & V. #
127
128
136
137
144
149
158
160
160
163
168
169
170
170
170
132
135
134
Description
Miscellaneous, Honorarium for Speakers
Miscellaneous / Repair, dell original charges with cable
Miscellaneous / Repair, dell laptop 5521 keyboard replacement
Miscellaneous, Line Rent for phone , PTCL bill, Sep-Oct 2014
Miscellaneous / Repair, HP 630 and Dell N5010 screen replacement
Miscellaneous, Line Rent for phone, PTCL bill, Nov-14
Miscellaneous, , payment of phone lines rent, PTCL bill, Dec-14
Misc, Calling cards, Misc, Book
Misc, Calling cards, Misc, Book
Misc, Repair, Dell 5521 Screen Replacement
Misc, Repair, Equipment Cost, Network Setup
Misc , Research Materials & Supplies
Misc, Book, Calling Card & Honorarium for speakers
Contigency
12
16
70
72
107
132
132
135
134
143
145
153
154
Contingency, projector Screen

Contingency, training material
Contingeny, Repair of cabinets
Contingeny, HDMI cable
Contingeny, original dell leather bag for PI
Boarding and Lodging & Contingecny, against Conference on Language and Techonolgy-2014
Traveliing, domestic air travel & Contingency, against Conference air travel for CLT14
Travelling & Boarding & Lodging, Contingency, Ms. Saba Urooj, CLT 14
Travelling & Boarding & Lodging, Contingency, Dr. Tania Habib, CLT 14
Audit Charges
Overheads
6
8
10
11
13
18
19
20
21
22
23
24
25
26
28
29
30
31
32
79
81
82
103
117
120
Institutional / Org. Overhead, white board

Institutional / Org. Overhead, white board
Institutional / Org. Overhead, Kitchen Items
Institutional / Org. Overhead, Kitchen Items
Institutional / Org. Overhead, computer tables
Institutional / Org. Overhead, General Sales tax deposited
Institutional / Org. Overhead, computer networking for lab
Institutional / Org. Overhead, visiting chairs for lab
Institutional / Org. Overhead, Labour Electric Wiring and Networking for lab
Institutional / Org. Overhead, printer table for lab
Institutional / Org. Overhead, conference room table for lab
Institutional / Org. Overhead, Office Revolving Chairs for lab
Institutional / Org. Overhead, Office computer tabel for lab
Institutional / Org. Overhead, electric wiring for lab
Institutional / Org. Overhead, wooden Conference Chair with Polish for lab
Institutional / Org. Overhead, office computer table for lab
Institutional / Org. Overhead, room partitioning for lab
Institutional / Org. Overhead, Network wire and connectors for lab
Institutional / Org. Overhead, Carpet and skirting for lab
Institutional / Org. Overhead, Network Accessories
Institutional / Org. Overhead, Air conditioner for ASR Lab
Miscellaneous, Line Rent for phone , PTCL bill, January 2014
Overhead on Tech HR Deployment, petty cash
Overhead on Tech HR Deployment, phone bill
Overheads, Honorarium of Resident Auditor for Pre audit August 2014
4 of 51

and executed by
Acc H. & V. #
Description
121
123
130
131
132
132
132
134
135
138
141
142
147
148
149
152
156
157
158
161
162
165
167
171
172
173
175
176
Overheads, Honorarium of Admin officer for Pre audit August 2014

Overhead, paper reams and officer grocery items, Metro Cash and Carry
Overheads, Honorarium of Resident Auditor for Pre audit, October 2014
Overheads, Honorarium of Admin officer for Pre audit, October 2014
Overheads, payment of phone lines rent for Sep-Oct 2014
Overheads, Honorarium of Resident Auditor for Pre audit, Nov-2014
Overheads, Honorarium of Admin officer for Pre audit, Nov-2014
Overheads, Honorarium of Resident Auditor for Pre audit, December 2014
Overheads, Honorarium of Admin officer for Pre audit, December 2014
Overheads, payment of phone lines rent, PTCL bill, Nov-14
Institutional/Organizational Overheads, purchase of Toner 90-A HP Laser Jet
Overheads, Honorarium of Resident Auditor for Pre audit, January, 2015
Overheads, Honorarium of Admin officer for Pre audit, January, 2015
Overheads, payment of phone lines rent, PTCL bill, Dec-14
Institutional/Organizational Overheads, Flyer and Poster Designing
Institutional/Organizational Overheads, Flyer and Poster Printing
Overhead on Tech HR Deployment, petty cash
Overheads, Honorarium of Admin officer for Pre audit, February, 2015
Overhead on Tech HR Deployment, Ms. Sana
Overhead on Tech HR Deployment, Misc Kitchen items
Overhead on Tech HR Deployment, batteries
Overheads, Honorarium of Admin officer for Pre audit, March, 2015
Overheads, payment of phone lines rent, PTCL bill, Jan-15
62
159
Partial funds transfer, KICS-CLE-OCR

