Form 4.20
Rule 4.34-CVL The Insolvency Act 1986
S.95/99
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
03657614
Name of Company
(a) Insert full name of THE STUDENT SUPPORT CENTRE (MIDLANDS) LIMITED
company
(b) Insert full name(s) and John William Butler &
address(es) Andrew James Nichols of
Redman Nichols Butler
Westminster Business
Centre
Nether Poppleton
York, YO26 6RB
(c) Insert date the liquidators of the above named co: any attach a statement of the
company's affairs as at 17 September 2014
Signed We “ Date ralahe
Mv
Presenter’s name, address
and reference (if any) U F
Liquidation Se
SATURDAY
20/09/2014
COMPANIES HOUSE
NB This must be files with the Registrar within 5 business days§ eererererstyy Vi MINUTE.
Form 4.19
STATEMENT OF AFFAIRS
Insert the name of Statement as to the Affairs of The Student Support
the company Centre (Midlands) Limited on the 17 September
2014, the date of the creditors’ voluntary liquidation
STATEMENT OF TRUTH
I believe that the facts stated in this statement of affairs are a
full, true and complete statement of the affairs of the above
named company as at the date that the company entered
creditors’ voluntary liquidation
Full name: fir fA (we LEL
Signed:
Date: /1/08/ 2214 :
The Student Support Centre (Midlands) Limited
Notes to the statement of affairs
1 The statement of affairs ignores the costs of insolvency
2 Section 176A of the Insolvency Act 1986 ( the prescribed part) does apply in this case as there 1s a floating
charge created after 15 September 2003 However, it 1s understood that there may be a minimal amount due
to the charge holder under the cross guarantee therefore, for the purpose of the statement of affairs, the
estimated amount due to the charge holder has been estimated at £1
3 The book value for the plant, machinery and stock is per the agents, Winterhill Largo, valuation The
estimated to realise value 1s per the offer received from The Student Support Centre Limited
The agents, Winterhill Largo, have advised that this offer should be accepted
4 The company’s bank account has a small credit balance The estimated to realise value is uncertan as this
may be offset against any monies owed to them under their debenture
5 The debts due to HM Revenue & Customs are best estimates only
6 The inclusion of creditor balances on the statement of affairs is as per the company's records Claims of
creditors will be subject to admission by the duly appointed liquidator 1n the usual way
7 There 1s a rent deposit in respect of a former property It 1s currently uncertaim as to whether any monies are
owed to the landlord This asset will fall to be recovered by the liquidator
SAI
The Student Support Centre (Midlands) Limited
Statement of affairs as at 17 September 2014
Ht ee ee -y
Book vaiue ___Estimatedto realise_ |
£ £ £ £
Assets specifically pledged
Rent Deposit Deed
Less amount due to Midland Commercial Properties Limited, Frederick
Levett-Dunn, Howard Evans and Bamett Waddingham Trustees Limited
Surplus from assets specifically pledged 5,249 Uncertain
Assets not specifically pledged
Plant and Machinery 1,200 1,800
Stock minimal 700
Cash at bank 200 uncertain
Total assets not specifically pledged 1,400 2,500
Estimated total assets for preferential creditors
Preferential creditors
None
Estimated surplus/(deficit) as regards preferential creditors
Less Prescribed Part
Estimated surplus / (deficst) for floating charge holder
Debt secured by a floating charge
Clydesdale Financial Services Limited t/a Barclays Partner Finance
Estimated surplus / deficit to a floating charge holder
Add back Prescmbed Part
Estimated surplus available for non-preferential creditors
Non-preferential claims
Trade and other creditors - per attached hist 698,284
698,284
Estimated surplus/(deficit) as regards unsecured creditors (695,785)
Add back Estimated deficit to floating charge holder 0
Estimated deficit as regards creditors (695,785)
Issued and called up capital 100
Estimated total surplus/(deficit) as regards members £(695,885)
The Student Support Centre (Midlands) Limited
Statement of affairs as at 17 September 2014
Preferential creditors
Name: Address: Amount:
None
Total 000
SA1
The Student Support Centre (Midlands) Limited
Statement of affairs as at 17 September 2014
Unsecured creditors
Name Address Amount
HM Revenue & Customs 3rd Floor 31,980 22
Euston Tower
286 Euston Road
London
NWI 3UQ
Creative Way Design Limited The Studio 9,336 59
Firstwood Road
Garretts Green
Bummgham
B33 OTB
Glovers Business Supplies Limited Unit 11 1,425 75
Cousins Street
Blakenhall
West Midlands
WV2 3DG
3J Finance 46 Church Avenue 229,250 00
Beckenham
Kent
BR3 1DT
SSC Intercomany Group Loans 46 Church Avenue 33,786 29
Beckenham
Kent
BR3 IDT
Educational Backup Services Limited - in administration ¢/o Redman Nichols Butler 346,711 15
Westminster Business Centre
Nether Poppleton
York
YO26 6RB
The Student Support Centre (UK) Limited - in administration c/o Redman Nichols Butler 7319 56
Westmmster Business Centre
Nether Poppleton
York
YO26 6RB
Printel 43 Cross Road 10,334 50
Croydon
CRO 6TE
Rapid IT Solutions Limited 124 Suite 100
Capital Business Centre
22 Carlton Road
South Croydon
Surrey
CR2 OBS
Local World PO Box 10178 16,336 99
Leicester
LEI 8EE
Publishing Ink Limited 5th Floor 1,235 52
White House
111 New Street
Birmingham
B2 4EU
SAI
The Student Support Centre (Midlands) Limited
Statement of affairs as at 17 September 2014
Unsecured creditors
Name Address Amount
PIL Print Suite 3 1,172 19
Arran House Business Centre
Arran Road
Perth
PH! 3DZ
Ramon Lee & Partners Kemp House 9,393 75
152 - 160 City Road
London
ECIV 2DW
Total 698,283.51
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