annual report 2015-16 - cfti, chennai · have passed 10th class. this programme attracts many...

Annual Report 2015-16

MSME – Technology Development Centre, (Central Footwear Training Institute, Chennai)

MSME-TECHNOLOGY DEVELOPMENT CENTRE, CHENNAI CENTRAL FOOTWEAR TRAINING INSTITUTE

ANNUAL REPORT 2015-2016

1. INTRODUCTION

The Central Footwear Training Institute (CFTI), A Govt. of India Society,

under Ministry of Micro Small and Medium Enterprises, is a pioneer Institution,

rendering various types of training programmes on Footwear technology and

allied subjects. It came into existence in July 1957 in the name of Central

Footwear Training Centre with the assistance of Ford Foundation.

The departmentally run Central Footwear Training Centre was converted in to an

autonomous Institution (A Government of India Society under Ministry of SSI)

w.e.f. 1.1.96 for better functional autonomy. The Institute has been modernized

with UNDP assistance under the “National Leather Development Programme”

and is fully equipped with state-of-the art machinery to impart training in the

modern methods of Footwear manufacturing. The affairs of the Society are

managed by the Governing Council (GC) which consists of the members from

Govt. of India, State Government and Industry.

The CFTI has trained many candidates including foreign nationals from countries

like Nigeria, Mauritius, Philippines, Fiji, Tibet, Guyana, Uganda, Zambia,

Hungary, Srilanka etc.,

2. OBJECTIVES OF THE INSTITUTE

i) To train personnel in footwear technology as per the requirements of

the trade and industry.

ii) To provide training facility to trainees in the Footwear and allied

Industry with a view to upgrade their skills.

iii) To train footwear designers.

iv) To undertake courses in Management of Footwear Industry.

v) To train personnel for maintenance of Footwear Machinery.

vi) To design and develop moulds and dies for the Footwear Industry.

vii) To introduce modern technology in footwear design/Industry.

viii) To assist and promote technology up-gradation in footwear industry.



ix) To develop products and design with a view to secure advantage in

export production.

x) To foster appropriate linkages between Central Footwear Training

Institute and Industry for utilization of existing capacity and their

up-gradation and to undertake consultancy services for development

of Footwear Industry.

xi) To establish linkages with educational, research and developmental

institutions in India and abroad, and to collaborate with them in

training, research and development.

xii) To organize databases and information dissemination on footwear

technology, export marketing, etc., and to establish suitable library

and Resource Centre for trainees and industry.

3. TRAINING COURSES OFFERED

The global shoe industry has passed through a rapid development during

last 15-20 years. To keep pace with the development, this Institute has

introduced various long term & short term courses among which the prime

courses are “Two Year Diploma in Footwear Design & Production” & “1 ½ Year

Post Graduate Higher Diploma in Footwear Technology & Management”, in

association with Leicester College of Footwear (UK) is approved by Textile

Institute,Manchester(UK).

This collaboration helped this Institute to cater technically trained students to

the industry. To facilitate the industry requirements, this Institute has made the

following Long term courses and tailor made short term courses exclusively by

keeping in mind for the need of the shoe industries.

A. LONG TERM COURSES

i) Two years Diploma course in “Footwear Design & Production".

This International training course is run for the benefit of Higher

Secondary/Plus two passed candidates. Starting from Designing to

finishing of a shoe with stage wise operations, cost analysis, project

making & various other aspect of footwear manufacture is being taught.

The practical classes of shoe making are conducted through modern shoe

machinery. For pattern grading & shoe designing courses, this Institute



utilizes the latest Computer Aided Shoe Design software. The intake

capacity is 40 in each batch.

ii) One and Half year Post Graduate Higher Diploma in “Footwear

Technology & Management Studies”

This International training course is run for the benefit of Graduates

(especially students from engineering background). Starting from

Designing to finishing of a shoe with stage wise operations, focusing

mainly on management techniques and concepts is being taught. The

specialty of this course is that the selected candidates have to undergo

training in Leicester College of Footwear at UK for one and half month

after one and haly years study in this Institute to have international

exposure on Art, Design and Fashion. The practical classes of shoe making

are conducted at this Institute’s workshop equipped with modern shoe

machinery. The intake capacity is 20 in each batch.

iii) One year Post Diploma/Post Graduate Diploma in “Footwear

Technology”

This course is being run for the benefit of the student who has

passed any Diploma/Degree. The students of this course is being trained

starting in Designing & Pattern Cutting and in all sections of Footwear

manufacturing departments like Clicking, Closing, Lasting, Accountancy

and General Management. The successful pass out students from this

training programme is being absorbed by the industry in their factories

with great demand. The intake capacity is 40 per batch.

iv) One year Certificate course in “Footwear Technology”.

This training course is being run for the benefit of the students who

have passed 10th class. This programme attracts many students from all

over the country and the programme is run to the full strength. The

students are taught the basics of footwear manufacturing in all the

departments and the trainees who have completed the training

programme are well placed in footwear factories. The intake capacity is 40

per batch.



B. SHORT TERM/ PART TIME COURSES

The short term courses are developed to provide training to craftsman,

artisans and rural youth to upgrade their skill and knowledge. Currently CFTI,

Chennai offers the following short term/part time courses.

Course Title Duration

• Design & Pattern Cutting 12 Weeks

• Shoe Upper Clicking 4 Weeks

• Shoe Upper Closing 12 Weeks

• Lasting, Making & Finishing 12 Weeks

• Advanced Shoe Styling 12 Weeks

• Leather Goods Making 4 Weeks

• Shoe CAD 4 Weeks

C. SPONSORED PROGRAMMES

(i).This Institute conducts an EDP Skill Development training program at

Karnataka, sponsored by Dr. Babu Jagjivan Ram Leather Industries Development

Corporation Ltd. (LIDKAR), Govt of Karnataka. 111 Trainees have been

trained.

(ii).This Institute conducts Short term course in Footwear making, Leather

Goods Making & Chappal Making sponsored by Dr. Babu Jagjivan Ram Leather

Industries Development Corporation Ltd. (LIDKAR), Govt of Karnataka. 42

Trainees have been trained.

(iii). This Institute conducts Skill Development training program at Florence

Shoes, Vellore sponsored by M/s. Florence Shoes Pvt. Ltd. 34 trainees have

been trained.

(iV). This Institute also conducts outreach programmes in Leather Goods

making, Chappal & Sandal Making for the welfare of Women SC/ST candidates,

sponsored by DC (MSME), Ministry of MSME, Govt of India. 365 Trainees

have been trained.



4. COMMON FACILITY SERVICES

The Institute with it’s modern machinery and equipments provides the

following common facility services to Micro, Small and medium enterprises in

shoe and allied industries.

� Computerized Pattern Grading and design facility for creating shoe

components as Design Development.

� Provides to do job work under common facility services for manufacturing

of Upper and Full shoe on full range of advanced machinery.

� Provides Job work facility for components cutting on Dieless Cutting

Machine.

� Provides Job work facility for manufacture of PU Soles, Direct PU pouring

sandal, Direct PU Pouring Safety shoes & PU Foot beds by using PUMA- PU

Pouring Machine.

� Physical Testing Laboratory machines installed with available testing

machines.

5. CONSULTANCY SERVICES

The Institute with it’s qualified technical experts and faculty members

renders services on consultancy services on the following

� Assist in setting up in establishment of Upper Unit / Full Shoe Unit for

making uppers and full shoes.

� Consultancy works on Designing, Costing and Shoe Development.

� Consultancy in selection of raw material for the footwear units to minimize

the costing.

� Assist in Quality Control and conduct productivity training to middle level

management.

� Testing jobs on testing of footwear and its materials.

6. ACTIVITIES PERFORMED

This Institute has undertaken various long term and short term courses

during the year 2015-2016. The details are given below:

� Long Term Courses:



i) Two Year course of Diploma in Footwear Design and Production

(Accredited to Textile Institute, London, UK). 32 Trainees have been

trained.

ii) One year Post Diploma / Post Graduate Diploma Course in Footwear

Technology. 25 trainees have been trained.

iii) One year Certificate in Footwear Technology. 34 trainees have been

trained.

� Short Term Courses:

This institute has conducted various short term courses for the benefit of

SC / ST candidates sponsored by various Government Departments as below.

i) 2832 SC / ST candidates were trained in Footwear / Leather Goods

course.

ii) 82 Minority candidates were trained in various short term courses

conducted by this Institute

Skill Development Programmes

Placement Linked Entry Level Training Programme

This Institute is affiliated with Leather Sector Skill Council to conduct

a “Placement linked skill training program for unemployed Youth” funded

by Tamil Nadu Skill development corporation (TNSDC), Govt of Tamil Nadu to

facilitate the unemployed segment to develop the skill solutions with hands on

training by Central footwear Training Institute (CFTI, Chennai) and place them at

appropriate demand in the industry as per the requisite skilled manpower

needed to sustain the envisioned growth of the leather/ Footwear, leather goods

and Leather Garments industry and setting a foundation for the country to

emerge as a global leader and completed training for 1727 candidates till 31st

March 2016 with placement record of about 94.5% (1646 nos)

Placement linked entry level training programme - TNSDC (2015-16)

S.No

CENTER ID Place of Training Total No of Candidates Trained

Total no of candidates

placed

Training Duration (in Month)

1 ITC018/PP PULIYAMPATTI 31 27 1 Month

2 ITC019/SG SRI GANAPATHY ENTERPRISES 25 25 1 Month

3 ITC020/CH CHANDRA VILASAPURAM 30 30 1 Month

4 ITC022/GL2 GOOD LEATHER SHOES PVT. LTD 26 26 1 Month

5 ITC023/MI2 MINK INTERNATIONAL 33 24 1 Month



S.No

CENTER ID Place of Training

Total No of

Candidates Trained

Total no of

candidates placed

Training

Duration (in Month)

