"R5F11 *AssoaateE Charlered AcccuntanLe Offrce No 4B,5lh floor, bustness Day, Next lo KolakDank, C, Shrr Harr Narayan Kule \Aarq, Mumbar Naka, Mafoshree,Naqa Nashrk, \/taharaghlra 422OOZ 「 ORN15 ISee Regulation 4] Annual Report on Statement of Accounts CHARTERED ACCOUNTANT'S CERTIFICATE Dat e: 12. 05. 2022 To, Mr. Suhail Umar sheikh Shop il, Paraclise Heights, PIot No.9, S.No. 7 Waciala Road, Nashik SubiechRepoltonstatementofAccountsonProiectfunddeposit,utilizationandwithdrawal MEADOWS for the by l\4/s Creativ" io"*ttio"s for the proiect fIRADISE period from Or.oaiOZO to 31'03'2021 witir respect to MahaRERA Regn' Number 51600022204. ,Ihis provisions of the Real Estate (Regulation 1. certificate is issued in accordance with the ancl Development) Act, 2016 read along with the Maharashtra Real Estate (Regulation Proiects' Registration of Real Estate Agents' andDevelopment) (Registration of Real Estate Rates of lnterest antl Disclosures on Website) Rules' 2017' and explanation from the Promotel' during the We have obtainecl all necessary information certificate' are necessary for the purpose of this course of our audit, which in Jur opinion books and documents' We hereby confirm that, we have examined the prescribed registers' 3. 31st March Constructions for the period ended anrl the rerevant records of r\4/s Creative 2021 and herebY certilY that: 暉¨ A. Deposits: Tot al f Or t hi s Y ear F .Y . 2020-21 Pr Oj eCt t i l l dat e i . e. 3103. 2021 Total amount cott"E"d from ,ttottG 13′ 146′ 000 oo %of amount to b" d"porifi us p;; Amount to be deposite-dEplilctE5 rotal u-or.,t--TGllGa--G--Ef Designated Bank Account 鶴会 巴 SI 10r t f an/ Excess depOi t c̲4) 51′ l oo o0 l oo Oの "61′ Amount collected/ deposited q! u.r\u I1 & -e at Sr.No or z, 2, shall not include pass through charges and indirect taxes. Has the required proportion of money collected from arottees in the act, deposited in the Designated of the project units, as specifiecl RERA Bank Account? : yes If No, please mention the amount not deposited. B. 1年 i t hdr awal s: V 郵 r t t I FT可 棚 聖ぬl Dept t i 惚 l oral amount withdrawn 11′ 648′ 3oo ob 11′ 64乙 7130o 椰 ⑮ Reconciliation between Total Deposit in Bank and l)eposit considered in Table A above. Particulars Amount (I{s) 'l'otal Deposit in Designated Bank Account 5,439,300.00 Less: Self-funds depositecl 626,100.00 Total amount deposited in the Designated Bank Account as per 4,813,200.00 'I able A above As specificd in the Act, All the amounts withdrawn. cluring the year from RERA Bank Account were within the withclrawal limit as certified under the relevant Form 1, Form 2 and Form 3 issued during the reporting period? : Yes If No, Please provide the below details: - Sr . No I)ate of withdrawal Amount of Excess Withdrawals 1 1 Not Appl i cabl e Not Applicable C. Utilization: we certify that, the I\4/s Creative Constructions has utilized the amounts withdrawn from clesignated bank account towards proiect cost only, as specified in the act. If t.r-o, Plcase provitlc the belou, details: - Sr.No [ ) at c Amount not utilized for proiect cost 1. Not Applicable Not Applicable I).Any Qualification/ Observations of CA We have conducted our engagement and effi on Auditing, Guidance Note on Reports and Certificates for special purposes and other applicable authoritative pronouncements issued by the Institute of Chartered ＬＦ Ｌ Accountants of Inclia. Wt confirm our compliance to alt such applicable ￨ pronouncements and with the ethical requirements of the Code of Ethics issuei bv the Institute of Chartered Accountants of India. I t i s t he pr i ma7 r eSPOnsi bi hけ Of t l l e management Of ヽs Cr eat 市 e Const r uct i ons t O prepare, produce and maintain aI accounting and other rerevant supporting records and documents required for the purpose of this certificate. This responsibiliryLcrudes the design, implementation and maintenance of necessary and appropriaie internal conせ ol cOl l l l ■ l ensur at e v′ i t h t he nat ur e and si ze of eni As per sel f cer i ncaI on obt ahed f r om■ e nt anagement ′ ふe amOunt s wi t hdr awn f r Om t he desi gnat ed bank accOunt ar e ui l i zed t Owar ds pr Ol eCt COst Onl y HO、 / ever ′ i t i s nOt possible for us to verify the end use of funds withdrawn from designated bank account on one-to-one basis since the requisite recorcr for such verification is not available with us. But while certifying on uhlization, u,e have relicd on the expenditure as per books of accounts produced before us *hich shows that the expenditures incurred on the project are more than total amount collected from customers till the end of financial year on cumulative basis. Percentage of completion is calculated u. p".@ accounts divided by the total estimated cost to complete the project. I t i s Obser ved t hat pr Omot er has used dl e desi gnat ed Bank AccOunt f or ot her transactions also. The amounts received from other than allottees were also depositecl in the designated Bank account. Promoters were advised to use the RERA bank account onlv for the collections from allottees. Yours faithfully, For RSPH and Associates Chartered Accountants 奏動″ ― 『 CA Par esh P Sabadr a ̲ Par t ner M No l 19544 UDI N: Dat e: 12052022 Pl ace: Nashi k Name: Designation: Date: