TITANIUM MICRO-FASTENERS LIMITED

Company Registration Number:
06941992 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

TITANIUM MICRO-FASTENERS LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

TITANIUM MICRO-FASTENERS LIMITED

Company Information

for the Period Ended 30 June 2024




Director: Raymond James Butler
John Raymond Butler
Registered office: 5
Oakwood Rise
Exmouth
England
EX8 4PU
Company Registration Number: 06941992 (England and Wales)

TITANIUM MICRO-FASTENERS LIMITED

Directors' Report Period Ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal Activities

Provision of engineering consultancy services

Directors

The directors shown below have held office during the whole of the period from 01 July 2023 to 30 June 2024
Raymond James Butler
John Raymond Butler

This report was approved by the board of directors on 23 March 2025
And Signed On Behalf Of The Board By:

Name: John Raymond Butler
Status: Director

TITANIUM MICRO-FASTENERS LIMITED

Profit and Loss Account

for the Period Ended 30 June 2024


Notes

2024
£

2023
£
Turnover 59,200 0
Cost of sales ( 51,595 ) -
Gross Profit or (Loss) 7,605 0
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 2,262 ) ( 0 )
Other operating income 0 0
Operating Profit or (Loss) 5,343 0
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax 5,343 0
Tax on Profit ( 1,016 ) -
Profit or (Loss) for Period 4,327 0

The notes form part of these financial statements

TITANIUM MICRO-FASTENERS LIMITED

Balance sheet

As at 30 June 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 9,486 10,586
Total fixed assets: 9,486 10,586
Current assets
Debtors: 5 21,207 0
Cash at bank and in hand: 2,058 252
Total current assets: 23,265 252
Creditors: amounts falling due within one year: 6 ( 13,324 ) ( 1,864 )
Net current assets (liabilities): 9,941 ( 1,612 )
Total assets less current liabilities: 19,427 8,974
Total net assets (liabilities): 19,427 8,974

The notes form part of these financial statements

TITANIUM MICRO-FASTENERS LIMITED

Balance sheet continued

As at 30 June 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 19,425 8,972
Shareholders funds: 19,427 8,974

For the year ending 30 June 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.

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

This report was approved by the board of directors on 23 March 2025
And Signed On Behalf Of The Board By:

Name: John Raymond Butler
Status: Director

The notes form part of these financial statements

TITANIUM MICRO-FASTENERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

TITANIUM MICRO-FASTENERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 0

    Engineering consultant employed at customer site

TITANIUM MICRO-FASTENERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 3. Off balance sheet disclosure

    No

TITANIUM MICRO-FASTENERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Tangible assets

Plant & machinery Fixtures & fittings Motor vehicles Total
Cost £ £ £ £
At 01 July 2023 29,487 18,937 4,000 52,424
Additions 806 - - 806
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 30 June 2024 30,293 18,937 4,000 53,230
Depreciation
At 01 July 2023 22,476 15,462 3,900 41,838
Charge for year 1,262 626 18 1,906
On disposals - - - -
Other adjustments - - - -
At 30 June 2024 23,738 16,088 3,918 43,744
Net book value
At 30 June 2024 6,555 2,849 82 9,486
At 30 June 2023 7,011 3,475 100 10,586

TITANIUM MICRO-FASTENERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Debtors


2024
£

2023
£
Trade debtors 21,207 0
Total 21,207 0

Outstanding invoices remaining to be paid by our customers

TITANIUM MICRO-FASTENERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 11,460
Other creditors 1,864 1,864
Total 13,324 1,864

Trade creditor provides payroll services
Other creditor represent a remaining directors loan due for repayment

TITANIUM MICRO-FASTENERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

7.1. Loans to Directors

Name of director receiving advance or credit: Raymond James Butler
Description of the transaction:
Residual loan amount outstanding after purchase of truck
Balance at 01 July 2023 1,863
Balance at 30 June 2024 1,863

This loan is repayed in full in next accounting period