External Audit Report for the FY 2020-21 Institutional Strengthening of Gram Panchayats (ISGP) Program-II External Audit conducted by KGRS & CO CHARTERED ACCOUNTANTS Report issued on 25.02.2022 Chatterjee international Centre K S 17th Floor Flat No 13 Chartered Accountants 33A, J L Nehru Road Kolkata - 700 071 Tel (033 4005 6199 INDEPENDENT AUDITORS' REPORT To the Program Director, Institutional Strengthening of Gram Panchayat Program-l Government of West Bengal Report on the Audit of the Project Financial Statements Opinion We have audited the accompanying special purpose financial statements of institutional Strengthening of Gram Panchavat Program-li (the Project), financed by the International Bank for Reconstruction and Development (IBRD)under Loan IBRD-8723 In and implemented by West Bengal State Rural Development Agency. These Financial Statements comprise of Balance Sheet as at 31st March 2021, the Statement of Income & Expenditure Account and Receipt & Payment Account for the year ended on that date, and notes to the financial statements, inclUding a summary of significant accounting policies (collectively referred to as the Project Financial statement or PFS). In our opinion, the aforesaid special purpose Project Financial Statements give a true and fair view of the financial position of the Institutional Strengthening Of Gram Panchayat Program-II as at March 31,2021, Receipts and Payments of the Project for the year ended on March 31,2021 and the Income and Expenditure of the Project for the year ended on March 31,2021, in accordance with the financial reporting provision of section 5.09 of the General Condition of the World Bank read with the Loan A-reement IBDR-8723-IN and Project Agreement both dated 22" March,2017 described in Note 01 under Schedule U. Basis for Opinion We conducted our audit in accordance with the Standards on Auditing (SAs) issued by the Institute of Chartered Accountants of India (ICAI). Our responsibilities under those Standards are further described in the ALiditor's Responsibilities for the Audit of the Financial Statements section of our report. We are independent of the implementing agency in accordance with the ICAI's Code of Ethics issued by the ICAI and we have fulfilled our other ethical responsibilities in accordance with the Code of Ethics. We believe that the audit evidence we have obtained, is sufficient and appropriate to provide a basis for our opinion. Emphasis of Matter We draw attention to Note 02 under Schedule U to the PFS describing the basis of accounting. The PFS is prepared to assist the Institutional Strengthening Of Gram Panchavat Program-Il under West Bengal State Rural Development Agency to meet the financial reporting requirement of the Project Loan Agreement dated March 22, 2017 in respect of preparation of the Project financial Statement in a manner to reflect the operation, resources and expenditures related to the project. As a result, this special purpose financial statement may not be suitable for another purpose. Our opinion is not modified in respect of this matter. KGRS & CO Responsibilities of Management and Those Charged with Governance for the Project Financial Statements Management of the implementing agency is responsible for the preparation and fair presentation of the Project Financial Statement in accordance with the financial reporting framework described in Note 02 to these financial statement, and for such internal control as management determine is necessary to enable the preparation of Project Financial Statement that are free from material misstatement, whether due to fraud or error. The Management and those charged with governance are responsible for overseeing the implementing agencvs financial reporting process. Auditor's Responsibilities for the Audit of the Project Financial Statements Our objectives are to obtain reasonable assurance about whether the Project financial statements, as a whole, are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also: Identify and assess the risks of material misstatement of the Project financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion. forgery, intentional omissions, misrepresentations, or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the operating effectiveness of the internal financial control over financial reporting. