S.H. Boerse LimitedLiquidiert

S.H.BOERSE LIMITED

Bedburg

Jahresabschluss zum 31. Dezember 2013

Abbreviated Accounts 31 December 2013

Abbreviated Balance Sheet as at 31 December 2013

For the year ending 31 December 2013 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.

Notes to the Abbreviated Accounts for the period ended 31 December 2013

1 Accounting Policies

Basis of measurement and preparation of accounts

The abbreviated annual financial statements of S.H.Boerse Ltd. are prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE effective April 2008).

Turnover policy

Turnover represents the total invoice value from ordinary business, excluding value added tax, of sales made during the year. They are recognized in the accounting period in which they are earned in accordance with the realization principle.

Valuation information and policy

The company was incorporated as S.H.Boerse Ltd. with the Commercial Registry in Cardiff (No.07405495) on 13/10/2010. The registered office of the company in the UK is in 2 Old Brompton Road, Suite 675, London SW7 3DQ.

S.H.Boerse Ltd. is moreover registered with the Commercial Registry of the District Cologne (HRB 71441) on 26/01/2011. The company also has a plant location in 50181 Bedburg, Germany. Its address is S.H.Boerse Ltd., Lindenstrasse 42, 50181 Bedburg, Germany.

Other accounting policies

1.3 Currency

The abbreviated financial statements are presented in Euro, which is the functional currency of the company.

Foreign currency transactions are translated into the functional currency at the exchange rate of 1.2673 at the date of transaction. At balance sheet dates, monetary items are translated at the closing rate, and non-monetary items continue to be translated at the exchange rate at the date of transaction. Any resulting exchange rate differences are recognized in profit or loss.

The Profit of the Year

The Profit of the year of EUR 1,023.88 will be carried forward to the financial year 2014.

2 Creditors

3 Called Up Share Capital

Allotted, called up and fully paid: