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Financial Projections for L.N. Trading

The document outlines the interest schedule and maximum permissible bank finance for L. N. Trading Company from 2023-24 to 2027-28. The company has a proposed/sanctioned amount of 10,00,000 with a consistent interest rate of 10%, resulting in an annual interest of 1,00,000. Additionally, the maximum permissible bank finance increases from 14,81,250 in 2023-24 to 24,18,750 in 2027-28, with a positive eligibility status throughout the period.

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CA Mohit Garg
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47 views1 page

Financial Projections for L.N. Trading

The document outlines the interest schedule and maximum permissible bank finance for L. N. Trading Company from 2023-24 to 2027-28. The company has a proposed/sanctioned amount of 10,00,000 with a consistent interest rate of 10%, resulting in an annual interest of 1,00,000. Additionally, the maximum permissible bank finance increases from 14,81,250 in 2023-24 to 24,18,750 in 2027-28, with a positive eligibility status throughout the period.

Uploaded by

CA Mohit Garg
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Interest Schedule of L. N.

TRADING COMPANY
Estimated Projected Projected Projected Projected
Particulars Note No.
2023-24 2024-25 2025-26 2026-27 2027-28
CC Proposed/Sanctioned Amount a 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000
Estimated Utilisation % b 100.00% 100.00% 100.00% 100.00% 100.00%
Estimated Utilisation Amount 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000
CC Interest Rate c 10.00% 10.00% 10.00% 10.00% 10.00%
Interest on CC 41 1,00,000 1,00,000 1,00,000 1,00,000 1,00,000

Maximum Permissible Bank Finance Schedule of L. N. TRADING COMPANY


Estimated Projected Projected Projected Projected
Particulars Note No.
2023-24 2024-25 2025-26 2026-27 2027-28
Gross Closing Stock a 12,00,000 15,00,000 18,00,000 20,00,000 21,00,000
Less :- Sundry Credits b 1,25,000 1,40,000 1,75,000 1,90,000 2,25,000
Net Closing Paid Stock C = (a-b) 10,75,000 13,60,000 16,25,000 18,10,000 18,75,000
Sundry Debtors D 9,00,000 10,00,000 11,00,000 12,20,000 13,50,000
Approx. 75% Eligible Amount F = (C+D) *75% 14,81,250 17,70,000 20,43,750 22,72,500 24,18,750

Maximum Permissible Bank Finance Rs. 14,81,250 17,70,000 20,43,750 22,72,500 24,18,750
CC Proposed/Sanctioned Amount 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000
Eligibility of MPBF (Positive/Negative) Positive Positive Positive Positive Positive

Place (FOR L. N. TRADING COMPANY)

Date
(Authorised Signatory)

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