Workplace Giving UK, the defunct payroll giving agency, owes 18 employees an estimated total of £120,135 in terms of redundancy and notice pay, according to documents published yesterday.
Workplace Giving UK went into administration in December last year. The estimated statement of affairs, published on Companies House today, showed that as of the 5 January 2016, 18 individuals - including former founder and managing director Peter O’Hara - listed as “unsecured creditors”.
The report estimates that £120,135 was owed in total to former employees “in respect of statutory and enhanced redundancy and notice pay”.
The report also showed that Workplace Giving UK had intercompany loan debts at the time of its closure of £466,438. These loans took the form of £384,274 from Fundraising Initiatives Ltd and a further £82,163 from FIL’s holdings company.
According to the report, Workplace Giving UK was itself is “owed a total of £556,055 by other FI Group entities,” however “due to the insolvency of the group, the estimated value is nil”.
Workplace Giving UK also owed £491,689 to HM Revenue & Customs at the time of its going into administration. Of this total amount, £428,689 was owed in unpaid VAT.
Since August 2015, several other face-to-face and telephone fundraising agencies which made up the wider Fundraising Initiatives group have collapsed. Workplace Giving UK was the fifth of the group to enter administration.