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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

                                                                          02479573
 To the Registrar of Companies Company Number
[| HOTE! LIMITED
 [Insert full name(s) and address(es)]

 |, J M Titley of Leonard Curtis, Hollins Mount, Hollins Lane, Bury, BL9 8DG, the Joint
 Liquidator of the above named Company, attach a statement of the Company's affairs as at
 17 May 2013




 Signed           Jy                                                Date     17 May 2013




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


                                            For official use
 Leonard Curtis
 DTE House
 Hollins Mount
 Bury
 BL9 8DG

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                                                                    °        A32         25/05/2013    #128
                                                                                     COMPANIES HOUSE
Rule 4 34-CVL                                                                                         Form 4 19




                     Statement of Affairs


                     Statement as to affairs of

                     HOTEI LIMITED
                     on the 17 May 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.        Cu RSTe          TAER
                                                          “Ut ome KS                   DAC o.




                     Signed       . >=              weve




 CVLMF419 06-04-10
HOTE] LIMITED

                                                                                                             APPENDIX |

                        DIRECTOR'S ESTIMATED STATEMENT OF AFFAIRS AS AT 17 MAY 2013

                                                                   Book value                  Estimated to Realise
                                                 Note        £                  £                £                 £
Assets specifically pledged
Rent Deposit Deed                                 4                 Nil                                Nil
less Equitable Life Assurance Society             4               (Nil)                              (Ni)
Surplus / (Shortfall) c/fwd                                         Nil                                Nil

Assets not specifically pledged
Foxtures & Fittngs                                 2               422                                 50
Office Equipment                                   3             1,228                               400
Leasehold                                          4        55,000                             Uncertain
Debtors                                            5             8,000                                800
                                                                                 64,350                                1,250
Preferential creditors
Employee claims / ERA 2006 claims (est )              6                                (Nil)                            (Ni)
Net property available for prescribed part                                          64,350                             1,250

Less: Prescribed part calculation                     7                               (N/a)                             (Nia)
Available for floating charge creditor                                              64,350                             1,250
Secured Creditor - Shortfall bHwd                      1                              (Nia)                             (Nia)
Surplus / (shortfall) - floating charge holder                                      64,350                             1,250

Add back presenbed part                                7                                 Nia                             Nia
Available for unsecured creditors                                                   64,550                             1,250

 Ordinary Unsecured creditors
 Employee claims / ERA 2006 claims (est.)             6          (Nil)                               (Nil)
 H M Revenue & Customs - PAYE / NI (est)               8    (19,928)                            (19,928)
 H M Revenue & Customs - VAT (est)                     8    (36,595)                            (36,595)
 Directors’ Loan Account (est)                         9   (400,000)                           (400,000)
 Trade and expense creditors (est )                   10    (51,049)                             (51,049)
 Tota! value of unsecured creditors                                             (507,572)                        (507,572)
                                                                                (443,222)                        (506,322)
 Issued share capital                                                                   2                                (2)
 Estimated deficlency as regards members                                        (443,224)                         (506,324)




   Signed          =   oer        sone                                          17 May 2013
            Mr Christopher Drew
HOTE! LIMITED

                                                                                                              APPENDIX !}

                                    NOTES TO THE ESTIMATED STATEMENT OF AFFAIRS

All book values have been taken from the Company's latest financial information or from valuatons 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.           The Equitable Life Assurance Soclety
             The Equitable Life Assurance Society hold secunty incorporating a bond created on 18 July 1990 and
             registered on 19 July 1990 The book value and estimated to realise value of the rent deposit deed has been
             provided by the directors from the books and records of the Company
2.            Fixtures & Fittings
              The book value and estimated to realise value of the fixtures & fittings has been extracted from the Company's
              books & records and from information provided by the director
3.            Office Equipment
              The book value and estimated to realise value of the office equipment has been extracted from the Company's
              books & records and from information provided by the director.
4,            Leasehold
              The book value of the leasehold has been extracted from the books and records of the Company and from
              information provided by the directors. The leasehold is understood to have negligible realisable value and as
              such the realisable value has been shown as uncertain for the purpose in the Statement of Affairs.
 5.           Debtors
              The book value of the debtors has been provided by the directors from the Company's books and records. The
              estimated to realise value has been written down by a general provision of 90% for the purposes of the
              statement of affairs, due to bad and doubtful debts
 6.           Employee claims / ERA 2006 claims
              The Company did not have any employees (except for the directors) as at the date of liquidation that would be
              entitled to claim arrears of pay and holiday pay (subject to certain limits) from the Redundancy Payments
              Semice ("RPS'), subject to receiving remuneration under PAYE/NIC
              Where applicable, employees will also be able to lodge redundancy claims and compensaton 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 ordinary unsecured claim against the Company




