1) an assignment of all debts and other sums of money now or at any future time belonging to or received or receivable by the company ("the debts") and the benefit of all securities for the same and all interest (if any) due or which becomes due in respect thereof. 2) floating charge over undertaking and all property and assets present and future including uncalled capital, with all plant machinery, fixtures, equipment, stock-in-trade, work-in-progress and all debts & other sums of money owned acquired belonging or received by the company.

Fixed and floating charges an undertaking and all property and assets present and future including book debts & uncalled capital.