G. B. LADDHA & CO. LLPChartered Accountants

AUDIT REPORT

1. We have audited the attached Balance Sheet of RASHTRIYA MADHYAMIK

SHIKSHA ABHIYAN, SILVASSA as at 31st March, 2015 and the Income &

Expenditure Account for the year ended on that 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.

2. We conducted our audit in accordance with auditing standards generally accepted in

India. Those 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 includes assessing the accounting

principles used and significant estimates made by management, as well as evaluating the

overall financial statement presentation. We believe that our audit provides a reasonable

basis for our opinion.

3. RASHTRIYA MADHYAMIK SHIKSHA ABHIYAN is a scheme of Central

Government of India. The Central Government funds the scheme by way of grants. In

turn, the main office distributes the funds amongst various Block Levels, Cluster Levels

and Village Levels to be spent for the object of the scheme. The main office also incurs

expenditure in connection with the objects of the scheme from the grant amount.

The revenue grant received is considered as income and the amount spent on various

activities of the scheme is treated as expenditure.

Based on the records made available for verification and information and explanations

given to us, we have conducted our audit and have nothing material to report.

1-2,Second Floor, Sahara Market, Silvassa Road, Vapi - 396 191. Tel.: 08347744411 /422 /433.Fax.: (0260) 2425966 Email.: audit@gbladdha.com www.gbladdha.com

Pub

lic D

iscl

osur

e A

utho

rized

Pub

lic D

iscl

osur

e A

utho

rized

Pub

lic D

iscl

osur

e A

utho

rized

Pub

lic D

iscl

osur

e A

utho

rized

4. As per our opinion, the accounts generally reflect correct picture as to Utilization of

Grants. Various cheques issued during the year and if not utilized has been shown as

advance against expenses.

5. We are informed that there is no Internal Audit made applicable to the RMSA activity.

RMSA, Implementation Society, Dadra & Nagar Haveli, Silvassa Office, Keeps Cash

and Bank Vouchers only.

6. Subject to above:

i. We have obtained all the information and explanation which, to the best of our

knowledge and belief, were necessary for the purposes of the audit.

ii. In our opinion, proper books of account have been kept by the head office and

branches of the assessee so far as appears from our examination of the books.

in. In our opinion and to the best of our information and according to the explanations

given to us, the said accounts, read with notes thereon, if any, give a true and fair

view :-

a. In the case of the balance sheet, of the state of the affairs of the assessee as at

3 1st March, 2015 and

b. In the case of the Income and Expenditure account, the excess of income of

the assessee for the year ended on that date.

Date: 0 7 th January, 2016 For M/s. G.B.LADDHA & CO. LLPPlace: Vapi Chartered Accountants A

FRN 120352W/W-1000 CO 4

[GI L HAPARTNERM.NO 108558

RASHTRIYA MADHYAMIK SHIKSHA ABHIYAN,

DEPARTMENT OF EDUCATION,SILVASSA, UT OF D&NH.

NOTES ON ACCOUNTS

Significant Accounting Policies:

(i) RASHTRIYA MADHYAMIK SHIKSHA ABHIYAN is a scheme of the Central

Government of India. The grants received either from the Central Government or the UT

government are distributed among various Block Levels, Cluster Levels and Village

Levels for the utilization or State project Office themselves utilized the Grants.

(ii) The accounts have been prepared under the historical cost convention and on cash basis.

(iii) The grant received from the government authorities during the year has been considered

as income of the year. The various expenditure incurred during the year is considered as

revenue expenditure.

(iv) Out of the grant received, RMSA disburses it to various schools under its administration.

The amount given to the schools during the year is shown as revenue expenditure of

RMSA. Amount unutilized at the year end by the school, lies with respective school and

is carried forward to next year by respective schools.

(v) No part of the grant has been applied/ utilized for any purpose other than the object of the

scheme.

(vi) The balances of bank are in agreement with respective bank accounts.

(vii) The classification of grants disbursements/heads of expenditure are in accordance with

the instruction and guidance of the RMSA.

re Acco'J

(viii) There is no contingent liability as on balance sheet date.

