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Union Budget 2017-18
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Notes to Accounts of Goldcoin Health Foods Ltd.

Mar 31, 2015

(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 taken as it is from the report of the previous auditor.

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

(iv)- Previous year figures

The figures of the previous year have been re-arranged, re-grouped and re- classified wherever necessary.


Mar 31, 2014

1. (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.

2. (a) Detailed note on the terms of the rights, preferences and restrictions relating to each class of shares including restrictions on the distribution of dividends and repayment of capital.

i) The Company has only one class of Equity Shares having a par value of Rs. 10/- per share. Each holder of Equity Share is entitled to one vole per share. The Company declares and pays dividend in Indian Rupees. During the year ended 31st March 2014. the Company has not declared any dividend

ii) In the event of liquidation of the Company, the holders of Equity shares will be emitted 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.

(b) Detailed note on shares reserved to be issued under options and contracts / commitment for the sale of shares / divestments including the terms and conditions.

The company does not have any such contract / commitment as on reporting date.

(c) Detailed terms of any securities convertible into shares, e.g. in the case of convertible warrants, debentures, bonds etc.

The company does not have any securities convertible into shares as on reporting date.

Note 3- Previous year figures

The figures of the previous year have been re-arranged, re -grouped and re- classified wherever necessary.


Mar 31, 2013

1.(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.

(1) Detailed note on the terms of the rights, preferences and restrictions relating to each class of shares including restrictions on the distribution of dividends and repayment of capital.

i) The Company has only one class of Equity Shares having a par value of Rs. 10/- per share. Each holder of Equity Share is entitled to one vote per share. The Company declares and pays dividend in Indian Rupees. During the year ended 31st March 2013, the Company has not declared any dividend.

ii) 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.

(2) Detailed note on shares reserved to be issued under options and contracts / commitment for the sale of shares / divestments including the terms and conditions.

The company does not have any such contract / commitment as on reporting date.

(3) Detailed terms of any securities convertible into shares, e.g. in the case of convertible warrants, debentures, bonds etc.

The company does not have any securities convertible into shares as on reporting date.

Note 4 - Previous year figures

The figures of the previous year have been re-arranged, re-grouped and re- classified wherever necessary.


Mar 31, 2012

1. Rights of Shareholders, Dividend and Repayment of Capital:

i) Each holder of equity shares ii entitled to cne vote per share, ii) as and when the company declares« and pays dividends it pays dividends in ndian rupees. Tha Companies Act. 1956 provides that any dividend be declared out of accumulated distributable promts only after the transfer to a general reserve of a specified percentage of net profit computed in accordance with current regulations.

ii) In the event of liquidation of the company, the holders of shares shall be entitled to receive any of the remaining assets of the company, after distribution of all preferential amounts. The amount distributed will be in proportion to the number of equity shares held by the shareholders.

2. There were no shares reserved at the year end for issuance under options and contracts / commitments for the sale of Shares / disinvestment

3. The company has not issued any fully paid shares of any class for consideration otherwise than in cash or alloted bonus shares or bought back any shares since.


Mar 31, 2011

1. Contingent Liabilities etc.:

No provision has been made in respect of gratuity payable on death/retirement of employees as the same will be dealt with on cash basis. The liability on this account has not been ascertained.

2. Current Assets, Loans Advances :

In the opinion of the bored of Directors, the Current Assets, Loans and Advances have value on realization in the ordinary course of business, equal at least to the aggregate amount shown in the balance Sheet. subject to note no. 5

3. Previous Year figures :

Previous Year figures have been regrouped/re-arranged wherever necessary to make them comparable with those of current.

4. The company had made advances of Rs. 116.26 lacs for purchase of Capital goods. Neither the capital goods are purchased nor advances are refunded to the company. No provision has been made in accounts in respect of such doubtful advances.

 
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