Mar 31, 2015
1 Corporate Information:
CAPRICORN SYSTEMS GLOBAL SOLUTIONS LIMITED is a limited company
domiciled in India and incorporated under the provisions of the
Companies Act, 1956, the company engages in the business of Information
Technology enabled services other related activities.
2. There is no information from any of the suppliers regarding their
status as small scale industrial undertakings.Hence information
regarding dues to such undertakings could not be furnished.
3. The Previous year figures have been regrouped or reclassified
wherever necessary to be in conformity with the current year figures.
All amounts in the financial statements are presented in Rupees except
where ever specifically mentioned.
4. Contingent Liabilities :
On Account of Bank Guarantee given by Bankers Rs.1,60,000 (previous
Year Rs.1,60,000).
5. Segment Reporting: The Company has only Software Development
activity hence segment report has not been given.
6. Related Party:
As per Accounting Standard 18, issued by the Institute of Chartered
Accountants of India, the disclosures of transaction with the related
parties as defined in Accounting Standards are given below:
(I) List of related parties with whom transactions have taken place and
relationships:
S. No. Name of the Related Party Relationship
1 Capricorn Systems Inc. Associate Concern
2 S. Man Mohan Rao Managing Director
Mar 31, 2014
NOTE : 1 - SHARE CAPITAL Authorised Capital
Authorised (50,00,000 equity shares of Rs.10 each)
Issued, Subscribed & Paid-up
Issued, Subscribed and Paid-up Capital (39,96,000 equity shares of
Rs.10/- each)
(Out of which 30,00,000 Equity Shares of Rs.10/- each alloted for
consideration other than cash
a. Terms/rights attached to equity shares
The company has only one class of equity shares having a par value of
Rs.10/- each holder of equity shares is entitled one vote per share.
In the event of liquidation of the Company, the holders of equity
shares will be entitled to receive remaining assets of the Company
after distribution of all preferential amounts. The distribution will
be in proportion to the number of equity shares held by the
shareholders.
NOTE : 2 - RESERVES & SURPLUS
General Reserve
Surplus in Statement of Profit & Loss At the Beginning of the year Add
: Profit for the year At the end of the year
NOTE : 3 - LONG-TERM BORROWINGS
Other Short Term Borrowings
Overdraft from SBH
(Carrying an interest rate of 14.25%)
NOTE : 4 - SHORT-TERM LIABILITIES
Trade Payables Other Liabilities
NOTE : 5 - SHORT TERM PROVISIONS
Salary and Reimbursements Contribution to PF Gratuty
Leave enchashment Provision for Taxation
NOTE : 6 - LONG TERM LOANS AND ADVANCES
Advance Recoverable in Cash or Kind Share Application money Pending
Allotment Balance with Government authorities Security Deposits
NOTE : 7 - CASH AND BANK BALANCES
Cash in Hand Bank Balances :
in Current Accounts in Deposit Accounts
NOTE : 8 (A) - SUNDRY DEBTORS
Debts outstanding for a period exceeding 6 months Other Debtors
NOTE : 9 (B) - SHORT TERM LOANS & ADVANCES
Short Term Loans and Advances
NOTE: 10 REVENUE FROM OPERATIONS
Sale of Services Software development exports
NOTE: 11 Other Income Interest Income
- from Bank Deposits
- from Others
Foreign Currency Exchange Account Total
NOTE: 12 EMPLOYEE BENEFITS EXPENSES
Employee Benefits Expense Contribution to provident and other funds
Staff welfare Expenses
NOTE: 13 OPERATIONS & OTHER EXPENSES
Internet And Support Services Postage & Telephones Rent, Rates & Taxes
Electrcity Charges Travelling & Conveyance Repairs & Maintenance
Professional & Consultancy Charges Office Maintenance & Security Other
expenses Amounts written off Loss on sale of asset Audit Fee
Total
NOTE: 14 DEPRECIATION
a) Depreciation of Tangible Assets
Total
NOTE: 15 FINANCE COST
Finance Charges
1 Corporate Information:
CAPRICORN SYSTEMS GLOBAL SOLUTIONS LIMITED is a limited company
domiciled in India and incorporated under the provisions of the
Companies Act, 1956, the company engages in the business of Information
Technology enabled services other related activities.
