official form 201 voluntary petition for non-individuals ... · tax-exempt entity ... and federal...

Fill in this information to identify your case:

United States Bankruptcy Court for the:

EASTERN DISTRICT OF MISSOURI

Case number (if known) Chapter 11Check if this anamended filing

Official Form 201Voluntary Petition for Non-Individuals Filing for Bankruptcy 4/16

If more space is needed, attach a separate sheet to this form. On the top of any additional pages, write the debtor's name and case number (if known).For more information, a separate document, Instructions for Bankruptcy Forms for Non-Individuals, is available.

1. Debtor's name AKC Enterprises, Inc.

2. All other names debtorused in the last 8 yearsInclude any assumednames, trade names anddoing business as names

DBA Little Hills WineryDBA Little Hills RestaurantDBA Little Hills Wine Shop

3. Debtor's federalEmployer IdentificationNumber (EIN)

43-1803633

4. Debtor's address Principal place of business Mailing address, if different from principal place ofbusiness

710 S. Main StreetSaint Charles, MO 63301Number, Street, City, State & ZIP Code P.O. Box, Number, Street, City, State & ZIP Code

Saint Charles Location of principal assets, if different from principalplace of businessCounty

Number, Street, City, State & ZIP Code

5. Debtor's website (URL) https://www.littlehillswinery.com/

6. Type of debtor Corporation (including Limited Liability Company (LLC) and Limited Liability Partnership (LLP))

Partnership (excluding LLP)

Other. Specify:

Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 1

Case 18-40472 Doc 1 Filed 01/29/18 Entered 01/29/18 15:03:04 Main Document Pg 1 of 34

Debtor AKC Enterprises, Inc. Case number (if known)Name

7. Describe debtor's business A. Check one:

Health Care Business (as defined in 11 U.S.C. § 101(27A))

Single Asset Real Estate (as defined in 11 U.S.C. § 101(51B))

Railroad (as defined in 11 U.S.C. § 101(44))

Stockbroker (as defined in 11 U.S.C. § 101(53A))

Commodity Broker (as defined in 11 U.S.C. § 101(6))

Clearing Bank (as defined in 11 U.S.C. § 781(3))

None of the above

B. Check all that apply

Tax-exempt entity (as described in 26 U.S.C. §501)

Investment company, including hedge fund or pooled investment vehicle (as defined in 15 U.S.C. §80a-3)

Investment advisor (as defined in 15 U.S.C. §80b-2(a)(11))

C. NAICS (North American Industry Classification System) 4-digit code that best describes debtor. See http://www.uscourts.gov/four-digit-national-association-naics-codes.

8. Under which chapter of theBankruptcy Code is thedebtor filing?

Check one:

Chapter 7

Chapter 9

Chapter 11. Check all that apply:

Debtor's aggregate noncontingent liquidated debts (excluding debts owed to insiders or affiliates)are less than $2,566,050 (amount subject to adjustment on 4/01/19 and every 3 years after that).

The debtor is a small business debtor as defined in 11 U.S.C. § 101(51D). If the debtor is a smallbusiness debtor, attach the most recent balance sheet, statement of operations, cash-flowstatement, and federal income tax return or if all of these documents do not exist, follow theprocedure in 11 U.S.C. § 1116(1)(B).

A plan is being filed with this petition.

Acceptances of the plan were solicited prepetition from one or more classes of creditors, inaccordance with 11 U.S.C. § 1126(b).

The debtor is required to file periodic reports (for example, 10K and 10Q) with the Securities andExchange Commission according to § 13 or 15(d) of the Securities Exchange Act of 1934. File theattachment to Voluntary Petition for Non-Individuals Filing for Bankruptcy under Chapter 11(Official Form 201A) with this form.

The debtor is a shell company as defined in the Securities Exchange Act of 1934 Rule 12b-2.

Chapter 12

9. Were prior bankruptcycases filed by or againstthe debtor within the last 8years?

No.

Yes.

If more than 2 cases, attach aseparate list. District When Case number

District When Case number

10. Are any bankruptcy casespending or being filed by abusiness partner or anaffiliate of the debtor?

No

Yes.

List all cases. If more than 1,attach a separate list Debtor Relationship

District When Case number, if known




11. Why is the case filed inthis district?

Check all that apply:

Debtor has had its domicile, principal place of business, or principal assets in this district for 180 days immediatelypreceding the date of this petition or for a longer part of such 180 days than in any other district.

A bankruptcy case concerning debtor's affiliate, general partner, or partnership is pending in this district.

12. Does the debtor own orhave possession of anyreal property or personalproperty that needsimmediate attention?

No

Yes. Answer below for each property that needs immediate attention. Attach additional sheets if needed.

Why does the property need immediate attention? (Check all that apply.)

It poses or is alleged to pose a threat of imminent and identifiable hazard to public health or safety.What is the hazard?

It needs to be physically secured or protected from the weather.

It includes perishable goods or assets that could quickly deteriorate or lose value without attention (for example,livestock, seasonal goods, meat, dairy, produce, or securities-related assets or other options).

OtherWhere is the property?

Number, Street, City, State & ZIP CodeIs the property insured?

No

Yes. Insurance agency

Contact namePhone

Statistical and administrative information

13. Debtor's estimation ofavailable funds

. Check one:

Funds will be available for distribution to unsecured creditors.

After any administrative expenses are paid, no funds will be available to unsecured creditors.

14. Estimated number ofcreditors 1-49

50-99 100-199 200-999

1,000-5,000 5001-10,000 10,001-25,000

25,001-50,000 50,001-100,000 More than100,000

15. Estimated Assets $0 - $50,000 $50,001 - $100,000 $100,001 - $500,000 $500,001 - $1 million

$1,000,001 - $10 million $10,000,001 - $50 million $50,000,001 - $100 million $100,000,001 - $500 million

$500,000,001 - $1 billion $1,000,000,001 - $10 billion $10,000,000,001 - $50 billion More than $50 billion

16. Estimated liabilities $0 - $50,000$50,001 - $100,000

$100,001 - $500,000 $500,001 - $1 million

$1,000,001 - $10 million $10,000,001 - $50 million $50,000,001 - $100 million $100,000,001 - $500 million

$500,000,001 - $1 billion $1,000,000,001 - $10 billion $10,000,000,001 - $50 billion More than $50 billion




Request for Relief, Declaration, and Signatures

WARNING -- Bankruptcy fraud is a serious crime. Making a false statement in connection with a bankruptcy case can result in fines up to $500,000 orimprisonment for up to 20 years, or both. 18 U.S.C. §§ 152, 1341, 1519, and 3571.

17. Declaration and signatureof authorizedrepresentative of debtor

The debtor requests relief in accordance with the chapter of title 11, United States Code, specified in this petition.

I have been authorized to file this petition on behalf of the debtor.

I have examined the information in this petition and have a reasonable belief that the information is trued and correct.

I declare under penalty of perjury that the foregoing is true and correct.

Executed on January 29, 2018MM / DD / YYYY

X /s/ David Campbell David CampbellSignature of authorized representative of debtor Printed name

Title President

18. Signature of attorney X /s/ Thomas H. Riske Date January 29, 2018Signature of attorney for debtor MM / DD / YYYY

Thomas H. Riske 61838Printed name

Carmody MacDonald P.C.Firm name

120 S. Central Ave., Suite 1800Saint Louis, MO 63105Number, Street, City, State & ZIP Code

Contact phone 314-854-8600 Email address [email protected]

61838Bar number and State



2:54 PM01/02/18Cash Basis

AKC Enterprises, Inc.Profit & Loss YTD Comparison

November 2017

Nov 17 Jan - Nov 17

Ordinary Income/ExpenseIncome

Insurance proceeds 0.00 5,000.00Income

Restaurant SalesBeverage 41,029.21 500,729.41Food 64,939.65 832,857.12GrubHub 119.26 1,138.54Retail 107.98 5,123.15Facility Rental 2,040.00 2,040.00

Total Restaurant Sales 108,236.10 1,341,888.22

Wine Shop Sales 23,299.93 147,277.13

Total Income 131,536.03 1,489,165.35

Garnishment Fee collected 0.00 37.00Misc Income 22.77 4,746.69MO Timely Pmt Discount 0.00 1,112.40Schwede Rd Rental 9,000.00 15,000.00

Total Income 140,558.80 1,515,061.44

Cost of Goods SoldCost of Goods Sold

Food 37,245.26 359,893.58Liqour 6,980.15 86,082.41Merchandise 6,171.49 29,719.96Inventory Adjustment Acct 8,910.58 -2,505.81

Total Cost of Goods Sold 59,307.48 473,190.14

Inventory Adjustment 0.00 7,756.45

Total COGS 59,307.48 480,946.59

Gross Profit 81,251.32 1,034,114.85

ExpenseAdvertising and Promotion 399.00 4,530.54Bank Service Charges 15.00 2,176.43Bond Expense 0.00 300.00Cash Over/Short 5,879.38 6,667.53Charitable Donations 45.00 875.00

