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Company Registration No. 13092354 (England and Wales)
Pioneer Assets ltd Unaudited accounts for the year ended 31 July 2023
Pioneer Assets ltd Unaudited accounts Contents
Page
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Pioneer Assets ltd Company Information for the year ended 31 July 2023
Director
PATEL, Kamal
Company Number
13092354 (England and Wales)
Registered Office
29 HOLT ROAD BIRSTALL LEICESTER LE4 4AQ ENGLAND
Accountants
Advice4accounts ltd 101a Melton road Leicester Leicester United Kingdom LE4 6PN
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Pioneer Assets ltd Statement of financial position as at 31 July 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
210,000 
Current assets
Cash at bank and in hand
19,121 
Net current assets
19,121 
Total assets less current liabilities
229,121 
Creditors: amounts falling due after more than one year
(266,447)
Net liabilities
(37,326)
Capital and reserves
Profit and loss account
(37,326)
Shareholders' funds
(37,326)
For the year ending 31 July 2023 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 April 2024 and were signed on its behalf by
PATEL, Kamal Director Company Registration No. 13092354
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Pioneer Assets ltd Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Pioneer Assets ltd is a private company, limited by shares, registered in England and Wales, registration number 13092354. The registered office is 29 HOLT ROAD, BIRSTALL, LEICESTER, LE4 4AQ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Revaluation is done on Yearly basis.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 August 2022
210,000 
At 31 July 2023
210,000 
Depreciation
At 31 July 2023
- 
Net book value
At 31 July 2023
210,000 
5
Creditors: amounts falling due after more than one year
2023 
£ 
Bank loans
133,187 
Loans from directors
133,260 
266,447 
6
Average number of employees
During the year the average number of employees was 0.
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