Company Registration No. 11562432 (England and Wales)
Titan Heating Services Ltd
Unaudited accounts
for the year ended 30 September 2020
Titan Heating Services Ltd
Unaudited accounts
Contents
Titan Heating Services Ltd
Company Information
for the year ended 30 September 2020
Directors
Matthew Miraut
Ellie Laura Natalie Miraut
Company Number
11562432 (England and Wales)
Registered Office
Melbourne House
Howe Lane
Goxhill
North Lincolnshire
DN19 7HL
Accountants
Rebecca Beaton
Waters Edge
Maltkiln Road
Barton-upon-Humber
Lincolnshire
DN18 5JR
Titan Heating Services Ltd
Statement of financial position
as at
30 September 2020
Tangible assets
17,838
675
Cash at bank and in hand
3,845
200
Creditors: amounts falling due within one year
(9,522)
(875)
Net current liabilities
(5,512)
(675)
Total assets less current liabilities
12,326
-
Creditors: amounts falling due after more than one year
(11,245)
-
Called up share capital
1
-
Profit and loss account
1,080
-
Shareholders' funds
1,081
-
For the year ending 30 September 2020 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 16 March 2021 and were signed on its behalf by
Matthew Miraut
Director
Company Registration No. 11562432
Titan Heating Services Ltd
Notes to the Accounts
for the year ended 30 September 2020
Titan Heating Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 11562432. The registered office is Melbourne House, Howe Lane, Goxhill, North Lincolnshire, DN19 7HL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
33% straight line
Motor vehicles
25% straight line
Computer equipment
33% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2019
1,008
-
-
1,008
Additions
-
17,994
1,069
19,063
At 30 September 2020
1,008
17,994
1,069
20,071
At 1 October 2019
333
-
-
333
Charge for the year
333
1,500
67
1,900
At 30 September 2020
666
1,500
67
2,233
At 30 September 2020
342
16,494
1,002
17,838
At 30 September 2019
675
-
-
675
Titan Heating Services Ltd
Notes to the Accounts
for the year ended 30 September 2020
Total debtors less than one year
165
-
6
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
3,000
-
Obligations under finance leases and hire purchase contracts
2,999
-
Taxes and social security
3,281
947
Loans from directors
-
(72)
7
Creditors: amounts falling due after more than one year
2020
2019
Obligations under finance leases and hire purchase contracts
11,245
-
8
Average number of employees
During the year the average number of employees was 2 (2019: 0).