TITAN PARTNERSHIP LIMITED
(A company limited by guarantee)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
Registered Number: 04005034
Charity Number: 1081749

TITAN PARTNERSHIP LIMITED
(A company limited by guarantee)
CONTENTS
Reference and administrative details of the charity, its trustees and advisers
Trustees, report
Trustees, responsibilities statement
Independent auditors, report
Statement of financial activities
11
Balance sheet
12
Statement of cash flows
13
Notes to the financial statements
14

TITAN PARTNERSHIP LIMITED
(A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR
THE YEAR ENDED 31 JULY 2024
Trustees
ROHEL, Jaspal Appointed on 01112/2023 - Company Secretary
ROHEL, Jaspal Resigned on 01112/2023 - Director & Trustee
DODDRIDGE. Paul Anthony Resigned 15/0412024)- Director & Trustee
Alexandra LOFfHOUSE Appointed 0110912023- Director & Trustee
HUTCHISON, Nicola Jane - Director & Trustee
KEARNEY-BAMBRIDGE, Georgina - Director & Trustee
LOCKE-WHEATON, Daniel- Director & Chair of Trustee
MORTIMER, Jonathan Luke- Director & Trustee
MASON, Anna-Marie- Director & Trustee
Joaane TYLER Appointed 01109/2023 - Director & Trustee
Fiona Michelle ATHERTON Appointed 0510912023 - Director & Trustee
Company registered number
04005034
Charity registered number
1081749
Registered office
Faraday Wharf
Holt Street
Birmingham
B7 4BB
Chief executive officer's
Jaspal Rohel/Katherine Marston
Independent auditors
UHY Hacker Young {Birminghaml LLP
9-11 Vittoria Street
Birmingham
813ND
Bankers
Lloyds TSB PIC
114-116 Colmore Row
Birmingham
B3 2FD

TITAN PARTNERSHIP LIMITED
(A company limited by guarantee)
TRUSTEES, REPORT FOR THE YEAR ENDED 31 JULY 2024
Introduction
We are delighted to report that 2023124 was another successful year for Titan Partnership.
In 2023124 the education sector, both locally and nationally, continued to face significant challenges
stemming from the lingering effects of the pandemic, political change and ongoing economic uncertainty.
We have appended our Impact Report 2024 that sets out in detail how Titan Partnership has continued to
support its member schools through the increasingly challenging financial landscape. The rising cost of living
has placed significant Strain on schools, with escalating cost5 affecting budgets and resources.
We are delighted to report that 2022/23 was another successful year for Titan Partnership. The membership
base remained consistently strong, demonstrating that our members really value the unique support that
Tita n offers.
Despite these pressures, our member schools have remained resilient and committed to the
partnership, recognising the invaluable support, collaboration, and opportunities that Titan provides. Their
dedication highlights the strength of our network and the collective determination to navigate these
difficulties together.
Objectives as per the Articles of Association
The objectives as per the Articles are the advancement of education of school children, young people, and
their teachers/lecturers through the establishment of an inner-city network. Titan Partnership 15 involved
with many projects all of which work towards these objectives.
Financial Review
The incoming resources for the year of £794k {2023: £777k) consist primarily of membership fees of £287k
(2023.. £286k) and Initial Teacher Training income of £304k (2023.. £249k). The remainder of the incoming
resources is made up of project grants of £159k12023: £213k), donations of £14k (2023: £16k), bank interest
of £7k12023: £3k} and other income of £23k {2023: £9k).
The expenditure of £794k {2023: £886k}, detailed in Notes 5, 6 and 7, consists of direct costs on charitable
activities £256k12023: £285kl and support costs of £538k (2023: £600k). Staff costs, gross of recharge5 to
activities were £448k (2023: £436k).
Financial Performance can best be measured with reference to the movement in the Restricted and
Unrestricted Income Funds as shown on the Balance Sheet. This shows a loss for the year of £25k (2023.. Ioss
£106k).
Financial management at the Charity is adequate with increasing costs being managed within existing
reserves constraints in successive years, while reinvestment in direct activities are continuing. Cost control
remains a key priority in 2024125, given pay and general cost pressures.

TITAN PARTNERSHIP LIMITED
(A company limited by guarantee)
TRUSTEES. REPORT FOR THE YEAR ENDED 31 JULY 2024 {cont'd)
Strurture, Governance and Management
Constitution:
Titan Partnership Limited is a company limited by guarantee with no share capital (Registration Number:
040050341 and is a charity registered with the Charity Commission (Charity Number: 1081749. The charitable
company's memorandum and articles of association are the primary governing documents of the charity.
Details of the trustees who served during the year except as noted are included in the Reference and
Administrative Details on page 2.
Members, Liability:
Each member of the charitable company undertakes to contribute to the assets of the charitable company in
the event of it being wound up while they are a member, or within one year after they cease to be a
member, such amount as may be required, not exceeding £10 for the debts and liabilities contracted before
Trustees, Indemnities:
Titan Partnership Limited has in place Directors and Trustees liability insurance indemnity cover to a limit of
£lm.
Method of Recruitment and Appointment or Election of Trustees:
The constitution of the Board of Trustees is as follows:
A minimum of three Trustees
The Chief Executive Officer
The term of office for all Trustees is four years, except for the CEO, who will remain a member of the Board
of Trustees whilst they serve in this capacity. Subject to remaining eligible to be a particular type of Trustee,
Policies and Procedures Adopted for the Induction and Training of Trustees:
The Board of Trustee5 believes that in order to fulfil its responsibilities effectively, it is essential that each
member is committed to a shared vision for the charity and that the Board of Trustees is working well as a
team to achieve this.
To help new Trustees to feel able to take an active part within the Board of Trustees and be valued as an
equal member of the team, new Trustees undergo a period of planned support to introduce them to their
new role. The Board of Trustees ensures that the following steps are taken:
The Chair of Trustees sends a letter welcoming the new Trustee to the team and offering them the
opportunity to meet before the first formal Board of Trustees meeting.
The CEO invites the new Trustee to V15it the charity and experience its atmosphere and understand its ethos
and receive an informal briefing to explain the partnership between the CEO, Titan Partnership and Board of
Trustees.
When a new Trustee attends their first meeting, the Chair of Trustees welcomes them and introduces them
to the other Trustees. Trustees are asked to introduce themselves and describe any particular
interests/experience they have and the new Trustee is given the opportunity to say something about
himself/her5elf.

