A

PROJECT REPORT
ON

“PREPARATION OF PROJECTED FINANCIAL

STATEMENTSFOR ESTABLISHMENT OF SNOW WORLD ICE-
CREAM PARLOUR”

SUBMITTED

To

SAVITRIBAI PHULE PUNE UNIVERSITY

IN PARTIAL FULFILLMENT OF THE REQUIREMENT OF

MASTER OF BUSINESS ADMINISTRATION

SUBMITTED

BY

VISHAL VISHNU KAKAD

MBA-II (FINANACE)

UNDER THE GUIDANCE OF

(PROF.)MR. NITIN CHOUDHARY

C.H.M.E. SOCIETY’S DR. MOONJE INSTITUTE OF

MANAGEMENT AND COMPUTER STUDIES, NASHIK-13
YEAR: 2019-2020

1
 ACKNOWLEDGEMENT

I would like to take this opportunity to express my respect and deep gratitude to
my guide Prof .Mr. Nitin Choudhary for giving all guidance required for my
project report from being a constant source of inspiration and motivation. It was
my privilege to have worked under his guidance.

I am also thankful to Dr. Preeti Kulkarni, The Director of Dr. Moonje Institute of
Management and Computer Studies, who encouraged me and motivated me in
completion of the product.

Vishal V Kakad
MBA-II (FINANCE)

2
THE PADAMSHREE DR. VITTHALRAO VIKHE PATIL CO-
OPERATIVE BANK LTD., NASHIK.

This is to certify that the student Mr. Vishal Vishnu

Kakad , Student of Dr. Moonje Institute of Management and Computer Studies, ,
Nashik has collected all the required information for making a term loan
proposal forfor establishment of SNOW WORLD ICE-CREAM
PARLOUR from the The Padamshree Dr. VitthalraoVikhe Patil Co-
Operative Bank Ltd., Nashik.

All necessary information and loan proposal form

has been provided to him as per requirement.

Date :

Place :Nashik.

Branch Manager
Pdm. Dr. V. VikhePatil Co-Op Bank Ltd.,

Nashik.

3
 DECLARATION

I undersigned hereby declare that the report entitled as “PREPARATION OF

PROJECTED FINANCIAL STATEMENTSFOR ESTABLISHMENT OF SNOW
WORLD ICE-CREAM PARLOUR”

is a genuine and benefited work prepared by me under the guidance

of Prof. Mr. Nitin Choudhary.

The empirical findings in this project report are based on the data collected
by myself. The matter presented in this report is not copied from any source .I
understand that any such copy is liable to the punishment in way the university
authorities deem fit.

The work has not been submitted for the award of any degree or diploma
either to university of Pune or any other universities.

This project report is submitted to university of Pune in a partial fulfillment

of the degree of MASTER OF BUSINESS ADMINISTRATION. (Finance)

Place: Nashik. Signature

Date: 06 / 07 /2020 Vishal V Kakad

4
CHAPTER PARTICULARS PAGE
NO. NO.

1. INTRODUCTION.
1.1 Introduction.
1.2 Objectives.
1.3 Scope.
1.4 Assumptions.
1.5 Limitations.

2. PROFILE OF THE PROPRIETOR.

2.1 Profile Of The Organization.
2.2 Profile Of The Proprietor.
2.3 Profile Of The Product.
2.4 Organizational structure.

3. CONCEPTUAL BACKGROUND
3.1 Financial Statement.
3.2 Importances of Financial Statement.
3.3 Projected Financial Statement.
3.4 Research Methodology
3.5 Feasibility Study.

4. ANALYSIS OF FINANCIAL
STATEMENTS
4.1 Cost of Project.
4.2 Means of Finance.
4.3 Projected Financial Statements.
4.4 Depreciation Schedule.
4.5 Calculation of D.S.C.R.
4.6 Statement of Loan Repayment.

5. CONCLUSION

6. ANNEXURE

7. BIBILOGRAPHY

5
 INDEX

CHAPTER :- 1

INTRODUCTIO
N

6
 1.1 INTRODUCTION TO THE
TOPIC

This project is prepared for the establishment of new ice

cream parlour business namely “SNOW WORLD”. It deals with the
various different types of ice cream flavours with its good quality.

