Our endeavour is to enhance Stakeholders' Value - Uflex Ltd.

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UFLEX LIMITED
DIRECTOR’S FLEX EUROPE REPORT PRIVATE LIMITED
the signifi cant estimates and judgements made by the Director in the preparation of the fi nancial statements and of whether the
accounting policies are appropriate to the company's circumstances consistently applied and adequately disclosed.
We planned and performed our audit so as to obtain all the information and explanations we considered necessary in order to
provide us with suffi cient evidence to give reasonable assurance that the fi nancial statements are free from material misstatements
whether caused by fraud or other irregularity or error. In forming our opinion, we also evaluated the overall adequacy of the
presentation of information in the fi nancial statements.
Opinion
In our opinion, the fi nancial statements give a true and fair view of the state of the company's aff airs as at 31st March 2009 and of
its results for the year then ended and have been properly prepared in accordance with the Companies Act 1985 relating to small
companies.
PARKER LLOYD
30 POLAND STREET REGISTERED AUDITORS
LONDON W1F 8QS 21st May 2009
PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2009
2009 2008
£ Rs in Lacs £ Rs in Lacs
TURNOVER (Notes 1 & 2) 20,000 14.54 0 0.00
COST OF SALES 0 0.00 0 0.00
GROSS PROFIT 20,000 14.54 0 0.00
OTHER INCOME 663 0.48 1,118 0.81
20,663 15.02 1,118 0.81
ADMINISTRATION EXPENSES 41,126 29.89 5,564 4.04
OPERATING LOSS (Note 3) -20,463 (14.87) -4,446 (3.23)
TAXATION (Note 4) 0 0.00 0 0.00
LOSS ON ORDINARY ACTIVITIES AFTER TAXATION -20,463 (14.87) -4,446 (3.23)
Note: All fi gures have been converted by using rate of Rs. 72.68/ 1 GBP as on 31/03/2009.
The Notes on pages 10 to 12 form an integral part of these Accounts.
BALANCE SHEET AS AT 31ST MARCH 2009
2009 2008
£ (Rs in Lacs) £ (Rs in Lacs)
FIXED ASSETS
CURRENT ASSETS
– – – –
Debtors (Note 5) 44,275 32.18 24,399 17.73
Cash at Bank 21,001 15.26 36,616 26.61
CREDITORS: AMOUNTS FALLING
65,276 47.44 61,015 44.34
DUE WITHIN ONE YEAR (Note 6) 6,536 4.75 6,812 4.95
NET CURRENT ASSETS
CREDITORS: AMOUNTS FALLING
58,740 42.69 54,203 39.39
DUE AFTER MORE THAN ONE YEAR – – – –
TOTAL ASSETS LESS CURRENT LIABILITIES
CAPITAL AND RESERVES
58,740 42.69 54,203 39.39
CALLED UP SHARE CAPITAL (Note 8) 100,000 72.68 75000 54.51
RESERVES (Note 9) (41,260) (29.99) (20797) (15.12)
58,740 42.69 54,203 39.39
These fi nancial statements have been prepared in accordance with the special provisions of Part VII of the Companies Act 1985
relating to small companies.
Approved by the Board on 21st May 2009.
A C SRIVASTAVA
Director
The Notes on pages 10 to 12 form an integral part of these Accounts.
TWENTIETH ANNUAL REPORT 2008 - 2009