Mar 31, 2014
1 Internal Salaries and wages incurred during the year on repairs and
maintenance have been charged directly to Salaries and wages, the
separate amounts of which are not ascertainable.
2 Other liabilities includes amount due to Director is Rs. 2,30,200/-
(Previous Year Rs. 2,60,000/-).
3 In the opinion of the management the realizable value of assets other
than fixed assets and long term investments, in the ordinary course of
business would not be less than the amount at which they are stated.
4 The balances in respect of some of the Sundry Debtors/ Creditors and
other advances are subject to confirmation. The effect of the same in
the opinion of the management, however not material, will be adjusted
at the time of confirmation/reconciliation.
5 The Company has not received any intimation from suppliers regarding
their status under the Micro, Small and Medium Enterprises Development
Act, 2006 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 given.
6 Segment Reporting :
Company operates in a Single Primary Segment (Business Segment ) i.e.
Cotton Yarn. The Company does not have any Geographical segment.
7 Related Parties Transactions:
List of Related Parties and Relationship (As identified by the
Management)
(A) Key Management Personnel and There Relatives:
1. Sh Sushil Kr. Aggarwal Whole-time Director
2. Sh Arun Kumar Aggarwal Whole-time Director
3. Vivek Kumar Aggarwal Relative of Key Management Personnel
4. Smt. Natho Devi Relative of Key Management Personnel
8 Previous year figures have been regrouped/re-arranged to make them
comparable with the Current Year''s figures.
9 Note 1 to 24 are annexed to and from integral part of the Balance
Sheet and Statement of Profit and Loss.
Mar 31, 2013
1. Internal Salaries and wages incurred during the year on repairs and
maintenance have been charged directly to Salaries and wages, the
separate amounts of which are not ascertainable.
2. Other liabilities includes amount due to Director is Rs. 260000/-
(Previous Year Rs. 74400/-).
3. In the qxnicn of the management the realisable value of assets
other than fixed assets and long term investments, in the ordinary
course of business would not be less than the amount at which they are
stated
4. The balances in respect of some of the Sundry Debtors/ Qeditors and
other advances are subject to confirmation. The effect of the same in
the opinion of the managemert, however not material, will be adjusted
at the time of conLrrraticn/reoordiliation
5. The Company has not received any intimation from suppliers
regarding their status under the Micro, Small and Medium Enterprises
Development Act, 2006 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 given.
6 Previous year figure have been regrouped/re-arranged to make them
comparable with the Current Year''s figures.
Mar 31, 2012
1. Internal Salaries and wages incurred during the year on repairs and
maintenance have been charged directly to Salaries and wages, the
separate amounts of which are not ascertainable.
2. Other liabilities includes amount due to Director is Rs. 74400/-
(Previous Year Rs. 39200/-).
3. In the opinion of the management the realisable value of current
assets, loans and advances, in the ordinary course of business would
not be less than the amount at which th ey are stated .
4. The balances in respect of some ofthe Sundry Debtors/Creditors and
other advances are subject to confirmation. The effect of the same in
the opinion of the management, however not ma te rial, w ill be
adjusted at the time of confirmation/reconciliation.
5. The Company has not received any intimation from suppliers
regarding their status under the Micro, Small and Medium Enterprises
Development Act, 2006 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 given.
6 Segment Reporting :
Company operates in a S ingle Primary Segment (Business Segment) i.e.
Cotton Yarn. The Company does not have any Geographical segment.
The additional information pursuant to revised Schedule VI to the
Companies Act, 1956 are either Nil or Not
7 Applicable.
The Financial Statements for the year ended 31st March, 2011 were
prepared as per then applicable, pre- revised Schedule VI to the
Companies Act, 1956. Consequent to the notification of Revised Schedule
VI under
8 the Companies Act, 1956, the financial statements for the year ended
31st March 2012 are prepared in compliance with the Revised Schedule
VI. Accordingly, the previous year figures have also been
reclassified/regrouped to conform to current year's classification.
9 Signature to Notes 1 to 24
In terms of our report of even date annexed hereto
Mar 31, 2010
1. Internal Salaries and wages incurred during the year on repairs and
maintenance have been charged directly to Salaries and wages, the separate
amounts of which are not as certainable.
2. Other liabilities includes amount due to Directors is Rs.
1,33,800/- (Previous Year Rs. 1,75,100/-)
3. In the opinion of the management the realisable value of current
assets, loans and advances, in the ordinary course of business would
not be less than the amount at which they are stated.
4. The balances in respect of some of the Sundry Debtors/ Creditors
and other advances are subject to confirmation. The effect of the same
in the opinion of the management, however not material, will be
adjusted at the time of confirmation/reconciliation.
5. Based on the information available with the Company, Sundry
Creditors in Schedule I includes Rs Nil (Previous Year NIL ) due to
Small Scale Industrial Undertakings. There is no Small Scale
Industrial Undertakings to whom an amount was payable and outstanding
for more than 30 days.
6. The company has not received any intimation from suppliers
regarding their status under the Micro, Small and Medium Enterprises
Development Act, 2006 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 given.
7 Segment Reporting:
Company operates in a Single Primary Segment (Business Segment) i.e.
Cotton Yam. The Company does not have any Geographical segment.
8 Related Parties Transactions:
List of Reiated Parties & Relationship (As identified by the
Management) (A) Key Management Personnel & There Relatives:
1. Sh Sushil Kr. Aggarwal Whole-time Director
2. Sh Arun Kumar Aggarwal Executive Director
3. Vivek Kumar Aggarwal Relative Of Key Management Personnel
4. Smt. NathO Devi Relative Of Key Management Personnel
9 Previous year figures have been regrouped and rearranged wherever
considered necessary to make them comparable with the Current years
Figures.
10 Schedule A to Q are annexed to and form an integral part of
Balance Sheet and Profit and Loss Account.
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