Post on 10-Oct-2020
Panjim Gymkhana - Annual Report 2018 1
PANJIM GYMKHANABANDODKAR GROUND, CAMPAL, PANJIM - GOA 403 001.
Telephone No. 0832 2225818, Email : panjimgymkhana@gmail.com
NOTICE
Annual General Meeting of Panjim Gymkhana for the period from 01/04/2017 to 31/03/2018 shall be held on Sunday 2nd September 2018 at 10.30 am at Panjim Gymkhana, Campal, Panji Goa.
AGENDA
1) To read the Notice convening the meeting.2) ToreadandconfirmtheMinutesoftheAGMMeetingheldon17thSeptember2017.3) ToconsiderandadopttheAuditedStatementofAccounts,AnnualReportandtheAuditor’sreportthere
onfortheyear2017-2018.4) ToAppointanAuditorfortheyear2018-2019.5) ToapprovethesealingofNewMembershipsandtoapprovenewratesfordifferentcategoryofmembers.6) TodiscussanddecideinregardstotheaffiliationwithothergymkhanasandclubinIndia.7) Toapprovetheamendments/additionstotheRules&Regulations,asproposedintheAmendments/
AdditionsannexedtothisAnnualReport.8) Anyothermatterswiththepermissionofthechair.
Note:a) Ifnoquorumisfoundattheappointedtime,themeetingshallstandadjournedandreconvenedafter
30minutesatthesameplaceanddate.b) MembershavinganyqueriesregardingtheAnnualReportorstatementofAccountsarerequestedto
submitthesameinwritingtotheHon.Secretaryonorbefore15thAugust2018.c) Onlywrittenqueries receivedby theduedatewill be entertained at the timeof theGeneralBody
Meeting.d) UnderRule57,atleast14days’noticeshouldbegivenandresolutionshouldbepassedbyamajority
of2/3rdofthememberspresentandentitledtovote.
Panjim Gymkhana - Annual Report 20182
PANJIM GYMKHANA
THEMANAGINGCOMMITTEETAKESPLEASUREINSUBMITTINGTHEMEMBERSASHORTREPORTOFTHEWORKINGOFTHESOCIETYFORTHEYEARENDED31STMARCH2017.
• ACCOUNTS:TheAuditedStatementofAccounts andBalanceSheet is attachedherewithanda copyof the same isdisplayedontheNoticeBoard.
• MEMBERSHIP:The total membership of the Society as on 31stMarch2018isasfollows:ORDINARY-13,SYMP-1,LIFE-1953,DONOR-110,PATRON-624We have total 2701 members
• ACTIVITIES: • PanjimGymkhana44thAngley’scupTableTennisMen’steamchampionship2017wherein7teams
participated. Finalswas played betweenDil-Jit team andVerenkerz teamon 9th July 2017 at theCampalIndoorStadium.Shri.SidharthKunkolienkarChairmanofEDCwastheChiefGuestfortheeventanddistributedtheprizestothewinnersandrunnersup.
• PanjimGymkhanaAllGoaMajorRankingT.T.Tournament2017 Juniorboys-23Nos.Men’s-32Nos.Ladies-20Nos.Jr.Girls-20Nos.
• Finals ofAll Goa State Ranking T. T. Tournament of Panjim Gymkhana in Jr. Girls, Jr. Boys,LadiesandMenscategorieswasheldonSunday23rdJuly2017atIndoorStadiumCampal,Panaji,Goa.PrizeswerehandedovertothefinalistsatthehandsofChiefGuestMsTanisiKirtaniwhoistheSubJunior,JuniorsandLadiesChampionofGoain2016-17sheisworldRank82inJune17and8th RankinyouthinIndia.
ForPanjimGymkhana S/d RajeshA.Khaunte Hon.Secretary.
Panjim Gymkhana - Annual Report 2018 3
PROPOSEDAMENDEMENTSTOTHECONSTITUTIONRECOMMENDEDBYTHE MANAGING COMMITTEE.
1) ToaddRule17Aasfollows: 17A.Therightsandprivilegesofeverymembershallnotbetransferred.Onthedemiseofanindividual
member,his/hersurvivingspouseshallhaverights tocontinuethemembershipofhis/herdeceasedspouse.
2) ToAddRule17Basfollows: 17B.Everymembermaybringasguest/guestsanypersonorpersonstothesocietypremisessubjectto
paymentoffeesasprescribedbytheManagingCommitteefromtimetotime.TheManagingCommitteeshallprescribesuchfeestobepaidasalsothefrequencyofvisitsoftheguestattheSocietypremises.ThemembersconcernedshallabidebythesaiddecidionsoftheManagingCommitteeandshallalsoberesponsiblefortheconductoftheguestattheSocietypremises.
