ONLINE-TRADE-MANAGEMENT LTD.Liquidiert

ONLINE-TRADE-MANAGEMENT LTD.

Lauterbach (Hessen)

Jahresabschluss zum 31.12.2011

ONLINE-TRADE-MANAGEMENT LTD., Berkshire

Bilanz

Anhang

For the year ending 31/12/2011 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question an accordance with section 476.

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.

1. ACCOUNTING POLOCIES

Basis of accounting

There have been no changes in accounting policies during the year The accounts have been prepared under the historical cost convention and with the Financial Standard for Smaller Entities (FRSSE, effective April 2008).

The company has taken advantage of the exemptions in the Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds it is a small company.

Currency

The business of the company and its total transactions are cunducted exclusively in the currency of European EURO. Therefore all relevant information available as at 31/12/2011 had to be translated into British Pfund applying the exchange rate circulated by the Bank of England regarding the accounting reference date.

To the exent this report also includes accounts subject to reports filed with the Companies House of preceeding financial years this could lead to differences according to a change of exchange rates between the present and preceeding accounting reference dates. Where such differences occur they are explicitely shown in the report.

Turnover

Turnover comprises the value of sales excluding value added tax and trade discounts.

Intangible and tangible fixed assets and depreciation

The Company did not own assets within the respective accounting period to be depreciated.

3. LOSS PREVIOUS YEAR Total

Change in value due different exchange rates