Pioneer Environmental Building Company - Accounts to registrar (filleted)

REGISTERED NUMBER: 04611135 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

THE PIONEER ENVIRONMENTAL BUILDING

COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

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

FIXED ASSETS

Tangible assets

4

81,936

53,271

CURRENT ASSETS

Stocks

5

475

450

Debtors

6

86,451

108,477

Cash at bank

7,406

38,613

94,332

147,540

CREDITORS

Amounts falling due within one year

7

26,187

27,922

NET CURRENT ASSETS

68,145

119,618

TOTAL ASSETS LESS CURRENT
LIABILITIES

150,081

172,889

PROVISIONS FOR LIABILITIES

-

57

NET ASSETS

150,081

172,832

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

150,080

172,831

SHAREHOLDERS' FUNDS

150,081

172,832

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 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 29 September 2025 and were signed by:

T R Stirrup - Director

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Long

Plant and

property

leasehold

machinery

£

COST

At 1 January 2024

112,845

10,583

68,164

Additions

37,764

-

178

At 31 December 2024

150,609

10,583

68,342

DEPRECIATION

At 1 January 2024

70,313

5,905

64,376

Charge for year

7,531

187

991

At 31 December 2024

77,844

6,092

65,367

NET BOOK VALUE

At 31 December 2024

72,765

4,491

2,975

At 31 December 2023

42,532

4,678

3,788

Fixtures

and

Motor

fittings

vehicles

Totals

£

COST

At 1 January 2024

8,946

13,757

214,295

Additions

-

37,942

At 31 December 2024

8,946

13,757

252,237

DEPRECIATION

At 1 January 2024

8,946

11,484

161,024

Charge for year

-

568

9,277

At 31 December 2024

8,946

12,052

170,301

NET BOOK VALUE

At 31 December 2024

-

1,705

81,936

At 31 December 2023

-

2,273

53,271

5.

STOCKS

31/12/24

31/12/23

£

Stocks

475

450

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

Trade debtors

82,688

108,477

Other debtors

1,002

-

VAT

2,761

-

86,451

108,477

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

Trade creditors

10,001

2,450

Tax

5,626

8,013

VAT

-

13,266

Other creditors

-

227

Directors' current accounts

9,295

2,701

Accruals and deferred income

1,265

26,187

27,922

8.	SECURED DEBTS

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

9.	RELATED PARTY DISCLOSURES

The director T Stirrup is the owner of Mount Pleasant Ecological Park. Sales invoices have been raised from the company to Mount Pleasant Ecological Park during the year totalling £17,101 (2023: £54,656). At the balance sheet date the company was owed by Mount Pleasant Ecological Park £82,688 (2023: £76,477). The transactions were at arms length and undertaken in the course of the trade.