Unit: Public Finance and Taxation
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Login to Access| Sh. | |
| Factory building | 1,800,000 |
| Office within factory building | 800,000 |
| Second hand imported machinery | 4,400,000 |
| Land | 8,000,000 |
| Engineers fee for machine installation | 1,400,000 |
| Parking bay | 900,000 |
| Conveyor belt | 1,400,000 |
| Commercial building | 10,000,000 |
| 44,900,000 |
| 1 | Commercial building cost included cost of showroom and retail shop amounting to Sh.2,800,000 and Sh.3,200,000 respectively. |
| 2 | The factory building cost included a warehouse at Sh.2,200,000. |
| 3 | A building that had been constructed at a cost of Sh.12,000,000 was leased from Juhudi Manufacturers Ltd. for 5 years. Annual lease rentals were agreed at Sh.2,200,000. Adamil Mwemah imported a processing machinery from China at a cost of Sh.5,200,000 and installed it in the building and started operations on 1 January 2023. |
| 4 | To improve the performance of the factory operations, Adamil Mwemah on 1 July 2023 computerised all its operations at a total cost of Sh.15,000,000 out of which 30% related to software cost. |
| 5 | The following assets were also purchased on 1 July 2023: |
| 5 | Sh. | |
| Furniture and fittings | 620,000 | |
| Second hand BMW vehicle | 4,300,000 | |
| 4 Tonnes lorry | 1,800,000 | |
| Backhoe loader | 3,680,000 | |
| Mobile crane | 1,900,000 |
| 6 | Factory staff labour quarters were constructed during the year at a cost of Sh.2,250,000 and put to use from 1 October 2023. |
| Sh | |
| Factory building | 14,640,000 |
| Processing machinery | 4,712,000 |
| Computers | 384,000 |
| Conveyor belts | 1,240,000 |
| Staff canteen | 2,440,000 |
| Delivery vans (two) | 4,160,000 |
| Sewerage system | 1,280,000 |
| Generator | 400,000 |
| Godown | 2,600,000 |
| Heating plant | 1,400,000 |
| Lorry | 2,948,000 |
| Sports pavilion | 1,800,000 |
| Loose tools | 144,000 |
| 1 | The company purchased the following assets on 1 January 2023: |
| 1 | Sh. | |
| Furniture | 224,000 | |
| Saloon car | 3,400,000 | |
| Boilers | 768,000 | |
| Scanners | 112,000 | |
| Wheelbarrows | 180,000 | |
| Packaging machine | 1,200,000 |
| 2 | A staff clinic was constructed at a cost of Sh.2,080,000 and utilised with effect form 1 October 2023. |
| 3 | A borehole was drilled at a cost of Sh.800,000 and utilised with effect from 1 July 2023. |
| 4 | One of the delivery vans was involved in an accident on 1 March 2023 and was written off. The insurance company paid Sh.1,400,000 as full compensation on 1 December 2023. |
| 5 | A perimeter wall was constructed at a cost of Sh.1,200,000 and put in to use from 1 July 2023. |
| Sh. | |
| Land | 12,500,000 |
| Factory building | 44,000,000 |
| Office building | 8,000,000 |
| Processing machinery | 2,400,000 |
| Patents | 400,000 |
| File cabinet | 100,000 |
| Office furniture | 480,000 |
| Electric ceiling fans | 230,000 |
| Delivery vans | 12,000,000 |
| LCD television | 120,000 |
| Photocopier | 280,000 |
| Computers | 1,800,000 |
| Telecommunication equipment | 640,000 |
| Borehole | 2,400,000 |
| Water tanks | 720,000 |
| Water pump | 360,000 |
| 3 lorries (4 tonnes) | 9,600,000 |
| 1 | The company disposed of computers and electric ceiling fans that were not suitable for the company on 1 January 2023 which had cost Sh.240,000 and Sh.80,000 respectively. |
| 2 | The company acquired the following assets during the year 2023: |
| Sh. | ||
| Trucks and trailers | 4,800,000 | |
