DIAS AR GASP de TENNIS UBE CL
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CLUBE TENNIS de GASPAR DIAS
Transcript of DIAS AR GASP de TENNIS UBE CL
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To all Members,
Notice is hereby given that the Annual General Body Meeting of Clube Tennis De Gaspar Dias will be held on Sunday 13th September 2020 at 10.30 a.m. to transact the following business:-
1. To read the Notice convening the meeting.2. To confirm and approve the minutes of the Last Annual General Body Meeting held on 15-09-20193. Compliance report by the President4. To consider and adopt the audited Statement of Accounts, Annual Report and the Auditor’s Report there on for the year 2019-205. To approve the Budget for the next financial year 2020-20216. Appointment of the Auditors for the year 2020-2021.7. Any other business with the permission of the Chair.
Gaurish M. Dhond
Chairman General AssemblyNOTE:a) In view of the COVID-19 and increasing number of cases in Panaji/Goa, the AGM will be a virtual meeting only by remote communication through an internet webcast. Details of the links to join the AGM will be sent to all members by email/sms prior to the meeting date.
b) Members having any queries regarding the Annual Report or Statement of Accounts are requested to submit the same in writing to the Hon. Secretary on or before 31st August 2020.
c) Only written queries received by the due date will be entertained at the time of the General Body Meeting.
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CLUBE TENNIS de GASPAR DIAS
Sitting – Front Row (L to R): Shri Edwin De Menezes -(Jt. Secretary), Shri Rajesh Dempo – (Vice President),Shri Rajesh Khaunte-(President), Shri. Sunil Naik - (Hon. Secretary), Shri. Ashish Prabhu Verlekar-(Treasurer),Shri Prasad Keni-(Jt. Treasurer)
Sitting - Back Row (L to R): Shri. Sahil Adwalpalkar,Shri Aakash Khaunte, Shri. Yogesh Nadkarni, Shri. Manoj Caculo, Shri. Nitin Sud.
THE MANAGINGCOMMITTEE (2017-2020)
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Warm greetings to all our esteemed members.As I wind up the 3-year mandate I was given as President of your club , my thoughts are overwhelmed by the magnitude of affection, cooperation and unstinted support that I received from each one of you.My term of 3 years as the President of your club has been a very exciting one. It has truly been a pleasure and privilege to serve the Club and contribute to the overall growth in its stature. I was fortunate that I took over the reigns of the Managing committee on a very strong legacy and foundation laid by my predecessors. I was also fortunate to have had committed members in my team who always complimented each other.From the onset, this management committee had set itself3 main goals. 1. Expand and upgrade the club infrastructure and facilities.2. Ensure that the Primary objects of the club are fulfilled by Expanding membership engagement through social events, sports and fun & frolic activities3. Expand revenue streams of the club.
As we look back on the accomplishments of the past 3 years, we feel proud that we stayed committed to the goals with a sense of purpose and achieved more than what we set out for.Infrastructure & facilities - We completed the following projects:• The grand new air conditioned 400 pax capacity AC hall - now named “Sala -de- Gaspar”. • The new badminton court.• Renovation of lobby and washroom facilities.• State of the art library.• Creation of lounge area for informal meetings.• 2 New Generators for the club of 250 KVA. • Major repair of swimming pool and replacement of lights.• Installation of bio-digester for wet waste Management. • Creation of a Photo gallery depicting the history of the club and Panaji city of yesteryears.• Installation of access control systems for members.• Creation of play area for children (under progress).• We upgraded the facade of the entrance building giving a heritage look to our grand old club. • The Solario hall has been taken up for renovation and will have a grandeur look. • Resurfacing of the Tennis courts.
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Membership engagement – We accomplished the following:In the very First year of my term we appointed an Entertainment committee and a Sports committee with active members who ensured • Restarting of the traditional Diwali Dhamaka, Childrens’ Day Christmas kids Party and New-year Eve celebrations • Fortnightly Saturday Housie.• Multitude of cultural events and sports tournaments to engage members and their families in participating in club activities Revenue stream:-With upgrade of the facilities and infrastructure, the club has been receiving a record number of footfalls year-on-year. The club’s popularity has also grown multi fold all across the country thereby achieving many more reciprocal affiliations with other clubs. All of this has resulted in increased revenue through new memberships, higher room occupancy and hiring of club facilities for events and celebrations. I can confidently say that your Club’s balance sheet today is stronger than ever along with a strong visibility of revenue stream barring the impact created by COVID 19.