A starting a food product business like ice cream parlour

is both interesting & stressful. There is good demand for food product. Ice
cream is nothing but the food from which people started making refreshing
summer time. Ice cream is frozen dessert usually made from dairy products,
such as milk & cream & often combined with fruits or other ingredients &
flavours. Ice creams are mostly loved by kids in all over the world. “No
other food boasts offers more legends of discovery than ice cream”

In this project the projected financial statement for the ice

cream parlour business is prepared to know the financial position of the
business. It also helps to know the proper utilization of the resources, funds.
i.e. owned funds & borrowed funds.

The financial statements are prepared for a particulars

period to review & report the periodical progress by the management or
organization. It will also help to find out any weakness or threats of the
current business planning.

It will help to give the practical knowledge, information

about the organizations transactions. Also help in finding out the Profit &
Loss A/C or Income & Expenditure A/C occurred during particular period.
The financial statements are also needed for decision making & planning for
the procurement of adequate funds & the efficient & adequate use of
resources.

7
 1.2 OBJECTIVE OF THE PROJECT

1. To get an opportunity of real life business experience.

2. To anticipate real organizational problem perception & challenges.

3. To study the preparation of the bank loan proposal & also study the

requirement of the document for loan proposal.

4. To study in detail about making loan proposal.

5. To study how to prepare projected financial statement.

6. To analyses projected financial statement in order to forecast whether it

would be profitable or to invest in or to deal with concern.

8
 1.3 SCOPE OF THE PROJECT

1. This project is only limited for the Nashik i.e. Local Area.

2. This project is related to only one loan proposal.

3. While a planning for term loan the condition that are required to be

satisfied along with the working note are included in this project.

4. The projected financial statements are for sole proprietor firm & may

differ from those prepared for partnership firm.

5. The knowledge efficiency, moral personality, leadership of the

personal ill will definitely improve with help of this to reduced

difficult procedure of finance institutions.

6. The project gives the practical experience of actual preparation of

projected financial statement.

9
 1.4 ASSUMPTIONS OF THE
PROJECT

1. Bank is providing term loan @ 15% Rate of Interest for 5 year.

2. Depreciation charged by using Written Down Value Method.
It charged on assets
I. Furniture – 10%.
II. Refrigerator – 15%.
III. Computer – 60%.
IV. Vehicle – 10%.
V. Inverter – 10%.
3. The sales are increase by in descending order starting from 50%
approximately for further per year.
4. The purchases are charge @ 70% of the total amount of sales
approximately per year.
5. The indirect expenses are increase 1 to 5 % approximately per year.
6. Transactions are made on both cash basis & credit basis also.
7. Sundry Creditors is charge @ 35% on the amount of sales
approximately per year.
8. Sundry Debtors is charge @ 5% on the amount of purchases
approximately per year.
9. Income Tax is charged as per the provision of the current assessment
year.
10. The location of the shop is road front side & the total area of shop is
1100sq.ft. But shop is taken on rent bases, so as per locality rent is paid
monthly basis.

10
 1.5 LIMITATIONS OF THE
PROJECT

1. The entired study is based on the assumptions.

2. Due to busy schedule of the banks, sometimes it was difficult to get
required information.
3. Only one bank is taken into the consideration for preparing the loan
proposal therefore the rate of interest offered by other banks is totally
ignored.
4. The rate of other banks may vary, hence they are totally ignored.
5. All the transactions made in this project are based on assumptions.

6. The idea of establishment is on the paper & it success depend on the

proficient implementation.
7. Time given to the project is very limited & because of which many
aspects are remained uncovered.

11
 CHAPTER :- 2

ORGANISATIO
N
PROFILE

12
 2.1 PROFILE OF THE
ORGANIZATION

1. Name Of The Shop :- SNOW WORLD.

2. Address :- Shop No.- 2, Avdhoot Tower,
Old Gangapur Naka, Gangapur Road,
Nashik – 422005.
3. Contact No. :- +91-9970309918.
4. E-Mail Id. :- [email protected]
5. Total Area :- 1100sq.ft. (on rent basis)
6. Total Labour :- 3 Helpers.
7. Products :-
a. Bars.
b. Naturals.
c. Scoops.
d. Novelty.
e. Ice cream cakes.
f. Softies.
g. Sundaes.
h. Shakes.

