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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
                                                                          \

                                                                     00878789
To the Registrar of Companies Company Number
| GEES ELECTRICAL ENGINEERS                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
 16 May 2013


                         —_—


Signed               oot                                           Date        16 May 2013




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


                                          For official use
 Leonard Curtis
 DTE House
 Hollins Mount
 Bury
 BL9 8DG
 For official use                                              x
                                                               2
                                                               uw                      *A2S0TWER"
                                                                              A40       24/05/2013    #227
                                                                                    COMPANIES HOUSE
Rule 4 34-CVL                                                                                         Form 4 19




                     Statement of Affairs


                     Statement as to affairs of

                     GEES ELECTRICAL ENGINEERS LIMITED
                     on the 16 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 bane,              Gas         Gobo            Gere



                     Signed.    . .




                     Dated. a         LO      F LF




 CVLMF418 06-04-10
GEES ELECTRICAL ENGINEERS LIMITED



                                                                                                       APPENDIX |

                       DIRECTOR’S ESTIMATED STATEMENT OF AFFAIRS AS AT 16 MAY 2013

                                                               Book value                  Estimated to Realise
                                                Note     £                   £               £               £
Assets specifically pledged
None                                             1              Nil                              Nil
‘ess Secured Creditor                                        (Nia)                            (Nia)
Surplus / (Shortfall) c/fwd                                     Nil                              Nil

Assets not specifically pledged
Motor Vehicles                                   2        11,000                             6,900
Debtors                                          3         8,322                             6,658
Plant & Machinery                                4           840                               150
Fixtures & Fittings                              5           900                               200
Stocks                                           6         1,000                               300
                                                                              22,062                         44,208
Preferential creditors
Employee claims / ERA 2006 claims (est )          7                           (3,200)                        (3,200)
Net property available for prescribed part                                     18,862                        11,008

Less: Prescribed part calculation                 8                                (Na)                         Nia’
Avallable for floating charge creditor                                           18,862                      41,008
Secured Creditor - Shortfall b/fwd                   1                              Nia}                        Nia
Surplus/ (shortfall) - floating charge holder                                    18,862                      11,008

Add back prescribed part                             8                              Nia                         N/a
Avallable for unsecured creditors                                                48,862                      41,008

Ordinary Unsecured creditors
Employee claims / ERA 2006 claims (est )           7      (6,400)                           (6,400)
HM Revenue & Customs ~ PAYE / NI (est)             9     (58,600)                          (58,600)
HM Revenue & Customs - VAT (est.)                  9     (50,070)                          (50,070)
Director's Loan Account                           10     (13,400)                          (13,400)
Trade and expense creditors (est )                "      (13,688)                          (13,688)
Total value of unsecured creditors                                          (142,158)                      (142,158)
                                                                            (123,296)                      (131,150)
Issued share capital                                                           (1,000)                        (1,000)
Estimated deficiency as regards members                                     (124,296)                      (132,450)




                                                                            16 May 2013
GEES ELECTRICAL ENGINEERS LIMITED

                                                                                                          APPENDIX II

                               NOTES TO THE ESTIMATED STATEMENT OF AFFAIRS

All book values have been taken from the Company's latest financial 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.      Secured Creditors
        There are no charges registered against the Company
2.       Motor Vehicles
         The motor vehicles have been subject to a valuation by independent valuation agents Charles Taylor. The
         book value has been taken from the Company's books & records and the estimated to realise value of the
         motor vehicles has been extracted from the valuation report for the purpose in the Statement of Affairs,
         Debtors
         The book vatue of the debtors has been provided by the director from the Company's books and records. The
         estimated to realise value has been wntten down by a general provision of 20% for the purposes of the
         statement of affairs.
         Plant & Machinery
         The book value and estimated to realise value of the plant & machinery has been extracted from the
         Company's books & records and from information provided by the director
         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
         Stock
         The book value and estimated to realise value of the stock has been extracted from the Company's books &
         records and from information provided by the director
         Employee claims / ERA 2006 Claims
         The Company had employees who will be entitled to claim arrears of pay and holiday pay (subject to certain
         limits) from the Redundancy Payments Office (‘RPO”) (a goverment department). The RPO will then lodge a
         preferential claim against the Company in respect of the payments it has made Preferential claims have been
         estimated as shown in the statement of affairs.
         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     Ordinary unsecured claims have been
         estimated as shown in the statement of affairs




