Ahmed Yusuf & Co.
Chartered Accountants
BANGLADESH NAXIS CO. LTD.
Jaigir, Dollah Bazaar, Singair,
Manikgani 1820, Bangladesh.
Auditor's RePort and
Audited Financial Statements
For the year ended 30 June 2025.
Registered Office:
Level 2 (Lift-1 ), House 27 , Road 1 2, Block F,
Niketan, Gulshan 1, Dhaka 1212, Bangladesh
Contact lnformation:
Office: +8801730-981166, Cel I : +8801331-561166
M obi le : +8801533-745447, Email'. aymoza d ded @ya hoo.com
lr I
Ahmed Yusuf & Co.
Chartered Accountants
Registered with The lnstitute of Chartered Accountants of
Bangladesh under the Bangladesh Chartered Accountants
Order,1973 (President'S Order No. 2 of L973)
lndependent auditor's rePorts
To the Shareholders of
BANGLADESH NAXIS CO. LTD.
Report on the Audit of the Financial Statements
Opinion
We have audited the financial statements of BANGLADESH NAXIS CO' LTD., which comprise the
statement of financial position as at 30 June 2025, and the statement of profit or loss and other
comprehensive income, statement of changes in equity, and statement of cash flows for the year
then ended, and notes to the financial statements, including a summary of significant accounting
policies.
ln our opinion, the accompanying financial statements give a true and fair view of the financial
pori ion of the'Company as at 30 June 2025, and of its financial performance and its cash flows for
the yearthen ended in accordance with lnternational Financial Reporting Standards (lFRSs).
Basis for Opinion
We conducted our audit in accordance with lnternational Standards on Auditing (lSAs)' 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 independent of the Company in
accordance with the ethical requirements that are relevant to our audit of the financial statements
in Bangladesh, and we have fulfilled our other ethical responsibilities in accordance with these
requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to
provide a basis for our oPinion.
Responsibilities of Management and Those Charged with Governance for the Financial Statements
Management is responsible for the preparation df financial statements that give a true and fair view
in accordance with lFRSs, and for such internal control as management determines is necessary to
enable the preparation of financial statements that are free from material misstatement, whether
due to fraud or error. ln preparing the financial statements, management is responsible for assessing
the Company's ability to continue as a going concern, disclosing, as applicable, matters related to
going concern, and using the going concern basis of accounting unless management either intends to
liquidate the Company or to cease operations, or has no realistic alternative but to do so'
Registered Office: Page 1 of 19 6ep12ct lnformation:
Level2 (Lift-1), House 27,Road 12, Block E Office: +8801-730-981166, Cell: +8801331-561155
Niketan, Gulshan 1, Dhaka 1212, Bangladesh Mobile: +8801533-745447,Emai|: aymozadded@yahoo.com
\)
Ahmed Yusuf & Co.
Chartered Accountants
Registered with The Institute of Chartered Accountants of
Bangladesh under the Bangladesh Chartered Accountants
Ordef 1973 (President's Order No. 2 of 1973)
Those charged with governance are responsible for overseeing the company's financial reporting
process.
Auditor's Responsibilities for the Audit of the Financial statements
our objectives are to obtain reasonable assurance about whether the 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 it is not a
guarantee that an audit conducted in accordance with lsAs 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 lsAs, we exercise professional judgment and maintain
professional skepticism throughout the audit' We also:
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,asfraudmayinvolvecollusion,forgery,intentionalomissions'misrepresentations'orthe
override of internal control.
procedures that are applpriate in the circumstances, but not for the purpose of expressing an
opinionontheeffectivenessoftheCompany,sinternalcontrol.
estimatesandrelateddisclosuresmadebymanagement'
Conclude on the appropriateness of management's use of the going concern basis of accounting
and, based on the audit evidence obtained, whether a material uncertainty exists related to
events or conditions that may cast significant doubt on the company's ability to continue as a
going concern. lf we conclude that a material uncertainty exists' we are required to draw
attention in our auditor's report to the related disclosures in the financial statements or' if such
disclosures are inadequrt", to modify our opinion' Our conclusions are based on the audit
evidence obtained up io the date of our auditor's report. However, future events or conditions
may cause the Company to cease to continue as a going concern'
Registered office: Page 2 of L9 6on1r.t lnformation:
Level2 (Lift-1), House 27,Road 12, Block F, Office: +8801730-981L66, Cell: +8801331-561156
Niketan, Gulshan 1, Dhaka 1212, Bangladesh Mobile: +8801533-745447,Email: Jymozadded@yahoo.com
m
Ahmed Yusuf & Co.
