2023-06-01 12487981 2024-05-31 12487981 2023-06-01 2024-05-31 12487981 2023-05-31 12487981 2022-06-01 2023-05-31 12487981 uk-core:WithinOneYear 2023-05-31 12487981 uk-core:WithinOneYear 2024-05-31 12487981 uk-core:AfterOneYear 2023-05-31 12487981 uk-core:AfterOneYear 2024-05-31 12487981 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 12487981 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 12487981 uk-bus:Director1 2023-06-01 2024-05-31 12487981 uk-core:ComputerEquipment 2023-05-31 12487981 uk-core:FurnitureFittings 2023-05-31 12487981 uk-core:MotorCars 2023-05-31 12487981 uk-core:PlantMachinery 2023-05-31 12487981 uk-core:LeaseholdImprovements 2023-05-31 12487981 uk-core:ComputerEquipment 2023-06-01 2024-05-31 12487981 uk-core:FurnitureFittings 2023-06-01 2024-05-31 12487981 uk-core:MotorCars 2023-06-01 2024-05-31 12487981 uk-core:PlantMachinery 2023-06-01 2024-05-31 12487981 uk-core:LeaseholdImprovements 2023-06-01 2024-05-31 12487981 uk-core:LeaseholdImprovements 2024-05-31 12487981 uk-core:MotorCars 2024-05-31 12487981 uk-core:FurnitureFittings 2024-05-31 12487981 uk-core:ComputerEquipment 2024-05-31 12487981 uk-core:PlantMachinery 2024-05-31 12487981 uk-core:WithinOneYear uk-core:Secured 2024-05-31 12487981 uk-core:WithinOneYear uk-core:Secured 2023-05-31 12487981 uk-core:WithinOneYear 2024-05-31 12487981 uk-core:WithinOneYear 2023-05-31 12487981 uk-core:AfterOneYear uk-core:Secured 2024-05-31 12487981 uk-core:AfterOneYear uk-core:Secured 2023-05-31 iso4217:GBP xbrli:pure 12487981 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 12487981 uk-bus:FRS102 2023-06-01 2024-05-31 12487981 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 12487981 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
Pioneer Plant Ltd
Registered Number:12487981
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2024
Pioneer Plant Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
12487981
As at 31 May 2024
Pioneer Plant Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
860,319
649,304
2
860,319
649,304
Current assets
Inventories
4,474,840
3,530,759
3
Trade and other receivables
1,982,035
2,661,209
4
952,736
Cash and cash equivalents
560,308
6,752,276
7,409,611
Trade and other payables: amounts falling due within one
year
(6,913,827)
(6,193,166)
5
495,784
559,110
Net current assets
Total assets less current liabilities
1,419,429
1,145,088
Trade and other payables: amounts falling due after more
than one year
(249,274)
(481,039)
6
-
(3,201)
Provisions for liabilities
938,390
Net assets
892,613
Capital and reserves
Retained earnings
938,390
892,613
938,390
892,613
Shareholders' funds
For the year ended 31 May 2024 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Brian Conn Director
These financial statements were approved and authorised for issue by the Board on 03 March 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 May 2024
Pioneer Plant Ltd
Notes to the Financial Statements
Statutory Information
Pioneer Plant Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
12487981.
Registered address:
1 Brook Park
Gaddesby Lane
Leicester
LE7 4ZB
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Motor
Vehicles
Plant and
Machinery
Leasehold
Property
Improvement
£
£
£
£
£
£
Cost or
valuation
At 01 June 2023
845,022
30,893
8,523
224,796
310,157
270,653
437,242
6,243
-
185,064
227,292
18,643
Additions
-
-
(18,500)
(2,005)
-
Disposals
(20,505)
At 31 May 2024
289,296
391,360
8,523
37,136
1,261,759
535,444
Provision for depreciation and impairment
At 01 June 2023
195,718
10,685
3,309
89,799
43,293
48,632
Charge for year
210,415
8,662
1,705
79,312
92,633
28,103
(4,693)
-
-
(4,693)
-
-
On disposal
At 31 May 2024
401,440
19,347
5,014
164,418
135,926
76,735
At 31 May 2024
Net book value
212,561
399,518
226,942
3,509
17,789
860,319
222,021
266,864
134,997
5,214
20,208
649,304
At 31 May 2023
3. Inventories
2023
2024
£
£
Stocks
3,530,759
4,474,840
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5
For the year ended 31 May 2024
Pioneer Plant Ltd
Notes to the Financial Statements Continued
4. Trade and other receivables
2023
2024
£
£
Trade debtors
921,996
934,495
Other debtors
1,739,213
1,047,540
1,982,035
2,661,209
The debtors above include the following amounts falling due after more than one year:
Other debtors
797,202
252,219
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
37,343
5,640
Bank loans and overdraft
-
284,465
Trade creditors
5,648,473
5,812,138
Taxation and social security
177,675
108,502
Other creditors
329,675
703,082
6,193,166
6,913,827
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
-
242,816
Other creditors
481,039
6,458
481,039
249,274
7. Average number of persons employed
During the year the average number of employees was 26 (2023 : 26)
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