Form 4.20 395/99 _ Ruie 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 2361527 Name of Company Telstar Video Entertainment Ltd We Paul David Williams David Rubin 17-19 Foley Street Pearl Assurance House London 319 Ballards Lane w1w 6DW London N12 8LY the liquidator(s) of the above named company attach a statement of the company affairs as at 23 April 2004 Signed r A } ‘* Date 28 April 2004 Menzies Corporate Restructuring 17-19 Foley Street For Official Use London Liquidation | Post Room W1W 6DW h #AO4AL UGK 480 Ref: TVE001/DJT/JBJ/KS 0105/04 COMPANIES HOUSE Software Supplied by Turnkey Computer Technology Limited, Glasgow Form 4.19 Rule 4.34 - CVL STATEMENT OF AFFAIRS Statement as to the affairs of Telstar Video Entertainment Limited On 23 April 2004 the date of the resolution for winding up MF AFFIDAVIT / AFFIRMATION Me The Affidavit / Affirrnation must be sworn or affirmed before a Solicitor or Commissioner of Oaths or an officer of the court duly authorised to administer oaths when you have completed the rest of the form. I, Craig Dixon of Florian House, Leatherhead Road, Oxshott, Surrey, KT22 OET WE Swear / affirm that the several pages attached marked A, Al & B are to the best of my knowledge and belief a full, true and complete statement as to the affairs of the above named company as at 23 April 2004 the date of the resolution for winding up and that the said company carried on business as a motion picture and video production company. Ms Sworn / affirmed at Goong LAW DucitoRs Date aa” Aly Of APRIL A004 Signatures am Before Me M : fem _ MICHAEL FERNANDO Souator A Solicitor s The Solicitor or Commissioner is particularly requested, before swearing /affirming the affidavit, to make sure that the full name, address and description of the Deponent are stated, and to initial any crossings-out or other alterations in the printed form. A deficiency in the affidavit in any of the above respects will mean that it is refused by the court, and will necessitate its being re-sworn / re-affirmed. CVL 04200 Insoivency Act 1986 Directors’ Statement of Affairs Telstar Video Entertainment Limited 23-Apr-2004 Estimated to A-SUMMARY OF ASSETS Notes Book Value Realise £ £ ASSETS Assets Specifically Pledged:- None Nil Assets NOT Specifically Pledged:- Computer Equipment 34,305 Uncertain Furniture and Fittings 43,641 Uncertain Book debts 17,496 Uncertain Firefly Entertainment Limited shareholding 2 5,000 Uncertain Court Funds 70,000 Uncertain Estimated Total Assets Available for Preferential Creditors 170,442 Uncertain Signature CO Date: 2d fA Notes: 1. Realisations are subject to the costs of winding up. 2. The directors have included the potential claim of Centrehigh Limited in the statement of affairs. The inclusion of this potential claim is not considered an admittance of liability. The claim is disputed by the directors and is the subject of legal proceedings. 3. Book value for office furniture and equipment is derived from a balance sheet dated 31 March 2004. Insolvency Act 1986 Directors’ Statement of Affairs Telstar Video Entertainment Limited Estimated to A1- SUMMARY OF LIABILITIES Notes Realise £ £ Estimated total assets available for floating charge creditors creditors Uncertain (Brought forward from Page A) LIABILITIES Preferential Creditors Nil Uncertain Estimated Prescribed Part of Assets (Carried forward} Nif Debts Secured by Way of a Floating Charge Nil Estimated Surplus as Regards Floating Charge Creditors Uncertain Non-preferential creditors Trade Creditors (119,018) Intercompany Creditors (101,588) HM Customs and Excise (3,676) Contigent Creditor - Centrehigh Limited (see