JNSWAI, BRAJESH & CO. CHARTERED ACCOUNTANTS To, 'The Project Director cum Executive officdr Bihar Rural Livetihoods Promotion Society, Annex-ll, Vidyut Bhawan Baily Road,Patna-80002 I Report on the Audit of the Project Financial Statements of Bihar Transformative Development Project (IDA - 5867 II\) Opinion We have audited the accompanying special purpose financial statements of Bihar Transformative Development Project financed by the International Development Association (IDA) under Credit 5867-lN and implernented by Bihar Rural Livelihoods promotion Society. These financial statements comprise of the Receipt and Payment Account, the Income and Expenditure Account, the Balance Sheet as on 3 l't Marcir 2019 and, notes to these financial statements, including a summaq/ of significant accounting policies. In our opinion, the aforesaid special purpose Project Financial Siatements give a true and fair view of the Balance Sheet o/ the Project as at March 31, 2019, the In-come and Expenditure Account, the Receipts and Payments Account of the Project for the year ended on March 31,2019 and the expenditure of.the Project for the year ended on March 3.l,21lg, in accordance with the financial reporting provisions of Section 4.09 of the beneral Conditions of the World Bank read with the Financing Agreement and project Agreement both dated 8th July 2016. Basis for Opinion We conducted our audit in accordance with the Standards on Auditing issued by Institute of Chartered Accountants of India (ICAI). Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report. We are inclependent of the implementing agency in accordance with the ICAI's Code of Ethics for undertaking this assignment, and we have fulfilled our ethical responsibilities in accordance with ICA's 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-2 of Schedule-I7 to the PF-S describing the basis of accounting' The PFS is prepared to assist the Bihar Rural Livelihoods Promotion Society to meet the financial reporting requirements of the Project's Financing Agreements for Investment Project Financing dated 8th July 2016 in respect of preparat-io, -of the project Financial Statements in a manner to reflect the operationr,-r"rorr..s and expenditures related to the Project. As a result, these special purpose financial statements rnay not be suitable for another purpose. our opinion is not modified in respect of this matter. H.O. : Flat No. 402, 4th Floor, Nagina Complex, BehindAN College, Shivpuri PATNA (BIHAR) - 800023 Phone. :0612-2280112 Mob :7 004228096, 9450708233, 8948 1 1 9933 Email : jbcpatna 1 996@9ma il com B.O" o D-59/92,AJ,15 Siddharth Complex, Sigra-Mahmoorganj Road, VAMNASI-10 (U.P) M. 9415225768,0542-2364006 E-mail :jbcvns'1996@gmail.com o 5391342, Salig Ganj Road, Mutthiganj Road, ALLAHABAD (U. P )- 211003 Mobile : 09839173777 . Flat No.2U2, SFS Pocket ll, DDA, Dwarka Sector-9, NEW DELHI- 110075 Mobile:09868390459 o Plot no.48, Bangali para, Behind Sai Mandir, Dubey Colony, Mowa, RAIPUR (C.G)-492001 Ph.No.0771-4030329, 09407682833 JNSVAT BRAJESH & C0. CHARTERED ACCOUNTANTS Responsibilities of Management and those charged with Governance for the Project Financial Statements The Management of the implementing agency is responsible for the preparation and fair presentation of the Project Financial Statements in accordance with tire financial reporting framework described in Notes at Schedule l7 to these flnancial statements, and for such internal gontrol as management determines is necessary to enable the preparation of Project Financial Statements 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 agency's 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 fiom 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 the Standards of Auditing 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 Standard of Auditing, 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 perfbrm audit pro".dur", 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 fiaiid 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. 