Schedule of Cash Receipts and Disbursements filed with the United States Bankruptcy Court, District of Delaware, on June 20, 2008, Case No. 08-10289

EX-10.2 3 ex10_2.htm EXHIBIT 10.2 ex10_2.htm
Exhibit 10.2
 
In re
CHARYS HOLDING COMPANY, INC
  
Case No.    
08-10289 (BLS)
  
 
Debtor
  
Reporting Period:    
May 1 through 31
  

SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS

Amounts reported should be from the debtor’s books and not the bank statement. The beginning cash should be the ending cash from the prior month or, if this is the first report, the amount should be the balance on the date the petition was filed. The amounts reported in the "CURRENT MONTH -ACTUAL” column must equal the sum of the four bank account columns. Attach copies of the bank statements and the cash disbursements journal. The total disbursements listed in the disbursements journal must equal the total disbursements reported on this page. A bank reconciliation must be attached for each account. [See MOR-1 (CON’T)]

         
BANK ACCOUNTS
              
ACCOUNT TYPE
  
OPERATING
    
PAYROLL
    
TAX
    
OTHER
    
CURRENT MONTH
ACTUAL (TOTAL OF
ALL ACCOUNTS)
  
ACCOUNT NUMBER (LAST 4 DIGITS)
  
2061
                          
CASH BEGINNING OF MONTH
   $ 80,522     $ -     $ -     $ -     $ 80,522  
RECEIPTS
                                        
CASH SALES
     -       -       -       -       -  
ACCOUNTS RECEIVABLE - PREPETITION
             -       -       -       -  
ACCOUNTS RECEIVABLE - POSTPETITION
             -       -       -       -  
LOANS AND ADVANCES
             -       -       -       -  
SALE OF ASSETS
             -       -       -       -  
OTHER (Attach List)
             -       -       -       -  
TRANSFERS (From Subsidiaries)
     265,000       -       -       -       265,000  
TOTAL RECEIPTS
     265,000       -       -       -       265,000  
DISBURSEMENTS
                                        
NET PAYROLL
     (110,932 )             -       -       (110,932 )
PAYROLL TAXES
     (4,343 )     -       -       -       (4,343 )
EMPLOYEE BENEFITS
     (464 )     -       -       -       (464 )
TRAVEL EXPENSES
     (17,172 )     -       -       -       (17,172 )
SALES, USE, & OTHER TAXES
             -       -       -       -  
INVENTORY PURCHASES
             -       -       -       -  
SECURED/ RENTAL/ LEASES
     (14,606 )     -       -       -       (14,606 )
INSURANCE
     (24,843 )     -       -       -       (24,843 )
ADMINISTRATIVE
     (8,677 )     -       -       -       (8,677 )
TEMPORARY SERVICES
     (33,766 )     -       -       -       (33,766 )
CONSULTING FEES
     (35,177 )     -       -       -       (35,177 )
DIRECTOR FEES & EXPENSES
     (51,685 )     -       -       -       (51,685 )
OWNER DRAW
             -       -       -       -  
TRANSFERS (To/For Subsidiaries)
             -       -       -       -  
PROFESSIONAL FEES
     (39,977 )     -       -       -       (39,977 )
U.S. TRUSTEE QUARTERLY FEES
             -       -       -       -  
COURT COSTS
             -       -       -       -  
TOTAL DISBURSEMENTS
     (341,642 )     -       -       -       (341,642 )
                                         
NET CASH FLOW
     (76,642 )     -       -       -       (76,642 )
(RECEIPTS LESS DISBURSEMENTS)
                                        
                                         
CASH – END OF MONTH
   $ 3,880     $ -     $ -     $ -     $ 3,880  
* COMPENSATION TO SOLE PROPRIETORS FOR SERVICES RENDERED TO BANKRUPTCY ESTATE

Cash Receipts and Disbursements - Information Supporting above Amounts:
      
OTHER RECEIPTS:
      
Tax Return from IRS
   $ -  
Checks Outstanding Cancelled at Filing Date
   $ -  
TOTAL OTHER RECEIPTS
   $ -  
         
TRANSFERS IN FROM SUBSIDIARIES:
        
Mitchell Site Acquisition, Inc.
   $ 100,000  
Viasys
   $ 20,000  
LFC, Inc
   $ 60,000  
Ayin Tower Management
   $ 85,000  
TOTAL TRANSFERS IN
   $ 265,000  
         
TRANSFERS OUT TO/FOR THE BENEFIT OF SUBSIDIARIES:
        
      -  
      -  
TOTAL TRANSFERS OUT
   $ -  

THE FOLLOWING SECTION MUST BE COMPLETED
DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES: (FROM CURRENT MONTH ACTUAL COLUMN)
TOTAL DISBURSEMENTS
   $ 341,642  
LESS: TRANSFERS TO OTHER DEBTOR IN POSSESSION ACCOUNTS
     -  
PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e. from escrow accounts)
     -