ABCDEFGHIJKLMNOPQRSTUVWXYZ
1
IIMK Alumni Association
2
Income and Expenditure Statement
3
1-Apr-2023 to 30-09-2023
4
ParticularsAmount in RsParticularsAmount in Rs
5
Direct Expenses 4,235,183 Direct Incomes 6,241,421
6
Sangam 2023Delegate Fees - Sangam 2,494,516
7
Food & Beverage 3,808,015 Facilitation Fees (Group Insurance) 842,500
8
Car Rental 47,200 Sponsorship Income 2,904,405
9
Event Management Expenses 316,170
10
Photography & Other Misc Expenses 63,798
11
Indirect Expenses 155,053 Indirect Incomes 349,395
12
PSP Charges (Explara+ Razorpay) 128,743 Interest Income* 99,395
13
Courier Expenses 1,810 Grants Received (IIM Kozhikode) 250,000
14
CRM Subscription (Zoho) 15,000
15
Professional Fees 9,500
16
Excess of income over expenditure 2,200,580
17
18
Total 6,590,816 Total 6,590,816 -
19
20
21
22
23
IIMK Alumni Association
24
Balance Sheet
25
1-Apr-2023 to 30-09-2023
26
LiabilitiesAmount in RsAssetsAmount in Rs
27
Capital Account 5,656,582 Investments 757,937
28
Capital Funds 206,582 Fixed Deposits 750,004
29
Future Skill Fund 206,582 Investment in Angel Fund (AL Trust) 7,933
30
Covid Relief Fund -
31
Lifetime Membership Fees 5,450,000 Current Assets 8,519,016
32
Current Liabilities 12,807 Sundry Debtors 522,000
33
Duties & Taxes (ITC) -5,873 Bank Accounts 7,806,051
34
Reimbursements Payable 18,680 RBL Bank - 409001021050 1,783,161
35
 - SBI - 37978583688 6,022,890
36
Excess of income over expenditure 3,607,564
37
Opening Balance 1,406,984 TDS Receivable 190,965
38
Current Period 2,200,580 AY 23-24 116,163
39
Less: Income Tax Paid - AY 24-25 74,802
40
41
Total 9,276,953 Total 9,276,953 -0
42
43
44
Notes
45
46
No of Delegates for Sangam1065
47
48
Sponsorship Income
49
ParticularsAmount
50
Solvy Tech Solutions Private Limited 2,200,000
51
Lohchab Motor Company Private Limited
 80,000
52
ONTAP DIRECT PVT LTD 60,000
53
NREACH ONLINE SERVICES PRIVATE LIMITED
 200,000
54
Adhhya Creations 125,000
55
Adhhya Creations 125,000
56
Sky Foam Mattress 21,186
57
Turbo Inter Trade 21,186
58
Amjad Anwar 21,186
59
Sparkle Themes 50,847
60
Total Sponsorship Income (April 23 to Sep 23)
 2,904,405
61
62
Interest Income
63
FD Interest on RBL Bank 20,395
64
Savings Bank A/c Interest SBI* 79,000
65
66
*This a provisional number based on opening balance, can update if we get the SBI statement
67
68
Sundry Debtors as of 30-9-23
69
Adhhya Creations** 250,000
70
Lohchab Motor Company Private Limited
 80,000
71
NREACH ONLINE SERVICES PRIVATE LIMITED
 200,000
72
 530,000
73
74
**50% of Adhhya Outstanding received in October first week
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100