note) (70,000) (294,282) Estimated Deficiency as Regards Creditors (294,282) Issued and called up capital (100) Estimated Total Deficiency as Regards Members (294,382) Signature A Date: Z3-04- o> Insolvency Act 1986 Director's Statement of Affairs Telstar Video Entertainment Limited 23-Apr-2004 C - SUMMARY OF SHAREHOLDERS Book Value £ Telstar Music Holdings Limited Total 100 Signature Date L5A- 0 1 \Wob-C7 yea aameubis Bunsi payzene sas SYOLIGIYD TWILNSY3Iaud-NON 2aUON (aiqerydde jy) (apo asod auy) 4031pai> Aq pyay Aynras jo sieeq §=—- qa jo Juno ss@appy |INd yUeU]e/> JO 1031pa1D Jo BUEN SYOLISYD TWILN3YII5ud BUuON {e1qeoidde sy {@po> sod aul) 4oyparD Aq pyay Aysnras jo sjeiaq —- yqaq yo Junowry ssaappy sing qUeUIL]D JO 10}|paiD Jo aWIEN SHOLIGSYD GaYNDAS *uogyssassod s,AuedWo> 343 Ul 3431} Jo Uo}UAI24 HujUye]> Ss03|pa> any S@2|AJ8s 10 Spoob jo Ajddinns yo a2ueape uy pred syunowe Guyuljey> siawioysn> any squaweei6e ayes |eEUoAIPUo> 10 Buysea] 233kyp ‘eseyrind aujy Japun sioypes> Ayuapl ysnw No, “SLLON SYOLIGIYD ANVAIWOD- 8 yoot-ady-ez paw] UeWUIepIAazUZ OApIA 1e35]91, SMESY JO JUTLUDJEJS 5,10}>941q 9861 }>¥ ADUaAjOSUT 002 UOIsIEA, Lee SZ /) ) aunyeuBig PY Z8C' bE Suyeyo. seujuy og Oe'0z8'o2, 316 FEMS “UOpUc] ‘axeTLOW ‘ea SXEOW ZOL pow] dns aisnyy sexs] 1, SOLD 00'rr9'2z S16 PEMS ‘UOpUO) ‘axe/JOW] ‘Jaa Oxe[OW AOL paywr] SBuipjoy aIsnyy JeS}oL vOLD 81 28e'6L H30 6YH ‘X@seIppIN ‘Aaiquieyy ‘AeAA WNOS ‘esNoH OCA {OqA) Auedwiod Buyeoydng capi, ey, e010 00° LS¢'E FHS W135 ‘uopud7 jea)g esnoeyeYyd e9 Pay Aouaby uolsses yin) Z0L9 ev eLo'z 316 PLMS “UOpUo) ‘exeiHOW JeeRS axepOW] ZOL Did Spr008y JeIs|OL bOLD 08°991'6 SH6 O1M ‘UOpUdT ‘JeeNg SauUY UaEND 1S uoyesiuebic UeWesoY oy) OOLo vr O66'7e GMS LAA ‘YopuoT ‘Jeans yoWueN y/L ‘asnoH AsueBay 00d os ese Ade AALM ‘OpUOT Jag PURO, FAD ZEL POHWIT PRAROALY 90dD eS'98b LO9L6 "YSN ‘WD ‘POOMMIIOH WON ‘puerginog eyoubeyw ozsi SUOHONPOld jeuoHeUa}U) Podsseg $0d9 00°62 ULE 9M ‘UOpUoT ‘yWUsIOWWeH ‘suapreD JoAR EZ suojonposg Jnoy ueadon” yod 0d5 €S°LSO'st H'10 9M ‘opucy ‘yUsieWLUEH ‘Peoy eWOUUS!D L1-| ‘esno} eluNEG payLWI sjueYNsUD SayUG €0dD 00'S2S VE YLO8 ‘YopUo} ‘peoy LopBuley 96 yOoory e4oIN LOWS 82997 NaQ PLN ‘uopuoy ‘ayeByjnog ‘usalg oy) z seyenossy YBeuogoyw yo, ooWD ep Lor's df'Z 9M ‘uopucy ‘peoy UjRUseWuLeY OO} “HNOD 79100 pay] Bujsuaer] yur] 2019 0o'69L HHe LEN Wuey ‘YyB1e7 ‘peoy jsunysued ‘soe [f2H ‘aBbeyop sieuepres) uOsUIqoY auUA7 L019 000 OZS PAD ‘yipreg ‘ueysiuely ‘peoy seid Ai (S39) OIL anueanrey PUeyU] 00d Or Le WSN ‘pELZz ‘eIMIBIIA ‘coyUeND ‘Lgp Xog Od uaplena Aor} ZOHO 0099'S AW P P27 ‘apiskosiay ‘joodanrq ‘yO0g susant ‘suoqesedgO Aouenjosul asioxg 9 swoysno WH 08H 00'00r UV6 PNG ‘SHAH JewWeY Man ‘UeIse1D YooGIseM bz UNA Aled) boo5 bebe NL GLM ‘uopu0t eeu} auUy UsEND SS SUOREOIUNUILIOD MOLLOY LIP{UeL4 0049 29°206'0% VSN ‘£2B8ZE “epHojy ‘OPUeIO ‘BALIG WA}UD OOLE ‘ANID HOS PUON O¥E7 O/D soyogpee] piaeq 20da ZO'ESS MS6 AZOM “UopuoT eeNg Puolpeg Ze-LE ‘e0e|q OBIUY ysng boda 6£02 SPS PALL ‘X@S2)DpI ‘MO[sUNOH ‘peoy ISEM YINOS 2D BL-9L1 “WE [ENVO ssaudxg eplMpHoM THO 0005 00°000'02 fOZ OS1D ‘s1NYS1e}seon0/9 'WeyusysyD ‘peoy HeIdAy ‘esnay sseduiod ‘essmy sepeud 0/0 payuur yBiyequED wooo 0°00} ZNE PLA ‘WIPED ‘ABAA UMOID asnoH saiuedwiog 0039 000 (LO Z4M ‘YOpUuo’ ‘aUeT POo;A 08 ‘spUBIPOOM OLD aH] SpPIMPHOM Og ¥08d oo'ose'z GHZ LMN ‘Wopucy ‘Aeqa suosuaydeyg 2z pay yseow00g 089 0266 SSP PN ‘YOpUCT ‘Peay MalA JUNO] ES suojonpold JUS Big z0g9 pz9ee'Zl XX2Z LAAN ‘UOpUCT ‘uapqUeD ‘peoy UMO)SOWeP /¢ ‘ASNOY aujed MON eyed Usha boda PUElS!| “LL UlIGng ‘uAaUse|s ‘Aye}S3 JeLISNpU| UyIGnG ‘peoy Uebe7 gos ‘9 WUN pay jjeanoo1g Buunjonsysay eyesodi05 salzusyy v00d/Pr0/ez