13
 2.2 PROFILE OF THE
PROPRIETOR

1. Name :- Sarode Neha Ravindra.

2. Address :- Flat No.- 4, Parimal Appt,
Saptashrungi Colony, Old GangapurNaka,
Gangapur Road, Nashik
3. Date of birth :- 20thApril 1992.
4. Age :- 20 year.
5. Status :- Single.
6. Contact no. :- + 91-9970309918
7. Email Id :- [email protected]
8. Educational Qualification :-
No. Course Name Year
1. B.B.A. (Graduation) Appeared 2011-2012.
2. H.S.C. Passed 2008-2009.
3. S.S.C. Passed 2006-2007.

9. Other Activities :-
a. MS-CIT passed in 2005-2006 with distinction.

14
 2.3 PROFILE OF THE
PRODUCT

1. Bars.
2. Naturals.
3. Ice cream cakes.
4. Scoops.
5. Novelty.
6. Softies.
7. Shakes.
8. Sundaes.

BARS

15
 Ce
Center Twist ntre Twist Choco-Bar Choco king Frosty Fun Choco
Butter Fudge Bar

Orange Kachhi Kerry Rose Kulfi Mango Kulfi Mengo Dolly Kulfi

NATURALS

Alphonso Litchi Sitaphal Strawberry

ICE CREAM CAKES

Black Forest Gold Coin Cake Moment Cake

Slice

SCOOPS

16
 Vanilla Strawberry Mango Pinepple Chocolate

Chocolate Chip Chocolate Chip White Chocolate

Chocolate Caramel Choco Almond Cookie Dough Caramel Cluster
Cashew Cookie Dough
Fudge

Butter Scotch Mocha Almond

Peanut Butter Banana Split Bunny Tracks
Fudge Ice Cream
Panic
Scoop

Pistachino
Cherry Nut Ice Raspberry Sherbet Cherry Strawberry
Cream

White Chocolate
Coffee Blueberry Cookies Lime Caramel Cluster

Butter Pecan Chocolate Peanut French Vanilla Ice Mint Chocolate

Butter Cup Cream Scoop Chip

NOVELTY

17
 B C Ch
Black Current utter Scotch hoco Almond oco Chips Rainbow
Pista Choc
Fudge

Cassata
Fruit Cocktail Rajbhog Matka Kulfi Chic Choc Bonanza

SOFTIES

Cho S
colate trawberry Vanilla

SHAKES

Strawberry Chocolate Mango Vanila

18
 2.4 ORGANIZATIONAL
STRUCTURE

OWNER

HELPER HELPER HELPER

19
 CHAPTER :- 3

CONCEPTUAL
BACKGROUND

20
 3.1 FINANCIAL STATEMENT

Meaning –
Financial Statement refers to formal & original
statements which are prepared to disclose financial health of the business in
the term of projects, position & prospects as on a certain data. It shows the
financial performance of a company. Financial Statements are also called as
Financial Reports. It’s often referred to as the packages of financial
statements, is supported by various schedules, annexures & foot notes.
They summarize the overall results of a business by
means of grouping & classification process. They provide a systematic
collection of financial data in logical & consistent way.
The financial statements provides a summary of the
accounts of a business enterprise, the balance sheet reflecting the assets,
liabilities & capital as on a certain data & the income & expenditure
statement showing the results of operations during a certain period. A
financial statement is the end product of a financial accounting system

21
3.1.1 IMPORTANCE OF FINANCIAL
STATEMENT

Financial Statements are necessary sources of

information about companies for a wide variety of users. They are important
reports. Some importances of financial statements are as follows,

1. To meet the specialized needs of conscious creditors & investors.

2. To provide a base for tax assessment.
3. To provide reliable information about the earning of a business
enterprise & its ability to operate at a profit in future.
4. To communicate to interested users quantitative & objective
information. This information is useful in making economic
decisions.
5. To provide information useful for predicting the future earning power
of the enterprise.
6. To provide reliable information about the changes in economic
resources.
7. To provide information about the changes in net resources of the
organization that result from profit directed activities.
8. To provide reliable information to take decision regarding the future
prediction & price fixation of product.

22
 3.1.2 TYPES OF FINANCIAL
STATEMENT
There are some basic financial statements. These are as follows,

i. Balance Sheet.
ii. Profit & Loss A/C.
iii. Cash Flow Statement.

