Name: Anjuman Ara BEGUM

Name: S&A SPICE LIMITED T/A The Royal Ashoka

Date of Birth: 18 / 10 / 1981

Date Order Starts: 29 / 3 / 2024

Disqualification Length: 11 Years 0 Month(s)

CRO Number: 12116344

Last Known Address: Shiloh,, Swindon Lane,, Swindon Village,, , CHELTENHAM,, GL51 9QG

Conduct: Anjuman Ara BEGUM (“Ms Begum”) caused S&A Spice Limited (“S&A”) to apply for a Bounce Back Loan (“BBL”) of £37,000 which it was not eligible for and did not use the BBL for the economic benefit of S&A in that : The BBL scheme permitted a loan of up to 25% of a business’ turnover in the calendar year 2019, or estimated turnover if the business had been established after 01 January 2019. These funds were to be used for the economic benefit of the company. S&A was incorporated on 22 July 2019. S&A’s bank statements for the 6 ½ month period from 18 September 2019 to 31 March 2020 indicate trading income of £55,613 for that period and an estimated £100,000 turnover for the year. On 4 May 2020, S&A applied to the bank for a Bounce Back loan of £37,000 stating that the turnover was £150,000. The Bounce Back Loan scheme permitted a loan of up to 25% of turnover meaning that the sum that S&A was entitled to was in the region of £25,000 based on turnover of £100,000. The sum of £37,000, representing the BBL, was received into S&A’s bank account on 5 May 2020. The balance of the account on 5 May 2020, before the receipt of BBL, was £2,512 Between 05 May 2020 to 15 May 2020, S&A received income of £2,304 Between 14 May 2020 and 15 May 2020 three payments totalling £36,000 were made to a connected individual, There is no evidence that these payments totalling £36,000 were for the economic benefit of S&A. On 13 October 2020, S&A was dissolved at which time the BBL of £37,000 remained outstanding Ms Begum caused S&A Spice Limited (“S&A”) to be dissolved and struck off the register in breach of the requirements of the Companies Act 2006 and when the BBL was outstanding. In that: On 21 July 2020 Ms Begum signed a notice of application that S&A be struck off the register and dissolved; The application included a declaration that none of the circumstances described in sections 1004 and 1005 of the Companies Act 2006 applied; One of these provisions is that dissolution is not permitted where a company has engaged in any activity (save for exceptions which did not apply) in the 3 months prior to the application; The BBL application was made on 4 May 2020, which was within 3 months of the dissolution application, and the proceeds were disbursed in the period to 11 to 14 May 2020; Companies House guidance for voluntary Strike-Off applications summarises the requirement of s1006 Companies Act 2006 (“CA06”): “The directors who make the application must, within 7 days of sending the application to the registrar, send a copy to:”…“creditors, including all existing and likely creditors such as:”…”Banks”, adding, “This must be done within 7 days of the person becoming one of these”. On 21 July 2020 Ms Begum signed a DS01 application in order to have the Company struck off and dissolved. This was filed at Companies House on 22 July 2020. S&A was dissolved on 13 October 2020. 

This information is correct as at 13 / 3 / 2024

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