RSPIl{.Assodates Chartered AccovntantE Olhce No 5O2, Radtance bvldnq, Next to Body Lrne 7ftness Gym, O77osfte Ved Mandrr, Tnmbak Road ,Nastk -422 oo2. T-253-23 I 677 3,23 I 677 4, 09370 t t 67 6G FORM 5 ISee Regulation 4] Annual Report on Statement of Accounts CHARTERED ACCOUNTANT'S CERTIFICATE Datci 30.01.2023 To, The Partners, Saarthak Constructions, Office No. 2, Liberry Point, Sharanpur Road, Near Union Bank, Racca Colony, Nashik (M Corp.), Nashik - 422002. Subject: Report on Statement of Accounts on Project fund deposit, utilization and withdrawal by for the project'SAARTHAK GARIMA' for the period lrom 01.04.2021 to 31.03.2022 with respect to MahaRERA Regn. Number: P51600018278. l. This certificate is issued in accordance with the provisions of the Real Estate (Regulation and Development) 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. Z. We have obtained all necessary information and explanation from the Promoter. during the course of our audit, which in our opinion are necessary for the purpose of this certificate. 3. We hereby confirm that, we have examined the prescribed registers, books and documents, and the relevant records of 'SAARTHAK CONSTRUCTIONS' fbr the period ended 31st March2022 and hereby certify that: / A. Deposits: Amount(Rs) Ｓ Ｎ ｒ． l)a rticula rs For this Fiscal Total for this ︒ ０ Year projcct till date Y2021… 22 i.c。 ,31.03。 2022 '['otal amount collected 「 ￨ fiom allottees 9306,46.013.00 30,91,30,121.00 うん oZof amount to be deposited as per act 700/0 700/0 3 Amount to be deposited as per act(1x2) 6,34,52,209.10 21,63,91,084.70 4 Total amount deposited in the 5,68,97.409.10 22,30,80,317.50 Designated Bank Account 5 %of Amount deposited in Designated 62.770/0 72.160/0 Bank Account [(4y(1)* 100] 6 Shortfall / Excess deposit (3-4) 65,54,800.00 (66,89,232.80) Amount collected/ deposited at Sr. No 1 & 2, shall not include pass through charges and indirect taxes. Has the required proportion of money collected from allottees of the pro.iect units, as specified in the act, deposited in the Designated RERA Bank Account? No. If No, please mention the amount not deposited. Rs.65,54,800.00 during the Fy 2021- 22. B. Withdrawals: Amount (lts) Sr.N Particula rs For this Fiscal Total for this O。 year projcct till date F Y 2021‐ 22 i.e., up to 31.03.22 HDFC Bank HDFC Bank A/c A/c No。 No.570000037985 570000o379858 8 l Opening Balance of Designated Bank Account つ４ Tota 堕 itS 6,03,40,128.10 18,06,39,645.20 3 Tota amount withdrawn 6,03,40,128.10 18,06,39,645.20 4 Clos 堅三Balancc Nil Nil Note: Deposits in designated bank account includes Infrastructure and l)cl'elopmcnt chargcs over ancl abovc the agreement value of the customers. Page 2 of 6 As specified in the Act, All the amounts withdrawn during the year fiom RERA Bank Account were within the withdrawal limit as certified under the relevant Form 1. Form 2 and Form 3 issued during the reporting period? (Yes / No): No, as per CA certificate as on 31.01.2021produced before us. Sr. Date of Amount of Excess No。 rvithdrawal Withdrawals Rs. 1 25‑」 ul‑21 l.036.000.00 2 29‐ Jul‑21 85、 400.00 3 31‑Jul‑21 1,875,300.00 4 31‑Jul‑21 793.800.00 くυ 03‑Aug… 21 185,290.00 6 04‑Aug‑21 398,300.00 7 11‑AuR‑21 355、 600.00 8 13‑Aug‑21 4,32.600.00 9 18‑AuA‑21 7,04,900.00 0 19‑Aug‑21 35,000.00 l 21‑Au2… 21 5,38,300.00 つ４ 22‑AuR‑21 2、 35.200.00 うＤ 24‑AuR… 21 6.40、 500.00 4 28‑AuR‑21 1.63.100.00 5 30‑Au2‑21 16.41.50000 6 31¨ AuR‑21 3.50,000.00 7 02‑Scp‑21 35,000.00 8 03‑Sep‑21 2,13,500,00 9 05‑Scp‑21 6,99,650.00 20 07‐ Scp‑21 7.48,381.20 21 10‑Scp‑21 22,967.70 つ ４ つ４ 11‐ Sep‑21 56.000.00 23 14‑Scp‑21 14,700.00 24 15… Sep‑21 35,700.00 くυ つ４ 22‑Scp‑21 70.00 26 23‑Scp‑21 17,56,218.80 27 24‑Scp‑21 3,76,600.00 つ４ ００ 35,000.00 25‑Scp‑21 29 25‑Scp‑21 2,61,800.00 30 26¨ Scp… 21 1,77,800.00 つＪ 28‑Sep… 21 3.55,950.00 32 30‑Sep‑21 3,50,000.00 うＤ うＤ 01‑Oct‑21 30、 81.400.00 34 20‑Oct‐ 21 22,20,000.00 くυ うＤ 26‑(Dct‑21 19,99,250.00 36 27‑(Dct‑21 77,420.00 ７ 70,000.00 ３ ８ 28‑Oct‑21 1,501,344.60 ３ 29‑Oct… 21 Page 3 of 5 39 30‐ (Dct‑21 165、 900.00 40 31‐ Oct‑21 344、 185.80 41 01‑Nov‑21 13898,400.00 42 03‑Nov‑21 157,500.00 43 04‑Nov‑21 147.000.00 44 09‑Nov‑21 72,800.00 45 16‐ Nov‑21 29,400.00 46 18‐ Nov‑21 21.000.00 47 25‐ Nov‑21 301,420.00 48 26‑Nov‑21 200.200.00 49 27‑Nov‑21 144,900.00 50 01‑Dcc‑21 505,400.00 51 02¨ Dcc‑21 101,640.00 52 03‑I)cc‑21 1143044.00 53 08‑Dcc‑21 350。 