Name: John PATTERSON

Name: OCEAN TRAWL GRIMSBY LIMITED

Date of Birth: 9 / 1 / 1969

Date Order Starts: 10 / 2 / 2023

Disqualification Length: 5 Years 0 Month(s)

CRO Number: 09235228

Last Known Address: 8 Winter Gardens Close, , , , CLEETHORPES, DN35 0AT

Conduct: On 14 January 2021, Ocean Trawl Grimsby Limited (“Ocean”) received £50,000 from a Bounce Back Loan (BBL). John Patterson (“Mr Patterson”) caused Ocean to use monies totalling at least £14,023 for his personal benefit, contrary to the terms of the BBL scheme in that: Ocean obtained a £50,000 BBL on 14 January 2021, resulting in a credit balance of £62,149 on its bank account; On 19 January 2021, £17,633 was paid to a supplier for the benefit of Mr Patterson’s sole trader business of which at least £14,023 was from BBL monies; Ocean entered Voluntary Liquidation on 23 August 2021 with liabilities totalling £533,864, of which £50,117 related to a BBL 

This information is correct as at 26 / 1 / 2023

Name: OCEAN TRAWL GRIMSBY LIMITED

Date of Birth: 6 / 1 / 1966

Date Order Starts: 10 / 1 / 2023

Disqualification Length: 7 Years 0 Month(s)

CRO Number: 09235228

Last Known Address: 2 Barbican Way,, New Waltham,, , , GRIMSBY,, DN36 4YN

Conduct: Sharon Patterson (“Mrs Patterson”) caused or allowed Ocean Trawl Grimsby Limited (“Ocean”) to submit inaccurate Company Tax returns to HM Revenue & Customs (“HMRC”) in that: On 01 February 2019, HMRC wrote to Ocean to confirm that they were commencing a check of the Company’s tax return for the period ending 30/09/2017; On 19 July 2019, HMRC wrote to Ocean stating that enquiries to date had established that there were inaccuracies in the Company tax return for the accounting period ending 30/09/2017, and for this reason HMRC were now considering the position in previous accounting periods; On 06 March 2020, HMRC informed Ocean that, due to inaccuracies in the Company’s tax return for the period ending 30/09/2017, they were now checking the Company Tax Return for the period ending 30/09/2018; HMRC wrote to Ocean on 15 July 2020 informing them that their investigation had established that additional tax was due, and providing a breakdown of the figures used for the adjustments to the figures contained in the company’s tax returns for the accounting periods ended 30/09/2015 to 30/09/2018; HMRC’s letter dated 15 July 2020 noted that HMRC believed that Ocean’s trading profits had been understated, and that the directors of the company had been the beneficiaries of these understatements; Ocean’s accountant subsequently responded to HMRC providing information relating to the adjustments in their letter of 15 July 2020; On 12 October 2020, HMRC wrote to Ocean with revised adjustments following the representations from the company’s accountant, noting that their investigation had noted inaccuracies in Ocean’s company tax returns, and that Corporation Tax totalling £85,575 was due on additional profits for the accounting periods ended 30/09/2015 through to 30/09/2018; HMRC’s letter of 12 October 2020 also noted that Corporation Tax totalling £135,752 was due on monies which ought to have been included in the Directors’ Loan Accounts for the accounting periods ended 30/09/2016 through to 30/09/2018; On 25 November 2020, Ocean’s accountant wrote to HMRC informing them that Mrs Patterson agreed to their conclusions and wished to move forwards to penalty discussions. On 01 December 2020, HMRC wrote to Ocean stating that they believed that the inaccuracies in the company tax returns were deliberate, and as such a penalty of £92,957 was being raised; Ocean entered Creditors Voluntarily Liquidation on 23 August 2021 with liabilities totalling £533,863, of which £483,746 related to HMRC’s claim in the Liquidation 

This information is correct as at 21 / 12 / 2022

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