Company Registration No. 8087593 (England and Wales)
Pioneer Lifts Limited
Unaudited accounts
for the year ended 31 May 2025
Pioneer Lifts Limited
Statement of financial position
as at 31 May 2025
Cash at bank and in hand
80,409
160,727
Creditors: amounts falling due within one year
(107,694)
(124,306)
Net current assets
4,037
61,097
Called up share capital
24
24
Profit and loss account
4,013
61,073
Shareholders' funds
4,037
61,097
For the year ending 31 May 2025 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2025 and were signed on its behalf by
Mr G McIndoe
Director
Company Registration No. 8087593
Pioneer Lifts Limited
Notes to the Accounts
for the year ended 31 May 2025
Pioneer Lifts Limited is a private company, limited by shares, registered in England and Wales, registration number 8087593. The registered office is County House, St Mary's Street, Worcester, Worcestershire, WR1 1HB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are paid to the scheme.
Amounts falling due within one year
Trade debtors
28,096
21,450
Accrued income and prepayments
3,226
3,226
5
Creditors: amounts falling due within one year
2025
2024
Trade creditors
9,937
19,894
Taxes and social security
8,803
31,363
Loans from directors
2,135
3,607
Deferred income
54,061
45,482
Pioneer Lifts Limited
Notes to the Accounts
for the year ended 31 May 2025
Allotted, called up and fully paid:
24 Ordinary shares of £1 each
24
24
7
Average number of employees
During the year the average number of employees was 3 (2024: 3).