6 ITC024/VS2 VIDHAN SHOES PVT LTD 29 29 1 Month

7 ITC026/KS2 KORA SHOES PVT LTD 39 39 1 Month

8 ITC027/AL AL-WAJID TRADING COMPANY 30 30 1 Month

9 ITC028/VP2 VADAPUTHUPETTU 33 31 1 Month

10 ITC029/EX EXCEL INTERNATIONAL 30 30 1 Month

11 ITC030/AU AUROMA LEATHER CRAFT 30 26 1 Month

12 ITC031/RK2 R.K.PET 30 24 1 Month

13 ITC032/FL FLORENCE SHOES PVT LTD 34 33 1 Month

14 ITC033/AF AFFAN SHOES 41 41 1 Month

15 ITC034/HA HARITHA SHOE FABRIC 36 36 1 Month

16 ITC035/GL3 GOOD LEATHER SHOES PVT. LTD 26 21 1 Month

17 ITC036/TH THAMBUNAYAKKANPATTI 35 30 1 Month

18 ITC037/RK3 R.K.PET 25 25 1 Month

19 ITC038/US2 UNIVERSAL SHOES 50 50 1 Month

20 ITC039/SU SUDHARSHAN SHOES 34 33 1 Month

21 ITC040/KS3 KORA SHOES PVT LTD 31 31 1 Month

22 ITC041/ZE ZERMATT SHOES PVT LTD 30 30 1 Month

23 ITC042/SK S.K. SHOE 30 27 1 Month

24 ITC043/VP3 VADAPUTHUPETTU 27 26 1 Month

25 ITC044/LE LOTUS ENTERPRISES 25 24 1 Month

26 ITC045/LC LEATHER CRAFTS (INDIA) P. LTD 48 48 1 Month

27 ITC047/BP BPS Industries 30 30 1 Month

28 ITC048/BP2 BPS Industries 30 30 1 Month

29 ITC049/LE2 LOTUS ENTERPRISES 36 22 1 Month

30 ITC050/SR SRI SAKTHI SHOES 39 39 1 Month

31 ITC051/GO GOOD WILL SHOES 43 43 1 Month

32 ITC052/FA FAVORITE SHOE 35 35 1 Month

33 ITC053/MI MIDAS SHOES 30 30 1 Month

34 ITC055/SU2 SUDHARSHAN SHOES 25 17 1 Month

35 ITC056/BP3 BPS INDUSTRIES 20 20 1 Month

36 ITC057/PS PRESTIGE SHOES 30 30 1 Month

37 ITC058/AD ADITHIYA SHOES 25 25 1 Month

38 ITC059/CMS CMS 26 26 1 Month

39 ITC060/UT UTHIRAMERUR 31 31 1 Month

40 ITC061/PA3 POTISSIMUS ARROW SHOES (P)

LTD 25 25 1 Month

41 ITC062/LC2 LEATHER CRAFTS (INDIA) P. LTD 15 14 1 Month

42 ITC063/PS2 PRESTIGE SHOES 25 30 1 Month

43 ITC064/AD2 ADITHIYA SHOES 30 25 1 Month

44 ITC065/LI LISHWANTH SHOE 30 30 1 Month

45 ITC066/CL CLARA SHOES 30 30 1 Month

46 ITC067/VA VADUGANTHANGAL SHOES 15 15 1 Month

47 ITC068/BP4 BPS INDUSTRIES 19 19 1 Month

Total 1427 1362



Placement linked entry level training (Leather Weaver) - TNSDC (2015-16)

S.No CENTER ID Place of Training Total No of Candidates

Trained

Total no of candidates

placed

Training Duration

(in Month)

1 LW001/SS1 SUMAYA SHOE FABRIC 30 27 1 Month






7 LW007/SH1 SHANIYO EXPORTS 30 29 1 Month




Total 300 284

Approved training courses of TNSDC to Leather Sector is as follows

• Stitchers for Footwear, Leather Goods and Garments Manufacturing

• Cutters for Footwear , Leather Goods and Garments Manufacturing

• Skivers, Splitters, Folders, Pasting Attachers and Table helpers for

Upper Making in Footwear Manufacturing

• Leather Weaving & Leather weaver helper

� Units Assisted in Job Works

During the year 191 job works have been undertaken on various

machines, thus various units get benefited.


MSME – Technology Developm

7. PERFORMANCE

Physical Performance

Activity

Year

(A) Training

(a) Number of Training co

(i) Long Term

(ii) Short Term

(b) Number of Trainees tr

(i) Long Term (Total)

(ii) Short Term (Total)

Total

(a) SC Candidates

(b) ST Candidates

(c) Women Candidates

(d) PH Candidates

(e) Minorities

(B) Unit Assisted

(1) MSME

(2) Others

Total

PHYSICAL PERFORMANC

0

2000

4000

6000

8000

10000

12000

2011-12

10525

1354

lopment Centre, (Central Footwear Training In

2011-12 2012-13 2013-14 20

g courses conducted

5 5 3

367 52 78

s trained

246 210 98

10279 1335 1471

10525 1545 1569

1978 484 1045

3 23 31

6480 8 766

- - 1

977 977 97

1354 336 80

- - 1

1354 336 81

ANCE – CHART

2012-13 2013-14 2014-15 201

1545 1569

3424

33681

1107

Trai

Unit

g Institute, Chennai)

2014-15 2015-16

3 3

174 208

88 91

3336 6628

3424 6719

1449 2736

3 96

2553 5649

- -

323 82

1096 189

11 2

1107 191

2015-16

6719

191

Trainees trained

Unit Assisted


MSME – Technology Developm

Financial Perfor

Activity / Year

Revenue generated

Revenue Expenditure before

depreciation

Depreciation

Expenditure after depreciatio

Cash Surplus before

depreciation

Cash Surplus after

depreciation

Percentage of recovery befor

depreciation

Percentage of recovery after

depreciation

FINANCIAL PERFORMAN

0.00

100.00

200.00

300.00

400.00

500.00

600.00

700.00

800.00

900.00

2011-12

29

8.7

5

28

6.1

3

10

4.4

1

lopment Centre, (Central Footwear Training In

rformance (Rs. In

2011-12 2012-13 2013-14

298.75 170.09 222.39

ore 286.13 198.8 275.95

58.58 51.23 69.63

iation 344.71 250.03 345.58

12.62 -28.71 -53.56

-45.96 -79.94 -123.19

efore 104.41 85.56 80.59

fter 86.67 68.03 64.35

ANCE – CHART

2012-13 2013-14 2014-15

17

0.0

9

22

2.3

9

45

3.3

8

19

8.8

0 27

5.9

5 37

1.6

0

85

.56

80

.59

12

2.0

1

Revenue generated

Revenue Expenditure

Percentage of recovery

g Institute, Chennai)

s. In Lakhs)

2014-15 2015-16

453.38 869.50

371.6 757.18

77.26 63.67

448.86 820.85

81.78 112.32

4.52 48.65

122.01 114.83

101.01 105.93

2015-16

86

9.5

0

75

7.1

8

12

2.0

1

11

4.8

3



SIGNIFICANT ACHIEVEMENTS

1. Training: Around 91 candidates completed training during 2015-16 under Long

term courses with duration of about 1 to 2 years.

2. Training: 6628 candidates completed training during 2015-16 under Short term

courses with duration of about 1 month to 3 months.

3. Training: Under Pradhan Mantri Kaushal Vikas Yojana (PMKVY) Scheme, 4209

Nos, Under TNSDC, Govt of TN (Placement linked training programme) - 1727

Nos, NSDC - PMKVY (RPL) - 786 Nos, have completed by this Institute for FY

2015-16 under NSQF Compliance

4. Training: PMKVY training programme completed for 597 candidates at Tripura

state in North East India FY 2015-16.

5. The unique feature of CFTI, Chennai on training programmes shows 84%

women participants FY 2015-16

6. PMKVY certificate and placement order distribution to successful candidates

trained by CFTI, Chennai were issued in the presence of Hon'ble MP.

Mr.Senguttuvan, Vellore Constituency, Padmashree.Rafeeque Ahmed, Chairman

-CLE, Shri.Aqueel Ahmed, Regional Chairman-CLE, Shri.Habib Hussain,

Chairman, Leather Sector Skill Council, Shri.Ramesh Kumar,IAS,ED-CLE on 20th

February 2016 at Ambur Trade Centre.

7. Consultancy: New tie up made with "The Gandhigram Rural Institute" Deemed

University, Under Ministry of HRD, for technical assistance in establishing the

footwear workshop to conduct “B.Voc Footwear and Accessories Design” a years

course.

8. Consultancy: This Institute got notification to conduct Assessors Competency

Evaluation exams under MES.

9. Consultancy: CFTI, Chennai rendered service to Tamilnadu Text Book

Corporation, Govt of Tamil Nadu, towards inspection of factories participated in

the tender for free sandal supply to the school students of Tamilnadu.

10. Consultancy: CFTI, Chennai rendered service to KHADI Village & Industries,

Govt of Tamil Nadu, towards setting up of Full Shoe Plant at Ambattur Chennai.

11. The Physical testing laboratory established in CFTI, Chennai during 2014-15,

initially for training purpose is put in use and now setting up for commercial

usage under common facility services.

12. CFTI, Chennai achieved the total number of trainees trained FY 2015-16 by

6719 Nos which is 96% higher than, when in comparison to 2014-15

13. Revenue earnings of CFTI, Chennai FY 2015-16 is Rs.752.47 Lakhs which is 66%

higher than, when in comparison to 2014-15.



14. Participated in Designer's Fair 2016, Chennai during 31st Jan 2016 to 3rd Feb

2016 at Hotel Le Meredien organised by CLE.

15. Participated in India International Leather Fair (IILF 2016), at Nandambakkam

Trade Centre, Chennai during 31st Jan 2016 to 3rd Feb 2016

16. Participated in UITIC Footwear Congress-2016, held at Hotel ITC, Chennai

during 3rd to 5th Feb 2016 organised by CLE.

17. World skill day celebrated on 15.07.15 through TNSDC & PMKVY

18. Campus interview held in CFTI, Chennai for the successful completion students

of long term courses FY 2014-15, in the month of June 2015 and placed at

M/s.Sara Group of Industries, Bangalore, M/s Irbaz Shoes, Ambur and M/s

Raadhika Exports, Chennai & etc

19. CFTI, Alumni started during the year 2014-15, around 75 Alumni have

registered their names in our website.

20. CFTI, News letter in the name of footwear chronicle started during the year

2015-16 on quarterly intervals’ and the fourth edition of Footwear chronicle by

CFTI, Chennai is about to release in April first week

21. An Exclusive Placement cell of CFTI, Chennai established during 2015-16, helps

the students of CFTI and CFTI Alumni to create a Job assistance platform for

both employers as well as job seekers.

22. CFTI, Chennai is having many success stories from passed out trainees in

setting out of new units (or) being in a good position with leading Footwear

Manufacturers.

23. The damages caused by Chennai Flood have been recovered back to normalcy in

CFTI, Chennai, particularly in the area of Training assets within 45 days from the

date of flood devastation.

