DIRECTORS' REPORT To THE MEMBERS OF GOLD ROCK INVESTMENT LIMITED The directors of your company presents annual report and the auditors statement of accounts for the year ended 31 march ,2014 OPERATION During the year company has carried profit after taxation Rs. 4,07,17,862/- the total profit carried forwarded to balance sheet is Rs. 8,39,32,908/- Dividend : With view to agreements of resources you directors do not recommend any dividend for the year. Compliance certificate The company has appointment M/s.taj & associates as a company secretary in practice to issue companies certificates as per sections 383a of the company act,1956&certificates obtained from the said company secretary is attached with. DIRECTORS : Mr. sanjeev shriya at the ensuring annual general meeting and being eligible , offers himself for re- appointment. AUDITORS REPORD As regards the qualifications in point no. 1 to6 of the basis of qualified opinion in auditor report the notes no 1(iii),1(viii),1(x)27,28 and 29 to financial statement are self explanatory. DIRECTORS RESPONSIBILITY STATEMENT a. followed in the preparation of annual account the applicable accounting standards and given proper explanation relation to material departure if any b. selected such accounting policy and applied them consistently and made judgments and estimates that are reasonable and prudent so as to given a true and fair view of the state of affairs of the companies at the end of the financial year and of the profit or loss of the company for that period c. taken proper and sufficient care for the maintenance of adequate account records in accordance with the previsions of the act so as to safeguard the assets of the company and to prevent and detect fraud and other irregularities d prepared the accounts on a going concern basis, PARTICULARS OF THE EMPLOYEES The particulars of the employees as required under sections 217 (2a) of the company act 1956 read with the company rules 1975 is not applicable to the company. Auditors The present auditors M/s. khandelwal jain & company chartered accounts will be retiring at the ensuring annual general meeting and being eligible offer themselves for reappointment. ENERGY CONSERVATION / TECHNOLOGY ABSORPTION/ FOREIGN EXCHANGE EARNINGS AND OUTGO The company has no activities relating to conservation of energy or technology absorption during the period under review . the total foreign exchange during the current years was rules Rs. Nil BY ORDER OF THE BOARD OF DIRECTORS FOR GOLD ROCK INVESTMENT LIMITED S.C. AYTHERA DIRECTORS G.L. SRIVATAVA DIRECTORS PLACE : MUMBAI DATE4 : 13TH AUGUST,2014 |