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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

                                                                                     08078516
                            Name of Company
(a)   Insert full name of
      company                  Ar Yuen Limited




(b)   Insert full   name    I/We ©   David N Kaye
      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 ©) 7 November 2013



                            Signed                      AN                     Date    7 November 2013



‘The presenter’s name,      Crawfords Accountants LLP                            For Official Use
address and reference       Stanton House                           Liquidation Section          Post Room




                            ae
                            41 Blackfriars Road
                            Salford



                                                                                wun
                            Manchester M3 7DB




                                                                                           tantoot             #323
                                                                                       COMPANIES HOUSE
Rule 4.34-CVL                                                                Form 4.19

                Statement Of Affairs



                IN THE MATTER         OF Ar Yuen Limited

                and

                IN THE MATTER OF THE INSOLVENCY ACT 1986

                Statement as to the affairs of Ar Yuen Limited

                on the 7 November 2013 the date of the resolution for winding up


                Statement of Truth


                I/We        Mr Ngau Cheung
                of          77 High Street, Uppermill, Oldham, OL3 6AP




                Make a Statement of Truth and say that the several pages exhibited hereto and
                marked “NC1” 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 7 November 2013 the
                date of the resolution for winding up and that the said company carried on business
                as Restaurant




                Signature            Mp        Gy

                                        Vv             Vv

                Date                 7 November 2013
                                          IN THE MATTER OF

                                             Ar Yuen Limited




This 1s the exhibit marked “NC1” referred to in the Statement of Truth of Mr Ngau Cheung
A — Summary of Assets

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




                                                                    None           None




Assets not specifically pledged:—




Funds in Hands of Accountant                                        7,200         7,200




Estimated total assets available for preferential creditors                       7200

                     rt



Signature           an

Date

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

                                                                               Estimated to
                                                                                  Realise
                  Estimated total assets available for preferential        £          7,200
                  creditors (from Summary of Assets)
Liabilities
        Preferential Creditors:—                                           £
                                                                         Nil            Nil


Estimated surplus as preferential creditors                                £          7,200


        Debts secured by a floating charge:—
                                                                                        Nil


Estimated surplus of assets available                                      £          7,200
for non-preferential creditors
        Non-preferential claims:—                                          £
        Trade creditors per schedule                                  63,133
        Crown creditors per schedule                                  19,624         82,757


Estimated deficiency as regards creditors                                  £         75,557


                                                                           £
        Issued and called-up capital:-                                   100
                                                                                        100
Estimated deficiency as regards members                                    £         75,657




Signature          in

Date        ~



Summary of Liabilities (7/98)
                               Ar Yuen Limited t/a Pacific Restaurant

                                    Notes to the Statement of Affairs




Estimated to realise value of assets at valuation of director

Claims of creditors are subject to agreement in due course       The amounts stated will not preyudice your
claim which will be agreed, 1f appropriate, by the Liquidator in due course

No provision has been made 1n respect of claims by employees under the terms of the Employment Rights
Act 1996

No account has been taken of any clatms by creditors under a Retention of Title clause

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 im cases where the company gave a
“qualifying floating charge” over its 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 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 ts no qualifying floating charge 1n this case so the prescribed part provisions do not apply

Subject to the costs and expenses of the winding up

The debt stated in respect of Manchester City Council for business rates 1s for the full year 2013/2014 and
will be pro-rated to the date of liquidation 1f a new tenant enters the premises

No deficiency account has been prepared to demonstrate the estimated trading loss for the year 22 May
2012 to 7 November 2013 The reason for this is that there are no opening figures on which to base that
exercise It must therefore be assumed that, subyect to the effect of any pro-rating referred to at note 7
above, the trading loss for the period will be broadly equivalent to the estimated deficiency as regards
editors    of
CICULoTs   Gi £75,557
                                                Ar Yuen Limited t/a Pacific Restaurant

                                                                 Schedule of Creditors


Trade Creditors                                                                                               £


British Gas Business, c/o Baker Tilly, Salisbury House, 31 Finsbury Circus, London, EC2M 5SQ                                16,471 37

Ref _A4051548 / 4098889
CK Wong & Co, 40 Princess Street, Manchester, ml 6DE                                                                           720 00

E-on, PO Box 123, Nottingham, NG          6HD                                                                                7,097 09

Ref 1368266190
Manchester City Council, Business        Rates Service, Revenues        and Benefits Unit, PO Box 466,        Manchester,   38,238 87
M16 6AT
                                                                                                                               Note7
Ref 701451518
Metropolitan Drinks Co, Riverside, Dukinfield, Cheshire, SK16 4HE                                                              106 58

Ref PAC 009
Rehman & Co, 66 Seymour Grove, Old Trafford, Manchester, M16 0LN                                                               500 00



Total Amount’                                                                                                               63,133 91




Crown   Creditors                                                                                             £

H M Revenue & Customs, Durrington Bridge House, Barrington Road,, Worthing, BN12 4SE

H M Revenue       &   Customs,   NI   Contributions    Office,    Insolvency   Longbenton,   Newcastle      upon   Tyne,    10,550 08
NE98 1ZZ

Ref    120/ZA75465
HM    Revenue & Customs, Nationa!         Insolvency    Unit, 5th Floor Regian     House, James   Street,    Liverpool,      9,074 20
L75 1AD

Ref   137 2503 32

Total Amount:                                                                                                               19,624 28