Mar 31, 2014
1. CONTINGENT LIABILITIES : There is no any contingent liability.
2. TRADE RECEIVABLE AND PAYABLE :
Balances of trade payable and receivable are subject to confirmation,
reconciliation and consequential adjustments, if any.
3. RELATED PARTY TRANSACTIONS :
There were no transaction between related concern/parties.
4. Employees Benefit Expenses
Particulars Current Year Previous Year
Salary Paid 45124 41221
5. Details of Payment to Auditors
Particulars Current Year Previous Year
As Auditor 8000 8000
6. The amount due to Micro & Small Enterprises are based on the
information available with the company.
7. Figures of the previous year have been regrouped/re-cast wherever
necessary.
Mar 31, 2013
1. The amount due to Micro & Small Enterprises are based on the
information available with the company.
2. Figures of the previous year have been regrouped/re-cast wherever
necessary.
Mar 31, 2012
1. Balance of sundry debtors, sundry creditors, loans Advances and
Bank are subject to confirmation or reconciliation and adjustment, if
any, the Management does not expect any material difference affecting
the current year's financial statement.
2. In the opinion of the Board, the current assets have a value on
realization in the ordinary course of business at least equal to the
amount at which these are stated above and the provisions for known
Liabilities is adequate and not in excess of the amount considered
reasonable and necessary.
3. None of the employee is covered under section 217(2A) of the
companies Act 1956 read with Companies (particulars of Employees) Rules
1975 and subsequent amendment from time to time.
4. No provision has been made for interest payable/receivable on
unsecured loans and security deposit during the year.
5. The Company had surrendered plot of land to MPAKVN. Hence building
material of Rs.571301.30 was reported to have been shifted to some
other place. Exact quantity and location details etc. were not made
available to us.
6. Basic earnings per share are computed by dividing the net profit
after tax by the weighted average number of equity shares outstanding
during the period. Diluted earnings per share is computed by dividing
the net profit after tax by the weighted average number of equity
shares and also weighted average number of equity shares that could
have issued upon conversion of all dilutive potential equity share
Information on earning per share as per accounting standard 20 on
earning per share.
31.03.2012 31.03.2011
Net Profit/ (Loss) for the year after tax (191907) (92572)
Amount Available to Equity
Shareholders (191907) (92572)
Weighted Average no. of share 51343000 51343000
Basis & Diluted Earning per Share
(in rupees) (0.00) (0.00)
Face value per Equity Share (Rupees) 1 1
7. Segment Reporting : As the company's business activity falls within
a single business segment i.e. "Textile Goods' and there is no export
turnover hence there is no segments wise information to report as per
Accounting Standard -17 " Segment Reporting" .
8. Related party Disclosure : There are no transaction with related
parties hence Disclosures as required by the Accounting Standard à 18
'Related Party Disclosures' are NIL.
9. The Company has not accounted for Deferred tax assets in
accordance with the accounting standards à 22 "accounting for taxes on
income" as per prudent practice.
10. Other additional information as required by Para 3, 4 (c) and 4(d)
of Part-II of Schedule VI to the Companies Act 1956 are either not
applicable or NIL.
11. Previous year figures have been regrouped/ rearranged wherever
necessary to make them comparable with current year.
Mar 31, 2010
1. Balance of sundry debtors, sundry creditors, loans Advances and
Bank are subject to confirmation or reconciliation and adjustment, if
any, the Management does not expect any material difference affecting
the current years financial statement.
2. In the opinion of the Board, the current assets have a value on
realization in the ordinary course of business at least equal to the
amount at which these are stated above and the provisions for known
Liabilities is adequate and not in excess of the amount considered
reasonable and necessary.
3. None of the employee is covered under section 217{2A) of the
companies Act 1956 read with Companies (particulars of Employees) Rules
1975 and subsequent amendment from time to time.
4. No provision has been made for interest payable/receivable on
unsecured loans and security deposit during the year.
5. The Company had surrendered plot of land to MPAKVN. Hence building
material of Rs.571301.30 was reported to have been shifted to some
other place. Exact quantity and location details etc. were not made
available to us.
6. Basic earning per share is computed by dividing the net profit after
tax by the weighted average number of equity shares outstanding during
the period. Diluted earning per share is computed by dividing the net
profit after tax by the weighted average number of equity shares and
also weighted average number of equity shares that could have issued
upon conversion of all dilutive potential equity share.
7. Related party Disclosure :
There are no transaction with related parties hence Disclosures as
required by the Accounting Standard -18 Related Party Disclosures* are
NIL.
8. The Company has not accounted for Deferred tax assets in
accordance with the accounting standards - 22" accounting for taxes on
income" as per prudent practice.
9 Other additional information as required by Para 3, 4 (c) and 4(d)
of Part-II of Schedule VI to the Companies Act 1956 are either not
applicable or NIL,
10. Previous year figures have been regrouped/ rearranged wherever
necessary to make them comparable with current year.
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