Form 4 20 Rule 4 34-CVL The Insolvency Act 1986 S.95/99 Statement of Company's Affairs Pursuant to Section 95/99 of the Insolvency Act 1986 For offict al7 use mac To the Registrar of Companies Company Number 01277156 Name of Company (a) Insert full name of company (a) D & J Press (Harlow) Limited (b) Insert full name(s) I Richard Rones and address(es) Of ThorntonRones Limited 311 High Road Loughton Essex 1G10 1AH {c) Insert date the liquidator of the above-named company attach a statement of the company’s affairs as at 14 May 2013 Signed % Date ye fa Presenter's name, Jennifer Munday For Official Use address and reference (if any) Th orntonRones Limited Liquidation Section Post Room 311 High Road Loughton Essex G10 1AH < oa oe D> Bb < *A28NXBYQ" A26 18/05/2013 #243 COMPANIES HOUSE Rule 4 34-CVL Form 4 19 Statement of Affairs Statement as to affairs of D &J PRESS (HARLOW) LIMITED On 14 May 2013, the date of the resolution for winding up Statement of Truth | believe that the facts stated in this statement of affairs are a full, true and complete statement of the affairs of the above named company as at 14 May 2013 Full name many) FH ci Signed / Dated 44 bow [2 Appendix A D& J PRESS (HARLOW) LIMITED ESTIMATED STATEMENT OF AFFAIRS AS AT 14 MAY 2013 Notes Book Value Estimated to Realise £ £ £ £ ASSETS Assets specifically pledged Book Debts 62 682 59 634 Lloyds TSB Commercial Finance Ltd - Fixed Charge (inc Estimated Termination Fees) {88 524) (58 524) Surplus/(Deficit) 4158 1110 Assots not specifically pledged Surplus from Book Debts 4158 1110 Cash at Bank 5,380 5380 Cash in Hand 16 359 16 359 BOON Piant & Machinery 187 012 130 000 Fixtures & Fittings and Computer Equipment 3571 4000 Motor Vehicle 2250 3.000 Surplus/(Deficit) to Preferential Creditors 218 730 156 849 LIABILITIES Preferential Creditors Employee Entitlements - Arrears of Wages & Holiday Pay (10 681) (10 681) Net Assets 208 049 146 168 Less Prescnbed part (Section 176A Insolvency Act 1986) Available to Floating Charge Holder 208 049 146 168 Lloyds TSB Commercial Finance Limited - Floating Charge Surplus available to Unsecured Creditors 208 049 146 168 Presenbed Part - Brought Down Unsecured Creditors - Trade & Expense Creditors 118 861 118 861 AND H M Revenue & Customs 53 818 53 818 Employee Entitlements 156 975 156,975 Total Unsecured Creditors (329 654) (329 654) Estimated deficiency as regards unsecured creditors Tet 605) (185 468) Share Capital 100 Ordinary Shaye (100) Estimated total (183 586) —— Signature Date Hos] 1 NOTES TO ESTIMATED STATEMENT OF AFFAIRS D& J PRESS (HARLOW) LIMITED Book Debts The Book Value and details of the debt due to Lloyds TSB Commercial Finance ("LTSBCF"} have been supplied by LTSBCF The Estimated Realisable Value of the ledger has been reached after