Acorah Software Products - Accounts Production 16.2.850 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 08427512 Ms Diana Ionascu Mr Ion Ionascu iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08427512 2024-03-31 08427512 2025-03-31 08427512 2024-04-01 2025-03-31 08427512 frs-core:PlantMachinery 2024-04-01 2025-03-31 08427512 frs-core:ShareCapital 2025-03-31 08427512 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08427512 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08427512 frs-bus:AbridgedAccounts 2024-04-01 2025-03-31 08427512 frs-bus:SmallEntities 2024-04-01 2025-03-31 08427512 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08427512 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08427512 frs-bus:Director1 2024-04-01 2025-03-31 08427512 frs-bus:Director2 2024-04-01 2025-03-31 08427512 1 2024-04-01 2025-03-31 08427512 frs-countries:EnglandWales 2024-04-01 2025-03-31 08427512 2023-03-31 08427512 2024-03-31 08427512 2023-04-01 2024-03-31 08427512 frs-core:ShareCapital 2024-03-31 08427512 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08427512 1 2023-04-01 2024-03-31
Registered number: 08427512
ION++ LTD
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 08427512
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,920 1,187
3,920 1,187
CURRENT ASSETS
Debtors 18,732 22,571
Cash at bank and in hand 11,998 23,207
30,730 45,778
Creditors: Amounts Falling Due Within One Year (27,931 ) (36,968 )
NET CURRENT ASSETS (LIABILITIES) 2,799 8,810
TOTAL ASSETS LESS CURRENT LIABILITIES 6,719 9,997
PROVISIONS FOR LIABILITIES
Deferred Taxation 5 (980 ) (297 )
NET ASSETS 5,739 9,700
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 5,639 9,600
SHAREHOLDERS' FUNDS 5,739 9,700
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Page 2
For the year ending 31 March 2025 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Ion Ionascu
Director
25/06/2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
ION++ LTD is a private company, limited by shares, incorporated in England & Wales, registered number 08427512 . The registered office is 42 Ashburton Avenue, Croydon, CR0 7JE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
2.2. Going Concern Disclosure
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements 
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. 
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery Straight line basis over 3 years
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the 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. Exchange differences are taken into account in arriving at the operating profit.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. 
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2025 2024
Directors 2 2
2 2
4. Tangible Assets
Total
£
Cost
As at 1 April 2024 5,759
Additions 3,814
As at 31 March 2025 9,573
Depreciation
As at 1 April 2024 4,572
Provided during the period 1,081
As at 31 March 2025 5,653
Net Book Value
As at 31 March 2025 3,920
As at 1 April 2024 1,187
5. Deferred Taxation
The provision for deferred taxation is made up of accelerated capital allowances;
2025 2024
£ £
Other timing differences 980 297
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
7. Dividends
2025 2024
£ £
On equity shares:
Final dividend paid 76,000 91,400
During the year dividend amounts of £76,000 (2024 - £91,400) paid to the directors in respect of shares held by them.
Page 4