Form 4 20 Rule 4 34-CVL The Insolvency Act 1986 “er S.95/99 Statement of Company's Pursuant to Section 95/99 of the Insolvency Act 1986 For official use To the Registrar of Companies Company Number ooSSSi4S Name of Company (a) Insert full name of company (@) Gerese VY cummimS Limited CSU TE of> Northpoint (b) Insert full name(s) ire (b) Yorkshire Chambers and address(es) 118 Pilgnm Street Newcastle upon Tyne NE1 6S8G (c) insert date the liquidator(s) of the above-named company attach a statement of the company’s affairs as at (c) 2t\be\\S sores SENN ses one ale S Presenter's name, address and reference (if For Official Use any) Liquidation Section Post Room Ag , 30/04/2015 COMPANIES HOUSE Rule 4 34-CVL Form4 19 ~ Statement of Affairs Statement as to affairs of George V Cummins Limited on 24April 2015 being a date not more than 14 days before the date of the resolution for winding up _~ Statement of truth I believe that the facts stated in this Statement of Affairs are true. Full name Ian Reichard Address 10 Ashdale Court, Roker, Sunderland SR6 9SZ syncs an (Lou! Dated 24 April 2015 George V Cummins Limited Directors’ Statement of Affairs on 24 April 2015 Book, Estimated, value to realise) £ £ Assets subject to fixed charge Leasehold property at 26 Sedling Road, Wear Ind Est NE38 9BZ 103,065 80,000. Less: Due to Mr G V Cummins and Mr M Stubbs (436,874) (436,874), jDeficiency as regards Fixed Charge Holders ranking equally (333,809)| (356,874); T ‘Assets subject to floating charge | 'G V Cummins Limited 956,266; |Book debts 125,000] 100,000! |Motor vehicle 2,000 2,000: ‘Cash at Bank 30,000! 30,000! Estimated total assets available for preferential creditors 1,113,266! 132,000' {Preferential creditors ‘Employees related claims - holiday pay (5,000) Surplus as regards preferential creditors 127,000 Estimated prescribed part of net property where applicable (c/f) (23,400}| | Estimated total assets available for floating charge holders 103,600 \Debts secured by floating charges Mr G V Cummins and Mr M S Stubbs (356,874) Deficiency of assets after floating charges (253,274) | 'Estimated prescribed part of net property where applicable (b/d) 23,400 ‘Total assets available to unsecured creditors 23,400 Unsecured non-prefrential claims (exc shortfall to floating charge holder) (111,207) Employee related claims - redundancy and pay in lieu (75,000) Deficiency as regards non-preferential creditors (87,807)| Shortfall to floating charge holders (b/d) (253,274)| Deficiency as regards floating charge creditors ‘ (341,081): ‘Issued and called up share capital (1,500): |Deficiency as regards members (342,581); lan Riechard 24-Apr-15 GT-Ady-9z pueyrIaly uel es ee 00s'T 796 SEAN JE9M B QUAL ‘UOIdUIYseMM ‘d}eISJ |eUYSN PU! Jean ‘peoy Suypas 97 payiwity suming Ad Surppoyaseys ssesppy| awen ssapjoyaseys palur suming A 321035 GT-Ady-7z pueysaiy we} v6 90Z‘TTT ze'py 9399 TMD amar9 ‘aAiig [3H ed pjesay ‘a2jUaD pued0InyA s}and in oot | d0€ ZEIN Mower ‘peoy IIA) Buijjoy ‘asnoyH UsOYWMeH Jinuno> aisauA) YyyNnos 02 vIT d80 £ZIN SUAL uadn ajseaman ‘JUaWO]|'¥ ISM ‘PISYYIESH OZ Suipeyy SSe[D ST 6881p DSS INZ3a UOPUN] ‘snap Aingsuly TE ‘asnoy Aungstes ‘Aili, 42424 0/9 seg ysiug o0'oeL'vE ZZ7 864N aud, UOdN ajseamany ‘UOJUdgsUNT ‘malA Wed UOJUa ‘NHI 13 JYWH To'892'6T ZZ1 86IN BUA, Uodn ajjseaman ‘UoJUagsU0T ‘Mal, 442d UOIUAG ‘NHI JAVd DUA 20 p2t'9s 277 864N GUA, UOdN ayjseamay ‘uojUaqsu0}7 ‘malA eg UOJ ‘NHI AVA JYINH ssauppy| aquasajay, awey nel (saqed payauu0d ‘salqyyn ‘sayes “Wea/aded suusy ‘ssanddns apes} durpnyoul) ssoypasy Auedwia pozwui] surmuun> A asuoay