1. Accounting policies

Basis of measurement and preparation of accounts

The financial statements are prepared under the historical cost convention, as modified by the previous revaluation of properties, in compliance with the provisions of the Companies Act 2006, the requirements of the Listing Rules of the Financial Services Authority and applicable United Kingdom Accounting Standards. Whilst the consolidated accounts have been prepared under IFRS,as required by European law, the Company’s accounts continue to be prepared under US GAAP as permitted.

Turnover policy

The turnover shown in the profit and loss account represents revenue generated through the businesse main trading activity (E-commerce Health Supplements exclusive of VAT. )

Tangible fixed assets depreciation policy

Tangible fixed assets are stated at cost or valuation less depreciation, where cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use. Depreciation is provided at rates calculated to write down the cost of all tangible fixed assets, except land, over their estimated useful lives on a straight line basis. The estimated average life for each major asset category is: l Freehold buildings - 40 years l Computers and office equipment - 3 years l Cars - 7 years l Plant and machinery - 7 years.

Intangible fixed assets amortisation policy

Intangible fixed assets are amortized over their estimated useful lives on a straight line basis. The estimated average life for each major asset category is: Internally Developed Software - 3 year Deferred Financing Taxes - 4 year

Other accounting policies

For the year ending December 2015, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit of its accounts for the year in question in 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.

2. Intangible assets

3. Tangible assets

4. Called up share capital

Allotted, called up and paid