N. lainV Co....KN.lqinVCo. Chartered Accountants We believe that the audit evidence we have obtained...

AtliD*TCI Si RE-P0;K[

BELGHORIA JANAKALYAN. SAWTY

For the Year 2017-18

By

K. N. lainV Co.Chartered Accountants

2,LalBazar Street, 2nd Floor,R. No-204,205 Kolkata - 700 001

Phone: 0332237-6502/03, Fax: 033 37-6504E-mail : info @knj ainco. com, Web www. knj ainco. com

1r

J.r. *. Iainu co.Chartered Accountants

2, Lal Bazar Street, 2nd Floor, R. No- 204,205, Kolkata - 700 001Phone : 033 2231-6502103, Fax: 033 2231-6504

E-mail : [email protected], Web: www.knjainco.com

lndependent Auditor's Report

To the Members ofBelqhoria Janakalvan Samitv

Report on the Financial Statements

We have audited the accompanying financial statements of Belghoria JanakalyanSamity registered under the West Bengal Societies Registration Act. 1961(Registration number S/1Ll36292), having it's Registered Office at 13, Rishi BankimRoad, Nimta, Kolkata-700049, which comprise the Balance Sheet as at 31"1 March,2018 and the lncome and Expenditure Account for the year then ended and a summaryof the significant accounting policies and other explanatory information.

Management's Responsibility for the Financial StatementsThe Society's Management is responsible for the preparation of these financialstatements that give a true and fair view of the financial position. This responsibility includesthe design, implementation and maintenance of internal control relevant to the preparationand presentation of the financial statements that give a true and fair view and are free frommaterial misstatement, whether due to fraud or error.

Auditors' ResponsibilityOur responsibility is to express an opinion on these financial statements based on our audit.We conducted our audit in accordance with the Standards on Auditing issued by the lnstituteof Chartered Accountants of lndia. Those Standards require that we comply with the ethicalrequirements and plan and perform the audit to obtain reasonable assurance aboutwhether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and thedisclosures in the financral statements. The procedures selected depend on the auditor'sjudgment, including the assessment of the risks of material misstatement of the financialstatements, whether due to fraud or erToT. ln making those risk assessments, the auditorconsiders the internal control relevant to the Organization's preparation and fair presentationofthe financial statements in order to design audit procedures that are appropriate in thecircumstances. An audit also includes evaluating the appropriateness of accounting policiesused and the reasonableness of the accounting estimates made by the management, as wellas evaluating the overall presentation of the financial statements.

BRANCHES: . RANTGANJ . |TANAGAR

KN.lqinVCo.Chartered Accountants

We believe that the audit evidence we have obtained is sufficient and appropriate to providea basis for our audit opinion.

Opinion

ln our opinion and to the best of our information and according to the explanations given tous, the financial statements of Belghoria Janakalyan Samity for the year ended 3lstMarch,2018 are prepared in all material iespects in accordance with relevant law in the manneT sorequired and give a true and fair view in conformity with the accounting principles generallyaccepted in lndia.

For K.N. JAIN & Co.Chartered AccountantsFirm Reg. No- 319 1 19E

Date: 26th June, 2018Place: Kolkata

(-^-{ \--JSamya SenguptaPartnerMembership No. 059027

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BELGHORIA JANAKALYAN SAMITYHead Office- AE-s92, Sector-1, Salt Lake City, Kolkata-700064

Reg. Office- 13, Rishi Bankim Road, Nimta, Kolkata-700049

BALANCE SHEET AS AT 31st MARCH 2018As At 31"t March, 2017As At 31"t March, 20'18

32761422

35800000

4917 4422

251803290

2950254

3139506

44850983

28600000

29193636

400329514

2028585

4226099

I. SOURCES OF FUNDS

A. Capital FundGeneral Fund

B. lndia Micro Finance Equity Fund-SlDBl

C. Business Capital from KIVA- USA

D. Loans :

Secured Loans

E. Current Liabilities

F. Loan Loss Reserve

Total

II. APPLICATION OF FUNDS

A. Fixed Assets

B. lnvestments

C. Current Assets, Loan and Advancesa) On-lending to SHGb) Loans & Advancesc) Cash and Cash Equivalentsd) Other Current Assets