6. UTILIZATION OF PLAN FUNDS

(i) Unspent balance brought forward from 2014-15 (Rs. in

Lakhs) NIL

(ii) Funds received during 2015-16 (Rs. in Lakhs) 104.95

(iii) Funds utilized during 2015-16 (Rs. in Lakhs) 104.50

(iv) Unspent balance carried forward (Rs. in Lakhs) 0.45



7. DETAILS OF ASSETS REPAIRED & REPLACED DUE TO DAMAGE CAUSED

BY THE FLOOD IN CHENNAI

a. Under Grant–In– Aid (Plan / Recurring) General Head

S.No Particulars Value in Lakhs

1 Repair of Machinery & Equipment 37.04

2 Raw Material (Including Leather, Lining Leather, footwear Accessories and components)

7.91

3 Stationary and Course Materials 5.11

4 Miscellaneous works 7.29

Total (a) 57.36

b. Under Grant-In-Aid (Plan / Non Recurring) Head

S.No Particulars Value in Lakhs

1 Computer System, Printer and Copier (Including CAD System - 20 Nos)

20.78

2 office and classroom furniture 18.18

3

General Electrical Appliances (Including 2 UPS,

Biometric System, Plug & Sockets, Water Filter units & Wirings)

8.18

Total (b) 47.14

Net Total in Lakhs (a+b) = 104.50



8. FUTURE PLANS

Projected Action Plan for the Year 2016-17 Machinery & Equipments

S.No Name of the Machine Qty

Approx Value

(In Lakhs)

1 Skiving Machine 2 1.2

2 Sewing Machine PBSN 4 3

3 Sewing Machine FBSN 6 1

4 Hot Air Blower 1 1

5 Delasting & Relasting Machine 1 1.5

6 Cutting Dies 1.5

7 HDPE-LDPE Lasts for Designing. 100 pairs 1

8 Machinery Spares & Accessories 6

9 Air Conditioner 3 1.5

10 Computer 3 1.5

11 Library Book & Furniture 2

12 Electronic Weighing Machine 1 0.25

13 Generator - 200 KVA 1 21

14 Hostel cots and beds and a bio gas plant 1 25

15 Laser Cutting and Engraving Machine 1 6

16 Pneumatic oscillation Tool for Dieless Cutting

Machine 1 4

17 Sole Trimming Machine 1 1

18 Toe Mulling Machine 1 1.75

19 Heel Mulling Machine 1 1.25

20 Spray Booth 1 1.5

21 Chiller Plant 1 5.5

22 Shoe CAD Software Upgradation (Dimension 2D Upgrade from Ver 5.1 to 6.0)

17 17

Total Value (in Lakhs) (A) 105.45

Civil Works (Based on CPWD Estimate)

S.No Name of the Work Value in

Lakhs

1 Renovation of Electrical Wiring, replacement of fans and

light fittings 40.33

2 Repairs to Car Shed and providing pavar block to

Approach of Car shed at Central Footwear Technical Institute, Guindy Chennai 32

4.11

3 Providing and replacing LT panel Board 13.54

4 Renovation and replacement of street light and bollard

light 7.17

5 Facelift of Annexe building and polishing ground & First

of Floors 3.43

6 Renovation of Ground floor and first floor rooms

including toilets in student Hostel building of CFTI, at MSME campus, guindy, Chennai

34.54

7 Construction of additional floor (hall) in Annexe bilding of 123 sqm for CFTI at MSME campus, Guindy, Chennai

43.72

8 Preparing ground for play field like Volley Ball and Badminton Court at Central Footwear Training Institute, Guindy, Chennai

8.08

Total Value (in Lakhs) (B) 154.92

Total Grant in Aid (Non Recurring) required (A + B) = Rs. 260.37 Lakhs

Civil Works (B) = Rs. 154.92 Lakhs Machinery & Equipment (A) = Rs. 105.45 Lakhs

PHYSICAL TARGETS FY 2016-17

SNo Particulars Target

1 No. of Trainees to be trained 7300

2 No. of Jobs to be performed 210



FINANCIAL TARGETS FY 2016-17

SNo Particulars Target

1 Revenue to be Earned in Rs. 825 Lakhs

2 Recurring Expenditure in Rs. 600 Lakhs

3 Recovery Ratio % 137.5

FUTURE PLANS FOR DEVELOPMENT ACTIVITIES

1. To conduct training for more International participants.

2. To undertake the responsibility and train the rural artisans of Tamil Nadu

and neighboring states.

3. To extend the training facilities at district levels for shorter period with

placement assistance.

4. To introduce Modular Training programme on “Footwear Technology”

Keeping in view the increasing demand of the industry and people working

in the shoe industry we are in effort to start a Modular Training

programme on Footwear Technology for the carrier focused people,

working in the industry in order to impart the basic and advanced

knowledge & skill on various aspects of Footwear Technology &

management aspect related to footwear industry. This will facilitate to

empower the candidates for upbringing their knowledge and acquiring

additional qualification to their personal credit, besides fostering

technology upgradation and modern management techniques in the

Indian Footwear Industry. Modular courses will be provided in 14 different

modules for 8 different courses upto Degree in Footwear technology &

Management.

5. To establish Shoe CAD/CAM centre at CFTI, Chennai

6. To render more common facility services to SMEs for shoe making.

7. To establish a full fledge Physical Testing Lab

8. To initiate Greener environment with introduction of Solar Panel & Bio Gas

plant in Hostel

9.To get ISO: 9001 certificate & AICTE approval for the service rendered and

courses offered by this Institute in future course.



9. STAFF POSITION

As on

Group A Group B Group C Total

Tech Non-Tech

Tech Non-Tech

Tech Non-Tech

Tech Non-Tech

31.03.2015 3 0 2 1 3 1 8 2

31.03.2016 2 0 2 1 2 1 6 2

30.06.2016 2 0 2 1 2 1 6 2

10. GOVERNING COUNCIL DETAILS

The Governing council of CFTI is reconstituted every 3 years and the

latest reconstitution was vide O/o DC(MSME) fax dated 23.12.2014. The list of GC

Members is enclosed.

The last G.C. Meeting was held on 30.11.2015 at the Committee Room of

the DC (MSME), New Delhi.

LIST OF MEMBERS OF THE GOVERNING COUNCIL OF CFTI, CHENNAI

WITH EFFECT FROM 1ST JANUARY 2014

S.No GC Members Position

Representatives from Govt. of India

1 Additional Secretary & Development Commissioner President of the

Society and Ex

Officio Chairman of

GC

Office of DC(MSME), Nirman Bhawan,

Moulana Azad Road, New Delhi – 110 108

2 JDC / Director (Leather)

Member

Office of DC MSME

(as coordinating Officer for CFTI Chennai)

Nirman Bhawan

Moulana Azad Road, New Delhi – 110 108

3 Economic Advisor / Director / Dy. Secretary

Member (IF Wing)

Ministry of MSME,

Nirman Bhawan, New Delhi – 110 108

4 The Director

Member MSME Development Institute,

Govt. of India, Ministry of MSME,

65/1, G.S.T. Road, Guindy, Chennai-600 032.



Representatives from State Government

5 The Director of Industries & Commerce

Member Govt of Tamil Nadu

No.36, South Canal Bank Road, Mandavelipakkam,

Raja Annamalaipuram, Chennai – 28

6 The Director of Technical Education

Member DOTE Campus

Sardar Patel Road, Guindy, Chennai – 600 025

Representatives from Government Institution

7 Shri. Goutham Gopal Krishnan

Member Scientist

Central Leather Research Institute, Adyar,

Chennai - 600 020

8 Shri. Mohamed Sadiq

Member Head Design Studio

Central Leather Research Institute, Adyar,

Chennai - 600 020

9 The Executive Director

Member

Council for Leather Export

CMDA Tower – II, 3rd Floor, Gandhi Irwin Bridge

Road

Egmore, Chennai – 600 008

10 The Managing Director

Member

Footwear Design & Development Institute

A - 10 / A, Sector 24,

Gautam Budh Nagar, Noida, Uttar Pradesh 201301

Ph: 0120 - 2411335

11 The General Manager

Member NSIC Technical Service Centre

B – 24, Industrial Estate

Ekkaduthangal, Chennai – 600 032

12 The Director

Member Central Footwear Training Institute

C 41-42, Site “C” Industrial Area

Sikandra, Agra – 282007, Uttar Pradesh (U.P)



Representatives from Association

13 The Executive Director

Member Indian Shoe Federation, 3rd Floor,

C.M.D.A Tower II, Gandhi – Irwin Bridge Road

Egmore, Chennai – 600 008

Representatives from Industries

14 Shri. S.M.Rafeeque Ahmed/Shri.Irshad Ahmed

Mecca

Member Chairman

M/s Farida Shoes, 15/14, Mount Poonamallee Road,

Ramapuram, Chennai – 600 089

15 Shri. Sriharsha

Member

Managing Director

For Supreme Overseas Exports&Sura Leathers Pvt Ltd

No 11/1, 24th ‘A’ Cross, K.R Road, 2nd Stage

Banashankari, Bangalore – 560 070

16 Shri. Bhaskaran

Member

Founder and Director of PR Group of Companies

& Vice President of AFCAMMI

AJ 59, 3rd Street, Anna Nagar,

Chennai - 600 040, Tamil Nadu. India

17 Shri. K.R. Vijayan

Member

Chairman & M.D

M/s Good Leather Shoes Pvt Ltd

1st Floor, No. 16, Thiruvengadam Street

Periamet, Chennai – 600 003

18 Shri. Abijit Sett

Member M/s Ankur Footwear Private Limited

Essar Building, No. 162, Kundrathur High Road

Gerugambakkam, Chennai – 602 101

19 Shri. Ashwan Singh

Member

Managing Director

M/S Radhika Exports (P) Ltd

TS – 70, Industrial Estate, Ekkaduthangal

Chennai – 600 097

20 Shri. Nalin Gupta

Member

Managing Partner / Director

XO Footwear Pvt Ltd

A - 122, Mangolpuri Industrial Area, Phase - II

New Delhi - 110034



21 Shri. P.V. Prathap, Managing Director

Special Invitee

ISIS Exports Pvt Ltd,

99 & 100, Second Link Road, First Main Road

Nehru Nagar, Industrial Estate, Kottivakkam

Chennai – 600 041

22 Shri. Sivavilvaselvan

Special Invitee M/s P.A Footwear Pvt Ltd

No. 51, 1st Phase, 2nd Cross Street

V.G.N Nagar, Nolambur, Chennai – 600 095

23 Shri. Magesh Kumar

Special Invitee

Managing Director

M/s Future Well Shoes Pvt Ltd & Lloyd Shoes Pvt

Ltd

S.F.No. 251/3, Nellorepettai Panchayat,

Lingundram Village, Gudiyatham, Vellore District

24 Shri. Atul Kumar Nagrath

Special Invitee Head - Footwear Operations

M/s Tata International Limited

Chennai

25 Smt. Asma Yasmin

Special Invitee Firdous Apartment

3rd Floor, 25/11, Cenotaph First Street

Teynampet, Chennai - 600 018

26 The Director

Member Secretary CFTI

No 65/1, GST Road, Guindy, Chennai - 600 032

. Suryannrayarta U Co.,

Cfrartere[ Accountonts

AUDITOR'S REPORl

We have examined the attached eet of MSME - Technology'Development Gentre'

