AKA Development Ltd.Liquidated

AKA Development Ltd.

Siegburg

Jahresabschluss zum Geschäftsjahr vom 01.01.2012 bis zum 31.12.2012

Abbreviated Balance Sheet as at 31 December 2012

Notes to the Abbreviated Accounts for the period ended 31 December 2012

1 Accounting Policies

Basis of measurement and preparation of accounts

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

General Information:

The company was incorporated as AKA Development Ltd. with the Commercial Registry in Cardiff (No.05132538) on 19/05/2004. The registered office of the company in the UK is in 2 Old Brompton Road, Suite 675, London Kensington SW7 3DQ.

AKA Development Ltd. is moreover registered with the Commercial Registry of the District Siegburg (HRB 9553) on 20/11/2006. The company also has a plant location in 53721 Siegburg,

Germany. Its address is AKA Development Ltd., Industriestrasse 5,53721 Siegburg, Germany.

Turnover policy

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

Tangible assets depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided against cost over the estimates useful life of the asset.

Valuation information and policy

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 1.1602 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.

2 Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided against cost over the estimates useful life of the asset.

3 Called Up Share Capital

Allotted, called up and fully paid:

Andrzej Waliszewski
Held Shares: 15

Tadeusz Lach
Held Shares: 25

Tjark Ridder
Held Shares: 25

Uwe Schlink
Held Shares: 10

Sylwester Lach
Held Shares: 25

This document was delivered using electronic communications and authenticated in accordance with the registrar's rules relating to electronic form, authentication and manner of delivery under section 1072 of the Companies Act 2006.