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    FS_ TWIST

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    FS_ TWIST

    Uploaded by

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    Download as xlsx, pdf, or txt
    3 views6 pages

    FS_ TWIST

    Uploaded by

    loveneel28

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    You are on page 1of 6

    TWIST ACCESSORIES LTD.

    East Monipur, H- 1272, Mirpur-10, Dhaka.

    Statement of Financial Position


    As at 30th June 2021

    Amount (BDT)
    Particulars
    30.06.2021 30.06.2020

    Assets :
    Non Current Assets
    178,000 1,027,193
    Property , Plants & Equipments Sch-A 178,000 200,000
    Unallocated revenue expenditure - 827,193

    Current Assets :
    42,500 57,807
    Preliminary expenses 25,000 30,000
    Cash & Cash Equivalents 17,500 27,807

    Total Assets 220,500 1,085,000

    Capital & Liabilities :

    Authorized Share Capital


    (50,0000 ordinary share TK. 100 each) 5,000,000 5,000,000

    Issued, Subscribed & Paid up Capital (105,093) 1,000,000


    100,000 ordinary Share Tk.10 each 1,000,000 1,000,000
    Accumulated Loss (1,105,093) -

    Current Liabilities :
    325,593 85,000
    Liability for expenses 325,593 85,000

    Total Share Capital & Liability 220,500 1,085,000

    Managing Director Director


    TWIST ACCESSORIES LTD.
    East Monipur, H- 1272, Mirpur-10, Dhaka.

    Statement of revenue expenditure


    For the period ended June 30,2021

    Amount(BDT)
    Particulars 01.07.2020 01.07.2019
    to to
    30.06.2021 30.06.2020

    Revenue - -
    - -
    Expenses :
    277,900 281,175
    Staff Salary 95,000 120,000
    Office Rent 120,000 120,000
    Conveyance 5,300 8,500
    Telephone bill 3,300 4,900
    Electricity bill 6,320 5,630
    News Paper bill 2,440 2,145
    Entertainment 5,740 5,200
    Legal Fees 4,300 5,000
    Depriciation (Sch -A) 22,000 -
    Preliminary expenses write off 5,000 -
    Audit fees 5,000 5,000
    Misc. Expenses 3,500 4,800
    Net loss (277,900) (281,175)

    Managing Director Director


    TWIST ACCESSORIES LTD.
    East Monipur, H- 1272, Mirpur-10, Dhaka.

    Statement of Changes in Equity


    For the period ended June 30,2021

    Unallocated
    Particulars Share Capital Total (Amount)
    expenditure
    Opening Balance as at 1 st July 2020 1,000,000 (827,193) 172,807
    Net Loss - (277,900) (277,900)
    Closing Balance as at June 30, 2021 1,000,000 (1,105,093) (105,093)

    **Reclassification : Unallocated expenditure are merged with Share Capital .

    Managing Director Director


    TWIST ACCESSORIES LTD.
    East Monipur, H- 1272, Mirpur-10, Dhaka.

    Statement of Cash Flows


    For the period ended June 30,2021

    01.07.2020 01.07.2019
    Particulars to to
    30.06.2021 30.06.2020

    Cash Flow from operating activities :

    Net profit during the year (277,900) (281,175)


    Depriciation 22,000 -
    Preliminary expenses write off 5,000 -
    Changes in current Liabilities 240,593 49,600
    Net Cash flow from operating activities (10,307) (231,575)

    Cash Flow from investing activities - -


    Addition of Non current Asset - -

    Cash Flow from Financing activities


    Share Capital - -
    preliminary expenses - -
    Cash Flow from Financing activities - -

    Cash surplus/(Deficit) for the year (10,307) (231,575)


    Opening Cash * Cash equivalent 27,807 259,382
    Closing Cash & Cash equivalents 17,500 27,807
    TWIST ACCESSORIES LTD.
    East Monipur, H- 1272, Mirpur-10, Dhaka.

    DepriciationSchedule
    As at 30th June 2021

    Cost Depriciation
    Particulars Rate Charged
    Opening Adjustment/ Closing Opening Adjustment / Closing
    Addition during the
    Balance Disposal Balance Balance Disposal Balance
    year
    Furniture & Fixture 50,000 - - 50,000 10% - 5,000 - 5,000
    Office Equipment 50,000 50,000 10% 5,000 5,000
    Compurer 40,000 40,000 15% 6,000 6,000
    Office Decoration 60,000 - - 60,000 10% - 6,000 - 6,000
    Total 200,000 - - 200,000 - 22,000 - 22,000
    Sch-A

    W.D.V as at 30
    June 2021

    45,000
    45,000
    34,000
    54,000
    178,000

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