British Columbia · Bankruptcy
Notice of Bankruptcy
Notice to creditors · 21 March 2024
A plain-language read of this filing opens with a subscription.
What we verified from this filing32 verified
- appointeeCrowe MacKay & Company Ltd.
- appointee roletrustee
- commencement date21 March 2024
- proceeding typebia_bankruptcy
- provinceBritish Columbia
- statutory basisSubsection 102(1) of the Act
- statutory basisSubsection 102(1) of the Act
- financial positionnote: Deficiency of $396,691.13 reported; total unsecured creditors $396,690.13 (List A, including secured balances of $8,832.67), secured creditors $92,110.09 (List B, per claim amount), preferred creditors and contingent liabilities each nil (Lists C and D). · page: 2 · as at: 2024-03-20 · basis: Statement of Affairs as stated and estimated by the officer · scope: Entity - Bucha Brew Ltd. · currency: CAD · total assets: 92109.09 · total liabilities: 488800.22
- unsecured creditorspage: 3 · as of: 2024-03-20 · basis: Statement of Affairs List A - Unsecured Creditors, as stated and estimated by the officer · amount: 4147.83 · debtor: Bucha Brew Ltd. · creditor: Canadian Linen & Uniform Service · currency: CAD
- unsecured creditorspage: 3 · as of: 2024-03-20 · basis: Statement of Affairs List A - Unsecured Creditors, as stated and estimated by the officer · amount: 43802.69 · debtor: Bucha Brew Ltd. · creditor: CIBC - Business VISA Account · currency: CAD
- unsecured creditorspage: 3 · as of: 2024-03-20 · basis: Statement of Affairs List A - Unsecured Creditors, as stated and estimated by the officer · amount: 9000 · debtor: Bucha Brew Ltd. · creditor: CIBC - Current Account · currency: CAD
- unsecured creditorsnote: Deemed trust class (CRA GST/HST) · page: 3 · as of: 2024-03-20 · basis: Statement of Affairs List A - Unsecured Creditors, as stated and estimated by the officer · amount: 133457.74 · debtor: Bucha Brew Ltd. · creditor: CRA - GST/HST - Vancouver · currency: CAD
- unsecured creditorsnote: Balance of secured claim (deemed trust class) after security value; same creditor also listed as secured with $94,542.76 claim, balance $2,433.67 · page: 3 · as of: 2024-03-20 · basis: Statement of Affairs List A - Unsecured Creditors, as stated and estimated by the officer · amount: 2433.67 · debtor: Bucha Brew Ltd. · creditor: CRA - Tax - Pacific (Source deductions) · currency: CAD
- unsecured creditorspage: 3 · as of: 2024-03-20 · basis: Statement of Affairs List A - Unsecured Creditors, as stated and estimated by the officer · amount: 16643.56 · debtor: Bucha Brew Ltd. · creditor: DMCL · currency: CAD
- unsecured creditorspage: 3 · as of: 2024-03-20 · basis: Statement of Affairs List A - Unsecured Creditors, as stated and estimated by the officer · amount: 15991.18 · debtor: Bucha Brew Ltd. · creditor: Encorp Pacific (Canada) · currency: CAD
- unsecured creditorspage: 3 · as of: 2024-03-20 · basis: Statement of Affairs List A - Unsecured Creditors, as stated and estimated by the officer · amount: 20745.97 · debtor: Bucha Brew Ltd. · creditor: Great Little Box Company · currency: CAD
- unsecured creditorspage: 3 · as of: 2024-03-20 · basis: Statement of Affairs List A - Unsecured Creditors, as stated and estimated by the officer · amount: 3290 · debtor: Bucha Brew Ltd. · creditor: Harding Forklift · currency: CAD
- unsecured creditorspage: 3 · as of: 2024-03-20 · basis: Statement of Affairs List A - Unsecured Creditors, as stated and estimated by the officer · amount: 4969.03 · debtor: Bucha Brew Ltd. · creditor: Horizon Distributors · currency: CAD
- unsecured creditorsnote: Related party - individual director/officer per personal loan · page: 3 · as of: 2024-03-20 · basis: Statement of Affairs List A - Unsecured Creditors, as stated and estimated by the officer · amount: 44689.26 · debtor: Bucha Brew Ltd. · creditor: Kara Sam - Personal Loan · currency: CAD