Credit Card Fees 4,121.23 37,932.39Dues & Subscriptions 0.00 100.00Insurance Expense

Cyber Insurance 361.45 2,530.15Health & Life 164.00 2,788.00Liability & Worker's Comp 2,258.15 36,036.51

Total Insurance Expense 2,783.60 41,354.66

InterestOnDeck Financing 3,500.00 41,245.00


2:54 PM01/02/18 Cash Basis


November 2017

Nov 17 Jan - Nov 17

Advanceme Loan-CAN capital 0.00 21,384.00NFB 63842 0.00 6,356.55SBA Loan 8,966.80 64,286.08Credit Card Finance Charge 217.45 1,541.59Seterus Loan Interest 2,042.84 20,496.58Seterus Loan-late charges 0.00 614.74Seterus Loan escrow tax/insur... 298.17 3,054.56Interest - Other 0.00 6,685.64

Total Interest 15,025.26 165,664.74

LaborEmployee Gross Pay 43,941.39 466,119.42Officer's Gross Pay 0.00 13,846.14FICA 4,882.32 54,522.30FUTA 148.26 2,688.05SUI 82.69 1,184.95

Total Labor 49,054.66 538,360.86

Licenses 0.00 7,293.86Linen Expense 500.11 3,435.95Live Entertainment-Restaurant 650.00 15,000.00Maintenance & Repairs 455.00 11,917.61Meals and Entertainment 0.00 1,002.89Miscellaneous 0.00 111.69Office Supplies 141.10 4,006.12Operational Supplies

Gift Shop Supplies 0.00 1,133.41Restaurant Supplies 44.00 5,226.31Wine Manufacturing 0.00 24,476.58

Total Operational Supplies 44.00 30,836.30

Outside ServicesEmployee Scheduling on-line 60.00 240.00Payroll Processing Fees 273.85 4,262.82Other 0.00 591.50Storage 0.00 1,925.00Cleaning Company 220.00 2,605.00Computer Support 0.00 5,663.90Enology/Wine Contractor 1,000.00 2,000.00Marketing/Printing/Promotional 79.37 5,061.25Pest Control 65.00 2,405.00Security 1,188.00 5,985.74

Total Outside Services 2,886.22 30,740.21

Postage & Shipping 228.55 1,413.93Professional Fees 754.25 9,841.98Refund 0.00 2,025.00Rent Expense

Building 4,000.00 7,000.00

Total Rent Expense 4,000.00 7,000.00

Page 2


2:54 PM01/02/18Cash Basis


November 2017

Nov 17 Jan - Nov 17

Repairs and Maintenance 0.00 114.71Taxes

Penalties 0.00 852.38Business 0.00 150.00Personal Property Tax 0.00 44.63Real Estate Tax 0.00 16,882.62Wine 101.30 161.30Taxes - Other 0.00 30.00

Total Taxes 101.30 18,120.93

Uniforms 0.00 738.71Utilities

Dish Network 159.20 1,760.00Charter 69.99 1,781.52Electric 1,284.58 23,645.71Gas 1,461.77 12,205.36Phone (AT&T, Junction Netwo... 167.02 1,539.32Trash 322.75 3,202.56Water & Sewer 0.00 6,087.48

Total Utilities 3,465.31 50,221.95

VehicleGas 175.50 2,527.35Insurance 0.00 512.75Maintenance 0.00 3,504.00

Total Vehicle 175.50 6,544.10

Total Expense 90,724.47 998,328.09

Net Ordinary Income -9,473.15 35,786.76

Net Income -9,473.15 35,786.76

Page 3


01/02/18Cash Basis

2:52 PM A&C Enterprises, Inc.Balance Sheet

As of November 30, 201?

Nov 30,1?

ASSETSCurrent Assets

Checking/SavingsNew Frontier Bank #1091093

Total Checking/Savings

Other Current AssetsPrepaid Interest-OnDeck Financi Undeposited Funds*cash Undeposited Funds-credit cards Cash In Store Surety Bond inventory

Restaurant-Food Restaurani-Liqour/Beer Restaurant-Wine Restaurant—paper products Restaurant-sodajuice, tea Wine Gift Shop Wine Manufacturing

Total Inventory

Total Other Current Assets

Total Current Assets

Fixed AssetsSchwede Rd Property

Contributed Value

Total Schwede Rd Property

Project "Destination"CostAccumulated Depreciation

Total Project "Destination"

Automobiles2008 Ford F350-Gost

Total Automobiles

Building501 S. Main Street 710 S. Main Street Depreciation

Total Building

Computers & PeripheralsCostDepreciation

-63,504.00

-63,504.00

18,212.06121.95

2,502.832.775.002.860.00

11,926.042,239.591,723.814,126.151,861.86

28,960.7842,720.00

93,558.23

120,030.07

56,526.07

470,000.00

470,000.00

41,344.05-34,453.33

6,890.72

17,990.00

17,990.00

350.000. 00270.000. 00

-270,567.32

349,432.68

90,222.20-80,658.00

Page 1


G1/02/18 Cash Basis

2:52 PM AKC Enterprises, Inc.Balance Sheet

As of November 30, 2017

Nov 30, 17

Total Computers & Peripherals 9,564.20

Furniture and EquipmentCostDepreciation

26,459.91-16,944.66

Total Furniture and Equipment 9,515.25

ImprovementsCostDepreciation

275,866,36-111,621.01

Total Improvements 164,245.35

Incorporation CostsCostAmortization

16,979.89-16,979.89

Total Incorporaton Costs 0.00

Kernel Dave’s RebrandingCostAccumulated Depredation

24,327.88 -3,871.87

Total Kerne! Dave's Rebranding 20,456.01

Land501 S. Main710 S. Main

50.000. 0030.000. 00

Total Land 80,000.00

Machinery & EquipmentCostDepreciation

89,700.13 -71,883.77

Total Machinery & Equipment 17,816.36

Total Fixed Assets 1,145,910.57

Other AssetsCovenant Not To Compete

Original ValueAccumulated Amortization

100,000.00-100,000.00

Total Covenant Not To Compete o.oo

GoodwillOriginal ValueAccumulated Amortization

420,000.00-420,000.00

Total Goodwill 0.00

Total Other Assets 0.00

TOTAL ASSETS 1,202,436.64

LIABILITIES & EQUITY

Page 2


2:52 PM AKC Enterprises, Inc.01/O2/I8 Balance SheetCash Basis As of November 30, 2017

Nov 30, 17

LiabilitiesCurrent Liabilities

Credit CardsHome DepotCapital One #9520

2,849.645,215.94

Total Credit Cards 8,065.58

Other Current LiabilitiesOn Deck Capital-Celflc BankNFB loan #63842Gift Cards OutstandingPayroll Liabilities

GarnishmentsPayroll Liabilities - Other

87,733.5099,565.1915,629.67

961.468,289.27

Total Payroll Liabilities 9,250.73

MO Sales Tax PayableTourism Tax Payable

62,382.162,856.97

Total Other Current Liabilities 277,418.22

Total Current Liabilities 285,483.80

Long Term LiabilitiesSeterus Loan—Schwede Rd Prop Shareholder Loans

2017 Net Loans to Business included in Tax BasisNot Included in Tax Basis

355,859.91

'74,087.6820,640.473,889.56

Total Shareholder Loans -49,557.65

NFB/SBA 982,351.23

Total Long Term Liabilities 1,288,653.49

Total Liabilities 1,574,137.29

EquityAdditional Paid In CapitalCapital StockRetained EarningsShareholder DistributionsNet Income

324,396.03140,000.00

-863,179.40-8,704.0435,786.76

Total Equity -371,700.65

TOTAL LIABILITIES & EQUITY 1,202,438.64

Page 3


AKCENTtrtPRi 03/13/2017 8:21 PM

Form 1120SDepartment of the Treasury internal Revenue Service

U.S. Income Tax Return for an S Corporation► Do not file this form unless the corporation has filed or is

attaching Form 2553 to elect to be an S corporation.Information about Form 1120S and its separate instructions is at www.irs.oov/form1120s.

OMB No. 1545-0123

2016A S election effective date

03/21/98 TYPE

OR

PRINT

NameAKC ENTERPRISES INCWINERY OF THE LITTLE HILLS

D Employer identification number

43-1803633B Business activity code number (see instructions)

722511Number, street, and room or suite no. If a P.O. box, see instructions.

