Case details for Kunle Adeyinka IBIDUN

Name: Kunle Adeyinka IBIDUN

Name: ANDORRA PARKS CONSULTING LIMITED

Date of Birth: 4 / 3 / 1972

Date Order Starts: 17 / 8 / 2021

Disqualification Length: 4 Years 0 Month(s)

CRO Number: 06856304

Last Known Address: 1093 Evesham Road,, Astwood Bank,, , , REDDITCH,, B96 6EB

Conduct: Kunle Adeyinka Ibidun (“Mr Ibidun”) failed to ensure that the company met its financial commitments as regards to Corporation Tax (“CT”), Pay As You Earn/National Insurance Contribution (“PAYE/NIC”) and Value Added Tax (“VAT”) and caused the company to continue trading whilst withdrawing funds for the benefit of himself. As a result the company became unable to meet its financial commitments to HMRC as and when they became due at the latest from April 2017. In that: • A total liability was incurred for VAT, Income Tax/National Insurance Contributions and Corporation Tax resulting in a claim in the liquidation by HMRC of £95,908.73. • Financial statements for the year ending 31 March 2017 show £45,474 owing to HMRC and no other creditors. Included within current assets is the directors’ loan account (DLA) showing £32,522 due to the Company. • Financial statements for the year ending 31 March 2018 show £66,034 owing to HMRC and £150 owing to other creditors. Included within current assets is the DLA showing £34,860 due to the Company. • Financial statements for the years ending 31 March 2017 and 2018 show total turnover amounting to £224,730. • Analysis of the bank statements show £272,299.99 being paid out of the account in the period from 01 April 2017 to 09 January 2020. The bank statements show £16,159.01 being paid to HMRC in that period and a total of £247,320.98 being paid to him. • At liquidation the company had total liabilities of £100,169.82 of which HMRC was owed £95,908.73 and the DLA had increased to £180,855.50 which he has not repaid. 

This information is correct as at 29 / 7 / 2021



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