Notes to Accounts of K K Fincorp Ltd.

Mar 31, 2014

Contingent liabilities are not provided for and are separately dealt with.

i) INVENTORIES / STOCKS

Stock in trade has been valued at cost or market value whichever is lower.

1.2 The company does not have any outstanding amount payable to Micro, Small and Medium Enterprises as specified in Micro, Small and Medium Enterprises Development Act, 2006.

1.3 Provisions of the Payment of the Gratuity Act and the Employees Provident Funds Act, 1952 are not applicable to the Company.

1.4 Previous year figures have been regrouped / rearranged, wherever necessary to control with current year''s presentation.

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Mar 31, 2013

1.1 The company does not have any outstanding amount payable to Micro, Small and Medium Enterprises as specified in Micro, Small and Medium Enterprises Development Act, 2006.

1.2 Provisions of the Payment of the Gratuity Act and the Employees Provident Funds Act, 1952 are not applicable to the Company.

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Mar 31, 2012

1.1 Company does not have complete information to determine Micro, Small and Medium Enterprises as specified in Micro, Small and Medium Enterprises Development Act, 2006 hence it is not possible for us to verify the amount due to such enterprises.

1.2 Provisions of the payment of The Gratuity Act, and the Employees' Provident Funds Act, 1952 are not applicable to the Company.

1.3. Till the year ended 31st March, 2011, the Company was using pre-revised schedule VI to the Companies Act, 1956, for preparation and presentation of its financial statements. During the year ended 31st March, 2012, the revised schedule VI notified under the Companies Act 1956, has become applicable to the Company. The Company has reclassified previous year figures to conform to this year’s classification. The adoption of revised schedule VI does not impact recognition and measurement principles followed for preparation of financial statements.

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Mar 31, 2011

1. Company does not have complete information to determine Micrp, Small and Medium Enterprises as specified in Micro, Small and Medium Enterprises Development Act, 2006 hence it is not possible for us to verify the amount due to such enterprises.

2. Provisions of the payment of The Gratuity Act, and the Employees' Provident Funds Act, 1952 are not applicable to the Company.

3. Other additional information required to be given under paragraph 3 and 4 of part II of Schedule VI to the Companies Act, 1956, are not applicable.

4. Previous year's figures are regrouped / rearranged wherever found necessary.

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Mar 31, 2010

1. Company does not have complete information to determine Micrp, Small and Medium Enterprises as specified in Micro, Small and Medium Enterprises Development Act, 2006 hence it is not possible for us to verify the amount due to such enterprises.

2. Provisions of the payment of The Gratuity Act, and the Employees Provident Funds Act, 1952 are not applicable to the Company.

3. The company has pledged 1,22,540 equity shares of Remi Metals Gujarat Ltd. to Financial Institution as security against loans granted to Remi Metals Gujarat Ltd.

4. Other additional information required to be given under paragraph 3 and 4 of part II of Schedule VI to the Companies Act, 1956, are not applicable.

5. Previous years figures are regrouped / rearranged wherever found necessary.