Home  »  Company  »  KCCL Plastic  »  Quotes  »  Notes to Account
Enter the first few characters of Company and click 'Go'

Notes to Accounts of KCCL Plastic Ltd.

Mar 31, 2015

1. Balance confirmation have not been received in certain cases. Thus such balance due to or due from the parties are subject to necessary adjustment on receipt of confirmation.

2. We relying the entry appearing in the books of accounts when ever proper supporting not attached.

3. Additional information pursuant to the provision of paragraph 3 & 4 in part 11 of the Schedule vi of the companies act 1656 is not applicable.


Mar 31, 2014

NOTE NO. 1 CONTINGENT LIABILITIES AND COMMITMENT

PARTICULARS Amount of current Amount of period previous period

a) Contingent Liabilities - -

i) Claim against the company not acknowledged

ii) Guarantees

iii) Other Money for which the company is contingent liable

b) Commitments - -

i) Estimated amt. of contracts remaining to be executed on capital account and not provided for

ii) Uncalled liability on share and other investments parties

iii) Other Commitments

(2) In the opinion of the management, the provident Fund and ESI Act are not applicable to the terms of employment of any employee of the Company. Hence, no provisions or payment have been made for the same. As no employees of the Company has put in the qualifying period of services for the entitlement of gratuity benefits. No provision has been made for the same.

(3) In the Opinion of the Board of Directors, Current Assets are realisable.

(4) No further information pursuant to paragraph 4c and 4d of the part II of Schedule VI of the Companies Act, 1956 is given, as the same is not applicable to the company.

(5) Balance in respect of debtors, bank, creditors, Loans and Advances including Banks are subject to reconciliation and Confirmation.

(6) There is no contingent liability in the Company.

(7) There are no employee drawing remuneration exceeding 12,00,000/- per annum or 1,00,000/- per month as the case may be.

(8) The company has not made any payment to any related party as required by AS-18 of ICAI.

(9) The provision of Income Tax has been made considering current profit and any shortfall of earlier years.

(10) Previous year''s figures have been regrouped/rearranged whenever necessary so as to confirm to the balance of the current year.

Current Year Previous Year

(11) Earning per Share is calculated by dividing profit by no. of shares.

(12) There is no additional information pursuant to para (3) & (4) of part II of schedule VI of the Companies Act, 1956.

(13) The deferred tax liability is not provided as amount pertaining to it nil.

We confirm that the above Balance Sheet has been correctly extracted from the accounts of the Company for the year ended 31st March 2014 audited by us.


Mar 31, 2013

(1) In the opinion of the management, the provident Fund and ESI Act are not applicable to the terms of employment of any employee of the Company. Hence, no provisions or payment have been made for the same. As no employees of the Company has put in the qualifying period of services for the entitlement of gratuity benefits. No provision has been made for the same.

(2) In the Opinion of the Board of Directors, Current Assets are realisable.

(3) No further information pursuant to paragraph 4c and 4d of the part II of Schedule VI of the Companies Act, 1956 is given, as the same is not applicable to the company.

(4) Balance in respect of debtors, bank, creditors, Loans and Advances including Banks are subject to reconciliation and Confirmation.

(5) There is no contingent liability in the Company.

(6) There are no employee drawing remuneration exceeding 12,00,000/- per annum or 1,00,000/- per month as the case may be.

(7) The company has not made any payment to any related party as required by AS-18 of ICAI.

[8] The provision of Income Tax has been made considering current profit and any shortfall of earlier years.

[9] Previous year''s figures have been regrouped/rearranged whenever necessary so as to confirm to the balance of the current year.

[10] Earning per Share is calculated by dividing profit by no. of shares.

[11] There is no additional information pursuant to para (3) & (4) of part II of schedule VI of the Companies Act, 1956.

[12] The deferred tax liability is not provided as amount pertaining to it nil.

We confirm that the above Balance Sheet has been correctly extracted from the accounts of the Company for the year ended 31st March 2013 te]audited by us.


