FINANCIAL REPORT OF PRIVATE COMPANY IN NEPAL WITH

REFERENCE TO ‘BRITANNIA INDUSTRY’

A report about the partial fulfillment of the requirement of the

internal evaluation
Of
Grade XII IN
Cost sheet
Of
Name of student: Nitesh Rayamajhi
Section: J2
ID Number:27515

Trinity International SS & College

Dilli bazar Height, Kathmandu
Date:
 OBJECTIVES

1) Planning and strategy: To outline a clear roadmap for

the successful execution of a specific initiative, ensuring
with Britannia’s broader goals and vision within biscuit’s
with in the industry.
2) Resource Allocation: To identify and allocate resources
such as finance, manpower, time and materials
effectively to achieve desired outcomes within the
project’s scope.
3) Problem Solving or Innovation: To address specific
challenges, seize opportunities, or introduce innovative
solutions that can enhance Britannia’s offerings,
processes or market position.
4) Risk Mitigation: To anticipate and mitigate potential
risks or obstacles that could hinder the project’s progress,
ensuring a proactive approach to managing un
certainties.
5) Stakeholder Alignment: To ensure that all stakeholders
involve-from internal terms to external partners or
investors-are aligned with the project’s objectives,
fostering collaboration and support.
ACKNOELEDGEMENT

I am feeling blessed to express my profound

gratitude and deep regards to my guide
Mr. Puspa chaulagain
for his consistent guidance, monitoring and constant
encouragement throughout the course of this project.
The blessing, help and guidance given by him time
to time shall carry me a long way in the journey of
life on which I am about to embark.

I am thankful to Rajneet Singh Kohli (CEO of

Britannia), Varun Berry (Director of Britannia) of
BRITANNIA Pvt. Ltd for their help in providing
necessary data and information for the study
 TRINITY INTERNATIONAL SS & COLLEGE
Dilli bazar Height, Kathmandu

DECLARATION
I Nitesh Rayamajhi hereby declare that the work reported
in this Project entitled " FINANCIAL REPORT OF PRIVATE
COMPANY IN NEPAL WITH REFERENCE TO ‘BRITANNIA
INDUSTRY’", submitted to subject teacher, Faculty of
Management, is my original work done in the form of
partial fulfillment of the requirement for the
viva-voce.

--------------------
Puspa Chaulagain Sir
 Table of contents

1: Declaration
2: Introduction of Britannia company
3: Objectives
4: cost-sheet of Britannia company --
5: Conclusion
 CONCLUSION

The Britannia biscuit industry, founded with a

commitment to quality, emerged as a prominent
player in the biscuit market. Established with a
diverse product range, Britannia quickly gained
recognition for its innovative flavors and consistent
quality. Operating both locally and regionally,
Britannia captured a notable market share,
leveraging effective marketing strategies to solidify
its brand presence. Despite initial success, the
industry faced challenges typical in the market,
including heightened competition and fluctuating
consumer preferences. Despite these hurdles,
Britannia's impact on the biscuit industry remained
significant, leaving a legacy of quality and
innovation that continues to influence the market
landscape.
 Cost-sheet for the year
as on ………..
Particulars Detailed Amount
Opening Stock of Raw Materials 300,000

Add: Purchase of Raw Materials 800,000

Add: Custom Duty Paid for Purchase of Raw Materials 500,000

Add: Freight Inward 20,000

Less: Closing Stock of Raw Materials 100,000

Raw Materials Consumed 15,20,000

Direct Wages 200,000

Other Direct Charges 50,000

PRIME COST 17,70,000

Add: Works/Factory Overheads:

Wages Indirect 20,000

Other Factory Expenses 50,000

Depreciation - Factory 30,000

Direct Salary - Factory (2/5) 20,000

Works or Factory Overheads 1,20,000

WORKS/FACTORY COST 18,90,000

Add: Office and Administration Overheads:

Office Salary 50,000

Depreciation – Office 20,000

Direct Salary – Office (1/5) 10,000

Office and Administration Overheads 80,000

COST OF PRODUCTION 19,70,000

Less: Closing Stock of Finished Goods 3,78,000

Cost of Goods Sold 15,92,000

Add: Selling and Distribution Overheads:

Carriage Outward 8,000

Salary – Sales Office 40,000

Trade Fair Expenses 20,000

Depreciation – Selling 20,000

Direct Salary – Sales (2/5) 20,000

Selling and Distribution Overheads 1,08,000

TOTAL COST OF SALES 17,00,000

Add: Profit @18% 3,06,000

Sales Value 20,06,000

From the following date, prepare a Cost Sheet of Britannia company for
the year 2023. Number of Units produced: 10,000 Units
Particulars Amount

Opening Stock of Raw Materials 300,000

purchase of raw materials 800,000
Closing stock of raw materials 100,000
Carriage outward 8,000
Wages Indirect 20,000
Salary:
Office 50,000
Sales office 40,000
Other factory expenses 50,000
Trade fair expenses 20,000
Depreciation:
Factory 30,000
Office 20,000
Selling 20,000
Direct Salary 50,000
Cost Sheet:
Advance Interest Received 40,000
Custom Duty Paid for Purchase of Raw Material 500,000
Debenture Interest Paid 50,000
Freight Inward 20,000
Custom Duty Paid for Purchase of Plant 50,000
Direct Wages 200,000
Other Direct Charges 50,0
Goodwill Written-off 5,000
Number of Units sold 8,000 units at cost plus 18% Profit
Direct Salary is to be allocated to factory. Office and Selling in the ratio of 2:1:2.
 Introduction
Established in 1892,
Britannia Industries is a
prominent player in the
Indian food industry,
renowned for its iconic
product—Britannia biscuits. The company has diversified
its offerings to include popular choices like Good Day,
Marie Gold, 50-50, Bourbon, and NutriChoice. Britannia's
enduring appeal stems from its commitment to quality,
innovation, and a keen understanding of evolving
consumer preferences, making it a household favorite in
India and a respected brand internationally.
Beyond biscuits, Britannia has diversified its offerings,
maintaining a focus on
delivering high-quality products.
This strategic approach, coupled
with a dedication to meeting
dynamic market demands,
positions Britannia as a trusted
brand, resonating with consumers and establishing its
significance in the evolving food industry landscape..