Total

4692141

41424064

313950587109227 5

12951429151 7999

4468435

64190847

422609964900565

150965401962467

Notes to the Balance Sheet enclosed

As per our attached report of even date

FoTKNJAIN&CO.Chartered AccountantsFirm Reg. No-319119E

CA Samya SenguptaPartnerN4em No.059027Kolkaia, 26th June, 2017

On behalf ofBelghoria Janakalyan Samity

X**,,v^cL^,r-".L,or {?)*L;a; t -'-'0-..\ rresloenl SecretrryB.'!horir Jrn"lallan Srmir) Belghorir JaMkalyao Saaity

Note

1

2,4

2.8

4

5

6

7

891011

s09228817

509228817 375628495

reIAJANAKALYANSAMITYHead Otfice- AE-592, Sector-1, Salt Lake City' Kolkata-700064

Reg. Office- 13, Rishi Bankim Road' Nimta' Kolkata-700049

I NI/-.III'I F T, FYPFNDITI.]RE IC OUIT TOR THE YEAR ENDED 31St MA,RCH' 2018

N oteF* thu yr"t

"-nd"d 31"t1 Forthe Y-ear enoeo

A. INCOME

Revenue from OPerationGrant ReceivedOther lncome

12'1314

151617186

5

98598724

4055212

81626682333082

3361294

1I Otal or (A)

B. EXPENDITURE

Employee Benefit ExPensesFinancial ExPensesAdministrative and Other ExpensesExpenses for Other Social activitiesDePreciationBad Debt Written-offLoan Loss Provision

241470771470o9e02l123670761

3737 5631554353

6614121086593

'158974853706566612A17493

39239 5079847860 900 s889180

Total of (B)--------5b ss a gz o 71201261

6 SURPLUS FOR THE YEAR (A-B)

Transfer to CaPital Fund

rr...-^ -^^^,,^+ an.l^sa.l

'12089961 14119797

Notes to the lncome anu E^P.,rru'

As per our atiached report of even date

FoTKNJAIN&CO.Chartered Accountants


Reg No-3191 19E

!,._...,_ ^ LCA Sam}/a SenguPtaPartner

Bsl!;hn(.r J.Dikalyan Samil!

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llrem. No : 059027lx.,ttrt" 26th June. 2017 6ffi.\

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BELGHORIA JANAKALYAN SAMITYHead Office- AE-592, Sector-l , Salt Lake City, Kolkata-700064

Reg. Office-'13, Rishi Bankim Road, Nimta, Kolkata-700049

CASH FLOW STATEMENT FOR THE YEAR ENDED 31st MARCH. 2018

Partic u la rs As on 3'1"t March, 2018 As on 31't March,2017

I A CASH FLOW FROM OPERATING ACTIVITIES:I

I Net Surplus before Tax

I Adiustment for Non Cash Expenditure:I Depreciation on Fixed AssetsI Loan Loss ProvisionI Lorn Written off

Accrued lnterest on BorrowingAdiustment for Non Cash lncomeAccrued lnterest on LoanAccrued lnterest on FDROperating Profit before Workingtapital Change

Adiustment for(lncrease)/ Decrease in Operating AssetsDisbursements of Loan to BorrowersRecovery of aforesaid LoansPayment of TaxOrher Advances/ Recoverablelncrease/ (Decrease) in Operating LiabilityCash Flow Before Extraordinary ltems

Net Cash Flow From Operating Activities (A)

B CASH FLOW FROM INVESTING ACTIVITIES:Purchase of Fixed AssetsFixed DepositNet Cash Flow From lnvesting Activities (B)

C CASH FLOW FROM FINANCING ACTIVITIES:Secured Loan taken during the periodRepayment of Secured LoanUnsecured Loan taken during the periodRepayment of Unsecured LoanProceeds from Subordinated Debt from SIDBIBusiness Capitallncrease/( Decrease) in Cash Credit AccountNet Cash Flow From Financing Activities (C)Net lncrease or Decrease in Cash and Cash Equivalents(A+B+C)

Add: Openrng Cash and Cash EquivalentsClosing cash and cash equivalents as per books

12089961

1,554,3531,086,593

661 ,412449312

(222507)(2747115\

14119797

798478BB91BO60 900I

153661 I(1 91507)

(2334144)12872008 15427432

(790935000)681614212

(302s1)(1 370981)

(636127800)546600953

(650,197)(731627)566534

(1107220201 (90342137)

(97850012) (7491470s\

(1330647)(20019668)

(3271446)(10787800)

(21350315 (14059246)

374853000Q3AO824_36)

(7200000)(19980786)

3755660

212756088(164488551)

158000007033194

lJ/ oco/J,121345438 67314858

2145111

12951429

(21659093)

