Working Capital Requirement Certificate
Date: ___________
To Whomsoever It May Concern,
This is to certify that based on the examination of the books of account, financial statements, projections, records and other relevant documents of M/s __________________________ (the “Entity”), having its Registered Office at __________________________________, and according to the information and explanations provided by the management, the Working Capital Requirement of the Entity has been assessed as under:
A. WORKING CAPITAL REQUIREMENT (Projected / Estimated as on __________)
| Particulars | Amount (INR) |
| Current Assets | |
| Inventories | __________ |
| Trade Receivables | __________ |
| Cash & Bank Balances | __________ |
| Short-term Loans & Advances | __________ |
| Other Current Assets | __________ |
| Total Current Assets (A) | __________ |
| Current Liabilities | |
| Trade Payables | __________ |
| Short-term Borrowings | __________ |
| Statutory Liabilities | __________ |
| Other Current Liabilities | __________ |
| Total Current Liabilities (B) | __________ |
| Net Working Capital (A – B) | __________ |
B. WORKING CAPITAL GAP & FINANCING
| Particulars | Amount (INR) |
| Total Current Assets | __________ |
| Less: Current Liabilities (excluding bank borrowings, if applicable) | __________ |
| Working Capital Gap | __________ |
| Proposed Margin (if any) | __________ |
| Working Capital Requirement / Bank Finance Required | __________ |
Notes:
- The above assessment is based on the books of account, records, and/or projected financial information provided by the management.
- In case of projections, the same are based on assumptions and estimates provided by the management, and actual results may vary.
- I/We have relied upon the information and explanations provided and have not carried out an independent verification of completeness of data.
- This certificate is issued at the specific request of the Entity for the purpose of __________________ (e.g., bank finance/loan assessment) and should not be used for any other purpose without my/our prior written consent.
Place: ___________
For __________________________
(Chartered Accountants)
(Firm Registration No.: __________)
Signature: ____________________
Name of Partner/Proprietor: ____________________
Membership No.: __________
UDIN: _______________________
