DIRECTOR REPORT

TO THE MEMBERS OF M/S. BHAGWATI DEVCON PRIVATE LIMITED

Your Director have pleasure in presenting their Annual report together with the Audited Accounts of the Company
for the period ended 31.03.2014
FINANCIAL POSITION : 31.03.2014
Net Profit /(Loss) Rs. 759.00
Less Provision for Taxation Rs. 230.00
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Profit/(Loss) after Taxation Rs 529.00
Add: Profit/(Loss) brought forward
From previous year Rs. 6062.00
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Rs. 6591.00
Less: Prior Period Taxation Rs. 1523.00
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Net Profit/(Loss) carried to Balance Sheet Rs. 5068.00
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DIVIDEND:
Your Director do not recommended any dividend for the year.
AUDITORS:
M/s. S.P. Purbey , Chartered Accountants, auditors of the Company, retire at the forthcoming Annual General
Meeting and are eligible for re-appointment.
EMPLOYEES:
The Company has not employed any person during the year so as attract the provisions of section 217 of the
Companies Act. 1956
COMPANIES (DISCLOSURE) OF PARTICLARS IN REPORT OF BOARD OF DIRECTORS) RULES 1988 :
The provision relating to the conservation of Energy and Technology Absorption do not apply to the Company. The
Company had no Foreign Exchange earning/outgo during the year under report
DIRECTORS’ RESPONSIBILITY STATEMENT:
As per provision of section 217(2AA) of the Companies Act, 1956 the Director states:
i) That in the preparation of the Annual Accounts for the period ended 31 st March,2014 the appliacable
accounting standards have been followed and there are no material departure;
ii) that the Director have selected such accounting policies and applied them consistently and made
judgements and estimates that are reasonable 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 ended 31 st March,2014 and the profit of the
period;
iii) that the Directors have taken proper and sufficient care for the maintenance of adequate accounting
records in accordance with the provision of this Act are safeguareding the assets of the Company and for
preventing and detecting fraud and other irregularities;
iv) that the Director have prepared the Annual Accounts for the period ended 31 st March, 2014 on a going
concern basis.

PLACE : KOLKATA For & on behalf of the Board

DATED : 5th September , 2014

DIRECTOR

DIRECTOR