Chennai (Central Footwear Tr tt'ttu1 "

at 31"1 March' 2016 and the Income ano

Expendrture Account for the yea that date which are rn agreement with the books of

".fount maintained by the society or institution'

The Management is responsible for the preparation of these fina

. n J t'ii v ilw of t' e rin a n c i

"' o "'J[: : r' lo rtJ:?]1"'rlr"fi"r'fr 3 t'"

" "',imPlementation and maintenance o

ofthefinancia|statementsthatgiveatrueandfairVieWandarert'wnetheiO'utofraudo'"'iotWehaveobtainedallthe

information and expranations, which to tne best of o* tnowiedle and berief were necessary for

the PurPose of the audit'

ourresponsibi|ityistoexpressanopiniononthesefinancialstatementsbasedonourAudit'

we conducted our audit in accordance with the standards on Auditing issued by the rnstitute of

Chartered Accountants of India (lCAlit6ose standards that we comply with the ethical

requirements ano plan and perform-the audit to obtain r lle assurance about whether the

financial statementl are free'from material misstatements'

In our opinion, proper books of accounts have been kept by the society or institution'

|nouropinronandtothebestofourinformationandaccordingtotheinformationgrventous,the said accounts give a true and fair vrew, subiect to t:he incertainity nature of receivables

from TAMCO, relticb';;a;;^iiiai i"rt'Book & Educationar services of eartier vears

amountingfo Rs. 55,4O,O2O.AND ;;; ieieiia'te of ni' 15'82'468h as stafed in the notes

in schedule 13.

i)inthecaseoftheBa|anceSheet,ofthestateofaffairsoftheabovenamedsocietyorinstitution as at 31't March' 2016 and

ii) rn the case of the Income and Expenditure Account' the excess of income over

u)(punJitureofitsnc"o,nt,ng.iearendingon3l'tMarch,2016.

forBsurYanarayana&CoChartered Accountants

B. SurYanarayana

Padner

hrrno- 2r\ 8 erPlace. Chennat

Date: 06/05/2016

PARTICULARS

CAPITAL FUND AND LIABILITIES

Caoital Fund

Unsdcured Loans and Borrowings

Current Liabilities and Provisions

ASSETS

Net Fixed Assets

Current Assets, Loans & Advances

Significant Accounting Policies

Notes on Accounts

for MSME Technology Development Centre

(Central Footwear Training lnstitute)

K.IVf T'R.ALI

h

/' DirectorgEP.1 T/rL i:OCTWEAR TRAINING INSTITUTE, ChENNA|

K.Murali

Director

lvl S I'l t-Technology Development Centre

Government of India Society

il,lrnisiry ol Micro, Small & Medium Enterpliser

65 / 1, c.S.T. Road, Guindy, Chennai- 32. (lNDlA)

Place : Chennai

Date :06/05/2016

MSME . TECHNOLOGY DEVELOPMENT CENTRE(cENTRAL FOOTWEAR TRATNTNG TNSTTTUTE)

65/1, G.S.T.ROAD, GUINDY, CHENNAI 600 032

BALANCE SHEET AS AT 31ST MARCH 2016

SCH.No AMOUNT

As at

AMOUNT

As at

31.03.2016 31.03.2015

Rs

1

2

J

100122724

U

9425192

1 0954791 6

47110169

62437747

1 0954791 6

84762865

0

7079908

91842773

52978327

38864446

9',1842773

Total

Total

12

13

ln accordance with ur report

of even date atta

for B Suryanaray

Chartered

B. Suryanarayana

Partner

flAotst Lr\g z--

&Co

\,

MSME - TECHNOLOGY DEVELOPMENT CENTRE(cENTRAL FOOTWEAR TRA|NtNG tNST|TUTE)

65/1, G.S.T.ROAD, GUINDY, CHENNAI 600 032

INCOME AND EXPENDITURE ACCOUNTFOR THE pERtOD 01t04t201s - 31/03/2016

SCH.No

2015-16

PARTICULARS

INCOME

Income from Job Work Receipts

Income from Training Courses

Miscellanous Receipts

Change In Inventories

Less: Monetary Reward for candidates &

Bank Charges directly deducted for PMKVY

EXPENDITURE

Establishment Expenses

Training Expenses

Other Administrative Expenses

Renovation due to Flood affected

Total (A)

6801 20

84075480

1377798

81622286949620

7573862

79375758

6625395

32151622

26490941

10449937

757'17895

7573862

68144033

11231725

6366866

4864859

0

1 0495000

1 0495000

1 5359859

AMOUNT

2014-15

1122506

43696089

586978

-68084

45337489

45337489

8679461

1107 1156

17408916

0

371 59533

371 59s33

8177956

7726260

451 696

1 1 500000

0

1 1 500000

1 1 951 696

n

7

8

I10

11

(D+E)

12

13

Less: Monetary Reward for candidates &

Bank Charges directly deducted for PMKVY

Total(B)

Excess of Income over Exoenditure

Excess of Expenditure over Income (-)

Depreciation

Excess of Expehditure over Income

c

D

(A-B)

Grant - in - aid (recurring) from Govt.of India

- For revenue nature

- For renovation due to flood affected

Total (E)

Net Balance Carried to Balance Sheet


Notes on Accounts


Director 05 / 1, G.S.T. Road, Guindy, Chennai- 32. (lNDlA)

Place . Chennai

Date :06/05/2016

In accordance with ur repon

of even date attac

for B Suryanaraya

Chartered

B. SuryanarayanaPartner

& Co.

MSME - TECHNOLOGY DEVELOPMENT CENTRE(cENTRAL FOOTWEAR TRAtNtNG tNSTtTUTE)

SCHEDULES FORMING PART OF BALANCE SHEET FOR THE YEAR ENDING 31st MARCH 2016

AMOUNT AMOUPARTIC

Schedule - 1

CAPITAL FUND

Balance as at the beginning of the yearAdd : Contribution towards Capital Fund

Non - Recurring Grant-in-aid from GOI

LessBalance of Excess of Expenditure overIncome

As per Last Account

Surplus of the yearDafinii fnr ihc va:r

Total

Schedule - 2UNSECURED LOANS AND BORROWINGS

Schedule - 3CURRENT LIABITITIES AND PROVISIONS

A.CURRENT LIABILITIES

Caution Money from Trainees(Refundable)

Tax Deducted at Source - Payable

CPF Payable

Gratuity Payable

Audit Fees Payable

Salary Payable

Electricity Charges Payable

Telephone Charges Payable

CPF Advance

LIC lnsurance

LIC GSIL Payable

B.PROVISIONS

Provision for TNSDC Training expenses

Provision for PMKVY - Outsource

Provision for Rent

PGHD Course Fee - Unexpired Revenue

Provision for Flood renovation expenses

Total

C.SUNDRY CREDITORSA

-hi^^ ^^r^,;^^nil tvtvd vdLEt il tg

Global Xerox

Naveen Agency

PD Balan Enterprises

S Rajarajeshwari

Net Total

Schedule - 4

FIXED ASSETS: ( as per Schedule annexed)

Gross Block

Additions made during the year

Deleiions During the year

Depreciation Block

Depreciation as per Last AccountDepreciation for the year

Withdrawn

Net Block:

RsRsRs

51 925338

1 5359859

121961261

498708

122459969n

68982934

6366866

753498000

36565479

As at

31.03.20161 36688203

0

0 tJooatdzuJ

As at31.03.2015

1274822030

9206000

63877034

1 1 951 696

101081756

20879505

121961261

0

o t.2300/4

7726260

689829340

1 123080

244369

3249517910

1 4500

JZJ36 |

111163

30370

32240

560

2940

2800275

1611900

760000

720000

1 600003

5000

9425192

too/too

1 550

700

0

1234

450

9247

1261

0

0

0

0

0

9425192

122459969

75349800 e*e! ,;:,

i rrr

{;

471101

121

'X"9

MSME . TECHNOLOGY DEVELOPMENT CENTRE(cENTRAL FOOTWEAR TRAtNtNG tNSTtTUTE)

SCHEDULES FORMING PART OF BALANCE SHEET FOR THE YEAR ENDING 31st MARCH 2016

As at31.03.2016

As at31.03.2015

Schedule - 5CURRENT ASSETS, LOANS & ADVANCES:A. CURRENT ASSETS

1. Closing Stock of Materials/Consumables2.lncome ReceivableTAMCO

TAHDCO

Tamilnadu Textbook and Educational ServicesTNSDC Training Programme

Couse Fee from Students

JOB WorkPMKVY Training Fees

LSSC Rent

LIDKAR Fee

SC/ST Reimursement

Total

3. Cash in hand & Bank Balancesa) Cash in hand

b) With Scheduled Banks

- In Current / Savings AccountsTotal

B.LOANS.ADVANCES & OTHER ASSETS:1 Security Deposit - Electricity Board

2,Advance to Staff - Festival & TA/DA3. Tax deducted at source recoverable3 (a)Tax Deducted at Source Recoverable FY 2010-113 (b)Tax Deducted at Source Recoverable FY 2Q11-12

3 (c)Tax Deducted at Source Recoverable FY 2012-133 (d)Tax Deducted at Source Recoverable FY 2013-143 (e)Tax Deducted at Source Recoverable FY 2014-153 (e)Tax Deducted at Source Recoverable FY 2015-164. Advance to SuppliersVaigunda Agencies

