Financial Statements

For the month ended Aug 2026 · INR

For the month, with the same month a year earlier beside every figure.

The income accounts, FY 2026-27. Every account of the result, with the code the books keep it under. Income is stated positive and cost negative, so each subtotal is an addition — gross profit is revenue plus cost of sales. Expense lines are ordered largest first within their block. Every figure opens: a month opens its documents, the year to date opens its months, and a subtotal opens the accounts or the subtotals it adds.

The accounts rather than the captions, every month of FY 2026-27 as its own column, so a caption can be checked against the ledger it came from. The chooser offers every month the group has posted in; a company that has closed earlier shows nothing here rather than the month before.

This company reports in one segment: the group is organised by pillar and a company belongs to exactly one.

Everything above is the events pillar. Sixteen Frames Live is the only company of the group in it. There is no other company to add it to, so the segment result is the company result.

The group register. The pillar each company is recorded under.

• The period is a loss · (8,009,300)

Each is a control that ran against this period. Nothing here is written commentary.

Ranked adverse first, then watch, then the tests that came back clean; within a class by the finding’s figure as a share of the company’s revenue for the period, largest first. A balance sheet that does not tie, or a company no rate is held for, outranks any share.

One company, so every share is of Sixteen Frames Live’s own revenue for Aug 2026, in INR.

Tested: the balance sheet at 31 Aug 2026; the cash flow’s closing cash against the balance sheet; Aug 2026 for a loss before tax; the comparative a year earlier; whether Aug 2026 is closed; the books and records of the Indian companies under Rule 3; the receivable ageing’s share over ninety days.

Rule 3 found two things on the books and records panel, which carries them: Sixteen Frames Live keeps books in software with the audit trail switched off. Under Rule 3 of the Companies (Accounts) Rules 2014 that is an audit qualification waiting to happen, not a configuration detail. Sixteen Frames Live (27 days) has a backup host in India but no backup within the last day. Rule 3 asks for a daily one, so a host with a stale backup is not compliance.

Six rows at most, in two columns, adverse first: what needs acting on before what needs watching, and a clear row only where a test ran and found nothing. The rest is under Data quality at the foot of the screen, so the face never grows past what a reader can act on in a glance.

The month is a loss · Sixteen Frames Live · 22.7% of revenue for Aug 2026. A loss before tax of 80,09,300 INR for Aug 2026. The income statement above carries every account of it.

Period still open · Sixteen Frames Live · no lock held for Aug 2026. Aug 2026 is still open at Sixteen Frames Live: no lock is held for it, so these statements can still move.

Every 100 of revenue leaves 23 of loss by the time the month closes

INR lakh, for Aug 2026. Each bar is the movement between the two totals either side of it.

The monthly summary of Sixteen Frames Live, Aug 2026, read from Tally Prime. The same figures as the statement above.

The bridge from revenue to profit. The single most useful picture on this screen for an accountant: it says where the money went, in the order it went.

The totals — revenue, gross profit, EBITDA and profit before tax — each open their own workings. The bars between them do not: each is the movement between the two totals either side of it, so a bar that opened a single caption would show something other than what it draws. The captions are in the statement above.

• Revenue · 3,52,50,000
• Cost of sales · (3,80,77,000) · movement
• Gross profit · (28,27,000)
• Overhead · (42,92,500) · movement
• EBITDA · (71,19,500)
• Depreciation · (6,79,800) · movement
• Finance cost · (2,10,000) · movement
• Profit before tax · (80,09,300)

The owners have funded 16 per cent of what the company owns

INR at Aug 2026. Assets on the left, claims on the right.

The balance sheet of Sixteen Frames Live, Aug 2026. The period result is carried into equity as its own caption.

Two bars rather than a ring: a balance sheet is two sides that come to the same height, and the reading is how the right-hand side divides between what is owed and what is owned. Each side opens the first caption of its kind on the statement below, where every caption expands to its accounts.

Assets 14,33,45,900; liabilities 12,01,32,429; equity 2,32,13,471 INR, as the balance sheet view states them and the drawing stacks them. The two sides come to the same height where the control ties.

