1. During the year at the time of communal riots the premises of the
company were attacked and set on fire. Hence the books of accounts and
other records for part of the period were not avail able for audit as
they are destroyed before carrying out the audit. However the audited
result of the previous quarter has been considered in computing the
final accounts.
2. Previous year figures have been regrouped wherever necessary.
3. No provision for gratuity has been made, since at present none of
the employee qualifies for gratuity.
4. Debtors and creditors balances are subject to confirmation.
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