TITUS SOLUTIONS LTD

Company Registration Number:
NI636281 (Northern Ireland)

Unaudited abridged accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

TITUS SOLUTIONS LTD

Contents of the Financial Statements

for the Period Ended 29 February 2024

Balance sheet
Notes

TITUS SOLUTIONS LTD

Balance sheet

As at 29 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 433,190 316,841
Total fixed assets: 433,190 316,841
Current assets
Stocks: 317,000 142,000
Debtors:   315,082 336,250
Cash at bank and in hand: 103,093 44,938
Total current assets: 735,175 523,188
Creditors: amounts falling due within one year:   (503,377) (402,832)
Net current assets (liabilities): 231,798 120,356
Total assets less current liabilities: 664,988 437,197
Creditors: amounts falling due after more than one year:   (388,388) (188,338)
Provision for liabilities: (12,516) (12,516)
Total net assets (liabilities): 264,084 236,343
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 264,083 236,342
Shareholders funds: 264,084 236,343

The notes form part of these financial statements

TITUS SOLUTIONS LTD

Balance sheet statements

For the year ending 29 February 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 November 2024
and signed on behalf of the board by:

Name: Simon Hewitt
Status: Director

The notes form part of these financial statements

TITUS SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TITUS SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

2. Employees

2024 2023
Average number of employees during the period 15 12

TITUS SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 513,180
Additions 295,458
Disposals (25,000)
At 29 February 2024 783,638
Depreciation
At 01 March 2023 196,339
Charge for year 160,359
On disposals (6,250)
At 29 February 2024 350,448
Net book value
At 29 February 2024 433,190
At 28 February 2023 316,841