Dharni Capital Services Ltd. कंपली की लेखा नीति

Mar 31, 2025

1B Significant accounting policies:

a) Basis of Preparation and Presentation of Financial Statements

The financial statements of the company have been prepared in accordance with the Indian
Accounting Standards(''''Ind AS") as notified by the Ministry of corporate Affairs pursuant to
section 133 of the companies Act, 2013 (“Act") , the companies (Indian Accounting Standards)
Rules, 2015, as amended, and other applicable provisions of the Act.

The Balance Sheet, Statement of Profit and Loss and Statement of Changes in Equity have
been prepared and presented in the format prescribed in the Division II of the Schedule III to
the Companies Act, 2013. Statement of cash flows has been prepared and presented as per
the requirements of Ind AS 7 Statement of Cash Flows. The disclosure requirements with
respect to the items in the Balance Sheet and Statement of Profit and Loss Account tare
presented by way of notes forming part of financial statements.

The Company has considered a period of twelve months as the operating cycle for classification
of assets and liabilities as current and non-current.

Basis of Measurement

These financial statements have been prepared based on accrual and going concern principles
following the historical cost conventions except for those financial assets and liabilities that
are measured at fair value.

b) Key Estimates & Assumptions

In preparing these Ind AS compliant financial statements, the Management has made
judgements, estimates and assumptions that affect the application of accounting policies
and the reported amounts of assets, liabilities (including contingent liabilities), income
and expenses. The Management believes that the estimates used in the preparation of the
financial statements are prudent and reasonable and a continuous evaluation is done on the
estimation and judements based on historical experience and other factors.

c) Foreign Currency Translations and Transactions

Foreign currency transactions are translated into the functional currency using the exchange
rates on the dates of the transactions. Foreign exchange gain and loss arising from the
settlement of these transactions, and from the translation of monetary assets and liabilities
at the reporting date exchange rates are recognised in the statement of Profit and Loss. Non
- monetary items that are measured based on historical cost in a foreign currency are
translated at the exchange rate on the date of the transaction. The company has not entered
into any foreign exchange forward contracts during the year.

d) Inventories

Value of inventories are measured at lower of cost or net realisable value. The cost of
inventories is assigned by using First in first out method.

e) Revenue recognition

i) Revenue is measured at the fair value of the consideration received or receivable. Amounts
disclosed as revenue are exclusive of Goods and Services Tax and net of returns and trade
allowances, if any.

ii) Revenue is recognized based on the nature of the activity to the extent it is probable that
the economic benefit will flow to the company and the revenue can be reliably measured
with the reasonable certainty of its recovery. Export incentives, if any, from Government is
accounted for on receipt basis.

g) Property, Plant and Equipment(PPE)

Recognition and Measurement

PPE is recognised when it is probable that future economic benefits associated with the item
will flow to the Company and the cost of the item can be measured reliably. PPE other than
freehold land is stated at original cost including import duties, non-refundable purchase
taxes and any directly attributable costs of bringing the asset to its working condition for
its intended use, net of tax/duty credits availed, if any, after deducting rebates and trade
discounts, less accumulated depreciation and accumulated impairement losses, if any. If
significant parts of an item of PPE have different useful lives, then they are accounted for as
separate items(major components) of PPE.

Depreciation & Amortisation

Depreciation on PPE for the year has been provided on all assets on Written down Value
Method, pro rata to the period of use, as per the useful lives prescribed in schedule II to the
Companies Act, 2013.

h) Share Capital

Ordinary shares are classified as equity. Costs directly attributable to issuance of new ordinary
shares are charged to profit and loss account on the basis of predetermined period in equal
proportions.

i) Taxes on Income

Income tax expense/income comprises of current income tax expense/income and deferred
tax expense/income. It is recognised in the statement of Profit and Loss except to the extent
it relates to the items directly recognised in Other Comprehensive Income or in Equity.

Current tax is the expected income tax payable/recoverable in respect of the taxable profit/(tax
loss) for the year and any adjustment to the tax payable or receivable in respect of previous
years. It is measured using the tax rates and tax laws that have been enacted or substantively
enacted by the end of the reporting period.

