COMPANY NAME

BALANCE SHEET
(AS PER THE COMPANIES ACT,1956)
SCHEDULE-VI PART-I
AS ON MARCH 31ST, 20XX
SOURCES OF FUNDS AMOUNT
A. SHARE CAPITAL:-
AUTHORIZED SHARE CAPITAL:-
_______ EQUITY SHARES OF RS._____EACH XXXX
_______ PREFERENCE SHARES OF RS._____EACH XXXX XXXX
ISSUED SHARE CAPITAL:-
_______ EQUITY SHARES OF RS._____EACH XXXX
_______ PREFERENCE SHARES OF RS._____EACH XXXX XXXX
SUBSCRIBED, CALLED & PAID UP SHARE CAPITAL:-
_______ EQUITY SHARES OF RS._____EACH XXXX
_______ PREFERENCE SHARES OF RS._____EACH XXXX
(-) CALLS IN ARREARS (XXX)
(+) SHARES FORFEITED ACCOUNT XXX XXXX
{_______ SHARES(EQUITY/PREFERENCE) ISSUED FOR A CONSIDERATION OTHER
THAN CASH}
{_______ SHARES(EQUITY/PREFERENCE) ISSUED AS BONUS SHARES & FOR THIS
PURPOSE _____________________(RESERVE) IS USED}
{_______ PREFERENCE SHARES TO BE REDEEMED ON ___/___/______}
{CALLS IN ARREARS INCLUDE RS._________DUE FROM DIRECTOR & RS.________
DUE FROM OTHERS}

B. RESERVE & SURPLUS:-

CAPITAL RESERVE XXXX
CAPITAL REDEMPTION RESERVE XXXX
DEBENTURE REDEMPTION RESERVE XXXX
SECURITIES PREMIUM ACCOUNT XXXX
GENERAL RESERVE XXXX
EXPORT PROFIT RESERVE XXXX
DIVIDEND EQUALIZATION FUNDS XXXX
DEVELOPMENT REBATE RESERVE XXXX
REVALUATION RESERVE XXXX
PROJECT PROFIT RESERVE XXXX
INVESTMENT ALLOWANCES RESERVE XXXX
WORKMEN'S COMPENSATION FUND XXXX
WORKMEN'S ACCIDENT FUND XXXX
CONTINGENCY RESERVE XXXX
TARIFF & DIVIDEND RESERVE XXXX
ANY OTHER STATUTORY RESERVE XXXX
PROFIT & LOSS ACCOUNT XXXX

C. SECURED LOANS:-
DEBENTURES XXXX
BONDS XXXX
BANK OVERDRAFT XXXX
LOAN ADVANCED FROM BANK SUCH AS ICICI BANK, OBC, BOB XXXX
LOAN ADVANCED FROM FINANCIAL INSTITUTION SUCH DBS CHOLAMANDALA XXXX
INTEREST ACCRUED AND DUE* XXXX
{LOAN GUARANTEED BY DIRECTOR SUCH THAT ON NON-PAYMENT BY COMPANY
THEY ARE HELD LIABLE}
{________ DEBENTURE WHICH ARE CONVERTIBLE IN SHARES}
{SECURITY FOR WHICH THEY ARE ALREADY SECURED}

D. UNSECURED LOANS:-
BONDS XXXX
LOAN RECEIVED FROM RELATIVES, FRIENDS ETC. XXXX
LOAN FOR WHICH NO SECURITY HAS BEEN GIVEN XXXX
INTEREST ACCRUED AND DUE* XXXX
TOTAL OF SOURCES OF FUNDS (A+B+C+D) XXXXXX

APPLICATION OF FUNDS
A. FIXED ASSETS:-**
GOODWILL XXXX
PATENTS XXXX
COPYRIGHT XXXX
TRADEMARKS XXXX
LAND & BUILDING XXXX
PLANT & MACHINERY XXXX
FREEHOLD LAND OR LEASEHOLD LAND XXXX
RAILWAY SIDING XXXX
FURNITURE & FIXTURE XXXX
LIVESTOCK XXXX
PROPERTY DEVELOPMENT XXXX
VEHICLES XXXX
COMPUTER XXXX
BOOKS XXXX
CAPITAL WORK IN PROGRESS XXXX
{ALL THOSE ASSETS WHICH GIVES US BENEFIT IN NEAR FUTURE IN THE
MONETARY TERMS AFTER USING THEM IN PRODUCTION OF UTILITY & PROVIDING
OR RENDERING OF SERVICES. THESE HAVE A LIFE MORE THAN ONE MONTH}
{ANY REVALUATION IN THE BOOK VALUE OF THE ASSETS SHOULD BE SHOWN
DISTINCTIVELY}
{ON INTANGIBLE ASSETS, IT IS BETTER TO USE AMORTIZATION INSTEAD OF
DEPRECIATION}

