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 To the Registrar of Companies Company Number Name of Company | 02803702 | Otello Limited We, Susan Maund Thomas D’Arcy 44-46 Old Steine 44-46 Old Steine Brighton BN1 1NH Brighton BN1 1NH the liquidator(s) of the above-named company attach a statement of the company’s affairs as at 08 March 2012 V/A N\raranllAr Signed Susan Maund Thomas D’Arcy Dated 08 March 2012 White Maund LLP 44-46 Old Steine Brighton, East Sussex BN1 1NH Ref SM/PH/SLC/OTELLO For Official Use Insolvency Sect [| Post Room F < a no oe = *A14QHFH4* 2 A30 15/03/2012 #260 COMPANIES HOUSE Rule 4 34-CVL Form 4 19 Statement of Affairs Statement as to affairs of OTELLO LIMITED on the 8" day of March 2012 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 as at 8 March 2012 are true and are a complete statement as to the affairs of the above named company and that the said company carried on business as a restaurant Full name ott- Mr Saaid Abdulkhant Signed Dated GS / o3/ VelD Signature 6 id Date OX fox /2ai. A - SUMMARY OF ASSETS Book Value Estimated to realise £ £ ASSETS SPECIFICALLY PLEDGED Assets Subject to Fixed Charge Goodwill Nil Uncertain Less Amounts Owing to HSBC Bank Pic (35,000) (35,000) Estimated Surplus (Deficiency) as regards Fixed Charge Creditors (35,000) (35,000) Assets Subject to Floating Charge Improvements to Property 384,213 Nil Plant and Machinery 13,445 Uncertain Fixtures & Fittings 42,416 Uncertain Motor Vehicles 2,279 3,775 Computer Equipment 226 Nu Estimated total assets available for preferential creditors 412,579 3,778 (subject to costs) Signature (2 an " 4 Date OK [o3/ Zo\| A1 —- SUMMARY OF LIABILITIES Estimated total assets available for preferential creditors 3,775 (subject to costs) b/d LIABILITIES Preferential Creditors Nil Estimated Surplus (Deficiency) as regards preferential creditors 3,775 Estimated prescribed part of net property (to c/f) 1,887 Estimated total assets available for floating charge holders 1,887 Floating Charge Claims (35,000) 35,000 Estimated Surplus (Deficiency) of assets after floating charges (33,113) Estimated prescribed part of net property (b/d) 1,887 Total assets available to unsecured non-preferential creditors 1,887 Unsecured Non-Preferential Creditors HM Revenue and Customs - PAYE/NIC/Corporation Tax/VAT (200,000) Director's Loan Account (40,982) (240,982) Estimated Surplus (Deficiency) to unsecured creditors (239,095) Deficiency in Floating Charge (b/d) 33,113 Estimated Surplus (Deficiency) to all creditors (272,208) Share Capital - 100 ordinary £1 shares 100 100 ESTIMATED TOTAL DEFICIENCY (272,308) Signature Ack Date OX { 0% [2 ol “UST %97 Yo aed aN Pa - —o7 ‘s) ainyeubis 332 SPN ‘uoWBug Jeans equicoaky 000 00 c86‘0r ‘abpoy Ayueyd ‘09 9 iwaljeow wesyeys 0/9 lUeLINEGY JA soBieuo Buyeoy pue 00 000's¢ 8007/ZL/ZL paxiy Aq payoddns ‘auNLN3gad | 00 000'se Bu} LNG xessng jse3 uojybiig Jeadg YON eS} Ad Weg DESH 000 AvP SWO}SND 00 000‘00z p27 jOodJanr] y490q suaantd suoResadQ AdUaA|OSU| B aNUsAaY WH 3 Ayunoas uaaib 3399p JO anjea quewe}o Ayunsas ajeq piay Ayunses Aue so syejag | yo junouny {2poojsod yy) Sseippy | 10 s0}1pas9 Jo aweN uoissassod s,Auedwiod 343 ul ALadod 19A0 ay jo UOQUA}a! BuIWIE|D Si0}Ipal9 pure saaiasas Jo spooB jo Ajddns ay} yo aoueape ul pied sjunowe Gurwie[o sawojsno pue sjuawisalbe aes |eEuoHIpUod 10 Bulsea| yayeyo ‘aseysind-auiy Japun suoypaio Aue Ayjuapi pue sioyipaso |e apnjoul snwW NOA 3LON G3LWIT OTIZLO - SHOLIGAYND ANVdINOO @