Attached is the summary of cash balances held at 30 June
Cash balances decreased by approximately £21,000 during the
month. Interest, and other income were approximately £9,000.
Liquidation expenses were approximately £30,000.
Attached is the summary of the loan book position at 30 June
During June 2014, no facilities were
The loan tables shown have been converted to Sterling using
exchange rates as at 30 June 2014.
A notice for the next dividend has been sent to all known
creditors who have not yet submitted a claim and will be published
in the press shortly. In accordance with the notice, creditors who
have not yet submitted a Proof of Debt form are required to return
the completed form to the Joint Liquidators prior to 15 August 2014
in order to be included in the ninth dividend.
For claimants with an admitted claim directly in the
liquidation, if you wish to change the bank account details for
payment of your dividends please contact the bank prior to 15
August 2014. Any request for a change in payment details after this
date may result in a delay to the payment of the ninth dividend to
you. The Joint Liquidators will only change a claimant's payment
details upon receipt of an original, signed document - photocopied,
faxed or scanned documents will not be accepted.
As previously advised, dividend levels can only be determined
once cash has been received. We will distribute as much cash as is
available at the point of declaration, which based on cash
currently in hand will be not less than 2p in the £.
The best way to make contact is to write to the bank at PO Box
197, Third Floor, Sixty Circular Road, Douglas, Isle of Man, IM99
1SN, or email email@example.com.
If you need to telephone the bank, please use the number +44 1624
699222. All other numbers in previous use are now switched off or
auto-forward to +44 1624 699222. Please be aware that all telephone
calls are recorded for security purposes.