Our Finances

As a social business committed towards bringing positive change, we believe it is important to be transparent with our finances. The decision to make finances public was taken recently, and prior to that we were not tracking all our finances because Sarva Vedam was still a project in its early stages. Below are the our finances based only on the receipts we had in hand. While most sales have been recorded (as most of them are placed on the website), a considerable portion of our expenses have not been recorded because they were either cash expenses and/or there are no proofs of those transactions.  

We know that such an approach does not look good for the business’ credibility. As mentioned earlier, the decision to make finances public was only taken recently, and the business was fairly informal before that. From January 2021, all sales and expensive will be tracked and uploaded quarterly on the website. 

Total Sales and Expenses in January

Expenses

Delivery Charges

₹360

Packaging Material Purchased

₹45

Free Samples

₹50

Total

₹405

Sales

Hair Oil

₹1360

Hair Wash

₹780

Total

₹2060

Estimated Finances As of 31 December 2020

Expenses

Coconut Oil

₹21,000

Herbs

₹23,550

Jar Sealing Machine and Sealing Sheets

₹3,500

Web domain and hosting

₹6421

Accounting Software

₹1,500

Online Ads

₹679

Jars and Bottles

₹11,474

Corrogated Boxes

₹10,000

Graphic Design Software

₹1,004

Trademark Charges

₹10,000

Total

₹89,000

Sales

Hair Oil

₹3,159

Hair Wash

₹1,060

Hair Care Combo (no longer on sale)

₹2796

Total

₹7,015