Name: William John Impey

Name: FUEL ROCK CLUB LIMITED

Date of Birth: / /

Date Order Starts: 26 / 1 / 2024

Disqualification Length: 2 Years 6 Month(s)

CRO Number: 08682144

Last Known Address: 24 St. Fagans Court, , , , CARDIFF, CF5 4SP

Conduct: William John Impey (“Mr Impey”) allowed Fuel Rock Club Limited (“Fuel”) to trade to the detriment of HM Revenue and Customs from 08 October 2019 (when the Value Added Tax (“VAT”) for the VAT quarter ended 08/19 fell overdue for payment in full), to 14 September 2022 when Fuel entered into liquidation. Fuel submitted VAT returns for 6 consecutive VAT periods ended 08/19, 11/19, 02/20, 05/20, 08/20, 11/20 disclosing VAT liabilities of £40,270. Fuel submitted vat refund claims to HMRC for vat quarter ending 02/22 totalling £11,984. HMRC offset the VAT refund claims to the VAT quarters ended 02/19, 05/19 (£6,697), 11/19 (£759), 02/19, 11/19, 05/20, 08/20,11/20 (£4,528), Fuel submitted further to VAT returns for VAT quarters period ended 08/21 and 11/21 disclosing VAT liabilities of £37,959. No returns were submitted for VAT quarter periods ended 02/22 and 05/22 therefore HMRC raised assessments for £44,092 and £49,055 respectively. HMRC applied surcharges totalling £25,045. On 27 November 2019 Fuel made a payment of £2,000 towards their VAT liabilities which was allocated to VAT period 11/18. On 11 December 2019 Fuel made a payment of £2,378 towards their VAT liabilities. £1057 was allocated to VAT period 11/18 and £1320 was allocated to 02/19. On 06 October 2021 Fuel made a payment of £5,000 towards their VAT liabilities. £964 was allocated to VAT period 02/19, £1572 was allocated to VAT period 05/19, £1705 was allocated to VAT period 08/19 and £759 was allocated to VAT period 11/19. The oldest full VAT liability at liquidation was £11,368 for the VAT period ended 08/19 of which fell overdue for payment to HMRC on 08 October 2019. At liquidation VAT liabilities including surcharges payable to HMRC prior to the date of liquidation totalled at least £190,284. Different treatment At the date of liquidation, the total amount owed to unsecured creditors is £263,768 of which at least £190,284 is owed to HMRC in respect of VAT; Fuel’s bank account statements show between 1 June 2020 and 09 September 2022 the company account paid out £1,388,601. Bank analysis includes payments to employees, wholesalers and the window cleaner. Between 08 October 2019 and the date of liquidation £9,378 was paid to HMRC in respect of its VAT liabilities 

This information is correct as at 8 / 1 / 2024

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