121TURNAROUND LTD

Company Registration Number:
08448909 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

121TURNAROUND LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

121TURNAROUND LTD

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 149,762 103,893
Total fixed assets: 149,762 103,893
Current assets
Debtors:   9,312 56,633
Cash at bank and in hand: 138,049 231,514
Total current assets: 147,361 288,147
Creditors: amounts falling due within one year:   (113,469) (131,350)
Net current assets (liabilities): 33,892 156,797
Total assets less current liabilities: 183,654 260,690
Creditors: amounts falling due after more than one year:   (113,438) (82,778)
Total net assets (liabilities): 70,216 177,912
Capital and reserves
Called up share capital: 102 102
Profit and loss account: 70,114 177,810
Shareholders funds: 70,216 177,912

The notes form part of these financial statements

121TURNAROUND LTD

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 January 2025
and signed on behalf of the board by:

Name: Mrs L J Harding
Status: Director

The notes form part of these financial statements

121TURNAROUND LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

121TURNAROUND LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

121TURNAROUND LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 159,320
Additions 74,563
At 31 March 2024 233,883
Depreciation
At 01 April 2023 55,427
Charge for year 28,694
At 31 March 2024 84,121
Net book value
At 31 March 2024 149,762
At 31 March 2023 103,893