PRV & COMPANY
CHARTERED ACCOUNTANTS
CA INDEPENDENT AUDITOR'S REPORT
LIMITED
BLISSCLUB FITNESS PRIVATE
To the Members of
Financial Statements
Report on the Audit of the
Opinion
LIMITED, which
We have audited the financial of BLISSCLUB FITNESS PRIVATE
statements
statement ofprofit and loss for the period
then
comprise the balance sheet as at 31st March 2021, and the
and notes to the financial statements, including a summary of significant accounting
policies and
ended,
other explanatory information.
to us, the
In our opinion and the best of our information and according to the explanations given
to
2013 in the manner
aforesaid financial statements give the information required by the Companies Act,
so required and give a true and fair view in conformity with the accounting principles generally accepted
in India, of the state of affairs of the Company as at March 31, 2021, and its profit for
the period ended
on that date.
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section
143(10) of the Companies Act, 2013. Our responsibilities under those Standards are further described in
the Auditor 's Responsibilities for the Audit of the Financial Statements section of our report. We are
independent of the Company in accordance with the Code of Ethics isued by the Institute of Chartered
Accountants of India together with the ethical requirements that are relevant to our audit of the financial
statements under the provisions of the Companies Act, 2013 and the Rules thereunder, and we have
fulflled our other ethical responsibilities in accordance with these requirements and the Code of Ethics.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for
our opinion.
Information other than the financial statements and auditors' report thereon
The Company's Board of Directors is responsible for the other information. The other infommation
comprises the information included in the Board's report but does not include the financial statements
and our auditor's report thereon.
Our opinion on the financial statements does not cover the other information and we do not express any
form of assurance conclusion thereon.
In connection with our audit ofthe financial statements, Our responsibility is to read the other information
and, in doing so, consider whether the other information is materially inconsistent with the financial
statements or our knowledge obtained in the audit or otherwise appears to be materially misstated.
artered
No.610, 3" Floor, 80 Feet Road, 6" Block, Koramangala, Bangalore-560 095
Tel: 080-4154 0282, e-mail:
[email protected]@prvandcompany.com
of this other
material misstatement
conclude that there is a
based on the work we have performed, we
If in this regard.
required to report that fact. We have nothing report
to
are
information, we
the Financial
Governance
for
of Management and Those Charged with
Responsibilities
Statements
of the
matters stated
in section 134(5)
Directors is responsible for the that give
The Company's Board of financial statements
with respect to the preparation these of cash flows
Companies Act, 2013 ("the Act") (changes in equity) and
performance,
true and fair view of the
financial position, financial in India, Including ne
a
generally accepted
accordance with the accounting principles also includes
of the Company in the Act. This responsibility
under section 133 of the Act for
accounting Standards specified with the provisions of
records in accordance and other
maintenance of adequate accounting and detecting frauds
and for preventing judgments and
assets of the Company
safeguarding of the accounting policies; making
irregularities; selection
and application of appropriate and maintenance
of adequate
and design, implementation
reasonable and prudent; and completeness
estimates that are
for ensuring the
accuracy
effectively s t a t e m e n t s that
that w e r e operating of the financial
internal financial controls, and presentation
relevant to the preparation fraud or erTor.
of the accounting records, whether due to
misstatement,
from material
fair view and a r e free
give a true and Company's
for assessing the
of Directors is responsible
the Board c o n c e r n and
In preparing the
financial statements, matters related to going
as applicable, the
concern, disclosing, intends to liquidate
as a going Directors either
ability to continue unless the Board of
c o n c e r n basis
of accounting
using the going alternative but to do so.
no realistic
or to operations, or has
cease
Company
financial reporting process.
the Company's
Directors are also responsible for overseeing
The Board of
Financial Statements
Responsibilities for the Audit of the
Auditor's
statements as a whole are
reasonable a s s u r a n c e
about whether the financial
to obtain that
Our objectives are
due to fraud or error, and to issue an auditor's report
misstatement, whether that an
free from material level of assurance, but is not guarantee
a
Reasonable assurance is a high exists.
includes our opinion. detect a material misstatement when it
accordance with SAs will always
audit conducted in considered material if, individually
or in the
arise from fraud or error and are
can taken on the
the economic decisions of users
Misstatements
could reasonably be expected to influence
aggregate,they
statements.
basis of these financial
with SAs, we exercise professional judgment and maintain professional
in accordance
As part ofan audit
the audit. We also:
skepticism throughout
the financial statements, whether due to
mistatement of
and assess the risks of material
ldentify obtain audit evidence
and perform audit procedures responsive to those risks, and
fraud or error, design
basis for our The risk
opinion. detecting a material
of not
that is sufficient and appropriate to providea
resulting
than for one from error, as fraud may involve
misstatement resulting from fraud is higher
omissions, misrepresentations, or the override of internal control.
