Name: Stephen Campbell Tindall

Name: LT Services (Rye) Limited

Date of Birth: 7 / 7 / 1970

Date Order Starts: 30 / 1 / 2024

Disqualification Length: 5 Years 0 Month(s)

CRO Number: 08746124

Last Known Address: THE KINGS HEAD, , RYE HILL, , RYE, TN31 7NH

Conduct: LT Services (Rye) Limited On 08 May 2020, Stephen Campbell Tindall (“Mr Tindall”) allowed LT Services (Rye) Limited (“LT”) to make a Bounce Back Loan (“BBL”) application of £50,000 when he knew or ought to have known that LT was not entitled to the loan. Mr Tindall’s co-director made a wrongful declaration on the BBL application that LT was still trading as at 01 March 2020 and was trading at the time of the BBL application. As a result, LT received BBL funds of £50,000 that it was not entitled to and which was not used for the economic benefit of the company. In that: • The terms of the Coronavirus Bounce Back Loan Scheme (“BBL”) stated that the purpose of the loan was to provide economic benefit to the business and that to be eligible, a company should be engaged in trading or commercial activity at the date of the BBL application and carrying on business as at 01 March 2020. ? • LT’s professionally prepared accounts for year-end 31 October 2019 stated that the business and assets were being transferred to a connected company with effect from 01 November 2019. • On 08 May 2020 Mr Tindall’s co-director applied for a BBL of £50,000 on behalf of LT. As part of the BBL application, the applicant had to self-declare that the company was trading on 01 March 2020 and at the time of the BBL application. • On 11 May 2020, LT received BBL funds of £50,000 to which it was not entitled as it was not trading. The BBL funds were subsequently used to fund the trading activity of a connected company and not for the economic benefit of LT, contrary to the BBL terms and conditions. • Total liabilities at Liquidation amount to £364,655 of which £43,596 relates to the amount owed in respect of the BBL.? The Ship Inn (Dymchurch) Ltd On 11 May 2020, Stephen Campbell Tindall (“Mr Tindall”) allowed The Ship In (Dymchurch) Ltd (“The Ship Inn”) (to make a Bounce Back Loan (“BBL”) application of £50,000 when he knew or ought to have known that LT was not entitled to the loan. Mr Tindall’s co-director made a wrongful declaration on the BBL application that The Ship Inn was still trading as at 01 March 2020 and was trading at the time of the BBL application. As a result, The Ship Inn received BBL funds of £50,000 that it was not entitled to and which was not used for the economic benefit of the company. In that: • The terms of the Coronavirus Bounce Back Loan Scheme (“BBL”) stated that the purpose of the loan was to provide economic benefit to the business and that to be eligible, a company should be engaged in trading or commercial activity at the date of the BBL application and carrying on business as at 01 March 2020. ? • The Ship Inn’s professionally prepared accounts for year-end 31 October 2019 stated that the business and assets were being transferred to a connected company with effect from 01 November 2019. • On 08 May 2020 Mr Tindall’s co-director applied for a BBL of £50,000 on behalf of The Ship Inn. As part of the BBL application, the applicant had to self-declare that the company was trading on 01 March 2020 and at the time of the BBL application. • On 12 May 2020, The Ship Inn received BBL funds of £50,000? to which it was not entitled as it was not trading. The BBL funds were subsequently used to fund the trading activity of a connected company and not for the economic benefit of The Ship Inn, contrary to the BBL terms and conditions. • Total liabilities at Liquidation amount to £184,457 of which £42,546 relates to the amount owed in respect of the BBL.? 

This information is correct as at 10 / 1 / 2024

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