German Project Limited
Landshut
Abbreviated Accounts 31 December
2009
Abbreviated Balance Sheet as at 31 December 2009
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31/12/2009
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31/12/2008
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Notes
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€
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€
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€
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€
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Fixed assets
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Tangible
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3
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12,148
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11,968
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Total fixed assets
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12,148
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11,968
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Current assets
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Debtors
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2,264
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2,095
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Cash at bank and in hand
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2,168
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4,367
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Total current assets
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4,432
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6,462
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Creditors: amounts falling due within one
year
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(54,136)
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(32,145)
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Net current assets (liabilities)
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(49,704)
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(25,683)
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Total assets less current liabilities
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(37,556)
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(13,715)
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Provisions for liabilities and charges
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(1,500)
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(1,500)
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Total net assets (liabilities)
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(39,056)
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(15,215)
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Capital and reserves
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Called up share capital
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1,000
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1,000
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Profit and loss account
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(40,056)
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(16,215)
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Shareholders funds
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(39,056)
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(15,215)
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a) For the year ending 31
December 2009 the company was entitled to exemption
from audit under section 477(2) of the Companies
Act 2006 relating to the small companies regime
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b) The members have not
required the company to obtain an audit of in
accordance with section 476 of the Companies Act
2006
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c) The directors acknowledge
their responsibility for:
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i) ensuring the company keeps
accounting records which comply with Section 386;
and
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ii) preparing accounts which
give a true and fair view of the state of affairs
of the company as at the end of the financial year,
and of its profit or loss for the financial year,
in accordance with the requirements of section 393,
and which otherwise comply with the requirements of
the Companies Act relating to accounts, so far as
is applicable to the company.
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d) These accounts have been
prepared in accordance with the provisions
applicable to companies subject to the small
companies regime.
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Approved by the board on:
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27 September 2010
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And signed on their behalf
by:
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Alina Geldner, Director
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Notes to the
abbreviated accounts
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1 Accounting policies
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The accounts have been prepared
under the historical cost convention and in
accordance with the Financial Reporting Standard
for Smaller Entities effective June 2002
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Depreciation
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Depreciation has been provided
at the following rates in order to write off the
assets over their estimated useful lives.
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Cars
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33.33
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%
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Straight Line
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Fixtures and Fittings
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20.00
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%
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Straight Line
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2 Exchange rate
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0.8885
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3 Tangible fixed assets
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Cost
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€
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At 31 December 2008
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14,377
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additions
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5,823
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disposal
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revaluations
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transfers
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At 31 December 2009
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20,200
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Depreciation
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At 31 December 2008
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2,409
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Charge for year
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5,643
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on disposals
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At 31 December 2009
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8,052
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Net book value
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At 31 December 2008
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11,968
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At 31 December 2009
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12,148
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4 Transactions with directors
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5 Related party disclosures
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