|
PARTICULARS
|
SCH
|
AS AT 31ST MARCH,2010
|
AS AT 31 ST MARCH,2009
|
| I. SOURCES OF
FUNDS: |
|
|
|
|
|
| SHARE HOLDERS'
FUNDS |
|
|
|
|
|
| CAPITAL |
1
|
1,000,000
|
|
1,000,000
|
|
| |
|
|
1,000,000
|
|
1,000,000
|
| |
|
|
|
|
|
|
TOTAL
|
|
|
1,000,000
|
|
1,000,000
|
| |
|
|
|
|
|
| II.APPLICATION
OF FUNDS. |
|
|
|
|
|
| |
|
|
|
|
|
| CURRENT ASSETS
,LOANS AND |
|
|
|
|
|
| ADVANCES : |
|
|
|
|
|
| LOANS & ADVANCES
|
2A
|
13,053
|
|
|
|
| CASH & BANK BALANCES
|
2
|
999,724
|
|
1,000,000
|
|
| |
|
1,012,777
|
|
1,000,000
|
|
| LESS: CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
| |
|
|
|
|
|
| a) LIABILITIES
|
3
|
27,250
|
|
14,014
|
|
| b) PROVISIONS
|
|
-
|
|
0
|
|
| |
|
27,250
|
|
14,014
|
|
| |
|
|
|
|
|
| NET CURRENT ASSETS
|
|
|
985,527
|
|
985,986
|
| |
|
|
|
|
|
| PROFIT & LOSS
A/C DEBIT BALANCE |
|
|
14,473
|
|
14,014
|
| |
|
|
|
|
|
| SIGNIFICANT ACCOUNTING
POLICIES & NOTES TO ACCOUNTS |
6
|
|
|
|
|
|
TOTAL
|
|
|
1,000,000
|
|
1,000,000
|
| |
|
|
|
|
|
| SCHEDULES REFERRED
TO ABOVE FORM AN INTEGRAL PART OF THE BALANCE SHEET |
| |
| As per our attached
Report of even date |
On behalf of the Board of Directors
|
| |
For G.BASU &
CO.
Chartered Accountants |
|
| |
Udayan Ray
(Director)
|
Manoj Kumar
Das
Partner (M No. 013783)
Basu House
3 Chowringhee Approach
Kolkata -700 072
Kolkata, the 23rd day of April ,2010 |
|
| |
Sanjay Bhattacharya
(Director)
|
| |
|
|
|
|
|
|
|
|
|
|
|
PROFIT AND LOSS
ACCOUNT FOR THE YEAR ENDED 31.03.2010
|
|
PARTICULARS
|
SCH
NO
|
PERIOD ENDED 31ST MARCH 2010
|
PERIOD ENDED 31STMARCH 2009
|
| REVENUE : |
|
|
|
| SALES |
|
0
|
0
|
| LESS : EXCISE DUTY
|
|
0
|
0
|
| NET SALES |
|
0
|
0
|
| OTHER INCOME |
5
|
13,053
|
0
|
|
TOTAL
|
|
13,053
|
0
|
| EXPENDITURE : |
|
|
|
| COST OF MATERIALS
|
|
|
|
| MANUFACTURING EXPENSES
|
|
|
|
| PROJECT ENGINEERING
EXPENSES |
|
|
|
| EXPENSES ON EMPLOYEES
|
|
|
|
| SELLING & ADMINISTRATION
EXPENSES |
4
|
13,512
|
8,014
|
| MISCELLANEOUS EXPENSES
WRITTEN OFF |
|
|
|
|
TOTAL
|
|
13,512
|
8,014
|
| GROSS PROFIT |
|
(459)
|
(8,014)
|
| LESS: INTEREST
|
|
0
|
0
|
| CASH PROFIT |
|
(459)
|
(8,014)
|
| LESS: DEPRECIATION
|
|
0
|
0
|
| PROFIT BEFORE TAXATION
|
|
(459)
|
(8,014)
|
| LESS: PROVISION
FOR TAXATION |
|
0
|
0
|
| PROFIT AFTER TAXATION
|
|
(459)
|
(8,014)
|
| FRINGE BENEFIT
TAX |
|
0
|
0
|
| PROFIT/(LOSS) AFTER
FRINGE BENEFIT TAX |
|
(459)
