Embed Size (px)
Citation preview
, ..((])( )
P.V. CHACKO & Co.CHARTERED ACCOUNTANTSTel.: 0484-2380130,2370160, Fax: 0484-2361062e-rnail: [email protected]
FOUNDERP.V. CHACKO F.C.A.
Telephone (0484)
PARTNERS { Personal: 2360280T.K.MATHEW F.C.A. Resi : 2362685
{Personal: 2371182
c.r, ROMID F.C.A. Resi : 2336298
RAJAGIRI SCHOOL OF ENGINEERING AND TECHNOLOGY
RAJAGIRI VALLEY, KAKKANAD, ERNAKULAM DISTRICT· KERALA
AUDITORS' REPORT
We have audited the attached Balance Sheet of RAJAGIRI SCHOOL OF ENGINEERING
AND TECHNOLOGY, RAJAGIRI VALLEY, KAKKANAD, ERNAKULAM as on 31s1 March
2017 and the Income and Expenditure Accounts for the year ended on that date.
We conducted our audit in accordance with auditing standards generally accepted in India. These
standards require that we plan and perform the audit to obtain reasonable assurance about whether the
financial statements are free from 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 the management, as well as
evaluating the overall presentation of the financial statements. We believe that our. audit provides a
reasonable basis for our opinion.
We report that :-
a. We have obtained all the information and explanations, which to the best of our knowledge and
belief were necessary for the purpose of our Audit.
b. In our opinion, proper books of accounts and other records as required by law have been kept
by the Institution so far as appears from our examination of such records.
c. The Balance Sheet and Income and Expenditure Account referred to in this report are in
agreement with the books of accounts.
d.ln our opinion and to the best our information and according to the explanations given to us, the
accounts give a true and fair view.
i. In the case of the Balance Sheet of the state of affairs of the College as on 31sI March 2017
and
ii. In the case of the Income and Expenditure Account of the Excess of Expenditure over
Income for the year ended on that date.
Date : 30.11.2017Place : Ernakulam
For P.V. CHACKO&Co.CHARTERED ACC UNTANTS
To KoiJ /PARTNER
PALACKEL COURT, P.B. No.3587, M.G. ROAD, ERNAKULAM, COCHIN-682 035
FOUNDERP.V. CHACKO F.C.A.
P.V. CHACKO & CO.CHARTERED ACCOUNTANTSTel.: 0484-2380130, 2370160, Fax: 0484-2361062e-mail: [email protected]
Telephone (0484)
PARTNERS { Personal: 2360280T.K.MATHEW F.C.A. Resi : 2362685
{Personal: 2371182
c.r, ROMID F.C.A. Resi : 2336298
.BALANCE SHEET AS ON 31st MARCH 2017
Opening Balance LIABILITIES Additionsl Closing Balanceon 01.04.2016 Deductions as on 31.03.2017
CORPUS FUNDS40,396,915 Excess Income
Less Excess Expenditure -7,812,922 32,583,9933,000,000 Corpus Donation by Land from S.H. Province, Rajagiri 3,000,000
13,782,300 Corpus Advance from S.H. Province, Rajagiri -13,782,300156,335,039 Advance from Trust Account -52,713,278 103,621,761221,694,373 Infrastructure Fund Collected 42,526,704 264,221,077
135,000 Corpus Subsidy for Renewable Energy Park 135,00012,083 Endovement Fund 492 12,575
Maintenance Fund 247,936 247,9363,832,706 Non Recurring Grant from AICTE for Modrobs 3,832,706
INTEREST FREE ADVANCE & DEPOSITS186,300,000 From Students 19,900,000 206,200,000
r> 27,284,400 Caution Deposits 797,741 28,082,141421,593 Book Bank Deposits 421,593
1,325,944 Petty Advances from Students -874,044 451,900
RAJAGIRI SCHOOL OF ENGINEERING AND TECHNOLOGY
CAUNIT OF RAJAGIRI EDUCATIONAL AND CHARITABLE TRUST)
, RAJAGIRI VALLEY, KAKKANAD, ERNAKULAM DISTRICT
LOANS AND ADVANCES:-60,887,902 SIBTerm Loan Alc.No.0587520000000285
SIB OD Loan Alc. No. 0587081000000011Advance Rajagiri ResearchCentre for Science andAdvance to KCPCM FederationAdvance RISER B Tech Account
3,474,168912,615
3,158,750
275,515,448 336,403,35099,992,989
97,020303,600300,000
97,020303,600300,000
26,9973,435,052
939,6123,158,750
PALACKEL COURT, P.B. No.3587, M.G. ROAD, ERNAKULAM, COCHIN-682 035
FOUNDERP.V.CHACKO RC.A.
