Fill in this information to identify the case:

Debtor Name:

United States Bankruptcy court for: District of

Case Number: 

Month: Date Report Filed:

MM/DD/YYYY

Line of Business: NAISC Code:

YES NO N/A

1 X

2 X

DAVID SHEPPARD PRESIDENT

1. QUESTIONNAIRE:

VALLEY GREEN LANDSCAPING, INC

18-11216-BFK

IN ACCORDANCE WITH TITLE 2B, SECTION 1746, OF THE UNITED STATES CODE, I DECLARE UNDER PENALTY OF PERJURY THAT I 

HAVE EXAMINED THE FOLLOWING SMALL BUSINESS MONTHLY OPERATING REPORT AND THE ACCOMPANYING ATTACHMENTS 

AND, TO THE BEST OF MY KNOWLEDGE, THESE DOCUMENTS ARE TRUE, CORRECT, AND COMPLETE.

DAVID SHEPPARD 7/20/2018

ORIGINAL SIGNATURE OF RESPONSIBLE PARTY DATE REPORT SIGNED

PRINTED NAME OF RESPONSIBLE PARTY AND POSITION WITH THE DEBTOR

Answer all questions on behalf of the debtor for the period covered by this report, unless otherwise indicated.

U.S. Trustee Monthly Operating Report

Jun-18 7/20/2018

LANDSCAPE CONTRACTOR 561730

Monthly Operating Report for Small Business Under Chapter 11

Official Form 425C

Check if this is an 

amended filing.

DID THE BUSINESS OPERATE DURING THE ENTIRE REPORTING PERIOD?

DO YOU PLAN TO CONTINUE TO OPERATE THE BUSINESS NEXT MONTH?

IF YOU ANSWER NO TO ANY QUESITONS IN LINES 1-9, ATTACH AN EXPLANATION 

AND LABEL IT EXHIBIT A .

Case 18-11216-BFK Doc 63 Filed 07/21/18 Entered 07/21/18 10:35:07 Desc Main

 Document Page 1 of 16
3 X

4 X

5

X

6

X

7 X

8

X

9 X

HAVE YOU PAD ALL OF YOUR BILLS ON TIME

DID YOU PAY YOUR EMPLOYEES ON TIME?

HAVE YOU DEPOSITED ALL THE RECEIPTS FOR YOUR BUSINESS INTO DEBTOR 

IN POSSESSION (DIP) ACCOUNTS?

HAVE YOU TIMELY FILED YOUR TAX RETURNS AND PAID ALL OF YOUR TAXES?

HAVE YOU TIMELY FILED ALL OTHER REQUIRED GOVERNMENT FILINGS?

ARE YOU CURRENT ON YOUR QUARTERLY FEE PAYMENTS TO THE U.S. 

TRUSTEE OR BANKRUPTCY ADMINISTRATOR?

HAVE YOU TIMELY PAID ALL OF YOUR INSURANCE PREMIUMS?

Case 18-11216-BFK Doc 63 Filed 07/21/18 Entered 07/21/18 10:35:07 Desc Main

 Document Page 2 of 16
YES NO N/A

10 X

11 X

12

X

13 X

14 X

15

X

16 X

17 X

18

X

19 ($2,316.71)

20

21

This amount must equal what you reported as cash on hand at the end of the month in the previous month. If 

this is your first report, report the total cash on hand as of the date of the filing of this case.

Total Cash Receipts

Attach a listing of all cash received for the month and label it Exhibit C . Include all cash 

received even if you have not deposited it at the bank, collections on receivables, credit 

card deposits, cash received from other parties, or loans, gifts, or payments made by 

other parties on your behalf. Do not attach bank statements in lieu of Exhibit C . 

Total opening balance of all accounts

HAS ANYONE MADE AN INVESTMENT IN YOUR BUSINESS?

HAVE YOU PAID ANY BILLS YOU OWED BEFORE YOU FILED BANKRUPTCY?

2. SUMMARY OF CASH ACTIVITY FOR ALL ACCOUNTS

Total Cash Disbursements

Attach a listing of all payments you made in the month and label it Exhibit D . List the 

date paid, payee, purpose, and amount. Include all cash payments, debit card 

transactions, checks issued even if they have not cleared the bank, outstanding checks 

issued before the bankruptcy was filed that were allowed to clear this month, and 

payments made by other parties on your behalf. Do not attach bank statements in lieu 

of Exhibit D .