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management. Evaluate the overall presentation, structure and content of the Project Financial Statement, including the disclosures and whether these financial statement present the Project's operation and underlying transaction and event in a manner that achieves fair presentation in accordance with the financial reporting provision reporting provision described in Note 02 under Schedule U to the Project financial statements. * We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards. KGRS & CO Report on Other Legal and Regulatory Requirements Further to our opinion on the ProJect financial Statement xe further report that: a) We have sought and obtained al the inforiation and explanations w%hich to the best of our kno ledec and belief wN ere necessary for the purposes of our audit. b) In our opinion. proper books of account as required by law have been kept by the Society so far as it appears from our examination of those books. c) 1 e Project Financial Statement dealt wkith by this Report is in agreement with the books of account. d) The project funds xere utilized for the purposes for which they were prov ided. e) Expenditure. includes assets created under the Project, shown in the IS are eligible for financing under the Project Financing Agreement. For K( S & (() Chartered Accountants Firm Regisiration No. 310014 E S Das Partner M1enibership No. 303106 UJDIN: 22303106ADRAUJ7546 Place: Kolkata Date: 25'` Februarv, 2022 INSTITUTIONAL STRENGTHENING OF GRAM PANCHAYATS PROGRAMME-ll WEST BENGAL IBRD-8723-IN Balance Sheet as at 31st March, 2021 As at 31st March As at 3 1st March 2021 A t31s l c Sources of Funds Schedule 2020 Amount (Rs.) Amount (Rs.) Amount (Rs.) Capital Funds A 29,17,26,618.42 28,68,12,002.42 Restricted Funds B 2,66,76,21,780.97 1,19,17,09,231.67 Current Liabilities Earnest Money 16,38,085.00 26,77,548.00 TDS under GST 5,94,700.00 2,49.473.00 Income tax Deducted at Source 14,54,224.00 12,25,931.00 Professional Tax 15,106.00 37,02,115.00 43,440.00 Total 2,96,30,50.514.39 1,48,27,171626.09 As at 31st March 2021 As at 31st.March Application of Funds Schedule 2020 Amount (Rs.) Amount (Rs.) Amount (Rs.) Fixed Assets C 29,17,26.618.42 28,68,12,002.42 Current Assets, Loans & Advances Current Assets:- Savings Bank (ISGPP-I1) 2,66,53.,00,394.65 1,18,39,34,451.85 Cash in hand (ISGPP-1I) - - Cash in hand (District Co-ordination Unit) P.1 23,182.00 29,841.00 Savings Bank (District Co-ordination Units) P.2 45.07,810.02 45,72,972.02 Savings Bank (PBG Account-DPRDO) P.3 12,26,006.30 38,99,765.80 2,67,10,57,392.97 Loans & Advances Advance to Staff D 40,000.00 1,93,338.00 Advance to Others E 750.00 10,98,606.00 Security Deposit F 2,25,753.00 21,76,649.00 2,66,503.00 Total 2,96,30,50,514.39 1,48.27,17,626.09 Significant Accounting Policies and Notes to Accounts U In terms of our report of even date For and on behalf of KGRS & Co artered Accountants For and on behalf of the Project nsp tion No: 310014E Partner rornm-FLl,4a 41'crg Membership No. 303106 Place: Kolkata Date : 25.02.2022 INSTITUTIONAL STRENGTHENING OF GRAM PANCHAYATS PROGRAMME-I WEST BENGAL IBRD-8723-IN Income & Expenditure Account for the year ended on 31st March, 2021 For the period Ist April 2019 to 31st Icm heue For the year ended 31st MIarch 2021 Xlarch 2Q20 Income Schedule N rh21 Amount (Rs.) Amount (Rs.) Amount (Rs.) Amount (Rs.) Grant In Aid from World Bank Fund Utilised during the period 18,16,78.143.00 1,83.20,08,192.20 Grant In Aid from Counterpart Finance Fund Utilised during the period 13,10.96.431.00 2.16,64.55.129.00 Interest from Bank Interust on Sav ing Bank 5.60,43.073.30 7.47.06.940.00 1isc.Receipts 7,100.00 Total (1) 56,88,24697.30 4.07.31,70.260.20 Fo r the year ended 31st March 2021 For the period Ist April 2019 to 31st Expenditures Schedule March 2020 Amount (Rs.) Amount (Rs.) Amount (RS.) Amount (Rs.) Performance Based Grants Perfornance