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Aplaya Creations Ltd.

BSE: 511064 Sector: Others
NSE: N.A. ISIN Code: INE099M01027
BSE LIVE 15:16 | 07 Dec 16.20 -0.85
(-4.99%)
OPEN

16.20

HIGH

16.20

LOW

16.20

NSE LIVE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 16.20
PREVIOUS CLOSE 17.05
VOLUME 471
52-Week high 41.90
52-Week low 16.20
P/E
Mkt Cap.(Rs cr) 232.96
Buy Price 0.00
Buy Qty 0.00
Sell Price 16.20
Sell Qty 12306.00
OPEN 16.20
CLOSE 17.05
VOLUME 471
52-Week high 41.90
52-Week low 16.20
P/E
Mkt Cap.(Rs cr) 232.96
Buy Price 0.00
Buy Qty 0.00
Sell Price 16.20
Sell Qty 12306.00

Aplaya Creations Ltd. (APLAYACREATIONS) - Auditors Report

Company auditors report

INDEPENDENT AUDITORS

To

The Members of

EINS EDUTECH LIMITED

Report on the Financial Statements

We have audited the accompanying financial statements of M/s. EINS EDUTECH LIMITED (formerlyM/s. THYROCARE LABORATORIES LTD.) ("the Company") which comprise theBalance Sheet as at March 31 2014 the Statement of Profit and Loss and the Cash FlowStatement of the Company for the year then ended and a summary of the significantaccounting policies and other explanatory information.

Management’s Responsibility for the Financial Statements

The Company’s Management is responsible for the preparation of these financialstatements that give a true and fair view of the financial position financial performanceand cash flows of the Company in accordance with the Accounting Standards notified underthe Companies Act 1956 ("the Act") (which continue to be applicable in respectof Section 133 of the Companies Act 2013 in terms of General Circular 15/2013 dated 13thSeptember 2013 of the Ministry of Corporate Affairs) and in accordance with the accountingprinciples generally accepted in India. This responsibility includes the designimplementation and maintenance of internal control relevant to the preparation andpresentation of the financial statements that give a true and fair view and are free frommaterial misstatement whether due to fraud or error.

Auditors’ Responsibility

Our responsibility is to express an opinion on these financial statements based on ouraudit. We conducted our audit in accordance with the Standards on Auditing issued by theInstitute of Chartered Accountants of India. Those Standards require that we comply withthe ethical requirements and plan and perform the audit to obtain reasonable assuranceabout whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts andthe disclosures in the financial statements. The procedures selected depend on theauditor’s judgment including the assessment of the risks of material misstatement ofthe financial statements whether due to fraud or error. In making those risk assessmentsthe auditor considers the internal control relevant to the Company’s preparation andfair presentation of the financial statements in order to design audit procedures that areappropriate in the circumstances but not for the purpose of expressing an opinion on theeffectiveness of the entity’s internal control. An audit also includes evaluating theappropriateness of accounting policies used and the reasonableness of the accountingestimates made by the Management as well as evaluating the overall presentation of thefinancial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate toprovide a basis for our audit opinion.

Opinion

In our opinion and to the best of our information and according to the explanationsgiven to us the financial statements give the information required by the Act in themanner so required and give a true and fair view in conformity with the accountingprinciples generally accepted in India:

(a) in the case of the Balance Sheet of the state of affairs of the Company as atMarch 31 2014;

(b) in the case of the Statement of Profit and Loss of the profit of the Company forthe year ended on that date and

(c) in the case of the Cash Flow Statement of the cash flows for the year ended onthat date.

Report on Other Legal and Regulatory Requirements

1. As required by the Companies (Auditor’s Report) Order 2003("theOrder") issued by the Central Government of India in terms of sub-section (4A) ofsection 227 of the Act we give in the Annexure a statement on the matters specified inparagraphs 4 and 5 of the Order.

2. As required by Section 227(3) of the Act we report that:

(a) We have obtained all the information and explanations which to the best of ourknowledge and belief were necessary for the purposes of our audit.

(b) In our opinion proper books of account as required by law have been kept by theCompany so far as it appears from our examination of those books.

(c) The Balance Sheet Statement of Profit and Loss and the Cash Flow Statement dealtwith by this Report are in agreement with the books of account.

(d) In our opinion the Balance Sheet the Statement of Profit and Loss and the CashFlow Statement comply with the Accounting Standards notified under the Act (which continueto be applicable in respect of Section 133 of the Companies Act 2013 in terms of GeneralCircular 15/2013 dated 13th September 2013 of the Ministry of Corporate Affairs).

(e) On the basis of the written representations received from the directors as on 31stMarch 2014 taken on record by the Board of Directors none of the directors isdisqualified as on 31st March 2014 from being appointed as a director in termsof clause (g) of sub-section (1) of section 274 of the Act.

For BANSHI JAIN & ASSOCIATES
Chartered Accountants
Firm Registration No. 100990W
Place: MUMBAI ANUJ B GOLECHA
Date: May 29 2014 Partner
Membership No. 117617

ANNEXURE TO INDEPENDENT AUDITORS` REPORT

(Referred to in paragraph 1 under the heading of "Report on Other Legal andRegulatory Requirements" of our report of even date)

1) a) The company has maintained proper records showing full particulars includingquantitative details and situation of fixed assets.

b) As explained to us fixed assets have been physically verified by the management atreasonable intervals; no material discrepancies were noticed on such verification. In ouropinion the frequency of verification is reasonable.

c) In our opinion and according to the information and explanations given to us nofixed asset has been disposed during the year and therefore does not affect the goingconcern assumption.

2) As explained to us the company does not hold any inventory. Accordingly paragraph4 (ii) of the Order is not applicable.

3) The Company has not granted or taken any loans secured or unsecured to or from anyCompanies Firms or other Parties covered in the register maintained under Section 301 ofthe Act. Therefore paragraph 4 (iii) of the Order is not applicable.

4) In our opinion and according to the information and explanations given to us thereare adequate internal control procedures commensurate with the size of the Company and thenature of its business with regard to purchases of inventory fixed assets and with regardto the sale of goods. During the course of our audit we have not observed any continuingfailure to correct major weaknesses in internal controls.

5) a) In our opinion and according to the information and explanations given to us thetransactions that need to be entered into the register maintained under Section 301 of theCompanies Act 1956 have been so entered.

b) In our opinion and according to the information and explanations given to us thetransactions made in pursuance of contracts or arrangements entered in the registermaintained under Section 301 of the Companies Act 1956 and exceeding the value of RupeesFive Lacs in respect of any party during the year have been made at prices which arereasonable having regard to prevailing market prices at the relevant time.

6) According to information and explanation given to us the Company has not acceptedany deposits from the public within the meaning of Section 58A and 58AA or any otherrelevant provisions of the Act and the Rules framed there under.

7) In our opinion the Company has an internal audit system commensurate with itssize and nature of its business.

8) The Central Government of India has not prescribed the maintenance of cost recordsunder Clause (d) of Sub-Section (1) of Section 209 of the Companies Act 1956.

9) a) According to the information and explanations given to us and according tothe books and records as produced and examined by us in our opinion the Company isgenerally regular in depositing the undisputed statutory dues including provident fundinvestor education and protection fund employees’ state insurance income-taxwealth tax service tax and other material statutory dues as applicable with theappropriate authorities. There are no outstanding dues in respect of the above itemswhich are more than six months as at the Balance Sheet date.

b) According to the information and explanations given to us there is no amountspayable in respect of income tax wealth tax service tax sales tax customs duty andexcise duty which have not been deposited on account of any disputes.

10) The Company has no accumulated losses as at 31st March 2013 and it has notincurred any cash losses in the immediately preceding financial year.

11) According to the records of the Company examined by us and the information andexplanations given to us the Company has not defaulted in repayment of dues to any bank.The Company has neither taken any loans from a financial institution nor issued anydebentures.

12) In our opinion and according to the information and explanations given to us andaccording to the books and records as produced and examined by us the Company has notgranted any loans and advances on the basis of security by way of pledge of sharesdebentures and other securities.

13) The provisions of any special statute applicable to Chit Fund / Nidhi / Mutual Fund/ Societies are not applicable to the Company. Accordingly clause 4(xiii) of the Order isnot applicable.

14) In our opinion and according to the information and explanations given to us andaccording to the books and records as produced and examined by us the Company hasmaintained proper records of transactions and contracts relating to dealing or trading inshares securities debentures and other investments during the year and timely entrieshave been made therein and such securities have been held by the Company in its own name.

15) In our opinion and according to the information and explanations given to us theCompany has not given any guarantee for loans taken by others from banks or financialinstitutions during the year.

16) In our opinion and according to the information and explanations given to us andaccording to the books and records as produced and examined by us the Company has notobtained any term loans.

17) According to the information and explanations given to us and on an overallexamination of the balance sheet of the Company there are no funds raised on a short termbasis which have been used for long term investment.

18) According to the information and explanations given to us the company has made anypreferential allotment of shares to one company viz. Westfield Apparels Pvt Ltd. coveredin the register maintained under section 301 of the Act during the year. In our opinionthe price at which shares have been issued is not prejudicial to interest of the company.The Company has not issued any debentures. Accordingly clause 4(xix) of the Order is notapplicable.

19) The Company has not raised any money by public issues during the year.

20) During the course of our examination of the books and records of the companycarried out in accordance with the generally accepted auditing practices in India we haveneither come across any instance of fraud on or by the company noticed or reported duringthe year nor have we been informed of such case by the management.

For BANSHI JAIN & ASSOCIATES
Chartered Accountants
Firm Registration No.100990W
Place: MUMBAI ANUJ B. GOLECHA
Date: May 29 2014 Partner
Membership No. 117617

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