501 SOUTH MAINE Date incorporated

03/31/1998C Check if Sch.M-3 i—j

attached 1 1City or town, state or province, country, and ZIP or foreign postal code

ST CHARLES MO 63301F Total assets (see instructions)

$ 1,218,402G Is the corporation electing to be an S corporation beginning with this tax year? |_| Yes |XJ No If "Yes," attach Form 2553 if not already filed H Checkif: (1) []] Final return (2) Q Namechange (3) Q Address change (4) Q] Amended return (5) Q S election termination or revocation

I Enter the number of shareholders who were shareholders during any part of the tax year________________________ __________________ ► 1Caution. Include only trade or business income and expenses on lines 1a through 21. See the instructions for more information

1a Gross receipts or sales 1a 1,542, 426b Returns and allowances 1b

0) c Balance. Subtract line 1b from line 1a 1c 1,542,4262 Cost of aoods sold (attach Form 1125-A) 2 536,963

o 3 Gross profit. Subtract line 2 from line 1c 3 1,005,463£ 4 Net aain (loss) from Form 4797. line 17 (attach Form 4797) 4

5 Other income (loss) (see instructions—attach statement) See Stmt 1 5 114,6196 Total income floss). Add lines 3 throuah 5 ............................................................... > 6 1,120,0827 Compensation of officers (see instructions-attach Form 1125-E) ............................. 7 23,077

'to*c 8 Salaries and wages (less employment credits) ........................................................... 8 479,911g Repairs and maintenance.............................................................................................. 9 16,0431 10 m

s 11 11 6,027(/)co 12 Taxes and licenses.......................................................................................................... 12 75,230t>ZD 13 Interest............................................................................................................................. 13 133,251c/1e 14 Depreciation not claimed on Form 1125-A or elsewhere on return (attach Form 4562) 14 33,367Q)QJ(/> 15 Depletion (Do not deduct oil and qas depletion.) 15

£o

16 Advertising 16 14,05517 Pension, profit-sharing, etc., plans 17

'•e 18 Employee benefit programs 18

■gQ

19 Other deductions (attach statement) See Stmt 2 19 285,65620 Total deductions. Add lines 7 through 19 ► 20 1,066,617?1 Ordinary business income (loss). Subtract line 20 from line 6 .............................. 21 53,46522a Excess net passive income or LIFO recapture tax (see instructions) 22a

b Tax from Schedule D (Form 1120S) 22b£ c Add lines 22a and 22b (see instructions for additional taxes) 22c0)E£O.

23a 2016 estimated tax payments and 2015 overpayment credited to 2016 23a

b Tax deposited with Form 7004 23bc Credit for federal tax paid on fuels (attach Form 4136) 23c

•a d Add lines 23a throuah 23c 23d

24 Estimated tax penalty (see instructions). Check if Form 2220 is attached ► U 248 25 Amount owed. If line 23d is smaller than the total of lines 22c and 24, enter amount owed 25

26 Overpayment. If line 23d is larger than the total of lines 22c and 24, enter amount overpaid ... 2627 Enter amount from line 26 Credited to 2017 estimated tax ► Refunded ► 27

SignHere

Under penalties of perjury,! declare thal I have examined this return, including accompanying schedules and statements, and to the best of my Knowledge and belief, it Is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on al! information of which preparer has any knowledge.

►Signature of officer DAVID R CAMPBELL Date

►May the IRS discuss this return with the preparer shown below (see instructions)? [X] Yes | j No

PresidentTitle

Print/Type preparer’s name Preparer's signature Date Check j | if PTIN

Paid MARY KAY O'NEILL 03/13/17 self-employed P00747311Preparer Use Only

Firm's name & B ACCOUNTING & TAX SERVICES, LLCFirm's address ► 7605 Natural Bridge Rd

ST. Louis, MO 63121

Firm’s EIN ► 26“0521417

Phone no. 314-382-2702For Paperwork Reduction Act Notice, see separate instructions. Form 1120S (2016)

DAA


http://www.irs.oov/form1120s

AKCENTERPRI 03/13/2017 8:21 PM

Form 1120S (2016) AKC ENTERPRISES INC 43-1803633 Page 2Other Information (see instructions)

b | | AccrualCheck accounting method: CashOther (specify) ►

See the Instructions and enter the:a Business activity ► RESTAUBANT/RETAIL b Product or service ► RESTAURANT/RETAILAt any time during the tax year, was any shareholder of the corporation a disregarded entity, a trust, an estate, or a nominee or similar person? If "Yes," attach Schedule B-1, Information on Certain Shareholders of an S Corporation At the end of the tax year, did the corporation:Own directly 20% or more, or own, directly or indirectly, 50% or more of the total stock issued and outstanding of any foreign or domestic corporation? For rules of constructive ownership, see instructions. If "Yes,” complete (i) through (v)

Yes No

(i) Name of Corporation(ii) Employer Identification

Number (If any)

(iii) Country ofIncorporation

(iv) Percentage of Stock Owned

(v) If Percentage in (iv) is 100%, Enter the Date (if any)

a Qualified Subchapter S Subsidiary Election Was Made

b Own directly an interest of 20% or more, or own, directly or indirectly, an interest of 50% or more in the profit, loss, or capital in any foreign or domestic partnership (including an entity treated as a partnership) or in the beneficial interest of a

(i) Name of Entity(ii) Employer Identification

Number (if any)(iii) Type of Entity

(iv) Country ofOrganization

(v) Maximum Percentage Owned in Profit,Loss, or Capital

7

5a At the end of the tax year, did the corporation have any outstanding shares of restricted stock?If “Yes," complete lines (i) and (ii) below.(i) Total shares of restricted stock ►(ii) Total shares of non-restricted stock ►

b At the end of the tax year, did the corporation have any outstanding stock options, warrants, or similar instruments?If "Yes,” complete iines (i) and (ii) below.(i) Total shares of stock outstanding at the end of the tax year &(ii) Total shares of stock outstanding if all instruments were executed ►

6 Has this corporation filed, or is it required to file, Form 8918, Material Advisor Disclosure Statement, to provideinformation on any reportable transaction?..................................................................................................................................Check this box if the corporation issued publicly offered debt instruments with original issue discount...............................If checked, the corporation may have to file Form 8281, Information Return for Publicly Offered Original Issue DiscountInstruments.if the corporation: (a) was a C corporation before it elected to be an S corporation or the corporation acquired an asset with a basis determined by reference to the basis of the asset (or the basis of any other property) in the hands of a C corporation and (b) has net unrealized built-in gain in excess of the net recognized built-in gain from prior years, enter the net unrealized built-in gain reduced by net recognized built-in gain from prior years (see instructions) ► $Enter the accumulated earnings and profits of the corporation at the end of the tax year. $Does the corporation satisfy both of the following conditions?

a The corporation's total receipts (see instructions) for the tax year were less than $250,000 ................................................b The corporation’s total assets at the end of the tax year were less than $250,000 ................................................................

If "Yes," the corporation is not required to complete Schedules L and M-1.During the tax year, did the corporation have any non-shareholder debt that was canceled, was forgiven, or had theterms modified so as to reduce the principal amount of the debt?..................................... ;.....................................................If "Yes,” enter the amount of principal reduction $During the tax year, was a qualified subchapter S subsidiary election terminated or revoked? If “Yes,” see instructions ..

13a Did the corporation make any payments in 2016 that would require it to file Form(s) 1099? ................................................b If "Yes,” did the corporation file or will it file required Forms 1099?..........................................................................................

► □

10

11

12XX

X

Form 1120S (2016)

OAA


AKCENTEKPRI 03/13/2017 8:21 PM

Form 1120S (2016) AKC ENTERPRISES INC 43-1803633 _______________PagesiSlfiieie llll&l Shareholders' Pro Rata Share Items Total amount

Inco

me

(Los

s)

1 Ordinary business income (loss) (oaqe 1, line 21) 1 53,4652 Net rental real estate income (loss) (attach Form 8825) 23a Other qross rental income (loss) 3a

3cb Expenses from other rental activities (attach statement) 3bc Other net rental income (loss). Subtract line 3b from line 3a

4 Interest income 45 Dividends: a Ordinary dividends

b Qualified dividends I 5b I5a

6 Royalties 67 Net short-term capital gain (loss) (attach Schedule D (Form 1120S)) .... 78a Net lonq-term capital gain (loss) (attach Schedule D (Form 1120S)) 8ab Collectibles (28%) gain (loss) 8b

9c Unrecaptured section 1250 gain (attach statement) 8c

9 Net section 1231 aain (loss) (attach Form 4797)10 Other income (loss) (see Instructions)........................ Type ► 10

Ded

uctio

ns

11 Section 179 deduction (attach Form 4562) 11 11,94912a Charitabie contributions See Stmt 3 12a 1,237

b Investment interest expense ................ .... . ........................ 12hc Section 59(e)(2) expenditures (1) Type ► (2) Amount ► 12c(2)d Other deductions (see instructions).......................... Type ► 12d

Cre

dits

13a Low-income housing credit (section 42(j)(5)) 13ab Low-income housing credit (other) 13bc Qualified rehabilitation expenditures (rental real estate) (attach Form 3468, if applic d Other rental real estate credits (see instructions) Type ►

abie) 13c13d

e Other rental credits (see instructions) Type ► 13ef Biofuel producer credit (attach Form 6478) 13fq Other credits (see instructions)........................... Tvoe ► 13q

Fore

ign

Tran

sact

ions

14a Name of country or U.S. possession ► b Gross income from all sources 14bc Gross income sourced at shareholder level

Foreign gross income sourced at corporate level d Passive category

14c

14de General category 14ef Other (attach statement) 14f

Deductions allocated and apportioned at shareholder level g Interest expense 14ah Other 14h

Deductions allocated and apportioned at corporate level to foreign source income i Passive category 141j General category 14ik Other (attach statement) 14k

Other informationt Total foreign taxes (check one): ► i ! Paid l | Accrued 141m Reduction in taxes available for credit (attach statement) n Other foreian tax information (attach statement) . .