3) ToAmendRule34Readas:FourteenDaysatleastbeforetheAnnualGeneralMeetinganoticeofsuchmeetingandof thebusiness tobe transactedthereaftershallbeputonthenotice-boardin thesocietyandacopythereoftheauditedaccountsandthedraftreportshallbesenttoeverymember.NootherbusinessthanthatofwhichnoticehasbeengivenintheAgendaorunderRule41belowshallbebroughtforwardatsuchmeeting.Thedraftreport,balancesheetandstatementofaccountsshallalsobeputontheNotice-BoardFourteendaysbeforethemeeting.
Shouldbeamendedas:”FourteenDaysatleastbeforetheAnnualGeneralMeeting,anoticeofsuchmeetingandofthebusinesstobetransactedthereaftershallbeputontheNotice-BoardintheSocietyandacopythereofalongwiththeAnnualReportshallbegiventothemembersbyrespective e mails registered with the Society, but the accidental omission to give or non receipt of such notice by any member shall not invalidate the proceedings of the Annual General Meetong. Notice of any such meeting shall be published in any one local newspaper.
All Correspondence required to be sent to members shall be sent on e-mail of the member which isregisteredwiththesociety”.
Panjim Gymkhana - Annual Report 20184
IndependentAuditors’Report
TheMembers,PanjimGymkhanaCampal,Panjim–Goa.
ReportontheFinancialStatementsWehaveauditedtheaccompanyingfinancialstatementsofPANJIMGYMKHANA,Panjim–Goa,whichcompriseoftheBalanceSheetasatMarch31,2018andtheIncome&ExpenditureAccountfortheyearthenendedandasummaryofsignificantaccountingpoliciesandotherexplanatoryinformation.
Management’sResponsibilityfortheFinancialStatementsManagementisresponsibleforthepreparationofthesefinancialstatementsthatgiveatrueandfairviewof thefinancialpositionandfinancialperformanceof theGymkhanainaccordancewiththeaccountingprinciples generally accepted in India. This responsibility includes the design, implementation andmaintenanceofinternalcontrolsrelevanttothepreparationandpresentationofthefinancialstatementsthatgiveatrueandfairviewandarefreefrommaterialmisstatement,whetherduetofraudorerror.
Auditor’sResponsibilityOurresponsibilityistoexpressanopiniononthesefinancialstatementsbasedonouraudit.WeconductedourauditinaccordancewiththeStandardsonAuditingissuedbytheInstituteofCharteredAccountantsofIndia.ThoseStandardsrequirethatwecomplywithethicalrequirementsandplanandperformtheaudittoobtainreasonableassuranceaboutwhetherthefinancialstatementsarefreefrommaterialmisstatements.
Anauditinvolvesperformingprocedurestoobtainauditevidenceabouttheamountsanddisclosuresinthefinancialstatements.Theproceduresselecteddependontheauditor’sjudgment,includingtheassessmentoftherisksofmaterialmisstatement,ofthefinancialstatements,whetherduetofraudorerror.Inmakingthoseriskassessments,theauditorconsidersinternalcontrolrelevanttotheentity’spreparationandfairpresentation of the financial statements in order to design audit procedures that are appropriate in thecircumstancesbutnotforthepurposeofexpressinganopinionontheeffectivenessofInternalcontrol.Anauditalsoincludesevaluatingtheappropriatenessoftheaccountingpoliciesusedandthereasonablenessoftheaccountingestimatesmadebythemanagement,aswellasevaluatingtheoverallpresentationofthefinancialstatements.
Webelievethattheauditevidencewehaveobtainedissufficientandappropriatetoprovideabasisforourauditopinion.
OpinionInouropinionandtothebestofourinformationandaccordingtotheexplanationgiventous,thesaidfinancialstatements,presentatrueandfairview:-I. IncaseoftheBalanceSheet,ofthestateofaffairsoftheGymkhanaasat31stMarch2018II. InthecaseoftheIncomeandExpenditureAccount,oftheExcessofExpenditureoverIncomeforthe
yearendedonthatdate.
Panjim Gymkhana - Annual Report 2018 5
EMPHASISOFMATTERDuringtheyear,theManagementhasdetectedembezzlementofcashbyanemployeeoftheGymkhana.AfterhavingrecoveredapartofmisappropriatedfundsfromhimthebalancerecoverablehasbeencurrentlypeggedatRs2,55,990/-andthesamehasbeenshownasreceivablefromtheemployeeintheBalanceSheetundertheheadingLoans&AdvancesinScheduleM.
