Rule 2.29 Form 2.16B The Insolvency Act 1986 2 = 1 6 B Notice of statement of affairs Name of Company Company number Jamaica Tavern Limited (in Administration) 02694167 In the Court case number High Court of Jusice, Chancery Division, 4858 of 2014 Companies Court (a) insert full IWe (a) name(s) and Stephen Robert Cork Joanne Elizabeth Milner address(es) of Cork Gully LLP Cork Gully LLP administrator(s) 52 Brook Street 52 Brook Street London London W1K 5DS W1K 5DS attach a copy of - “Delete as *the statement(s) of affairs, applicable “the-statement(s} of concurrence, In respect of the administration of the above company Signed AK, Joint / Administrator(s) Dated 15 sontember 2014 Contact Details: You do not have to give any contact Chloe Charlesworth information in the box opposite but if Cork Gully LLP you do, it will help Companies House to 52 Brook Street contact you if there is a query on the London form W1K 5DS The contact information that you give will be visible to searchers of the public record 02072682150 DX Number DX Exchange When you have completed and signed this form, please send it to the Registrar of Companies at - Companies House, Crown Way, Cardiff CF14 3UZ DX 33050 Cardiff *A3H3RHDM* Ao 24/09/2014 #800 COMPANIES HOUSE APPENDIX II Draft Statement of Affairs Form 2 14B Statement of affairs Rule 2 28 Name of Company Company number Jamaica Tavern Limited (in Administration) 02694167 In the Court case number High Court of Justice, Chancery Division, 4858 of 2014 Companies Court (full name of court) (a) Insert name and Statement as to the affairs of (a) address of registered Office of the company Jamaica Tavern Limited (in Administration) (‘the Company’) (b) Insert date on the (b) 23 July 2014, the date that the company entered administration 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 (b) 23 July 2014, the date that the company entered administration Fullname ASIF IQBAL MEMON Signed Dated A— Summary of Assets Assets Book Estimated to VALUE REALISE Assets subject to fixed charge £ £ FREEHOLD PROPERTY 3,887,136 2,500,000 Assets subject to floating charge Uncharged assets PLANT & MACHINERY 69,006 5,000 MOTOR VEHICLE 1,950 0 DEBTORS VAT REFUND 57,222 57,362 CASH AT BANK 60,668 60,668 DOCKMASTER RESTAURANT LTD — IN LIQUIDATION 342,090 ie] Estimated total assets available for preferential creditors 530,936 123,030 Signature Date. A1 — Summary of Liabilities Estimated To Realise £ Estimated total assets available for preferential creditors (carried from page A) £ | 123,030 Liabilities Preferential creditors £ Employees - Wages/Holiday 0 0 Estimated surplus as regards preferentia! creditors £ 123,030 £ Estimated prescribed part of net property (to carry forward) 0 0 Estimated total assets available for floating charge holders £ £ Debts secured by floating charges (excluding interest and charges) (brought down)* 0 0 Estimated deficiency of assets after floating charges £ £ Estimated prescribed part of net property (brought down) Total assets available for unsecured creditors £ | 123,030 Unsecured non-preferential claims (excluding shortfall to floating charge holders) £ HM Revenue & Customs - PAYE/NI ie} HM Revenue & Customs - VAT HM Revenue & Customs - Corporation Tax Trade Creditors/OTHER CREDITORS 282,987 282,987 Estimated deficiency as regards non-preferential creditors £ (159,957) (excluding shortfall to floating charge holders) £ Shortfall to floating charge holders (brought down) ie} Estimated deficiency as regards creditors £ (159,957) Issued and called up capital £ Ordinary Shares of £1 each 200,000 200,000 Estimated total deficiency as regards members £ (200,000) Signature Date eg aunyeubig SALVYIWS ave GSLINN Ivang bvrres XOP Od 0/0 SANVISI NISYIA Yd ‘VIOLYOL ‘NMOL GVO" ‘| AVD SWWHXOIM qu ‘L33YLS OULSVO 3d 62 ‘ONITTING VV LN3Wd013A30 Ov6'9S 39Id40 GaysLsio3y SNNLYOs SaLvala svav d3.LINN Ivand prrcs XO Od O/O VIIVELSNY ‘000€ VIHOLOIA‘ANYNOS TAN ‘LAAYNLS NAANOLE ‘ZL TAAZ1 aa LiWn 000'SZ1 H91sd0 GayaLSioad aWadaLSay3Ag SALVula ava dSINN Ivana