DO YOU HAVE ANY BANK ACCOUNTS OPEN OTHER THAN THE DIP ACCOUNT?

HAVE YOU SOLD ANY ASSETS OTHER THAN INVENTORY?

HAVE YOU SOLD OR TRANSFERRED ANY ASSETS OR PROVIDED SERVICES TO 

ANYONE RELATED TO THE DIP IN ANY WAY?

DID ANY INSURANCE COMPANY CANCEL YOUR POLICY?

DID YOU HAVE ANY UNUSUAL OR SIGNIFICANT UNANTICIPATED EXPENSES?

HAVE YOU BORROWED MONEY FROM ANYONE OR HAS ANYONE MADE ANY 

PAYMENTS ON YOUR BEHALF?

IF YOU ANSWER YES TO ANY OF THE QUESTIONS IN LINES 10-18, ATTACH AN EXPLANATION AND LABEL IT EXHIBIT B .

HAVE YOU ALLOWED ANY CHECKS TO CLEAR THE BANK THAT WERE ISSUED 

BEFORE YOU FILED BANKRUPTCY? 

Report the total from Exhibit C here. $59,762.47

Case 18-11216-BFK Doc 63 Filed 07/21/18 Entered 07/21/18 10:35:07 Desc Main

 Document Page 3 of 16
22

23

$3,904.50

Report the total from Exhibit D here. $53,541.26

Net Cash Flow

Subtract line 21 from 20 and report the result her. This amount may be different from 

what you may have calculated as net profit.

$6,221.21

Cash on hand at the end of the month

Add line 22 + line 19. Report the result here.

This amount may not match your bank account balance because you may have outstanding checks that have 

not cleared the bank or deposits in transit.

Report this figure as the cash on hand at the beginning of the month on your next operating report. 

Case 18-11216-BFK Doc 63 Filed 07/21/18 Entered 07/21/18 10:35:07 Desc Main

 Document Page 4 of 16
24 $63,344.78

(Exhibit E)

25 $70,726.69

(Exhibit F)

26 4

27 11

28 $0.00

29 $7,500.00

30 $250.00

31 $1,750.00

5. EMPLOYEES

What was the number of employees when the case was filed?

What is the number of employees as of the date of this report?

6. PROFESSIONAL FEES

How much have you paid this month in professional fees related to this bankruptcy case?

How much in professional fees related to this bankruptcy case since the case was filed?

How much have you paid this month in other professional fees?

How much have you paid in total other professional fees since filing this case?

Attach a list of all amounts owed to you by your customers for work you have done or merchandise you have 

sold. Include amounts owed to you both before, and after you filed bankruptcy. Label it Exhibit F. Identify who 

owes you money, how much is owed, and when payment is due. REport the total from Exhibit F here. 

Total Receivables

3. UNPAID BILLS

Attach a list of all debts (including taxes) which you have incurred since the date you filed bankruptcy but have 

not paid. Label it Exhibit E . Include the date the debt was incurred, who is owed the money, the purspose of 

the debt, and when the debt is due. Report the total from Exhibit E here. 

Total Payables

4. MONEY OWED TO YOU

Case 18-11216-BFK Doc 63 Filed 07/21/18 Entered 07/21/18 10:35:07 Desc Main

 Document Page 5 of 16
32 - =

33 - =

34 - =

35 $75,000.00

36 $67,000.00

37 $8,000.00

7. PROJECTIONS

Compare your actual cash receipts and disburesements to what you projected in the previous month. Projected 

figures in the first month should match those provided at the initial debtor interview, if any.

$53,541.26

$3,904.50

($18,541.26)

$212.39

Total projected cash disbursements for the next month:

Total projected net cash flow for the next month: 

Cash Receipts

Column A Column B Column C

Projected Actual Difference

Copy lines 35-37 from 

the previous month's 

report.

Copy lines 20-22 of this 

report.

Subtract Column B from 

Column A. 

$48,000.00 $59,762.47 ($11,762.47)

INCREASE IN WORK LOAD (2 NEW CONTRACTS), PLUS ADDITIONAL EMPLOYEES (6 ADDITIONAL). 

8. ADDITIONAL INFORMATION

If available, check the box to the left and attach copies of the following documents.

