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

1 X

2 X

3 X

4 X

5

X

6

X

7 X

8

9 X

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

AND LABEL IT EXHIBIT A .

DID YOU PAY YOUR EMPLOYEES ON TIME?

DID THE BUSINESS OPERATE DURING THE ENTIRE REPORTING PERIOD?

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

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?

U.S. Trustee Monthly Operating Report

APRIL 5/20/2018

LANDSCAPE CONTRACTOR 561730

Monthly Operating Report for Small Business Under Chapter 11

Official Form 425C

DAVID SHEPPARD PRESIDENT

1. QUESTIONNAIRE:

VALLEY GREEN LANDSCAPING, INC

18-11216-BFK

HAVE YOU PAD ALL OF YOUR BILLS ON TIME

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

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

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

DAVID SHEPPARD 5/20/2018

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.

Case 18-11216-BFK Doc 31 Filed 05/22/18 Entered 05/22/18 13:42:17 Desc Main

 Document Page 1 of 12
YES NO

10 X

11 X

12

13 X

14 X

15

X

16 X

17 X

18

X

19

20

21

22

23

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

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

BEFORE YOU FILED BANKRUPTCY? 

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

Report the total from Exhibit C here. $19,213.39

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?

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 .

Report the total from Exhibit D here. $14,943.68

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.

$4,269.71

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.

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

Case 18-11216-BFK Doc 31 Filed 05/22/18 Entered 05/22/18 13:42:17 Desc Main

 Document Page 2 of 12
24

(Exhibit E)

25

(Exhibit F)

26

27

28

29

30

31

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

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?

Case 18-11216-BFK Doc 31 Filed 05/22/18 Entered 05/22/18 13:42:17 Desc Main

 Document Page 3 of 12
32 - =

33 - =

34 - =

35

36

37

38 X

39 X

40

41 X

42 X

CASH DISBURSEMENTS PER FORM 4A-2

CASH DISBURSEMENTS PER SUM OF FORM 4A-3 

CASH DISBURSEMENTS PER FORM 4D

RECONCILIATION OF CASH DISBURSEMENTS

(IF ACTUAL CASH PROFIT WAS 90% OR LESS THAN PROJECTED CASH PROFIT, PLEASE INCLUDE A DE

WRITTEN EXPLANATION.)

8. ADDITIONAL INFORMATION

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

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 nu

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

Total projected cash receipts for the next month:

Cash Disbursements

Net Cash Flow

$0.00

$0.00

$14,943.68

$4,269.71

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 D

Copy lines 35-37 from 

the previous month's 

report.

Copy lines 20-22 of this 

report.

Subtract Co

Column A. 

$0.00 $19,213.39

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.

Case 18-11216-BFK Doc 31 Filed 05/22/18 Entered 05/22/18 13:42:17 Desc Main

 Document Page 4 of 12
DEBTOR: CASE NO:

For Period: 04/06/18 to 04/30/18

CASH FLOW SUMMARY Current

Month Accumulated

1. Beginning Cash Balance $ 0.00 (1) $ 0.00 (1)

2. Cash Receipts

Operations 17,196.99 17,196.99

Sale of Assets NOTE: See (B) Below: 1,000.00 1,000.00

Loans/advances 1,000.00 1,000.00

Other 16.40 16.40

Total Cash Receipts $ 19,213.39 $ 19,213.39

3. Cash Disbursements

Operations $ 12,984.61 $ 12,984.61

Debt Service/Secured loan payment

Professional fees/U.S. Trustee fees

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

Other 1,959.07 1,959.07

Total Cash Disbursements $ 14,943.68 $ 14,943.68

4. Net Cash Flow (Total Cash Receipts less

Total Cash Disbursements) $ 4,269.71 $ 4,269.71

5 Ending Cash Balance $ 4,269.71 (2) $ 4,269.71 (2)

CASH BALANCE SUMMARY See Note (A) below. Book

Petty Cash $

DIP Operating Account $ 4,131.55

DIP State Tax Account $

DIP Payroll Account $ 138.16

Other Operating Account $

Other Interest-bearing Account $

TOTAL (must agree with Ending Cash Balance above) $ 4,269.71 (2)

Variance between Ending Cash Balance and Ending Book Balances: 0.00

(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 

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

(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

8133 pr

 VALLEY GREEN LANDSCAPING, INC

8125 op

Case 18-11216-BFK Doc 31 Filed 05/22/18 Entered 05/22/18 13:42:17 Desc Main

 Document Page 5 of 12
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

4/19/2018 $ 7,709.37

4/26/2018 $ 1,000.00

4/30/2018 $ 1,941.80

4/30/2018 $ 1,941.80

4/30/2018 $ 3,266.63

4/9/2018 $ 500.00

$

$

$

4/9/2018 $ 500.00

4/9/2018 $ 162.39

4/23/2018 $ 16.40

4/23/2018 $ 700.00

4/25/2018 $ 1,000.00

0/25/2018 $ 475.00

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

Total Cash Receipts $ 19,213.39 (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.