                                                                             16 May 2013
GEES ELECTRICAL ENGINEERS LIMITED

                                                                                                            APPENDIX II

                         NOTES TO THE ESTIMATED STATEMENT OF AFFAIRS (cont.)


       Prescribed part
      The Insolvency Act 1986 provides that, where a company has created a floatng 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 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 calculabng 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 maxamum prescnbed part of
       £600,000
       There are no floating charges registered against the Company and as such, the prescnbed part calculation is
       not considered applicable in these circumstances for the purposes of the statement of affairs
       H MRevenue & Customs — PAYE / Ni & VAT
       The net property in this case is expected to be less than the prescribed minimum and we consider that the cost
       of making a distnbution of the prescribed part in this case to be disproportionate to the benefits. Accordingly, we
       do not intend to set aside a prescnbed part in this instance
10.    HM Revenue & Customs - PAYE / NI & VAT
       The liability to HMRC in respect of unpaid PAYE / NIC and VAT is based on estimates raised by HMRC. The
       outstanding liabilities for PAYE / NIC and VAT are in respect of the following penods
       PAYE /NIC
               — 05 April 2011 to 16 May 2013               -
       VAT- 31 January 2011 to 16 May 2013
1.     Director's Loan Accounts
       The value of the director's loan accounts in relation to Sandra Gowlett has been provided by the director       The
       amount shown should not be regarded as an agreed amount
12,    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 lil. The amounts shown shoukd not be
       regarded as agreed




                                                                              16 May 2013
GEES ELECTRICAL ENGINEERS LIMITED


                                                                                         APPENDIX Ill

                                                   SCHEDULE OF CREDITORS

See attached list




 Signed, ..4¢               Treas sesasvacaseeee                           16 May 2013
         Mr Simon Gowlett
B - Company Creditors                           Page          4


Code            Name & Address                         Amount of Debt

C0001           BNP Paribas                                 £2,219 00
                3 Harewood Avenue
                London
                NW1 6JL



0002             Electrical Con ins Co                        £769 00
                 ECA Court
                 24 - 26 South Park
                 Sevenoaks
                 Kent
                 TN13 1DU

C0004            Palatine Construction                        £700 00
                 8 Palatine Road
                 Blackpool
                 FY1 4BT



C0006            Sandra Gowlett                            £13,400 00
                 c/o 8 Palatine Road
                 Blackpool
                 FY1 4BT



C0008            HSBC Bank Plc                             £10,000 00
                 Oxford Square
                 1 Newhouse Road
                 Blackpool
                 FY4 4YH


cooo9            Redundancy Payments Office                  £3,200.00
                 83 Hagley Road Cobalt Square
                 Birmingham
                 B16 8QG



C0010            Redundancy Payments Office                  £6,400 00
                 83 Hagley Road Cobalt Square
                 Birmingham
                 Bié 80G



C0011            HMRC PAYE / NIC                            £58,600 00
                 Cumbemauld
                 Glasgow
                 G67 1YZ




                  Signature
 G664Q
* B - Company Creditors                            Page          2


 Code              Name & Address                         Amount of Debt
 c0012             HMRC VAT                                   £50,070 00
                  Alexander House
                  21 Victoria Avenue
                   Southend On Sea
                   $S99 1AB


                   TOTAL CREDITORS' CLAIM                    £145 ,358.00




                    Signatur                Date
                                                   [b-$ LU3
   G664Q