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Notes to Accounts of Ambitious Plastomac Company Ltd.

Mar 31, 2013

(i) Balance of cash on hand at the end is accepted as certified by the management of the company

(ii) The figures of the previous year are regrouped or rearranged wherever it is necessary.

(iii) Investments are unquoted and stated at cost. Income from Investment is accounted for when received.

(iv) Balance of Sundry Debtors, Creditors, unsecured loans. Loans & advances are subject to confirmation of the parties.

(v) Sundry Debtors of Rs.45,53,900/- considered bad is written off during the previous year


Mar 31, 2012

(i) Balance of cash on hand at the end is accepted as certified by the management of the company

(ii) The figures of the previous year are regrouped or rearranged wherever it is necessary.

(iii) Investments are unquoted and stated at cost. Income from Investment is accounted for when received.

(iv) Balance of sundry Debtors, Creditors, unsecured loans, Loans & advances are subject to the confirmation of parties.

(v) Sundry Debtors of RS. 79,00,000/- considered bad is written off during the previous year.

(vi) Interest payable on Loan adjusted by One Time Settlement scheme in previous year is transferred to Reserve and adjusted against carried forward loss Rs. 2,86,20,766/- and principle amount Rs. 13,74,987/- as capital reserve.


Mar 31, 2011

(i) Balance of cash on hand at the end is accepted as certified by the management of the company

(ii) The figures of the previous year are regrouped or rearranged wherever it is necessary.

(iii) Investments are unquoted and stated at cost. Income from Investment is accounted for when received.

(iv) Balance of sundiy Debtors, Creditors, unsecured loans, Loans & advances are subject to the confirmation of parties.

(v) Sundry Debtors of Rs. 79,00,000/- considered bad is written off during the year.

(vi) Interest payable on Loan adjusted by One Time Settlement scheme is transferred to Reserve and adjusted against carried forward loss Rs. 2,86,20,766/- and principle amount Rs. 13,74,987/- as capital reserve.


Mar 31, 2008

(i) Balance of cash on hand at the end is accepted as certified by the management of the company (ii) The figures of the previous year are regrouped or rearranged wherever it is necessary. (iii) Investments are unquoted and stated at cost. Income from Investment is accounted for when received.

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