Chartered Accountants
Registered with The lnstitute of Chartered Accountants of
Bangladesh under the Bangladesh Chartered Accountants
Order, 1973 {President's Order No. 2 of 79731
the disclosures, and whether the financial statements represent the underlying transactions and
events in a manner that achieves fair presentation.
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 requiremenls regarding independence, and to communicate with them all
relationships and other matters that may reasonably be thought to bear on our independence, and
where applicabte, actions taken to eliminate threats or safeguards applied'
From the matters communicated with those charged with governance, we determine those matters
that were of most significance in the audit of the financial statements of the current period and are
therefore the key audit matters. We describe these matters in our auditor's report unless law or
regulation precludes public disclosure about the matter or when, in extremely rare circumstances,
we determine that a matter should not be communicated in our report because the adverse
consequences of doing so would reasonably be expected to outweigh the public interest benefits of
such communication.
Report on Other Legaland Regulatory Requirements
ln accordance with the companies Act 1994, we also report the follOwing
a) we have obtained all the information and explanation which, to the best of our knowledge and
belief, were necessary for the purpose of our audit and made due verification thereof;
ln our opinion, proper books of account as required by law have been kept by the Company so
far as it appeared from our examination of those books; and
The statement of financial position and the statement of profit or loss and other comprehensive
income dealt with by the report are in agreement with the books of account'
Place: Bangladesh
Date: 17 November 2025
DVC: 25 1 1 17 1.166 AS7 04119
Ahmed Yusuf Mozadded, FCA, Managing Partner
Ahmed Yusuf & Co., Chartered Accountants
ICAB Enrollment Number: 1166
b
c)
')
Registered office: Page 3 of 19 6sp12ct lnformation:
Level 2 (Lift-1), House 27, Road 12, Block F, Office: +8801730-981166, Cell: +8801331-561166
Niketan, Gulshan l-, Dhaka 121-2, Bangladesh Mobile: +8801533-745447,Emai|'. aymozadded@yahoo.com
m
Ahmed Yusuf & Co.
Chartered Accountants
Particulars
ASSETS
Non Current Assets
lntangible Assets
Property, Plant & EquiPment
Current Assets
Advance, Deposit & PrePaYments
Sundry Debtors
Closing Inventories
Cash and Cash Equivalents
Total Assets
EQUITY AND LIABILITIES
Shareholders Equitv
Ordinary Share Capital
Retained Earnings
Non-Current Liabilities
Advance from Shareholders
Current Liabilities
Short Term Loan
Accounts Payable
Liabilities of ExPenses
Provision for lncome Tax
Total Equity & Liabilities
Place: Bangladesh
Date: 17 November 2025
DVC: 2 5 1 1 17 Ll66 AS7 04L19
64,445,261 79,795,746
662,651,
517,708
16,885,890
61,729,457
99,372,708
20,511,580 L8,890,245
BANGLADESH NAXIS CO. LTD.
Statement of Financial Position
As at 30 June 2025
Notes
Annex-A
Annex-B
3.0
30.06.2025
Taka
254,499
18,169,300
1-8,423,799 !9,577,002
30.06.2024
Taka
282,776
19,294,226
29,20O,000
(10,309,755)
4.0
5.0
6.2
SCE
7.0
8.0
9.0
29,200,000
(8,688,420)
24,770 74,770
62,332,7LA 80,457,69E
58,765,000
2,332,889
664,002
570,8L9
82,869,060 99 708
The annexed Notes and Annexure are an integral part of the financial statements.
Director Managing Director
Signed as per our annexed report of even date.
Ahmed Yusuf Mozadded, FCA, Managing Partner
Ahmed Yusuf & Co., Chartered Ac€ountants
ICAB Enrolment Number: 1165
B60,134
9,999,847
11,158,901
42,426,419
7B
58,765,000
11,191,530
9,440,785
Page 4 of 19
Ahmed Yusuf & Co.
Chartered Accountants
BANGLADESH NAXIS CO. LTD.