Grants based on BMC G.1 - 15.09.10.515 00 Performance Grants based on EMC G.2 - 1.24.49.05,039.00 Grant to Gram Pancha)ats (SFC PBG Phase-I GPs) G.3 - I,02.47.22.077.00 Grant to Gram Panchayats (SFC PBG Phase-Il GPs) G.4 - I1,0125,67.369.00 Grant to Gram Panchayats (SFC Grants) G.5 - Expenditures Formal Learning and Trainin:- GP Rased Allocation H 48,91,390.00 2,79,16600.00 Mentoring Support Staff Cost 1 14.08.34,89 1.00 12.26,43.674.00 Operating Expenses J 7,86,42,594.00 6.22,08.449.20 Training Expenses K 4,81,787.00 12,11,016,00 21,99,59,272.00 System Development & Roll -out L 2,25,22,389.00 6,62,50,187.00 Support for HR recruitment for GPs 5v99,255,00 80,00.000 00 Performance Assessment & Baseline M 94.77.602 00 3,10,23.704.00 3,25,99,246.00 Program Management, Coordination and Monitoring Consultancy for DLI Ventication 26,59.868.00 53.197361 00 Consultancy for Mid Term Review 59.44.956.00 9.18,74800 Consultancy for Output VerTfication 22,16.512.00 33,43,668 00 SCU Operating Cost N 2,64,44,302.00 2,65,68,110 00 SCU Rent & Maintenance G 35,23.063.00 59,10.997 00 SCU Staff Cost P 1,86.84,599.00 1.60,7839800 CoMpuiter & Equipments for Project Offices Q 45.43,007.00 76,42,834.00 Office Setup Cost R 41,52,943.00 23,14,335.00 Project & Citizen Commanications S 5.60.58.985.00 4.86,68,151.00 * Exposure Visit of Project Staff V a - 1,73.831.00 12,42.28,235.00 Operating Expenditure-Counterpart Finance T 13,10,96,431.00 12,91,65,682.00 Total (2) 51,27,74,574.1111 3.99.84.63.20 20 Excess of Income over Expenditure (1-2) transferred 5,60,50,123.30 7,47,06,940.00 Significant Accounting Policies and Notes to Accounts U In terms of our report of even date For and on behalf of KGRS & Co *harter c onmtants For and on behalf of the Project Irm's tio No: 310014E as) Partner Progr m irect linance 1nager n harge Membership No. 303106 Place : Kolkata Det02 Date :25.02.2022 3 INSITI1ONAL STRENGTIELNING OF GRAM PANCHAY ATS PROGRAMMIIE-II WEST BENGAL IBRD-8723-IN Reccipts & PaNjmentAcco)unitfor thre;er ended 31s1 larekh,2021 For he priod 1 i April 20>19 to 3!s For the year ended 3lst Mlarch 21121 Flih2irii 1 Reccipos Schedule March 2070 mun (1R. Amount (1Rs.) Amunt (Rk) A mouit (4%.R Openin2 Balances Savines Bank ýJSGPP-11) 1, 8,39.34A, 18. 1, 1 2.551>7A,41 N5 Cashin hand (ISGPP-l) Cash in hand (Distct (o-ordinailon Unis) PJ 29541 00 22.221.00 Savincs Bank {District Co-ordiniaion Units) P.2 4î727202 34 25,SS 42 Savinas Bank PBG ACCON T-DPRDo i P.3 3 83107 8 1 3»24,7.3C67 3758.86 T, 113.2K04_01 2.7 Grant in Aid Received Grani-In-Aid Fron GfvloWesBenual 'I lt2 0 i(J Grns - dFrem G Ci fWe,1 Benpgl (SW) 0 1 u160)00 Gran-ini-Aid Fron Of,as . 01 Wesl BenVAal IDA-PPA) - 1.3.637000 3.98.2 l .l.A00l Loan From Mission Nirial Bangla Transferred From Project Preparation Adiance (PPA) Bank Balancie Cash AdJkance o StTf Secunt fDeposits Ad TlSe [llsiranc Preioum Interest from Rank Interesi on Sa äg Bank ISGPP-Il 55920> >95 10 7,44A9.4731l PFIG A C DPRDO 236A6 00 5.60.43.023.30 4 .940.00 Misec Receips Opening Balance ofAdvbancc to S:af D i331tl0 *nl 0I Opening Balances >1 Advancs 10 shhers 10 00 73612A fir Opening Balanccs of Security Deposits 2 764 11 2>, J5sI* Closing bakince of Larnest Money Received 169><00 26754.00 Closing Balances of'Dittes & Taxes TS ,nder GST 5M70'10 29A> Incopie Tax Deducied at Scurce 14,54224fmi 1221,9311,00 Professional Tax 1 1).1100 43.449 01) Total 3J18,82.94,t,l.97 5,196 A,6.7 In terns of our report of esen date For and on behalf of KGRS & Co Chariered Atcountants For and on behalf of the Project irm's Re sration No: 310014E Partner Progrujim irc harrge, Nlembership No. 3031116 Place Kotkata Darte 25.02,2022 For the period lest ApriI 2019> to 3 I1s For the Scar ended 31st Nlarch 212 1 Frtelir d1. pi 01 o3lS Pa% unents Schedule Nareh 2020 Amou)tnt JR%.) Amoiunt JR%.) A mount (Rs.) Amnouint (Rs.ý Performance ased (rant, Perfoirance Gnis bascd on BMC G.1 - l5.09,10,515.00 Perforn na!ce G rants basCd on EMC G.2 124.49,05,039.00 Grant io Gram Panchayas MSF P[G Phase-I GPs) G3 1.02,4722.077.00 Grant to Gram Pa(hs (K' CPG Phase-1l GP's) G 4 -LL25.67.369.00 Grant To Gram n chayas (SF Grans G.5 - Esxpnditures .0-00 Formal L.earning aud Training:- GP Based A H 4K. 390 00 2,79 60,01)1> ilø Mentoring Sup port Stat Cost ,443100 12,20,43.074.00 Operaltn Expenses J 7,,). 