Написать время по английски двенадцать часов сорок минут

It is twenty to one.

Jannie: Good afternoon, Ann. What are you doing?

Ann: Good afternoon, Jannie. I am sitting and watching an interesting movie with my brother. What are you doing?

Jannie: Ann, I am waiting with anxiety for our tomorrow competition. I can not wait. I am afraid of losing.

Ann: Calm down, please Jannie. Why are you starting to worry now? It is twenty to one. We have much time. Such a long time. Sit and relax or come to my place and join us. We shall be very glad.

Jannie: What a good idea. I shall come. Thank you very much.