Walter Junger & friends LTDLiquidiert

Walter Junger & friends Ltd

Berlin

Annual account for the year endet 31 December 2012

WALTER JUNGER & FRIENDS LTD, LONDON

Report of the Director and Unaudited Financial Statements for the Year Ended 31 December 2012 for

Walter Junger & Friends Limited

Company information for the year ended 31 December 2012

Report of the director for the year ended 31 December 2012

Principal Activity:

The principal activity of the company continues to be that of management consultant.

Directors

The director who served during the year was as follows:

W. Junger

Responsibilities of the director

The director is responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards an law). The financial statements are required by law to give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

select suitable accounting policies and then apply them consistently;

make judgments and estimates that are reasonable and prudent;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the company an enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved by the board an 17 June 2013 and has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

W. Junger - Director

Profit and Loss Account for the Year Ended 31 December 2012

Balance Sheet 31 December 2010

For the year ending 31 December 2012 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2012 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the director on 17/06/2013 and were signed by:

W. Junger - Director

Notes to the financial statements for the year ended 31 December 2012:

1.  Accounting policies

Accounting policies

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Cashflow statement

The Company has taken advantage of the exemption in Financial Reporting Standard No. 1 from requirement to produce a cashflow statement on the grounds that it is a small company.

Turnover

Turnover comprises the invoiced value of goods an services supplied by the company, net of Value Added Tax and trade discounts.

Deferred taxation

Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.

Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.

2.  Dividends

3.  Creditors: Amounts falling due within one year

4.  Share capital

5.  Profit and loss account