We have audited the financial statements of M/s
Unified Data-Tech Solutions Limited. ("The Company"),
which comprise the balance sheet as at 31st March
2025, and the statement of profit and loss, Cash Flow
Statement and notes to the financial statements,
including a summary of significant accounting policies
and other explanatory information.
In our opinion and to the best of our information
and according to the explanations given to us, the
aforesaid financial statements give the information
required by the Companies Act, 2013 in the manner
so required and give a true and fair view in conformity
with the accounting principles generally accepted
in India, of the state of affairs of the Company as at
March 31, 2025, its profit and its cash flows for the
period ended on that date.
Basis for Opinion
We conducted our audit in accordance with the
Standards on Auditing (SAs) specified under
section 143(10) of the Companies Act, 2013. Our
responsibilities under those Standards are further
described in the Auditor's Responsibilities for the
Audit of the Financial Statements section of our
report. We are independent of the Company in
accordance with the Code of Ethics issued by the
Institute of Chartered Accountants of India together
with the ethical requirements that are relevant to our
audit of the financial statements under the provisions
of the Companies Act, 2013 and the Rules thereunder,
and we have fulfilled our other ethical responsibilities
in accordance with these requirements and the Code
of Ethics. We believe that the audit evidence we have
obtained is sufficient and appropriate to provide a
basis for our opinion.
Responsibilities of Management and Those Charged
with Governance for the Financial Statements
The Company's Board of Directors is responsible for
the matters stated in Section 134(5) of the Companies
Act, 2013 with respect to the preparation of these
financial statements that give a true and fair view
of the financial position, financial performance and
cash flow statement of the Company in accordance
with the accounting principles generally accepted in
India, including the Accounting Standards specified
under Section 133 of the Act, read with Rule 7 of
the Companies (Accounts) Rules, 2014 and other
accounting principal generally accepted in India.
This responsibility also includes maintenance of
adequate accounting records in accordance with the
provisions of the Act for safeguarding of the assets of
the Company and for preventing and detecting frauds
and other irregularities; selection and application of
appropriate accounting policies; making judgments
and estimates that are reasonable and prudent;
and design, implementation and maintenance of
adequate internal financial controls, that were
operating effectively for ensuring the accuracy and
completeness of the accounting records, relevant
to the preparation and presentation of the financial
statements that give a true and fair view and are free
from material misstatement, whether due to fraud or
error.
In preparing the financial statements, management
and Board of Directors are responsible for assessing
the Company's ability to continue as a going
concern, disclosing, as applicable, matters related
to going concern and using the going concern basis
of accounting unless management either intends to
liquidate the Company or to cease operations, or has
no realistic alternative but to do so.
Those Board of Directors are also responsible for
overseeing the Company's financial reporting process.
Auditor's Responsibilities for the Audit of the
Financial Statements
Our objectives are to obtain reasonable assurance
about whether the financial statements as a whole
are free from material misstatement, whether due to
fraud or error, and to issue an auditor's report that
includes our opinion. Reasonable assurance is a high
level of assurance, but is not a guarantee that an audit
conducted in accordance with SAs will always detect a
material misstatement when it exists. Misstatements
can arise from fraud or error and are considered
material if, individually or in the aggregate, they could
reasonably be expected to influence the economic
decisions of users taken on the basis of these financial
statements.
As part of an audit in accordance with SAs, we exercise
professional judgment and maintain professional
skepticism throughout the audit. We also:
• Identify and assess the risks of material
misstatement of the financial statements, whether
due to fraud or error, design and perform audit
procedures responsive to those risks, and obtain
audit evidence that is sufficient and appropriate
to provide a basis for our opinion. The risk of not
detecting a material misstatement resulting from
fraud is higher than for one resulting from error,
as fraud may involve collusion, forgery, intentional
omissions, misrepresentations, or the override of
internal control.
• Obtain an understanding of internal control relevant
to the audit in order to design audit procedures
that are appropriate in the circumstances. Under
section 143(3)(i) of the Companies Act, 2013, we
are also responsible for expressing our opinion
on whether the company has adequate internal
financial controls system in place and the operating
effectiveness of such controls.
• Evaluate the appropriateness of accounting
policies used and the reasonableness of accounting
estimates and related disclosures made by
management.
• Conclude on the appropriateness of management's
use of the going concern basis of accounting and,
based on the audit evidence obtained, whether a
material uncertainty exists related to events or
conditions that may cast significant doubt on the
Company's ability to continue as a going concern.
