XYZ (PRIVATE) LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT JUNE 30, 2024
2024 2023
Note
ASSETS
NON CURRENT ASSETS
Property, plant and equipment 5 6,907 -
Real estate inventory 11 1,446,507 -
Capital work in progress 12 614,644 -
2,068,059 -
CURRENT ASSETS
Advances to contractors 16 94,297 -
Advances and other receivables 17 393,617 -
Security deposits and prepayments 15 681 -
Taxation - net 14 18,957 -
Cash and bank balances 13 459,129 -
966,680 -
TOTAL ASSETS 3,034,739 -
FUND AND LIABILITIES
FUND
Retained earnings 219,221 -
219,221 -
NON-CURRENT LIABILITIES
Long-term loan 18 2,630,582 -
2,630,582 -
CURRENT LIABILITIES
Trade and other payables 21 119,117 -
Retention money 19 65,536 -
Accrued liabilities 20 282 -
184,935 -
TOTAL FUND AND LIABILITIES 3,034,739 -
CONTINGENCIES AND COMMITMENTS
The annexed notes from 1 to 28 form an integral part of these financial statements.
ADMINISTRATOR SECRETARY DIRECTOR FINANCE
Page - 1
XYZ (PRIVATE) LIMITED
STATEMENT OF PROFIT OR LOSS
AS AT JUNE 30, 2024
2024 2023
Note
Revenue 6 - -
Cost of revenue 7 - -
Gross profit - -
Operating expenses 8 (51,811) -
Operating profit / (loss) (51,811) -
Other income 9 271,033 -
Profit before taxation 219,221 -
Taxation 10 - -
Profit after taxation 219,221 -
The annexed notes from 1 to 28 form an integral part of these financial statements.
ADMINISTRATOR SECRETARY DIRECTOR FINANCE
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XYZ (PRIVATE) LIMITED
STATEMENT OF CHANGES IN FUND
AS AT JUNE 30, 2024
Retained
Total
earnings
---------------(Rupees)--------------
Balance as on June 30, 2022 - -
Profit for the year - -
Balance as on June 30, 2023 - -
Profit / (Loss) for the year 219,221 219,221
Balance as on June 30, 2024 219,221 219,221
The annexed notes from 1 to 28 form an integral part of these financial statements.
ADMINISTRATOR SECRETARY DIRECTOR FINANCE
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XYZ (PRIVATE) LIMITED
STATEMENT OF CASH FLOWS
AS AT JUNE 30, 2024
2024 2023
Rupees Rupees
Note
CASH FLOWS FROM OPERATING ACTIVITIES
Profit before tax
Adjustment for non-cash income and expenses:
Depreciation on property, plant and equipment
- -
Working capital changes:
(Increase) / decrease in current assets
Advances to contractors
Advances and other receivables
Security deposits and prepayments
- -
Increase / (Decrease) in current liabilities
Trade and other payables
Retention money
Accrued liabilities
- -
Cash generated from operations -
Advance tax paid
Net cash (used in) / generated from operating activities - -
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of equipment
Purchase of furniture and fixtures
Purchase of vehicles
Additions in development work in progress
Net cash (used in) / generated from investing activities - -
CASH FLOWS FROM FINANCING ACTIVITIES
Capital work in progress
Advance from customers
Net cash (used in) / generated from financing activities - -
Net increase in cash and cash equivalents -
Cash and cash equivalents at the beginning of the year -
Cash and cash equivalents at the end of the year - -
The annexed notes from 1 to 28 form an integral part of these financial statements.
ADMINISTRATOR SECRETARY DIRECTOR FINANCE
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