bepzs XOP Od O/D avn ‘Ilvand ‘ANOZ 335y4 Mv 14983¢ qaliWn tS691 XOE Od ‘HOOT LSUld NOLLWeOdHOo €€L9b ON 391440 ANAWLSSANI 9b ONIGTING AdI440 ASVAT CVHIN 000‘000'r 6o0z/eo/et SOYVHO G3axls 000‘000'r ddld40 GAYAaLSiIOgY yen Joypass 3 (@poojsod yy) JUeWIe]D JO 3 Aunoss Jo anjea Ajunoas ayeq Aq pjay Ajunaas Aue jo sjlejoq 3Gep Jo Junowy ssalppy JO}IPSIS JO SEN uoissessod s,AUedwioo au} ul AUadoid J9A0 ijl} JO UORUS]e1 BuIIE[O Suo}IPalD pue SadIAsES JO SpoaB yo Aiddns SUj JO souRApe UI pied sjunowe Bulmej siawoysno pue sjusweaibe aes |eEUONIPUCD JO Bulsea] jayeyo ‘aseyoind-auty Jepun suoppeid sje AJQUap! PUe suO}pesd Ye apNjoulysnW NO, 3JON SYOLIGAYS ANVdNOO ayeq aunjeubis STWLOL 00000¢ 000002 LOZ NOWAI TVadI VNIH SYN AYVNIGYO 000‘00L 0000‘001 LLY 'X4SS3 'HOUNHONYOH 'SNNSAV SONVIGOOM ZL avn ‘ivand NOWAW TVd0I AISV AYVNIGHO 000'001 0000‘00! beves XOE Od ploy saseys jo sjiejeg anjeA play Jepjoysseys jo oweN Jeulwon saleys Jo oN (apoojsod yim) ssauppy SYAMIOHAYVHS ANVdNOO APPENDIX Il - JOINT ADMINISTRATORS' ABSTRACT OF RECEIPTS AND PAYMENTS FOR THE PERIOD 27 JULY 2014 TO 156 SEPTEMBER 2014 RECEIPTS Total (£) Cash at Bank 54,609 09 54,609.09 PAYMENTS Statutory Advertising 67 50 Property Clearance 450 00 Security Services 2,000 00 2,517.50 Balance In Hand 51,988.09 Represented by. Vat Receivable 90 00 Vat Control Account 43 50 54,609.09 APPENDIX V = DETAILED SIP9 AND TIME COST SUMMARY Pre-Appointment Time Costs Average Other Sentor Assistants & Hourly Rate Classification of Work Function Partner Manager Professionals Support Staff TotalHours = —Time Cost (£) «) Pre Appointment Other 000 000 000 900 § 580 00 620 00 Pre Appointment 000 000 000 900 §,680 00 620 00 Tota! Hours 000 000 000 900 6,680 00 62000 Total Fees Claimed 000 Joint Administrators’ Time Costs for the Post-Appointment Period 27 July 2014 to 15 September 2014 Average ‘Other Senior Assistants & Time Cost Hourly Rate Classification of Work Function Partner Manager Professionals Suppon Stat Total Hours fe) 4) 400 Administration & Planning 1001 Statutory retums, reports & meeting 000 000 400 000 400 800 00 200 00 1003 Cashiering general including bonding 020 000 070 070 160 407 00 254 37 1005 Taxation non-trading 000 000 060 000 060 120.00 200 00 1007 Insurance 000 000 130 000 130 260 00 200 00 4009 Filing 000 000 030 000 030 6000 200 00 1011 Other 000 000 100 c00 100 200.00 200 00 Administration & Planning 020 000 790 070 880 1,847 00 209 69 $30 Creditors - Unsecured 5303. General communications 000 000 110 000 110 220.00 200 00 5305 Other 000 000 040 000 040 8000 200 00 Creditors ooo 000 150 000 150 300.00 200 00 300 Investigations - Directors 3001 Directors correspondence & conduct question oc0 000 120 cco 120 24000 20000 tnestigations 000 000 120 000 120 240 00 200 00 200 Realisation of Assets - Fixed Charge Assets Other 150 000 000 ooo 150 742 60 496 00 2001 Freehold & leasehold property ooo 000 110 ooo 110 22000 200 00 210 Realisation of Assets - Floating/General 2101 Freehold & leasehold property 000 000 040 000 040 80 00 200 00 2104 thre purchase & lease assets 000 000 020 000 620 40-00 200 00 2108 Cash/bank 000 900 140 600 140 280 00 200 00 2110 Other matiers 000 025 000 900 025 106 25 42500 2111 insurance 000 000 140 000 140 28000 200 00 2112 Agents/Vatuers 000 000 1510 000 1510 3.02000 200 00 p of Assets 160 025 19 60 000 2136 4,768 75 223 36 Total Hours 170 026 3020 070 3286 7,186 78 217 83 Total Fees Claimed 000 Time is chatged in minimum units of 6 minutes Cork Gully LLP charge out rates from 1 September 2013 £ Partners & Directors 495-620 Associates & Managers 350-450 Other Senior Professionals 240-290 Assistants & Support Staff 85-225 Rule 2 27 Form 2.12B The Insolvency Act 1986 Notice of administrator’s appointment Name of Company Company number Jamaica Tavern Limited 02694167 In the Court case number In the High Court, Chancery Division, Companies 4858 of 2014 Court (full name of court) (a) Insert fuil We (a) name(s) and Stephen Robert Cork Joanne Elizabeth Milner address(es} Cork Gully LLP Cork