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Notes to Accounts of Alka Securities Ltd.

Mar 31, 2014

1. The value on realization of current assets in the ordinary course of business would not be less than the amount at which they are stated in the Balance Sheet. According to the management, provision for all the

2. Balances in Debtors, Creditors, loans, advances, and other current assets are subject to confirmation and reconciliation.

3. The Company is a Small and Medium Sized Company (SMC) as defined in the General Instructions in respect of Accounting Standards notified under the Companies Act, 1956. Accordingly, the Company has

4. "The Micro, Small and Medium Enterprise Development Act, 2006" has repealed the provision of interest on delayed payment to small scale and ancillary industrial undertaking Act, 1993. The management does

5. The previous year''s figures are regrouped / rearranged / reclassified wherever considered necessary to correspond with the figures of current year.


Mar 31, 2013

1. The value on realization of current assets in the ordinary course of business would not be less than the amount at which they are stated in the Balance Sheet. According to the management, provision for all the known liabilities is adequate.

2. Balances in Debtors, Creditors, loans, advances, and other current assets are subject to confirmation and reconciliation.

3. "The Micro, Small and Medium Enterprise Development Act, 2006" has repealed the provision of interest on delayed payment to small scale and ancillary industrial undertaking Act, 1993. The management does not find it necessary to provide for interest on delayed payments to the suppliers covered by the said Act in view of insignificant amount and probability of its outgo.

4. Related Party Disclosures, as required by AS-1t8hea ryee gariven belowr:eversed during the

A. Relationships:

Category I: Holding Company NIL Category II: Key management Personnel Category III: Others (Relatives of Key Management Personnel and Entities in which the Key Management Personnel have control or significant influence)

B. Transactions with related Parties:

5. The previous year''s figures are regrouped / rearranged / reclassified wherever considered necessary to correspond with the figures of current year.

6. The additional information on Quantitative Information of Goods Traded Quantitative Information in respect of stock (in Kgs.):

7. Other information pursuant to General Instructions for preparation of Balance Sheet and Profit & Loss Account of Schedule VI to the Companies Act, 1956 is not applicable.


Mar 31, 2003

1. Balances reflected in the accounts of Sundry Debtors, Sundry Creditors, Loans & Advances and Deposit are subject to confirmation/reconciliation and consequential adjustments, if any.

2. Remuneration paid to whole time director is Rs.48,000/- (Previous Year "NIL").

3. In accordance with Accounting Standard 22 "Accounting for Taxes on Income" the Company has accounted for Deferred Tax Liability of Rs. NIL (Previous Year "NIL") and Deferred Tax Asset of Rs. 13,378/- (Previous Year Rs. 16,321/-) has been added to the Profit & Loss Account.

4. Particulars of Employees:

The Company does not have any employee earning a remuneration of Rs.2,00,000/- or more P.M. or Rs.24,00,000/- or more P.A.

5. No provision has been made in the accounts in respect of Accrued Gratuity Liability since none of the employees has completed the qualifying period of service.

6. Additional information relating to Balance Sheet Abstract and Companys General Business profile as per Part IV of

Schedule VI to the Companies Act, 1956 - Annexed.

12. Figures for the previous year have been regrouped wherever necessary to make them comparable with those of current year.

 
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