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Company Registration No. 08799881 (England and Wales)
Titus Learning Ltd. Unaudited accounts for the year ended 31 December 2024
Titus Learning Ltd. Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Titus Learning Ltd. Company Information for the year ended 31 December 2024
Directors
Sebastian Francis Michael Bennett
Company Number
08799881 (England and Wales)
Registered Office
SALTS MILL VICTORIA ROAD SALTAIRE WEST YORKSHIRE BD18 3LA
Accountants
Sleek Accounting Ltd 4th Floor 205 Regent Street London W1B 4HB
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Titus Learning Ltd. Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3
164,824 
69,437 
Current assets
Debtors
4
1,578,412 
503,724 
Cash at bank and in hand
217,673 
1,179,736 
1,796,085 
1,683,460 
Creditors: amounts falling due within one year
5
(1,071,543)
(1,190,449)
Net current assets
724,542 
493,011 
Total assets less current liabilities
889,366 
562,448 
Creditors: amounts falling due after more than one year
6
(87,137)
(23,982)
Net assets
802,229 
538,466 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
802,129 
538,366 
Shareholders' funds
802,229 
538,466 
For the year ending 31 December 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 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 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 of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by
Sebastian Francis Director Company Registration No. 08799881
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Titus Learning Ltd. Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Titus Learning Ltd. is a private company, limited by shares, registered in England and Wales, registration number 08799881. The registered office is SALTS MILL, VICTORIA ROAD, SALTAIRE, WEST YORKSHIRE, BD18 3LA.
2
Accounting policies
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.
Basis of preparation
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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The accounting policies have been applied consistently; no new policies have been adopted. These financial statements have been prepared on a standalone company basis which is consistent with the prior year.
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:
Motor vehicles
20% Straight Line
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods supplied or services rendered, net of returns, discounts and value added taxes. Turnover is recognised when (a) the significant risks and rewards of ownership have been transferred to the buyer; (b) the company retains no continuing involvement or control over the goods; (c) the amount of turnover can be measured reliably; (d) it is probable that future economic benefits will flow to the entity and (e) when the specific criteria relating to each of the company's sales channels have been met.
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Titus Learning Ltd. Notes to the Accounts for the year ended 31 December 2024
3
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2024
521 
47,900 
9,482 
128,771 
186,674 
Additions
- 
110,990 
7,720 
6,836 
125,546 
Disposals
- 
- 
- 
(35,836)
(35,836)
At 31 December 2024
521 
158,890 
17,202 
99,771 
276,384 
Depreciation
At 1 January 2024
521 
22,353 
5,153 
89,210 
117,237 
Charge for the year
- 
11,975 
4,301 
13,883 
30,159 
On disposals
- 
- 
- 
(35,836)
(35,836)
At 31 December 2024
521 
34,328 
9,454 
67,257 
111,560 
Net book value
At 31 December 2024
- 
124,562 
7,748 
32,514 
164,824 
At 31 December 2023
- 
25,547 
4,329 
39,561 
69,437 
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,100,716 
409,353 
Amounts due from group undertakings etc.
205,638 
- 
Accrued income and prepayments
157,263 
67,333 
Other debtors
114,795 
27,038 
1,578,412 
503,724 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
23,799 
54,090 
Obligations under finance leases and hire purchase contracts
23,852 
29,103 
Trade creditors
242,114 
156,426 
Taxes and social security
363,197 
378,804 
Other creditors
418,581 
572,026 
1,071,543 
1,190,449 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
23,982 
Obligations under finance leases and hire purchase contracts
87,137 
- 
87,137 
23,982 
- 6 -
Titus Learning Ltd. Notes to the Accounts for the year ended 31 December 2024
7
Transactions with related parties
The company is related to Hacien Ltd and to Seb Francis Investments Limited both by virtue of common shareholders and directors. The company has intercompany balances relating to transactions with both entities as set out in note 4. The debtors relate to loans repayable on demand, unsecured and free of interest.
8
Average number of employees
During the year the average number of employees was 36 (2023: 38).
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