TITAN PARTNERSHIP LIMITED
(A company limited by guarantee)
TRUSTEES, REPORT FOR THE YEAR ENDED 31 JULY 20241cont'd)
All Trustee5 are issued with a copy of the Charity SORP which provides a wide range of information and
guidance relating to the governance of the charity.
The Articles of Association Set out the arrangements for the governance and management of the charity. The
Board of Trustees monitor the performance of the Senior Leadership Team. The Senior Leadership Team
supports the CEO in providing strategic leadership and management to ensure that the charity remains a
financially and operationally successful institution, operating in accordance with the strategic goals, policies
and processes approved by the Board of Trustees.
Organisational Structure in 2023124
Board of Trustees
CO-CEOS
SLT
Tltan Partnershlp
Risk
The Board of Trustees review the charity's Strategic risk register at regular intervals, reviewing the major
risks, focusing on operational, financial, governance, compliance and reputational risk, and received reports
on the steps taken by the charity to mitigate likely risks. The Board of Trustees is satisfied that the major
risks identified have been adequately mitigated where necessary. It is recognised, however, that systems can
only provide reasonable but not absolute assurance that major risks have been adequately managed.
Future strategy
Titan's strategy continues to evolve to meet the changing needs of the education sector in Birmingham. In
July 2021, the Titan Executive Committee approved an ambitious five-year growth plan. However, this has
pivoted significantly because of the ITh reaccreditation process. In July 2022, the Titan Executive Committee
cautiously approved a draft growth strategy focused on the ITh provision. This continued to be adapted in
2022123 and 2023124 considering the external environmental changes set by the DfE.
In 2024125, Titan will continue to develop and deliver an increasingly customer focused approach to ensure
value for money, benefit, and impact for member5. Titan is also working closely with the local business
community to address the local skills gap agenda. This work is significantly raising Titan's profile with
businesses across the city. Titan will continue to work closely with the Local Authority, Greater Birmingham
Chamber of Commerce, West Midlands Combined Authority, DWP, community groups and other
organisations with aligned values and objectives.
Daniel Locke-wheaton
Chair of Trustees
10 April 2025

TITAN PARTNERSHIP LIMITED
(A company limited by guarantee)
TRUSTEES. RESPONSIBILITIES STATEMENT FOR THE YEAR ENDED 31 JULY 2024
The Trustees (who are also directors of Titan Partnership Limited for the purposes of company law) are
responsible for preparing the Trustees, report and the financial statements in accordance with applicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year. Under company
law the Trustees must not approve the financial statements unless they are satisfied that they give a true
and fair view of the state of affairs of the charitable company and of the incoming resources and application
of resources, including the income and expenditure, of the charitable company for that period. In preparing
these financial statements, the Trustees are required to:
select suitable accounting policies and theh apply them consistently;
observe the methods and principles of the Charities SORP 2019;
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that
the charitable company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial
P051tion of the charitable company and enable them to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and
hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Disclosure of information to auditor
Each of the persons who are Tru5tee5 at the time when this Trustees, report is approved has confirmed that:
so far as that trustee is aware, there is no relevant audit information of which the charitable company's
auditor is unaware, and
that trustee has taken all the steps that ought to have been taken as a trustee in order to be aware of
any information needed by the charitable company's auditor in connection with preparing its report and
to establish that the charitable company's auditor is aware of that information.
This report was approved by the trustees on 10 April 2025
Daniel Locke-wheaton
Chair of Trustees

TITAN PARTNERSHIP LIMITED
(A company limited by guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TITAN PARTNERSHIP LIMITED FOR THE YEAR
ENDED 31 JULY 2024
Opinion
We have audited the financial statements of Titan Partnership Limited (the charitable company) for the
year ended 31 July 2024 which comprise Statement of Financial Activities, the Balance Sheet and the
Statement of Cash Flows and notes to the financial statement, including significant accounting policies.
The financial reporting framework that has been applied in their preparation is applicable law and United
Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK
and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice) and the Charities SORP
2019.
In our opinion the financial statements:
give a true and fair view of the state of the Titan Partnership Limited's affairs as at 31 July 2024 and
of its incoming resources and application of resources, including income and expenditure, for the
year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice,, and
have been prepared in accordance with the requirements of the Companie5 Act 2006 and the
Charities SORP 2019.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing {UKI (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditor's
responsibilities for the audit of the financial statements section of our report. We are independent of the
charitable company in accordance with the ethical requirements that are relevant to our audit of the
financial statements in the UK, including the FRCS Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have
obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going concern basis
of accounting in the preparation of the financial statement is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to
events or conditions that, individually or collectively, may cast significant doubt on the Titan Partnership
Limited's ability to continue as a going concern for a period of at least twelve months from when the
financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees Wlth respect to going concern are described in
the relevant sections of this report.

