Ti-doped [1,1,1,1] paracyclophane(PCP) and its derivatives have been designed by substituting heteroatoms boron and nitrogen and studied their hydrogen storage properties using density functional theory. Heteroatom substitution is important for stronger Ti-binding whereas Ti-doping for light weight, almost empty d-orbital and its stronger interaction with H2 molecules. Six configurations are obtained: PB1,PB2(boron substitution), PN1,PN2 (nitrogen substitution) and PBN1,PBN2(boron and nitrogen co-substitution). Stability of all Ti-doped structures has been confirmed using cohesive and formation energy. PCP, PB1, PB2, PN1, PN2, PNB1 and PNB2 show gravimetric hydrogen uptake capacity(adsorption energy) as 5.52(0.67),6.90(0.5),6.90(0.53),5.37(0.6),5.37(0.61), 5.48(0.7) and 5.48(0.74 eV) wt% respectively. Ti-doped boron substituted structures show required H2 uptake capacity, suitable adsorption energy, thermodynamically favorable H2 adsorption at ambient conditions, moderate desorption temperature, structural and thermodynamic stability, thus more suitable for hydrogen storage than nitrogen substituted and boron and nitrogen co-substituted structures. Ti-doped boron substituted PCP is a promising reversible hydrogen storage candidate.