2. Contingent Liabilities :
On Account of Bank Guarantee given by Bankers Rs.1,60,000 (previous
Year Rs.1,60,000).
3. Directors'' Remuneration: 2013 -14 2012-2013
Salary and allowances Rs.600,000 Rs.600,000
4. Additional information as required by Part - II of Schedule - VI of
the Companies Act, 1956.
Rs.(In Lakhs) Rs.(In Lakhs)
A. Expenditure in Foreign Currency: Nil Nil
B. Earnings in Foreign Exchange: 359.91 345.86
(on cash basis) Software Development Charges
C. C I F Value of Imports: Nil Nil
5. Segment Reporting: The Company has only Software Development
activity hence segment report has not been given.
6. Related Party:
As per Accounting Standard 18, issued by the Institute of Chartered
Accountants of India, the disclosures of transaction with the related
parties as defined in Accounting Standards are given below:
(I) List of related parties with whom transactions have taken place and
relationships:
Mar 31, 2013
1 Corporate Information:
CAPRICORN SYSTEMS GLOBAL SOLUTIONS LIMITED is a limited company
domiciled in India and incorporated under the provisions of the
Companies Act, 1956, the company engages in the business of Information
Technology enabled services other related activities.
2. There is no information from any of the suppliers regarding their
status as small scale industrial undertakings. Hence information
regarding dues to such undertakings could not be furnished.
3. The Previous year figures have been regrouped or reclassified
wherever necessary to be in conformity with the current year figures.
All amounts in the financial statements are presented in Rupees except
where ever specifically mentioned.
4. Contingent Liabilities :
On Account of Bank Guarantee given by Bankers Rs.1,60,000 (previous
Year Rs.1,60,000).
5. Segment Reporting: The Company has only Software Development
activity hence segment report has not been given.
6. Related Party:
As per Accounting Standard 18, issued by the Institute of Chartered
Accountants of India, the disclosures of transaction with the related
parties as defined in Accounting Standards are given below:
(I) List of related parties with whom transactions have taken place and
relationships:
Mar 31, 2012
1 Corporate Information:
CAPRICORN SYSTEMS GLOBAL SOLUTIONS LIMITED is a limited company
domiciled in India and incorporated under the provisions of the
Companies Act' 1956' the company engages in the business of Information
Technology enabled services other related activities.
2. There is no information from any of the suppliers regarding their
status as small scale industrial undertakings. Hence information
regarding dues to such undertakings could not be furnished.
3. The Previous year figures have been regrouped or reclassified
wherever necessary to be in conformity with the current year figures.
All amounts in the financial statements are presented in Rupees except
where ever specifically mentioned.
4. Contingent Liabilities :
On Account of Bank Guarantee given by Bankers Rs.1'60'000 (previous
Year Rs.1'60'000).
5. Directors' Remuneration: 2011 -12 2010-2011
Salary and allowances Nil Nil
6. Additional information as
required by Part - II of
Schedule - VI of
the Companies Act' 1956.
Rs. (In
Lakhs) Rs. (
In Lakhs)
A. Expenditure in Foreign Currency: Nil Nil
B. Earnings in Foreign Exchange: 238.12 148.30
(on cash basis) Software Development
Charges
C. C I F Value of Imports: Nil Nil
7. Segment Reporting: The Company has only Software Development
activity hence segment report has not been given.
8. Related Party:
As per Accounting Standard 18' issued by the Institute of Chartered
Accountants of India' the disclosures of transaction with the related
parties as defined in Accounting Standards are given below: (I) List of
related parties with whom transactions have taken place and
relationships: