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Acme Spinners Ltd.

BSE: 514342 Sector: Industrials
NSE: N.A. ISIN Code: N.A.
BSE 05:30 | 01 Jan Acme Spinners Ltd
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Acme Spinners Ltd. (ACMESPINNERS) - Auditors Report

Company auditors report

1994 ACME SPINNERS LIMITED AUDITORS' REPORT We have examined the Balance Sheet of Acme Spinners Limited, as at 30th September 1994, together with the notes thereon. These financial statements have been prepared by the company pursuant to rule 7A of the Companies (Central Government's) General rules and Forms, 1956 and are based on the accounts of the company for the year ended 30th September, 1994 prepared in accordance with schedule Vl to the Companies Act, 1956 and covered by our report of even date to the members of the company which report is attached. We have audited the attached balance Sheet of M/s. Acme Spinners Limited as at 30th September, 1994 and report that: 1) The Company has acted as commission agents and during the year has earned a commission of Rs.7,80,000/- (previous year NIL). The Company has also received Rs.34,714 (previous year NIL) as interest on share application and call money from Banks. These amounts have been transfered to preliminary and pre-operative expenses. 2) Further to our comments in the Annexure reterred to in paragraph (1) & (2) above. a) We have obtained all the information and explanations which to the best of our knowledge 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 the Company, so far as it appears from our examination of those books; c) The balance sheet is in agreement with the books of account. In our opinion and to the best of our information and according to the explanations given to us, the said balance sheet read together with the Significant Accounting Policies and Notes on Accounts gives the information required by the Companies Act, 1956 in the manner so required and gives a true and fair view of state of affairs of the Company as at 30th September, 1994. for K. R. SRINIVASAN & CO., (Chartered Accountants) Sd/- K.R. SRINIVASAN. Place: Hyderabad Date: 31-01-1995