12:51 LIMITED

Company Registration Number:
11351241 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

12:51 LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

12:51 LIMITED

Company Information

for the Period Ended 31 May 2024




Registered office: 107
Upper Street
London
England
N1 1QN
Company Registration Number: 11351241 (England and Wales)

12:51 LIMITED

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 31,200 34,667
Tangible assets: 5 1,163 3,291
Total fixed assets: 32,363 37,958
Current assets
Stocks: 3,047 4,110
Debtors: 91,989 66,700
Cash at bank and in hand: 22,891 43,766
Total current assets: 117,927 114,576
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 280,836 ) ( 234,675 )
Net current assets (liabilities): ( 162,909 ) ( 120,099 )
Total assets less current liabilities: ( 130,546 ) ( 82,141 )
Creditors: amounts falling due after more than one year: ( 22,473 )
Total net assets (liabilities): ( 130,546 ) ( 104,614 )

The notes form part of these financial statements

12:51 LIMITED

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 22,575 22,575
Profit and loss account: ( 153,121 ) ( 127,189 )
Shareholders funds: ( 130,546 ) ( 104,614 )

For the year ending 31 May 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 8 May 2025
And Signed On Behalf Of The Board By:

Name: James Cochran
Status: Director

The notes form part of these financial statements

12:51 LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

12:51 LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 9 11

12:51 LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

12:51 LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 June 2023 52,000
    Additions 0
    Disposals (0)
    Revaluations 0
    Transfers 0
    At 31 May 2024 52,000
    Amortisation
    Amortisation at 01 June 2023 17,333
    Charge for year 3,467
    On disposals (0)
    Other adjustments 0
    Amortisation at 31 May 2024 20,800
    Net book value
    Net book value at 31 May 2024 31,200
    Net book value at 31 May 2023 34,667

12:51 LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Tangible Assets

Total
Cost £
At 01 June 2023 39,507
Additions 0
Disposals (0)
Revaluations 0
Transfers 0
At 31 May 2024 39,507
Depreciation
At 01 June 2023 36,216
Charge for year 2,128
On disposals (0)
Other adjustments 0
At 31 May 2024 38,344
Net book value
At 31 May 2024 1,163
At 31 May 2023 3,291