| Data handling machine | 360,000 | |
| 2-saloon cars (each Sh.3,600,000) | 7,200,000 | |
| Workshop machinery | 2,100,000 |
| Asset | Year of acquisition/ construction | Cost of acquisition/ construction Sh. |
| Factory building | 2021 | 40,000,000 |
| Factory machinery | 2021 | 12,500,000 |
| 2 lorries (Sh.5,000,000 each) | 2021 | 10,000,000 |
| Godown | 2021 | 4,100,000 |
| Computers | 2021 | 800,000 |
| Computer software | 2021 | 240,000 |
| 2 saloon cars (Sh.3,500,000 each) | 2022 | 7,000,000 |
| Other machineries | 2022 | 300,000 |
| Sh. | |
| Factory building | 24,200,000 |
| Land | 16,000,000 |
| Processing machinery | 12,500,000 |
| Power generator | 1,800,000 |
| Delivery van | 3,600,000 |
| Computers | 650,000 |
| Staff canteen | 2,350,000 |
| Boilers | 800,000 |
| Computer software | 420,000 |
| Staff clinic | 960,000 |
| Lorry (4 tonnes) | 3,200,000 |
| Duplicating machines | 240,000 |
| Furniture and fittings | 530,000 |
| 1 | The factory building includes the cost of a showroom and a retail shop of Sh.1,850,000 and Sh.1,690,000 respectively. |
| 2 | A perimeter wall was constructed at a cost of Sh.4,200,000 and utilised from 1 October 2021. |
| 3 | The company acquired the following additional assets during the year ended 31 December 2021: |
| 3 | Asset | Cost Sh. | Date of first use |
| 2 saloon cars for directors at (Sh.4,000,000 each) | 8,000,000 | 12 January 2021 | |
| Plant and machinery | 680,000 | 20 January 2021 | |
| Mitsubishi canter | 3,200,000 | 20 January 2021 | |
| Electronic type-writers | 190,000 | 2 March 2021 | |
| Labour quarters | 2,400,000 | 1 June 2021 | |
| Parking bay | 560,000 | 1 June 2021 | |
| Mobile forklift | 3,000,000 | 10 October 2021 | |
| Water pump | 280,000 | 15 October 2021 | |
| Calculators | 10,000 | 1 December 2021 | |
| Conveyor belts | 1,800,000 | 1 December 2021 | |
| Workshop machine | 720,000 | 5 December 2021 |
| 4 | In June 2021, one of the saloon cars was involved in an accident and the insurance company paid Sh.3,000,000 as compensation. |
| 5 | A borehole was drilled at a cost of Sh.1,400,000 and put in to use on 1 November 2021. |
| 6 | The company made a gross profit of Sh.56,000,000 during the year ended 31 December 2021. |
| 7 | The following were the summary of operating expenses incurred during the year ended 31 December 2021: |
| 7 | Sh. | |
| Selling and distribution expenses | 8,400,000 | |
| Administrative expenses | 4,200,800 | |
| Depreciation | 16,000,000 | |
| Instalment tax paid | 780,000 | |
| Tax penalty and interest paid | 420,000 | |
| Bad debt written off | 120,000 |
| Sh. | |
| Factory building | 6,600,000 |
| Processing Machinery (cost, insurance and freight) | 3,800,000 |
| Delivery van | 1,908,000 |
| Tractor | 1,448,000 |
| Photocopier | 450,000 |
| Generator | 720,000 |
| Go-down | 1,500,000 |
| Workshop machinery | 840,000 |
| Computers | 660,000 |
| Saloon car | 3,840,000 |
| Fax machine | 280,000 |
| 1 | Processing machinery was imported from China and the company received an import duty waiver of 25% on the value of the machinery for duty from Government. The VAT rate was 16%. |
| 2 | Factory building include the cost of clinic Sh.420,000, showroom Sh.580,000 and a retail shop Sh.600,000. |
| 3 | A perimeter wall was constructed at a cost of Sh.540,000 and put into use on 1 September 2021. |
| 4 | The company sunk a borehole at a cost of Sh.300,000 which was utilised from 1 October 2021. A water pump costing Sh.45,000 was purchased and utilised from the same date. |
