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SHOCKER - Julie Meyer's Ariadne expenses published: Unpaid Staff, shareholders & HMRC take note...

By Tom Winnifrith | Friday 18 May 2018


On Christmas Eve 2014 while many of us prepared for Midnight Mass and to celebrate the birth of the good Lord Jesus, devout Christian Julie Meyer MBE had other things to do - her second visit in four days to the Ann Summers sex shop. There is nothing wrong in this except that Julie then put the bill (£48) on her Ariadne Capital expenses insisting that the purchase was "on company business". Cripes I guess Ariadne did more than I had imagined. The Winnileaks service means I have three months of Julie's expenses which I publish below and which will shock all stakeholders and all readers at ever level.

The scale of Meyer's expense claims is mind blowing. And the idea that these claims relate to only genuine work expenses is laughable. The spa treatments, the £182 hair cuts, the cosmetics purchases, the sex shop purchases, the eating out (on Christmas Day and Boxing day) the purchase of food clearly for home usage as routine, the multiple lingerie buys it is all in there. 

The vanity and consumerism of Meyer is almost distasteful as you consider her purchases detailed below. Perhaps Ms Meyer has misinterpreted the word of the lord, Samuel 16 verse 7 ( King James Version natch)

But the Lord said unto Samuel, Look not on his countenance, or on the height of his stature; because I have refused him: for the Lord seeth not as man seeth; for man looketh on the outward appearance, but the Lord looketh on the heart.

Indeed. Praise be the Lord.

Three stakeholders will have an interest in these claims:

1. Ex staff - throughout this period staff and contractors were not being paid on time if at all. And they were wondering where the cash was going....

2. Shareholders in Ariadne Capital Limited (now in administration). Were they told about Julie's expenses arrangement? I have contacted one who say that he was not. Given the 100% wipeout they have suffered might they feel miffed. If these claims are typical as I believe they are then over 15 years £3,000 a month on funding Julie's lifestyle adds up to c£500,000. Ouch.

3. HMRC. Unless these expenses have been declared to the taxman, this is tax fraud plain and simple. These claims are largely not for the benefit of the company but purely personal expenses and thus must be treated as a benefit in kind for tax purposes. Thus these benefits in kind - of perhaps up to £500,000 over the years - should have been declared to The HMRC or possibly, since Julie is an American citizen, to the IRS and tax - at Julie's marginal rate which I assume is 40% or 45% in some years - should be payable. So we are talking more than £200,000. And of course in "paying" Julie in this way Ariadne (sole director Julie Meyer) was avoiding paying employers NI.

Of course this could all have been declared to the HMRC but just in case it was not  I have passed on the documents below requesting that the taxman launch ANOTHER investigation into Julie Meyer MBE
As she reads this I am sure that devout Christian Julie Meyer immediately finds herself thinking of Romans 13, 6-7 (King James Version natch)

For for this cause pay ye tribute also: for they are God’s ministers, attending continually upon this very thing. Render therefore to all their dues: tribute to whom tribute is due; custom to whom custom; fear to whom fear; honour to whom honour.

Praise be the Lord.


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