Novation Holdings Inc - FORM 8-K - EX-99 - UNAUDITEDS FINANCIAL STATEMENTS FOR LA CASITA DE LOS NINOS FOR 12-31-2011 AND 2010.

file	filename
8-K - FORM 8-K 12-6-2012 - Novation Holdings Inc	f8k12102012casitaacquisition.htm
EX-4 - CERTIFICATE OF DESIGNATIONS FOR SERIES A PREFERRED - Novation Holdings Inc	certificateofdesignationpref.htm
EX-10 - ACQUISITION AGREEMENT DATED 11-29-2012 - Novation Holdings Inc	immersionhouseelanhealthacqu.htm

Casita de los Ninos, LLC

Balance Sheets

Years ended December 31, 2011 and 2010

(Unaudited)


					12/31/2011	12/31/2010
ASSETS
	Current Assets
		Checking/Savings			(61)	1,223
		Accounts Receivable			1,677	0
	Total Current Assets				1,616	1,223
TOTAL ASSETS					1,616	1,223
LIABILITIES & EQUITY
	Liabilities
		Current Liabilities
			Accounts Payable		2,317	0
			Credits cards		8,128	6,793
			Other Current Liabilities
				Payroll Taxes Payable	0	692
			Total Other Current Liabilities		0	692
		Total Current Liabilities			10,445	7,484
	Total Liabilities				10,445	7,484
	Shareholders' Equity
		Members Equity			(26,601)	(136)
		Owners Draw
			Cash		25,547	16,084
			Home Equity		4,100	4,100
			Household		(2,247)	(743)
			Medical		(475)	(475)
			Opening Balance Equity		1,374	1,374
		Total Owners Draw			28,298	20,339
		Net Income			(10,526)	(26,465)
	Total Equity				(8,829)	(6,262)
TOTAL LIABILITIES & EQUITY					1,616	1,223

Casita de los Ninos

Statement of Operations

Years ended December 31, 2011 and 2010

(Unaudited)


					2011	2010
	Ordinary Income/Expense
			Income
				Fee Income	56,618	35,374
			Total Income		56,618	35,374
		Gross Profit			56,618	35,374
		Geberal and Administrative Expenses			67,144	61,839
		Net Ordinary Income			(10,526)	(26,465)
	Other Income/Expense
		Other Income
			Interest		0	0
		Total Other Income			0	0
	Net Other Income				0	0
Net Income					(10,526)	(26,465)

Novation Holdings Inc - FORM 8-K - EX-99 - UNAUDITEDS FINANCIAL STATEMENTS FOR LA CASITA DE LOS NINOS FOR 12-31-2011 AND 2010. - December 11, 2012