3461052115096s40 12951429

As per our Report of even date

For K.N. JAIN & Co.Chartered AccountantsReg. No-3191 19E(* ICA Samya SenguptaPa rtnerl\4embership No. 059027Kolkata, 26th June, 2017


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BELGHORIA JANAKALYAN SAMITYHead Office- AE-592, Sectorl, Salt Lake City, Kolkata-700064


GENERAL DISCLOSURESBasis of Preparation

The Organization follows mercaniile system of accounting. The accounts are prepared on the historical cost basis as a gorngconcern and are consistent with applicable Accounting Standards issued by the lnstitute of Chartered Accountants of lndia(lCAl) to the extent applicable.

Basis of Estimates

The presentation of ftfancia staternents ln conformity with lndian Generally Accepted Accoul'rt ng Prlncipies requlresffanagernent to make estimales and assurnpUons ihat affect the repo(ed amounts of assets and iabilllies and dlsclosure olaciltinEenl assets and liaLi lltles al the date of the financial slatements and reporied amoLrnts of reve.ues and expenses duTlng

the ,eportin! perod Although such es/timates aTe made on a reasonable and prudent basls taklng into account a lava lableiniormal on, ectuaL resu ts may dlffe. f.om those estimaies

Notes on Business Operations

Belqhoria Janakalyan Samlty is registered under the West Bengal Societies Registration Act. 1961 (Registration number511L136292). The organization provides live ihood promotion services through SHG Bank Linkage Programme, mainly to thelow income rural, ut'ban, semi-urban and perl-urban households, comprising of livelihood and oiher micro financal servlces tothose population segments which are mostly un-reached by the formal banking systems with the principal purpose ofpromoting sustainable Livelihoods.

A seven member Executive Committee is ihe highest policy making platform of the organization. These committee membersmeet every quarter to assess performance parameters, to approve budgets and to review growth pian to the organization.Secretary of the organization is bestowed with powers to execute and oversee day to day management of operaiional aspects

Presently the organization reaches to its targeted clients through the nefivork of 26 branches, 6 of which are located in North24 Patganas,3 of which are in l\,{urshidabad, 4 of which are in Alipurduar, I of which are in Coochbehar, 3 are in Jalpalgurland 1 is in Darjee ing district.

The organisation is registered under sectlon 12A(b) and 80G ofthe lncome-tax Act,1961

\

BELGHORIA JANAKALYAN SAMITYHead Office- AE-592, Sector-1, Sali Lake City, Kolkata-700064


Note Annexed to and Forminq Part of Balance Sheet as at 31st March. 20,18

Note No- 1

Capital Fund

(Figures in Rs )

Note No- 2

A. lndia Microfinance Equity Fund (IMEF)

SIDBI has given Slbordinate Debt Assistance of Rs.4.00 core under lndia l\,4icrofinance Equity Fund Scheme (ltu4EF) includinga fresh Rs 2.00 crore during the year. The Sub-ordinated debt is against an interest @ 8% p.a. Sub-ordinated Debt wlll berepaid within 6 years, includlng an initial moratorium of 4 years from the date of disbursement. On Sub-ordinated Debt ofRs 50 lakhs received in earlier years, interest \lr'ill be paid @ 9% and the amount will be repaid withln 6 years, includlng anintral moratorium of 5 years from the daie of first disbursement. Repayment against 1st disbursement has started frornSeptember,2016

KIVA USA has given the interest free Fund as a sector buiding initiative for a period of 3 years for onward lending the fundwlth the option of perpetualy increasing or extending the fund on mainiaining and fulfilment of certa n condition. Theorganisation has started repayment of KIVA-USA fund from March,2017.

.\

Particulars As At 31't March, 2018 As At 31'l March, 2017

Opening Cumulative Surplus

Add: Surplus During the Year

Less: Payment to Pradhan Mantri Garib KalyanYoinaTotal

32761022

12089961

19291422

14119797

650197

448s0983 32761022

Particulars As At 31st March, 2018 As At 31st March, 2017

Openino balanceAdd. Received from SIDBI during the Year(Sub-ordinated debt assistance)Less Repayment During the yearTotal

