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Rule 4 34-CVL The Insolvency Act 1986                                                       Form 4 20




                                  S.95|99
STATEMENT OF COMPANY'S AFFAIRS
Pursuant to Section 95/99 of the Insolvency Act 1986


                                                                       For official use




                                                                       Company Number

                                                                         05589688
To the Registrar of Companies Company Number

THE SEAT SURGEONS               LIMITED

 [Insert full name(s) and address (es)]

| M Maloney and J M Titley the Joint Liquidator of the above named Company,               attach a
statement of the Company's affairs as at 23 January 2013




Signed           Jy                                          Date 23 January 2013




Presentor's name, address and reference (if
any)


                                          For official use
Leonard Curtis
Hollins Mount
Hollins Lane
Bury
BL9 8DG

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                                                                             A03        29/01/2013      #145
                                                                                    COMPANIES HOUSE
Rule 4 34-CVL                                                                                         Form 4 19




                     Statement of Affairs


                     Statement as to affairs of

                     THE SEAT SURGEONS LIMITED
                     on the 23 January 2013 being a date not more than 14 days before the date of the resolution for
                     winding up




                     Statement of truth

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




                     Full name     Rernget               Hever




                     Signed        Entlod             Asc


                     Dated        22\        | \3




 CVLMF419 06-04-10
  THE SEAT SURGEONS LIMITED



                                                                                                            APPENDIX |
                        DIRECTOR'S ESTIMATED STATEMENT OF AFFAIRS AS AT 23 JANUARY 2013

                                                                   Book value                   Estimated to Realise
                                                  Note         £                  £               £                £
Assets specifically pledged
None                                                               Nil                                Nil
Less Lloyds TSB Commercial Finance Limited          1            (Nil)                             (Nil)
Less Lloyds TSB Bank Plc                            1        (72,097)                           (72,097)
Surplus / (Shortfall) as regards charge holder               (72,097)                           (72,097)

Assets not specifically pledged
Directors’ Loan Accounts                            2        60,494                           Uncertain
Office Furniture and Equipment                      2         4,755                                4,200
Plant & Equipment                                   2          2,461                              1,500
Motor Vehicles                                      2          6,585                              5,600
Stock                                               2         10,000                              3,500
                                                                                84,295                             11,800
Preferential creditors
Employee claims / ERA 2006 claims (est }            3                                  (Nu)                             (Nil)
Net property available for prescribed part                                      84,295                             11,800

Less: Prescribed part calculation                   4                                 (N/a)                            (Nia)
Available for floating charge creditor                                           84,295                            11,800
Shortfall as regards charge holder                                              (72,097)                          (72,097)
Surplus / (shortfall) - floating charge holder                                  (12,198)                          (60,297)

Add back prescribed part                                                               Nia                               Nia
Available for unsecured creditors                                                       Nia                              Nia

Ordinary Unsecured creditors
Employee claims / ERA 2006 claims (est )                         (Nil)                              (Nil)
H M Revenue & Customs ~ Corporation Tax (est )      5        (17,382)                           (17,382)
Trade and expense creditors (est }                  6        (54,040)                           (54,040)
Total value of unsecured creditors                                              (71,422)                          (71,422)
                                                                                (71,422)                          (71,422)
Shortfall as regards floating charge creditor            -                      (12,198)                          (60,297)
Total estimated deficiency as regards creditors                                 (83,620)                         (131,719)
Issued share capital                                                                 (10)                              (10)
Estimated deficiency as regards members                                         (83,630)                         (131,729)




   Signed     find           Bewedth                                       23 January 2013
            Bridget Hewitt
THE SEAT SURGEONS LIMITED


                                                                                                                   APPENDIX II

                                     NOTES TO THE ESTIMATED STATEMENT OF AFFAIRS

All book values have been taken from the Company's latest financral information or from valuations obtained from
independent valuers It should be noted that the no provision has been made for the costs of preparation of the same,
the costs of convening the meetings of members and creditors, agents’ costs or the costs and expenses of the
Liquidation


1.            Lloyds TSB Commercial Finance Limited
              Lloyds TSB Commercial Finance Limited hold a fixed and floating charge created on 16 October 2006 and
              registered on 18 October 2006 There are no monies owed to Lloyds TSB Commercial Finance Limited
              Lloyds TSB Bank Plc
              Lloyds TSB Bank Ple holds a fixed and floating charge created on 24 December 2008 and registered on 24
              December 2008 Lloyds TSB Bank plc ts owed a total sum of £72,097 which 1s in respect of the company’s
              overdraft and two business loans
2.             Directors’ Loan Accounts
               The book value of the directors’ loan accounts has been provided by the directors, as extracted from the
               company's books and records The loan accounts are not considered as an agreed amount and the estimated
               realisable value has been shown as uncertain for the purposes of the statement of affairs