Statement of Profit or Loss and Other Comprehensive lncome
For the year ended 30 June 2025
Particulars
Turnover
Less : Cost of Goods Sold
Gross Profit
Other Operating lncome
Other Operating Expenses
Operating Profit
Less; Administrative Expenses
Less: Selling and Distribution Expenses
Operating lncome
Non-0peration lncome
Non-Operation Expenses
Profit Before lnterest and Tax
Less: Finance Expenses including bank charges
t*et.Frofitgefore Tax
Less: lncome Tax Expense
Net Profit After tax
Other Comprehensive lncome
Total Cornprehensive lncome For The Year
Place: Bangladesh
Date: 17 November 2025
DVC: 2511171 166A57041 19
!7,756,682 7L,604,777
Notes 2025
Taka
2424
Taka
66,429,862
(54,825,085)
10.0
11.0
12.0
13.0
56,76L,455
(39,0O4,773)
17,756,682
( 15,089,152)
(52,424)
t1_,504,777
(L0,033,863)
2,6L5,106 1,570,9L4
2,615,1.06
i.422,952\
3.,570,91.4
(360,420)
2,192,!54
(570,819)
L,2L0,494
(662,651)
The annexed Notes and Annexure are an integral part of the financial statements.
Director Managing Director
Signed as per our annexed report of even date,
1.,621,335 547,843
547,843
Ahmed Yusuf Mozadded, FCA, Managing Partner
Ahmed Yusuf & Co., Chartered Accountants
ICAB Enrolment Number: 1165
Page 5 of 19
1^621^335
Ahmed Yusuf & Co.
Chartered Accountants
BANGLADESH NAXIS CO. LTD.
Statement of Changes in EquitY
For the year ended 30 June 2025
For the year ended 30 June 2024
Particulars Share Retained
Earnings
Total
Shareholders
Equity
Balance as at 01 lulY 2024
ies during the year
29,200,000 (10,309,755)
L,621-,335
1.8,890,245
1.,621-,335
Balance As at 30 June 2025 29,2O0,O00 (8,588,420) 20,511,580
Particulars Share Retained
Earnings
Total
Shareholders
Equity
Balance as at 01 IulY 2023
during the year
29,200,000 (10,857,598)
547,843
19,342,402
547,843
Balance As at 30 lune2024 29,200,000 (10,309,755) 18,890,245
Page 6 of 19
BANGLADESH NAXIS CO, LTD.
Statement of Cash Flows
For the year ended 30 June 2025
Particulars
A. Caqh Flow from Operating Activities:
Cash Flow From OPeration
Net Profit I Loss
Depreciation
Change in Components Working Capital:
(lncreased)/Decrease in Advance, Deposit & Prepayments
(lncreased)/Decrease in Sundry Debtors
(lncreased)/Decrease in LC Margin
(lncreased)/Decrease in Closing lnventories
lncreased/(Decrease) in Short Term Loan
lncreased/(Decrease) in Accounts Payable
lncreased/(Decrease) in Liabilities of Expenses
lncreased/(Decrease) in Provision for lncome Tax
Net Cash Flow From Operating Activities
B. Cash Flow From tnvesting Activities:
Acquisition of Property, Plant & Equipment
lntangible Assets
Net Cash Flow from lnvesting Activities
C. Cash Flow From Financins Activities:
Ordinary Share CaPital
Advance from Shareholders
Net Cash flow from Financing Activities
D. Net changes in cash and cash equivalents (A+B+C)
E. Opening Cash & Cash Equivalents
F. Closing Cash & Cash Equivalents (D+E)
2025
Taka
Ahmed Yusuf & Co.
Chartered Accountants
2024
Taka
2,774,538 1,782,135
1,,621,,335
1,153,203
547,843
1,234,292
(22,077,576) 1,6,380,218
@tsI 18,162,353
(6,354,2641
(6,354,264)
(19,303,038)
6L,779,457
11,808,089
49,921.,368
42,426,419 61,729,457
{L97,483)
(9,482,099)
5,726,989
(8,858,641)
(9,776,783)
(489,559)
2,955,022
22,982
(2,025,000)
6,050,308
9,7L4,255
662,651
Page 7 of 19
!'
Ahmed Yusuf & Co.
Chartered Accountants
BANGLADESH NAXIS CO. LTD.
