Name: MATTHEW CHANDLER

Name: Chichester Stone Limited

Date of Birth: 8 / 1 / 1975

Date Order Starts: 9 / 1 / 2023

Disqualification Length: 2 Years 6 Month(s)

CRO Number: 10917417

Last Known Address: Manhood End Farm, Birdham Road, , , CHICHESTER, PO20 7BX

Conduct: Matthew Chandler (“Mr Chandler”) caused Chichester Stone Limited (“Chichester”) to trade to the detriment of Her Majesty’s Revenue & Customs (“HMRC”) from 07 January 2020 in respect of Value Added Tax (“VAT”), when the VAT liabilities for the VAT period ended 11/19 fell overdue for payment, from 23 July 2019 in respect of Pay As You Earn Income Tax and National Insurance Contributions (“PAYE/NIC”), when the PAYE/NIC liabilities for tax month ended 05 June 2019 fell overdue for payment, and from the 15 May 2019 when Corporation Tax (“CT”) when the CT liabilities for period 15 August 2017 to 14 August 2018 fell overdue for payment, until Chichester was placed into liquidation on 30 September 2021. VAT Chichester submitted VAT returns to HMRC for VAT periods: 11/19, 02/20, 05/20, 08/20, 11/20, 02/21, disclosing VAT liabilities totalling £36,947. On 13 October 2020 Chichester made a payment of £5,338 to HMRC. HMRC applied this to VAT liabilities for the period 11/19. HMRC also applied the VAT refund claim of £1,106 towards this period. At Liquidation £16,708 remained unpaid from VAT period 11/19, this fell overdue for payment on 08 January 2020, total liabilities in respect of VAT totalled £30,502. PAYE/NIC Chichester submitted RTI returns to HMRC each month from tax month ended 05 June 2019 to 05 October 2021 disclosing PAYE/NIC liabilities due to HMRC totalling £66,689. Between 23 July 2019 and 30 September 2021 payments were made towards PAYE/NIC totalling £19,074 and employment allowance was received totalling £10,484. PAYE/NIC liabilities due and payable to HMRC prior to the date of liquidation totalled £33,877 (excluding interest). CT Chichester submitted CT returns to HMRC for periods 15 August 2017 to 14 August 2018, 15 August 2018 to 31 August 2018, 01 September 2018 to 31 August 2019 disclosing CT liabilities totalling £12,131 including £4,495 in relation to the director’s unpaid loan account. No CT return was filed for period 01 September 2019 to 31 August 2020 as such HMRC issued a penalty of £100. On 27 November 2019 a payment of £800 was made by Chichester to HMRC in respect of CT. HMRC allocated this to the CT period 15 August 2017 to 14 August 2018. At liquidation CT liabilities due to HMRC prior to the date of liquidation amount to £11,431 (excluding interest) Differential Treatment At the date of liquidation, the total amount owed to creditors is £153,704 of which £82,345 (including interest, penalties and CIS) is claimed by HMRC in respect of VAT, CT and PAYE/NIC and CIS. Chichester’s accounts for the year ended 31 August 2019 show liabilities to: -Trade and expense creditors of £1,421 -Other creditors £4,871 -Bank loans and overdrafts £9,858 -Hire purchase contracts £9,993 -Tax & Social security £24,541. By date of liquidation liabilities to banks had increased to £68,500 due to Chichester taking a £50,000 Bounce Back Loan (BBL) however all other bodies of creditors had reduced to nil whilst over the same period liabilities to HMRC increased overall by £57,804 from £24,541 to £82,345 (including interest, penalties and CIS). After last set of accounts for year ended 31 August 2019, £512,051 was paid to various parties including Mr Chandler receiving £152,345, whilst over the same period HMRC received a total of £28,286. 

This information is correct as at 21 / 12 / 2022

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