Professional Documents
Culture Documents
Notice is hereby given that the 16th Annual General Meeting of the company will be
held on Friday 30th Day of September, 2011 at 4 P.M. at the registered office of the
company to consider following business: 1. To receive and adopt audited accounts of the company for the year ended 31st
March 2011 and the report of the directors and auditors thereon.
2. To appoint auditors and fix their remuneration.
DIRECTOR
Place: 616-618, Devika Tower, 6 Nehru Place,
New Delhi-110019.
Dated: 2nd September 2011
Note:
A member entitled to attend and vote at the meeting is entitled to appoint a proxy
to attend and vote instead of himself/herself and such a proxy need not be a
member of the company.
that in the preparation of annual accounts for the financial year ended
31stMarch, 2011, the applicable accounting standards had been followed along
with proper explanation relating to material departures:
(II)
that the directors had selected such accounting policies and applied them
consistently and made judgments and estimates that were responsible and
prudent so as to give a true and fair view of the state of affairs of the
Company at the end of the financial year and of the profit or loss of the
Company for the year under review :
(III)
that the directors had taken proper and sufficient care for the maintenance of
adequate records in accordance with the provisions of the Companies Act,
1956 for the safeguarding the assets of the Company and for preventing and
detecting fraud and other irregularities:
(IV)
That the directors had prepared the accounts for the financial year ended 31st
March, 2011 on a going concern basis.
4. AUDITORS
The Auditor Raj K. Sri & Co., Chartered Accountant, retire at the forthcoming
Annual General Meeting and being eligible, offer themselves for re-appointment.
5. RESEARCH & DEVELOPMENT
The company has no activities relating to Research & Development during the
financial year ending as on 31st March, 2011.
6. EMPLOYEES
During the year under consideration none of the employees when employed
throughout the financial year was paid Rs. 24,00,000/- or more and when employed
for part of the year was paid more than Rs. 2,00,000/- p.m. as salary. Hence no
statement U/s 217(2)(a) of the Companies Act, 1956 is required.
7. CONSERVATION OF ENERGY, TECHNOLOGY
FOREIGN EXCHANGE EARNINGS AND OUTED.
ABSORPTION,
Conservation of Energy:
The Company being conscious of the need to conserve energy will make
arrangements to conserve the same at the project implementation stage itself.
Technology Absorption:
The Company had no activities relating to technology absorption during the financial
year ending as on 31st March, 2011.
Foreign Exchange Earnings & Outgo:
Current Year
Previous year
NIL
NIL
NIL
NIL
Director.
nd
Dated : 2 September,2011
Place : Delhi.
AUDITORS REPORT
To,
The Members,
BHAVYA CREATORS PRIVATE LIMITED
We have audited the Balance Sheet of M/S BHAVYA CREATORS PRIVATE LIMITED as at 31 March, 2011 and Profit & Loss Account for
the year ended on that date annexed and report that :
These financial statements are the responsibility of the Company management. Our responsibility is to express an opinion on these
financial statements based on our audit.
We have conducted our audit in accordance with auditing standards generally accepted in India. Those standards require that we
plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material
misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well
as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.
As required by the Companies (Auditors Report) Order, 2003 issued by the Central Government of India in terms of sub-section
(4A) of section 227 of the Companies Act, 1956, we enclosed in the annexure a statement on the matters specified in paragraphs 4
and 5 of the said Order.
(i)
We have obtained all the information and explanations, which to the best of our knowledge and belief were necessary for
the purposes of our audit;
(ii)
In our opinion, proper books of account as required by law have been kept by the Company so far as apperars from our
examination of those books (and proper returns adequate for the purposes of our audit have been received from the
branches not visited by us. The Branch Auditors Report(s) have been forwarded to us and have been appropriately dealt
with);
(iii)
The Balance Sheet and Profit and Loss Account dealt with by this report are in agreement with the books of account (and
the audited returns from the branches);
(iv)
In our opinion, the Balance Sheet and Profit and Loss Account dealt
standards referred to in sub-section (3C) of section 211 of the Companies Act, 1956;
(v)
On the basis of written representations received from the directors and taken on record by the Board of Directors, we report
that none of the directors is disqualified as on that date from being appointed as a director in terms of clause (g) of
sub-section (1) of section 274 of the Companies Act, 1956;
(vi)
In our opinion and to the best of our information and according to the explanations given to us, the said accounts give the
information required by the Companies Act, 1956, in the manner so required and give a true and fair view in conformity
with the accounting principles generally accepted in India:
(1)
insofar as it relates to the Balance Sheet, of the state of affairs of the Company as at 31, March 2011, and
(2)
insofar as it relates to the Profit & Loss Account, of the Profit/(Loss) of the Company for the period ended on that date.
