Name: Kristyana Papa-Adams

Name: Papa's Adams Limited

Date of Birth: 9 / 8 / 1998

Date Order Starts: 25 / 9 / 2025

Disqualification Length: 9 Years  Month(s)

CRO Number: 09951427

Last Known Address: 126 High Street, , , , BROADSTAIRS, CT10 1JB

Conduct: Kristyana Papa-Adams (“Mrs Papa-Adams”) caused or allowed Papa Adams Ltd (“Papa”) to apply for a £48,750 government backed Bounce Back Loan (“BBL”), which was received by the company on the 02 June 2020, an amount to which it was not fully entitled, by allowing information to be provided to the lender which she knew or ought to have known was inaccurate. In that; • Under the BBL scheme, businesses could apply for a loan of between £2,000 and £50,000 subject to a maximum of up to 25% of its turnover for the calendar year 2019. The turnover figure was self-certified by the applicant. • Papa was incorporated on 14 January 2016. • Mrs Papa-Adam’s co-director applied for a BBL of £48,750 on behalf of Papa, and he declared an annual turnover for 2019 of £195,000 in the application. • The £48,750 BBL was paid into the company bank account on 02 June 2020. • Full accounts for the company for the period ended 31 January 2019 show that the annual turnover of the company was £36,851 • Full accounts for the company for the period ended 28 January 2020 show that the annual turnover of the company was £62,400 • By allowing the overstatement of the company’s turnover on its application for a BBL, Mrs Papa-Adams allowed Papa to obtain a larger BBL than it was entitled to. • At liquidation on 12 October 2023, £46,989 of the BBL remained outstanding. 

This information is correct as at 5 / 9 / 2025

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