TITAN PARTNERSHIP LIMITED
(A company limited by guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TITAN PARTNERSHIP LIMITED FOR THE YEAR
ENDED 31 JULY 2024 (cont'd)
Other information
The other information comprises the information included in the annual report other than the financial
statements and our auditor's report thereon. The trustees are responsible for the other information
contained within the financial statements. Our opinion on the financial statements does not cover the
other information and, except to the extent otherwise explicitly stated in our report, we do not express
any form of assurance conclusion thereon.
Our responsibility is to read the other information and, in doing so, consider whether the other
information is materially inconsistent with the financial statement5 or our knowledge obtained in the
course of the audit, or otherwise appears to be materially misstated. If we identify such material
inconsistencies or apparent material misstatements, we are required to determine whether there is a
material misstatement in the financial statements or a material misstatement of the other information. If,
based on the work we have performed, we conclude that there is a material misstatement of this other
information, we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of our audit:
the information given in the trustees, report (incorporating the Strategic Report, and the Trustees
Report) for the financial year for which the financial statements are prepared is consistent with the
financial statements,. and
the trustees, report has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained
in the course of the audit, we have not identified material misstatements in the trustee5' report. We have
nothing to report in respect of the following matters where the Companies Act 2006 requires us to report
to you if, in our opinion:
adequate accounting records have not been kept, or returns adequate for our audit have not been
received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of trustees, remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the tru5tees' responsibilities statement set out on page 6, the trustees are
responsible for the preparation of the financial statements and for being satisfied that they give a true and
fair view, and for such internal control as the trustees determine is necessary to enable the preparation of
financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing Titan Partnership Limited's
ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using
the going concern basis of accounting unless the trustees either intend to liquidate the charitable company
or to cease operations, or have no realistic alternative but to do so.

TITAN PARTNERSHIP LIMITED
(A company limited by guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TITAN PARTNERSHIP LIMITED FOR THE YEAR
ENDED 31 JULY 2024 {cont'd)
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are
free from material mi55tatement, whether due to fraud or error, and to issue an auditor's report that
includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an
audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the
aggregate, they could reasonably be expected to influence the economic decisions of users taken on the
basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of
irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities,
including fraud is detailed below:
Based on our understanding of Titan Partnership Limited and the industry in which it operates, we
identified that the principal risks of non-compliance with laws and regulations related to the acts by Titan
Partnership Limited, which were contrary to applicable laws and regulations including fraud, and we
considered the extent to which non-compliance might have a material effect on the financial statements.
We also considered those laws and regulations that have a direct impact on the preparation of the
financial statements such as the Companies Act 2006 and Charities SORP 2019. We evaluated
management's incentives and opportunities for fraudulent manipulation of the financial statements
{including the risk of override of controls), and determined that the principal risks were related to inflated
revenue and Titan Partnership Limited's net income for the year.
Audit procedures performed included: review of the financial statement disclosures to underlying
5UPPOrting documentation, review of correspondence with and reports to the regulators, including
correspondence with the Education and Skills Funding Agency review of correspondence with legal
advisors, enquiries of management and review of internal audit reports in so far as they related to the
financial statement5, and testing of journals and evaluating whether there was evidence of bias by the
trustees that represented a risk of material misstatement due to fraud.
There are inherent limitations in the audit procedures described above and the further removed non-
compliance with laws and regulations is from the events and transactions reflected in the financial
statements, the les5 likely we would become aware of it. Also, the risk of not detecting a material
misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may
involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through
collusion.

TITAN PARTNERSHIP LIMITED
10
(A company limited by guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TITAN PARTNERSHIP LIMITED FOR THE YEAR
ENDED 31 JULY 20241cont'd)
As part of an audit in accordance with ISAS (UK), we exercise professional judgment and maintain
professional scepticism throughout the audit. We also:
Identify and assess the risks of material misstatement of the financial statements, whether due to
fraud or error, design and perform audit procedures responsive to those risks, and obtain audit
evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not
detecting a material misstatement resulting from fraud is higher than for one resulting from error, as
fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of
internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures
that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the
effectiveness of the charity's internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimate5 and related disclosures made by the trustees.
Conclude on the appropriateness of the trustees, use of the going concern basis of accounting and,
based on the audit evidence obtained, whether a material uncertainty exists related to events or
conditions that may cast significant doubt on the charitvs ability to continue as a going concern. If
we conclude that a material uncertainty exists, we are required to draw attention in our auditorfs
report to the related disclosures in the financial statements or, if such disclosure5 are inadequate, to
modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our
auditor's report. However, future events or conditions may cause the charity to cease to continue as
a going concern.
Evaluate the overall presentation, structure and content of the financial statements, including the
disclosures, and whether the financial statements represent the underlying transactions and events
in a manner that achieves fair presentation.
Use of our report
This report is made solely to the Titan Partnership Limited's members, as a body, in accordance with
Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might
state to the Titan Partnership Limited's members those matter5 we are required to state to them in an
auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or
assume responsibility to anyone other than Titan Partnership and Titan Partnership Limited's members as
a body, for our audit work, for this report, or for the opinions we have formed.
Malcolm Winston. Senior Statutory Auditor
UHY Hacker Young (Birmingham) LLP, Statutory Auditor
9-11 Vittoria Street, Birmingham, Bl 3ND
10 April 2025

