AUDITORS' REPORT. Subject to the above mentioned points we report that. (i)

Transcription

1 Public Disclosure Authorized Phone: CHARTERED ACCOUNTANTS Fax: (033) , Kamalalaya Centre, 2nd Floor, 156A, Lenin Sarani, Kolkata ussahaco@hotmail.com u_saha@rocketmai.com Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized AUDITORS' REPORT We have audited the annexed Balance Sheet of THE WEST BENGAL SOCIETY OF RASHTRIYA MADHYAMIK SIKSHA MISSION, West Bengal and also the Income & Expenditure Account and Receipts & Payments Account for the year ended on 3 1st March 2014 annexed thereto. These financial statements are the responsibility of the Mission management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatements. An audit includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion and exceptions noted by us during the course of audit are given here under * Civil and Other Advances: During the course of audit, it was observed that Utilization Certificate (UC) for Civil Advances given to schools is not being collected by the Mission. In our opinion procedures related to follow - up for obtaining UJC s need to be strengthened. * Accounting Policy: Grants given are recognized as expenses at the time of receipt of UC's and not at the time of disbursement. * Vouchers : Proper vouchers relating to all expenses were provided to us. Subject to the above mentioned points we report that (i) (ii) The Accounts has been prepared as per the guidelines issued in the Draft Manual on Financial Management and Procurement under RMSA by the Human Resource Department, Department of Elementary Education and Literacy, Govt. of India where no provision has been kept for depreciation on Fixed Assets. 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. eahd A c lgranahng :-3urdwan, Wost Midnavore, Bhubaneswar and Dhanbad

2 (iii) (iv) (v) (vi) In our opinion proper books of account as required by law have been kept by the Mission so far as appears from our examination of those books. During the course of our audit it was observed that utilization certificates are not being collected by the district in regular manner. In our opinion procedures and follow- up for obtaining utilization certificate against advances lying for many years need to be strengthened. The Balance Sheet, Income & Expenditure Account and Receipts & Payments Account dealt with by this report are in agreement with the books of accounts. In our opinion and to the best of our information and according to the explanations given to us, the said accounts give the information required by law, in the manner so required and give true and fair view in conformity with the accounting principles generally accepted in India : (a) In the case of Balance Sheet of the state of affairs of the Mission as at 31st March, 2014 and (b) In the case of Receipt & Payment Account of the receipts and payments of the Mission for the year ended 31t' March 2014; and (c) In the case of Income & Expenditure Account, of the Surplus for the year ended on that date. S.Chatterjee FCA Membership No. 0 For U.S.Saha & Co. Chartered Accounta Saha o Kolkata AcGo Kolkata, the 1 0 ' December, 2014

3 The West Bengal Society of Rashtria Madhyamik Siksha Mission State - WEST BENGAL Rashtriva Madhyamik Siksha Abhiyan and Pre Project Activities CONSOLIDA TED BALANCE SHEET AS ON 31ST MARCH, 2014 Grant for Creation of Sources Of Funds Preparatory Grant Grant-in-Aid at Total Assets Capital Fund Opening Balance 1,10,50, Add: Fund Received from 001 5,66,37, ,56,00, ,32,87, Add: Fund Received from GOWB Add: Fund Received from SPO 8,01, ,01, Add: Refund _ 7,82, ,82, Add : Excess of Income over Expenditure 2,79, ,51, ,30, ,13,29, ,88,72, ,56,00, ,58,02, Pre-project Activities 2,71,77, G01 Fund in Transit 76,52, ,52, Inspire Fund As per Last Account Add: Received during the year Add: Fund Received from G01 Less: Utilized during the year 82,81, ,40, ,25, ,16, ,30, RMV As per Lat Account 41, Add: Received during the year Less: Utilized during the year 41, Loan from PBSSM 58, , Loans & Advances 5,56, Tbs 8, , '49-- 0A.', A.00 12,56,0, , 00

