Case details for Chance Peter Hooper

Name: Chance Peter Hooper

Name: RED LION CONSULTANCY LTD

Date of Birth: 19 / 3 / 1977

Date Order Starts: 3 / 5 / 2022

Disqualification Length: 3 Years 6 Month(s)

CRO Number: 08682380

Last Known Address: 16 Top Road, Croxton Kerrial, , , GRANTHAM, NG32 1QB

Conduct: Between at least 01 July 2017 (the date that the 2015-2016 Corporation Tax,(“CT”), fell due and Red Lion Consultancy Limited, (“RLCL”), failed to make payment in full), and 30 September 2019, (when it ceased to trade), I, failed to ensure that RLCL met its financial commitments as regards Corporation Tax (“CT”) and Value Added Tax (“VAT”) and caused RLCL to continue trading whilst withdrawing funds for the benefit of myself, totalling at least £41,850 net. As a result, RLCL became unable to meet its financial commitments to majority creditor HMRC as and when they became due, and liabilities to HMRC totalled £107,525.98, (comprised of VAT £50,330 and CT £57,196), at liquidation on 29 September 2020, with other scheduled creditors at only £668, in that;- CORPORATION TAX RLCL filed a CT return for the period ended 30 September 2016 which showed that £5,040 was due in respect of Corporation Tax due for payment by no later than 01 July 2017. RLCL underpaid penalties and interest due against this liability, resulting in an outstanding balance of £492 on Liquidation. RLCL filed a CT return for the period ended 30 September 2017 which showed that £10,130 was due in respect of Corporation Tax due for payment by no later than 01 July 2018. RLCL made no payments against this liability, resulting in an outstanding balance of £10,130 on Liquidation. RLCL filed a CT return for the period ended 30 September 2018 which showed that £26,955 was due in respect of Corporation Tax due for payment by no later than 01 July 2019. RLCL made no payments against this liability, resulting in an outstanding balance of £26,955 on Liquidation. RLCL filed a CT return for the period ended 30 September 2019 which showed that £17,833 was due in respect of Corporation Tax due for payment by no later than 01 July 2020. RLCL made no payments against this liability, resulting in an outstanding balance of £17,833 on Liquidation. The Statement of Affairs records CT due of £57,037 VAT RLCL registered for VAT on 17 September 2013 and VAT returns were submitted every quarter until September 2019. From the quarter ended June 2016 onwards, Red Lion failed to make payments when due in respect of VAT, leading to a liability of £50,331 at the date of the liquidation including surcharges of £6,383. HMRC action history notes show that I was contacted by telephone on 07 November 2018 and confirm I was aware of the VAT arrears. Bank statements show only two payments, amounting to £5,090, were made to HMRC, being £3,054 on 21 January 2019 and £2,036 on 28 February 2019. MOVEMENTS ON THE DLA Micro accounts submitted to Companies House for the year ending 30 September 2017, record Current Assets of £39,074, so the DLA would have been no greater than this at this point. Between at least 23 July 2018, (the earliest bank statement available), to 30 September 2019, when trading ceased, of the £119,807 debited from the account, £43,250 was transferred to me recorded as either “loan”, “salary”, “dividend”, or “pay” and in addition, debits of at least a further £20,117 are alleged to be personal expenditure. In the same period, deposits totalling £1,400 were made by me into the account. Despite me stating in my director questionnaire that trading ceased on 30 September 2019, a further £2,447 was debited from the account after that date, including a £1,400 salary payment to me on 21 October 2019 and the balance appears to be used mainly for personal expenditure. At liquidation the loan account position was alleged by the liquidator to be £94,920 . It would therefore appear that I had traded RLCL to my personal benefit and to the detriment of HMRC. _______________________________________________________________________________________ 

This information is correct as at 12 / 4 / 2022



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