35800000

7200000

2000000020000000

420000028600000 3s800000

B. Business A. USAPa rtic u la rs As At 31st March.2018 As At 31st March, 2017

Opening balance

Add Received flom KIVA- USA dur]ng the Year

Less: Repayment During the yearTotal

4917 4422

19980786

42141228

8851009

181781529193636 4917 4422

Tota (A+B) 57793636 8497 4422

(/"Lh.r\ / e(,.\--,/^9\$ea pccol,/

BELGHORIA JANAKALYAN SAMITYHead Office- AE-592, Sectorl, Salt Lake City, Kolkata-700064

Reg. Offlce- 13, Rishi Bankim Road, Nimta, Kolkata-700049Note No- 3

Loan FundParticulars As At 31st March,2018 As At 31st March, 2017

Cash Credit LoanState bank of lndia, l\4CC BranchBGV Bank, Hatiara BranchTotal (A)

Term LoanSIDBIDena BankMaanaveeya Development & Finance Pvt. Ltd.Loan from Canara BankIndian Overseas Banklndian Grameen ServiceUCO BankUnited Bank of IndiaLoan from MilapBandhan BankAnnaya FinanceReliance CapitalSunflag lvlerchant P LtdBMBSate bank Of lndiaNatlona Bank for Agriculture and RuralDevelopment (NABARD)Total (B)Total- (A)+ (B)

977156614796220

147 484986064028

75758018999006528300003956272

314296843750002

60452145105555914438457 562857143370933291504158812750000

180481319100000

24567746

257 57648666678

18750000

1427a2A91458426

263593313013889933398483328571441375999513667112

347764931294950

308488

20812'126

375761728 230991164400329514 25'1803290

Ail Loans are secured against hypothecation of book debts. The organization is repaying instalment of Term loan and interestwithout any delay. Balance of Cash credit accounts are within the drawing power fixed by the banks.

Note No- 4Current Liabilities

Particulars As At 3'lst March, 2018 As At 31st March, 20'17

Audit Fees Payablelnterest Accrued but not DueProvident FundEmployees' ContributionEmployer s ContributionP.F. Administrative ChargeEmployees State lnsurance (ESl)Employees' ContributionEmployers ContribuuonProfessional Tax

'Staff Security DepositTDS PayableSundry CreditorsSHG lnsurance PremiumTotal

8174581745

65400449312

163489

67'1683710

331500321309167 450459247

66280662807644

690001536619

144204

591382500

32350028057 5167450371268

1390653262

1344445694

202858s 2950254

(:)\\o',l*

BELGHORIA JANAKALYAN SAMITYHead Office- AE-592, Sector-1, Salt Lake City, Kolkata-700064


Note No- 5Loan Loss Reserve

As on 31st March 2O1B the organ zation has past due loan instalments of Rs.225'1967 against total outstanding ofRs.3375344. As on 31st March, 2O1B standard portfolio of the organisation was Rs.419234620 (99.20%). As per RBIquidetines the organisaiion has provided loan Loss reserve @'l% on entire portfolio outstanding and accordingLy provision ofRs 4226099 was required Existing prqvision up to 31st lvlarch 2017 was Rs.3139506, balance amount of Rs.1086593 wasprovioeo oun-9 the yea .

Note No- 6Fixed AssetsFixed assets are stated at cost, net of depreciatron. The cost of an assei comprises of ts purchase price and any cost directlyattribuiable for bringing the asset to its working condition and location for its intended use.

Depreciation is provided on the assets following W. D.V. method at the rates appropriate as per the Income Tax Act, 1 961 .

All assets of the organization are tangible fixed assets. During the current financial year fixed assets worih Rs 1330647 hasbeen purchased. The company has not sold or disposed off any assets during the year.

Details of fixed assets have been given in separate sheet as Annexure 1 to the Note-6 of ihe Balance Sheet.

Note No- 7lnvestment

Particulars As At 31st March, 2018 As At 3'lst March, 2017

Opening Loan loss ReserveAdd: Reserve created during the year

Less: Provision written-back during the year

Total

31395061086593

4226499

2250326889180

3139506

4226099 3139506

4226099 3139506

Particulars As At 31st March, 2018 As At 3lst March, 2017

Fixed DeoositUCO BankBandhan BankUnited Bank of lndiaBharat ya l\,4ahila Banklndian Overseas BankState Bank of lndiaSIDBIAnnaya Financelndian Overseas Bank (Reaurrlng Deposit))UBl, Talsha Branch (Recurring Deposit))Dena BankReliance CapitalSBI for PIVIGKYCanara BankBGBV. Hatiara BranchAccrued lnterest on Fixed DepositUCO BankBandhan BankAnnaya FinanceBharatia lMahia BankSIDBIUnited Bank of lndiaDena BankState Bank of lndlalndian Overseas BankRD IOBRD UBICanara BankBGBV. Hatiara Branch

