TC09590 - [2025] UKFTT 00878 (TC)

Mrs Janet Walmsley, aged 64, is a director and 50% shareholder of RRP, having been appointed as director on 6 September 2021. Her husband, Stuart Walmsley, holds the remaining shares and was the sole director at the time of RRP’s incorporation in September 2019. Mrs Walmsley has a background in FCA and regulatory consultancy, with experience in payroll operations dating from 2016. We accept that she had, until around 9 April 2021, no knowledge of “supply chain fraud” and did not know that it was prevalent in the labour supply industry. Her evidence, which we accept, was that whilst she was aware that the “CIS” sector could be “risky” her role in regulatory compliance and consulting had not previously brought her into contact with “supply chain fraud”.

Mrs Walmsley stated that RRP was established as a small, family-run business, with a team she had previously managed in other payroll-related roles. She described RRP’s function as providing back-office payroll services, including processing timesheets, reconciling bank transactions, and liaising with recruitment agencies.