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Registered number: 08734502
Titan Global Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08734502
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 1,915 2,289
1,915 2,289
CURRENT ASSETS
Cash at bank and in hand 10 72
10 72
Creditors: Amounts Falling Due Within One Year 6 (59,484 ) (65,255 )
NET CURRENT ASSETS (LIABILITIES) (59,474 ) (65,183 )
TOTAL ASSETS LESS CURRENT LIABILITIES (57,559 ) (62,894 )
Creditors: Amounts Falling Due After More Than One Year 7 (50,000 ) (50,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (41 ) (123 )
NET LIABILITIES (107,600 ) (113,017 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (107,602 ) (113,019 )
SHAREHOLDERS' FUNDS (107,600) (113,017)
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Page 2
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Z R Feather
Director
11/05/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Titan Global Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08734502 . The registered office is Skeynes Park, Lingfield Road, Edenbridge, TN8 5HN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
At the balance sheet date, the company had net liabilities of £107,600 (2024: £113,017). The ability of the company to continue trading is dependent on the continued support of the director and the company’s creditors. The director is of the opinion that the company will continue to receive this support and onthis basis considers it appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result from the withdrawal of support by the director and the creditors of the company.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Computer software is being amortised evenly over its estimated useful life of five years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 25% Straight Line
Plant & Machinery 20% Straight Line
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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2.7. 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.
2.8. Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
2.9. Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty or notice of not more than 24 hours.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Intangible Assets
Other
£
Cost
As at 1 November 2024 54,168
As at 31 October 2025 54,168
Amortisation
As at 1 November 2024 54,168
As at 31 October 2025 54,168
Net Book Value
As at 31 October 2025 -
As at 1 November 2024 -
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Total
£ £ £
Cost
As at 1 November 2024 6,565 5,972 12,537
Additions 2,122 - 2,122
As at 31 October 2025 8,687 5,972 14,659
Depreciation
As at 1 November 2024 4,923 5,325 10,248
Provided during the period 2,066 430 2,496
As at 31 October 2025 6,989 5,755 12,744
Net Book Value
As at 31 October 2025 1,698 217 1,915
As at 1 November 2024 1,642 647 2,289
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6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 57,970 63,249
Taxation and social security 1,514 2,006
59,484 65,255
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 50,000 50,000
8. Share Capital
2025 2024
Allotted, called up and fully paid £ £
2 Ordinary Shares of £ 1.00 each 2 2
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