Company No: 15453642 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	31.01.2025
		£
Current assets
Debtors	3	7,278
Cash at bank and in hand		19
		7,297
Creditors: amounts falling due within one year	4	( 192,406)
Net current liabilities		(185,109)
Total assets less current liabilities		(185,109)
Net liabilities		( 185,109)
Capital and reserves
Called-up share capital	5	100
Profit and loss account		( 185,209 )
Total shareholder's deficit		( 185,109)

For the financial period ending 31 January 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Titan Modular Designs Limited (registered number: 15453642) were approved and authorised for issue by the Director on 02 October 2025. They were signed on its behalf by:

E A Wilton Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Titan Modular Designs Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 20-22 Wenlock Road, London, N1 7GU, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The director notes that the business has net liabilities of £185,109. The Company is supported through loans from investors. The director has confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the investor will continue to support the Company. Given the current position, the director believes that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

Reporting period length is 12 months and 2 days being the date of incorporation until the period end.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Finance costs

Finance costs are charged to the Profit and Loss Account over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

	Period from 30.01.2024 to 31.01.2025
	Number
Monthly average number of persons employed by the Company during the period, including the director	1

3. Debtors

	31.01.2025
	£
Amounts owed by director	100
Prepayments	7,000
VAT recoverable	178
	7,278

4. Creditors: amounts falling due within one year

	31.01.2025
	£
Trade creditors	50,954
Other loans	138,252
Accruals	3,200
	192,406

There are no amounts included above in respect of which any security has been given by the small entity.

5. Called-up share capital

	31.01.2025
	£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100

6. Related party transactions

Transactions with the entity's director

	31.01.2025
	£
Amounts owed by directors	100

The directors loan account is interest free and repayable on demand.