Operating cash came in ahead of profit this month

INR lakh, Aug 2026. From the result to the cash the operations threw off, one working-capital movement at a time.

The cash flow, indirect method of Sixteen Frames Live, Aug 2026, read from Tally Prime. The result for the month, adjusted for depreciation and for the movement in each working-capital caption.

The indirect method as a picture: profit, plus depreciation, plus the movement in receivables, inventory and payables, is cash from operations. Every bar opens the line of the cash flow view it draws, and the total opens the five that make it.

The statement of cash flows beneath is built from the two positions rather than read from this view, so the two are one movement reached two ways; where they disagree, the statement’s drawer says by how much.

• Profit · (80,09,300)
• Depreciation · 6,79,800 · movement
• Receivables · 0 · movement
• Inventory · 0 · movement
• Payables · 74,75,000 · movement
• Cash from operations · 1,45,500

Profit is down on the year, and cost of sales moved it against

INR, Aug 2026 against Aug 2025. From last year’s profit before tax to this year’s in five steps: revenue, cost of sales, overhead, and everything else between EBITDA and profit.

The monthly summary of Sixteen Frames Live, Aug 2025 and Aug 2026, read from Tally Prime. Both periods.

Five steps from last year’s profit to this year’s is the reading a chartered accountant makes first, and it has a box of its own rather than a drawer. The two profits open their workings; each step between them opens the comparison itself — the two years’ figures for that line, and their difference as the bar draws it — so a click shows exactly what the bar drew and where each side came from.

• PBT Aug 2025 · 29,80,000
• Revenue · (22,50,000) · movement
• Cost of sales · (86,77,000) · movement
• Overhead · (42,500) · movement
• Other · (19,800) · movement
• PBT Aug 2026 · (80,09,300)

FY 2026-27 month by month, INR. A bar a month, a loss in the signal ink below the baseline, the year to date in the foot.

The monthly summary of Sixteen Frames Live, FY 2026-27 to date, read from Tally Prime. Profit before tax at each month end.

Bars rather than a line: twelve results are twelve figures, each of which opens its month, and a month at a loss is read off a bar below the baseline at a glance. No new read — the summary already holds the year for the strip.

• Apr 2026 · (1,23,79,300)
• May 2026 · (1,42,10,729)
• Jun 2026 · (95,80,729)
• Jul 2026 · (1,25,22,157)
• Aug 2026 · (80,09,300)

As at Aug 2026 · INR

Every caption expands to its accounts, and every account opens the documents behind it.

Sixteen Frames Live balances at Aug 2026. The balance sheet balances only because the period result is carried into equity as its own caption. Every company-month the control covers balances.

The balance sheet, as at 31 Aug 2026. Balances at the close of the date stated. A liability is a credit in the ledger and a positive figure under Liabilities here, which is how a statement states one and how the balance sheet view states it; each figure opens a panel saying both. The translated column is stated at 0.04252732 INR to the AED, the closing rate held at 1 Aug 2026. A balance takes the close at its date; earnings take the average for the period, which is a different rate and a different column. The comparative is the last audited year end rather than the same month a year earlier: a position is compared to a date somebody closed at.

The balance sheet control, as at Aug 2026. An exceptions view: a row is a company-month that does not tie, and a group that balances returns nothing at all.

The control before the statement it controls. A control that holds is context and recedes; a control that has failed is the most important thing on the screen, because every figure here is drawn from balances that do not tie; a control whose read did not answer leads for its own reason — the statement is unverified, which is worse than a known failure and not the same thing.

Nothing is drawn from a partial position: a balance sheet missing a side does not balance and would say so falsely.

• Assets less liabilities less equity · nil

Each is a control that ran against this period. Nothing here is written commentary.

Aug 2026 · indirect · INR

Built by the indirect method from the two positions and the result between them: every working-capital line is the difference between the two balance sheet columns and opens both.

