SIVA SIVANI INTERNATIONAL ACADEMY LIMITED

Balance Sheet as at 31st March, 2014

Particulars Note As at As at
No. 31.03.14 31.03.13
Rs. Rs.
EQUITY AND LIABILITIES

Share holders funds

Share Capital 2 36,381,500 36,381,500
Reserves and Surplus 3 (20,989,126) (20,972,178)

Non - Current Liabilities

Long Term Borrowings 4 21,015,632 21,008,632
Deferred Tax Liability - -
Other Non Current Liabilities
Long Term Provisions - -

Current Liabilities
Short Term Borrowings - -
Trade Payable - -
Other Current Liabilities 5 26,000 16,500
Short Term Provisions - -

Total 36,434,006 36,434,454

ASSETS

Non - Current Assets

Fixed Assets - Tangible 6 30,905,911 30,905,911
Non - Current Investments - -
Deferred Tax Asset -
Other Non Current Assets - -
Long Term Loans and Advances 7 5,525,000 5,525,000

Current Assets
Current Investments - -
Inventories - -
Trade Receivables - -
Cash and Cash Equivalents 8 3,095 3,543
Short Term Loans and Advances - -
Other Current Assets - -

Total 36,434,006 36,434,454

Summary of Significant Accounting Policies

The accompanying Notes are an integral part of

Financial Statements

for and on behalf of the Board As per our report of even date
for Mahesh, Virender & Sriram
Chartered Accountants
Firms' Regn.No : 001939S

(Sailesh Kumar Sampathy) (Aarathy Sampathy) (B R Mahesh)

Director Director Partner
M.No. 18628

Place : Hyderabad
Date : 06.09.2014
 SIVA SIVANI INTERNATIONAL ACADEMY LIMITED

Statement of Profit and Loss for the year ended 31st March, 2014

Particulars Note As at As at
No. 31.03.14 31.03.13
Rs. Rs.

INCOME :

Revenue from Operations - -

Total Revenue - -

EXPENDITURE :

Employee Benefits Expenses - -

Finance Costs 9 448 449
Depreciation & Amortization Expenses - -
Other Expenses 10 16,500 17,500

Total Expenditure 16,948 17,949

Profit Before Tax (16,948) (17,949)

Provision for taxation:

- Current - -
- Deffered Tax Assets/Liability - -

Profit After Tax (16,948) (17,949)

Earnings as per Share of face Value of Rs.10/-each:

Basic
Diluted

Summary of Significant Accounting Policies

The accompanying Notes are an integral part of

Financial Statements

for and on behalf of the Board As per our report of even date
for Mahesh, Virender & Sriram
Chartered Accountants
Firms' Regn.No : 001939S

(Sailesh Kumar Sampathy) (Aarathy Sampathy) (B R Mahesh)

Director Director Partner
M.No. 18628

Place : Hyderabad
Date : 06.09.2014
 SIVA SIVANI INTERNATIONAL ACADEMY LIMITED

Notes to the Financial Statements as at 31st March, 2014

Particulars 31.03.14 31.03.13

Rs. Rs.

3 Reserves and Surplus :

Profit & Loss Account

Opening Balance (20,972,178) (20,954,229)

Less:Loss transferred from Profit & Loss A/c (16,948) (17,949)
Less/Add : IT Adjustments - -

Total (20,989,126) (20,972,178)

Non Current Liabilities :

4 Long Term Liabilities

Advance Agaist Sale of Land 20,970,690 20,970,690

Unsecured Loans 44,942 37,942

Total 21,015,632 21,008,632

5 Other Current Liabilities

Audit Fees Payable 20,000 14,000

Professional Charges Payable 6,000 2,500

Total 26,000 16,500

7 Long Term Loans and Advances

Advances for Fixed Assets 5,525,000 5,525,000

Total 5,525,000 5,525,000

8 Cash and Bank Balances

Balances with Banks:
in Currents accounts 2,599 3,047
Cash on Hand 496 496

Total 3,095 3,543

SIVA SIVANI INTERNATIONAL ACADEMY LIMITED

Notes to the Financial Statements as at 31st March, 2014

Particulars 31.03.14 31.03.13

Rs. Rs.

