Name: Kate Weller

Name: EVENTS AND PARTY LIMITED

Date of Birth: 21 / 7 / 1990

Date Order Starts: 8 / 5 / 2025

Disqualification Length: 10 years Years 0 Month(s)

CRO Number: 11499044

Last Known Address: 1 Edenbrook Place, , , , Blindley Heath, RH7 6AT

Conduct: 1. On 29 June 2020 Miss Kate Weller (‘Miss Weller’) applied for and obtained a Government-backed Bounce Back Loan (‘BBL’) of £50,000 for Events And Party Ltd (‘Events’) by providing false or knowingly inaccurate information regarding Events’ projected turnover, thereby causing it to obtain at least £42,854 in BBL funding to which it was not entitled. In that: • The BBL scheme permitted a loan of up to 25% of a business’ turnover in the calendar year 2019 (or estimated annual turnover from the date it commenced trading if it had been established after 01 January 2019), to a maximum of £50,000; • KSL was incorporated on 03 August 2018 but filed dormant accounts for the initial period to 31 August 2019; • Miss Weller has been unable to state the date on which Events commenced to trade, save for estimating that it was in 2019; • Events opened a bank account and the first transaction on the account occurred on 12 June 2019; • Bank statements for Events’ account plc show trading receipts of £28,582 in the period from 12 June 2019 to 12 June 2020; • Trading accounts filed by the Company, for the financial years ended 31 August 2020 and 2021, respectively show “turnover” of £23,900 and “other income” of £19,167; • Taking, as the basis of the calculation the calendar year figure from the bank statements, Events was entitled to a BBL of no more than £7,146; • On 29 June 2020 Miss Weller completed an application form for a BBL from Events’ bank, self-certifying that its projected turnover was £200,000 and requesting a loan of £50,000. • The BBL was received on 30 June 2020; • Events therefore obtained at least £42,854 in BBL funding to which it was not entitled; • At the liquidation date £41,076 remained outstanding in respect of the BBL. 2. Miss Weller failed to ensure that the proceeds of the loan were used in their entirety for the economic benefit of the business as required under the terms of the BBL scheme. In that: • A BBL was only intended to be used for the economic benefit of the applicant’s business. • The BBL was paid into Events’ account on 30 June 2020. • Immediately before the BBL was received the balance on the bank account was £13.89Cr. • The only net receipts into Events’ account between 30 June 2020 and 29 August 2020 were sums totalling £3,333.32 received from HMRC. • Between 02 July 2020 and 29 August 2020 Events made a series of payments to Miss Weller, totalling £49,997. • The payments were labelled “Miss Kate Weller Wages” in Events’ bank statements. • In the same period Miss Weller also received the further sum of £3,333.32, equivalent to the amount received from HMRC. • In the prior period from 12 June 2019 to 28 March 2020, payments to Miss Weller from Events totalled £15,430.89. • In the Statement of Affairs that Miss Weller prepared for Events she declared the Bank was owed £50,000, in respect of the BBL. 

This information is correct as at 25 / 4 / 2025

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