Name: Dean BRIGGS

Name: DJPB Limited

Date of Birth: 26 / 7 / 1983

Date Order Starts: 28 / 12 / 2022

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 12345135

Last Known Address: 97 Richmond Park Road,, , , , DERBY,, DE22 4PL

Conduct: On 14 May 2020 Dean Briggs (“Mr Briggs”) caused DJPB Limited (“DJPB”) to make a false Bounce back loan (“BBL”) application of £20,000 on behalf of DJPB by overstating DJPB’s estimated turnover. He caused DJPB to make a payment of £19,900 of the BBL funds which was not for the economic benefit of DJPB thus breaching the conditions of the bounce back loan scheme. • Under the Bounce Back Loan scheme businesses could apply for a loan of between £2,000 and £50,000 subject to a maximum of up to 25% of turnover. The turnover figure was self-certified by the applicant. The turnover figure required was that for the calendar year 2019 or where a business was established after 1 January 2019 it is their estimated turnover. The bounce back loan funds should only be used for the economic benefit of the business. • DJPB was incorporated on 03 December 2019. • DJPB had one customer who between 24 January 2020 and 07 May 2020 paid DJPB an average of £640 per week, totalling £14,078 during the period and giving an extrapolated turnover of £33,275 for the year. Financial accounts for year ending 31 December 2020 show actual turnover of £41,842 which would result in a BBL entitlement of £10,460. • On 14 May 2020 he applied for a BBL on behalf of DJPB declaring its estimated turnover to be £80,000. He should have known that the turnover figure of £80,000 was overstated as at the time of the BBL application DJPB had one customer who paid a regular amount to DJPB each week. The overstatement meant that DJPB received BBL funds of £9,540 to which it was not entitled. • On 16 May 2020 the balance on DJPB’s bank account was £6 in credit. On 17 May 2020 the BBL of £20,000 was paid into DJPB’s bank account, increasing the account balance to £20,006. Between 17 May 2020 and 03 July 2020 DJPB’s customer paid £6,868 into the account and £6,874 was paid to him leaving a bank balance of £20,000. On 06 July 2020 a payment of £19,900 was made from the account. There is no evidence that this payment was for the economic benefit of DJPB. • At liquidation DJPB had declared liabilities of £27,140 which include £20,000 in respect of the BBL. 

This information is correct as at 8 / 12 / 2022

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