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 Statements, including the disclosures and whether these financial statements present the Project's operations and underlying transactions and events in a manner that aChieves fair presentation in accordance with the financial reporting provisions described in Notes under Schedule 17 to the Project Financial Staternents. communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant uudit findings, including any significant deficiencies in internal control that we identify during or. uudit. 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 independence, and where applicable, related safeguards. , FtatNo.,402,4thFloor,NaginaComplex,BehindANCollege,Shivpuri PATNA(BIHAR) -800023 Phone.'.0612-22 Mob : 7 004228096, 9450708233, 8948 1 1 9933 Ema il : jbcpatna 1 996@9ma I com i B.O.oD-59/92,AJ,15SiddharthComplex,Sigra-MahmoorganjRoad,VARANASI-10(UP)M 9415225768,0542'2364006E-mail:jbcvns1996@gmail.com o S3gt342,SaligGanjRoad,MutthiganjRoad,ALLAHABAD(U.P)-211003Mobile:09839173777 o Ftat No. 202, SFS Pocket ll, DDA, Dwarka Sector-9, NEW DELHI - 110075 Mobile :09868390459 o plot no.48, Bangati para, Behind Sai Mandir, Dubey Colony, Mowa, RAIPUR (C.G)-492001 Ph.No0771-4030329,09407682833 JNSWAT BRAJESH & C0. CHARTERED ACCOUNTANTS Other Matter The implementing agency Bihar Rural Livelihoods Promotion Society has prepared a separate set of entity financial statements for the year ended Maich 31, 2019 on which we have issued a separate auditor's report to the Goveming Body dated 2310912019 and expressed an unmodified audit opinion. .. .\.! Report on Other Legal and Regulatory Requirements Further to our opinion on the Project Financial Statements we further report that: a) we have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purposes of our audit; b) in our opinion, proper books of accounts have been kept by the implementing agency for Project purposes so far as appears from our examination of those books; c) the Project Financial Statements dealt with by this report is in agreement with the books ofaccounts; d) the Project funds were utilized for the purposes for which they were provided; e) expenditures, including assets created under the Project, shown in the PFS are eligible for financing under the Project Financing Agreements; 0 Interim Financial Reports (IFR) submitted by the Project management can be relied upon to support applications for withdrawal of the Loan, and adequate supporting documentation has been maintained to support these claims; g) procurement has been carried out in line with the agreed procedures as detailed in the Operations Manual/Procurement Manual/Project lmplementation Plan/Legal Agreements; and h) the Project has an adequate internal financial control system (including IT controls) and such controls were operating effectively as at March 31, 2Ol9 and the Project complies with the provisions on financial management contained in the Operations Manual/ Project Implementation Plan/ Financial Management Manual, in all material aspects. For Jaiswal Brajesh & Co. Accountants) FRN-o0791sC Ruby Bansal, Partner) M.No.400751 Place of Signature Patna Date 2310912019 UDIN 1940075rAAAAAK7756 