4 The West Bengal Society of Rashtriva Madhyamik Siksha Mission State - WEST BENGAL Rashtriva Madhamik Siksha Abhivan and Pre Project Activities CONSOLIDATED BALANCE SHEET AS ON 31ST MARCH, 2014 Grant for Creation of Application Of Funds Preparatory Grant Grant-in-Aid Total ra Gra ~Assetsn7oTta Fixed Assets : Lab Equipment As per Last Account 33,17, ,17, Add: Addition during the year 33,17, ,17, Equipment & Computers As per Last Account 5,00, ,00, Add: Addition during the year 5,00, ,00, Furniture As per Last Account Add: Addition during the year _ Civil Works As per Last Account 9,78,78, ,78,78, Add: During the year 9,78,78, ,78,78, Advance against Civil Works As per Last Account Add:Addition during the year Less:Transfer to Civil Works during the year Add: Intra Head Adjustment Advance other than Civil Works 2,00,43, ,00,43, ,00,43, ,00,43, As per Last Account 1,28,94, ,28,94, Add:Addition during the year 93,06, ,06, Less:Utilized During the year Add: Intra Head Adjustment -_ 2,22,00, ,22,00, und istrict 2,3ut 2,38,15, Sa I 1, p ,46, P~UM q6cdivab)mdm~ Gt01 16,52,

5 The West Bengal Society of Rashtriva Madhvamik Siksha Mission State - WEST BENGAL Rashtriva Madhamik Siksha Abhivan and Pre Project Activities CONSOLIDATED BALANCE SHEET AS ON 31ST MARCH, 2014 Balance at SPOI Districts Cash at Bank 76,44, ,02,11, ,79, ,89,36, Cash in Hand - 37, , Cash in Transit Cash at Bank Inspire Fund Cash at Bank RMV 5,02,49, ,89,73, Total 8,01,01, ,69,27, S. Chatterjee FCA Partner h Membership No: 05 Contron r of Fina1ce St t Director For U.S.Saha & Co Kolkata Chartered Account W BRMSA 1: BR M S A o t Aco Kolkata 10Oth December 2014

6 The West Bengal Society of Rashtriva Madhyamik Siksha Mission State - WEST BENGAL Rashtrive Madhyamik Siksha Abhiyan and Pre Project Activities CONSOLIDATED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST Annual Grant I ~ Grant for Creation ofi Expenditure Preparatory Grant Grant-in-Aid a t Total =repir,assets Minor Repair Bank Charges Administration Cost 14,47, ,47, Drop Out Survey _ Teacher's salary & Training Seminar 23, ,998,00 SEMIS Bank Interest of wrongly taken in adjusted in , , Excess of Income over Expenditure 9,30, ,30, Total - 24,09, ,09, Grant G i Grant for Creation of T income Preparatory Grant Grant-in-Aid AsesTotal IncomeAssets Annual Grant Interest - 24,09,606,00-24,09, Cash Retum Total 24,09, ,09, S. Chatterjee FCA Partner Membership No: ah' a U.S.Saha & Co, Koikata CStat Chartered Accountants Co BR R M S A Kolkatal0th December 2014

7 The West Bengal Society of Rashtriya Madhyamik Siksha Mission State - WEST BENGAL Rashtriya Madhyamik Siksha Abhiyan and Pre Project Activities CONSOLIDATED RECEIPTS & PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2014 Receipts Preparatory Grant Grant-in-Aid Grant for Creation of Total Assets Opening Balance Cash at Bank 65,51,820,00 4,30,39, ,24,940,00 5,05,16, Cash in Hand 39, , Cash at Bank Inspire Fund 82,81, Cash at Bank RMV Funds received for pre-project activities 33, GO1 PBSSM Districts - 6, Funds Received from RMSAlrefund GOI GOWB SPO 8,01,50000 Others Districts 7,82, ,82,796,00 Funds received for RMV 0 Funds received for Inspire Fund 6,65, Loans & Advance 5,56, Income Tax Deducted Interest Received - 24,09, ,09, Transferred from PBSSM TDS Recovered Miscellaneous 16, ,61, ,62,71, ,24, ,41,09,803.00

