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Notes to Accounts of RGF Capital Markets Ltd.

Mar 31, 2015

I. The Company has Complied this information based on the current information in its possession. As at 31.03.2015, No Amount due to Micro Small and Medium Entries as on 31.03.2015 Rs. NIL ( PY Rs. NIL )

ii The Financial Statements and Notes on Accounts has been prepared as per the Companies Act, 2013 with their Schedule as the same is effective from 1st April, 2014.

iii Effective from 1st April, 2014, the Company has charged depreciation based on the useful life of the assets as per the requirement of Schedule II of the Companies Act, 2013. It has recomputed the depreciation on various fixed assets in accordance with and in the manner prescribed with Part C of Schedule II of the Companies Act, 2013. The aggregate difference between the depreciation so computed as per the companies Act, 2013 till 31st March, 2014 and the depreciation charged in the accounts till 31st March, 2014 has been debited to the opening balance of profit & Loss Account.

iv Provision for taxation on Income for the year has been made under the tax calculated on income under normal computation as per income tax act being higher than the tax computed under section 115JB of the income tax act.

v The management has assessed that there is no impairment of Fixed assets requiring provisions in the accounts.

vi Deferred Taxation :

The company will recognize the deferred tax liabilities/assets on the timing differences for the period in which there is virtual certainty of future income by way of prudence in accordance with AS-22 " Accounting For Taxes On Income " issued by the Institute of Chartered Accountants of India.

vii No Provision has been made on account of gratuity as none of the employees have put in completed years of Service as required by the payment of Gratuity Act.

viii No provision has been made on account of leave salary as there are no leave to the credit of employees as at the end of the year.

ix Previous Year figures have been regrouped, rearranged or recanted wherever considered necessary.

x Information's required to be furnished under paragraph 9BB of Non-Banking Financial Companies Prudential Norms (Reserve Bank) Directions, 1998 is given in separate Annexure.


Mar 31, 2014

1. Based on the information / documents available with (the Company, no creditor is covered under Micro. Small and Medium Enterprise Development Act, 2006. As a result, no interest provision; payments have been made by the Company to such creditors, if any, and no disclosures titers of arc made in these accounts.

2. Loans. advances and sundry debtors and sundry creditors balances are subject to confirmation by the respective earlier.

3. Segment Report:

The Company is engaged in the business of Non-Banking Financial Services and there are no separate reportable augments as pet Accounting Standard 17.

4. Provision for Outstanding Standard Assets have been made'0.25% as per RBI Circular No.: DNBPS.PD.CC.No. 207/03.02.002 '2010-11 dated: 17-01-2011

5. No Provision*has been made on account of gratuity as none of the employees have put in completed years of service as required by the Payment Circuitry Act.

6. No provision has been made on account of leave salary as there as no leave to the credit of employees as ai ihe end of the

7. Previous Year figures have been regrouped, rearranged or encased wherever considered necessary.

8. Information's required to be furnished under paragraph 9BB of Non-Banking Financial Companies Prudential Norm (Reserve Bank) Directions. 1998 is given in separate Annexure.

9. Till 31 ' March. 2013 the Company was using pre revised Schedule VI to the Companies Act 1956. tor expiration and presentation of its financial statements. During the year ended 31'' March. 2014 the Revised Schedule VI notify under the Companies Act. 1956 has become applicable to the company. The Company has re classified previous year figures as well as those in the bracket to confirm to this year's classification as per revised Schedule VI. The adoption ol revised Schedule VI does not impact recognition and measurement principles followed for preparation if financial statements. Howe r its significantly impacts presentation and disclosure made in the financial statements, particularly presentation of Balance Sheei.


Mar 31, 2013

NOTE 1.

Based on the information / documents available with the Company, no creditor is covered under Micro, Small and Medium Enterprise Development Act, 2006. As a result, no interest provision/payments have been made by the Company to such creditors, if any, and no disclosures thereof are made in these accounts.

NOTE 2.

Loans, advances and sundry debtors and sundry creditors balances are subject to confirmation by the respective parties

NOTE 3.

Segment Report :

The Company is engaged in the business of Non-Banking Financial Services and there are no separate reportable segments as per Accounting Standard 17.

NOTE 4.

Provision for Outstanding Standard Assets have been made @ 0.25% as per RBI Circular No.: DNBPS.PD.CC.No. 207/03.02.002 /2010-11 dated: 17-01-2011

NOTE 5.