| 5 | On 1 November 2021, the following assets were acquired: |
| 5 | Sh. | |
| Conveyor belts | 680,000 | |
| Surveillance cameras | 120,000 | |
| Water tank | 150,000 |
| 6 | A sport pavilion and a staff canteen were constructed at a cost of Sh.780,000 and Sh.1,280,000 respectively and used with effect from 1 December 2021. |
| 7 | The Saloon car was disposed of at Sh.1,920,000 in December 2021. |
| Asset | Cost (Sh.) |
| Factory building (including godown Sh.700,000) | 3,800,000 |
| Parking bay | 480,000 |
| Drainage systems | 240,000 |
| Delivery van | 420,000 |
| Processing machine | 1,680,000 |
| Security wall | 720,000 |
| Office block (including staff canteen Sh.380,000) | 980,000 |
| Sh. | |
| Factory land and building | 82,000,000 |
| Conveyor belts | 6,200,000 |
| Furniture and fittings | 350,000 |
| Farm labour quarters | 4,800,000 |
| Coffee milling machinery | 4,200,000 |
| Irrigation system | 1,480,000 |
| Borehole | 2,360,000 |
| Construction of gabions | 1,120,000 |
| Lorry (3.5 tonnes) | 3,400,000 |
| Fencing of the farm | 780,000 |
| Farmhouse | 2,620,000 |
| Tractor | 3,600,000 |
| Godown | 1,860,000 |
| Factory perimeter wall | 948,000 |
| Delivery van | 2,600,000 |
| Trailer for tractor | 520,000 |
| Computers | 720,000 |
| 2 Saloon cars (each costing Sh.3,300,000) | 6,600,000 |
| Sports pavilion | 1,840,000 |
| Sh. | ||
| Office curtains | 320,000 | |
| Fax machine | 180,000 | |
| Water pump | 560,000 | |
| Packaging machine | 1,720,000 |
| Sh. | |
| Factory building (note 1) | 20,600,000 |
| Processing machinery | 4,800,000 |
| Factory parking bay | 1,640,000 |
| Sewerage system | 560,000 |
| Industrial effluent treatment plant | 2,400,000 |
| 1 | Factory building included the following: | Sh. |
| 4,400,000 | |
| 800,000 | |
| 520,000 | |
| 600,000 | |
| 400,000 |
| 2 | On 1 July 2020, the following capital expenditures were incurred: Sh. Photocopier 60,000 Computers 150,000 Motorbike 96,000 Saloon car 3,400,000 Forklift 720,000 Furniture 240,000 Pick-up 920,000 Scanners 56,000 Tractor 1,700,000 Carpets 36,000 |
| 3 | The company imported a portable weighting machine on 1 September 2020 at a cost of Sh.480,000 inclusive of duty of Sh.20,000. The duty was waived by the government. |
| Cost (Sh.) | Date of first use | |
| Godown | 320,000 | 1 July 2020 |
| Showromm | 240,000 | 1 September 2020 |
| Administration offices | 680,000 | 1 October 2020 |
| 1 | The following assets were constructed or purchased and utilised with effect from 1 July 2020: |
| 1 | Cost (Sh.) | |
| Water pump | 540,000 | |
| Labour quarters | 920,000 | |
| Processing machinery | 2,600,000 | |
| Tractor | 1,800,000 | |
| Scanners | 320,000 | |
| Two saloon cars | 7,000,000 | |
| Mobile forklift | 1,500,000 | |
| Computers | 250,000 | |
| Power transformer | 820,000 | |
| Office cabinets | 180,000 | |
| Boilers | 960,000 | |
| Bridge (connecting the factory to main road) | 1,200,000 |
| 2 | The following costs were incurred by the company on 1 September 2020: |
| 2 | Cost (Sh.) | |
| Sinking a borehole | 720,000 | |
| Construction of a parking bay | 630,000 |
| 3 | One of the computers traded in on 10 November 2020 for a new one costing Sh.68,000. The trade in value was Sh.40,000 and the balance was settled in cash. |
| 4 | The company constructed a Sports Pavilion and additional staff quarters during the year at the cost of Sh.890,000 and Sh.1,200,000 respectively. These structures were utilised from 1 October 2020. |
| Sh. | |
