. FVasundharo Watershed DevelopMent Agency |1i Floor, Central Building, Maharashtra State, Pun - 411 001 - alil v,lapun RJ1maL.comTel. No : 020 - 25050020 No.VWDA/Neeranchal/Audit Report/ c/ 2018-19 Date : --[/03/2019 To, Deputy Commissioner (WD), Government of India, Ministry of Rural Development Department of Land Resources, New Delhi-110 003. Sub- Submission of revised audit report of Neeranchal National Watershed Project for the financial Year 2017-18 Respected Sir, With reference to above cited subject t is submitted that, the revised Annual audit report of Neeranchal National watershed Management Project for the PA- 2017-o Si enclosed herewith for your kind information & approvdL ance Officer Vasundhara Watershed Development Agency, Maharashtra, Pune-411001. Copy suirnitted for information & necessary action to iI.Secretary, Soil & Water conserva-tion Departrment, Government of Maharashtra Mumbai, STATUTORY AUDIT REPORT NIRANCHAL WORLD BANK ASSISTED PROJECT CENTRALLY SPONSORED PROGRAMME (IWMP) VASUNDHARA MAHARASHTRA FOR THE FINANCIAL YEAR 2017-18 (REVISED) IT AUDITOR : N. C. BATRA & COMPANY OFFICE ADDRESS : GUJRATIWADI ROAD, MALGUJARIPURA, WARDHA CONTACT (0) :07152 - 252166, +91 80873 95229 EMAIL uvbatra07@g m INDEPENDENT AUDITOR'S REPORT To, The Chief Executive Officer, Niranchal-Worid Bank Assisted Project Centrally Sponsored Programme (IWMP) Maharashtra We have audited the accompanying Revised Financial Statements of Niranchal- World Bank Assisted Project - Centrally Sponsored Programme (IWMP), Pune (State Level Nodal Agency, Maharashtra) which comprises of the Balance Sheet as on 31st March 2018, Receipt & Payment Account and Income & Expenditure Account for the year then ended on 31st March 2018 and other explanatory information. Management's Responsibility for the Financial Statements Management is responsible for preparation of these financial statements. This responsibility includes the design, implementation and maintenance of internal control relevant to the preparation of the financial statements that ae free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsib ity is to express an opinion on these fina icial statemen-s based on our audit. We conducted our audit in accordance with the Standard on Auditing issued by the Institute of Chartered Accountants of India. Those Standards require that we comply with ethical requirements and plan and perform -he audit to obtain reasonable assurance about whether the financial statements are free from . aterial misstatement. An Audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the preparation and fair presentation of the financial statements in order to design audit procedure that are appropriate in the circumstances. An audit also includes evaluating the appropriateness of accounting policies used Qnd. The reasonableness of the accounting estimates made by managemenT, as wel as evaluating the overall presentation of the financial statements. We believe that the audit evidence, we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion and to the best of our information and according to the explanation given to us, and subject to our Audit Observation of this Audit Report, the financial statements of Niranchal-World Bank Assisted Project - Centrally Sponsored Programme (IWMP), Pune for the year ended on 31st March, 2018 are prepared, in all material respects, in accordance with the Societies Registration Act, 1860 in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India: (a) In the case of the Balance Sheet, of the state of affairs as on 31rst March, 2018 (b) In the case of Income & Expenditure Account, of the deficit of the for the year ended on that date, and (c) In ,,ie case of Receipt & Payment Account, cf the Receipts & Payments for the year ended on that date. For N. C. Batra & Company Chartered Accountants FRN: 134264W Love . Batra Partner MRN: 168908 Place: Nagpur Date: 01-02-2019 Notes to the Account 1) /s cer schedule to the Audited Financia' Statements for the year ended Dn 31.03.2017. Rs. 229410 of amouni was advanced to Yashado. 2) Workshop was organized by the agency for which Yashada raised Invo-ce amounting to Rs. 254900. TDS amounts to Rs. 25490 and Rs. 229410 is paid to the Yashada Agency. 