I am happy to see “Clube Tennis de Gaspar Dias” standing among the prestigious clubs in the country and I am sure with the strong foundation that we now have in terms of infrastructure, management team, revenue stream and above all membership engagement, the club will continue to flourish in the years to come.
I would like to put on record the contribution made by several of our members in helping the club achieve its goals. I am sure without this support the challenging projects and activities we took on and accomplished successfully, would not have been possible. I would also like thank the staff and managing team of the club whose dedication and loyalty has ensured the smooth functioning of the club and has been instrumental in providing an outstanding service to our members that our club is known for.
Last but not the least I would like to thank all the members of the Managing committee during my three year tenure each of whom have contributed in their own way to make my term a smooth and accomplished journey.
But for COVID situation I was hoping to meet you all at our AGM and share ideas and thoughts as we do each year, but I guess this may now have to take place online as is the case with everything else.
I once again thank each one of you for your support and pray that you all stay safe in those challenging times for all of us.
As I sign off this last report of my term as The President, I would like to assure you that I will forever cherish my time at the helm for the rest of my life. Dev Boren Korun.
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Dear Members,
Very warm greetings to all our dear members!!!Since this is mine, as well as the entire Managing Committees last year in the office, for the period2017 – 2020:
It is a great pleasure and very proud privilege for me to pen down my report for the year 2019-2020.
It is almost three years have passed that I have been discharging my duties as Hon. Secretary and expectantly to best of my abilities and to your satisfactions.
At the onset, I do not have words to express to you all, my sincere gratitude for your immense Co-operation extended to us, during heinous Corona Pandemic – 19. And during this time we had no other alternative, but to suspend all our activities from 23 March, 2020; in accordance with the Government notification.
I, on my personal behalf, as well as on behalf of the entire Managing Committee, would like to once again reiterate my profuse thanks to you, for your copious support and co-operation extended to us, for the last three years.
With great pride, I would like to inform you that our Club has been spreading its wings in all departments/activities, may it be Sports or Social front and or furthering the Development of our Club in particular. It will not be out of place for me to mention here that our club has always been climbing stepladder of success.
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It’s always said thatActions are the louder expression of thought.The quality of thought is ordered by the nature of our inner belief and faith.
It is pertinent to mention here that the President and the entire Managing committees, action has always been louder than the expressions. And the same is absolutely mani fested f rom the EVENT DIARY AND THE PHOTOGRAPHS, SHOWING THE DEVELOPMENT.
The greatness is not we do, but, unavoidably it is always in how we do and what we do!!!!!!! I am sure that in case we have left some unaccomplished task/s, than the new Committee will certainly accomplish the same, without any doubt. Whilst concluding, I shall be failing in my duties, if I do not convey my thanks to all our dear members, President, the entire Managing Committee, Entertainment Committee, Sports Committee, Development Committee and last but not the least, not forgetting our General Manager, Susai Fernandes and the entire staff, for all their support extended to me for the last three years.
Needless to state here that your health and wellbeing is our top priority, since together we have to fight, towards tiding over the COVID-19 situation.
STAY FIT & STAY HEALTHY.
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EVENT DIARYSPORTSü The Goa Bridge Association in association with our club, as well as in association with the Goa Bridge Association held “All India Bridge Tournament” from 19th July 2019 to 21st July 2019. The tournament was a big Success. The Chief Guest for the said tournament was her Excellency, Governor of Goa Smt. Mridula Sinha, who gave away the prizes to all the winners and runners-up.ü Clube Tennis de Gaspar Dias organised All Goa Table Tennis Championship 2019 was held from 1st Oct, 2019 to 6th Oct, 2019. This Tournament evoked tremendous participation, as we had 210 entries in different categories. The said tournament was a grand success.ü Clube Tennis de Gaspar Dias organised All Goa State Ranking Tennis Tournament 2020, “Gadre Gaspar Dias Open 2020” was held in association with All Goa State Tennis Association, from 24th January, 2020 to 2nd February, 2020. This Tournament was conducted in various categories; we had 270 entries in different categories. The said tournament received an overwhelming response from the players. CLUB’S SOCIAL RESPONSIBILITY AND COMMITMENTS:ü Disha Charitable Trust in association with our Club organised Annual All Goa Drawing and Painting Competition programme for all the special children from different schools from all over Goa on 1st October 2019.