12.594 00 t.22.08,449.20 Training Expenses K 4,1.747.00 12,11.016.00 21 ,99.59.272 00) 4.6)26333920 S sten Dekelopnmet & R oll -out L 2 1) 223841 2.0022.3×9.0 6A2.5187 00 Support for IIR recruiclent for CPs 9925500 0000 Performance AsseASment & Baseline M 4.77.602.00 94.77100 -2704 (j0 Program Management, Coordination and Nniiito,iriL, onsultancy or DI I Verification 26.59 8.00 5. 19,736.00 Consultancy for Mid Term Review 59,44,95.00 9.18.748 00 Consultancy for O)utput Verification 22J .5s2 i -- 0) 33.43.668.00 SCU OOealinu CoSt N 2,64.44,3012.00 2,65.68,110.00 SC,U RenT & Maintnnane G 3 2 n)on 59.10..997.00 SC, SirfosP 1,60.78398,00 Collu'.e r.8 1&EuiT'TmItS for ProjeCT Omres Q s54,070 76,42834. (0 Oc Stcup (ostR 41 . 2 0 J4.335.00 Projeci& . Citizen (omunTications 5 5.60,5 0 4.6,6.15 1.00 Exposure ølo Pr,iot Stalf 7383 I 1 6)1)8 .0 Operating F%penditurc SVC T 11096431 00 12,1. 2.00 51,27,74574 3,99,84,63,32.20 Opening ,1Bnof ies & Tas I II M4 (0 I.4-34.00 Opening Balanrc .arnes Money 54111 1 9,w2.486.00 C losing Balan1es ., Adxince, to Stort 1) 40,000 00 1 3.3.l1 Closig Balnoe, of Ad fnes TO Others - 10)').00 Closing BalanCe, fl)Sceclrity Deposs F 2.26,510 21. (.649.00 Closin" Balances SavinTg Bank (i :GP-I1) 2,66,530)394 65 1. l,39.34,451.85 Cash in hand |SGP-1) Cash i h.nd i sict Co-ordiaIion tUnins) P.1 23 0 29.841 00 Savines Bank (Diwsti Co-ordinanon Unit, P.2 4503 ý02 45,72.92.C2 Savings Bank (PMG AN(3iUNT-DPRDO) P.3 12,206, 30 38 99,654 Total 3.11,82,94,861.)7 5 i 55 7 Significant Acciunting Policies and Notes to Accounts u In terns of our reponl of even, dme For and on behalf of KGRS & Co Chartered kecountants For and on behalf of the Project Fj is Regst ion~ N 11)114E (S Das Partner Programme I Finance Ma MNembnership No. 303106 Place Kolkala Date :25.02.2022 INSTITUTIONAL STRENGTHENING OF GRAM PANCH1AVATS PROGRAMME-II WEST BENGAL IBRD-8723-IN Schedules to the Balance Sheet Amount (Rs.) Amount (Rs.) Schedule Particulars As at 31st March 2021 As at 3 Ist Nlarch 2020 A Capital Funds Opening Balance 28 68 12 00242 23,66.44.181.42 Add Addition during the period 49,14.616,00 5,01,67,821 00 Closing balance at the end of the period 29,17,26,618 42 28,68,12002.42 Total 29.17,26,618.42 28.68,12,002.42 Amount (Rs.) Amount (Rs.) As af31st March Schedule Particulars As at 31st March 2021 k 1 _2020 B Restricted Funds B.1 Transferred From Project Preparation Advance - - loan Transferred from Project Preparation Advance - B.2 Pro2ramme-IBRI) Opening Balance 68.28,58.081.67 78,49,53,333.87 Fund Received during the period 59,46,37,000.00 1,65,52,06,000 00 Add:- Excess of Income Over Expenditure (Interest & 5,60,50,123.30 7,47,06.940.00 Misecllaneous Income) 1 33,34545,204.97 215 148.66,273187 Less:- Fund utilised during the period 38,16,78,143 00 1,83 20 (18 192 20 95,18,67,061.97 68,28,58,081.67 B.2 Counterpart Finance Opening Balance 50,8851,150 00 34.84,06.278.00 Received during the period 1.33.80.0.00 00 2,3?,69 00 000 00 1.84.68.51.150.00 2,67,53.06,278.00 Less: Fund utilised during the period 13.10.96,431 00 2,16,64,55,128,00 Closing Balance 1,71,57,54,719.00 50,88,1,150.00 Grand total 2,66,76,21780.97 1,19,1709,231.67 INSTITUTIONAl. STRENGTHENING OF GRAM PANCIlAY-TS PROGRAMME-Il WEST BENGAL IBRD-8723-IN Schedules to the Balance Sheet Amiount (Rks. Amount (Rs.) | As al 31st March Schedule Particulars As at 3 Ist Nlarch 2021 20020 1) Ad% ance to SalT Permianent .Ad aice Asim Kumar Das 20,o00 00 20000.00 Subhasis fbanauchi jcc 20,000.00 200 00 40000.0û 410,0100.00 District Co-ordination Ui its Howrah 42500 00 Hooshfi - .63800 - 59,138.00 Other Advance Jagadish Singh 2.000.00 Jhumpa Ciatterje 92,20000 - 94,200.00 Total 40,000.00 1,93.338.00 kmount (Rs.) Amount (Rs.) As al 31st AIarch Sehedule Particulars As al 3 Ist March 2021 202 a A dÅance lo Others 1IF)C ERGO - 10 97.836 00 laya nWaick Industries (Dakshin Dinajpur) 2 0 00 250 00 \IadLul Paiks P l 1d - 20.00 Wharti Airte -0 0 500 00 