In details,

i. Balance Sheet :-
An accounting statement which shows the financial position of all
assets & liabilities of the business as on particular date is called as balance sheet.
Balance sheet is not as account but a positional statement showing financial position
of a business concern on a particular date.

ii. Profit & Loss A/C :-

Profit & Loss A/c is a part of financial statement which prepared
on the basis of indirect expenses & indirect income of the business to ascertain the net
result of the business, done in the accounting year. On the completion of Trading A/c,
Profit & Loss A/c is prepared by considering only indirect expenses & indirect
income of the business. Expenses & Income which have no direct relation with the
production & whose absence do not affect production, are called indirect expenses &
indirect income

iii. Cash Flow Statement. :-

The term cash refers to cash only and it shows change in cash
position of business. This is more useful in short term planning. This indicates simple
cash receipt and cash payments and does not take into consideration other current
assets. Cash is one constituent of working capital as improvement in cash position
results in improvement in working capital. This indicates inflow of cash and out flow
of cash.
As compared to funds flow statement, cash flow statement is a
narrow concept which includes inflow and outflow of cash only. This is a test of
effective flow of cash by the management in particular period of time.

23
 With the help of a cash flow statement, a financial manager can
ensure that the business will have liquid assets for meeting day to day expenses.

3.1.1 SOURCES OF FUNDS

Sources of finance can be classified as follows,

I. On the basis of period -

a. Long Term Finance –
These sources provide uninterrupted supply of funds for a long
period. Company can use the funds for a long period and need not bother to repay
it out of the current liquid assets. Normally, firms use long term source for the
purchase of fixed assets and to finance the permanent working capital needs. The
long term sources of finance include issue of shares and debentures and term
loans etc.

b. Short Term Finance –

These sources of finance provide funds up to one year’s time.
Temporary working capital needs are financed out of short term sources of
finance. These funds are repayable within a period of one year. Advances from
commercial banks, public deposits, trade creditors, advance from customers etc.
are examples of short term sources of finance.

II. On the basis of ownership –

a. Ownership Fund. -

24
 These funds are provided by the owners of a firm. These
include issue of equity shares, and preference shares and use of depreciation
funds and undistributed profits i.e. retained earnings of the company.

b. Borrowed Fund -
These are provided by banks, financial institutions,
debenture holders and deposit holders. A company is under legal obligation to
pay interest on these funds and to repay the principle amount after the stated
period of time. A company is required to provide security of its assets to the
lender. Such a charge may be a fixed charge par a floating charge.

III. On the basis of sources of generation of finance –

a. External Source of Fund –
All the sources of funds, accepts reserves and depreciation
funds, are external sources of funds. These include issue of shares, debentures,
borrowing of loans, trade creditors etc.

b. Internal Source of Fund –

These funds are created by a firm out of its operational
activities and take the form of reserves funds and depreciation funds. These
sources do not involve any floating costs, servicing costs etc. But the cost is
measured in terms of expectations of the ordinary shareholders or the owners. If
the use of reserves are expected to generate lower returns than what the owners
could earn by investment elsewhere, then the firms must not use retained
earnings for capitalization, rather it should distribute it to the shareholders.
Hence, the cost of utilization of retained earnings is the expectation of the
shareholders in terms of returns from investments.

25
26
 3.2 PROJECTED FINANCIAL
STATEMENT

Every business plan should contain projected financial

statement & they should be presented in industry standard format. Don’t
creative in this section of the plan use traditional methods of reflecting
financial data so it will be easier for the reader to comprehend analyses the
business.

These are the statements of utmost importance in any

business, in particular for the businesses to be. These are the forecast made
by the finance manager about the Income & Expenditure to be incurred in
the near future. A Projected Financial Statement includes Projected Balance
Sheet, Projected Profit & Loss A/C, Projected Income & Expenditure A/C,
and Projected Cash Flow Statement. Preparing Projected financial
statements, can be very time consuming & it’s requires a careful analysis of
the various aspects.

Financial statement users are turning increasingly to

other sources to meet needs which are not being met by the information such
statements contain As more & more other data & analyses become available,
the relative importance of financial statements decrease within the context of
the total range of available information.

27
 3.2.1 Factors Considered For
Preparing a Projected
Financial Statement.

An analyst uses the following points to evaluate the position of the

company.

