2023-01-012023-12-312023-12-31false13081598TITAN MEDIA LTD2024-07-2673110iso4217:GBPxbrli:pure130815982023-01-01130815982023-12-31130815982023-01-012023-12-31130815982022-01-01130815982022-12-31130815982022-01-012022-12-3113081598bus:SmallEntities2023-01-012023-12-3113081598bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3113081598bus:FullAccounts2023-01-012023-12-3113081598bus:PrivateLimitedCompanyLtd2023-01-012023-12-3113081598core:WithinOneYear2023-12-3113081598core:AfterOneYear2023-12-3113081598core:WithinOneYear2022-12-3113081598core:AfterOneYear2022-12-3113081598core:ShareCapital2023-12-3113081598core:SharePremium2023-12-3113081598core:RevaluationReserve2023-12-3113081598core:OtherReservesSubtotal2023-12-3113081598core:RetainedEarningsAccumulatedLosses2023-12-3113081598core:ShareCapital2022-12-3113081598core:SharePremium2022-12-3113081598core:RevaluationReserve2022-12-3113081598core:OtherReservesSubtotal2022-12-3113081598core:RetainedEarningsAccumulatedLosses2022-12-3113081598core:LandBuildings2023-12-3113081598core:PlantMachinery2023-12-3113081598core:Vehicles2023-12-3113081598core:FurnitureFittings2023-12-3113081598core:OfficeEquipment2023-12-3113081598core:NetGoodwill2023-12-3113081598core:IntangibleAssetsOtherThanGoodwill2023-12-3113081598core:ListedExchangeTraded2023-12-3113081598core:UnlistedNon-exchangeTraded2023-12-3113081598core:LandBuildings2022-12-3113081598core:PlantMachinery2022-12-3113081598core:Vehicles2022-12-3113081598core:FurnitureFittings2022-12-3113081598core:OfficeEquipment2022-12-3113081598core:NetGoodwill2022-12-3113081598core:IntangibleAssetsOtherThanGoodwill2022-12-3113081598core:ListedExchangeTraded2022-12-3113081598core:UnlistedNon-exchangeTraded2022-12-3113081598core:LandBuildings2023-01-012023-12-3113081598core:PlantMachinery2023-01-012023-12-3113081598core:Vehicles2023-01-012023-12-3113081598core:FurnitureFittings2023-01-012023-12-3113081598core:OfficeEquipment2023-01-012023-12-3113081598core:NetGoodwill2023-01-012023-12-3113081598core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3113081598core:ListedExchangeTraded2023-01-012023-12-3113081598core:UnlistedNon-exchangeTraded2023-01-012023-12-3113081598core:MoreThanFiveYears2023-01-012023-12-3113081598core:Non-currentFinancialInstruments2023-12-3113081598core:Non-currentFinancialInstruments2022-12-3113081598dpl:CostSales2023-01-012023-12-3113081598dpl:DistributionCosts2023-01-012023-12-3113081598core:LandBuildings2023-01-012023-12-3113081598core:PlantMachinery2023-01-012023-12-3113081598core:Vehicles2023-01-012023-12-3113081598core:FurnitureFittings2023-01-012023-12-3113081598core:OfficeEquipment2023-01-012023-12-3113081598dpl:AdministrativeExpenses2023-01-012023-12-3113081598core:NetGoodwill2023-01-012023-12-3113081598core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3113081598dpl:GroupUndertakings2023-01-012023-12-3113081598dpl:ParticipatingInterests2023-01-012023-12-3113081598dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3113081598core:ListedExchangeTraded2023-01-012023-12-3113081598dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3113081598core:UnlistedNon-exchangeTraded2023-01-012023-12-3113081598dpl:CostSales2022-01-012022-12-3113081598dpl:DistributionCosts2022-01-012022-12-3113081598core:LandBuildings2022-01-012022-12-3113081598core:PlantMachinery2022-01-012022-12-3113081598core:Vehicles2022-01-012022-12-3113081598core:FurnitureFittings2022-01-012022-12-3113081598core:OfficeEquipment2022-01-012022-12-3113081598dpl:AdministrativeExpenses2022-01-012022-12-3113081598core:NetGoodwill2022-01-012022-12-3113081598core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3113081598dpl:GroupUndertakings2022-01-012022-12-3113081598dpl:ParticipatingInterests2022-01-012022-12-3113081598dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3113081598core:ListedExchangeTraded2022-01-012022-12-3113081598dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3113081598core:UnlistedNon-exchangeTraded2022-01-012022-12-3113081598core:NetGoodwill2023-12-3113081598core:IntangibleAssetsOtherThanGoodwill2023-12-3113081598core:LandBuildings2023-12-3113081598core:PlantMachinery2023-12-3113081598core:Vehicles2023-12-3113081598core:FurnitureFittings2023-12-3113081598core:OfficeEquipment2023-12-3113081598core:AfterOneYear2023-12-3113081598core:WithinOneYear2023-12-3113081598core:ListedExchangeTraded2023-12-3113081598core:UnlistedNon-exchangeTraded2023-12-3113081598core:ShareCapital2023-12-3113081598core:SharePremium2023-12-3113081598core:RevaluationReserve2023-12-3113081598core:OtherReservesSubtotal2023-12-3113081598core:RetainedEarningsAccumulatedLosses2023-12-3113081598core:NetGoodwill2022-12-3113081598core:IntangibleAssetsOtherThanGoodwill2022-12-3113081598core:LandBuildings2022-12-3113081598core:PlantMachinery2022-12-3113081598core:Vehicles2022-12-3113081598core:FurnitureFittings2022-12-3113081598core:OfficeEquipment2022-12-3113081598core:AfterOneYear2022-12-3113081598core:WithinOneYear2022-12-3113081598core:ListedExchangeTraded2022-12-3113081598core:UnlistedNon-exchangeTraded2022-12-3113081598core:ShareCapital2022-12-3113081598core:SharePremium2022-12-3113081598core:RevaluationReserve2022-12-3113081598core:OtherReservesSubtotal2022-12-3113081598core:RetainedEarningsAccumulatedLosses2022-12-3113081598core:NetGoodwill2022-01-0113081598core:IntangibleAssetsOtherThanGoodwill2022-01-0113081598core:LandBuildings2022-01-0113081598core:PlantMachinery2022-01-0113081598core:Vehicles2022-01-0113081598core:FurnitureFittings2022-01-0113081598core:OfficeEquipment2022-01-0113081598core:AfterOneYear2022-01-0113081598core:WithinOneYear2022-01-0113081598core:ListedExchangeTraded2022-01-0113081598core:UnlistedNon-exchangeTraded2022-01-0113081598core:ShareCapital2022-01-0113081598core:SharePremium2022-01-0113081598core:RevaluationReserve2022-01-0113081598core:OtherReservesSubtotal2022-01-0113081598core:RetainedEarningsAccumulatedLosses2022-01-0113081598core:AfterOneYear2023-01-012023-12-3113081598core:WithinOneYear2023-01-012023-12-3113081598core:Non-currentFinancialInstrumentscore:CostValuation2023-01-012023-12-3113081598core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-012023-12-3113081598core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-012023-12-3113081598core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-012023-12-3113081598core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-012023-12-3113081598core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-012023-12-3113081598core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3113081598core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3113081598core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3113081598core:Non-currentFinancialInstrumentscore:CostValuation2023-12-3113081598core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-12-3113081598core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-12-3113081598core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-12-3113081598core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-12-3113081598core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-12-3113081598core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-12-3113081598core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-12-3113081598core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-12-3113081598core:Non-currentFinancialInstrumentscore:CostValuation2022-12-3113081598core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-12-3113081598core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-12-3113081598core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-12-3113081598core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-12-3113081598core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-12-3113081598core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-12-3113081598core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-12-3113081598core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-12-3113081598bus:Director12023-01-012023-12-31