collusion, forgery, intentional
ored
Obtain an understanding of internal control relevant to the audit in order to design audit procedures
thatare appropriare in the circumstances. Under section 143(3X) o f the Companies Act, 2013, we a r
Tor expressing our opinion on whether the company has adequate internal financla
also responsible
controls system in place and the operating effectiveness of such controls.
co
or a c c o u n g
Evaluate the appropriateness of accounting policies used and the reasonableness
estimates and related disclosures made by management.
basis of accounting
on the appropriateness of management's use of the going concern
COncude
material uncertainty
exists related
to events
or
the audit evidence obtained, whether a
and, based on
ability to continue
as a going
concerm.
1
significant doubt on the Company's repOrt
conditions that may cast
attention in our auditor s
material uncertainty exists, required to draw
we are to modify our
that a
disclosures are inadequate,
we conclude
financial statements or, if such auditor's report.
to the related disclosures in the date of our
evidence obtained up to the
audit
Our conclusions are based on the
concerm.
opinion. continue as a going
cease to
cause the Company to
However, future events or conditions may
statements, including the
structure and
content of the financialevents in a
Evaluate the overall presentation, transactions and
the underlying
statements represent
whether the financial
disclosures, and
manner that achieves fair presentation.
scope
matters, the planned
among other
governance regarding, deficiencies in
intermal
those charged with
We communicate with significant
significant audit findings, including any
audit and
and timing of the
our audit.
control that we identify during
relevant
statement that we
have complied with
with a
other
those charged with all relationships and
governance
We also provide communicate with them
and to related
ethical requirements
regarding independence, and where applicable,
bear on our independence,
to those
reasonably be thought we determine
matters that may
communicated with
those charged with governance,
current period and
the matters statements of the
safeguards. From in the audit of the financial
of most significance unless law or
matters that were
describe these matters
in our auditor's report
matters. We we
are therefore
the key audit matter or when, in extremely
rare circumstances,
disclosure about the of
regulation precludes public be communicated in our report
because the adverse consequences
matter should not benefits of such
communication.
determine that a the public interest
to outweigh
reasonably be expected
doing so would
Other Legal and
Regulatory Requirements
on
Report
issued by the Central
the Companies (Auditor's
Report) Order, 2016 ("the Order"),
1.As required by sub-section (1 l) of section 143
of the Companies Act, 2013, is not
of India in terms of
Government
have no reports or comments.
hence we
applicable to this company,
Act, we report that:
2. As required by Section 143(3) ofthe
information and explanations which to the best of our knowledge
and obtained all the
(a) We have sought
for the purposes of our audit.
and belief were necessary
Mgalore
ered
the opay
law have been kept by
In our opinion, proper books of account as required by
examination of those books.
it appears from
our
this Report are in agreement
Sheet and the Statement of Profit and
Loss dealt with by
(c) The Balance
with the books of account.
statements comply with
the Accounting Standards specified
opinion,
In our the aforesaid financial
(d) (Accounts) Rules, 2014.
under Section 133 Act, read with Rule 7 of the Companies
ofthe
as on 31stMarch, 2021 taken
from the directors
(e) On the basisthe written representations received
of as on 31st March, 2021 from
on record by the Board of Directors, none
of the directors is disqualified
Act.
being appointed as a director in terms of Section 164(2) of the
than Rs.50 Crores and
last audited financial statements is less
(1) Since the Company's turnover as per
the period is less than Rs.25
and financial institutions at any time during
ts borrowings from banks the
an audit opinion
with respect to the adequacy of
Crores, the Company is exempted from getting effectiveness of
controls financial reporting of the company and the operating
internal financial over
such controls vide notification dated June 13, 2017;
in accordance with Rule 11
(8)With respectto the be included in the Auditor's Report
othermatters to information
in our opinion and to the best of our
of the Companies (Audit and Auditors) Rules, 2014,
and according to the explanations given to
have any pending litigations which would impact its financial position.
a. The Company does not
contracts including derivative contracts for which
b. The Company did not have any long-term
losses.
there were any material foreseeable
Investor Education and
c. There were no amounts which were required to be transferred, to the
Protection Fund by the Company.
d. The reporting on disclosures relating to Specified Bank Notes is not applicable to the Company
for the period ended March 31, 2021.
For PRV AND COMPANY
Chartered Accountants
Firm Registration Number: 011669S
(Bangalore
Vad K Char
VINOD KUMAR.D A
itereo
Partner
Membership no.:219471
Place: Bengaluru
Date: 29/11/2021
UDIN: 21219471AAAADU3462