701 1 10,98,606.00 INSTITUTIONAL STRENGTHENING OF GRAM PANCIAYAT.S PROGRANME-Il WEST BENGAL IBRD-8723-IN Schedules to (le Balance Sheet Ami)unt (RS.) Amuin (Rs.) Schedule Pi rticuilarA at ,s Mjarch 2021 ks at 3 i 211r'21JN ýr F 'curiInD IldS Bhar-at Sanchar Ni,am Limiled:- Hi oogh ly I 1)> 99 1 99 ø0 Nenih 24 P'aruanas~ 498 0i 3498> 00 Søuh 24 Parianasm 11o00 1 110 00 Nadia 27 00.00 2, 00 00 Dakshin Dinajpur 350 0G i. I 350 [00 Bulran I w6 1, 8 6.0600 Bankura50001000 Paschim M,edrnipur I 43 0 1430 00i How ;[rah 867 0> 3867 27 250 00lI 27250IAU N BSEDCL MIald a 200 00 200 00 Ho1gh11ly 144 1 1 844 00 NorIh 24 ParLanais 0 ,0 963 Id 30 963 0o South 24 Pargana76 766 Il 1,37,403,110 1,37,4113.A111 CESC LTD DCU l lHo% ral L1.10 61101 Sonodyne Telev isin lCe Ld Ele trI c 4 2i.000 00 sindN ne Tele vsion Ci Ltd Rent) - id01928Mai Total 2,25,7530 2 476.64900 ___________________________]______________________ INSTITUTIONAL STRENGTHENING OF GRAM PANCHlAVATS PROGRAMME-I1 WEST BENGAL IBRD-8723-IN Schedules to the Balance Sheet Amount (Rs.) Anmuni (Rs.) As at 3Ist Niarch Shedule PIarticulars As at 31st M iarch 2021 a 21120 P I Cash in land Alipurduar 4,578 00 4,394 00 F3ankura 3.401.00 3,742 00 Jalpalguri 77 00 77. 00 Malda 3,181 00 4,662.00 Purba Miedinipur 2.858.00 Purba Bardhaman 44 00 2.047 00 Purulia - - South 24 Par-,anas 321 00 321.00 Uttar Dinajpur 76 00 571.00 Nadia 2 16500 4.357.00 Dakshin Dinajpur 2.193.00 1.379.00 Paschin ardhaman 2,300.00 - H okwrah 840.00 3,497.00 CoIch-Behar 86.00 554.00 Rirbiun I 062 00ii 4.240.00 23.182.01H 29.841.00 P 2 Cash at Bank Pashimii Ba dhaman 58 957.00 Howrah 3.1 l 537 00 1 34,619.00 Nurth 24 Pargnas 57,321 CO 2 ,88.845 00 l Iooghly 71.786 00 86,684,00 South 24 Paranas 12.81,504 00 1295,359 00 Uttar Dinajpur 34,801.00 40.654 00 Coaicblich ar 96 579 00 91.431 00 Bankura I L582 00u 47,773 00 Malda 94.927.00 80.460.00 )akshin Dinai pii 80,898 00 3 '18226 00 Purba Baiirh aman 6.08.382.00 1.51.042.00 Birbhum 1,17,371.00 2,50,707.00 Nadta 3,49.358.00 48.418.00 Jhargram 84.935.00 l103.465.00 Purha Medinipur 5.29.361.00 1.39.229.00 Alipurduar 28.432.00 39.279 00 Jalpaguri 3.74.342.02 l 1I44.394.02 \urshidabad 90,282.00 115,067.00 Purulia 54,495.00 47.874.00 Paschin Medinipur 1,70,960.00 1.49.446.00 45,07,810.02 45,72,972.02 INSTITUTIONAL STRENGTHENING OF GRAM PANCHAYATS PROGRAMME-I WEST BENGAL, IBRD-8723-IN Schedules to the Balance Sheet Amounl (R . Amolni (Rsj As at 3Ist AIarch Schedulc Partirulars As at 31st March 2021 2a 2 r 20120 P.3 Cash at Bank-PBG A.countr(PIRD)J'9O) lok% rah - 1,78,468 30 North 24 Paranas 1.50,156 30 Hoogshly - 1 .72.238.l00 South 24 Paranas - 168_310ub Utar Dinajpur - 47.81 1 0 Ioclibehar (w18.507 Blankura 1.69.384 00 Nalda ,2 22. 17030 Dakshin Dinajpur - 56829.00 Purba Bardhaman 2,61.723 30 1hbhum - 2.683 00 Nudia - 1,82.636 00 Purba Medinipur 2. 2 693 30 \1purduar - 42,065 01 lalp.an Luri 1,82911 00 Mursfhidabad 1 0,68.766 O 10.36,762 00 turulia 1 _7 240 3W 54,818 30 Paschim \Medinipur 5.2904 00 12,26,0116.30 38 97.80 Total (P. to P.3) 57.56,99,432 85,02578.82 ii L j INSTITUTIONAI. STRENGTHENING OF GRAM PANCIAVATS PROGRAINME-ii WEST BENGA 1. IBIRD-8723-IN Schedules to Ihe Rvecipts and Paynients Accouit and Income & Expenditire Account Anlount (Rs, Arount (Rsj For the year ended 1 or the year ended r3st March 2021 3st larch 2020 G Performance Basec Gr ants i uant to Grami I'inichay;j%PBIG -.11IC Ampurduar District 79,03.672 00 arikura District 45 53,827 0i0 B.inrum District 16 84288 1)0 Burdwsan PaschIm Dpsti ld - 9 44 167 00 Burdwan Purbo Disict- 26 81_476 11 Choch bchar DiSi 16.62,965 06 Dakshin Dinajpur District 7 82,337 00 1H1hyi District 26,16,574 00 Howiah District 29,23,823 00 Ja IprajLgri District - 7 '99.552 00 Jhargram District 24,06489 00 Malda District 1,47.90,273 tro Muislidabad Distrit 3 04 24,480 00 Nadia Distrit 42.13 206 00 Nor th 24 Parianas Desiner - 125,66 541 00 P;schim lMidnapire D1isricr 42.91.025 Di0 Palurba Miinapec Disti ct 25 36 109 00 PKiulia District -, 16,67,550,00 .Sihunri Mohokuna Panshiid - 1267 293 00 S9outh 24 Parganas District 2,21.85.779 0r :ilar Dinajpur District 1.12.04.089 Total i 2 Grant to Gram Pan chas [ts (PIG - EMC) ..