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REGISTERED NUMBER: 12875189 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 13 SEPTEMBER 2020 TO 31 MAY 2021

FOR

FIFTY FOOT TALL LIMITED

FIFTY FOOT TALL LIMITED (REGISTERED NUMBER: 12875189)






CONTENTS OF THE FINANCIAL STATEMENTS
for the period 13 September 2020 to 31 May 2021




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


FIFTY FOOT TALL LIMITED

COMPANY INFORMATION
for the period 13 September 2020 to 31 May 2021







DIRECTORS: Mr N J Letchford
Mr A A Cabot





REGISTERED OFFICE: 19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD





REGISTERED NUMBER: 12875189 (England and Wales)





ACCOUNTANTS: Raffingers LLP
Chartered Certified Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

FIFTY FOOT TALL LIMITED (REGISTERED NUMBER: 12875189)

ABRIDGED BALANCE SHEET
31 May 2021

Notes £    £   
FIXED ASSETS
Tangible assets 4 1,759

CURRENT ASSETS
Debtors 56,688
Cash at bank 5,446
62,134
CREDITORS
Amounts falling due within one year 27,415
NET CURRENT ASSETS 34,719
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,478

CREDITORS
Amounts falling due after more than one year 36,458
NET ASSETS 20

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (80 )
20

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

FIFTY FOOT TALL LIMITED (REGISTERED NUMBER: 12875189)

ABRIDGED BALANCE SHEET - continued
31 May 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 31 May 2021 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 July 2022 and were signed on its behalf by:





Mr N J Letchford - Director


FIFTY FOOT TALL LIMITED (REGISTERED NUMBER: 12875189)

NOTES TO THE FINANCIAL STATEMENTS
for the period 13 September 2020 to 31 May 2021

1. STATUTORY INFORMATION

Fifty Foot Tall Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 20% on cost

Government grants and bounce back loans
Government grants, including non-monetary grants shall not be recognised until there is reasonable assurance that:
(a) the entity will comply with the conditions attaching to them; and
(b) the grants will be received.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

FIFTY FOOT TALL LIMITED (REGISTERED NUMBER: 12875189)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 13 September 2020 to 31 May 2021

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 2,199
At 31 May 2021 2,199
DEPRECIATION
Charge for period 440
At 31 May 2021 440
NET BOOK VALUE
At 31 May 2021 1,759

5. LOANS

An analysis of the maturity of loans is given below:

£   
Amounts falling due within one year or on demand:
Bank loans 7,292

Amounts falling due between one and two years:
Bank loans - 1-2 years 14,583

Amounts falling due between two and five years:
Bank loans - 2-5 years 21,875

6. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 43,750

7. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

At the balance sheet date the company was owed £12,450 by HND House Limited.

JSC House Limited and HND House Limited are connected by virtue of common control. The director has joint control over VLM House Limited.

During the year the company received £43,625 from HND House Limited, £47,000 from VLM House Limited and £46,841 from JSC House Limited.