Form 4.20 Rule 4 34 - CVL The Insolvency Act 1986 Statement of Company's S 9 5/9 9 Affairs . Pursuant to Section 95/99 of the Insolvency Act 1986 For official use To the Registrar of Companies | Company Number 02525000 | Name of Company Insert full name of THE WITHINDALE GALLERY LIMITED company Insert full names | Richard Rones and addresses ” of ThorntonRones Limited 311 High Road Loughton Essex 'G10 1AH Insert date the Iquidator(s) of the above named company attach a statement of the company’s affairs as at 14 April 2011 Signed Date ble Presenter's name, ThorntonRones Limited For Official Use address and = reference 311 High Road Liquidation section] Post room (fany) Loughton PANN 'AM1G4TFP* 19/04/2044 COMPANIES HOUSE Rule 4 34-CVL Form 4 19 Statement of Affairs Statement as to affairs of THE WITHINDALE GALLERY LIMITED onthe 14 April 2011, 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 April 2011 Full name BUEN Gre SOS DmaNSTo Signed Sel Dated (We -— Ee - SOM THE WITHINDALE GALLERY LIMITED DIRECTOR'S ESTIMATED STATEMENT OF AFFAIRS AS AT 14 APRIL 2014 Notes Book Estimated to Value Realise £ £ ASSETS Assets Not Specifically Pledged:- Land and Buildings 1 1 - Plant and Machinery etc 2 13,055 2,460 Investments 3 250,000 - Cash at Bank 4 6,247 6,247 Estimated total assets available for preferential creditors 269,304 8,707 LIABILITIES:- Preferential creditors - None Estimated surplus/(deficit) to non-preferential creditors 8,707 Non-preferential ctaims.- Trade & Expense Creditors 1,200 H M Revenue & Customs (Corp Tax) 5 139,279 Connected Company - Cleanbrite Limited 6 974,284 (1,114,763) Estimated defictency as regards creditors (1,106,055) Issued and called up capital - 250,000 Ordinary Share of £1 - issued and fully paid (250,000) Estimated total deficiency as regards members (1,356,055) \ - Signature ~ Mo sredihecsscersenvee one . Date. . ivcacescssssersesee Darren Edmonston Al THE WITHINDALE GALLERY LIMITED NOTES TO DIRECTOR'S ESTIMATED STATEMENT OF AFFAIRS AS AT 14 APRIL 2011 1 Land and Buildings This relates to improvements carried out by the Company to its leasehold trading premises, throughout its trading history, the majority of which was carried out in the earher years, at a cost of £176,774 As such therefore, there ts unlikely to be any recovery in this respect 2 Plant and Machinery etc This comprises of various Apple computers, purchased between 2008 and 2009 The value of these assets has been estimated by the director, on a "forced sale" (1 e if sold at auction) for the purposes of the Statement of Affairs 3 Investments This relates to the purchase of the shares in Cleanbrite Limited, being a wholly owned subsidiary, in 1991, from which the Company received distnbutions from its profits However, Cleanbrite Ltd have also now been placed into Creditors Voluntary Liquidation, with a resolution for its Winding Up passed earlier on 14 April 2011 Consequently, there is not anticipated to be any further return on the Company's investment 4 Cash at Bank This is the current credit balance believed to be held in the Company's current account with National Westminster Bank plc and should therefore be fully recoverable in to the liquidation 5 HM Revenue & Customs (Corp Tax) The outstanding Corporation Tax relates to the liability owing for the accounting year ended 31 August 2008 6 Connected Company - Cleanbrite Limited Monies are owed to the connected creditor, Cleanbrite Limited, which, as noted above, has also been placed into Creditors Votuntary Liquidation 7 The costs and expenses of the liquidation have not been accounted for €4 29Z'bLL'LS €Z 8L2'6EL JSP ZLNG'xassng jsann'Buiyyonn ‘peoy uo}Hueg'esnoy aBpug uojbuung ‘Aouaslosu) 9 JUaWUeoIOJUW JUeWsBeUReW 108eq O/D (xeg dod) SWo}SND *g SNUaASY WH 00 p8z'r6 HVL OLDI 'xassq ‘uojy6n07 ‘peoy YBIH LLE Oe (uojepinbr) ul) paywiry ayqueasD 00 002'1 O3Z OZIND ‘xessy ‘IW Moye} ‘peoy aBpuqwes ‘asnoy abpuqweg ‘Joo|4 puz, syue]Unooo poomysng 3 sseippy eweN SYOLIGAYS GAYNDASNN SYOLIGAYS ANVdWOD GSLIAIT AMATIVS AIVONIHLIA SHL