Advance returned back to KICS
1
2
3
4
5
6
7
8
9
10
11
12
13
Chq
Chq
Chq
Chq
Chq
Chq
Chq
Chq
Chq
Chq
Chq
Chq
Chq
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
No.
4435795 dated 28-6-2013 received from ICTRnD fund

00027986 dated 30-1-2014 received from KICS-OCR
00028030 dated 25-4-2014 received from KICS-Projects
00062687 dated 28-5-2014 received from KICS-APT
90028055 dated 30-6-2014 received from KICS-PAN
00028039 dated 29-9-2014 received from KICS-Projects
Trial Balance total
____________________
Principal Investigator
_________________
Manager Accounts
5 of 51
roject funded by National ICT R&D Fund

and executed by
ering (CLE), Al-Khawarizmi Institute of Computer Science (KICS),
y of Engineering and Technology (UET) ,Lahore
h Mobile Based Dialog Systems and Screen Readers for Urdu (ASR) Project
Dr.
PKR
Cr.
PKR
3,224,687
150
696
812
76,384
24,440
78,892
23,920
196,686
674,608
37,200
15,390
1,418
689,330
18,600
700,685
80,692
716,284
672,556
18,600
18,600
18,600
4,516
43,728
660,971
5,000
18,600
18,600
693,282
11,595
18,600
724,277
18,600
673,757
2,903
2,363
18,600
630,166
24,375
2,167
2,167
20,000
657,709
625,992
3,710
5,000
12,820
605,441
271,244
2,833
2,833
30,045
633,261
117,052
15,400
19,065
640,025
641,498
6 of 51

and executed by
Dr.
Cr.
654,497
619,517
685,748
945,527
15,361
41,054
13,871
5,960
5,446
19,066
7,634
13,033
8,821
5,213
51,336
37,296
12,036
113,790
2,916
15,996
11,000
4,500
16,424
3,640
9,680
11,690
4,100
17,496
40,000
33,482
34,696
38,560
1,650
1,440
1,420
1,440
22,719
1,420
2,220
5,000
18,600
2,620
4,282
18,600
2,620
18,600
18,600
2,610
21,215
18,600
2,620
6,482
5,700
3,480
2,620
2,640
6,455
7 of 51

and executed by
Dr.
Cr.
13,095
10,940
2,731
5,370
15,741
2,610
1,190
2,560
4,350
7,408
17,129
16,961
900
1,700
1,046
7,000
812
529
7,913
8,600
2,139
1,210
9,259
647
161
842
576
10,500
23,600
3,500
3,500
3,328
5,248
14,357
9,975
76,582
987
92,554
18,619
24,459
4,841
11,605
146,623
37,616
137,585
38,416
37,616
160,067
11,393
27,052
19,707
36,895
5,022
15,000
4,500
1,860
8 of 51

and executed by
Dr.
Cr.
5,580
34,236
1,860
5,580
560
1,841
378
85,638
37,702
8,880
1,860
5,580
1,860
5,580
3,740
32,363
5,580
1,860
6,080
7,200
10,080
15,000
1,860
3,074
11,907
8,889
1,860
7,930
500,000
4,008,515
4,247,156
1,000,000
2,000,000
856,921
900,000
916,615
591,900
1,000,000
350,000
1,600,000
2,558,549
3,606,846
5,181,976
24,809,963
24,809,963
21,585,276
__________________
Manager Research
9 of 51
General Journal Ledger

Serial
Account
1-Cash
30- Anthony fererra
Dr
150,000
J-1
10-Rental Equipment
20-Notes payable
1-Cash
240,000
J-1
6-Prepaid rent
1-Cash
10,000
J-3
1-Cash
29-Unearned rental income
12,000
J-5
8-Office Supplies
22- Accounts payable
J-9
61-repair and maintenance

