HayHill.Net Ltd.

HayHill.Net Limited Niederlassung Deutschland

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HayHill.Net Ltd.

Jahresabschluss zum Geschäftsjahr vom 25.08.2009 bis zum 31.12.2010

Contents

Certification

The current annual accounts have been compiled by me an the basis of the accounts maintained by me, the confirmatory documentation provided and the information provided by the client

An assessment of the accuracy of this documentation and the information provided by the company was not the object of my commission

Company Information

Director's Report

The director presents his report and accounts for the year ended 31st December 2010

Principle Activities

The company's principle activity during the year continued to be the office-, IT-, communication services and providing

Director

The director who served during the year and his interests in the spare capital of the company was as follows:

Political and Charitable Donations

During the year, the company made no political or charitable contributions.

Small Company Special Provisions

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

This report was approved by the Board on

BALANCE SHEET at 31 December 2010

ASSETS

For the year ending 31/12/2010 the company was entitled to exemption from audit 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 accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime

1 Accounting Policies

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

Turnover

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives, as follows:

Deferred Taxation

Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes Deferred taxation in calculated on an undiscounted basts at the tax rates which are expected to apply in the periods when timing differenced will reverse.

PROFIT AND LOSS ACCOUNT from 25.08.09 to 31.12.10

Turnover and operating profit derive wholly from continuing operations.

There were no recognised gains and losses for both years other than Chose included in the profit and loss account.

The notes on Pages 5 to 7 form part of these financial statements.