Name: Ismot Ara RUMA

Name: CAFE AVENUE LTD

Date of Birth: 10 / 1 / 1989

Date Order Starts: 15 / 12 / 2022

Disqualification Length: 6 Years 0 Month(s)

CRO Number: 11677589

Last Known Address: 52 Ellis Road,, , , , CLACTON-ON-SEA,, CO15 1EX

Conduct: Between 24 June 2020, the date a bounce back loan (BBL) is received and 05 August 2020, the date the BBL loan and pre-existing bank credit was expended, Ismot Ara Ruma (Ms Ruma) failed to ensure that Café Avenue Ltd (Café) maintained or preserved adequate accounting records or in the alternative failed to deliver up such records to the liquidator, in that: - • Café traded as an Indian restaurant from November 2018 to 7 March 2021 and she was the sole appointed director throughout. • On 24 June 2020 £50,000 was paid into Café’s bank account. At this date Café’s balance on its bank account increased to £72,922. • On 13 April 2021 wage records were delivered up to the Liquidator for the period 2019 to 2021. • On 22 November 2021 purchase invoices for the period November 2018 to December 2019 and weekly takings books for the period 07 October 2018 to 12 January 2020 were delivered up to the Liquidator. In the absence of adequate accounting records delivered up to the Liquidator for the period 24 June 2020 and 05 August 2020; • it has not been possible to verify if the £50,000 Bounce Back Loan (BBL) applied for on 23 June 2020 was utilised for the benefit of Cafe and in accordance with the Government’s terms and conditions of the Covid Support Measures. • On 25 June 2020, a payment totalling £20,000 is made to her bank account. It is not possible to verify the purpose of the payment and if this was legitimate expenditure of Café. • On 25 June 2020, £10,000 is paid to an unknown recipient. It is not possible verify the purpose of the payment and if this was legitimate expenditure of Café. • On 25 June 2020 a further £10,000 is paid to an individual. It is not possible verify the purpose of the payment and if this was legitimate expenditure of Café. • On 30 June 2020 a payment of £7,000 is made and on 01 July 2020 a payment of £3,000 is made, the recipients of which are unknown. It is not possible to verify the purpose of these payments and if this was legitimate expenditure of Café. • It is not possible to verify the purpose of the 9 cash withdrawals totalling £4,500 made between 29 June 2020 and 03 August 2020 and if this was legitimate expenditure of Café. 

This information is correct as at 25 / 11 / 2022

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