14m

Alte

rnat

ive

Min

imum

Tax

(A

MT)

item

sI__

____

____

____

__ 15a Post-1986 depreciation adjustment 15a 666b Adjusted gain or ioss 15bc Depletion (other than oil and gas) 15cd Oil, gas, and geothermal properties - gross income 15de Oil, gas, and geothermal properties - deductions 15ef Other AMT items (attach statement).......................................... ................ .......... 15f

Item

s Af

fect

ing

Shar

ehol

der

Basi

s

16a Tax-exempt interest income 16ab Other tax-exempt income 16bc Nondeductible expenses 16c 294d Distributions (attach statement if required) (see instructions) 16de Repayment of loans from shareholders ................ 16e I

Form 1120S (2016)

DAA



Form 1120S (2016) AKC ENTERPRISES INC 43-1803633 Page 4Shareholders* Pro Rata Share Items (continued) Total amount

17a Investment income b Investment expensesc Dividend distributions paid from accumulated earnings and profits d Other items and amounts (attach statement)...................................

17a17b17c

§•2S.sos-n

18 Income/loss reconciliation. Combine the amounts on lines 1 through 10 in the far right column. From the result, subtract the sum of the amounts on lines 11 through 12d and 141 18 40,279

Schedule L Balance Sheets per Books Beginning of tax year End of tax year

Assets (a) (b) .... ...._l£}............. (d)

1 Cash -5,379 -9,9782a Trade notes and accounts receivable

b Less allowance for bad debts ( (3 Inventories 129,954 98,8094 U.S. government obligations5 Tax-exempt securities (see instructions)6 Other current assets (attach statement) S tint 4 20,286 33,3087 Loans to shareholders8 Mortaage and real estate loans9 Other investments (attach statement)

10a Buildinas and other depreciable assets 3,083,742 1 ,095,691b Less accumulated depreciation f 533,312 550,430 ( 578,628 517,063

11a Deoletabie assetsb Less accumulated depletion ............. (.....

12 Land (net of anv amortization) 550,000 550,00013a Intanqibie assets (amortizable only) 604,697 604,697

b Less accumulated amortization ( 559,959 44,738 ( 575,497 29,20014 Other assets (attach statement)15 Total assets 1,290,029 1,218,402

Liabilities and Shareholders’ Equity16 Accounts payable17 Mortgages, notes, bonds payable in less than 1 year18 Other current liabilities (attach statement) S tmt 5 261,207 228,78919 Loans from shareholders 20,640 20,64020 Mortgages, notes, bonds payable in 1 year or more 1,444,657 1,365,46321 Other liabilities (attach statement)22 Capital stock 140,000 140,00023 Additional paid-in capital 335,384 335,38424 Retained earnings -911,859 -871,874

Adjustments to shareholders' 'eouitv (attach statement!

26 Less cost of treasury stock /

27 Total liabilities and shareholders’ equity 1,290,0291 1,218.402Form 1120S (2016)

DM


Form 1120S (2016) AKC ENTERPRISES INC ______ 43-1803633 PagesSchedule Reconciliation of Income (Loss) per Books With Income (Loss) per Return

AKCENTERPR! 03/13/2017 8:21 PM

Note: The corporation may be required to file Schedule M-3 (see Instructions)1 Net income (loss) per books 39,985 5 Income recorded on books this year not included

on Schedule K, lines 1 through 10 (itemize): a Tax-exempt interest $

2 Income included on Schedule K, lines 1, 2, 3c, 4,5a, 6,7,8a, 9, and 10, not recorded on books this year (itemize)

3 Expenses recorded on books this year not Included on Schedule K, lines 1 through 12 and 141 (itemize):

a Depreciation $

294

6 Deductions included on Schedule K, lines 1 through 12 and 141, not charged against book Income this year (itemize):

a Depreciation $b Travel and * O Q A

7 Add lines 5 and 6

4 Add lines 1 through 3 ...................... 40,279 8 income (loss) (Schedule K, line 18). Line 4 less line 7 40,279Schedule M»2 Analysis of Accumulated Adjustments Account, Other Adjustments Account, and Shareholders'

Undistributed Taxable Income Previously Taxed (see instructions)

1 Balance at beqinninq of tax year

(a) Accumulated adjustments accounl

(b) Other adjustments account

(c) Shareholders’ undistributed taxable income previousiy (axed

-894,003 -17,8562 Ordinary income from page 1, line 21 53,4653 Other additions4 Loss from paqe 1, line 21 (

f __________________ i5 Other reductions Stmt 6 ( 13,4806 Combine lines 1 throuqh 5 -854,018 -17,8567 Distributions other than dividend distributions8 Balance at end of tax year. Subtract line 7 from line 6 -854,018 -17,856

Form 1120S (2016)

DAA



F„™ 1125-A(Rev. October 2016)

Department of the TreasuryInternal Revenue Service

Cost of Goods Sold► Attach to Form 1120, 1120-C, 1120-F, 1120S, 1065, or 1065-B.

► Information about Form 1125-A and its instructions is at www.lrs.gov/form1125a.

OMB No. 1545-0123

Name Employer identification number

AKC ENTERPRISES INC 43-18036331 inventory at beginni2 Purchases

iq of year 129,9542 505,818

3 Cost of labor 34 Additional section 2f5 Other costs (attach6 Total. Add lines 1 th7 Inventory at end of y8 Cost of goods sold

appropriate line of y

33A costs (attach schedule) 4schedule) 5rouqh 5 6 635,772ear 7 98,809. Subtract line 7 from line 6. Enter here and on Form 1120, page 1, line 2 or theDur tax return. See instructions 8 536,963

9a Check all methods used for valuing closing inventory:

ft)(H)

(Hi)

CostLower of cost or marketOther (Specify method used and attach explanation.) ►

b Check if there was a writedown of subnormal goodsc Check if the LIFO inventory method was adopted this tax year for any goods (if checked, attach Form 970) d If the LIFO inventory method was used for this tax year, enter amount of closing inventory computed

under LIFOe If property is produced or acquired for resale, do the rules of section 263A apply to the entity? See instructions jX]

f Was there any change in determining quantities, cost, or valuations between opening and closing inventory? If "Yes,"attach explanation Q

9dYes

Yes

D NoNo

For Paperwork Reduction Act Notice, see instructions.Form 1125-A(Rev. 10-2016)

DAA


http://www.lrs.gov/form1125a


| j Final K-1 Amended K-t OMB No. 1545-0123

Schedule K-1 2016(Form 1120S) For calendar year 2016, or lax

Department of the Treasury yoar beginningInternal Revenue Service

ending

Part ill Shareholder's Share ot Current Year income,Li_ Deductions. Credits, and Other Items

1 Ordinary business income (loss)

53,46513 Credits

Shareholder's Share of Income, Deductions,Credits, etc. ► See back of form and separate instructions.

2 Net rental real estate income (loss)

3 Other net rental income (loss)

Part! Information About the Corporation4 Interest income

A Corporation's employer identification number

43-18036335a Ordinary dividends

B Corporation's name, address, city, slate, and ZIP code

AKC ENTERPRISES INCWINERY OF THE LITTLE HILLS501 SOUTH MAINST CHARLES MO 63301

5b Qualified dividends 14 Foreign transactions

6 Royalties

7 Net short-term capital gain (loss)

C IRS Center where corporation filed return

©-file8a Net long-term capital gain (loss)

i Part 1) j Information About the Shareholder 8b Collectibles (28%) gain (loss)

D Shareholder's identifying number 8c Unrecaptured section 1250 gain

E Shareholder's name, address, city, state, and ZIP code

DAVID R CAMPBELL1980 SCHWEDE RD

WENTZVILLE MO 63385

9 Net section 1231 gain (loss)

10 Other income (loss) 15

AAlternative minimum tax (AMT) items

666

F Shareholder's percentage of stockownership for lax year 100.000000 %

For I

RS

Use

Onl

y

11 Section 179 deduction

11,94916

c*Items affecting shareholder basis

29412

AOther deductions

1,237

17 Other information

* See attached statement for additional information.

