MORYSON CONSULTING LTD.

MORYSON CONSULTING LTD

Essen

Jahresabschluss zum 20. Februar 2011

Company Registration Number: 05370503 (England and Wales)

Start date: 21st February 2010 End date: 20th February 2011

Contents of the Financial Statements for the Period Ended 20th February 2011

Company Information for the Period Ended 20th February 2011

Directors' Report Period Ended 20th February 2011

The directors present their report with the financial statements of the company for the period ended 20th February 2011

Principal activities

The principal activity of the company in the period under review was: Trading

Directors

The directors shown below have held office during the whole of the period from 21st February 2010 to 20th February 2011

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on 30 August 2011 And Signed On Behalf Of The Board By:

Name: Ursula Moryson

Status: Director

Profit and Loss Account for the Period Ended 20th February 2011

The notes form part of these financial statements

Statement of total recognised gains and losses 20th February 2011

Statement of total recognised gains and losses

The company does not have any gains and losses other than Profit and Loss for the period to report.

Balance sheet As at 20th February 2011 Notes 2011

The notes form part of these financial statements

For the year ending 20 Februar 2011 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 in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 30 August 2011

SIGNED ON BEHALF OF THE BOARD BY:

Name: Ursula Moryson

Status: Director

The notes form part of these financial statements

Notes to the Financial Statements for the Period Ended 20th February 2011

1. Accounting policies

Basis of measurement and preparation of accounts

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities

Turnover policy

The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT

Tangible fixed assets depreciation policy

Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. Freehold buildings -2% on cost or revalued amounts, Plant and Machinery -15% on cost, Fixtures and fittings -10% on cost, Motor vehicles -25% on cost.

Intangible fixed assets amortisation policy

Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives, not to exceed twenty years. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Valuation information and policy

Stocks and work -in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Other accounting policies

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability. Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease. Research and Development Expenditure on research and development is written off in the year in which it is incurred.

2 . Turnover

All turnover took place in Germany.

3. Called up share capital

Allotted, called up and paid

4. Profit and loss account 2011