Revenue from Operations:

 Fees & Receipts - -

Total - -

9 Finance Cost

Bank Charges 448 449

Total 448 449

10 Other Expenses

Professional Charges 6,000 7,000

Audit Fee 6,000 6,000
Filing Fees 4,500 -
Stock Exchange Listing Fees - 4,500

Total 16,500 17,500

- -
0
 SIVA SIVANI INTERNATIONAL ACADEMY LIMITED

Notes to the financial statements as at 31.03.2014

Tangable Assets - Note No. 6

GROSS BLOCK DEPRECIATION NET BLOCK

SL . DESCRIPTION AS AT DELETIONS ADDITIONS TOTAL AS AT FOR THE AS AT AS AT AS AT
No. 01.04.2013 DURING AS AT 31.03.2013 DELETIONS YEAR 31.03.2014 31.03.2014 31.03.2013
THE YEAR 31.03.2014

1 Land 2,333,786 - 2,333,786 - - - - 2,333,786 2,333,786

2 Land Development 2,118,350 - - 2,118,350 - - - - 2,118,350 2,118,350

3 Building 25,914,003 - - 25,914,003 433,580 - - 433,580 25,480,423 25,480,423

4 Borewell 488,455 - 488,455 - - - - 488,455 488,455

5 Furniture & Fixtures 150,340 - - 150,340 99,974 - - 99,974 50,366 50,366

6 Computers 47,000 - 47,000 15,631 - 15,631 31,369 31,369

7 Typewriter 9,000 - - 9,000 2,997 - - 2,997 6,003 6,003

8 Transformer 36,000 - - 36,000 11,970 - 11,970 24,030 24,030

9 Elec. Installations 474,932 - - 474,932 157,913 - - 157,913 317,019 317,019

10 Display Board 78,285 - - 78,285 52,059 - - 52,059 26,226 26,226

11 Vehicle Tractor 105,000 - - 105,000 83,126 - - 83,126 21,874 21,874

12 Office Equipment 12,000 - - 12,000 3,990 - - 3,990 8,010 8,010

TOTAL 31,767,151 - - 31,767,151 861,240 - - 861,240 30,905,911 30,905,911

PREVIOUS YEAR 31,767,151 - 31,767,151 861,240 - - 861,240 30,905,911 30,905,911

Additions to Fixed Assets:

UPS Date Amount No.of Dep

days
24.02.2012 17,000 36 251
RATE

0.00%

0.00%

1.63%

0.00%

9.50%

4.75%

4.75%

4.75%

4.75%

9.50%

11.30%

4.75%
 SIVA SIVANI INTERNATIONAL ACADEMY LIMITED

Notes to the Financial Statements for the year 31st March, 2014

Particulars 31.03.14 31.03.13

Rs. Rs.

2 SHARE CAPITAL

Authorised :
10,00,00,000 Equity Shares of Rs 10/- each 1,000,000,000 1,000,000,000
Total 1,000,000,000 1,000,000,000

Issued, Subscriped and paid up :

51,50,000 Equity Shares of Rs 10/- each 51,500,000 51,500,000

Less : Allotment Money Arrears 18,718,500 18,718,500

Add : Share Application Money 3,600,000 3,600,000

Total 36,381,500 36,381,500

a Rights attached to equity shares:

The company has only one class of equity shares having a face value of Rs.10/- per share . Each holder
of equity share is entitiled to one vote per share. The company declares and pays dividends in Indian
rupees. The dividend proposed by the Board of Directors is subject to the approval of the shareholders
in the ensuing Annual General Meeting.

In the event of liquidation of the company, the holders of equity shares will be entitled to receive
remaining assets of the company, after distribution of all preferential amounts. The distribution will
be in proportion to the number of equity shares held by the shareholders.

b Details of shareholders holding more than 5% 31.03.2014 31.03.2013

shares in the company No's % in the class No's

Equity shares of Rs.10/- each fully paid

S Aarathy 605400 11.76 605400

S P Sampathy's Siva Sivani Educational Society 2096300 40.70 2096300
 32,781,500 32,781,500

3278150

31.03.2013
% in the class

11.76
40.70