3) This amount of Rs. 229410 was earlier accounted as advance to agency Yashada and is now accounted in books as expenditure on receipt of Invoice from the vendor agency. Thus financials statements are revised. I Nironchal World Bank Assisted Project Centrally Sponsored Programme (IWMP) Revised Balance Sheet as on 31st Mcrch 2018 Sr. No. Capital & Liabilities Amount Rs. Amount Rs. I Unutilised Grants: Opening Balance (A) 45,862,780.00 Add: Grants received during F.Y.2017-18 DOLR New Delhi 5,000,000.00 Government of Maharashtra 3,333.00000 PMKSY New Delhi Grcis of Other Intervention (Central Government) Subto'cl (B) 8333000.00 Less : Appropriation of Grant (C) (54,394.00) (Towods Excess of Expendiure over Income) less: Grant Utilised - Capital (D) 486, 168,00 Loss: Grant Transferred to PMKSY Other Intervention (A+B-C-D) 53,764,006.00 53,764,006.00 2 Grant Capitalised - Opening Balance Add: Additions during the year 486,168.00 486,168.00 3 CurrentLLiabilities Other Liabilities - SD Collecied Transfcrred from lnstitutional Fund TOTAL 54,250,174.00 As per our report of even dated For N C Batra & Company For Niranchal World Bank Chortered Accountants Assisted Project Centrally Sponsored Programme (IWMP) CA Love Batra Partner MRN: 168908 FRN: 134264W Dated :01/02/2019 Place :Pune Cum (P.1.0) Niranchal World Bank Assisted Project Centrally Sponsored Programme (IWMP) Revised Balance Sheet as on 31st March 2018 Sr. No. Assets Amount Rs. Amount Rs, I Fixed Assets Furniture Computers & Peripherals 486,168.00 486,168.00 2 Current Assets & Advances Cash & Ban'K ( Schedu:e- 1) 53,764,006.00 Loans & Advances ( Schedule- 11) -,,Partner C hi f Exe Officer MRN: 168908 FRN: 134264W Dated :01/02/2019 rDuIM Fe 11u8 Niranchal World Bank Assisted Project Centrally Sponsored Programme (IWMP) Receipt & Payment Account for the period 1st April 2017 to 31st March 2018 Receipts Amount Rs. Payment Amount Rs. 1. Opening Bank Balance HO 1. Grants Distributed to: PMKSY PMKSY Othm. Iftorvenrion 45,633,370.00 DSAC (Schedue iv,; 2. Receipts of Grants: State Govemnen 3.333.000 2. Advances to: Centrol Govermenf 5.000.)00 Yash-c Staff 3. Interest Received from Bank 3. Administrative Expenses at HO 1-532.07C.00 At HO ..8.6,334 4. Fixed Assets Purchases 486 I 68.60 5. Bank Charges 460.00 6. Closing Bank Balance at HO 53 764.006 00 Total Rs. 55782,704Total Rs.5578270400 As per our report of even dated For Niranchal World Bank Assisted Project For N C Botra & Company Centrally Sponsored Programme (IW.Mp) Chartered Accountants CAChief cutive Offic Partner MRN: 168908 FRN: 134264W L aed: 01/02/2019 Niranchol World Bank Assisted Project Centrally Sponsored Programme (IWMP) Revised Income & Expenditure Account for the period 1st April 2017 to 31st March 20)8 Expenditure Amount Rs. Amount Rs. Income Amount Rs. Amount Rs. To Expenses on the Scheme By Other Income Administratve Expenses 1,532,530 By BanK Interest eceivec 1,81 34 IC - By Receipt lrom Suie of Tender Vo"' crqn - 1.532.530 y Miscei aous teceof - By Interest Accrued on 1.816,334 Priar Perod Expenditure 229. 0, Grant Trf ao MRSAC (Refer Notes to Account) By Appropriation of Grant i Towavrd ces ces of Expec 'e over Income '54 3941 Total I L== 1,761.940 Total 1,761,940 As per our report of even dated For N C Balra & Company For Niranchal World Bank Assisted Project Chartered Accountants Centrally Sponsored Programme (IWMP) CA Lo tra , Partner MRN: 168908 FRN: 134264W Dated: 01 /02/2019 e .A r Place: Pune Niranchal World Bank Assisted Project Schedule-I Cash & Bank Particulars Arnount Ba.ink 1 Mciharashtra 60159605 53,764,006 Schedule-ll Loans & Advances Expenses/ .. Particulars Opening Balance Total Available Fund Transfer/Refund/ Balance Adjustment asha 229,47 0.00 229,410.00 229,410.00 Grand Total 229,410.00 229.410.00 229,410.00 Niranchal World Bank Assisted Project Centrally Sponsored Programme (IWMP) Bank Reconciliation Statement As On 31.03.2018 Union Bank of India A/c. No. 60159605770 Sr. No. Particular Amount Amount 1 Bolance As Per Cash Book 53,764,006 2 Add: Cheque Issued but not Presented Date Cheque No. Favoring 09/03/2018 218012 590.00 590 3 Balonce as per Pass Book 53,764,596 Niranchal World Bank Assisted Project Centrally Sponsored Programme (1WMP) Revised Utilisation Certificate for the period 1st April 2017 to 31st March 2018 Sr. No. Particulars Amount Rs. Amount Rs. 1 Opcirng Balance as on 01/04/2017 45,862,/80.00 2 Grani Received/ Receivable from State Government 3,333,000-00 Cenlral Government 5,000.000.00 Grar tS of Other Intervention (Central Government 8,333,000.00 3 Intert-st Received & Other Miscelianeous 1,816,334.00 4 total Lunds made available upto 31/03/2018 56 i2.1 14.00 (1+2-3+4) 5 Revenue Expenditure upto 31/03/2018 At HO I evel 1,532,530.00 1,532,.30,00 6 Capita, Expenditure upto 31/03/2018 At HO I evel 48 I. 1 68.00 486.1 68.00 7 Prior Period Fxpenditu"e (Refer Notes) 229 410.0 229.410.00 8 Clos g Balance aR on 3 /03/2018 53.764,006 .00 (6-7) -- As per our report of even dated For Niranchal World Bank For N C Bafra & Company Assisted Project Centrally Chartered Accountants Sponsored Programme (iWMP) CA Love atra Ct4 u ieoftker Partner F . MRN: 168908 FRN: 134264W