Notes to the Financial Statements
For the year ended 30 June 2025
1.1 Background of Reporting Entity/Structure of the Company
The company was incorporated in Bangladesh as a Private Limited company with the
issuance of a certificate of incorporation bearing no. C-15495912019 dated: September 09,
2019 under the Companies Act 1994 by The Registrar of Joint Stock Companies & Firms with
Authorized capital of 630,000 shares of Tk. 100/- each. The registered office of the company
is situated at Jaigir, Dollah Bazaar, singair., Manikganj 1820, Bangladesh.
1.2 Nature of Business Activities of the Company
To import machines and materials, and engage in the production and sale of products,
including RFID products, using such imported machines and materials. Furthermore, import,
sell, and provide maintenance services for machines and consumables for printing' Also,
offer consultation in production, technical, and management support. Additionally,
undertake subcontracted operations for third parties and lease factory space to third parties
for designated business purposes.
2.0 Basis of Preparation
2.1 Statement of compliance and measurement of the financial statements
These Financial Statements have been prepared as per the requirements of the Companies
Act,1994, The lncome Tax Ordinance,L984, The lncome Tax Rules, 1984, The Valub Added
Tax Act and Supplementary Duly,2012, The Value added tax Rules, 2016, The Customs Act'
1969, The Stamp Act, 1899, The Bangtadesh Labour Act, 2005 and other applicable laws &
regulations and in accordance with The lnternational Accounting Standards
(lASs)/lnternational Financial Reporting Standards (tFRSs), The titles and format of these
financial statements follow the requirements of IFRSs which are to some extent different
from the requirement of the Companies Act 1994. However, such differences are not
material and, in the view of management, IFRSs titles and format give better presentation to
the shareholders. The disclosures of information are made in accordance with IAS-L
(presentation of financial statements) using the accrual basis of accounting, under the
historical cost convention and generally accepted accounting principles of Bangladesh
except for the revaluation of certain non current assets which are stated either at revaluated
amount or fair market value as explained in the accompanying notes'
Page I of 19
a
Ahmed Yusuf & Co.
Chartered Accountants
2.2 Application of Accounting and Financial Reporting Standards (lASs & IFRSs)
IAS 1: Presentation of Financial Statements
IAS 2: lnventories
IAS 7: Statement of Cash Flows
IAS 8: The Accounting Policies, Changes in Accounting Estimates and Errors
IAS 10: Events after the Reporting Period
IAS 12: lncome Taxes
IAS L6: Property, Plant, and Equipment
IAS 19: Employee Benefits
IAS 20: Accounting for Government Grants and Disclosure of Government Assistance
IAS 21: Effects of the Changes in Foreign Exchange Rates
IAS 23: Borrowing Costs
IAS 24: Related Party Disclosures
IAS 26: Accounting and Reporting by Retirement Benefit Plans
IAS 27: Separate Financial Statements
IAS 28: Investments in Associates and Joint Ventures
IAS 29: Financial Reporting in Hyperinflationary Economies
IAS 32: Financial lnstruments: Presentation
IAS 33: Earnings per Share
IAS 34: lnterim Financial Reporting
IAS 36: lmpairment of Assets
IAS 37: Provisions Contingent Liabilities and Contingent Assets
IAS 38: lntangible Assets
IAS 40: lnvestment ProPerty
IAS 41: Agriculture
IFRS 1: First-time Adoption of lnternational Financial Reporting Standards
IFRS 2: Share-based PaYment
IFRS 3: Business Combinations
IFRS 4: lnsurance Contracts
IFRS 5 Non-Current Assets Held for sale and Discontinued operations
IFRS 6: Exploration for and Evaluation of Mineral Resources
IFRS 7: Financial lnstruments: Disclosures
IFRS 8: Operating Segments
IFRS 9: Financial lnstruments
IFRS 10: Consolidated Financial Statements
IFRS 1L: Joint Arrangements
IFRS 12: Disclosure of lnterests in Other Entities
IFRS 13: Fair Value Measurement
IFRS L4: Regulatory Deferral Accounts
IFRS 15: Revenue from Contracts with Customers
IFRS 16: Leases
IFRS 17: lnsurance Contracts
Page 9 of 19
Ahmed Yusuf & Co.