22- accounts payable
j-12
60-salaries expense
1-cash
3,200
j-15
1-Cash
4-receibable
7,200
1,700
j-18
22-account payable
1-cash
290
j-19
1-cash
4-receivable
800
j-23
No entry required
j-26
60-Salaries exp
1-cash
3,200
j-27
35-Anthony ferrera drawings

1-cash
3,000
j-30
1=cash
50-rental fee earned
7,850
J-1
1,850
290
j-30
62-utilities expense
22-accounts payable
340
Adjusting entries journal

Serial
Account
Dr
j-30
unearned rental fees

rental fee earned
3,210
j-30
Office sullpies expense

office supplies
j-30
Depreciation expense
accumulated depreciation
j-30
rent expense
prepaid rent
690
j-30
account receivable
rental fee earned
770
j-30
interest expense
interest payable
j-30
salary expense
salary payable
690
2,000
1,050
960
Closing entries
Serial
Account
Dr
J-30
Rental fee earned

income summary
20,730
j-30
income summary
salaries expense
maintenance expense
utilities expense
rent expense
interest expense
depreciation expense
office supplies expense
20,730
j-30
income summary
anthony capital account
6,500
j-30
anthony fererra capital

anthony fererra drawing
3,000
Cr
Cash
150,000
140,000
100,000
10,000
###
1,850
290
3,200
###
###
###
###
###
Receivable
prepaid rent
office supplies
rental equipment
accumulated dep on rental equip
notes payable
accounts payable
interest payable
salaries paable
unearned rental fee
1
4
6
8
10
12
20
22
25
26
29
Anthony fererra capital

a.f drawings
income summary
rental fee earned
salaries exp
repair and maintenance
rent expense
depreciation ex
interest exp
30
35
40
50
60
61
63
64
65
66
###
Cr
###
###
###
###
###
###
###
Cr
###
7,360
290
340
2,500
1,050
2,000
6,690
###
###
Ledgers for the year.

Cash Account
Date
Explanation
Debit
1-Jun Anthony Fererra Capital

1-Jun Rental Equipment
1-Jun Prepaid rent
3-Jun unearned rental fee
12-Jun salaries expense
15-Jun rental fees earned
18-Jun accounts payable
19-Jun accounts receivable
29-Jun anthony fererra drawing
30-Jun rental fee earned
150,000
12,000
Credit
100,000
10,000
3,200
7,200
290
800
3,200
3,000
7,850
Balance
150,000
50,000
40,000
52,000
48,800
56,000
55,710
56,510
53,310
50,310
58,160
Accounts Receivable
Date
Explanation
Debit

19-Jun cash
1-Jul rental fees earned
Credit
1,700
800
770
770
Balance
1,700
900
1,670
900
prepaid rent
Date
Explanation
Debit
1-Jun cash
30-Jun rent expense
Credit
10,000
2,500
Balance
10,000
7,500
office supplies
Date
Explanation
Debit
5-Jun Accounts payable

30-Jun office supplies expense
Credit
1,850
690
Balance
1,850
1,160
Rental equipment
Date
Explanation
Debit
Credit
Balance
1-Jun notes payable

1-Jun cash
140,000
100,000
140,000
240,000
Accumulate depreciation: rental equipment

Date
Explanation
Debit
30-Jun depreciation expense
Credit
2,000
Balance
2,000
Notes Payable
Date
Explanation
Debit
5-Jun rental equipment
Credit
140,000
Balance
140,000
Accounts Payable
Date
Explanation
Debit
9-Jun office supplies

9-Jun maintenance exp
15-Jun cash
30-Jun utilities expense
Credit
1,850
390
390
340
Balance
1,850
2,140
1,850
2,190
Interest Payable
Date
Explanation
30-Jun interest expense

1-Jul interest expemse
Debit
Credit
1,050
1,050
Balance
1,050
-
Salaries Payable
Date
Explanation

1-Jul salaries expense
Debit
Credit
960
960
Balance
960
-
Unearned rental fee

Date
Explanation
3-Jun cash
Debit
Credit
12,000
3,210
Balance
12,000
8,790

Date
Explanation
Debit
1-Jun cash
30-Jun income summary
30-Jun anthony ferrera capital
Credit
150,000
6,500
3,000
Balance
150,000
156,500
153,500
anthony fererra drawing

