Rule 4.34-CVL The Insolvency Act 1986 Form 4.20 Statement of Company’s Affairs Pursuant to Section 95/99 of the S.95/99 Insolvency Act 1986 To the Registrar of Companies For Official Use Company Number 109084592 Name of Company (a) Insert full name of company © Mughal Takeaway Ltd (b) Insert full name V/We © Alex Kachani and address of Crawfords Accountants LLP, Stanton House 41 Blackfriars Road Salford Manchester, M3 7DB (c) Insert date the Liquidator(s) of the above named company attach a statement of the company’s affairs as at © 02 April 2015 Signed Aree As Date 02 April 2015 The presenter’s name, Crawfords Accountants LLP ] For Official Use address and reference Stanton House Liquidation iquidation Sect section Post Room 41 Blackfriars Road Salford Manchester M3 7DB C660/5/AK/SH *A44XQUTK* A06 08/04/2015 #58 COMPANIES HOUSE Rule 4.34-CVL Form 4,19 Statement Of Affairs IN THE MATTER OF MUGHAL TAKEAWAY LTD and IN THE MATTER OF THE INSOLVENCY ACT 1986 Statement as to the affairs of Mughal Takeaway Ltd on the 02 April 2015 the date of the resolution for winding up Statement of Truth I/We Mrs Seema Usman of 52 Egerton Road South, Manchester, M2! 0ZH Make a Statement of Truth and say that the several pages exhibited hereto and marked “SUI” are to the best of my knowledge and belief a full, true and complete statement as to the affairs of the above named company as at 02 April 2015 the date of the resolution for winding up and that the said company carried on business as Takeaway Signature MN Oorrw’! Date 02 April 2015 IN THE MATTER OF MUGHAL TAKEAWAY LTD This ts the exhibit marked “SU1” referred to in the Statement of Truth of Mrs Seema Usmani A-—Summary of Assets ASSETS Book Value | Estimated to Realise Assets specifically pledged:- £ £ Assets not specifically pledged:— Estimated total assets available for creditors NIL NIL Signature Date as \ \L Summary of Assets (7/98) Al — Summary of Liabilities Estimated to Realise Estimated total assets available for NIL creditors (from Summary of Assets) Liabilities Estimated surplus as regards creditors NIL Debts secured by a floating charge:— Estimated surplus of assets available for non-preferential creditors NIL Non-preferential claims:— £ Trade creditors per schedule 37,691 Crown creditors per schedule 862 Director’s loan account 6,300 44,853 Estimated deficiency as regards creditors 44,853 £ Issued and called-up capital:- 1 1 Estimated deficiency as regards member 44,854 Signature Date "vA \. N¢ Summary of Liabilities (7/98) Mughal Takeaway Ltd Notes to the Statement of Affairs ! The company’s fixtures and fittings and all catering equipment are owned by the landlord and the company therefore does not have any asset The company operated a bank account with National Westminster Bank Plc but this account was closed with a nil balance on 2 March 2015. Claims of creditors are subject to agreement in due course The amounts stated will not prejudice your claim which will be agreed, 1f appropriate, by the Liquidator in due course The company has been issued with a fine in the sum of £30,000 for breached of employment law but the company disputed this liability on the grounds that the three people found on the premises were not employees of the company No provision has been made in respect of claims by employees under the terms of the Employment Rights Act 1996 The company ts not VAT registered Section 176A of the Insolvency Act 1986 (as amended) requires the Liquidator to set aside a percentage of a company’s assets for the benefit of the unsecured creditors in cases where the company gave a “qualifying floating charge” over its assets to a lender on or after 15 September 2003. This is known as the “prescribed part of the net property ” A company’s net property 1s that left after paying the preferential creditors, but before paying the lender who holds a floating charge. A Liquidator has to set aside: - * 50% of the first £10,000 of the net property; and «20% of the remaining net property up to a maximum of £600,000 There 1s no qualifying floating charge in this case so the prescribed part provisions do not apply im this case Subject to the costs and expenses of the winding up Subject to the verbal explanations to be given at the meeting of creditors 2 April 2015 It has not been possible to prepare a Deficiency Account as no accounts have been prepared from the date of incorporation of the company The estimated deficiency to creditors of £44,853 relates to the trading losses from date of incorporatton to date of cessation of trade. MUGHAL TAKEAWAY LTD Schedule of Trade Creditors £ Ashiq Cash & Carry Ltd Ashig House, Sherborne Street, Cheetham Hill, Manchester, M8 8LE 101 45 Business Energy Solutions t/a BES Commentcal Gas Parkside Stand, Fleetwood Town Football 4,254 86 Club, Park Avenue, Fleetwood, FY7 6TX | Ref BES547115G EDF Energy 334 Outland Road, Plymouth, PL3 5TU Ref 671 056 387 195 460 86 EON Energy Solutions Limited Business Customer Service, P O Box 2010, Nottingham, NG1 61783 9GQ Immigration Enforcement, The Capital, New Hall Place, Liverpool, L3 9PP Ref 300659 30,000 00 [Disputed] Khanjra International Foods Ltd, Furthergate Industrial Park, Spice's House, Ordnance Street, 489 43 Bottorngate, Blackburn, BB1 3AE Ref MOGI9A Manchester City Council Business Rates Service, Revenues and Benefits Unit, PO Box 466, 854 00 Manchester, M166AT Ref 701542595 Rentokil Pest Control Credit Control, PO Box 4973, Dudley, DY1 9EY 120 00 Ref 1D/53/00349032/0001 SME Insurance Services Ltd Chantrell House, The Calls, Leeds, LS2 7HA Ref 1292848 7011 United Utilities PO Box 50, Warrington, WA55 1AQ_ Ref 421 773 5718 442 96 Veolia ES (UK) Ltd Kingswood House, Kingswood Crescent, Canneck, Staffordshire, WS11 279 79 8JP Ref 267598 37,691.29 Crown Creditor £ HM Revenue & Customs, NI Contributions Office, Insolvency Longbenton, Newcastle upon 862 18 Tyne, NE98 1ZZ___Ref_475/XB08301 862 18 Duirector’s Loan Account £ Mrs S Usman: 52 Egerton Street South, Manchester, M21 0ZH_ -loan account £5,250 6,300 00 unpaid wages £1,050 6,300 00 Total 44,853.47