FINANCIAL REPORT
ON MARUTI FRESH
VEGETABLE VENDOR
BATCH : 2022 – 2025
SEMESTER : 1
CLASS : FY- B
SADHIKA MOHINI 1163 KRATIKA KEN 1142
VIBHAV MANATKAR 1145 AYUSH PATIL 1121
ACKNOWLEDGEMENT
Thanking our respected Professor Dr. Shreya Virani for providing our
team the opportunity to get practical accounting experience by
interacting with various local businesses. Through this opportunity we
got the chance to apply the theoretical knowledge we got from the
accounts classes in our real life and get practical exposure. Her
guidance and help throughout the course of the project is sincerely
appreciated and acknowledged.
The group would also like to express their gratitude to “ MARUTI
FRESH ” since they have been extremely supportive throughout.
INDEX
PAGE
S.NO PARTICULARS
NO.
1. INTRODUCTION 1
2. VISION AND MISSION 2
3. VALUES 2
4. OWNER’S VIEW AND FUTURE PLAN 3
5. METHOD OF MAINTAINING RECORDS 3
6. FINANCIAL REPORT 4-5
7. TREND ANALYSIS 6
8. FINIDINGS BASED ON TREND ANALYSIS 7
9. VISIT TO THE STORE 8
10. LEARNINGS 9
11. LIMITATION 9
12. CONCLUSION 9
INTRODUCTION
Established in the year 2006, Maruti Fresh in Viman Nagar, Pune is a
top player in the category of Vegetable Vendors in the Pune. This
Well known business in Pune caters to the need of local residents and
students residing in Viman Nagar and other parts of Pune. Over the
course of its journey, this business has established a firm foothold in
its industry. The belief that customer satisfaction is as important as
their products and services, have helped this establishment garner a
vast base of customers, which continues to grow by the day. The
owner of this business emphasizes the need to serve organic and good
quality vegetables and fruits.
This business employs individuals that are dedicated towards their
respective roles and put in a lot of effort to achieve the common
vision and larger goals of the company. In the near future, this
business aims to expand its line of products and services and cater to a
larger client base. In Pune, this establishment occupies a prominent
location in Viman Nagar. It is an effortless task in commuting to this
establishment as there are various modes of transport readily
available.
It is located at Ganga Puram Chowk, Viman Nagar, Pune - 411014,
opposite Ganga Society, which makes it easy for first-time visitors in
locating this establishment. It is known to provide top service in the
following categories: Vegetable and Fruit Vendors, Organic
Vegetable Retailers, Vegetable Home Delivery Services.
Name of owner: MAHESH MANE
Date of Commencement : 12.05.2006
Targeted Audience : LOCAL RESIDENTS & STUDENTS
Organisational Structure :OSOLE PROPRIETORSHIP
VISION AND MISSION
The mission of Maruti "Fresh" is to provide each customer with the
finest, freshest fruits and vegetables possible as the name implies.
They strive to obtain goods from every city in a nation where most
people are expats so that everyone can experience both familiar
flavours and novel flavours.
They achieve their quality through a careful selection of farms and
partner suppliers who share the same aim of cheap quality, as well as
by insisting on maintaining a short supply chain therefore a
committed and ultra-efficient logistics system, which underlines the
commitment to fast, fresh delivery.
“ At Maruti Fresh , we deliver a whole world of freshness—no matter who, or
where you are.”
VALUES
QUALITY SAFE PRODUCTS COMMITMENT
ENVIRONMENTALLY CUSTOMER
FRIENDLY SATISFACTION
OWNERS VIEW AND FUTURE PLANS
The company was first merely established as a means of subsistence.
However the owner has invested his heart and soul into the business after
recognising the prospects and progress in the area.
Now, he perceives a greater opportunity ahead of him by establishing
additional branches in and near Pune, providing to the locals and college
students living away from home while also raising his revenue. He aims
to achieve independence and financial stability in order to protect his
family’s future. Briefly stated, the entrepreneur sees his company as a
sustainable and expandable company with a lot of opportunities and
growth prospects ahead of him.
METHOD OF MAINTAINING RECORDS
Methods of maintaining financial information is mercantile or accrual.
In this system, transactions are recorded when they arise. The incomes
are recorded in the books of accounts when it is earned, irrespective
of the fact that it is received or accrued.
