Ionetic Limited


Directors	James Eaton
	Monica Marinescu
	Mohamed Marzook
	Andrew Palmer


Registered Address	Arc House
	Top Station Road
	Brackley
	NN13 7UG


Registered Number	13580024 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		311,945		126
Tangible assets	4		91,329		20,558
			403,274		20,684
Current assets
Stocks	5	-		1,000
Debtors		576,631		438,117
Cash at bank and on hand		32,357		132,280
		608,988		571,397
Creditors amounts falling due within one year	6	(262,901)		(185,359)
Net current assets (liabilities)			346,087		386,038
Total assets less current liabilities			749,361		406,722
Creditors amounts falling due after one year	7		(30,472)		-
Net assets			718,889		406,722
Capital and reserves
Called up share capital			22,306		20,549
Share premium			1,375,697		297,454
Other reserves			195,035		670,000
Profit and loss account			(874,149)		(581,281)
Shareholders' funds			718,889		406,722

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 10 April 2026, and are signed on its behalf by:

James Eaton
Director
Registered Company No. 13580024

Ionetic Limited

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	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 policy
	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.

	Revenue from sale of goods
	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.

Revenue from sale of goods

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.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	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.

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.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Intangible assets
	Intangible fixed assets are stated at cost less amortisation. Amortisation is provided on all intangible fixed assets to write these off over a period of five years.

	Research and development
	All research and development costs incurred during the period are treated as revenue in nature and expensed to the profit and loss account.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	13		9

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 January 25	270	270
Additions	324,301	324,301
At 31 December 25	324,571	324,571
Amortisation and impairment
At 01 January 25	144	144
Charge for year	12,482	12,482
At 31 December 25	12,626	12,626
Net book value
At 31 December 25	311,945	311,945
At 31 December 24	126	126

4.	Tangible fixed assets

	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 January 25	9,832	813	19,414	30,059
Additions	89,084	-	6,927	96,011
At 31 December 25	98,916	813	26,341	126,070
Depreciation and impairment
At 01 January 25	659	76	8,766	9,501
Charge for year	19,194	184	5,862	25,240
At 31 December 25	19,853	260	14,628	34,741
Net book value
At 31 December 25	79,063	553	11,713	91,329
At 31 December 24	9,173	737	10,648	20,558

5.	Stocks

	2025	2024
	£	£
Work in progress	-	1,000
Total	-	1,000

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	96,779	71,426
Bank borrowings and overdrafts	1,094	187
Finance lease and HP contracts	19,130	-
Other creditors	100,483	106,506
Accrued liabilities and deferred income	45,415	7,240
Total	262,901	185,359

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	30,472	-
Total	30,472	-

8.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	49,602		-