Goa Fruit Specialities Ltd. के अकाउंट के लिये नोट

Mar 31, 2012

1. Fixed assets are stated at cost & no depreciation has been charged during the year as production is yet to begin.

2. In the opinion of the Board of Directors:

i. There is no contingent liability against the company.

ii. Current assets, Loans & Advances including interest thereon have the value at which they are stated in the Balance sheet if realized in the ordinary course of business.

3. As the Company has not commenced commercial production, no profit and loss account for the year has been prepared. However breakup of expenditure during Construction has been disclosed in Schedule "H" in accordance with part II of the Schedule VI of the Companies Act, 1956.

4. Previous years figures have been regrouped, recast, wherever necessary to confirm to current year classification.

5. The figures are rounded off to the nearest rupee.

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Mar 31, 2011

1 Fixed assets are stated at cost & no depreciation has been charged during the year as production is yet to begin.

2 In the opinion of the Board of Directors:

I. There is no contingent liability against the company.

II. Current assets, Loans & Advances including interest thereon have the value at which they are stated in the Balance sheet if realized in the ordinary course of business.

3 As the Company has not commenced commercial production, no profit and loss account for the year has been prepared. However breakup of expenditure during Construction has been disclosed in Schedule "H" in accordance with part II of the Schedule VI of the Companies Act, 1956.

4 Previous years figures have been regrouped, recast, wherever necessary to confirm to current year classification.

5 The figures are rounded off to the nearest rupee.

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Mar 31, 2010

1 Fixed assets are stated at cost & no depreciation has been charged during the year as production is yet to begin.

2 In the opinion of the Board of Directors:

I. There is no contingent liability against the company.

II. Current assets, Loans & Advances including interest thereon have the value at which they are stated in the Balance sheet if realized in the ordinary course of business.

3 As the Company has not commenced commercial production, no profit and loss account for the year has been prepared. However breakup of expenditure during Construction has been disclosed in Schedule "H" in accordance with part II of the Schedule VI of the Companies Act, 1956.

4 Previous years figures have been regrouped, recast, wherever necessary to confirm to current year classification.

5 The figures are rounded off to the nearest rupee.

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Mar 31, 2009

1 Fixed assets are suited at cost and no depreciation had been charged during the year as commercial production is yet to begin. Office premises has been sold during the year.

2 In the opinion of the Board of Directors:

I. There is no contingent liability against the company.

II. Current assets, Loans & Advances including interest thereon nave the value at which they are stated in the Balance sheet if realized in the ordinary course of business.

3 As the Company has not commenced commercial production, no profit and loss account for the year has been prepared. However breakup of expenditure during Construction has been disclosed in Schedule "H" in accordance with part II of the Schedule VI of the Companies Act, 1956,

4 Previous years figures have been regrouped recast, wherever necessary to confirm to current year classification.

5 The figures are rounded off to the nearest rupee.