|
(8,014)
|
| ADD: PROFIT/(LOSS)
BROUGHT FORWARD |
|
(14,014)
|
(6,000)
|
| BALANCE CARRIED
FORWARD TO BALANCE SHEET |
|
(14,473)
|
(14,014)
|
| EARNING PER SHARE
(BASIC) |
|
(0.00)
|
(0.08)
|
| EARNING PER SHARE
(DILUTED) |
|
(0.00)
|
(0.08)
|
| SIGNIFICANT ACCOUNTING
POLICIES & NOTES TO ACCOUNT |
6
|
|
5
|
| |
| SCHEDULES REFERRED
TO ABOVE FORM AN INTEGRAL PART OF THE PROFIT & LOSS ACCOUNT
|
| |
| As per our attached
Report of even date |
On behalf of the Board of Directors
|
| |
For G.BASU &
CO.
Chartered Accountants |
|
| |
Udayan Ray
(Director)
|
Manoj Kumar
Das
Partner (M No. 013783)
Basu House
3 Chowringhee Approach
Kolkata -700 072
Kolkata, the 23rd day of April ,2010 |
|
| |
Sanjay Bhattacharya
(Director)
|
| |
|
CASH FLOW STATEMENT FOR THE YEAR
ENDED 31ST MARCH'2010
|
| |
PARTICULARS
|
From 01.04.2009 to
31.03.2010
|
From 01.04.2008 to
31.03.2009
|
| |
|
| A. |
CASH FLOW FROM OPERATING ACTIVITIES
|
| |
Net Profit before Tax & Extra - ordinary
items |
(459)
|
(8,014) |
| |
Adjusted for - |
|
|
| |
Depreciation charged to Profit & Loss Account
|
|
|
| |
Profit on sale of Fixed Assets (Net) |
|
|
| |
Profit on sale of Investment (Net) |
|
|
| |
Interest On Investment |
|
|
| |
Dividend on Investment |
|
|
| |
Miscellaneous Expenditure Written off |
|
|
| |
Gain on Foreign Exchange Fluctuation |
|
|
| |
Interest Expenses |
|
|
| |
SUB TOTAL |
0
|
0
|
| |
Operating Profit before Working Capital
Changes |
(459)
|
(8,014)
|
| |
|
|
|
| |
Changes in Working Capital |
|
|
| |
(Increase)/Decrease in Trade and Other
Receivables |
(13,053)
|
|
| |
(Increase)/Decrease in Inventories |
|
|
| |
Increase/(Decrease) in Trade Payable |
13,236
|
8,014
|
| |
Net Changes in Working Capital |
183
|
8,014
|
| |
Cash Generated from Operations |
(276)
|
0
|
| |
Direct Tax (Net) |
|
|
| |
Cash Flow Before Extra - Ordinary Items
|
(276)
|
0
|
| |
Extra Ordinary Item : |
|
|
| |
Excess Depreciation Written Back |
|
|
| |
CASH FLOW FROM OPERATING ACTIVITIES |
(276)
|
0
|
| |
|
|
|
| B. |
CASH FLOW FROM INVESTING ACTIVITIES |
|
|
| |
Capital Investment Subsidy |
|
|
| |
Purchase of Fixed Assets |
|
|
| |
Sale of Fixed Assets |
|
|
| |
Gain on Foreign Exchange Fluctuation |
|
|
| |
Sale of Investment (Net) |
|
|
| |
Interest Received |
|
|
| |
Dividend Received |
|
|
| |
NET CASH FROM INVESTING ACTIVITIES |
0
|
0
|
| |
|
|
|
| C. |