Place : Delhi
Date : 01-09-2011
with
by
this
report
comply
with
ROHIT VASWANI
Partner
M.No - 095991
R-52, 3rd Floor, Vikas Marg, Shakarpur, Delhi - 110092
Firm Reg.No -014141N
the
accounting
1 (b)
All the assets have not been physically verified by the management during the year but there is a regular
programme of verification which, in our opinion, is reasonable having regard to the size of the company and
the nature of its assets. No material discrepancies were noticed on such verification.
1 (c)
2 (a)
The inventory has been physically verified during the year by the management. In our opinion, the frequency
of verification is reasonable.
2 (b)
2 (c)
3 (a)
The Company has not granted any Loans Secured or Unsecured to the other companies listed in the register
maintained under section 301 of the Companies Act, 1956.
3 (b)
3 (c)
3 (d)
3 (e)
The Company has not taken any Loans Secured or Unsecured from the other companies listed in the register
maintained under section 301 of the Companies Act, 1956.
3 (f)
3 (g)
In our opinion an according to the information and explanations given to us, there are adequate internal
control procedures commensurate with the size of the company and the nature of its business with regard to
purchases of inventory, fixed assets and with regard to the sale of goods and services. During the course of
our audit, we have not observed any continuing failure to correct major weaknesses in internal controls.
5 (a)
According to the information and explanations given to us, we are of the opinion that the transactions that
need to be entered into the register maintained under section 301 of the Companies Act, 1956 have been so
entered.
5 (b)
In our opinion and according to the information and explanations given to us, the transactions made in
pursuance of contracts of arrangements entered in the register maintained under section 301 of the
Companies Act, 1956 in respect of any party during the year have been made at prices which are reasonable
having regard to prevailing market prices at the relevant time.
N.A.
In our opinion,
business.
N.A.
9 (a)
The company is regular in depositing with appropriate authorities undisputed statutory dues including
provident fund, investor education protection fund, employees state insurance, income tax, sales tax, wealth
tax, service tax, custom duty, excise duty, Cess and other material statutory dues applicable to it.
the
company
proper
has
an
records
internal
showing
audit
full
system
particulars
The
of
by
including
Books
the
Accounts,
management
discrepancies
commensurate
of
quantitative
noticed
with
the
on
size
details
company
are
has
reasonable
verification
and
and
nature
not
and
between
of
its
Page 1 of 2
9 (b)
According to the information and explanations given to us, no undisputed amounts payable in respect of
income tax, wealth tax, sales tax, service tax, custom duty, excise duty and Cess were in arrears, as at .
For a period of more than six months from the date they became payable.
10
N.A.
11
In our opinion and according to the information and explanations given to us, the company has not defaulted
in repayment of dues to a financial institution, bank or debenture holders.
12
N.A.
13
13 (a)
N.A.
13 (b)
N.A.
13 (c)
N.A.
13 (d)
N.A.
14
15
In our opinion and as per the explanations given to us, the terms and conditions of the guarantee given by
the company for loans taken by others from bank/financial Institutions, are prejudicial to the interest of the
company.
16
As per the Explanation and as per the records of the company, the term loans taken has been applied for the
purpose for which the same has been taken.
17
According to the information and explanations given to us, and on an overall examination of the balance
sheet of the company, we report that the no funds raised on short-term basis have been used for long-term
investment. No long-term funds have been sued to finance short-term assets except permanent working
capital.
18
According to the information and explanations given to us, the company has made preferential allotment of
shares to parties and companies covered in the register maintained under section 301 of the Act. In our
opinion, the price at which shares have been issued is not prejudicial to the interest of the company.
19
N.A.
20
N.A.
21
According to the information and explanations given to us, no fraud on or by the company has been noticed
or reported during the course of our audit.
