50
th
ANNUAL REPORT 2015-2016 THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
99
THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
(A COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
NOTES TO THE STANDALONE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH, 2016
NOTE '8' - FIXED ASSETS (AT COST):
(RUPEES)
Sr.
G R O S S B L O C K
D E P R E C I A T I O N / AMORTISATION
N E T B L O C K
No.
As at
Additions
Adjustment /
As at
Up to
Provided for
Adjustment /
Up to
As at
As at
31.03.2015
made during
Deduction
31.03.2016
31.03.2015
the year
Deduction
31.03.2016
31.03.2016
31.03.2015
the year
(A) TANGIBLE ASSETS
1
LAND
Free Hold Land
12,18,950
-
-
12,18,950
-
-
-
-
12,18,950
12,18,950
Leasehold Land
1,98,84,834
-
-
1,98,84,834
37,61,375
2,46,800
-
40,08,175
1,58,76,659
1,61,23,459
2
BUILDINGS
Building (Jaipur)
2,93,44,950
-
-
2,93,44,950
66,23,644
11,06,527
-
77,30,171
2,16,14,778.66
2,27,21,306
Office Premises
22,34,96,495
21,98,123
-
22,56,94,618
4,68,26,776
94,24,344
-
5,62,51,120
16,94,43,498
17,66,69,719
(Refer Notes below)
3
FURNITURE & FIXTURES
4,18,25,043
35,44,424
10,04,277
4,43,65,191
2,28,65,763
53,10,962
9,70,391
2,72,06,335
1,71,58,856
1,89,59,280
4
OFFICE EQUIPMENTS
10,11,83,484
31,47,597
3,51,931
10,39,79,150
5,90,45,297
1,31,01,875
2,96,699
7,18,50,473
3,21,28,677
4,21,38,187
5
VEHICLES
59,32,905
13,51,500
8,96,435
63,87,970
33,10,524
8,82,981
7,84,022
34,09,483
29,78,487
26,22,381
6
COMPUTERS
1,95,79,547
57,00,259
2,70,035
2,50,09,771
1,69,43,891
38,99,179
2,63,722
2,05,79,348
44,30,423
26,35,656
8
LIBRARY BOOKS
8,93,992
-
-
8,93,992
8,58,958
12,733
-
8,71,691
22,301
35,034
9
SPECIMEN MINERALS SAMPLES
19,27,128
20,516
-
19,47,644
16,14,763
1,63,538
-
17,78,301
1,69,343
3,12,365
44,52,87,328
1,59,62,419
25,22,678
45,87,27,068
16,18,50,991
3,41,48,940
23,14,835
19,36,85,096
26,50,41,972
28,34,36,337
(B) INTANGIBLE ASSETS
COMPUTER SOFTWARE
1,28,47,792
-
-
1,28,47,792
1,17,56,237
7,15,883
-
1,24,72,120
3,75,672
10,91,555
1,28,47,792
-
-
1,28,47,792
1,17,56,237
7,15,883
-
1,24,72,120
3,75,672
10,91,555
(C) CAPITAL WORK IN PROGRESS
14,55,085
29,889
14,55,085
29,889
-
-
-
-
29,889
14,55,085
TOTAL
45,95,90,205
1,59,92,308
39,77,763
47,16,04,749
17,36,07,228
3,48,64,823
23,14,835
20,61,57,216
26,54,47,533
28,59,82,977
PREVIOUS YEAR TOTAL
45,03,81,396
1,87,50,038
1,35,14,707
45,56,16,727
10,56,32,328
3,04,47,137
95,72,116
12,65,07,349
32,91,09,378
34,47,49,068
DESCRIPTION OF ASSETS
THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
( A COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL )
NOTES TO THE STANDALONE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH, 2016
Notes:- 8.1
Sr
.
Built Up Area
Face Value
Share Premium Total
N
o.
Alloted
Rupees
Rupees
Rupees
1 Office Premises (5,128 Sq. Ft.)
5,128
51,28,000
2,66,38,719
3,17,66,719
2 Office Premises (1,315 sq. Ft.)
1,315
13,15,000
2,76,87,781
2,90,02,781
3 3 Car Parking Spaces 300 Sq. Ft.)
300
3,00,000
7,50,000
10,50,000
TOTAL
67,43,000
5,50,76,500
6,18,19,500
8.2
Trade Centre Office Premises - Mumbai
The cost of the premise of Rs.12,04,28,966 includes Rs. 3,500 paid towards shares to be allotted by the co-operative society. However, the said society has not yet been formed and hence,
the related share certificates in the name of the Council remain to be received
No. of Shares
Allotted
By virtue of holding the aforesaid block of shares, the Council is entitled to occupy the stipulated premises on Lease, as referred to herein above in BDB complex. The Council is entitled to peaceably possess, occupy, use and enjoy these
stipulated premises as rightful allottee/leasee. Accordingly, the Council has Capitalised the entire sum of Rs. 6,18,19,500 under the head "Office Premises" above
Bharat Diamond Bourse (BDB) Mumbai has allotted following block of shares in respect of the Diamond Bourse Constructed by it at Bandra Kurla Complex in Mumbai:
