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Registration number: 14844492

1296 Ltd
Annual Report and Unaudited Filleted Financial Statements
for the Year Ended 31 May 2025

1296 Ltd

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 6

1296 Ltd

Company Information

Director | R Bou Aoun

Company secretary | R Bou Aoun

Registered office | 27 Old Gloucester Street London WC1N 3AX

Accountants | Burton Sweet Chartered accountants & business advisers Cooper House Lower Charlton Estate Shepton Mallet Somerset BA4 5QE

1296 Ltd

(Registration number: 14844492)
Balance Sheet
31 May 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 1,548 | 3,095
Current assets |  |  |
Cash at bank and in hand |  | 62,253 | 74,708
Creditors: Amounts falling due within one year | 5 | (62,745) | (74,993)
Net current liabilities |  | (492) | (285)
Net assets |  | 1,056 | 2,810
Capital and reserves |  |  |
Called up share capital |  | 1 | 1
Retained earnings |  | 1,055 | 2,809
Shareholders' funds |  | 1,056 | 2,810

1296 Ltd

(Registration number: 14844492)
Balance Sheet
31 May 2025

For the financial year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 17 February 2026

......................................... R Bou Aoun Company secretary and director

1296 Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 May 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
27 Old Gloucester Street
London
WC1N 3AX

These financial statements were authorised for issue by the director on 17 February 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

1296 Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 May 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office equipment | 33% on a straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 1).

1296 Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 May 2025

4 | Tangible assets

| Office equipment £ | Total £
Cost or valuation
At 1 June 2024 | 4,642 | 4,642
At 31 May 2025 | 4,642 | 4,642
Depreciation
At 1 June 2024 | 1,547 | 1,547
Charge for the year | 1,547 | 1,547
At 31 May 2025 | 3,094 | 3,094
Carrying amount
At 31 May 2025 | 1,548 | 1,548
At 31 May 2024 | 3,095 | 3,095

5 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Accruals and deferred income | 62,502 | 74,750
Other creditors | 243 | 243
| 62,745 | 74,993