B. INVESTMENTS:-
BONDS TAKEN IN OTHER COMPANY XXXX
GOVERNMENT SECURITIES XXXX
TRUST SECURITIES XXXX
DEBENTURES TAKEN IN OTHER COMPANY XXXX
SHARES TAKEN IN OTHER COMPANY XXXX
FIXED DEPOSITS {FOR MORE THAN ONE YEAR} XXXX
{IT FURTHER INCLUDES ALL THE REMAINING ASSETS WHICH WE HAVE FOR MORE
THAN ONE YEAR. THESE ARE IN ADDITION TO THE FIXED ASSETS}
{SPECIFY THE NATURE OF INVESTMENT SUCH AS IN THE CASE OF SHARES
WHETHER THESE ARE QUOTED OR UNQUOTED}
{CLASSIFY THE INVESTMENT AS TRADE INVESTMENT & NON-TRADE INVESTMENT}

C. NET CURRENT ASSETS:-

CURRENT ASSETS & LOAN AND ADVANCES:-
INVENTORIES*** XXXX
SUNDRY DEBTORS**** XXXX
CASH IN HAND XXXX
CASH AT BANK XXXX
BILLS RECEIVABLE XXXX
ADVANCE TAX XXXX
T.D.S. XXXX
LOAN ADVANCED TO ANYONE XXXX
PREPAID EXPENSES XXXX
ACCRUED INCOMES XXXX
ADVANCE TO EMPLOYEES XXXX
ADVANCE TO SUPPLIERS XXXX
SECURITY DEPOSITS XXXX
PORT TRUSTS XXXX
LESS: CURRENT LIABILITIES:-
SUNDRY CREDITORS (XXXX)
PROVISION FOR TAXATION (XXXX)
PROVISION FOR GRATUITY & PENSION (XXXX)
PROVISION FOR CONTINGENCIES (XXXX)
PROPOSED DIVIDEND (XXXX)
INTERIM DIVIDEND (XXXX)
UNCLAIMED DIVIDEND (XXXX)
OUTSTANDING EXPENSES (XXXX)
ADVANCE INCOME (XXXX)
BILLS PAYABLE (XXXX)
PROVISION FOR FRINGE BENEFIT TAX (XXXX)
PROVISION FOR WEALTH TAX (XXXX)
PROVISION FOR LEAVE (XXXX)
PROVIDENT FUND SCHEME (XXXX)
INTEREST ACCRUED BUT NOT YET DUE***** (XXXX) (XXXX)

D. MISCELLANEOUS EXPENDITURE:-******
PRELIMINARY EXPENSES XXXX
BROKERAGE XXXX
UNDERWRITING COMMISSION XXXX
DISCOUNT ON ISSUE OF SHARES & DEBENTURES XXXX
INTEREST PAID OUT OF CAPITAL DURING CONSTRUCTION PERIOD XXXX
DEVELOPMENT EXPENDITURE XXXX
DEFERRED REVENUE EXPENDITURE XXXX
PRE-INCORPORATION EXPENSES XXXX
PRE-OPERATIVE EXPENSES XXXX XXXX
TOTAL OF APPLICATION OF FUNDS (A+B+C+D) XXXXXX

* INTEREST ACCRUED AND DUE DATE FOR THE PAYMENT OF THAT INTEREST
COME BUT PAYMENT IS NOT MADE TILL NOW
** FIXED ASSETS - ASSETS SHOWN ABOVE ARE ON ORIGINAL COST. YOU HAVE
TO SHOWN THE DEPRECIATED VALUE AFTER DEDUCTING PROVISION FOR
DEPRECIATION FROM THEM SUCH AS:-
FURNITURE XXXXX
LESS: PROVISION FOR DEPRECIATION X XXXX
*** THE TERM INVENTORY INCLUDES ALL CONSUMABLE STORES, RAW MATERIAL,
FINISHED MATERIAL ETC.}
**** THE TERM SUNDRY DEBTORS INVOLVES AMOUNT AFTER DEDUCTING THE
LOSS OCCURS ON BAD DEBT & CHANCES OF HAVING LOSSES DUE TO
NEGLIGENCE BY CUSTOMER (PROVISION FOR DOUBTFUL DEBT)}
***** INTEREST ACCRUED AND DUE DATE FOR THE PAYMENT OF THAT INTEREST
DID NOT YET CAME
****** MISCELLANEOUS EXPENDITURE IS TO BE WRITE OFF IN FIVE YEARS
 COMPANY NAME
PROFIT AND LOSS ACCOUNT
(AS PER THE COMPANIES ACT,1956)
SCHEDULE-VI PART-II
FOR THE YEAR ENDED MARCH 31ST, 20XX
PARTICULARS AMOUNT
A. NET SALES
GROSS SALES XXXXX
LESS: RETURN (XX) XXXX