| Factory buildings (Note 1) | 12,800,000 |
| Processing machinery | 4,200,000 |
| Billboard | 84,000 |
| Borehole | 1,240,000 |
| Staff canteen | 350,000 |
| Sports pavilion | 470,000 |
| Computers | 140,000 |
| Computer software | 60,000 |
| Lorry (3 tonnes) | 860,000 |
| Saloon car | 2,400,000 |
| Warehouse | 680,000 |
| Weighing machines | 28,000 |
| Fax machine | 13,000 |
| Motor bike | 68,000 |
| Trailer | 120,000 |
| Workshop machinery | 464,000 |
| The cost comprised the following: | Sh. |
| Factory building | 18,750,000 |
| Office (within the factory building) | 6,250,000 |
| Reinforcement of concrete floor to affix machinery | 1,650,000 |
| Land | Land |
| Architect's fee | 2,430,000 |
| Packing bay | 99,000 |
| Electrical wiring | 1,480,000 |
| Conveyer belt | 1,200,000 |
| Lifts and escalators | 4,000,000 |
| Special shafts for lifts | 3,250,000 |
| 48,000,000 |
| 1 | Additional structures and works constructed and utilised from 1 January 2018 were as follows: |
| Sh. | ||
| - Residential house | 960,000 | |
| - Workplace nursery | 1,200,000 | |
| - Drawing and design room | 720,000 |
| 2 | To improve performance in the factory, an Oracle database that provides cloud service was installed at a cost of Sh.450,000. The computers in the drawing and design room had a Computer Aided Design (CAD) application installed at a cost of Sh.270,000. |
| 3 | A building that had been constructed at a cost of Sh.12,000,000 was leased from Jalaam Manufacturers Ltd. for five years. The annual lease rentals were agreed at Sh.2,800,000. Dalbir imported processing machinery from China at a cost of Sh.5,200,000 and installed it in the building. |
| 4 | Two warehouses were constructed at a cost of Sh.2,250,000 and utilised from 1 September 2018. |
| 5 | The following assets were purchased or constructed during the year: |
| Sh. | ||
| Furniture and fittings (including of Sh.220,000 for the workplace nursery) | 620,000 | |
| Library display fixtures (stocked with mechanical engineering volumes) | 480,000 | |
| Computers and electronic adding machines | 840.000 | |
| Motor vehicle (a second-hand BMW) | 2,300,000 | |
| Lorry (four tonnes) | 1,800,000 | |
| Tuktuk for the messenger | 180,000 | |
| Backhoe loader | 3,680,000 | |
| Additional processing machinery | 9,000,000 | |
| Mobile crane | 1,900,000 |
Factory building Staff canteen Drainage system Stone perimeter wall Labour quarters | Sh. 2,600,000 840,000 350,000 1,200,000 1,800,000 |
| Sh. | |
| Distribution van | 2,300,000 |
| Processing machinery | 1,800,000 |
| Furniture and fittings | 860,000 |
| Mercedes Benz Saloon (for the director) | 3,400,000 |
| Generator | 420,000 |
| Pick-up | 1,200,000 |
| Heating plant | 830,000 |
| Fax machines | 180,000 |
| Conveyor belts | 650,000 |
| Computers | 320,000 |
| Packaging machines | 800,000 |
| Two lorries (each 4 tonnes) | 4,000,000 |
| Photocopier machine | 120,000 |
| Forklift | 960,000 |
| Water pump | 480,000 |
| Laptop computers | 260,000 |
| Sh. | |
| Land | 4,800,000 |
| Processing machinery | 3,200,000 |
| Factory buildings | 2,800,000 |
| Staff canteen | 860,000 |
| Generator | 250,000 |
| Labour quarters | 3,600,000 |
| Staff clinic | 960,000 |
| Assets | Written Down Value 1 January 2017 Sh. | Additions during the year (at cost) Sh. | Depreciation for the year Sh. | Disposal proceeds during the year Sh. |
| Computers | 525,000 | 345,400 | 131,250 | 250,000 |
| Water pump | - | 280,000 | 56,000 | - |
| Furniture | 360,000 | 180,000 | 82,000 | - |
