o Provisions, Contingent liabilities and Contingent assets

A provision is recognised when the Company has a present obligation as a result of past event and it is probable that an outflow
3 Notes on Financial Statements

a The SSI status of the creditors is not known to the Company; hence the information is not given.
b Salaries includes director's remuneration on account of salary only.

_c Trade receivables, Trade payables, Loans & Advances and Unsecured Loans have been taken at their book value subject to
confirmation and reconciliation.

^e Loans and Advances are considered good in respect of which company does not hold any security other than the personal
guarantee of persons.

^f No provision for retirement benefits has been made, in view of accounting policy No. 11. The impact of the same on Profit &
Loss is not determined.

l There is no import transactions during the year
m No transactions in foreign currenty were undertaken

ⁿ The title deeds of immovable properties (other than properties where the Company is the lessee and the lease agreements are
duly executed in favour of the lessee) are held in the name of the Company.

o The Company does not have any Investment Property

q There are no Intangible Assets under development as on 31 March 2024

r Transactions (prohibition) Act, 1988 (45 of 1988) and the rules made thereunder.

s The Company is not declared Willful Defaulter by any Bank or Financial Institution or Other Lender.

^t The Company has advanced Rs. 2,50,000/- to Ranjit Holding Pvt Ltd which is struck off under section the companies act, 2013 or
section 560 of companies act, 1956.

^u No Charges or satisfaction of charges are yet to be registered with registrar of companies beyond the statutory period as on 31
March 2024.

^v The Company has complied with the number of layers prescribed under clause (87) of section 2 of the act read with Companies
(restriction on number of layers) Rules, 2017.

^w No Scheme of arrangements has been approved by the competent authority in terms of sections 230 to 237 of the Companies
Act, 2013.

x The Company has not advanced or loaned or invested funds (either borrowed funds or share premium or any other sources or
kind of funds) to any other person(s) or entity(ies), including foreign entities (intermediaries) with the understanding (whether
recorded in writing or otherwise) that the intermediary shall directly or indirectly lend or invest in other persons or entities
identified in any manner whatsoever (ultimate beneficiaries) by or on behalf of the Company or provide any guarantee, security
or the like to or on behalf of the ultimate beneficiaries.

y The Company has not received any fund from any person(s) or entity(ies), including foreign entities (funding party with the
understanding (whether recorded in writing or otherwise) that the Company shall directly or indirectly lend or invest in other
persons or entities identified in any manner whatsoever (ultimate beneficiaries) by or on behalf of the funding party or provide
any guarantee, security or the like on behalf of the ultimate beneficiaries.

z No Transactions has been surrendered or disclosed as income during the year in the tax assessment under the income tax act,
1961. There are no such previously unrecorded income or related assets.

aa The Company is not covered under section 135 of the Companies act Corporate Social Responsibility (CSR).
ab The Company has not traded or invested in Crypto Currency or Virtual Currency during the financial year.
ac Previous year figures have been regrouped/rearranged wherever necessary.

As per our report of even date

For S P V P & Co. For and on behalf of the Board of

Chartered Accountants AJWA FUN WORLD AND RESORT LIMITED

Firm's Registration No. 155159W

CA. Jitendra C. Patel RAJESH C. JAIN RAHIL R. JAIN CS KOSHA

ANILBHAI SHAH

Partner CHAIRMAN & MD DIRECTOR CS

Membership No. 129067 00285542 02300673 m.No - A61559

UDIN: 25129067BMINUM7422

Place: Vadodara Place: Vadodara

Date: 29 May 2025 Date: 29 May 2025