Mar 31, 2016
1. MICRO, SMALL & MEDIUM ENTERPRISES
There was no amount due as on March 31, 2016 as reported to us from/to Micro, small & Medium Enterprises as per Micro, Small and Medium Enterprises Development Act, 2006.
2. CASH & CASH EQUIVALENT:
Cash and cash equivalent includes cash on hand, and deposits maintained with banks which can be withdrawn by the company at any point of time.
3. EARNING PER SHARE (EPS):
Basic and Diluted EPS as per Accounting Standard 20 is Rs.0.01 (Previous year Rs.0.01).
4. CONTINGENT LIABILITIES: NIL
5. RELATED PARTIES DISCLOSURE:
There are following transaction as reported with any key managerial persons and with any of the Enterprises owned and controlled by Key management persons.
6. The Balance reflected under the head Sundry Debtors, Loans & Advances, Deposits and Sundry Creditors are subject to confirmation.
7. Foreign Exchange earnings NIL Foreign Exchange expenditure NIL
8. As per management''s view none of the current employees shall complete their term of service of five years, hence actuarial valuation of gratuity is not done.
9. Previous year''s figures have been rearranged and regrouped wherever necessary.
Mar 31, 2015
1. GENERAL:
a) Financial statements of the Company have been prepared in accordance
with the Generally Accepted Accounting Principles in India (Indian
GAAP) to comply with the Accounting Standards notified under the
Companies (Accounting Standards) Rules, 2006 (as amended) and the
relevant provisions of the Companies Act, 1956.
b) Financial Statements are prepared on historical cost basis and in
consonance with the Generally Accepted Accounting Principles.
c) Till the standards of accounting or any addendum thereto are
prescribed by the Central Government in consultation and recommendation
of the National Financial Reporting Authority, the Company will
continue to apply the accounting standards and polices as stated above.
d) The accounting policies, in all respect have been consistently
applied by the Company and are consistent with those used in the
previous year, except to the extent stated in Note 2 below.
1. The Revised Schedule VI has become effective from 1 April, 2011 for
the preparation of financial statements. This has significantly
impacted the disclosure and presentation made in the financial
statements. Previous year's figures have been regrouped /
reclassified wherever necessary to correspond with the current year's
classification / disclosure.
2. MICRO, SMALL & MEDIUM ENTERPRISES:
There was no amount due as on March 31,2014 as reported to us from/to
Micro, small & Medium Enterprises as per Micro, Small and Medium
Enterprises Development Act, 2006.
3. CASH & CASH EQUIVALENT:
Cash and cash equivalent includes cash on hand and deposits maintained
with banks which can be withdrawn by the company at any point of time.
4. PAYMENT TO DIRECTORS:
During the year no payment was made to the directors of the Company
except for the remuneration paid to the Managing Director of the
Company.
5. EARNING PER SHARE (EPS):
Basic and Diluted EPS as per Accounting Standard 20 is Rs.0.12
(Previous year Rs.0.48).
7. CONTINGENT LIABILITIES: NIL
8. RELATED PARTIES DISCLOSURE:
There are following transaction as reported with any key management
persons and with any of the Enterprises owned and controlled by Key
management persons.
9. The Balance reflected under the head Sundry Debtors, Loans &
Advances, Deposits and Sundry Creditors are subject to confirmation.
10. Foreign Exchange earnings NIL
Foreign Exchange expenditure NIL
11. As per management's view none of the current employees shall
complete their term of service of five years, hence actuarial valuation
of gratuity is not done.
12. Previous year's figures have been rearranged and regrouped
wherever necessary.
Mar 31, 2014
1. The Revised Schedule VI has become effective from 1 April, 2011 for
the preparation of financial statements. This has significantly
impacted the disclosure and presentation made in the financial
statements. Previous year''s figures have been regrouped / reclassified
wherever necessary to correspond with the current year''s classification
/ disclosure.
2. MICRO, SMALL & MEDIUM ENTERPRISES
There was no amount due as on March 31, 2014 as reported to us from/to
Micro, small & Medium Enterprises as per Micro, Small and Medium
Enterprises Development Act, 2006.