5. Other Advances

Due from Asst Executive PWD

MACP Recoverable

Advance to Branch (Ambur Sub-Centre)Total

Grand Total

2046650

1 266000

3674020

600000

84 1 6006

331 50

247596

25049777

351 673

1 350000

248870043476922

1230428

I ZOOUUU

3674020

600000

7477800

331 50

566896

0

0

1 60000

35635001 7341 366

81 000

1 86037961 8684796

209770

30350

1 7006

684850

coSz

96600

55984

7000

228270

267394

5000

1 6078s6

38864446

1 0941 0

14581613

14691023

209770

56250

1 7006

684850JOJZ

96600

65984

7 12396

0

228270

141394

5000

2223152

62437747

MSME . TECHNOLOGY DEVELOPMENT CENTRE(cENTRAL FOOTWEAR TRA|NtNG tNST|TUTE)

SCHEDULES FORMING PART OF INCOME AND EXPENDITURE FOR THE YEAR 2015.16

As at31.03.2016

454720

225400

As at31 .03.2015

'1092006

30500

Schedule - 6Income from Job Work & Consultancy ReceiptsJob WorkConsultancy / Inspection fees

Total

Schedule - 7

Income from Training CoursesCourse Fees for Batches - ChennaiCourse Fees for Batches - AmburSC/ST Reimbursement DC - MSME

Hostel Accomdation / Mess Fees

EDI Fees

Training Fees:

LIDKAR

TNSDC

PMKVY

PMKVY - RPL

Star Programme

Others

Schedule - 83. Miscellanous ReceiptsSale of Applications

Interest on SB A/C

Uniform Fees

Re-Exam Fees

Rental lncome

Testing ChargesOihar Raeeinte

Total

Schedule - 9Establishment Expenses

Salaries & Allowance

Employer Contribution to CPF TrustBonus

Contribution towards LIC Group Gratuity Scheme

Earned Leave EncashmentLeave Travel Concession

Tution Fees

Medical & Travel AllowanceTotal

6801 20 1122506

851 39001 99000

Bl 66700

2691 050

0

405000023877650

34612967

1425208

454005

85000

5724450140600

1 0793500

2110430

259246

9750007477800

0

0

1 62 1 5063

0

84075480 43696089

1 1 9550

706

3000

42200468650

/ tJoJ I

30061

128735

zt Yz

45000

70800

0

0

339651

1377798 586978

5668255

460676

20724

17910

1 2589

38007

1 0881 0

298424

i/ OYtiJVO

493526

J4ZCZ

42086

1 63370

90780

1 3490

tz+Jco I

6625395 8679461

-7----";;;-.-

MSME - TECHNOLOGY DEVELOPMENT CENTRE(cENTRAL FOOTWEAR TRAtNtNG tNSTtTUTE)

SCHEDULES FORMING PART OF INCOME AND EXPENDITURE FOR THE YEAR 2015.16

Schedule - 10

Training ExpensesGuest Faculity

Hostel Mess Expenses

Moderation Expenses

Raw Materials

Segment Fees

Stipend to Apprentice

Leather Training Programme

Training Programme - LIDKAR

Training Programme - PGHD courseTraining Programme - PMKVY

Training Programme - StarTNSDC Training programme expensesTraining Programme Expenses - OthersTesting Charges

Schedule - 11

Other Administrative ExpensesAdvertisement & Publicity

Annual Maintainance Charqes

Statutory Audit Fees

Bank Charges

Professional and Consultant CharoesTravelling & ConveyanceEl^^+.;^i+., nh^"^^^LrgUU r9[y Wr rqr9g)

Hiring Charges

Repairs & Maintenance - Hostel Upkeeping

Repairs & Maintenace - Computer,Machinery & EquipmentRepairs & Maintenance - Building,Office & Garden

Membership Fees

Postage & Telegram

Printing and Stationery

Rent (ambur Sub Centre)Pnnia Fvnenqac

Staff Welfare and entertainment

Staff Paid from ContingenciesTelephone and Data Card expensesInspection Charges

Miscellaneous exoensesI anal Fvnoncoq

Subcentre Expenses

Uniform Exoenses

Total

Change in InventoriesOpening Stock

Closing stock

Increase/ (Decrease) of inventories

Renovation due to Flood affectedComputer System, Printer and CopierGeneral Electrical Appliances

Miscellaneous expenses

Office and classroom furniture

Raw material

Repair of Machinery and EquipmentStationery and course matenal

Total

31.03.2016

ZJVUCU

2823012

8454401 332694

0

45600489550177025282300

21219484

0

3987348

443156

266963

32151622

31.03.2015

90066

1 593837

778151

2402550

52000

2800

900121

0

0

0

45619921 9806

11071156

21 55588

1 4500

16287

311461

17 1308

976439

549567

147750

2584244

1809779138429

czzo I

853414480000

49875

0

14620578

314478

0

727418

ZOIJU

51421

439408

1 343689

344450

1 5000

14938

214781

804455

864892

65301 7

175502

1454259743270

13217 1

42139

1 295508

480000

JJZUC

75300

77377 11

142392

zo too

339745

to/Y tc89379

219032

26490941 1 740891 6

12304282046650

12985121230428

6 tozzz -68084

408980

404724

1 861 652

61 0906

1252770

47 14264

1 196641

0

0

0

0

0

0

1 0449937

ILrF;5;9==9JJ:6-@ooX=.===

3; P 3 P Fa 3 - =."Q"'d3l+-6d

l- P-51-F;x ; *€otao 6'

o'!

trt(ftsilo + PiSto tsdold :s55E 4:?IUlolo d?,lBdlolo

l6

z </)o-g)

Tmat-T5

rxmo(t(,m-U'

^=o@mBzm

_Fn.TI Iozqo

];HVg{mn<>m--z6zao3-m)zzU'1ioEE-{gt

m

ooo=.!=.J

aao@

OC)OOOO;e;s;sS;9;s;e;9S;e S;QS;sSSAoo

q

o

(o(o

q@o@

@@

a

o@ 5o)o) N!o) o

9

oo

!o) 'iP9 5

oj5ooo50NNI@OAfo)o@5@O!JoN{ac)

l

-l ,l

oJ5OOOAONNJ(OoSJooos(o@{JPN{PP

N

ANNO!o

OO

N

ANNO!o

J-A !O@Oo.) OO)OOO5OO

@oooo5!NOOOO)

rlr !o

OOOSOO@ooqN@@OOOOS!NOOO)O@oooo5

O>NO

q

C)n@am--tox

^o

Ociq

la

9>NOo-o

ooo

@

o>@aNO

o

N@

\5N

N

55s

d-oao!@oJ.{NN

9-sooo

O6Jo,o {r'5 ON!@{{oOOO

N

oo;-

N

$Cr

c

N

o

cITTrrlo

=z

-n

Jo

oo

oo-.la

N{N

o

NAO

@rr@ooo-oo NOrOO--l@o.)rrO) :tAO)JAOq@O!@ :XoN@o)@oN5!c)o@aJ5o-5o<i6 !ooooJoNO!O @

(,o5

o!ooNo!@ao)oq

N(')oo

@N@A

AN

a!

OO

b>NO

o

N

5Aq

OO,! NAO@o)oJ@oN-oo!ol@@o@@@looJooo.

@50) o50o)@N@5N@(){@@Jor{o{c)@}J6ONA

=05 @JNO)N Oo{@N o50r@o o@ooN o

-i

oN oJN{{ ON5A@ O

}{NN S(ooor 5

O)@J oooo{N5{r5@o@@N\l!5rro)!@aa{oNo!@o

o>QANO

qzm

mrox

NO+J ONANO)JONJ5O6AIIN@5NNA@JOOOJOO)NO!

b>@@NOo+;

aoImor-m

5

nxmo

U)(nm-{U>

omzI

rT

-t€m

v-{

zz

=a-{-cIm

m

-tmoTzr

-m

m-o=mz-mz-{m

E*F5399958$fiEqEs:- T fl: q" r il

^=;2:3 ?; g

n€ _ o g d o o i o -o u o :- l,5Y; !ae;- -- io; P€ 8q€3"'Io3 oRii9*6ia nsg e-3-Be'r-q f ts;= =i

<3 @

XAO;* f,

! s 9,) i9 =

5-; t r o o o o (, x s, a U)

!"3E'*3E 3[E q ex@ o e =

q ;dd:

- is'e I #asa*;{d;: iq *

=V ya =frd+ep'e, xlE;yUqe 1g g:3q,BEBH a;iA3lo 5a ,:'9;:li3 4-=e=83

0= ao i<;xF dd 9--= ^

oq,-<i =l :: H le q< ;; :>.' i. X = +o o - |:'! I T

,=-oOlF3-uloJog

ao5'o

(n

oo

ofo36o-ocoJoo--lol

ooo=.-=.fo

o

ooNs -qe6 -- or J+'o -+'-8 r o !q_ N'OS o@@NNO!oqr-.loOofuo-NcbuS-o<oN>!@rrq O: QA N:'!4@5 o C)oo r@O r@N S oON@OO@Oo- o -o-o u S o5A I :{ O q) O N - O O t:t Q !I Q Q N O cO O O) O O O + @ O - O S Or O - o @ a @ c') @:i q) q) o q) N o o o o q) e q) e e @ o o o o q) N o -tr s - @ N j\ - - N o co o 6 6 fN o o o o o o N o c) o o o o o o o o o - - cl q N o o o bo @ < 6 s o o d <i E o

oO)

Nooooooooooooooooooooooooooooooooooiooo

qqolqqqoooooo6o ooo ooo qo osssssssssssssssssssssss

oN5 ooo6 @ or rse JANroS 0)@@NNO@O!OO)ONOrNON.5 JO!SNraoS0ooo J@oJ@[email protected] O O) O) N r O O ! C) q O O N O @ O O O O @ S @ @ N O Io oo) N o o o o o oo o o @o o o o c) No 5 a o @ N Io o oo I N ooo o o o o oo o o o oo o Nc)oo @@

OOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOO

o!JOO O@@5@ooq@oo@!o)orOO!OOOOOOO

N

o)No -srs6-S or io 3 N o @o ou@or@NooJrNJ@o)!o)o! +r@or@N oorN@@rao @ r o o o I f f ! @ 5 s .5 r o @ .a 5 N o) - o) a N ! o o N 5 @ o a a ! ! .j @NOO 5OO ! ! J N@O A @ N @A N J @@6@ NOO)OO)O ONA@O ! OAf@aol ! N o@oo ! @ r o o@o N o ! J Jaoo ! r !c') @@ N oo j < N 5OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