\lpurjuar DisttrTct 119262 0r Bankura Disiinet 2 7877 621 0' Birbhuml District 3 3 9_ i 605 0i Burdwan Paschim Distr ict 1 35,8 6471.00 Burdsvan Purbo Distirt - 6,40,49537.00 Coochbehar Distlit 4.40,49.61 8.OU Dakshin Dma[pur District 1.8449.49t.l.* l Icoihfl Distit 400 Huirsah District - 4.70,41.214 (Yl JIlpaigur District -474.5K.34 , - Jlharran District 1 I46. icmsr Mida District 6,92.0, Mursudabad District - 4 *8199 Nadia Distiet 4,48.86,642 North 24 Paiganas Dislr net 15,19.18,752 0: Paschinn Midnapore Disirnt - 3 27,42,442 00 Purha Midnapore DL)strier 7,40.96,577 00 Pui ru Distnict 4,73.95.420 00 Si2ni Mohokunia Par ishad 2 57.85.713 00 Solth 24 Pai£anas Diniri 1258.61.467 00 1nar Dinajpur Dstr t 5.19.56,539 00 Total - 1,2449,05,039.00 INSVlTTIONAL STRENGiELNING OF Gm PANCHAYATS PROGRAMMNE-Il WFT BEwNG Gk. IBRD-8723-[N Schedules to the Receipts and Paymivnis Account and Inomie & Expenditure Account Anmunt Rs.) Amounli (11tR For the Near ended For the %ear ended Schedule Particular, 31 s( March 2021 31s1 Nlarch 2020 G 3 G rant tc Gram Panichavais t%FC PlIG Phase-d GPý' Kilnkura Dstri[c - 7.49,38 156 00 sirhhum District -K51.76, 15300 BuJdwan laicimi Distiet - 2.8 .521 13 iS' Buidwan Pui bo Disti im I 39,84 407 Cooubchear DIsIlet 9, 65-54-371 (l(0 flksina DIpr Dric 3,27 754 00 Iowrah ) itr ict - 1,10,7343700 .Jargram Ditict -I.43.1s,SS100 Nadia Disnet II 9307.658 00 Pasch %Iim Madapore District 1,823.5 6 A0 Pu la Midnpric [1 3.i9r 16,344 -4 i Total - 1112.47,22,077.04l G 4 Grant to Gram111 PanlchaNA[N (SFC PTIG Ph ase-Ii l' 1 Alpurdua District - 1 66, 00 Hankura Disr ict - 2,34,67 114 00 Bilrbhu Dimtrc - 257.54 70' 0C Burdwan Paschim 1)isrircl - I591 2 00 Burdwan Purbio DisTit - 4.285091 0 ohhar istne - ;.30.7 227 0 Dakslhn Dimajpur Ibstrict - 1,39,15t82 00 l1,ooghik D eist - 11.53.98 345 00 Huwo rah Distlct 3,61.54 268 00 JalpaIlguii District - ,98,39772 00 Jhargram District 1.59.64,822 00 Milda District -j7.8 1 ifl Mur h idaIad Distici - i 82.44,632 00 Nadia Distnet 5.25 224 00 Nurith 24 Parganas District 0 684 00 1Pasrhim Midnapore District -,67.97.97 00 Pmia Nidlnapor D% srt - 54 .5 746 Ü0 Purulia Disti Cle 44715 280 UC Silicuri Mahakuma arishad 9 95.75.3900 Soth 24 Pargnanas District - 1 71 2 6i7 iS Sltar Dinajpur District 4.5702 4180 00 Total 2567369O00 넌 INSTITUTIONAL S*IRFNG'IHLN"ING OF GRANI PANCHAVATS PROGRAMNIF-IF NVEST BENGAL IBRD-8723-IN Schedules to the Receipts and Payments Account and Income & Expenditure Account Amount (Rs.) Amount (Rs.) Schedule Particulars For the Near ended For the year ended 31st March 2021 31st March 2020 Arnount (Rs.) Amoun1:=R) Schedule Particulars For the year ended For the vear ended .1 011KI71, C, 11.2-C -ost 31st March 2021 31st March 2020 i I DCL: Operating Expenditure AdNertiscincrit 21.706.00 10,98b.00 Annual Maintenance Charges 8,61 G 00 7.99800 Ban k- Chat aes - 590,00 Books & Periodicals 1,430 00 Car Fxperises 17,265 OU 18,908.00 Carriaco 26,292 00 3,024 00 Cleanina 1,55,654 DO 1,46,385 00 Communication Charges 23.413.00 Conveyance &'Fravc1ling 70 150 00 2 90.734 00 Cost ofAccommodation 3492000 48,75800 Cost of Food 6.79.89800 Electricity 4,1 0_5 14.00 3.31,13200 Godo,A71 Rent - - lriccntlvc s 1.09,200.00 96,00000 InLernct Usage Charges 2,58,3' 4.00 2 3 ,,306.00 LAN Maintenance Charges - 2,066.00 Mceu rig & Woi k hop t 2, % 894 00 1215T835 00 Miscellaneous Expenses 5,76,562.00 1.31137. 00 Olfice Mainterance 49,30600 1 16.960.00 Office Refrcshrnents 5,49,109 00 642 78900 Office Rent 5,49,322 00 16,764, 00 Postage 5,40600 12,388.00 Printiril- 38,78400 30,234 00 Remuneration to Suppoit Staff 4 1.1 5,2 0 00 26,74,470 00 StatfWelfare 4_04.954.00 l,64 148.00 Stationeries 1 2 82 899 00 22,46 219,00 .Subscriptiort - 50000 Telephone Chat ges 71564,00 4;4. ;26 00 Training 13,19 .00 1,57,04020 Vehicle Charges 16.16,97,) 00 e)8 S4 00 1,27.16 839:4:O: _I.On,7 겯 겯 INSTITI"TIONAL STRENGTHENING OF GRAM PANCHAYATS PROGRANIME-11 NVEST BENGAL IBRD-8723-IN Schedules to the Receipts and Payments Account and Income & Expenditure Account Amount (Rs.) A mount (R.s.) For the year ended For the Near ended Schedule Particulars. 