Form 4 20 Rule 4 34-CVL The Insolvency Act 1986 i Statement of Company's Pursuant to Section 95/99 of the Insolvency Act 1986 S.95/99 rT To the Registrar of Companies Company Number O24 43142 Name of Company (a) Insert full name of company (@) wenre m ronrnany Limited (6) Insert full name(s) We (b) ALLE Stokes gf Solattow COME and address(es) ot PeTHARDD come fxcamceer OF GAgRr Catia Move Crewe Canttag rnd Routt flacseu fl, Niooxr, MAT GTS (c) Insert date the liquidator(s) of the above-named company attach a statement of the company’s affairs as at(c) (pfs(vu sone, “ORS Date (Fie La Presenters name, address and reference (if AVELE Sout For Official Use ee any) PTH RS Comin fico eee tT COMPANIES HOUSE Rule 4.34 - CVL Form 4 19 Statement of Affairs * Insert company name IN THE MATTER OF NEALE & NORDEN LTD AND IN THE MATTER OF THE INSOLVENCY ACT 1986 Statement as to affairs of NEALE & NORDEN LTD on the 17/05/2011 the date of the resolution for winding up Statement of Truth (a) Insert full name and occupation !(a) Andrew Neale, company director (b) Insert full address of (b) 13 Devonshire Hill, London, NW3 1NR believe that the facts contained in this statement of affairs are true and provides a complete statement as to the affairs of the above named *Amend as necessary company as at 17/05/2011 the date of the resolution for winding up and that the said company carried on business as an architect sont £ — _KS.0. Date af sf u A - Summary of Assets Assets Notes Book Estimated to Value Realise £ £ Assets subject to fixed charge 0 ie) Less sums due to fixed charge holder 0 Shortfall as regards fixed charge 0 0 Assets subject to floating charge 0 0 Uncharged assets 0 Book Debts 1 115,109 Uncertain Work In Progress 4 64,952 Uncertain Office Equipment 2 2,000 0 Estimated total assets available for preferential creditors 182,061 Uncertain sonureh\ \ 1 KI Date a/s/u A1- Summary of Liabilities Notes Estimated to Realise £ £ Estimated total assets available for preferential creditors (carried from page A) ie) Liabilities Employees 0 (4,808) Estimated surplus/(deficiency) as regards preferential creditors (4,808) Estimated prescribed part of net property where applicable (to carry forward) 0 Estimated total assets available for floating charge holders (4,808) Debts secured by floating charges Q Estimated surplus/deficiency of assets after floating charges 0 (4,808) Estimated prescribed part of net property where applicable (brought down) ie) 0 Total assets available to unsecured creditors 0 (4,808) Unsecured non-preferential claims HMRC VAT 19,000 HMRC PAYE 9,329 Barclays Bank plc - overdraft 47,000 Landtord 53,977 Trade & Expense creditors 40,550 Director's loan account 75,584 Employee Claims 106,692 Estimated deficiency as regards non-preferential creditors 352,132 (356,940) (excluding any shortfall to floating charge holders) Shorifall to floating charge holders (brought down) Estimated deficiency as regards creditors (356,940) Issued and called up capital (2) Estimated total deficiency as regards members (356,942) Signature Re Kw. Date Af \ A2 - Notes on Assets & Liabilities (1) Book Debts & Work in Progress Estimated to Book Value Realise £ £ Due to the nature of the contracts, fees are due and payable at various stages of the planning process The liquidator will need the assistance of the director to help in the collection of book debts Some of the debts and work incurred are speculative so no estimate can be given to the likely levels of realisations Total Uncertain (2) Office Equipment The office equipment has been distrained by the Landlord, so has no value for unsecured creditors (3) Crown Debts £ HMRC VAT 19,000 HMRC PAYE 9,329 Total 28,329 (4) Landlord There are 4 quarter's rent outstanding, plus insurance premiums which amount to £53,977 but the landlord has registered at companies house a rent deposit deed for the sum of £11,800 which will need to be considered before being released to the landlord (5) Director's loan account The Company was assisted by personal funds injected into the business by the director The director estimates he injected £75,584 into the business as aloan In addition, the director has undrawn ary for the last four years of approximately £61,964 Sign ay ee? Date 1/s/'