IRIS Accounts Production v24.2.0.383 05262225 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh052622252023-03-31052622252024-03-31052622252023-04-012024-03-31052622252022-03-31052622252022-04-012023-03-31052622252023-03-3105262225ns15:EnglandWales2023-04-012024-03-3105262225ns14:PoundSterling2023-04-012024-03-3105262225ns10:Director12023-04-012024-03-3105262225ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3105262225ns10:SmallEntities2023-04-012024-03-3105262225ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3105262225ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3105262225ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3105262225ns10:FullAccounts2023-04-012024-03-3105262225ns10:OrdinaryShareClass12023-04-012024-03-3105262225ns10:Director22023-04-012024-03-3105262225ns10:Director32023-04-012024-03-3105262225ns10:Director42023-04-012024-03-3105262225ns10:Director52023-04-012024-03-3105262225ns10:RegisteredOffice2023-04-012024-03-3105262225ns5:CurrentFinancialInstruments2024-03-3105262225ns5:CurrentFinancialInstruments2023-03-3105262225ns5:ShareCapital2024-03-3105262225ns5:ShareCapital2023-03-3105262225ns5:RetainedEarningsAccumulatedLosses2024-03-3105262225ns5:RetainedEarningsAccumulatedLosses2023-03-3105262225ns5:LongLeaseholdAssetsns5:LandBuildings2023-04-012024-03-3105262225ns5:FurnitureFittings2023-04-012024-03-3105262225ns5:ComputerEquipment2023-04-012024-03-3105262225ns5:LongLeaseholdAssetsns5:LandBuildings2023-03-3105262225ns5:FurnitureFittings2023-03-3105262225ns5:ComputerEquipment2023-03-3105262225ns5:LongLeaseholdAssetsns5:LandBuildings2024-03-3105262225ns5:FurnitureFittings2024-03-3105262225ns5:ComputerEquipment2024-03-3105262225ns5:LongLeaseholdAssetsns5:LandBuildings2023-03-3105262225ns5:FurnitureFittings2023-03-3105262225ns5:ComputerEquipment2023-03-3105262225ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3105262225ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3105262225ns5:WithinOneYear2024-03-3105262225ns5:WithinOneYear2023-03-3105262225ns5:BetweenOneFiveYears2024-03-3105262225ns5:BetweenOneFiveYears2023-03-3105262225ns5:MoreThanFiveYears2024-03-3105262225ns5:MoreThanFiveYears2023-03-3105262225ns5:AllPeriods2024-03-3105262225ns5:AllPeriods2023-03-3105262225ns5:DeferredTaxation2023-03-3105262225ns5:DeferredTaxation2024-03-3105262225ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 05262225 (England and Wales)









ION CONSULTING ENGINEERS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






ION CONSULTING ENGINEERS LIMITED (REGISTERED NUMBER: 05262225)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ION CONSULTING ENGINEERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: P J Sheppard
M Bowen
C A Bland
J J C Seddon
J D O Stevenson





REGISTERED OFFICE: 7 The Ropewalk
Nottingham
Northamptonshire
NG1 5DU





REGISTERED NUMBER: 05262225 (England and Wales)





ACCOUNTANTS: Morris Crocker
Chartered Accountants
Station House
North Street
Havant
Hampshire
PO9 1QU

ION CONSULTING ENGINEERS LIMITED (REGISTERED NUMBER: 05262225)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 35,522 35,777

CURRENT ASSETS
Debtors 5 712,560 201,101
Cash at bank and in hand 349,208 527,125
1,061,768 728,226
CREDITORS
Amounts falling due within one year 6 299,621 262,086
NET CURRENT ASSETS 762,147 466,140
TOTAL ASSETS LESS CURRENT
LIABILITIES

797,669

501,917

PROVISIONS FOR LIABILITIES 8 8,562 8,581
NET ASSETS 789,107 493,336

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 789,007 493,236
SHAREHOLDERS' FUNDS 789,107 493,336

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2024 and were signed on its behalf by:




J D O Stevenson - Director


ION CONSULTING ENGINEERS LIMITED (REGISTERED NUMBER: 05262225)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Ion Consulting Engineers 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents consultancy services provided during the year, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - straight line over 20 years
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Financial instruments
Debtors and cash at bank: Trade and other debtors are recognised at the settlement amount due after any trade discount offered. prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand includes cash on deposit or in a current account.

Creditors and provisions: Creditors and provisions are recognised where there is a present obligation resulting from a past event that will probably result in the transfer of economic benefits to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 at the balance sheet date, except as otherwise required in the paragraphs below.

Unrelieved 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.

Deferred tax shall not be recognised on permanent differences, other than a business combination where assets (other than goodwill) give rise to an deferred tax asset or liability.

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.

ION CONSULTING ENGINEERS LIMITED (REGISTERED NUMBER: 05262225)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

Exemption from consolidation
The company has taken advantage of the Companies Act exemption for small groups from preparing consolidated accounts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 13 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Long and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
At 1 April 2023 3,633 48,355 59,157 111,145
Additions - 1,460 9,231 10,691
Disposals - (1,609 ) (18,771 ) (20,380 )
At 31 March 2024 3,633 48,206 49,617 101,456
DEPRECIATION
At 1 April 2023 2,180 31,727 41,461 75,368
Charge for year 181 2,597 6,511 9,289
Eliminated on disposal - (832 ) (17,891 ) (18,723 )
At 31 March 2024 2,361 33,492 30,081 65,934
NET BOOK VALUE
At 31 March 2024 1,272 14,714 19,536 35,522
At 31 March 2023 1,453 16,628 17,696 35,777

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 425,192 186,357
Amounts owed by group undertakings 270,000 -
Other debtors 17,368 14,744
712,560 201,101

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 260,732 212,166
Other creditors 38,889 49,920
299,621 262,086

ION CONSULTING ENGINEERS LIMITED (REGISTERED NUMBER: 05262225)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 22,057 23,360
Between one and five years 1,288 21,413
In more than five years 303,053 341,453
326,398 386,226

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 8,562 8,581

Deferred
tax
£   
Balance at 1 April 2023 8,581
Accelerated capital allowances (19 )
Balance at 31 March 2024 8,562

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of STAT Holdings Limited, 7 The Ropewalk, Nottingham, Nottinghamshire, NG1 5DU.

The registered office address for STAT Holdings Limited is 3-5 College Street, Nottingham, Nottinghamshire, NG1 5AQ.

The directors are the company's controlling related parties by virtue of theirs 100% holding of the shares in the parent company, STAT Holdings Limited.