Date
Explanation
Debit
29-Jun cash
30-Jun anthony fererra capital
Credit
3,000
3,000
Balance
3,000
-
income summary
Date
Explanation
Debit

30-Jun expemses
30-Jun anthony fererra capital
Credit
20,730
14,230
6,500
Balance
20,730
6,500
-
Rental fees earned

Date
Explanation
15-Jun cash
15-Jun account receivable
30-Jun cash
30-Jun unearned rental fee
30-Jun account receivable
1-Jul account receivable
Debit
Credit
7,200
1,700
7,850
3,210
770
20,730
770
Balance
7,200
8,900
16,750
19,960
20,730
(770)
Salaries expense
Date
Explanation
12-Jun cash
26-Jun cash
30-Jun salaries payable
1-Jul salaries payale
Debit
Credit
3,200
3,200
960
Balance
3,200
6,400
7,360
7,360
960
(960)
Maintenance expense
Date
Explanation
Debit

Credit
290
290
Balance
290
-
utilities expense
Date
Explanation
Debit

Credit
340
340
Balance
340
-
rent expense
Date
Explanation
Debit
30-Jun prepaid rent

Credit
2,500
2,500
Balance
2,500
-

Date
Explanation
30-Jun office suppliues
Debit
690
Credit
690
Balance
690
-
depreciation expense
Date
Explanation
Debit
30-Jun accumulated deprecation

Credit
2,000
2,000
Balance
2,000
-
interest expense
Date
Explanation
30-Jun interest payable

1-Jul interest payable
Debit
Credit
1,050
1,050
1,050
Balance
1,050
(1,050)
Friend wih a Truck
Acc H. & V. #
8
10
12
20
Description
1 Cash Account
4 Accounts receivable
6 prepaid rent
office supplies
rental equipment
accumulated depreciation
notes payable
22 accounts payable
25
interest payable
26
salaries payable
29
unearned rental fee
30
35
50
20 of 51
Friend wih a Truck
Acc H. & V. #
Description
21 of 51
Friend wih a Truck
Acc H. & V. #
Description
22 of 51
Friend wih a Truck
Acc H. & V. #
Description
Trial Balance total
____________________
Principal Investigator
_________________
Manager Accounts
23 of 51
Friend wih a Truck
Dr.
PKR
Cr.
PKR
58,160
1,670
7,500
1,160
240,000
2000
140000
2190
1050
960
8790
153500
308,490
308,490
24 of 51
Friend wih a Truck
Dr.
Cr.
25 of 51
Friend wih a Truck
Dr.
Cr.
26 of 51
Friend wih a Truck
Dr.
616,980
Cr.
616,980
558,820
__________________
Manager Research
27 of 51
Friend with a Truck
Statement of Financial Position for the year ending 30th June, 2015
ASSETS
NON-CURRENT ASSETS
Cash
Accounts Receivable
Prepaid Rent
Office Supplies
Rental Equipment
TOTAL ASSETS
LIABILITIES
Notes Payable
Accounts payable
Interest Payable
Salaries Payable
Unearned Rental Fees
Total liabilities
OWNER'S EQUITY
Anthony Ferrara Capital
Total Liabilities & Owner's Equity
____________________
Director
_________________
Director
__________________
Manager Research
_________________
Manager Accounts
ing 30th June, 2015
Actual
PKR
58,160
1,670
7,500
1,160
238,000
306,490
140,000
2,190
1,050
960
8,790
152,990
153,500
306,490
_________________
Director
_________________
Manager Accounts
Friend with a Truck
Income and Expenditure Statement
Actual
PKR
INCOME
Rental fee earned
20,730
20,730
EXPENDITURE
Salary Expense
Repair and Maintenance Expenses
Utilities Expense
Rent Expense
Office supplies expense
Depreciation expense
Interest expense
Surplus / (deficit) for the period
7,360
290
340
2,500
690
2,000
1,050
14,230
6,500
____________________
Director
_________________
Director
__________________
Manager Research
_________________
Manager Accounts
Friend with a Truck

STATEMENT OF CHANGES IN FUNDS
AS ON JUNE 30, 2015
Particulars
Balance as at June 01, 2015