CLUB’S SOCIAL ACTIVITIES:ü Alternative Saturday housie was being conducted since May 2018 and continued till 14th March 2020 and where compelled to suspend the same due to Pandemic Covid-19.ü On 25th October, 2019 our Club organised Diwali Dhamaka for Members and their Guests, total number of 240 Members and guests attended the party.ü On 14th November, 2019 our Club organised Children’s Party for Orphanage children and Members children and their Guests, total number of 190 children attended the party. The entire event was organised by the club was free of cost.ü On 20th December, 2019; our Club organised annual CHRISTMAS PARTY FOR CHILDREN and their guest, “Santa’s Elves & Fairies”. There was tremendous response from the children. There were magic show, Candy floss, Face Painting and Hitting the Candy Can. There was also Santa Claus to distribute Chocolates and Gifts. Two mascots were also there to entertain the children.ü Our Club organised annual NEW YEAR PARTY “NOITE de GASPAR DIAS” on 31st December, 2019. There was fabulous response for this event as 559 people attended the same. “BIG COUNTRY BAND” live band was in attendance and wide-spread delectable buffet was laid and mouth-watering snacks were served.
CLUB’S INNOVATIONSü Solario Hall is been given a face lift and has been transformed as State of Art Hall with very attractive external facade.ü A beautiful lounge area has been created on the ground floor near the lift with TV facility and history of the Club is being displayed on the wall along with old photographs printed on canvas (credit: photographs given by Mr. Sanjeev Sardesai)ü Our present lift has been given a face lift.ü The Bio-digester; capacity of 300 Kg/per day is in process of installation.ü New 2 DG sets of 250 KVA have been installed.ü Children play area is getting face lift with the new Multi Activity Play System which is in process of installation along with the change in the external façade with Goan architectural look.ü Library is well stocked with range of books worth Rs. 2,50,000/- with Librarian to take care of.
Gen Manager Mr. Susai Fernandes
Finance Controller Mr. Rohan Kudalkar
Manager (ADMN) Ms. Meha Fernandes & Vasudha B.R.
Manager (HR) Ms. Chaitali Sawant,
Administrative Assistant Ms. Filia Carvalho
Accounts Ms. Mohini Banaulikar, Mr. Rajat Dhamaskar
Librarian Mr. Arjun Virnodkar
Exe. Supervisor (H.K.) Mr. Vishnu Mugutkar
Front Office ‘A’ Wing Ms. Avila Desouza, Pruthviraj Gaonkar, Rahul Juvekar
Front Office ‘B’ Wing Mr. Santosh Raya, Ms. Tirupa Naik
Maintenance Mr. Sameer Naik, Mr. Sairaj Phadte
Office Staff Mr. Suresh Jaigadi
Billiard Marker Mr. Shrikant Chari
Security Mr. Vakil Pandey, Mr. Prem Bhandari, Mr. Sukh Bahadur
Gardener Mr. Vishnu Shirodkar, Mr. Neb Bahadur, Mr. Pedru D sa
Housekeeping Mr. Karan Bahadur, Mr. Poshan, Ms. Ratna, Ms. Madhavi, Ms. Geeta
Swimming Pool Attendant Mr. Gopal Bika.
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15th September 2019
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Report of theAuditors to the
members ofCLUBE
TENNIS DEGASPAR
DIAS, MiramarGoa on the
accounts for theyear ended 31st
March, 2020.
Report of the Auditors to the members of CLUBE TENNIS DE GASPAR DIAS, Miramar – Goa on the accounts for the year ended 31st March, 2020.
1. We have audited the attached Balance Sheet of CLUBE TENNIS DE GASPAR DIAS, Miramar – Goa (Regd. No. 51/Goa/1980) as on 31st March, 2020 and also the Income and Expenditure Account of the club for the year ended on that date, including notes to accounts and significant accounting policies annexed thereto. 2. MANAGEMENT’S RESPONSIBILITY FOR FINANCIAL STATEMENTS: Club’s Management is responsible for the preparation and presentation of these financial statements that give a true and fair view of the financial position and the financial performance of the club in accordance with the accounting principles generally accepted in India. This responsibility includes the design, implementation and maintenance of internal controls relevant to the preparation and presentation of financial statements that give a true and fair view and are free from material misstatements, whether due to fraud or error.
3. AUDITOR’S RESPONSIBILITY: Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in India. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatements. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control, relevant to the club’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of the accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion.
