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Registered Number: 13758261
England and Wales

 

 

 


Report of the Director and Unaudited Financial Statements

for the year ended 30 November 2023

for

TITAN INVESTMENT HOLDINGS LTD

 
 
 
£
2023
£
   
£
2022
£
Fixed assets 313,638  314,521 
Current assets 46,629  45,554 
Creditors: amount falling due within one year (139,518) (142,639)
Net current assets (92,889) (97,085)
Total assets less current liabilities 220,749  217,436 
Creditors: amount falling due after more than one year (221,233) (221,250)
Net assets (484) (3,814)
 
Capital and reserves (484) (3,814)
 
  1. For the year ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the companies act 2006.
  3. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


----------------------------------
Matthew Donald
Director

Date approved: 15 August 2024
1
Statutory Information
TITAN INVESTMENT HOLDINGS LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 13758261, registration address 28 Camrose Close, Morden, SM4 5DQ, United Kingdom.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery20 Reducing Balance
Fixtures and Fittings20 Reducing Balance
2.

Tangible fixed assets

Cost or Valuation Freehold property   Plant and Machinery   Fixtures and Fittings   Total
  £   £   £   £
At 01 December 2022 311,871    1,677    1,856    315,404 
Additions      
Disposals      
At 30 November 2023 311,871    1,677    1,856    315,404 
Depreciation
At 01 December 2022   419    464    883 
Charge for year   419    464    883 
On disposals      
At 30 November 2023   838    928    1,766 
Net book values
Closing balance as at 30 November 2023 311,871    839    928    313,638 
Opening balance as at 01 December 2022 311,871    1,258    1,392    314,521 

3.

Average number of employees

Average number of employees during the year was 1  (2022: 1).
2