Surplus for the year
Drawings
Balance as at June 30, 2015
Director
Fund
balance
150,000
6,500
(3,000)
153,500
Director____________________

and executed by
Center for Language Engineering (CLE), Al-Khawarizmi Institute of Computer S
Enabling Information Access through Mobile Based Dialog Systems and Screen Rea
Project
NOTES TO THE ACCOUNTS
FOR THE PERIOD FROM 1st July, 2013 TO 31st March, 2015
PROJECT OPERATIONS AND SUMMARY OF ACCOUNTING POLICIES
National ICT R&D Fund was created in January 2007 by Ministry of IT with the vision to transform
knowledge-based economy by promoting efficient, sustainable, and effective ICT (IT and Telec
through synergic development of industrial and academic resources. Collaborative efforts be
institutions, and industry are greatly encouraged to ensure that local economy can reap
investment in research. This organization has significant funds available for proposals that are g
related technologies.
A written agreement will be made between National ICT R&D Fund and PI. The PI will underta
according to the agreement and to provide laboratory space, and other facilities necessary for th
1.a
Purpose of the project

.The project will focus on developing the following systems.
1. Speech Recognition System for Urdu Language with the following specifications:
o A system that will recognize district names across Pakistan in six major Urdu accents
Balochi, Pashto and Urdu). The system will be limited to district names and will not rec
names, e.g. names of towns, villages, tehsils, etc. The system will recognize individual
not complete sentential responses.
o A system that will recognize main location names of Lahore in Lahore sub-urban acce
recognition vocabulary will be limited to 200 major locations in Lahore. The system wil
location names only and not complete sentential responses.
2. Text to Speech System for Urdu Language with the following specifications:
o A system that can read out Urdu text with a vocabulary of 10,000 words. The system
textual input and convert it into speech. It will implement basic declarative and interrog
3. Mobile Based Dialog System in Urdu:
o A system which integrates speech recognition system for district names to provide w
different districts in Pakistan
o A system which integrates speech recognition system for location names of Lahore ci
based services
o A generic dialog framework which can be extended for other services
4. Urdu Screen Reader:
o Localized open source screen reader. The screen reader will be able to read out Urdu
English text as that can be done by using the existing screen readers. Urdu text to spe
wrappped into relevant Speech API (SAPI) for integration with the screen reader for this
1.b
Project Duration
Total Duration of the project is 30 months
Effective from 1st July, 2013 to 31st March, 2016
Principal Investigator______________
Manager Accounts___________
Manager Research______________
34 of 51

and executed by
Project
1.1) STATEMENT OF COMPLIANCE
The financial statement reports are unaudited and are prepared in accordance with the require
Accepted Accounting Principles (GAAP), as applicable in Pakistan.
1.2) BASIS OF PREPARATION
These financial statements have been prepared on simple accrual accounting and historical co
statements have been prepared on the basis of funds received under the grant and the utilizati
expenditures
35 of 51

and executed by
Project
1.3) BANKING
The project funds are maintained at Askari Commercial Bank, Baghbanpura Branch, Shalimar R
bank accounts being operated by "KICS-CLE-ASR" under the supervision of PI and Director
1.4) DEPRECIATION ON EQUIPMENT
Depreciation on all fixed assets is charged to income and expenditure account on straight-line
depreciable amount of an asset over its useful life i.e. thirty months at the rates stated in fix
project
1.5) ACCRUED & OTHER PAYABLES
Liabilities for the accured and other payables are initially recognized at fair value which is norma
1.6) COMPARATIVE FIGURES

No Comparative figures have been provided as this is first year of the project
1.7) CASH AND CASH EQUIVALENTS
Cash and cash equivalents includes cash in hand and cash at bank. These are carried in the ba
which approximately equals their fair value
2) EQUIPMENT
Major Equipment-Network Setup
Major Equipment-Printer
Major Equipment-Server
Major Equipment-Desktop/Laptop
Special Equipment-Telephony GW/cards
Special Equipment-Cell phones
Special Equipment-Smart Phones
Special Equipment-Phone line
Special Equip.-Back up power for servers
36 of 51

and executed by
Project
Other Equip.-Headsets and microphones
Other Equipment-Hard Drive
2.1) DEPRECIATION ON EQUIPMENT
37 of 51

and executed by
Project
3) GRANT RECEIVABLE FROM ICTRND FUND
Receivable from ICTRnD fund against Jan., Feb., Mar., 2015
4) CASH AND BANK BALANCES