4. AUDITOR’S OPINION We report that:a. We have obtained all the information and explanations, which to the best of our knowledge and belief were necessary for the purposes of our audit ;
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b. In our opinion, proper books of account as required by law have been kept by the club, so far as appears from our examination of those books ;c. The Balance Sheet and the Income and Expenditure Account dealt with by this report are in agreement with the books of account;d. In our opinion, the Balance Sheet and the Income and Expenditure Account dealt with by this report comply with the applicable Accounting Standards;e. In our opinion and to the best of our information and according to the explanations given to us, the said
accounts together with statement on Significant Accounting Policies and the other notes thereon, give the information required by The Societies Registration Act, 1860 in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India :I) In the case of the Balance Sheet, of the state of affairs of the club as at 31st March, 2020; andii) In the case of the Income and Expenditure Account, of the Surplus for the year ended on 31st March, 2020.
5. WE FURTHER REPORT AS UNDER:I) The said accounts are maintained regularly and in accordance with the provisions of The Societies Registration Act, 1860 and rules thereunder;ii) The receipts and disbursements and vouchers are properly and correctly shown in the accounts;iii) As per the members’ register available and as certified by the Managing Committee, there are no ordinary membership fees and subscriptions outstanding for more than one year as on 31.3.2020.iv) The expenditure incurred on behalf of the society/club has been sanctioned from time to time by the Governing Body/Managing Committee or by other person or persons authorized to do so, under the rules and regulations of the society/club. v) No property or funds of the society/club have been applied for any object or purpose other than the object or purpose of the society/club.vi) Minutes of the meetings of the General Body and Governing Body (Managing Committee) for the year ended 31-03-2020 have been maintained regularly and properly.vii) The money of the society/club is invested as per the modes of investment prescribed by the rules of the society/club.
For S.R. Kenkre & AssociatesChartered Accountants
(S.R. Kenkre) proprietorMembership No. 37487
Date: 03/07/2020Place: Panaji - Goa
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Date : 03/07/2020
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13,58,83,323
39,91,599
11,50,000
14,98,018
49,12,156
12,17,500
5,77,555
14,92,30,151
12,72,41,288
39,91,599
11,50,000
15,05,866
41,28,038
15,89,423
5,02,555
14,01,08,769
CORPUS (OWN FUNDS)
OTHER FUNDS AND RESERVES:
i) Development Fund
ii) Capital Reserve (Infrastructure grant from SAG)
OTHER LIABILITIES & PROVISIONS:
i) Sundry creditors and
Other liabilities for expenses
ii) Advances/Deposits received
iii) Deposits & retention monies
iv) Provision for gratuity
12,18,08,810
60,849
17,75,220
26,14,717
52,099
49,91,710
1,78,03,549
1,23,197
14,92,30,151
11,78,33,872
60,849
3,12,907
30,52,414
12,255
45,62,566
1,42,12,101
61,805
14,01,08,769
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Interest Receivable thereon
/TDS
&
2,00,70,325
18,17,171
70,78,472
8,92,035
2,98,58,003
1,75,39,956
22,00,656
58,50,013
5,52,101
2,61,42,726
Date : 03/07/2020
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88,08,666
1,10,76,169
53,12,646
19,10,933
11,78,993
1,18,200
16,800
14,35,596
2,98,58,003
95,37,229
73,21,711
36,54,850
25,08,679
12,46,726
45,000
16,800
18,11,731
2,61,42,726
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1) Opening balance brought forward 4 ,67,66,288 4,62,14,187