deduction of debts which have been disallowed by LTSBCF Cash at Bank and in Hand This represents the balance of funds held within the ThomtonRones Limited cent account and within the Company's Lloyds account Tangible Assets The Book Value has been taken from the accounts for the penod ending 30 September 2012 The Company s assets have been subject to a valuation by Independent agents Messrs AgentCite Limited itis from this valuation that the realisable values have been denved Employee Enttlements Final employee claims are estimated The Company's employees are entitled to claim for any wage arrears accrued holiday pay notice penod entitlement and redundancy payments Of these claims, wages up to £800 and ail holiday is preferential which means that these amounts have to be settled in full prior to any other unsecured clams Any remaining claim ranks equally with all other unsecured creditors Prescnbed Part/Lloyds TSB Commercial Finance Limited {(“LTSBCF”) As part of the provisions of the Enterpnse Act 2002 for all insolvencies after 15 September 2003 the Crown s preferential status as a creditor was abolished The policy is that the funds made available from the removal of the Crown s preferential status should flow to the unsecured creditors the act provides that a portion of the net property (the net assets othermse available for floating charge holders) should be set aside for unsecured creditors’ benefit Section 252 of the Enterpnse Act inserts a new section 176A into the Insalvency Act 1986 (IA 86)and provides that where a floating charge relates to property of a company that goes into liquidation administration provisional liquidation or receivership the office-holder must make a “prescnbed part” of the company s net property available to unsecured creditors (ie after taking into account any liability subject to a fixed charge any preferential debts and the costs of realising the company s property) This only apply to floating charges created after 15 September 2003 The level at which the prescnbed part will be calculated is as follows + The prescnbed minimum wil be set at £10 000 - 50% of the first £10 000 of net property . 20% of net property thereafter : Up to a maximum prescnbed part of £600,000 tn thts case whilst LTSBCF have a charge created after 15 September 2003 they are expected to be repaid in full under their fixed charge therefore no Prescnbed Part has been provided for within the above statement as it can only be deducted from Floating Charge distnbutions Trade & Expense Creditors A schedule of creditors (including ail trade & expense) 1s attached as Appendix B HM Revenue & Customs The debt to H M Revenue & Customs is broken down as follows £ VAT 26 745 October 2012 to Date PAYE 19 443 Month 11 & 12 - Tax Year 2012/13 CT 