Case details for Dene Graham Stevenson

Name: Dene Graham Stevenson

Name: DR ENTERTAINMENT LIMITED

Date of Birth: 27 / 10 / 1976

Date Order Starts: 2 / 11 / 2023

Disqualification Length: 7 Years 0 Month(s)

CRO Number: 09324609

Last Known Address: 144 COLDERSHAW ROAD, , , , LONDON, W13 9DT

Conduct: 1. Mr Dene Graham Stevenson (“Mr Stevenson”) failed to comply with his statutory duties as Director of DR Entertainment Limited t/a The Aeronaut in Liquidation (“the company”) to ensure that the company made returns and timely payments as and when due to HM Revenue & Customs (“HMRC”) in relation to Value Added Tax (“VAT”) from 7 October 2017 to the cessation of trade. Mr Stevenson caused the company to trade to the detriment of HMRC resulting in a liability of £357,153.13.13, in that: • Up to and including VAT quarter 05/17, when a “Nil return”” was submitted, all VAT returns and payments were up to date. • For VAT quarter 08/17 the company submitted a return totalling £34,695.67. HMRC allocated two payments against this quarter in the combined amount of £2,250.00 leaving a balance payable of £32,445.67. • For VAT quarter 11/17 the company submitted a return totalling £9,400.53. HMRC allocated two payments against this quarter in the amount of £2,255.00 leaving a balance payable of £7,145.53. • For VAT quarters 02/18 to 11/18 returns submitted by the company totalled £74,722.57 with applied surcharges totalling £5,915.46. HMRC allocated three payments against these quarters in the amount of £8,245.80 leaving a balance payable of £72,392.23 (Cumulative £111,983.43). At the date of Liquidation this amount remained unpaid. • For VAT quarters 02/19 to 02/22 assessments were raised by HMRC totalling £226,303.00 with applied surcharges totalling £18,866.70. At the date of Liquidation these amounts remained unpaid. • The last payment received by HMRC was in the amount of £1,796.94 on 3 June 2019 which was allocated against outstanding liability for quarter 11/18. • On 9 March 2020 a Winding Up Petition was presented by HMRC in the amount of £181,343.25 of which £176,893.23 related to unpaid VAT. The Petition was withdrawn on 9 April 2020 due to Covid 19 concessions. • A further assessment for VAT quarter 02/22 was raised by HMRC in the amount of £20,394.00. However, no allegation is made in this regard. • At Liquidation total liabilities stood at £415,519.00 with HMRC’s liability stated as £415,000.00. • On 8 December 2022, a proof of debt form was submitted by HMRC totalling £514,921.99 of which £357,318.77 is claimed in respect of VAT for the period 1 June 2017 to 2 May 2022. 2. Mr Stevenson failed to ensure that the company maintained and/or preserved adequate accounting records, or alternatively, has failed to deliver up to the Liquidator of the Company, for a period from 1 July 2020 to 3 May 2022, the date of CVL, such records as were maintained, with the consequence that it has not been possible to determine: • Whether payments from the company bank account totalling £481,664.38 from July 2020 to March 2022 represent the true expenditure for staff wages. • Whether payments to the company bank account totalling £56,482.50, received from HMRC via the Covid Job Retention Scheme from March 2021 to January 2022, were claimed correctly and legitimately. 

This information is correct as at 12 / 10 / 2023



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