Add: Surplus for the year transferred from Income & Expenditure Account 8,92,035 5,52,101
Closing Balance 4,76,58,323 4,67,66,288
2) Life Membership fees 7,39,50,000 6,72,00,000
3) Patron membership fees 22,25,000 22,25,000
4) Donor Membership Fee 65,50,000 65,50,000
5) Corporate Membership Fee 45,00,000 35,00,000
6) Donation Capitalised 10,00,000 10,00,000
Total 13,58,83,323 12,72,41,288
SCHEDULE 'C' SUNDRY CREDITORS AND OTHER LIABILITIES
a) Sundry Creditors
Jairam Kholkar & Associates 23,600
Power Engineering ( I ) Pvt Ltd 4,40,000
Sandra Dsilva (Coaching Tennis) Payable 53,795 22,500
Shreeram Agriculture Services 2,400
White Cloud Laundry 14,270
Seven Seas, Panaji 34,031
b) Other Liabilities For Expenses
Electricity & water charges payable 3,40,896 4,08,753
Salaries & Wages- Maintenance Payable 7,806
Staff Food Exp Payable 1,700
Telephone charges payable 5,712 5,125
Accounting Fees Payable 3,870
Audit fees payable 82,600 8 4,512
Professional Fees Payable 22,050
GST / Service tax a/c 1,45,969 7,45,619
Luxury tax a/c 1,41,485 1,44,988
ESIC payable 23,861 11,469
EPF Payable 1,06,529 39,573
TDS payable 47,444 43,327
Total 14,98,018 15,05,866
SCHEDULE 'D' ADVANCES/ DEPOSITS RECEIVED
Hire/other charges 37,01,656 33,55,138
Development fund - 4,500
Electricity charges recovered in advance - 4,500
Pre-Received ordinary membership fees 6,000 2,400
Deposits against bookings of hall/room/park 12,04,500 7,61,500
Total 49,12,156 41,28,038
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SCHEDULE 'E' DEPOSITS AND RETENTION MONIES (LIABILITIES)
Amalgamated Bean Coffee Trading Co. Ltd 2,00,000 2,00,000
Security Deposit - Norbert Fitness Studio- Gym 52,500 52,500
SGS Ventures ( Security Deposits) (New Restaurant) 4,65,000 1,00,000
Manas Developers - Retention A/c - 7,36,923
Vyankatesh Bhalchandra Shete ( Security Deposit ) 5,00,000 5,00,000
Total 12,17,500 15,89,423
SCHEDULE 'F' DEPOSITS
Gas 750 750
Electricity & water Deposit 29,087 29,087
Telephone 8,000 8,000
Security deposit-Rent 21,000 21,000
Others 2,012 2,012
Total 60,849 60,849
SCHEDULE 'G' ADVANCES WITH CONTRACTORS/SUPPLIERS/OTHERS
Flycatcher Technologies 4,50,000
Lynn Decorators 972
Sai Fabrication 6,00,000
Shekar L Chavan 1,75,000
Speedy Agencies 4,41,000
Vicky F Londhe 93,617
Laxya Enterprises 14,000 14,000
Mayekar Pest Control 631 732
Prahlad Ram - 48,175
Syncotts Sports Pvt Ltd - 2,50,000
Total 17,75,220 3,12,907
SCHEDULE 'H' OTHER RECEIVABLES/TDS
Rent,Electricity etc. receivable from Restaurant 1,31,827 1,77,125
Rent,Electricity etc. receivable from Coffee Day Global Ltd 6,61,537 4,03,634
Rent,Electricity etc. receivable from Bellamo Sports & Wellness Spa 1,37,075 1,57,854
Royalty receivable from SGS Ventures 13,920 27,240
Tournament Fees receivables (Gadre Marine Exports) - 2,45,000
Function Income receivable (Pernod Record) - 3,44,909
Nobert Fitness Studio (Gym Fees) 9,992 28,945
Hall Hire Charges Receivables 1,47,500 1,08,560
GST ITC receivable but not accrued 12,600 12,600
Tax Deducted at Source-FY 2019-20 4,30,416 -
Tax Deducted at Source-FY 2018-19 4,64,529 4,64,529
Tax Deducted at Source-FY 2017-18 - 4,76,697
Tax Deducted at Source-FY 2016-17 3,32,547 3,32,547
Tax Deducted at Source-FY 2015-16 2,72,774 2,72,774
Total 26,14,717 30,52,414
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SCHEDULE 'I' BALANCE IN SAVINGS BANK A/CS CURRENT YEAR PREVIOUS YEAR
Bank of India, Miramar SB/2383 14,18,238 25,90,116
HDFC Bank -SB/1213145000033 27,77,674 16,66,652
BANK OF INDIA A/C No. 102210210000022 7,95,798 3,05,798
Total 49,91,710 45,62,566
SCHEDULE 'J' BANK FIXED DEPOSITS
Bank of India 1,78,03,549 1,42,12,101
Total 1,78,03,549 1,42,12,101
SCHEDULE 'K' PREPAID EXPENSES
Prepaid Excise license fees 36,000 36,000
Prepaid Tata Sky Recharge 68,645
