D. R. PHIRAKE AND co. CHARTERED ACCOUNTANTS PROPRIETOR: CA. Digarnbar Ramkrishna Phirake, Bsc., F.C.A.(M.No...032892) Office:- 21, Housing Society, Shahu Nagar, JALGAON-425()()1 FRN... 115317W Mob: 9371236844; E-mail:-drphirake@hotmail.com FORM 5 [sce Regulation 41 ANNUAL REPORT ON STATEMENT OF ACCOUNTS To Toke And DhalceAssociates [Project: Varad Jleightsl SUBJECT:Report on Statetncnt of Accounts on Project Fund Deposit, Utilisation and Withdrawalby Toke And Phalce associates [Project: Varad Heightsl for the period 011041202? to 31103/_2023 with respect to MahaRERA Number 1'49900031133. 1 This Certificateis issued in accordancewith the provisions of Real Estate (Regulation and Developnent) Act, 2016 read along with the Maharashtra Real estate (Regulation and Development)(Registration of Real Estate Projects, Registration of Real Estate Agents, Rates of Interest and Disclosures on Website) Rules, 2017. 2 1haveobtainedall necessary information & explanation from the Promoter, during the course of our Audit, which in my opinion are necessary for the purpose of this certificate. 3 1herebyconfirm that I have examined the prescribed Registers, Books & Documents, and the relevantrecordsof Toke And Dhake Associates [Project: Varad Heightsl for the period ended 31/03/2023 and hereby certify that: A. DEPOSITS: Sr Particulars For this Fiscal Total for this No Year Project till date 1 Total amount collected from allottees 2 % of amount to be deposited as per Act 70% 70% 3 Amount to be deposited as per Act (1*2) 4 Total amount deposited in the Designated Bank Account 5 % of Amount deposited in the Designated Bank Account / (1) * 1001 6 Shortfall / (Excess) Deposit (3-4) Amountcollected/depositedat Sr. No..1 & 2, shall not include pass through charges & indirect Has the required proportion of the money collected from allottees, if any, the project units, as specified in the Act, o Yes Bank Account? deposited in the Designated RERA No If No,then please mention the amount QWiRAKe not deposited: Not Applicable FRN. O 0 0115317W cn JALWAON %ACCOO B. WITHDRAWALS: Sr Particulars For this Fiscal No Total for this Year Project till date 1 Opening balance of Designated Bank Account 2 Total Deposits 3 TotalArnount Withdrawn 4 Closing Balance (1 + 2 - 3) As specified in the Act, all the arnountswithdrawn during the year from Yes RERA Bank Account were within the withdrawal limit as certified under the No relevant Fortn 1, Forni 2, and Form 3 issued during the reporting period? Note: 1) The auditee•has neither provided us Form 1, Form 2 and Form 3 obtained for all quarters of year under audit for verification during this audit nor were these forms available for download at MahaRERA's Website. Note: 2) During the year under audit, the promotor had initially maintained Current A/c No.50200048976820held with HDFC Bank Ltd as its designated account for RERA purposes. However,please note that the promotor has subsequently changed its designated account for this project and the same as reportedon the MahaRERA's Website is held with Jalgaon Janta SahakariBank Ltd (Current A/c No.04021001357).Thus, we have reported the aforementioned information for both of those accounts put together. If no, please provide the below details- Sr. Date of withdrawal Amount of Excess Withdrawals Not Applicable Not Applicable C. UTILISATION: I certifythat, the Toke And Dhake Associates IPr_Qie.ct.z• Varad Heights.l has utilised the amountswithdrawnfrom the DesignatedBank Account towards Project Cost only, as specified in the Act. If no, please provide the below details- Sr. Date Amount not utilised for Project Cost Not Applicable Not Applicable D. ANY QUALIFICATIONS / OBSERVATIONS OF CA: 1 2 3 NIL 4 For Toke And Dhake Associates [Project: Varad Heights] For D. R. PHIRAKE PROMOTOR & CO. CHARTERED ACCOUNTANTS FRN. o 0 0115317W PARTNER JALGAON CA DIGAMBAR R. PHIRAKE Place: Jalgaon Date: 14/08/2023 % ACCOO PROPRIETOR M.NO.032892 FRN: 115317W UDIN:23032892BGVRK01702 Toke & Dhake Associates S.No.4812 Plot No.11A Shri Vallabh Nagar Behind Church Jalgaon 425001 Maharashtra India Profit & Loss A/c I-Apr-22 to 31-Mar-23 Particulars upr-22 to31-Mar-23 Particulars I-Apr-22 to 31-Mar-23 Opening Stock Closing Stock ConstructionExpenses (WIP) 67,69,875.00 Construction Expenses (WIP) 1, 77, 13,874.00 63,96,250.00 PN050GNo.152/4/f2Pimpra/a51250SqMtr 63,96,250.00 TDRPurchased 4,25,000.00 TDRPurchased 4,25,000.00 Purchase Accounts LabourCharges 44, 70, 877.00 MaterialPurchases 56, 19, 452.00 DirectExpenses AditchetFee 50, 000.00 Electric Bill 47, 920. RCC Desinging Charges 30,000.00 SiteExpenses 3,54,432.00 TDSExpenses 3,459.00 IndirectExpenses AdvertismentExpenses 6,600.00 Bank Charges & Commission 6,985.00 Insurance Charges 8,930.00 Interest on Bank Loan Interest on TDS 270.00 Law & Legal Expenses 55, 000.00 Processing Charges 80,000.00 ProfessionalFee 28,350.00 Nett Profit Total Total +1 RAKE For D.R.PHIRAKE & co CHARTERED ACCOUNTANTS FRN. o 0 0115317W JALGAON CÄTÄTFHIRAKE PROPRIETOR M.No.0328C? FRN.011531% PARTNER' a 4 AUG2023 UDIN•.23032892 GVRK01702 Toke & Dhake Associates S.No.4812 Plot No. 11A Shri Vallabh Nagar Behind Church Jalgaon 425001 Maharashtra India Balance Sheet I-Apr-22 to 31-Mar-23 Liabilities as at 31-Mar-23 as at 31-Mar-23 Capital Account Investments 16.66% 20, 69, 119.00 Shares Ja/.Janta Sah.Bank Ltd 1,00,100.00 Lena Cmt Capta/ A/c•f6 67% 31, 75,000.00 RipnÅF CapitalVc• 1667% CurrentAssets ,897.oo 32, 18,235.00 Closing Stock 124.00 lhs Kan DhakeCmtCapta/Vc-f666% 34% Deposits (Asset) 1,280.00 Cash-in-Hand Loans (Liability) Bank Accounts Gu/shane Raza Construction 1,480.00 Bank OD A/c Power LinkEngineers LLP 50, 000.00 CurrentLiabilities 5,500.00 Sunil Kumar Saini 2,845.00 TDSPayable 5,500.00 suspense A/c Profit & Loss A/c Opening Balance CurrentPeriod Total ,997.oo Total ,997.oo For D.R.PH'RAKE & CO. CHARTERED ACCOUNTANTS FRN. O 0 0115317W cn JALGAON CÄTįPHIRAKE PROPRIETOR M.No.032892 FRN.0115317W Il AUG 2023 PARTNER UDIN:23032892 B GVRK01702