2022-11-012023-10-312023-10-31false12965011PIONEER PLACEMENTS LTD2024-07-3178200iso4217:GBPxbrli:pure129650112022-11-01129650112023-10-31129650112022-11-012023-10-31129650112021-11-01129650112022-10-31129650112021-11-012022-10-3112965011bus:SmallEntities2022-11-012023-10-3112965011bus:AuditExempt-NoAccountantsReport2022-11-012023-10-3112965011bus:FullAccounts2022-11-012023-10-3112965011bus:PrivateLimitedCompanyLtd2022-11-012023-10-3112965011core:WithinOneYear2023-10-3112965011core:AfterOneYear2023-10-3112965011core:WithinOneYear2022-10-3112965011core:AfterOneYear2022-10-3112965011core:ShareCapital2023-10-3112965011core:SharePremium2023-10-3112965011core:RevaluationReserve2023-10-3112965011core:OtherReservesSubtotal2023-10-3112965011core:RetainedEarningsAccumulatedLosses2023-10-3112965011core:ShareCapital2022-10-3112965011core:SharePremium2022-10-3112965011core:RevaluationReserve2022-10-3112965011core:OtherReservesSubtotal2022-10-3112965011core:RetainedEarningsAccumulatedLosses2022-10-3112965011core:LandBuildings2023-10-3112965011core:PlantMachinery2023-10-3112965011core:Vehicles2023-10-3112965011core:FurnitureFittings2023-10-3112965011core:OfficeEquipment2023-10-3112965011core:NetGoodwill2023-10-3112965011core:IntangibleAssetsOtherThanGoodwill2023-10-3112965011core:ListedExchangeTraded2023-10-3112965011core:UnlistedNon-exchangeTraded2023-10-3112965011core:LandBuildings2022-10-3112965011core:PlantMachinery2022-10-3112965011core:Vehicles2022-10-3112965011core:FurnitureFittings2022-10-3112965011core:OfficeEquipment2022-10-3112965011core:NetGoodwill2022-10-3112965011core:IntangibleAssetsOtherThanGoodwill2022-10-3112965011core:ListedExchangeTraded2022-10-3112965011core:UnlistedNon-exchangeTraded2022-10-3112965011core:LandBuildings2022-11-012023-10-3112965011core:PlantMachinery2022-11-012023-10-3112965011core:Vehicles2022-11-012023-10-3112965011core:FurnitureFittings2022-11-012023-10-3112965011core:OfficeEquipment2022-11-012023-10-3112965011core:NetGoodwill2022-11-012023-10-3112965011core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3112965011core:ListedExchangeTraded2022-11-012023-10-3112965011core:UnlistedNon-exchangeTraded2022-11-012023-10-3112965011core:MoreThanFiveYears2022-11-012023-10-3112965011core:Non-currentFinancialInstruments2023-10-3112965011core:Non-currentFinancialInstruments2022-10-3112965011dpl:CostSales2022-11-012023-10-3112965011dpl:DistributionCosts2022-11-012023-10-3112965011core:LandBuildings2022-11-012023-10-3112965011core:PlantMachinery2022-11-012023-10-3112965011core:Vehicles2022-11-012023-10-3112965011core:FurnitureFittings2022-11-012023-10-3112965011core:OfficeEquipment2022-11-012023-10-3112965011dpl:AdministrativeExpenses2022-11-012023-10-3112965011core:NetGoodwill2022-11-012023-10-3112965011core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3112965011dpl:GroupUndertakings2022-11-012023-10-3112965011dpl:ParticipatingInterests2022-11-012023-10-3112965011dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-012023-10-3112965011core:ListedExchangeTraded2022-11-012023-10-3112965011dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-012023-10-3112965011core:UnlistedNon-exchangeTraded2022-11-012023-10-3112965011dpl:CostSales2021-11-012022-10-3112965011dpl:DistributionCosts2021-11-012022-10-3112965011core:LandBuildings2021-11-012022-10-3112965011core:PlantMachinery2021-11-012022-10-3112965011core:Vehicles2021-11-012022-10-3112965011core:FurnitureFittings2021-11-012022-10-3112965011core:OfficeEquipment2021-11-012022-10-3112965011dpl:AdministrativeExpenses2021-11-012022-10-3112965011core:NetGoodwill2021-11-012022-10-3112965011core:IntangibleAssetsOtherThanGoodwill2021-11-012022-10-3112965011dpl:GroupUndertakings2021-11-012022-10-3112965011dpl:ParticipatingInterests2021-11-012022-10-3112965011dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-012022-10-3112965011core:ListedExchangeTraded2021-11-012022-10-3112965011dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-012022-10-3112965011core:UnlistedNon-exchangeTraded2021-11-012022-10-3112965011core:NetGoodwill2023-10-3112965011core:IntangibleAssetsOtherThanGoodwill2023-10-3112965011core:LandBuildings2023-10-3112965011core:PlantMachinery2023-10-3112965011core:Vehicles2023-10-3112965011core:FurnitureFittings2023-10-3112965011core:OfficeEquipment2023-10-3112965011core:AfterOneYear2023-10-3112965011core:WithinOneYear2023-10-3112965011core:ListedExchangeTraded2023-10-3112965011core:UnlistedNon-exchangeTraded2023-10-3112965011core:ShareCapital2023-10-3112965011core:SharePremium2023-10-3112965011core:RevaluationReserve2023-10-3112965011core:OtherReservesSubtotal2023-10-3112965011core:RetainedEarningsAccumulatedLosses2023-10-3112965011core:NetGoodwill2022-10-3112965011core:IntangibleAssetsOtherThanGoodwill2022-10-3112965011core:LandBuildings2022-10-3112965011core:PlantMachinery2022-10-3112965011core:Vehicles2022-10-3112965011core:FurnitureFittings2022-10-3112965011core:OfficeEquipment2022-10-3112965011core:AfterOneYear2022-10-3112965011core:WithinOneYear2022-10-3112965011core:ListedExc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PIONEER PLACEMENTS LTD

