Case details for Toritseju METSGHARUN

Name: Toritseju METSGHARUN


Date of Birth: 18 / 6 / 1977

Date Order Starts: 14 / 11 / 2022

Disqualification Length: 6 Years 0 Month(s)

CRO Number: 08475950

Last Known Address: Flat 11, 7 Fairbourne Road,, , , , London,, SW4 8DG

Conduct: Between 07 June 2014 and 31 May 2019 Toritseju Metsgharun ("Mr Metsgharun") caused JTM to breach its statutory obligations as regards to Value Added Tax ("VAT") and Corporation Tax ("CT") by failing to file the requisite returns and make payments, when due. Further, from 01 May 2016 to the date of Liquidation he caused JTM to trade to the detriment of HM Revenue & Customs ("HMRC") whilst withdrawing funds for the benefit of himself. In that: VAT • JTM submitted 15 VAT returns between 30 April 2014 and 32 October 2017 declaring VAT due of £67,567. No payment was made in relation to these VAT liabilities. • The VAT return for the month ending 30 April 2014 was due for payment on 07 June 2014. • JTM failed to submit any further VAT returns. • HMRC raised 6 assessments between 31 January 2018 and 30 April 2019 where it determined that VAT of £8,636 was due. The VAT due remains unpaid. • HMRC has submitted a claim in the liquidation in the sum of £85,148 in respect of outstanding VAT (including surcharges). Corporation Tax TM filed a CT return for the period ended 30 April 2015 resulting in a total CT liability of £23,984, due for payment by 01 February 2016. JTM made a payment of £3,510 resulting in an outstanding balance of£20,474 (excluding interest or surcharges) on Liquidation for this period. • JTM filed a further 3 Corporation Tax returns for the periods ended 30 April 2016, 30 April 2017 and 30 April 2018 resulting in total CT liabilities of £45,067 (excluding interest or surcharges and or penalties). No payments were made in relation to this and the CT liability remained outstanding at Liquidation. HMRC has submitted a claim in the Liquidation in the sum of £65,540 (excluding interest) in respect of Corporation Tax. Comparative Treatment of HMRC • Bank statements show that between 01 May 2016, (the day after the last full accounts, to 31 May 2019, JTM received income totalling £237,221, during which time payments totalling £229,262 were made to him. Only £7,592 was paid to HMRC. • Abbreviated Unaudited Accounts filed at Companies House for the year ending 30 April 2016 record that he owed JTM £96,493 via the Director's Loan Account ("DLA"). Unaudited Statutory Accounts filed at Companies House for the period ending 30 April 2017 and 30 April 2018 do not record a DLA. The bank statements for the period 01 May 2016 to 31 May 2019 do not show any repayments of the DLA. He has not repaid or made any proposals to repay the DLA, which remained outstanding at Liquidation. • At Liquidation, JTM had liabilities totalling at least £155,513 of which HMRC is owed a total of £155,003 

This information is correct as at 28 / 10 / 2022

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