8 The West Bengal Society of Rashtriva Madhyamik Siksha Mission State - WEST BENGAL Rashtriva Madhyamik Siksha Abhivan and Pre Project Activities CONSOLIDATED RECEIPTS & PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2014 Payments Preparatory Grant Grant-in-Aid GrfatfreationoTf Assets Total Pre-Project Activities Drop out Survey - Teacher Salary 20,000,00 20,000,00 3,998,00 3, Teacher's Training Seminar Workshop SEMIS - Administration Cost 14,47, ,47, Infrastructure Building 2,69, ,69, Equipment and Computers Furniture Transfer to State Transfer to PBSSM Transfer to Model School - Distributed to districts Advance given for Lab Equipments Annual Grant Minor Repair Girl's Toilet Advances to others Inspire Award 33,16, Bank Charges RMV Income Tax TDS RMSA Distributed to PWD Distributdd to Sc)ol 71, ,820,00 DigthibOted todisv idts ~

9 The West Bengal Society of Rashtriva Madhyamik Siksha Mission State - WEST BENGAL Rashtriya Madhyamik Siksha Abhiyan and Pre Project Activities CONSOLIDATED RECEIPTS & PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2014 Funds disbursed to Districts for RMV Inspire Fund Disbursed to Districts Bank Interest of wrongly taken in adjusted in , , Closing Balance Cash at Bank 76,44, ,02,11, ,79, ,89,36, Cash In Transit - Cash in Hand Cash at Bank Inspire Fund Cash at Bank RMV - 37, , TOTAL 76,44, ,20,69, ,79, ,41,09, S. Chatterjee FCA Partner Membership No: 050 t e r M ForU.S.Saha&Co. * Kolkata Chartered Accounta Kolkata 10th December 2014 AcGO Controller of Finance WBRMSA

10 Lo ~ CD CD = - 0IL 886 S mc C 0 0 X 0.0s ooa LåJ C-l s 8, E FE a cr c-w L - 8., -

11 Rashtriya Madhyamik Siksha Abbiyan and Pre Project Activities DISTRICT WISE CONSOLIDATED BALANCE SHEET AS ON 31ST MARCH, 2014 Souresof:Funds Malda Murshidabad Nadia 24 Parganas N Paschim Mednipur Purba Mednipur CapitaWFund -peitifbaanc Add,- RiMSAit 9,64, , ,56, (5,058.00) 1,41, ,87, Fund Receivedfrom GOI Fund!Receivedfrom GOWB FundRoceivedifrom SPO 3,15, Refand of Annual Grant AddIies: Transferred from Income and _ 43, , , , , , Expefnditure_ *LessiNdjustment of Utilization Certificate 13,24, ,11, ,65, , ,75, ,99, GOI und in Transit Pre Project Activities Add: Fund Received , 0) 10.75, , ( 049 (1) 7802 (0 0 C5 927 (0 Less: Jtilised During the year Less: Transferred to State 1,28, ,75, ,40, ,70, ,80, ,05, Inspi6q Fund 84, ,97, ,28, ,58, ,12, , Prior- Pericd Adjustment Less: Utilised During the year (1, ),62, (97,446 00) Add: Received during the year Add: Fund Received from GOI (58,628.00) 1,35, , ,58, ,12, RI~Vl - 2, , h oanim PBSSM ;Loans"andAdvanc a Total 13.93, ,21, ,39, ,31, ,74, ,48,813.00