TITAN PARTNERSHIP LIMITED
li
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2024
(Incorporating the Income and Expenditure Account)
Restricted Unrestricted
Funds
Funds
Total
2024
Total
2023
Note
Income and endownments from:
Donations and legacies
Charitable activities
Investment income
13,743
613,951
7,427
13,743
773,019
7,427
15,659
758,383
3,235
159,068
Total income and endownments
159,068
635,121
794,189
777,277
Expenditure on:
Charitable activities
159,068
634,463
793.531
885,544
Total expenditure
159,068
634,463
793.531
885,544
Net income/(expenditure)
658
658
1108,267)
Transfers between Funds
13
658
658
(108,267)
Other recognised gains and losses
Net gain on investments
Asset ceiling adjustment
10
19
23,896
23,896
(6,000)
2,205
(6,000)
Net movement in funds
(6,000)
24,554
18,554
(106,062)
Reconciliation of funds:
Total funds brought forward
13
6,196
640,291
646,487
752,549
Total funds carried forward
13
196
664,845
665,041
646,487

TITAN PARTNERSHIP LIMITED (Registered Number: 04005034)
(A company limited by guarantee)
12
BALANCE SHEET AS AT 31 JULY 2024
2024
2023
Fixed assets
Tangible assets
Investments
Note
10
291,468
267,572
291,468
267.572
Current assets
Debtors
Cash at bank and in hand
11
34,274
544,247
578,521
78,628
589,583
668.211
Creditors: amounts falling due within one year
12
{204.948)
(295.296)
Net current assets
373,573
372,915
665,041
640,487
Defined Benefit Pension Scheme Asset
19
6,000
Net assets
665.041
646,487
Charity Funds
Restricted funds
Pension reserve
Unrestricted funds
13
13
13
196
6,000
640,291
665,041
Total funds
665.041
646,487
The company's financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on 10 April 2025 and
signed on their behalf, by:
Daniel Locke-wheaton
Chair of Trustees
The notes on pages 11 to 28 form part of these financial statements.

TITAN PARTNERSHIP LIMITED
13
(A company limited by guarantee)
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 JULY 2024
Total
2024
Total
2023
Note
Cash flows from operating artivities
Net cash used in operating activities
15
(45,336)
(370,014)
Cash flows from investing activities:
Proceeds from sale of investments
Net cash provided by investing activities
Change in cash and cash equivalents in the year
145.336)
(370,014)
Cash and cash equivalents brought forward
589.583
959,597
Cash and cash equivalents carried forward
16
544,247
589,583

TITAN PARTNERSHIP LIMITED
14
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024
l AccountSng Policies
General information
Titan Partnership Limited is a charitable company limited by guarantee and registered with
Companies House and the Charity Commission in England and Wales. It operates from its
registered office of Faraday Wharf, Holt Street, Birmingham, England, B7 4BB. The principal
activity is the advancement of education through its network.
Basis of preparation of financial statements
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 1021 (effective l October 20191 {Charities SORP (FRS 102)), the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Titan Partnership Limited meets the definition of a public benefit entity under FRS 102. Assets
and liabilities are initially recognised at historical cost or transaction value unless otherwise
stated in the relevant accounting policy.
The trustees assess whether the use of going concern is appropriate i.e. whether there are any
material uncertainties related to events or conditions that may cast significant doubt on the
ability of the company to continue as a going concern. The trustees make this assessment in
respect of a period of at least one year from the date of authorisation for issue of the financial
statements and have concluded that the charity ha5 adequate resources to continue in
operational existence for the foreseeable future and there are no material uncertainties about
the charity's ability to continue as a going concern, thus they continue to adopt the going
concern basis of accounting in preparing the financial statements.
Company status
The company is a company Simited by guarantee. In the event of the company being wound up,
the liability in respect of the guarantee is limited to £10 per member of the company,
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the
Trustees in furtherance of the general objectives of the company and which have not been
designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for
particular purposes. The aim and use of each designated fund is set out in the note5 to the
financial statement5.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed
by donors or which have been raised by the company for particular purposes. The costs of
raising and administering such funds are charged against the specific fund. The aim and use of
each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
Income
All income is recognised once the company has entitlement to the income, it is probable that
the income will be received and the amount of income receivable can be measured reliably.

