Name: Ankita  Bedrekar

Name: METRO HOUSE PROPERTY BEDFORD LTD

Date of Birth: 25 / 9 / 1983

Date Order Starts: 18 / 8 / 2026

Disqualification Length: 8 Years 0 Month(s)

CRO Number: 10871694

Last Known Address: AD Astra, Langley Park Road, , , IVER, SL0 0JQ

Conduct: On 10 June 2020, Mrs Bedrekar applied for and obtained a Government-backed Bounce Back Loan (‘BBL’) of £50,000 on behalf of Metro House Property Bedford Ltd (‘Bedford’) by providing false or knowingly inaccurate information regarding Bedford’s actual turnover for the calendar year 2019, which only entitled it to £35,295 in BBL funding and therefore caused it to obtain £14,705 in excess of what it was entitled to. In addition, Mrs Bedrekar has failed to evidence that the BBL funds were used for the economic benefit of Bedford, as required under the terms and conditions of the BBL scheme, 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 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 01 January 2019 the 25% limit was to be applied to the estimated turnover from the date the business started. • Bedford was incorporated on 18 July 2017 and Mrs Bedrekar has stated that it commenced trading immediately. • Bedford filed accounts for the years ended 31 July 2019 and 31 July 2020, unabridged versions of which disclose turnover of, respectively, £141,178 and £125,747. • As Bedford was already trading as at 01 January 2019 it was not permitted to estimate its annual income for the BBL application. • On 10 June 2020, at which date she was the sole signatory on the company’s digital bank account, Mrs Bedrekar applied to the company’s digital bank for a BBL and overstated Bedford’s turnover by claiming it was £200,100 and requested the maximum BBL of £50,000. • Based on the turnover shown by Bedford’s accounts for the year ended 31 July 2019, Bedford was eligible for a BBL of a maximum of £35,295. The turnover figure therefore provided by Mrs Bedrekar in the BBL application was false or knowingly inaccurate. • On 11 June 2020, a BBL of £50,000 was paid into Bedford’s account with the digital bank. • The terms of the BBL scheme stated that the BBL was to be used only for the economic benefit of the business, used wholly for business purposes and not personal purposes. • The same day as the BBL was received into Bedford’s current account an amount of £50,000 was transferred into the Company’s savings account with the same digital bank. • On 02 November 2020, £118,521.42, being the entire balance on Bedford’s savings account, was transferred to a connected company and was labelled on the bank statement as “Property Purchase”. • Mrs Bedrekar has been a director and person with significant control of the connected company since it was incorporated on 29 June 2020. • Mrs Bedrekar has stated that the connected company was the “buyer entity” and that the purpose of this transfer was to buy property. Mrs Bedrekar has confirmed that the purchase did not proceed. • Mrs Bedrekar has not provided any evidence that the transfer to the connected company, containing the minimum £31,181.11 of BBL monies, was made for the economic benefit of Bedford. • Bedford made repayments totalling £7,098.88 against the loan such that the digital bank was owed £44,781.45, inclusive of interest, as at the date that the Company went into liquidation 

This information is correct as at 29 / 7 / 2026

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