12 Rashtriya Madhyamik SiRsha Abhiyan and Pre Project Activities DISTRICT WISE CONSOLIDATED BALANCE SHEETAS ON 31ST MARCH, 2014 Soursef'FUnds Purulia Siliguri 24 Parganas S Uttar Dinajpur State Project Office Total Capital Fundiapeniu Balance (2,90,695.00) 75, Adft SMSX 11,04, , ,69,35, ,32,87, Fundl'eceived from GOI FundReceived from GOW8 FundlIceived from SPO RefrundefAnnual Grant '8,01, AddikessoTransferred from Income and (23,617.00) 7,82, (1,72,896.00) 7,82, , Cx.eaditure 29, ,35, ,30, Less: Adjustment of Utilization Certificate (3,14,312.00) (97,261.00) 11,43, , ,84,54, ,58,02, f Fbnd in Transit 76,52, ,52, Pre Project Activities 11,25, ,75, Add. Fund Received 5,94, ,60, , ,37,57, :71,71, Less Utilised During the year _ 6, Less Transferred to State InspireFund "Prior-Period Adjustment Less Utilised During the year Addt Received during the year Add! Pland Received from RIMV Loanrfrom PBSSM LoanR and Advances TDS O I 11,31, ,75, ,94, ,60, ,37,57, ,71,77, , , ,29, , ,07, ,81, (1,32,834.00) 24,25, ,34, , , , , , ,25, ,25, ,07, ,30, , , , ,56, ,56, Total 8,34, ,83, , ,34, ,78, ,49,29, ,69,27,416.00

13 Rashtriya Madhyarnik Siksha Abhiyan and Pre Project Activities DISTRICT WISE CONSOLIDATED BALANCE SHEET AS ON 31ST MARCH, 2014 ApplictionofFunds Bankura Burdwan Birbhum CoochBehar Dakshin Dinajpur Hooghly Howrah Jalpaiguri FiedAssets LabEquipment p: 43, ,00, ,00, Computer 1,00,000,00 Accessories 1,00, ,61, ,00, Office-Equipment 2,38, Gift Toilet Civil Works 1,50, ,50, ,28, Advanpe against Civil Works - 1,50, ,50, IftrerAdvances and Deposits - 9,90, ,40, , ,15, ,65, Fun@distributed to District _ - -_- Fund distributed to District Schools FundReceivable From G IiWanice at SPOI Distri e 8,01, ,76, ,88, ,18, , ,43, ,61, , Total 14,94, ,16, ,78, ,18, ,46, ,71, ,54,674.00

14 Rashtriya Madhyamik Siksha Abhiyan and Pre Project Activities DISTRICT WISE CONSOLIDATED BALANCE SHEET AS ON 31ST MARCH, 2014 Appliaf Funds Malda Murshidabad Nadia 24 Parganas N Paschim Mednipur Purba Mednipur FieAasets ola pipment omputer Accessories 1,00, ,00, ,00, ,00, ,00, Offia-Equipment Giis Toilet Civil Works 1,50, ,50, Adancoagainst Civil Works OtheiAdvances and Deposits 75, ,15, ,20, Fund distributed to District Fund distributed to District Schools undfeceivable From GOf0_ Yalance at SPOI Districts 12,93, ,46, ,74, ,11, ,74, ,98, rotaf 13,93, ,21, ,39, ,31, ,74, ,48,813.00

15 Rashtriya Madhyamik Siksha Abaiyan and Pre Project Activities DISTRICT WISE CONSOLIDATED BALANCE SHEET AS ON 31ST MARCH, 2014 Application of Funds Purulia Siliguri 24 Parganas S Uttar Dinajpur State Project Office Total Fie Asseta LahlEguigment 6,00, :Compwter Accessories 2,74, ,00, ,17, :Ofce Equipment 2,61, Gidts Toilet 2,38, CivifWorks 1,50, ,50, ,62,49, ,78,78,514,00 Aduiance-against Civil Works - 1,97,43,124,00 2,00,43, ttteradvances and Deposits - 1,50, ,69, ,66,86, ,22,00, Fund distributed to District Funedietributed to District Schools 12,000,00 Fund,geceivable From GOI / 2,38,15, ,38,15, , ,75, ,46, ,52, ,52, BaDamce,atSPO Districts \ 72, ,33, ,41, ,18, ,83,07, ,89,73, Total / 8,34, ,83, ,34, ,78, ,49,29, ,69,27,416.00

