1 June 2024 false No description of principal activity Taxfiler 2024.6 08115869business:PrivateLimitedCompanyLtd2024-06-012025-05-31 081158692024-05-31 081158692024-06-012025-05-31 08115869business:AuditExempt-NoAccountantsReport2024-06-012025-05-31 08115869business:FilletedAccounts2024-06-012025-05-31 081158692025-05-31 08115869business:Director12024-06-012025-05-31 08115869business:RegisteredOffice2024-06-012025-05-31 081158692024-05-31 08115869core:WithinOneYear2025-05-31 08115869core:WithinOneYear2024-05-31 08115869core:AfterOneYear2025-05-31 08115869core:AfterOneYear2024-05-31 08115869core:ShareCapitalcore:PreviouslyStatedAmount2025-05-31 08115869core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 08115869core:SharePremiumcore:PreviouslyStatedAmount2025-05-31 08115869core:SharePremiumcore:PreviouslyStatedAmount2024-05-31 08115869core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-05-31 08115869core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 08115869core:PreviouslyStatedAmount2025-05-31 08115869core:PreviouslyStatedAmount2024-05-31 08115869business:SmallEntities2024-06-012025-05-31 08115869countries:EnglandWales2024-06-012025-05-31 08115869core:ComputerEquipment2024-05-31 08115869core:ComputerEquipment2025-05-31 081158692023-06-012024-05-31 iso4217:GBP xbrli:pure
Company Registration No. 08115869 (England and Wales)
PIONEER COMMERCIAL SHIPPING LTD Unaudited accounts for the year ended 31 May 2025
PIONEER COMMERCIAL SHIPPING LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
PIONEER COMMERCIAL SHIPPING LTD Company Information for the year ended 31 May 2025
Director
WANG, Tao
Company Number
08115869 (England and Wales)
Registered Office
Epsilon House Epsilon Terrace West Road Ipswich IP3 9FJ
- 3 -
PIONEER COMMERCIAL SHIPPING LTD Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Debtors
5
8,750 
7,766 
Cash at bank and in hand
1,129 
1,490 
9,879 
9,256 
Creditors: amounts falling due within one year
6
(235,347)
(224,835)
Net current liabilities
(225,468)
(215,579)
Total assets less current liabilities
(225,468)
(215,579)
Creditors: amounts falling due after more than one year
7
(54,700)
(55,000)
Net liabilities
(280,168)
(270,579)
Capital and reserves
Called up share capital
1 
1 
Share premium
99 
99 
Profit and loss account
(280,268)
(270,679)
Shareholders' funds
(280,168)
(270,579)
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 director acknowledges his 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 and authorised for issue on 31 May 2026 and were signed on its behalf by
WANG, Tao Director Company Registration No. 08115869
- 4 -
PIONEER COMMERCIAL SHIPPING LTD Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
PIONEER COMMERCIAL SHIPPING LTD is a private company, limited by shares, registered in England and Wales, registration number 08115869. The registered office is Epsilon House Epsilon Terrace, West Road, Ipswich, IP3 9FJ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2024
1,261 
At 31 May 2025
1,261 
Depreciation
At 1 June 2024
1,261 
At 31 May 2025
1,261 
Net book value
At 31 May 2025
- 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
6,398 
5,414 
Trade debtors
2,352 
2,352 
8,750 
7,766 
- 5 -
PIONEER COMMERCIAL SHIPPING LTD Notes to the Accounts for the year ended 31 May 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
40,208 
40,208 
Trade creditors
11,106 
9,546 
Taxes and social security
47,747 
47,747 
Other creditors
104,952 
96,000 
Loans from directors
31,334 
31,334 
235,347 
224,835 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Loans from directors
54,700 
55,000 
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 6 -