Total projected cash receipts for the next month:

Cash Disbursements

Net Cash Flow

$35,000.00

$13,000.00

Case 18-11216-BFK Doc 63 Filed 07/21/18 Entered 07/21/18 10:35:07 Desc Main

 Document Page 6 of 16
38 X

39 X

40

41

42

53,541.26 

53,541.26 

53,541.26 

CASH DISBURSEMENTS PER FORM 4A-2

CASH DISBURSEMENTS PER SUM OF FORM 4A-3 

CASH DISBURSEMENTS PER FORM 4D

RECONCILIATION OF CASH DISBURSEMENTS

Bank reconciliation reports for each account including list of outstanding checks.

Budget, projection, or forecast reports.

Project, job costing, or work-in-progress reports.

Bank statements for each open account (redact all but the last 4 digits of the account numbers.

Financial reports such as an income statement (profit/loss), balance sheet, and cash flow statement.

Case 18-11216-BFK Doc 63 Filed 07/21/18 Entered 07/21/18 10:35:07 Desc Main

 Document Page 7 of 16
DEBTOR: CASE NO:

For Period: 06/01/18 to 06/30/18

CASH FLOW SUMMARY Current

Month Accumulated

1. Beginning Cash Balance $ 4,269.71 (1) $ 1,953.00 (1)

2. Cash Receipts

Operations 53,762.47 70,959.46

Sale of Assets NOTE: See (B) Below: 6,000.00 7,000.00

Loans/advances 0.00 1,000.00

Other 16.40

Total Cash Receipts $ 59,762.47 $ 78,975.86

3. Cash Disbursements

Operations $ 48,323.48 $ 65,520.47

Debt Service/Secured loan payment 3,967.78 3,967.78

Professional fees/U.S. Trustee fees 250.00 250.00

Payments made from asset sale: NOTE: See (C) Below. 1,000.00 1,000.00

Other 1,959.07

Total Cash Disbursements $ 53,541.26 $ 72,697.32

4. Net Cash Flow (Total Cash Receipts less

Total Cash Disbursements) $ 6,221.21 $ 6,278.54

5 Ending Cash Balance $ 10,490.92 (2) $ 8,231.54 (2)

CASH BALANCE SUMMARY See Note (A) below. Book

Petty Cash $

DIP Operating Account $ 1,018.27

DIP State Tax Account $

DIP Payroll Account $ 3,595.98

Other Operating Account $

Other Interest-bearing Account $

TOTAL (must agree with Ending Cash Balance above) $ 4,614.25 (2)

Variance between Ending Cash Balance and Ending Book Balances: 5,876.67

(A) The term "cash" includes all forms of currency i.e., checks, cash, money orders, etc.

(B) This figure should include the gross amount the seller receives from the sale. On a HUD-1, this would be li 

(C) This figure should include all reductions paid by the debtor for the sale of of asset(s). On a HUD-1, this wo 

(1) Accumulated beginning cash balance is the cash available at the commencement of the case.

 Current month beginning cash balance should equal the previous month's ending balance.

(2) All cash balances should be the same.

18-11216-BFK 

CASH RECEIPTS AND DISBURSEMENTS STATEMENT FORM SB-2

Payroll Accounts

 VALLEY GREEN LANDSCAPING, INC

Operating Accounts

Case 18-11216-BFK Doc 63 Filed 07/21/18 Entered 07/21/18 10:35:07 Desc Main

 Document Page 8 of 16
DEBTOR: CASE NO:

CASH RECEIPTS AND DISBURSEMENTS STATEMENT (SEE NOTE A)

CASH RECEIPTS DETAIL Account No:

(attach additional sheets as necessary)

Date Payer Description Amount

6/2//2018 $ 4,284.60

6/4/2018 $ 375.00

6/4/2018 $ 5,100.00

6/6/2018 $ 7,709.37

6/9/2018 $ 625.00

6/12/2018 $ 2,798.50

6/12/2018 $ 2,000.00

6/15/2018 $ 11,500.00

6/18/2018 $ 4,270.00

6/18/2018 $ 3,500.00

6/21/2018 $ 6,000.00

6/21/2018 $ 500.00

6/26/2018 $ 10,500.00

6/26/2018 $ 600.00

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

Total Cash Receipts $ 59,762.47 (1)

(A) The term "cash" includes all forms of currency i.e., checks, cash, money orders, etc.

(1) Total for all accounts should agree with total cash receipts listed on Form SB-2.