TheembezzledamountwaslargelyoutofthemembershipfeesreceivedincashbytheGymkhana.
Other MatterWefurtherreportthat:a) Cashinhand,andStockofsportsgoodsattheendoftheyearareascertifiedbythemanagement.b) Inthecaseofabsenceofsupportingbillsforexpenses,wehavereliedontheauthorityaccordedtosuch
expensesbytheSecretary/Treasurer.c) TheGymkhanainauguratedPhaseIofitsbuildingProjecton26.01.2018afterhavingcarriedouttwo
yearsofextensivedevelopmentandconstructionwork.d) NoDepreciationhasbeenchargedonthenewlyconstructedGymkhanaBuildingduringtheyeare) OtherCurrentLiabilitiesbeingRs.75,16,170/-payabletoRBSCandiaparkarissubjecttoconfirmation.
ReportonotherLegalandRegulatoryRequirementsWereportthat:a) Wehaveobtainedalltheinformationandexplanations,whichtothebestofourknowledgeandbelief
werenecessaryforthepurposeofouraudit.b) InouropinionproperbooksofaccountshavebeenkeptbytheGymkhanasofarasitappearsfromour
examinationofsuchbooks.c) TheBalanceSheetandtheIncomeandExpenditureAccountdealtwithbythisreportareinagreement
withthebooksofaccountsoftheGymkhana.
ForM/sShilpaDeshpande&Associates CharteredAccountants, FirmReg.No.;119986W
S/d ShilpaDeshpande Proprietor Memb.No.108077Place:Merces-GoaDate:14/07/2018
Panjim Gymkhana - Annual Report 20186
PANJIM GYMKHANABANDODKAR GROUND, CAMPAL, PANJIM - GOA 403 001.
PanjimGymkanawasestablishedin1963withtheobjectofdevelopmentandpromotionofsportsinGoa.ItisregisteredundertheSocietiesRegistrationAct1860and12AoftheIncomeTaxAct1961.
SIGNIFICANTACCOUNTINGPOLICIES
I SYSTEMOFACCOUNTINGa) Theaccountsarechieflymaintainedonaccrualsystemofaccounting.b) Financialstatementsarebasedonhistoricalcosts
II FIXEDASSETSa) FixedAssetsarecapitalizedatacquisitioncost,includingdirectlyattributablecostsuchasfreight,
insuranceandinstallationchargesforbringingtheassetintoworkingconditionforuse.
III DEPRECIATIONa) DepreciationisprovidedonFixedAssetsonWrittendownValuebasisattheratesandinthemanner
prescribedundertheIncometaxAct1961b) NoDepreciationisprovidedonassetsdemolished/discardedduringtheyear.c) DepreciationonFixedAssets/thatportionoftheFixedAssetagainstwhichdonations/Sponsorships
havebeenreceivedisnotchargedto theIncomeandExpenditureAccountbutdeductedfromtheDonation/Sponsorshipreceived.
IV REVENUERECOGNITIONa) Revenue(income)isrecognisedwhennosignificantuncertaintyastoitsdetermination/realization
exists.b) Revenuefromservicesisrecognizedwhentheservicesarerendered.c) InterestincomeisaccountedonAccrualbasis.d) DonationsarerecognizedonReceiptbasis.
V GRANTSa) RevenuegrantsarerecognizedintheStatementofIncomeandExpenditureAccountwhenthereis
reasonableassurancethatthegrantwillbereceived.
VI USEOFESTIMATES The preparation of financial statements, in conformity with the generally accepted accounting
Panjim Gymkhana - Annual Report 2018 7
principles,requireestimatesandassumptionstobemadethataffectthereportedamountofassetsandliabilitiesonthedateoffinancialstatementsandthereportedamountofrevenuesandexpensesduringthereportedyear.Differencesbetweentheactualresultsandestimatesarerecognizedintheyearinwhichtheresultsareknown/materialized.
VII CAPITALWORKINPROGRESS Expenditureduringconstructionperiodisincludedundercapitalwork-in-progressandthesameis
allocatedtotherespectivefixedassetsonthecompletionoftheproject.
VIII INVESTMENTS Investmentsthatarereadilyrealisableandintendedtobeheldfornotmorethanayearareclassified
ascurrentinvestments.Allotherinvestmentsareclassifiedaslongterminvestments.
NOTESFORMINGPARTOFTHEACCOUNTSFORTHEYEARENDING31.03.2018
1. The Gymkhana inaugurated Phase I of its Project on 26.01.2018 after two years of extensivedevelopment/constructionwork.ThecostofthecompletedProjecthasbeencapitalizedandallocatedtotherespectiveFixedAssetsintheBalanceSheet.
