Afcon Book.indd - Afcons Infrastructure Ltd.

HAZARAT & COMPANY PRIVATE LIMITEDBALANCE SHEET AS AT 31 ST MARCH, 2010 AS AT AS AT31.03.2010 31.03.2009RUPEES RUPEES RUPEES RUPEESSOURCES OF FUNDS :SHARE CAPITALAUTHORISED2,50,000 Equity Shares of Rs. 10/- each 2,500,000 2,500,000ISSUED, SUBSCRIBED & PAID UP2,02,610 Equity Shares of Rs.10/- each fully paid 2,026,100 2,026,100(See Notes to Accounts No.2)UNSECURED LOANSFrom Afcons Infrastructure Limited (Formerly Asia - -Foundations and Constructions Ltd.) - the Holding Co.RESERVES & SURPLUSSurplus in Profit and Loss account 6,259 22,723CURRENT LIABILITIESLiabilities for Expenses 12,370 11,370Advance rent - -Provision for Tax (net of advance tax) 6,400 4,4002,051,129 2,064,593APPLICATION OF FUNDS :FIXED ASSETSGoodwill (See Notes to the Accounts No.1) 2,000,000 2,000,000Furniture (See Notes to the Accounts No.1) 20,000 20,000Less : Depreciation 18,838 1,162 18,709 1,2912,001,162 2,001,291CURRENT ASSETS, LOANS AND ADVANCESCURRENT ASSETSDeposits (See Notes to the Accounts No.2) 4,590 4,590Balance with Scheduled Banks in Current Accounts 44,301 56,203Cash in Hand 1,076 49,967 2,509 63,302MISCELLANEOUS EXPENDITURE & LOSSESLoss as per Profit & Loss Account annexed - -Notes to the Accounts (Refer Schedule ‘A’)2,051,129 2,064,593As per my report of even date,For and on behalf of the Board of DirectorsJ. C. Bhatt A.H. DIVANJI F.K. BHATHENA H.J. TAVARIAChartered Accountant Director Director DirectorPlace : MumbaiDated : 17 th June, 201044