ACEMONEY (INDIA) LIMITED ( CIN-U65999DL2016PLC ) UG-1, Upper Ground Floor Lusa Tower, Azadpur, New Delhi

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1 ACEMONEY (INDIA) LIMITED ( CIN-U65999DL2016PLC ) UG-1, Upper Ground Floor Lusa Tower, Azadpur, New Delhi I. EQUITY AND LIABILITIES Balance Sheet as at 31st March, 2017 As at Particulars Note 31st March 2017 (1) Shareholder's Funds (a) Share Capital 2 30,500, (b) Reserves and Surplus 3 113, (2) Current Liabilities Other current liabilities 4 41, Short term Provisions 5 229, TOTAL 30,884, II. ASSETS (1) Non-current assets (a) Fixed assets (Tangible assets) 6 9, (b) Non-Current Investment 7 20,400, (c) Deferred Tax Asset-Net (d) Long term loans and Advances 9 4,100, (e) Other non current assets , (2) Current assets (a) Cash and cash equivalents 11 5,820, (b) Short Term Loans & Advances 12 99, (c) Other current assets 13 93, TOTAL 30,884, The Notes referred to herein above are an 2-21 integral part of Financial Statements. Signed in terms of our report of even date For and on behalf of the board For A.Mohan & Company. ACEMONEY (INDIA) LTD Chartered Accountant FRN No.: N MONICA JAIN URMILA JAIN (SUMIT SUNEJA) PARTNER DIN DIN M. No. : Place: New Delhi Dated: VANDANA JAIN ARUN KUMAR JAIN DIN DIN

2 ACEMONEY (INDIA) LIMITED ( CIN-U65999DL2016PLC ) UG-1, Upper Ground Floor Lusa Tower, Azadpur, New Delhi Statement of Profit and Loss Account for the period from to Particulars Note For the period to I. Revenue from operations 14 1,003, II. Expenses: Total Revenue 1,003, Employee benefit expenses , Depreciation and amortization expense 6 1, Other expenses , Total Expenses 695, III Profit before tax 308, IV Tax expense: (1) Deferred tax (2) For Current Year 103, Profit/(Loss) for the Year 205, V. Earning per equity share: (1) Basic (2) Diluted The Notes referred to herein above are an 2-21 integral part of Financial Statements. As per our report of even date, For and on behalf of the board For A.Mohan & Company. ACEMONEY (INDIA) LTD Chartered Accountant FRN No.: N MONICA JAIN URMILA JAIN (SUMIT SUNEJA) PARTNER DIN DIN M. No. : Place: New Delhi Dated: VANDANA JAIN ARUN KUMAR JAIN DIN DIN

3 ACEMONEY (INDIA) LIMITED CASH FLOW STATEMENT FOR THE YEAR ENDED ON 31st MARCH 2017 Particulars For the year ended 31st March 2017 A CASH FLOW FROM OPERATING ACTIVITIES: Net profit / (loss) before taxes 308, Adjustment for: Depreciation 1,541 Interest Income (1,003,299) Operating Profit before working capital chang (693,587) Adjustment for: Receivables and Loans & Advances (552,898) Trade payable & Other Liabilities 76,027 Cash generated from Operations (1,170,458) B. CASH FLOW FROM INVESTING ACTIVITIES: Investments (20,400,970) Loans & Advances (4,100,000.00) Purchase of Fixed Assets (11,436.00) Interest Income 1,003, Net Cash used in Investing Activities (23,509,107) C. CASH FLOW FROM FINANCING ACTIVITIES: Share Capital 30,500,000 Net Cash Flow from Financing Activities 30,500,000 Net Increase in cash and cash equivalents (A) + (B 5,820,435 Cash and cash equivalents - Opening - Cash and cash equivalents - Closing 5,820,435 Signed in terms of our report of even date For and on behalf of the board For A.Mohan & Company. ACEMONEY (INDIA) LTD Chartered Accountant FRN No.: N MONICA JAIN URMILA JAIN (SUMIT SUNEJA) PARTNER DIN DIN M. No. : Place: New Delhi Dated: VANDANA JAIN ARUN KUMAR JAIN DIN DIN

