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REGISTERED NUMBER: 05679770 (England and Wales)













120 Feet Limited

Unaudited Financial Statements

for the Year Ended 31 January 2024






120 Feet Limited (Registered number: 05679770)






Contents of the Financial Statements
for the year ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


120 Feet Limited

Company Information
for the year ended 31 January 2024







DIRECTORS: J M Kay
Mrs S H Kay





SECRETARY: J M Kay





REGISTERED OFFICE: Lymore Villa 162a London Road
Chesterton
Newcastle
Staffordshire
ST5 7JB





REGISTERED NUMBER: 05679770 (England and Wales)





ACCOUNTANTS: Slaters & Co Accountants
Lymore Villa
162a London Road
Chesterton
Newcastle
Staffordshire
ST5 7JB

120 Feet Limited (Registered number: 05679770)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 71,477 14,358

CURRENT ASSETS
Debtors 5 217,196 226,791
Cash at bank 547,546 740,590
764,742 967,381
CREDITORS
Amounts falling due within one year 6 372,139 471,095
NET CURRENT ASSETS 392,603 496,286
TOTAL ASSETS LESS CURRENT
LIABILITIES

464,080

510,644

PROVISIONS FOR LIABILITIES 2,727 2,727
NET ASSETS 461,353 507,917

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 461,351 507,915
SHAREHOLDERS' FUNDS 461,353 507,917

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

120 Feet Limited (Registered number: 05679770)

Balance Sheet - continued
31 January 2024


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

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 29 February 2024 and were signed on its behalf by:





J M Kay - Director


120 Feet Limited (Registered number: 05679770)

Notes to the Financial Statements
for the year ended 31 January 2024

1. STATUTORY INFORMATION

120 Feet 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.

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.

Turnover
Turnover represents net invoice value of goods / services provided, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 9 ) .

120 Feet Limited (Registered number: 05679770)

Notes to the Financial Statements - continued
for the year ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 February 2023 3,741 3,762 - 25,531 33,034
Additions 3,162 194 71,000 8,702 83,058
At 31 January 2024 6,903 3,956 71,000 34,233 116,092
DEPRECIATION
At 1 February 2023 1,460 3,246 - 13,970 18,676
Charge for year 1,361 143 17,750 6,685 25,939
At 31 January 2024 2,821 3,389 17,750 20,655 44,615
NET BOOK VALUE
At 31 January 2024 4,082 567 53,250 13,578 71,477
At 31 January 2023 2,281 516 - 11,561 14,358

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 210,068 222,189
Other debtors 7,128 4,602
217,196 226,791

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 22,673 29,180
Taxation and social security 124,490 176,916
Other creditors 224,976 264,999
372,139 471,095