Name: Monisola Shoremekun

Name: Shoremekun Limited

Date of Birth: 22 / 4 / 1989

Date Order Starts: 18 / 11 / 2025

Disqualification Length: 10 Years  Month(s)

CRO Number: 11720637

Last Known Address: 113 Fretson Road,, , , , SHEFFIELD,, S2 1PB

Conduct: On 15 August 2020 Monisola Shoremekun (“Ms Shoremekun”), caused Shoremekun Ltd to breach the terms and conditions of the Bounce Back Loan (“BBL”) scheme by overstating its turnover on the BBL application, when Ms Shoremekun knew or ought to have known that Shoremekun Ltd was not entitled to a BBL of that amount. 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 1 January 2019 it is their estimated turnover from the date the business was started. • Shoremekun Ltd was incorporated on 10 December 2018 and the first income from trading was received on 28 December 2018. On 5 January 2020 Shoremekun Ltd filed accounts for the period 10 December 2018 to 31 December 2019 showing a turnover of £15,725. • On 15 August 2020, Ms Shoremekun applied for a BBL of £45,000 on behalf of Shoremekun Ltd declaring turnover of £180,000 • Shoremekun Ltd received BBL funds of £45,000 on 24 September 2020. • Based on the accounts to 31 December 2019 Shoremekun Ltd was entitled to BBL of no more than 25% of the turnover for the calendar year 2019 being at most £3,931 and therefore received BBL funds of £41,069 to which it was not entitled. • On 03 November 2023, Shoremekun Ltd entered Creditor’s Voluntary Liquidation with total liabilities of £49,087, of which £41,277 was owed in respect of the BBL. 

This information is correct as at 30 / 10 / 2025

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