Mar 31, 2015
1. Terms/Rights attached to equity shares
The company has only one class of equity shares having a par value of
Rs. 10/- per share. Each holder of equity shares is entitled to one
vote per share.
2. Corporate information
B. P. CAPITAL LIMITED Company incorporated under the provisions of the
Companies Act, 1956. The company is engaged in the business as Non
Banking Finance Company.
3. Basis of preparation
* The financial statements of the company have been prepared in
accordance with generally accepted accounting principles in India
(Indian GAAP).
* The company has prepared these financial statements to comply in all
material respects with the accounting standards notified under the
Companies (Accounting Standards) Rules, 2006, (as amended) and the
relevant provisions of the Companies Act, 1956.
* The company follows the Mercantile System of Accounting recognizing
Income and Expenditure on accrual basis.
* The directors have certified that there are no outstanding expenses
not provided for and nor there are income which have fallen due but not
accounted for. The accounts are prepared on historical cost basis and
as a going concern.
* The accounting policies adopted in the preparation of financial
statements are consistent with those of previous year.
4. Directors' Remuneration: Rs. NIL (Previous Year Rs. NIL).
5. Related Party Disclosures
"Related party disclosures as required under Accounting Standard
(AS)-18 "Related Party Disclosures".
(a). Related parties and nature of related party relationships where
control exists
Name of the party Relationship
Mr. Sachin Garg Managing Director
Mr. Peeyush Kumar Aggarwal Director
Mr. Karan Bhatia Director
Mr. Brahm Dutt Sharma Director
Mrs. Madhu Sharma Director
Ms. Sakshi Gupta Company Secretary
Mr. Shatrughan Sahu CFO
(b). Related party and nature of related party relationship with whom
transactions have taken place:
Name of the party Relationship
Ms. Sakshi Gupta Key Managerial Personnel
Mr. Shatrughan Sahu Key Managerial Personnel
6. As per information available with the company, no amount is due to
Small Scale Ancillary Industrial Undertakings as at 31St March, 2015.
7. The company has not received any intimation from " suppliers"
regarding their status under Micro Small and Medium Enterprises
Development Act, 2006 and hence disclosures, if any, relating to
amounts unpaid as at the year end together with interest paid/payable
as required under the said Act have not been furnished.
8. The Company is a Small and Medium-sized (SMC) as defined in the
General Instructions in respect of Accounting Standards notified under
the Companies Act, 1956. Accordingly, the Company has complied with the
Accounting Standards as applicable to a Small and Medium-size Company.
9. The figures of previous years have been recast/regrouped wherever
necessary to make them comparable and for the purpose of our audit.
Mar 31, 2014
1. Terms/Rights attached to equity shares
The company has only one class of equity shares having a par value of
Rs. 10/- per share. Each holder of equity shares is entitled to one
vote per share.
2. Corporate information
B. P. CAPITAL LIMITED Company incorporated under the provisions of the
Companies Act, 1956. The company is engaged in the business as Non
Banking Finance Company.
3. Basis of preparation
* The financial statements of the company have been prepared in
accordance with generally accepted accounting principles in India
(Indian GAAP).
* The company has prepared these financial statements to comply in all
material respects with the accounting standards notified under the
Companies (Accounting Standards) Rules, 2006, (as amended) and the
relevant provisions of the Companies Act, 1956.
* The company follows the Mercantile System of Accounting recognizing
Income and Expenditure on accrual basis.
* The directors have certified that there are no outstanding expenses
not provided for and nor there are income which have fallen due but not
accounted for. The accounts are prepared on historical cost basis and
as a going concern.
* The accounting policies adopted in the preparation of financial
statements are consistent with those of previous year.
4. The company is a Small and Medium-sized Company (SMC) as defined in
the General Instructions in respect of Accounting Standards notified
under the Companies Act, 1956. Accordingly, the company has complied
with the Accounting Standards as applicable to a Small and Medium-sized
Company.
5. The company has not received any intimation from "suppliers"
regarding their status under Micro Small and Medium Enterprises
Development Act, 2006 and hence disclosures, if any, relating to
amounts unpaid as at the year end together with interest paid/payable
as required under the said Act have not been furnished.
6. The figures of previous years have been recast/regrouped wherever
necessary to make them comparable and for the purpose of our audit.
7. Debit and credit balances standing in the name of the parties are
subject to balance confirmation and reconciliation.
Mar 31, 2013
1. The company is a Small and Medium-sized Company (SMC) as defined
in the General Instructions in respect of Accounting Standards notified
under the Companies Act, 1956. Accordingly, the company has complied
with the Accounting Standards as applicable to a Small and Medium-sized
Company.
2. The company has not received any intimation from "suppliers"
regarding their status under Micro Small and Medium Enterprises
Development Act, 2006 and hence disclosures, if any, relating to
amounts unpaid as at the year end together with interest paid/payable
as required under the said Act have not been furnished.
3. The figures of previous years have been recast/regrouped wherever
necessary to make them comparable and for the purpose of our audit.
4. Debit and credit balances standing in the name of the parties are
subject to balance confirmation and reconciliation.
Mar 31, 2012
1. Corporate information
B. P. CAPITAL LIMITED Company incorporated under the provisions of the
Companies Act, 1956. The company is engaged in the business as Non
Banking Finance Company.
2. Basis of preparation
· The financial statements of the company have been prepared in
accordance with generally accepted accounting principles in India
(Indian GAAP).
· The company has prepared these financial statements to comply in all
material respects with the accounting standards notified under the
Companies (Accounting Standards) Rules, 2006, (as amended) and the
relevant provisions of the Companies Act, 1956.
· The company follows the Mercantile System of Accounting recognizing
Income and Expenditure on accrual basis.
· The directors have certified that there are no outstanding expenses
not provided for and nor there are income which have fallen due but not
accounted for. The accounts are prepared on historical cost basis and
as a going concern.
· The accounting policies adopted in the preparation of financial
statements are consistent with those of previous year.
Mar 31, 2011
1. Balance of Loans & Advances as shown in the accounts are subject to
confirmation. However, in the opinion of the Board of Directors, the
current assets, loans & advances are fully realisable at the values
stated, if realised in the ordinary course of business. The provisions
for depreciation and all other known liabilities are adequate in the
opinion of the Board.
2. No provision for gratuity has been made as none of the employee of
the company is covered by the provisions of Gratuity Act, 1972.
3. Previous year figures have been regrouped/rearranged wherever
necessary to render them comparable with current year figures.
4. Deferred Tax Assets & Deferred Tax Liabilities:
Mar 31, 2010
1. Balance of Loans & Advances as shown in the accounts are subject to
confirmation. However, in the opinion of the Board of Directors, the
current assets, loans & advances are fully realisable at the values
stated, if realised in the ordinary course of business. The provisions
for depreciation and all other known liabilities are adequate in the
opinion of the Board.
2. No provision for gratuity has been made as none of the employee of
the company is covered by the provisions of Gratuity Act, 1972.
3. Previous year figures have been regrouped/rearranged wherever
necessary to render them comparable with current year figures.
4. Deferred Tax Assets & Deferred Tax Liabilities:
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