| Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory Significant Accounting Policies: (a)Recognition of Income & Expenditure (i)All revenues and expenditures are generally accounted on accrual basis as they are incurred. The accounts are brpared on historical cost basis, as a going concern and are consistent with generally accepted accounting principles. (b)In the opinion of Board of Directors and to the best of their knowledge and belief, the value on realization of current assets, loans and advances in the ordinary course of business, would not be less than the amount at which the same are stated in the Balance Sheet. (c)Preliminary expenses incurred by the Company shall be written off in 5 years from the date of commencement of operation by the Company. Disclosure of employee benefits explanatoryThere are no employees in the company |