7 630 Year end 30/09/2012 53,818 Fees and Expenses In preparing the Statement of affairs no account was taken of the cost of holding meetings of members and creditors or the costs of kquidation The Company has agreed a fee of £6 500 plus VAT and disbursements in respect of assistance provided mn the preparation of the Statement of Affairs and In convening meetings of the Company's members and creditors 00 016'8 fdb HEM ‘WOpUuoy '}aaNg psopmesD 1Z Buiseyaing s2audlg c0dd € $6 HXL 84D ‘Aydsaed ‘aye}s3 leUjsnpul Walser Id IND SHd Odd 6 0v8'Z VW19 ENN ‘UO}dWeYWON ‘eq UOYNOW] ed UOYNOW BS0)/D UOISUeW ‘BSNOY UeWS|UNY agenaday sjunooy 05 sade 00d9 98 P6281 dOZ OZWO ‘xassq ‘MOLEH ‘AeMuaAry 5 }UN ‘asnoH Ys}psoMs paywr] ssadeg uapuaaQ 0009 86 SEZ AVE LEAD ‘xess3 UapIEM UOLYeS ‘HH aly “asno}H SMaupUy 1S skQUyoW £0WO 06 8€Z AQZ ZEdI “MONS ‘spuNWIPS Ig Aung ‘peoy prayjerd E ‘asMoH{ o1ydess) paywiy sjonposg aiydess AepAeyy ZOWD Ov ObP GAZ ELOS ‘SHAH ‘PlopiaH ‘aue] peayy pay] abejney smoyyeyy LOWS 68 2e€ X8S GLO ‘XOSSy ‘MOURH ‘SajeUUIG ALi ‘BdLlg YOLASIOH GL seouas ony Auopeyy OOWD Le 9€€ Vv 8ML “XPPIW ‘ProjUalg ‘192g UBIH 92-69 paw Ssaqiapiay yvOHD 00 pre’ OME OZIND ‘xessy ‘MOpe} ‘aueND aBayjog ‘suapues JajeAA SUL ‘BJUTD DIAID ‘S}yaUag Puke aNuaAsYy pounod MoLeH £0HOD O24 799 62 SPUBLAUION ‘Udanjaisuiy YX /BLL ‘QL UBEGUEIS ‘SUONNjOS Bulysiqng [e15Ig oBipuy paeyoed-yajmoH, ZOHD 22 656'2 Cz OZND ‘xessz ‘MOJeH ‘spjaya|dwa} peoy uyjnog ‘ayelsy aad) Jed Z) UN pay] suojeule] Xassy y SoH HOHO. 00 0¢9'2 Uae LNG Xassng ‘uojYybug quabuay || ‘asnoy uMOsD (19) swoisn 9 anusAay WH 90HD LL epp'6t HNE LAAN YOpUCT ‘peoy LoIsny 99Z ‘18M0) UOSNy (BAv¥d) swoysnd g enueAaY WH SOHO £9 prZ'9z 727 ‘}Oodsaar] ‘yoo suaeNd ‘AANE ‘uN AaAcoey jebaq ‘weal yig Aouanjosuy jenUeD (LWA) asiox3 9 SWOISND WH OOH 00 080'P 130 LEWD ‘xassq ‘moye} ‘uaalg Auaqinw 21-01 dsud sijeAy ssaicy 059 Or 062'€ SVS BLIND 'xassy ‘Moe ‘peoy 1aA0T ‘B0e|q [eNdeD C1 payiwr] QMO 0099 00 Sét S1h ENS ‘PIayua ‘puz ‘ssapuog ‘peoy |jepoony ‘a}2}S3 puy ungpay Zp HUN, SJBYSIULY JUL Pjayuy €030 00 vez P-Ly 11S ‘anysyieg ‘yBnojs ‘ayeis3 Gurpes) UBnoyg ‘anuaay aso.uoW Lob Wun) UONDs\O1g aul SSaidxQ 4049 00 282 NO PWD ‘xassq ‘poomuaig ‘auojsaje6uyy ‘aueq apApy apy] ‘Wey apAY BT YELL UN paw yn ssaidy aj6eQ 0039 bZ L€z USS 6ag ‘wiyseouey ‘uosay ‘Wed ssoulsng peoy paipurq ‘asnoyY Asieq Asieq $009 08 020'z GONG 0€dI '4ioYNS ‘spunupy 4S Aing ‘ajye}sy Jeujsnpuy WeyBnoy ‘une Apuny g pow) 2e1q iuelate) 0S 8€9 VOL LHY ‘Aauns ‘]1ypay ‘Aejy SS2oUuLg ‘asnoH JUespeNH ‘soueul4 ySd enbueg uas0ntg v099 6€ SOE'L N18 SNF “AUIYSpsopay ‘WUNYSaYD ‘jag YOOLGssO1D GZ paw] HOO £099 00 Zbb'b YVZ OZWO ‘xessy ‘mopeH ‘spjayajdwa, ‘peoy yINoS ¢z-pZ pay | 10Z Suaysiuly jug ajajdwoo z099 £9 Or9'Z 1S8 pGM ‘suay ‘A9jBueq sBury ‘IIH aSouwUg eg sbuly ZL