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REGISTERED NUMBER: 11635142 (England and Wales)















Report of the Directors and


Abridged Financial Statements for the Year Ended 31 October 2024

for

Titan Risk Management Ltd

Titan Risk Management Ltd (Registered number: 11635142)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Report of the Directors 2

Abridged Balance Sheet 3

Notes to the Financial Statements 5


Titan Risk Management Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTORS: S McHardy
L Warner
M Roberts





REGISTERED OFFICE: Unit15 (1) C Springfield Mills
Bagley Lane
Farsley
Pudsey
West Yorkshire
LS28 5LY





REGISTERED NUMBER: 11635142 (England and Wales)





ACCOUNTANTS: TH Accounting Solutions
Suite 3
Turner Business Centre
Greengate
Middleton
Greater Manchester
M24 1RU

Titan Risk Management Ltd (Registered number: 11635142)

Report of the Directors
for the Year Ended 31 October 2024

The directors present their report with the financial statements of the company for the year ended 31 October 2024.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 November 2023 to the date of this report.

S McHardy
L Warner
M Roberts

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





S McHardy - Director


11 July 2025

Titan Risk Management Ltd (Registered number: 11635142)

Abridged Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 180,382 230,428

CURRENT ASSETS
Debtors 452,023 423,726
Cash at bank 54,174 245,249
506,197 668,975
CREDITORS
Amounts falling due within one year 502,075 624,207
NET CURRENT ASSETS 4,122 44,768
TOTAL ASSETS LESS CURRENT
LIABILITIES

184,504

275,196

CREDITORS
Amounts falling due after more than one
year

398,781

249,636
NET (LIABILITIES)/ASSETS (214,277 ) 25,560

CAPITAL AND RESERVES
Called up share capital 5 100 100
Retained earnings (214,377 ) 25,460
SHAREHOLDERS' FUNDS (214,277 ) 25,560

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.

Titan Risk Management Ltd (Registered number: 11635142)

Abridged Balance Sheet - continued
31 October 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 11 July 2025 and were signed on its behalf by:




S McHardy - Director



L Warner - Director


Titan Risk Management Ltd (Registered number: 11635142)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Titan Risk Management Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 273 (2023 - 286 ) .

Titan Risk Management Ltd (Registered number: 11635142)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2023 326,009
Additions 12,587
At 31 October 2024 338,596
DEPRECIATION
At 1 November 2023 95,581
Charge for year 62,633
At 31 October 2024 158,214
NET BOOK VALUE
At 31 October 2024 180,382
At 31 October 2023 230,428

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
100 Ordinary 1 100 100

6. RELATED PARTY DISCLOSURES

The company is under the control of the director by his shareholding.