H.O. : Ftar No. 402, 4th Floor, Nagina Complex, BehindAN College, Shilpuri PATNA (BIHAR) - 800023 Phone. :0612-2280112 Mob : 7 004228096, 9450708233, 8948 1 1 9933 Email : jbcpatna'1 996@9mail.com B.O. r D-59/92, AJ,15 Siddharth Comptex, Sigra-Mahmoorganj Road, VARANASI-10 (U.P) M.:9415225768,0542-2364006 E-mail :jbcvns1996@gmail.com o 539t342, Salig Ganj Road, Mutthiganj Road, ALLAHABAD (U. P.) - 211003 Mobile : 09839173777 o Flat No.2rJ2, SFS Pocket ll, DDA, Dwarka Sector-9, NEW DELHI- 110075 Mobile:09868390459 o plot no. 48, Bangati para, Behind Sai Mandir, Dubey Colony, Mowa, RAIPUR (C.c)-492001 Ph.No.0771-4030329, 09407682833 o O)O cDq O q OOOOOOOOt-O ccc, s EE F o 6r- oO H q F8 E 8E E sBq o E- c .9t o o q ? ; aaE 06 -eqf E 8.5 B .,e E I El E \,8 Oo' o E g E E iiH = ^FH=+ P HEiE= s.. 6o- E(l, os 5 ; U.OP= 668-:= fi EE€ E '='=X E g=a:: = E€ e= E ,P ,TEH (L o FI @ - F-^ C!^ oc! $- (O- @- O)- @- O- O)- (O- (f)c{t*(o(.)30r@@c{ (O- O- lr)- <-- .$- o(o(o ro + ry c')- @- @- !-- ry c.I^ cq^ o- ry <_ co- co^ o1 G,(J o gE U'6 <= C.)- cq- ry $(O (Oc!F- cr)^ F- !- co Otf)--(OcO - co- c!- o)- C')$e F-- S r-- \ l-- |{)C{C{ \ o I CD. 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E +oN d, (O-f t-(lr\-sl-C\F-(c)(O-O o o € r() (l, o (c, o (o lr) (a o) c..l $ t- o (q- ta o E= EoN cl) c7) l.- O) +@lr)(trr)@Oo-o lJ- : Lr- Bihar Rural Livelihoods Promotion Society Receipts & Payments Accounts of Bihar Transformative Development Project and other Projects/Departments/Funds for the year ended 3'l st March 2019 For the year Sch For the year ended For the year ended Sch For the year ended Receipts Payments ended No 31.03.201 I 31.03.201 8 No 31.03.2019 31 -03-201 I Opening Balance Cash in Hand 92,836 00 2,34,768,75 Community lnstitutional Development 10 1,62,1 3,66,566.28 1,28,07,95,946.69 Cash at Bank 1 ,63,38,23,580,0 1 83,15,14,412.88 Community lnvestment Fund 11 1,96,60,40,235.86 1,84,52,33,398,00 Fund in Transit Access to Health, Nutrition and Sanitation 12 40,92,14/07.00 34,26,72,922.45 lnnovation, Partnership and Technical 1a Loans & Advances 1 ,29,78,57 ,561.57 1,17,34,98,61 7.63 2,04,68,227,90 93,91,815.00 Assistance TDS Receivable 1,67,536,00 68,698.00 Project Management Cost 14 35,30,22,617.1 8 27,18,'14,s60.81 2,93,19,41,51 3.58 2,00,53,1 6,497.26 Fixed Assets 9 6,52,91,529.00 4,22,25,019.99 Advance transferred from BRLP 12,71,86,439.35 UNICEF-Swabhiman Project 56,27,326.00 71,'10,513.00 Funds Received from 2 Deptt. Of Animal Husbandry(Poultry) 3,74,60,501.87 18,1 9,34,322.6s Government of Bihar 4,30,00,00,000.00 4,54,37,00,000.00 Deptt. 0fAnimal Husbandry (Goatry) 1 '1,64,0'1,4'15.36 51,11,979.24 Oher WDC (6,40,000.00) 20,69,269.00 ProlectslDepartments/Funds UNICEF-Swabhiman Project 57,3 1 ,1 70.00 98,66,41 1.00 SRFSI 1,18,690.00 3,58,465,00 NABARD 8,82,'t0,000.00 Neera 62,17,599.02 2,29,24,111.56 Deptt. Of lndustries (Neera) 7,10,44,500.00 NABARD 6,992.00 1 0,32,03,008.00 Deptt. Of Animal Husbandry 5,01,94,200.00 UNICEF 12,82,621.00 (Poultry) Deptt. Of Animal Husbandry 4,80,36,000.00 BSBCL 2,37,169.00 (Goatry) BSBC Ltd 3,22,000.00 0pening Liabilities 1 7,83,26,995.00 15,80,55,317.58 Bank lnterest under 4 Fund Returned Under BTDP 14,30,73,611.20 8,14,03,563.38 UNICEF-Swabhiman 1 1,87,324.00 Animal Husbandry 4,s2,93 t.00 Animal Husbandry- Goatry 52,s4,422.00 Unspent Balance under BRLP transferred to 12,71,86,439.35 NRLM Miscellaneous lncome 1 0,93,755.00 7,82,625.56 Closing Balance Closing Liabilities: Cash in Hand 6 2,04,195.00 92,836.00 Others 1,77 ,48,569.41 5,'1,l,40,555.65 Cash at Bank Under 7 BRLP 12,71,86,439.35 BTDP 1,03,26,14,258.23 1,42,33,50,709.80 