Accounting Policies of Sword-Edge Commercials Ltd. Company

Mar 31, 2025

Basis of preparation

The financial statements of the Company have been prepared in accordance with the generally accepted
accounting principles in India (Indian GAAP). The company has prepared these financial statements to
comply in all material respects with the accounting standards notified under Section 133 of the
Companies Act, 2013, read together with paragraph 7 of the Companies (Accounts) Rules, 2014 and
Companies (Accounting Standards) Amendment Rules, 2016. The financial statements have been
prepared on an accrual basis and under the historical cost convention. The accounting policies adopted in
the preparation of financial statements are consistent with those of previous year, except for the change
in accounting policy explained below.

Use of Estimates

The preparation of financial statements in conformity with generally accepted accounting principles
requires estimates and assumptions to be made that affect the reported amount of assets and liabilities
on the date of the financial statements and the reported amount of revenue and expenses during the
reporting period. Differences between actual results and estimates are recognised in the period in which
the results are known / materialised.

Note: 17 Significant Accounting Policies:

a) General:

i) Accounting policies not specifically referred to otherwise are in consistence with earlier year and
in consonance with generally accepted accounting principles.

ii) Expenses and income considered payable and receivable respectively are accounted for on accrual
basis.

b) Valuation of Inventories: There are no Inventories in the company.

c) Fixed assets and depreciation:

Fixed Assets are stated at cost of acquisition less accumulated depreciation and is inclusive of freight
taxes, and incidental expenses relating to such acquisition.

Depreciation on Fixed Assets is provided on straight-line method at the rates prescribed in Schedule XIV
of the Companies Act, 1956. In respect of additions/deductions during the year depreciation is charged
on pro-rata basis. Assets costing less than Rs. 5000/- each are fully depreciated in the year of acquisition

d) Investments: Investment made by the company are valued at cost.

e) Foreign currency Transactions: There is no foreign currency transaction.

f) Retirement Benefits: Provident fund and employees state insurance scheme contribution is not
applicable to the company.

g) Taxes on Income:

Current Tax: Provision for Income-Tax is determined in accordance with the provisions of
Income-tax Act 1961.

Deferred Tax Provision: Deferred tax is recognized, on timing difference, being the difference

between the taxable incomes and accounting income that originate in one period and are capable of
reversal in one or more subsequent periods.

Note: 18 Balances of Sundry Debtors, Creditors, Loans and Advances are subject to confirmation and
reconciliation.

Note: 19 In the opinion of the Board of directors, the current assets, Loans & advances are

approximately of the value stated if realized in the ordinary course of business. The
provision of all known liabilities is adequate and not in excess of the amount reasonably
necessary.

Note: 20 No Remuneration paid to the directors during the year.

Note: 21 Related party transaction were carried out during the year.

Note: 24 previous year figures have been regrouped and recasted wherever necessary.

Note: 25 Other Notes

Additional Regulatory Information pursuant to Clause 6L of General Instructions for preparation of
Balance Sheet as given in Part I of Division II of Schedule III to the Companies Act, 2013, are given
hereunder to the extent relevant and other than those given elsewhere in any other notes to the Financial
Statements.

a. During the year ended March 31, 2025 and March 31, 2024, the Company has not advanced or loaned
or invested funds (either borrowed funds or share premium 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:

i) directly or indirectly lend or invest in other persons or entities identified in any manner
whatsoever by or on behalf of the Company (Ultimate Beneficiaries) or

ii) provide any guarantee, security or the like to or on behalf of the ultimate
beneficiaries.

Further, during the year ended March 31, 2025 and March 31, 2024, 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: i) directly or indirectly lend or invest in other persons or entities identified in
any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) or ii)
provide any guarantee, security, or the like on behalf of the ultimate beneficiaries.

b. The Company has not invested or traded in Crypto Currency or Virtual Currency during the year ended
March 31, 2025 (Previous: NIL)

c. No proceedings have been initiated on or are pending against the Company for holding benami
property under the Prohibition of Benami Property Transactions Act, 1988 (as amended in 2016)
(formerly the Benami Transactions (Prohibition) Act, 1988 (45 of 1988)) and Rules made thereunder
during the year ended March 31, 2025(Previous year: Nil).

d. The Company has not been declared Wilful Defaulter by any bank or financial institution or
government or any government authority during the year ended March 31, 2025 (Previous year: Nil).

e. The Company has not surrendered or disclosed as income any transactions not recorded in the books
of accounts in the course of tax assessments under the Income Tax Act, 1961 (such as, search or survey or
any other relevant provisions of the Income Tax Act, 1961) during the year ended March 31, 2025
(Previous year: Nil).

f. The Company does not have any transactions with the companies struck off under section 248 of the
Companies Act, 2013 or section 560 of the Companies Act, 1956 during the year ended March 31, 2025
(Previous year: Nil).

g. The Company has complied with the number of layers prescribed under clause (87) of section 2 of the
Act read with the Companies (Restriction on number of Layers) Rules, 2017.

