ಕಂಪನಿಯ ಅಕೌಂಟಿಗ್ ಪಾಲಿಸಿ Kinetic Trust Ltd.

Mar 31, 2026

1. Basis of Preparation of Financial Statements

These financial statements are prepared in accordance with Indian Accounting Standard
(Ind AS), under the historical cost convention on the accrual basis, and the provisions of
the Companies Act, 2013 (“the Act”) (to the extent notified) and guidelines issued by the
Securities and Exchange Board of India (SEBI). The Ind AS are prescribed under Section
133 of the Act read with Rule 3 of the Companies (Indian Accounting Standards) Rules,
2015 and relevant amendment rules issued thereafter. Accounting policies have been
consistently applied except where a newly issued accounting standard is initially adopted
or a revision to an existing accounting standard requires a change in the accounting
policy hitherto in use.

2. USE OF ESTIMATES

IND AS enjoins management to make estimates and assumptions related to financial
statements, cost incurred in the transaction including same to complete the transaction
and revenue that affect reported amount of assets, liabilities, revenue, expenses and
contingent liabilities pertaining to the year. Actual result may differ from such estimates.
Any revision in accounting estimates is recognized prospectively in the period of change
and material revision, including its impact on financial statements, is reported in the
notes to accounts in the year of incorporation of revision. Revisions to Accounting
estimates are recognized in the period in which the estimates are revised and any future
periods effected pursuant to such revision.

ACCOUNTING CONVENTION: The Financial statements have been prepared in
accordance with the historical cost convention and generally accepted accounting
principles. A summary of the important accounting policies, which have been followed
consistently, is set out below.

PROPERTY, PLANT & EQUIPMENT: Property, Plant & Equipment are stated at cost of
acquisition inclusive of freight & incidental expenses less depreciation thereof.

DEPRECIATION: Depreciation on owned Assets has been charged on straight line method
as per life and in the manner prescribed in Schedule-II of the Companies Act 2013. No
Depreciation has been charged on additions of ? 22.12 lacs, on account of revaluation of
the office premises during the year 1993-94. During the FY 2021-22, Management of the
Company has decided to not to charge the depreciation on the building from the current
financial year.

INVESTMENTS: Investments are valued at cost.

(e) REVENUE RECOGNITION:

(i) Income from consultancy and advisory services is accounted for on accrual basis.

(ii) In respect of other heads of income except dividends, the company follows the
practice of accounting such income on accrual basis.

(iii) Sales and Purchase of the company consist of the sale and purchase of shares in the
secondary market and has been accounted for on accrual basis.

(iv) All the expenses have been accounted for on mercantile basis.

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Mar 31, 2015

(a) ACCOUNTING CONVENTION: The Financial statements have been prepared in accordance with the historical cost convention and generally accepted accounting principles. A summary of the important accounting policies, which have been followed consistently, is set out below.

(b) FIXED ASSETS: Fixed Assets are stated at cost of acquisition inclusive of freight & incidental expenses less depreciation thereof.

(c) DEPRECIATION: Depreciation on owned Assets has been charged on straight line method as per rates and in the manner prescribed in Schedule-XIV of the Companies Act 1956. No Depreciation has been charged on additions of Rs. 22.12 lacs, on account of revaluation of the office premises during the year 1993-94.

(d) INVESTMENTS: Investments are valued at cost.

(e) REVENUE RECOGNITION:

(i) Income from consultancy and advisory services is accounted for on accrual basis.

(ii) In respect of other heads of income except dividends, the company follows the practice of accounting such income on accrual basis.

(iii)Sales and Purchase of the company consists of the sale and purchase of shares in the secondary market and has been accounted for on accrual basis.

(iv) All the expenses have been accounted for on mercantile basis.

(f) PROVISION FOR TAXATION: Provision for taxation is computed as per total income returnable under the Income Tax Act, 1961.

(g) DEFERRED TAX: Deferred Tax Liability is provided pursuant to Accounting Standard [AS-22]. Deferred Tax Asset and Deferred Tax Liability are calculated by applying tax rates and tax laws that have been enacted or substantively enacted by the Balance Sheet date. Deferred Tax Assets arising mainly on account of brought forward losses and unabsorbed depreciation under tax laws are recognized, only if there is virtual certainty of its realization, supported by convincing evidence. Deferred Tax Assets on account of other timing differences are recognized only to the extent there is reasonable certainty of its realization.