(ix) The State project office/Rashtriya Madhyamik Shiksha Abhiyan has complied with all

the relevant guidelines as applicable for incurring the expenditure.

As per our attached report of even date:

Date: 07 January , 2016 For M/s. G.B.LADDHA & CO. LLPPlace: Vapi Chartered Accountants

FRN. 120352W/W-100033 4A&

ered Acc11

[GIRIRAJ B. LADDHA]PARTNERM.NO 108558

State Project DirectorRMSA Implementation Society

PWD Complex Silvassa 3962(UT of D &NH)

UTILIZATION CERTIFICATE UNDER RASHTRIYA MADHYAMIK SHIKSHA

ABHIYAN

FOR THE YEAR ENDED ON 31/03/2015

1. I, Giriraj B Laddha, Partner of G.B Laddha & Co. LLP, Chartered Accountants do hereby

certify that the grant in aid of Rs. 15,10,000/- received during the year 2014-15 by the

Rashtriya Madhyamik Shiksha Abhiyan, Sivassa, UT of Dadra & Nagar Haveli as above has

been utilized as under:

S.No. Particular Central Share State share Total1 Opening balance at the beginning of the 997059 41176900 42173959

financial Year (as on 01/04/2013)2 Details of funds received during the year

2.1 Fund received vide Sanction No.....Dated......

2.2 F.No. 14-1/2014. RMSA- IV (Gen.) 3,30,000 0 13,30,000dated 30/06/2014, F.No. 14-1/2014.RMSA- IV (Gen.) dated 30/06/2014,F.No. 14-1/2014. RMSA- IV (SC) dated30/06/2014 and F.No. 14-1/2014.RMSA- IV (ST) dated 27/06/2014

2.2 F.No. 14-1/2014. RMSA- 11 (Gen.) 1,80,000 0 1,80,000dated 30/06/2014, F.No. 14-1/2014.RMSA- II (SC) dated 30/06/2014 &F.No. 14-1 1/2014. RMSA- II (ST) dated30/06/2014 (IEDSS)

3 Total fund received 15,10,000 0 15,10,0004 Interest 60016 1433284 1493300

4.1 Tender Fees 900 900 18004.2 Other Receipts 885 295 1180

5 Total fund available (SI.1+3+4) 25,68,860 4,26,11,379 4,51,80,2396 Expenditure (grant in aid general) 23,88,860 19,13,252 4302112

6.1 Expenditure (grant in aid general) 0 33,50,897 33,50,897(Central Share Expenditure but utilisedfrom UT Fund)

6.2 Expenditure (grant in aid general) (from 0 55,95,575 5595575UT Fund)

7 Expenditure (Grant for creation of 0 0 0Capital Assets)

8 Total expenditure (Sr. No. 6+ 7) 2388860 10859724 132485849 Unspent Available Balance 1,80,000 3,17,51,655 3,19,31,655

1. Certified that out of Rs. 13,30,000/- (Rupees Thirteen lakh and Thirty thousand only) ofgrant-in-aid sanctioned and Rs 1,80,000/- (Rupees One Lakh Eighty Thousand only) ofGrant for Creation of Capital Assets for IEDSS during the year 2014-15 in favour of

DDHA & C0

G-1000303ored AccoU~

RMSAIS. DNH vide Ministry of Human Resource Development, Department of School

Education and Literacy Letter Nos. as indicated above for RMSA and Rs. 14,93,300/-

(Rupees Fourteen Lakh Ninety three thousand and Three hundred only) on account of

interest earned and Rs. 2980/- (Rupees Two Thousand Nine Hundred and Eighty Only)

on account of other receipts during the period 2014-15 and Rs. 4,21,73,959/- (Rupees

Four Crore Twenty One Lakh Seventy Three thousand Nine hundred and Fifty Nine

only) on account of unspent balances of the previous year 2013-14. A sum of Rs.

