NOTE 1

1. Significant Accounting Policies:

AS -1 Disclosures of Accounting Policies

1. The accounts are brpared in accordance with historical cost convention and mercantile system of Accounting is followed.

AS-9 Revenue Recognition

2. With respect to Income, Interest Income is provided on accrual basis.

AS-13 Accounting for Investments

3. Investments are valued as per AS-13 issued by ICAI.

AS-17 Segment Reporting

4. The company does not have any reportable geographical or business segment.

Hence AS-17 is not applicable.

AS-17 Related Party

5. The company had taken loans from the following related parties:

? Pushpa Devi Dhoot

? Padam chand Dhoot

For SHYAM C. AGRAWAL & CO.

For DHOOT INDUSTRIES LIMITED

Chartered Accountants

FRN: 1102430W

Sd/-SHYAM AGRAWAL

(Proprietor)

Sd/- (P.C Dhoot ) Director

Sd/- (Pushpadevi Dhoot) Director

M.No. 031774

PLACE : MUMBAI

DATED: 30.05.2015