EXCEL CROP CARE LIMITED C O N T E N T S - BSE

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ANNUAL REPORT 2009-10 Gujarat Narmada Flyash Company Ltd Grouping to the balance sheet and Profit & Loss Account 2009-10 As at As at Schedule Particulars 31/03/2010 31/03/2009 Amount Amount Sch - 1 Share Capital Sch - 2 Loans (Liability) Authorised 7000000 Equity Shares of Rs. 10/- each 70000000 70000000 Subscribed, Issued & Paid up Capital 63705000 63705000 6370500 Equity Shares of Rs. 10/- each A)Secured Loans 63705000 63705000 Term Loan 29983001 29983001 Sch - 3 Cash & Bank Balance 29983001 29983001 Cash Balance 91979 107419 91979 107419 As per our Audit Report of Even Date For and on behalf of The Board of Directors For Shirish Dalal & Associates Gujarat Narmada Flyash Company Limited Chartered Accountants Sd/- Sd/- Sd/- Shirish Dalal Proprietor Director Director Place : Ahmedabad Date : 15/06/2010
ANNUAL REPORT 2009-10 Gujarat Narmada Flyash Company Ltd SCHEDULE 7 SIGNIFICANT ACCOUNTING POLICIES AND NOTES FORMING PART OF ACCOUNTS 1. Basis of Preparation of Accounts: The accounts are prepared on historical cost convention in accordance with applicable mandatory accounting standards and other generally accepted accounting principles in conformity with the statutory requirements. 2. Fixed Assets: Fixed assets are stated at historical cost where cost includes all expenses directly attributable to make the asset ready for use. 3. Depreciation: Depreciation on fixed assets has been provided on Straight Line value method under Schedule XIV to the Companies Act, 1956. 4. Revenue Recognition Income and expenditure are recognized and accounted on accrual basis, except in case of significant uncertainties. 5. INVESTMENTS: Investments have been stated at cost. However , the company has not provided by way of making necessary provisions for diminution in the value of long term investments in the line with accounting standards laid down by the ICAI. However in absence of market quotation as on 31.03.2010. We are unable to comment or the adequacy of the provision for diminution in market value of shares. 6. RETIREMENT BENEFITS: As informed and explained to us that the company is not liable or retiring benefits hance not provided for the retirement benefits by way of gratuities payable to the employees on retirement in accordance with the accounting standards laid down by ICAI. 7. AMORTISATION OF MISCELLANEOUS EXPENDITURE: The preliminary expenses incurred in connection with the incorporation of the company and raising share capital are amortised over a period of 10 years. 8 VALUATION OF INVENTORIES: The closing stock has been physically taken and certified by the management including the quality of non/slow moving items and valued at historical cost. 9 Taxes on Income: Taxes on Income comprise of Current Tax and Deferred Tax in accordance with Accounting Standard (AS) 22, “Accounting for Taxes on Income” issued by the Institute of Chartered Accountants of India. Current tax is being measured at the estimated amount payable to the taxation authorities. Deferred tax is measured at rates substantively enacted by the balance sheet date. 10 ACCOUNTING FOR EFFECTS OF CHANGES IN FOREIGN EXCHANGE RATES: There is no transaction involved in foreign exchange. 11. Earning Per Share: The company reports basic and diluted earnings per share in accordance with Accounting Standard (AS) 20 – Earning per Share issued by the Institute of Chartered Accountants of India. Basic Earning per share are computed by dividing the net profit or loss for the year by the weighted average number of equity share outstanding during the year. Diluted earnings per share is computed by dividing the net profit or loss for the year by the weighted average number of Equity Shares outstanding during the year as adjusted for the effects of all dilutive potential equity share, except where the results are anti-dilutive.
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EXCEL CROP CARE LIMITED C O N T E N
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NOTICE EXCEL CROP CARE LIMITED NOTI
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ANNEXURE TO THE NOTICE EXCEL CROP C
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The country received good rainfall
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13. SUBSIDIARIES Excel Crop Care (A
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ANNEXURE TO DIRECTORS’ REPORT EXC
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(d) Improvement in quality, raw mat
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Pesticides consumption in India is
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in the proper, safe and judicious u
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NAME CATEGORY NO. OF BOARD MEETINGS
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4. Shareholding of Non-Executive Di
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Director Sitting fees for Board/ Co
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The Bombay Stock Exchange Limited (
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The Company has initiated steps to
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I. CAPITAL ACCOUNTS EXCEL CROP CARE
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AUDITORS’ REPORT EXCEL CROP CARE
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Name of the statute Nature of dues
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EXCEL CROP CARE LIMITED 35 Schedule
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EXCEL CROP CARE LIMITED CASH FLOW S
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SCHEDULE ‘E’ FIXED ASSETS Sr. D
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EXCEL CROP CARE LIMITED SCHEDULES F
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EXCEL CROP CARE LIMITED SCHEDULES F
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EXCEL CROP CARE LIMITED SCHEDULE FO
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SCHEDULE ‘T’ — (Cont’d.) NO
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EXCEL CROP CARE LIMITED C O N T E N T S - BSE

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