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                                                                                                                         Form 4 20
Rule 4.34-CVL                The Insolvency Act 1986

                             Statement of Company's

                                                                                               a
                             Pursuant to Section 95/99 of the
                             Insolvency Act 1986


                                                                                                                      For official use



                             To the Registrar of Companies



                                                                                                       Company Number

                                                                                                          SSS83 73 7

                             Name of Company
   (a) Insert full name of
                  company    @     Totreeu
                                         ne                     SorriiE=>
                                                                                                                             Limited



                                      sargasTde                    Irwotciny S
   (b) Insert full name(s)
         and address(es)
                             We 0)    /POWYEINSS             FINID    Corer
                                      8B   WKH         OLD      /7/CSON
                                                                      NG               =
                                      SCEADOLC         OT,       FADIA Itt
                                      Bst.0            St.
           (c) Insert date   the liquidator(s) of the above-named company attach a statement of the company’s affairs as
                             ae)      “FS RwWwELhVRBEK               POs



                             Signed   FF                                     Date    JF-//-/ 24


       Presenter’s name,
address and reference (if                                                                          For Official Use
                      any)
                                                                                    Liquidation Section          Post Room




                                                                                           Hn          10/11/2014
                                                                                                   COMPANIES HOUSE
     Rule 4 34-CVL                                                                               Form4 19

                             Statement of Affairs


                             Statement as to affairs of
                             Interline Supplies Limited
                             on 7 November 2014



                             Statement of Truth

                             |, Dean Taylor, Director
(a) Insert full name and
               occupation    Of Interline Supplies Limited, A1 The Laurels Business Park, Wentlog, Cardiff, CF3
                             2EW
   ‘“) Insert full address
\Y
                             Believe and say that the pages marked A and B exhibited hereto are to the best of
                             my knowledge and beltef a full true and complete statement as to the affairs of the
                             above named company as at 7" November 2014



                             Signed   ea



                             Dated         7    10 ~ ep
                     INTERLINE SUPPLIES LIMITED

           DIRECTORS’ REPORT TO THE MEETING OF CREDITORS
     HELD PURSUANT TO SECTION 98-101 OF THE INSOLVENCY ACT 1986


HELD AT HAWKINS & COMPANY 115 MERTHYR MAWR ROAD BRIDGEND CF31 3NY
                   ON 7™ NOVEMBER 2014 AT 11.30 AM
                        INTERLINE SUPPLIES LIMITED

                                CONTENTS




Statutory Information

Directors’ History of the Business and any other matters


Statement of Affairs and creditors schedule

Financial Information

Deficiency Account
                        INTERLINE SUPPLIES      LIMITED

                         STATUTORY     INFORMATION

Company Number           8583737

Date of Incorporation   25 June 2013

Nature of Business

Trading addresses       A1 The Laurels Business Park
                        Wentlog Cardiff
                        Cardiff
                        CF3 2EW


Registered office        Hawkins and Company
                         No 5 The Old Parsonage
                         Redcroft
                        Winters Lane
                         Redhill
                         BS40 5SL

Share Capital           Authorised and Issued       1 shares of £1 each

Shareholding             Dean Taylor 100%
                                                                    Appointed
Directors                Dean Taylor                                25 06 2013

Secretary                None

Auditor                 None


Chartered Accountant     None


Mortgages/Charges        None registered
                                     INTERLINE SUPPLIES LIMITED

              DIRECTORS’ HISTORY OF THE BUSINESS AND ANY OTHER MATTERS



Background

i had an tdea to set up a business selling alcohol to local businesses _ | thought it would be better to
form a company    After a few months | had to take a second job and was working away from home
so no business was done during this period | did not have a bank overdraft or any loans or any
personal guarantees

The rent was £4,600 every 6 months and it ts patd up to date

| realise now that | should have had more knowledge of the type of business | was carrying out and
when HMRC came and took away all my stock | had no alternative other than to cease trading and
because of the lack of trade there is no way that | can pay HMRC the sum of money they now require
from me On the night following HMRC's visit my premises were broken into and all my computer
equipment and paperwork was stolen

