IRIS Accounts Production v25.1.3.33 08742072 Board of Directors 1.11.23 31.10.24 31.10.24 false true false false true false Ordinary shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh087420722023-10-31087420722024-10-31087420722023-11-012024-10-31087420722022-10-31087420722022-11-012023-10-31087420722023-10-3108742072ns15:EnglandWales2023-11-012024-10-3108742072ns14:PoundSterling2023-11-012024-10-3108742072ns10:Director12023-11-012024-10-3108742072ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3108742072ns10:SmallEntities2023-11-012024-10-3108742072ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3108742072ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3108742072ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3108742072ns10:FullAccounts2023-11-012024-10-3108742072ns10:OrdinaryShareClass12023-11-012024-10-3108742072ns10:Director22023-11-012024-10-3108742072ns10:RegisteredOffice2023-11-012024-10-3108742072ns5:CurrentFinancialInstruments2024-10-3108742072ns5:CurrentFinancialInstruments2023-10-3108742072ns5:ShareCapital2024-10-3108742072ns5:ShareCapital2023-10-3108742072ns5:RetainedEarningsAccumulatedLosses2024-10-3108742072ns5:RetainedEarningsAccumulatedLosses2023-10-3108742072ns10:OrdinaryShareClass12024-10-3108742072ns5:RetainedEarningsAccumulatedLosses2023-10-3108742072ns5:RetainedEarningsAccumulatedLosses2023-11-012024-10-31
REGISTERED NUMBER: 08742072 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

TITAN'S (UK) LIMITED

TITAN'S (UK) LIMITED (REGISTERED NUMBER: 08742072)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TITAN'S (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: Mr G E Pica
Mr A F Phillips





REGISTERED OFFICE: Ground Floor Marlborough House
298 Regents Park Road
London
N3 2SZ





REGISTERED NUMBER: 08742072 (England and Wales)





ACCOUNTANTS: Fusion Accountancy Limited
Marlborough House
298 Regents Park Road
London
N3 2SZ

TITAN'S (UK) LIMITED (REGISTERED NUMBER: 08742072)

BALANCE SHEET
31 OCTOBER 2024

31.10.24 31.10.23
Notes £    £   
CURRENT ASSETS
Debtors 4 77 -
Cash at bank and in hand 16,646 32,269
16,723 32,269
CREDITORS
Amounts falling due within one year 5 7,092 21,083
NET CURRENT ASSETS 9,631 11,186
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,631

11,186

CAPITAL AND RESERVES
Called up share capital 6 10,000 10,000
Retained earnings 7 (369 ) 1,186
SHAREHOLDERS' FUNDS 9,631 11,186

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

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 June 2025 and were signed on its behalf by:





Mr G E Pica - Director


TITAN'S (UK) LIMITED (REGISTERED NUMBER: 08742072)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Titan's (UK) Limited 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.

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.

Taxation
Taxation for the year comprises current and deferred 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 or deferred 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Going concern disclosure
The directors have formed a judgement at the time of approving the Annual Financial Statements, that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason the directors have adopted the going concern basis in preparing the accounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
VAT 77 -

TITAN'S (UK) LIMITED (REGISTERED NUMBER: 08742072)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts - 15,294
Trade creditors 459 1,680
Corporation tax - 278
Director's current account 4,785 2,151
Accruals and deferred income 1,848 1,680
7,092 21,083

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
10,000 Ordinary shares £1 10,000 10,000

7. RESERVES
Retained
earnings
£   

At 1 November 2023 1,186
Deficit for the year (1,555 )
At 31 October 2024 (369 )

8. RELATED PARTY DISCLOSURES

At the balance sheet date, included within creditors due within one year, is an amount of £4,785 (2023 - £2,150) owed to the directors. This loan is interest free, of no fixed term and repayable on demand.

The controlling parties are the company directors by virtue of their shareholdings.

9. TAXATION

At the year end, the company has carried forward losses of £1,555 which it can use against future taxable profits.