Mar 31, 2012

NOTE NO. 1

CONTINGENT LIABILITIES AND COMMITMENT

PARTICULARS Amount of Amount of current period previous period

a) Contingent Liabilities - -

i) Claim against the company not acknowledged

ii) Guarantees

iii) Other Money for which the company is contingent liable

b) Commitments - -

i) Estimated amt. of contracts remaining to be executed on capital account and not provided for

ii) Uncalled liability on share and other investments parties

iii) Other Commitments

Sale are recognized at the time of despatches and include excise duty, VAT and are net of returns. In case of export sales, revenue is recognized as on the date of bill of lading, being the effective date of despatch.

1) Pursuant to the Notification No.447 (E) dated February 28,2011 and Notification No.653 (E) dated March 30, 2011, issued by the Ministry of Corporate Affairs, the Company has prepared its financial statements for the year ended March 31, 2012 as per revised schedules VI to the Companies Act, 1956. Accordingly, the previous year's figures have been regrouped / reclassified, wherever required to align the financial statements

(1) In the opinion of the management, the provident Fund and ESI Act are not applicable to the terms of employment of any employee of the Company. Hence, no provisions or payment have been made for the same. As no employees of the Company has put in the qualifying period of services for the entitlement of gratuity benefits. No provision has been made for the same.

(2) In the Opinion of the Board of Directors, Current Assets are realisable.

(3) No further inform ation pursuant to paragraph 4c and 4d of the part II of Schedule VI of the Companies Act, 1956 is given, as the same is not applicable to the company.

(4) Balance in respect of debtors, bank, creditors, Loans and Advances including Banks are subject to reconciliation and Confirmation.

(5) There is no contingent liability in the Company.

(6) There are no employee drawing remuneration exceeding 12,00,000/ - per annum or 1,00,000/- per month as the case may be.

(7) The company has not made any payment to any related party as required by AS -18 of ICAI.

[8] The provision of Income Tax has been made considering current profit and any shortfall of earlier years.

[9] Previous year's figures have been regrouped/rearranged whenever necessary so as to confirm to the balance of the current year.

[10] Earning per Share is calculated by dividing profit by no. of shares.

[11] There is no additional information pursuant to para (3) & (4) of part II of schedule VI of the Companies Act, 1956.

[12] The deferred tax liability is not provided as amount pertaining to it nil.

We confirm that the above Balance Sheet has been correctly extracted from the accounts of the Company for the year ended 31st March 2012 audited by us.


Mar 31, 2010

(1) In the opinion of the management, the provident Fund and ESI Act are not applicable to the terms of employment of any employee of the Company. Hence, no provisions or payment have been made for the same. As no employees of the Company has put in the qualifying period of services for the entitlement of gratuity benefits. No provision has been made for the same.

(2) In the Opinion of the Board of Directors, Current Assets are realisable.

(3) No further information pursuant to paragraph 4c and 4d of the part II of Schedule VI of the Companies Act, 1956 is given, as the same is not applicable to the company.

(4)- Balance in respect of debtors, bank, creditors, Loans and Advances including Banks are subject to reconciliation and Confirmation.

(5) There is no contingent liability in the Company.

(6) There are no employee drawing remuneration exceeding 12,00,000/- per annum or 1,00,000/- per month as the case may be.

[7] The company has not made any payment to any related party as required by AS-18 of

I8]. [8] The provision of Income Tax has been made considering current profit and any shortfall of earlier years.

[9] Previous years figures have been regrouped/ rearranged whenever necessary so as to confirm to the balance of the current year.

[10] Earning per Share is calculated by dividing profit by no. of shares.

[11] There is no additional information pursuant to para (3) & (4) of part II of schedule VI of the Companies Act, 1956.

[12] The deferred tax liability is not provided as amount pertaining to it nil.

We confirm that the above Balance Sheet has been correctly extracted from the accounts of the Company for the year ended 31st March 2010 audited by us.

Find IFSC