UNICEF-Swabhiman Project 26,34,383.00 37,17,863.00 UNICEF 12,82,621.00 NABARD 6,992.00 WDC 1,97,79,94;00 1,91,39,946,00 SRFSI 't,18,690.00 Deptt. Of Animal Husbandry(Poultry) 1,16,97,738.90 Deptt. Of Animal Husbandry (Goatry) 12,76,25,817.00 Deptt. Of lndustries (Neera) 3,S9,21,916.34 4,65,61,202.31 BSBC Ltd 84,831.00 3,22,000.00 Loans & Advances Advance other than inter project 32,51,47,134.96 27,63,49,796.03 lnter Project Advance Advance to NRLM 94,26,22,966.s8 85,43,15,198.'19 Advance to MKSP 3,33,1 2,423.00 3,74,58,320.00 SI/B.G 2,U,25,587.22 25,47,808.00 SJY 6,02,96,708.04 NNP 660.00 Advance Under BRLP '12,71,86,439.35 TDS Receivable 64,72,232.00 1,67,536.00 Total [Rs] 7,39,95,88,619.19 7,20,48,42,162.55 Total [Rs] 7,39,95,88,61 9.1 9 7,20,48,42,162.55 Significant Accounting Policies & Notes on Accounts (Schedule -1 7) ln terms of our report of even date For Jaiswal Brajesh & Co. For and on behalf of Bihar Rural Livelihoods Promotion Society (Chartered Accountants) FRN-00791 5C .t^-^(- (C.A. Ruby Bansal, Chief Finanl 'e Officer M.N0.400751 Place: Patna Patna .q',, d o a q o o q o o q F @ N o F @ o! o e N n t ri a 6l q? oq a? R o o? ; ts o ts @- o \ @ @ \ -t F o ts @- o N @_ N t a- ol @ N @- o od nl o- F o o o? d 6t d @ o o Fj N F @ o E E -t F e o m = + @- F c.i oi rt N. r @- ts 6- o- 6l N \ fi @- @- @ $- h- o N o F o qd o ot otio4 t- @ o = o- @- -t- o_ o- @ @ -i- 6i + F -i N -t- N N = + N N 6 N N n @ d o o a o o @ O o a o ot 6 @ 6 @_ o 6- o o- o_ $ h o- E o_ o co o @ o_ N o- c.r o_ @- o_ q o o @ @ N. o o o z N ts @ o- N d + + + t10r, o e q O q o o 6 L o @ (D @ o @- ,:l d. @ cd @ 6 U' o o o q o e q o o o CD o F o o I q q J o o- o o- @ o o cq €- €E @_ @_ dl N N st 6l N o- t € @ t @ + o ar> o_ (D N =E *E sf O q o q o q o q o q o q o q -OO @ @ o @ @ @ @ >r-o E €^- o o o -l O o- t oI o t o- -i o- ()Yi; '6aL o o o_ ot o- $- \ (D ts ot \ \ (D ts \ o ts o = o- o- @ o_ N o- o- Ol- atL(u 6 Ya E*e o: o N o- o N { o N N s- ri o @ e N o @ ry o 6l @ o O @ Er*S "ct 9ts N N o- o^ .d o_ e a N. 6 F N o od @ 9.8.f; IO d d N N o = € o + \ @ cd L 9E (DCLy E9 .E N $ t o_ N E o o o N c.i N o^ c (J9'E o o 8E3 e E E o o o @ o o! o r cq o q o o -g 6 .ct o d N o d F a + q o 6^ @ t, *- ll) = =.= E-9-E (l)JJ o> oE @- o €- cl o- o o- o : E o +_ o j rt > == ro CY @ rt lr 6- D. o- @- il B= Eo._ E .E o @ c.t o @- N. o E o I 'tr o 6 o o I h E?,= 6 o d 8..=E o o o 6i o q o o ci o cr. _LL d. o o o EEE o d o)- o- = x 6Er Eo co z. @ @ G g TD L(\t F o o e o o q o o o o q L(l) (6= o 'a ; o @ d r q o o q N @ N q o € q @ q o € o € rE Io- @_ o^ o- o- o- o- o^ o i5e tuc o9 N o- o N N N. !t o_ o- =l o_ + (, Z-E N r = + @- @ @ @ @ d o a o o N N N N cn =E ll 6 U' = o q o q o q N N N L UJ @- q @- N N s2 @- @ @ z. 6i Gi = o a o o o N q O N c a a? o N c.! o e n d @ cq @ \ @ o N O O- o N ct \ o) e € @ c-t o) @ o $- @ @- o @ nl € o o- (D_ € (L o n o q a- o F @- @ o- o_ O o N o o- j \ Gd s 6 * -! co ry N. N @- o q @ -t_ N- dt N o^ O. .q rt s- 6 o o o- a o- 6 o^ € o N @ N 6i p o o @ p I p .!! Ec_ .E E E E s Ec 93r o o F rio E= o E o E gEF 3- g6 E c) '6 o o P, E = h)E = E c E 9o c o (I) c, '-o r-o E'd o = E = L E o G OE E; C t =o o.B u = .E EF oa a>o .G J o EL ; E3 oc c co E= i/i O ; c :bg 6 ; o Ei5o == rE G m o> 4e o EE= a iai?; .,!'o-l (lt) Bihar Transformative Development Project and other Projects/Funds as at 3lst March 2019 Schedule 8 of Loans & Advances forming part of Balance Sheet as at 3'lst March 2019 (Amount in Rs.) Advance under Resource Cell 3. Others Total As on 31st Total As on 31st Diskicts Less than Six More than Six March 2019 March 2018 Less than Six months More than Six Months months Months