The balance sheet, 31 Mar 2026 to 31 Aug 2026. Built by the indirect method from the two positions and the result between them. Every working-capital line is the difference between the two balance sheet columns and opens both. Opening cash plus the movement comes to (5,13,69,929) against closing cash of 5,32,92,500, a difference of 10,46,62,429. That difference is not reconciled here and is not hidden: it is what the two routes to the same figure disagree by, and one of them is wrong until it is settled. Interest and tax paid are the charge for the period taken with the movement in what is owed, which is as close as an indirect statement gets without a cash-account analysis. There is no effect of exchange rate changes on cash: these books are kept in one currency. The translated column takes the average rate for the period, 0.04252732 INR to the AED — a movement is earned across a period, not held at a date.

No second derivation of the same movement. A month-by-month schedule read from the cash flow view would be a second answer to one question, with nothing on the screen to say which to believe; the statement is the one that opens both balance sheets on every line, so the statement stays.

The cash flow’s closing balance and the balance sheet’s cash line are the same fact reached two ways. The difference is computed and shown whatever it comes to — nil included — because a reader cannot otherwise tell “they agree” from “nobody looked”.

• Closing cash equals the balance sheet · nil

Each is a control that ran against this period. Nothing here is written commentary.

INR

The register holds no accumulated depreciation: each asset is depreciated here on its own cost, residual, life and method.

Straight line only, over cost less residual, to Aug 2026. An asset the register says is depreciated any other way is counted at cost with the method named rather than depreciated on a straight line — a wrong figure computed from real inputs looks exactly like a right one. The figure in each column opens the first asset of that class; every asset is listed under Detail.

The fixed asset register of Sixteen Frames Live, as at 31 Aug 2026.

A note to the position: the fixed assets caption is one figure standing for a register of assets of different ages and methods, and the note is what reconciles it. By class on the face, asset by asset under Detail.

INR

How long each balance behind the receivables caption has been outstanding, counterparty by counterparty. The bands are measured from the date each posting was made.

The receivable ageing of Sixteen Frames Live, as at 31 Aug 2026. 71.4% of the balance is more than 90 days old. The bands run from the date of each posting, not from a due date — the ledger holds when a balance arose and the counterparty’s terms are held against the counterparty, so an age here is not the same thing as an amount past due.

The note behind the receivables caption, which is one figure standing for a set of balances of very different quality — a month old and a year old are the same number on the balance sheet and are not the same asset.

The 12 largest balances are on the face and the rest are under Detail, so the note reads as a note rather than a register; the total on the face is the total of every counterparty.

one counterparty; 4,93,50,000 INR outstanding in all, of which 3,52,50,000 is in the two bands over 90 days. 71.4% of the balance is more than 90 days old.

By band: to 30 days 0, 31 to 60 0, 61 to 90 1,41,00,000, 91 to 180 (22,50,000), over 180 3,75,00,000.

0 arrangements

Every arrangement this company is a party to, on either leg, with whether the other company recorded the same charge. Both legs must exist and agree before anything is consolidated; an arrangement carried on one side only is a reconciling item, not an elimination.

The related-party arrangements of Sixteen Frames Live. The rows naming this company on either side, newest first.

A note to the position: the balances between group companies are on both sides of the balance sheet and are not eliminated here, because this is one company’s statement and not a consolidation.

No arrangement is recorded.

Section 128

What the annual filing to the Registrar is produced from, for the Indian companies accounted from Dubai.

Sixteen Frames Live keeps books in software with the audit trail switched off. Under Rule 3 of the Companies (Accounts) Rules 2014 that is an audit qualification waiting to happen, not a configuration detail. Sixteen Frames Live (27 days) has a backup host in India but no backup within the last day. Rule 3 asks for a daily one, so a host with a stale backup is not compliance.

Read as a finding rather than a checklist. Books kept electronically outside India must remain accessible in India at all times, a daily backup must sit on a server physically in India, and the accounting software must keep an audit trail that cannot be disabled. The Registrar is told annually who the service provider is, its address and location, and where the provider is outside India, the person in control of the books in India.

The India data-residency register, as at 31 Aug 2026.

This register exists so the annual filing can be produced from the system rather than reconstructed — the second proviso to Section 128 of the Companies Act 2013 and Rule 3 of the Companies (Accounts) Rules 2014, for four Indian companies accounted from Dubai. It is surfaced with the statements because that is where an auditor looks for it.

Every register holds what the annual filing needs, so the filing can be produced from this system rather than reconstructed.