Chartered Accountants
2.3 Summary of Accounting Estimates and Judgments of Policies
ln preparation for these Financial Statements, management used available information to
make necessary judgments, estimates and assumptions that affect the application of
accounting policies and reported the amount of assets and liabilities, income, and expenses
and for contingent assets and liabilities that require disciosures during and at the date of the
financial statements. Actual results may differ from these estimates. The estimates and
underlying assumptions are reviewed on an ongoing basis and any revisions of the
accounting estimates are recognized in the period to which the estimates are revised and in
any future periods affected.
2.4 Functional, presentation and reporting curency and level of precisions
Functional and presentation currency items included in these financial statements are
measured using the currency of the primary economic environment in which the company
operates (the functional currency). The Financial statements are prepared and presented in
Bangladesh Currency which is Taka (Ik/BDT) and which is the Company's functional
currency. All financial information presented have been rounded off to the nearest taka
except where indicated otherwise.
2.5 Reporting period
The financial statements prepared as at and for the year ended as stated above.
2.6 Components of the financial statements
(i) Statement of financial position (Balance Sheet);
(ii) Statement of profit or loss and other comprehensive income;
(iii) Statement of changes in equity
(iv) Statement of cash flows; and
(v) Notes, comprising a summary of significant accounting policies and other explanatory
information.
2.7 Foreign currency translation
Foreign currencies are translated into Taka using exchange rate prevailing on the date of
transaction. Monetary assets and liabilities denominated in foreign currencies are translated
at exchange rates prevailing at the date of statement of financial position. Foreign currency
differences are generally recognized in the statement of profit and loss.
2.8 Going Concern
The company has adequate resources to continue operation for the foreseeable future and
its curyent resources are sufficient to meet its current business requirements and thus the
management continue to use going concern basis in preparing the financial statements.
Page 10 of 19
Ahmed Yusuf & Co.
Chartered Accountants
2.9 Property, Plant & Equipment
Expenditure with an asset life of more than 1 year is treated as capital expenditure (fixed
assets). Any asset with the life of less than L year will be considered as low value asset and
charged in the accounts as revenue expenditure. Moreover, the cost of an item of property,
plant and equipment is recognized as an asset if, and only il it is probable that the future
economic benefits associated with the item can be measured reliably. ltems of property,
plant and Equipment, excluding freehold land, freehold building and leasehold buildings, are
stated at historical cost less accumulated depreciation in compliance with the requirements
of 145-16- Property, Plant and Equipment. Freehold land is measured at Cost Model. The
cost of acquisition of an asset comprises its purchase price and import duties and non-
refundable taxes (after deducting ffade discount and rebates) and any costs directly
attributabte to bringing the assets to the location and working condition necessary for it to
be capable of operating in the intended manner. The cost of replacing or upgrading part of
an item of property, plant and equipment is recognized in the carrying amount of the item if
it is probable that the future economic benefits embodied within the part will flow to the
company and its cost can be measured reliably. The costs of the day-to-day servicing of
property, plant and equipment are recognized in the Statement of Comprehensive lncome
as incurred. Depreciation is recognized in the profit and loss account using 'Reducing Balance
method' over the estimated useful lives of each fixed asset. Depreciation is charged for the
year on reducing balance Method on all fixed assets other than land. For additions during
the year, depreciation is charged for the whole year and for disposal, depreciation is not
charged for this year. The rate(s) of depreciation based on useful lives and nature of the
assets.
2.10 Financial instruments
A financial instrument is any contract that gives rise to a financial asset of one entity and a
financial liability or equity instrument of another entity.
2.11 Accounts and other receivables
Receivables represents the amounts due from the customers and others and are stated net
of bad debts and provisions. Provisions are made as per company policy and are written off
on consideration of the status of individual balances.
2.12 Financial assets
The company initially recognises a advance, deposit, prepayment, loan, receivable, and any
other financial asset on the date of trade are originated i.e. when it becomes a party to the
contractual provisions of the instrument and the company derecognises a financial asset
when the contractual rights to the cash flows from the asset expire or it transfers the rights
to receive the contractual cash flows on the financial asset in a transaction in which
substantially all the risks and rewards of ownership of the financial asset are transferred.
Financial assets include cash and cash equivalents, investments, accounts receivable and
other receivables.
s
Ahmed Yusuf & Co.
