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                                                                                                                                               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
                                                                                                                               4


                                                                                                                       08385143



                                                  Uompany
                                                  2)
                                       Zz
                                             3




             (a) Insert full name of   (a)             BECAP   City Link (UK) Limited
                          company




f       (b) Insert full name(s) and    We, (b),        Robert Hunter Kelly and Charles Graham John King
                         address(es)

                                                       Ernst
                                                          & Young     LLP,   1 Bridgewater Place,        Water Lane,       Leeds,     LS11    5QR



                     (c) insert date   the liquidator(s) of the above named company attach a statement of the company’s affairs
                                       as at (c) 31 March 2015




                                       Signed            BoA]                                            Date      ‘s. 4            AS




    Presenter's name, address          Pippa van der Kooy                                                           For Official Use
         and reference (if any)        Ernst & Young LLP                                             Liquidation Section                  Post Room
                                       1 Bridgewater Place
                                       Water Lane
                                       Leeds
                                       LS11 5QR
                                                                                              SATURDAY




                                                                                                                      *AASKAA23*
                                                                                                           A25         18/04/2015                 #18
                                                                                                                  COMPANIES HOUSE
  Rule 4.34-CVL                                                                              Form
                                                                                                4 19

                  Statement of Affairs



                  Statement as to the Affairs of BECAP     City Link (UK) Limited



                  on the 31% March 2015 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      THomns        CHARLES      PLEXANOLESON            WAG T




                  Signed         CAA                            bo

                                          ~                 )
                  Dated              7        APRIL      ZAAS




CVLO1E02
A-Summary of Assets
ASSETS                                                                                Book         Estimated to
                                                                                     Value            Realise
Assets subject to fixed charge:                                                        £                 £


Investment tn City Link Limited                                               20,000,000                 Nil

Investment in City Link B2B Limited                                                          1           Nil

Loan to City Link Limited                                                      18,522,026
Less Balance owing to City Link Limited                                        (2,327,277)

                                                                               16,194,749        4,433,920


                                                                              36,194,750         4,433,920

Amounts     due to secured creditors

BECAP12     GP Limited acting in its capacity as general partner of BECAP12   (42,660,214)       (42,660,214)
GP LP, acting in tts capacity as general partner of BECAP12 Fund LP

Lloyds TSB Bank PLC                                                                        Nil           Nil


Estimated shortfall to secured creditors                                       (6,465,464)       (38,226,294)




Assets subject to floating charge

Prepaid loan note issue cosis                                                     962,480                Ni

                                                                                  962,480                Nil



Uncharged Assets




Estimated total assets available for preferential creditors                       962,480                Nil



Signature          AAA              [w               Date     DT     MPa      2615
  A1- Summary of Ltabilittes
                                                                                                               Estimated
                                                                                                                to realise
                                                                                                                    £
                 Estimated total assets available for preferential
                         creditors (carried from Page A)                                                £               Nil
   Liabilities
                                                                                      £Nil              ,
   Preferential creditors -


   Estimated deficiency/surplus as regards preferential creditors                                       £               Nil


   Estimated prescribed part of net property where applicable (to carry forward)      E NII

   Estimated total assets available for floating charge holders                                         £               Nil

   Debts secured by floating charges                                                  £(38,226,294)


   Estimated deficiency/surplus of assets after floating charges                                        F   (38,226,294)

   Estimated prescribed part of net property where applicable (brought down)          £Nil


  Total assets available to unsecured creditors                                                         £               Nil

   Unsecured non-preferentiat claims (excluding any shortfall to floating charge      £(1,891,423)
   holders)

   Estimated deficiency/surplus as regards non-preferential creditors                                   §   (1,891,423)
   (excluding any shortfall to floating charge holders)
                                                                                      £(38,226,294)
   Shortfall to floating charge holders (brought down)

   Estimated deficiency/surplus as regards creditors                                                    £ | (40,117,717)

   Issued and cailed up capital                                                       £(1,000,000)

   Estimated total deficiency/surplus        as regards members                                             (41,117,717)




   Signature          Hrnr              [oy                                        Date       7   eee       2015




CVLO1E02
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