000.00 54 09¨ Dcc‑21 75,600.00 55 10‑I)cc‑21 122,500.00 56 10‐ lDcc… 21 17,500.00 57 16‑Dcc‑21 14,000.00 58 22¨ Dcc… 21 70,000.00 59 25‑Dcc… 21 109,179.00 60 28‑Dcc‑21 324、 800.00 61 29‑Dcc… 21 110,600.00 62 30‑Dcc‑21 2,964,280.20 63 31‐ Dcc‑21 1,316,910.70 64 31‑Dcc… 21 2,310,863.80 65 17‑Jan… 22 13104,740.00 66 31‑Jan‑22 1、 621.550.00 67 31‑.lan‑22 179,200.00 68 03‑Feb‑22 410,760.00 69 06‑Fcb‑22 551,950.00 70 08‑Fcb… 22 170,800.00 71 11‑Fcb‑22 87,500.00 72 18‑lrcb‑22 4653019● 80 73 19‑Feb‑22 261,800.00 74 23‑Fcb‑22 553,420.00 75 03‑Mar‑22 55,650.00 76 04‑Ⅳ Iar‑22 1,085,000.00 77 06‑Mar‑22 580,300.00 78 10̲ル Iar‑22 42,000.00 79 15‑Ⅳ Iar… 22 70,000.00 80 23‑Mar̲22 1,623,300.00 81 28‑Ⅳ Iar̲22 70.000.00 82 29̲Ⅳ Iar… 22 35.000.00 If no. please provide the below details: Page 4 of 6 Note: The figures of excess withdrawal reported above is only to the extent of amount transferredfrom 70% bank account. However, it is not possible for us to quanti/y date wise excess withdrawal from bank occount other than designated bank accounts on one-to-one bosis since it also includes funds related to infrastructure and Development charges os per contention of the promoter. C. Utilization: We certify that Saarthak Constructions has utilized the amounts withdrawn from designated bank account towards project cost only, as specified in the act. [See Note No.3l If no, please provide the below details: - ｒ︐︒ Datc Amount not utilizecl tbr project cost Ｓ Ｎ 1 Not Aoolicable Not Applicablc I). Anr Qualilication / Observations of CA We have conducted our engagement and examination in accordance with standards on Auditing, Guidance Note on Reports and Certificates fbr special purposes and other applicable authoritative pronouncements issued by the Institute of Chartered Accountants of India. We confirm our compliance to all such applicable pronouncements and with the ethical requirements of the Code of Ethics issued by the Institute of Chartered Accountants of lndia. It is the primary responsibility of the management of Saarthak Constructions to prepare, produce and maintain all accounting and other rclevant supporting records and documents required for the purpose of this certiflcatc. This responsibility includes the design, implementation and maintenance of necessary and a iate internal control commensurate with the nature and size of cnti We have relied on last year RERA annual report for reporting on the figures 31.03.2022 on cumulative basis. Page 5 of 6 4. As per self-certification obtained from the management, the amounts withdrawn lrom the designated bank account are utilized towards project cost only. While certifying on utilization, we have considered the f'act that the promoter has obtained completion certificate from Nashik Municipal Corporation dated 31st May. 2022 lbr Wing A and dated 1Oth November, 2020 fbr Wing B as per copy uced before us. The copy of the same is attached herewith. Yours faithfully. FoT.RSPH&Associates Chartcrcd Accountants pに CA Paresh P Sabadra Partner Membcrship No.: I 19544 tJDIN: 23 I I 9544BGUNY84977 Date: 30.01 .2023 Place: Nashik ,\grecd and accepted by: I:or Saarthak Cousttucti on s l!:. ilil'. Signature of Promoter Name. Mr.Hrishikesh Summanwar Designation: Partner Date:27 .01 .2023 Place: Nashik Pago 6 of6