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Notes to Accounts of Abans Enterprises Ltd.

Mar 31, 2015

1. Loans and advances are subject to confirmations and reconciliation

2. In the opinion of the Company, the current assets, loans and advances are approximately of the value stated if realised in the ordinary course of business

3. The company does not have, nor does it require under any statute to have any short/Long term defined contribution plan or any defined benefit plan for employees. There are also no short/long term employee benefits which become due during or post employment period of Employees. In the absence of aforesaid employee benefits, the requirement to comply with AS 15 does not arise

4. RELATED PARTY DISCLOSURE

Ashish Shah

Key Management Personnel - Category I Resahamsingh

Pyarasingh

Relatives of key management personnel - Category II None

Enterprise owned or significantly influenced by the key management personnel of Reshamsingh & Co their relatives company - Category III Pvt Ltd

Enterprise owned or significantly influenced None by the group of individuals or their relatives who have control or significant influence over the company - Category IV

Sale of Fixed Assets to Reshamsingh & Co. Pvt Ltd - Rs. Nil (P.Y Rs. 2,94,042/-)

5. There are no separate reportable segments under Accounting standard 17 "Segment Reporting", hence the required disclosure under Accounting Standard 17 is not made by the company.

6. Figures are rounded off to nearest value of Rupee.


Mar 31, 2014

1. CONTINGENT LIABILITIES

As stated by the directors, company does not have any contingent liabilities in the contract Execution/Completion.

Previous years figures are regrouped whereever if found necessary, so as to make it comparable with those of current year''s figures.


Mar 31, 2013

1 RELATED PARTY TRANSACTIONS

As per the Accounting standard -18 issued by the Institute of Chartered Accountants of India, the disclosure of transaction with related parties as defined in the accounting standard are given below:

Previous years figures are regrouped whereever if found necessary, so as to make it comparable with those of current year''s figures.


Mar 31, 2011

Previous years figures are regrouped whether if found necessary, so as to make it comparable with those of current year''s figures.


Mar 31, 2010

Previous years figures are regrouped whether if found necessary, so as to make it comparable with those of current year''s figures.

 
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