Rashtriya Madhyamik Shiksha Abhiyan (Ow9tiS Hf4TWiIMrr tf, re W %M*0r41TMfhiR, AMI VFN qYrhM-462023) 1MmIw- si-Ir75-2561054, 54582 tWf- 91-0755-2583651. Email: np.rmsa@gmail.com RMSA2016\ 116 Bhopal Date t207t To, Director, Govt. of India, Ministry of Human Resource Development, Department of School Education and Literacy, Shastri Bhavan New Delhi. Subject:-Audit Report for the year 2014-15 of RMSA, .----------- ----00----- State has sent audit report of MSA for the year 2014-15 in Jan. 2015. As per discussion held in workshop of 31h june Audit report for RMSA has been revised. Revised Audit report is enclosed here with. (Si* raGuFta) Additional Project Director RMSA M.P. Bhopal RMSA\2016\ Bhopal Date I2O7.1-4 Copy to 1 Edcil New'Delhi. Additi rject iirector RMSA M.P. Bhopal STATUTORYAUDIT REPORT OF STATE-MADHYA PRADESH SCICEME- RMSA FINANCIAL YEAR 2014-15 Audited by S.L. Chhajed& Co. Chartered Accoui, tants, Bhopal A-i 2, Maharana Pratap N&Wa, S. L. CHHAJED & CO. Zone-, BHOPAL- 42011. Tel.: (0) 2553507, 2554474,2553960 CHARTERED ACCOUNTANTS. (R) 2464162,4277100 Fax: (0755) 2552766 e-Mail : chhajed_abhay0hotmall.com websits: www.slchhaledoo.com To The State Project Director, Rashtriya Madhyamik Shiksha Abhiyan Samiti, STATE OFFICE, MADHYA PRADESH. We have audited the accompanying financial statement of Rashtriya Madhyamik Shiksha Abhiyan Samiti, STATE-MADHYA PRADESH which comprise the Balance Sheet at 31st March, 2015, and theIncome & Expenditure Account and also the Receipt & Payment Accounts for the year ended, and a summary of significant accounting policies. and other explanatory information. Management's responsibility for the financial statements Management is responsible for the preparation of these financial statements in accordance with financial Management Manual issued by Government of India. This responsibility includes the design, implementation and maintenance of internal control relevant to the preparation of the financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on those financial statements based on our audit. We conducted our audit in accordance with the Standards on Auditing issued by the Institute of Chartered Accountants of India. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material 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 financial control relevant to the R6shtriya Madhyamik Shiksha Abhiyan Samiti, STATE -MADHYA PRADESH preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of the accounting estimates made by Management, as well as evaluating the overall presentation of the financial statements. We believe that our audit evidence we have obtained is sufficient and appropriate tq provide a basis for our opinion. Opinion In our opinion and to the best of our information and explanation give to us, the financial statement of Rashtriya Madhyamik Shiksha Abhiyan Samiti,STATE-MADHYA PRADESH for the year ended 31st March 2015 are prepared, in all material respects, in accordance with financial OPAL BRANCHES-: INDORE, RAIPUR,.BHILAI, MALEGAON, NAGPUR, DELHI Mlanagement Manual issued by Government of India and givC a Ltu CaId air view in ihIIIt with the accounting principles generally accepted in India. a) In the case of Balance Sheet, of State of Affairs of the concern as at 31,t March, 2015; b) In the case of Income & Expenditure Account, of the surplus of income over expenditures as on that date. c) In the case of the Receipts and Payments Account, of the Receipts and Payments for the year ended 31st March 2015. For S.L. Chhajed & Co. Chartered Accountants FRllN. 000709C Q(AE BHOPAL (CA Vijit Baidinutha Partner moc e M.No.406044 Place: 13hopal Date: 27.06.2016 1：、・11，、…－・引・■－.．■■■－ -，』：:-;―긷 ＿、＿一細：：一■一，一：,. ::―斗－ rz PE än /n/ ý2 bh UJ 一儲！· ！긱」’。 一！煎‘!，· 一！件 Ln T-.4 r-li en clý 峰 ,&－떼．。··―》［－떼，&;‘椎 一！：卜：斤． 一一響 一＿一：一、一＿、件＿ SIGNIFICANT ACCOUNTING POLICIES AND NOTES FORMING PART OF THE ACCOUNTS FOR THE YEARENDED ON 31s, -MARCH 2015. 