16 Rashtriya Madhyamik Siksha Abhiyan and Pre Project Activities DISTRICT WISE CONSOLIDATED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 2014 Ieriditure jbankura Burdwan Birbhum CoochBehar Dakshin Hooghly Howrah Jalpaiguri IDInaipur Teacher Training Seminer Annual Grant Minor Repair Bank Charges Adrninistration Cost 1, , Hire Chargesof Vehicles Bank Interest of rongly taken in ajusted in Transferre ital 33, , , , , , Total 33, , , , , , ,193.00

17 Rashtriya Madhyamik Siksha Abhiyan and Pre Project Activities DISTRICT WISE CONSOLIDATED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 2014 Ependiture mmaida Murshidabad Nadia 24 Parganas N Paschim Mednipur Purba Mednipur Purulia Siliguri Teacher Training Seminer 3, , Annual Grant Minor Repair Bank Charges Administration Cost 11, , ,81, Hire Charges of Vehicles Bank Interest of Wrongly taken in ajusted in , Transferred to Capit -43, , , , , , t/ 43, , , , , , ,81,593.00

18 Rashtriya Madhyamik Siksha Abhiyan and Pre Project Activities DISTRICT WISE CONSOLIDATED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 2014 E,enita~e. 24 Parganas S Uttar Dinajpur State Project Office Total Teacher Training Serniner 23, Annual Grant Miaor Repair Bank Charges iadministration Cost 12,41, ,47, Hire Charges of Vehicles Bank Interest of vrongly taken in adjusted in , [Transferred to Gan Trnd tc38, , ,35, ,27, Tta38, , ,77, ,06,136.00

19 Rashtriya Madhyamik Siksha Abhiyan and Pre Project Activities DISTRICT WISE CONSOLIDATED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 2014 Annua Grant Bankura Burdwan Birbhum CoochBehar Dakshin Hooghly Howrah Jalpaiguri Dinajpur iterest 33, , j , , , , Cash Retum Transferred to Ga um 33, , , , , , , ,191.00

20 Rashtriya Madhyamik Siksha Abhiyan and Pre Project Activities DISTRICT WISE CONSOLIDATED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 2014 tmmamda IVurshidabad Nadia 24 Parganas N Paschim Mednipur Purba Mednipur Purulia Siliguri Annua Grant est 43, , , , , , , , Cash Return - Trnsferred to CaD 3 -und tc23, ,72, ,364,00 49, , , , , , ,81,593.00

21 Rashtriya Madhyamik Siksha Abhiyan and Pre Project Activities DISTRICT WISE CONSOLIDATED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 2014 Incom~e jj 24 Parganas S Uttar Dinajpur State Project Office Total AnnuatGrant - lterest 38, , ,77, ,09, Cash Return - Transferred to Capital 0 \l 38, , f9,77, ,06, ,96, aoa

22 Rashtriya Madhyamik Siksha Abhiyan and Pre Project Activities DISTRICT WISE CONSOUDATED RECEIPTS PAYMENTSACCOUNT FOR THE YEAR ENDED 31ST MARCH 2014 RECEIPTS Bankura Burdwan Birbhtm CoochBehar Dakshin Hooghly Howrah Jalpaiguri Maida Mdabad Opening Balance Cash at Bank 8:59, ,07, ,01,824,00 1,04, , , ,41, , , ,63, Cash in Hand 5, Fund received for Pre ProjectActivitiesirefund G0J PBSSNl Districts Funds received for RMSA Got GOWB SPO 2,70, , , , ,15, Districts Funds received for Inspire 1,40, Fundirefund Funds received for RMV from WBCROS Funds received from State Project OfficefRefund from Districts Miscelleneous Pre Projects Inspire Fund RMV Others Loans & Advance Income Tax Deducted Interest Received 33, , , , , , , , Transfer from P TDS Recov N M Total // 8,93, ,76, ,16, , , ,69, ,61, , ,36, ,144,00

