Provisional Projected Balance Sheet

Overview

Banks, investors and other agencies often need your current and expected financial position before your accounts are audited. Company Mitra prepares provisional and projected Balance Sheets and Profit and Loss Accounts that present this information clearly and reliably.

Provisional statements are prepared from your books for the current year to date or full year before audit. Projected statements estimate your financial position for the next 1 to 3 years, based on realistic assumptions about sales, margins, expenses, working capital and borrowings. We include an assumptions sheet and key ratios such as current ratio and debt equity.

• Provisional and projected statements
• Bank-friendly format
• CA-signed copy with UDIN

The listed price is a starting fee. The final fee depends on the number of years and complexity. For larger loans, consider our CMA data or project report services.

Who needs it

• Borrowers renewing or enhancing bank limits before audit
• Businesses applying for loans mid-year
• Applicants for visa, tenders or agency needing current financial position
• Startups presenting projections to investors

What's included

Included:

• Provisional Balance Sheet and P&L for the current year to date
• Projected Balance Sheet and P&L for next 1 to 3 years
• Key assumptions and ratio summary
• CA-signed copy with UDIN where required
• Final fee depends on number of years and complexity

Not included:

• Bookkeeping
• Full CMA data or project report (separate services)
• Audit of provisional figures