1) SIGNIFICANT ACCOUNTING POLICIES Significant accounting policies adopted in the- preparation and presentation of the financial statements is as follow:- 1. Basis of Accounting- The Financial statements are prepared 'tinder ih historical cost convention in accordance with the Generally Accepted'Accounting Principles- in h-Ldia Rashtriya Madhyarniik Shiksha Abhiyan SIATE- MADHYA PRADESH is following the directives, and i nstruction issued by Government Of India, in respect of financial ' matters. from time to time which inter-alia'include allotments of funds,its utilization and submission of various reports. Keeping in view the objectives and nature of activities, the authority has followed cash system of Accounting. 2. Grant-In-Aid. Rashtriya Madhyan-dk Shiksha Abhiyan,, STATE-MADHYA PRADESH receiv es Grant-In-Aid from the Rasiltriya Madhyamik Shiksha Abhiyan ' Sariniti-Bhopal and incurs expenditure as per the allotted budge[ 011d instruction of the Government of India. The state office under RMSA receives funds for recurrin- Lind non recurring expense-s.- 3. Civil Works/Capital Work In Progress/Fixed Assets., Building/ Civil Works under construction and fund given to the construction agencies for construction Work are classified as Capital Work Irt Progr!ess, Thecost . of completed building is adjusted only after the receipt of detailed TecliWcal Evaluation Report/Cori pletion Certificate from the approved agencies. Expenses incurred for civil'under various schemer, viz. New/Upgraded School, Strengthening of Existing School, MajorRepairs etc'is capitalized to Fixed Assets on the basis of Completion Certificate received from implementing agencies. 4. Depreciation: No Depreciation is.charged on Fixed Assets.' 5. Accounting for Expenditure against Annual school, Grant & Minor Repair Grants: The expenditure against allocation of grant under Annual School Grant & Minor Repair to SMDCs is expensed out at the District level. 6. Accounting for Expenditure aga i n-st Monitoring, Management, Evaluation & Research (MMER): Expenditure incurred against the Mor-dtGring, Management, Evaluation & Research (MMER) is no t bifurcated but shown in single head i.e. MMER in the Financial Statements. 7. Interest/0ther income: Interest earned on balances in bank accounts is treated as Income & util.ized for d-te purpose of the project. B110PAL 11) NOTES FORMING PART OF THE ACCOUNTS; 1. Grant Received: The RMSA- State (M.P) has received total Grant of Rs. 285,69,49,000.00 (Rupees Two Hundred Eighty I'r Crores Sixty Nine Lacs Forty Nine Thousand only) by RMSA mission, Madhya Pradesh out if Rs.207,12,77,000.00 (Rupees Two Hundred Seven Crores Twelve lacs Seventy Seven Thousand only) received from Government of India, Ministry of Human Resource Develbpment, (Department of School Education & Literacy), New Delhi and Rs. 78,56,72,000.00 (Rupees Seventy Eight Crore Fifly Six Lacs Seventy Two Thousand only) from Government of Madhya Ptadesh during the financial year 2014-15. 2. Bank Balance: The state office-RMSA (M.P) maintains single bank A/c for Grant-In-Aid Genral & Capital Grant The Consolidated Bank balance of state office-RMSA tnder,. General Grant shows Cr. balance of Rs.5494,76,915.00 (Rupees Fifty Four Crores Ninety Four lacs Seventy Six Thousand. Nine Hundred Fifteen only) is due to overutilization of General-funds through Dr. Bank balance available under RMSA-Capital Fund amounting to Rs.15622,95,128.00 (Rupees One Hundred Fifij Six Crores Twenty Two Lacs Ninety Five Thousand One Hundred Twenty Eight only). 