Insolvency Advice

In October 2014, the directors sought advice from Hawkins and Company, who confirmed that
Interline Supplies Limited was insolvent within the meaning of s123 of the Insolvency Act 1986 and
should be wound up Subsequently a meeting was held on the 21st October 2014 and the appropriate
notices were signed and dispatched to members and creditors

Cost associated with the liquidation

A fee of £6,000 plus VAT and disbursements has been agreed with Hawkins and Company for assisting
in the preparation of this report and the Statement of Affairs and convening meeting of members and
creditors

Other Matters

This report and Statement of Affairs has been compiled by Hawkins and Company from the information
provided by the directors and has been approved by the directors for circulation




     Ba
     —

Dean Taylor

 Dated   7" November 2014
INTERLINE SUPPLIES LIMITED                                                 A

Estimated Statement of Affairs as at 7" November 2014



                                                      Notes   Book value   Estimated
                                                                            To realise
                                                                    £            £

Estimated Summary of Assets

  Tangible assets
       Short leasehold
       Fixtures, fittings and equipment
                Plant & Machinery etc                         Nil                Nil

  Intangible assets
       Book debts
       Stock/tooling                                          Nil               Nil
       Cash

Estimated total assets available for preferential
Creditors
                                                                                Ni
Summary of Liabilities

Preferential creditors — unpaid wages & holiday pay                            Nil

Estimated surplus as regards preferential creditors
Unsecured claims
  Trade and expense creditors as per schedule B                                17,676
  Notice and redundancy pay
  HM Revenue & Customs, PAYE and VAT                                       306,859
  HM Revenue & Customs, Corporation tax
  Landlord


Estimated deficiency as regards creditors                                  324,535
Issued and called up capital                                                      1
Estimated deficiency as regards members                                    324,536



Subject to the costs of Liquidation
             INTERLINE SUPPLIES LTD.
                                                                                                 B
             Schedule of Creditors


                        Name of creditor                            Address                    Estimated
                           Or claimant                          (with postcode)                  Claim
                                                                                                   £

             Cardiff County Council             PO Box 9000, Cardiff, CF10 2WD                   5,676


             HMRC - VAT                         Mr Martin Tossell, HMRC, Cnminal Taxes Unit,   306,859
                                                $0842, PO Box 198, Bootle, L69 9AF
    |

             Dean Taylor                        54 Ferntree Drive, Cardiff, CF3 OAA             12,000

        we




|                                                                                               324,535




        —     Summary

              Trade creditors          17,676
              PAYE & VAT              306,859
                          INTERLINE SUPPLIES LIMITED

                           FINANCIAL INFORMATION


                                           Unaudited a/c’s | Unaudited a/c’s y/e
                                            y/e 30/04/2011           30/04/2012
                                                      £'000                £000
Turnover
Net profit before tax
Taxation
Dividends
Director's Remuneration
Profit and loss account


NO ANNUAL ACCOUNTS OR MANAGEMENT ACCOUNTS HAVE EVER BEEN PREPARED FOR
THIS COMPANY
                                    INTERLINE SUPPLIES LIMITED
                                        DEFICIENCY ACCOUNT

                                                            Notes
Balance on Profit & (Loss) account 30 April 2012

Less assets written down on Statement of Affairs:




                                                                               (Nil)
                   on liquidation:
Less matters arising
None                                                                Nil

                                                                               (Nil)
Total Deficiency to creditors                                             (324,535)

Balance being apparent trading profit in period 30" April
2012 to 4 March 2013

Total Deficiency per the Statement of Affairs                             (324,535

Share capital                                                                    (1)
Total Deficiency to members                                               (324,536)




NO ANNUAL ACCOUNTS OR MANAGEMENT ACCOUNTS HAVE EVER BEEN PREPARED FOR
THIS COMPANY