Home  »  Company  »  Sunstar Realty Devel  »  Quotes  »  Notes to Account
Enter the first few characters of Company and click 'Go'

Notes to Accounts of Sunstar Realty Development Ltd.

Mar 31, 2014

1. Genera] Information:

The company is engaged in the activity of real estate business.

2. Contingent Liabilities : Nil (Previous Year Rs. Nil)

3. Deferred Tax

In accordance with accounting standard AS-22 relating to ''Accounting for Taxes on Income " issued by the Institute of Chartered Accountants of India, the company has recognized a net deferred tax liability of Rs 4840 as on 31st March 2014.

4. During the year the company has issued 36,45,000 equity shares of Rs 10 each at a price of Rs 50 per share making total subscribed, issued and paid up capital to Rs 23,62,30,000 divided into 2,36,23,000 equity shares of RslO each

5. Earning/ Expenditure in Foreign currency : Nil (Previous Year Rs. Nil)

6. Previous Year Figures :

The figures for the previous year have been regrouped, reclassified or rearranged to meet the recognition and measurement principles followed for preparation of financial statements.


Mar 31, 2013

1. General Information:

The company is engaged in the activity of real estate business. The registered office of the company is situated at Ismile Building, Regjs Business Center, 23 Fort, Ground Floor, Behind Flora Fountain, Churchgate, Mumbai- 400001

2. Contingent Liabilities : Nil (Previous Year Rs. Nil)

3. During the year the company has issued 91,10,000 equity shares of Rs each 10 at a price of Rs 10 per share making total subscribed, issued and paid up capital to Rs 14,62,00,000 divided into 1,46,20,000 equity shares of RslO each

4. During the year the company has issued 53,58,000 equity shares of Rs each 10 at a price of Rs 20 per share (i.e. at a premium of RslO per shares} by way of Initial Public Offer making total subscribed, issued and paid up capital to Rs 19,97,80,000 divided into 1,99,73,000 equity shares of RslO each

5. Earning/ Expenditure in Foreign currency : Nil (Previous Year Rs. Nil)

6. Previous Year Figures :

The financial statements for the year ended March 31, 2013 have been prepared as per Schedule VI. The figures for the previous year have been regrouped, reclassified or rearranged to meet the recognition and measurement principles followed for preparation of financial statements,


Mar 31, 2012

1. Contingent Liabilities not provided for In current year nil and previous year nil

2. There is no small scale industrial undertaking to whom the company owed a sum exceeding Rs. 100000 which was outstanding for more than 30 days as at the end of the Financial year.

3. Figures for the previous year has been regrouped or rearranged wherever necessary.

4. The company has duty complied with the Accounting Standards referred to in clause 3 (c ) of Section 211 of the Companies Act, 1956.

5. The financial statement for the year ended 31st March 2011, was prepared as per then applicable, erstwhile Schedule W to the Companies Act 1956, Consequent to the notification of revised Schedule VI to the Companies Act 1956, the financial statement for the year ended March 31, 2012 are prepared as per revised Schedule VI. Accordingly the previous year figures have also been reclassified to conform to this year classification. The adoption of revised Schedule VI for the previous year figure does not impact recognition and measurement principles followed for preparation of financial statement.

 
Subscribe now to get personal finance updates in your inbox!