CAPITAL INVESTED IN THE BUSINESS
PARTICULARS AMOUNT
Building A/c
Office 1,00,000
Shed 3,00,000
Storage 50,000
Others 50,000 5,00,000
Plant & Machinery A/c
Utility Tools 50,000
Others 50,000 1,00,000
Furniture & Fittings A/c
Office Furniture 1,00,000
Other Furniture and Fixtures 50,000 1,50,000
Working capital required 7,50,000
REVENUE FROM BUSINESS OTHER INCOME
Sl. Particulars 2021-22 2020-21
no
Revenue from operations 12,00,000 13,50,000
Other Income 2,00,000 2,20,000
Total Revenue Receipt 14,00,000 15,70,000
OPERATING AND NON-OPERATING
EXPENSES
Sl no Particulars 2021-22 2020-21
A Operating expenses
Salaries and wages 3,00,000 3,00,000
Depreciation 1,20,000 1,00,000
Raw material 6,00,000 5,00,000
Annual Rent 1,00,000 1,00,000
Repairs and maintenance 40,000 45,000
Total Expenses (A) 11,60,000 10,45,000
B Non-operating Expenses
Interest on working capital 25,000 25,000
Office expenses and utilities 6,000 5,000
Administrative expenses 7,000 6,000
Other expenses 5,000 4,000
Total Expenses (B) 43,000 40,000
Total Expenses (A+B) 12,03,000 10,85,000
PROFIT AND LOSS A/C
Dr Cr
Particulars Amount Particulars Amount
To Interest on working capital A/c 25,000 By Gross Profit A/c 3,00,000
To Office expenses and utilities/c 6,000
To Administrative expenses A/c 7,000
To Other expenses A/c 5,000
To net profit A/c 2,57,000
3,00,000 3,00,000
TREND ANALYSIS
BASIS FINANCIAL INFORMATION FINANCIAL
2020-21 INFORMATION 2021-22
This year the capital
1. CAPITAL The capital for the firm was Rs. increased to Rs. 14,57,000
INVESTED 12,00,000 which indicates a net
profit in the previous year.
The revenue this year had
increased to 15,70,000
2. REVENUE FROM The revenue for the year was
which shows that they are
BUSINESS 14,00,000
able to sell more goods
each passing year.
3. REVENUE The situation remains the
There was no other source of
FROM OTHER same as there is no other
income for the business.
INCOME source of income.
The expenses amounted
to Rs. 12,03,000
The expenses amounted to Rs.
4. OPERATING & showing that increased
10,85,000 with maximum
NONOPERATING sales also
weightage given to raw materials require more spending on
EXPENSES
procured. purchases for this
business.
The net profit this year
5. PROFIT OR LOSS The net profit was Rs. 1,80,000. was 2,57,000 and shows a
significant improvement.
The business owns fixed
assets worth 7,50,000
The business had fixed assets
6. FIXED ASSETS which implies and
worth 7,00,000 investment into the fixed
assets.
The depreciation of assets is at The depreciation increased
7. DEPRECIATION to
Rs. 1,00,000 Rs. 1,20,000.
FINDINGS BASED ON TREND
ANALYSIS
Purchases: When goods are bought from someone it is known as purchases.
There has been an upward trend in purchases leading to increase in purchases to
Rs.6,00,000 from Rs.5,00,000 showing an increase of Rs.1,00,000.
Printing & Stationery: Decreased from Rs.7000 to Rs.6000 showing a decrease
of Rs 1000.
Salaries and wages: The salaries and wages remained the same at Rs. 3,00,000
for both years, implying that no such changes have been made in the year.
Repairs and maintenance: This expenditure decreased by Rs. 5,000 to Rs.
40,000 in one year. This shows that expenditure decreased but by a nominal
amount.
Administrative expenses: This increased by Rs. 1,000 to Rs. 7,000 as the
overall turnover of the firm increased in the year.
Revenue from sales: The revenue for the year increased by Rs. 1,70,000 with
regard to the trend of purchases.
Profits: The profits reflect a stunning increase of Rs. 77,000 in one year. It is
plausible that the increase in profits is caused by the increase in purchases and
sales.
Assets: The fixed assets increased by 50,000 despite the depreciation of extra
Rs. 20,000. This shows some serious increase in investment into the fixed assets.
VISIT TO THE STORE
LOCATION
LEARNINGS
This project's entire journey has been really illuminating. This
practical experience has taught us all a lot, and we anticipate working
on future such projects.
LIMITATIONS
Finding a trustworthy business who would provide us with their
financial statements was very difficult. It consumed a lot of time
and therefore, we had very less time to work on this project.
We also had poor communication as there was a language barrier. The
vendor was not able to clearly explain himself in English so we had
communicate in Hindi. We had to convince the vendor that this
information was going to be used for college assignment and not for any
other cause.
It was a little confusing for us to analyse the table as the data didn’t
seem to be extremely accurate. However, we had to manage with
whatever records were given.
CONCLUSION
The Project assisted us with comprehension transports through the
viewpoint of monetary data just, and examine potential reasons for it
encouraged us get the theoretical together with table and comprehend
the significance of Book Keeping and Accountancy paying little mind
to the size of the Firm.
THANK YOU
