Ion Technologies Limited

Unaudited Accounts

for the year ended

31 December 2025

Registered number

NI036616

Ion Technologies Limited
Registered number:		NI036616
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		28,709			11,566

Current assets
Debtors	4	376,738			374,473
Cash at bank and in hand		127,188			62,614
		503,926			437,087

Creditors: amounts falling due within one year	5	(94,544)			(73,974)

Net current assets			409,382			363,113

Total assets less current liabilities			438,091			374,679

Creditors: amounts falling due after more than one year	6		-			(5,286)
Provisions for liabilities			(4,382)			(2,892)

Net assets			433,709			366,501

Capital and reserves
Called up share capital			32,000			32,000
Capital redemption reserve			4,782			4,782
Profit and loss account			396,927			329,719

Shareholders' funds			433,709			366,501

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

Niall McKeown
Director
Approved by the Board on 11 June 2026

Ion Technologies Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Office equipment			over 4 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					7		6


3	Tangible fixed assets
				Office equipment		Motor vehicles		Total
£					£		£
	Cost
	At 1 January 2025			81,193		-		81,193
	Additions			11,957		11,895		23,852
	At 31 December 2025			93,150		11,895		105,045

	Depreciation
	At 1 January 2025			69,627		-		69,627
	Charge for the year			6,461		248		6,709
	At 31 December 2025			76,088		248		76,336

	Net book value
	At 31 December 2025			17,062		11,647		28,709
	At 31 December 2024			11,566		-		11,566


4	Debtors					2025		2024
£							£

	Trade debtors					169,046		179,781
	Other debtors					207,692		194,692
						376,738		374,473


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					5,286		10,375
	Trade creditors					41,593		4,687
	Taxation and social security costs					36,614		45,579
	Other creditors					11,051		13,333
						94,544		73,974


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					-		5,286


7	Pension commitments

	The company operates a defined contribution scheme for its directors and employees. The assets of the scheme are held separately from those of the company in an independently adminstered fund. The pension cost for the year was £133,213 (2024: £124,958). Contributions totalling £712 (2024: £1,204) were payable at 31 December 2025.


8	Loans to Directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr Niall McKeown
	A Director's current account owing by Mr Niall McKeown of £155,771 is included within Other Debtors (Note 4). The transactions of £11,391 relate to withdrawals during the year and the maximum balance outstanding during the year was £155,771.	144,380		11,391		-		155,771

		144,380		11,391		-		155,771


9	Related party transactions

	The company has identified the following transactions involving Directors for disclosure under the terms of FRS102. Mr John Briggs charged professional fees of £4,500 (2024: £8,400) to the company during the year. The balance outstanding at the financial year end in relation to such professional fees was £500 (2024: £750). This amount is included within trade creditors and accruals.


10	Controlling party

	The ultimate controlling party is Mr Niall McKeown by virtue of his shareholding.


11	Other information

	Ion Technologies Limited is a private company limited by shares and incorporated in Northern Ireland. Its registered office is:
	Ormeau Business Park
	8 Cromac Avenue
	Belfast
	BT7 2JA