Form 4.20 Rule 4 34 - CVL The Insolvency Act 1986 Statement of Company's Affairs Pursuant to section 95/99 of the Insolvency Act 1986 For Official Use To the Registrar of Companies Company Number 01854105 Name of Company Minister Racing Engines Limited Aiwe Mark Newman Vincent John Green Jaeger House Jaeger House 5 Clanricarde Gardens 5 Clanricarde Gardens Tunbridge Wells Tunbridge Wells Kent TN1 1PE Kent TN1 1PE the fiquidator(s) of the above named company atiach a statement of the company affairs as at 22 February 2012 Signed AN Date 22 February 2012 a CCW Recovery Solutions LLP COMPANIES HOUSE Jaeger House 5 Clanricarde Gardens Insolvel Tunbridge Wells Kent TN1 1PE 405 *A13QGNHM" Ref MINOO001/MN/VJG/CP/LG , 29/02/2012 #350 Software Supplied by Turnkey Computer Technology Limited Glasgow "Rule 4 34-CVL Form 4 19 Statement of Affairs _ Statement as to affairs of Minister Racing Engines Limited on the 22 February 2012 the date of the resolution for winding up Statement of truth | believe that the facts stated in this Statement of Affairs are true coe Oa VUE Full Name GeAuAW Gul Late. Dated 22. b | rel Minister Racing Engines Limited Statement Of Affairs as at 22 February 2012 A- Summary of Assets Estimated to Assets Book Value Realise : £ £ Assets subject to fixed charge: Goodwill NIL 5,000 00 Barclays Bank plc (10,946 22) Deficiency c/d (5,946 22) Barclaycard Commercial (5,722 74) Deficiency c/d (5,722 74) Assets subject to floating charge. Uncharged assets: Plant & Machinery 11,797 50 35,250 00 Fixtures & Fittings 2,035 50 475 00 Motor Vehicle and trailer 2,236 50 7,500 00 Stock - Engines and parts NIL 2,500 00 Work in progress (2 engines) 5,500 00 5,500 00 Book Debts 13,543 35 13,084 84 Cheques held 4,834 23 4,834.23 Miscellaneous refund 109 11 109 11 Estimated total assets availabile\for preferential creditors 69,253 18 Signature Date 22-2 po. Minister Racing Engines Limited Statement Of Affairs as at 22 February 2012 A1 - Summary of Liabilities Estimated to Realise £ Estimated total assets available for preferential creditors (Carried from Page A) 69,253 18 Liabilities Preferential Creditors - Minister Int Ltd - Directors wages 1,600 00 Minister Int Ltd - Staff wages 3,200 00 4,800 00 Estimated deficiency/surplus as regards preferential creditors 64,453 18 Debts secured by floating charge pre 15 September 2003 Deficiency b/d 11,668 96 52,784 22 Other Pre 15 September 2003 Floating Charge Creditors Nii 52,784 22 Estimated prescribed part of net property where applicable (to carry forward) NIL Based on floating charge assets of Nil Estimated total assets available for floating charge holders 52,784 22 Debts secured by floating charges post 15 September 2003 NIL Estimated deficiency/surplus of assets after floating charges 52,784 22 Estimated prescribed part of net property where applicable (brought down) NIL Total assets available to unsecured creditors 52,784 22 Unsecured non-preferential claims (excluding any shortfall to floating charge holders) Trade & Expense Creditors 19,960 02 Employees’ redundancy 43,044 20 Directors’ redundancy 20,852 50 HM Revenue & Customs - PAYE/NIC 20,002 37 HM Revenue & Customs - VAT 15,797 49 The Pensions Regulator 33 00 Landlord - Graham Fuller 1,687 50 Minister International Limited 41,291 86 162,668 94 Estimated deficiency/surplus as regards non-preferential creditors (excluding any shortfall in respect of F.C’s post 14 September 2003) (109,884 72) Estimated deficitency/surplus as regards creditors (109,884 72) [ssued and called up capital Ordinary Shareholders 100 00 Ordinary B Non-voting Shareholders 30 00 130 00 Estimated total deficiency/surplus As regards members (110,014 72) Signature An). t te Date t224o 2€ FL Zt0z Aeniqas Lz LLO% 489A TOS Sdi +40 | abeg tl ainjeubis 06 ZEb‘PsL { Buiyeyo, sanju 6z 0S 218'8 Vu9 PLVG ‘jUay ‘dnopig 'peoy AeupAs gg 4JB}SIUI|) PIAEC JL 00s3 00 O8b'bL 208 SAW ‘uay ‘WeYeYD ‘ape|suapjeny ‘peoy aBenes /¢ SIM] 1818 JW 00713 00 $29'6 Vd9 ONL ‘JUay ‘Uaplajuay ‘sjaeyoiy jS ‘anueay apisheny pp Sout Malpuy JW oors 00 Or0'ZL AUS LZNL ‘Juey ‘vapsews ‘IIH SueWYeY) ‘pjayBuuds 4J9IIN4 WEYEID JIA 0044 vy 68r'OL das SSW uey ‘weYjeYyo ‘epe|ssepjeny ‘peoy sjabieq pe, uewdeyd ulAay JI) 0094 94 669'LL dd9 SL way ‘suojsprey ‘Buipje, ‘peoy aberesi, g Aajieg j9Ze} SsiW, 0093 0S OL N4Z PLOW ‘auilysyiag ‘Aunqmey ‘uo auU0D ay! ‘asnoyH auqyepo,, QUOJEPOA, LOAD 08 2S df? 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