REGISTERED NUMBER: 05262225 (England and Wales)

ION CONSULTING ENGINEERS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P J Sheppard

M Bowen

C A Bland

J J C Seddon

J D O Stevenson

R Dorrington

K Benson

REGISTERED OFFICE:

7 The Ropewalk

Nottingham

Northamptonshire

NG1 5DU

REGISTERED NUMBER:

05262225 (England and Wales)

ACCOUNTANTS:

Morris Crocker

Chartered Accountants

Lake House

2 Port Way

Port Solent

Portsmouth

Hampshire

PO6 4TY

FIXED ASSETS

Tangible assets

4

38,736

35,522

CURRENT ASSETS

Debtors

5

840,542

712,560

Cash at bank and in hand

363,871

349,208

1,204,413

1,061,768

CREDITORS

Amounts falling due within one year

6

244,138

299,621

NET CURRENT ASSETS

960,275

762,147

TOTAL ASSETS LESS CURRENT LIABILITIES

999,011

797,669

PROVISIONS FOR LIABILITIES

9,411

8,562

NET ASSETS

989,600

789,107

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

989,500

789,007

SHAREHOLDERS' FUNDS

989,600

789,107

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 5 December 2025 and were signed on its behalf by:

J D O Stevenson - Director

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.

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 18 (2024 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

3,633

48,206

49,617

101,456

Additions

-

9,428

7,452

16,880

Disposals

-

(18,539

)

(2,887

)

(21,426

)

At 31 March 2025

3,633

39,095

54,182

96,910

DEPRECIATION

At 1 April 2024

2,361

33,492

30,081

65,934

Charge for year

182

3,158

6,582

9,922

Eliminated on disposal

-

(15,456

)

(2,226

)

(17,682

)

At 31 March 2025

2,543

21,194

34,437

58,174

NET BOOK VALUE

At 31 March 2025

1,090

17,901

19,745

38,736

At 31 March 2024

1,272

14,714

19,536

35,522

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

424,327

425,192

Amounts owed by group undertakings

310,955

270,000

Other debtors

105,260

17,368

840,542

712,560

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

553

-

Taxation and social security

139,751

260,732

Other creditors

103,834

38,889

244,138

299,621

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

36,637

22,057

Between one and five years

50,447

1,288

In more than five years

264,653

303,053

351,737

326,398

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

9.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of STAT Holdings Limited registered in England and Wales. The registered office address is 7 The Ropewalk, Nottingham, Nottinghamshire, NG1 5DU.

The directors, apart from P J Sheppard, M Bowen and R Dorrington, are the company's controlling related parties by virtue of theirs 100% holding of the shares in the parent company, STAT Holdings Limited.