Place : Delhi
Date : 01-09-2011
trading
of the
the
the
ROHIT VASWANI
Partner
M.No - 095991
R-52, 3rd Floor, Vikas Marg, Shakarpur, Delhi - 110092
Firm Reg.No -014141N
Page 2 of 2
Particulars
Sch
As At
31-03-2011
As At
31-03-2010
Capital
S-1
1,03,38,000.00
1,03,38,000.00
S-2
1,97,60,447.22
1,17,55,118.40
Secured Loans
S-3
24,04,486.80
13,74,239.00
Unsecured loans
S-4
77,01,120.00
15,61,150.00
4,02,04,054.02
2,50,28,507.40
Gross Block
96,71,480.00
64,27,322.00
Less : Depreciation
31,21,828.53
12,43,193.53
Sources of Funds
Share Holders Fund
Loan funds
S-5
Net Block
65,49,651.47
51,84,128.47
Investments
S-6
82,48,979.00
31,69,388.00
S-7
2,50,724.00
67,745.00
Current Assets
S-8
6,82,63,925.76
4,80,03,040.93
S-9
4,58,46,377.29
2,41,76,852.00
11,41,10,303.0
5
7,21,79,892.93
S-10
8,39,70,079.50
4,97,37,751.00
Provisions
S-11
49,85,524.00
58,34,896.00
8,89,55,603.50
5,55,72,647.00
2,51,54,699.55
1,66,07,245.93
4,02,04,054.02
2,50,28,507.40
S-13
Auditors Report : As per our seperate report of even date attached subject to Notes on Accounts attached
For RAJ K. SRI & CO.
Chartered Accountants
ROHIT VASWANI
Partner
Delhi, 01-09-2011
Director
Director
Particulars
Sch
2010-2011
2009-2010
INCOMES
Receipts From Contracts
25,12,57,640.00
30,89,21,520.00
Interest On Fdr
7,25,986.00
3,44,689.00
Rent Received
5,56,618.00
5,04,000.00
10,000.00
21,00,000.00
25,25,50,244.0
0
31,18,70,209.0
0
23,97,42,370.18
29,47,57,901.05
Total
23,97,42,370.1
8
29,47,57,901.0
5
Net Profit
1,28,07,873.82
1,71,12,307.95
49,85,524.00
58,34,896.00
Misc. Income
Total
EXPENDITURE
Expenses
S-12
0.00
86,15,000.00
1,82,979.00
9,008.00
Total
80,05,328.82
26,71,419.95
1,17,55,118.40
90,83,698.45
1,97,60,447.22
1,17,55,118.40
Auditors Report : As per our seperate report of even date attached subject to Notes on Accounts attached
For RAJ K. SRI & CO.
Chartered Accountants
ROHIT VASWANI
Partner
Delhi, 01-09-2011
Director
Director
Particulars
Sch
2010-2011
2009-2010
Capital
S-1
1,03,38,000.00
1,03,38,000.00
1,03,38,000.00
1,03,38,000.00
1,97,60,447.22
1,17,55,118.40
1,97,60,447.22
1,17,55,118.40
2,69,312.00
4,27,039.00
6,41,021.30
9,47,200.00
9,61,759.40
0.00
5,32,394.10
0.00
24,04,486.80
13,74,239.00
Mr.Ambrish Tiwari
59,78,620.00
5,28,150.00
Rachna Pandey
10,33,000.00
10,33,000.00
6,89,500.00
0.00
77,01,120.00
15,61,150.00
S-2
S-3
Total
Unsecured loans
S-4
Particulars
Sch
2010-2011
2009-2010
Investments
Office at Nehru Place
S-6
5,35,000.00
5,35,000.00
3,05,390.00
3,05,390.00
13,42,092.00
13,42,092.00
4,75,100.00
4,75,100.00
Investment In Shares
1,08,938.00
1,08,938.00
9,82,459.00
3,82,868.00
20,000.00
0.00
82,48,979.00
31,69,388.00
2,50,724.00
67,745.00
2,50,724.00
67,745.00
S-7
Deffered I.Tax
Total
Current Assets
20,000.00
44,80,000.00
S-8
Security Deposit
Deposit-Greater Noida
Security-G.Noida University
Deposit-Greater Noida-FDR
Security Deposit-LDA
2,66,841.00
58,85,297.00
33,01,336.00
0.00
30,00,000.00
30,00,000.00
1,93,49,629.00
0.00
2,33,67,800.00
32,12,100.00
74,21,556.83
37,20,988.50
Inventories
Work In Progress
Sundry Debtors
Advance to Suppliers
Dhawan & Co.