Siwan 60,51,355.00 2,90,364.00 86,02,208.00 1,21,07 ,153.00 Begusarai 84,36,048 00 1,72,864.00 96,88,536.00 63,33,245.00 Bhojpur 1 ,05,67,312,35 42,39,112.00 1,81,02,374 68 1,32,63,865.85 Buxar 2,29,38,438.56 18,41,077 .26 2,82,00,519.27 1,95,21,1 05.10 Sheohar 64,21,102.00 6,83,200.00 82,62,585,31 26,75,34s,80 Sheikhpura 31,52,665.00 2,18,000.00 38,1 0,278.00 63,27,509 00 Araria 1,30,85,79'1.65 3,61,984.00 1,95,44,034.41 64 02 866 98 Arwal 33,46,1 s0.00 3,500,00 38,09,440.00 1 5,89,404.00 Saran 1,06,84,579.50 58,92,s35.90 2,02,50,505.00 1,34,43,302.28 Jehanabad 8,94,102.30 5,48,470.00 '16,85,589.95 18,05,478 95 Lakhisarai 2,600.00 10,25,85s.00 1 6,1 6,194.00 11,29,421.95 Kaimur 59,89,326,0'l 7,200.00 66,61,790.01 74,68,845.07 Vaishali 1,07,59,041,00 5147646 7 5 1 ,72,11,501 .15 97,59,941.65 Aurangabad 16,21,163 00 1,00,230.00 19,62,854.00 23,1 6,1 56.00 Bettiah 62,18,052 B0 '12,56,149.00 80,84,085 80 65,44,290.00 Bhagalpur 1,34,94,765,00 15,72,77100 1,70,10,3'19.33 64,51,558.75 DBrbhanga 5,54,500.00 86,715.00 1 3,45,9'16,00 34,64,351 .15 Gopalganj 97,39,040.00 s30.00 1,16,77,14200 44,41,832.55 Jamui 23,72,210.00 24,29,907.00 1 ,16,67,990.77 Katihar 55,91,'177.00 66,79 493.00 47,24,753.00 Kishanganj 31,96,274.95 38,33,377.95 2,80,404.00 Madhepura 31,03,448.00 31,39,917.00 38,s4,61 2.00 Motihari 40,57,399.00 3,56,000.00 52,17,927.00 94,60,710.00 Munger 19,35,715.00 20,66,616.96 11,65,875.96 Nawada 13,17,583.00 2,76,731.00 B2,05,625 00 1,08,56,412 00 Patna 1,03,90,608.00 19,78,643 00 2,47,33,439.96 92,76,1 35.32 Rohtas 25,1 8,268.00 82,888.76 69,01,776,30 2,06,76,596.24 Saharsa 51,16 500.00 2,63,825.00 Samastipur 2,27,08,927.15 7,38,226.00 2,51,86,024.24 3,07,93,288.94 Sitamarhi 57,24,575 16,04,872 80,1 9,730.00 91 13,262.00 Supaul 8,92,930.00 30,000,00 1 0,32,874.00 8,93,306 00 Banka 18,21,724.64 19,46,728.64 13,30,653.72 SPIVU 1,93,47,881.00 1,18,1 3,932.00 3,31,1 1 ,325.00 3,69,46,298 00 Total 21,89,34,752.91 4,03,29,496.67 32,s1,47,134.96 27,63,49,796.03 112) Bihar Rural Livelihoods Promotion Society Bihar Transformative Development Project and other Projects/Funds as at 31st March 2019 Schedule 9 of Fixed Assets forming part of Balance Sheet as at 31st March 2019 (Amount in Rs.) Balance as on Addition During the Deletion During Balance as on Particulars 01.04.201 8 year the year 31.03-2019 Air conditioner 96,032.00 40,799.00 1,36,831.00 3omputer 2,06,33,651.00 2,86,504.00 2,09,20,155.00 -aptops/Tablet 4,48,883.00 4,48,883.00 :ax 16,000.00 16,000.00 =urniture 35,21,509.99 97,75,236.00 1,32,96,745.99 Vobile/Tablet 40,099.00 40,099.00 ntercom 1,53,552.00 1,53,552.00 /ehicle rhotocopier 40,000,00 40,000.00 rrinter 83,766.00 3,13,046.00 3,96,812.00 Software 10,804.00 500.00 11,304.00 Sther Office Equipments 3,54,877.00 25,73,549,00 29,28,426.00 V1isc. Electronic lnstallations 29,382.00 5,805.00 35,187.00 -CD Projector 1,76,550.00 47,990.00 2,24,540.00 -CD TV 49,000.00 70,000.00 1,19,000.00 )igital Camera 3,41,719.00 2,000.00 3,43,719.00 JPS/lnverter 18,73,373.00 70,27,898.00 89,01,271.00 Scanner 37,191.00 37,191.00 3enerator (MP) 3omputer Accessories 10,195.00 14,724.00 24,919.00 JPgraurilg ur uurilPurer Dysr.erru urflce :^,,i^m^^+ 11,348,00 14,607.00 25,955.00 3ycle(MP) 3,670.00 3,670.00 -aptop Adaptor :an 1,58,045.00 1,43,034.00 3,01,079.00 Sign Board 7,421.00 41,394.00 48,815.00 )ffice Refurnishing 1 ,52,17,463.00 4,43,88,568.00 5,96,06,031.00 Sas Cylinder 1,500.00 1,500.00 Stabilizer 20,350.00 '1,39,000.00 1,59,350.00 lata Card 36,670.00 32,412.00 69,082.00 ren Drive 14,343.00 1,604.00 15,947.00 uVhite Board 13,003.00 21,526.00 34,529.00 ioom Heater 31,478.00 31,478.00 Ielephone set (Walky) {eater (Kitchen) 12,750.00 12,750.00 rflater Filter 12,050.00 12,050.00 3oolers 12,350.00 22,796.00 35,146.00 3io Makix lransformer ,2.