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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

                                                                                         08903907
                             Name of Company
(a)   Insert full name of
      company                ® Teppan 260 Leeds Limited



{b)   Insert   full   name   We        Alex Kachant
      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    19 March 2015


                             Signed              Ay “oA.        \                 Date     19 March 2015



The presenter’s name,        Crawfords Accountants LLP                             For Official Use
address and reference        Stanton House                             L qui
                             41 Blackfriars Road
                             Salford
                             Manchester M3 7DB
                             C658/S/AK/SH                                                      *A442T YG"
                                                                                   A27          27/03/2015         #242   |
                                                                                            COMPANIES HOUSE
Rule 4.34-CVL                                                                Form 4.19

                Statement Of Affairs


                IN THE MATTER          OF TEPPAN       260 LEEDS   LIMITED

                and

                IN THE MATTER          OF THE INSOLVENCY ACT 1986

                Statement as to the affairs of Teppan 260 Leeds Limited

                on the 19 March 2015 the date of the resolution for winding up


                Statement of Truth


                I/We         Mr Bok Mun Chan

                of           71 Cornwall Road, Harrogate, North Yorkshire, HG!   2NB




                Make a Statement of Truth and say that the several pages exhibited hereto and
                marked “BMC1” are to the best of my knowledge and beltefa full, true and complete
                statement as to the affairs of the above named company as at 19 March 2015 the date
                of the resolution for winding up and that the said company carrted on business as a
                restaurant




                                                             —_
                Signature              “a


                Date                   19 March 2015
                                           IN THE MATTER OF

                                      TEPPAN 260 LEEDS LIMITED




This 1s the exhibit marked “BMC1” referred to in the Statement of Truth of Mr Bok Mun Chan
A— Summary of Assets


ASSETS
                                                              Book Value   Estimated to
                                                                             Realise

Assets specifically pledged:-                                                   £
                                                                  £




Assets not specifically pledged:—

Cash at Bank                                                   28,503         28,503




Estimated total assets available for preferential creditors    28,503        28,503




Signature
                a              a
Date

Summary     of Assets (7/98)
Al — Summary of Liabilities

                                                                                        Estimated to
                                                                                          Realise

                      Estimated total assets available for preferential                    28,503
                      creditors (from Summary of Assets)
Liabilities

            Preferential Creditors:—

                                                                               Nil            Nil



Estimated surplus as preferential creditors



         Debts secured by a floating charge:—

                                                                               Nil            Ni



Estimated surplus of assets available for non-preferential creditors                      28,503

         Non-preferential claims:—
                                                                                    £
         Trade creditors per schedule                                      38,811
         Crown creditors per schedule                                      17,239
         Shareholder's Loan                                               280,159
                                                                                         336,209
Estimated deficiency as regards creditors                                                307,706


                                                                                    £
         Issued and called-up capital:-                                             1
                                                                                                    1

Estimated deficiency as regards member                                                   307,707




Signature        Zz ad a

Date

Summary of Liabilities (7/98)
                                  TEPPAN 260 LEEDS LIMITED

                                     Estimated Deficiency Account
                             For the Period 1 June 2014 to 19 March 2015

                                                                                      £

Accumulated losses as 31 January 2015                                            316,551

Amounts written off in Statement of Affairs                                          NIL
Balance being estimated trading profit for the period from
1 February 2015 to date of Inquidation [Note 7]                                    8,844
Total Estimated Deficiency                                                      307,707




                                  Notes to the Statement of Affairs

  The director advises that the sole remaining asset of the company 1s cash at bank in the sum of
  £28,503 93 and this balance has been independently verified with the bank The original of this
  residual cash balance has arisen from the sale of the company’s lease interest to Be at One
  Limited, an independent third party, for £100,000 plus VAT, which was transacted at arm’s
  length and for full value with the assistance of solicitors The sale of the company’s lease
  interest resulted in a net balance of circa £102,000 being paid into the company’s bank account
  Following a preliminary review of the company’s bank statements, 1t would appear that the sum
  of £102,000 has been allocated by the company as follows -