(h) OTHER ACCOUNTING POLICIES: These are consistent with the generally accepted accounting policies.

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Mar 31, 2014

(a) ACCOUNTING CONVENTION: The Financial statements have been prepared in accordance with the historical cost convention and generally accepted accounting principles. A summary of the important accounting policies, which have been followed consistently, is set out below.

(b} FIXED AS5ETS: Fixed Assets are stated at cost of acquisition inclusive of freight & incidental expenses less depreciation thereof

(c) DEPRECIATION: Depreciation on owned Assets has been charged on straight line method as per rates and in the manner prescribed in Sdiedule-XIV of the Companies Act 1956. No Depreciation has been charged on additions of Rs. 22.12 lacs, on account of revaluation of the office premises during the year 1993-94.

(d) IN VESTMENTS: Investmentsarevaluedatcost

(e) REVENUE RECOG NlTION:

(i) Income from consultancy and advisory services is accounted for on accrual basis.

(ii) In respect of other heads of income except dividends, the company follows the practice of accounting such income on accrual basis.

(iii) Sales and Purchase of the company consists of the sale and purchase of shares in the secondary market and has been accounted for on accrual basis.

(iv} All the expenses have been accounted for on mercantile basis.

(f) AMORTISATION OF MISC EXPENSES: The Company amortises preliminary expenses including public issue expenses over a period of ten years and other deferred revenue expenditure over a period of five years,

(g) PROVISION FOR TAXATION: Provision for taxation is computed as per total income returnable under the Income Tax Act, 1961.

{h) DEFERRED TAX: Deferred Tax Liability is provided pursuant to Accounting Standard [AS-22]. Deferred Tax Asset and Deferred Tax Liability are calculated by applying tax rates and tax laws that have been enacted or substantively enacted by the Balance Sheet date. Deferred Tax Assets arising mainly on account of brought forward losses and unabsorbed depredation under tax laws, are recognized, only if there is virtual certainty of its realization, supported by convincing evidence. Deferred Tax Assets on account of other timing differences are recognized only to the extent there is reasonable certainty of its realization.

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Mar 31, 2013

(a) ACCOUNTING CONVENTION: The Financial statements have been prepared in accordance with the historical cost convention and generally accepted accounting principles. A summary of the important accounting policies, which have been followed consistently, is set out below.

(b) FIXED ASSETS: Fixed Assets are stated at cost of acquisition inclusive of freight & incidental expenses less depreciation thereof.

(c) DEPRECIATION: Depreciation on owned Assets has been charged on straight line method as per rates and in the manner prescribed in Schedule-XIV of the Companies Act 1956. No Depreciation has been charged on additions of Rs. 22.12 lacs, on account of revaluation of the office premises during the year 1993-94.

(d) INVESTMENTS: Investments are valued at cost.

(e) REVENUE RECOGNITION:

(i) Income from consultancy and advisory services is accounted for on accrual basis.

(ii) In respect of other heads of income except dividends, the company follows the practice of accounting such income on accrual basis.

(iii) Sales and Purchase of the company consists of the sale and purchase of shares in the secondary market and has been accounted for on accrual basis. (iv) All the expenses have been accounted for on mercantile basis.

(f) AMORTISATION OF MISC EXPENSES: The Company amortizes preliminary expenses including public issue expenses over a period of ten years and other deferred revenue expenditure over a period of five years.

(g) PROVISION FOR TAXATION: Provision for taxation is computed as per total income returnable under the Income Tax Act, 1961.

(h) DEFERRED TAX: Deferred Tax Liability is provided pursuant to Accounting Standard [AS-22). Deferred Tax Asset and Deferred Tax Liability are calculated by applying tax rates and tax laws that have been enacted or substantively enacted by the Balance Sheet date. Deferred Tax Assets arising mainly on account of brought forward losses and unabsorbed depreciation under tax laws, are recognized, only if there is virtual certainty of its realization, supported by convincing evidence. Deferred Tax Assets on account of other timing differences are recognized only to the extent there is reasonable certainty of its realization.