RSG

CONTRACT SERVICE

CONTRACT SERVICE

CONTRACT SERVICE

8125 8133 8232 8216

 E PERIOD ___06/01/2018________ TO __06/30/2018__

RSG

STANFORD MOORE

LANE CONSTRUCTION CO

PARSON

JOYCE MARSHALL

RSG

DLA

MAINTENANCE CONTRACT

MAINTENANCE CONTRACT

CONTRACT SERVICE

RESTORATION CONTRACT

MAINTENANCE CONTRACT

CONTRACT SERVICE

CONTRACT SERVICE

SOLD TRUCK

Form SB-3

MAINTENANCE CONTRACT

CONTRACT SERVICE

CONTRACT SERVICE

FT BELVOIR DAU

EDGINGTON COURT HOA

LANE CONSTRUCTION CO

HOMESERVE

DLA

LANE CONSTRUCTION CO

 VALLEY GREEN LANDSCAPING, INC 18-11216-BFK 

Case 18-11216-BFK Doc 63 Filed 07/21/18 Entered 07/21/18 10:35:07 Desc Main

 Document Page 9 of 16
DEBTOR: 18-11216-BFK 

CASH DISBURSEMENTS DETAIL Account No:

(attach additional sheets as necessary)

Date Check No. Payee Description (Purpose) Amount

6/1/2018 Merchant Bank fee $ 106.68

6/6/2018 WITHHOLDING TAX $ 139.30

6/8/2018 BANK FEE $ 40.00

6/17/2018 FUEL $ 100.00

6/19/2018 WITHHOLDING TAX $ 2,390.52

6/19/2018 UTITILIES $ 385.93

6/21/2018 UTITILIES $ 120.00

6/27/2018 UTITILIES $ 310.73

6/27/2018 WITHHOLDING TAX $ 434.76

6/28/2018 FUEL $ 300.00

6/2/2018 3127 MATERIAL-JOB $ 185.52

6/4/2018 3128 LOAN PAYMENT $ 806.47

6/4/2018 3129 LOAN PAYMENT $ 1,206.14

6/5/2018 3130 UTITILIES $ 320.30

6/5/2018 3131 MATERIAL-JOB $ 546.80

6/5/2018 3132 UTITILIES $ 487.96

6/5/2018 3133 MATERIAL-JOB $ 235.06

6/6/2018 3134 MATERIAL-JOB $ 70.97

6/8/2018 3135 MATERIAL-JOB $ 930.68

6/8/2018 3136 MATERIAL-JOB $ 822.56

6/8/2018 3137 SUBCONTRACTOR 6,700.00

6/8/2018 3138 UTITILIES $ 38.23

6/9/2018 3139 MATERIAL-JOB $ 35.77

6/12/2018 3140 MATERIAL-JOB $ 900.47

6/13/2018 3141 EQUIPMENT-PARTS $ 309.65

6/14/2018 3143 MATERIAL-JOB $ 63.60

Total Cash Disbursements $ $17,988.10 (1)

(A) The term "cash" includes all forms of currency i.e., checks, cash, money orders, etc.

(1) Total for all accounts should agree with total cash disbursements listed on Form 2-B, page 1

COLLIFLOWER

LANDSCAPE SUPPLY

MICKLE LAWN SERVICE

SERVICE AUTHORITY

TOWN OF CULPEPER

HANES GEO

MERRIFIELD GARDEN CENTER

VIRGINIA PAVING

LANDSCAPE SUPPLY

LANDSCAPE SUPPLY

FORD MOTOR

COX COMMUNICATION

REMINGTON MULCH

SPRINT

BP

MERRIFIELD GARDEN CENTER

CATERPILLAR FINANCIAL

SPRINT

LOUDOUN WATER

COX COMMUNICATION

VA DEPARTMENT OF TAXES

BP

IRS

EVO

VA DEPARTMENT OF TAXES

VALLEY GREEN LANDSCAPING, INC

8125 OP

Form SB-4

CASH RECEIPTS AND DISBURSEMENTS STATEMENT (SEE NOTE A)

M&T BANK

Case 18-11216-BFK Doc 63 Filed 07/21/18 Entered 07/21/18 10:35:07 Desc Main

 Document Page 10 of 16
DEBTOR: 18-11216-BFK 

Form SB-4

CASH RECEIPTS AND DISBURSEMENTS STATEMENT (SEE NOTE A)

CASH DISBURSEMENTS DETAIL Account No:

(attach additional sheets as necessary)

