Muhammad Ibrar ASLAM

Disqualified from

2022-08-01

Date of birth on record

October 1987

As the sole director of Chicken Bar Blackley Ltd (“Chicken Bar”), Mr Muhammad Aslam (“Mr Aslam”) failed to ensure that adequate accounting records were maintained or preserved by Chicken Bar for the period from his appointment on 1 June 2017 to liquidation on 1 December 2020, or that adequate records were delivered up to the liquidators upon request. Due to the absence of adequate records for this period, it has not been possible to verify the income, expenditure, assets or liabilities of Chicken Bar, or ascertain whether the annual financial statements to 31 May 2018 approved by Mr Aslam on 28 February 2019 were accurate, in that: • Mr Aslam was asked by the liquidators in a letter dated 3 December 2020 to arrange for Chicken Bar’s books and records to be delivered up. Mr Aslam replied on 14 December 2020 that “I have nothing else.” The liquidators have confirmed that they have not received any records from Mr Aslam. Chicken Bar’s former accountant has provided a copy of Chicken Bar’s nominal ledgers for the year ending 31 May 2018. No records at all are available from 1 June 2018 onwards. • It has not been possible to determine whether Chicken Bar ought to have been registered for VAT and if so, what its VAT liabilities were. Information held by HM Revenue & Customs indicates that in the year ending 31 May 2018, Chicken Bar turned over at least £124,927 via online intermediary and card sales. The VAT registration threshold during this period was £85,000 but Chicken Bar was not registered for VAT at any time and no payments were made to HM Revenue & Customs in respect of VAT. The nominal ledgers and annual financial statements for the year ending 31 May 2018 indicate that Chicken Bar’s turnover was £72,407 inclusive of online intermediary, card, and cash sales. In addition to potential unpaid VAT, the accuracy of the profit and loss account and therefore taxable profits cannot be confirmed. Information held by HM Revenue & Customs also indicates that between 1 July 2018 and 31 August 2018, Chicken Bar turned over a further £15,935 via online intermediary sales. No information is held for June 2018 or September 2018 and no information about in-person cash sales or cash expenditure besides year end journal entries is held for any period. There are no adequate payroll records and only one payment to HM Revenue & Customs was made, on 6 November 2018. It therefore isn’t possible to determine whether the correct tax treatment was applied to payments made to employees or whether there is any outstanding PAYE/NIC liabilities due to HMRC. It is not possible to identify Chicken Bar’s suppliers and therefore it cannot be confirmed that transactions identified as purchases in the ledgers, or various payments to third parties not listed in the payroll ledger, were in fact for the benefit of Chicken Bar, nor is it possible to ascertain whether there are any further creditors or any debtors.