1. Whether the company’s operational activities are up to the

mark
2. If the company is well equipped financially.
3. Condition of the market - if the market is in the process of
growth is at equilibrium or shriveling up
4. The status of the company in relation to the other companies
in the industry.
5. Whether the company is well equipped financially.
6. Role of the management’s performance in company risks
associated with operational activities
7. Whether the products sold by entrepreneur are according to
market demand which satisfied the customer.

28
3.2.2 Document Required For The
Term Loan :-

There are various documents required while applying for the term
loan.

1. Loan Form
2. Four photographs
a. Promoter.
b. Guarantor.

3. Proof of the Identity.

c. Promoter.
d. Guarantor.
4. Proof of the Address.
(i.e. electricity bill, telephone bill, Ration Card, Election Card)
5. Pass book.
6. Sales Tax Registration Certificate
7. Shop Act, S.S.I, Registration Act.
8. Last three years IT returns & last income tax order
(Not challan) etc.

29
3.3 REASEARCH METHODLOGY

Meaning :–
Research is considered to be the more formal systematic
& intensive process of carrying on a scientific method of analysis. Research
methodology is a way of systematically solve the research to know not only
the research method but also methodology.

Data collection is an important step in methodology of

any project & success of any project will be largely depend upon How much
accurate you will be able to collect will be required to collected the
necessary data.

Types of Research Methodology :-

1. Primary data.
2. Secondary data.

30
1. PRIMARY DATA :-
The primary data is fresh & first hand data which
is collected for the first time. We have collected data through formal &
informal discussions either our professional guide & through personal
interview, observation.

Sources of Primary Data :-

a. Interview Method :-
The data is collected with the help of using
primary source of research i.e Interview. Mr. Ajay Bhamecha,
Owner of the TOP n’ TOWN Ice- Cream Parlour gave information
about the opening new ice cream shop.

b. Observation Method :-
Some data is collected by using the
observation method. The Structure of the Ice-Cream Parlour is
understood&also Because of it the strategy &techniqueswhich
attack the customer is understand.

31
2. SECONDARY DATA :-
The secondary data is the data which have already
collected & stored. We can easily get secondary data from post records,
book. Wed. Etc. We also collected secondary data from money sources.

Sources Of Secondary Data :-

a. Internet :-
Some information is collected by using the
internet i.e. information about the supplier of the Ice-Cream Stock in
the nearest area of the shop.

32
 3.4 FEASIBILITY STUDY

Meaning :-
Feasibility literally means whether some idea will work
or not. The need for systematic study of project is being increasingly felt by
both entrepreneurs and the financing agencies to evaluate the viability of
project. This is due to many factors and transformation of seller’s market
into the buyer’s market is one of them. There is growing competition in the
domestic as well as the export market. The consumer preferences are
continuously changing due to frequent introduction of products into the
market and availability of information from across the globe. The financing
institutions, investors are concerned more about the viability of the project
than about the security the entrepreneur is willing to offer. Studying the
feasibility of a project provides the necessary data for investment decision to
be made for a particular project.

To the planners and implementers the feasibility studies

provide the roadmap of implementing a project by breaking up the broad
developmental plan into processes for successful implementation. It also
highlights major area of concern and gives opportunity in advance to
planners to Pre-empt the weak areas.

Analysis & evaluation of proposed project to determine if it,

a. Technically Feasible.
b. It feasible within the estimated cost.
c. Will be profitable.

Feasibility studies provide in depth details about

the business to determine if & how it can succeed & serves as valuable tool
for developing a winning business plan.

33
This study is important because it –

I. List detail all the thing you need to make the business
work
II. Identify logistical & other business related problems
& solutions.

The Feasibility of my project can be acknowledged as follows :-

i. Management Feasibility.
ii. Financial Feasibility.
iii. Market Feasibility.
iv. Technical Feasibility.

34
i. Management Feasibility :-
The success or failure of any enterprise depends upon the
direction & efficiency of the management. It the absence of management,
the projects which are otherwise feasible, may fail. Hence, the appraisal of
the management is indeed considered as the hallmark of the term credit
analysis.

Managerial, Pharmacists & Staff competence of ICE-

CREAM Parlour

1. Proprietor’s Educational Background :- Bachelor of Business

Administration.
2. Qualities of Helper (Worker).
i. Enthusiastic, Creative, & willing to take responsibility.
ii. Honest, consumer oriented & most important fully trained in
this field.

