Rule 4 34-CVL The Insolvency Act 1986 Form 4 20 S.95|99 STATEMENT OF COMPANY'S AFFAIRS Pursuant to Section 95/99 of the Insolvency Act 1986 For official use Company Number 02479573 To the Registrar of Companies Company Number [| HOTE! LIMITED [Insert full name(s) and address(es)] |, J M Titley of Leonard Curtis, Hollins Mount, Hollins Lane, Bury, BL9 8DG, the Joint Liquidator of the above named Company, attach a statement of the Company's affairs as at 17 May 2013 Signed Jy Date 17 May 2013 Presentor’s name, address and reference (if any) For official use Leonard Curtis DTE House Hollins Mount Bury BL9 8DG @ :=] | \| | _— & "A23E7US ° A32 25/05/2013 #128 COMPANIES HOUSE Rule 4 34-CVL Form 4 19 Statement of Affairs Statement as to affairs of HOTEI LIMITED on the 17 May 2013 being a date not more than 14 days before 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. Cu RSTe TAER “Ut ome KS DAC o. Signed . >= weve CVLMF419 06-04-10 HOTE] LIMITED APPENDIX | DIRECTOR'S ESTIMATED STATEMENT OF AFFAIRS AS AT 17 MAY 2013 Book value Estimated to Realise Note £ £ £ £ Assets specifically pledged Rent Deposit Deed 4 Nil Nil less Equitable Life Assurance Society 4 (Nil) (Ni) Surplus / (Shortfall) c/fwd Nil Nil Assets not specifically pledged Foxtures & Fittngs 2 422 50 Office Equipment 3 1,228 400 Leasehold 4 55,000 Uncertain Debtors 5 8,000 800 64,350 1,250 Preferential creditors Employee claims / ERA 2006 claims (est ) 6 (Nil) (Ni) Net property available for prescribed part 64,350 1,250 Less: Prescribed part calculation 7 (N/a) (Nia) Available for floating charge creditor 64,350 1,250 Secured Creditor - Shortfall bHwd 1 (Nia) (Nia) Surplus / (shortfall) - floating charge holder 64,350 1,250 Add back presenbed part 7 Nia Nia Available for unsecured creditors 64,550 1,250 Ordinary Unsecured creditors Employee claims / ERA 2006 claims (est.) 6 (Nil) (Nil) H M Revenue & Customs - PAYE / NI (est) 8 (19,928) (19,928) H M Revenue & Customs - VAT (est) 8 (36,595) (36,595) Directors’ Loan Account (est) 9 (400,000) (400,000) Trade and expense creditors (est ) 10 (51,049) (51,049) Tota! value of unsecured creditors (507,572) (507,572) (443,222) (506,322) Issued share capital 2 (2) Estimated deficlency as regards members (443,224) (506,324) Signed = oer sone 17 May 2013 Mr Christopher Drew HOTE! LIMITED APPENDIX !} NOTES TO THE ESTIMATED STATEMENT OF AFFAIRS All book values have been taken from the Company's latest financial information or from valuatons obtained from independent valuers It should be noted that the no provision has been made for the costs of preparation of the same, the costs of convening the meetings of members and creditors, agents’ costs or the costs and expenses of the Liquidation 1. The Equitable Life Assurance Soclety The Equitable Life Assurance Society hold secunty incorporating a bond created on 18 July 1990 and registered on 19 July 1990 The book value and estimated to realise value of the rent deposit deed has been provided by the directors from the books and records of the Company 2. Fixtures & Fittings The book value and estimated to realise value of the fixtures & fittings has been extracted from the Company's books & records and from information provided by the director 3. Office Equipment The book value and estimated to realise value of the office equipment has been extracted from the Company's books & records and from information provided by the director. 4, Leasehold The book value of the leasehold has been extracted from the books and records of the Company and from information provided by the directors. The leasehold is understood to have negligible realisable value and as such the realisable value has been shown as uncertain for the purpose in the Statement of Affairs. 5. Debtors The book value of the debtors has been provided by the directors from the Company's books and records. The estimated to realise value has been written down by a general provision of 90% for the purposes of the statement of affairs, due to bad and doubtful debts 6. Employee claims / ERA 2006 claims The Company did not have any employees (except for the directors) as at the date of liquidation that would be entitled to claim arrears of pay and holiday pay (subject to certain limits) from the Redundancy Payments Semice ("RPS'), subject to receiving remuneration under PAYE/NIC Where applicable, employees will also be able to lodge redundancy claims and compensaton claims as a result of not receiving statutory notice of redundancy with the RPO These claims will also be paid by the RPO (subject to certain limits), who will lodge an ordinary unsecured claim against the Company Signed: . .