 VALLEY GREEN LANDSCAPING, INC 18-11216-BFK 

Form SB-3

A/R

LOAN FROM DBS

ACCOUNT TRANSFER

VDOT

MICKLE LAWN SERVICE

MICKLE LAWN SERVICE

SNOW CONTRACT

PAYMENT FOR TRUCK

PAYMENT FOR TRUCK

CLOSE ACCT TRANSFER

REFUND FOR TRUCK PURCHASE

M&T BANK

JERRY FORD

SHAWN HAWKINS

DAVID SHEPPARD

M&T BANK

8125

 E PERIOD ___04/06/2018________ TO __04/30/2018__

FT. BELVOIR DAU

DOMINION PRODUCT

DOMINION PRODUCT

HOMESERVE

DAU CONTRACT

RESTORATION CONTRACT

RESTORATION CONTRACT

RESTORATION CONTRACT

Case 18-11216-BFK Doc 31 Filed 05/22/18 Entered 05/22/18 13:42:17 Desc Main

 Document Page 6 of 12
DEBTOR: 18-11216-BFK 

CASH DISBURSEMENTS DETAIL Account No:

(attach additional sheets as necessary)

Date Check No. Payee Description (Purpose) Amount

4/26/2018 CHECK PRINTING OPER $ 226.67

4/30/2018 WITHHOLDING TAX $ 360.87

4/20/2018 6 PAYROLL $ 228.58

4/20/2018 7 PAYROLL $ 261.28

4/20/2018 8 SUBCONTRACTOR $ 7,100.00

4/20/2018 9 MATERIAL-JOB $ 305.28

4/30/2018 3101 MATERIAL-JOB $ 237.44

4/27/2018 3102 PAYROLL $ 613.74

4/27/2018 3103 PAYROLL $ 820.99

4/30/2018 3105 WITHHOLDING TAX $ 1,476.04

4/30/2018 3106 UNEMPLOYMENT TAX $ 122.16

4/25/2018 ACCOUNT TRANSFER $ 475.00

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

Total Cash Disbursements $ $12,228.05 (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

VALLEY GREEN LANDSCAPING, INC

8125 OP

Form SB-4

CASH RECEIPTS AND DISBURSEMENTS STATEMENT (SEE NOTE A)

JUAN ALFARO

TUSCON J HAWKINS

MICKLE LAWN SERVICE

MANASSAS TOPSOIL

DELUXE CHECK

VA EMPLOYMENT

IRS

M&T BANK

MANASSAS TOPSOIL

CHERYL L SHEPPARD

MATTHEW SHEPPARD

IRS

Case 18-11216-BFK Doc 31 Filed 05/22/18 Entered 05/22/18 13:42:17 Desc Main

 Document Page 7 of 12
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

4/13/2018 PAYROLL $ 174.94

4/25/2018 INSURANCE $ 1,639.06

4/26/2018 CHECK PRINTING PR $ 226.67

4/27/2018 PAYROLL $ 343.79

4/27/2018 6 PAYROLL $ 331.17

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

Total Cash Disbursement $ $2,715.63

(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

VALLEY GREEN LANDSCAPING, INC

8133 PAYR

JUAN ALFARO

SELECTIVE INSURANCE

DELUXE CHECK

JUAN ALFARO

TUSCON J HAWKINS

Case 18-11216-BFK Doc 31 Filed 05/22/18 Entered 05/22/18 13:42:17 Desc Main

 Document Page 8 of 12
DEBTOR:

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

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

Total Cash Disbursements$ $0.00

(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

 VALLEY GREEN LANDSCAPING, INC

Case 18-11216-BFK Doc 31 Filed 05/22/18 Entered 05/22/18 13:42:17 Desc Main

 Document Page 9 of 12
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) $ 4,269.71 $ 4,269.71

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

Receivable from Officers, Employees, Affiliates

Inventory

Other Current Assets :(List)

Total Current Assets $ 21,806.11 $ 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 $ 123,379.34 $ 123,379.34

LIABILITIES

Post Petition Liabilities:

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

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

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

Post-petition Notes Payable ?

Other Post-petition Payable(List):

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

Pre Petition Liabilities:

Secured Debt 86,762.82 86,762.82

Priority Debt

Unsecured Debt 244,488.89 244,488.89

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

TOTAL LIABILITIES $ 348,152.96 $ 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 $ 123,379.34 $ 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 

04/30/18

Case 18-11216-BFK Doc 31 Filed 05/22/18 Entered 05/22/18 13:42:17 Desc Main

 Document Page 10 of 12
DEBTOR: CASE NO: 18-11216-BFK 

Form SB-6

PROFIT AND LOSS STATEMENT

For Period 04/06/18 to 04/30/18

Current Accumulated

Month Total (1)

Gross Operating Revenue $ 16,859.37 $ 16,859.37

Less: Discounts, Returns and Allowances ( ) ( )

Net Operating Revenue $ 16,859.37 $ 16,859.37

Cost of Goods Sold 1,337.30 1,337.30

Gross Profit $ 15,522.07 $ 15,522.07

Gross Profit Margin 92.07% 92.07%

Operating Expenses

Officer Compensation $ 3,630.69 $ 3,630.69

Selling, General and Administrative 10,542.59 10,542.59

Rents and Leases

Depreciation, Depletion and Amortization

Other (list): (5.00) (5.00)

Total Operating Expenses $ 14,168.28 $ 14,168.28

Operating Income (Loss) $ 1,353.79 $ 1,353.79

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 $ 1,353.79 $ 1,353.79

Federal and State Income Tax Expense (Benefit) 0.00 0.00

NET INCOME (LOSS) $ 1,353.79 $ 1,353.79

(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

Reconcillation Discrepancies

Case 18-11216-BFK Doc 31 Filed 05/22/18 Entered 05/22/18 13:42:17 Desc Main

 Document Page 11 of 12
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 $ 14,943.68

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)]

VALLEY GREEN LANDSCAPING, INC 18-11216-BFK 

4/30/2018 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.)

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.

9,983.45

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. 

2,774.49

1,959.07

226.67

Case 18-11216-BFK Doc 31 Filed 05/22/18 Entered 05/22/18 13:42:17 Desc Main

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