P.V. CHACKO & CO.CHARTERED ACCOUNTANTSTel.: 0484-2380130,2370160, Fax: 0484-2361062e-mail: [email protected]
Telephone (0484)
PARTNERS { Personal: 2360280T.K.MATHEW F.C.A. Resi : 2362685
{Personal: 2371182
c.i, ROMID RC.A. Resi : 2336298
ADVANCE FROM DEPARTMENTS9,708,370 IGNOU Course Account 9,708,370
STATUTORY AND OTHER DEDUCTIONS PAYABLE1,004,882 Income Tax TDS 795,517 1,800,399
183,300 Provident Fund -56,510 126,7905,127,222 Retension Money 4,308,459 9,435,6811,788,315 KCWWF 632,108 2,420,423
DEPRECIATION RESERVE292,138,660 Add: Depreciation for the year 2016-17 36,331,642 328,470,302
.1,032,904,537 GRAND TOTAL 1,439,403,020
As per our Report of even date
For P.V. CHACKO & Co.CHARTERED ACCOUNTANTS
P------lkulam
30.11.2017
Page 2 of4
PALACKEL COURT, P.B. No.3587, M.G. ROAD, ERNAKULAM, COCHIN-682 035
FOUNDERP.V. CHACKO F.C.A.
P.V. CHACKO & CO.CHARTERED ACCOUNTANTSTel.: 0484-2380130, 2370160, Fax: 0484-2361062e-rnail: [email protected]
Telephone (0484)
PARTNERS { Personal : 2360280T.K.MATHEW F.C.A. Resi : 2362685
{Personal: 2371182
c.r, ROMID F.C.A. Resi : 2336298
RAJAGIRI SCHOOL OF ENGINEERING AND TECHNOLOGY(A UNIT OF RAJAGIRI EDUCATIONAL AND CHARITABLE TRUST)
RAJAGIRI VALLEY, KAKKANAD, ERNAKULAM DISTRICTBALANCE SHEET AS ON 31st MARCH 2017
Opening Balanceas on 01.04.2016
ASSETSAdditionslDeductions
Closing Balanceas on 31.03.2017
20,619,823224,996,165348,686,663
2,110,9696,747,081
30,473,928879,367188,760
41,597,32736,200,90663,892,44142,387,70912,482,789
435,7984,257,595
I' 32,589,760669,376631,640
1,363,866
24,373,846200,00070,000
4,990,5235,865,557
797,06330,000,00075,000,0006,117,123
FIXED ASSETSLanded PropertyBuildingBuilding - Work in ProgressCompound WallBasket, Football, Tennis & Shuttle CourtRoad, Drainage & GardenWater Treatment PlantBio Gas PlantFurniture and FittingsPlant and MachineryComputer and AccessoriesLab EquipmentsLibrary BooksLibrary Books - Book Bank Sc HACVehicle ~.\J.c KO&coElectrical Fittings * P.B.No:3587 .Health Club Systems 0 M.GAOAD,COCHIN·35Sports Equipments '>...,~ FA No:000543S ~'"Furnishing 'l't:A£D A \,}~'\ to'
Sewage Treatment PlantADVANCES GIVEN
Advance to Suppliers and staffGrant Receivable from AICTE for FDPGrant Receivable - ICFWFees Receivable - B. TechFees Receivable - M. TechMaintenance Fund - AdvanceAdvance to Rajagiri College of Social ScienceAdvance to Rajagiri Health Care & Edu. TrustAdvance to Rajagiri College of Social Science - RBAdvance to Raia iri S H Province
10,133,6366,566,669
92,709,783
5,389,742
7,736,8572,651,9188,173,731
11,926,683650,966
30,753,459231,562,834441,396,446
2,110,9696,747,081
35,863,670879,367188,760
49,334,18438,852,82472,066,17254,314,39213,133,755
435,7984,257,595
32,620,460669,376631,640
1,363,8669,253,507
68,786,059200,00070,000
3,575,783658,187
98,000,000131,207,358
3,354,64486,210,889
Page 3 of4
30,700
9,253,507
-1414740-5,207,370
-79706368,000,00056,207,358-2,762,479
86,210,889
PALACKEL COURT, P.B. No.3587, M.G. ROAD, ERNAKULAM, COCHIN-682 035
FOUNDERP.V. CHACKO F.C.A.