TITAN MEDIA LTD

Registered Number
13081598
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

TITAN MEDIA LTD
Company Information
for the year from 1 January 2023 to 31 December 2023

Director

KIRK, Luke

Registered Address

Unit 7b Riverside Business Park
Cambridge Road
Harlow
CM20 2HE

Registered Number

13081598 (England and Wales)
TITAN MEDIA LTD
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets37571,341
7571,341
Current assets
Debtors(16)257
Cash at bank and on hand2,4232,807
2,4073,064
Creditors amounts falling due within one year4(782)(465)
Net current assets (liabilities)1,6252,599
Total assets less current liabilities2,3823,940
Net assets2,3823,940
Capital and reserves
Profit and loss account2,3823,940
Shareholders' funds2,3823,940
The financial statements were approved and authorised for issue by the Director on 26 July 2024, and are signed on its behalf by:
KIRK, Luke
Director
Registered Company No. 13081598
TITAN MEDIA LTD
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
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.
Statement of compliance
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.
Revenue from sale of goods
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
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.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
2.Average number of employees

20232022
Average number of employees during the year00
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 January 231,7551,755
At 31 December 231,7551,755
Depreciation and impairment
At 01 January 23414414
Charge for year584584
At 31 December 23998998
Net book value
At 31 December 23757757
At 31 December 221,3411,341
4.Creditors: amounts due within one year

2023

2022

££
Taxation and social security462185
Accrued liabilities and deferred income320280
Total782465
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.