Chartered Accountants
2.13 lnventories
lnventories comprise production raw material, work-in-progress and finished goods, These
are valued at lower of average cost and net realizable value. Cost of inventories includes
expenditure incurred in acquiring the inventories, production or conversion costs and other
costs incurred in bringing them to their existing location and condition. Cost of inventories is
determined by using the weighted average cost formula, Where necessary, allowance is
provided for damaged, obsolete and slow moving items to adjust the carrying value of
inventories to the lower of cost and net realizable value. Net realizable value is based on
estimated selling price in the ordinary course of business fess the estimated costs of
completion and the estimated costs necessary to make the sale. Work-in progress and
finished goods includes raw material, labour and manufacturing overhead.
2.14 Cash and Cash Equivalents
Cash and Cash Equivalents comprises cash in hand, cash in transit and cash at bank including
fixed deposits having maturity of three months or less which are available for use by the
company without any restrictions. Bank overdrafts that are repayable on demand and form
an integral part of the company's cash management are excluded from the component of
cash and cash equivalent. There is insignificant risk of changes in value of the same.
2.15 Share capital
paid up capital represents total amount contributed by the shareholders issued by the
company to the ordinary shareholders. Holders of ordinary shares are entitled to receive
dividends as declared from time to time and are entitled to vote at shareholders' meetings.
ln the event of a winding up of the company, ordinary shareholders rank after all other
shareholders and creditors and are fully entitled to any residual proceeds of liquidation.
2.16 Accounts and other payables
payables represents the amount due for the goods and services received, whether paid or
not for those goods and services. Liabilities are not interest bearing and are stated at its
nominalvalue.
2.17 Revenue recognition
Revenue recognised as per IFRS-15, Revenue from contracts with customers.
2.18 Statement of Cash Flows
Page 12 of 19
The statement of cash flows has been prepared in accordance with the requirements IAS 7 :
Statement of Cash Flows.
Ahmed Yusuf & Co.
Chartered Accountants
2.19 Provisions and Contingencies
A provision is recognized in the Financial Statements when, as a result of a past event, the
company has a present legal or consuuctive obligation that can reliably be estimated and it
is probable that an outflow of economic benefits will be required to settle the obligation and
a reliable estimate can be made of the amount of the obligation. Provision is ordinarily
measured at the best estimate of the expenditure required to settle the present obligation
at the last date of Financial statements. where the company expects some or all of a
provision to be reimbursed, the reimbursement is recognized as a separate asset but only
when the reimbursement is virtually certain. The expense relating to any provision is
presented in the Financial Statements net of any reimbursement. lf the effect of the time
value of money is material, provisions are discounted using a current pre-tax rate that
reflects, where aPProPriate.
2.20 Related Party Disclosures
The company has not carried out transactions with any of its related parties
2.21 Events after the Reporting Period
Events after the reporting period that provide additional information about the Company's
position at the date of Statement of Financial Position or those that indicate the going
concern assumption is not appropriate are reflected in the Financial Statements. Events
after the reporting period that are not adjusting events are disclosed in the notes when
material.
2,22 Comparative information
Comparative information in respect of previous year have been disctrosed for all numerical
information in the financial statements and also the narratives and descriptive information
when it is relevant to understand the current year's financial statements'
2.23 General
To facilitate comparison, certain relevant balances pertaining to the previous year have been
rearranged/restated/reclassified/re-grouped whenever considered necessary to conform to
current period's Presentation.
Page 13 of 19
30.05.2025
Taka
Ahmed Yusuf & Co.
Chartered Accountants
30.06.2024
Taka
3.0 Advance, Deposit & PrePaYments
Advance lncome Tax
Advance & PrePaYment
Security Deposit
3.1 Advance lncome Tax
Opening Balance
Add: Addition During the Year
Less: Adjustment during the Year
3.2 Advance & PrePaYment
Opening Balance
Add: Addition During the Year
Less: Adjustment during the Year
4.0 Closinglnventories
5.0 Cash and Cash Equivalents
Cash in hand
Cash at Prime Bank, CD A/C 21321L102A712
Cash at Prime Bank, FC A/C 2732587025594
Cash at Mutual Trust Bank, A/C 1301010015040
(662, 6s1) (2e 7,707],
570,819 662,651
3,319,966
(3,319,966)
11,158,901 16,885,890
-
(Note: 3.1)
(Noter 3.2)
570,819 662,651
289,315
860,134
662,657
570,819
562,551
297,747
662,651,
6,99A,674
2,657,L98
32,777,342
1,205
60,871,969
737,383
117,750
2,355
6.0
6.1
6.2
Ordinary Share Capital
Authorized Share CaPital:
630,000 Ordinary Shares of Tk. 100/- each
lssued, Subscribed and Paid-up Share Capital
292,OOA Ordinary Shares of Tk. 100/- each
42,426,4L9 6t,729,457
63,000,000 63,000,000
29,200,000 29,200,000
Page 14 of '19
Ahmed Yusuf & Co.
