Posted on 04/21/2022 3:24:54 PM PDT by Trillian
A trendy pay-as-you-feel restaurant chain allegedly traded while insolvent for years and underpaid employees by nearly $400,000.
Lentil as Anything, a popular group of eateries in Sydney and Melbourne that lets customers choose what they pay, survived the pandemic thanks to nearly $400k in GoFundMe donations but an accounting firm alleged it went under a year earlier.
Worrells sent a recent report to creditors detailing the mismanagement of the company, which alleged Lentil as Anything was 'likely insolvent' as far back as June, 2019, the Syndey Morning Herald reported.
'It is our preliminary position that the company was likely insolvent from at least 30 June, 2019, and likely earlier,' the Worrells report said.
The social enterprise was celebrated for its ingenuity and charity, with founder and former banker Shanaka Fernando claiming just 30 per cent of its meals were paid for.
'Our restaurants have no set prices. Everyone is welcome to come for a meal and pay-as-they-feel: through a financial contribution or volunteering,' the company's mantra reads.
'All leave with the feeling that they are part of an inclusive community.'
The accounting firm say employees were owed at least $110,000 when Lentil as Anything crashed, with a further $258,491 in superannuation.
It said creditors were owed up to $600,000 - but said there is little chance they will see the money.
Trading while insolvent can be a civil or criminal offence.
The report found 'material deficiencies' in record keeping which 'render the books and records in their current state insufficient to enable true and fair financial statements to be prepared and audited.' This is also a possible offence.
(Excerpt) Read more at dailymail.co.uk ...
Vegan: Cherokee for can’t hunt.
5.56mm
2/3 of the granola blue hairs skipped out on their meals.
Same people who demand YOU pay for their self mutilation.
Same people who demand YOU pay their student loans.
Same people who demand YOU eat the shoplifter’s premium.
Same people who demand YOU eat the high gas prices.
Seeing a pattern here?
yup
LOL. It's nice (?), however, to see this kind of idiocy isn't confined to the U.S.
So one third of vegans are dead beats.🤔
😏
What do vegan “restaurants” use for a kitchen anyway, a solar-powered hay baler?
Ah I misunderstood the headline,2/3s of vegans are dead beats.😋
That’s a better ratio than I would have expected.
You’d think people would learn something from history:
A much better world back then 😞
(So one third of vegans are dead beats.🤔)
So one third of vegans are dead beets.🤔
Perhaps that is the root of the problem?
😜
And what would that lesson be?
The majority of humans are lazy, greedy SOBs that will take as much as they can without any regard to community?
Remember that place where they paid every person regardless of job $70k per year? Went belly up in less than a year after that. The Left trumpeted it all over social media as wonderful - not a peep when the place crashed and burned, of course.
I would do the same if it wasn’t vegan.
The only nice thing I can say about him is that he’s stayed with the same woman for a long time.
Australian soup kitchen goes Bust when bums don’t pay.
LOL. Spectacular lesson in capitalism, or rather the opposite of capitalism.
Lets see, I can have a free meal or not have a free meal. Hmm... decisions, decisions.
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