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Notes to Accounts of KCL Infra Projects Ltd.

Mar 31, 2015

1. Terms/rights attached to equity shares

The Company has only one class of equity shares having a par value of ? 2/- per share. Each holder of equity shares is entitled to one vote per share.

2. Pursuant to the enactment of Companies Act 2013, the Company has applied the estimated useful lives as specified in Schedule II, Accordingly the unamortised carrying value is being depreciated / amortised over the revised/ remaining useful lives. The written down value of Fixed Assets whose lives have expired as at 1st April 2014 have been adjusted from the opening balance of Profit and Loss Account amounting to ' 54,714/-

3. In the opinion of the Board of Directors, the current assets, Loans and Advances have value on realization in the ordinary course of business, at least equal to the amount at which they are stated.

4. Balances in respect of Sundry Creditors, Sundry Debtors, Loans and Advances (including interest thereon) are subject to confirmation from respective parties.

5. Previous year's figures have been re-grouped/re-arranged and re-classified wherever necessary.

6. Segment Reporting

The business of the Company is under two segments i.e.

a) Construction & Infrastructure

b) Derivative, Equity & Unit. ( Rs In Lacs)

For The Year For The Year Ended Ended 31st March 2015 31st March 2014

1. Segment Revenues:

(a) Constructions & Infrastructure 352.79 54.08

(b) Turnover in Derivatives, Equity & Unit 168.60 331.46

(c) Unallocated 115.02 125.77

Total Revenues 636.41 511.31

Less: Inter Segment Revenue - -

Net Sales/Income From Operations 636.41 511.31

2. Segment Results

(a) Constructions & Infrastructure 2.68 (58.05)

(b) Derivatives, Equity & Unit (15.02) 56.08

(c) Unallocated 115.02 125.77

Total 102.68 123.81

Less: (i) Financial Cost 26.24 24.82

(ii) Other Un-allocable Expenditure net off un-allocable income 48.55 58.41

Total Profit before Tax 27.89 40.58

3. Capital Employed (Segment assets - Segment Liabilities)

(a) Constructions & Infrastructure 331.62 723.11

(b) Derivatives, Equity & Unit 36.67 18.42

(c) Unallocated 1450.04 1059.04

Total 1818.33 1800.58

7. Related Party Disclosure (As identified & certified by the management)

(a) Enterprises owned or significantly influenced by key management personnel or their relatives: (1) KCL Stock Broking Ltd.

(b) Key Management Personal:

(1) Mr. Mohan Jhawar

(2) Mr. Siddharth Maheshwari

8. The Company has not made any preferential allotment to parties and Company covered under register maintain under section 189 of the companies act 2013 and hence, the question of whether the price at which shares have been issued is prejudicial to the interest of the Company does not arise.


Mar 31, 2014

1 SHARE CAPITAL

Terms/rights attached to equity shares

The company has only one class of equity shares having a par value of Rs. 2 per share. Each holder of equity shares is entitled to one vote per share.

2 CONTINGENT LIABILITIES AND COMMITMENTS

No contingent liabilities exist as on the balance sheet date - -

3 Confirmation of amount due from Sundry debtors and due to sundry creditors, deposits, loans and advances have been received from certain parties and necessary adjustments, if any, are made in the books of accounts.

4 In the opinion of the board of Directors, the current assets, Loans and Advances have value on realization in the ordinary course of business, at least equal to the amount at which they are stated.

5 Balances in respect of Sundry Creditors, Sundry Debtors, Loans and Advances (including interest thereon) are subject to confirmation from respective parties.

6 Previous year''s figures have been re-grouped/re-arranged and re-classified wherever necessary.

7 Segment Reporting

The business of the Company is under two segments i.e.

a) Construction & Infrastructure

b) Derivative, Equity & Unit.

8 Related Party Disclosure (As identified & certified by the management)

(a) Enterprises owned or significantly influenced by key management personnel or their relatives:

(1) KCL Stock Broking Ltd.

(b) Key Management Personal:

(1) Mr. Mohan Jhawar

(2) Mrs. Alka Soni

(c) Transaction during the year with related parties.

9The company has not made any preferential allotment to parties and company covered under register maintain under section 301 of the company act 1956 and hence, the question of whether the price at which shares have been issued is prejudicial to the interest of the company does not arise.


Mar 31, 2013

1 CONTINGENT LIABILITIES AND COMMITMENTS

No contingent liabilities exist as on the balance sheet date NIL NIL

2 Confirmation of amount due from Sundry Debtors and due to Sundry Creditors, deposits, Loans and Advances have been received from certain parties and necessary adjustments, if any, are made in the books of accounts.

3 In the opinion of the Board of Directors, the current assets, Loans & Advances have value on realization in the ordinary course of business, at least equal to the amount at which they are stated.

4 Balances in respect of Sundry Creditors, Sundry Debtors, Loans and advances (including interest thereon) are subject to confirmation from respective parties.

5 Previous year''s figures have been re-grouped/re-arranged and re-classified wherever necessary. "*

6 Segment Reporting

The business of the Company is under two segments i.e. a) Construction & Infrastructure

7. The company has not made any preferential allotment to parties and company covered under register maintain under section 301 of the company act 1956 and hence, the question of whether the price at which shares have been issued is prejudicial to the interest of the company does not arise.


Mar 31, 2012

(a) Terms/rights attached to equity shares

The company has only one class of equity shares having a par value of Rs. 2 per share. Each holder of equity shares is entitled to one vote Der share.

1 CONTINGENT LIABILITIES AND COMMITMENTS

No contingent liabilities exist as on the balance sheet date NIL NIL

2 Confirmation of amount due from Sundry Debtors and due to Sundry Creditors, deposits, Loans and Advances have been received from certain parties and necessary adjustments, if any, are made in the books of accounts.

3 In the opinion of the Board of Directors, the current assets, Loans & Advances have value on realization in the ordinary course of business, at least equal to the amount at which they are stated.

4 Balances in respect of Sundry Creditors, Sundry Debtors, Loans and advances (including interest thereon) are subject to confirmation from respective parties.

5 Previous year''s figures have been re-grouped/re-arranged and re-classified wherever necessary.

6 The company has not made any preferential allotment to parties and company covered under register maintain under section 301 of the company act 1956 and hence, the question of whether the price at which shares have been issued is prejudicial to the interest of the company does not arise.


Mar 31, 2010

1. The amount due to Small Scale Industrial Undertakings (SSIs) is furnished under the relevant head, on the basis of information available with the Company regarding small scale industry status of the service provider.

2. In the opinion of the Board of Directors, the current assets, Loans & Advances have value on realization in the ordinary course of business, at least equal to the amount at which they are stated.

3. Segment Reporting

The business of the Company is under two segments i.e. in constructions and the other relating to Derivatives trading. However, no activity has been carried on during the year for the construc- tion segment. The above Financial Statements relate only to the segment relating to Shares & securities, derivatives and other investments. In view of this, separate segments are not reported as per AS - 17

4. Balances in respect of Sundry Creditors, Sundry Debtors, Loans and advances (including interest thereon) are subject to confirmation from respective parties.

5. Related Party Disclosure (As identified & certified by the management)

(a) Associates: (1) Samyak Resources Pvt. Ltd.

(2) KCL Stock Broking Ltd.

(b) Key Management Personal: Mr. Mohan Jhawar

Mrs. Alka Soni

(c) Relatives of Key Management Personal: Mrs. Rajshree Biyani

6. Previous years figures have been re-grouped/re-arranged and re-classified wherever necessary.







 
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