It involves the though analysis of following factors,

a. Cost of maintenance contract.

b. Disaster recovery planning.
c. Cost of upgrading to keep pace with new technology.

35
ii. Financial Feasibility :-
Financial Feasibility is done with the purpose of the
finding out whether the project is attractive enough to secure funds needed
for its various constituent’s activities & once having secured the funds,
whether the project will be able to generate enough economic value to
achieve the objectives for which it is sought to be implemented.

The following information shows the financial feasibility

of the project.

COST OF PROJECT
Particular Amount (Rs.)
Shop Deposit 2,00,000
Furniture 2,00,000
Refrigerator 1,00,000
Computer 40,000
Vehicle 50,000
Inverter 30,000
Working Capital 7,50,000
Preliminary Expenses 30,000
Total 14,00,000

And Means of Finance is as Follows,

iii. Market Feasibility :-

MEANS OF FINANCE
.
Particulars Amount Contribution
Rs. %
Proprietor Capital 5,60,000 40%
Term Loan 8,40,000 60%
Total 14,00,000 100%

36
 The market analysis gives a comprehensive account of
the market opportunities as well as of the marketing strategy appropriate for
converting the opportunities into the reality.

The marketing feasibility of the Ice-Cream Parlour can

be analyzed by,

1. The location of the shop is front side of Gangapur Road is

well populated area.
2. The main objectives is fulfilled the customer needs & wants
with giving discounts good quality service.

iv. Technical Feasibility :-

It provides an opportunity for a consideration of the
effect of the various technical alternatives of employee, infrastructure
demands, supports of other industries etc.
1. The actual site is been established with the built up area of
1100 sq. ft.

37
 4.1

CHAPTER :- 4

ANALYSIS
OF
FINANCIAL
STATEMENT
S

38
 4.2 4.1 Cost Of Project

Particular Amount
Shop Deposit 2,00,000
Furniture 2,00,000
Refrigerator 1,00,000
Computer 40,000
Vehicle 50,000
Inverter 30,000
Working Capital 7,50,000
Preliminary Expenses 30,000
Total 14,00,000

2%

14%
Shop Deposit Furniture
Refrigerator Computer
14%
Vehicle Inverter
54% Working Capital Preliminary
7%
3 Expenses
%
4
2
%
%

4.2 Means of Finance

39
 Particular Amount
Owned fund 3,20,000
Loan From Bank 4,80,000
Particular Amount
Total 8,00,000
Legal Fee 6,500
Stationary expenses 2,000
Advertisement expenses 1,500
Professional fee 4,000
Insurance 2,000
Down paymentMeans
(vehicle) of Finance
14,000
Total 30,000

40%
Owned Fund
Loan From Bank
60%

Preliminary Expenses (Start-up)

40
41
4.1 PROJECTED PROFIT & LOSS A/C

42
4.2 PROJECTED BALANCE SHEET

43
4.3 PROJECTED CASH FLOW STATEMENT

44
4.4 DEBT SERVICE COVERAGE RATIO –
DSCR

45
4.5 STATEMENT OF CHANGE IN WORKING
CAPITAL

46
 CHAPTER :- 5

CONCLUSION

47
 5.1 CONCLUSION

It can be concluded that project is financially feasible, as

all the financial statements with relevant information is prepared to satisfy
all the conditions of bank to sanction the loan proposal. The purpose for
which this project is prepared will definitely achieved its end goal & in
future it will give best results.

This Project report has given the knowleagde about

preparation of projected financial statement . SNOW WORLD ICE-CREAM
PARLOUR will definitely work towards this goals & maintain position of
business in future.

48
 CHAPTER :- 6

ANNEXTURE

49
6.1 DEPRECIATION ON FIXED
ASSETS

50
6.2 REPAYMENT OF LOAN

51
6.3 INCOME TAX STATEMENT

52
6.4 OWN CAPITAL A/C

53
6.5 CURRENT RATIO

54
6.6 NET PROFITABILITY RATIO

55
 CHAPTER :- 7

BIBLIOGRAPH
Y

56
 7.1 BIBILOGRAPHY

I Analysis Of Financial Statement

(Dr. N. M. Vechalekar.)
(B.B.A. Semester 5)

II Web Site :-
i www.google.co.in
ii www.topntown.com

57