Thursday, July 7, 2011

Shock Report 1: Can the Party Really Be Over £600,000 in Debt?

For some time now it has been alleged that the party is far deeper in debt than BNP Head Office will admit to. This uncertainty has had a significant negative effect on the region particularly in terms of fund raising – with many once generous members and benefactors now refusing to contribute anything at all to central party funds and others going so far as to demand an independent investigation into the party’s financial affairs. We understand that the southwest region is not unique in this respect; all regions appear to be experiencing the same loss of confidence in the management of the party, particularly its finances. Rather than reassuring members, the few statements (and vague ones at that) issued by Head Office to the effect that “we are reducing debt” and that “the debt is manageable”, would only appear to have made matters worse, confirmed the view that the party is in a shockingly bad state of financial health and that it has “something to hide”.

As a consequence of which your regional management team recently commissioned an investigation into the scale of debt, the results of which – to be frank – are extremely worrying and would appear to contradict the “official sound bites” put out by Head Office.

For example: Whereas Head Office would have us believe that the party is currently around £250,000 in debt and that this debt is reducing, the actual evidence suggests that it is well over £600,000 and increasing!

But perhaps most disturbing of all is the inescapable conclusion that this debt has been accrued - not from political persecution - but from a combination of ineptitude, ignorance and arrogance – which is why, presumably, Head Office is apparently now doing its best to conceal or minimise the potentially lethal threat posed by this debt to the very existence of the party.

We have listed those creditors so far identified below, together with the amounts allegedly owed and creditor contact numbers (if applicable) should you wish to contact them to verify the alleged debt. Unfortunately it has to be recognised that there may well be other creditors out there of whom we know nothing yet, meaning that the real level of debt could be considerably higher than that detailed below – particularly bearing in mind ongoing court cases, which the party is deemed unlikely to win and interest on debts and unpaid court settlements. Either way the list does not make for pleasant reading.

£160,000 Adlorries (07934 666831) *
£120,000 “December Rebels” court case (n/a legal/government) **
£57,000 Royal Mail (n/a legal/government) ***
£50,000 Gilbert and Davies Solicitors (01938 552727)
£44,000 Romac Press 07732 425039
£26,000 HMRC (2009-2010) (n/a legal/government)
£25,000 Michaela Mackenzie unfair dismissal case (n/a legal/government)
£22,000 Clear Sound Alarms (02476 668 366)
£20,000 Spire Graphics (01246 865 271)
£20,000 Mark Collett court case (n/a legal/government)
£16,000 Newton Press (01325 300 212)
£8,500 TNT Delivert (n/a legal/government)
£8,500 Orange (n/a legal/government)
£8,000 Clear Channel (0161 888 1809)
£7,000 The Print Works (01788 560 675)
£7,000 David Hannan Bank Account (n/a legal/government)
£6,000 Clyde Business Services (0141 647 1112)
£4,000 Spectator Print Bangor) (02891 270 270)
£3,000 Mailroom (02890 666 5000)
£2,500 Contact Print Solutions (01455 821 967)
£2,000 Ulster PVC (02892 651 007)
£1,500 Colmark Transport Ltd (01543 274 236)

Notes:
* Head Office has previously indicated that because this company has now ceased trading that the debt is no longer payable. However a search of Company House records suggests that the company is still trading – meaning the debt is still payable.
** This debt was originally quoted as £90,000 – however we are reliably informed by one of the litigants that it now stands at £120,000 and increasing due to interest charges and further litigation arising from Head Office’s reluctance to settle court costs and awards.
*** The term (n/a legal/government) indicates that either the matter is still before the courts, money is owed to litigants legal teams, or is being prosecuted by a government agency.

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