Company Registration No. 07892111 (England and Wales)
Pioneer Tech UK Ltd
Unaudited accounts
for the year ended 30 June 2026
Pioneer Tech UK Ltd
Unaudited accounts
Contents
Pioneer Tech UK Ltd
Company Information
for the year ended 30 June 2026
Company Number
07892111 (England and Wales)
Registered Office
9 Bloomfield Crescent
Gants Hill
Ilford
IG2 6DR
United Kingdom
Accountants
Valuemaven Business Services (UK) Limited
7 Lita Mews
Romford
London
RM1 3FG
Pioneer Tech UK Ltd
Statement of financial position
as at 30 June 2026
Inventories
85,000
330,000
Cash at bank and in hand
572,385
335,944
Creditors: amounts falling due within one year
(548,074)
(750,370)
Net current assets
156,664
109,587
Net assets
156,666
110,276
Called up share capital
100
100
Profit and loss account
156,566
110,176
Shareholders' funds
156,666
110,276
For the year ending 30 June 2026 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 19 July 2026 and were signed on its behalf by
Parvez Khan
Director
Company Registration No. 07892111
Pioneer Tech UK Ltd
Notes to the Accounts
for the year ended 30 June 2026
Pioneer Tech UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 07892111. The registered office is 9 Bloomfield Crescent, Gants Hill, Ilford, IG2 6DR, United Kingdom.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on costs
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads expenses.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Pioneer Tech UK Ltd
Notes to the Accounts
for the year ended 30 June 2026
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Tangible fixed assets
Plant & machinery
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
121,640
-
Trade creditors
106,685
83,600
Taxes and social security
40,110
18,123
Other creditors
7,362
258,874
Loans from directors
269,302
386,723
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Average number of employees
During the year the average number of employees was 7 (2025: 7).