TITAN PARTNERSHIP LIMITED
15
{A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 (cont'd)
l Accounting Policies (cont'd)
Grants
Grants are included in the Statement of Financial Activities on a receivable basis. The balance of
income received for specific purposes but not expended during the period is shown in the
relevant funds on the balance sheet. Where income is received in advance of meeting any
performance- related conditions there is not unconditional entitlement to the income and its
recognition is deferred and included in creditors as deferred income until the performance-
related conditions are met. Where entitlement occurs before income is received, the income is
accrued.
Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic
benefit to a third party, it is probable that a transfer of economic benefits will be required in
settlement and the amount of the obligation can be measured reliably. Expenditure is classified
by activity. The costs of each activity are made up of the total of direct costs and shared costs,
including support costs involved in undertaking each activity. Direct costs attributable to a single
activity are allocated directly to that activity. Shared costs which contribute to more than one
activity and support costs which are not attributable to a single activity are apportioned
between those activities on a basis consistent with the use of resources. Central staff costs are
allocated on the basis of time spent, and depreciation charges allocated on the portion of the
asset's use.
Support costs are those costs incurred directly in support of expenditure on the objects of the
company and include project management carried out at Headquarters,
Tangible fixed assets and depreciation
All fixed assets costing more than £1,000 are capitalised.
Tangible fixed a55ets are carried at cost, net of depreciation and any provision for impairment.
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their
estimated residual value, over their expected useful lives on the following base5:
Fixtures and fittings - 250A straight line
Investments
Fixed asset investments are a form of financial instrument and are initially recognised at their
transaction cost and subsequently measured at fair value at the balance sheet date, unless fair
value cannot be measured reliably in which case it is measured at C05t less impairment.
Investment gains and 105ses, whether realised or unrealised, are combined and shown in the
heading 'net gains on investment, in the statement of financial activities incorporating income
and expenditure account.
Operating leases
Rentals under operating leases are charged to the statement of financial activities incorporating
income and expenditure account on a straight line basis over the lease term.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at
rates of exchange ruling at the balance sheet date.
Transactions in foreign currencies are translated into Sterling at the rate ruling on the date of
the transaction.
1.11
Exchange gains and losses are recognised in the statement of financial activities incorporating
income and expenditure account.

TITAN PARTNERSHIP LIMITED
16
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 (cont'd)
l Accounting Policies (cont'd)
1.12
Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the company; this is normally upon notification of the interest paid or payable by the
Bank.
1.13
Pensions
The company operates a defined contribution pension scheme and the pension charge
represents the amounts payable by the company to the fund in respect of the year.
One employee is a member of the Local Government Pension Scheme ILGPSI, a multi-employer
defined benefit scheme where the underlying assets and liabilities are separately identifiable.
Pension costs for seconded staff are recognised when charged by the schools in question.
Debtors
Trade and other debtors are recogni5ed at the settlement amount after any trade discount
offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash at Bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments with a short
maturity of three months or less from the date of acquisition or opening of the deposit or
similar account.
1.14
1.15
1.16
Liabilities and provisions
Liabilities are recognised when there is an obligation at the balance sheet date as a result of a
past event, it is probable that a transfer of economic benefit will be required in settlement,
and the amount of the settlement can be estimated reliably. Liabilities are recognised at the
amount that the company anticipates it will pay to settle the debt or the amount it has received
as advanced payments for the good5 or seniices it must provide. Provisions are measured at the
best estimate of the amounts required to settle the obligation.
Financial Instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic
financial instruments. Basic financial instruments are initially recognised at transaction value
and subsequently measured at their settlement value with the exception of bank loans which
are Subsequently measured at amortlsed cost using the effective interest method.
Critical accountlng estimates and areas of judgment
Estimates and judgments are continually evaluated and are based on historical experience and
other factors, including expectations of future events that are believed to be reasonable under
the circumstances.
1.17
1.18
Critical accounting estimates and assumptions relate to the fair value of investments valued at
31 July 2024 at £291,468 {2023: £267,572). These are based on the listed market value which
could cause a material adjustment to the carrying value of the assets in the next financial year.

TITAN PARTNERSHIP LIMITED
17
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 (cont'd}
2 Income from donation and legacies
Restricted Unrestricted
Funds
Funds
Total
2024
Total
2023
Donations
13,743
13,743
15,659
The income received from donations and capital grants in 2024 £Nil (2023: £Nil) was restricted and
£13,74312023: £15,659) was unrestricted.
3 Income from charitable activities
Restricted Unrestricted
Funds
Funds
Total
2024
Total
2023
Initial teacher training
CPD and training
Funded project income
Membership and services
Other Income
303,916
6,695
303,916
6,695
159,068
287,015
16,325
773,019
249.347
7,032
213,085
286,444
2,475
758,383
159,068
287,015
16,325
613,951
159,068
The income from charitable activities for the charitable company for 2024 was £773,019 12023:
£758,383) of which £159,068 (2023: £213.0851 was restricted and £613,951 (2023: £545,298)
unrestricted.
The developing local provision IDLP) project is a new approach to meeting the needs of pupi15 With
more complex / significant needs in Birmingham mainstream schools.
4 Investment income
635121 Unrestricted
Funds
Funds
Total
2023
Total
2022
Bank interest receivable
7,427
7,427
7,427
7.427
3,235
3,235
The investment income for the charitable company for 2024 was £7,427 (2023.. £3,325) of which £Nil
(2023: £Nil) was restricted and £7,42712023: £3,325) unrestricted.