23 Rashtriya Madhyamik Siksha Abbiyan and Pre Project Activities DISTRICT WISE CONSOLIDATED RECEIPTS PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2014 RECEIPTS Nadia 24ParganastNorth Paschim PurbadMednipurPurut2 IMedniprOfc Pr State Pect Tota Opening Balance Cash at Bank 2,63, ,03, ,40, Cash 5,86, in Hand 1,01, ,06, ,02, ,47,309,00 4,81,16,583,00 5,88,32, , , , Fund received for Pre Project Activitiesirefund GOI PBSSM Districts 6, , funds received for RMSA GOI GOWB SPO Districts Funds received for Inspire Fundirefund 8,01, ,82, ,82, ,25, ,65, Funds received for RMV from WBCROS Funds received from State Project Office/Refund from Districts Niscelleneous Pre Projects Inspire Fund RMV Others Loans & Advance income Tax Deducted 16, , , ,56,49600 Interest Received 8, , , , , , , , :77, ,09, Transfer from P TDS Recoaw Ta2,72, AcO 4,19, ,74, , ,11, ,14, , ,78, ,19,74, ,4109,803-00

24 Rashtriya MadhyamIk Siksha Abhiyar and Pre Project Activities DISTRICT WISE CONSOUDATED RECEIPTS PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2014 PAYMENTS Bankura Burdwan Birbhum CoochBehar Daksisn Dinajp Hooghly Howrah Jalpaigurf Malda Murshidabad Pre-Project Activities Drop out Survey SEMIS Adminstration Cost 1, , Infrastructure Building Equipmentand Computers Fumiture Advance to Others Transfer to State Transfer to PBSSM Transfer to Model School Distributed to districts Teacher's Training Seminar Workshop 3,99800 Lab Equipments Annual Grant Minor Repair Girls Toilet Inspired Award Bank Charges 91, ,26, , ,26, ,42,900, RMV Consutancy Charges Income Tax TDS Teachers Salary RMSA Distributed to PWD Distributed to Schools Distributed to Districts Funds disbursed to Districts for RMV Inspire Fund Disbursed to Districts Bank Interest of wrongly taken in adiusted in Closing Bajokc- ah a Cash at 1 8,01, , , , , ,55, ,64, ,46, Cash ib 5, Nil Total 8,93, ,76, ,33, , ,69, ,61, , ,13,14400

25 PAYMENTS Nadia 24Parganas N Paschim Medn Purba Mednipur Purulia Siliguri 24 Parganas S Uttar DinaJpur Slate Project Total Rashtriya Madhyarnik Siksha Abhiyan and Pre Project Activities DISTRICT WISE CONSOLIDATED RECEIPTS PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2014 Pre-Project Activities Drop out Survey SEMIS Administration Cost Infrastructure Building Equipment and Computers Furniture 11, , ,81,593,00 2,69, ,41, ,47, ,69, Advance to Others Transfer to State Transfer to PBSSM Transfer to Model School Distributed to districts Teacher's Training Seminar Workshop Lab Equipments Annual Grant Minor Repair Gid's TdIlet InspiredAward 97,44600 Bank Charges RNIV Consultancy Charges Incore Tax TDS Teachers Salary RNSA Distributed to PWD Distributed to Schools Distributed to Districts Funds disbursed to Districts for RMV Inspire Fund Disbursed to Districts Bank Interest of , wrongly taken in adjusted in _ 20, , , ,32, ,16, ,000,00. 59, , Closing Balance Cash at Bank IZ- S 1,74, ,11, ,74, ,98, , Cash in Hand / 1,33, _ 5,41, ,16, ,83,07, ,89,36,2500 1, , Total 2,72, ,19, ,74; ,09,990,00 1, ,14, ,43, ,78, ,1974, ,41,09, , %dacgc~