2. TheGymkhanawasunabletoconductmostofitsusualSportseventsandactivitiesduringtheyearduetotheconstruction/developmentwork.Howevertherestaurant,lawnsbookingforeventsandswimmingpoolfacilitieswereavailableforuseduringasmallpartoftheyear.
3. TheManagementhasdecidednotchargedepreciationontheGymkhanaBuildingcapitalizedduringtheyearasitwasyettobeoperatedinthemannerintendedbymanagement.
4. Outof the totalDepreciationofRs. 5,84,225/-(previousyearRs. 29,117/-) for theyearonFixedAssets,DepreciationpertainingtoDonatedAssetsRs.12,806/-(previousyearRs.13,854/-)isnotchargedtotheIncomeandExpenditureAccountbutdeductedfromtheDonations/SponsorshipforAssetsAccount.BalancedepreciationofRs.5,71,419/-(previousyearRs.15,263/-) ischargedtoIncomeandExpenditureAccount.
5. AdvanceMembershipfeesofRs.2,50,000/-havebeenshownascurrentliabilitiesastheirmembershipapplicationsarependingforapproval.
6. UnsecuredInterest-freeloanofRs.2croresadvancedbyMrPrasadKeniisrepayableaftertwoyears.
7. Afteraduetenderingprocess,theGymknanahasenteredintoaLicenseAgreementwithRitzClassicforaperiodoffiveyearsfrom01.02.2018to31.01.2023forrunningtheirrestaurantattheGymkhanapremisesatamonthlylicensefeeofRs.1lacandasecuritydepositofRs.3lacs.
8. Anembezzlementof cash fundsbyanemployeewasdetectedduring theyear.Theextentof the
Panjim Gymkhana - Annual Report 20188
embezzledamountiscurrentlypeggedatRs.3,55,990/-andafterhavingrecoveredapartofthecashfromhimthebalancereceivableisRs.2,55,990/-whichisshownasreceivablefromtheemployeeintheBalanceSheet.
9. Previousyear’sfigureshavebeenregrouped/recastwherevernecessarytomakethemcomparablewithcurrentyearfigures.
ForM/sShilpaDeshpande&AssociatesCharteredAccountants, S/dFirmReg.No.;119986W PRESIDENT
S/d S/dShilpaDeshpande SECRETARYProprietorMemb.No.108077
Place:Merces-GoaS/dDate:14/07/2018 TREASURER
Panjim Gymkhana - Annual Report 2018 9
PAN
JIM
GY
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Num
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BALANCESHEETASON31/03/2018
ASPE
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OFEV
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/sShilpaDeshpande&Associates
FORPANJIMGYMKHANA
CharteredAcountants
Firm.R
eg.N
o:119986W
S/d
S
/d
S
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S
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Des
hpan
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Pr
esid
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Se
cret
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Tr
easu
rer
Proprietor
Mem
No:108077
Place:M
erces-Goa
Date:14/07/2018
31/0
3/20
17LIABILITIES
Sch
31/0
3/20
1831
/03/
2017
Ass
ets
Sch
31/0
3/20
18
4,59,94,219
CapitalFund
A10,11,43,476
1,80,853
FixedAssets
H11,44,23,964
80,539
Donation/Sponsorshipfor
Assets
B75,87,733
6,09,08,549
CapitalW
orkinProgress
G1,49,550
81,29,211
Income&Expenditure
Account(surplus)
C56,00,286
1,00,550
LongTermInvestments
I1,00,550
73,597
SpecialFunds
D0
0CurrentInvestmentsFixed
Deposit
J2,56,50,051
28,03,397
SecurityDeposit
E49,18,671
11,722
CurrentAssets
K2,70,632
58,29,383
CurrentLiabilities
F1,06,97,438
8,790
Deposits
L1,26,425
0UnsecuredInterest-free
Loanfrom
PrasadKeni
2,00,00,000
9,28,807
Loans&
Advances
M23,06,735
7,71,075
Cash&BankBalances
N69,19,697
6,29
,10,
346
14,9
9,47
,604
