Apologies for not getting back to you sooner, I experienced some temporary connection issues and could not get back on the site until now. All appears to be resolved now so I can continue dealing with your query.
According to the agreement it does indeed state that this is a 12 month agreement which is for a fixed period and can only be cancelled with notice given within 30 days of the end of that fixed period. So you are basically tied in for a year. There would have been no obligation on them to specifically point this out to you, as long as they did not try and claim anything different. As a business you would have been expected to read the document and be satisfied with its contents before you agreed to it.
Therefore, unless you can shoe that they have acted in breach of contract somehow, you would be the one in breach by trying to terminate it early and not in accordance with the termination provisions.
Whilst there is nothing stopping them from pursuing this further by making a small claim court claim against you, you can point out that this would be a pointless exercise as you are overdrawn and have no money and assets to satisfy their claim so they will just be wasting their time and money pursuing you as they won’t get anything back and will simply incur further costs. Whether they do claim is up to them but legally you are likely to be in breach by terminating early.
I hope this has answered your query. I would be grateful if you could please take a second to leave a positive rating (3, 4 or 5 stars) as that is an important part of our process and recognises the time I have spent assisting you. If you need me to clarify anything before you go - please get back to me on here and I will assist further as best as I can. Thank you