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Notes to Accounts of Linkson International Ltd.

Mar 31, 2013

1. Balances reflected in the Financial Statements in respect of Debtors, Creditors, Loans & Advances are subject to confirmation from respective parties.

2. The provision in respect of gratuity payable to employees has not been made in the books of accounts as none of employees has served qualifying period for the entitlement of the benefits as per rules.

3. The previous year''s figures have been regrouped wherever necessary.

4. As required by the Clause 32 of listing agreement the following disclosure has not been made:

a) Loan and Advances in the nature of loans to Subsidiaries: Nil

b) Loan and Advances in the nature of Loan to Associates: Nil

c) Laons and Advances where there is no repayment or no interest is provided: Nil

5. Segment Reporting

Segment Report as per AS-17 has been annexed herewith.


Mar 31, 2012

1. Balances reflected in the Financial Statements in respect of Debtors, Creditors, Loans & Advances are subject to confirmation from respective parties.

2. The provision in respect of gratuity payable to employees has not been made in the books of accounts as none of employees has served qualifying period for the entitlement of the benefits as per rules.

3. The previous year''s figures have been regrouped wherever necessary.

4. Contingent Liabilities:

Contingent liabilities are not provided for in the accounts are disclosed hereunder:

a) Bank Guarantees outstanding : Nil

b) Claims against company not acknowledged As debts : Nil

c) Contracts remaining to executed on Capital accounts : Nil

5. a. Earnings in foreign currency : Nil

b. Remittances in foreign currency : Nil

6. As required by the Clause 32 of listing agreement the following disclosure has not been made:

a) Loan and Advances in the nature of loans to Subsidiaries: Nil

b) Loan and Advances in the nature of Loan to Associates : Nil

c) Laons and Advances where there is no repayment or no interest is provided: Nil

7. Segment Reporting

As the company has started manufacturing activity in the current financial year, and on consideration of pre-dominant source and nature of risk and return from the Organizational and Management Structure and Financial Reporting System the Company meets the reporting criteria as per AS- 17 "Segment Reporting".


Mar 31, 2010

1. Balances reflected in the Financial Statements in respect of Debtors, Creditors, Loans & Advances are subject to confirmation from respective parties.

2. The provision in respect of gratuity payable to employees has not been made in the books of accounts as none of employees has served qualifying period for me entitlement of the benefits as per rules.

3. The previous years figures have been regrouped wherever necessary.

4. Payment to Auditors:

As Audit Fees

Current Year 25000 Previous Year 25000



For Other Services

Current Year NIL Previous Year NIL

5. Contingent Liabilities:

Contingent liabilities are not provided for in the accounts are disclosed hereunder:

a) Bank Guarantees outstanding Nil

b) Claims against company not acknowledged : Nil As debts

c) Contracts remaining to executed on Captial : Nil accounts

6. a. Earnings in foreign currency Nil b. Remittances in foreign currency : Nil

7. As required by the Clause 32 of listing agreement die following disclosure has not been made:

a) Loan and Advances in the nature of loans to Subsidiaries: Nil

b) Loan and Advances in the nature of Loan to Associates : Nil

c) Laons and Advances where there is no repayment or no interest is provided: Nil

8. Segment Reporting

As the company Has started manufacturing activity in the current financial year, and on consideration of pre-dominant source and nature of risk and return from the Organizational and Management Structure and Financial Reporting System the Company meets the reporting criteria as per AS- 17 "Segment Reporting"

Segment Report as per AS-17 has been annexed herewith.


Mar 31, 2009

1. Balances reflected in the Financial Statements in respect of Debtors, Creditors, Loans & Advances are subject to confirmation from respective parties.

2 Gratuity is accounted on cash basis and is paid as when due and hence no Provision has been made in the books of account. AS such actuarial valuation for Present liability towards future payment of liability to the employees covered under the payment of towards Act was not made as on Balance Sheet date . Therefore the effect of this on the profit for the year could not be ascertained , to this extent the accounts are not in conformity with Section 209 (3) of the Companies Act ,1956 and AS - 15 on "Accounting for retirement benefits " issued by the ICAI .

3, The previous years figures have been regrouped wherever necessary.

4. Contingent Liabilities:

Contingent liabilities are not provided for in the accounts are disclosed hereunder:

a) Claims against company not acknowledged : Nil As debts

b) Contracts remaining to executed on Capital : Nil Accounts

5. a. Earnings in foreign currency : Nil b. Remittances in foreign currency : Nil

6. As required by the Clause 32 of the listing agreement the following disclosure has been made :

a) Loans and advances in the nature of loans to subsidiaries : N.A.

b) Loans and advances in the nature of loans to associates : N.A.

c) Loans and advances where there is no repayment or no interest is provided : NIL

d) Investments made by the loanee in the shares of the Company as on 31-03-2009

NOT APPLICABLE

7. Segmental Reporting:

On consideration of dominant source and nature of risk and return , the company is considered to be a trading company and accordingly has only one reportable segment: , Hence disclosure requirement under AS-17 "Segmental reporting" are not applicable.

The Schedules 1 to 16 form an integral part of the Balance Sheet.

 
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