REGISTERED NUMBER: 06170504 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Pioneer Selection Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Bokhari

S Foulds

A West

SECRETARY:

Westbury Business Services Limited

REGISTERED OFFICE:

C/O Westbury Consultancy

Livermore House

High Street

Great Dunmow

Essex

CM6 1AW

REGISTERED NUMBER:

06170504 (England and Wales)

ACCOUNTANTS:

Westbury Consultancy

Livermore House

High Street

Great Dunmow

Essex

CM6 1AW

FIXED ASSETS

Tangible assets

4

188,104

207,218

CURRENT ASSETS

Debtors

5

627,382

646,548

Cash at bank

766,431

1,050,619

1,393,813

1,697,167

CREDITORS

Amounts falling due within one year

6

190,686

366,697

NET CURRENT ASSETS

1,203,127

1,330,470

TOTAL ASSETS LESS CURRENT LIABILITIES

1,391,231

1,537,688

CREDITORS

Amounts falling due after more than one year

7

49,561

99,561

NET ASSETS

1,341,670

1,438,127

CAPITAL AND RESERVES

Called up share capital

900

900

Retained earnings

1,340,770

1,437,227

SHAREHOLDERS' FUNDS

1,341,670

1,438,127

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 18 December 2025 and were signed on its behalf by:

S Foulds - Director

1.	STATUTORY INFORMATION

Pioneer Selection 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.

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.

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 43 (2024 - 43 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

388,029

Additions

31,000

At 31 March 2025

419,029

DEPRECIATION

At 1 April 2024

180,811

Charge for year

50,114

At 31 March 2025

230,925

NET BOOK VALUE

At 31 March 2025

188,104

At 31 March 2024

207,218

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

492,765

589,016

Other debtors

134,617

57,532

627,382

646,548

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

91,345

59,461

Taxation and social security

56,833

112,390

Other creditors

42,508

194,846

190,686

366,697

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

49,561

99,561