B. COST OF GOODS SOLD

OPENING STOCK XXXX
ADD: PURCHASES DURING THE YEAR* XXXX
ADD: DIRECT EXPENSES
BONUS TO WORKERS XXXX
CARRIAGE ON PURCHASES OR INWARD XXXX
CARTAGES XXXX
COAL, GAS, WATER, OIL & GREASING XXXX
CUSTOM DUTY ON IMPORTED GOODS XXXX
DOCK CHARGES XXXX
EXCISE DUTY XXXX
FACTORY EXPENSES XXXX
FACTORY RENT & INSURANCE XXXX
FRIGHT INWARD XXXX
HEATING & LIGHTENING XXXX
LOSS BY BREAKAGE XXXX
LOSS BY PRIFILAGE XXXX
LOSS BY SPOILAGE XXXX
LOSS BY VAPORIZATION XXXX
OCTROI XXXX
POWER & FUEL XXXX
ROYALTIES XXXX
ANY OTHER NORMAL LOSS XXXX
WAGES & MANUFACTURING WAGES XXXX XXXX
COST OF GOODS AVAILABLE FOR SALE XXXX
LESS: CLOSING STOCK XXXX XXXX
C. GROSS PROFIT (A-B) XXXX
D. OPERATING EXPENSES
J OFFICE AND ADMINISTRATIVE EXPENSES
AMORTIZATION (INTANGIBLE ASSETS) XXXX
BANK CHARGES XXXX
BONUS TO EMPLOYEES XXXX
CONVEYANCES CHARGES XXXX
DEPRECIATION (TANGIBLE ASSETS) XXXX
DISCOUNT XXXX
DONATION XXXX
ELECTRICITY CHARGES XXXX
ENTERTAINMENT EXPENSES XXXX
ESTABLISHMENT EXPENSES OR CHARGES XXXX
EXCHANGE DIFFERENCE XXXX
MANAGERIAL REMUNERATION XXXX
MISCELLANEOUS EXPENSES XXXX
 OFFICE INSURANCE XXXX
OFFICE RENT XXXX
POSTAGE & TELEGRAMS XXXX
PRINTING & STATIONERY XXXX
RATES AND TAXES XXXX
REPAIR & RENEWALS XXXX
SALARIES XXXX
STABLE EXPENSES XXXX
STAFF WELFARE EXPENSES XXXX
SUNDRY TRADE EXPENSES XXXX
WATER CHARGES XXXX XXXX
L SELLING & DISTRIBUTION EXPENSES
ADVERTISEMENT EXPENSES XXXX
BAD DEBTS XXXX
BROKERAGE PAID TO AGENT XXXX
CARRIAGE ON SALES OR OUTWARD XXXX
COMMISSION PAID TO AGENTS XXXX
DISCOUNT XXXX
DISTRIBUTIVE EXPENSES XXXX
ENTERTAINMENT EXPENSES XXXX
EXPORT DUTY XXXX
FRIGHT OUTWARD XXXX
LICENSE FEES XXXX
PACKING CHARGES XXXX
PROVISION FOR BAD DEBTS XXXX
SALES PROMOTION EXPENSES XXXX
TELEPHONE EXPENSES XXXX
TRAVELING CHARGES XXXX XXXX
TOTAL (J+L) XXXX
E. NET OPERATING PROFIT (C-D) XXXX
F. NET NON-OPERATING PROFIT/LOSS
ª NON-OPERATING INCOME
APPRENTICESHIP PREMIUM XXXX
BAD DEBT RECOVERED XXXX
BANK INTEREST XXXX
COMMISSION EARNED XXXX
DISCOUNT RECEIVED XXXX
DIVIDEND ON SHARES XXXX
EXCHANGE DIFFERENCE XXXX
INCENTIVE XXXX
INCOME FROM OTHER SOURCES XXXX
INCOME ON INVESTMENT XXXX
MISCELLANEOUS REVENUE GAINS XXXX
PROFIT ON SALE OF FIXED ASSETS XXXX
RENT FROM TENANTS XXXX XXXX
ü NON-OPERATING EXPENSES
AUDIT FEES XXXX
INTEREST ON BANK OVERDRAFT XXXX
INTEREST ON LOAN XXXX
LAW COSTS XXXX
LEGAL CHARGES XXXX
LOSS ON SALE OF FIXED ASSETS XXXX
PROVISION FOR TAXATION XXXX XXXX
G. NET PROFIT BEFORE APPROPRIATION (E-F) XXXX
 ADD: PROFIT & LOSS ACCOUNT {OPENING BALANCE} XXXX
LESS: DIVIDEND
INTERIM DIVIDEND XXXX
PROPOSED DIVIDEND XXXX XXXX
CORPORATE DIVIDEND TAX XXXX
TRANSFER TO SPECIFIC RESERVE XXXX
TRANSFER TO FREE RESERVE XXXX
BALANCE TRANSFERRED TO PROFIT & LOSS ACCOUNT SHOWN IN BALANCE SHEET XXXX

* HERE THE PURCHASES MADE DOES NOT INCLUDES RETURN i.e. NET PURCHASES
HAVE TO BE TAKEN SUCH AS
PURCHASES
(-)DONATION (CHARITY)
(-)GOODS AS ADVERTISEMENT
(-)LOSS BY BREAKAGE
(-)LOSS BY FIRE
(-)LOSS BY PREFILAGE
(-)LOSS BY SPOILAGE
(-)LOSS BY THEFT
(-)LOSS BY VAPORIZATION
(-)NORMAL LOSS