Accounting Policies of Chambal Breweries & Distilleries Ltd. Company

Mar 31, 2025

1) Accounting convention :

The Financial statements have been prepared in accordance with the applicable Indian accounting standards specified by the institute of chattered
accountants of India and Ministry of company affairs.

The Financial statements have also been prepared in accordance with the relevant provisions of Companies Act, 20)3. as amended on 24.03.2021
i,c as per amended schedule 3 to the companies act 2013 read with companies (accounts) rules 20l4and companies [audit and auditors > rules 2014.

2) Recognition of Income & Expenditure

All Income and expenditure items having a rnateiral bearing on the financial statements are recognised on accrual basis
Fixed Assets and Depreciation

Fixed assets are stated at cost of acquisition less accumulated depreciation Direct Cost arc capitalised until the asset are ready to be put to use
These cost includes fright, installation cost. Duties and taxes and other allncaird expenses including finance cost relating to specific borrowing
incurred during the construe non penod.

41 The balance arc regrouped, rearranged wherever necessary for improved disclosure in the
Financial statements

51 investment
Not applicable

61 Gratuity ¦ Retirement Benefits
Not applicable

7) Taxation

i) The Current charge for Income Tax is calculated on assessable profit of the company determine under Income Tax Act. 1961

ii) The Company accounts for taxes on income to include the effect of liming difference in the tax expenses in the profit & loss account

and the deferred tax assets and liabilities in die balancesheet in accordance with the Accounting Standard AS 22 "Accounting for Taxes on
Income * issued by The Institute of Chartered Accountants of uidia, (ICAl). The company has evaluated various dements of tax computation ip
determine whether any deferred lax asset or liability needs to be recognized

8) The Balance in parties accounts arc subject to confirmation and rcconcilition . In the opinion of the management all current and non clutch
t assets including loans and advances in the normal course of businee would realize the value at least to the txtent stated in the Balance sheet

Allhough company has no security against the advance amount, therefore unsecured tn nature.Presently company is not able to get returns
on the major portion of its advances reflected in current and non current assets, but management of the company assured that the balance
is fully recoverable upto the extern reflected in the balance sheet Auditor is of the opinion thai the going concern of the company is completely
doubtful, and assurance cannot be given to the shareholders regarding the same

9) Micro. Small and Medium Enterprises

There are no Micro.small and Medium enterprises in respect of whom the Company dues arc outstanding for more than 45 days at the Balance
sheet date .The above information regarding Micro.Small and medium enterprises have been determined to die extent such parties have been identified
on the basis of infrumation available with the Company and relied upon by the auditors.

JO) The company is not involved in its principle objective and there is no activities earned out during the year.

11} The Company has only one reportable business segment.

I3l RF.LAT 1''!) PARTY DISCLOSURES (As identified by I hi management and relied upun by Auditors)

?) Name of related parties and nature- of relationship where oontrll exists are as under:-

I) Associate Companies/Subsidiary: NIL

II) Key Management Personnel

1) Parasram Jhamnani

2) Rinku (joy a I

3) Amnia Modi

4) Vinod Jhamnani

5) Arunoi Jindai

?) T.a)il Modi

III) Relatives of Key Management Personnel

Bharat Jhamnani

It¹) Enterprise under same Management

K,K. DISTILLERIES 1’VT LTD
MANVt POLYMERS PRIVATE LIMITED
RAJASTHAN TELEMATICS LIMITED
TENET LIFE SCIENCES PRIVATE LIMITED
WRITEMED TECHNOLOGY PRIVATE LIMITED

14) The figures in financial statements are not rounded oil keeping in view of very small and less vo Inm e of ftenres.

