Case details for Nikki Clapham

Name: Nikki Clapham


Date of Birth: 13 / 3 / 1988

Date Order Starts: 15 / 7 / 2019

Disqualification Length: 3 Years 6 Month(s)

CRO Number: 09578476

Last Known Address: 27 PARSONAGE FIELD, , , , BRENTWOOD, CM15 0RN

Conduct: From 31 July 2016 to 27 March 2018 Nikki Clapham (Ms Clapham) caused O & F Drinks Dispense Limited (hereinafter referred to as O&F) to trade to the detriment of H M Revenue and Customs (hereinafter referred to as HMRC) and to fail to account correctly for VAT and pay quarterly instalments on time under the Annual Accounting Scheme for VAT, in that: VAT

  • O&F applied to HMRC on 4 July 2015 to be authorised to use a flat rate annual accounting scheme with quarterly payments;
  • HMRC confirmed on 14 July 2015 that O&F was authorised to use the flat rate annual accounting scheme as of 1 June 2015 whereby 3 instalments were made through the year with a return and balancing payment paid at the end of the year;
  • Four payments of 3,000.00 were made between 21 October 2015 and 9 June 2016 but the return was not submitted;
  • Subsequently, a return on 24 January 2017 for the period 05/16 for 22,027.32 was submitted but the shortfall of 10,027.32 was not paid and HMRC issued a statement of account that showed including charges, 13,914.32 was outstanding for the period;
  • HMRC confirmed on 19 August 2016 that O&Fs accounting period for 2016/2017 would run from 1 June 2016 to 31 May 2017. Instalments of 875.00 would be due on the last working day of September 2016, December 2016 and March 2017. O&F would need to complete a VAT return at the end of the accounting period and pay any VAT balance outstanding to HMRC;
  • Three payments of 875.00 and one payment of 375.00 were made all on 16 September 2016 but made no return so HMRC raised an assessment on 11 August 2017 for 05/17 for 24,757.00;
  • HMRC confirmed on 21 August 2017 that O&Fs accounting period for 2017/2018 would run from 1 June 2017 to 31 May 2018. Instalments of 6,185.00 would be due on the last working day of September 2017, December 2017 and March 2018. These payments were not made.
  • In a letter dated 8 February 2018 HMRC stated that VAT outstanding was at an unacceptable level of 12,370.00 and O&F would be unable to remain on the annual accounting scheme;
  • Following liquidation HMRC raised an assessment on 8 May 2018 for 03/18 for 19,302.00;
  • As a result, as at the date of liquidation 54,973.32 was owed to HMRC in respect of VAT Comparative treatment
  • Between 31 July 2016 to 27 March 2018 statements show that, excluding contra entries, 605,127.65 was paid out of the bank account as detailed below:
  • Payments to/for the benefit of Ms Clapham totalled 98,107.57;
  • Payments in cash, cheques, unknown parties and interest/charges total 9,909.23;
  • Payments to staff total 343,781.48;
  • Trade suppliers received 149,526.31; while
  • HMRC received 3,803.06. 

    This information is correct as at 2 / 8 / 2019

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