No.CRD/WSD/GSWMA/ V)- lo /2019 Gujarat State Watershed Management Agency Commissionerate of Rural Development, Block No. 16/3, Dr.Jivraj Mehta Bhavan, N.S. Yadav IFS Gandhinagar. N.S. a da IFSDate : 62-5-2019 Chief Executive Officer, GSWMA To, Dr. C.P. Reddy Deputy Commissioner (WD) Government of India, Department of Land Resources Ministry of Rural Development Block No. 11, 6th floor,CGO Complex, Lodhi Road,New Delhi - 110003 Subject: Statutory Audit Report of Worldbank Assisted Neeranchal Project. Please find attached the Statutory Audit Report of Worldbank Assisted Neeranchal Project for the Financial Year 2018-19 and utilization Certificate of the same. Yours f. thflly (N.S. Yadav) Copy Submitted: 1. Secretary(RDD) & Chairperson, GSWMA, for information please. Independent Auditor's Report To, GUJARAT STATE WATERSHED MANAGEMENT AGENCY Neeranchal (Under GSWMA) Gandhinagar We have audited the attached balance sheet of GUJARAT STATE WATERSHED MANAGEMENT AGENCY, Neeranchal (Under GSWMA) as of 31st March 2019. The receipt and payment account and income and expenditure account for the year ended on that date annexure here there to. These financial statements are the responsibility of the agency. Our responsibility is to express an opinion thereon. We conducted our audit in accordance with the auditing standard generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statement are free from material misstatement and audit also include examining on test basic evidence supporting the amounts and disclosure in financial statement. The audit also includes assessing the accounting principle used and significant estimates made by the management as well as evaluating overall financial statement preparations. Our audit excludes verification of physical and technical parameter of the scheme. We believe that our audit provides reasonable basis for our opinion as reported hereunder; a. We have obtained all the information and explanation which is to the best of our knowledge and beliefs were necessary for the purpose of audit. b. In our opinion proper books of Accounts have been kept by the Agency office and other implementing office as expressed in respective district audit report. c. The said Balance sheet, Income and Expenditure Account and Receipt and Payment Account are in agreement with the books of account maintained. d. In our opinion and to the best of our information and according to the explanation given to us, said accounts subject to our comments separately as annexure to Auditor's Report and forming part of this report, gives true and fair view in conformity with the accounting principle generally accepted in India. * In case of the Balance sheet, of the state of affairs of the Agency as at 31st March 2019. * In case of the Income and Expenditure Account of the excess of Income over expenditure for the year ended on that date. * In case of the Receipts and Payments Account of the receipt and payment during the year ended on that date. For, P. S. PATEL & Co. Chart ed Accountants FRN 557W Date : I /2019 CA Pankaj Patel Place Gandhinagar Partner Mem No. 118005 . GUJARAT STATE WATERSHED MANAGEMENT AGENCY Neeranchal (Under GSWMA) Balance Sheet As on 31st March, 2019 Amount in (t) Particulars Schedule Current Year Previous Year CORPUS/CAPITAL FUND AND LIABILITIES 2018-19 2017-18 Corpus/Capital Fund 1 47,239,306.75 47,033,654.75 Reserves and Surplus Endowment Funds Secured Loans and Borrowings Unsecured Loans and Borrowings Deferred Credit Liabilities Current Liabilities and Provisions (1.00) Total 47,239,305.75 47,033,654.75 ASSETS Fixed Assets Invesments - Earmarked/Endowment Fund Investment - Others Current Assets, Loans and Advances 2 47,239,305.75 47,033,654.75 Miscellaneous Expenditure (To the extent not written off or adjusted) Total ___ 47,239,305.75 47,033,654.75 Income And Expenditure Account for the Year Ended On 31st March, 2019 Amount in (T) Particulars Schedule Current Year Previous Year 2018-19 2017-18 INCOME Income From Sales/Services Grant/Subsidies Fees/Subscriptions Income From Investments (Income on Investments from Earmarked/Endowment Funds Transferred to Funds) Income From Royalty, Publication etc. Interest Earned on Saving Bank A/c / FFD With Scheduled Bank 3 1,960,057.00 980,421.00 Other Income 34,451.00 increase/(Decrease) in Stock of Finished Goods and WIP Total (A) __1,994,508.00 980,421.00 Establishment Expenses Other Administrative Expenses 4 841,734.00 2,040,778.00 Other Expenses C 59.00 - Exposure Visits, IEC and Capacity Building Expenses 5 947,063.00 784,915.00 Expenditure on Grants,Subsidies etc. Interest Expended Depreciation (Net total at the year end Corresponding to Schedule of FA) Total (B) 1,788,856.00 2,825,693.00 Balance Being Excess of Income Over Expenditure (A-B) 205,652.00 (1,845,272.00) Transfer to Special Reserve (Specify) Transfer To/From General Reserve BALANCES BEING SURPLUS/ (DEFICIT) CARRIED TO CORPUS/CAPITAL FUND 205,652.00 (1,845,272.00) For P.S. atel & Co. For GUJARAT STATE WATERSHED MANAGEMENT AGENCY Charte d Accountants FRN 6557W CA Pankaj Patel \