Company’s Overview:
Suncare Traders Limited Ltd (“The Company”) was incorporated on 22/01/1997 vide Certificate of incorporation No. L51909GJ1997PLC031561 under the Companies Act, 1956. The company is engaged in the business of trading in laminates, plywood/mdf and apart from trading of solar power generation, etc.
1. The previous year’s figures have been reworked, regrouped, and reclassified wherever necessary. Amounts and other disclosures for the preceding year are included as an integral part of the current annual financial statements and are to be read in relation to the amounts and other disclosures relating to the current financial year.
2. Credit and Debit balances of unsecured loans, sundry creditors, sundry Debtors, loans and Advances are subject to confirmation and therefore the effect of the same on profit could not be ascertained.
3. Based on the information given by the Company about Creditor’s S.M.E. status, there is no amount due to such creditors outstanding for over 30 days as at 31st March 2018.
4. Foreign Currency Transactions: -
Expenditure in Foreign Currency: - NIL Earnings in Foreign Currency: - NIL
5. Related Parties Transaction:-
As per Accounting Standard 18, issued by the Chartered Accountants of India, The Disclosures of Transaction with the related parties as defined in the related parties as defined in the Accounting Standard are given below:
(a) List of related parties with whom transactions have taken place and relationships:-
(b) Transaction during the current financial year with related parties:-
6. Notes forming part of accounts in relation to Micro and small enterprise
1. Based on information available with the company, on the status of the suppliers being Micro or small enterprises, on which the auditors have relied, the disclosure requirements of Schedule III to the Companies Act,2013 with regard to the payments made/due to Micro and small Enterprises are given below :
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