No Provision has been made on account of gratuity as none of the employees have put in completed years of Service as required by the Payment of Gratuity Act.

NOTE 6.

No provision has been made on account of leave salary as there are no leave to the credit of employees as at the end of the year.

NOTE 7.

Previous Year figures have been regrouped, rearranged or recasted wherever considered necessary.

NOTE 8.

Information's required to be furnished under paragraph 9BB of Non-Banking Financial Companies Prudential Norms (Reserve Bank) Directions, 1998 is given in separate Annexure. NOTE 28

Till 31st March, 2012 the Company was using pre revised Schedule VI to the Companies Act 1956, for preparation and presentation of its financial statements. During the year ended 31 St March, 2013 the Revised Schedule VI notified under the Companies Act, 1956 has become applicable to the company. The Company has re classified previous year figures as well as those in the bracket to confirm to this year's classification as per revised Schedule VI. The adoption of revised Schedule VI does not impact recognition and measurement principles followed for preparation of financial statements. However its significantly impacts presentation and disclosure made in the financial statements, particularly presentation of Balance Sheet.


Mar 31, 2012

NOTE 1.

Based on the information / documents available with the Company, no creditor is covered under Micro, Small and Medium Enterprise Development Act, 2006. As a result, no interest provision/payments have been made by the Company to such creditors, if any, and no disclosures thereof are made in these accounts.

NOTE 2 Loans, advances and sundry debtors and sundry creditors balances are subject to confirmation by the respective parties

NOTE 3 Segment Report:

The Company is engaged in the business of Non-Banking Financial Services and there are no separate reportable segments as per Accounting Standard 17.

NOTE 4 Provision for Outstanding Standard Assets have been made @ 0.25% as per RBI Circular No.: DNBPS.PD.CC.No. 207/03.02.002/2010-11 dated: 17-01-2011

NOTE 5 No Provision has been made on account of gratuity as none of the employees have put in completed years of Service as required by the Payment of Gratuity Act.

NOTE 6 No provision has been made on account of leave salary as there are no leave to the credit of employees as at the end of the

NOTE 7 Previous Year figures have been regrouped, rearranged or recasted wherever considered necessary.

NOTE 8 Informations required to be furnished under paragraph 9BB of Non-Banking Financial Companies Prudential Norms (Reserve Bank) Directions, 1998 is given in separate Annexure.

NOTE 9

Till 31st March, 2011 the Company was using pre revised Schedule VI to the Companies Act 1956, for preparation and presentation of its financial statements. During the year ended 31st March, 2012 the Revised Schedule VI notified under the Companies Act, 1956 has become applicable to the company. The Company has re classified previous year figures as well as those in the bracket to confirm to this year's classification as per revised Schedule VI. The adoption of revised Schedule VI does not impact recognition and measurement principles followed for preparation of financial statements. However its


Mar 31, 2011

1) The Quantitative Details of opening Stock, Purchase, Sales and Closing Stock [ Pursuant to Part II of schedule VI to the companies act, 1956 ] This clause is not applicable as there are no transactions.

2) In the opinion of the Board of Directors of the Company, 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 have been stated in the Balance Sheet.

3) The balance of banks, loans & advances are subject to confirmation.

4) as per prudential norms prescribed by Reserve Bank of India.

5) In terms of AS 17 of the Institute of Chartered Accountants of India, Segment information has not been given as the entire business activities of Investments in Shares & Securities and Loans & Advances considered as one business segment.

6) Contingent Liabilities as NIL .( P.Y. NIL )

7) The Company has not recognized Deferred Tax while preparing the accounts of the current year, as there is no difference between Book and Taxable Profit.

8) The previous year's figures have been reworked, regrouped, rearranged and reclassified wherever found necessary.

9) Earning/expenditure in foreign Currency NIL ( P.Y.NIL )

10) There are no micro, small and medium enterprises, to whom the company ownes dues, which are outstanding for more than 45days as at 31st march 2011 .The information as required to be disclosed under the micro, small and medium enterprises development Act, 2006 has been determined to the extend such parties have been identified on the basis of intimation available with the company.

11) Schedule to the Balance Sheet as on 31st'March 201! of a Non Banking Financial Company is annexed (Annexure-A) 12) Schedule 1 to 13 annexed herewith are forming part of the Balance Sheet and Profit & Loss Account.

 
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