3. Capital Work in Progress: The Opening balance of Work in Progress A/c is Rs128201,52,734.00 (Rupees.One Thousand One Hundred Eighty One Crores One 'Ukh Fifty Two Thousand Seven Hundred Thitty Four only) and Closing balance as on 31,03.15 is Rs.136005,31,236.00 (Rupees One thousand Three hundred Sixty Crores Five Lacs Thirty One Thousand Two Hundred Thirty Six only), addition in WIP a/c during the year is Rs.19740,92,989.00 (Rupees One Hundred Ninety Seven Crores Fourty Lacs Ninety Two Thousand Nine Hundred Eighty Thousand Only) (Only RMSA). and. Rs. 3,73,42,004 (Three Croes Seventy Three Lacs Fourty two Thousand Four only) were recovered from constuction advance given to PWD and thus adjusted through Capital VIP. There is capitalization during the year in Fixed Assets on the basis of Completion Certificate received during the year for Rs, 18,37,14,487.00 (Rupees Eighteen Crores Thirty Seven Lacs Fourteen Thousand Four Hundred Eighty Seven only). Figures of Capital WIP have been regrouped.and rearranged wherever necessary. 4. Total Interest/Other Income Received; The total interest and other income at State office is Rs. 1157,72,165.00 (Rupees Eleven Crores Fifty Seven Lacs Seventy Two Thousand One Hundred Sixty Five Only) Lnd Rs. 48,86,654.00 (Rupees Fourty Eight Lacs Eighty Six Thousand Six Hundred Fifty Four only) respectively, received during the year and which is accounted for as income during the year. 5. Annual School Grant and Minor Repairs; Annual grant of Rs.3594,00,000.00 (Rupees 1hriry fivw (oren.s Ninety Four Lacs only) and Minor Repair Grant of Rs.1180,00,000.00' (Eleiven Crorestihty Iats cndy) hoave been disbursed by the STATE OFFICE, MADHYA PRADESH. AC 6. Monitoring, Management, Evaluation & Research; MMER grant of Rs.602,00,000.00 (Rupees Six-Crores Two Lacs only) has been disbursed to district by Ilw state office during the year. 7. Prior Period Adjustment: Receipts under current liabilities amounting to Rs.43,35,928.00 (Rupees Fourty Three Lacs Thirly oiv Thousand Nine Hundred Twenty-eight only) were treated as other inconie during the previous year 2013-14, now re-classified as Current -Liability and same is shown the under head "Current Liabilities", and previous year's figures have been regrouped & rearranged wherever necessary. 8. Toilet Construction: State Project Office has received Rs.50,00,00,000 (Rupees Fift Crores only) from M.P. State Govt. for the puprose of toilet construction at schools, is treated as current liability. As per our report of even date For S.I..CIHAJE D & CO. For RashtriyaMadhyamik Shiksha Abhiyan Chartered Accountants Madhya Pradesh V RN: 00(Y709C BHOPAL (CA. Vijit Baid n State Project r Ad Partner M.No. 406044 Place: Bhopal Date: 27.062016 A 0 . R-121, Maharana Pratap Nagar, S. L. CHHA JED & CO Zone-1, BHOPAL- 462011 CHE AT ITel.: (0) 2553507,2554474,2553960 CHARTERED ACCOUNTANTS (R) 2464162,4277100 Fax: (0755) 2552766 e-mail : chhajelabhay@hotrnall.com website: www.sichhajedco.com UTILISATION CERTIFICATE Utilization Certificate as revised (Grant-In-Aid General) for the year ended 31st March 2015 Name of the scheme: Rashtriya Madhyamik Shiksha A1h!yan(RMSA) Sr. Central State Total No. Total opening balance (recurring) as on beginning of the previous financial year -34536450 -10663 1 (as per audited accounts) Sanction letter F.no. 11-13/ 2014. sch-5 (Gen), dated 2.6.2014, F.no. 11-13/ 2014. sch-5 (SC) dated 2.6.2014, F.no. 11- 632727000 1 2.1 13/2014. sch-5 ST) date 29.5.2014 Sanction letter E.no. R/1/ full/ 2014- 421093000 0 421093000 2.2 15/1141 dated 17.02.2015 Sanction letter F.no. R/1/full/2014- 343118000 0 343118000 2.3 15 1125 dated 6.02.2015 Sanction letter no. and date no 2.4 RMSA/DPI 2014/689 date 29.4.2014 sanction letter no. and date no 0 210909000 210909000, 2.5 RMISAJDPI 2014/1206 date 2.8.2014 Sanction letter no. and date no RMSA/DPgOv/ 27/2014/ 20-2/ 34 & 0 254737000 254737000 2-6 33 date 30.3.2015 90493607.25 30164535.75 120658818 2.7 O r rece 0est 1452o95607.2 48425535.75 193732 1144 3Total recurEtn&_Vants. received 2216 1894943454 631647818 91 4 E?Ixdititre ma4dd this earM225_8759_ Unspent0balance (as9on5s0arch -4420470846.705 4589270529.001 5 2015 0 1. Certified that out of R. 139,69,80o/ of grant-in-aid sanctioned during the financial year 2014-15 in favour of Rashtriya Madhyamfik Shikcsha AbhiYanl Sanmiti vide Ministry of Human Resources Development, Department of School Education and Literacy Letter No's as indicated above and Rs. 5,64,89,20008 5 received a state share from the state 1. 