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| LANDMARK SPINNING INDUSTRIES LTD. | ||||||||||
| PERIOD ENDED 30TH SEPTEMBER 2006 | ||||||||||
| 1 | SELECTED EXPLANATORY NOTES TO THE ACCOUNTS | |||||||||
| 1.1 | These interim accounts have been prepared in accordance with the requirements of International | |||||||||
| Accounting Standard- 34 (IAS-34) "Interim Financial Reporting" and being submitted to Shareholders | ||||||||||
| as required under section 245 of the Companies Ordinance, 1984. | ||||||||||
| 1.2 | The accounting policies adopted for the preparation of these accounts are the same as | |||||||||
| those applied in the preparation of the accounts for the preceding Year ended | ||||||||||
| June 30,2006. | ||||||||||
| 1.3 | No Depreciation on Assets except a Hut at Sandspit ( Lease hold) and Vehical has been | |||||||||
| charged during the period as their has been no production activity during the period under review | ||||||||||
| 2 | GENERAL | |||||||||
| 2.1 | These financial statements were authorized for issue on October 27, 2006 by the Board of Directors | |||||||||
| of the Company. | ||||||||||
| 2.2 | Figures have been rounded off to the nearest of Rupee. | |||||||||
| Akber Ali Hashwani | Amin A.Hashwani | |||||||||
| Chief Executive | Director | |||||||||
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