| Conveyor belts | - | 960,000 | - | - |
| Delivery vans | 2,500,000 | 1,420,000 | 180,000 | 620,000 |
| Cash registers | 620,000 | - | 58,000 | |
| Printers | 120,000 | 60,000 | 42,000 | |
| Tractors | 2,500,000 | 1,800,000 | 360,000 | |
| Motorcycles | 380,000 | - | 68,000 | |
| Packaging machine | 860,000 | |||
| Non-processing machinery | 960,000 | 62,000 |
| Sh. | |
| Processing machinery | 6,200,000 |
| Factory land and buildings | 10,500,000 |
| Delivery van | 2,600,000 |
| Water pump | 420,000 |
| Computers | 380,000 |
| Staff canteen construction | 960,000 |
| Lorry (4 tonnes) | 3,200,000 |
| Furniture | 180,000 |
| Digital weighing machines | 250,000 |
| Computer software | 320,000 |
| Staff clinic construction | 1,200,000 |
| Tractor | 2,800,000 |
| Sh. | |
| Factory building | 5,800,000 |
| Processing machinery | 2,140,000 |
| Computers | 480,000 |
| Conveyor belts | 300,000 |
| Staff canteen | 1,800,000 |
| Delivery vans | 5,200,000 |
| Sewerage system | 1,600,000 |
| Warehouse | 600,000 |
| Heating plant | 1,750,000 |
| Sports pavilion | 800,000 |
| Loose tools | 120,000 |
| Sh. | |
| Furniture | 280,000 |
| Toyota Land Cruiser (for the Director) | 3,200,000 |
| Packaging machine | 1,500,000 |
| Saloon car | 1,800,000 |
| Boilers | 960,000 |
| Yamaha motor cycles | 220,000 |
| Scanners | 140,000 |
| Wheel barrows | 360,000 |
| Sh. | Sh. | |
| Sale of sugar | 10,200,000 | |
| Sale of molasses | 2,400.000 | |
| Profit on disposal of a tractor | 560,000 | |
| Discount received | 180,000 | |
| Dividends from Ukulima Co-operative Ltd. | 1,200,000 | |
| 14,540,000 | ||
| Expenses | ||
| Cost of cane from growers | 3,860,000 | |
| Salaries and wages | 1,250,000 | |
| Depreciation charges | 120,000 | |
| Billboards for advertising | 250,000 | |
| Machines and motor vehicles repairs | 620,000 | |
| VAT on supplies | 1,800,000 | |
| Directors emoluments | 1,500,000 | |
| Legal fees | 960,000 | (10,360,000) |
| Net profit | 4,180,000 |
| 1 | Legal fees comprised the following: | |
Parking fines | Sh. 120,000 | |
| Collection of debts from customers | 150,000 | |
| Stamp duty on land | 480,000 | |
| Settling a dispute with a customer | 210,000 | |
| 960,000 | ||
| 2 | Machines and motor vehicles repairs include Sh.280,000 spent on the purchase of conveyor belts during the year. |
| 3 | During the year the company acquired the following assets: |
| Asset | Cost Sh. | Date of purchase and use | |
| Computers | 820,000 | 2 March 2015 | |
| Water pump | 480,000 | 1 January 2015 | |
| Furniture | 250,000 | 2 January 2015 | |
| Sugar processing machine | 6,200,000 | 3 January 2015 | |
| Tractors | 8,900,000 | 2 February 2015 | |
| 2 saloon cars | 4,800,000 | 10 May 2015 | |
| Heating plant | 2,300,000 | 2 January 2015 | |
| Pick-up motor vehicles | 8,600,000 | 5 January 2015 |
| 4 | The tractor disposed of during the year had cost Sh.2,200,000 at the beginning of the year. |
| 5 | The company constructed a factory building at a cost of Sh.8,600,000 which was utilised with effect from 5 January 2015. The factory building included the showroom and a retail shop constructed at the cost of Sh.1,200,000 and Sh.960,000 respectively. |
| 6 | A godown and staff quarters were constructed at a cost of Sh.2,860,000 and Sh.1,620,000 respectively and put into use from 1 October 2015. |
| Sh. | |
| Cost of land | 1,600,000 |
| Furniture and fittings | 250,000 |
| Factory building | 4,200.000 |
| Packing machine | 960,000 |
| Digital weighing scale | 60,000 |