Registered Number
12965011
(England and Wales)

Unaudited Financial Statements for the Year ended
31 October 2023

PIONEER PLACEMENTS LTD
Company Information
for the year from 1 November 2022 to 31 October 2023

Director

MUZA, Innocent

Registered Address

55 Livingstone Road
Corby
NN18 8TR

Registered Number

12965011 (England and Wales)
PIONEER PLACEMENTS LTD
Balance Sheet as at
31 October 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets39301,263
9301,263
Current assets
Debtors85-
Cash at bank and on hand121292
206292
Creditors amounts falling due within one year4(20,858)(17,187)
Net current assets (liabilities)(20,652)(16,895)
Total assets less current liabilities(19,722)(15,632)
Net assets(19,722)(15,632)
Capital and reserves
Called up share capital100100
Profit and loss account(19,822)(15,732)
Shareholders' funds(19,722)(15,632)
The financial statements were approved and authorised for issue by the Director on 31 July 2024, and are signed on its behalf by:
MUZA, Innocent
Director
Registered Company No. 12965011
PIONEER PLACEMENTS LTD
Notes to the Financial Statements
for the year ended 31 October 2023

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.
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.
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.
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:

Reducing balance (%)
Plant and machinery33
Office Equipment20
2.Average number of employees

20232022
Average number of employees during the year00
3.Tangible fixed assets

Fixtures & fittings

Office Equipment

Total

£££
Cost or valuation
At 01 November 228007171,517
At 31 October 238007171,517
Depreciation and impairment
At 01 November 2294160254
Charge for year206128334
Other adjustments(1)-(1)
At 31 October 23299288587
Net book value
At 31 October 23501429930
At 31 October 227065571,263
4.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables46-
Other creditors20,81217,187
Total20,85817,187
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.