Notes to Accounts of Befound Movement Ltd.

Mar 31, 2024

1.15 Provisions

em^Pbodying econo^cTnef^ willbe reared to^ettle i''^{as a result of} P^{ast a}vent, " is probable that an outflow of resources

at each reporting date and adjusted to reflect the current best estimates * ^eS,''^{mate can be made of the amount ,he} obligation. These estimates are reviewed

1.16 Contingent Liabilities and Contingent Assets

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1.17 Impairment of property, plant and equipment --------------------*--------------,,

1.18 Current and Non-current Classification continuing use of the asset to their present value.

Schedule III to the Act ^{6660 35 CUrrent 3nd non}’^cu^nt as per the Company''s normal operating cycle twelve months) and other criteria set out in

23 Terms/Rlghts of Shareholders

The Company has only one class of shares referred to as equity shares having a par valueof Rs.10/- per share.

Each holder of equity share is entitled to one vote per share. The Company declares and pays dividends in Indian rupees.

The dividend proposed by the Board of Directors is subject to the approval of the shareholders in ensuing Annual General Meeting.
In the event of the liquidation of the Company, the holder of equity share will be entitled to receive any of the remaining
assets of the Company after distribution of all prefemtial amounts. The distribution will be in proportion of the number of the
equity shares held by the equity shareholders

11 OTHER NOTES ------U-W -0.<

11.1 Segment Reporting-

The Company operates In one business segment of providing advisory services As snrh th~

reportable business segments as per Accounting Standard as 17 c. . _ ^{M h}''^{thefe are} separate

11-2 Rotated party Di.cJo.ura '' ^SeQmCnt *****^as prescribed bythe Rules.

As per Accounting Standard (AS18) on -Related Party Disclosure¹ the related nsrti..

LoanfrorrT^f°^M°^Win9 tn’^nSaCt''°^{n has} ^ with the related wrttes" ^ ''

- 10,174.18

11.3 Previous year figures have been regrouped, and______

"ece-ary ^te «*— *> current y.^7^ ^Whef*^w eon.id.red

As per our Report of even date
For LK Ajmera & Associates

Chartered Accountant* ^for *^n<*⁰⁰ Behalf of Board of Directors

FRN : 137051W Befound Movement Limited

^pRN. (Formeriy known as Regency Trust Limited)

137051V'' 1 Rajesh Kapoor RohitThorve

Lalit Kumar Ajmera .%>----(~\ ,

. .«V

Proprietor ^

Membership No.l56U6 Director Director

Mumbai: May 28,2024 DIN : 02757121 DIN : 07116102

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Mar 31, 2015

1. The Company has only one class of issued shares i.e. Equity Shares having face value of Rs. 10/- each. Each holder of Equity Share is entitled to one vote per share and equal right for dividend. In the event of liquidation, the equity share holders are eligible to receive assets of the company after paying all preferential amounts in proportion to their shareholding.

2. The Company does not have any holding or Subsidiary Company.

3. Segment Reporting-

The Company operates in one business segment of providing advisory services.

As such, there are no separate reportable business segments as per Accounting Standard, AS-17 Segment Reporting, as prescribed by the Rules.

4.Related party Disclosure

As per Accounting Standard (AS18) During the current y ear, there are no related party transactions has been carried out

5. Previous year figures have been regrouped, and reclassified wherever considered necessary to conform to current year's classification

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Mar 31, 2014

1. SHARE CAPITAL

a. Terms/Rights attched to equity shares

The Company has only one class of equity shares having par value at Rs.10/- per share. Each holder of equity shares is entitled to one vote per share. The Company declares and pays dividends in Indian rupees. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in ensuing Annual General Meeting.

In the event of liquidation of the Company, the holders of equity shares will be entitled to receive remaining assets of the Company, after distribution all preferential amounts. The Distribution will be in proportion to the number of equity shares held by the shareholders.

2. There are no creditors as defined under the Micro, Small and Medium Enterprises Development Act, 2006.

3. In our opinion the current assets, Loans & Advances are approximately of the value stated, if realized in the ordinary course of business.

4. Provision for all known liabilities are adequate and are not in excess of the amount considered reasonably necessary.

5. Expenditure incurred in foreign currency is NIL.

6. The disclosure requirements under Part II of Revised Shedule VI of the Companies Act, 1956 are given to the extent applicable to the Company.

7. As per AS-18, notified in the Companies (Accounting Standards) Rules 2006, there is no related party transaction during the year.

8. Claim against the Company not acknowledge as debts : Rs.Nil

9. Previous year figures have been re-grouped and re-arranged if required making them comparable with current year figures.

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Mar 31, 2013

1. Share Capital

Terms / Rights attached to equity shares

The Company has only one class of equity shares having par value at Rs.10/- per share. Each holder of equity shares is entitled to one vote per share. The Company declares and pays dividends in Indian rupees. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in ensuing Annual General Meeting.

In the event of liquidation of the Company, the holders of equity shares will be entitled to receive remaining assets of the Company, after distribution all preferential amounts. The Distribution will be in proportion to the number of equity shares held by the shareholders.

2. There are no creditors as defined under the Micro, Small and Medium Enterprises Development Act, 2006.

3. In our opinion the current assets, Loans & Advances are approximately of the value stated, if realized in the ordinary course of business.

4. Provision for all known liabilities are adequate and are not in excess of the amount considered reasonably necessary.

5. Expenditure incurred in foreign currency is NIL.

6. The disclosure requirements under Part II of Revised Shedule VI of the Companies Act, 1956 are given to the extent applicable to the Company.

7. As per AS-18, notified in the Companies (Accounting Standards) Rules 2006, there is no related party transaction during the year.

8. Claim against the Company not acknowledge as debts : Rs.Nil

9. Previous year figures have been re-grouped and re-arranged if required making them comparable with current year figures.

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Mar 31, 2012

1. There are no creditors as defined under the Micro, Small and Medium Enterprises Development Act, 2006.

2. In our opinion the current assets, Loans & Advances are approximately of the value stated, if realized in the ordinary course of business.

3. Provision for all known liabilities are adequate and are not in excess of the amount considered reasonably necessary.

4. Expenditure incurred in foreign currency is NIL.

5: The disclosure requirements under Part II of Revised Shedule VI of the Companies Act, 1956 are given to the extent applicable to the Company.

6: As per AS-18, notified in the Companies (Accounting Standards) Rules 2006, there is no related party transaction during the year.

7: Claim against the Company not acknowledge as debts : Rs.Nil

8: Previous year figures have been re-grouped and re-arranged if required making them comparable with current year figures.

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Mar 31, 2010

1) There are no contingent liabilities nor provided for.

2) Depreciation has been provided on assets as per WDV method by the company.

3) The value of realization of Current Assets, Loans and Advances in the ordinary course of business will not be less than the value at which they are started in the balance sheet.

4) Auditors remuneration is as under :

a) Audit fees Rs. 10000/- (Pr.Yr NIL)

b) Tax audit fees Rs. NIL (Pr.Yr NIL)

c) Other matter Rs. NIL (Pr.Yr NIL)

5) The additional Information pursuant to the provision of the paragraph 3, 4C, and 4D of Part-H of schedule Vi to the companies Act, 1956 has been furnished to the extend possible and applicable because of the nature of the business of the company.

6) The previous year figure has been regrouped and/or rearranged wherever necessary.

We confirm that the above Balance Sheet has been correctly extracted from the accounts of the Company for the year ended 31st March 2010 audited by us.