UPSE SECURITIES LIMITED
REGD.OFFICE : "PADAM TOWERS",14/113, CIVIL LINES ,KANPUR -208001
BALANCE  SHEET   AS   AT   31ST  MARCH,  2009
PARTICULARS	SCHEDULE		AS AT 31.03.2009	AS AT 31.03.2008
			AMOUNT (RS.)	AMOUNT (RS.)
SOURCES OF FUNDS
SHARE HOLDER'S FUNDS
SHARE CAPITAL	A		19,500,000.00	18,043,700.00
RESERVE & SURPLUS	B		7,057,561.11	3,859,431.16
TOTAL			26,557,561.11	21,903,131.16
APPLICATION OF FUNDS
FIXED ASSETS
GROSS BLOCK	C	4,100,333.85		4,089,783.85
ADD: ADDITION DURING THE YEAR		1,157,572.00		10,550.00
		5,257,905.85		4,100,333.85
LESS: DEPRECIATION		4,245,132.00		3,579,862.00
NET BLOCK			1,012,773.85	520,471.85
INVESTMENTS ( LONG TERM)
BSE - MEMBERSHIP		7,254,000.00		7,254,000.00
130000 ( PREVIOUS YEAR 10000 ) EQUITY		10,000.00		10,000.00
SHARES OF BSE LTD. @ Rs.1/- FULLY PAID
(120000 EQUITY  SHARES  RECEIVED AS BONUS
SHARES  DURING THE YEAR)
CSE - MEMBERSHIP		-		1,250,750.00
250 EQUITY SHARES OF CSE @ Rs.1/- FULLY		250.00		250.00
PAID		7,264,250.00	7,264,250.00	8,515,000.00
CURRENT ASSETS, LOANS & ADVANCES
DEBTORS	D	10,476,773.63		18,868,652.16
CASH & BANK BALANCES	E	44,982,662.89		74,730,029.66
FIXED DEPOSIT WITH BANKS	F	70,481,409.96		60,254,929.31
LOANS & ADVANCES	G	5,516,068.94		6,204,397.37
		131,456,915.42		160,058,008.50
LESS:- CURRENT LIABILITIES & PROVISION	H	-113,344,079.16		-147,322,523.19
NET CURRENT ASSETS			18,112,836.26	12,735,485.31
DEFERRED TAX ( ASSETS)			167,701.00	132,174.00
TOTAL			26,557,561.11	21,903,131.16
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
(JASBIR SINGH BHATIA)
PARTNER	VED PRAKASH MISHRA-CEO		SARWESH DUBEY
PLACE: KANPUR
DATED: 28.08.2009	ARVIND KUMAR MITTAL		DEEPAK KAPOOR
	ANANT KUMAR MISRA		VINOD PANDEY