REGISTERED NUMBER: 13974659 (England and Wales)

Financial Statements

for the Year Ended 31 December 2025

for

Pioneers DT Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G N Abuaita

P G A Abuaita

REGISTERED OFFICE:

Arden House

25 The Courtyard

Gorsey Lane

Coleshill

West Midlands

B46 1JA

REGISTERED NUMBER:

13974659 (England and Wales)

SENIOR STATUTORY AUDITOR:

Susanna D Ault FCA FCCA

AUDITORS:

Tomkinson Teal (Lichfield) LLP

Hanover Court

5 Queen Street

Lichfield

Staffordshire

WS13 6QD

FIXED ASSETS

Intangible assets

5

149,497

168,497

Tangible assets

6

1,514,776

1,702,081

1,664,273

1,870,578

CURRENT ASSETS

Stocks

17,393

19,637

Debtors

7

34,005

34,332

Cash at bank

144,893

166,168

196,291

220,137

CREDITORS

Amounts falling due within one year

8

(2,823,911

)

(2,925,350

)

NET CURRENT LIABILITIES

(2,627,620

)

(2,705,213

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(963,347

)

(834,635

)

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

(963,447

)

(834,735

)

SHAREHOLDERS' FUNDS

(963,347

)

(834,635

)

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 Profit and loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2026 and were signed on its behalf by:

P G A Abuaita - Director

1.	STATUTORY INFORMATION

Pioneers DT Ltd 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% on cost

Fixtures and fittings

-

10% on cost

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 Profit and loss, 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.

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.

Going concern

The financial statements have been prepared on a going concern basis which the directors considered to be appropriate. The company is able to depend on the funds provided by the company's parent company Gladius Holdings Limited. The loan will not be demanded for until such time as Pioneers DT Ltd can afford to repay without detriment to its operating and working capital requirements..

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 51 (2024 - 52 ) .

5.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 January 2025

and 31 December 2025

189,998

AMORTISATION

At 1 January 2025

21,501

Amortisation for year

19,000

At 31 December 2025

40,501

NET BOOK VALUE

At 31 December 2025

149,497

At 31 December 2024

168,497

6.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

property

fittings

Totals

£

£

£

COST

At 1 January 2025

1,894,381

43,098

1,937,479

Additions

-

7,020

7,020

At 31 December 2025

1,894,381

50,118

1,944,499

DEPRECIATION

At 1 January 2025

230,377

5,021

235,398

Charge for year

189,439

4,886

194,325

At 31 December 2025

419,816

9,907

429,723

NET BOOK VALUE

At 31 December 2025

1,474,565

40,211

1,514,776

At 31 December 2024

1,664,004

38,077

1,702,081

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,034

1,400

Other debtors

32,971

32,932

34,005

34,332

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

192,526

92,680

Amounts owed to group undertakings

2,569,461

2,578,300

Taxation and social security

10,483

128,726

Other creditors

51,441

125,644

2,823,911

2,925,350

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

354,147

373,450

Between one and five years

1,279,600

1,278,047

In more than five years

1,290,300

1,501,062

2,924,047

3,152,559

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Susanna D Ault FCA FCCA (Senior Statutory Auditor)

for and on behalf of Tomkinson Teal (Lichfield) LLP

12.	ULTIMATE CONTROLLING PARTY