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Mar 31, 2015

(1) The Accounts are prepared on an accrual basis except otherwise stated and under the historical cost conventions, and are in line with the relevant laws as well as the guidelines prescribed by the Department of Company affairs and the Institute of Chartered Accountants of India.

(A) SYSTEM OF ACCOUNTING: The Company has adopted the accrual basis of accounting in the Preparation of the books of accounts.

(B) REVENUE RECOGNITION: All income is accounted for on accrual basis.

(C) EXPENSES: It is Company's policy to account of expenses on accrual basis.

(D) TAXATION: Provision for current tax is made in the accounts on the basis of estimated tax liability per the applicable provisions of the Income Tax Act, 1961. There is no timing difference. Hence, deferred tax liability/assets have not arisen during the year.

(E) INVENTORIES: Inventories are valued at lower of cost and net realizable value. In determining cost FIFO method is used.

(F) FIXED ASSETS & DEPRECIATION.: Fixed Assets are stated at cost of acquisition less accumulated depreciation and is inclusive of freight, taxes, and incidental expenses relating to such acquisition. Depreciation on Fixed Assets is provided on WDV method at the rates prescribed in Income Tax act 1961.

(G) INVESTMENTS: Investments are valued at cost.

(H) RETIREMENT BENEFITS: Provision of Gratuity is not applicable to the company.

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Mar 31, 2014

(1) The Accounts are prepared on an accrual basis except otherwise stated and under the historical cost conventions, and are in line with the relevant laws as well as the guidelines prescribed by the Department of Company affairs and the Institute of Chartered Accountants of India.

(A) SYSTEM OF ACCOUNTING: The Company has adopted the accrual basis of accounting in the Preparation of the books of accounts.

(B) REVENUE RECOGNITION: All income is accounted for on accrual basis.

(C) EXPENSES: It is Company''s policy to account of expenses on accrual basis.

(D) TAXATION: Provision for current tax is made in the accounts on the basis of estimated tax liability per the applicable provisions of the Income Tax Act, 1961. There is no timing difference. Hence, deferred tax liability/assets have not arisen during the year.

(E) INVENTORIES: Inventories are valued at lower of cost and net realizable value. In determining cost FIFO method is used

(F) FIXED ASSETS & DEPRECIATION.: Fixed Assets are stated at cost of acquisition less accumulated depreciation and is inclusive of freight, taxes, and incidental expenses relating to such acquisition. Depreciation on Fixed Assets is provided on WDV method at the rates prescribed in Income Tax act 1961.

(G) INVESTMENTS: Investments are valued at cost.

(H) RETIREMENT BENEFITS: Provision of Gratuity is not applicable to the company.

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Mar 31, 2013

(A) SYSTEM OF ACCOUNTING: The Company has adopted the accrual basis of accounting in the Preparation of the books of accounts

(B) REVENUE RECOGNITION: All income is accounted for on accrual basis.

(C) EXPENSES: It is Company''s policy to account of expenses on accrual basis.

(D) TAXATION: Provision for current tax is made in the accounts on the basis of estimated tax liability as per the applicable provisions of the Income Tax Act, 1961. There is no timing difference. Hence, deferred tax liability/assets have not arisen during the year.

(E) INVENTORIES: Inventories are valued at lower of cost and net realizable value. In determining cost FIFO method is used.

(F) FIXED ASSETS & DEPRECIATION.: Fixed Assets are stated at cost of acquisition less accumulated depreciation and is inclusive of freight, taxes, and incidental expenses relating to such acquisition. Depreciation on Fixed Assets is provided on WDV method at the rates prescribed in Income Tax act 1961.

(G) INVESTMENTS: Investments are valued at cost.

(H) RETIREMENT BENEFITS: Provision of Gratuity is not applicable to the company.

(I) Basic and Diluted Earnings per share (EPS) computed in accordance with Accounting Standard (AS).20

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Mar 31, 2010

A. The company follows the accrual system of accounting in respect of ail income and expenditure except dividend which is accounted on receipt basis,

B. Fixed assets are valued at cost and depreciation is provided on written down value method as per rates prescribed under Income Tax Act 1961

C. Inventories are valued at cost.