;95 N JsJ

-l-d No@rNcDrrNNNSf NOOr rO@NNO Jo N@oo ! o@@o ! o @ro @!o 5 0@o@o)ooa6aoo r o r o) ! N @ o)o { oo o } N s o @ @ o N r o) N @ f 5J@o)@ NOO-.1 A SO O@@5 N5 f OO A 5 0 NOO @OJ@O)O O O@5 5 r I O! 5 @OOS OO NoO !@OI JO OO O O O O O O OO 5 @ J OO O JO) O O O O OO OO OOOOOOOOOOOOOOqOOOOOO6OOOOOOO

-Tl

J@

oD

N

o!N{I

NNO@5

oOSa@O orO 5J @oNJo@ !J @ NO) @ O J O J O) N O @ N N N N J @ O O O) OO {Oa@NOO! 5 o.)@ J}Oa@ NAOO }t oo o) o o o 5 N o) 5 @ @ s J @ o o) { r o ! o J ro N @ o) @ o) (r ! @ N o o 5 ! J ! (o r cr o @ o) N

oa

5>--t f@

=:oO

-=

oc

€o

9ao3.

o

o

ON

gr a.:(<

6=aio

=T

lz-loils ITT==h -TTJ

l: ,=lii a->4.l-.-=^^to c!?x=l(t *P U:lo 5< \iil> 6>lx:l8 >3;;lo

==.oo16 =;3.3;a=,.^Y6 @ v)

^i=^.-=

=:4?-o

lot9

oI.,o.r.r.rr.rllE -o9 I E q E:91b',q F €; q q q -€ H

o l_.@LYX;i=i=iI-;o!o--

=Jf l9:eltrx;IlqqqEFlo8*EH===--8|il

!i - 1.TT1 Tr o_lotr-pA& eltto \OOo --):<a<Lo@

zao-(t

Im

t-m

5

^=oam=4mAt>ri.TI IOzoo-lrrfiI40+mv<>m--za;.zao=-m:ZZa4-{^lm\zl!t

m

-oo=.

=.)

o

s ssoJ o) o) o o) o) o) o) o.) o) o, o) o)o oooo ooooooooos ssss sssssssss

noo

5

q

o

o

N

@q@o,

o@

@N

o,

5(!o@cro@OOOooo o

@@

OO

@

O

N5@J N@N @

oo 5

5NO5!5

JNa o(,

N jo 50{[email protected]@SO,ONO!@NOso)o@or!!

o5000oo)oo

5-{NSo{(,OONO N

o>i.c o

()

o

A{o,

^@

Oatq

=fl

oNq

ol{t

{..1

N

N

qq

N

@o

o@

N@6A

@oNN OOO

!NN!

il9>v=NO

q

-@--o

c O

ooo-f

NN

o

{\l

a

@N

O)

O O

N@@@f

oOOOO 5OOOO @

JN@ oo

NNO A5@{-{JoJ\lN@o)}JooN@!ooooSoo@oo)o{OANOOO@NOooooooboo

aO>NO

o

6

@

N@6A

@N

N

@N@@5{5o) :NONS X

ooooo o,

5(ra@@@!@@NSNN,

=osoJ :i6

ooo9 o

Noooo{o{oNONO 'ioc)ooo

=NsNo x.l

oooor o

Nj@oo@oo)o){!fNSNO

oNqo(oooobb

a50@NNNON{@N{@OofN6@

QNo$!55NAOob

!A!@A@OO

N@O!oONN@5{oN)o)$

o)No+

!oOOOO

c

ON

(,

om-o

mot--.1

z

oact

Ol

!N

o()@o

-Tl

fo

oo

o

JO550)!oo)NOOO@@5IOOo@!o6

OOOOO

OO-{@(ooJO@(obb

JN

50o-{N{O!ONb5

oo6-=.=

dA

c O

a

o>QANO

o)

5

N

qN

\N{

qN@{oN{

@o@

o

@N

ooOO

OOO

ONOO OO5O@ GOO@O)COOO N

No@Nf

oNo

N

5 @q 5O)

5o

O>NO

q2IT

{og)

N

Oro oo

OA

NqA!N

N5@O)

N5N

ooNo)A

!5AAO

N

NO'NCoO\lo)(oro(rq

(oN

5.t|

N

A-{N

5o

oaN-{

oO>NO

aC

MSME - Technology Development Centre (Central Footwear Training Institute)

Schedule 12 - Significant Accounting Policies

1. The financial statements are prepared on the basis of historical cost convention, unless othenruisestated and on accrual method of accounting except bonus, gratuity and leave with wages which isaccounted on cash basis.

2. The institute has taken group gratuity policy through LIC of India and contributions are made uponcertificate obtained from LIC of lndia.

3. The leave encashment benefit is accounted on cash basis.4. All the fixed assets are stated at cost less depreciation.5. Depreciation is provided on written down value of the assets & for assets acquired during the year is

provided on pro rata at the rates prescribed under Income Tax Act.6. Government grants of the nature of contribution towards capital cost are shown under the head

capital fund and grants of recurring nature is considered as revenue.

Schedule 13 - Notes on Accounts

1. Debit and credit balances are subject to confirmations from parties.

Figures of the previous year have been re-grouped/re-arranged wherever necessary.

Fixed Assets: other than land & building - the institute has initiated steps for maintenance of fixedassets registers as prescribed and conducting physical verification . The necessary rectificationsshall be effected in the books of accounts upon completion of proper reconciliation and approval.

Civil Work construction through PWD -a. Balances due from PWD of Rs.2,28,270l- is subject to certificate of confirmation andb. As completion certificate was not received for building construction (compound walls, service

road, toilets) and thereby continued the status as capital WIP - Rs. 92,06,0001

Grant-in Aid (Recurring)of Rs.1,04,95,000/- has been received from Government of India towardsmeeting out immediate renovation / rebuilt & need based expenditures to run the organization dueto severe flood affected situation. The grant amount was given for certain specific expenditureswhich were incurred out of the grant amount (including provision of Rs. 16,00,003/- made foridentified items), which are listed in the schedules to financial statements and both transactions are

shown under the lncome and Exoenditure Account.

6. Revenue from sponsored training programme are recognized on the date of completion ofrespective training courses and thereby estimated revenue on incomplete programme are notconsidered on the balance sheet date.

Considering the uncerlainty level of 100% successful result orientation programme and also theirsettlements are based only on successful course completion, it is considered appropriate torecognize revenue on certain percentage of the total training fee (PMKVY Training programme at

80% and PMKVY - RPL at70%). The differences between the actual settlement and the estimationshall be adjusted at the time of realization on prudent basis.

In respect of sponsored PMKVY training programme, the monetary reward for candidates and bankcharges are directly deducted and thereby, the net amount of course fee are collected from theauthorized banks. However the revenues and respective expenditures are shown in gross value and

disclosed in the financial statement.

In respect of 1B months PGHD course, the revenues are recognized on the basis of time period and

thereby income relating to the period beyond 3110312016 are transferred to "unexpired revenue" and

shown under the current liabilities.

2

J

4

8

Receivables from TAMCO for the earlier vears 2011-12 andfor a longer period.

10 201 '1266000/- are pending

'11. Receivables from TAHDCO for the earlier years 2012-13 and 2013-14 of Rs.36740201- are pendingfor a longer period.

12. Receivables from Tamilnadu Text book and Educational Services forRs.6000001 is pending for a longer period.

13. MACP Recoverable - Rs. 1,41,3941- from the erstwhile staff (retired)

settlement due in respect of EPF.

the earlier year 2013-14 of

shall be adjusted out of the

14. Provision for expenses of rent (ambur sub centre) has been made on estimated basis as the leaseagreement is yet to be executed.

15.TDS receivable of Rs. 15,82,4681- for certain years are realizable subject to filing of income taxreturns for the respective years. Income Tax Returns have not been filed for earlier years.

16. Considering the present status of factual position and based on the expert legal opinion, provisionfor Income tax liability has not been made so far

17. Amount recoverable from students of Rs.33.1501 are due to non-encashment of of DDs.

18. Current Assets, Loans & Advances are unsecured and considered good.

In accordance with our report of evendate attachedB. Suryanarayana & Co.

Chartered Accountantsfor MSME - Technology Development Centre

Government of India SocietyMinistry of Micro, Small & Medium Enterprises

65 / 1, G.S.T. Road, Gulndy, Chennai- 32. (lNDlA)

B. SuryanarayanaPartner

\ocr. 1\\82Director

Date: 06.05.2016Place. Chennai

MSME . TECHNOLOGY DEVELOPMENT CENTRE(cENTML FOOTWEAR TRA|NtNG tNST|TUTE)

RECEIPTS FOR THE YEAR ENDED 31.03.2016

RECEIPTS CurrentYear Previousyear

Amount

RSRs

Opening Balance

a) Cash in Hand

b) Bank Balances

Loans

Unsecured Loans - CFTI Agra

Grant Received

Grant In Aid Non - Recurring from GOI

Grant In Aid Recurring from GOI

Grant In Aid Recurring - Flood affected

Revenue Earnings

PMKVY Training Programme

TNSDC Training Prgramme

Star Programme

LIDKAR Fee

Other training Programme Fees

Course Fee

Course Fess ( Ambur)

Hostel Mess Fees/ Accomodation

Testing Charges

Job Work

Inspection Charges

Interest on SB

Miscelleaneous Income

Uniform Fees

Other receipts

Receipts against loans and other current liabilitiesDuties & Taxes

Caution Money Deposit

Lic-GSIL Receipts

Receipts Agianst other advances

Loans & Advances

Sundry Debtors

Asst Executive PWD

Other Advances

DirerctorCENTRAL FOOTWEAR TRAINING INSTITUTE, ChENNAi

MSME-Technology Development Centre

Government of India Society

Ministry of Micro, Small & Medium Enterprises

65 / 1, G.S.T. Road, Guinrdy, Chennai - 32. (lNDlA)

