Name: MERT AKBAS

Name: Tipitip Cafe Sandwich Bar Ltd

Date of Birth: 6 / 11 / 1991

Date Order Starts: 20 / 3 / 2024

Disqualification Length: 9 Years 0 Month(s)

CRO Number: 11284393

Last Known Address: 96 High Street,, , , , BROADSTAIRS,, CT10 1JB

Conduct: Mert Akbas (‘Mr Akbas’) caused Tipitip Cafe Sandwich Bar Ltd (‘TCSB’) to breach the terms and conditions of the bounce back loan (BBL) scheme by overstating its turnover on the BBL application resulting in TCSB receiving more funds from the BBL scheme than it was entitled to, in that; A company could apply for a BBL of up to 25% of its turnover for either the 2019 calendar year or, if it started to trade on or after 01 January 2019, it could estimate its turnover for the calendar year from the date when it started to trade. TCSB was incorporated on 29 March 2018. Annual accounts, agreed by Mr Akbas on 10 July 2020, for the years ending 31 March 2019 and 31 March 2020 record turnover of £85,628 and £80,686 respectively. On 23 August 2020, Mr Akbas breached the terms and conditions of the BBL scheme by applying for a BBL of £50,000 and self-certifying that TCSB had a turnover of £220,000 during the 2019 calendar year. On 23 September 2020, TCSB received a BBL of £50,000. Based on TCSB’s 31 March 2019 accounts, this was at least £28,593 more than it was entitled to. TCSB entered creditors voluntary liquidation on 22 September 2022. Total liabilities at liquidation amounted to £95,888, of which £48,162 was owed in respect of the BBL. 

This information is correct as at 29 / 2 / 2024

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