Ionis International Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 11866049

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		158		635

			158		635
CURRENT ASSETS
Debtors	5	2,119		25,894
Cash at bank and in hand		10,753		6,438

		12,872		32,332
Creditors: Amounts Falling Due Within One Year	6	(19,653 )		(27,038 )

NET CURRENT ASSETS (LIABILITIES)			(6,781 )		5,294

TOTAL ASSETS LESS CURRENT LIABILITIES			(6,623 )		5,929

NET (LIABILITIES)/ASSETS			(6,623 )		5,929

CAPITAL AND RESERVES
Called up share capital			100		100
Profit and Loss Account			(6,723 )		5,829

SHAREHOLDERS' FUNDS			(6,623)		5,929

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.

On behalf of the board

Mr David Everhart

Director

11th November 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Ionis International Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11866049 . The registered office is Unit 326 Canalot Studios, 222 Kensal Road, London, W10 5BN.

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.

2.2. 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.

2.3. 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:

Computer Equipment

25% Straight Line

2.4. 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.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable.

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 year 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.

Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Plant & Machinery etc.
	£
Cost
As at 1 April 2024	2,011

As at 31 March 2025	2,011

Depreciation
As at 1 April 2024	1,376
Provided during the period	477

As at 31 March 2025	1,853

Net Book Value
As at 31 March 2025	158

As at 1 April 2024	635

Page 2

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Ionis International Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	43	24,999
Other debtors	2,076	895

	2,119	25,894

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,298	673
Other creditors	9,225	10,348
Taxation and social security	9,130	16,017

	19,653	27,038

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