-fi[oai.r Speaker set 6,710.00 1,06,235.00 ,6tqt> 1.911ft\Q\ 1,12,e4s00 i/ehicle (safari strome) l-Y / }(A( PU}/ )? SHG Training Manual -a7a1 66,780.00 tt PqtM /;l 66,780 oo /*ffiotat[Rs 4,33,20,212.99 6,52,91,529.00 Y"L* 1s' QYr*/t0,86,11,741.99 !-(m)i (10 f\\>/ d Bihar Rural Livelihoods Promotion Society Schedule : 10 of Communig lnstitutional Development forming part of lncome & Expenditure Account for the year ended 31st March 2019 (Amount in Rs.) A.lnstitutional C. Block Project Total for the year Total fortheyear Particulars B. Capacity Building Building lmplement Unit (BPIU) ended 31st March 2019 ended 31st March 2018 Cost Siwan 3,27,62,784.00 11,54,362.00 4,31,39,952.52 7,70,57,098.52 6,27,30,671.39 Begusarai 4,48,83,889.00 13,00,346,00 4,14,57,130,00 8,76,41,365.00 7,81,13,452.70 Bhojpur 2,82,80,314.00 4,17,129.00 3,62,16,427.28 6,49,13,870.28 4,31,89,293.46 Buxar 1,85,65,863 56 44,14,342.00 2,60,58,712.59 4,90,38,918.15 3,69,65,670.01 Sheohar 1,30,96,285.00 73,232.00 86,81,898.20 2,18,51,415.20 2,03,31,651.78 Sheikhpura 1,40,75,758.00 1,45,700.00 1,21,48,122.59 2,63,69,580.59 2,15,54,376.47 Araria 3,25,71,570.00 4,57,373.00 2,64,83,434.47 5,95,12,377.47 4,38,40,908.00 Arwal 1,79,98,094.40 2,75,098.00 1 ,1 8,85,369.18 3,01,58,561.58 2,25,88,070.61 Saran 3,02,85,534.00 1,88,590.00 4,36,76,195.54 7,41 ,50,319.54 6,71,52,969.85 Jehanabad 1 ,85,90,413.00 3,10,279.00 2,04,65,341.34 3,93,66,033.34 3,44,87,307.45 Lakhisarai 1,63,15,017.70 27,08,856.00 1,61,11,592.85 3,51,35,466.55 3,40,82,322.88 Kaimur 2,03,50,478.00 13,54,626.00 2,70,27,587,00 4,87,32,691.00 3,98,49,897,98 Vaishali 4,75,11,329.50 6,29,8'10.00 4,17,68,853.41 8,99,09,992.91 6,69,01,680.45 Aurangabad 73,62,088.00 54,34,326.24 1,27,96,414.24 66,18,248.40 Bettiah 3,56,13,388.00 8,23,585.00 2,40,94,888.06 6,05,31,861.06 4,69,35,510.63 Bhagalpur 2,55,80,822.00 35,172.00 2,79,30,119.35 5,35,46,113.35 4,58,88,736.33 Darbhanga 3,70,34,278.15 6,09,544.00 3,96,25,714.33 7,72,69,536.48 5,66,79,000.12 Gopalganj 2,29,23,962.00 4,586.00 2,41,75,182.80 4,71,03,730.80 3,60,31,141.65 Jamui 56,20,914.00 6,150.00 45,40,214,00 1,01,67,278,00 70,17,415.00 Katihar 2,92,00,650.00 8,86,010.00 3,03,76,975.60 6,04,63,635.60 4,88,09,940.57 Kishanganj 91,22,403.00 93,945.00 84,63,813.40 1,76,80,161.40 1,33,20,348.80 Madhepura 68,52,787.00 50,01,293,19 1,18,54,080.19 74,25,775.10 Motihari 4,79,55,823.00 7,81 ,101 .00 4,20,96,260.45 9,08,33,184.45 7,47,99,007.12 Munger 53,19,557.00 7,680.00 47,25,869.79 1,00,53,106.79 72,00,658.81 Nawada 2,49,39,248.90 5,18,727.00 2,71,45,490.46 5,26,03,466.36 5,00,93,503.55 Patna 5,08,76,410.43 4,32,794.84 4,14,78,041.81 9,27,87,247.08 6,75,72,009.50 Rohtas 3,04,82,491.00 3,82,794.00 3,14,12,789.02 6,22,78,074.02 4,48,94,822.10 Saharsa 61,55,967.00 26,499.00 56,40,507.45 1,18,22,973.45 1,12,75,112.65 Samastipur 6,70,38,2'18.90 4,85,065.00 4,35,60,209.75 11,10,83,493.65 8,64,78,381.18 Sitamarhi 3,71 ,20,1 13.00 8,63,188.00 3,31,01,472.00 7,10,84,773.00 4,44,21,356.00 Supaul 58,17,024.00 2,20,793.00 46,72,112.95 1,07,09,929.95 99,1 3,1 53.35 Banka 44,45,680.00 43,45,381.28 87,91,061.28 53,13,265.80 SPMU 5,49,37,733.00 51 ,10, 1 65.00 6,00,47,898.00 5,20,37,385.00 Total 84,96,86,899.54 2,47,',17,541.84 76,29,41,278.90 1,63,73,45,709.28 1,29,45,13,044.69 [ess:- Expenses transferred for Capitalization 1,59,79,143,00 1 ,37,17,098.00 a#iS- Total 1,62,13,66,566.29 1,28,07,95,946.69 ffib ><"9 (14) -d. /s 9) ffi:h Ia) /e, O O q oo Oo O O o O O O o O O O O O O o O o O O O O O o O o O O o o q q q q q q o q q q q q q q o q O q q q q q q q O O q q o N o, @ + o N o @ o O O ai o O 6 o N o @ N € o O d d O N ei G o c! o O o $ 6 6 6 N 6 O o o o O @ @ @ 6 o N O (o- c! @ O @ o o o, $- o_ 6- @- N. @- o- +- N. s- O N o- $_ o- N. @- o- o- $- N N 6_ -f- o- F-- = o @ c! o +- O. @ N @ l- O O o 6- F* o O. o- o, 6^ @- N o o O. o- N N o (o o- O. O.C\ @- N N. F-: O @ O o +- O rt N. co- @- q.t o Io $ O = {-. = tss '6r!