Chartered Accountants
30.06.2025
Taka
30,06.2024
Taka
,
7.0 Short Term Loan
Opening Balance
Add: Addition During the Year
Les: Adjustment during the Year
8.0 Liabilities of Expenses
Salary & Allowance
Electricity Bill
Audit Fees
9.0 Provision for lncome Tax
Opening Balance
Add: Addition During the Year
Les: Adjustment during the Year
10.0 Turnover
Exports
Less : VAT
11.0 Cost of Goods Sold
0pening Stock
Add : Purchase During the Year
Add: Factory Overhead
Add: Factory Rent
Add: Depreciation
Add: Amortization
Less: Closing Stock
58,765,000 58,765,000
58,765,000 58,765,000
614,002 9,030,255
360,520
50,000 50,000
664,002 9,440,785
1,060,378
570,81"9
(1,050,378)
s?o;81e
2025
Taka
397,727
662,651,
1,060,378
2424
Taka
57,081,900
(320,445)
66,735,42O
(305,558)
56,761,455 66,429,862
16,885,890
(Note: 11.1) 30,924,581-
1,20o,ooo
1.,124,926
28,277
(11,158,90L)
14,860,890
36,679,154
17,736,639
1,200,000
L242,872
31-,420
(16,885,890)
Page 15 of 19
39,0A4,773 54,825,085
2025
Taka
Ahmed Yusuf & Co.
Chartered Accountants
2A24
Taka
ll,L Factory Overhead
Amortization ExPense
Arrear FactorY
Bonus (FactorY)
Carbon Toner
Clearing & Forwardine (C&F) Expenses
Colour Catalogue Book Purchase
Conveyance(FactorY)
Courier Charge (FactorY)
Delivery Expense
Depreciation ExPense
Entertainment- FactorY
Factory Electric Bill
Factory Visit ExPense
Freight Charge
lmport Duty
lnsurance ExPense-l mPort
lnternet ExPenses
Labour Cost
Lunch Expenses (FactorY)
Medical ExPense- FactorY
Misc. Expenses (FactorY)
Night Shift ExPense- FactorY
Overtime (FactorY)
Printing & StationerY (FactorY)
Repair & Maintenance
Salary & Allowance (FactorY)
Sample Making ExPense
Security Charge
Spare Parts Purchase
Truck Rent (FactorY)
5,039,L48
4,589,!92
30,450
26,510
L,290
213,400
860
673,962
19,809
!4,642
?,L57,254
457,000
3,921.,062
59,480
39,585
2,251
253,845
897,886
52,467
749,349
12,000
100,000
145,895
t4,390
271,435
7,550
17,530
8,434
40,100
2,600
195,801
45,500
7\425
7,935,036
L4L,002
L06,380
128,830
26,500
8,832
217,843
8,500
1,580
4,520
4,000
7,359,669
8,370
13,525
L2,529,61-0
24,500
66,320
102,500
30, 924,581 17,736,639
Page 16 of 19
2025
Taka
Ahmed Yusuf & Co.
Chartered Accountants
2024
Taka
12.0 Administrative ExPenses
Salary & Allowance
Festival Bonus
Entertainment & Refreshment
Office Expenses
Office Rent
Miscellaneous ExPenses
Audit Fees
Printing & StationarY
Conveyance ExPenses
Duty Expenses
Electric Blll
13.0 Finance ExPenses
Bank Charges and Commission
7,9L4,680
3,,545,!2O
40,450
530,450
372,600
352,620
50,000
10,450
7,560
3,591,264
673,962
6,293,434
1,L20,732
2,908
763,374
372,640
39L,974
50,000
4,533
5,361
1,028,951
2
422,951 160,47O
Page 17 of 19
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