15) The ratios

a) Current ration 6.73

b) D/E Ratio NA

c) D5CR Ratio NA

d) ROE -7.42

I) Inventory Turnover Ratio Na

g) Debtor Turnover Ratio Ma

h) Credtior Turnover Ratio Na

I) Capital Turnover Ratio Na

f) N.P.Rabo Na

g) ROCE or ROt -7*2

20ZS 2024

Expenditure In Foreign currency Nil Nil

Earnings on Foreign currency Nit Nil

Signed in terms of our report of even date annexed

For Loke.ih Maheshwari & Associates. For and on behalf of Board of Directors

Chartered Accountants Cbambal Breweries and Distilleries Limited

Firm’s Registration No. 020O75C

Sd/- Sd''- SdL

CA Deepchand Nagar Parasram Jhamnani Vsnod Jhamnani

Partner (Mg.Dtrcctor) (CFG)

M.No 463940: DIN; 01266196

Sd''- Sd/-

Place : Kota Arunoi Jindai CSLalitModi

Dated : 24-05-2025 (Director) (Company Secretary)

DIN:07618593

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Mar 31, 2024

1) Accounting convention :

The Financial statements have been prepared in accordance with the applicable Indian accounting chartered accountants of india and Ministry of
company affairs.standards specified by the institute of The Financial statements have also been prepared in accordance with the relevant provisions
of Companies Act, 2013, as amended on 24.03.2021 i.e as per amended schedule 3 to the companies act 2013 read with companies (accounts) rules
2014 and companies (audit and auditors ) rules 2014.

2) Recognition of Income & Expenditure :

All Income and expenditure items having a mateiral bearing on the financial statements are recognised on accrual basis. Legal and Allied expenses
are provided on accrual / payment basis.

3) Fixed Assets and Depreciation :

Fixed assets are stated at cost of acquisition less accumulated depreciation. Direct Cost are capitalised until the asset are ready to be put to use.

These cost includes fright, installation cost. Duties and taxes and other allocated expenses including finance cost relating to specific
borrowing incurred during the construction period.

4) The balance are regrouped, reaaranged wherever necessary for improved disclosure in the Financial statements.

5) Investment
Not applicable

6) Gratuity / Retirement Benefits
Not applicable

7) Taxation

i) The Current charge for Income Tax is calculated on assessable profit of the company determine under Income Tax Act, 1961.

ii) The Company accounts for taxes on income to include the effect of timing difference in the tax expenses in the profit & loss account and the
deferred tax assets and liabilities in the balancesheet in accordance with the Accounting Standard AS 22 "Accounting for Taxes on Income "
issued by The Institute of Chartered Accountants of india, (ICAI). The company has evaluated various elements of tax computation

to determine whether any deferred tax asset or liability needs to be recognized.

8) The Balance in parties accounts are subject to confirmation and reconcilition . In the opinion of the management all current and non current
assets including loans and advances in the normal course of businee would realize the value at least to the extent stated in the Balance

sheet. Although company has no security against the advance amount, therefore unsecured in nature. Presently company is not able to get returns on the
major portion of its advances reflected in current and non current assets, but management of the company assured that the balance is fully recoverable
upto the extent reflected in the balance sheet. Auditor is of the opinion that the going concern of the company is completely doubtful, and assurance
cannot be given to the shareholders regarding the same.

9) Micro, Small and Medium Enterprises

There are no Micro,small and Medium enterprises in respect of whom the Company dues are outstanding for more than 45 days at the Balance
sheet date.The above information regarding Micro,Small and medium enterprises have been determined to the extent such parties have been identified
on the basis of infromation available with the Company and relied upon by the auditors.

10) The company is not involved in its principle objective and there is no activities carried out during the year.

11) The Company has only one reportable business segment.

VAG & COMPANY

FRN - 003014C Sd/- Sd/-

Chartered Accountants Parasram Jhamnani Vinod Jhamnani

(Mg.Director) ( CFO )

Sd/- DIN: 01266196

CA ARPIT JAIN
Membership No. 409781

Place : KOTA Sd/- Sd/-

Dated : 30/05/2024 Anmol Jindal CS Lalit Modi

(Director) (Company Secretary)

DIN:07618593

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Mar 31, 2015

1) Accounting convention :

The Financial statements have been prepared in accordance with the applicable accounting standards specified by the institute of chartered accountants of India.

