Total Incomings Realized
91.6% Collected
₹3,82,180
Gross collections deposited in Kotak Mahindra Bank
Total Invoiced (Gross)
8 Tax Invoices
₹4,17,280
Taxable: ₹3,56,769.49 • GST: ₹60,510.51
Net Operating Cash Balance
In Bank
₹1,68,746
Retained in Kotak Mahindra Bank (A/C: 6052859580)
Accounts Receivable (Billed Due)
Pending
₹34,200
Framez (₹23.6k) + Incitec (₹10.6k) balance due
Contracted Pipeline
Unbilled Milestones
₹3,09,170
TicketMan 60%, ToyTree 60%, Spares91, SMM
Unbilled Pitch Losses
Written Off
₹86,000
Bengaluru Wonderland, Ksemya Spa, unbilled logos
GST Invoices Master Ledger
All historical tax invoices and proformas with exact taxable values, GST calculations, realized receipts, and balances.
| Invoice # | Date | Client Name & GSTIN | Project Description | HSN/SAC | Taxable (₹) | GST (₹) | Gross Total (₹) | Received (₹) | Balance Due (₹) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| TOTALS | ₹3,56,769.49 | ₹60,510.51 | ₹4,17,280.00 | ₹3,82,180.00 | ₹34,200.00 | 91.6% Realized | ||||
Realized Incomings
Total verified client receipts deposited in bank
| Client / Milestone | Date | Received (₹) |
|---|---|---|
| ToyTree Custom ERP Platform (40%) Deployment & architecture closure |
18-Jul-2026 | ₹2,05,320.00 |
| TicketMan Platform Handover (40%) LiveTree Entertainment Studios LLP |
20-Jul-2026 | ₹1,10,920.00 |
| The Indian Souvenir Store E-commerce storefront delivery |
06-Jul-2026 | ₹29,500.00 |
| ToyTree Website Development (40%) mytoytree.com initial milestone |
07-Jul-2026 | ₹12,000.00 |
| Incitec Web & 4-Yr Domain (Part) Domain & setup (₹10k received of ₹20.6k) |
07-Jul-2026 | ₹10,000.00 |
| LiveTree Organic SMM Retainer (50%) Month 1 initial retainer |
23-Jul-2026 | ₹9,440.00 |
| Frame Events SEO & Domain Audit Kickoff technical audit |
10-Jul-2026 | ₹5,000.00 |
Operational Outgoings & Taxes
Itemized expenditures including AI & SMM production suite
| Category | Expense Item & Vendor | Amount (₹) |
|---|
Accounts Receivable & Project Pipeline
Pending collections on billed invoices, contracted milestone balances, and enterprise proposals.
| Client | Project Scope | Milestone Description | Base Due (₹) | GST (₹) | Gross Total (₹) | Target Timeline | Status |
|---|
Liquidity Realization Simulator
Interactive model projecting bank balances based on recovery rates of near-term receivables (₹3.09L contracted + ₹34.2k billed due).
Current Bank Liquidity:
₹1,68,746.00
Simulated Near-Term Inflow:
₹3,09,033.00
Forecasted Bank Balance:
₹4,77,779.00
Audited Write-Offs & Unbilled Work
Historical record of exploratory pitches, unbilled brand assets, and root cause policy reforms.
| Project / Concept | Client / Account | Scope Delivered | Commercial Value (₹) | Accounting Treatment | Root Cause & Prevention Rule |
|---|---|---|---|---|---|
| TOTAL SPECULATIVE WORK WRITTEN OFF | ₹86,000.00 | Mandating 40% non-refundable kickoff retainer on all exploratory work. | |||
01
Mandatory 40% Advance Retainer
No Figma wireframes, brand conceptualization, or repository initialization without signed purchase order and 40% non-refundable advance.
02
25% Project Kill-Fee Clause
Standard service agreements must stipulate that if a client cancels a project mid-way, 25% of the total contract value is due as a termination settlement.