P.V. CHACKO & CO.CHARTERED ACCOUNTANTSTel.: 0484-2380130,2370160, Fax: 0484-2361062e-mail: [email protected]
Telephone (0484)
PARTNERS { Personal : 2360280T.K.MATHEW F.C.A. Resi : 2362685
{Personal: 2371182
c.r, ROMID F.C.A. Resi : 2336298
OTHER DEPARTMENT ADVANCES339,435 Canteen Section 339,435
.DEPOSITS FOR SERVICES
54,500 Telephone Deposit -14,312 40,1881,295,390 Electricity Deposit 2,016,720 3,312,110
300 Drinking Water Deposit 300r> 19,831 TDS Refundable 41,774 61,605
CASH & BANK BALANCES300,000 Fixed Deposit - (M.G. University Security) 300,000
7,388,740 Fixed Deposits at Bank . 2,278,3304,872,748 Bank SB Accounts 14,570,521
7,518 Cash In Hand 1,456
1,032,904,537 GRAND TOTAL 1,439,403,020
Ernakulam30.11.2017
As per our Report of even date
For P.V. CHACKO & Co.CHARTERED ACCOUNTANTS
Page 4 of4
PALACKEL COURT, P.B. No.3587, M.G. ROAD, ERNAKULAM, COCHIN-682 035
FOUNDERP.V.CHACKO F.C.A.
P.V. CHACKO & CO.CHARTERED ACCOUNTANTSTel.: 0484-2380130,2370160, Fax: 0484-2361062e-rnail: [email protected]
Telephone (0484)
PARTNERS { Personal: 2360280T.K.MATHEW F.C.A. Resi : 2362685
{Personal: 2371182
C.J. ROMID F.C.A. Resi : 2336298
RAJAGIRI SCHOOL OF ENGINEERING AND TECHNOLOGYCAUNIT OF RAJAGIRI EDUCATIONAL AND CHARITABLE TRUST)
RAJAGIRI VALLEY, KAKKANAD, ERNAKULAM DISTRICT
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31st MARCH 2017
INCOMEPARTICULARS (Rs.)
233,755,36026,191,350
129,500 260,076,210
4,563,501373,500144,500
2,6904,000 5,088,191
3,412,9115,046,8091,260,6651,017,009
600,000500,763140,323
82,50070,40058,932 12,190,312
7,812,922
285,167,635
FEE COLLECTIONB Tech Course Fee
(> M Tech Course FeePhd course
STUDENTS ENRICHMENT PROGRAMMESSeminars, Courses and Workshops'GATE" Coaching ClassGerman Language ClassAutocad TraningRed Ribbon Club Activities
ADMINISTRATIVE INCOMEInterest ReceivedLiquidated Damages IncomeResearch, Consultancy and Software ServicesApplication Form CollectionsGrant Received and utilised for Design and Development
Buoyancy - Solar Combi Collectorr Exam. Remuneration Received
Research Fellowship grant from CERDGrant received from KSCSTE for Project - Fabrication
of Chamber to produce good quality CharcoalLibrary IncomeMiscellaneous Income
EXCESS EXPENDITURE
GRAND TOTAL
As per our Report of even dateFor P.V. CHACKO & Co.
CHARTERED ACCOUNTANTS
Ernakulam30.11.2017
IA~~T.K. MATHEW F
Partner
Page 1 of4
PALACKEL COURT, P.B. No.3587, M.G. ROAD, ERNAKULAM, COCHIN-682 035
FOUNDERP.V. CHACKO F.C.A.
P.V. CHACKO & CO.CHARTERED ACCOUNTANTSTel.: 0484-2380130,2370160, Fax: 0484-2361062e-mail: [email protected]
Telephone (0484)
PARTNERS { Personal : 2360280T.K.MATHEW F.C.A. Resi : 2362685
{Personal: 2371182
c.r, ROMID F.C.A. Resi : 2336298
RAJAGIRI SCHOOL OF ENGINEERING AND TECHNOLOGY(A UNIT OF RAJAGIRI EDUCATIONAL AND CHARITABLE TRUST)
RAJAGIRI VALLEY, KAKKANAD, ERNAKULAM DISTRICT
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31st MARCH 2017EXPENDITURE
PARTICULARS (Rs.)
PERSONNEL MAINTENANCE COST
Salary and Allowance PaidTraveling and Daily AllowancesProvident Fund ContributionStipendFaculty Development ExpensesGratuity PaidHonorarium PaidOvertime and Holiday Duty AllowanceFaculty Visit ExpensesStaff Welfare ExpensesUniform ChargesStaff InsuranceMembership ExpensesResearch and Publication Expenses
STUDENTS ENRICHMENT PROGRAMMES
Seminars, Courses and Workshops'Dheeksharambam" Programme Expenses'Bharatham" Arts FestivalTech Kshethra - Porgramme'GATE" Coaching ClassStudents MagazinePhotography ExhibitionStudents Research ProjectStudents Research and Publication ExpensesGerman Language ClassIndustrial Interaction ExpensesRed Ribbon Club ActivitiesAutocad Traning ~---':~ .