TITAN PARTNERSHIP LIMITED
18
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 (cont'd)
5 Analysis of expenditure by activities
Activities
undertaken
directly
2024
Support
Costs
2024
Total
2024
Total
2023
Initial teacher training
CPD and training
Funded projects/grantS C05tS
Membership and services
Sponsorships
Total 2024
49,625
27,246
69,994
19,703
222,826
5,518
144,603
242,688
11,328
626,963
272,451
32,764
214,597
262,391
11,328
793,531
230,196
23,106
379,880
240,267
12,095
885.544
166,568
Total 2023
285,173
600,371
885,544
6 Support costs
CPD
and
training
Membership
and
services
teacher
training
Funded
projects
Office overheads
Office consumables
Auditor's remuneration
Wages and salaries
National insurance
Pension cost
Agency suppport staff
Total 2024
56,302
2,704
3,723
139,976
12,240
7,757
124
222,826
1,394
67
92
3,466
303
192
36,537
1,755
2,416
90,837
7,943
5,034
81
144,603
61,321
2,945
4,055
152,453
13,331
8,448
135
242,688
5,518
Total 2023
192,597
5,432
164,587
225,660
Total
2024
Total
2023
Sponsorships
Office overheads
Office consumables
Auditor's remuneration
Wage5 and salaries
National insurance
Pension cost
Agency suppport staff
Total 2024
2,862
137
189
7,116
622
394
158,416
7,608
10,475
393,848
34,439
21,825
352
626,963
143,746
9.358
11,300
362,256
44,301
27,258
2,152
600.371
11,328
Total 2023
12,095
600,371

TITAN PARTNERSHIP LIMITED
19
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 (cont'd)
7 Staff costs
Total
2024
Total
2023
Staff costs were as follows:
Wages and salaries
Social security costs
Pension costs
Agency staff costs
393,847
34,439
21,825
350
450.461
362,256
44,301
27,258
2.153
435,968
The average number of persons employed by the charity during the year was as follows:
Total
2024
No
11
Total
2023
No
13
The number of higher paid employees was:
n the band £60,001- £70,000
In the band £IIO,000 - £120,000
Key management personnel comprises the co-chief Executive Officers (2023: Chief Executive Officer,
Director of ITh and the Finance and Operations Manager}, who are engaged on a part-time basis.
Ja5pal Rohel and Katherine Marson have provided professional consultancy services in which they have
acted as co-chief Executive Officers during the year. The total paid to key management personnel was
£75,000 (2023: £239,698).
Pensions
The pension cost for those employees in the Local Government Pension Sheme (LGPS} is assessed in
accordance with the advice of a qualified actuary using the projected unit method. This scheme is
subject to a triennial review with the most recent one being available at 31 March 2022.
The pension contributions paid in the year to the LGPS pension scheme were £2,974 (2023.. £3,600).
Pension contributions paid in the year to defined contribution schemes were £18,851 (2023: £23,658).
8 Net (income)/expenditure
This 15 stated after charging:
Total
2024
Total
2023
Auditor's remuneration - audit
Auditor's remuneration - other services
6,550
1,500
6.150
1,500
During the year, no Trustees received any remuneration or reimbursed expenses (2023 - £Nil).

TITAN PARTNERSHIP LIMITED
20
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 (cont'd)
9 Tangible fixed assets
Fixture
and Fittings
Cost
At l August 2023 and 31 July 2024
Depreciation
At 31 August 2023 and 31 July 2024
Net book value
At 31 July 2024
At 31 July 2023
10 Fixed asset investments
Total
Market value/cost
At l August 2023
Amount written off
Revaluations
At 31 July 2024
267,572
23,896
291,468
11 Debtors
2024
2023
Trade debtors
Other debtors
Prepayments and accrued income
23,278
1,058
9,938
34,274
31,515
11,796
35,317
78,628

TITAN PARTNERSHIP LIMITED
21
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 (cont'd)
12 Creditors: Amounts falling due within one year
2024
2023
Trade creditors
Other taxation and Social security
Other creditors
Accruals and deferred income
73
14,934
107,488
82,453
204,948
14,819
65,201
64,279
150,997
295,296
2024
2023
Deferred income
Deferred income at 31 July 2023
Resources deferred during the year
Amounts released from previous years
29,675
210,762
16,921
29,675
(29,675) (210,762)
Deferred income at 31 July 2024
16,921
29,675
At the balance sheet date the charity was holding funds received in advance of £16,92112023: £29,675)
for 2023/24 comprising: £16,37112023: £20,845) from the DLP and other £550 (2023: £8,830).
13 Statement of funds
Balance at
l August
2023
Balance at
31 July
2024
Incoming Resources
Resources
Expended
Gains/
(Losses)
Unrestricted funds
General funds
640,291
635,121
(634,463)
24,092
665,041
Restricted funds
Computers for children
Developing Local Provision
196
{196)
159,068
(159,068)
Total restricted funds
196
159,068
(159,068}
1196)
Restricted Pension Fund
Pension Reserve
6.000
{6,000}
Total funds
646,487
794,189
(793,531)
17,896
665,041

TITAN PARTNERSHIP LIMITED
22
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 {cont'd)
13 Statement of funds (cont'd)
Restricted funds
The ITh funds are to be applied for teacher training programmes in accordance with the funder terms.
The Inclusion and Opportunity funds are residual balances of funding which is to be used to continue to
support activities focussed on delivering inclusion and opportunity within schools.
Independent funds a re held in relation to specific individual schools.
European funding amounts are to be applied for specific projects funded by the European Union in
accordance with the specifications of the particular project.
Computers for children funding amounts are funds are donations of computers and funding for the
purchase of computers, which are to be donated to children.
Statement of funds- prior year
Balance at
l August
2022
As Restated As Restated
Incoming Resources
Resources
Expended
Balance at
31 July
2023
Gains/
(Losses)
Unrestricted funds
General funds
746,353
564,192
1670,251)
{3)
640,291
Restrirted funds
European funding
Computeres for children
Developing Local Provision
3Ms
YEF- CRC
Total restricted funds
12,208)
2,208
196
196
194,387
19,406
1,500
213,085
(194,3871
{19,4061
{1,5001
215,293
196
2,208
196
Restricted Pension Fund
Pension Reserve
6.000
6,000
Total funds
752,549
777,277
1885,544)
2,205
646,487