If we conclude that a material uncertainty exists,
we are required to draw attention in our auditor's
report to the related disclosures in the financial
statements or, if such disclosures are inadequate,
to modify our opinion. Our conclusions are based
on the audit evidence obtained up to the date of
our auditor's report. However, future events or
conditions may cause the Company to cease to
continue as a going concern.
• Evaluate the overall presentation, structure and
content of the financial statements, including the
disclosures, and whether the financial statements
represent the underlying transactions and events in
a manner that achieves fair presentation.
• Obtain sufficient appropriate audit evidence
regarding the Statement to express an opinion on
the Statement.
Materiality is the magnitude of misstatements in
the Statement that, individually or in aggregate,
makes it probable that the economic decisions of
a reasonably knowledgeable user of the statement
may be influenced. We consider quantitative factors
in:-
(i) Planning the scope of our audit work and in
evaluating the results of our work; and
(ii) To evaluate the effect of any identified misstatements
in the Statement.
We communicate with those charged with governance
regarding, among other matters, the planned scope
and timing of the audit and significant audit findings,
including any significant deficiencies in internal control
that we identify during our audit.
We also provide those charged with governance with
a statement that we have complied with relevant
ethical requirements regarding independence, and to
communicate with them all relationships and other
matters that may reasonably be thought to bear on
our independence, and where applicable, related
safeguards.
From the matters communicated with those charged
with governance, we determine those matters that
were of most significance in the audit of the financial
statements of the current period and are therefore
the key audit matters. We describe these matters
in our auditor's report unless law or regulation
precludes public disclosure about the matter or when,
in extremely rare circumstances, we determine that
a matter should not be communicated in our report
because the adverse consequences of doing so would
reasonably be expected to outweigh the public interest
benefits of such communication.
Report on Other Legal and Regulatory Requirements
1. As required by section 143(3) of the Act, we report
that:
a. We have sought and obtained all the information
and explanations which to the best of our
knowledge and belief were necessary for the
purpose of our audit;
b. In our opinion proper books of account as
required by law have been kept by the Company
so far as it appears from our examination of
those books.
c. The Balance Sheet, the Statement of Profit and
Loss and the Cash Flow Statement dealt with by
this Report are in agreement with the books of
account maintained.
d. In our opinion, the aforesaid financial statements
comply with Accounting Standards specified
under section 133 of the Act, read with Rule 7 of
the Companies (Accounts) Rules, 2014.
e. On the basis of written representations received
from the directors as on March 31, 2025 taken
on record by the Board of Directors, none of the
directors is disqualified as on March 31, 2025
from being appointed as a director in terms of
Section 164(2) of the Act.
f. With respect to the adequacy of the internal
financial controls over financial reporting of
the Company and the operating effectiveness
of such controls, refer to our separate report
in "Annexure A". Our Report expresses an
unmodified opinion on the adequacy and
operating effectiveness of the Company's
internal financial controls over financial
reporting.
g. Based on our examination, which included
test checks, the Company has used accounting
software throughout the period for maintaining
its books of account, which has a feature of
recording audit trail (edit log) facility and
the same was regularly implemented by the
Company for all relevant transactions recorded
in the software. Further, the accounting software
maintains proper books of accounts and states
true and fair affairs of the company as required
by Sec 128(1) of The Companies Act,2013.
h. With respect to the other matters to be
included in the Auditor's Report in accordance
with the requirements of section 197(16) of
the Act, as amended, in our opinion and to
the best of our information and according to
the explanations given to us, the remuneration
paid by the company to its directors during the
period is in accordance with the provisions of
section 197 of the Act.
With respect to the other matters to be included in
the Auditor's Report in accordance with Rule 11 of
the Companies (Audit and Auditors) Rules, 2014, in
our opinion and to the best of our information and
according to the explanations given to us:
i) The company does not have any pending
litigations that will impact its financial position in
the Financial Statements.
ii) The Company does not have any long-term
contracts requiring a provision for material
foreseeable losses.
iii) There were no amounts which were required to
be transferred to the Investor Education and
Protection Fund by the Company.
iv) The Company has not declared or paid any
dividend during the period under audit.
2. As required by the Companies (Auditor's Report)
Order, 2016 issued by the Central Government
of India in terms of sub-section (11) of section
143 of The Companies Act 2013, We give in the
"Annexure B" a statement on the matters specified
in paragraphs 3 and 4 of the said order.
For J.S. Bhatia & Co.
Chartered Accountants
Firm Registration No. 118806W
J. S. Bhatia
Membership No. 034290
UDIN : 25034290BMJJSA5626
Place : Mumbai
Dated : 13-06-2025
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