6,29
,10,
346
14,9
9,47
,604
Panjim Gymkhana - Annual Report 201810
PAN
JIM
GY
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INCOMEANDEXPE
NDITUREACCOUNTFO
RTHEYEARENDING31/03/2018
ASPE
ROURREP
ORT
OFEV
ENDAT
EForM
/sShilpaDeshpande&Associates
FO
RPANJIMGYMKHANA
CharteredAcountants
Firm.R
eg.N
o:119986W
S/d
S
/d
S
/d
S
/dSh
ilpa
Des
hpan
de
Pres
iden
t
Secr
etar
y
Trea
sure
rProprietor
Mem
No:108077
Place:M
erces-Goa
Date:14/07/2018
31/0
3/20
17EXPE
NDITURE
Sch
31/0
3/20
1831
/03/
2017
INC
OM
ESc
h31
/03/
2018
4,77,750
ToOffice/staffExpenses
19,15,662
6,08,373
ByInterestonInvestments
83,59,993
6,409
ToM
aintenanceExpenses
21,84,801
20,633
ByOtherIncome
96,44,714
20,678
ToEstablishm
entE
xpenses
37,88,027
21,700
ByTournamentE
ntryFees
1017,900
1,51,186
ToTournam
entE
xpenses
43,09,134
17,000
BySponsorshipIncome
1120,000
0ToSportsGoodsConsumed
524,020
1,74,427
ToOtherExpenses
67,78,469
15,263
ToDepreciation
75,71,419
0ToExcesso
fIncom
eOver
ExpenditureTrftoBalance
Shee
t
01,78,007
ByExcesso
fExpenditure
OverIncom
eTrftoBalance
Shee
t
25,28,925
8,45
,713
35,7
1,53
28,
45,7
1335
,71,
532
Panjim Gymkhana - Annual Report 2018 11
SCHEDULEIVSeeRules8(1)and10(2)
PANJIM GYMKHANABANDODKAR GROUND, CAMPAL, PANJIM - GOA 403 001.
Registration Number : 284 dated. 26/06/1970
SchedulesformingpartofIncome&ExpenditureAccountfortheyearending31/03/2018
Schedule - 5
Previous Year 2017
Sports Goods Consumed
Current Year 2018
4,584 OpeningStock 4,5840 Add:SportsGood
Purchased 24,0204,584 28,6044,584 Less:ClosingStock 4,584
0 24,020
Schedule - 3
Previous Year 2017
Establishment Expenses
Current Year 2018
9,892 Printing&Stationary 97,2559,286 Telephone 20,496
0 Electricity 2,52,574
0 Water 1,23,440
0 SecurityCharges 2,92,762
1,500 LeaseRent 1,500
20,678 7,88,027
Schedule - 2
Previous Year 2017 MaintenanceExpenses Current
Year 20181,950 Repairs&Maintenance 1,24,809
0 GroundMaintenance 21,0230 GensetMaintenance 16,220
4,459 ComputerMaintenance 5,161
0SwimmingPoolMaintenance 15,583
0 VehicleMaintenance 8600 BadmintonMaintenance 2400 PoolTableMaintenance 905
6,409 1,84,801
Schedule - 1
Previous Year 2017 StaffExpenses Current
Year 20184,59,000 Salaries&Wages 9,04,167
0 StaffWelfare 11,49518,750 Bonus 0
4,77,750 9,15,662
Schedule - 4
Previous Year 2017 TournamentExpenses Current
Year 201897,136 T.T.Tournament 1,18,744
54,050CricketTournamentParticipationExpenses 1,90,390
1,51,186 3,09,134
Panjim Gymkhana - Annual Report 201812
Schedule - 6
Previous Year 2017 OtherExpenses Current
Year 201812,716 Advertisement 35,1251,075 AffiliationFees 1,09068,750 AGMExpenses 49,656
431 BankCharges 3,9380 PanjimGymkhana
InaugrationExpenses3,79,072
0 MunicipalTax 1,16,8050 Licence&Registration
Fees49,200
0 TATASkySubscription 8,5003,041 MiscellaneousExpenses 34,85120,000 AuditFees 20,000
0 EventsandFestivals 22,4343,000 LuxuryTaxReg.Fees 012,657 IDCards 38,812
0 Interest&Penalties 10,9820 TransportCharges 7,8240 TTTableExp 180
43,232 SpecialGeneralBodyMeetingExp
0
9,525 ElectionExpenses 01,74,427 7,78,469
Schedule - 9
Previous Year 2017 Other Income Current
Year 20180 PoolSideLawnIncome 23,750
1,360 OrdinaryMembershipFees
1,360
0 RestaurantRent 2,00,0000 SunsetLawnBooking 2,85,0000 TenderDocument
Income5,458
193 MiscellaneousIncome 89,97275 Dividend 3,1510 SwimmingPool