26 The West Bengal Society of Rashtriya Madhyamik Siksha Mission Bikash Bhawan (2nd Floor) Salt Lake, Kolkata UTILISATION CERTIFICATE FOR THE YEAR ENDED 31ST MARCH 2014 Grant for Particulars Preparatory Grant Grant-in Aid Creation of Total Capital Assets Received from Govt. Of India Received from Govt. Of WB Total Unadjusted balance b/f of the previous 78,81, ,25,54, ,39,91, ,44,26, year Note (a) Bank Interest 24,09, ,09, Refund during the year - 7,82, ,82, Total 78,81, ,57,46, Less: 2,39,91, ,76,19, Expenditure during duringd ,78, ,78, Less: Adjustment Unutilized balance to be clf for including Cash 78,81, ,42,67, ,39,91, ,61,40, Cas and and tram are I II

27 Certified that out of Rs. 8,44,26, (Rupees Eight Crore Forty Four Lakhs twenty Six Thousand Eight Hundred Twenty Two only) unutilized balance, Rs78,81, (Rupees Seventy Eight Lakhs Eighty One Thousand Seventy Eight only) is for Preparatory Grant, Rs.5,25,54, (Rupees Five Crores Twenty Five Lakhs Fifty Four Thousand Five Hundred Two only) is for Grantin Aid and Rs. 2,39,91, (Rupees Two Crores Thirty Nine Lakhs Ninety One Thousand Two Hundred Forty Two only) is for Grant for Creation of Capital Assets. Certified that expenditure of Rs. 14,78, (Rupees Fourteen Lakhs Seventy Eight Thousand Nine Hundred Eighty Six only) has been incurred during the year , which is for Grantin- Aid. The expenditures adjusted are on the basis of vouchers produced to us by the mission. It is also certified that funds have been utilized for the purpose for which it was sanctioned. Kinds of Checks Exercised 1. Utilization Certificates State ector W BR M SA 2. Audited Statement of Accounts Signature with Rubber Stamp State Project Officer 9h* Director The West Bengal Society of Rashtriya Madhyamik Siksha Mission d Partnerl West Bengal

28 Phone : CHARTERED ACCOUNTANTS Fax : (033) , Kamalalaya Centre, 2nd Floor, 156A, Lenin Sarani, Kolkata ussahaco@hotmai.com u_saha@rocketmal.com AUDITORS' REPORT We have audited the annexed Balance Sheet of THE WEST BENGAL SOCIETY OF RASHTRIYA MADHYAMIK SIKSHA MISSION, Unit : Model School, West Bengal and also the Income & Expenditure Account and Receipts & Payments Account for the year ended on 31t March 2014 annexed thereto. These financial statements are the responsibility of the Mission management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatements. An audit includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion and exceptions noted by us during the course of audit are given here under: 4 Accounting and Ledgers : Accounts have been maintained at SPO. + Vouchers : Proper vouchers relating to all expenses were provided to us. -t The amount shown as advance to others in the previous year is actually advance given for Civil Works. Subject to the above mentioned points we report that (i) (ii) The Accounts has been prepared as per the guidelines issued in the Draft Manual on Financial Management and Procurement under RMSA by the Human Resource Department, Department of Elementary Education and Literacy, Govt. of India where no provision has been kept for depreciation on Fixed Assets. 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. red h Branches :- Burdwan, West Mid napore, Bhubaneswar anddhnd

29 (iii) (iv) (v) (vi) In our opinion proper books of account as required by law have been kept by the Mission so far as appears from our examination of those books. During the course of our audit it was observed that utilization certificates are not being collected in regular manner. In our opinion procedures and follow- up for obtaining utilization certificate against advances lying for many years need to be strengthened. The Balance Sheet, Income & Expenditure Account and Receipts & Payments Account dealt with by this report are in agreement with the books of accounts. In our opinion and to the best of our information and according to the explanations given to us, the said accounts give the information required by law, in the manner so required and give true and fair view in conformity with the accounting principles generally accepted in India: (a) In the case of Balance Sheet of the state of affairs of the Mission as at 31" March, 2014 and (b) In the case of Receipt & Payment Account of the receipts and payments of the Mission for the year ended 31t March 2014; and (c) In the case of Income & Expenditure Account, of the Surplus for the year ended on that date. S.CHATTERJEE FCA Membership No For U.S.Saha & Co. Chartered Accountant[' Firm Registration No: 309 7E--- I V Kolkata, the 10 December, 2014.

