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Notes to Accounts of Radford Global Ltd.

Mar 31, 2015

Note 1. Disclosures under accounting standards:

I. Segment Reporting (AS-17):

The Company operates in the business of Trading, real estate development & Manpower Recruitment services. Considering the core activities of the Company, management is of the view that recruitment service & trading is a single reportable business segment, further It operates only in Domestic Market, hence there is no business / geographical segments to be reported as required under Accounting Standard (AS-17] "Segment Reporting" issued by the Institute of Chartered Accountants of India .

II. Related Party Disclosure (AS-18):

(i) Related Party Disclosure under AS-18 issued by the Institute of Chartered Accounts of India, the related parties of the company are as follows: a. Promoter Group :

- Radford Investment Services Pvt Ltd

b. Directors & Key management personnel:

- Prakash Bhawarlal Biyani- Whole-time Director

- Vaibhav Laddha - Executive Director

- Nitin Shivratan Murarka - Director

- Ajaykumar Ramdular Dhuria - Director

- Dimple Vivek Nayak - Women Director

(ii) Summary of significant related party transactions

Note 26: The Company has not received any intimation from suppliers regarding their status under the Micro, Small and Medium Enterprises Development Act, 2006 and hence disclosures if any, relating to amounts unpaid as at the year end together with the interest paid/payable as required under the said Act have not been given. No provision for Contingent Liabilities, if any has been made in these accounts.

Note 2: The Company had given loans & advances from the surplus fund left over after using of working capital.

Note 3: The balances of Current assets, Current liabilities including Sundry Debtors, Sundry Creditors, Loans & advances, Secured & Unsecured Loan balances are subject to confirmation. "

Note 4: Figures have been rounded off to the nearest rupee.

Note 5: Comparative Figures:

Previous year's figures have been regrouped and rearranged wherever necessary to make them comparable with the figures for the current year.


Mar 31, 2013

Note 1 : Information required under Para 3 (ii) (b) of Part II of Schedule VI to the Companies Act, 1956 in respect of items traded during the year:

a. Since the Company is in the business of trading, the provisions regarding licensed and installed capacity, as well as production & raw - material consumption are not applicable.

b. Details of items traded –

Note 2 : In the opinion of the Board, the Current Assets Loans and Advances are not less than the values stated if realized in the ordinary course of business. The provision for depreciation and all known liabilities are adequate and not in excess of the amount reasonably necessary.

Note 3 : Disclosures under accounting standards:

I. Segment Reporting (AS-17):

The Company operates in the business of construction and real estate development, Trading business and Manpower Recruitment services. Considering the core activities of the Company, management is of the view that recruitment service & trading is a single reportable business segment, further It operates only in Domestic Market, hence there is no business / geographical segments to be reported as required under Accounting Standard (AS-17) "Segment Reporting" issued by the Institute of Chartered Accountants of India .

II. Related Party Disclosure (AS-18):

(I) Related Party Disclosure under AS-18 issued by the Institute of Chartered Accounts of India, the related parties of the company are as follows:

a. Promoter Group :

u Radford Investment Services Pvt Ltd

b. Directors & Key management personnel : u Suresh Kumar Saini- Managing Director u Prakash Bhawarlal Biyani- Director

u Pradeep Kumar Sheshnath Yadav- Director u Manish Nareshchandra Shah- Director

(ii) Summary of significant related party transactions

The nature and volume of transaction of the company during the year with the above parties were as follows:

Note 4 : The Company has not received any intimation from suppliers regarding their status under the Micro, Small and Medium Enterprises Development Act, 2006 and hence disclosures if any, relating to amounts unpaid as at the year end together with the interest paid/payable as required under the said Act have not been given. No provision for Contingent Liabilities, if any has been made in these accounts.

Note 5 : The Company had given Inter-Corporate deposit and loans and advances from the surplus fund left over after using of working capital.

Note 6 : The balances of Current assets, Current liabilities including Sundry Debtors, Sundry Creditors, Loans & advances, Secured & Unsecured Loan balances are subject to confirmation.

Note 7 : Figures have been rounded off to the nearest rupee.

Note 8 : Comparative Figures:

Previous year''s figures have been regrouped and rearranged wherever necessary to make them comparable with the figures for the current year.