G.Noida Authority
LDA-Park
1,50,000.00
1,50,000.00
0.00
2,61,01,578.00
7,68,085.00
0.00
33,60,000.00
0.00
1,00,000.00
1,00,000.00
2,50,000.00
1,00,000.00
17,76,777.00
0.00
21,70,501.50
5,91,137.00
Bank of Baroda
37,785.00
46,967.00
30,180.50
30,180.50
Pnb-ca- Ac 664
35,702.93
35,702.93
SBI
56,392.00
6.00
27,66,754.00
50,06,224.00
SBI-G. Noida
11,420.00
11,420.00
32,585.00
600.00
Uco Bank
10,580.00
10,840.00
6,82,63,925.76
4,80,03,040.93
Total
Particulars
Sch
S-9
2010-2011
2009-2010
Other Assets
Accuman Marketings
4,50,000.00
9,50,000.00
35,00,000.00
0.00
27,67,892.00
0.00
50,00,000.00
0.00
50,000.00
50,000.00
1,00,000.00
1,00,000.00
1,00,000.00
1,00,000.00
Girish Gulati
10,00,000.00
0.00
95,61,490.00
59,11,490.00
1,50,000.00
1,50,000.00
2,49,427.29
0.00
26,54,100.00
0.00
5,00,000.00
0.00
26,33,856.00
4,49,000.00
2,03,502.00
0.00
18,00,000.00
18,00,000.00
Prateek Dubey
2,00,000.00
2,00,000.00
PSIDC
2,13,000.00
2,13,000.00
29,436.00
29,436.00
17,223.00
17,223.00
67,648.00
67,648.00
2,175.00
2,175.00
4,33,560.00
4,33,560.00
56,115.00
0.00
Other Deduction-UPRNN
Rohit Vaswani
Security Deposit-nirman Nigam
10,00,000.00
10,00,000.00
Security-UPRRN
6,95,242.00
0.00
5,91,876.00
5,91,876.00
Surender Pal
5,00,000.00
0.00
50,43,287.00
61,02,452.00
1,02,284.00
1,02,284.00
20,000.00
20,000.00
TDS 2005-06
1,18,899.00
1,18,899.00
TDS 2006-07
43,930.00
43,930.00
TDS 2009-10
2,67,556.00
0.00
3,90,814.00
3,90,814.00
3,75,000.00
3,75,000.00
49,58,065.00
49,58,065.00
4,58,46,377.29
2,41,76,852.00
VAT Credit
Total
Particulars
Sch
Current Liabilities
S-10
2010-2011
2009-2010
Bank CC/Overdraft
Punjab & Sindh Bank-OD
5,10,92,795.50
10,32,120.00
2,90,27,457.00
4,55,19,997.00
10,00,000.00
10,00,000.00
33,061.00
37,516.00
Security Deposit-Rent
42,502.00
1,26,000.00
Sundry Creditors
Creditor (others)
Total
Advertisement Expenses
Auditors Remuneration
Bank Charges
Conveyance Expenses
Depreciation
Directors Remuneration
Donation
Freight & Cartage
93,437.00
31,887.00
18,96,794.00
18,96,794.00
59,625.00
0.00
8,39,70,079.50
4,97,37,751.00
49,85,524.00
58,34,896.00
49,85,524.00
58,34,896.00
58,459.00
0.00
S-11
Expenses
60,791.00
7,57,054.00
S-12
16,545.00
16,545.00
13,28,665.50
2,76,415.55
48,913.00
56,345.00
18,78,635.00
8,50,207.00
8,40,000.00
8,40,000.00
5,100.00
0.00
6,73,686.18
34,94,375.09
25,03,592.80
3,40,975.00
8,660.00
1,97,678.00
17,50,572.71
0.00
Misc. Expenses
18,100.00
7,977.00
Office Expenses
9,245.00
0.00
Interest
79,019.00
14,495.00
Purchase Of Material
14,03,13,488.50
22,76,91,702.41
5,763.49
16,446.00
2,00,856.00
2,46,886.00
0.00
1,76,250.00
6,83,09,353.00
5,18,68,130.00
Service Tax
1,57,79,609.00
0.00
10,151.00
7,516.00
Testing Charges
24,479.00
57,246.00
Travelling Expenses
79,523.00
1,27,192.00
VAT/Trade Tax
50,48,644.00
80,02,198.00
4,66,027.00
4,50,322.00
2,85,283.00
19,000.00
23,97,42,370.1
8
29,47,57,901.0
5
Total
Particulars
Sch
2010-2011
2009-2010
________________________________________________________________________________________________________________________________________________________
S.NO.
PARTICULARS
GROSS BLOCK
DEPRECIATION
NET BLOCK
______________________________________________
______________________________________________
____________________________
AS ON
ADD.
DED.
01-04-2010
AS ON
31-03-2011
AS ON
01-04-2010
FOR THE
YEAR
DED.
