SIGNIFICANT ACCOUNTING POLICIES AND ADDITIONAL INFORMATION ON THE BALANCE SHEET AND STATEMENT OF PROFIT & LOSS FOR THE PERIOD ENDED 31ST MARCH, 2015.

SIGNIFICANT ACCOUNTING POLICIES METHOD OF ACCOUNTING:

The company follows the mercantile system of accounting & recognizes income & expenditure on accrual basis. Financial statements are brpared on the historical cost convention and on the principles of going concern, and in accordance with the brvalent accounting standards as applicable except as stated otherwise.

Accounting policies not specifically referred to otherwise, are consistent & in accordance with the generally accepted accounting principlesfollowed by the company.

.2 FIXED ASSETS:

Fixed assets are stated at cost of acquisition inclusive of freight, duties & taxes and incidental expenses less accumulated debrciation.

1.3 INVESTMENTS:

Investments are valued at cost of acquisition, which includes the brokerage and stamp duty. Dividend credited/debited for the ex-dividend/cum-dividend transactions are considered with the cost of acquisition of the investments.

1.4 INVENTORIES:

Closing stock has been valued at cost (FIFO Method) or market value whichever is less.

1.5 DEbrCIATION:

Debrciation is charged on a pro-rata basis on the Straight Line Method as per the rates and in the manner brscribed under the Schedule II to the Companies Act, 2013.

1.6 CONTINGENT LIABILITY

Contingent liabilities are determined on the basis of available information and are disclosed by way of Notes to the Accounts.

1.7 EMPLOYEE BENEFITS:

Since there is no employee in the Company who has completed 5 years of service till the end of this financial year so no provision for gratuity has been made in these financial statements.

2.0 ADDITIONAL INFORMATION :

2.1 In the opinion of the Board, all the current assets, loans and advances are approximately of the value stated in the Balance Sheet, if realized in the ordinary course of the business.

2.2 The Company is in process of obtaining confirmation of Balance in respect of Trade Recievables, Trade Payables, Loans and Advances etc. Necessary adjustment, if any, will be made on receipts and reconciliation of such balance. In view of above, such balances are stated as per Books of Accounts only.

2.11 According to the information available with the company, there is no amount due to Micro, Small & Medium Enterprises as at 31st March, 2015.

2.12 Previous year figures have been reclassified & regrouped wherever necessary.

2.13 Note 1 to 18 forms an integral part of the accounts for the year ended March 31, 2015.

As per our attached report of even date

For J.KUMAR & ASSOCIATES

FRNo.: 016917N

Chartered Accountants

Sd/- (JITENDRA KUMAR)

Proprietor

Membership No. 073856

For & On behalf of Board of Directors

Sd/- Ankit Rathi

(Managing Director)

DIN-01379134

Sd/- V.P.Shukla

(Director)

DIN-01379220

Sd/- Swati Kapoor

(Company Secretary) M NO. - 31027

Sd/- Suresh Pratap Singh

(Chief Financial Officer)

Place: New Delhi

Date: 28.05.2015