Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-3144false2024-04-01falseNo description of principal activity97trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 02181904 2024-04-01 2024-12-31 02181904 2023-04-01 2024-03-31 02181904 2024-12-31 02181904 2024-03-31 02181904 c:Director1 2024-04-01 2024-12-31 02181904 c:Director2 2024-04-01 2024-12-31 02181904 c:Director3 2024-04-01 2024-12-31 02181904 c:RegisteredOffice 2024-04-01 2024-12-31 02181904 d:Buildings 2024-04-01 2024-12-31 02181904 d:Buildings 2024-12-31 02181904 d:Buildings 2024-03-31 02181904 d:Buildings d:OwnedOrFreeholdAssets 2024-04-01 2024-12-31 02181904 d:Buildings d:LongLeaseholdAssets 2024-04-01 2024-12-31 02181904 d:PlantMachinery 2024-04-01 2024-12-31 02181904 d:PlantMachinery 2024-12-31 02181904 d:PlantMachinery 2024-03-31 02181904 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2024-12-31 02181904 d:MotorVehicles 2024-04-01 2024-12-31 02181904 d:FurnitureFittings 2024-04-01 2024-12-31 02181904 d:OwnedOrFreeholdAssets 2024-04-01 2024-12-31 02181904 d:CurrentFinancialInstruments 2024-12-31 02181904 d:CurrentFinancialInstruments 2024-03-31 02181904 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 02181904 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 02181904 d:ShareCapital 2024-12-31 02181904 d:ShareCapital 2024-03-31 02181904 d:RetainedEarningsAccumulatedLosses 2024-12-31 02181904 d:RetainedEarningsAccumulatedLosses 2024-03-31 02181904 c:FRS102 2024-04-01 2024-12-31 02181904 c:AuditExempt-NoAccountantsReport 2024-04-01 2024-12-31 02181904 c:FullAccounts 2024-04-01 2024-12-31 02181904 c:PrivateLimitedCompanyLtd 2024-04-01 2024-12-31 02181904 e:PoundSterling 2024-04-01 2024-12-31 iso4217:GBP xbrli:pure
Company registration number: 02181904







UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
31 DECEMBER 2024


TITON PROPERTIES LIMITED






































img6f31.png                        

 


TITON PROPERTIES LIMITED
 


 
COMPANY INFORMATION


Directors
J S Bach 
J Wayling 
S R Chilton 




Registered number
02181904



Registered office
Unit 3.1D & Unit 3.1E Union Court
20-22 Union Road

London

SW4 6JP




Accountants
Menzies LLP
Chartered Accountants

Ashcombe House

5 The Crescent

Leatherhead

Surrey

KT22 8DY





 


TITON PROPERTIES LIMITED
 



CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 6


 


TITON PROPERTIES LIMITED
REGISTERED NUMBER:02181904



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

31 December
31 March
2024
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
234
11,462

  
234
11,462

Current assets
  

Debtors: amounts falling due within one year
 5 
933,424
19,004

Cash at bank and in hand
  
106,601
1,073,302

  
1,040,025
1,092,306

Creditors: amounts falling due within one year
 6 
(77,777)
(191,798)

Net current assets
  
 
 
962,248
 
 
900,508

Total assets less current liabilities
  
962,482
911,970

  

Net assets
  
962,482
911,970


Capital and reserves
  

Allotted, called up and fully paid share capital
  
100
100

Profit and loss account
  
962,382
911,870

  
962,482
911,970


Page 1

 


TITON PROPERTIES LIMITED
REGISTERED NUMBER:02181904


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




J S Bach
Director

Date: 12 June 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


TITON PROPERTIES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

1.


General information

Titon Properties Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is given in the Company information page of these financial statements.

During the period, the accounting reference date of the Company was changed from 31 March to 31 December in order to align with other group companies. In the current  year, the accounts are presented for a nine month period and are therefore the results are not directly comparable.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

The revenue shown in the Statement of Income and retained Earnings represents amounts receivable for cleaning services provided during the year in the normal course of business, net of trade discounts, VAT and other sales and related taxes.

  
2.3

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 


TITON PROPERTIES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Long-term leasehold property
-
33%
on cost
Motor vehicles
-
25%
on cost
Fixtures and fittings
-
25%
Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the period was 44 (Year ended 31 March 2024 - 97)

Page 4

 


TITON PROPERTIES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

4.


Tangible fixed assets







Freehold property
Plant and machinery
Total

£
£
£



Cost or valuation


At 1 April 2024
4,851
27,944
32,795


Disposals
-
(14,899)
(14,899)



At 31 December 2024

4,851
13,045
17,896



Depreciation


At 1 April 2024
4,851
16,482
21,333


Charge for the period on owned assets
-
54
54


Disposals
-
(3,725)
(3,725)



At 31 December 2024

4,851
12,811
17,662



Net book value



At 31 December 2024
-
234
234



At 31 March 2024
-
11,462
11,462


5.


Debtors

31 December
31 March
2024
2024
£
£


Trade debtors
7,032
15,354

Amounts owed by group undertakings
920,041
-

Other debtors
3,650
3,650

Deferred taxation
2,701
-

933,424
19,004


Page 5

 


TITON PROPERTIES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

6.


Creditors: Amounts falling due within one year

31 December
31 March
2024
2024
£
£

Trade creditors
4,815
1,586

Corporation tax
24,117
33,046

Other taxation and social security
29,874
35,850

Other creditors
363
98,285

Accruals and deferred income
18,608
23,031

77,777
191,798



7.


Related party transactions

Included within other creditors are the following transactions with former directors:


31 December
31 March
2024
2024
£
£

Balance outstanding at start of the period
-
98,285
Balance outstanding at end of the period
-
98,285

No interest has been charged on this balance, and it is repayable on demand.


8.


Controlling party

The ultimate controlling party is J S Bach.

 
Page 6