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Mar 31, 2010

(a) ACCOUNTING CONVENTION: The Financial statements have been prepared in accordance with the historical cost convention and generally accepted accounting principles. A summary of the important accounting policies, which have been followed consistently, is set out below.

(b) FIXED ASSETS: Fixed Assets are stated at cost of acquisition inclusive of freight & incidental expenses less depreciation thereof.

(c) DEPRECIATION: Depreciation on owned Assets has been charged on straight line method as per rates and in the manner prescribed in Schedule-XIV of the Companies Act 1956. No Depreciation has been charged on additions of Rs. 22.12 lacs, on account of revaluation of the office premises during the year 1993-94.

(d) INVESTMENTS: Investments are valued at cost.

(e) REVENUE RECOGNITION:

(i) Income from consultancy and advisory services is accounted for on accrual basis.

(ii) In respect of other heads of income except dividends, the company follows the practice of accounting such income on accrual basis.

(iii) Sales and Purchase of the company consists of the sale and purchase of shares in the secondary market and has been accounted for on accrual basis.

(iv) All the expenses have been accounted for on mercantile basis.

(f) AMORTISATION OF MSCELLANEOUS EXPENSES: The Company amortizes preliminary expenses including public issue expenses over a period of ten years and other deferred revenue expenditure over a period of five years.

(g) DEFERRED TAX: Deferred Tax Liability is provided pursuant to Accounting Standard [AS-22]. Deferred Tax Asset and Deferred Tax Liability are calculated by applying tax rates an tax laws that have been enacted or substantively enacted by the Balance Sheet date. Deferred Tax Assets arising mainly on account of brought forward losses and unabsorbed depreciation under tax laws, are recognized, only if there is virtual certainty of its realization, supported by convincing evidence. Deferred Tax Assets on account of other timing differences are recognized only to the extent there is reasonable certainty of its realization.

(h) OTHER ACCOUNTING POLICIES: These are consistent with the generally accepted accounting policies.

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Mar 31, 2009

(a) ACCOUNTING CONVENTION: The Financial statements have been prepared in accordance with the historical cost convention and generally accepted accounting principles. A summary of the important accounting policies, which have been followed consistently, is set out below.

(b) FIXED ASSETS: Fixed Assets are stated at cost of acquisition inclusive of freight & incidental expenses less depreciation thereof.

(c) DEPRECIATION: Depreciation on owned Assets has been charged on straight line method as per rates and in the manner prescribed in Schedule-XIV of the Companies Act 1956. No Depreciation has been charged on additions of Rs. 22.12 lacs, on account of revaluation of the office premises during the year 1993-94.

(d) INVESTMENTS: Investments are valued at cost.

(e) REVENUE RECOGNITION:

(i) Income from consultancy and advisory services is accounted for on accrual basis.

(ii) In respect of other heads of income except dividends, the company follows the practice of accounting such income on accrual basis.

(iii) Sales and Purchase of the company consists of the sale and purchase of shares in the secondary market and has been accounted for on accrual basis.

(iv) All the expenses have been accounted for on mercantile basis.

(f) AMORTISATION OF MISC EXPENSES: The Company amortises preliminary expenses including public issue expenses over a period of ten years and other deferred revenue expenditure over a period of five years.

(g) PROVISION FOR TAXATION: Provision for taxation is computed as per total income returnable under the Income Tax Act, 1961.

(h) DEFERRED TAX: Deferred Tax Liability is provided.pursuant to Accounting Standard [AS-22]. Deferred Tax Asset and Deferred Tax Liability are calculated by applying tax rates and tax laws that have been enacted or substantively enacted by the Balance Sheet date. Deferred Tax Assets arising mainly on account of brought forward losses and unabsorbed depreciation under tax laws, are recognized, only if there is virtual certainty of its realization, supported by convincing evidence. Deferred Tax Assets on account of other timing differences are recognized only to the extent there is reasonable certainty of its realization.

(i) OTHER ACCOUNTING POLICIES: These are consistent with the generally accepted accounting policies.