Mar 31, 2014
1. The Company has only one class of shares referred to as equity
shares having a par value of Rs.10/- each. Each holder of the equity
shares is entitled to one vote per share.
2. The details of shareholders holding more than 5%of the equity
shares of the Company as at Period /Year end is as below.
3. Some of the balances of sundry debtors, sundry creditors, deposits,
loans and advances and unsecured loan are subject to confirmation and
adjustments necessary upon reconciliation, if any consequential impact
thereof on the financial statement is not ascertainable.
4. In view of time limitations on carry forward of losses and as a
matter of prudence Deferred Tax Assets arising on account of brought
forward losses and unabsorbed Depreciation under tax laws has not been
recognised.
5. In the opinion of the Board, the Current Assets, Loans, and
advances are approximately of the value stated in the Balance Sheets if
realised in ordinary courses of the business and the provision of all
known liabilities is made and is adequate and is not in excess of the
amount reasonable considered necessary.
6. Other additional information pursuant of the provisions of
paragraph 3, 4C and 4D of part II of schedule VI of Companies Act,1956,
are not applicable to the company.
7. Previous years figures are regrouped, reclassified and recasted
whenever necessary.
Mar 31, 2013
1. Other Accounting Policies are consistent with generally accepted
account practices.
2. Some of the balances of sundry debtors, sundry creditors, deposits,
loans and advances and unsecured loan are subject to confirmation and
adjustments necessary upon reconciliation, if any consequential impact
thereof on the financial statement is not ascertainable.
3. In view of time limitations on carry forward of losses and as a
matter of prudence Deferred Tax Assets arising on account of brought
forward losses and unabsorbed Depreciation under tax laws has not been
recognised.
4. In the opinion of the Board, the Current Assets, Loans, and
advances are approximately of the value stated in the Balance Sheets if
realised in ordinary courses of the business and the provision of all
known liabilities is made and is adequate and is not in excess of the
amount reasonable considered necessary.
5. Other additional information pursuant of the provisions of
paragraph 3, 4C and 4D of part II of schedule VI of Companies Act,1956,
are not applicable to the company.
6. Previous years figures are regrouped, reclassified and recasted
whenever necessary.
Mar 31, 2012
1. Some of the balances of sundry debtors, sundry creditors, deposits,
loans and advances and unsecured loan are subject to confirmation and
adjustments necessary upon reconciliation, if any consequential impact
thereof on the financial statement is not ascertainable.
2. In view of time limitations on carry forward of losses and as a
matter of prudence Deferred Tax Assets arising on account of brought
forward losses and unabsorbed Depreciation under tax laws has not been
recognised.
3. In the opinion of the Board, the Current Assets, Loans, and
advances are approximately of the value stated in the Balance Sheets if
realised in ordinary courses of the business and the provision of all
known liabilities is made and is adequate and is not in excess of the
amount reasonable considered necessary.
4. Other additional information pursuant of the provisions of
paragraph 3, 4C and 4D of part II of schedule VI of Companies Act,
1956, are not applicable to the company.
5. Previous years figures are regrouped, reclassified and recasted
whenever necessary.
Mar 31, 2011
1. Some of the balances of sundry debtors, sundry creditors, deposits,
loans and advances and unsecured loan are subject to confirmation and
adjustments necessary upon reconciliation, if any consequential impact
thereof on the financial statement is not ascertainable.
2. Related Party Disclosure Disclosure requirement as per Accounting
Standard 18(AS-18) "Related Party Disclosures" issued by the Institute
of Chartered Accountants of India.
List of Related Parties:
Key Management Personnel
1 Mr. Rajendra Somani
2 Mr. Adarsh Somani
3 Mr. B.K. Toshniwal
Note: Related Party Relationships have been identified by the
Management and relied upon by the Auditors.
The Company does not have any outstanding dilutive potential equity
shares. Consequently, the basic and diluted earning per share of the
company remain the same.
3. In view of time limitations on carry forward of losses and as a
matter of prudence Deferred Tax Assets arising on account of brought
forward losses and unabsorbed Depreciation under tax laws has not been
recognised.
4. In the opinion of the Board, the Current Assets, Loans, and
advances are approximately of the value stated in the Balance Sheets if
realised in ordinary courses of the business and the provision of all
known liabilities is made and is adequate and is not in excess of the
amount reasonable considered necessary.
5. Other additional information pursuant of the provisions of
paragraph 3, 4C and 4D of part II of schedule VI of Companies Act,1956,
are not applicable to the company.
6. Previous years figures are regrouped, reclassified and recasted
whenever necessary.
Mar 31, 2010
1. Some of the balances of sundry debtors, sundry creditors, deposits,
loans and advances and unsecured loan are subject to confirmation and
adjustments necessary upon reconciliation, if any consequential impact
thereof on the financial statement is not ascertainable.
2. Related Party Disclosure
Disclosure requirement as per Accounting Standard 18(AS-18) "Related
Party Discloures" issued by the institute of Chartered Accountants of
India .
List of Related Parties:
Key Management Personnel
1 Mr. Rajendra Somani
2 Mr. Adarsh Somani
2 Mr. B.K. Toshniwal
Note: Related Party Relationships have been identified by the
Management and relied upon by the Auditors
3. In view of time limitations on carry forward of losses and as a
matter of prudence Deferred Tax Assets arising on account of brought
forward losses and unabsorbed Depreciation under tax laws has not been
recognised.
4. In the opinion of the Board, the Current Assets, Loans, and
advances are approximately of the value stated in the Balance Sheets if
realised in ordinary courses of the business and the provision of all
known liabilities is made and is adequate and is not in excess of the
amount reasonable considered necessary.
5. Other additional information pursuant of the provisions of
paragraph 3, 4C and 4D of part II of schedule VI of Companies Act,
1956, are not applicable to the company.
6. Previous years figures are regrouped, reclassified and recasted
whenever necessary.