Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falsemanagement consultancy activities06truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13339896 2023-01-01 2023-12-31 13339896 2022-01-01 2022-12-31 13339896 2023-12-31 13339896 2022-12-31 13339896 c:Director1 2023-01-01 2023-12-31 13339896 c:Director2 2023-01-01 2023-12-31 13339896 c:Director3 2023-01-01 2023-12-31 13339896 c:Director4 2023-01-01 2023-12-31 13339896 c:Director5 2023-01-01 2023-12-31 13339896 c:RegisteredOffice 2023-01-01 2023-12-31 13339896 d:CurrentFinancialInstruments 2023-12-31 13339896 d:CurrentFinancialInstruments 2022-12-31 13339896 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13339896 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 13339896 d:ShareCapital 2023-12-31 13339896 d:ShareCapital 2022-12-31 13339896 c:OrdinaryShareClass1 2023-01-01 2023-12-31 13339896 c:OrdinaryShareClass1 2023-12-31 13339896 c:OrdinaryShareClass1 2022-12-31 13339896 c:FRS102 2023-01-01 2023-12-31 13339896 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13339896 c:FullAccounts 2023-01-01 2023-12-31 13339896 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13339896 6 2023-01-01 2023-12-31 13339896 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13339896










PIONEERING PARKS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
PIONEERING PARKS LIMITED
 

COMPANY INFORMATION


Directors
G Crocker 
S Hoad 
R O'Boyle 
P Oliver 
T Reid 




Registered number
13339896



Registered office
New Derwent House
69-73 Theobalds Road

London

WC1X 8TA




Page 1

 
PIONEERING PARKS LIMITED
REGISTERED NUMBER: 13339896

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
12
12

  
12
12

Current assets
  

Debtors: amounts falling due within one year
 5 
10
338,185

Cash at bank and in hand
  
98
23,084

  
108
361,269

Creditors: amounts falling due within one year
 6 
(110)
(361,271)

Net current liabilities
  
 
 
(2)
 
 
(2)

  

Net assets
  
10
10


Capital and reserves
  

Called up share capital 
 7 
10
10

  
10
10


The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




P Oliver
Director

Date: 10 June 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
PIONEERING PARKS LIMITED
 

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

1.


General information

Pioneering Parks 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 principal activity of the company for the reporting period was that of management consultancy activities.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

  
2.2

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

 
2.3

Going concern

The financial statements have been prepared on a going concern basis. Post year end, the Directors made the decision to pause trading activities of the Company for the foreseeable future and plan to close the Company in due course.

 
2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
PIONEERING PARKS LIMITED
 

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

2.Accounting policies (continued)

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable.


3.


Employees

The average monthly number of employees, including directors, during the year was 0 (2022 - 6).

Page 4

 
PIONEERING PARKS LIMITED
 

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

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2023
12



At 31 December 2023
12





5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
10
330,845

Prepayments and accrued income
-
7,340

10
338,185



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
98
354,071

Other taxation and social security
-
3,540

Other creditors
12
-

Accruals and deferred income
-
3,660

110
361,271


Page 5

 
PIONEERING PARKS LIMITED
 

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

7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1,000 (2022 - 1,000) Ordinary shares of £0.01 each
10
10



8.


Related party transactions

During the reporting period, sales totalling £Nil (2022: £87,500) were made to BioCity HSRE-Trinity PropCo Limited on a normal commercial basis. The outstanding balance as at 31 December 2023 was £Nil (2022:£Nil).


Page 6