Bridge Securities Ltd. కంపెనీ అకౌంటింగ్ విధానాలు

1. SIGNIFICANT ACCOUNTING POLICIES FOR THE YEAR ENDED ON 31-03-2025.

a) Basis of preparation

The financial statements of the Company have been prepared in accordance with Indian Accounting
Standards (Ind AS) notified under the Companies (Indian Accounting Standards) Rules, 2015 (as amended
from time to time) and presentation requirements of Division II of Schedule III to the Companies Act, 2013
.These financial statements are prepared under the historical cost convention on the accrual basis except
for Certain financial assets and liabilities measured at fair value (refer accounting policy regarding financial
instruments).

b) Revenue from Contract with Customer

Revenue towards satisfaction of a performance obligation is measured at the amount of transaction price
(net of variable consideration) allocated to that performance obligation. The transaction price of goods sold
and services rendered is net of variable consideration on account of various discounts and schemes offered
by the Company as part of the contract. The specific recognition criteria described below must also be met
before revenue is recognised.

Sale of Services

Revenue is recognized only when it can be reliably measured and it is reasonable to expect ultimate
collection. There is no amount not recognized as revenue during the year due to lack of reasonable
certainty.

Trade receivables

A receivable represents the Company''s right to an amount of consideration that is unconditional (i.e., only
the passage of time is required before payment of the consideration is due).

c) Property, Plant & Equipment

There is no Property, plant and equipment at present in the books of the company.

d) Intangible Assets

There is no intangible assets in books of the company.

1. SIGNIFICANT ACCOUNTING POLICIES FOR THE YEAR ENDED ON 31-03-2024.

a) Basis of preparation

The financial statements of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under the Companies (Indian Accounting Standards) Rules, 2015 (as amended from time to time) and presentation requirements of Division II of Schedule III to the Companies Act, 2013 .These financial statements are prepared under the historical cost convention on the accrual basis except for Certain financial assets and liabilities measured at fair value (refer accounting policy regarding financial instruments).

b) Revenue from Contract with Customer

Revenue towards satisfaction of a performance obligation is measured at the amount of transaction price (net of variable consideration) allocated to that performance obligation. The transaction price of goods sold and services rendered is net of variable consideration on account of various discounts and schemes offered by the Company as part of the contract. The specific recognition criteria described below must also be met before revenue is recognised.

Sale of Services

Revenue is recognized only when it can be reliably measured and it is reasonable to expect ultimate collection. There is no amount not recognized as revenue during the year due to lack of reasonable certainty.

Trade receivables

A receivable represents the Company''s right to an amount of consideration that is unconditional (i.e., only the passage of time is required before payment of the consideration is due).

c) Property, Plant & Equipment

There is no Property, plant and equipment at present in the books of the company.

d) Intangible Assets

There is no intangible assets in books of the company.

(A) Basis of Accounting:

The accounts have been prepared on historical cost concept basis of accounting the company adopts the accrual system of accounting.

(B) Revenue Recognition : All the income is accounted for on accrual basis.

(C) Expenses : All the expenses including interest and finance charges are provided on accrual basis.

(D) Fixed Assets : All the fixed assets are valued at cost less depreciation.

(E) Depreciation : Depreciation is provided on straight line basis at the rates prescribed under schedule XIV of the Companies Act, 1956.In respect of leased assets the company follows the method derived from the guidance note issued by The Institute of Chartered Accountants ofIndia under which 100% ofthe cost of the assets is depreciated over the primary leased period.

(F) Sock In trade (Closing Stock) : Stock in trade is valued at market prices.

(G) Preliminary Exps. Preliminary expenses are being amortized over a period of ten years.

(A) Basis of Accounting:

The accounts have been prepared on historical cost concept basis of accounting the company adopts the accrual system of accounting.

(B) Revenue Recognition: All the income is accounted for on accrual basis.

(C) Expenses: All the expenses including interest and finance charges are provided on accrual basis.

(D) Fixed Assets: All the fixed assets are valued at cost less depreciation.

(E) Depreciation: Depreciation is provided on straight line basis at the rates prescribed under schedule XIV of the Companies Act, 1956.ln respect of leased assets the company follows the method derived from the guidance note issued by The Institute of Chartered Accountants of India under which 100% of the cost of the assets is depreciated over the primary leased period.

(F) Sock In trade (Closing Stock): Stock in trade is valued at market prices.

(G) Preliminary Exps. Preliminary expenses are being amortized over a period of ten years.