2022-04-012023-03-312023-03-31false12043597TITAN GROUP LTD2023-09-0543210iso4217:GBPxbrli:pure120435972022-04-01120435972023-03-31120435972022-04-012023-03-31120435972021-04-01120435972022-03-31120435972021-04-012022-03-3112043597bus:SmallEntities2022-04-012023-03-3112043597bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3112043597bus:AbridgedAccounts2022-04-012023-03-3112043597bus:PrivateLimitedCompanyLtd2022-04-012023-03-3112043597core:WithinOneYear2023-03-3112043597core:AfterOneYear2023-03-3112043597core:WithinOneYear2022-03-3112043597core:AfterOneYear2022-03-3112043597core:ShareCapital2023-03-3112043597core:SharePremium2023-03-3112043597core:RevaluationReserve2023-03-3112043597core:OtherReservesSubtotal2023-03-3112043597core:RetainedEarningsAccumulatedLosses2023-03-3112043597core:ShareCapital2022-03-3112043597core:SharePremium2022-03-3112043597core:RevaluationReserve2022-03-3112043597core:OtherReservesSubtotal2022-03-3112043597core:RetainedEarningsAccumulatedLosses2022-03-3112043597core:LandBuildings2023-03-3112043597core:PlantMachinery2023-03-3112043597core:Vehicles2023-03-3112043597core:FurnitureFittings2023-03-3112043597core:OfficeEquipment2023-03-3112043597core:NetGoodwill2023-03-3112043597core:IntangibleAssetsOtherThanGoodwill2023-03-3112043597core:ListedExchangeTraded2023-03-3112043597core:UnlistedNon-exchangeTraded2023-03-3112043597core:LandBuildings2022-03-3112043597core:PlantMachinery2022-03-3112043597core:Vehicles2022-03-3112043597core:FurnitureFittings2022-03-3112043597core:OfficeEquipment2022-03-3112043597core:NetGoodwill2022-03-3112043597core:IntangibleAssetsOtherThanGoodwill2022-03-3112043597core:ListedExchangeTraded2022-03-3112043597core:UnlistedNon-exchangeTraded2022-03-3112043597core:LandBuildings2022-04-012023-03-3112043597core:PlantMachinery2022-04-012023-03-3112043597core:Vehicles2022-04-012023-03-3112043597core:FurnitureFittings2022-04-012023-03-3112043597core:OfficeEquipment2022-04-012023-03-3112043597core:NetGoodwill2022-04-012023-03-3112043597core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3112043597core:ListedExchangeTraded2022-04-012023-03-3112043597core:UnlistedNon-exchangeTraded2022-04-012023-03-3112043597core:MoreThanFiveYears2022-04-012023-03-3112043597core:Non-currentFinancialInstruments2023-03-3112043597core:Non-currentFinancialInstruments2022-03-3112043597dpl:CostSales2022-04-012023-03-3112043597dpl:DistributionCosts2022-04-012023-03-3112043597core:LandBuildings2022-04-012023-03-3112043597core:PlantMachinery2022-04-012023-03-3112043597core:Vehicles2022-04-012023-03-3112043597core:FurnitureFittings2022-04-012023-03-3112043597core:OfficeEquipment2022-04-012023-03-3112043597dpl:AdministrativeExpenses2022-04-012023-03-3112043597core:NetGoodwill2022-04-012023-03-3112043597core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3112043597dpl:GroupUndertakings2022-04-012023-03-3112043597dpl:ParticipatingInterests2022-04-012023-03-3112043597dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3112043597core:ListedExchangeTraded2022-04-012023-03-3112043597dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3112043597core:UnlistedNon-exchangeTraded2022-04-012023-03-3112043597dpl:CostSales2021-04-012022-03-3112043597dpl:DistributionCosts2021-04-012022-03-3112043597core:LandBuildings2021-04-012022-03-3112043597core:PlantMachinery2021-04-012022-03-3112043597core:Vehicles2021-04-012022-03-3112043597core:FurnitureFittings2021-04-012022-03-3112043597core:OfficeEquipment2021-04-012022-03-3112043597dpl:AdministrativeExpenses2021-04-012022-03-3112043597core:NetGoodwill2021-04-012022-03-3112043597core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3112043597dpl:GroupUndertakings2021-04-012022-03-3112043597dpl:ParticipatingInterests2021-04-012022-03-3112043597dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3112043597core:ListedExchangeTraded2021-04-012022-03-3112043597dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3112043597core:UnlistedNon-exchangeTraded2021-04-012022-03-3112043597core:NetGoodwill2023-03-3112043597core:IntangibleAssetsOtherThanGoodwill2023-03-3112043597core:LandBuildings2023-03-3112043597core:PlantMachinery2023-03-3112043597core:Vehicles2023-03-3112043597core:FurnitureFittings2023-03-3112043597core:OfficeEquipment2023-03-3112043597core:AfterOneYear2023-03-3112043597core:WithinOneYear2023-03-3112043597core:ListedExchangeTraded2023-03-3112043597core:UnlistedNon-exchangeTraded2023-03-3112043597core:ShareCapital2023-03-3112043597core:SharePremium2023-03-3112043597core:RevaluationReserve2023-03-3112043597core:OtherReservesSubtotal2023-03-3112043597core:RetainedEarningsAccumulatedLosses2023-03-3112043597core:NetGoodwill2022-03-3112043597core:IntangibleAssetsOtherThanGoodwill2022-03-3112043597core:LandBuildings2022-03-3112043597core:PlantMachinery2022-03-3112043597core:Vehicles2022-03-3112043597core:FurnitureFittings2022-03-3112043597core:OfficeEquipment2022-03-3112043597core:AfterOneYear2022-03-3112043597core:WithinOneYear2022-03-3112043597core:Liste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TITAN GROUP LTD

Registered Number
12043597
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

TITAN GROUP LTD
Company Information
for the year from 1 April 2022 to 31 March 2023

Directors

CLEMENTS, Stuart Brian Stephen
RICE, Jonathan Paul

Registered Address

181-183 Station Lane
Hornchurch
RM12 6LL

Registered Number

12043597 (England and Wales)
TITAN GROUP LTD
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets520,9369,527
20,9369,527
Current assets
Debtors135,73748,729
Cash at bank and on hand19,83416,853
155,57165,582
Creditors amounts falling due within one year(72,037)(31,034)
Net current assets (liabilities)83,53434,548
Total assets less current liabilities104,47044,075
Net assets104,47044,075
Capital and reserves
Called up share capital22
Profit and loss account104,46844,073
Shareholders' funds104,47044,075
The financial statements were approved and authorised for issue by the Board of Directors on 5 September 2023, and are signed on its behalf by:
CLEMENTS, Stuart Brian Stephen
Director
RICE, Jonathan Paul
Director

Registered Company No. 12043597
TITAN GROUP LTD
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery25
Vehicles25
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
4.Employee information

20232022
Average number of employees during the year52
5.Property, plant and equipment

Total

£
Cost or valuation
At 01 April 2212,703
Additions18,387
At 31 March 2331,090
Depreciation and impairment
At 01 April 223,176
Charge for year6,978
At 31 March 2310,154
Net book value
At 31 March 2320,936
At 31 March 229,527