Disciplinary outcome: Stephen Adderley

Order by consent

In the matter of

Stephen Adderley MAAT

Membership number

10130790

Date

26 March 2024

Misconduct

Stephen Adderley's conduct was found to be in breach of the Code of Professional Ethics and to have posed a risk to the public and/or undermine public confidence in the Association and its members as follows:

  1. Between on or around 19 July 2021 to November 2023, he provided self-employed accountancy or related services to the public whilst not licensed or approved to provide such services whilst subject to an exemption.

Finding

Grounds for disciplinary action existed and the matter was suitable for exercise of the Investigations Team's powers under the Disciplinary Regulations.

Order

Stephen Adderley is hereby:

  1. Severely reprimanded for a period of two years
  2. Fined £1,000
  3. Deemed ineligible to hold fellow member status for a period of two years
  4. Warned about his future conduct.
     

Consent

Stephen Adderley passively consented to the decision of the Investigations Team in accordance with Regulation 5.3 of the Disciplinary Regulations 2024.