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Colin_McLeod last won the day on May 12 2012

Colin_McLeod had the most liked content!

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Profile Information

  • Location
    Co. Kerry, Ireland.
  • Interests
    I've enjoyed model railways since I got my Hornby Dublo 3 rail N2 with two wagons and a brake van for Christmash 1957. This developed into a 6' x 5' table layout in the living room. In the 1970's the loft was converted and I moved to 2 rail with a layout 19' x 10'.

    I joined the Ulster Model Railway Club in 1968 in Roseland Place, Belfast and remained a member until I moved to Cork in 1998.

    Myself and four friends set up Model Irish Railways in the early 1980s to supply 4mm kits, paints and transfers for NIR and Irish Rail prototypes.

    I have also worked in Northern Ireland Railways from 1976 to 1992 in the Secretariat and Operations Divisions.

    I have recently moved house so my layout is in storage. I am currently preparing a shed for the railway.

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  1. If it was banked over the years as "salary" then it would be taxable.
  2. Perhaps this thread and some of the other threads could be sent to the liquidators. I know it won't improve what is paid out but it may give some pointers to the investigation.
  3. Thats part of being a liquidator. Also if wrongdoing of a criminal nature is suspected then police can get involved and that provides more resources for that aspect of the investigation.
  4. I've said this before. If the APT had been made, the "once in a lifetime" purchase would have been £1k "lost" to other models. Thanks to the liquidation, there is now £750 that is "not lost". PS I'm obviously not saying the liquidation is a good thing. But thank goodness it happened before stages 2, 3 and 4 payments were made.
  5. Another e mail from the liquidators. From the context of the e mails', the "list" is the list of crowdfunders.
  6. I'm very clear that I "ordered a model" Here is my order from DJM website. No mention of crowdfunding.
  7. I e mailed the liquidators about the lack of reference to money owed to crowdfunders. I have just received the following email reply:
  8. That would seem to be the case here. Picking over the statement of affairs (submitted by Dave Jones) is not like rearranging deck chairs on the Titanic. It's more like meeting your waiter in the water and arguing about the quality of the meal that you ordered.
  9. But are they? They paid one instalment of four for a specific model. If treated as investors then why is there no such description in the statement of affairs. There is a page for "consumer creditors" which is where I would have expected "day to day" creditors to be. People like utilities, advertisers, prepayment for models, and the plethora of small debts that any business would have. Is the statement of affairs indeed an accurate portrayal of the business?
  10. That's a lot more realistic than the micro accounts seen to date. The statement shows £53,097 as trade and expense creditors. This is Hattons plus Funding Circle Ltd. I can't find a figure anywhere that would include money/models owed to crowdfunders.
  11. Excellent pictures. Looking great.
  12. All this talk of cakes, chainsaws etc. We have not really gone off topic. We have just been exploring what we could have purchased instead of crowd funding.
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