For Paperwork Reduction Act Notice, see Instructions for Form 1120S. iRS.gov/formi120s Schedule K-1 {Form 1120S) 2016

DAA



Form 1 1 25-E Compensation of OfficersOMB No. 1545-0123

(Rev. October 2016) ► Attach to Form 1120, 1120-C, 1120-F, 1120-REIT, 1120-RtC, or 1120S.Department of the TreasuryInternal Revenue Service

► Information about Form 1125-E and its separate instructions is at www.irs.gov/form1125e.

Name

AKC ENTERPRISES INCEmployer Identification number

43-1803633

Note: Complete Form 1125-E only if total receipts are $500,000 or more. See instructions for definition of total receipts.

(a) Name of officer (6} Social security number (see instructions)

(c) Percent of time devoted to

business

Percent of stock owned (f) Amount of compensation(d) Common (e) Preferred

1 DAVID R CAMPBELL —— % 100.000% % 23,077

°/< % %

D/< % %

°/< % °/c

°A % %

°/< % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

% % %

2 Total compensation of officers 2 23,077

3 Compensation of officers claimed on Form 1125-Aoreisev

4 Subtract line 3 from line 2. Enter the result here and on Foappropriate line of your tax return

vhere on return 3

m 1120, page 1, line 12 or the4 23,077

For Paperwork Reduction Act Notice, see separate instructions. Form 1125-E (Rev. 10-2016)

OAA


http://www.irs.gov/form1125e


Form 4562Department of the TreasuryInternal Revenue Service (99)

Depreciation and Amortization OMB No. 1545-0172

(Including Information on Listed Property)► Attach to your tax return.

► Information about Form 4562 and its separate instructions is at www.irs.qov/form4562.

2016 Attachment a 7QSequence No. 1 1 3

Nomo(s) chown on roturn

AKC ENTERPRISES INCIdentifying number

43-1803633Business or activity lo which this form relates

Regular DepreciationPart t Election To Expense Certain Property Under Section 179

Note: If you have any listed property, complete Part V before you complete PartMaximum amount (see instructions) 1 500,000

2 Total cost of section 179 property placed in service (see instructions) 2 11,9493 Threshold cost of section 179 property before reduction in limitation (see instructions) 3 2,010,0004 Reduction in limitation. Subtract line 3 from line 2. If zero or less, enter -0- 4 05 Dollar limitation for tax year. Subtract iine 4 from ilne 1. if zero or less, enter -0-. If married filinq separately, see instructions ............. 5 500,0006 (a) Description of property (b) Cost (business use only) (c) Elected cost

See Statement 7 11,..949 ........ 949

7 Listed property. Enter the amount from iine 29 78 Total elected cost of section 179 property. Add amounts in column (c), lines 6 and 7 8 11,9499 Tentative deduction. Enter the smaller of line 5 or line 8 9 11,949

10 Carryover of disallowed deduction from line 13 of your 2015 Form 4562 1011 Business income limitation. Enter the smaller of business income (not less than zero) or iine 5 (see instructions) 11 76,54212 Section 179 expense deduction. Add lines 9 and 10, but don't enter more than line 11 12 11,94913 Carryover of disallowed deduction to 2017. Add lines 9 and 10, less line 12 . ► 13Note: Don't use Part I! or Part II! below for listed property. Instead, use Part V.

iRirlillll Special Depreciation Allowance and Other Depreciation (Don't include listed property.) (See instructions.)14 Special depreciation allowance for qualified property (other than listed property) placed in service

during the tax year (see instructions) 1415 Property subject to section 168(f)(1) election 1516 Other depreciation (including ACRS)................................................................................................................ 16 2,612llPiPlill MACRS Depreciation (Don't include listed property.) (See instructions.)

Section A

17 MACRS deductions for assets placed in service in tax years beginning before 2016 17 30,75518 If vou are electlna to group any assets placed in service dun'nq the tax year into one or more oeneral asset accounts, check here

n,

Section B—Assets Placed in Service During 2016 Tax Year Using the General Depreciation System

(a) Classification of property(b) Month and year

placed in service

(c) Basis for depreciation (business/lnveslment use

onlv-see instructions)

(d) Recovery

period(e) Convention (f) Method (g) Depreciation deduction

19a 3-vear propertyb 5-vear propertyc 7-vear propertyd 10-vear propertye 15-vear propertyf 20-vear propertyq 25-vear property 25 vrs. S/Lh Residential rental

property27.5 yrs. MM S/L27.5 yrs. MM S/L

i Nonresidential real property

39 vrs. MM S/LMM S/L

Section C—Assets Placed in Service During 2016 Tax Year Using the Alternative Depreciation System

20a Class life S/L.b 12-vear 12 vrs. S/Lc 40-vear 40 vrs. MM S/L1 Summary (See instructions.)

21 Listed property. Enter amount from line 28 2122 Total. Add amounts from iine 12, lines 14 through 17, lines 19 and 20 in column (g), and line 21. Enter

here and on the appropriate lines of vour return. Partnerships and S cprporations—see instructions............................. 22 33,36723 For assets shown above and placed in service during the current year, enter the

Dortion of the basis attributable to section 263A costs ................................................. 23For Paperwork Reduction Act Notice, see separate instructions. Form 4562 (2016)DAA


http://www.irs.qov/form4562


AKC ENTERPRISES INCForm 4562 (2016)

43-1803633Page 2

Listed Property (Include automobiles, certain other vehicles, certain aircraft, certain computers, and propertyused for entertainment, recreation, or amusement.)Note: For any vehicle for which you are using the standard mileage rate or deducting lease expense, complete only 24a,24b, coiumns (a) through (c) of Section A, all of Section B, and Section C If applicable.

Section A—Depreciation and Other Information (Caution: See the instructions for limits for passenger automobiles.)

24a Do vou nave evidence lo support me business/investment use claimed? Yes No 24b If "Yes," is the evidence written? Yes No

(a)Type of property (list vehicles first)

(b)Date placed

in service

(c)Business/

investment use percentage

(d>Cost or other basis

(a)Basis for depreciation (business/investment

use only)

(0Recovery

period

(g)Method/

Convention

<h)Depreciation

deduction

(i)Elected section 179

cost

25 Special the tax\

depreciation allowance for qualified listed property placed in service duringear and used more than 50% in a Qualified business use (see instructions).................................... 25

%

%

% S/L-lllllllllllll

% S/L-

28 Add amounts in column (h), lines 25 throuqh 27. Enter here and on line 21, page 1 28

29 Add amounts in column (0, line 26. Enter here and on line 7, paae 1.............................................. 29

Section B—Information on Use of VehiclesComplete this section for vehicles used by a sole proprietor, partner, or other “more than 5% owner," or related person. If you provided vehicles

30 Total business/investment miles driven during the vear (don't include commutinq miles)

(a)Vehicle 1

(b>Vehicle 2

(C)Vehicle 3

<d)Vehicle 4

(e)Vehicle 5

(f)Vehicle 6

31 Total commutinq miles driven during the year32 Total other personal (noncommuting)

miles driven33 Total miles driven during the year. Add

lines 30 through 3234 Was the vehicle available for personal

use durinq off-duty hours?Yes No Yes No Yes No Yes No Yes No Yes No

35 Was the vehicle used primarily by a more than 5% owner or related person?

36 Is another vehicle available for personal use? ........Section C—Questions for Employers Who Provide Vehicles for Use by Their Employees

Answer these questions to determine if you meet an exception to completing Section B for vehicles used by employees who aren’t more than 5% owners or related persons (see instructions),37 Do you maintain a written policy statement that prohibits all persona! use of vehicles, including commuting, by Yes No

your employees?38 Do you maintain a written policy statement that prohibits personal use of vehicles, except commuting, by your

employees? See the instructions for vehicles used by corporate officers, directors, or 1% or more owners39 Do you treat all use of vehicles by employees as personal use?40 Do you provide more than five vehicles to your employees, obtain information from your employees about the

use of the vehicles, and retain the information received?41 Do you meet the requirements concerning qualified automobile demonstration use? (See instructions.)

