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 03804397 Name of Company Global Business Television Limited |/We Jeremy Nigel lan Woodside Christopher Ratten Arkwright House Arkwright House Parsonage Gardens Parsonage Gardens Manchester Manchester M3 2LF M3 2LF the liquidator(s) of the above named company attach a statement of the company affairs as at 16 March 2012 Signed Date 16 March 2012 V7 RSM Tenon Recovery For Te Use Arkwright House ee Software Supplied by Turnkey Computer Technology Limited Glasgow 23/03/2012 COMPANIES HOUSE Rule 4 34-CVL Form 4 19 Statement of Affairs Statement as to affairs of Global Business Television Limited on the 16 March 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 Dow TTx(n WA wernt Signed ipo Dated UE 3S: [2 Global Business Television Limited Statement Of Affairs as at 16 March 2012 A- Summary of Assets Estimated to Assets Book Value Realise £ £ Assets subject to fixed charge: Assets subject to floating charge: Uncharged assets’ Estimated total assets available for preferential creditors NIL = Signature M Po Date IG ~ Ste Global Business Television Limited Statement Of Affairs as at 16 March 2012 A1 - Summary of Liabilities Estimated to Realise £ Estimated total assets available for preferential creditors (Carried from Page A) NIL Liabilities Preferentral Creditors - NIL Estimated deficiency/surplus as regards preferential creditors Nit Debts secured by floating charge pre 15 September 2003 Other Pre 15 September 2003 Floating Charge Creditors National Westminster Bank Ple 53,000 00 53,000 00 (53,000 00) Estimated prescribed part of net property where applicable (to carry forward) NIL Estimated total assets available for floating charge holders (53,000.00) Debts secured by floating charges post 15 September 2003 NIL Estimated deficiency/surplus of assets after floating charges {53,000 00) Estimated prescribed part of net property where applicable (brought down) NIL Total assets available to unsecured creditors (53,000 00) Unsecured non-preferential claims (excluding any shortfall to floating charge holders) Trade & Expense Creditors 7,672 00 Mr Dominic Moran 23,000 00 HM Revenue & Customs - VAT 37,592 00 HM Revenue & Customs - PAYE 41,014 00 109,278 00 Estimated deficiency/surplus as regards non-preferential creditors (excluding any shortfall in respect of F.C's post 14 September 2003) (162,278 00) Estimated deficiency/surplus as regards creditors {162,278 00) Issued and called up capital Ordinary Shareholders 128 00 128 00 Estimated total deficiency/surplus as regards members (162,406 00) Signature : ‘ Date (SG . 3 : (7 tv RSM Tenon Recovery Global Business Television Limited A2 - Secured Creditors Statement of Affairs Figures Key Name £ CNOO National Westminster Bank Pic 53,000 00 224 Kings Road Chelsea London SwW3 5UB Debenture Date 18 February 2002 4 Entries Totalling 53,000.00 Signature Page 1 of 1 IPS SQL Ver 2010 15 March 2012 08 36 RSM Tenon Recovery Global Business Television Limited A& - Unsecured Creditors Statement of Affairs Figures Key Name £ cboo Mr Dominic Moran 23,000 00 43 Rivers House London W4 1SN CG00 Groovy Gecko 7,000 00 21 John St London WC1N 2BF CHO1 HM Revenue & Customs 37,592 00 lnsolvency Operations Queens Dock Liverpool L74 4AF Ccloo HM Revenue & Customs 41,014 00 Durrington Bridge House Barrington Road Worthing West Sussex BN12 4SE csoo Student Loans Company 672 00 11 Carnegie Road Glasgow G52 4JT 5 Entries Totalling 409,278 00 @ - Denotes associate creditor Signature Page 1 of 1 IPS SQL Ver 2010 15 March 2012 13 47