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Shree Rang Mark Travels Ltd. Notes to Accounts
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You can view the entire text of Notes to accounts of the company for the latest year
Market Cap. (Rs.) - P/BV - Book Value (Rs.) -
52 Week High/Low (Rs.) - FV/ML - P/E(X) -
Bookclosure - EPS (Rs.) - Div Yield (%) -
Year End :2014-03 

Current Year    Previous Year 
                                            (Rs.)           (Rs.) 

1.  Contingent Liabilities provide           NIL         13,10,000/-
2. In the opinion of the directors,

a) The current assets, loans and advance are approximately of the value stated, if realized in the ordinary course of the business.

b) The provisions of all the known liabilities are adequate and not in excess of the amount reasonably necessary.

3. Depreciation

Fixed assets are valued at cost less depreciation. Depreciation has been provided on the WDV method on the prorate basis as per the rates prescribed in Schedule XIV of the Companies Act, 1956.

4. Deferred Revenue Expenditure amounting to Rs. 12, 95,OOO/- have been incurred during the year under review. The Management has taken an unanimous decision not to apportion such Deferred Revenue Expenditure over the next four years. This will apply to the value of Deferred Revenue Expenditure Balance Sheet as on 31/O3/2O14. The entire Deferred Revenue Expenditure has been reflected under "Other Non- Current Assets" since there is no program to apportion the same in the next financial year.

5. Previous year's figures have been regrouped and rearranged wherever necessary to make them comparable with the current year's figures.

6. The change of registered office has taken place during the year under audit, post consent of the RD Gujrat.


 
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