4 As at Particulars 31st March 2017 Note : 2 Share Capital a) AUTHORISED SHARE CAPITAL : 30,50,000 Equity Shares of Rs. 10/- each 30,500, b) ISSUED, SUBSCRIBED & PAID UP CAPITAL : 30,50,000 Equity Shares of Rs. 10/- each fully paid-up 30,500, ,500, Reconciliation of Nos. of Shares :- ACEMONEY (INDIA) LIMITED NOTES TO BALANCE SHEET Number of Equity Shares at the beginning - Add : Number of shares issued 3,050, Number of Equity Shares at the end 3,050, Below are the name of the shareholders holding more than 5% shares :- Sr. No. Name Class of Shares No. of Share Holding 1 Monica Jain Equity 12,00,000 2 Urmila Jain Equity 12,90,000 3 Vandana Jain Equity 5,59,600 Note : 3 (A) (B) Reserve & Surplus Statutory Reserve Balance brought forward from previous year - (+) Transfer from Statement of profit & loss 41, , Profit & Loss A/c Add : Transferred from Profit & Loss Account 205, Less: Appropriations Proposed dividend ( Equity) 76, Dividend tax ( equity) 15, Transfer to Statutory Reserve 41, , Closing Balance as on , Note : 4 Other Current Liabilites TDS payable 36, Audit Fees 5, , Note : 5 Note : 7 Short term provisions Dividend 76, Tax on dividend 15, Provision for Tax 103, Provision on Standard Assets 35, , Non-Current Investments Acemoney Intermediaries Pvt. Ltd. 9,910, FD-90L@8.25%-366D 631, FD-95L@8.25%-366D 9,858, ,400,969.54

5 Note : 8 Deferred Tax Assets Note : 9 Long-Term Loans & Advances Nexus Warehouse Solutions Pvt. Ltd 4,100, ,100, Note : 10 Note : 11 Other non current assets Preliminary Expenses 360, , Cash & Cash Equivalents Cash in Hand - Banks IDFC Bank 5,820, ,820, Note : 12 Short Term Loans & Advances Balance with Revenue Authorities TDS , , Note : 13 Other Current Assets Interest Accrued on FD 93, ,219.00

6 NOTES TO PROFIT & LOSS STATEMENT ACEMONEY (INDIA) LIMITED Year ending Particulars 31st March 2017 Note : 14 Sales/ Revenue from Operations Income from Debt 15, Intt on FD , Intt on FD , Intt on FD , Total 1,003, Note : 15 Employees Remuneration & benefits Salary 111, Note : 16 Other Expenses 111, Preliminary Expenses 90, Rent Paid 360, Annual Maintance Charges 8, Digital Signature 3, Electricity Expenses 16, Maintenance Charges 15, Miscellaneous Expenses 8, Printing & Stationary 1, Trade Mark Exp 8, Telephone Expenses 31, Audit Fees 5, Provision on Standard Assets 35, , Note : 17 VALUE OF IMPORTS ON CIF BASIS NIL Note : 18 EXPENDITURE IN FOREIGN CURRENCY NIL Note : 19 EARNING IN FOREIGN CURRENCY NIL Note : 20 EARNINGS PER SHARE Earnings per share is calculated by dividing the profit attributable to equity shareholders by the weighted average number of equity shares outstanding during the year as under. Profit/(Loss) for the after taxes before Exceptional / Prior period items. Basic and diluted Earning per Share 205,271 - Number of equity shares outstanding during the year - Earning per share (`.) 3,050, Note : 21 RELATED PARTY DISCLOURES (I) Related Party Disclosures Under Accounting Standard -18

7 (A) Enterprises in which the Company has control (B) Parties in respect of which the company is a joint venture Key Management Personnel Managing N.A. N.A. Monica Jain Urmila Jain Vandana Jain Arun Kumar Jain (II) Transactions with and outstanding balances of related parties during the year Name of the Company/Firm/Indl. Nature of Transaction Rent Paid - Monica Jain 360, (III) Auditor's Remuneration 5,000.00