= o- O o O. O O o- o o N cY € o O V' L; C 4 o) o_ .(1)d N -L c\ 98 BE N o si o ?) E 6i L-= E€ H E N o le O.= O q o o .3 o O o O o O o @ q o o O 3eP q O q o, O + O o .9 oo o o 6 o 6 N rt o @ @- o N o $- o o O N 6 N. o- N o o- o + s o N @- o o6 @ N o- o €_ d/ #t 6 o (\t o CI t6 = CO E o o eli "=l e (l o, o c\r -c (, L G, = o (Y' E' (l, E' c (1, L (! o o 6e C)E cng -i= C' .9; OE F?t :r o, d9 auJ E€ Oo OE _co EE JE (ECL =cn E'= (!B iE8 o E o E o o, (t, c c, = oo 'd (L + g J E' o -c o <,, Bihar Rural Livelihoods Promotion Society Bihar Transformative Development Project and other Projects/Funds Schedule tS of laditions to Fixed Assets forming part of Balance Sheet as at 31st March 2019 Amount in Rupees Upgrading of Computer System/O. Equipment Water Filter Bihar Rural Livelihoods Promotion Society Bihar Transformative Development Project and other Projects/Funds Schedule 15 of Additions to Fixed Assets forming part of Balance Sheet as at 31st March 2019 Amount in Other Office Equipment Telephone set (Walky) Vehicle (safari strome) Bihar Rural Livelihoods Promotion Society Bihar Transformative Development Project and other Projects/Funds Schedule 15 of Additions to Fixed Assets forming part of Balance Sheet as at 31st March 2019 Amount in Telephone set (Walky) Vehicle (safari strome) Bihar Rural Livelihoods Promotion Society Bihar Transformative Development Prolect and other Projects/Funds Schedule 15 of Additions to Fixed Assets forming part of Balance Sheet as at 31st March 2019 Amount in Misc. Electronic lnstallations LCD/LED TV Upgrading of Computer System/O. Equipment Telephone set (Walky) Vehicle (safari strome) h 6v ./u K' a> *[9 Bihar Rural Livelihoods Promotion Society Bihar Transformative Development Project and other Projects/Funds Schedule 15 of Additions to Fixed Assets forming part of Balance Sheet as at 31st March 2019 Amount in 40,1 10.00 9,58,419.00 4,43,81,668.00 32,412.00 elephone set (Walky) 12,750.00 ax /;; I .$'_ {e*Y o BIHAR RURAL LIVELIHOODS PROMOTION SOCIETY Bihar Transformative Development Project , Schedule 1 6 Reconciliation of claim to total applications of funds for the year ended 31st March 2019 KS. l(s. Particulars in million in million lxpenditure as per Flnancial Statement 201 8-1 9 4435.404 4435.404 -ess: Statement of Expenditure sent to world Bank April& May- 2018 330.530 June-201 I 254.702 2nd Qtr.2018-1€ 726.281 3rd Qtr.2018-19 1314.423 4th Qtr 2018-19 1809.468 Total 4435.404 Difference For Jaiswal Brajesh I Co. (Chartered Accountants) For and on behalf of Bihar Rural Livelihoods Promotion Society FRN-00791 5C Y*!n bo^**l (C.A. Ruby Bansal) -ltq Patner Chief Finance Officer Project Director .cum- Chief Executive Officer Place : Patna Date : 23 I BIHAR TRANSFORMATIVE DEVELOPMENT PROJECT Schedule-17 Significant Accounting Policies and Notes to Accounts 1. Ov,erview of the Proiect/lVlission The Bihar Rural Livelihoods Promotion Society is a non-profit organization registered under the Societies Registration Act, 1860 and is promoted Uy ttre Govemment of Bihar. As per decision taken by Govt. of Bihar, the Society has been nominated as nodal agency to implement the State Rural Livelihood Mission in Bihar. The project has been implementedin32 districts and 300 blocks during the financial year 2018-19' The Society has received Rs. 430.00 Crore from Government of Bihar (GoB) during the year for implementation of the project. 