                                                                             a
In accordance with
Rules 6.2, 6.3 & 6.5 of
the insolvency (England            L | Q            0   2
&      Wales)   Rules 2016   and                :                      .     Companies House
Sectonegs£90aitne                          NOtice of statement of affairs
Insolvency Act 1986,




                                                                            For further information, please
                                                                            refer to our guidance at
                                                                            www.gov.uk/companieshouse




|                                  Company details
consayranbe
    [1 [oo [o{+ [lol >
Company name in full |CREST VENTURES LIMITED (In Liquidation)
                                                                            > Filling in this form
                                                                              Please complete in typescript or in
                                                                              bold black capitals.
                                   |
2 |                                    Liquidator’s name
Full forename(s)                           Asher
Surname                                    Miller

                                       Liquidator's address
Building name/number | Pearl Assurance House
Street                             [319 Ballards Lane

Post town                          | Finchley

County/Region                          | London

pone
Country
                             (NT [2 | Te [elyl
                                       [United Kingdom
4 |                                    Liquidator's name

Full forename(s)                           Stephen                          One tr ecient tell us about
Surname                                    Katz                               another liquidator.


                                           Liquidator’s address @
    Building name/number | Pearl Assurance House                            © Other liquidator
Street                                 [319 Ballards Lane                      crite iia eae

                                       |
    Post town                          | Finchley
    County/Region                      | London

postcode                     [It fet felelyl
    Country                        [United Kingdom

                                                                            04/17 Version 1.0
                       LIQ02
                       Notice of statement of affairs



ic i                   Date of statement of affairs
Date                   [>                 fors             fefolaha
                       Statement of affairs
                        | attach:
                        Statement of affairs by the liquidator under section 95(1A) of the
                                Insolvency Act 1986
                                Statement of affairs by a director under section 99(1) of the Insolvency
                                Act 1986
                        1       Statement of concurrence


3 i                    Sign and date
                                                           ‘
Liquidator's signature | Sime




Signature date         [2    fr           [’o [5           2    fo fafa




                                                                                                           04/17 Version 1.0
    LIQO2
    Notice of statement of affairs



on | Presenter information                                             |   Important information
     You do not have to give any contact information, but if           All information on this form will appear on the
     you do it will help Companies House if there is a query           public record.
     on the form. The contact information you give will be
     visible to searchers of the public record.

     Contact name
                      Samuel Braham                                        Where to send
      Company name
                      Begbies Traynor Group                            You may return this form to any Companies House

|
                                                                       address, however for expediency we advise you to
                                                                       return it to the address below:
     Address
                  Pearl Assurance House                                The Registrar of Companies, Companies House,
[319 Ballards Lane                                                     Crown Way, Cardiff, Wales, CF14 3UZ.
                                                                       DX 33050 Cardiff.

    | Post town
                  Finchley
      Caunty/Region
                      London

    [mw
     fa fet feletyy
      Country
                                                                       i | Further information
                  United Kingdom
                                                                       For further information please see the guidance notes
    [™
                                                                       on the website at www.gov.uk/companieshouse
      Telephone                                                        or email enquiries@companieshouse.gov.uk
                  020 8343 5900

                Checklist                                              This form is available in an
      We may return forms completed incorrectly or                     alternative format. Please visit the
      with information missing.                                        forms page on the website at
      Please make sure you have remembered the                         www.gov.uk/companieshouse
      following:
      O1 The company name and number match the
         information held on the public Register.
      C1 You have attached the required documents.
      0 You have signed the form.




      This form has been provided free of charge by Companies House.                         04/17 Version 1.0
Statement of Affairs

Statement as to affairs of

Crest Ventures Limited
Company Registered Number: 10001301

on the 17 May 2024, being a date not more than 14 days before the date of the
resolution for winding up



Statement of truth


1 believe that the facts stated in this Statement of Affairs are true. | understand that
proceedings for contempt of court may be brought against anyone who makes, or
causes to be made, a false statement in a document verified by a statement of truth
without an honest belief in its truth.


Full Name            Joel Fried              |


Signed                              :   3}


Dated                 17 May 2024
Crest Ventures Limited
Company Registered Number: 10001301
Statement Of Affairs as at 17 May 2024

A- Summary of Assets
                                                                               Estimated to
Assets                                                        Book Value          Realise
                                                              —       £             £

Assets subject to fixed charge:

Assets subject to floating charge:

Uncharged assets:
Book Debts (2)                                                     63,138.93                  NIL
Shares & Investments (3)                                          300,609.00                  NIL
Office Equipment (1)                                                8,887.00                  NIL

Estimated total assets available for,preferential creditors                                   NIL



Signature _                                   _ _ Date    17 May 2024
 Begbies Traynor (London) LLP
Crest Ventures Limited
Company Registered Number:         10001301
C - Shareholders


Key          Name                   Address                                                  Type     Nominal      No. Of   Called Up    Total Amt.
                                                                                                         Value    Shares    pershare      Called Up

HFOO         Joel Fried             15 Woodlands, London, England, NW11 9QJ                Ordinary        1.00         1         1.00          1.00

1 Ordinary Entries Totalling                                                                                            1




                               |
Signature      _     fe              a
Page 1 of1                                                             iPS SQL Ver. 2010                                          17 May 2024 10:36
Begbies Traynor (London) LLP
Crest Ventures Limited
B1 - Company Creditors - Employees & Directors


Key            Name                         Address                                             Pref £   Unsec £            Total £