Prepaid Lift Maintenance 18,552 25,805
Total 1,23,197 61,805
SCHEDULE 'L' ESTABLISHMENT AND ADMINISTRATIVE EXPENSES
Salaries & allowances /PF / ESI 66,25,416 56,71,032
Rates,taxes & cesses 5,63,434 2,99,858
Repairs & maintenance :
Repairs & Maintenance (General) 13,45,811 13,51,215
AC Repairs 2,48,107 1,69,628
Painting Expenditure 3,47,191 11,58,219
Vehicle Repairs & Maintenance 20,870 31,054
Renovation of Wash Room & Lobby 11,34,302
Cleaning & Maintenance 5,19,896 5,53,518
Lift Maintenance 1,14,287 1,39,905
Swimming Pool Expenses 1,50,414 70,301
Insurance 83,620 83,620
Gratuity 1,00,000 1,00,000
Tennis coaching fees 1,39,745 1,44,540
Postage, Courier & Telephone 1,52,517 1,08,383
Printing & Stationery 1,83,095 2,23,247
Electricity, fuel & water charges 48,39,365 41,44,672
Newspapers & periodicals 11,450 10,440
Bank charges & commission 1,67,745 1,31,883
Licenses, fees & taxes 36,000 36,000
Advertisement expenses 63,189 34,020
Audit fees 70,000 70,000
Accounting fees 51,600 48,000
Professional fees 3,62,000 3,79,000
Computer/TV/Administrative expenses 3,15,690 2,36,310
Staff food expenses 5,17,885 4,10,106
Staff welfare expenses 2,50,359 2,65,016
AGM Expenses 17,893 2,968
Travelling expenses 12,460 47,146
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Room Expenditure:
Laundry Charges 3,55,683 3,31,464
Room Expenses 2,50,872 2,62,637
Complimentary Breakfast 7,42,581 7,68,230
Gardening expenses 59,660 26,390
Membership cards expenses - 920
Sports goods/consumables 900 3,478
Sundries 1,92,188 2,25,687
Transport & Cartage 19,300 -
Yoga Instructor Charges 4,800 -
Redondo expense - 1,069
Total 2,00,70,325 1,75,39,956
SCHEDULE 'O ' RECEIPTS/INCOME IN RESPECT OF FUNCTIONS, TOURNAMENTS AND OTHER ACTIVITIES
Function ( ' X ' Mas ) Income 1,45,725 99,579
Function ( Diwali ) Receipts 75,019 2,34,162
Function (New Year Party) Income 13,36,474 17,45,066
Tennis Tournament Receipts 2,89,831 2,73,729
Table Tennis Tournament Receipts 17,797 1,19,703
Yoga Receipts 10,495 -
Summer camp Receipts 35,593 36,440
Total 19,10,933 25,08,679
SCHEDULE 'P' OTHER RECEIPTS/INCOME
Billiards/Card room collections 1,77,431 1,86,007
Karate Class Reciepts 5,042 20,169
Royalty income 1,78,000 1,74,000
Guest fees 2,80,278 3,88,371
Chairs hire charges 3,24,267 83,657
Mailing list 10,000 9,237
Membership Cards Collection A/c 2,966 12,762
Lawn Tennis Receipts 3,02,711 5,05,211
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SCHEDULE 'M' EXPENDITURE IN RESPECT OF FUNCTIONS, TOURNAMENTS AND OTHER ACTIVITIES
X'Mas/Diwali function expenses 3,61,264 5,03,590
Function (New Year Party) Expenses 9,93,320 10,77,118
Function ( Children's Day ) Expenses 22,762 5,150
Summer Camp Expenses 2,570 18,248
Tennis Tournament Expenses 2,94,364 4,13,145
TableTennis Tournament Expenses 1,42,891 1,83,405
Total 18,17,171 22,00,656
SCHEDULE 'N ' RENTAL INCOME
Café Coffee Day License Fees 12,92,000 12,20,550
Licence Fees (SPA) 14,35,484 5,00,000
Gym / Norberts Fitness Studio 2,00,968 2,09,300
Restaurant Licence Fees 23,84,194 17,25,000
Total 53,12,646 36,54,850
Table Tennis Receipts 6,122 1,881
Squash Court Receipts 170 17,541
Swimming Pool Receipts 15,152 71,854
Int on Income Tax Refund 17,323 -
Tender Fees ( New Restaurant ) - 5,932
Previous year tournament receipts - 150,000
Cinema Shooting receipts - 42,373
Sundry receipts/income/deposits forfeited/labour charges recovered 1,16,133 1,42,736
Total 14,35,596 18,11,731
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SCHEDULE ‘Q’ NOTES FORMING PART OF ACCOUNTS
I. STATEMENT OF SIGNIFICANT ACCOUNTING POLICIES
A. Recognition of Revenue and Expenditure
Revenue/expenditure are accounted for on accrual basis, as and when they are due and /or
incurred, except in the case of leave encashment which is accounted for on cash basis.
