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REGISTERED NUMBER: OC436150 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Pioneer Equity Holdings LLP

Pioneer Equity Holdings LLP (Registered number: OC436150)

Contents of the Financial Statements
for the year ended 31 December 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Pioneer Equity Holdings LLP

General Information
for the year ended 31 December 2024







Designated members: S Abboud
G Curatolo
T M Tehranian
Apex Financial Services Trust Limited
Bluestack Capital Dac
Burlington Loan Management Dac
Drumwood Capital Dac
Foxford Capital L5 Dac
Nerine Trust Company Limited
CEP Grit Sandywaves Limited





Registered office: New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: OC436150 (England and Wales)

Pioneer Equity Holdings LLP (Registered number: OC436150)

Balance Sheet
31 December 2024

2024 2023
Notes
Fixed assets
Investments 4 3,356,701 2,282,672

Current assets
Debtors 5 2,979 2,979
Cash at bank 21,623 541,663
24,602 544,642
Creditors
Amounts falling due within one year 6 20,243 13,770
Net current assets 4,359 530,872
Total assets less current liabilities
and
Net assets attributable to members 3,361,060 2,813,544

Loans and other debts due to members - -

Members' other interests
Capital accounts 3,376,061 2,823,428
Other reserves (15,001 ) (9,884 )
3,361,060 2,813,544

Total members' interests
Members' other interests 3,361,060 2,813,544

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 December 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

Pioneer Equity Holdings LLP (Registered number: OC436150)

Balance Sheet - continued
31 December 2024


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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 25 June 2025 and were signed by:





T M Tehranian - Designated member

Pioneer Equity Holdings LLP (Registered number: OC436150)

Notes to the Financial Statements
for the year ended 31 December 2024


1. Statutory information

Pioneer Equity Holdings LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

The functional and presentational currency of the LLP is considered to be Euros because that is the currency of the primary economic environment in which the LLP operates.

Significant judgements and estimates
In application of the Company's accounting policies, which are described below, the Directors are required to make judgements, estimates, and assumptions about the carrying amount of assets and liabilities that are not readily available from other sources. The estimates and associate assumptions are based on historical experience and other factors which are considered relevant.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the year in which the estimate is revised if the revision affects only that year, or the year of the revision and future year if the revision affects both the current and future years.

Financial instruments
(a) Financial assets

Financial assets, other than derivatives, are initially measured at transaction price (including transaction costs) and subsequently held at cost, less any impairment.

(b) Financial liabilities and equity

Financial liabilities and equity are classified according to the substance of the financial instrument's contractual obligations, rather than the financial instrument's legal form. Financial liabilities, excluding convertible debt and derivatives, are initially measured at transaction price (including transaction costs) and subsequently held at amortised cost

Members' capital and remuneration
Members' capital classified as equity represents members' interests in the partnership where there is no obligation to repay these to members. Where members' capital is contributed to the partnership but there is a contractual obligation in place that requires repayment if members retire, this is classified as a liability.

3. Employee information

The average number of employees during the year was NIL (2023 - NIL).

Pioneer Equity Holdings LLP (Registered number: OC436150)

Notes to the Financial Statements - continued
for the year ended 31 December 2024


4. Fixed asset investments
Other
investments
Cost
At 1 January 2024 2,282,672
Additions 1,074,029
At 31 December 2024 3,356,701
Net book value
At 31 December 2024 3,356,701
At 31 December 2023 2,282,672

5. Debtors: amounts falling due within one year
2024 2023
Amounts owed by group undertakings 2,979 2,979

6. Creditors: amounts falling due within one year
2024 2023
Other creditors 20,243 13,770