| Processing machine | 540,000 |
| Tractor | 2,400,000 |
| Computers | 620,000 |
| Mobile phones | 140,000 |
| Combined harvester | 1,800,000 |
| 1 | The company constructed the following structures during the year which were utilised from 1 September 2015: |
| Cost of construction (Sh.) | ||
| Sports pavilion | 624,000 | |
| Labour quarters | 1,200,000 | |
| Recreation facility | 480,000 | |
| Factory extension | 960,000 |
| 2 | The company disposed of two computers at Sh.30,000 each on 1 August 2015. |
| 3 | The cost of processing machines includes the installation cost of Sh.120,000. |
| Sh. | |
| Factory buildings (note 1) | 8,000,000 |
| Processing machinery | 2,400,000 |
| Saloon car | 2,800,000 |
| Neon advertising sign | 48,000 |
| Computers | 150,000 |
| Delivery van | 960,000 |
| Furniture and fittings | 200,000 |
| Water tank | 90,000 |
| Water pump | 40,000 |
| Computer software | 120,000 |
| Lorry (3 tonnes) | 2,750,000 |
| Sh. | |
| Factory building | 72,000,000 |
| Labour quarters | 24,000,000 |
| Show room | 950,000 |
| Staff recreation facility | 4,500,000 |
| Retail shop | 700,000 |
| Perimeter wall | 1,550,000 |
| Administrative offices | 1,600,000 |
| Driveway | 800,000 |
| Sports pavilion | 2,600,000 |
| Drainage system | 900,000 |
| Loading bay | 1,200,000 |
| Weigh bridge | 600,000 |
| 1 | A borehole was drilled at a cost of Sh.1,300,000 and utilised with effect from 1 November 2014. |
| 2 | On 1 December 2014, the company constructed a factory extension at a cost of Sh.2,650,000 and put to use immediately. |
| 3 | The following items were purchased on 1 December 2014: |
| 3 | Sh. | |
| Pick-up | 2,400,000 | |
| Conveyor belt | 600,000 | |
| Scanners | 250,000 | |
| Mobile phones | 260,000 | |
| Digital weighing machines | 90,000 | |
| Computers | 300,000 |
| 4 | The following assets were disposed of during the year: |
| 4 | Disposal Date | Initial Cost Sh. | Disposal proceed (Sh.) | |
| Computers | 30 December 2014 | 100,000 | 60,000 | |
| Mobile phones | 20 December 2014 | 60,000 | 20,000 |
| Sh. | |
| Factory building | 8,200,000 |
| Labour quarters | 2,400,000 |
| Showroom | 960,000 |
| Staff recreation facility | 4,800,000 |
| Retail shop | 720,000 |
| Perimeter wall | 1,400,000 |
| Administrative offices | 620,000 |
| Drive way | 580,000 |
| Sports Pavilon | 3,200,000 |
| Drainage system | 840,000 |
| Sh. | |
| Heating plant | 3,400,000 |
| Delivery Vans | 2,200,000 |
| Computers | 680,000 |
| Lorry (tonnes) | 4,200,000 |
| Factory machinery | 1,800,000 |
| Fax machines | 420,000 |
| Water pump | 740,000 |
| 1 | A borehole was drilled at a cost of Sh. 920,000 and utilized from 1 September 2013. |
| 2 | On 1 July 2014, the company constructed a factory extension and a loading bay at the cost of Sh. 2,400,000 and Sh. 560,000 respectively. The structures were utilized with effect from 1 October 2014. |
| 3 | The following assets were acquired on 1 August 2014: |
| 3 | Sh. | |
| Pick-up | 2,000,000 | |
| Conveyor belts | 640,000 | |
| Scanners | 220,000 | |
| Mobile phones | 156,000 | |
| Electronic weighing machines | 720,000 |
| 4 | The following assets were disposed off during the year: |
| 4 | Asset | Disposal date | Cost of the asset | Disposal Proceeds |
| Sh. | Sh. | |||
| Computers | 02-Feb-14 | 120,000 | 420,000 | |
| Delivery van | 04-Apr-14 | 1,100,000 | 760,000 | |
| Fax machine | 30-Sep-14 | 86,000 | 54,000 |
| 5 | The company had not claimed capital allowances since it commenced operations. |