B. Basis of Accounting
The financial statements are prepared under the historical cost convention, on accrual basis of
accounting, in conformity with the accounting principles generally accepted in India.
The club follows mercantile system of accounting in respect of all items of revenue and expenditure
except in the case of leave encashment which is accounted for on cash basis.
C. Membership fees
Life membership fees, Donor membership fees, Corporate membership fees and Patron
membership fees received during the year have been capitalized.
D. Fixed Assets.
I) The Plot of land (admeasuring approx 12,877 sq. mtrs. constituting 1/11th portion of property No.
2655 of chalta No.3 of P.T. Sheet No. 132 of City Survey Panaji situated at Gaspar Dias, Miramar,
Goa) was donated to the club vide Deed of Free Cession (Gratuitous Transfer) dated 29th August,
1951 by CASA SOCIAL DOS CAMOTINS MAMAIS. This plot of land has been shown in the schedule ‘A’
to the Balance Sheet at ‘Nil’ value.
ii) Other Fixed Assets [except some old items included in Schedule ‘A’, whose original cost could not be
determined with reasonable accuracy and which are stated at carrying values assigned by the
management] are stated at cost of acquisition or construction which includes expenses related to
acquisition/construction and installation, which are capitalized at actual [net], less accumulated
depreciation. Generator donated to the club during the year 2007/08 has been shown under Plant
and Machinery at Nil value and billiards/snooker tables donated to the club during the year 2008/09
and 2011/12 have been shown as Recreational Equipment, at Nil value in schedule ‘A’ to the
Balance Sheet at Nil values.
iii) At the end of each year, the club reviews the carrying values of fixed assets to determine whether a
provision should be made in respect of impairment loss in respect of fixed assets. At the end of the
current year, no such provision is considered necessary.
E. Depreciation
i) Depreciation on Fixed Assets (other than land and Garden lawn) has been provided for on W.D.V. at
the rates considered appropriate by the management. Depreciation in respect of additions to assets
done after 30/09/2019 has been provided for at half the rates.
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F. Provisions and Contingent Liabilities.
Provisions are recognized when the entity has a legal and constructive obligation as a result of a
past event, for which it is probable that a cash outflow will be required and a reliable estimate can
be made of the amount of the obligation. Contingent liabilities are disclosed when the entity has a
possible obligation or a present obligation and it is probable that a cash outflow may not be
required to settle the obligation. On account of the sub-judice status of the various mundcarial
/other cases pending in courts or otherwise, contingent liabilities are considered by the Legal
Committee of the club after careful evaluation of the facts and legal aspects of the matters
involved and the club has not made any provision in respect thereof. Various legal cases are pending
against the club.
G. Retirement Benefits
I) The institution is making regular contribution to the provident fund/ESI and the total contributions
(together with employees’ contributions) are deposited with Provident Fund Commissioner/ESI &
these contributions are charged to the Profit & Loss A/c.
ii) Provision only for Rs.1 Lac for retirement gratuity is made for the current year based on estimates
made by the management. No actuarial valuation has been done in respect of the existing provision
for gratuity. No provision is made in the accounts in respect of encashable leave. Other retirement
benefits, wherever applicable, are accounted for on cash basis. The amount of provision for
retirement benefits which has not been made is not ascertainable.