CASH FLOW FROM FINANCING ACTIVITIES |
|
|
| |
Issue of Equity Shares |
|
|
| |
Issue of Preference Shares |
|
|
| |
Increase in Borrowings (Net) |
|
|
| |
Dividend Paid |
|
|
| |
Interest Paid |
|
|
| |
Preliminary & Share Issue Expenses / VRS
Payment |
|
|
| |
NET CASH FROM FINANCING ACTIVITIES |
0
|
0
|
| |
NET CHANGES IN CASH / CASH EQUIVALENTS (A+B+C)
|
(276)
|
0
|
| |
CASH & CASH EQUIVALENTS - OPENING BALANCE
|
1,000,000
|
1,000,000
|
| |
CASH & CASH EQUIVALENTS - CLOSING BALANCE
|
999,724
|
1,000,000
|
| |
|
|
|
| |
NOTE : |
|
|
| 1). |
Above statement has been prepared in indirect
method |
| 2). |
Cash and Cash Equivalents consist of Cash
in hand and balances with Banks |
| |
|
|
|
| |
SCHEDULES REFERRED TO ABOVE FORM AN INTEGRAL
PART OF THE BALANCE SHEET |
| |
|
|
| |
For G.BASU & CO.
Chartered Accountants |
On behalf of the Board of Directors
|
| |
|
|
| |
|
Udayan Ray
(Director)
|
| |
Manoj Kumar Das
Parter (M No. 013783)
Basu House
3 Chowringhee Approach
Kolkata -700 072
Kolkata, the 23rd day of April ,2010 |
|
| |
|
Sanjay Bhattacharya
(Director) |
| |
| |
|
SCHEDULES TO THE BALANCE SHEET
|
| |
|
PARTICULARS
|
AS AT
31.03.2010
|
AS AT
31.3.2009
|
| 1. SHARE CAPITAL
|
|
|
| I. Authorised
: |
|
|
| 1,00,000 Equity
Shares of Rs.10/- each |
1,000,000
|
1,000,000
|
|
TOTAL
|
1,000,000
|
1,000,000
|
| |
|
|
| II. Issued and
Subscribed : |
|
|
| 1,00,000 Equity
Shares of Rs.10/- each |
1,000,000
|
1,000,000
|
|
TOTAL
|
1,000,000
|
1,000,000
|
| 1. Entire Shares
issued and subscribed held by Nicco Engineering Services
Limited, the holding company and it's nominees. |
| |
| 2. CASH & BANK
BALANCES: |
| WITH SCHEDULED
BANKS IN: |
|
|
| - CURRENT ACCOUNT
WITH CANARA BANK |
9,724
|
1,000,000
|
| - FIXED DEPOSIT
ACCOUNT |
990,000
|
|
|
TOTAL
|
999,724
|
1,000,000
|
| |
| 2A. CURRENT
ASSETS, LOANS & ADVANCES: |
| Interest accrued
on F/D but not due |
13,053
|
0
|
|
TOTAL
|
13,053
|
0
|
| |
| 3. CURRENT
LIABILITIES & PROVISIONS: |
| OTHER LIABILITIES
- AUDIT FEES AND CERTIFICATION FEES |
27,250
|
14,014
|
|
TOTAL
|
27,250
|
14,014
|
| |
| 4. SELLING
& ADMINISTRATION EXPENSES |
| AUDIT FEES |
6,618
|
7,452
|
| PAYMENT TO AUDITORS
IN OTHER CAPACITY (CERTIFICATION FEES) |
6,618
|
562
|
| Bank Charges |
276
|
|
|
TOTAL
|
13,512
|
8,014
|
| |
| 5. OTHER INCOME
|
| Interest Accrued
on F/D |
13,053
|
0
|
|
TOTAL
|
13,053
|
0
|
| |