Receipt14,204
19,005 InterestonIncomeTaxRefund
21,819
20,633 6,44,714
Schedule - 7
Previous Year 2017 Depreciation Current
Year 201815,263 DepreciationonAssets 5,71,41915,263 5,71,419
Schedule - 10
Previous Year 2017 TournamentEntryFees Current
Year 201821,700 TableTennis 17,90021,700 17,900
Schedule - 11
Previous Year 2017 Sponsorship Income Current
Year 201817,000 TableTennis(Angleys) 20,00017,000 20,000
Schedule - 8
Previous Year 2017 Interest on Investments Current
Year 201899,512 InterestonSavingBank 1,93,27313,128 InterestonGUCBFDR 0
5,74,712 InterestonSaras.Bk.FDR
1,66,720
6,87,352 3,59,99378,979 Less:Intereston
Prematurity0
6,08,373 3,59,993
Panjim Gymkhana - Annual Report 2018 13
Schedule - A
Previous Year 2017 CapitalFund Current
Year 2018
3,10,87,525 OpeningBal 4,59,94,219
76,50,000 Add:LifeMembershipFees 2,08,00,000
6,50,000Add:DonorMembershipFees 33,75,000
44,25,000Add:PatronMembershipFees 3,09,00,000
21,81,694Add:TransferredfromSpecialFunds 73,597Add:TransferredfromOtherDeposits 660 74,257
4,59,94,219 10,11,43,476
Schedule - C
Previous Year 2017
Income&ExpenditureA/c
Current Year 2018
83,07,218 OpeningBal 81,29,211
-1,78,007
Add/(Less):ExcessofIncomeoverExpenditure/(ExpoverIncome) -25,28,925
81,29,211 56,00,286
Schedule-B
Previous Year 2017
Donation/ Sponsorship for Assets
Current Year 2018
5,492WaterTank(DonatedByApicon2007) 4,943
7,052AirConditioner(VijayNadkarni) 5,994
67,995PitchRoller(PartDonatedbyApicon2007) 57,796
0TTTabledonatedByAdvYogeshNadkarni 9,500
0ConferencetabledonatedbyJoeMathias 9,500
0DonationsforTennisCourt(2018) 45,00,000
0DonationsforBadmintonCourt(2018) 10,00,000
0DonationforDressingRoom(VisitorTeam)2018 10,00,000
0DonationforDressingRoom(HomeTeam)2018 10,00,000
80,539 75,87,733
Schedule - E
Previous Year 2017
Security and Other Deposit
Current Year 2018
50,000 SpotLight&Event 50,000
10,000 BharatSwabhiman 10,000
25,000 EncompassEvents 25,000
50,000 E-18 50,000
0SecurityDeposit-RestaurantRitzClassic 3,00,000
300OrdinaryMembershipDeposit 300
0Retentionmoney-ShriGaneshElectrical 78,701
0Retentionmoney-Rabi(Electrical) 11,873
26,67,437Retentionmoney-RBSCandiaparcar 43,92,797
660 DepositforHireofLocker 660
0Less:TransferredtoCapitalFund 660 0
28,03,397 49,18,671
Schedule - D
Previous Year 2017 SpecialFunds Current
Year 2018
15,00,000 PermanentCorpusFund 0
85,000 TennisCourtFund 0
5,96,694 BuildingFund 0
21,81,694 0
60,011 SilverJubileeFunds 60,011
12,501 CricketPrizeMoneyFund 12,501
1,085 BookFund 1,085
21,81,694Less:TransferredtoCapitalFund 73,597
73,597 0
Panjim Gymkhana - Annual Report 201814
Schedule - G
Previous Year 2017 Capital Work in Progress Current
Year 2018
2,99,662 SiteEngineerSalary 2,99,662 026,112 Advertisement 26,112 0
5,64,43,573 PaymentofContractorbills 5,64,43,573 02,47,626 ElectricalWork 2,47,626 014,55,030 PlumbingContract 14,55,030 023,02,744 Taxes&Licencefees 23,02,744 0
55,150 ProfessionalFees 55,150 078,652 SoilTesting 78,652 0
6,09,08,549Less:TransfertoFixedAsset 6,09,08,549 0
0 GroundDevelopment 1,49,5506,09,08,549 1,49,550
Schedule - I
Previous Year 2017 LongTermInvestments Current
Year 2018
1,00,050SharesinGoaUrbanCo-opBankLtd 1,00,050
500SharesinSaraswatCo-opBankLtd 500
1,00,550 1,00,550
Schedule - J
Previous Year 2017
FixedDeposits-CurrentInvestments