30 The West Bengal Society ofrashtriya Madhapamik Siksha Mission State - WEST BENGAL MODEL SCHOOL SCHEME BALANCE SHEETAS AT 31ST MARCH 2014 Sources Of Funds Amount (Rs.) Amount (Rs.) Application Of Funds Amount (Rs.) Amount (Rs.) Capital Fund Advance to others Civil Works Opening Balance 30,59.86, (As per last year) 24,92,66, (As per last A/c) Add : During the year 6,19,00, Add: Transferred from 9,01, ,88, Less: Utilised during the 31,11,66, Income and Expenditure year as per Utilization Account Certificate received as on Received from MHRD Govt of india 18,57,00, Civil Works 23,84,33, Received from S.E Dept 6,19,00, Govt of West Bengal Loan from RMSA 2, (As per last A/c) Cash at Bank Bank of India-Salt Lake Br. 48,90, A/c No ,44,90, ,44,90, S.CHATTERJEE FCA Membership No ForU.SSah&Cos Controller of Financer For U.S.Saa & Co. lo w BRMSA W ~~~~~B R S Stat A at B0 ~ MSA Dr~O Chartered Accountants -0 qr Kolkata, 10th December Koktred 2014, e

31 The West Bengal Society of Rash triva Madhramik Siksha Mission State - WEST BENGAL MODEL SCHOOL SCHEME INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2014 EXPENDITURE Amount (Rs.) Amount (Rs.) INCOME Amount (Rs.) Amount (Rs.) To Excess of Income over Expenditure transferred to Capital Fund 9,01, By Bank Interest 9,0], ,01, ,01, S.CHATTERJEE FCA Membership No For U.S.Saha &C va & \ Controller of Finance StaLQ Director Charere U.SSaa Chartered &WBRMSA Accou ts 5C WBRMSA Kolkata, 10th Dec

32 The West Bengal Society ofrashtriva Madhvamnik Siksha Mission State - WEST BENGAL MODEL SCHOOL SCHEME RECEIPTS & PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2014 RECEIPTS Amount(Rs.) Amount(Rs.) PAYMENTS Amount(Rs.) Amount(Rs.) To Opening Balance By Executive Engineer Cash at Bank Bankura Division 4,19,00, Bank of India-Salt Lake Br. 6,58,88, Birbhurn Division A/c 2,00,00,000,00 No ,19,00, To Interest Received 9,01, By Closing Balance Cash at Bank Bank of India-Salt Lake Br, 48,90, A/c No ,67,90, ,67,90, For U.S.Saha & Co. Chartered Accountants Date: 10th December 2014 Place: Kolkata red S.Chatterjee, FCA (Partner) Membership No Controller of Finance W B R M S A Stat C iretor B R M S A

33 The West Bengal Society of Rashtriva Madhyamik Siksha Mission State -WEST BENGAL UTILISATION CERTIFICATE: MODEL SCHOOL SCHEME Particulars Amount in Rs. Received From Govt. of India during the year Received From Govt. of West Bengal during the year Total Unadjusted Balance b/f from ,51,55, Bank Interest 9,01, Grand Total 31,60,56, Adjusted during the year through collection of UC's Unadjusted Balance to be c/f to (including Closing Cash at Bank) 31,60,56, Certified that an amount of Rs.Nil has been received during the year An amount of Rs.6,19,00,000/- has been disbursed to the two respective agencies (PWD) as per allotment orders. 2. Certified that an amount of unadjusted advances of Rs.31,51,55,442/- has been carried forward from the previous year out of which an amount of Rs.Nil has been adjusted through collection of UC. 3.The above utilisation certificate has been prepared after verification of books and records produced before us and found in accordance therewith. Stat~ S.Chatterjee, FCA BR M A Membership No, , 0 c irec t' For U.S.Saha &Co Chartered Accountants Kolkata,10th December, 2014

34 2 4 e