Annual Financial Statement 2025-26

Here is a summary of the financial statements and trial balance report for Engandiyur Grama Panchayat Office for the financial year 2025–2026 (ending March 31, 2026):

 

1. Financial Position Summary (Balance Sheet)

Fund & Liabilities Summary

  • Municipal (General) Fund [Code 310]: Total of ₹20,410,069.
    • Includes a General Fund balance of ₹2,420,561, Excess Income over Expenditure of ₹15,821,660, and Suspense account balance of ₹2,167,848.
  • Earmarked Funds [Code 311]: Total of ₹297,372 (Distress Relief Fund: ₹112,903; Endowments: ₹184,469).
  • Reserves [Code 312]: Capital Contribution of ₹47,680,185.
  • Grants & Specific Purpose Contributions [Code 320]: Total of ₹22,729,223.
    • Key components include Central Finance Commission Tied Grant (₹6,710,700), CFC Untied Grant (₹5,349,152), Integrated Child Development Service (₹4,588,116), and Health Grants (₹3,341,852 total across PHC conversion, diagnostic infrastructure, and buildingless subcentres).
  • Secured Loans [Code 330]: Loan from HUDCO amounting to ₹438,980.
  • Deposits Received [Code 340]: Total of ₹5,280,942 (includes Security Deposits of ₹2,658,992 and Other Deposits of ₹1,665,763).
  • Other Liabilities [Code 350]: Total of ₹2,813,816 (includes Net Salary Payable of ₹655,473 and Refunds Payable of ₹1,363,912).

Asset Summary

  • Fixed Assets [Code 410]:
    • Gross Fixed Assets: ₹85,671,012 (major components: Drainage systems at ₹39.11M, Land at ₹4.87M, Furniture & Electricals at ₹4.45M, Side Walls at ₹4.49M, and Culverts at ₹4.19M).
    • Accumulated Depreciation: (₹40,609,872) (highest depreciation against Roads at ₹21.58M).
    • Net Fixed Assets: ₹45,061,140.
  • Investments [Code 420]: ₹162,501.
  • Sundry Debtors / Receivables [Code 431]: Total of ₹12,189,118 (primarily Government redemption receivables of ₹8,770,200 and Revenue Recovery receivables of ₹3,589,866).
  • Cash & Bank Balances [Code 450]: Total of ₹40,135,119 (Cash: ₹16,996; Bank balances across all accounts: ₹40,118,123).
  • Loans, Advances & Deposits [Code 460]: Total of ₹2,102,709 (includes advances to implementing agencies of ₹1,346,742 and MGNREGS advances of ₹753,967).

2. General Ledger Trial Balance Highlights

The Trial Balance for the period of 2025-04-01 to 2026-03-31 balances perfectly with total Debit and Credit transactions at ₹626,864,045 and closing balances at ₹333,756,370.

Major Revenue Sources

  • Transferred Schemes/Functions Grants: Old Age Pensions (₹46.40M) and Widow Pensions (₹26.30M).
  • Development & Maintenance Grants: General Development Fund (₹14.65M), SCP Development Fund (₹14.16M), Road Maintenance Fund (₹12.57M), and General Purpose Fund (₹13.75M).
  • Tax & Fee Revenues: Residential Property Tax (₹3.54M), Non-Residential Property Tax (₹4.39M), and Employee Profession Tax (₹1.36M).

Major Expenditure Areas

  • Social Security & Welfare Schemes: Old Age Pensions (₹46.40M), Widow Pensions (₹26.30M), Poverty Eradication Programs (₹16.62M), and Housing/Electrification Assistance (₹16.87M).
  • Public Infrastructure Maintenance: Road maintenance and construction expenditure (₹12.15M).
  • Administrative Costs: Permanent staff salaries (₹9.83M).

  • Annual Financial Statement 2025-26