31st March 2( 31st'%Iarch 2020 N SCU Onerating Cost I'Vernal Audit 8,84 882.00 11,80,000.00 Procurorucrit Audit of GP &, SCU 11,05306 00 22,34,625 00 hiterna Audit 10,28,016 00 14 19,600 00 Advertisement 2,58 493.0(J 27,94,783.00 Air Fare - 4,16,909 00 AnflUal Maintenance Charges 8468,20800 32,135 00- Books & Periodicals 2,021 00 35. 170 00 Car ENpenses 13000 2.591 00 Carriapc 95,775 00 1,2162400 Cleanjn2 2,295 00 Communication Charges Consultanev Fees - 30,095 00 Conveyance & Travelling 97,86400 1,25.432,00 Cost ofAccornmodation 23SO.00 99,571.00 Cost of Food 41,480.00 2 24J)86 ()o Godowi Rent 1,73,664 00 1,73,66400 GPNIS Helphne Charges - 9i.601 00 Incentives 4-42500 41,40000 Interest on TDS 1 67.2 73 00 72,38700 Tnkcrixt Usage Charges 19 -4894 00 14,13,165 00 LAN MamtLnizincc, 44.840 00 - Meeting & Workshop 2 1,23 1.00 36 03.467 00 Nfisccilaricous Expenses 7 8,761 00 2,07,305 00 Office Refreshments 26 786.00 41,440.00 Pest Convol Charges 41,6W.00 16355.00 Posta c 17,878,00 2;897904,00 Printing 393 00 1.00 Rcniuneration to Support Staff 10,09,060 00 11,56.754,00 SMS Charges for CiRM - 27259 00 S aff Welfate 109783600 Statiorcrics 1,48.401 00 1,96,182.00 Telephone Charges 1815.022.00 21,21,067 00 Tonncr Cam idge 16,51,721 00 11,52,645 00 Training ),09,760.00 5 24.880.00 Vehicle Charces 49.85,901.00 1 57,16,07';,00 Total 2,64.44,302.00 2,65,68,110.01) 0 SCL' Rent & Maintenance Office Electricir, 3,32,453.00 6 76.645 00 Orifice Mairitcriance 8,86,19600 6 2 524 00 1011-ice Rout 23,04,414 00 46.09.828 00 Total 35,23,063.00 59,1 0,99-.00 INSTITUTIONAL STRENGTHENING OF GRANl PANCHAVATS PROGRAN111E-II WEST BENGAL IBRD-8723-IN Schedules to the Receipts and PaYments Account and Income & Expenditure Account Amount (Rs.) Amount (Us.) For the year ended For the year ended Schedule Particulars 31st March 2021 31st March 2020 P SCV StaffCost Remuneration I ,50,30400 00 1,49,59,942 00 Giatuiry 3,98,307 00 Employcr s Contribution Towards EPF 5,47,200.00 5.47.200.00 Employers Contribution Towards EPF-Admin Charge 4,20,450 00 41 8,500 00 Employers Contribution Towards Insurance 22,88,242 00 1 52 756 00 Total 1,86,84,599.00 L60.78398.00] Amount (Rs.) Amount (Rs.) Schedule Particulars J For the year ended For the vear ended Schedule Particulars 31st iarch 2021 31st MIarch 2020 Q Computer.&c Etiuipments for Proluct Offices Printer 60.320,00 5.20,676 00 Repairing & Maintenance of Computer & Other EquiprensS 1,28.930.00 66,892.00 Tally Softwares 1,17,03200 83,048.00 Computer & Mobile Accessories 5,42,452 00 1,98,534 00 Antixirus Softwares 7,434.00 5,89.764.00 Computer 4,28,297 00 13,33,084.00 Equipments 15,00,092 00 8.67,645 00 Laptops 14.98,652 00 34,94,833 00 Mobiles 2,59,798 00 4,33 .092.00 Office Softwares - 55,266.00 Total 45.43,007.00 76.42,834.00 Amount (Rs.) Amount (Rs.) For the year ended For tle year ended c P1s( Mfarch 2021 31st March 2020 R office Selup Elctrical Equipements 3.66.631 00 24,078 00 Furniture & Fixture 8,92.13600 5,37,969.00 Interior Decoration 897.054 00 13,44,345.00 Miscellaneous Expenses 1,97.384 00 4,07,943 00 Relocation & Setup of PMU Office 17,99,738.00 T Total 41,52,943.00 23,14,33R.0 Amount (Rs.) Amount (Rs.) Schedule ___ __ __ ____ [For the year ended For the year ended Schedule31st March 2021 31st arch 220 S Proiect & (itiaen Communiatiuns IEC Expenditure 2 02,235.00 57.75,489 00 Project Branding 1.38.601.00 1,33,05500 Puja Branding 30.06.295.00 43,72,562 00 Consultancy Fees of Communication 5,26,11,449.00 3.68,80,3500 JEC Material Printing 94,80000 14,62,590.00 Project Branding DCIJ 5,605.00 44,098 00 'otal 5,60,58,985.00 -4,86,68,151.00 INSTITUTIONAL STRENGTLENING OF GRAM PANCHAYATS PROGRAM1E-II WAEST BENGAL IBRD-8723-IN Schedules to the Receipts and Payments Account and Income & Expenditure Account Amount (Rs.) Amount (Rs.) Schedule Particulars For the Near ended For the year ended 31st March 2021 31st March 2020 T Operating Ex penses-Counterpiart Finance Consultancy Fees for Mentoring Support 7.53,48f619.00 5.1836,256.00 Employer's Contribution towards F 6 01,20000 5.58,000.00 Employers Contribution towards EPF MMT 13.26,600,00 