Cash in hand
Cash at bank
5) CURRENT & OTHER LIABILITIES

Tax Payable
Accured Liabilities
Overheads payable to KICS-UET
6) PAYABLES - FUNDS RECEIVED FROM KICS AS LOAN

Chq No. 00027986 dated 30-1-2014 funds received as loan from KICS-OCR
Chq No. 00072736 dated 17-7-2014 received from KICS-OCR
Chq No. 00072744 dated 27-8-2014 received from KICS-OCR
7) GRANT RECEIVED FROM ICTRnD FUND

Chq No. 4435795 dated 28-6-2013 received from ICTRnD fund
Receivable : ICTRnD fund against Jan., Feb., Mar., 2015
38 of 51

and executed by
Project
8) TECHNICAL HR DEPLOYMENT & SUPPORT STAFF
Principal Investigator (PI)
Co-principal Investigator (CPI)
Project Manager (PM)
Team Lead(s)
Team Lead(s)
Professional Researchers / Developers
Computational Lingusits
Linguists/Social Scientist
Research/Development Assist.(Students)
Consultants
8.1) SUPPORT STAFF
Accounts Manager
Coordinator (PFFB)
9) TRAVELLING
Air Travel
AT- Foreign
AT- Domestic
Land Travel
LT- By Road
LT-By Rail
39 of 51

and executed by
Project
10) BOARDING AND LODGING

Room Rent
Food Allowance
40 of 51

and executed by
Project
11) MISCELLANEOUS
Research Materials & Supplies-Books
Repairs-Equipment
Other costs-Ads (Tender, Hiring, etc.)
Other costs-Line Rent for phone lines
Other costs-Calling cards
Other costs-Mobile phone connections of 4 diff providers
Other costs-Website Space
Other costs-Honorarium for Speakers
12) AUDIT CHARGES

NA
13) BANK CHARGES

Chq book charges
14) CONTINGENCY
Projector Screen
Books Photocopies
Repair of cabinets
HDMI
Dell leather bag for PI
Ms. Sana, Ms. Benazir, Ms. Farah, air travel overrun
Ms. Sana, Ms. Benazir, Ms. Farah, Conference Registration
Ms. Saba Urooj, conference registration
Dr. Tania Habib conference registration
15) OVERHEAD ON TECHNICAL HR DEPLOYMENT @ 10%

OVERHEAD ON SUPPORT STAFF @ 5%
OVERHEAD ON EQUIPMENT @ 3%
Overheads has been calculated on the basis of actual expenses at the rates specified in the budg
41 of 51

and executed by
Project
15.1) OVERHEAD PAID DURING THE YEAR
16) GENERAL
Figures have been rounded off to the nearest rupee.
42 of 51
funded by National ICT R&D Fund

and executed by
CLE), Al-Khawarizmi Institute of Computer Science (KICS),
gineering and Technology (UET) ,Lahore
obile Based Dialog Systems and Screen Readers for Urdu (ASR)
Project
OTES TO THE ACCOUNTS
ROM 1st July, 2013 TO 31st March, 2015
uary 2007 by Ministry of IT with the vision to transform Pakistan's economy into a
efficient, sustainable, and effective ICT (IT and Telecommunications) initiatives
ial and academic resources. Collaborative efforts between academia, research
ncouraged to ensure that local economy can reap the monetary benefits of
has significant funds available for proposals that are geared towards creating ICT
en National ICT R&D Fund and PI. The PI will undertake to administer the grant
e laboratory space, and other facilities necessary for the project.
ping the following systems.