The Financial statements have also been prepared in accordance with the relevant provisions of Companies Act, 1956.

2) Recognition of Income & Expenditure :

All Income and expenditure items having a material bearing on the financial statements are recognised on accrual basis.

Dividend on shares held by the Company is accounted for as and when it is declared and interest on investment is accounted for on accrual basis.

Legal and Allied expenses are provided on accrual / payment basis.

3) Fixed Assets and Depreciation :

Fixed assets are stated at cost of acquisition less accumulated depreciation. Direct Cost are capitalised until the asset are ready to be put to use. These cost includes fright, installation

cost. Duties and taxes and other allocated expenses including finance cost relating to specific borrowing incurred during the construction period.

As per schedule II of Companies act 2013, the useful life of office equipment(5 Years) and Refrigerator (10 Years) are over. Hence WDV of Office equipment of Rs 59505 is treated as residual value (Less than 5% of gross value) and depreciation ceased to be charged.

In case of refrigerator management assume the residual value of Rs 60400/- (5% of 1208000/-).

Hence rest of the amount of Rs 77420/- (137820-60400) is transfered to retained earnings.

4) Stock

The stock in trade if any have been valued at cost or market price whichever is lower. statutes, shall be accounted for in the year of assessment.

5) Investment

Investments are valued at cost.

6) Gratuity / Retirement Benefits These are accounted on cash basis.

7) Taxation

i) The Current charge for Income Tax is calculated on assessable profit of the company determine under Income Tax Act, 1961.

ii) The Company accounts for taxes on income to include the effect of timing difference in the tax expenses in the profit & loss account and the deferred tax assets and

liabilities in the balance sheet in accordance with the Accounting Standard AS 22 "Accounting for Taxes on Income " issued by The Institute of Chartered Accountants of India,

(ICAI). The company has evaluated various elements of tax computation to determine whether any deferred tax asset or liability needs to be recognized.

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Mar 31, 2014

1) Accounting convention:

The Financial statements have been prepared in accordance with the applicable accounting standards specified by the Institute of Chartered Accountants of India.The Financial statements have also been prepared in accordance with the relevant provisions of the Companies Act, 1956.

2) Recognition of Income & Expenditure :

All Income and expenditure items having a material bearing on the financial statements are recognised on accrual basis. Dividend on shares held by the Company is accounted for as and when it is declared and interest on investment is accounted for on accrual basis. Legal and Allied expenses are provided on accrual / payment basis.

3) Fixed Assets and Depreciation :

Fixed assets are stated at cost of acquisition less accumulated depreciation. Direct Cost are capitalised until the asset are ready to be put to use. These cost includes fright, installation cost. Duties and taxes and other allocated expenses including finance cost relating to specific borrowing incurred during the construction period. Deprecation on fixed asset is provided on straight line method on pro-rata basis as per Schedule XIV of the Companies Act, 1956.

4) Stock

The stock in trade if any have been valued at cost or market price whichever is lower, statutes, shall be accounted for in the year of assessment.

5) Investment

Investments are valued at cost.

6) Gratuity / Retirement Benefits

These are accounted on cash basis.

7) Taxation

i) The Current charge for IncomeTax is calculated on assessable profit of the company determine under IncomeTax Act, 1961.

ii) The Company accounts for taxes on income to include the effect of timing difference in the tax expenses in the profit & loss account and the deferred tax assets and liabilities in the balancesheet in accordance with the Accounting Standard AS 22 "Accounting for Taxes on Income" issued by he Institute of Chartered Accountants of india, (ICAI).The company has evaluated various elements of tax computation to determine whether any deferred tax asset or liability needs to be recognized.

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Mar 31, 2013

1) Accounting convention:

The Financial statements have been prepared in accordance with the applicable accounting standards specified by the Institute of Chartered Accountants of India.The Financial statements have also been prepared in accordance with the relevant provisions of the Companies Act, 1956.