't289'166845000006000000

50000085000007350000

12500060000001180000112000045100002500000

325800500000

1877653 57880121

63'10726

600000020000006000000

50000040000007350000

1250002000000

880000640000

31600003002000

325800

1877653 37860453

3563611

10000'16355850283106

7212922476

1122299439888908397

12472981672228889826074

577073

562386167665835093725713210

665837508552386795

74315

41620664190847 41424064

.\



presenfly the organization has total Term deposit of Rs.57880121 lying with different banks. Fixed Deposits Receipts of

Rs.57544321 w;re pledged with different banks and Fls against various loan facilities from various banks and financial

institutions. Accrued lnterest on Fixed deposit has been taken into account. TDS amounting to Rs 396993 has been deducted

by banks. Net Accrued lnterest (after deducung TDS) was taken into account

Note No- 8Loan Portfolio

Note No- 9Loans and Advances

Bank accounts are reconciled on perodical basis. No long pending were carried in Bank reconciliation statements Physical

verification of cash in hand are carried out by the management on regular basis'

The cash Flow statement is prepared in accordance with the indirect method prescribed in Accounting standard 3

Cash Flow Statement is qiven in separate sheet along with the Balance Sheet

Note No- 'l l

Particulars As At 31st March, 20'18 As At 31st March,2017

Balance as per Last accountAddr Loan Disbursed during the year

Less: Loan Realized during the YearLessr Loan Written-off during the year

3'13950587790935000 1104885587

682215623

225032754861't60550

547209963

636127800

681614212661412

546600953609009

422609964 313950587

Pafticulars As At 31st March, 2018 As At 31st lvlarch, 2017

A. Staff Loans and AdvancesMobile Phone LoanPersonal LoanBi-cycle and bike Advance to Staff

B Advance to Others of expensesAdvan.e to a)thers for exoenses

18825045405

225447 459062

441503

5750063341

200300

771134

321141

771134441503900565 109227 5

Note No- 10Crsh and Cash ivalentsParliculars As At 31st March, 2018 As At 31st March, 2017

Cash in Hand(As certified bv manaoement)Balances with Banks

714056

14382483

433389

1251804015096540 12951429

AssetsParticulars As At 31st March,2018 As At 3lst March, 20'17

A. Deposit with land lords (offices)

B Accrued lnterest on loan to SHG members

C TDS Receivables

D GST lnput Credit Receivables

E Service Tax CENVAT Recelvables

34s600

894906

698329

426100

672399

4'151 50

43501962467 1 517999

The organization has a policy to collect lnterest on weekly basis flom the membets3 days on the entire outstandlng loan portfolio balance as on 31.03.2018'

Previous year figures have been re-grouped and re-arlanged wherever necessary'

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The company has prov ded for interest for

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The organization provides livelihood promotion services through SHG B€nk Linkage Programme' mainly to the low-

income-rural, urban, semi-urban and peri-u|ban households, cornprising of livelihood and other micro financial services

tothosepopulatjonSegmentswhicharemostlyUn-reachedbytheformalbankingsystemsWiththeprincipaLpurposeofpromotingsustainablelivelihoods. /Revenue Recoqnition

Ali incomes arising from valious business segments and micro finance ale recognized on accrual basis' unless

tnterest on loans are charged and accounted for on dimlnishing balance method. Alled income and loan processing

charges are accountecl for as per contracts with ihe borrowers. However income on non performing assets (NPA) is

recolnized only when it is realized and unrea ized interest on Non performing Assets (NpA) is reversed from the current

lnterest. when an asset becomes NPA.

Note No- 13Grants

Note No-14Other lncome

BELGHORIA JANAKALYAN SAMITYHead office- AE-592, Sector-l, Salt Lake city, Kolkata-700064


Note Annexed to and Forming Part of lncome and Expenditure Accounts for the year ended 31st March, 2018

(Figures in Rs )

Lterest on fxed deposft ts inclusive of accrued lnteresi of Rs 3748400'

Note No- 15

Employee Benefit ExPenses

Employee benefit expenses are accounted for on accrual basis. Ernployels contribution to ESI and PF related to the

current financial year has been considered under Employee Benefit expenses'

