Note 1. Disclosures under accounting standards:
I. Segment Reporting (AS-17):
The Company operates in the business of Trading, real estate
development & Manpower Recruitment services. Considering the core
activities of the Company, management is of the view that recruitment
service & trading is a single reportable business segment, further It
operates only in Domestic Market, hence there is no business /
geographical segments to be reported as required under Accounting
Standard (AS-17] "Segment Reporting" issued by the Institute of
Chartered Accountants of India .
II. Related Party Disclosure (AS-18):
(i) Related Party Disclosure under AS-18 issued by the Institute of
Chartered Accounts of India, the related parties of the company are as
follows: a. Promoter Group :
- Radford Investment Services Pvt Ltd
b. Directors & Key management personnel:
- Prakash Bhawarlal Biyani- Whole-time Director
- Vaibhav Laddha - Executive Director
- Nitin Shivratan Murarka - Director
- Ajaykumar Ramdular Dhuria - Director
- Dimple Vivek Nayak - Women Director
(ii) Summary of significant related party transactions
Note 26: The Company has not received any intimation from suppliers
regarding their status under the Micro, Small and Medium Enterprises
Development Act, 2006 and hence disclosures if any, relating to amounts
unpaid as at the year end together with the interest paid/payable as
required under the said Act have not been given. No provision for
Contingent Liabilities, if any has been made in these accounts.
Note 2: The Company had given loans & advances from the surplus fund
left over after using of working capital.
Note 3: The balances of Current assets, Current liabilities including
Sundry Debtors, Sundry Creditors, Loans & advances, Secured & Unsecured
Loan balances are subject to confirmation. "
Note 4: Figures have been rounded off to the nearest rupee.
Note 5: Comparative Figures:
Previous year's figures have been regrouped and rearranged wherever
necessary to make them comparable with the figures for the current
year.
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