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 03590070 Name of Company Verity Education Limited |/We Paul Michael Davis Satow, Fred New Bridge Street House New Bridge Street House 30 - 34 New Bridge Street 30 - 34 New Bridge Street London London EC4V 6BJ EC4V 6BJ the liquidator(s) of the above named company attach a statement of the company affairs as at 11 May 2012 cael SSS Date 41 May 2012 SS MacIntyre Hudson LLP Far Offieial Hes “FUN New Bridge Street House 30 - 34 New Bridge Street Ref CRO000735/PMD/FS/CR 46/05/2012 #137 Glasgow COMPANIES HOUSE Software Supplied by Turnkey Computer Technology Limited Rule 4 34-CVL Form 4 19 Statement of Affairs Statement as to affairs of Verity Education Limited on the 11 May 2012 the date of the resolution for winding up Statement of truth | believe that the facts stated in this Statement of Affairs are true Full Name SHE Roe. HW Ens wereek Signed : ESR a Dated 1 | os ) la Verity Education Limited “Statement Of Affairs as at 11 May 2012 A- Summary of Assets Estimated to Assets Book Value Realise £ £ Assets subject to fixed charge Factored Book Debts 103,502 97 103,502 97 Amount Due to Close Invoice Finance Ltd (35,976 77) 67,526 20 67,526 20 Assets subject to floating charge: 2,423 00 2,423 00 Computer Equipment §22 00 §22 00 Furniture & Equipment 100 Uncertain Intellectual Property 1,025 16 1,025 16 Cash at Bank Uncharged assets: 71,496 36 Estimated total assets available for preferential creditors Ke Signature pate__/) lostha 7 | Verity Education Limited ‘Statement Of Affairs as at 11 May 2012 A1 - Summary of Liabilities Estimated to Realise £ Estimated total assets available for preferential creditors (Carried from Page A) 71,496 36 Liabilities Preferential Creditors - NIL Estimated deficiency/surplus as regards preferential creditors 71,496 36 Debts secured by floating charge pre 15 September 2003 Other Pre 15 September 2003 Floating Charge Creditors NIL 71,496 36 Estimated prescribed part of net property where applicable (to carry forward) NIL Estimated total assets available for floating charge holders 71,496 36 Debts secured by floating charges post 15 September 2003 NIL Estimated deficiency/surplus of assets after floating charges 71,496 36 Estimated prescribed part of net property where applicable (brought down) NIL Total assets available to unsecured creditors 71,496 36 Unsecured non-preferential claims (excluding any shortfall to floating charge holders) Trade & Expense Creditors 8,012 35 HM Revenue & Customs - PAYE 108,955 79 HM Revenue & Customs - VAT 275,949 22 Shareholders Loan Account 1,800 00 394,717 36 Estimated deficiency/surplus as regards non-preferential creditors (excluding any shortfall in respect of F.C's post 14 September 2003) (323,221 00) Estimated deficiency/surplus as regards creditors (323,221 00) Issued and called up capital Ordinary Shareholders 1,000 00 1,000 00 Estimated total deficiency/surplus as regards members (324,221 00) — Signature mi Date / } / of) a 140 | abeg 82 LE Zb0z Aew bh LL0Z 48A TOS Sdi Sinyeubig BunejyoL saijuz 9} eb p69 OCY XVB SAS ‘WOPUDT ‘JeMuaqueD ‘peoy Je}OUOW| 9 Aeineoew S SIN ooWwSs 000 Ad6 8VC ‘WA ‘281 XO” Od ‘sajey sseusing pouNoD AyD JaSUIWSAAA LOMO €2 bed AdG BVC ‘WWE '28) XO” Od ‘sajey ssouisng jounog Aig JaysuIUsanA OOMO €t bel GAZ PNN ‘uo}dweYON ‘siilwysny p ‘esnoy Yoory YN Yyoory 00Y¥d $6 9Se'e DLP YLOAM ‘UOpUOT ‘Moy PLOIpag 7Z sjugjunoooy parayeyo eibual ¢ eUeW, oOOWD 00 096 ZOHD dV 277 Joodiaarq ‘yo0q sueaNny ‘Wun 1ejUed LWA ‘ suonesadg Aouanjosul (LWA) Swo}sng 9 EBNUsAaY WH @Z 6V6'SZ ZZ} S6AN ‘auc UodT ayseomaN ‘Uo}Uaqbu0] ‘Mala ed LOJA '2OZEda WOOY (SAVd) swojsng g enueAey WH OHS 62 SS6'80L ASP ZLNG ‘Xessns yseny ‘BuYLonA (19) swoysny 9 enueAsdy WH OOHO 000 ‘peoy uojSueg ‘asno}y eBpig uo}BuLung ‘Aousjosul gp JUswWadIOjUZ JUswebeueW 399q MV S6ND ‘Aang ‘Aajaquueg ‘09 Bay juaLuAed ssauisng sed ysiig 0099 69 ZhL dSS LAAN ‘UopuocT ‘Jeans Jayxeg ‘NOD Wa}lYD Ob Jaauibuz S$ SW L049 00 008'l NMZ 7X4 ‘YSLAXa ‘peoy Aeids¢ ‘esnoy AaidscQ ABsauz 403 0049 000 1000 AML €N@ ‘xessns }se3 ‘eAoH 'peoy axkq Sg) ‘asnoyH pueledpiy POPWI'] SOCUI SOIOAU] SSO}D 22 926'SE S0Z Lag ‘Wnqyoelg ‘Wed SSeuIsng YUOMspeYs ‘BAG SuOr] ‘aAlyaag SUL | JEQUINN Angas o1u0sj99}4 qqnuD 0099 Or BLZ Jaz cq ‘weySuiumg eas ||EMUJOD Z ‘OSON - Dd» 9/9 Sd Se ysnug Logo 000 0089 MMLLHO ‘weuing ‘Moy souapiadid ‘31 Weng ‘AA juawpedeq Id wossjeal ysug 000 TNS ELUM ‘aulysia}saqu0jy ‘WeAleW ‘Aa[peld ‘@SNOH [IIH uase9 snbuy 00va 62 S88'L ssauppy owen Kay 3 sioyipaig Aueduios - g paywiy uoneonpy Aya, dT1 vospny aAjujoeW L401 e6eg vy OL Z10z ACW PL 0102 8A 10S Sdi aumeubis BuryjejoL Sauyuy ¢ 000'r uMOUyUN SsaJppy pay] shuipjoy ueyse LOLH ash 0 Ost 0 OO01H umouxun sseippy evebisinuy ) 002 0 002 0 GSS LAN ‘uopuc7 ‘aaqjs Jayeg ‘NOD Way oF Jeaui6u9Z SSW -003H 0s9 0 0s9 0 ssaippy owen kay [RIO 4340 pio $2ld slopjoyeseys - 9 pay] uojeonpy Aja, dT] uospny aAjupen