Date Check No. Payee Description (Purpose) Amount

6/18/2018 3144 MATERIAL-JOB $ 586.18

6/29/2018 3145 MATERIAL-JOB $ 386.16

6/29/2018 3147 EQUIPMENT-PARTS $ 550.00

6/17/2018 3148 INSURANCE $ 1,748.00

6/21/2018 3149 STORAGE FEE $ 1,000.00

6/21/2018 3150 FUEL $ 50.00

6/27/2018 3151 LOAN PAYMENT $ 1,148.70

6/27/2018 3152 IT-OFFICE SERVICE $ 47.50

6/27/2018 3153 LOAN PAYMENT $ 806.47

6/27/2018 3154 REGISTERED AGENT $ 250.00

$

$

6/22/2018 20000 PAYROLL $ 2,246.34

6/22/2018 20001 PAYROLL $ 1,385.00

6/22/2018 20002 PAYROLL $ 1,315.43

6/22/2018 20003 PAYROLL $ 806.32

6/22/2018 20004 PAYROLL $ 1,272.84

6/22/2018 ADMINSTRATIVE $ 49.00

6/22/2018 LIABILITY $ 3,467.82

$

$

$

$

$

$

$

$

$

$

$

Total Cash Disbursement $ $17,115.76

(A) The term "cash" includes all forms of currency i.e., checks, cash, money orders, etc.

(1) Total for all accounts should agree with total cash disbursements listed on Form SB-2

BEL NETWORK 

8125 8216

HANES GEO

MERRIFIELD GARDEN CENTE

CASH-ALBAN TIRE

SELECTIVE INSURANCE

ALBERT HAWKINS

CASH

FORD MOTOR

CATERPILLAR FINANCIAL

HARRELL & CHAMBLISS

DLA PAYROLL 8216

BENSALAH ABDELHAI

GUEVARA VELASQU ERLIN

VALLEY GREEN LANDSCAPING, INC

GUEVARA VELASQU JUAN

PRICE AMPARO ALDANA

TORRES BANEGAS ARMANDO

CORPORATE PAYROLL SER

TAX LIABILITY

Case 18-11216-BFK Doc 63 Filed 07/21/18 Entered 07/21/18 10:35:07 Desc Main

 Document Page 11 of 16
DEBTOR: 18-11216-BFK 

Form SB-4

CASH RECEIPTS AND DISBURSEMENTS STATEMENT (SEE NOTE A)

CASH DISBURSEMENTS DETAIL Account No:

(attach additional sheets as necessary)

Date Check No. Payee Description (Purpose) Amount

6/1/2018 4001 PAYROLL $ 322.95

6/1/2018 4007 PAYROLL $ 613.75

6/1/2018 4008 PAYROLL $ 820.98

6/1/2018 4009 PAYROLL $ 203.56

6/1/2018 4010 PAYROLL $ 203.56

6/8/2018 4011 PAYROLL $ 411.83

6/8/2018 4012 PAYROLL $ 613.74

6/8/2018 4013 PAYROLL $ 820.99

6/7/2018 4014 PAYROLL $ 221.35

6/7/2018 4015 PAYROLL $ 328.95

6/15/2018 4016 PAYROLL $ 484.35

6/15/2018 4017 PAYROLL $ 383.59

6/15/2018 4018 PAYROLL $ 613.74

6/15/2018 4019 PAYROLL $ 820.97

6/21/2015 4020 PAYROLL $ 2,313.55

6/22/2018 4021 PAYROLL $ 576.70

6/22/2018 4022 PAYROLL $ 52.64

6/22/2018 4023 PAYROLL $ 174.01

6/22/2018 4024 PAYROLL $ 362.10

6/22/2018 4025 PAYROLL $ 190.01

6/22/2018 4026 PAYROLL $ 613.74

6/22/2018 4027 PAYROLL $ 820.98

6/29/2018 4028 PAYROLL $ 700.81

6/29/2018 4029 PAYROLL $ 678.16

6/29/2018 4030 PAYROLL $ 417.29

6/29/2018 4031 PAYROLL $ 703.16

6/29/2018 4032 PAYROLL $ 613.74

6/29/2018 4033 PAYROLL $ 820.99

6/28/2018 4034 PAYROLL $ 221.67

6/29/2018 4035 PAYROLL $ 2,313.54

$

$

Total Cash Disbursements$ $18,437.40

(A) The term "cash" includes all forms of currency i.e., checks, cash, money orders, etc.

