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 2329942 Name of Company Micro Services (Eastern) Limited ine Alan J Clark, Recovery House, 15-17 Roebuck Road, Hainault Business Park, Ilford, Essex, IG6 3TU the liquidator(s) of the above named company attach a statement of the company affairs as at 21 October 2014 Signed <....~ Date 27 October 2014 Le Carter Clark : Recovery House For Official Use 15-17 Roebuck Road Ins Hainault Business Park THURSDAY Ilford, Essex IG6 3TU *A3JLPF1C* Ref MSEL5014/RS A10 30/10/2014 #141 COMPANIES HOUSE Software Supplied by Tumkey Computer Technology Limited Glasgow Rule 4 34-CVL Form 4 19 Statement of Affairs Statement as to affairs of Micro Services (Eastern) Limited on the 21" October 2014 the date of the resolution for winding up Statement Of Truth | believe that the facts stated in this Statement of Affairs are true Full Name: Gary Paul Ling { Signed Zk a Dated 21* October 2014 Insolvency Act 1986 MICRO SERVICES (EASTERN) LIMITED Company Number 02329942 Estimated Statement of Affairs as at 21st October 2014 Book Estimated Value to Realise £ £ Assets not subject to a specific charge Nil Nil Book debts 5,000 0 Unsecured Non Preferential Claims Trade Creditors 2,900 HM Revenue & Customs — PAYE 44,677 HM Revenue & Customs — VAT - estimated 35,000 National Westminster Bank Pic 15,000 Unsecured non preferential claims 97,577 Estimated Deftciency attributable to unsecured creditors 97,577 Issued and Called Up Capital Ordinary Shareholders 25,100 Total Deficiency 122,677 Zorkcy 2ihofie. MICRO SERVICES (EASTERN) LIMITED The Company’s Statement of Affairs Mr Ling purchased the company’s tangible assets that had a depreciated book value of £32,625 per the last accounts for £4,000 plus vat to allow the company to pay for Its liquidation on 21" October 2014 The director considers this to be a transaction at fair value No professional valuation was carried out The unsecured creditors are estimated as follows Trade Creditors 2,900 HMRC PAYE — 12 months 44,677 HMRC Vat - Estimated 2 quarters 35,000 National Westminster Bank Plc - Overdraft 10,000 National Westminster Bank Pic - Loan 5,000 There ts therefore an estimated deficiency to creditors of £97,577 and taking into consideration the share capital of £25,100, there Is a total estimated deficiency of £122,677 TRANSACTIONS WITH RELATED PARTIES Mr Ling 1s a creditor by way of his loan account and has also personally guaranteed the hability to the bank The company also traded from his personal address ! can advise that the figures included on the Statement of Affairs and accompanying schedules are based on estimates provided by the director in the absence of full and complete accounting records and those creditor's claims were received at the time of preparation of these documents This will not prejudice creditors’ rights to claim different amounts where applicable in the liquidation La Kg 2liofte, MICRO SERVICES (EASTERN) LIMITED Unsecured Creditors as at 21st October 2014 Value Added Tax £35,000 DMB Campaign HMRC DMB 420 BX5 5AB HMRC £44,677 AO Shipley Victoria Street Shipley West Yorkshire DB98 8AA Forest Heath District Council £1,400 College Heath Road Mildenhall Suffolk IP28 7EY Mr G Ling £1,500 4 Elmway Melbourn Hertfordshire SG8 6UH National Westminster Bank PLC £15,000 18 High Street Newmarket Suffolk CB8 8LH MICRO SERVICES (EASTERN) LIMITED Shareholders Information Holders of Ordinary £1 shares Number Held Mr Gary Ling 18,637 4 Elmway Melbourn Royston Hertfordshire SG8 6UH Mrs Jacqueline Ling 188 4 Elmway Melbourn Royston Hertfordshire $G8 6UH S Griffin 6,275 12 Oaklands Road Bromley Kent BRi 3SL Total 25,100