93555848 69910887

For B.SURYANARAYANA &Chartered Accountants

FRN-O125525

CA B. Suryanarayana

Parlner

M.No.214825

0 9206000

0 11500000

10495000 0

3414539 0

22939444 0

454005 0

2860000 0

85000 17030063

9763400 15431576

199000 0

2778200 0

713631 0

454720 525110

225400 o

706 0

91261 0

3000 0

162050 617478

81 000

1 8603796

5000000

29502

213920

25578

633244

13564452

0

765000

80700

7003062

0

0

31060

0

0

8434500

51338

0

co

PAYMENTS

Expenses

Salaries & Allowance

Employer Contribution to CpF TrustBonus

Contribution towards LIC Group Gratuity Scheme

Earned Leave Encashment

Leave Travel Concession

Tution Fees

Medical & Travel Allowance

Training Expenses

Guest Faculity

Hostel Mess Expenses

Moderation Expenses

Raw Materials

Stipend to Apprentice

Leather Training Programme

Training Programme - LlDt<AR

Training Programme - pGHD course

Training Programme - PMI{/YTNSDC Training programme expenses

Training Programme Expenses - Others

Testing Charges

Other Administrative Expenses

Advertisement & Publicity

Anriual Maintenance Charges

Statutory Audit Fees

Bank Charges

Professional and Consultant Charges

Travelling & Conveyance

Electricity Charges

Hiring Charges

Repairs & Maintenance

Membership Fees

Postage & Telegram

Printing and Stationery

Rent (ambur Sub Centre)

Pooja Expenses

Staff Paid from Contingencies

Telephone and Datia Card expenses

Miscellaneous expenses

Legal Expenses

Subcentre Expenses

Uniform Expenses

Renovation due to Flood affectedRepayment of Loan - CFTI AgraRepayment of Loan - Leather CouncilRepayment of Loan - HRD SupportPayment of Current LiabilitiesPayment to Fixed Assets

Closing Balances

a) Cash in Hand

b) Bank Balances

Total

Current Year Previous year

5732235

460676

20724

20689

12589

38007

I 0881 0

298424

239050

2823012

845440

1 332694

45600

489550

177025

282300

1 9607584

4787073

443't56

266963

2 1 55588

0

15000

16287

31 1461

1 71 308

946943

549567

4541773

138429

52267

8534',t4

480000

49875

't4620578

3'14478

7274't8

26730

5142'l

439408

8849934

5000000

0

0

22638

498708

109410

7889079

455832

34252

21397

1 63370

90780

1 3490

137653

90066

1 584590

77815,1

2402550

CZUUU

2800

0

0

0

0

4528942

0

1 343689

344450

't6292

14938

378046

804455

837205

65301 7

2802155

132't7'l

42139

12950s8

0

33205

7284873

126466

261 66

0

0

219032

0

4000000

500000

1083375

42000

1'1002407

81000

14581612 18603796

93555848 69910887


Director

Place: Chennai

Date :06/05/2016

K.\/ILTIEALIDirector

r-] E NT RAL FOOTWEAR TRAI I[ I NG I N STITUTE, ChCN NAi

MSME-Technology Development Centre

Government of lndia SocietY

Ministry of Micro, Small it Medium Enterprises .

65 / 1, G:S.T. Road, Guindy, Chennai- 32. (lNDlA)

In accordance with our report

of even date attached

forBSuryanarayana&Co.

Chartered Accountants

B. Suryanarayana

Partner

nlry\ ) z\\ ez-

MSME - Technology Development Centre (Central Footwear Tralning Institute)

Accounting year Ended 3110312016

st.No

Schedule 13 Notes on Accounts Action Taken

1 Debit and credit balances are subject to confirmations from parties. Action will be initiated for obtainingconfirmation of balances from oartiesat the earliest.

z Figures of the Previous Year have been regrouped/rearrangedwherever necessary

Certain account heads have been re-grouped to comply with the format ofannual reoort.

Fixed Assets: other than land & building - the institute has initiatedsteps for maintenance of fixed assets registers as prescribed andconducting physical verification of fixed assets.

Statement of facts.

After completion of verification &reconciliation process, the necessaryaccounting entries shall be effected in

the books of accounts4 Civil Work construction through PWD - (a) Balances due from

PWD of Rs.2,28,270t is subject to certificate of confirmation and(b) As completion certificate was not received for buildingconstruction (compound walls, service road, toilets) and therebycontinued the status as capital WIP - Rs. 92,06.000/-

As our accounts are placed forapproval in lesser than 2 months ofannual closing, we could not obtain theconfirmation of balances andcompletion certificate for 2015-16. Thenecessary verification/ reconciliationshall be carried out.

6 Grant-in Aid (Recurring)of Rs 1,04,95,000f has been receivedfrom Government of India towards meeting out immediaterenovation / rebuilt & need based expenditures to run theorganization due to severe flood affected situation. The grantamount was given for certain specific expenditures which wereincurred out of the grant amount (including provision of Rs.

16,00003/- made for identified items), which are listed in theschedules to financial statements and both transactions are shownunder the Income and Expenditure Account.

Statement of facts

Information added to the Notes onaccounts for the purpose of disclosureof accounting treatment

h Revenue from sponsored training programme are recognized onthe date of completion of respective training courses and therebyestimated revenue on incomplete programme are not consideredon the balance sheet date.

The income of training programme areconsidered only upon completion ofrespective programme.

7 Considering the uncertainty level of 100% successful resultorientation programme and also their settlements are based onlyon successful course completion, it is considered appropriate torecognize revenue on practically possible percentage of the totaltraining fee (PMKVY Training programme at 80% and PMKW -RPL at 70%). The differences between the actual settlement andthe estimation shall be adiusted at the time of realization onorudent basis.

Statement of facts

The rate of successful comoletion notonly depends on training partner butalso other influencing factors likeAadhar Validation, failure inAssessment and drooout of thetraining programme

8 In respect of sponsored PMKVY training programme, themonetary reward for candidates and bank charges are directlydeducted and thereby, the net amount of course fee are collectedfrom the authorized banks However the revenues and resoectiveexpenditures are shown in gross value and disclosed in thefinancial statement.

Statement of facts

Even though there is no impact on netprofit, as CFTI is the agency to carryout this sponsored programme, therevenues and respective expendituresare to be shown in gross, as per

Generally accepted accountingprinciples. Otherwise the income andexpenditure would have beenunderstated on both sides

v In respect of 18 months PGHD course, the revenues arerecognized on the basis of time period and thereby income relatingto the period beyond 3110312016 are transferredrevenue" and shown under the current liabilities.

As per the accounting policies andgenerally accepted accountingprinciples, the income relates to the

riod beyond 3110312016 are to bept under unexpired revenue.

10 Receivables from TAMCO for th13 of Rs.1266000/- are pending for a longer period.

Statement of facts

After completion of verification andreconciliation process, the necessaryaccounting entries shall be effected inthe books of accounts.

11 Receivables from TAHDCo for the eadie@2013-14 of Rs 3674020t- are pending for a longer period.

Statement of facts

After completion of verification andreconciliation process, the necessaryaccounting entries shall be effected in

the books of accounts.tz Receivables from Tamilnadu Text book and Educational SErvGs

for the earlier year 2013-14 of Rs.600000/- is pending for a longerperiod.

Statement of facts

After completion of verification andreconciliation process, the necessaryaccounting entries shall be effected in

the books of accounts13 MACP Recoverable - Rs. 1,41,3941- from the erstwhile staff

(retired) shall be adjusted out of the setilement due in respect ofEPF

This relates to E. Saravanamoorthy,which is under court proceedings, theamount will be adjusted against CPFsettlement.

14 Provision for expenses of rent (Ambur sub centre) has been madeon estimated basis as the lease agreement is yet to be executed.

CFTI has taken premises for AmburSub-Centre trom 01 109120 1 3 onwards.The execution of lease agreement ispending for fixation of fair rent.However, provision has been made atthe reasonable amount of Rs 40,000/-per month to comply with the accrualsystem of accounting and to avoidcategorization of prior period items in

201615 TDS receivable of Rs. 15,82,4681- for certain years are subject to

filing of income tax returns. Income Tax Returns have not beenfiled for earlier years

Action initiated and obtained exoertlegal opinion from Sri S RajaratnamM.A. LL M, F.l C W.A, retired memberfrom ITAT and Advocate & TaxConsultant, on the subject matter andto be acted uoon.

to Considering the present status of factual position and based on theexpert legal opinion, provision for Income tax liability has not beenmade so ferr

Statement of facts

Same as discussed in item 15.tl Amount recoverable from students of Rs.33,1501- are due to non-

encashment of of DDs.Statement of facts

After completion of verification andreconciliation process, the necessaryaccounting entries shall be effected inthe books of accounts.

18 Current Assets, Loans & Advances are unsecured and considereogood.

Statement of facts

This is merely a disclosure ofaccountinq treatment.

for MSME - Technology Development Centre(Central Footwear Training Institute) forBSuryanarayana&Co


uryanarayanar

K.IvItIR,ALT

, i ,i. |l'1'01?55

Chennal\ -^ ^4?

6\l\)'?-\\BL5-

-i B. Suryanarayana & Co.,' Chartered Accountants

AUDITOR'S REPORT

We have examined the statement of affairs of CFTI - CPF Trust as at 31st MARCH,2016and the Income and Expenditure account for the year ended on that date which are in

agreement with the books of account maintained by the said trust or institution.

We have obtained all the information and explanations, which to the best of our knowledge

and belief were necessary for the purpose of the audit. In our opinion, proper books of

account have been kept by the said trust and so far as appears from our examination of the

books, subject to the comments given below:

As per Annexure - our observations

In our opinron and to the best of our information, and according to information given to us the

said accounts give a true and fair view -

(i) In the case of the statement of affairs of the above named trust as at 31st March,

20'16, and

(ii) In the case of the income and expenditure account, the excess of expenditure over

income of its accounting year ending on 31st March, 2016.

The prescribed particulars are annexed hereto,

forBSuryanarayana&CoChaftered Accountants

Place : ChennaiDate: 0710512016 B. Suryanarayana

Partner

nn N\',2r\ gyr

1of 3

D-62, Syndicate Residenc/, No. 36, Thom.as r"'Street, T. Nagar, Chennai - 6ooo17

Phone, o++ 2+33 r55r, Mobile' +9r 95oor +7+7o, +9r 9++5o 2rr29tE-Mail, cabsuree@gnail. corr

ts. Suryannrayarur d Co,CftnrterefAccountants

1

Annexure to Audit Report Dated 07105120'16

Audit Observations

We have come across cefiain non- compliances in terms of CFTI - CPF Trust deedexecuted with reference to clause I rule 29 of PPM (service Rules)

Clause in trustdeed

Clause in PPM Non Compliances / Observations

14 29.10 Investible amounts of the fund are invested in

fixed deposits with State Bank of lndiaamounting instead of Specified Governmentsecurities or Savinqs scheme.

16 2e.1 5(3) Withdrawals from the fund have been allowedas "non refundable loan " without completion ofprescribed completed years of service or is dueto retire within the next 10 years. However ,

these loans have been treated as fefundablenature and started recovery from the.month ofSeptember 201 4 onwards.