Gully LLP 52 Brook Street 52 Brook Street London London W1K 5DS W1K 5DS give notice that we were appointed as administrator(s) of the above company on (b) Insert date (b) 27 July 2014 X vane W = Signed J Dated 27 suf2014 Joint / Administrator(s) (IP No(s) 8627, 8761) Form 2 25B Rule 2 48 Notice of conduct of business by correspondence Name of Company Company number Jamaica Tavern Limited (in Administration) 02694167 In the Court case number In the High Court, Chancery Division, Companies 4858 of 2014 Court (full name of court) (a) Insert full name(s} Notice is hereby given by (a) and address(es) of admuinistrator(s) Stephen Robert Cork Joanne Elizabeth Milner Cork Gully LLP Cork Gully LLP 52 Brook Street 52 Brook Street London London W1K 5DS W1K DS (b) Insert full name to the creditors of (b) and address of registered office of the company Jamaica Tavern Limited clo Cork Gully LLP 52 Brook Street London W1K 5DS (¢) Insert number of that, pursuant to paragraph 58 of Schedule B1 to the Insolvency Act 1986, enclosed are (c) nine resolutions enclosed resolutions for your consideration Please indicate on the voting form overleaf whether you are in favour or against each resolution (d) Insert address to This form must be received at (d) which form is to be delivered Cork Gully LLP 52 Brook Street London W1K 5DS (e) Insert closing date by 12 00 hours on (e) 2 October 2014 in orderto be counted \t must be accompanied by details in writing of your claim unless those details have already been submitted for the purpose of a meeting of creditors Failure to do so will lead to your vote(s) being disregarded TO BE COMPLETED BY CREDITOR WHEN RETURNING FORM Name of creditor Signature of creditor ({f signing on behalf of creditor, state capacity e g director/solicitor) If you require any further details or clanfication prior to returning your votes, please contact me/us at the address above Signed Joint / seme’) 15 September 2014 Dated JAMAICA TAVERN LIMITED (IN ADMINISTRATION) RESOLUTIONS TO BE CONSIDERED BY MEETING OF CREDITORS HELD BY CORRESPONDENCE Administrators’ Proposals a) The Administrators continue to manage the affairs of the company with a view to achieving the statutory purpose of the Administration In particular that they continue to 1) pursue amounts due to the Company and, where appropriate, agree commercial settlement 1) devise a strategy once discussions have taken place wth the secured creditor with regards to the freehold property i) sell the Company's other assets at such time(s) and on such terms as considered appropriate WW) investigate and, If appropriate, pursue any claims that the Company may have against any person, firm or companies whether in contract or othenmse, including any officer or former officer of the Company or any person, firm or companies which supplies or has supplied goods or services to the Company, v) do all such things and generally exercise all their powers as Joint Administrators as they in their discretion consider desirable or expedient in order to achieve the purpose of the Administration or protect and preserve the assets of the Company or maximise the realisations of those assets, or of any purpose incidental to these proposals b) The Administrators continue to investigate the circumstances of the failure of the Company and the conduct of its officers and former officers wth a view to meeting thew statutory duties under the Company Director Disqualification Act as well as considering whether any legal action ought properly to be brought on behalf of the Company against any party ¢) The Administrators be at liberty to extend the term of the Administration beyond its first anniversary as necessary in the event that, in their opinion, the purpose of the Administration may be met following the expiry of the initial term of one year a) If it appears that there wil! be sufficient funds to pay a dividend to the unsecured creditors, the Administration will end by placing the Company into creditors’ voluntary liquidation and Stephen