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The company, Broughton Grange Estates Limited – named after the bank chief's Oxfordshire estate – was dissolved at Companies House at the end of January. The liquidation of the company was completed in October last year, documents filed with Companies House show.
Broughton Grange returned £5,586,710 per £1 ordinary share, with the majority of that payout made in April 2010 according to liquidation filings. A smaller portion was distributed in September last year, according to liquidation filings.
Hester was the sole director and ordinary shareholder of the firm, owning one ordinary share of £1. Annual accounts covering Broughton Grange's 10-year existence show it made a loss in all but two years of its operation.
It was wound up using a Members Voluntary Liquidation, a process liquidation practitioners consider to be a tax-efficient way to unlock a company's assets. Capital returned to shareholders in a liquidation is taxed as a capital gain – whereas dividends are taxed as income, liquidation practitioners said. The rate of capital gains tax in April 2010 was 28%, while the dividend income tax rate was 42.5% for additional rate tax payers earning more than £150,000 per year. A 10% tax credit is applicable to dividend income tax.
This liquidation process is common among UK companies, the practitioners said.
Royal Bank of Scotland declined to comment on Hester's behalf.
Hester is due to receive about £780,000 in shares next month from an RBS bonus plan awarded to him for 2010, according to regulatory filings. He must then hold these shares for another twelve months under the terms of the award.
Hester had forgone a bonus for 2009, 2011 and 2012. He declined his bonus for 2012 in June last year after a technology glitch impacted customers. He waived his 2011 bonus in January last year and 2009 bonus in February 2010 amid intense political pressure over bank pay on both occasions.
Broughton Grange Estates was first established by Hester as an "investment company" in February 2000, according to the company's certificate of incorporation. He was chief financial officer at Credit Suisse First Boston at the time. He became chief executive of RBS in 2008, replacing Fred Goodwin.
The private company posted a gain of £25,418 for the year to February 28, 2008; and £26,896 for the year to February 28, 2005. However, the last available accounts for the company – for the year to February 28, 2009 – show a loss of £2,178,188, according to accounts filed at Companies House.
As part of the liquidation, Hester took cash from a series of investments owned through Broughton Grange Estates.
They included 'UBS Managed Investments', worth £3.2m, 'JP Morgan managed CQS Investments' worth £870,228 and 'UBS Investment Portfolios' worth £405,390. Other assets included a freehold property, named as 'Eastwood Cottage & land', worth £1.125m and an investment in Breaking Views Limited, the financial publisher bought by Reuters in 2009, worth £7,965.
The liquidation also released cash held with the Bank of Ireland and with private banker Coutts & Co, a division of RBS.
The company did not pay any dividends to its shareholders and did not remunerate its directors in any of the years of its existence.
-- Write to Richard Partington at email@example.com


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News: Featured Articles
Featured VideoCoping with Summer Heat - Euthym Kontaxis, M.D., Medical Director at Eisenhower Medical Center Tennity Emergency Department comments on rising temperatures in the valley as seen on KMIR 6.
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- Annenberg Center Welcomes New President and CEO The Annenberg Center for Health Sciences at Eisenhower welcomes Michael Hite as its President and Chief Executive Officer. Mr. Hite will oversee strategic and operational activities for the... click for more
- Information about Medicare with Medi-Cal Benefit Changes Patients who currently have a "Medi/Medi" plan have recently received information about Cal MediConnect, which will be implemented in 2014. Please click here to read how this new program may affect... click for more
- Eisenhower Receives Top "A" Grade in Leapfrog's Spring 2014 Hospital Safety Score Designed to rate how well hospitals protect patients from accidents, errors, injuries and infections, the latest Hospital Safety Score honored Eisenhower Medical Center with an "A" — its top grade in... click for more
Hot Topics
- Eisenhower Named 2013 Most Wired Two Years in a Row For the second consecutive year, Eisenhower Medical Center has been recognized as one of the nation's "Most Wired" health care facilities, according to the results of the 2013 Most Wired Survey released in the July issue of Hospitals & Health Networks magazine.... click for more
- Eisenhower First in Coachella Valley to Offer Cryoablation for Fibroadenomas According to the National Institutes of Health, fibroadenoma is the most common benign tumor found in the breast. Typically, treatment for fibroadenomas either involves watchful waiting or surgery. For Coachella Valley residents, there is now another option - cryoablation,... click for more
- Eisenhower Designated a Leader in LGBT Health Care Equality Eisenhower Medical Center has been recognized as a Leader in LGBT Healthcare Equality in the Healthcare Equality Index 2013, an annual survey conducted by the Human Rights Campaign (HRC) Foundation, the educational arm of the country's largest lesbian, gay, bisexual and... click for more
Committed to Excellence: Meet Our Staff
- Meet the Previous Winners of the Jackie Lee Houston Shining Stars recognition... click for more
- In their Own Words - Listen to interviews with our past Shining Star Award Winners including Andrew Hendrian, Dean Demir, Debbie Lavorgna, Liz Edmundson, Liz Siino, Luis Aldeguer, Lynne Malestic, Pamela Moorman, Rosalinda Garcia and Zach Miller click for more
Events: Upcoming at Eisenhower - View all Events
Healthy Living: Magazine & Television - Read Online
Magazine Highlights
- Eisehower Lucy Curci Cancer Center A healing place like no other.
These words accurately reflect what Eisenhower Lucy Curci Cancer Center offers to people with cancer and their families. The nationally accredited Cancer Center combines today's most advanced diagnostic tools, cutting-edge treatments, access to clinical trials, an exceptional team of cancer specialists and extensive support services — all housed in a beautifully appointed facility designed to enhance healing.
"There's no reason to leave the desert for cancer treatment," says the Cancer Center's Chief Administrative Officer Lilli Mandelik. "The treatment you receive here is on par with any big metropolitan cancer center, but we're right here in your own backyard." click for more
- All In The Family Family. It's a theme that suffuses the personal and professional lives of physicians Anne Montgomery, MD, and Glen Stream, MD, who joined Eisenhower Primary Care 365 in 2013. Each is Board Certified in Family Medicine. Each has held leadership positions with the American Academy of Family Physicians. Dr. Montgomery serves as Associate Director of Eisenhower's Family Medicine residency program. They're also married to each other and have raised two sons, now out of college. click for more
- The Keys to Success Donna Miller, 76, doesn't really know how she injured her rotator cuff, a group of four tendons... click for more
- To All Healthy Living Resource Center Members All members of Eisenhower's Healthy Living Resource Center receive a number of benefits, including... click for more
- The Sweet Tooth Dilemma Have you ever searched your kitchen for something sweet to eat, knowing that you recently tossed... click for more

subset: commoncrawl


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Even now, Chris Pronger still has lingering effects from his concussion.
Jonathan Quick (wrist) practiced with his teammates on Friday.
The Blackhawks' line of Brandon Saad, Patrick Kane and Brad Richards was flying in practice Friday and seems to be gelling very quickly.
Logan Couture's hand was fine as training camp began.
Claude Giroux is expected to miss all of the Flyers pre-season games at least after suffering a lower body injury on Friday.
Griffin Reinhart has an excellent opportunity to make the opening night roster of the New York Islanders.
Mikael Backlund did not practice with the Flames on Friday as he suffered an abdominal strain a few weeks ago.
Los Angeles Kings head coach Darryl Sutter believes that Anze Kopitar doesn't get enough recognition for his offensive game.
San Jose Sharks head coach Todd McLellan reiterated that the team sees Brent Burns as a defenseman, not a forward.
Rene Bourque is hoping to build off the success he had in last year's Stanley Cup playoffs.
Ryan Murray did not practice with his teammates on the first day of Blue Jackets training camp because he's still rehabbing a knee injury.
Jamie McGinn missed the opening day of Avalanche training camp with a back injury.


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Customer Testimonial
Kitchen & Grill department
Find the perfect gift for your favorite chef with personalized kitchen and BBQ grill gifts and accessories!
Personalized Gifts for CooksDiscover what's cooking at PersonalizationMall.com, where we have the ultimate go-to collection of customizable gifts for cooks. Browse our wide range of unique kitchen and grill products to make cooking and meal time extra special.


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Westtown Township Wastewater Operator
Westtown Township — West Chester, PA
Westtown Township - Wastewater OperatorWesttown Township - Wastewater Operator This position includes operations and maintenance of one 495,000 GPD extended aeration wastewater treatment plant, 6 pump…
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SecretarySecretary Strong computer skills in Word & Excel. Must have excellent organizational skills. Responsibilities include wp of reports, letters & memos, phone coverage, assisting several manager…
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Orthodontic Assistant
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ORTHODONTIC ASSISTANTORTHODONTIC ASSISTANT Established Paoli practice seeking an outgoing career minded team member. Experience a plus, however, in office training available for a self motivated indiv…
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Emortal Clothing is seeking a highly-motivated student or graduate with a passion for Web Design to start in mid November 2014. Looking to revamp our website http://emortalclothing.com for the upcomin…
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I am a Career Empowerment Coach with a mission to help people design a career of choice. I am a coach who is working to help recent graduates and early career professionals find choices in their caree…
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of SEEK, I am looking for that special someone that shares the same passion for philanthropy, youth, and community development that I do. S.E.E.K., is a Miami nonprofit organization that strives to im…
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Become an intern at a new video game studio and program and script various gameplay elements. You will be working on developing the game and not doing cliched intern work (running around getting coff…
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Software Map
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Now limiting view to projects in the following categories:
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|0. pgSphere - pgSphere is a server side module for PostgreSQL. It contains methods for working with spherical coordinates and objects. It also supports indexing of spherical objects.
Registered: 2006-11-12 17:25
|1. PL/Proxy - PL/Proxy is database partitioning system implemented as PL language.
|Activity Percentile: 80.95
Activity Ranking: 25.00
Registered: 2006-07-10 14:49
|2. PgAccess - PgAccess is a cross-platform Tcl/Tk interface to PostgreSQL that provides both DBA and RAD functionality.
|Activity Percentile: 0.00
Activity Ranking: 0.00
Registered: 2005-03-16 13:14
|3. psqlODBC - psqlODBC is the official PostgreSQL ODBC Driver.
Downloads are available on the PostgreSQL Mirror network at http://www.postgresql.org/ftp/odbc/, and support from the firstname.lastname@example.com mailing list (http://archives.postgresql.org/pgsql-odbc/).
|Activity Percentile: 0.00
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Registered: 2005-07-14 07:59


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Will North Carolina Become The GOP's Unicorn For 2014? | Matt Vespa
Rockefellers Now Spurn Oil, That Thing That Made Them Rich | Sarah Jean Seman
Poll: Cotton: 43; Pryor: 38 | Daniel Doherty
Hypocrites: Speakers Fly More Than 1 Million Miles to Attend Climate Change Summit | Leah Barkoukis
Obama Saluted Marine With a Coffee Cup | Christine Rousselle
Syria: US Bombs Al Qaeda Group Recruiting ISIS Fighters to Attack Western Targets | Guy Benson
Republicans Amend Party Platform in NH; Now They Support "Personhood" | Daniel Doherty
Don't Limit Tax Relief to Families | Conn Carroll
BREAKING: Judge Rules Dinesh D'Souza Will Not Face Prison Time | Katie Pavlich
The UN Has Renamed Global Warming/Climate Change Again | Katie Pavlich
The Rush Limbaugh Show Exposes the Stop Rush Conspiracy
| Rebecca Hagelin
A Prayer for 5775
| Caroline Glick
Hippie Hypocrisy
| Ashley Pratte
School Accused of 'Purging' Christian books
| Todd Starnes
Ferguson, Six Weeks Later: The Picture Darkens
| Brian Birdnow
Hey Obama: How Turkey Closed Their Border
| John Ransom
Stupid Is As Krugman Does
| Michael Schaus
Who Wants War?
| Thomas Sowell
Even Libs Say No to Hillary in 2016
| Chuck Norris
6 Reasons Barack Obama Is A Failed President
| John Hawkins
Quotes of the day | Allahpundit
Brave cat jumps from fiery collapsing building, saves no one but himself | Mary Katharine Ham
D.C. cabs companies blame ride-sharing for loss of revenue | Mary Katharine Ham
Pew poll: Majority of Republicans think GOP isn't doing a good job on spending, immigration, and gay marriage | Allahpundit
Ruth Bader Ginsberg to liberals: You really think Obama can replace me? | Noah Rothman
Building blocks of the GOP Senate majority coming together | Noah Rothman
Gingrich Discusses ISIS
Rise of Islamic Schools Causes Alarm in Secular Turkey
About 130,000 Syrians Flee IS Group Into Turkey
Rand Paul Opens Bay Area Office to Reach Silicon Valley
White House: Americans with Islamic State Have Returned to U.S.
Townhall.com is the leading source for conservative news and political commentary and analysis.
Townhall is packed with breaking news headlines, political news, and conservative opinion with Townhall columnists including Ann Coulter, Michelle Malkin, Michael Barone, Star Parker, Dennis Prager, Thomas Sowell, and many more of your favorite conservatives.
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Townhall.com also features the latest news videos and pictures on the latest political hot topics including health care reform, the economy, immigration, government tax, President Obama, Sarah Palin, Mitt Romney, Herman Cain, Ron Paul, Iraq, immigration, politics, gay marriage laws, and many more big news issues.
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If you haven't had a chance yet, please take the time to give a proper send off to one of the greatest skaters we've ever seen, Lewis Marnell, and as a tribute to him raise money for his fam.
Jah Work: A Lewis Marnell Tribute, available at iTunes, Amazon and Google Play.
Get ready for an exclusive live session from Ben Harper and Charlie Musselwhite today at 4pm PDT on KCSN 88.5 FM in Los Angeles and online at www.kcsn.org. Recorded at the Village Recorder, the performance includes songs from their acclaimed album "Get Up!" out now on Stax/Concord!
Ben sings "World Boss" on Gov't Mule's new album "Shout!" in stores now. Stream in it entirety at the Listening Booth on MSN. Buy at Gov't Mule Store, Amazon.com and iTunes.


