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REGISTERED NUMBER: 04611135 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

THE PIONEER ENVIRONMENTAL BUILDING
COMPANY LIMITED

THE PIONEER ENVIRONMENTAL BUILDING
COMPANY LIMITED (REGISTERED NUMBER: 04611135)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE PIONEER ENVIRONMENTAL BUILDING
COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: T R Stirrup





REGISTERED OFFICE: Old Oaklands
Perrancombe
Perranporth
Cornwall
TR6 0JQ





REGISTERED NUMBER: 04611135 (England and Wales)





ACCOUNTANT: Catherine Bennett Ltd
Chartered Accountant
Wheal Harmony House
Solomon Road
Redruth
Cornwall
TR15 1FD

THE PIONEER ENVIRONMENTAL BUILDING
COMPANY LIMITED (REGISTERED NUMBER: 04611135)

BALANCE SHEET
31 DECEMBER 2023

31/12/23 31/12/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 53,271 60,459

CURRENT ASSETS
Stocks 5 450 600
Debtors 6 108,477 51,294
Cash at bank 38,613 49,202
147,540 101,096
CREDITORS
Amounts falling due within one year 7 27,922 12,438
NET CURRENT ASSETS 119,618 88,658
TOTAL ASSETS LESS CURRENT
LIABILITIES

172,889

149,117

PROVISIONS FOR LIABILITIES 57 171
NET ASSETS 172,832 148,946

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 172,831 148,945
SHAREHOLDERS' FUNDS 172,832 148,946

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 PIONEER ENVIRONMENTAL BUILDING
COMPANY LIMITED (REGISTERED NUMBER: 04611135)

BALANCE SHEET - continued
31 DECEMBER 2023


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 director and authorised for issue on 16 September 2024 and were signed by:





T R Stirrup - Director


THE PIONEER ENVIRONMENTAL BUILDING
COMPANY LIMITED (REGISTERED NUMBER: 04611135)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

The Pioneer Environmental Building Company 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - Straight line over 20 years
Long leasehold - 4% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 33% on cost and 20% on cost
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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.

THE PIONEER ENVIRONMENTAL BUILDING
COMPANY LIMITED (REGISTERED NUMBER: 04611135)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Freehold Long Plant and
property leasehold machinery
£    £    £   
COST
At 1 January 2023 112,845 10,583 67,494
Additions - - 670
At 31 December 2023 112,845 10,583 68,164
DEPRECIATION
At 1 January 2023 64,671 5,710 63,113
Charge for year 5,642 195 1,263
At 31 December 2023 70,313 5,905 64,376
NET BOOK VALUE
At 31 December 2023 42,532 4,678 3,788
At 31 December 2022 48,174 4,873 4,381

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 January 2023 8,946 13,757 213,625
Additions - - 670
At 31 December 2023 8,946 13,757 214,295
DEPRECIATION
At 1 January 2023 8,946 10,726 153,166
Charge for year - 758 7,858
At 31 December 2023 8,946 11,484 161,024
NET BOOK VALUE
At 31 December 2023 - 2,273 53,271
At 31 December 2022 - 3,031 60,459

5. STOCKS
31/12/23 31/12/22
£    £   
Stocks 450 600

THE PIONEER ENVIRONMENTAL BUILDING
COMPANY LIMITED (REGISTERED NUMBER: 04611135)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade debtors 108,477 15,058
VAT - 1,236
Prepayments and accrued income - 35,000
108,477 51,294

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade creditors 2,450 4,031
Tax 8,013 4,848
VAT 13,266 -
Other creditors 227 340
Directors' current accounts 2,701 2,014
Accruals and deferred income 1,265 1,205
27,922 12,438

8. SECURED DEBTS

HSBC Bank Plc has a fixed and floating charge over the undertaking and all property and assets present and future.

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31/12/23 31/12/22
£    £   
T R Stirrup
Balance outstanding at start of year (2,014 ) 21,584
Amounts advanced 214 -
Amounts repaid (901 ) (23,598 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,701 ) (2,014 )