CHRISTOHER WHITE

8133 PR

JUAN A. ALFARO

CHERYL SHEPPARD

MATTHEW SHEPPARD

JONATHON STRONG

CHRISTOHER WHITE

JUAN A. ALFARO

CHERYL SHEPPARD

MATTHEW SHEPPARD

JONATHON STRONG

MATTHEW SHEPPARD

JUAN A. ALFARO

TUSCON HAWKINS

CHERYL SHEPPARD

MATTHEW SHEPPARD

DAVID SHEPPARD

JUAN A. ALFARO

 VALLEY GREEN LANDSCAPING, INC

CHERYL SHEPPARD

MATTHEW SHEPPARD

JACOB BRADFORD III

DAVID SHEPPARD

JUAN A. ALFARO

DONTAVEIN FREEMAN

TUSCON HAWKINS

JACOB BRADFORD III

DONTAVEIN FREEMAN

ELLISWORTH JUGGINS

TUSCON HAWKINS

ELLISWORTH JUGGINS

CHERYL SHEPPARD

Case 18-11216-BFK Doc 63 Filed 07/21/18 Entered 07/21/18 10:35:07 Desc Main

 Document Page 12 of 16
(1) Total for all accounts should agree with total cash disbursements listed on Form 2-B, page 1

Case 18-11216-BFK Doc 63 Filed 07/21/18 Entered 07/21/18 10:35:07 Desc Main

 Document Page 13 of 16
DEBTOR: CASE NO:

Form SB-5

COMPARATIVE BALANCE SHEET

For Period Ended:

Current Petition

ASSETS Month Date (1)

Current Assets:

Cash and Cash Equivalents (from Form 2-B, line 5) $ 10,490.92 $ 4,269.71

Accounts Receivable (from Form 2-E) 70,726.69 17,536.40

Receivable from Officers, Employees, Affiliates

Inventory

Other Current Assets :(List)

Total Current Assets $ 81,217.61 $ 21,806.11

Fixed Assets:

Land $ $

Building

Equipment, Furniture and Fixtures 874,324.11 874,324.11

Total Fixed Assets $ 874,324.11 $ 874,324.11

Less: Accumulated Depreciation ( 772,750.88 ) ( 772,750.88 )

Net Fixed Assets $ 101,573.23 $ 101,573.23

Other Assets (List): 0.00 0.00

0.00 . 0.00

TOTAL ASSETS $ 182,790.84 $ 123,379.34

LIABILITIES

Post Petition Liabilities:

Post-petition Accounts Payable (from Form 2-E) $ 62,744.78 $ 14,710.39

Post-petition Accrued Profesional Fees (from Form 2-E) 600.00 1,500.00

Post-petition Taxes Payable (from Form 2-E) 8,093.48 690.86

Post-petition Notes Payable 1,955.17

Other Post-petition Payable(List): 4,068.02

Total Post Petition Liabilities $ 77,461.45 $ 16,901.25

Pre Petition Liabilities:

Secured Debt 85,614.12 86,762.82

Priority Debt

Unsecured Debt 244,488.89 244,488.89

Total Pre Petition Liabilities $ 330,103.01 $ 331,251.71

TOTAL LIABILITIES $ 407,564.46 $ 348,152.96

OWNERS' EQUITY

Owner's/Stockholder's Equity $ (36,375.70) $ (36,375.70)

Retained Earnings - Prepetition (188,397.92) (188,397.92)

Retained Earnings - Post-petition 0.00

TOTAL OWNERS' EQUITY $ (224,773.62) $ (224,773.62)

TOTAL LIABILITIES AND OWNERS' EQUITY $ 182,790.84 $ 123,379.34

VARIANCE (ASSETS - LIABILITIES +- CAPITAL) MUST BE $0 $ 0.00 $ 0.00

(1) Petition date values are taken from the Debtor's balance sheet as of the petition date or are the values

 listed on the Debtor's schedules.

NOTE: IF USING EXCEL, EACH LINE MUST CONTAIN A NUMBER.