3. CASH & CASH EQUIVALENT:
Cash and cash equivalent includes cash on hand, and deposits maintained
with banks which can be withdrawn by the company at any point of time.
4. PAYMENT TO DIRECTORS:
During the year no payment was made to the directors of the Company
except for the remuneration paid to the Managing Director of the
Company.
5. EARNING PER SHARE (EPS):
Basic and Diluted EPS as per Accounting Standard 20 is Rs.0.12
(Previous year Rs.0.48).
6. AUDITOR''S REMUNERATION:
AUDITOR''S REMUNERATION 2013-14 2012-13
Statutory Audit Fees 22,472.00 22,472.00
Total 22,472.00 22,472.00
7. CONTINGENT LIABILITIES: NIL
8. RELATED PARTIES DISCLOSURE:
There are following transaction as reported with any key management
persons and with any of the Enterprises owned and controlled by Key
management persons.
Nature of Relationship Name
i. Key Management Person Mr. Mahavir Jain
Current Year Previous Year
ii. Remuneration to Key Managerial Person 180,000.00 117,000.00
9. The Balance reflected under the head Sundry Debtors, Loans &
Advances, Deposits and Sundry Creditors are subject to confirmation.
10. Foreign Exchange earnings NIL NIL
Foreign Exchange expenditure NIL NIL
11. As per management''s view none of the current employees shall
complete their term of service of five years, hence actuarial valuation
of gratuity is not done.
12. Previous year''s figures have been rearranged and regrouped
wherever necessary.
Mar 31, 2013
1. The Revised Schedule VI has become effective from 1 April, 2011 for
the preparation of financial statements. This has significantly
impacted the disclosure and presentation made in the financial
statements. Previous year''s figures have been regrouped / reclassified
wherever necessary to correspond with the current year''s classification
/ disclosure.
2. There was no amount due as on March 31, 2013 as reported to us
from/to Micro, small & Medium Enterprises as per Micro, Small and
Medium Enterprises Development Act, 2006.
3. PAYMENT TO DIRECTORS:
During the year no payment were made to the director
4. EARNING PER SHARE (EPS):
Basic and Diluted EPS as per Accounting Standard 20 is Rs.0.48
(Previous year Rs.0.06).
5. CONTINGENT LIABILITIES: NIL
6. RELATED PARTIES DISCLOSURE:
There are following transaction as reported with any key management
persons and with any of the Enterprises owned and controlled by Key
management persons.
7. The Balance reflected under the head Sundry Debtors, Loans &
Advances, Deposits and Sundry Creditors are subject to confirmation.
8. Foreign Exchange earnings NIL NIL Foreign Exchange expenditure NIL
NIL
9. As per management''s view none of the current employees shall
complete their term of service of five years, hence actuarial valuation
of gratuity is not done.
10. Previous yearÂs figures have been rearranged and regrouped
wherever necessary.
Mar 31, 2012
1. The Revised Schedule VI has become effective from 1 April, 2011 for
the preparation of financial statements. This has significantly
impacted the disclosure and presentation made in the financial
statements. Previous year's figures have been regrouped / reclassified
wherever necessary to correspond with the current year's classification
/ disclosure.
2. There was no amount due as on March 31, 2012 as reported to us
from/to Micro, small & Medium Enterprises as per Micro, Small and
Medium Enterprises Development Act, 2006.
3. EARNING PER SHARE (EPS):
Basic and Diluted EPS as per Accounting Standard 20 is Rs.0.06
(Previous year Rs.0.36).
4. CONTINGENT LIABILITIES: NIL
5. RELATED PARTIES DISCLOSURE: NIL
6. The Balance reflected under the head Sundry Debtors, Loans &
Advances, Deposits and Sundry Creditors are subject to confirmation.
7. Foreign Exchange earnings NIL NIL Foreign Exchange expenditure NIL
NIL
8. As per management's view none of the current employees shall
complete their term of service of five years, hence actuarial valuation
of gratuity is not done.
9. Previous year's figures have been rearranged and regrouped
wherever necessary.
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article