Note: If your answer to 37, 38, 39, 40, or 41 is ''Yes," don't complete Section B for the covered vehicles,Part VI Amortization

(a)Description of costs

(b)Date amortization

begins

(c)Amortizable amount

(4)Code section

(e)Amortization

period or percentage

(f)Amortization for this year

42 Amortization of costs that beqins durinq vour 2016 tax vear (see nstructions):

43 Amortization of costs that beoan before vour 2016 tax vear 43 15,53844 Total. Add amounts in column (f). See the instructions for where to report.................................. 44 15,538

Form 4562 (2016)DM


AKCENTERPRI AKC ENTERPRISES INC 3/13/2017 8:21 PM43-1803633 Federal StatementsFYE: 12/31/2016

Statement 1 - Form 1120S, Paae 1, Line 5 - Other Income (Loss)

Description AmountMISCELLANEOUS INCOME $ 13,225MO TIMELY PAYMENT DISCOUNT 1,394INSURANCE PROCEEDS 100,000

Total $ 114,619

Statement 2 - Form 1120S, Paae 1, Line 19 - Other Deductions

Description AmountBANK FEES $ illBOND EXPENSE 200CASH OVER/SHORT 2,852COMPUTER EXPENSES 2,067CREDIT CARD FEES 31,484DUES & SUBSCRIPTIONS 208INSURANCE EXPENSE 35,607LEGAL FEES 11,500LINEN EXPENSE 3, 955LIVE ENTERTAINMENT 19,170MISCELLANEOUS EXPENSES 752OFFICE SUPPLIES 4,302OPERATIONAL SUPPLIES-GIFT SHO 1,956OPERATIONAL SUPPLIES-RESTAURA 8,741OPERATIONAL SUPPLIES-WINE MFG 12,885OUTSIDE SERVICES-CLEANING CO 2,600OUTSIDE SERVICES-COMPUTER SUP 6, 084OUTSIDE SERVICES-ENOLOGY CONT 15,057OUTSIDE SERVICES-MARKETING 2, 687OUTSIDE SERVICES-OTHER 388OUTSIDE SERVICES-PEST CONTROL 2, 466OUTSIDE SERVICES-SECURITY 5, 115OUTSIDE SERVICES-STORAGE 1, 155POSTAGE & SHIPPING 2, 808PROFESSIONAL FEE 28,606REFUNDS 205UNIFORMS 1, 586UTILITIES 53,425VEHICLE EXPENSES 11,185Amortization 15,53850% of Meals & Entertainment 295

Total $ 285,656

Statement 3 - Form 1120S. Paqe 3. Schedule K, Line 12a - Cash Contributions

Cash CashDescription Contrib 50% Contrib 30% Total

CHARITABLE $ 1/237 $ $ 1/ 237Total $ 1,237 $ 0 $ i, 237

1-3



Statement 4 - Form 1120S, Paqe 4, Schedule L, Line 6 - Other Current Assets

Beginning EndDescription of Year of Year

UNDEPOSITED FUNDS--CREDIT CAR $ 1,353 $ 7, 152PARTY DEPOSITS 1, 350CASH IN STORE 3, 481 2,775

• ADJ -145 -139PREPAID INTEREST - CAN CAP 14,247 21,384UNDEPOSITED FUNDS-CASH 706SURETY BOND 1,430

Total $ 20,286 $ 33,308

Statement 5 - Form 1120S. Paae 4. Schedule L. Line 18 - Other Current Liabilities


CREDIT CARD PAYABLE $ 12,621 $OUTSTANDING GIFT CERIFICATES 7,514 15,782SALES TAX PAYABLE 44,043 22,387TOURISM TAX PAYABLE 3, 121 2, 625NFB LAON #63545/63842 98,965 99,565CAN CAPITAL LOAN 102,929 85,536PAYROLL LIABILITIES-'16 PAY -7,986GARNISHMENT PAYABLE 2,894

Total $ 261,207 $ 228,789

Statement 6 - Form 1120S, Paqe 5, Schedule M-2, Line 5(a) - Other Reductions

Description AmountMeals & Entertainment $ 294Charitable Contributions 1, 237Section 179 Expense 11,949

Total $ 13,480

4-6



Regular DepreciationState merit 7 ° Form 4562, Part l, Line 6 - Section 179 Expense

Description of Property________ Cost ExpenseC&P-PRINTER/PHONES $ 996 $ 996F&F-SMALL KITCHEN EQUIPMENT 1, 800 1,800F&F-NEW PLUMBING 840 840F&F-A/C UNIT 1, 548 1, 548IMP-WEBSITE 5, 000 5, 000IMP-NEW TOILET/SINK 880 880M&E-INSTALL NEW AC 885 885

Total $ 11,949 $ 11,949


FYE: 12/31/2016 DAVID R CAMPBELL

AKCENTERPRI AKC ENTERPRISES INC 3/13/2017 8:21 PM43-1803633 Federal Statements

Schedule K-1, Box 16, Code C » Nondeductible Expenses

ShareholderDescription__________ Amount

Page 1 Meals/Entertainment $ 294Total $ 294


AKCENTERPRI AKC ENTERPRISES INC 03/13/2017 8:21 PM43-1803633 Federal Asset ReportFYE: 12/31/2016 Form 1120S, Page 1

Date Bus Sec BasisAsset _____________Description____________ In Service Cost % 179Bonus forDepr PerConv Meth Prior Current

Section 179 Expense:205 C&P-PRINTER/PHONES 5/19/16 996 X X N/A 5 HY 200DB 0 996206 F&F-SMALL KITCHEN EQUIPMENT 4/01/16 1,800 X X N/A 7 HY 200DB 0 1,800207 F&F-NEW PLUMBING 5/22/16 840 X X N/A 7 HY200DB 0 840208 F&F-A/C UNIT 7/27/16 1,548 X X N/A 7 HY200DB 0 1,548209 IMP-WEBSITE 4/01/16 5,000 X N/A 7 HY 200DB 0 5,000210 IMP-NEW TOILET/SINK 3/01/16 880 X X N/A 7 HY 200DB 0 880211 M&E-INSTALL NEW AC 7/27/16 885 X X N/A 7 HY 200DB 0 885

11,949 N/A 0 11,949

5-vear GPS Property:205 C&P-PRINTER/PHONES 5/19/16 N/A* X X 0 5 HY200DB 0 0

0 0 0 0

7-vear GPS Property:206 F&F-SMALL KITCHEN EQUIPMENT 4/01/16 N/A* X X 0 7 HY 200DB 0 0207 F&F-NEW PLUMBING 5/22/16 N/A* X X 0 7 HY200DB 0 0208 F&F-A/C UNIT 7/27/16 N/A* X X 0 7 HY 200DB 0 0209 IMP-WEBSITE 4/01/16 N/A* X 0 7 HY 200DB 0 0210 IMP-NEW TOILET/SINK 3/01/16 N/A* X X 0 7 HY 200DB 0 0211 M&E-INSTALL NEW AC 7/27/16 N/A* X X 0 7 HY 200DB 0 0

0 0 0 0

Prior MACRS:5 AUTO-2010 TU 1/01/10 52,800 50.00 26,400 5 HY200DB 27,141 07 501 S MAIN ST 3/01/98 350,000 350,000 39 MMS/L 159,667 8,9748 710 S. MAIN ST 4/01/02 270,000 270,000 39 MMS/L 94,903 6,923

10 COMPUTERS-WI 4/01/05 780 780 5 HY200DB 780 011 COMPUTERS-WI 11/01/08 800 X 400 5 HY200DB 800 021 COMPUTERS-DD 5/01/10 39,790 X 19,895 7 HY200DB 37,127 1,77526 COMPUTERS-PH 11/01/10 9,019 X 350 7 HY 200DB 8,669 23330 COMPUTERS-DE 10/01/08 267 X 133 7 HY 200DB 267 031 COMPUTERS-PO 9/01/08 2,135 X 1,067 5 HY 200DB 2,135 036 C&P-SHOP COM 10/01/12 303 X X 75 7 HY 200DB 256 1337 C&P-RESTAURANT 12/01/12 522 X X 130 7 HY 200DB 440 2438 C&P-NEW IPADS FOR RESTAURANT 2/01/13 5,328 X X 0 7 HY 200DB 5,328 039 C&P-NEW MAC 5/15/13 1,973 X X 0 7 HY 200DB 1,973 040 C&P-TRADE LAPTOP 5/27/13 205 X X 0 7 HY200DB 205 050 F&F-TV 12/01/08 539 X 269 5 HY 200DB 539 051 F&F-TV 12/01/08 1,204 X 602 7 HY200DB 1,204 052 F&F-TV 12/01/08 631 X 315 7 HY 200DB 631 053 F&F-SHELVING 11/01/08 1,329 X 664 5 HY 200DB 1,329 054 F&F-CHAIRS 3/01/09 1,418 X 709 7 HY200DB 1,418 064 F&F-NEW SHELVING FOR SHOP 5/01/13 240 X X 0 7 HY 200DB 240 065 F&F-FURNITURE FOR BAR AT REST 10/18/13 2,525 X X 0 7 HY 200DB 2,525 068 IMP-WATERFALL 9/01/01 31,650 31,650 15 HY 150DB 30,716 93470 IMP-WHOLE RE 2/01/05 2,500 2,500 10 HY 200DB 2,500 071 IMP-EMPLOYEE 11/01/06 820 820 10 HY 200DB 786 3473 IMP-NEW SUMP 10/01/06 677 677 to HY 200DB 649 2874 IMP-RESTAURANT 12/01/06 2,118 2,118 10 HY 200DB 2,029 8977 IMP-FENCE/DE 8/01/07 3,788 3,788 15 HY 150DB 2,335 22386 IMP-LANDWORK 1/01/10 4,400 X 2,200 15 HY 150DB 3,166 13087 IMP-KITCHEN 3/01/10 2,092 X 1,046 . 15 HY 150DB 1,504 6288 IMP-CELLAR/S 3/01/10 1,972 X 986 15 HY 150DB 1,419 5889 IMP-3RD TERRACE 3/01/10 2,927 X 1,463 15 HY 150DB 2,106 8790 IMP-LIGHTING 5/01/10 1,245 X 622 15 HY 150DB 896 3791 IMP-RESTAURANT 5/01/10 5,118 X 2,559 15 HY 150DB 3,683 15192 IMP-FENCING 6/01/10 1,205 X 602 15 HY 150DB 867 3593 IMP-LANDSCAPING 5/01/12 5,335 X 3,695 15 HY 150DB 1,640 37094 IMP-LANDSCAPING 5/01/12 723 X 501 15 HY 150DB 222 5096 IMP-RESTAURANT 6/01/09 8,833 8,833 39 MMS/L 1,461 22797 IMP-RESTAURANT 12/01/09 13,833 13,833 39 MMS/L 2,144 35598 IMP-GIFT SHOP 12/01/09 1,100 1,100 39 MMS/L 170 2899 IMP-WINE SHOP UPGRADE 3/01/13 3,776 3,776 15 HY S/L 629 252