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The Fashion Photographer's Radiant Video For the Berlin-Based Eyewear Brand
Two women explore the natural beauty of Tulum, Mexico, in erudite photographer and musician Mark Borthwick's dreamy short for frame makers Mykita. Refracted by a golden summer sun, the film sees both girls and landscape dissolve through shards of colored glass to a delicate guitar soundtrack composed by Borthwick. "I was blessed to be given the chance to let the image go, to create a feeling of transparency," explains the Brooklyn-based visionary. "We were free to celebrate the joy of collaborating in the purest sense of the word." Using amateur models, and no artificial lighting, styling or make-up enabled Borthwick to capture the ambiance of a family photo album. "Without this inspiring intimacy there would be no specific meaning to me," he explains. Founded in 2003, Mykita's handmade, chic designs have become eyewear essentials for the fashion conscious and have featured in collaborations with the likes of Moncler and Bernhard Willhelm. To mark their eighth anniversary the company recently launched a book, Mykita 8, charting the goings-on at the brand's Berlin workshop with Borthwick's trademark light-soaked photographs appearing alongside contributions from illustrator Sarah Illenberger and artist Agathe Snow among others. Below Borthwick extols the mystical allure of Tulum, and explains his enduring love for analog.
How did you come to decide on a style for the film?
There was no specific concept, rather a connection between sensuality and curiosity, and a feeling of being blinded by the light. It's the gift of losing time, liberating the senses and letting go.
How did you choose the location for the shoot?
Tulum, Mexico, is somewhere my family and I have been visiting for 18 years. It's a place we've shared, and where many friends have gathered. Tulum was chosen for her light, her magnetism and her ancient people, the Mayans. Tulum is a 'wellspring', an eternity of sensations, turning me on.
Why is analog technology important to you?
I like to say we sing the same song. She's the finest of listeners. Her hues move me. As an expression she's light to touch and a vibration of one's inner feelings entangled through time. Analog gives an air of transparency and adventure.
Which artists and filmmakers inspire your work?
All of my friends. My kids. I'm obsessed by their questions, their ideologies that lead the mind elsewhere, their changing views and their virgin eyes. They fill me with love.
Visit our Facebook page for an exclusive behind-the scenes-film from the shoot.


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Silentnight 1200 mirapocket 150cm mattress and 2 drawer storage divan set with unique mirapocket technology. This clever spring unit includes individually responsive pocket springs that respond perfectly to your body, offering superior comfort and support. The layer of innegetic latex offers instant comfort and support which can improve circulation and the breathable eco-comfort fibres are scientifically proven not to allow heat build up around the body.
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*Free delivery over £50 refers to home delivery orders placed on diy.com only. Charges refer to the value of goods being delivered and excludes delivery from stores or services. Excludes bulk delivery.
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Her Excellency, the Viscountess of Hellenbrone, Lady of Erex of the House of Hohenrov
My blog is mostly about Royalty and Alexander Skarsgård.... but its turned into a hodgepodge of info about random stuff I like as well.


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from the National Women's Health Resource Center's e-newsletter, HealthyWomen Take 10
What's the best predictor of your child's enjoyment of physical activity?
a) cool new sneakers
b) focused skills training
c) your support of the activity
Okay, so you knew it was a loaded question. The answer is (c)-kids are more physically active when their parent encourages and supports that interest.
Such support boosts children's positive attitude toward exercise as well as their interest in organized sports. And when you participate in free-time physical activity with your daughter or son, you increase her or his enjoyment of unstructured fitness fun.
You don't have to excel at any sport to work this magic with your kids. Try these ideas for playing and being active together:
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9 a.m. to 10:00 a.m., sitting practice and Maitri Bhavana
10:00 a.m. to 11:00 a.m., Reading and Discussion
It's not necessary to attend for the entire morning. Please feel free to sit for a shorter period, if that fits your schedule.
Please note: On Some Sundays the Reading and discussion may be preempted by a more extensive program or special event. On these Sundays a separate calendar event will be listed for the special event or program.
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Published On: Oct 24 2011 07:55:10 AM PDT Updated On: May 06 2014 09:11:37 AM PDT
Saying "It's time to burn the beret and bury the blue dress," Monica Lewinsky is writing for the first time about her affair in the 1990s with President Bill Clinton. Take a look at some of history's steamiest political sex scandals.
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