2) Recognition of Income & Expenditure :

All Income and expenditure items having a material bearing on the financial statements are recognised on accrual basis. Dividend on shares held by the Company is accounted for as and when it is declared and interest on investment is accounted for on accrual basis. Legal and Allied expenses are provided on accrual / payment basis.

3) Fixed Assets and Depreciation :

Fixed assets are stated at cost of acquisition less accumulated depreciation. Direct Cost are capitalised until the asset are ready to be put to use. These cost includes fright, installation cost. Duties and taxes and other allocated expenses including finance cost relating to specific borrowing incurred during the construction period. Deprecation on fixed asset is provided on straight line method on pro-rata basis as per Schedule XIV of the Companies Act, 1956.

4) Stock

The stock in trade if any have been valued at cost or market price whichever is lower, statutes, shall be accounted for in the year of assessment.

5) Investment

Investments are valued at cost.

6) Gratuity / Retirement Benefits

These are accounted on cash basis.

7) Taxation

Provision for Income Tax is made as per the provisions of the IncomeTax Act, 1961 .And the provision for Fringe Benefit Tax is made as per the provision of the IncomeTax Act, 1961.

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Mar 31, 2012

1) Accounting convention:

The Financial statements have been prepared in accordance with the applicable accounting standards specified by the institute of chartered accountants of india. The Financial statements have also been prepared in accordance with the relevant provisions of Companies Act, 1956.

2) Recognition of Income & Expenditure:

All Income and expenditure items having a material bearing on the financial statements are recognized on accrual basis. Dividend on shares held by the Company is accounted for as and when it is declared and interest on investment is accounted for on accrual basis. Legal and Allied expenses are provided on accrual / payment basis.

3) Fixed Assets and Depreciation :

Fixed assets are stated at cost of acquisition less accumulated depreciation. Direct Cost are capitalized until the asset are ready to be put to use. These cost includes fright, installation cost. Duties and taxes and other allocated expenses including finance cost relating to specific borrowing incurred during the construction period. Deprecation on fixed asset is provided on straight line method on pro-rata basis as per schedule XIV of the Companies Act, 1956.

4) Stock

The stock in trade if any have been valued at cost or market price whichever is lower, statutes, shall be accounted for in the year of assessment.

5) Investment

Investments are valued at cost.

6) Gratuity / Retirement Benefits

These are accounted on cash basis.

7) Taxation

Provision for Income Tax is made as per the provisions of the Income Tax Act, 1961 .And the provision for Fringe Benefit Tax is made as per the provision of the Income Tax Act, 1961.

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Mar 31, 2010

1) Accounting convention :

The Financial statements have been prepared in accordance with the applicable accounting standards specified by the institute of chartered accountants of India.

The Financial statements have also been prepared in accordance with the relevant provisions of Companies Act, 1956.

2) Recognition of Income & Expenditure :

All Income and expenditure items having a material bearing on the financial statements are recognised on accrual basis.

Dividend on shares held by the Company is accounted for as and when it is declared and interest on investment is accounted for on accrual basis.

Legal and Allied expenses are provided on accrual / payment basis.

3) Fixed Assets and Depreciation :

Fixed assets are stated at cost of acquisition less accumulated depreciation. Direct Cost are capitalised until the asset are ready to be put to use. These cost includes fright, installation cost. Duties and taxes and other allocated expenses including finance cost relating to specific borrowing incurred during the construction period.

Deprecation on fixed asset is provided on straight line method on pro-rata basis as per schedule XIV of the Companies Act, 1956.

4) Stock

The stock in trade if any have been valued at cost or market price whichever is lower. statutes, shall be accounted for in the year of assessment.

5) Investment Investments are valued at cost.

6) Gratuity / Retirement Benefits These are accounted on cash basis.

7) Taxation

Provision for Income Tax is made as per the provisions of the Income Tax Act, 1961. And the provision for Fringe Benefit Tax is made as per the provision of the Income Tax Act, 1961.