*Because this asset has 179 expense, its cost has been included in the Section 179 Property cost total



• Date Bus Sec BasisAsset Description In Service Cost % 179Bonus for Depr PerConv Meth Prior Current

100 IMP-ROOF REPAIR 501 6/11/13 3,995 3,995 39 MMS/L 260 103lOi IMP-UPGRADES TO LOFT 9/09/13 1,320 1,320 15 HY S/L 220 88118 M&E-MENS RESTROOM 10/01/06 950 950 7 HY200DB 950 0119 M&E-PORTABLE 10/01/06 1,481 1,481 7 HY200DB 1,481 0120 M&E-SALAD PR 5/01/06 2,054 2,054 7 HY200DB 2,054 0I2l M&E-GENERATOR 3/01/07 1,412 1,412 7 HY 200DB 1,412 0122 M&E-AIR COND 9/01/08 2,900 X 1,450 7 HY 200DB 2,900 0123 M&E-EXHAUST 6/01/08 2,592 X 1,296 7 HY200DB 2,592 0124 M&E-FORKLIFT 7/01/08 587 X 293 7 HY200DB 587 0125 M&E-SALAD PR 3/01/08 1,347 X 673 7 HY 200DB 1,347 0126 M&E-WALKIN F 3/01/08 15,000 X 7,500 7 HY 200DB 15,000 0127 M&E-HOOD MOT 4/01/08 902 X 451 7 HY 200DB 902 0128 M&E-UPGRADE 4/01/08 1,041 X 520 7 HY 200DB 1,041 0129 M&E-EXHAUST 4/01/08 1,074 X 537 7 HY 200DB 1,074 0130 M&E-RESTAURANT 6/01/08 658 X 329 7 HY 200DB 658 0131 M&E-PLUMBING 11/01/08 2,166 X 1,083 7 HY200DB 2,166 0132 M&E-STEREO 12/01/08 720 X 360 7 HY200DB 720 0155 M&E-RADIOS 4/01/12 1,054 X X 263 7 HY 200DB 889 47156 M&E-STEREO 5/01/12 4,832 X X 1,208 7 HY200DB 4,077 216157 M&E-REGISTER 6/01/12 207 X X 51 7 HY200DB 175 9158 M&E-SALAD CO 6/01/12 1,697 X X 424 7 HY 200DB 1,432 76159 M&E-SECURITY 7/01/12 285 X X 71 7 HY 200DB 241 12160 M&E-SECURITY 7/01/12 558 X X 139 7 HY 200DB 471 25161 M&E-SECURITY 7/01/12 1,570 X X 392 7 HY 200DB 1,325 70162 M&E-SECURITY 9/01/12 258 X X 64 7 HY 200DB 218 11163 M&E-6 OAK BA 9/01/12 1,050 X X 262 7 HY 200DB 886 47164 M&E-ICE MACH 10/01/12 528 X X 132 7 HY 200DB 446 23165 M&E-POPCORN 1/01/12 8,500 X X 2,125 7 HY 200DB 7,172 380166 M&E-14 0Z GA 5/01/12 5,748 X X 1,437 7 HY 200DB 4,850 257167 M&E-LOYALTY CARD PROCESSING 3/12/13 623 X X 0 7 HY200DB 623 0168 M&E-SWISHER HYGIENE 4/01/13 4,159 X X 0 7 HY 200DB 4,159 0169 M&E-PLUMBING WORK 4/25/13 270 X X 0 7 HY200DB 270 0170 M&E-TIME CLOCK 5/23/13 200 X X 0 7 HY 200DB 200 0171 M&E-BLENDER 5/23/13 192 X X 0 7 HY200DB 192 0172 M&E-FREEZER 7/31/13 1,000 X X 0 7 HY200DB 1,000 0178 C&P POS SYSTEM-RESTAURANT 4/14/14 6,940 X 3,470 5 HY 200DB 5,274 667179 C&P LAPTOPS-POS SYS-REST 4/14/14 1,000 X 500 5 HY 200DB 760 96180 C&P 16) PILOT CRYSTALCALL 4/24/14 947 X 473 5 HY 200DB 720 91181 C&P RADIO SYSTEM 5/01/14 1,397 X 698 5 HY 200DB 1,062 134182 C&P POS SYSTEM-BACK OF HOUSE 5/07/14 4,910 X 2,455 5 HY200DB 3,732 471183 C&P PLATFORM-COMPUTER AT GIFT 7/15/14 270 X 135 5 HY 200DB 205 26184 C&P POS WORKSTATION-REST 12/09/14 450 X 225 5 HY 200DB 342 43185 F&F BOOTHS FOR REST 1/15/14 6,828 6,828 7 HY200DB 2,648 1,194186 F&F BOSCO WARMER-REST 7/15/14 370 X 185 7 HY 200DB 257 32187 F&F GREASE TRAP REPLACE 7/19/14 998 X 499 7 HY200DB 692 88188 IMP-LANDSAPE WALL/RETAINING W/ 6/30/14 27,026 27,026 15 HY 150DB 3,919 2,310189 IMP-POPCORN SHOP IMPROVE 5/01/14 1,307 1,307 15 HY 150DB 190 11 i190 IMP-ROOF — RESTAURANT 6/26/14 8,310 8,310 39 MMS/L 329 213191 IMP-CARPET IN LOFT-RESTAURANT 9/01/14 3,988 3,988 15 HY S/L 399 266192 IMP-AIR CONDITIONER-GIFT SHOP 10/24/14 2,385 2,385 15 HY S/L 239 159193 IMP-DOOR/WINDOW/FENCE 7/11/14 4,329 4,329 15 HY S/L 433 289194 IMP-LIGHTING IMPROVEMENT 9/14/14 1,836 1,836 15 HY S/L 184 122196 M&E DISH WASH 6/10/14 1,984 1,984 7 HY 200DB 769 347197 M&E ICEMAKER 6/10/14 1,920 X 960 7 HY 200DB 1,332 168198 M&E BOOSTER HEATER 7/09/14 679 X 339 7 HY 200DB 471 60199 C&P PHONE SYSTEMS/DIGITAL DININ 6/30/15 6,616 X 3,308 5 HY200DB 3,970 1,058200 M&E 2) AIR CONDITIONERS 6/05/15 1,156 X 578 7 HY 200DB 661 141202 IMP-BUILDING IMPROVEMENTS 10/01/15 7,912 7,912 39 MM S/L 42 203204 IMP-LIGHTING 9/12/15 400 400 39 MMS/L 3 10

1,002,808 866,960 499,122 30,755

Other Depreciation:66 IMP-DUMPSTER 3/01/98 15,000 15,000 39 MO S/L 6,848 38469 IMP-FOUNDATION 4/01/02 8,385 8,385 39 MO S/L 2,894 21572 IMP-NEW FURN 10/01/06 5,738 5,738 15 MO S/L 3,796 38275 IMP-BEVERAGE 2/01/07 150 150 15 MO S/L 85 1076 IMP-CELLAR P 9/01/07 1,130 1,130 15 MO S/L 639 7578 IMP-IMPROVEMENTS 6/01/07 673 673 39 MO S/L 147 1779 IMP-IMPROVEMENTS 6/01/07 1,601 1,601 15 MO S/L 908 107