2. Palp of Pryparation 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. Preparation of the financial statements are in conformity with the Generally Accepted ' Accounting principles requires the management to rnake estimates and assumptions 'that affect the reported amounts of assets and liabilities on the date of finincial statements and reported amount of ievenues 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. 4. Common Expenses The Society has been implementing various projects. Expenditure, directly related to a particular project is allocated to the concerned project. However, certain common expenditures have been incurred by the SPMU for the projects. In the financial year 2018-19, Society has apportioned common expenditure- in the nature of Community Institution Development and Project Management in the ratio of 300:234 between BTDP & NRLM 5. Revenue Recognition Funds received from Government of Bihar have been recognized as income to the extent of the revenue expenditure made during the year after considering the Bank a Interest earned and Miscellaneous Income and the unutilized balance is shown as a part of the Restricted Fund. For expenditure incured on Fixed Assets, a corresponding amount has been transferred to the Capital Reserve Fund. Interest earned on bank deposits during the project period is treated as project fund and accounted on receipt basis, Gross interest earned has been disclosed as "Bank Interest" and TDS deducted thereon has been bhown as "TDS Receivable,,. 6. Valuation of Stocks 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 item. 7. Exnenditu Tech Asencies and Organization MoUt/Ag.e"."rts have been entered with the Technical Services Agencies and Support Organizations. Payments against such contracts which are output based are charged to expenditure since these are linked to completion of predetermined milestones. 8. Accountins of Fund Disbursed to CBOs Revolving Fund (RF) released to Self Help Groups (SHGs); Community Investment Fund (cIF), Food Security Fund (FSF), Health Risk Fund (HRF) and SHAN Fund released to Village Organizations (VOs); Initial Capitalization Fund (ICF) to Cluster Level Federations (CLF) under Community Investment Support (CIS) is charged to the Income & Expenditure Account'at the time of release of fund by the Society. As per Project Implementation Plan RF to SHGs, FSF/HRF/SHAN fund to VOs and ICF to CLF are treated as Grants to CBOs. CIF to VOs have been considered as loan. Moreover, VOs will return the said amount to the CLFs and no transaction will be held between VOs and the Society at the tirne of refund of loan and its rotation. Hence, the Society has charged the amount under Income & Expenditure Account. Other funds such as funds for establishment materials to CBOs, honoraria of community cadres, Livelihood funds released to Producer Group/Companies are treated as advance at the time of release of such funds and adjusted based up on submission of Utilization Certificates/ Statement of Expenditure/ Receipt & Payment Account of CBOs. 9. Previous year's figures have been regrouped where necessary to conform to this period' s classifications. For Jaiswal Brajesh& Co. For and on behalfof (Chartered Accountants) Bihar Rural Livelihood Promotion Society FRN-00791sC e"d Ruby Bansal, Partner) Project - M.No.4oo75 'SKA r Chief Executivd