H. Previous year’s figures have been re-grouped and re-arranged wherever necessary.
I. The Schedules referred to herein above form an integral part of the financial statements.
FOR CLUBE TENNIS DE GASPAR DIAS
(Rajesh Khaunte) (Sunil Naik) (Ashish Prabhu Verlekar)
(President) (Hon. Secretary) (Hon. Treasurer)
Date: 03/07/2019
Place: Panaji - Goa
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BU
DG
ET E
STIM
ATES
FO
R T
HE Y
EAR 2
020-2
021
LIFE / CORPORATE MEMBERSHIP ADMITTED
FOR THE YEAR 1ST APRIL 2019 - 31ST MARCH
2020 (TOTAL 26)
2051 Mr. Alay Razvi
2052 Mr. Kedar Girish Deshpande
2053 Mr. Nitin Kumar Agarwal
2054 Mr. Madhava Reddy Yerraamareddy
2055 Mr. Jayesh Niteen Shetye
2056 Mr. Rudolf John Barbosa
2057 Mr. Umesh Gunuantrai Oza
2058 Dr. Carlos Noel Menezes
2059 Mr. Zahid Razak
2060 Mr. Yogesh Shashikant Saraswate
2061 Mr. Ashish Sitaram Bansal
2062 Mr. Seringapatam T. Kannan
2063 Mr. Abhishek Umesh Oza
2064 Mr. Ashish Avinash Wakankar
2065 Mr. Rahul Stanchina
2066 Mast. Adi Janardan Zarapkar
2067 Mr. Amit Rajendra Tamba
2068 Mr. Rajesh Mohan Bathija
2069 Mr. Glenn Michael Dsouza
2070 Mr. Sidney Domnic D'mello
2071 Mr. Swapneil Bhushan Akut
2072 Mr. Rajesh Pramod Sinai Talaulicar
2073 Ms. Sunaina Primlani Gera
2074 Ms. Sailee R.s. Talaulicar
CRP -108 - M/S Indian Oil Corporation Ltd.
CRP-109 - M/S Soiltech India Pvt. Ltd.
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18 fully Air-conditioned Deluxe Rooms, LCD TV withMulti Channels, Refrigerator, Tea maker, Wi-Fi& Room Service to Provide Food and Beverages.
Clube Tennis de Gaspar Dias organised All Goa State Ranking Tennis Tournament 2020, “Gadre Gaspar Dias Open 2020” was held in association with All Goa State Tennis Association, from 24th January, 2020 to 2nd February, 2020. This Tournament was conducted in various categories; we had 270 entries in different categories. The said tournament received an overwhelming response from the players.Cash prizes amounting Rs. 88,000/- and Trophies were given to the winners and certificates were given to all participants. The tournament was a big success.
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Clube Tennis de Gaspar Dias organised All Goa Table Tennis Championship 2019 which was held from 1st Oct, 2019 to 6th Oct, 2019. This Tournament evoked tremendous participation, as we had 210 entries in different categories.The said tournament was a grand success.Cash prizes amounting Rs. 43,000/- and Trophies were given to the winners and certificates were given to all participants. The tournament was a big success.2019
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The Goa Bridge Association in association with our club, as well as in association with the Goa Bridge Association held “All India Bridge Tournament” from 19th July 2019 to 21st July 2019. The tournament was a big Success.The Chief Guest for the said tournament was her Excellency, Governor of Goa Smt. Mridula Sinha, who gave away the prizes to all the winners and runners-up.
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Club organised Summer Camp for members as well as members guests, in the discipline of swimming and Table Tennis, which was held from 8th May to 19th May 2019.
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Disha Charitable Trust in association with our Club organised Annual All Goa Drawing and Painting Competition programme for all the special children from different schools from all over Goa on 1st October 2019.
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DIWALI DHAMAKA was held on 25th October, 2019 at Sala-de-Gaspar hall. The function was attended by 146 Clube Members, 65 members guest and 29 children’s. The function was a great success.
DiwaliDhamaka
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CHILDRENS DAY : Clube Organised childrens day party on Thursday, 14th November, 2019 from 5pm to 8pm; at Sala-de-Gaspar Hall. This function was attended by 90 members children and their guest and 100 orphanage children were also in attendance. The gesture of our club, inviting 100 orphanage children was very well appreciated by everyone
CHILDRENSDAY
On 20th December, 2019; our Club organized the annual
CHRISTMAS PARTY FOR CHILDREN and their guests, “Santa’s
Elves & Fairies”. There was tremendous response from the
children. Magic show, Candy floss, Face Painting and Hitting
the Candy Can games were included. Santa Claus to distributed
Chocolates and Gifts. Two mascots were also there to entertain
the children.
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Our Club organised NEW YEAR EVE PARTY, “NOITE de GASPAR DIAS” on 31st December, 2019. There was fabulous response for this event as 559 people attended the same.
“BIG COUNTRY BAND” live band was in attendance and wide-spread delectable buffet was laid and mouth-watering snacks were served.
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