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                                                                                                             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

                                                                                                       01486046


                            Name of Company


                              Murray Group Management Limited


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                            John Charles Reid, Saltire Court, 20 Castle Terrace, Edinburgh, EH1 2DB

                            Christopher McKay, Lomond House, 9 George Square, Glasgow, G2 10Q




                            the liquidator(s) of the above named company attach a statement of the company affairs
                            as at $/1/2015




                            Signed                                   °            Date         19 January 2015


                            Deloitte LLP
                            Lomond House                                              For Official Use
                            9 George Square                              Insolvency Section           Post Room
                            Glasgow
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                                                                                                        COMPANIES HOUSE         I
Rute 4 34-CVL                                                                                                                Form 4 19


           Statement of Affairs

           Statement as to affairs of              MURRAY GROUP MANAGEMENT LIMITED



           on the       Sth          day of      January                            2015   being a date not more than 14 days before
           the date of the resolution for winding up



            Statement of truth

            I believe that the facts stated in this Statement of Affairs are true




            Fullname     MICHAEL SCOTT MCGILL
            Position     Director



            Signed



            Dated
                         Sth JANUARY 2015
A- Summary of Assets

                                                                                    Book         Estimated to
Assets                                                                              value           Realise
                                                                                      £                £
Assets subject to fixed charge




Assets subject to floating charge




Uncharged assets
            CASH                                                                        49,916          49,916
            Claim against Murray Group Holdings Limited                              4,000,000                   :
            in relation to assumption of hability re Corporation
            Tax & interest




Estimated total assets avatiable for preferential creditors                  £       4,049,916          49,916



Signature                                                          Date

            MICHAEL SCOTT MCGILL (Director)                               5th JANUARY 2015
Al-Summary of Liabilities
                                                                                                                     Estimated to
                                                                                                                        Realise
                                                                                                                          £
                 Estimated total assets available for preferentiaf creditors
                                   (carried from page A)                                                         £            49,916


Liabilities
              Preferential creditors -                                                       £

Estimated deficiency/surplus as regards preferential creditors                                                   £            49,916


Estimated prescribed part of net property where applicable (to carry forward)                £


Estimated total assets available for floating charge holders                                                     £            49,916


Debts secured by a floating charge                                                           £


Estimated deficiency/surplus of assets after floating charges                                                    £            49,916


Estimated prescribed part of net property where applicable (brought down)                    £


Total assets available to unsecured creditors                                                                    £            49,916


Unsecured non-preferential claims (excluding any shortfall to floating charge holders)        £    (4,000,000)          (4,000,000)


Estimated deficiency/surplus as regards non-preferential creditors (excluding any                                £      {3,950,084}
shortfall to floating charge holders)

Shortfall to floating charge holders (brought down)                                           £


Estimated deficiency/surplus as regards creditors                                                                £      (3,950,084)


issued and called up capital                                                                  £     1,308,571             1,308,571


Estimated total defictency/surplus as regards members                                                            E       {5,258,655}



              Signature                                              Date
                           MICHAEL SCOTT MCGILL (Director)                      Sth JANUARY 2015
                                                                                            8
                                                                               Comp any Creditors
Note You must include ali creditors and identify creditors under hure-purchase, chattel leasing or conditional sale agreements and customers claiming amounts paid in advance of the
supply of goods or services and creditors claiming retention of title aver property in the company's possession

  Name of creditor or                     Address                     Amount of            Details of any security held               Date security                  Value of
       claimant                       {with postcode)                    debt                       by creditor                           given                      security
                                                                                                                                                                         €

                                 Elgin House, 20
HMRC - Corporation               {Haymarket Yards,
Tax & Interest                   Edinburgh EH12 SWN                       4,000,000 | NONE                                         NONE




TOTAL                                                                     4,000,000



NOTE HMRC MAY CONSIDER MURRAY GROUP MANAGEMENT LIMITED TO BE THE CREDITOR IN RESPECT OF CORPORATION
TAX WHICH IS SHOWN WITHIN MURRAY GROUP HOLDINGS LIMITED MURRAY GROUP HOLDINGS ASSUMED THIS LIABILITY IN
APRIL 2011 WHEN THE ASSETS AND KNOWN LIABILITIES OF MURRAY GROUP MANAGEMENT LIMITED WERE TRANSFERRED TO
MURRAY GROUP HOLDINGS LIMITED FOR VALUE WITH MURRAY GROUP MANAGEMENT LIMITED HAVING £S0K OF NET ASSETS
IMMEDIATELY BEFORE AND AFTER THE TRANSACTION HOWEVER, THE CONSENT OF HMRC TO THE TRANSFER OF LIABILITY WAS
NOT OBTAINED AND THEREFORE MURRAY GROUP MANAGEMENT LIMITED MAY STILL BE VIEWED BY HMRC AS THE PRINCIPAL
DEBTOR NOTWITHSTANDING THE ASSUMPTION OF LIABILITY BY MURRAY GROUP HOLDINGS LIMITED