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Notes to Accounts of Sulabh Engineers & Services Ltd.

Mar 31, 2015

A Corporate Information

The Company is Non-banking Financial Company (NBFC) registered with the Reserve Bank of India ("RBI") under section 45-IA of the Reserve Bank of India Act, 1934 and primarily engaged in lending and related activities. The Company received the Certificate of Registration from the RBI, enabling the Company to carry on business as a Non-banking Financial Company.


Mar 31, 2014

A Corporate Information

The Company is Non-banking Financial Company (NBFC) registered with the Reserve Bank of India ("RBI") under section 45-IA of the Reserve Bank of India Act, 1934 and primarily engaged in lending and related activities. The Company received the Certificate of Registration from the RBI, enabling the Company to carry on business as a Non-banking Financial Company.

Particulars For the year For the year ended March ended March 31, 2014 31, 2013

Note 1 Contingent liabilities Nil Nil

Note 2 Dues to Micro, Small and Medium EnterprisesDues to Micro and Small Enterprises have been determined to the extent Nil Nil such parties have been identified on the basis of information collected by the Management. This has been relied upon by the auditors.

Note 3 Deferred Tax Assets (Net) Deferred Tax Liability on account ofdifference in Depreciation as per tax books and financial books 48,541 33,696

Note 4 Expenditure in foreign currency Nil Nil

Note 5 Earnings in foreign exchange Nil Nil

Note 6 Employee benefits Nil Nil

Note 7 Previous year''s figures Previous year''s figures have been regrouped/reclassified wherever necessary to correspond with the current year''s classification / disclosure.


Mar 31, 2013

A Corporate information

The Company is Non-banking Financial Company (NBFC) registered with the Reserve Bank of lndfa("RBI") under section j 45-lAaf the Reserve Bank of India Act, 1934 and primarily engaged in lending and related activities. The Company received ) the Certificate of Registration from the RBi, enabling the Company to carry on business as a Non-banking Financial Company.

Note 1 Contingent liabilities Nil Nil

Note 2 Dues to Micro, Small and Medium Enterprises

Dues to Micro and Small Enterprises have been determined to the extent such parties have been identified on the basis of information collected by the Management. This has been relied upon by the auditors.

Note 3 Previous year''s figures

Previous year''s figures have been regrouped/reclassified wherever necessary to correspond with the current year''s classification /disclosure.


Mar 31, 2012

1. Since the amount of Deferred Tax provision was not material, therefore no provision for deferred tax was made as on 31.03.2012.

2. List of Related Parties are as under:

a. Sulabh Agro P. Ltd

b. Sulabh Engg. Cons. P.Ltd

Transactions with Related Parties are as under:

a. Sulabh Agro P.Ltd. - Rs. 25,000/-

b. Sulabh Engg. Cons. P.Ltd.- Rs. 25,000/-

c. Manoj Kumar Agarwal- Director Remuneration - Rs.180000/-

d. Deepa Mittal-Director Remuneration- Rs. 180000/-

3. During the year under review, the Company has issued 70,00,000 Equity shares on preferential basis of Rs.l0/- each on premium Rs.10/- each, out of which 17,00,000 Equity shares were issued to Promoters and 53,00,000 Equity shares to Non-Promoters.

4. Loans & Advances includes Rs.250,40,000/- being advance paid to Sanjeevani Fertilizers & Chemicals Pvt. Ltd, as advance for use of land owned by Sanjeevani Fertilizers & Chemicals Pvt. Ltd.

5. Advances also includes Rs.l3,00,000/- being advance paid to M/s.MGIL Emrald Garden Invt. Pvt. Ltd., as advance for purchase of property.

6. Previous year's figures has been rearranged and regrouped, wherever required to make comparable with current year's figures.

7. Balances of sundry debtors, sundry creditors, loans and advances (debit & credit) shown in the Balance Sheet, are subject to confirmation and verification from respective parties.

8. Auditors' Remuneration comprises of:

Statutory Audit fee- Rs.25,000/-

Certification Fee- Rs.51,000/-

9. Directors Remuneration includes payment made to Mr.Manoj Kumar Agarwal Rs. 180000/- & Mrs. Deepa Mittal Rs. 180000/- Director of the Company.

10. EPS and DEPS for the year 2011-12 is Rs. 0.46 calculated as ( Profit after tax for the year is Rs. 14,79,993/- divided by weighted No. of shares 30,47,500 (70,00,000*9/366))

11. As per Management's explanation amount due to SSI, MICRO, Small Enterprises is NIL.

12. Cash Balances at the year end is not verified by the Auditors, the same is relied on the certification by the Management.

13. Expenditure in Foreign Currency-NIL

14. Earning in Foreign Currency-NIL


Mar 31, 2011

1. Since the amount of deferred tax provision is not material amount, no provision for deferred tax liabilities/assets as on 31.03.2011 is made.

2. As explained to us the amount due to SSI, MICRO, Small Enterprises is NIL.

3. Related party disclosures transaction are NIL.

4. During the year the company has issued 2800000 equity shares on preferential basis of Rs.10/- each on premium of Rs.10/- each , out of which 1000000 equity shares were issued to Promoters and 1800000 equity shares to Non-promoters.

5. Interest and Dividend Income are shown gross.

6. During the year the Company has sold out their all investments in securities, and as a result loss of Rs.60812.82 has been occurred.

7. Previous year's figures have been regrouped and rearranged, wherever necessary to make comparable with the current year's figure.





 
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