TITAN PARTNERSHIP LIMITED
23
{A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 (cont'd)
14 Analysis of net assets between funds
Fund balances at 31 July 2024 are represented by:
Restricted
Pension
Funds
Restricted
Funds
Unrestricted
Funds
Total
Fixed asset investments
Current asset5
Creditors due within one year
Defined benefit pension scheme
291,468
291,468
578,325
578,521
1204,948) {204,948)
196
196
664,845
665.041
Comparative information in respect of the preceding period is as follows:
Fund balances at 31 July 2023 are represented by:
Restricted
Pension
Funds
Restricted
Funds
Unrestricted
Funds
Total
Fixed asset investments
Current assets
Creditors due within one year
Defined benefit pension scheme
267,572
267,572
658,015
668,211
1285,2961 1295,296)
6,000
646,487
10,196
{io,0001
6,000
6,000
196
640,291
15 Reconciliation of net movement in funds to net cash flow from operating activities
2024
2023
Net income/(expenditure) for the year (as per Statement of
Financial Activities)
Adjustment for;
Decrease/{increase) in debtors
Increaselldecreasel in creditors
658 1108,267)
44,354
(42.698)
{90,348) (219.049)
(45,336) {370,014)
Net cash used in operating activities
16 Analysis of cash and cash equivalents
Cash in hand
544,247
544,247
589,583
589,583
Total

TITAN PARTNERSHIP LIMITED
24
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 (cont'd)
17 Operating Leases
At 31 July 2024, the total of Titan Partnership's future minimum lease payment5 under non-
cancellable operating leases was:
Buildings
Other
Total
Amounts due within one year
Amounts due more than one year
17,587
4,397
21,984
17.587
4,397
21,984
18 Agency arrangements
The partnership distributes Irr bursary funds to trainee teachers as an agent for the DfE. In the
period l August 2023 to 31 July 2024, the partnership received £418,400 {2023.. £180,800) and
disbursed £399,100 {2023: £201,800) from the fund. An amount of £10,300 (2023: £9,000 owed
to Titan Partnership} 15 due back to the DfE at 31 July 2024.
19 Related party transactions
Owing to the nature of the company's operations, the board of trustees are drawn from the
membership of the company and transactions do therefore take place with organisations in
which the trustee5 have an interest. All such transactions are conducted on the same basi5 as
other member5 of the company.
Anglesey Primary School, an academy in which Paul Doddridge (Resigned 15104/20241 is
Trustee. Titan Partnership received meeting room hire income, Primary moderation training and
Titan awards and Charity dinner tickets totalling £Nil 12023.. £3,137) from Anglesey Primary
School during the year. £Nil (2023: £721 wa5 due from Anglesey Primary School at 31 July 2024 in
respect to these fees.
Aston University Engineering Academy, an academy in which Daniel Locke-wheaton {Trusteel is
3 Trustee. Titan Partnership received Sharing Panel contributions totalling £Nil (2023: £2,310)
from Aston University Engineering Academy during the year. £Nil (2023: £Nil) was due from
Aston University Engineering Academy at 31 July 2024 in respect to these fees.
South & City College, a college in which Anna Marie Mason {Trustee) is a Trustee. Titan
Partnership received payment for Titan awards & Charity dinner tickets and Brilliant Diversity
training fees totalling £Nil (2023: £1051 from South & City College during the year. £Nil (2023:
£361 was due from South & City College at 31 July 2023 in respect to these fees.
Titan Education Trust, a Multi Academy Trust in which Nicola Hutchison (Trustee) is a Trustee.
During the year payroll service5 were provided to Titan Education Trust and Titan Partnership
received admin fees totalling £211 (2023: £3,137) and Sage Support totalling £1,570 (2023..
£1,386). Titan Partnership also received meeting room hire income totalling £Nil12023: £Nil). At
the end of the year, amounts due to Titan Education Limited stood at £Nil (2023: amounts due
from Titan Education Limited stood at £20,825).