UPTO
31-03-2011
W.D.V.
31-03-2011
W.D.V.
31-03-2010
_________________________________________________________________________________________________________________________________________________________
1
2,10,759.00
6,650.00
0.00
2,17,409.00
84,008.16
23,199.00
0.00
1,07,207.16
1,10,201.84
1,26,750.84
Car-maruti 800
2,06,175.00
0.00
0.00
2,06,175.00
1,79,686.44
6,858.00
0.00
1,86,544.44
19,630.56
26,488.56
U.P.S.
17,600.00
0.00
0.00
17,600.00
16,082.80
211.00
0.00
16,293.80
1,306.20
1,517.20
Computer
97,250.00
18,000.00
0.00
1,15,250.00
90,320.20
4,034.00
0.00
94,354.20
20,895.80
6,929.80
Air Conditioner
47,000.00
0.00
0.00
47,000.00
9,251.00
5,251.00
0.00
14,502.00
32,498.00
37,749.00
Office Equipments
1,03,390.00
24,000.00
0.00
1,27,390.00
42,252.93
8,660.00
0.00
50,912.93
76,477.07
61,137.07
Lab Equipments
1,42,419.00
0.00
0.00
1,42,419.00
23,034.00
16,606.00
0.00
39,640.00
1,02,779.00
1,19,385.00
9,67,530.00
50,000.00
0.00
10,17,530.00
55,212.00
1,28,980.00
0.00
1,84,192.00
8,33,338.00
9,12,318.00
Motor Cycle
74,727.00
0.00
0.00
74,727.00
20,643.00
14,002.00
0.00
34,645.00
40,082.00
54,084.00
10
Car-Cruze
14,03,472.00
0.00
0.00
14,03,472.00
52,762.00
3,49,699.00
0.00
4,02,461.00
10,01,011.00
13,50,710.00
11
Car-Innova
11,17,000.00
0.00
0.00
11,17,000.00
1,66,384.00
2,46,114.00
0.00
4,12,498.00
7,04,502.00
9,50,616.00
12
Car-XTrail
20,40,000.00
0.00
0.00
20,40,000.00
5,03,557.00
3,97,785.00
0.00
9,01,342.00
11,38,658.00
15,36,443.00
13
Car-Capitiva
0.00
20,05,436.00
0.00
20,05,436.00
0.00
5,14,940.00
0.00
5,14,940.00
14,90,496.00
0.00
14
Car-Verna
0.00
7,48,932.00
0.00
7,48,932.00
0.00
1,14,745.00
0.00
1,14,745.00
6,34,187.00
0.00
15
Generator set
0.00
3,91,140.00
0.00
3,91,140.00
0.00
47,551.00
0.00
47,551.00
3,43,589.00
0.00
64,27,322.00
32,44,158.00
0.00
96,71,480.00
12,43,193.53
18,78,635.00
0.00
31,21,828.53
65,49,651.47
51,84,128.47
TOTAL
PREVIOUS YEAR
The Accounts are prepared under the historic cost convention on accrual basis & Going concern concept as
per the mandatory accounting standards.
Depreciation has been provided as per the rates provided in the Companies Act 1956 at WDV method in the
books of accounts. Value of fixed assets has been stated at WDV less Depreciation for the current year.
All the income & expenses are generally recognised on accrual basis.
Notes on Accounts
1
The previous year figures have been regrouped or rearranged wherever considerd necessary to make tham
comparable with current year presentation.
The balance standing to the debit and credit of parties are subject to conformation.
Auditors Remuneration
As Statutory Auditor
Place:
Date:
Delhi
01-09-2011
2010-11
16545.00
2009-10
16545.00
ROHIT VASWANI
Partner
I.
Registration Details
Registration No.
64475
II.
55
31-03-2011
0
0
Bonus Issue
III.
State Code
Right Issue
Private Placement
0
0
12,91,59,657.52
Total Assets
12,91,59,657.52
Source of Funds
Paid-Up Capital
1,03,38,000
1,97,60,447.22
0
65,49,651.47
82,48,979
Investments
Deferred Tax Asset
24,04,486.8
77,01,120
2,51,54,699.55
0
Performance of Company
Turnover
25,12,57,640
1,28,07,873.82
V.
Unsecured Loans
2,50,724
0
Accuumulated Losses
IV.
Secured Loans
7.74
Product Description
Director
Director
Total Expenditure
Profit after Tax
Dividend Rate
23,97,42,370.18
80,05,328.82
0.00