Form 4.20 Rule 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 02842550 Name of Company Prestbury Wentworth Three Limited l/We Neil David Gostelow John David Thomas Milsom 8 Salisbury Square, London 8 Salisbury Square, London EC4Y 88B EC4Y 8BB the liquidator(s) of the above named company attach a statement of the company affairs as at 30 January 2015 Signed MA ¢ Date 03 February 2015 KPMG LLP For Official Use 8 Salisbury Square, London EC4Y 8BB Inso THURSDAY *A40LAE61* A22 05/02/2015 #392 COMPANIES HOUSE Ref 826/NG/NJT/PREST Software Supplied by Turnkey Computer Technology Limited Glasgow Statement of affairs Statement as to affairs of Prestbury Wentworth Three Limited On 30 January 2015, the date of the resolution for winding up Statement of truth I believe that the facts stated in this Statement of Affairs are true Full name Sandra Louise Gumm “a os, Ze Signed z Dated 30 January 2015 The Insolvency Act 1986 Statement of Affairs of Prestbury Wentworth Three Limited as at 30 January 2015 A -Summary of Assets Estimated Book Value Reahsable Value £ £ Assets Specifically Pledged: None 0 0 Less Due to Secured Creditor 0 0 Shortfall to fixed charge cred:tors c/d 0 0 Assets Not Specifically Piedged: Intercompany debtors Prestbury Wentworth Limited 2 0 Estimated total assets available for preferential creditors 0 0 The Insolvency Act 1986 Statement of Affairs of Prestbury Wentworth Three Limited as at 30 January 2015 Al - Summary of Liabilities £ Estimated total assets available for preferential creditors (carried from page A) Preferential Creditors: None Estimated (deficiency)/surplus as regards preferential creditors Estimated prescnbed part of net property to carry fwd Surplus available for floating charge creditors LESS: Amounts due to floating charge creditor Bank of Scotland under cross guarantees (159,178,681) Shortfall to floating charge creditor (159,178,681) Estimated prescibed part of net property brought forward Non-preferential creditors: None Estimated (deficiency)/surplus as regards creditors (159,178,681) Issued and called up capital: Ordinary £1 shares (2) (2) Estimated (deficiency)/surplus as regards members (159,178,683) B Company Creditors Note You must include all creditors and identify creditors under hire-purchase, chattel leasing or conditional sale agreements and customers claiming amounts paid im advance of the supply of goods or services and creditors claiming retention of title over property in the company's possession Name of creditor {| Address Amount Details of Date Value of or claimant (with of debt any security | security security postcode) £ held by given £ creditor Bank of Scotland The Mound, £159,178,681 | Fixed and Various £59,056,524 Edinburgh floating EH 1YZ charges Notes 1) The total debt currently owing to Bank of Scotland across the Prestbury Wentworth group 1s £159,178,681 The bank has valued its remamung security across other PW Group companies at £59,056,524, leaving an unsecured balance that is subject to cross guarantees of £100,122,156 2) Amounts due to HMRC are stated before the application of group relief or brought forward losses 3) All intercompany balances stated include elements of interest which have been accrued up to 19 January 2015 Cc Company Shareholders Shareholder Type of shares Number held Number as percentage of shares issued Prestbury Wentworth Ordinary shares of £1 2 100% Limited Prestbury Wentworth Three Limited Deficiency account for the period 19 January 2015 to 30 January 2015 Net assets/habilites as at 19 January 2015 (draft accounts) Less amount due to chargeholder not included in accounts: Bank of Scotland (159,178,681) Less asset write downs. Intercompany debtor (Prestbury Wentworth Limuted) (2) Less: share capital (2) Deficit per statement of affairs as at 19 January 2015 (139,178,683)