Asset DescriptionDate

In Service CostBus% 179Bonus

Basis for Depr PerConv Meth Prior Current

80 IMP-IMPROVEMENTS 11/01/07 526 526 15 MO S/L 298 358! IMP-LADIES ROOM 10/01/07 791 791 15 MO S/L 449 5382 IMP-NEW GLASS 6/01/07 3,128 3,128 15 MO S/L 1,775 20883 IMP-OFFICE 4/01/07 981 981 39 MO S/L 218 2684 IMP-WINERY I 6/01/07 1,381 1,381 39 MO S/L 301 3685 IMP-WINERY I 5/01/08 1,000 1,000 39 MO S/L 197 2695 IMP-BUILDING 3/01/98 27,500 27,500 39 MO S/L 11,056 706

! 03 LAND-501 SMAIN 3/01/98 50,000 50,000 0 - Land 0 0104 LAND-710 S MAIN 4/01/02 30,000 30,000 0 — Land 0 0109 M&E-WALK IN 3/01/02 12,950 12,950 39 MO S/L 4,579 332176 SCHWEDE RD PROPERTY-CONTR 8/31/14 470,000 470,000 0 - Land 0 0

Total Other Depreciation 630,934 630,934 34,190 2,612

Total ACRS and Other Depreciation 630,934 630,934 34,190 2,612

Amortization:102 INCORPORATION COSTS 3/01/98 16,980 16,980 5 MO Amort 16,980 0173 COVENANT NOT TO COMPETE 3/01/98 100,000 100,000 15 MOAmort 100,000 0174 GOODWILL 3/01/98 420,000 420,000 15 MOAmort 420,000 0177 PROJECT DESTINATION 7/31/14 41,344 41,344 3 MOAmort 20,672 13,781195 KERNEL DAVES REBRANDING 6/01/14 19,549 19,549 15 MOAmort 2,064 1,303201 IMP-WEB SITE IMPROVEMENTS 8/01/15 2,045 2,045 15 MOAmort 57 136203 KERNAL DAVES REBRANDING 6/01/15 4,779 4,779 15 MOAmort 186 318

604,697 604,697 559,959 15,538

Grand Totals 2,250,388 2,102,591 1,093,271 60,854Less: Dispositions and Transfers 0 0 0 0Less: Start-up/Org Expense 0 0 0 0

Net Grand Totals 2,250,388 2,102,591 1,093,271 60,854


AKCENTERPR! AKC ENTERPRISES INC 3/13/2017 8:21 PM43-1803633 Federal StatementsFYE: 12/31/2016

Form 1120S. Paae 1. Line 12 - Taxes and Licenses

Description AmountFICA $ 55,781FUTA 4,153SUI 3,206LICENSES 6, 771BUSINESS TAXES 3,719PERSONAL PROP TAX 1,009WINE TAXES 591

Total $ 75,230

Form 1120S, Page 3, Schedule K. Line 16c - Nondeductible Expenses

Description AmountPage 1 Meals/Entertainment $ 294

Total $ 294

Form 1120S. Paae 4. Schedule L. Line 3 - Inventories


$ 129,954 $ 98,809Total $ 129,954 $ 98,809

Form 1120S, Page 4, Schedule L, Line 19 - Loans from Shareholders


$ 20,640 $ 20,640Total $ 20,640 $ 20,640

Form 1120S. Page 4. Schedule L. Line 20 ■ Mortgages, Notes, Bonds Payable in One Year orMore


SBA $ 1,031,674 $ 1,003,605SCHWEDE ROAD PROPERTY 357,983 357,968OTHER SHAREHOLER LOANS 55,000 3, 890

Total $ 1,444,657 $ 1,365,463



Form 1120S, Page 4, Schedule L Line 23 - Additional Paid-In Capita!

Description

Total

Beginning of Year

$ 335,384$ 335/384

End of Year

$ 335/384$ 335,384



Form 1125-A, Line 2 Purchases

__________ Description__________ AmountPurchases $ 536,963Change in Inventory _____ -31,145

Total $ 505,818


Fill in this information to identify the case:Debtor name AKC Enterprises, Inc.United States Bankruptcy Court for the: EASTERN DISTRICT OF MISSOURI Check if this is an

Case number (if known): amended filing

Official Form 204Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured Claims andAre Not Insiders 12/15

A list of creditors holding the 20 largest unsecured claims must be filed in a Chapter 11 or Chapter 9 case. Include claims which thedebtor disputes. Do not include claims by any person or entity who is an insider, as defined in 11 U.S.C. § 101(31). Also, do notinclude claims by secured creditors, unless the unsecured claim resulting from inadequate collateral value places the creditoramong the holders of the 20 largest unsecured claims.

Name of creditor andcomplete mailing address,including zip code

Name, telephone numberand email address ofcreditor contact

Nature of claim(for example, tradedebts, bank loans,professional services,and governmentcontracts)

Indicate if claimis contingent,

unliquidated, ordisputed

Amount of claimIf the claim is fully unsecured, fill in only unsecured claim amount. Ifclaim is partially secured, fill in total claim amount and deduction forvalue of collateral or setoff to calculate unsecured claim.Total claim, ifpartially secured

Deduction for valueof collateral or setoff

Unsecured claim

Ameren MissouriP.O. Box 88068Chicago, IL 60680

Utility Bill501 S. Main Street

$1,325.30

City of St. CharlesTourism Tax Section200 North SecondStreetSaint Charles, MO63301

Taxes Due $1,725.00

CPS CommercialPumpingP.O. Box 429Saint Charles, MO63302

Services $4,037.75

High Speed Capital187 Wolf RoadSuite 101Albany, NY 12205

Merchant LoanAgreement

$55,000.00

Internal RevenueServiceInsolvency 5334 STLP.O. Box 7346Philadelphia, PA19101

Taxes $10,437.25

Midnight Advance325 Division AveSuite 201Brooklyn, NY 11211


$25,000.00

Missouri TaxationDivisionP.O. Box 840Jefferson City, MO65105

Taxes $60,000.00

New Frontier Bank1770 Zumbehl RoadSaint Charles, MO63303

Loan Agreement $1,067,000.00 $0.00 $1,067,000.00

Official form 204 Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured claims page 1

Software Copyright (c) 1996-2017 Best Case, LLC - www.bestcase.com Best Case Bankruptcy



Name of creditor andcomplete mailing address,including zip code

Name, telephone numberand email address ofcreditor contact

Nature of claim(for example, tradedebts, bank loans,professional services,and governmentcontracts)

Indicate if claimis contingent,

unliquidated, ordisputed

Amount of claimIf the claim is fully unsecured, fill in only unsecured claim amount. Ifclaim is partially secured, fill in total claim amount and deduction forvalue of collateral or setoff to calculate unsecured claim.Total claim, ifpartially secured

Deduction for valueof collateral or setoff

Unsecured claim

On Deck Capital,Inc.1400 Broadway,25th FloorNew York, NY 10018


$65,000.00

SpireDrawer 2Saint Louis, MO63171


$1,814.50

SpireDrawer 2Saint Louis, MO63171


$248.67

St. Charles CountyCollector ofRevenue201 N. 2nd Street,#212Saint Charles, MO63301

Taxes Due $38,500.00

Official form 204 Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured claims page 2



}bk1{Creditor Address Matrix}bk{

Ameren MissouriP.O. Box 88068Chicago, IL 60680

City of St. CharlesTourism Tax Section200 North Second StreetSaint Charles, MO 63301

CPS Commercial PumpingP.O. Box 429Saint Charles, MO 63302

High Speed Capital187 Wolf RoadSuite 101Albany, NY 12205

Internal Revenue ServiceInsolvency 5334 STLP.O. Box 7346Philadelphia, PA 19101

Midnight Advance325 Division AveSuite 201Brooklyn, NY 11211

Missouri Taxation DivisionP.O. Box 840Jefferson City, MO 65105

New Frontier Bank1770 Zumbehl RoadSaint Charles, MO 63303

On Deck Capital, Inc.1400 Broadway, 25th FloorNew York, NY 10018

SpireDrawer 2Saint Louis, MO 63171

St. Charles County Collector of Revenue201 N. 2nd Street, #212Saint Charles, MO 63301


United States Bankruptcy CourtEastern District of Missouri

In re AKC Enterprises, Inc. Case No.Debtor(s) Chapter 11

CORPORATE OWNERSHIP STATEMENT (RULE 7007.1)

Pursuant to Federal Rule of Bankruptcy Procedure 7007.1 and to enable the Judges to evaluate possible disqualification orrecusal, the undersigned counsel for AKC Enterprises, Inc. in the above captioned action, certifies that the following is a(are) corporation(s), other than the debtor or a governmental unit, that directly or indirectly own(s) 10% or more of anyclass of the corporation's(s') equity interests, or states that there are no entities to report under FRBP 7007.1:

None [Check if applicable]

January 29, 2018 /s/ Thomas H. RiskeDate Thomas H. Riske 61838

Signature of Attorney or LitigantCounsel for AKC Enterprises, Inc.Carmody MacDonald P.C.120 S. Central Ave., Suite 1800Saint Louis, MO 63105314-854-8600 Fax:[email protected]



official form 201 voluntary petition for non-individuals ... · tax-exempt entity ... and federal...

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