([2 CHAr.}·· ",LIBRARY & READING FACILITIES .' ? \j . --~~: .~·C·~....
E - Journal Subscription , -.I( LP8}Jri:Y'~/""'<?' ~Library. B~oks Maintenance . (;;,.\1~:~:~,:t;i).:::«:~:"./.:t,') ~ i,iSubscription to Journals ~".9 ,,>._~u.j), -".;~ ..<.~,~.'Newspaper and Periodicals ~~'7:: c;~;:) ~\~/
145,840,8971,558,5581,018,7061,011,488
762,357392,786275,300173,72579,05353,97241,90421,0005,7122,248
4,509,405454,154218,989105,37099,00089,32068,45829,69027,25025,50015,0008,0002,690
3,254,999669,900263,64639,087
151,237,706
5,652,826
4,227,632
Page2 of4
PALACKEL COURT, P.B. No.3587, M.G. ROAD, ERNAKULA~, COCHIN-682 035
FOUNDERP.V. CHACKO F.C.A.
P.V. CHACKO & CO.CHARTERED ACCOUNTANTSTel.: 0484-2380130, 2370160, Fax: 0484-2361062e-rnail: [email protected]
Telephone (0484)
PARTNERS { Personal: 2360280T.K.MATHEW F.C.A. Resi : 2362685
{Personal: 2371182
C.J. ROMID F.C.A. Resi : 2336298
AFFILIATION & INSPECTION EXPENSESNAAC Acreditation ExpensesMG University FeesKTU Affiliation FeeAICTE Fee anp ExpensesDTE Fees and Expenses
OTHER FACILITIES TO STUDENTSInternet Charges
r Students Welfare ExpensesSports and Games ExpensesPlacement Department ExpensesHealth Centre and Health Club ExpensesFestival and other Day Celebration ExpensesWebsite Charges
SOCIAL AND CHARITIES
Tuition Fee Wavier SchemeScholarship GivenContribution to St, Chavara CMI Pub. Scl, ManappuramDonation and CharityHousing Aid GivenContribution to Corporate Education AgencyGifts and Presentation
t> ADMINISTRATIVE EXPENSESInterest Paid on Bank LoanRepair and MaintenanceElectricity ChargesAdvertisement & Promotion ExpensesHouse Keeping ChargesComputer SoftwareTravelling ExpensesPrinting and StationaryFuel Charges - Generator RunningGraduation Ceremony ExpensesLab ExpensesResearch, Consultancy and SoftwareExam. Remuneration ExpensesSecurity ChargesFood and Refreshment Ex enses
Page 3 of4
1,239,6861,000,785
807,000450,00050,000
1,510,7881,014,231
917,575411,196130,50093,44819,450
9,225,0007,948,4601,500,000
323,200200,00036,0009,270
16,621,69215,081,2759,397,7174,167,7353,302,4732,196,0521,805,3711,359,6641,163,336
595,172521,568510,385446,710443,359399,221
3,547,471
4,097,188
19,241,930
PALACKEL COURT, P.B. No.3587, M.G. ROAD, ERNAKULAM, COCHIN-682 035
FOUNDERP.V.CHACKO RC.A.
P.V. CHACKO & CO.CHARTERED ACCOUNTANTSTel.: 0484-2380130,2370160, Fax: 0484-2361062e-rnail: [email protected]
Telephone (0484)
PARTNERS { Personal: 2360280T.K.MATHEW F.C.A. Resi : 2362685
{Personal: 2371182
c.r, ROMID F.C.A. Resi : 2336298
NBA Accreditation Expenses 309,680Lisence and Tax 287,911Postage and Telephone Charges 223,600Vehicle Maintenance 213,889BankCharges 216,278Contribution to Associations 200,000Gardening Maintenance 147,601Audit Fee 126,500International Office Expenses 108,420Professional Charges 87,497Legal Expenses 47,556Subscription to Association 16,664Subscription to Cable TV 37,836Medical Expenses . 23,852Sundry Parties Written Off 6,498NSS Expenses 4,880Phd Course - other expenses 2,020Water Charges 1,160Research Fellowship grant from CERD disbursed 140,323KSCSTE for Project - Fabricationof Chamber to produce good quality Charcoal
Centre for Social Innovation and Incubation Project 80,887Grant utilised for Design and Development
Buoyancy - Solar Combi Collector :-Consumables, Contingencies and Manpower 536,458 60,831,240
DEPRECIATION PROVIDED 36,331,642
GRAND TOTAL 285,167,635
As per our Report of even dateFor P.V. CHACKO & Co.
CHARTERED ACCOUNTANTS
Ernakulam30.11.2017
Page 4 of4
PALACKEL COURT, P.B. No.3587, M.G. ROAD, ERNAKULAM, COCHIN-682 035 .