               Office Furniture and Equipment
               The Office Furniture and Equipment has been subject to an independent valuation by the firm Charles Taylor,
               who have been provisionally instructed by the nominated liquidators The estimated to realise value has been
               extracted from the valuation report for the purpose in the Statement of Affairs
               Plant and Equipment
               The Plant & Equipment has been subject to an independent valuation by the firm Charles Taylor, who have
               been provisionally instructed by the nominated liquidators     The estimated to realise value has been extracted
               from the valuation report for the purpose in the Statement of Affairs
               Motor Vehicles
               The Motor Vehicle has been subject to an independent valuation by the firm Charles Taylor, who have been
               provisionally instructed by the nominated liquidators The estimated to realise value has been extracted from
               the valuation report for the purpose in the Statement of Affairs
               Stock
               The Stock has been subject to an independent valuation by the firm Charles Taylor, who have been
               provisionally instructed by the nominated liquidators +The estimated to realise value has been extracted from
               the valuation report for the purpose in the Statement of Affairs
 3.            Preferential creditors
               Where applicable, the Company's employees will be entitled to claim arrears of pay and holiday pay (subject to
               certain limits) from the Redundancy Payments Office ("RPO") (a government department) The RPO will then
               lodge a preferential clam against the Company in respect of the payments it has made            Preferential claims
               have been estimated at Nil for the purposes of the statement of affairs
               Where applicable, employees will also be able to lodge redundancy claims and compensation claims as a result
               of not receiving statutory notice of redundancy with the RPO            These claims will also be paid by the RPO
               (subject to certain limits), who will lodge an unsecured claim against the Company




     Signed    Enh,             Howl)                                                   23 January 2013
              Bridget Hewitt
THE SEAT SURGEONS LIMITED


                                                                                                           APPENDIX It

                             NOTES TO THE ESTIMATED STATEMENT OF AFFAIRS (Cont.)

4,        Prescribed part
          The Insolvency Act 1986 provides that, where a company has created a floating charge after 15 September
          2003, a prescribed part of the company's net property must be made available to the unsecured creditors and
           not be distributed to the floating charge holder except in so far as tt exceeds the amount required for the
           satisfaction of unsecured clams       The net property represents the available assets after the costs and
           expenses of the insolvency process and after the discharge of preferential creditors’ claims
           The method of calculating the prescnbed part is given below
           Where the net property does not exceed £10,000
           50% of that property
           Where the net property exceeds £10,000
           50% of the first £10,000, plus 20% of the property which exceeds £10,000, up to a maximum prescribed part of
           £600,000
           Based upon the information currently available, it is estimated that there will not be a prescribed part fund
           available in this case
5.         HM Revenue & Customs -Corporation Tax
           The liability to HMRC in respect of unpaid PAYE, NIC and VAT has been extracted from the Company's books
           and records The outstanding liabilities are in respect of the following periods
           Corporation Tax - 2014
 6.        Trade and expense creditors
           Details of the Company's trade and expense creditors have been extracted from the Company's books and
           records A detailed list of these amounts has been provided at Appendix Ili The amounts shown should not be
           regarded as agreed




 Signed     bndph           HeretA                                                23 January 2013
          Bridget Hewitt
THE SEAT SURGEONS LIMITED

                                                                              APPENDIX Ili

                                    SCHEDULE OF CREDITORS

See attached list




 Signed     Ellp&          Nowa),                           23 January 2013
          Bridget Hewitt
B - Company Creditors                                              Page          4


Code             Name & Address                      .                    Amount of Debt

C0001            TNT International                                             £5,871 06
                 PO Box 186
                 Ramsbottom
                 Bury
                 BLO 9GR

c0002            Sunroofs & Stripes Wales Limited                                £360 00
                 Units 25/28 Penmean     Ind Est
                 Pontllanfraith
                 Blackwood
                 Gwent
                 NP12 2DZ

C0003            Duncan Smith                                                    £720 00
                 Unit 6 Tomo Business Park
                 Stowmarket
                 Suffolk
                 IP14 5EP


0004             Waterhouse                                                      £328 27
                 46 Bootham
                 York
                 YO30 7BZ



C0005            Angel Springs Limited                                               £62 89
                 Angel House
                 Shaw Road
                 Wolverhampton
                 WV10 SLE


C0006            Clearchaos Limited                                                  £72 00
                 15 Rowen Close
                 Stockton on Tees
                 TS17 5DX



C0007            Haymarket Media Group                                         £4,692 00
                 Haymarket Publishing Services Ltd
                 Teddington Studios
                 Broom Road
                 Teddington
                 Middlesex
                 TW11 SBE

C0008            N Power                                                             £13 43
                 Birch House
                 Joseph Street
                 Oldbury
                 B69 2AQ




                 Signature     En dyd      pends         Date   23| \ \ Ks
T676Q
B - Company Creditors                                Page          2


Code             Name & Address                             Amount of Debt
cooog           YDL                                                    £12 11
                Yorkshire House
                Barton Hill
                Whitwell
                York
                 YO6O 7JX
C0010            Nan Shan Auto China Limited                    £17,750 00
                 103 West Wei Yi Road
                 Dongzha Ind Zone
                 Jiaxing City
                 Zhejiang Province
                 China 314060
C0011            MBNA                                           £23,408 94
                 Po Box 1004
                 Chester Business Park
                 Wrexham Road
                 Chester
                 CH4 SWW
C0012            Lloyds TSB Bank Plc                            £72,097 00




C0013            HM Revenue & Customs                           £17,382 00
                 Durrington Bridge House
                 Barrington Road
                 Worthing
                 West Sussex


c0014            Clive Owen & Co                                   £750 00
                 Oak Tree House
                 Harwood Road
                 Northminster Bus Park
                 Upper Poppleton
                 York
                 YO26 8QU

                 TOTAL CREDITORS’ CLAIM                        £143,519 70




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T676Q