03
Standardized Itemized Rate Card
Secondary deliverables (stationery sets, social teasers, AI voiceovers) must be billed against approved per-unit rate cards (ADV-AIC-RATECARD-2026).
Corporate Balance Sheet
Statement of financial position as of August 15, 2026
ASSETS
I. CURRENT ASSETS
Cash & Bank Balances (Kotak Bank A/C 6052859580)
₹1,68,746.00
Accounts Receivable (Billed Invoices Due)
₹34,200.00
Unbilled Work-in-Progress (Active Sprint Milestones)
₹98,900.00
Current Assets Subtotal
₹3,01,846.00
II. NON-CURRENT & INTANGIBLE ASSETS
Digital IP, Domains (incitec, toytree, adelev8) & Prepaid Subscriptions
₹57,000.00
Non-Current Assets Subtotal
₹57,000.00
TOTAL ASSETS
₹3,58,846.00
LIABILITIES & PROMOTER'S CAPITAL
I. CURRENT LIABILITIES
Statutory GST Output Liability Payable
₹19,800.00
Deferred Revenue / Milestone Advance Balances
₹64,000.00
Vendor, Cloud Infrastructure & Tool Payables
₹15,200.00
Current Liabilities Subtotal
₹99,000.00
II. PROMOTER'S CAPITAL & RESERVES
Initial Capital Contribution (Vaibhav Bhalki)
₹1,00,000.00
Retained Operating Profits (Net Operating Surplus)
₹1,59,846.00
Promoter's Capital Subtotal
₹2,59,846.00
TOTAL LIABILITIES & EQUITY
₹3,58,846.00
Corporate Structure Evaluation
Private Limited Company vs Limited Liability Partnership (LLP)
| Evaluation Metric | Private Limited Company | LLP |
|---|---|---|
| Legal Liability | Complete corporate ringfence | Limited liability |
| Tax Rate | 22% Base Corporate Tax | 30% Flat Tax Rate |
| Enterprise Procurement | Mandatory for Tier-1 (Jain CMS/Godrej) | Limited institutional appeal |
| Equity & Cap Table | Clean share structure & ESOPs | No stock option capability |
| Startup India (80-IAC) | 3-Year 100% Tax Holiday eligible | Ineligible for 80-IAC |
10-Day Incorporation Roadmap
Execution timeline to Certificate of Incorporation (COI)
01
Days 1–2: DSC & Name Approval
Class-3 DSC for Vaibhav Bhalki. SPICe+ Part A filing for
ADELEV8 DIGITAL PRIVATE LIMITED.02
Days 3–5: MOA, AOA & Corporate Governance Charter
Draft tech/AI objects, charter capital, and 100% IP assignment for all past frameworks and domains.
03
Days 6–8: SPICe+ Part B & AGILE-PRO-S
Single-window MCA filing for COI, Corporate PAN/TAN, EPFO, ESIC, Karnataka PT, and corporate bank mandate.
04
Days 9–10: COI, Current Account & GSTIN
Receipt of COI & CIN, corporate bank account activation, and transition of all client contracts to dedicated GSTIN.
Capital & Ownership Structure
- Promoter: Vaibhav Bhalki
- Authorized Capital: ₹1,00,000 (10,000 Equity Shares @ ₹10)
- Paid-Up Capital: ₹1,00,000 initial equity infusion
- Corporate Governance: Direct board governance
IP & Financial Control
- 100% IP Assignment: All code, designs, and domains transferred to entity
- Dual Authorization: Formal approval mandatory for expenses > ₹25,000
- Bank Mandate: Corporate current account at ICICI/HDFC/Kotak
- Asset Ringfence: Complete personal liability protection
Compliance Retainer & SLA
- Retainer CA: ~₹2,500/mo for monthly GSTR-1, GSTR-3B & TDS filings
- Annual ROC & Audit: AOC-4, MGT-7 & statutory balance sheet audit
- MSME Udyam: 45-day payment protection rule under Sec 43B(h)
- Zero Personal Exposure: Ringfenced corporate entity books