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Notes to Accounts of Alstone Textiles (India) Ltd.
Mar 31, 2015
Note : 1
The company has only one class of equity Shares having Par Value of
Rs 10 per Share. All these Shares have Same right & preferences with
respect to payment of dividend, repayment of Capital & Voting.
Note : 2
Previous years figures have been reworked, regrouped, &
reclassified wherever necessary to confirm to the current year
Note : 3
Balance standing to debit & credit of parties are subject to
Note : 4
As per AS-13, all long term investments are to be carried at cost
less diminution in the value except for temporary diminution.
Note : 5
As per the Provision of AS-2, Accounting of Inventories, Stock in
trade should be valued at cost or market price whichever is lower, so
that the company has valued it's currently purchased all stock in trade
at less value that is cost.
Note : 6
The company's business activity falls within single primary/
secondary business segment trading in fabric & textiles viz. . The
disclosure requirement of Accounting standard (AS) -17 "Segment
Reporting "issued by the Institute of chartered Accountants of India,
therefore is not applicable.
Note : 7
Related Party Disclosure:
As per Accounting Standard 18 on related Party disclosure issued by the
Institute of chartered Accountants of India, there is no related party
transaction recognized during the year.
Note : 8
Payment to Auditor 2014-2015 2013 -2014
Audit Fee 6,742/- 4,494/-
Note : 9
There are no micro, Small and Medium Enterprises, to whom the
Company owes dues which outstanding for more than 45 days as at 31st
March 2015. This information as required to be disclosed under the
micro, small and medium Development Act, 2006 has been determined to
the extent such parties have been identified on the basis of
information available with company.