 VALLEY GREEN LANDSCAPING, INC 18-11216-BFK 

06/30/18

DAVID SHEPPARD

Case 18-11216-BFK Doc 63 Filed 07/21/18 Entered 07/21/18 10:35:07 Desc Main

 Document Page 14 of 16
DEBTOR: CASE NO: 18-11216-BFK 

Form SB-6

PROFIT AND LOSS STATEMENT

For Period 06/01/18 to 06/30/18

Current Accumulated

Month Total (1)

Gross Operating Revenue $ 91,842.96 $ 147,764.20

Less: Discounts, Returns and Allowances ( ) ( )

Net Operating Revenue $ 91,842.96 $ 147,764.20

Cost of Goods Sold 4,462.02 8,578.92

Gross Profit $ 87,380.94 $ 139,185.28

Gross Profit Margin 95.14% 94.19%

Operating Expenses

Officer Compensation $ 35,482.55 $ 49,547.23

Selling, General and Administrative 26,329.32 48,511.63

Rents and Leases

Depreciation, Depletion and Amortization

Other (list): 134.60 129.60

Total Operating Expenses $ 61,946.47 $ 98,188.46

Operating Income (Loss) $ 25,434.47 $ 40,996.82

Non-Operating Income and Expenses

Other Non-Operating Expenses $ 0.00 $ 0.00

Gains (Losses) on Sale of Assets 0.00 0.00

Interest Income 0.00 0.00

Interest Expense 0.00 0.00

Other Non-Operating Income 0.00 0.00

Net Non-Operating Income or (Expenses) $ 0.00 $ 0.00

Reorganization Expenses

Legal and Professional Fees $ 0.00 $

Other Reorganization Expense 0.00

Total Reorganization Expenses $ 0.00 $ 0.00

Net Income (Loss) Before Income Taxes $ 25,434.47 $ 40,996.82

Federal and State Income Tax Expense (Benefit) 0.00 0.00

NET INCOME (LOSS) $ 25,434.47 $ 40,996.82

(1) Accumulated Totals include all revenue and expenses since the petition date.

NOTE: IF USING EXCEL, ALL LINES MUST CONTAIN A NUMBER.

 VALLEY GREEN LANDSCAPING, INC

penalty

Case 18-11216-BFK Doc 63 Filed 07/21/18 Entered 07/21/18 10:35:07 Desc Main

 Document Page 15 of 16
DEBTOR: CASE NO:

Form SB-7

For the Month Ended:

Total Disbursements from Operating Account (Note 1) $

Total Disbursements from Payroll Account (Note 2) $

Total Disbursements from Tax Escrow Account (Note 3) $

Total Disbursements from and other Account (Note 4) $

Grand Total disbursements from all accounts $ 53,541.26

FEE SCHEDULE

Failure to pay the quarterly fee is cause for conversion or dismissal of the chapter 11 case. [11 U.S.C. Sec. 1112(b)(10)]

Interest will be assessed on Chapter 11 quarterly fees not paid by the end of the month following the end of the calander quarter 

pursuant to 31 U.S.C. Sec. 3717. The interest rate assessed is the rate in effect as determined by the Treasury Department at the 

time the account becomes past due.

DISBURSEMENT SUMMARY

NOTE 1 - Include in this amount all checks written, wire transfers made from, or any other withdrawal from the general 

operating account. Exclude only transfers to the debtor in possession payroll account, the debtor in possession tax escrow 

account or other debtor in possession account where the disbursements will be listed on this report.

NOTE 2 - Include in this amount all checks written, wire transfers made from, or any other withdrawal from the payroll 

account. Exclude only transfers to the debtor in possession operating account, the debtor in possession tax escrow account 

or other debtor in possession account where the disbursements will be listed on this report.

NOTE 3 - Include in this amount all checks written, wire transfers made from, or any other withdrawal from the tax escrow 

account. Exclude only transfers to the debtor in possession operating account, the debtor in possession payroll account or 

other debtor in possession account where the disbursements will be listed on this report.

21,596.53

In accordance with the Bankruptcy Judgeship Act of 2017, Pub. L. No. 115-72, the following website link will take you to 

schedules which will apply for the calendar quarters beginning January 1, 2018 through September 30, 2018. 

25,512.33

6,432.40

0.00

VALLEY GREEN LANDSCAPING, INC 18-11216-BFK 

6/30/2018 0:00

www.justice.gov/ust/chapter-11-quarterly-fees

NOTE 4 - Include in this amount any other disbursements made by the debtor including (but not limited to) cash paid from a 

petty cash fund or cash register, amounts paid from any other debtor in possession account, and amounts paid from the 

accounts of others on the debtors behalf (for example, disbursements made from a law firm's escrow account as a result of a 

sale of property.)

Case 18-11216-BFK Doc 63 Filed 07/21/18 Entered 07/21/18 10:35:07 Desc Main

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