REGISTERED NUMBER: OC453483 (England and Wales)

Unaudited Financial Statements

for the period

22 August 2024 to 31 March 2025

for

Pioneering Development Services (Oxford)

LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Designated members:

Pioneering Development (Oxford) Limited

Pioneering Management Limited

Registered office:

3rd Floor

86 - 90 Paul Street

London

EC2A 4NE

Registered number:

OC453483 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

New Derwent House

69-73 Theobalds Road

London

WC1X 8TA

Current assets

Stocks

2,272,185

Debtors

4

448,041

Cash in hand

361,005

3,081,231

Creditors

Amounts falling due within one year

5

3,081,231

Total assets less current liabilities

and

Net liabilities attributable to members

-

Loans and other debts due to members

-

Total members' interests

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 period ended 31 March 2025.

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.

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 23 September 2025 and were signed by:

Pioneering Development (Oxford) Limited - Designated member

1.	Statutory information

Pioneering Development Services (Oxford) 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.

Going concern

The designated members have confirmed that it will continue to provide financial support as and when required to ensure the LLP meets its financial obligations for a minimum of 12 months from the balance sheet date. Accordingly, the designated members have adopted the going concern basis when preparing these financial statements.

Stocks

Stock is made up of costs associated with land and property. Land and properties are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Other income

Interest income is recognised in profit or loss using the effective interest method.

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.

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.

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.

3.	Employee information

The average number of employees during the period was NIL.

4.

Debtors: amounts falling due within one year

£

Other debtors

448,041

5.

Creditors: amounts falling due within one year

£

Trade creditors

1,029,091

Other creditors

2,052,140

3,081,231

6.	Related party disclosures

During the period the LLP has taken loans from a designated member. The LLP owed it's designated member £34,940 at the balance sheet date.

During the period the LLP has taken loans from a member. The LLP owed its member £2,015,468 at the balance sheet date.