paw pedsunojog 4099 00 861 POS Zby ‘UOpUoT ‘moysweYeM ‘aue] SsioUyoRIg ‘Weg ssauisng spue|dn OZ1 WN SUoYID 0099 06 €8b fV¥Z VL93 ‘vopuo) ‘Jean ajebmen 1g Id suCneoUNWUOSaea! USUG sogd 69 22g ZS1 BLT ‘auysiaysacia) ‘Aeny weyuad ‘Rd ADIN ‘apig AauuidS seg ysiqug £0do 06 €S1 LL 86HG ‘weung ‘asjued juawAeg auoydajaL Did SUOTEoUNWUODaIa| YSU 2089 SL 18% ZLE ZLdH ‘syONg ‘AaquICsAAA YBIH ‘xessalg ‘peoy UoNeUdIOD Pay] sadiAtes aseny eLIg 4089 v9 LOE L1S SEY ‘X8Ss3 ‘uopuax90 YINOS ‘anuaAy ajepsuy | NUN ‘asnoy juOWag payiwry Aipune7 juowjag 0089 08 ZpL 19S 6LIND ‘xessy ‘MOLE ‘sapeuUg sy! ‘SI2|q YOJOSsSIOH Aunoas annoy 90V9 00 00S") AHZ EZWD ‘SHPH ‘PsgjVOIS Sdoysig ‘ZELe XOG Od sJoJOW asnoyoiny pov 96 pee FL 297 ‘aulyssaysaoiey ‘ayjiajeog ‘ysanq ABA yusaqul 'asnoy Aemayesy pawwiry syeyuy £0vo 00.0¢2 ANS COD ‘xassy ‘sa]SEYyDI109 ‘peoy ease, ‘asno}H peng 99 pay] seovuag auNoINg apy cova €Z €6r'L XV6 SML ‘XPPIN ‘puojUaIg ‘PeOY ISAAA 1eAsD ‘say abeqUeA, paw Waeaas-eby bovd 00 vES NYO 6S ‘suaH 'psojBugung sy ‘UopuUeRS ‘Wey eH ashy YZ WU soiydeig 9 subig uosippy 00vo 3 ssouppy owen hey suojipasg Auedwos - g pay] (MojseH) SSald fF 8 py] seuoyuojwoy) £1 S962 00 $26°9S1 snoue,, syuawa)\Uy sahojdwy 2ged DAZ PLU ‘Aingman '6bS XOG Od BUOJEPOA, Z0AD 08 066'y AN9 0/3 ‘uopuo) ‘uojha7 ‘peoy sequel 6E4 ‘asno}H a1ydesBouweys pay yd, OAD 08 €91 OSZ OZND ‘xassy ‘Move ‘ABA, SIDI ‘9 UN, pay) Aejdsiq aniaq, 00AD 19 Lee D6 01d ‘ing ‘woyoqswey ‘9g1 xog Od ssasdxQ INL POld 9% bbz's Q1ag ‘soues ‘Aqieq ‘aaug UdAeID ISOM ‘WEY SSOUISNG UBABID ISAAA ‘BSNOH B21) YEO pay syo~y sdojaauzy ay) e019 00 BOL NZ ZNN ‘eulysuojdueyyoN ‘apeoy ‘peoy Propens Oo popu wunivosuey swosajet Z0L9 00 020'r XDEG POD ‘Xassy ‘Ja}SEYIIOD ‘We SsauIsNg selene ‘Aepy [@UTUG BUC SIKY pay] soiydes suesjouysa | 4019 Ov Ole TPS GLWO ‘xassy ‘Mope} ‘saoeuUt, ay) ‘a}e}sz (eUISNpUY| INOqeYPIOD O} HUN, pay suaqqes 001 01 9S TAL LAN ‘peayseyeg ‘snuany yyy ‘asnoy AO}IA ‘asjUaD peg peaysayesy SBOIAIAS JULYUSYY QUIWEANS £089 00 £6 TS} SW ‘xessg ‘playued 377 ‘peoy Psoy0}g ‘asnoH spjeyBunuNY paylwr] A6ojouysa) asuag waysks c0so 0s ve9 ZS BLD ‘xassy ‘MoLeH ‘peoy YoIas0H ‘sje]sq [euIsnpul AInquopsoy + pay peyy yaug yids hos 00 ¢90'F Aap 9NZ ‘SHIH 'AaUND ‘pedy susdos ‘ajed Aayyns ‘asnoy Aopeg pay jevbig sapeys 00so 62 79S GH? OLS7 JeISUNH ‘pecy ayijomog ‘asnoH Jeyelgig Auedwod puesjany wbry 0049 00 882 Oz ZZWO “SHOH ‘UIESH PISWIEH ‘peoy puoyois ‘senjseg YBIH € UN alyod 2£0d9 00 09€ NHS 9Z3S ‘vopuo7 ‘weyuapig ‘peoy Jaa, C2 pawn winsuug 90d9 96 82 WZ OLD! ‘Xessy ‘Uo}Yybn07 ‘suey Asopey 0} ‘SOM ICH BYL SUBg SSUd $0d9 6S pZ9'L XOv LOS ‘suaH ‘abeuanalg ‘ayeISg JELISNPU U9AJD Ulg ‘peoy UOYNOG 9z-~z ‘Z WU] PayWI] sYaPaAUOD ade sIIWS14 v0dd SL LSo'L dvi g2g ‘weySuiuuig ‘yjomury ‘peoy Aungsbury weg jwiodpiy pay] dnoss sade Jawai £0d9