29.21 Savings Account is maintained with Indian

Overseas Bank (lOB) instead of Post Office and

/ or State Bank of lndia.

12 29.13 Meeting among board of trustees have nothappened once in two months.

10 29 11 Council / amendment deed have not been

effected whenever there is a change in theconstitution of office bearer of the trust orresignation / retirement of staffs who were actedas office bearers.

2of3

B. Suryanarayana & Co.,Chartered Accountants

Bank account with IOB - the name of the trust is wrongly mentioned as CFTI insteadof CFTI - CPF Trust.

PAN number of CFTI has been wrongly provided for the purpose of placing fixeddeposits in the name of the CFTI - CPF Trust.

Interest accrued on fixed deposits with SBI - the bank has deducted TDS ofRs.34,081/-, Rs,42,934/- & Rs. 60,640/- for the years ended 31.03.2013 , 31 .03.2014& 3110312015 respectively and accounted as "Adjustable / recoverable" under theasset side of the statement of affairs. Further, the bank has uploaded these credits ofRs.34081, Rs.42934 & Rs.60,640/- into the PAN of CFTI and thereby it is notpossible to avail tax credits before the Income Tax Authorities, unless othenrylsemaking the rectificationi corrections by the bank

Income tax returns have not been filed so far.

TDS receivable of Rs. 63583/- for the year ended 3110312016 is subject to adjustable/recoverable only upon filing of income tax return.

forBSuryanarayana&CoChartered Accountants

Place . ChennaiDate . 0710512016 B. Suryanarayana

Partnerf\ws ?-\\8 p-r

2

4

h

3of3

D-62, S;'ndicate Residenc/, No. 36, Thornas r" Street, T. Nagar, Chennai - 6ooo17Phone' o+4 2+33 r55r, Mobile: +gr gSoor +7+7o, +9r g++5o 2rr29,

E -Mail r cabsuree@gmail. corn

CFTI-CPF TRUST

STATEMENT OF AFFAIRS AS AT 31st MARCH 2016

Sch

NoSource of Funds

(a) Subscription of Members and

Contributions by CFTI

(b ) Excess of Expenditure over Income

(c) Current Liabilities and Provisions

Total

Application of Funds

A.Current Assets

(a) Balances with Nationalised Bank

Fixed Deposits with State Bank of India

Add: Interest Accrued but not due (net of TDS)

savings Bank Account with IOB

B. Loans and Advances

(Unsecured Considered Good)

(a)Contribution Receivable from CFTI

(b ) TDS Receivable / Adjustable

Total

As at

31.3.2016

Rs.

7688051/AA^

^^-\\206,zJc)

561 I

As at

31.3.2015

Rs.

6238573(228,581)

5,618

7425434 601 561 0

4488853 4488853

1484674 1056031

1250669 357886

00201238 77015

7425434 5979785

for CFTI - CPF Trust

our repor

of even date attachedforBsuryanarayana&CoChartered Accountants

B Suryanaraya

Partner

\ottt: 2-\\ 8>Place : Chennai

Date : 0710512016

PARTICULARS

CFTI-CPF TRUST

INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31ST MARCH 2016

Year Ended

31/03/2016

AMOUNT

Year Ended

31/03/2015

AMOUNT

INCOME

lnterest on Fixed Deposits with SBI

Interest on SB Account

lnterest on Advances

Other lncome

Total (A)

EXPENDITURE

lnterest on Subscriprions / Contributions

Accounting Charges

Excess MACP recovery-refunded

Audit Fees

Bank ChargesTotal(B)

Excess of Income Over ExPenditure

(- Excess of Expenditure over Income)


492226

30'1 86

0

0

449878

501 36

U

0

522412 50001 4

5099727500

0

0

90

501 520

3300

34080

561 8

n

517562 54451 8

(A.B) 4850 -44504

for CFTI - CPF Trust

In accordance with our repor

of even date attached

for B Suryanarayana & Co.


i/\ .r><r'\

Chairman SecretarY

Place : Chennai

Date : 0710512016

K.IVTT'R.ALI

Treasurer

B. Suryanaray

Partner

\No'' 1-\\8

ocroo@€(o

oqN(o(oo)

occ,sfctlN

(v)

oq

€t(\N

oood.f(t)N

a9

oooooooooooooooooooooooi ci oi Gi rri s c.i s f- c.i F-IflS@(OsOg1 61 s(f)f-(OCq(f)(ONf-lf)s(f)lsrf- (O f- r |f) (r) (Y) lO e $ (Y)

O)Ol-f-(Of-lOCQs$@(c)t\f-@(Olr):td)O-Nr

ooooooo oooooooo ooidocjcic;c.i oo@s@@N(f) o@Sf-O)c{)OF Sf-t-f-scDsN o@g')(ONNf-r O)

r

o)o.!o(-! aIIJ

'E

?boo)trc'0EO)<tr.

(oroot(9oC9

L

0)

oo,

b9?cL

C

'89xarFinFtro5op

FafE

lJ.(Lo

T

lro

ooooooooooQe)QOo6ooooooooooc.j o o - r.- r- d - + c; c.j <ci ciO tON@@O(f)q;soO<9$(o O)O)@@NrO(o@lf)Sdl @Nco(9-o)crr$rq)rN NcI)c)OCQNsNNIO(f)$ (r)N(O(ONNNT$

..1.

ooooooooooQE)E'66ooooooooooo'' d d + rj c.i c"j q\i F- s - cj r-, (oo)rJ)t-co(oo)orr)(oo): rOO)Cr)@rSOO)(f)(ON;F-f-f-@(OO)O!O@too

:: OrcD@N@xt@lnNN,,. NNNNNTT N

;l : , ,

t:'i. . ;i@oooooooQaaQi6:6oooooooooo'Gici;F*t-<j-Sococoo"tON@@O(r)O)r@e?S

O)O)O@NrO(O(OIf)V@N(9d)rOrCOSrq)fNo|)o)OCDNTNCTI tf)(r)

,(f)N(v)(Y)NNNT\t r

CE-(!?5 EE €

- n.FE€: *-E==.=,'X"7 lc= g? U rrro =-v{Ll o J o (5blt (! fo>=<t,4>>Y=

oa<tu@>o-Ylr)(Of'-@O)OrNCr)

1,.:

;i, ,

:tr

lil 'i

oF9X+'FE,

qrit(JE

CFTI - CPF TRUST

SCHEDULES FORMING PART OF STATEMENT OF AFFAIRS AS AT 31St

MARCH'2016

PARTICULARS As at 31.3.16 As at 31.3.15

Rs

Schedule - 2

CURRENT LIABILITIES AND PROVISIONS

A.CURRENT LIABILITIES

Provison for Audit Fees

MSME - CFTI Payable

Total

Schedule - 3

A. CURRENT ASSETS

l.Balances with Nationalised Banks

(a) Fixed Deposits with SBI

Deposit Account No.30 1 68806233

Deposit Account No.30553861 864

Deoosit Account No. 30883222389

Deposit Account No 30887769596

Deoosit Account No.31 146343996

Deposit Account No. 3 1 7 7 922227 IDeposit Account No.3262263991 9

(b) Interest Accrued on Fixed Deposits

Deoosit Account No.301 68806233

Deposit Account No.3055386'1 864



Deposit Account No.31 1 46343996

Deposit Account No. 3 1 77 922227 IDeoosit Account No.3262263991 I

Total

2. Savings Bank Account

lndian Overseas Bank AiC No.144701000000192

Total

Schedule - 4

B.LOANS,ADVANCES & OTHER ASSETS:

(a)Tax Deducted at Source FY 2012-13

(b)Tax Deducted at Source FY 2Q13-14

(c)Tax Deducted at Source FY 2014-15

(d)Tax Deducted at Source FY 2015-15

(d) Contribution Receivable from CFT

561 B

0

561 8

0

561 8 561 8

1424000

3351 95

298418

300000

500000

631240

1 000000

1424000

3351 95

298418

300000

500000

631240

1 000000

4488853

51 0834

56152

541 0B

1 86690

23v604

119461

297565

4488853

365035

25879

40107

151455

209553

61527

202475

1484674 1 056031

5973527 5544884

1 250669 357886

1 250669 357886

34081

42934

60640

63583

0

34081

42934

60640

Total 201238

CFTI - CPF TRUST

SCHEDULE 5 -STATEMENT OF ACCOUNTING POLICIES

THE FUND, ITS ACTIVITIES

The employees of MSME - Central Footwear Training Institute, on confirmationof the appointment with the institute, are eligible to be members of the fund. Themembers and the CFTI as employer make matching contribution to the funo onmonthly basis @ 10% of basic salary. The funds so available are deposited inlndian Overseas Bank, Guindy and depending on the availability of funds,lnvestments are made in deposits of State Bank of India , Guindy Branch. Themembers of the fund are credited with interest at the rate specified by theProvident Fund Rules on the closing balances of each month and credited at theend of the year.

The fund is governed by Central Footwear Training Institute Provident FunoRules.

SIGNI FICANT ACCOUNTING POLICI ES:

Accounting Gonvention: The fund prepares its financial statements underhistorical cost convention. The investments are made in reasonably long termfixed deposits on cumulative interest basis with a defined maturity period.

Investments: The trustees classify investments as follows

Held for Use: These are the amounts kept in low interest rates with IndianOverseas Bank, Guindy and are held to use for requirements like loan to themembers or any emergency purpose within the framework of the rules.

Held to Maturity: These are deposits with fixed or determinable payments andfixed maturity that the trust has a positive intent and ability to hold such depositsto maturity.

Taxation: The income of the fund is exemot from tax.

Revenue Recognition: Interest on deposits and bank balances are recognized onaccrual basis.

Transactions in Members'Account: These are effected in accordance with therules of the fund and the trustees resolutions, to which members aoree at thetiming of joining the fund.

forBSuryanarayana&CoChartered Accountants

uryanarayana

Place : ChennaiDate: 0710512016

K.IVTT'R.AI-IDirector

CENTRAL FOOTWEAR TRAINING INSTITUTE, ChENNAi

MSME'Technology Development Centre

Government of India SocietY

Ministry of Micro, Small & Medium Enterprises-.

65 / 1, G"S.T. Road, Guindy, Chennai ' 32' (lNDlA)

.z\\R:-f

annual report 2015-16 - cfti, chennai · have passed 10th class. this programme attracts many...

Documents