     Signed: . .          <r                   a                                   17 May 2013
              Mr Chnstopher Drew
HOTEL! LIMITED


                                                                                                               APPENDIX Il

                                   NOTES TO THE ESTIMATED STATEMENT OF AFFAIRS (cont)


%.             Prescribed Part
               The Insolvency Act 1986 provides that, where a company has created a floating charge after 15 September
               2003, a prescnbed part of the company’s net property must be made available to the unsecured creditors and
               not be distnbuted to the floating charge holder except in so far as it exceeds the amount required for the
               satisfaction of unsecured 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 prescnbed part of
               £600,000
               There are no floating charges registered against the Company and as such, the prescribed part calculation is
               not considered applicable in these circumstances for the purposes of the statement of affairs
 8.            H M Revenue & Customs ~ PAYE / NI& VAT
               The hability to HMRC in respect of unpaid PAYE / NIC and VAT is based on estimates raised by HMRC          The
               outstanding liabilites for PAYE / NIC and VAT are in respect of the following periods
               PAYE / NIC — 05 Apni 2012 to 17 May 2013
               VAT— 31 July 2011 to 17 May 2013                                               ‘
 9.            Directors’ Loan Account
               The value of the directors’ loan accounts in relation to Christopher & Cheryi Drew have been extracted from the
               Company's books and records as provided by the directors The amount shown should not be regarded as an
               agreed amount
 10.           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 Ill The amounts shown should not be
               regarded as agreed




      Signed     seeseste em                 caus                                   17 May 2013
               Mr Christopher Dr
HOTEI LIMITED

                                                                            APPENDIX Ill

                                      SCHEDULE OF CREDITORS

See attached list




 Signed .       area             Co                           47 May 2013
         Mr Christopher   Drew
B - Company Creditors                                    Page          4



Code             Name & Address                                 Amount of Debt

C0001            Ridgewell Limited                                   £6,221 00
                 16 Anning Street
                 London
                 EC2A 3HB



co002            Meridian Law Limited                                £4,227 00
                 Booths Park 4
                 Chelford Road
                 Knutsford
                 WA16 8GS


¢0003            London Borough of Camden                           £22,000 00
                 Town Hail
                 Argyll Street
                 London
                 WC1 H 8EQ

C0004            Central Systems Installations                               £100
                 P O Box 114
                 East Horsley
                 KT24 5WG


coo00s                                                             £400,000 00
                 Chery! & Chnstopher Drew
                 11 Chapel Street
                 London
                 SW1X 7BY


Co006            DX Network Services Limited
                                                                           £100 00
                 DX House
                 Ridgeway
                 Wer
                 Bucks
                 SLO 9JQ
 C0007           Eleven Whitehall Limited
                                                                     £18,500 00
                 29 St Andrews Lane
                 Titchmarsh
                 NN14 3DN



 caoos            HMRC - VAT                                         £36,595 00
                 Alexander House
                 21 Victona Avenue
                 Southend On Sea
                 $S99 1AB




                  Signature .. aD           ae   Date:

 H6/6Q
B - Company Creditors                                Page          2


Code             Name & Address                             Amount of Debt

C0010            HMRC - PAYE/ NIC                               £19,928.00
                 Euston Tower
                 286 Euston Road
                 London
                 NW1 3UQ


                 TOTAL CREDITORS’ CLAIM                        £507,572 00




                  Signature .     —-      :   Date
  H676Q