Mar 31, 2015
NOTE: 1 ACCOUNTING POLICIES:
The accounts are prepared on a historical cost convention and
materially comply with the mandatory accounting standards issued by the
Institute of Chartered Accountants of India. The significant accounting
policies followed by the company are as stated below: -
Basis of accounting: The accounts have been prepared on the basis of
historical cost and accrual basis.
Earnings Per Share: In accordance with the Accounting Standard 20 "
Earnings per Share " issued by the Institute of Chartered Accountants
of India, basic earnings per share is computed using the weighted
average number of shares outstanding during the year.
Contingent Liabilities: Contingent Liabilities are disclosed when the
Company has a possible obligation or a present obligation and it is
probable that a cash outflow will not be required to settle the
obligation.
Mar 31, 2014
The accounts are prepared on a historical cost convention and
materially comply with the mandatory accounting standards issued by the
Institute of Chartered Accountants of India. The significant accounting
policies followed by the company are as stated below: -
Basis of accounting:
The accounts have been prepared on the basis of historical cost and
accrual basis.
Earning Per Share:
In accordance with the Accounting Standard 20 " Earnings per Share "
issued by the Institute of Chartered Accountants of India, basic
earnings per share is computed using the weighted average number of
shares outstanding during the year.
Contingent Liabilities:
Contingent Liabilities are disclosed when the Company has a possible
obligation or a present obligation and it is probable that a cash
outflow will not be required to settle the obligation.
Mar 31, 2013
ACCOUNTING POLICIES:
The accounts are prepared on a historical cost convention and
materially comply with the mandatory accounting standards issued by the
Institute of Chartered Accountants of India. The significant accounting
policies followed by the company are as stated below: -
Basis of accounting:
The accounts have been prepared on the basis of historical cost and
accrual basis.
Earning Per Share:
In accordance with the Accounting Standard 20 " Earnings per Share "
issued by the Institute of Chartered Accountants of India, basic
earnings per share is computed using the weighted average number of
shares outstanding during the year.
Mar 31, 2012
The accounts are prepared on a historical cost convention and
materially comply with the mandatory accounting standards issued by the
Institute of Chartered Accountants of India.
The significant accounting policies followed by the company are as
stated below: -
i. Basis of accounting
The accounts have been prepared on the basis of historical cost and
accrual basis.
ii Earning Per Share
In accordance with the Accounting Standard 20 " Earnings per Share "
issued by the Institute of Chartered Accountants of India , basic
earnings per share is computed using the weighted average number of
shares outstanding during the year.
iii Contingent Liabilities
Contingent Liabilities are disclosed when the Company has a possible
obligation or a present obligation and it is probable that a cash
outflow will not be required to settle the obligation.
Mar 31, 2010
(a) DEPRECIATION
Upto the end of the year the Company could not start commercial
production depreciation on any fixed Assets has not been provided.
(b) MISCELLANEOUS EXPENDITURE
Premilinary expenses has not been amortised as the Company could not
start its commercial production.
(c) CONTIGENT LIABILITIES
Contigent Liabilities if any have been shown by way of the notes on
accounts.