TITAN PARTNERSHIP LIMITED
25
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 Icont'd)
19 Related party transactions (Cont'd)
Hamstead Hall Academy, an academy in which Jonathan Luke Mortimer (Trustee) is a Trustee.
Titan Partnership received Sharing Panel contributions totalling £13,102 (2023: £9,533) from
Hamstead Hall Academy during the year. £Nil was due from Hamstead Hall Academy on 31 July
2024 in respect to these fees.
Ladypool Primary School, an academy in which Fiona Michelle Atherton {Appointed 05/09/2023)
is a Trustee. Titan Partnership provided Primary Moderation Training totalling £70212023: £Nil)
during the year. £Nil was due from Ladypool Primary School on 31 July 2024 in respect to these
fees.
20 Pensions and similar obligations
The Charity's employees belong to two principal pension schemes: the Royal London Pension
Scheme and the Local Government Pension Scheme (LGPS) which is managed by the West
Midlands Pension Fund. The Royal London Pension Sheme is a defined contribution scheme. The
Local Government Pension Scheme is a defined multi employer benefit scheme.
The total LGPS pension cost to Titan Partnership Limited during the year ended 31 July 2024 was
£4,000 {2023: £4,000).
The pension costs are assessed in accordance with the advice of independent qualified
actuaries. The latest actuarial valuation of the LGPS 31 March 2022.
There were no outstanding or prepaid contributions at either the beginning or the end of the
f inancial year.
The LGPS is a funded defined benefit scheme, with the assets held in a separate trustee
administered funds. The total contributions made for the year ended 31 July 2024 were £2,974
of which employer5 contributions totalled £2,97412023: £4,000) and employees contributions
totalled £Nil (2023.. £Nill. The agreed contributions for future years are 19.80/0 for employers
and an average contribution rate 5.50% for employees.
No LGPS valuation has been performed for 31 July 2024 as the valuation is not material to the
financial statements. An LGPS valuation will be performed for year ending 31 July 2025.
Principal Actuarial Assumptions at 31 July 2024
The major assumptions used by the actuary at the date of the last
valuation were:
At 31July At 31 July
2024
2023
% per annum
%per
annum
Discount rate
Salary increases
Pension increase
1.60%
3.75%
2.75%
1.60%
3.75%
2.75%
Sensitivity analysis for the principal asSUrnPtions used to measure
At 31 July At 31 July
2024
2023
Discount rate increased by 0.1% per annum
Adjustment to pension increases and deferred revaluation by 0.1%
Life expectancy at retirement increased by l year
225,000
243,000
243,000
225,000
243,000
243,000

TITAN PARTNERSHIP LIMITED
26
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 (cont'd)
20 Pensions and similar obligations (cont'd)
The current mortality assumptions include suff icient allowance for future improvement5 in mortality
rates. The assumed life expectation5 on retirement age 65 are:
At 31 July
2024
At 31 July
2023
Longevity at age 65 retiring today
-men
- Women
Longevity at age 65 retiring in 20 years
-men
- Women
years
21.6
24.0
years
21.6
24.0
23.4
23.4
25.8
25.8
The Charity's share of the assets in the scheme were:
Fair value
At 31 July
2024
Fair value
At 31July
2023
Equity instruments
Debt instrument5
Property
Cash
Other
Total market value of assets
153,223
21,595
18,510
9,255
51,417
254,000
153,223
21,595
18,510
9,255
51,417
254,000
Present value of scheme liabilities
- Funded
- Unfunded
Total liabilities
Surplus in the scheme
The actual return on the scheme asset5 in the year was £Nil {2023: £Nil).
Amounts recognised in the Statement of Financial Activities
(254.000) (254,000)
254.000
248,000
{254,000) (254,000)
(6,000)
2024
2023
Current service cost
Interest income
Interest cost
Administration costs
Total amount recognised in the 50FA
3,000
(3,000)
3,000
4,000
(3,000)
3,000
3,000
4,000

TITAN PARTNERSHIP LIMITED
27
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 (cont'd)
20 Pensions and similar obligations (cont'd)
2024
2023
Changes in surplus during the year
Balance at l August
Transfer in of pension surplus
Movement in year:
Employer service cost (net of employee contributions)
Employer contributions
Expected return on scheme assets
I nterest cost
Asset ceiling adjustment
Surplus in the scheme at 31 July
(6,000)
16,000)
3,000
(3,000)
(3,000)
3,000
6,000
4,000
(4,000)
(3,000)
3,000
(6.000)
Changes in the present value of defined benefit obligations were as
follows:
Balance at l August
Transfer in of pension liabilities
Current service cost
Past service cost
Interest cost
Contributions by scheme participants
Benefits paid
Actuarial loss
Scheme liabilities at 31 July
2024
2023
248,000
241,000
3.000
4,000
3,000
3,000
254.000
248,000
Changes in the fair value of charity's share of scheme assets:
2024
2023
Balance at l August
Transfer in of pension assets
Expected return on scheme assets
Actuarial gain
Contributions by employer
Benefits paid
Administration expenses
Asset ceiling adjustment
Fair value of scheme assets at 31 July
254,000
247,000
3,000
3,000
3,000
4,000
(6,000)
254,000
254,000
The estimated value of employer contributions for the year ended 31 July 2025 is £3,000 (2024,.
£4,000).
The fair value of the pension plan asset5 at 31 July 2024 is in excess of the present value of the defined
benefit obligations at that date, giving rise to a net surplus of £Nil (2023: £6,000). This surplus is
recognised in the financial statements only to the extent that the academy trust can recover this
surplus, either through a reduction in future contribution5 or through a refund to the charitable trust.

TITAN PARTNERSHIP LIMITED
28
(A company limited by guarantee)
20 Pensions and similar obligations {cont'd)
The charitable trust is not able to determine that future contributions will be reduced and it is not
possible for the charitable trust to receive a refund from the scheme, as the specific conditions for this
have not been met.Therefore an asset ceiling is in place such that the surplus of £6,000 (2023.. £Nil) is
not recognised as an asset at 31 July 2024 and the net assetlliability recognised in the financial
statements is capped at £Nil.
21 Events after the end of the reporting period
There are no material adjusting or non adjusting events arising after the balance sheet date.