Pion Property Ltd

Pion Property Ltd
Contents Page
For the year ended 31 March 2026

Statement of Financial Position	1
Notes to the Financial Statements	2

Registered Number: 14730224 Pion Property Ltd
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	703,658	866,092
		703,658	866,092
Current assets
Cash at bank and in hand		254,075	49,749
Creditors: amount falling due within one year		(417,725)	(859,560)
Net current assets		(163,650)	(809,811)

Total assets less current liabilities		540,008	56,281
Creditors: amount falling due after more than one year		(574,478)	(141,094)
Net assets		(34,470)	(84,813)

Capital and reserves
Called up share capital	4	10	10
Profit and loss account		(34,480)	(84,823)
Shareholders' funds		(34,470)	(84,813)

For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 15 June 2026 and were signed by:

-------------------------------
Peresh Gela
Director

1

Pion Property Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2026

General Information

Pion Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 14730224, registration address 13 St Marys Street, Stamford, PE9 2DE.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	0% Straight Line
Motor Vehicles	10% Straight Line

2.	Average number of employees Average number of employees during the year was 0 (2025 : 0).

3.

Tangible fixed assets

Cost or valuation	Land and Buildings	Motor Vehicles	Total
	£	£	£
At 01 April 2025	808,220	72,340	880,560
Additions	-	-	-
Disposals	(155,200)	-	(155,200)
At 31 March 2026	653,020	72,340	725,360
Depreciation
At 01 April 2025	-	14,468	14,468
Charge for year	-	7,234	7,234
On disposals	-	-	-
At 31 March 2026	-	21,702	21,702
Net book values
Closing balance as at 31 March 2026	653,020	50,638	703,658
Opening balance as at 01 April 2025	808,220	57,872	866,092

4.

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
10 Class A shares of £1.00 each	10		10
	10		10

2

Registered Number: 14730224
England and Wales
Abridged Accounts

for the year ended 31 March 2026
for
PION PROPERTY LTD