Page 38 - Cgtmse

23 Annual Report 2022-23
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Credit Guarantee Fund Trust for Micro and Small Enterprises
Balance Sheet

as at March 31, 2023

Amount (`)
AS AT AS AT
Particulars Schedules
March 31, 2023 March 31, 2022
Sources of Funds
Corpus Fund 1 1,68,43,32,62,977 87,98,88,10,283
General Reserve 2 74,20,662 74,20,662
Current Liabilities & Provisions 3 97,45,40,88,139 80,51,65,48,998

Total 2,65,89,47,71,778 1,68,51,27,79,943

Application of Funds
Fixed Assets
Computer & Software 1,59,31,962 1,46,67,147
Less : Depreciation Reserve 1,34,06,706 25,25,256 1,16,69,180 29,97,967

Furniture & Fixture 9,77,594 10,03,384
Less : Depreciation Reserve 7,20,719 2,56,875 6,46,260 3,57,124

Motor Car 12,66,029 12,66,029
Less : Depreciation Reserve 12,02,728 63,301 11,67,305 98,724

Electrical Items 9,08,157 8,51,613
Less : Depreciation Reserve 6,14,681 2,93,476 5,43,744 3,07,869
31,38,908 37,61,684

Investments 4 2,56,69,14,32,500 1,62,09,74,72,371
Current Assets
Cash in hand 2,312 795
Bank Balance 5 4,65,95,52,778 2,67,54,57,706
Receivable 6 16,32,83,245 15,78,70,446
Amount Recoverable from Tax 7 4,37,73,62,035 3,57,82,16,941
Authority

Total 2,65,89,47,71,778 1,68,51,27,79,943
Notes forming parts of Accounts 9

AS PER OUR REPORT OF EVEN DATE THE ABOVE BALANCE SHEET TOGETHER WITH SCHEDULES ANNEXED
THERETO IS HEREBY AUTHENTICATED BY US.

For Maheshwari & Co. On behalf of the Board of Trustees of CGTMSE
Chartered Accountants
ICAI Firm Reg. No. 105834W

Sd/- Sd/- Sd/-
(Pawan Gattani) (Sandeep Varma) (Sivasubramanian Ramann, IA&AS)
Partner CEO & Member Secretary Chairman
M.No. 144734
Place: Mumbai
Date: 26 September, 2023
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