Mar 31, 2015
1. No equity shares have been allotted without receipt of cash at
allotted as because shares or shares bought back.
2. There is no calls unpaid bust at the beginning or as the end of the
year concerned.
3. No shares have been forfeited during the year or prior period.
Income tax companies of current tax provisions and the net change in
the differed tax asset or liability in the year. the differed tax
assets and liabilities are calculated on the accumulated timing
differences at the end of an accounting period based on prevailing
enacted tax rates is a virtual certainty that sufficient future
taxable will be available again offered tax assets can be realized.
Mar 31, 2012
Balances in customers.suppliers.deposit accounts and loans from banks
and financial institution taken as per book are subject to
confirmation/E.M.D. Reconcilation and consequential adjustments.
In the opinion of Board of directors .current asset.Loans and Advances
are approxmately of the value stated,if realised in ordinary course of
business and there is no need of recording of impairment of assets at
this stage as the amount stated are generally recoverable.The provision
for all known and determine liabilities is adequate and not in excess
of the amount reasonably required.
Whenever external documentary evidence was not available.we have relied
on the managements authentication.
Previous year's figures have been regrouped/reclassified wherever
necessary to correspond with the current year's
classification/disclosure.
Mar 31, 2010
A. 1. Balances in the customers, suppliers, deposit accounts and loans
from banks and financial institutions taken as per books are subject to
confirmation / E.M.D. reconciliation and consequential adjustments.
Unpaid Dividend in Bank is-subject to confirmation.
2. The management does not consider it appropriate to account for the
deferred tax asset or liability in view of the accumulated losses and
due to uncertainty of future profits.
3. Bank balance includes Rs.4, 81, 464/- towards unpaid dividend which
is subject to confirmation with respective banks.
4. There are no transactions with related parties except the following
advances to:
Name Nature
Gnanesh Bhagat Advances
R. D. Bhagat Advances
Vikram D. Bhagat Advances
Yash Shelters Advances
Yash Systems Debtors
Amit Bhagat Unsecured Loan
Hansaben R. Bhagat Unsecured Loan
Ashok D. Bhagat Unsecured Loan
Angaria Bhagat Advances
(Note: Related party relationship have been identified by the
management and relied upon by the auditors.)
a) In the opinion of the Board of Directors, Current Assets, Loans and
Advances are approximately of the value stated, if realised in the
ordinary course of business and there is no need for recording of
impairment of assets at this stage as the amounts stated are generally
recoverable subject to Point no. F above. The provision for all known
and determined liabilities is adequate and not in excess of the amounts
reasonably required.
b) Wherever external documentary evidence was not available, we have
relied on the managements authentication.
c) Previous years figures are re-grouped / re-arranged wherever
considered necessary.
Mar 31, 2009
1. Balances in the customers, suppliers, deposit accounts and loans
from banks and financial institutions taken as per books are subject to
confirmation / E.M.D, reconciliation and consequential adjustments.
Unpaid Dividend in Bank is subject to confirmation.
2. The management does not consider it appropriate to account for the
deferred tax asset or liability in view of the accumulated losses and
due to uncertainty of future profits.
3. Bank balance includes Rs.4, 81, 464/- towards unpaid dividend which
is subject to confirmation with respective banks.
b) In the opinion of the Board of Directors, Current Assets, Loans and
Advances are approximately of the value stated, if realised in the
ordinary course of business and there is no need for recording of
impairment of assets at this stage as the amounts stated are generally
recoverable subject to Point no. F above. The provision for all known
and determined liabilities is adequate and not in excess of the amounts
reasonably required.
c) Wherever external documentary evidence was not available, we have
relied on the managements authentication.
d) Previous years figures are re-grouped / re-arranged wherever
considered necessary.