Current Year 2018
0 SaraswatCo-opBankLtd 2,56,16,954Add:AccruedInterest 33,097 2,56,50,051
0 2,56,50,051
Schedule-F
Previous Year 2017 CurrentLiabilities Current
Year 2018
PayableforExpenses0 M/sAbstract 1,37,8600 LaxyaEnterprises 32,9990 MahalsaWaterSupply 46,9260 MarselPools 14,7280 NareshCaterers 6,5000 Oasis 44,9000 PasoliteElectricalsPvtLtd 2,09,4590 Pralhadram 36,5220 RedAlertDetective&
SecurityServicesPvtLtd 1,00,9200 ShreeAnantEnterprises 34,2020 SoudagarSteelFurniture 1,7000 VipraPrimewareInfotech
PvtLtd 5,772 6,72,48845,23,111 M/sRBSCandiaparcar-
CivilConstruction75,16,170
500 MembershipFeesReceivedinAdvance
1,720
20,000 AuditFeesPayable 23,60080,100 ProvisionforRefreshment
Expenses0
22,500 ServiceTaxPayable 00 ElectricityBillPayable 3,74,925
748 TelephonebillPayable 1,7082,37,446 TDS(WCT)Payable 08,50,000 MembershipFees-Pending
approval2,50,000
0 AdvancetowardsLawnBooking
4,50,000
94,978 TDS(IncomeTax)Payable 1,02,2510 GSTPayable 13,04,576
58,29,383 1,06,97,438
Panjim Gymkhana - Annual Report 2018 15
Schedule - K
Previous Year 2017 Current Assets Current
Year 2018
4,584 StockofSportsMaterial 4,5844,584 (a) 4,584
OutstandingIncome5,618 SarvodayaCricketClub
(EntryFees)0
RecoverableExpense(Electricitybills)
1,57,808
0 RestaurantRentReceivable 1,08,000OrdinaryMembershipFeesReceivable
80 AnilJoglekar 0120 MaheshGawande 0120 SureshBhangui 0160 AshaPDhungat 0240 PrakashBNadkarni 0240 SameerChodankar 0160 ShaileshZuarkar 0240 LaxmikantPanvelkar 0160 MaheshAdwalpalkar 240
7,138 (b) 2,66,048
11,722 (a)+(b) 2,70,632
Schedule-L
Deposits
Previous Year 2017 Current Assets Current
Year 2018
1,200 TelephoneDeposit 1,2001,190 ElectricityDeposit 1,18,8255,000 LeaseDeposit 5,0001,400 DyConservatorForest 1,4008,790 1,26,425
Schedule - M
Previous Year 2017 Loans&Advances Current
Year 2018
6,50,390 TaxDeductedAtSource 3,76,6941,29,000 EltechEngineers 020,000 RavindraPissurlenkar 2,55,9904,000 ShekharNaik 4,500
0 ChandrakantNaik 1,0000 ShreeGaneshElectricals 1,25,3510 SyncottsSportsPvtLtd 15,35,0000 KhanWaterSupply 4,600
1,25,417 SouthernPools&WaterSystem
0
0 GST-InputTaxCreditc/f 3,6009,28,807 23,06,735
Schedule - N
Previous Year 2017 Cash&BankBalances Current
Year 2018
48,363 CashInHand 1,16,5821,05,439 G.U.C.B.LtdA/c7834 44,1395,82,993 HDFCBank(EBanking) 34,74,66034,280 SaraswatBanka/c
07120010000933932,84,316
7,71,075 69,19,697
FORPANJIMGYMKHANA
S/d S/d S/d President Secretary Treasurer
Panjim Gymkhana - Annual Report 201816
PAN
JIM
GY
MK
HA
NA
BAN
DO
DKA
R G
RO
UN
D, C
AMPA
L, P
ANJI
M -
GO
A 4
03 0
01.
Reg
istra
tion
Num
ber :
284
dat
ed. 2
6/06
/197
0
FIXEDASSETSANDDEPR
ECIATIO
NSCHEDULEFORTHEYEARENDEDON31/03/2018Schedule:-H
Sr.
No.
DO
NAT
ED
ASS
ET
S
[A
]Rate
of D
ep
%
At C
ost
as o
n 01
/04/
2017
Add
ition
s BeforeSept
Add
ition
s A
fter
Sep
tD
educ
tion
Tota
l D
epre
-ci
atio
n fo
r th
e ye
ar
W.D
.V.
as o
n 31
/03/
2018
1PitchRoller(partDonatedbyApicon)
1567,995
00
067,995
10,199
57,796
2AirConditioner(DonatedByVijay
Nadkarni)
157,052
00
07,052
1,058
5,994
3WaterTank(DonatedByApicon2007)
105,492
00
05,492
549
4,943
4TT
Table(DonatedbyAdvYogeshNadkarni)
100
010,000
010,000
500
9,500
5ConferenceTable(DonatedbyJoeMathias)
100
010,000
010,000
500
9,500
TOTA
LFO
RDONAT
EDASSETS[A
]80
,539
020
,000
01,
00,5
3912
,806
87,7
33
Sr.