Deferred tax is recognised in respect of temporary differences between the carrying values of
assets and liabilities for financial reporting purposes and the amount used for tax purposes.

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Mar 31, 2024

Significant accounting policies:

a) Basis of Preparation and Presentation of Financial Statements

The financial statements of the company have been prepared in accordance with the Indian Accounting Standards(''''Ind AS") as notified by the Ministry of corporate Affairs pursuant to section 133 of the companies Act, 2013 ("Act") , the companies (Indian Accounting Standards) Rules, 2015, as amended, and other applicable provisions of the Act.

The Balance Sheet, Statement of Profit and Loss and Statement of Changes in Equity have been prepared and presented in the format prescribed in the Division II of the Schedule III to the Companies Act, 2013. Statement of cash flows has been prepared and presented as per the requirements of Ind AS 7 Statement of Cash Flows. The disclosure requirements with respect to the items in the Balance Sheet and Statement of Profit and Loss Account are presented by way of notes forming part of financial statements.

The Company has considered a period of twelve months as the operating cycle for classification of assets and liabilities as current and non-current

Basis of Measurement

These financial statements have been prepared based on accrual and going concern principles following the historical cost conventions except for those financial assets and liabilities that are measured at fair value.

b) Key Estimates & Assumptions

In preparing these Ind AS compliant financial statements, the Management has made judgements, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities (including contingent liabilities), income and expenses. The Management believes that the estimates used in the preparation of the financial statements are prudent and reasonable and a continuous evaluation is done on the estimation and Judgements based on historical experience and other factors.

c) Foreign Currency T ranslations and Transactions

Foreign currency transactions are translated into the functional currency using the exchange rates on the dates of the transactions. Foreign exchange gain and loss arising from the settlement of these transactions, and from the translation of monetary assets and liabilities at the reporting date exchange rates are recognised in the statement of Profit and Loss. Non - monetary items that are measured based on historical cost in a foreign currency are translated at the exchange rate on the date of the transaction. The company has not entered into any foreign exchange forward contracts during the year.

d) Inventories

Value of inventories are measured at lower of cost or net realisable value. The cost of inventories is assigned by using First in first out method.

e) Revenue recognition

i) Revenue is measured at the fair value of the consideration received or receivable. Amounts disclosed as revenue are exclusive of Goods and Services Tax and net of returns and trade allowances, if any.

ii) Revenue is recognized based on the nature of the activity to the extent it is probable that the economic benefit will flow to the company and the revenue can be reliably measured with the reasonable certainty of its recovery. Export incentives, if any, from Government is accounted for on receipt basis.

g) Property, Plant and Equipment(PPE)

Recognition and Measurement

PPE is recognised when it is probable that future economic benefits associated with the item will flow to the Company and the cost of the item can be measured reliably. PPE other than freehold land is stated at original cost including import duties, non-refundable purchase taxes and any directly attributable costs of bringing the asset to its working condition for its intended use, net of tax/duty credits availed, if any, after deducting rebates and trade discounts, less accumulated depreciation and accumulated impairement losses, if any. If significant parts of an item of PPE have different useful lives, then they are accounted for as separate items(major components) of PPE

Depreciation & Amortisation

Depreciation on PPE for the year has been provided on all assets on Written down Value Method, pro rata to the period of use, as per the useful lives prescribed in schedule II to the Companies Act, 2013.

h) Share Capital

Ordinary shares are classified as equity. Costs directly attributable to issuance of new ordinary shares are charged to profit and loss account on the basis of predetermined period in equal proportions.

i) Taxes on Income

Income tax expense/income comprises of current income tax expense/income and deferred tax expense/income. It is recognised in the statement of Profit and Loss except to the extent it relates to the items directly recognised in Other Comprehensive Income or in Equity.

Current tax is the expected income tax payable/recoverable in respect of the taxable profit/(tax loss) for the year and any adjustment to the tax payable or receivable in respect of previous years. It is measured using the tax rates and tax laws that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised in respect of temporary differences between the carrying values of assets and liabilities for financial reporting purposes and the amount used for tax purposes.