Thread: 'Baron' Castleshort Part III

I must admit that I am /was confused to the difference between Bankruptcy and having a company dissolved so I looked it up at Coy house
The IBA Ltd is registered under the latter
http://www.london-gazette.co.uk/issu...upplements/522 (Go to page 555 )
However, I understand the implications are never the less very serious if the rules have been broken.
I'm waiting for an Idiots guide type of explanation and will post it up ASAP

Spot on GGG,

As it states a legal requirement must be to supply proof of "International" "Association"trading under that name, would mean it did have jim shortts direct involvement.

And as such means as jim shortt was directly involved in that company then under the companies act 1985 & 2006 as it reads, requires jim shortt to file iba business trading accounts of everything he has done in the UK during the period of that iba company name being used.

It further means from reading the "Winding up of a company" link, the iba directors signed legal documents stating that company is no longer trading in the UK, of which by reasons of above jim shortt is directly involved in that iba company. So is not legally permitted to continue advertising on his iba websites training courses in UK or continue trading in the UK using the iba brand name.

It is my understanding from reading the companies house stuff, that when the iba directors sign those legal papers they are also signing to state in having the iba dissolved any and all iba money & assets become property of HM Revenue. This includes everything jim shortt has that was paid for by the iba in UK that has not already been declared to the taxman and the correct taxes paid.

It may well be that that they will show the iba in UK ran at a financial loss, but never the less it still has to be declared as they were trading. jim shortt will have to also show that if it was running at a loss, how was he funding to support himself during the same period as jim shortt was directly involved with that iba swindon company.

It would therefore appear that all it now needs is someone with slightly more balls than the Commons Fees Office to start sharpening pencils and heating the poker.

Interesting stuff ...

Originally Posted by blue-sophist

It would therefore appear that all it now needs is someone with slightly more balls than the Commons Fees Office to start sharpening pencils and heating the poker.

And a thorough understanding of Company Law. That rules me out.

I don't know if you know about the company dissolving laws, but as soon as a company director signs the paperwork that company is no longer trading under that name, that it if any trading under that same business name takes place then it is criminal fraud.
Mr Shortt had to be directly involved in the formation of that iba company, so by the same laws Mr Shortt can no longer trade in the UK using the iba brand name. **
The only legal way he could possibly find away around this, would be for him directly or someone else on his behalf by the iba name from companies house and register it as there business and then give Mr Shortt written permission to be able to use the iba name in his trading.

However, as Mr Shortt was clearly involved in the Swindon iba office & formation of that company name, then again criminal fraud has taken place if the taxman has not been paid his lawful dues by Mr Shortt iba trading in the UK.
When a company stops trading for whatever reason, the directors fill in & sing certain forms, this is legally required. On filling in the said forms & signing them then the said directors are making a legal declaration that any outstanding monies & assets will become property of the taxman.

That 3 month period in the gazette is a requirement, and it also gives anyone the chance to register a claim if they are owed money from that company. After the 3months which as you rightly say is coming up, then all money and assets of the iba company registered in UK will become the property of the taxman not Mr shortt.

** Swindon College any one?

Hold fire !!!!

Score so far... ARRSE = Loads......... Shortt = a big 1
( http://www.london-gazette.co.uk/issu...upplements/345 ) ( K ) = Documents supplied

If I'm corrrect... We feked up on this one.

You mean Duncan White submitted the necessary papers during the 3-month period?

OK - no big deal. A shame we can't laugh about that one, but in any case the rest of the IBA is still staining the Planet and taking the pi55.

Originally Posted by blue-sophist

You mean Duncan White submitted the necessary papers during the 3-month period?

OK - no big deal. A shame we can't laugh about that one, but in any case the rest of the IBA is still staining the Planet and taking the pi55.

Funny how none of us thought to check much earlyer

http://www.london-gazette.co.uk/issu...916989/start=1

Lesson learned. I'll bet Jimbo has been having a little chuckle over this one

At least, I suppose, the plus is that a record of accounts is now available publicly for scrutiny.

Glad to see this thread back up at last

Originally Posted by visitor

Glad to see this thread back up at last

I think it needs locking though, as part IV is up and running. (GCO?)

Before we go ...
Part IV is HERE ...

Got bored today and did a youtube search...

Found this : http://www.youtube.com/watch?v=5gQ0P...eature=related

Originally Posted by Romeo_47

Got bored today and did a youtube search...

Found this : http://www.youtube.com/watch?v=5gQ0P...eature=related

Cough!! http://www.arrse.co.uk/Forums/viewtopic/t=124516.html
Moving on.

Kind of on topic, I think this is one where avid ARRSErs can assist me. PLease move this if it needs to be placed elsewhere.

A guy who I was at Sandhurst with (in fact one of my best mates) has got married - nothing strange in that I hear you say.

He got married in uniform. Again nothing too odd. (I know this from the wedding photos popping up all over - shudders - facebook).

BUT, my last conversations with him (nearly a year ago), had him telling me he got out of the Army a few years after commissioning (a few years ago), but having done some stuff for them since (data work for recruiting).

I have checked the Gazette (surely not the b-all) and he was moved to Regular board of Reserves the year he left the army - as a Lieutenant.

He is in uniform at his wedding as a Major.

Can anyone help me with this conundrum - I don't think he is TA, he obviously wouldn't promote on the board of reserves (and there is no list of him doing so at any rate), so is he bluffing his case?

He was a bit of a bluffer, but I would not have put him in this league (or more correctly, potential league - it may be kosher).

HELP!!

Needless to say, PM me and I can give some more info if required, but a surefire way of checking (I can't contact him, less for the evil facebook) would be good.