76,53,009/-(Rupees Seventy Six Lakh Fifty Three thousand and Nine only) has been

utilized for the purpose for which it was sanctioned by the PAB for 2014-15, A sum of

Rs. 55,95,575/- has been utilized for Salary of Office Assistants & Lab Attendants &others Activities from the UT fund and the balance of Rs. 3,19,31,655/-

(Rupees Three Crore Nineteen Lakh Thirty One thousand Six hundred and Fifty Five

only) remains unutilized at the end of the year out of which Rs 3,17,51,655/- is of State

Share and Rs 1,80,000/- is of Central Share of IEDSS for Non Recurring Grant.

During the year 2014-15 the total approval for RMSA, DNH was Rs. 81,52,000/- (with

MMER). The State Share (25%) is Rs 20,38,000/- and Central Share (75%) is

Rs 61,14,000/- against which RMSA, DNH has received Rs 13,30,000/- as Ist Instalment

from GOI as mentioned above, during the financial year. The balance available of in

Central Share is Rs 23,88,860/- (previous year bal, Interest & other receipt). The total

expenditure share for Central Share is Rs 57,39,757/- thereforeexpenditure of Rs 23,88,860/- was made from Central Share & Rs 33,50,897/- was made

from UT fund since the central fund was not released.

2. The above figures have been verified by us from books of accounts, records and bankstatements produced before us and relevant information and explanations given to us.

Date: 07th January, 2016 For M/s. G.B.LADDHA & CO. LLPPlace: Vapi Chartered Accountants DA

FRN. 120352W/W-1000

%red Acco~[GIRI B. LADDHA]PARTNERM.NO 108558

State Project DirectorRMSA Implementation Society

PWD Complex, Silvassa 3M6210(UT of D &N H)

…�&．너 ’「“「，

「「‘낚

』딨

0ý CD CD <D C) o n 0 m E' CD c,el] rq <D CD 0 CD 00 0ý "r m t-

C) CD 00 cý le C> oc C) CD CD m v

er "r cý -ler cý le: t--ý *6 c-:11cý cý "ý enC4 c,]

f4

CD CD 00 k^00 CD v CD 00 CD Cl

al C71 0 1- cc 00 CD

00

40> u & -w m 0

Z ELj m. or S E

> m < j< cn

C4 0 C:4 U

(2 bfl 401 0 C, 0 "2 m ODE ý1 F- rä. r. -o

< vd2ý u U U VD M. C4 VD cn cn cn cn mo E- V3 E'.

CD CD CD CD CD 0CD v t- C> 00 C> CD <D CD CDcý cý cý00 00 C-] C71 CD 01

n C71 In n cý

ok v CD CD CD CD

V CD CD c,Cý cý nCD c>

ri

m cn m cn 32 r 0C>

ton 2,U cn VD VD

ゾ ’-：、

PROCUREMENT AUDIT CERTIFICATE

"This is to certify that we have gone through the procurement procedure used by theProject Implementation Agency - for the Rashtriya Madhyamik Shiksha Abhiyan (RMSA)

Society, U.T Administration of Dadra & Nagar Haveli based on the audit of the records for

the Financial Year 2014 - 15. We are generally satisfied that procurement procedure as

prescribed in the 'Manual on Financial Management and Procurement for RMSA' has been

followed / or the following deviation were observed.

As per to Accounts forming part of Balance Sheet & Income & Expenditure Account.

Date: 7th January , 2016 For M/s. G.B.LADDHA & CO. LL "Place: Vapi Chartered Accountants & co.

kRN. 120352W/W-100033 r= Fk

e ad cc[GIRIRAJ B. LADDHAIPARTNERM.NO 108558

Bank Reconciliation Statementfor the year 2014-15

Balance as per Cash Book 31930750LESS: Cheque issued but not presentedSr.no Date Cheq no. Amount Clearing Date

1 13-03-2015 236307 500 10-04-2015500

Add: Cash ExpenditureLess: Cheque Deposited not recordedLess: Bank charges not shown in cash book

2011-12 16002012-13 18602013-14 1127

Total Balance 31926163

Balance as per pass book 31926163

\ ttState Project DirectorRMSA Implementation Society

PWD Complex, Silvassa 3962(UT of D &N H)

,k~.DDHA c

Iered A