  Bloomdean Limited                 46,000
  Other Creditors                   27,497
  Balance at Bank                   28,503
                                   102,000

  The appointed Liquidator will need to examine in further details the allocation of funds made by
  the company following the sale of the company’s lease interest

  Apart from the above cash balance at bank, there are no other company assets

  Claims of creditors are subject to agreement in due course The amounts stated will not preyudice
  your clarm which will be agreed, 1f appropriate, by the Liquidator in due course It should be noted
  that the claim for Bloomdean 1s shown net of receipt of £46,000 following the allocation of funds
  from the sale as explained above, resulting in a current balance of £280,159 23 as at the date of the
  liquidation

  No provision has been made for any preferential or unsecured claims by employees under the
  terms of the Employment Rights Act 1996
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 tts assets to a lender on or after 15 September
2003 This ts known as the “prescribed part of the net property ” A company’s net property is
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 1n this case so the prescribed part provisions do not apply
in this case

Subject to the costs and expenses of the winding up

The Deficiency Account estimated that there was a final trading profit of circa £8,844 for the
period from | February 2015 to date of liquidation This 1s likely to relate to two creditors whose
claims have not been quantified on the Statement of Affairs and/or other creditor balances which
have not yet been finalised in the draft accounts
                                           TEPPAN 260 LEEDS LIMITED

                                                      Schedule of Creditors

Trade Creditors                                                                                                 £

Leeds List Limited 64 Wellington Street, Leeds, LS1 2EE                                                             690 00

Decor Interior Solutions, Marsland Barn, Back Lane, Sharrow, HG4 5BP            Ref   DECOOt                   3,782 20

CK Wong, 469 Kingsway,       Manchester,    MI9 INR                                                             1,360 00

Yorkshire Water, PO Box 52, Bradford, BD3 7YD         Ref   51004 249 002 14999                                 1,655 79

Open Table International Ltd, 3rd Floor, 15 Worship Street, London, EC2A 2DT            Ref       FS287887     Disputed
[Note 1]
Leeds City Council PO Box 60, Leeds, LS2 8JR Ref 901462610                                                    21,149 90

NGC Network Solutions Ltd, 2 Navigation Court, Calder Park, Wakefield, WF2            7BJ     Ref   TEPO01    To follow

BT, Department W, Durham TE, Providence Row, Durham, DH1             IRR                                      To follow
Ref     WM 4061 7337 Q003 71

British Gas Business, Spinneyside, Penman Way, Grove Park, Leicestershire, LEI9             1SZ                9,955 60
Ref 670147874
Global payment, GPUK LLP, 51 De Montfort St , Leicester LE] 7BB, Ref            17453481                              649

Go Dine Ltd, 3 Floor, 19 Stoney Street, Nottingham, NG!       1LP                                                   109 92

Payroll Bureau, 20a Prospect Street, Bridlington, West Yorkshire, YOIS        2AL                                   100 80

                                                                                                              38,810 70




Crown Creditors                                                                                                 £

HM      Revenue & Customs, NI Contributions Office, Insolvency      Longbenton, Newcastle upon Tyne,                 70 20
NE98 1ZZ Ref S85/NY30596
HM Revenue & Customs, National Insolvency Unit, 5th Floor Regian House, James Street, Liverpool,              17,169 14
L751AD Ref 181 2452 24
                                                                                                              17,239 34




Loan Account                                                                                                    £

Bloomdean Limited, 28 Swan Road, Harrogate, North Yorkshire, HGI 2SE                                         280,159 23

                                                                                                             280,159 23




Total                                                                                                        336,209.27


Note | — Open Table International Limited has made a claim against the company in the sum of circa £122 but this amount
ts being disputed by the company in full