No.
NONDONAT
EDASSETS[B]
Rate
of D
ep
%
At C
ost
as o
n 01
/04/
2017
Add
ition
s BeforeSept
Add
ition
s A
fter
Sep
tD
educ
tion
Tota
l D
epre
-ci
atio
n fo
r th
e ye
ar
W.D
.V.
as o
n 31
/03/
2018
6Gym
khanaBuilding
100
010,61,72,407
010,61,72,407
010,61,72,407
7FurnitureFixtures&
OtherSportsItem
1023,103
64,400
6,93,745
07,81,248
43,438
7,37,810
8LibraryBooks
10698
00
0698
70628
9ElectricalFittings
105,508
40,016
10,58,661
011,04,185
57,486
10,46,699
10WellForWaterSupplytoGround
107,798
00
07,798
780
7,018
11Landscaping&GardenWork
100
032,71,743
032,71,743
1,63,587
31,08,156
12Gym
khanaSw
immingPool
100
06,14,864
06,14,864
30,743
5,84,121
sub
tota
l37
,107
1,04
,416
11,1
8,11
,420
011
,19,
52,9
432,
96,1
0411
,16,
56,8
39
Panjim Gymkhana - Annual Report 2018 17
Sr.
No.
Part
icul
ars
Rate
of D
ep
%
At C
ost
as o
n 01
/04/
2017
Add
ition
s BeforeSept
Add
ition
s A
fter
Sep
tD
educ
tion
Tota
l D
epre
-ci
atio
n fo
r th
e ye
ar
W.D
.V.
as o
n 31
/03/
2018
13T.V.
1551,280
00
51,280
7,692
43,588
14ActivaScooter
150
78,359
00
78,359
5,877
72,482
15TataSkyEquipment(2)
152,343
2,600
04,943
546
4,397
16Telephone&PayphoneEquipm
ent
1546
30
046
369
394
17GroundEquipm
ents&Others
154,615
00
4,615
692
3,923
18WaterPum
p15
2,153
00
2,153
323
1,830
19AirConditioner-BoardRoom
150
29,263
00
29,263
4,389
24,874
20Gym
khanaRestaurantM
achinery
150
026,02,247
026,02,247
1,95,169
24,07,078
sub
tota
l60
,854
1,10
,222
26,0
2,24
70
27,7
3,32
32,
14,7
5725
,58,
566
21Com
puter
4084
32,550
41,414
074,048
21,337
52,711
22TallySoftware
400
86,500
00
86,500
34,600
51,900
23Printer
402,269
018,567
020,836
4,621
16,215
sub
tota
l2,
353
1,19
,050
59,9
810
1,81
,384
60,5
581,
20,8
26
TOTA
LFO
RNONDONAT
EDASSETS
[B]
1,00
,314
3,33
,688
11,4
4,73
,648
011
,49,
07,6
505,
27,9
8111
,43,
36,2
31
GRANDTOTA
LC
urrentYear[A
+B]
1,80
,853
3,33
,688
11,4
4,93
,648
011
,50,
08,1
895,
84,2
2511
,44,
23,9
64
Prev
ious
Yea
r2,
09,4
9547
50
02,
09,9
7029
,117
1,80
,853
FORPANJIMGYMKHANA
S/d
S/d
S/d
Pres
iden
t
Secr
etar
y
Tr
easu
rer
PANJIM GYMKHANABandodkar Grounds, Campal, Panaji, Goa – 403001
Ph.: 0832 225818 E-mail: panjimgymkhana@rediffmail.com / panjimgymkhana@gmail.com
Dear Member,
We are in the process of updating our data base and we therefore, sincerely request you to fill in
all the details here in below.
Membership No. :
Member Since :
MEMBER'S NAME :
NAME OF THE SPOUSE :
Members date of birth: Date of birth of the spouse :
ADDRESS : MAILING – TEMPORARY / PERMANENT
1.
TEL (O) TEL (R)
MOBILE NOS:
E-Mail :
DATE : SIGNATURE :
NAME :
Information given to the office by, Name :
Relationship with Member / Spouse :
To, The Secretary
PANJIM GYMKHANA Bandodkar Grounds,Campal, Panjim, Goa.
FROM
TO,
BOOK - POST
PANJIM GYMKHANABandodkar Ground, Campal, Panaji, Goa – 403001 Ph.: 0832 225818 E-mail: panjimgymkhana@gmail.com