Case details for PENGJIAO CHEN

Name: PENGJIAO CHEN

Name: JCTTJ LIMITED

Date of Birth: 19 / 1 / 1986

Date Order Starts: 17 / 10 / 2018

Disqualification Length: 4 Years 0 Month(s)

CRO Number: 09370476

Last Known Address: Flat 23, Admiralty Building, 17 Henry Macaulay Avenue, , , KINGSTON UPON THAMES, KT2 5FF

Conduct: Ms Pengjiao, Chen a.k.a. Jenny Chen (“Ms Chen”) caused JCTTJ Limited t/a Tao Tao Ju (“JCTTJ”) to trade to the detriment of HM Revenue & Customs (“HMRC”) from at least 7 June 2015 to 16 August 2016 resulting in Value Added Tax due of at least £104,903, in that:

  • JCTTJ was registered for a Value Added Tax (“VAT”) scheme commencing from 11 March 2015 and Ms Chen advised that JCTTJ ceased trading on 22 May 2016. The first VAT return for the period ended 04/15 ought to be filed by 7 June 2015. JCTTJ failed to file any VAT return when due throughout its trading life, for the four quarters ended 04/15 to 01/16 inclusive. HMRC raised assessments for these VAT quarters totalling £14,730, which JCTTJ settled in full.
  • HMRC subsequently raised additional assessments and also surcharges totalling £105,083 for the VAT quarters ended 04/15 to 01/16. HMRC also raised an assessment of £24,828 and an additional assessment of £24,288 respectively for the quarter ended 04/16. No payment was made towards the additional assessments and surcharges raised.
  • For the quarter ended 04/16, the additional assessment raised of £24,288 only is to be relied upon for the purpose of these proceedings, which brings the total VAT and surcharged owed and based on HMRC’s assessments to £129,371.
  • Draft accounts professionally prepared for JCTTJ covering the trading period commencing from the week ended 15 March 2015 to 22 May 2016 stated a VAT liability for the period of £119,633. For the purpose of these proceedings, this sum is to be used.
  • An analysis of JCTTJ’s current bank account for the period of 10 March 2015 (first receipt) to 16 August 2016 (last transaction) shows the total of money received (minus unpaid items, contra and fees) of £1,161,412.45 and the total payment made of £1,146,278.12. From the total payments, £14,730 was paid to HMRC in respect of VAT and based on JCTTJ’s own records, a further; £7,956.48 was paid to HMRC in respect of Employers’ National Insurance Contributions.
  • During the period of after the cessation of trade of 23 May 2016 to 16 August 2016, JCTTJ received and paid out £23,616 and £20,928 respectively. None of this income was paid to HMRC.
  • Based on Ms Chen’s signed Statement of Affairs, HMRC is the largest creditor in the Liquidation with a debt of £119,633 out of the total deficiency of £135,846.
  • After taking into consideration the total payment made by JCTTJ of £14,730 towards the total VAT due of £119,633, at least £104,903 remains outstanding to HMRC in the Liquidation. PCSuperstar Limited t/a Superstar Chinese Restaurant Ms Pengjiao, Chen a.k.a. Jenny Chen (“Ms Chen”) caused PCSuperstar Limited t/a Superstar Chinese Restaurant (“PCSuperstar”) to trade to the detriment of HM Revenue & Customs (“HMRC”) from at least 7 June 2015 to 16 August 2016 resulting in a Value Added Tax (“VAT”) due of at least £91,698, in that:
  • PCSuperstar was registered for a VAT scheme commencing from 11 March 2015 and Ms Chen advised that PCSuperstar ceased trading on 22 May 2016. The first VAT return for the period ended 04/15 ought to be filed by 7 June 2015. PCSuperstar failed to file any VAT return when due throughout its trading life, for the quarters ended 04/15 to 01/16. HMRC raised assessments for these VAT quarters totalling £14,730 which PCSuperstar settled in full.
  • HMRC raised an assessment for the quarter ended 04/16 of £4,538. No payment was made towards this assessment.
  • Draft accounts professionally prepared for PCSuperstar covering the trading period commencing from the week ended 15 March 2015 to 22 May 2016 stated a VAT liability for the period of £106,428. For the purpose of these proceedings, this sum is to be used.
  • An analysis of PCSuperstar’s current bank account for the period of 11 March 2015 (first receipt) to 16 August 2016 (last transaction) shows the total of money received (minus unpaid items, contra and fees) of £1,092,174 and total payments made of £1,077,060. From the total payments, £14,730 was paid to HMRC in respect of VAT and based on PCSuperstar’s own records, a further; £2,300 was paid in respect of Employers’ National Insurance Contributions.
  • During the period of after the cessation of trade of 23 May 2016 to 16 August 2016, PCSuperstar received and paid out £26,019 and £32,033 respectively. No payment was made to HMRC.
  • Based on Ms Chen’s signed Statement of Affairs, HMRC is the largest creditor in the Liquidation with a debt of £106,428 out of the total deficiency of £119,631.
  • After taking into consideration the total payment made by PCSuperstar of £14,730 towards the total VAT due of £106,428, at least £91,698 remains outstanding to HMRC in the Liquidation. 

    This information is correct as at 4 / 10 / 2018



    If you believe this page contains any errors, please email civil.proceedings.team@insolvency.gsi.gov.uk with details of the error that you have found.

  •