REGISTERED NUMBER: 13274989 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

THE TITANIUM GROUP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

T J Elliston

W M Guenigault

REGISTERED OFFICE:

452 Old London Road

Hastings

East Sussex

TN35 5BB

REGISTERED NUMBER:

13274989 (England and Wales)

ACCOUNTANTS:

Ashdown Hurrey

Chartered Accountants & Business Advisers

28 Wilton Road

Bexhill on Sea

East Sussex

TN40 1EZ

FIXED ASSETS

Tangible assets

4

111,151

59,424

CURRENT ASSETS

Stocks

2,646

-

Debtors

5

282,242

212,535

Cash at bank

33,746

8,597

318,634

221,132

CREDITORS

Amounts falling due within one year

6

214,875

147,181

NET CURRENT ASSETS

103,759

73,951

TOTAL ASSETS LESS CURRENT LIABILITIES

214,910

133,375

CREDITORS

Amounts falling due after more than one year

7

(29,511

)

(36,220

)

PROVISIONS FOR LIABILITIES

(27,788

)

(6,210

)

NET ASSETS

157,611

90,945

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

157,511

90,845

157,611

90,945

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 December 2025 and were signed on its behalf by:

T J Elliston - Director

W M Guenigault - Director

1.	STATUTORY INFORMATION

The Titanium Group 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.

In preparing the financial statements, the directors are required to make an assessment of the ability of the company to continue as a going concern. The directors have considered all available evidence for the company which covers the 12 month period from the date of signing these financial statements.

On the basis of this consideration, the directors are confident that the company has adequate resources to continue in operational existence and to meet its liabilities as they fall due for the foreseeable future. In reaching this conclusion they are satisfied that no material uncertainty exists. As a result of the above, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements and that no material uncertainty exists in reaching this conclusion.

Turnover

Turnover represents net invoiced sales of goods and services excluding value added tax. Turnover is recognised when the company receives the right the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 7 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

306

59,179

59,485

Additions

24,277

64,738

89,015

Disposals

-

(9,500

)

(9,500

)

At 31 March 2025

24,583

114,417

139,000

DEPRECIATION

At 1 April 2024

61

-

61

Charge for year

4,904

24,784

29,688

Eliminated on disposal

-

(1,900

)

(1,900

)

At 31 March 2025

4,965

22,884

27,849

NET BOOK VALUE

At 31 March 2025

19,618

91,533

111,151

At 31 March 2024

245

59,179

59,424

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

42,178

DEPRECIATION

Charge for year

8,436

At 31 March 2025

8,436

NET BOOK VALUE

At 31 March 2025

33,742

At 31 March 2024

42,178

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

68,785

139,566

Amounts owed by associates

1,068

39,034

Other debtors

63,750

-

Directors' current accounts

109,437

27,116

Tax

27,783

-

Prepayments

11,419

6,819

282,242

212,535

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

6,709

13,458

Trade creditors

49,918

4,761

Amounts owed to associates

-

12,685

Tax

88,052

40,743

Social security and other taxes

(1,563

)

1,475

VAT

40,316

37,882

Other creditors

-

32,707

Deferred income

29,000

-

Accrued expenses

2,443

3,470

214,875

147,181

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

29,511

36,220

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

T J Elliston

Balance outstanding at start of year

13,700

(499

)

Amounts advanced

63,614

14,199

Amounts repaid

(13,700

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

63,614

13,700

W M Guenigault

Balance outstanding at start of year

13,415

(499

)

Amounts advanced

45,823

13,914

Amounts repaid

(13,415

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

45,823

13,415

9.	RELATED PARTY DISCLOSURES

As at the balance sheet date, the directors, Mr T J Elliston and Mr W M Guenigault, owed £63,614 and £45,823 respectively to the company. Interest has been charged at 2.25%.

As at the balance sheet date, the company was owed £287 by Titanium Locksmiths Ltd, a company in which Mr T J Elliston and Mr W M Guenigault are also directors and shareholders.

As at the balance sheet date, the company was owed £781 by Titanium Training Ltd, a company in which Mr T J Elliston and Mr W M Guenigault are also directors and shareholders.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Titanium Group Limited for the year ended 31 March 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at icaew.com/membershandbook.

This report is made solely to the Board of Directors of The Titanium Group Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Titanium Group Limited and state those matters that we have agreed to state to the Board of Directors of The Titanium Group Limited, as a body, in this report in accordance with icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Titanium Group Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Titanium Group Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Titanium Group Limited. You consider that The Titanium Group Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Titanium Group Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ashdown Hurrey

Chartered Accountants & Business Advisers

28 Wilton Road

Bexhill on Sea

East Sussex

TN40 1EZ

29 December 2025