- unsecured creditorspage: 3 · as of: 2024-03-20 · basis: Statement of Affairs List A - Unsecured Creditors, as stated and estimated by the officer · amount: 4000 · debtor: Bucha Brew Ltd. · creditor: Linde Canada Inc. · currency: CAD
- unsecured creditorsnote: Balance of secured claim after security value; same creditor also listed as secured with $6,400.00 claim · page: 3 · as of: 2024-03-20 · basis: Statement of Affairs List A - Unsecured Creditors, as stated and estimated by the officer · amount: 6399 · debtor: Bucha Brew Ltd. · creditor: Meridian Onecap Credit Corporation (formerly Roynat Lease Finance - Toronto) · currency: CAD
- unsecured creditorspage: 3 · as of: 2024-03-20 · basis: Statement of Affairs List A - Unsecured Creditors, as stated and estimated by the officer · amount: 1 · debtor: Bucha Brew Ltd. · creditor: Ministry of Finance - PST - British Columbia · currency: CAD
- unsecured creditorspage: 3 · as of: 2024-03-20 · basis: Statement of Affairs List A - Unsecured Creditors, as stated and estimated by the officer · amount: 4730.35 · debtor: Bucha Brew Ltd. · creditor: Rolls Right Trucking · currency: CAD
- unsecured creditorspage: 3 · as of: 2024-03-20 · basis: Statement of Affairs List A - Unsecured Creditors, as stated and estimated by the officer · amount: 4101.69 · debtor: Bucha Brew Ltd. · creditor: Royal Printers Ltd · currency: CAD
- unsecured creditorspage: 3 · as of: 2024-03-20 · basis: Statement of Affairs List A - Unsecured Creditors, as stated and estimated by the officer · amount: 4780 · debtor: Bucha Brew Ltd. · creditor: Summit Print Corporation · currency: CAD
- unsecured creditorspage: 3 · as of: 2024-03-20 · basis: Statement of Affairs List A - Unsecured Creditors, as stated and estimated by the officer · amount: 60000 · debtor: Bucha Brew Ltd. · creditor: Vancity - CEBA Loan · currency: CAD
- unsecured creditorspage: 3 · as of: 2024-03-20 · basis: Statement of Affairs List A - Unsecured Creditors, as stated and estimated by the officer · amount: 12232.19 · debtor: Bucha Brew Ltd. · creditor: Vessel Packaging Co. · currency: CAD
- unsecured creditorspage: 3 · as of: 2024-03-20 · basis: Statement of Affairs List A - Unsecured Creditors, as stated and estimated by the officer · amount: 967.97 · debtor: Bucha Brew Ltd. · creditor: Waste Connections of Canada · currency: CAD
- unsecured creditorspage: 3 · as of: 2024-03-20 · basis: Statement of Affairs List A - Unsecured Creditors, as stated and estimated by the officer · amount: 306 · debtor: Bucha Brew Ltd. · creditor: Abell Pest control · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-03-20 · basis: Statement of Affairs List A - Unsecured Creditors, as stated and estimated by the officer · amount: 1 · debtor: Bucha Brew Ltd. · creditor: WorkSafeBC - Collections Department · currency: CAD
- secured creditorsnote: PPSA equipment financier (PMSI class); balance of claim after security value $6,399.00 · page: 5 · as of: 2020-09-03 · amount: 6400 · debtor: Bucha Brew Ltd. · creditor: Meridian Onecap Credit Corporation (formerly Roynat Lease Finance - Toronto) · currency: CAD · security: Yale - Forklift (estimated value $1.00)
- secured creditorsnote: Deemed trust / CRA source deductions claim; balance of claim after security value $2,433.67 · page: 5 · as of: 2024-03-14 · amount: 94542.76 · debtor: Bucha Brew Ltd. · creditor: CRA - Tax - Pacific (Source deductions) · currency: CAD · security: Cash on Hand ($56,651.33); Debts Due - Business Accounts Receivable ($35,454.76); Other - Royalties ($1.00); Other - Walk-in cooler ($1.00); Business Assets - Subsidiary - DJ Beverages ($1.00)