| UPSE SECURITIES LIMITED |
| REGD.OFFICE : "PADAM TOWERS",14/113, CIVIL LINES
,KANPUR -208001 |
| PROFIT & LOSS
ACCOUNT FOR THE YEAR ENDED
31ST MARCH , 2009 |
| PARTICULARS |
|
SCHEDULE |
CURRENT YEAR |
PREVIOUS YEAR |
| |
|
|
AMOUNT (Rs.) |
AMOUNT (Rs.) |
| INCOME |
|
|
|
|
| BROKERAGE EARNED |
21,522,560.56 |
|
|
43,264,338.14 |
| |
|
|
|
|
| LESS :- BROKERAGE PAID ( - ) |
18,773,872.19 |
|
|
39,978,735.11 |
| |
|
|
2,748,688.37 |
3,285,603.03 |
| |
|
|
|
|
| DIVIDEND RECEIVED FROM BSE |
|
|
300,000.00 |
125,000.00 |
| |
|
|
|
|
| INTEREST RECEIVED ON BANK
DEPOSITS |
5,865,716.12 |
|
|
4,115,965.35 |
| |
|
|
|
|
| LESS :- INTEREST PAID ( - ) |
4,136,343.60 |
|
|
2,924,264.00 |
| |
|
|
1,729,372.52 |
1,191,701.35 |
| |
|
|
|
|
| MISCELLANEOUS INCOME |
|
|
556,431.12 |
232,457.46 |
| TOTAL (A) |
|
|
5,334,492.01 |
4,834,761.84 |
| EXPENDITURE |
|
|
|
|
| PAYMENTS TO & PROVISIONS FOR EMPLOYEES |
I |
2,514,316.34 |
1,972,779.59 |
| RATES & TAXES |
|
6,600.00 |
6,500.00 |
| OPERATIONAL EXPENSES |
J |
560,313.77 |
1,173,099.70 |
| ADMINISTRATIVE
EXPENSES |
K |
1,468,565.56 |
1,280,277.27 |
| DEPRECIATION |
C |
665,270.00 |
340,643.00 |
|
TOTAL (B) |
|
|
5,215,065.67 |
4,773,299.56 |
| PROFIT FROM OPERATIONS BEFORE TAX FOR THE YEAR (A-B) |
|
119,426.34 |
61,462.28 |
| ADD:- SUNDRY CREDIT BALANCE WRITTEN BACK |
|
1,449,852.61 |
0.00 |
| LESS:-CESSATION OF TRADING RIGHT OF CSE |
|
1,250,750.00 |
0.00 |
| |
|
|
318,528.95 |
61,462.28 |
| LESS PROVISION FOR TAX :- |
|
|
|
|
| CURRENT YEAR |
|
|
57,840.00 |
46,613.00 |
| DEFERRED TAX |
|
|
-35,527.00 |
31,714.00 |
| DEFERRED
TAX EARLIER YEARS |
|
|
0.00 |
0.00 |
| FRINGE BENEFIT TAX |
|
|
10,686.00 |
5,100.00 |
| PROFIT / ( - ) LOSS AFTER TAX |
|
|
285,529.95 |
-21,964.72 |
| TRANSFER TO SETTLEMENT STABLIZATION FUND |
|
10,910.35 |
8,497.15 |
| TRANSFER TO INFRASTRUCTURE DEVELOPMENT FUND |
|
5,455.40 |
4,750.34 |
| PROFIT AFTER APPROPRIATION |
|
|
269,164.20 |
-35,212.21 |
| ADD :-BROUGHT FORWARD FROM PREVIOUS YEAR |
|
3,692,231.71 |
3,727,443.92 |
| PROFIT CARRIED TO BALANCE SHEET |
|
3,961,395.91 |
3,692,231.71 |
| NOTES
OF ACCOUNT & SIGNIFICANT ACCOUNTING POLICIES L |
|
|
|
|
|
|
| Schedules A to L
referred to above form an integral part of the Profit & Loss
Account |
|
| As per our
Audit Report of even date Annexed |
|
| |
For & On behalf of the Board |
|
| For JSB ASSOCIATES |
|
|
|
| CHARTERED ACCOUNTANTS |
|
|
| |
K D GUPTA - CHAIRMAN |
B K NADHANI |
|
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|
|
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|
|
| (JASBIR
SINGH BHATIA) |
VED PRAKASH MISHRA-CEO |
SARWESH DUBEY |
| PARTNER |
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| PLACE: KANPUR |
ARVIND KUMAR MITTAL |
DEEPAK KAPOOR |
| DATED: 28.08.2009 |
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|
ANANT KUMAR MISRA |
VINOD PANDEY |
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