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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
                                                                                          08369961
                            Name of Company
(a)   Insert full name of
      company               ® WWW LOVE2SLEEP CO UK LIMITED



(b)   Insert full   name    VWe       Alex Kachan
      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 © 30 January 2014



                             Signed           Va                                       Date: 30 January 2014



The presenter’s name,       Crawfords Accountants LLP                                   For Official Use
address and reference       Stanton House                            Liquidation Section               Post Room
                            41 Blackfriars Road
                            Salford
                            Manchester     M3 7DB
                                                                      THURSDAY




                                                                                            *A31M86CZ*
                                                                                 A0S         13/02/2014     #183
                                                                                        COMPANIES HOUSE
    Rule 4.34-CVL                                                                  Form 4.19

                    Statement Of Affairs



                    IN THE MATTER         OF WWW.LOVE2SLEEP.CO.UK                LIMITED

                    and

                    IN THE MATTER OF THE INSOLVENCY ACT 1986

                    Statement as to the affairs of WWW     LOVE2SLEEP CO UK LIMITED

                    on the 30 January 2014 the date of the resolution for winding up


                    Statement of Truth


                    1/We        Mrs Ayesha Khan

                    of          | Saltire Gardens, Salford, Manchester, M7 4BG




                    Make a Statement of Truth and say that the several pages exhibited hereto and
                    marked “AK1” are to the best of my knowledge and beliefa full, true and complete
                    statement as to the affairs of the above named company as at 30 January 2014 the
|                   date of the resolution for winding up and that the said company carried on business
                    as Supplier of pillows/duvets




                    Signature          py       ee       Gam         .

                                            §
                    Date                 30 January 2014
                                            IN THE MATTER OF

                                  WWW.LOVE2SLEEP.CO.UK             LIMITED




This 1s the exhibit marked “AK 1” referred to in the Statement of Truth of Mrs Ayesha Khan
NS   TT
A~ Summary of Assets

ASSETS                                           Book Value | Estimated to
                                                                 Realise
Assets specifically pledged:-                        £              £




Assets not specifically pledged:—
Cash in Hands of Accountants                       2,000          2,000




Estimated total assets available for creditors     2,000          2,000




Signature   world ce,
                (


Date

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

                                                                                Estimated to
                                                                                   Realise

                    Estimated total assets available for                            2,000
                    creditors (from Summary of Assets)
Liabilities



Estimated surplus as regards creditors                                              2,000
        Debts secured by a floating charge:—




Estimated surplus of assets available for non-preferential creditors               2,000
        Non-preferential claims:—
                                                                           £
        Trade creditors per schedule                                   21,000
        Crown creditors per schedule                                      400
        Bank creditor                                                      32
        Director’s loan account                                        12,829
                                                                                  34,261
Estimated deficiency as regards creditors                                         32,261


                                                                           £
        Issued and called-up capital:-                                    100
                                                                                      100
Estimated deficiency as regards member                                            32,361




Signature     pea               Oo


Date


Summary of Liabilities (7/98)
                           WWW.LOVE2SLEEP.CO.UK LIMITED

Notes to the Statement of Affairs

1      The director advises that there are no company assets at the date of the Liquidation other
       than a cash balance of £2,000 which      has been transferred to Crawfords’    trust account
       pending the appointment of a Liquidator and is shown as cash in hands of accountants on
       the Statement of Affairs.

       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

       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 1s 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 is no qualifying floating charge in thts case so the prescribed part provistons do not
       apply
       Subject to the costs and expenses of the winding up

       Subject to the verbal explanations to be given at the meeting of creditors 30 January
       2014.

          Estimated Deficiency Account                                       £                      £
          Amounts written off assets’

          Book Value                                                         2,000
          Estimated to Realise                                               2,000
                                                                                              NIL

          Profit and Loss Account ~ 31 October 2013                                        30,509

          Estimated trading losses for the period from
          1 November 2013 to cessation                                                      1,852

          Estimated Total Deficiency as per
          Statement of Affairs                                                             32,361
                              WWW.LOVE2SLEEP.CO.UK LIMITED


Schedule of Trade Creditors

                                                                                              £
Duvet Pillow & Linen Co. Ltd, 54 Red Bank , Manchester M8 8QF (Est)                      20,000 00

M Salim & Co, Lord House, 51 Lord Street, Off Cheetham Hill Road, Manchester, M3          1,000 00
IHE


                                                                                         21,000 00



Schedule of Crown Creditors

 HM       Revenue & Customs, Central National Insolvency Unit, 5th Floor Regian House,        £
 James Street, Liverpool, L75 1AD [VAT] Ref 164 1585 06                                    400 00


                                                                                           400 00

Bank Creditor

                                                                                              £
      Royal Bank of Scotland Plc, Manchester Business Team, Ground Floor, 38 Mosley           32 52
      Street, Manchester, PO Box 5431, M61 OHY    Ref   161611   11140204 & 11147764

                                                                                              32 52

Schedule of Director’s Loan Account

                                                                                              £
      Ayesha Khan, | Saltire Gardens, Salford, Manchester, M7 4BG                        12,829 00

                                                                                         12,829 00




  Total                                                                                  34,261 52