1 De1 1176e eo an C BRANCHES : INDORE, RAIPUR, BHILAI, MALEGAON, NAGPUR, DELHI Govermnent vide letter no's as indicated above and Rs. 115772165- on account of interest earned and Rs. 48,86,653/- other receipts during the period 2014-15 and Rs. -14,11,67,675 On account of overspent balances of previous year, a sum of Rs. 2,52,65,91,672/- has been utilized for the purpose for which it was sanctioned and balance of Rs.-58,92,70,529/- remains overatilized at the end of the year. 2. Certified that I have satisfied myself that the conditions on whichthe grants-in-aid were sanctioned have been duly fulfilled. I have exercised the following checks to see that the Money was actually utilized for the purpose for which it was sanctioned. For S.L.CHHAJED & CO. For Rashtriya Madhyarnik Shiksha Abhiyan Chartered Accountants Madhya Pradesh FRN: 000709C E *BFiOPAL (CAViitBaidnmuth State Proet Director Add. Project Director Add.Lv tarw Partner W4.* Ric ZOM M.No. 406044 Place: hopalM Date: 27.06.2016 -s I CHHAJED & C . R-12, Mha Prt Naga, ., L. CHHl JED L & C Zone-1, BHOPAL- 462011 CHARTERED ACCOUNTANTS Tel.: (0)2553507,2554474,2553960 C T D C S(R) 2464162,4277100 Fax: (0755) 2552766 e-mall : chhaJettabhayhotmll.comn webpite: www.alchhaedco.com UTILISATION CERTIFICATE Utilization Certificate (Grants for creation of Assets)for the year ended 31st March 2015 Name of the scheme: Rashtriya Madhyamik Shiksha Abhiyan(RMSA) Sr. No. Central State Total Total opening balance (Non recurring) as on beginning of the previous financial year (as per audited 1977179588 660169529 2637349116 1 accounts Sanction letter no. F.No.11- 14/2014.sch-5 (Gen.) dated 7-8-2014, No. F.No.11-14/2014.sch-5 (ST) dated 7-8-2014 F.No.11-14/2014.sch-5 620100000 620100000 2.1 fSC.)dated 7-8-2014 Amount adjusted Rs. 151.07 lakh from VE through letter no. F.No.11- 15107000 3133000 18240000 2.2 14/2014.sch-5 Gen. dated 7-8-2014 Sanction letter no. F.No.1096-1r- 34/2014.sch-5 (Gen.),Sc,ST dated 39132000 39132000 2.3 31.12.14, No. F.No.11-14/2014. Sanction letter no. DPI/RMSA/2015, 13044000 13044000 2.4 378-379 dated 18.2.2015 Sanction letter no- DPI/RMSA/2015, 4130000 41300000 2.5 399-400 dated 26.2.2015 Sanction letter no. DPI/RMSA/2015, 163300000 000 2.6 401-402 dated 26.2.2015 Sanction letter no. DPI/RMSA/2015, 400300 4003000 2.7 403-404 dated 26.2.2015 21518588 8894959 3536468117 3 Total Non recurrin grants received 4 Ex enditure made durin ear * L ~ Un et blace1199727848 399909283 1599637131 Cenra Stat Totalc I. Certified that out of Rs. 67,43,39,OW0 /- of gram-in-aid sanctioned during the financial year 2014-15 mn favour of Rashtriya Madhyamilc Shiksha Abhiyan Samiti vide Ministry of Human Resources Development, Department of School Education and Literacy Letter No's as indicated above and Rs. 22,47,80,000/- received as state sh are from the state Government rOBHOPAL0 *RAN4CKJES INORE, RAJPUR BHILAI, MkEGAOCK NAGPUIR, DELHI vide letter no's as indicated above and Rs. Nil on account of interest earned and other receipts during the period 2014-15 and Rs. 263,73,49,116/- On account of unspent balances of the previous year, a sun of Rs. 193,68,30,985/- has been utilized for the purpose for which it was sanctioned and the balance of Rs. 159,96,37,131/- remains unutilized at the end of the year. 2. Certified that I have Satisfied that the conditions on which the grants-in-aid were sanctioned have been duly fulfilled. I have exercised the following checks to see that the Money was actually utilized for the purpose for which it was sanctioned. For S.L.CHHAJED & CO. For Rashfriya Madhyamik Shiksha Abhiyan Chartered Accountants Madhya Pradesh FRN: 000709C B,13HOPAL (CA. Vijit Baidmut 4d. ) Partner a-a M.No. 406044 *aW Place: Bhopal Date: 27.06.2016