ES0000_       =~ Miss Victoria Szuchnicka   *Withheld subject to GDPR*                          415.80   1,890.00          2,305.80
Ewooo0           Miss Anna Watts            “Withheld subject to GDPR*                          138.70   2,137.50          2,276.20

2 Entries Totalling                                                                             554.50   4,027.50          4,582.00




                   y.            |
                                     \
Signature        =      —/)
Page 2 of 3                                                              IPS SQL Ver. 2015.09                       17 May 2024 10:36
Begbies Traynor (London) LLP
Crest Ventures Limited
Company Registered Number: 10001301
B - Company              Creditors


Key             Name                                Address                                                                                 £

CA0000 ss Allweis & Company                         64 Leicester Rd, Salford, M7 4AR                                               1,840.09
CCc0000       = Calico Architects                   Unit 2B Alanbrooke House, 478 Castlereagh Rd, Belfast, BTS 6BQ                   600.00
CE0000          =ENTINDALE                          64 Ballards Lane, London, England, N3 2BU                                      8,333.32
CE0001          Employees (count=2)                                                                                               4,027.50
CHO0002         HM Revenue & Customs CT             HM Revenue and Customs, BX9 1AX                                              59,448.81
CHO0004         HM Revenue and Customs PAYE & VAT   HM Revenue and Customs, EIS Newcastle, BX9 1SR                              163,545.47
CQ0000          Qube                                9 King Street, London, EC2V 8EA                                              16,146.80
CQ0001        = Quinata                             15 Woodlands, London, England, NW11 9QJ                                  2,583,621.65
                                                    Account Type: Associate
CROO000         —-Richbridge Residential            Unit 4, First Floor, Colindeep Lane, London, England, NW9 6BX                85,894.79
CVvo000       = VIKING                              Viking Office UK Limited, 501 Beaumont Leys Lane, Leicester, LE4 2BN            175.16
CWO0000         Wise Payments Limited - BBL         6th Floor, Tea Building, 56 Shoreditch High Street, London, E1 6JJ           36,283.34

11 Entries Totalling                                                                                                         2,959,916.93




                       y.            |
                                    ji
Signature        —_- =      ae)

Page 4 of 3                                                          IPS SQL Ver. 2015.09                                  17 May 2024 10:36
Crest Ventures Limited
Company Registered Number: 10001301
Statement Of Affairs as at 17 May 2024

A1 - Summary of Liabilities
                                                                                                           Estimated to
                                                                                                                Realise
                                                         Bee                                           _                £
Unsecured non-preferential claims (excluding any shortfall to floating charge holders)
        Trade Creditors                                                                2,696,611.81
        Employees                                                                          4,027.50
        Banks/Institutions                                                                36,283.34
        HMRC (non VAT)                                                                    59,448.81
                                                                                                            2,796,371.46
Estimated deficiency/surplus as regards non-preferential creditors
(excluding any shortfall in respect of F.C's post 14 September 2003)                                       (2,960,47 1.43)

Estimated deficiency/surplus as regards creditors                                                          (2,960,471.43)

Issued and called up capital
        Ordinary Shareholders                                                                   1.00
                                                                                                                      1,00
Estimated total deficiency/surpius aq regards members                                                      (2,960,472.43)

                             ~

Signature                        -    LJ              Date 17 2024
                                                              May  _
Crest Ventures Limited
Company Registered Number: 10001301
Statement Of Affairs as at 17 May 2024

A1 - Summary of Liabilities
                                                                                                  Estimated to
                                                                                                       Realise
              _                               ;           _                                   .                £
Estimated total assets available for preferential creditors (Carried from Page A)                            NIL

Liabilities
    Preferential Creditors:-
         Employees re Arrears/Hol Pay                                                    554.50
                                                                                                         554.50
Estimated deficiency/surplus as regards preferential creditors                                         (854.50)

    2nd Preferential Creditors:-
         HMRC                                                                        163,545.47
                                                                                         .           163,545.47
Estimated deficiency/surpius as regards 2nd preferential creditors                                 (164,099.97)

Debts secured by floating charges pre 15 September 2003
Other Pre 15 September 2003 Floating Charge Creditors
                                                                                                             NIL
                                                                                                   (164,099.97)
Estimated prescribed part of net property where applicable (to carry forward)                                NIL
Estimated total assets available for floating charge holders                                       (164,099.97)

Debts secured by floating charges post 14 September 2003
                                                                                                             NIL
Estimated deficiency/surplus of assets after floating charges                                      (164,099.97)

Estimated prescribed part of net property where applicable (brought down)                                    NIL
Total assets available to unsecured creditors                                                      (164,099.97)




Signature                                             Date _   17   May   2024   —
                                        Crest Ventures Limited


Notes to the Statement of Affairs:

The Company's assets are subject to PP Property Finance Bridging Limited fixed charge and Helen
Holdings Limited fixed and floating charge. These charges were registered at Company House on 26
February 2018 and 31 August 2017 respectively.

As per the director's assertions the charge holder, PP Property Finance Bridging Limited has been
repaid in full however, the charge has not been registered as satisfied at Companies House. The fixed
and floating charge registered by Helen Holdings Limited is in dispute.



    1.   According to the director’s estimate, office equipment have no realisable value.
    2.   The Company book debts are very old and are not realisable as per the director's estimates.
    3.   Investment   listed at book value represents ownership    in “London   and   Ilford Limited”, an
         associated company, which sold their only asset to repay its charge holder.          Therefore,
         according to the director's assertion this investment has a nil realisable value.
