| 1. The financial statement of the company are prepared under
historical cost convention in accordance with generally accepted
accounting principles and of the companies Act, 1956 using accrual
method of accounting on the basis of going concern.
2. Accounting policies not specifically referred to otherwise are in
consonance with GAAP
3. Depreciation is charged on fixed assets to extent of being used
during the year by the company.
4. No gratuity provision made so far.
5. Inventory is nil, hence question of valuation does not arise.
6. Preliminary exp are being written off regularly.
7. Auditors Remuneration 2013-14 2012-13
7500/- 7500/-
8. Details of Goods Traded : Electrical Items & allied products
9. Additional Information required under schedule vi of the companies
Act, 1956 (as certified as Director)
10. Additional information required under para 4(c), 4(d) to schedule
vi of the companies Act 1956 being not applicable, not given.
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