8 ACEMONEY (INDIA) LIMITED The accompanying notes are an integral part of these financial statements NOTE - 1 NOTES ON ACCOUNTS (A) SIGNIFICANT ACCOUNTING POLICIES 1 METHOD OF ACCOUNTING 1.1 The financial statements have been prepared and presented in accordance with the generally accepted accounting principles (GAPP) in india under historical cost convention on accural basis and comply in all material aspects with the accounting standards and the relevant provisions prescribed in companies act 2013, besides the guidelines of the Institute of chartered accountants of india, except otherwise states. 1.2 The Company generally, recognises income and expenditure on an accrual basis except those with significant uncertainties. 2 USES OF ESTIMATES 2.1 The Preparation of financial statements in conformity with generally accepted accounting principles requires management to estimates and assumption to be made that affect the reported amounts of assets and liabilities on the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The actual outcome may be different from the estimates. Differences between actual results and estimates are recognised in the period in which the results are known or materialise. 2.2 Current & Non-Current Classification All assets and liabilities are classified into current and non- current Assets An asset is classified as current when it satisfies any of the following criteria: (a) it is expected to be realised in, or is intended for sale or consumption in, the company's normal operating cycle; (b) it is held primarily for the purpose of being traded; (c) it is expected to be realised within 12 months after the reporting date; or (d) it is cash or cash equivalent unless it is restricted from being exchanged or used to settle a liability for at least 12 months after the reporting date. Current assets include the current portion of non-current financial assets. All other assets are classified as non-current. Liabilities An liabilities is classified as current when it satisfies any of the following criteria: (a) it is expected to be settled in the company's normal operating cycle; (b) it is held primarily for the purpose of being traded; (c) it is due to be settled within 12 months after the reporting date; or (d) The company does not have an unconditional right to defer settlement of the liability for at least 12 months after the reporting date. Terms of a liability that could, at the option of the counterparty, result in its settlement by the issue of equity instruments do not affect its classification. Current liabilities include the current portion of non-current financial liabilities. All other liabilities are classified as non-current. Operating cycle Operating cycle is the time between the acquisition of assets for processing and their realisation in cash or cash equivalents.

9 ACEMONEY (INDIA) LIMITED The accompanying notes are an integral part of these financial statements 3 FIXED ASSETS 3.1 Fixed assets (Tangible and Intangible) are stated at original cost including relevant taxes (other than those subsequently recoverable from tax authorities), duties freight and other incidental expenses related to acquisition/ installation of the respective assets. 4 DEPRECIATION Depreciation on Fixed Assets is provided on straight line method basis as per rates prescribed under Schedule II to the companies Act, 2013 as prevailing except in case of certain assets such as depreciation has been provided at higher rates based on useful life as determined by the management. To comply with the provisions of Schedule-II to the Companies Act, 2013 in respect of depreciation on the fixed assets, the company has reworked the calculation of depriciation for this year onwards which is based on the useful life of assets as mentioned in the said schedule. The scrap value of all the assets at the end of useful time period would be aqual to 5% of the original cost of that asset. In respect of fixed assets added/disposed off during the year depreciation is provided on pro-rata basis with referance to the month of addition/deduction, however, in case of new projects the depreciation from the date of commencing of such project is changed to the statement of profit and loss. 5 Revenue from Property is recognised when legal title passes to the buyer. Rental income & income from NBFC activities are recognised as per terms of contract/ agreement. 6 BORROWING COSTS Borrowing Costs that are attributable to acquisition, construction or production of qualifying assets are capitalised as pert of cost of such assets. A qualifying assets is an assets that necessarily takes a substantial period of time to get ready for intended use. All other borrowing costs are charged to the profit and loss account TAXES ON INCOME Provision for Current Tax is made on the basis of estimated taxable income for the current accounting period and in accordance with the provisions as per Income Tax Act, Deferred tax resulting from "timing difference" between book and taxable profit for the year is accounted for using the tax rates and laws that have been enacted or substantially enacted as on the balance sheet date. The deferred tax asset is recognised only to the extent that there is reasonable certainity that sufficient future taxable profits will be available against which such deffered tax can be realised. Deffered tax assets & liabilities are measured using the tax rates & tax laws that have been enacted or substantially enacted by the Balance Sheet date. 8 PRELIMINARY EXPENSES The company has incurred the preliminary expenses of Rs. 4,52,033 during the incorporation of the company. The management has decided to writeoff the said expenses in 5 years. 9 Previous year's figures are not provided since this is the first balance sheet after company's incorporation. Signed in terms of our report of even date For and on behalf of the board For A.Mohan & Company. Chartered Accountant FRN No.: N ACEMONEY (INDIA) LTD MONICA JAIN URMILA JAIN (SUMIT SUNEJA) DIN DIN Partner M. No. : Place: New Delhi Dated: VANDANA JAIN ARUN KUMAR JAIN DIN DIN

10 Note :-6 ACEMONEY (INDIA) LIMITED TANGIBLE ASSETS SCHEDULE OF FIXED ASSETS FOR THE YEAR ENDED 31/03/2017 ORIGINAL COST DEPRECIATION CLOSING BALANCE PARTICULARS AS ON ADDITION SALE / AS ON UP TO FOR THE YEAR SALE / UP TO AS ON 01/04/2016 ADJUSTMENT 31/03/ /03/2016 ADJUSTMENT 31/03/ /03/2017 TANGIBLE ASSETS ATTENDENCE M/C 6,188-6, ,380 MOBILE 5,248-5, ,515 TOTAL - 11,436-11,436-1,541-1,541 9,895

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