the bang europe Limited

Köln

Befreiender Jahresabschluss gem. §325 a HGB zum Geschäftsjahr vom 25.10.2013 bis zum 31.12.2013

ABBREVIATED BALANCE SHEET as at 31/12/2013

THE BANG EUROPE LIMITED, Birmingham

		As at 31.12.2013		As at 25.10.2012
	Note	€	€	€	€
Called up share capital not paid		0,00	0,00	0,00	0,00
Fixed Assets
Intangible Assets		0,00		0,00
Tangible fixed Assets	2	0,00		0,00
Investments		0,00		0,00
		0,00	0,00	0,00	0,00
Current Assets
Stocks		0,00		0,00
Debtors & other items of property: amounts falling due within one year		1.077,11		0,00
Investments		0,00		0,00
Cash at bank and in hand		1.150,11		0,00
		2.227,22	2.227,22	0,00	0,00
Payments and accrued income		0,00		0,00
Creditors: amounts falling due within one year		-325,28		0,00
Net Current Assets (liabilities)		1.901,94	1.901,94	0,00	0,00
Total Assets Less Current Liabilities			1.901,94		0,00
Debtors & other items of property: amounts falling due after more than one year			0,00		0,00
Creditors: amounts falling due after more than one year			-8.121,32		0,00
Provisions for liabilities and charges			-250		0,00
Accruals and deferred income			0,00		0,00
Untaxed reserves			0,00		0,00
			-6.469,38		0,00
Financed by:
Capital and Reserves (Government Funds)
Called up share capital	3	120,00		0,00
Share premium account		0,00		0,00
Other reserves		0,00		0,00
Retained earnings / Accumulated losses brought forward		0,00		0,00
Profit and loss account		-6.589,38	-6.469,38	0,00	0,00
Shareholder`s Fund			-6.469,38		0,00

The director consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477(2) of the Companies Act 2006 and members have not required the company to obtain an audit of its accounts for the year in question in accordance with sections 476 of the Act. The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Companies Act 2006, and for preparing financial statements which give a true an fair view of the state of affairs of the Company as at 31/12/2013 and of its profit for the year then ended in accordance with the requirements of section 393, and which otherwise comply with the requirements of the Act relating to the financial statements so far as applicable to the company.

The abbreviated accounts which have been prepared in accordance with the special provisions 31/12/2013 and signed on its behalf.

Mihail Berlant, Director

The notes on pages 4 to 5 form part of these financial statements.

NOTES TO THE ABBREVIATED ACCOUNTS For the year ended 31.12.2013

1. ACCOUNTING POLICIES

1.1. Basis of preparation of financial statements

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the German tax law.

1.2. Cash flow

The financial statements do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirement to prepare such a statement under the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.3. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, exclusive of Value Added Tax

1.4. Foreign Currencies

All figures are reported in Euro.

1.5. Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant and machinery	0,00	%
Motor vehicles	0,00	%
Furniture, fittings and equipment	0,00	%

2. TANGIBLE FIXED ASSETS

Cost or Revaluation	€
At 25/10/2012	0,00
Additions	0,00
Disposals	0,00
Transfers	0,00
At 31/12/2013	0,00
Depreciation
Charge for the year	0,00
On disposals	0,00
At 31/12/2013	0,00
Net book value
At 31/12/2013	0,00

3. SHARE CAPITAL

	€
Authorised
120 Ordinary shares of Eur 1 each	120,00
Allotted, called up and fully paid
120 Ordinary shares of Eur 1 each	120,00

Michele de Marco Limited