Cork and Joanne Milner will be appointed as Joint Liquidators of the Company For the purpose of the winding up, any act required or authorised under any enactment to be done by the Joint Liquidators Is to be done by all or any one or more of the persons for the time being holding office Creditors may nominate a different person(s) as the proposed liquidator(s), but you must make the nomination(s) at any time after you Teceive these proposals, but before they are approved Information about the approval of proposals 1s discussed in the report e) If it appears that there wil be insufficient funds to pay a distribution to unsecured creditors of the Company, the Administration will end by filing a Notice of Dissolution with the Registrar of Companies The Company will then automatically be dissolved by the Registrar of Companies three months after the notice ts registered The Administration of the Company will end by giving notice to the Court, creditors and Registrar of Companies that the objective of the Administration has been achieved 9) The Administrators be remunerated by reference to time properly spent by them and therr staff in dealing with matters relating to the Administration of the Company, such time to be charged at the Cork Gully LLP hourly charge out rates of the grade of staff undertaking the work at the rates currently in force Details of the current charge out rates for the Administrators and their staff are outlined in Appendix IV of these proposals h) The Administrators be discharged from liability under the Administration in accordance with Paragraphs 98 and 99 of Schedule B1 of the insolvency Act 1986 immediately upon the Administrators’ filing of their finat progress report and vacating office Pre-Appointment Remuneration The Joint Administrators be authorised to draw the outstanding pre-administration costs of £5,580 plus VAT an expense of the Administration Vote (please tick) {n Favour Against Approval of the Administrators’ proposals without modification The Joint Administrators be authorised to draw the outstanding pre-administration time costs of £5,580 plus VAT as an expense of the Administration CORK GULLY STATEMENT OF CLAIM Company Name Jamaica Tavern Limited (in Administration) Relevant Date for Claims 27 July 2014 Company Number 02694167 Registered Office c/o Cork Gully LLP, 52 Brook Street, London W1K 5DS 16-30 Wakering Road, Wigham House, Suite A First Floor, Barking, Former Registered Office Essex, G11 8QN Creditor Name Creditor Contact Details Address Ema Telephone Amount Claimed £ Evidence of your claim must be attached to this form which may include copy invoices, statements, contracts or any other such documentation necessary to prove your claim. Signed Date Signature of creditor or person authonsed to act on his behalf Name Please write in block ietters Position with or In relation to Creditor eg director/solicitor/partner Please complete and return to Chloe Charlesworth Cork Gully LLP 52 Brook Street London W1K 5DS Email _ chloecharlesworth@corkgully com Fax 020 7268 2151 Form 2 21B Rule 2 37 Creditor’s request for a meeting Name of Company Company number Jamaica Tavern Limited (in Administration) 02694167 In the Court case number In the High Court, Chancery Division, Companies 4858 of 2014 Court (full name of court) (a) Insert full name and (a) address of the creditor making the request {b) Insert full name and request a meeting of the creditors of (b) address of registered Office of the company Jamaica Tavern Limited (in Administration) cfo Cork Gully LLP 52 Brook Street London W1K 5DS (c) Insert amount of My claim in the administration ts (c) claim (d) Insert full name(s) (a) and address(es) of creditors concurnng with the request (if any) and ther claims in the administration if the requesting creditor's claim Is below the required 10% concur with the above request, and | attach copies of their written confirmation of concurrence (e) Insert details of the The purpose of the meeting Is (e) purpose of the meeting Signed Dated