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REGISTERED NUMBER: 09449327 (England and Wales)















Report of the Directors and

Unaudited Financial Statements for the Year Ended 30 June 2024

for

Ion Steam Mill Limited

Ion Steam Mill Limited (Registered number: 09449327)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Report of the Directors 2

Balance Sheet 4

Notes to the Financial Statements 5


Ion Steam Mill Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: G F Douglas
D P Hynd
R D Mason
S Parry





REGISTERED OFFICE: 1st Floor
Port of Liverpool Building
Pier Head
Liverpool
Merseyside
L3 1BY





REGISTERED NUMBER: 09449327 (England and Wales)





ACCOUNTANTS: Myersons
Chartered Accountants
32 Derby Street
Ormskirk
Lancashire
L39 2BY

Ion Steam Mill Limited (Registered number: 09449327)

Report of the Directors
for the Year Ended 30 June 2024

The directors present their report with the financial statements of the company for the year ended 30 June 2024.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 July 2023 to the date of this report.

G F Douglas
D P Hynd
R D Mason
S Parry

MODERN SLAVERY AND HUMAN TRAFFICKING STATEMENT
INTRODUCTION
This statement is made on behalf of Ion Property Group and subsidiary companies pursuant to Section 54(1) of the Modern Slavery Action 2015 and comprises our slavery and human trafficking statement. We are committed to improving our practices to combat slavery and human trafficking.

OUR SUPPLY CHAINS
Our method of working is to select the key delivery team for each project from established supply chains very early in the scheme inception stage to provide accurate background information and advice to our client partners to inform their decision-making process. It is important that the correct team members are involved at early stages of the project where they can make a positive contribution to the feasibility stages.

We are assisted by a framework of consultants and suppliers who support the skills of the "in- house" team members throughout the development process.

Our initial Frameworks were established in 2011 and followed an OJEU compliant process to select suppliers based on a broad range of selection criteria including the requirement of meeting appropriate standards in terms of Quality Management, environmental policies, CSR and the Modern Slavery Act.

Established supply chains include the following disciplines:

o Architecture
o Employers Agent/Quantity Surveying
o Environmental Impact
o Highways
o Landscape
o Mechanical & Electrical
o Planning
o Engineering Services

OUR POLICIES
We are committed to ensuring that there is no modern slavery or human trafficking in our supply chains or in any part of our business. Our Anti-Slavery and Human Trafficking Policy reflects our commitment to acting ethically and with integrity in all our business relationships and to implementing and enforcing effective systems and controls to ensure slavery and human trafficking is not taking place anywhere in our business or in our supply chains.

DUE DILIGENCE PROCESSES
As part of our initiative to identify, monitor and mitigate against industry risk, business transaction risk and risk in the country in which we operate, our senior staff report direct to the Group Board who act as a Risk and Compliance Committee. We have in place policies and systems across our business, our trading partners and our supply chains to:-

o Identify inappropriate employment practices;
o Identify, assess and monitor other potential risk areas;
o Mitigate the risk of slavery and human trafficking occurring;
o Protect whistle-blowers; and
o Investigate reports of Modern Slavery.

Ion Steam Mill Limited (Registered number: 09449327)

Report of the Directors
for the Year Ended 30 June 2024

SUPPLIER ADHERENCE TO OUR VALUES AND ETHICS
We have zero tolerance to slavery and human trafficking. To ensure all those in our supply chain and contractors comply with our values we operate in line with principles of responsible sourcing, including paying employees at the prevailing minimum wage applicable within their relevant country of operation. We have in place a Supplier Code of Conduct which outlines our expectations. The relevant staff will monitor and enforce compliance of the Supplier Code of Conduct.

TRAINING
To ensure a high level of understanding of the risks of modern slavery and human trafficking in our business, in our supply chains and in our business partners, we provide relevant training to all staff. Under our Supplier Code of Conduct we also require our business partners to provide regular and relevant training to their staff and suppliers and providers.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





S Parry - Director


5 February 2025

Ion Steam Mill Limited (Registered number: 09449327)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £   
CURRENT ASSETS
Stocks 1 1
Cash at bank 8,609 7,866
8,610 7,867
CREDITORS
Amounts falling due within one year 4 5,601 5,754
NET CURRENT ASSETS 3,009 2,113
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,009

2,113

CAPITAL AND RESERVES
Called up share capital 8 8
Retained earnings 3,001 2,105
SHAREHOLDERS' FUNDS 3,009 2,113

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 16 December 2024 and were signed on its behalf by:





S Parry - Director


Ion Steam Mill Limited (Registered number: 09449327)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Ion Steam Mill 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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 that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax 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.

3. EMPLOYEES AND DIRECTORS

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

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Amounts owed to group undertakings 5,391 -
Tax 210 -
VAT - 600
Accruals and deferred income - 5,154
5,601 5,754

Ion Steam Mill Limited (Registered number: 09449327)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

6. ULTIMATE CONTROLLING PARTY

The controlling party is Ion Property Group Limited.