1A-Werkteam Ltd.Liquidiert

1A-WERKTEAM LTD

Freiburg im Breisgau

Financial statements for the Period ending 31/12/2012

Company No. 5993154 (UK)

Company information

Company

Director(s)

Secretary

Director´s report for the period ended 31. December 2012

Activities

The activities of the company have continued successfully. We followed the plan to establish handcraft services.

We moved our workshop to a community of carpenter and joiners. This started in October 2011 an was finished in May 2012. The address of the firm will continue, the workshop is now at Schopfheimerstraße 2, 79115 Freiburg, Germany.

Review of developments and future Prospects

We are looking forward to run up with our special handcraft services. Our aim is to create and sell more furniture. We succeeded in acquiring new clients for handcraft services, some fine furniture of wood were build and sold.

Directors and their interests

The ordinary shares of the company are hold from the beginning to the end of the period:

1000 shares of 1 £ (Stefan Kepper from the foundation on 9 nov. 2006)

Statement of directors responsibilities

The Director(s) take over all responsibility for the correct leading and declarations of the company.

Auditors report

(no report, see at the end of "blance of accounts")

Notes for the financial statements

Going concern

The balance sheet shows an increasing turnover, our work in kooperations is inceasing. We employed one person for a few hours a week. This person will leave the company next month to start a new existence in an other village. We will think about employing someone for a few hours a week again. We do have problems because of a personal mistake of the director who lost overview for a while in concern of the publishing of the right accounts at the right time for the year 2009 for the german "Registergericht". That mistake could cost the company a financial punishment (in 2013) of 2500,- €.

Deferred taxation

As there is only a small win, there is little taxation to be expected from the so called german "Gewerbesteuer", it will be 15% from the win.

Work in Progress

Actually we work mainly on divers handcraft orders. We are having work fix for about two weeks.

Accounting convention

The financial statements have been prepared under the historical cost convention.

Pensions

There are no pension obligations to be paid by the company.

Directors remuneration

As the articles of association say:

"For their advisory, managing and organizational activities the directors shall generally receive an expense allowance (fee) only from the profits of the Company. (..)"

There were fees paid during the period for the administration services of the director of 1415,17 Euro.

Profit and Loss 2012

Balance of accounts 2012

ASSETS

For the year ended 31 december 2012, the company was entitled to exemption under section 477(2) of the Companies Act 2006. No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for: i) Ensuring the company keeps accounting records which comply with section 386; and ii) Preparing accounts which give a true and fair view of the state of affairs of the company as at the end of its profit and loss for the financial year in accordance with section 393, and which otherwise comply with the requirements of the Companies Act relating to accounts so far as applicable to the company.