11,98,404,00 Employer's ContribUtion towards Insurance DCU - 37745.00 Employer's Contribution towards Insurance MMT - 1.99,044.00 IEC Expenditure 67 49,600 00 57,52,066 00 Operating Expenditure DCU (1,894,0) 22,68.616.00 Operating Expenditure MMT (1-245.00) 1.08,05,722.00 Remuneration to T)CU 1 37 23 842 00 128, 12,565 00 Remuneration to MMT 3, 24,81.709 00 3,20,71,274 00 StafT Cost - 1,0299,990 00 Support to GPMS 8.68 000 00 13,26,000 00 Total 13 10.96-431.00 12,91.65,682.00 N Exp)ore Visit of Project Staff Accommodation - 42,177.00 Food . g34 1 0.0t Miscelanecvs Expenses - 3,10 00 Travflig - 15.434.00 Total 1 73,831.00 ∼ Institutional Strengthening of Gram Panchayats (ISGP) Program 11, West Bengal Schedule- U Signiticant Accounting Policies and Notes to Accounts 1. Overview of the project Institutional Strengthening of Gram Panchayats (ISGP) Program 11 is implemented under West Bengal State Rural Development Agency (WBSRDA) registered under West Bengal Societies Registration Act, 1961. Government of West Bengal, with support from GOI and financial assistance from the World Bank, has designed and launched the second phase of ISGPP (ISGPP-11) in FY 2016-17. The Program Development Objective (PDO) is to strengthen the institutional and financial capacities of Gram Panchayats (GPs) across the State. The ISGPP-11 is financed under World Bank Loan (IBRD) No.-8723-IN. It covers the implementing units at State and Districts. The financial statement for the Program has been prepared for the period from I't April 2020 to 31" March, 2021. The Program has been implemented in eighteen districts during the aforesaid period. The Program has received Rs 59.46 Crore from World Bank during the period for implementation of the program. 2. Basis of Preparation of Financial Statements The Financial Statements have been maintained on double entry system adopting cash basis of accounting. Financial Statements are prepared in accordance with the Generally Accepted Accounting Principles including Accounting Standards followed in India to the extent applicable. Financial Statements have been prepared in conformity with the Generally Accepted Accounting Principles as required in terms of the financial reporting provision of section 5.09 of the General Condition of the World Bank read with the Loan Agreement IBDR-8723-IN and Project Agreement both dated 22"' March,2017. The management requires to make estimates and assumptions that affect the reported amounts of assets and liabilities on the date of financial statements and reported amount of revenues and expenses for the year. Estimates are based on assumptions that management believes are reasonable under the circumstances. 3. Fixed Assets and Depreciation Fixed Assets acquired have been valued at cost including all direct costs i.e., purchase price, transportation expenses, installation charges and other expenditure incurred for bringing the fixed assets in working condition, including expenditure incurred prior to its first use. Memorandum records are maintained to exercise physical control over the assets. No depreciation has been charged on the fixed assets in the financial statements. Institutional Strengthening of Gram Panchayats (ISGP) Program II, West Bengal 4. Revenue Recognition Fund received from State Government has been recognized as income to the extent of the revenue expenditure made during the year and the unutilized balance is shown as a part of the Restricted Fund. For expenditure incurred on Fixed Assets, a corresponding amount has been transferred to the Capital Fund. Interest earned on bank deposits during the project period is treated as project fund and accounted on receipt. 5. Valuation of Stock Materials and office supplies acquired for the program are charged as expenditure at the time of payment. Memorandum Stock Register is maintained to control over the store items. 6. The operating expenses for erstwhile 1000 phase - I Gram Panchayats for the Financial Year 2020-21 amounting to Rs 13.11 Crore has been incurred by utilizing the counterpart financing fund received from State Government. Please refer Schedule T.