| UPSE SECURITIES LIMITED |
| REGD.OFFICE : "PADAM TOWERS",14/113, CIVIL LINES
,KANPUR -208001 |
| PROFIT & LOSS
ACCOUNT FOR THE YEAR ENDED
31ST MARCH , 2008 |
| PARTICULARS |
|
SCHEDULE |
CURRENT YEAR |
PREVIOUS YEAR |
| |
|
|
AMOUNT (Rs.) |
AMOUNT (Rs.) |
| INCOME |
|
|
|
|
| BROKERAGE EARNED |
43,264,338.14 |
|
|
|
| |
|
|
|
|
| LESS :- BROKERAGE PAID ( - ) |
39,978,735.11 |
|
3,285,603.03 |
2,685,267.25 |
| |
|
|
|
|
| DIVIDEND RECEIVED FROM
BSE |
|
|
125,000.00 |
73,200.00 |
| |
|
|
|
|
| INTEREST RECEIVED ON BANK
DEPOSITS |
4,115,965.35 |
|
|
|
| |
|
|
|
|
| LESS :- INTEREST PAID ( - ) |
2,924,264.00 |
|
1,191,701.35 |
1,586,633.35 |
| |
|
|
|
|
| MISCELLANEOUS INCOME |
|
|
232,457.46 |
235,921.47 |
| TOTAL
(A) |
|
|
4,834,761.84 |
4,581,022.07 |
| EXPENDITURE |
|
|
|
|
| PAYMENTS TO & PROVISIONS FOR EMPLOYEES |
I |
1,972,779.59 |
1,742,266.74 |
| RATES & TAXES |
|
6,500.00 |
5,000.00 |
| OPERATIONAL EXPENSES |
J |
1,173,099.70 |
839,783.39 |
| ADMINISTRATIVE
EXPENSES |
K |
1,280,277.27 |
891,353.21 |
| DEPRECIATION |
C |
340,643.00 |
333,798.00 |
| TOTAL
(B) |
|
|
4,773,299.56 |
3,812,201.34 |
| PROFIT BEFORE TAX FOR THE YEAR (A-B) |
|
61,462.28 |
768,820.73 |
| LESS PROVISION FOR TAX :- |
|
|
|
|
|
CURRENT YEAR |
|
|
46,613.00 |
191,319.00 |
|
DEFERRED TAX |
|
|
31,714.00 |
-64,840.00 |
| DEFERRED
TAX EARLIER YEARS |
|
|
0.00 |
0.00 |
| FRINGE BENEFIT TAX |
|
|
5,100.00 |
3,912.00 |
| PROFIT / ( - ) LOSS AFTER TAX |
|
|
-21,964.72 |
638,429.73 |
| TRANSFER TO SETTLEMENT STABLIZATION FUND |
|
8,497.15 |
5,200.00 |
| TRANSFER TO INFRASTRUCTURE DEVELOPMENT FUND |
|
4,750.34 |
2,601.00 |
| PROFIT AFTER APPROPRIATION |
|
|
-35,212.21 |
630,628.70 |
| ADD :-PROFIT OF PREVIOUS YEAR |
|
3,727,443.92 |
3,096,815.22 |
| PROFIT CARRIED TO BALANCE SHEET |
|
3,692,231.71 |
3,727,443.92 |
| 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 |
|
B K NADHANI |
|
| |
|
|
|
|
|
VED PRAKASH MISHRA |
ALOK TULSYAN |
|
| (JASBIR SINGH BHATIA) |
|
|
|
|
| PARTNER |
SARWESH DUBEY |
ARVIND KUMAR MITTAL |
|
|
|
|
|
| PLACE: KANPUR |
DEEPAK KAPOOR |
ANANT KUMAR MISRA |
| DATED: 21.07.2008 |
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|
VINOD PANDEY |
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