Loss Cooperative Societies(Under RCS) - Primary Agricultural Credit Societies(PACS) - 2021-2022
Society Details
| 1 | Full name of the Society | Muzhappilangad Service Co-Op Bank Ltd. | ||||||
| 2 | Register number of the Society | F1756 | ||||||
| (a) | Date Of Registration | 23-02-1916 | ||||||
| (b) | Date Of Starting | 20-10-1916 | ||||||
| 3 | Classification of Society | CoOperative | ||||||
| Subclassification of Society | Primary Agricultural Credit Societies(PACS) | |||||||
| 4 | ICDMS ID | S/KNR/70/01/01756 | ||||||
| 5 | District | Kannur | ||||||
| 6 | Taluk | Kannur | ||||||
| 7 | Circle | Kannur | ||||||
| 8 | Unit | |||||||
| (a) | Administration | Co operative Department | ||||||
| (b) | Audit | Co operative Department | ||||||
| 9 | Type of Audit | Concurrent-Group | ||||||
| (a) | Audit Classification | B | ||||||
| 10 | Year of Audit | 2021-2022 | ||||||
| 11 | Name and Designation of Auditor | Name | Designation | |||||
| Anitha K | Senior Auditor | |||||||
| 12 | Date of completion of final audit | 22-08-2022 | ||||||
| 13 | Date of submission of final audit note | 22-08-2022 | ||||||
| 14 | No of members | Individuals | Govt | Other Societies | Total | |||
| 39380 | 1 | 0 | 39381 | |||||
| (a) | Nominal/Associate members | 34936 | ||||||
| 15 | Share capital | Authorised | Subscribed | Paid Up | ||||
| 1.95 Cr | 67.69 L | 67.69 L | ||||||
| 16 | Deposit | Fixed | Savings | Current | Recurring | Others | Total | |
| 44.86 Cr | 10.89 Cr | 14.67 L | 9.24 L | 2.87 Cr | 58.86 Cr | |||
| 17 | Borrowing | From Central CoOperative Bank | From Govt | others | Total | |||
| 45.79 L | 0 | 0 | 45.79 L | |||||
| 18 | Interest Paid and due | Paid during the year | Due at the end of the year | |||||
| 3.54 Cr | 1.41 Cr | |||||||
| 19 | Loans to members | O/S at the Beginning | Disbursed DY | Total | Repaid DY | O/S EY | ||
| 38.52 Cr | 39.6 Cr | 78.12 Cr | 37.6 Cr | 40.51 Cr | ||||
| (a) | Agricultural Loans | 2.53 Cr | 1.9 Cr | 4.43 Cr | 2.31 Cr | 2.12 Cr | ||
| 20 | Miscellaneous income | 42.51 L | ||||||
| 21 | Establishment and Contingencies | Establishment | Contingencies | |||||
| 1.72 Cr | 75.31 L | |||||||
| 22 | Staff Provident Fund Deposit | 0 | ||||||
| 23 | Investment of Staff Provident Fund Deposit | 0 | ||||||
| 24 | Undistributed Profit at the end of the year | 81002.61 | ||||||
| 25 | Final position of funds reserves and other liabilities credited through appropriation of net profit | 25.68 L | ||||||
| 26 | Funds/Provision created by the charging the PL account | 7.56 Cr | ||||||
| 27 | Investments | RF inv | UnInvested | Total | ||||
| 2.66 L | 5.01 L | 7.67 L | ||||||
| 28 | Other funds | 272.12 | ||||||
| 29 | O/O General working Fund | 39.45 L | At the end of the year | 40.71 L | ||||
| 30 | Movables and Immovables | 1.3 Cr | ||||||
| 31 | Particulars of depreciation Fund | 49.22 L | ||||||
| 32 | Particulars of disposals | 5.4 L | ||||||
| 33 | Cash at Bank | Fixed | Savings | Current | Others | Total | ||
| 3.03 Cr | 1.46 Cr | 81.08 L | 0 | 5.3 Cr | ||||
| 34 | Valuation of investments | 40.7 L | ||||||
| 35 | Value of stock in trade | 31.33 L | ||||||
| 36 | Government of assistance | 1.1 L | ||||||
| 37 | Grant and Subsidy | 18.16 L | ||||||
| 38 | Guarantees | 0 | ||||||
| (a) | Chitty/MDS | Total no of chitties | Total SALA | |||||
| 0 | 0 | |||||||
| 39 | Due to Society | 1.55 Cr | ||||||
| 40 | Due by Society | 27.18 L | ||||||
| 41 | Sale of goods | 1.41 Cr | ||||||
| 42 | Purchase of goods | 1.45 Cr | ||||||
| 43 | Opening Balance | 48.18 L | ||||||
| 44 | Closing Balance | 64.91 L | ||||||
| 44 | Gross | Profit | Loss | |||||
| 0 | 5.75 L | |||||||
| 45 | Net | Profit | Loss | |||||
| 0 | 14 Cr | |||||||
| 45 | Current Year | Profit | Loss | |||||
| 0 | 2.55 Cr | |||||||
| 46 | Working Capital | 59.8 Cr | ||||||