Annual Financial Statement Report (AFS Report) - 2025-2026
1. Executive Summary
The Annual Financial Statement (AFS) presents a comprehensive overview of Mangalpady Grama Panchayat's financial posture, closing liquidity, asset registers, and fund reserves as of March 31, 2026.
Total Financial Volume (Balance Sheet Matrix): ₹32,48,21,746.00 (Thirty-two Crore Forty-eight Lakh Twenty-one Thousand Seven Hundred and Forty-six Rupees).
Net Cash & Bank Liquidity (Closing Balance): ₹12,03,70,329.00 (Twelve Crore Three Lakh Seventy Thousand Three Hundred and Twenty-nine Rupees).
2. Consolidated Balance Sheet Ledger
(As of March 31, 2026)
A. Liabilities, Capital & Earmarked Funds
Code No. | Liabilities Head / Description | Schedule | Current Year Amount (₹) |
|---|---|---|---|
310000000 | Panchayat (General) Fund | B-1 | 18,62,22,768.04 |
310100101 | Panchayat Fund - General Fund Portion | — | 3,64,51,231.00 |
310900101 | Accumulated Excess of Income over Expenditure | — | 14,97,71,537.04 |
311000000 | Earmarked Funds (Panchayat's Distress Relief Fund) | B-2 | 57,795.00 |
312000000 | Reserves (General Reserves & Capital Contributions) | B-3 | 3,80,97,381.00 |
320000000 | Grants, Funds & Contributions for Specific Purposes | B-4 | 8,68,04,782.00 |
330000000 | Secured Loans | B-5 | 0.00 |
331000000 | Unsecured Loans | B-6 | 0.00 |
340000000 | Deposits Received (Contractor/Rent Security Deposits) | B-7 | 29,51,557.00 |
341000000 | Deposit Works | B-8 | 0.00 |
350000000 | Other Liabilities (Employee Payables & Statutory Deductions) | B-9 | 1,06,87,462.96 |
360000000 | Provisions | B-10 | 0.00 |
— | TOTAL LIABILITIES & FUNDS | — | 32,48,21,746.00 |
B. Assets & Physical Infrastructure
Code No. | Asset Head / Description | Schedule | Current Year Amount (₹) |
|---|---|---|---|
410000000 | Fixed Assets (Gross) | B-11 | 46,24,751.00 |
412000000 | Capital Work-in-Progress (CWIP) | B-11(b) | 11,54,711.00 |
413000000 | Annual Plan Capital Expenses - Productive Sector | B-11(c) | 67,01,424.00 |
414000000 | Annual Plan Capital Expenses - Service Sector | B-11(d) | 3,36,96,014.00 |
415000000 | Annual Plan Capital Expenses - Infrastructure Sector | B-11(e) | 21,17,02,379.00 |
416000000 | Less: Accumulated Depreciation | B-11(a) | (16,01,29,213.00) |
420000000 | Investment - General Fund | B-12 | 89,41,150.00 |
430000000 | Stock in Hand (Inventories) | B-14 | 6,05,212.00 |
431000000 | Sundry Debtors (Receivables / Outstanding Tax Arrears) | B-15 | 8,55,58,635.00 |
440000000 | Pre-paid Expenses | B-16 | 5,92,457.00 |
450000000 | Cash and Bank Balance | B-17 | 12,03,70,329.00 |
460000000 | Loans, Advances and Deposits Given | B-18 | 1,10,03,897.00 |
— | TOTAL ASSETS & RESIDUE CAPACITY | — | 32,48,21,746.00 |
3. Grants & Specific Scheme Allocations (Schedule B-4)
The local body maintains an allocation pool of ₹8,68,04,782.00 restricted cleanly to tied specific-purpose frameworks:
Central Finance Commission (Tied Grant): ₹3,98,72,125.00 (Earmarked for sanitation, liquid waste networks, and drinking water safety).
Central Finance Commission (Basic Tax Grant): ₹1,37,02,383.00.
Integrated Child Development Scheme (ICDS): ₹1,22,74,353.00 (Anganwadi nutritional and asset tracking updates).
Grants for Specific Health Purposes: ₹54,18,679.00 (PHC/Family Health Centre modernizations).
Other Specific General/Sanitation Projects: ₹92,26,929.00 (Including Block/District Panchayat development matrix contributions).
4. Cash & Bank Liquidity Reconciliation (Schedule B-17)
The opening and closing cash configurations reflect absolute stability with completely zero cash variances across tracking timelines:
Opening Liquid Balance (01-04-2025): ₹12,03,70,329.00
Closing Liquid Balance (31-03-2026): ₹12,03,70,329.00
Major Bank Account Breakdown Infrastructure:
Cash-in-hand: ₹8,51,412.00
Canara Bank (E-Sand Account): ₹1,403,553.00
Canara Bank (MGNREGS Account): ₹19,420.00
IDBI Bank (HUDCO Loan Account): ₹521,229.00
Nationalized Banks (Own Revenue Account Cluster): ₹10,39,20,493.00
Co-Operative Banks (Own Revenue Account Cluster): ₹1,55,98,424.00
5. Key Financial Ratios & Statutory Audit Notes
Capital Infrastructure Dominance: The single largest component of asset formulation resides under the Infrastructure Sector Annual Plan (Code 415000000) at ₹21.17 Crore. This verifies that local decentralized funds were correctly channeled into public works (roads, public utilities, and civil engineering frameworks).
Stellar Short-Term Liquidity vs. Plan Execution Scope: The ratio of cash reserves to immediate short-term obligations (~₹12.03 Crore liquid pool against ₹1.06 Crore current liabilities) shows ideal fiscal security. However, keeping massive cash pools idle suggests a critical requirement for faster field-level implementations of the Annual Plan.
Revenue Recovery Directive: Sundry Debtors (Receivables) stand high at ₹8,55,58,635.00. This highlights an immediate need for an active revenue enforcement framework to clear outstanding property taxes, commercial building dues, and institutional license renewals carried over from previous fiscal cycles.