,i

Note No- l2

Palticu lars For the year ended31"1March,2o18

For the year ended31"iMarch,2o17

ffil\4lcrofinance Loan Processing Fees

906893747S09350

755451996081483

98598724 81626682

Particulars For the year ended31st March, 2018

For the year ended31st March, 2017

Grant from Bandhan 333082333082

Particulars For the year ended31st March, 2018

For the year ended31st March,2017

lnterest on lnvestmentlnterest on Savinqs Bank Accountlnterest on Staff LoansSubscription fforn EC l\4embersReceipt from Livelihood Programmelnterest on'TDS Refunded' from lncome Tax Dep.Other lncome

'3960306

6694454350

86483095649829

30033033899

11008350

337 40442641066

4055212 3361294

Pa rticu la rs For the year ended3lst March, 2018


Staff SalaryBonus and Exgratia and lncentive to StaffEmployee GratuityEmployee Group lnsuranceLeave TravelAllowanceLeave SalaryEmployeas Contribution to PFEmployels Contribution to ESIPF Adminlstrative Charges

20244490603743

15623362176422250

127476879725608098

134112201663173

aitts40599

636308424144

7 434624147077 15897485

BELGHORIA JANAKALYAN SAMITYHead Office- AE-592, Sector-'1, Salt Lake City, Kolkata-700064

Reg. Office- 13, Rishi Bankim Road, Nimta, Kolkata-700049Note No- 16Financial Expenses

lnterest and oiher cost incuffed in connection with the borrowing of funds are charged to revenue on proportionate basisof Ume un ess otherwise stated. Accordingly lnterest on oan has been taken into account on accrual basls.

Note No- '17

Administrative and Other ExpenseG (Micro Finance Activity)

Administrative and Other Expenses have been taken into account on accrual basis. Expenditure has been providedwhere ever necessary.

!,1,

Particulars For the year ended?1<r M,r.h ,O{A

For the year ended31sf M,r.h ,6{7

A lnterest on Cash Credit Account

B lnterest on Term Loan

C lnterest on lndia I\ilicro Finance Equity, SIDBI (llME)

D Loan Processing and other financial Charges

2137556

33889093

2261931

8721322

1872A53

28093077

1842467

5257669

Total (A+B+C+D) 47009902 37065665.78

Particulars For the year ended3'l st March, 2018


AGM/EC lvleeting ExpensesBLrsiness DevelopmentExpenses for Credit Bureau Checkinglnsurance ChargesFCRA Registration FeesProfessional fees for ConsuliancyPenalty on ESI /P.Tax / Service Tax PaymenVGSTRatlng Expenseslnterest on TDS paymentlnterest on Service TaxServ ce Tax PaymentSHG lvlember Welfare ExpensesAudit FeesBank Charges[Jtensils and CookeriesRates and taxesMembership FeesStationery and PeriodicalsStaff Trainlng and Development and ConferenceElectricityRefreshment and HospitalityOffice lvlaintenanceOffice RentPostage and TelephoneRepairs and ll4aintenanceTrave ling and ConveyanceWebsite Developmentlnterest on Staffs' Securlty DepositSoftware l\4aintenanceStaff Recruitment Costl\lisce laneous ExpensesRound offStaff Welfare Expenses

6747931560

28561925760

1039888539

163500

^^^--^^13080010056020961

89950'1114888398140400252165778

1214538243s206

498547229261

1602064

7061827074

127341154

159956

16417779041

5475012925

500156455

9513398675

3556443114

1 1633985859191252548139362818

62609B5OB

5530031016121349528277 561798514

19567 57429972200869

15019255658

546602100

136843887

11

30926912367076 12017 493

Note No- t8



5234192904560

94341107615

268769Programme Expenses-Target Hardcore PoorExpenses for Financial Literacy TrainingDlsaster ReliefSchool ProqrammeDonation to Local Bodies


Reg. Office- 1 3, Rishi Bankim Road, Nimta, Kolkata-700049

TheorganizationSpenianamountofRs,3g23g5oUnderSocia]WelfareexpensesforSkilldeve|oprnentofSHGmembers,financiallitelacytrainingtosHGmembers,distributionofbooks,stationerjes,bagstothestudentofBJS

""r',oor, ;(*i"r" children of orick flelJ workersl are studying' support to the Hard Core Poor' llveljhood promotion and

gave donation to local bodies to organize blood donation camp, sports and cultural programme'

Previous year figures have been re-grouped and re-arranged wherevel necessary'

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N. lainV Co....KN.lqinVCo. Chartered Accountants We believe that the audit evidence we have obtained...

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