Company Registration No. 14110982 (England and Wales)
Titan Elysian Ltd
Unaudited accounts
for the year ended 31 May 2024
Titan Elysian Ltd
Unaudited accounts
Contents
Titan Elysian Ltd
Company Information
for the year ended 31 May 2024
Company Number
14110982 (England and Wales)
Registered Office
Taggs Barn
Denhill Farm
Chipstable
Taunton
Somerset
TA4 2PY
England
Titan Elysian Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
8,019
1,329
Cash at bank and in hand
809
7,155
Creditors: amounts falling due within one year
(7,967)
(2,685)
Net current (liabilities)/assets
(7,158)
4,470
Profit and loss account
859
5,797
Shareholders' funds
861
5,799
For the year ending 31 May 2024 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 February 2025 and were signed on its behalf by
Lauren Crabb
Director
Company Registration No. 14110982
Titan Elysian Ltd
Notes to the Accounts
for the year ended 31 May 2024
Titan Elysian Ltd is a private company, limited by shares, registered in England and Wales, registration number 14110982. The registered office is Taggs Barn, Denhill Farm, Chipstable, Taunton, Somerset, TA4 2PY, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2023
1,620
-
1,620
At 31 May 2024
2,070
8,000
10,070
Charge for the year
320
1,440
1,760
At 31 May 2024
611
1,440
2,051
At 31 May 2024
1,459
6,560
8,019
At 31 May 2023
1,329
-
1,329
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Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
2,185
Loans from directors
467
-
Titan Elysian Ltd
Notes to the Accounts
for the year ended 31 May 2024
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Average number of employees
During the year the average number of employees was 2 (2023: 2).