IRIS Accounts Production v24.2.0.383 07959312 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh079593122023-03-31079593122024-03-31079593122023-04-012024-03-31079593122022-03-31079593122022-04-012023-03-31079593122023-03-3107959312ns15:EnglandWales2023-04-012024-03-3107959312ns14:PoundSterling2023-04-012024-03-3107959312ns10:Director12023-04-012024-03-3107959312ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3107959312ns10:SmallEntities2023-04-012024-03-3107959312ns10:AuditExemptWithAccountantsReport2023-04-012024-03-3107959312ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3107959312ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3107959312ns10:FullAccounts2023-04-012024-03-310795931212023-04-012024-03-3107959312ns10:Director22023-04-012024-03-3107959312ns10:RegisteredOffice2023-04-012024-03-3107959312ns5:CurrentFinancialInstruments2024-03-3107959312ns5:CurrentFinancialInstruments2023-03-3107959312ns5:ShareCapital2024-03-3107959312ns5:ShareCapital2023-03-3107959312ns5:RetainedEarningsAccumulatedLosses2024-03-3107959312ns5:RetainedEarningsAccumulatedLosses2023-03-3107959312ns5:NetGoodwill2023-04-012024-03-3107959312ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3107959312ns5:PlantMachinery2023-04-012024-03-3107959312ns5:ComputerEquipment2023-04-012024-03-3107959312ns5:NetGoodwill2023-03-3107959312ns5:NetGoodwill2024-03-3107959312ns5:NetGoodwill2023-03-3107959312ns5:PlantMachinery2023-03-3107959312ns5:ComputerEquipment2023-03-3107959312ns5:PlantMachinery2024-03-3107959312ns5:ComputerEquipment2024-03-3107959312ns5:PlantMachinery2023-03-3107959312ns5:ComputerEquipment2023-03-3107959312ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3107959312ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31079593121ns10:Director12023-03-31079593121ns10:Director12022-03-31079593121ns10:Director12023-04-012024-03-31079593121ns10:Director12022-04-012023-03-31079593121ns10:Director12024-03-31079593121ns10:Director12023-03-3107959312ns10:Director222023-03-3107959312ns10:Director222022-03-3107959312ns10:Director222023-04-012024-03-3107959312ns10:Director222022-04-012023-03-3107959312ns10:Director222024-03-3107959312ns10:Director222023-03-31
REGISTERED NUMBER: 07959312 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Titan Media Close Protection Ltd

Titan Media Close Protection Ltd (Registered number: 07959312)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Titan Media Close Protection Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr S Butler
Mr M J Timmons





REGISTERED OFFICE: 3 Berrymoor Court
Northumberland Bus Park
Cramlington
Northumberland
NE23 7RZ





REGISTERED NUMBER: 07959312 (England and Wales)





ACCOUNTANTS: AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ

Titan Media Close Protection Ltd (Registered number: 07959312)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 6,564 7,722
6,564 7,722

CURRENT ASSETS
Debtors 6 2,793 9,854
Cash at bank 27,681 72,308
30,474 82,162
CREDITORS
Amounts falling due within one year 7 24,298 86,939
NET CURRENT ASSETS/(LIABILITIES) 6,176 (4,777 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,740

2,945

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 12,738 2,943
SHAREHOLDERS' FUNDS 12,740 2,945

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Titan Media Close Protection Ltd (Registered number: 07959312)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 September 2024 and were signed on its behalf by:





Mr S Butler - Director


Titan Media Close Protection Ltd (Registered number: 07959312)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Titan Media Close Protection Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Computer equipment - 15% on reducing balance

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Titan Media Close Protection Ltd (Registered number: 07959312)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 April 2023
and 31 March 2024 20,000
AMORTISATION
At 1 April 2023
and 31 March 2024 20,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£ £ £
COST
At 1 April 2023
and 31 March 2024 31,026 4,633 35,659
DEPRECIATION
At 1 April 2023 24,691 3,246 27,937
Charge for year 950 208 1,158
At 31 March 2024 25,641 3,454 29,095
NET BOOK VALUE
At 31 March 2024 5,385 1,179 6,564
At 31 March 2023 6,335 1,387 7,722

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£ £
Directors' loan accounts - 8,630
VAT 784 -
Prepayments 2,009 1,224
2,793 9,854

Titan Media Close Protection Ltd (Registered number: 07959312)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£ £
Trade creditors - 252
Tax 14,357 10,128
Social security and other taxes 123 -
VAT - 9,462
Directors' loan accounts 8,878 66,143
Accruals and deferred income 940 954
24,298 86,939

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£ £
Mr S Butler
Balance outstanding at start of year 8,630 3,673
Amounts advanced 27,188 8,957
Amounts repaid (38,734 ) (4,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,916 ) 8,630

Mr M J Timmons
Balance outstanding at start of year (66,143 ) 4,063
Amounts advanced 110,241 -
Amounts repaid (50,060 ) (70,206 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (5,962 ) (66,143 )

Titan Media Close Protection Ltd

Report of the Accountants to the Directors of
Titan Media Close Protection Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on pages one to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ


5 September 2024