Twelve Thirty Eight Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 06195880 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2017

FOR

TWELVE THIRTY EIGHT LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Abridged Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTORS:

P M Overton

H M Thompson

SECRETARY:

P M Overton

REGISTERED OFFICE:

71 Seymour Road

St. Albans

Hertfordshire

AL3 5HN

REGISTERED NUMBER:

06195880 (England and Wales)

ACCOUNTANTS:

Novitt Harris & Co Limited

Chartered Accountants

Ver House

London Road

Markyate

Hertfordshire

AL3 8JP

The following reproduces the text of the report prepared for the directors and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Statement of Financial Position. Readers are cautioned that the Abridged Income

Statement and certain other primary statements and the Report of the Directors are not required to be filed with

the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Twelve Thirty Eight Limited for the year ended 30 April 2017 which comprise the Abridged

Income Statement, Abridged Statement of Financial Position and the related notes from the company's accounting

records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Twelve Thirty Eight Limited, as a body, in accordance with the terms of our engagement letter dated 14 May 2007. Our work has been undertaken solely to prepare for your approval the financial statements of Twelve Thirty Eight Limited and state those matters that we have agreed to state to the Board of Directors of Twelve Thirty Eight Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Twelve Thirty Eight Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Twelve Thirty Eight Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Twelve Thirty Eight Limited. You consider that Twelve Thirty Eight Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Twelve Thirty Eight Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Novitt Harris & Co Limited

Chartered Accountants

Ver House

London Road

Markyate

Hertfordshire

AL3 8JP

21 August 2017

FIXED ASSETS

Tangible assets

3

8,829

6,834

CURRENT ASSETS

Stocks

-

3,025

Debtors

29,883

32,912

Cash at bank

101,333

103,522

131,216

139,459

CREDITORS

Amounts falling due within one year

50,282

24,021

NET CURRENT ASSETS

80,934

115,438

TOTAL ASSETS LESS CURRENT LIABILITIES

89,763

122,272

PROVISIONS FOR LIABILITIES

1,674

1,253

NET ASSETS

88,089

121,019

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

87,989

120,919

SHAREHOLDERS' FUNDS

88,089

121,019

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 30 April 2017 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 on 18 August 2017 and were signed on its behalf by:

P M Overton - Director

H M Thompson - Director

1.	STATUTORY INFORMATION

Twelve Thirty Eight 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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 etc

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

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.

Deferred tax

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

sheet date.

3.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2016

39,551

Additions

6,731

At 30 April 2017

46,282

DEPRECIATION

At 1 May 2016

32,717

Charge for year

4,736

At 30 April 2017

37,453

NET BOOK VALUE

At 30 April 2017

8,829

At 30 April 2016

6,834

4.	ULTIMATE CONTROLLING PARTY

The controlling party is the board of directors.