r Urdu Language with the following specifications:
strict names across Pakistan in six major Urdu accents (Sindhi, Punjabi, Seraiki,
ystem will be limited to district names and will not recognize other location
ages, tehsils, etc. The system will recognize individual district names only and
es.
ain location names of Lahore in Lahore sub-urban accent of Urdu. The
mited to 200 major locations in Lahore. The system will recognize individual
mplete sentential responses.
u Language with the following specifications:
u text with a vocabulary of 10,000 words. The system will be able to process
speech. It will implement basic declarative and interrogative intonation patterns.
n Urdu:
ech recognition system for district names to provide weather information for
ech recognition system for location names of Lahore city to provide location
ich can be extended for other services
eader. The screen reader will be able to read out Urdu text. It will not process
by using the existing screen readers. Urdu text to speech system will be
API (SAPI) for integration with the screen reader for this purpose.
43 of 51

and executed by
Project
dited and are prepared in accordance with the requirements approved Generally
applicable in Pakistan.
epared on simple accrual accounting and historical cost approach. The financial
asis of funds received under the grant and the utilization of funds against project
44 of 51

and executed by
Project
ri Commercial Bank, Baghbanpura Branch, Shalimar Road, Lahore, in a separate

LE-ASR" under the supervision of PI and Director
d to income and expenditure account on straight-line method, so as to write offf

useful life i.e. thirty months at the rates stated in fixed assets schedule of the
les are initially recognized at fair value which is normally the transaction cost
ed as this is first year of the project
in hand and cash at bank. These are carried in the balance sheet at book value
e
PKR
32,827
1,196,900
-
45 of 51

and executed by
Project
32,850
36,980
1,299,557
581,417
46 of 51

and executed by
Project
PKR
3,525,258
3,525,258
PKR
58,160
58,160
PKR
2,382,094
2,382,094
PKR
1,500,000
1,000,000
350,000
2,850,000
PKR
4,247,156
1,000,000
856,921
2,558,549
3,606,846
5,181,976
3,525,258
20,976,706
47 of 51

and executed by
Project
PKR
1,216,800
562,092
1,365,315
864,496
732,409
573,779
626,773
649,717
607,932
613,517
614,843
661,349
648,956
610,607
719,283
696,066
796,113
729,469
42,097
34,747
34,376
25,190
220,000
13,645,923
547,500
547,500
PKR
40,000
102,600
-
48 of 51

and executed by
Project
142,600
PKR
51,734
46,930
98,664
49 of 51

and executed by
Project
PKR
20,568
73,345
29,679
32,840
12,600
21,215
141,250
331,497
PKR
PKR
241,160
241,160
PKR
8,500
9,247
2,300
1,300
10,000
23,600
10,500
3,500
3,500
72,447
PKR
2,362,901
23,625
4,356
2,390,882
sis of actual expenses at the rates specified in the budget
50 of 51

and executed by
Project
8,788
51 of 51

Financial Statements

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Management Accounts

A project funded by National ICT R&D Fund

Enabling Information Access through Mobile Based Dialog Systems and

Project Commencement Date

Project End Date

Reporting Period Start Date

Reporting Period End Date

Project Duration (in months)

* Receipt and Payment Statement

Name of Project Manager

Ms. Sana Shams

Atif Ali Javed

A project funded by National ICT R&D Fund

Tech HR Deployment, Support Staff for the month of July 2013

A project funded by National ICT R&D Fund

Equipment payment against supply of Laptops

Travelling Boading and Loading

Miscellaneous, Calling cards for mobile

A project funded by National ICT R&D Fund

Contingency, projector Screen

Institutional / Org. Overhead, white board

A project funded by National ICT R&D Fund

Overheads, Honorarium of Admin officer for Pre audit August 2014

Partial funds transfer, KICS-CLE-OCR

4435795 dated 28-6-2013 received from ICTRnD fund

Trial Balance total

roject funded by National ICT R&D Fund

roject funded by National ICT R&D Fund

roject funded by National ICT R&D Fund

roject funded by National ICT R&D Fund

General Journal Ledger

61-repair and maintenance

35-Anthony ferrera drawings

Adjusting entries journal

unearned rental fees

Office sullpies expense

Rental fee earned

anthony fererra capital

Anthony fererra capital

Ledgers for the year.

1-Jun Anthony Fererra Capital

15-Jun rental fees earned

5-Jun Accounts payable

1-Jun notes payable

Accumulate depreciation: rental equipment

30-Jun depreciation expense

5-Jun rental equipment

9-Jun office supplies

30-Jun interest expense

30-Jun salaries expense

Unearned rental fee

anthony fererra capital

anthony fererra drawing

30-Jun rental fees earned

Rental fees earned

9-Jun accounts payable

30-Jun accounts payable

30-Jun prepaid rent

office supplies expense

30-Jun accumulated deprecation

30-Jun interest payable

Friend wih a Truck