PIONEER PLANT LTD

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 12487981

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		797,391		860,319

			797,391		860,319
CURRENT ASSETS
Stocks	5	2,939,974		3,530,759
Debtors	6	2,026,937		2,661,209
Cash at bank and in hand		232,499		560,308

		5,199,410		6,752,276
Creditors: Amounts Falling Due Within One Year	7	(5,748,248 )		(6,290,628 )

NET CURRENT ASSETS (LIABILITIES)			(548,838 )		461,648

TOTAL ASSETS LESS CURRENT LIABILITIES			248,553		1,321,967

Creditors: Amounts Falling Due After More Than One Year	8		(307,087 )		(383,576 )

NET (LIABILITIES)/ASSETS			(58,534 )		938,391

CAPITAL AND RESERVES
Called up share capital	10		100		-
Profit and Loss Account			(58,634 )		938,391

SHAREHOLDERS' FUNDS			(58,534)		938,391

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PIONEER PLANT LTD

Balance Sheet (continued)

As At 31 May 2025

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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Brian Conn

Director

30/06/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

PIONEER PLANT LTD is a private company, limited by shares, incorporated in England & Wales, registered number 12487981 . The registered office is 1 Brook Park Gaddesby Lane, Rearsby, Leicester, LE7 4ZB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	10% Straight Line
Plant & Machinery	20% Straight Line
Motor Vehicles	25% Straight Line
Fixtures & Fittings	20% Straight Line
Computer Equipment	25% Straight Line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 25 (2024: 26)

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PIONEER PLANT LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 June 2024	289,296	535,444	391,360	8,523
Additions	33,013	29,846	197,387	-
Disposals	-	(101,368 )	(191,500 )	-

As at 31 May 2025	322,309	463,922	397,247	8,523

Depreciation
As at 1 June 2024	76,735	135,926	164,418	5,014
Provided during the period	31,351	95,009	101,385	1,704
Disposals	-	(47,703 )	(158,210 )	-

As at 31 May 2025	108,086	183,232	107,593	6,718

Net Book Value
As at 31 May 2025	214,223	280,690	289,654	1,805

As at 1 June 2024	212,561	399,518	226,942	3,509


	Computer Equipment	Total
	£	£
Cost
As at 1 June 2024	37,136	1,261,759
Additions	1,515	261,761
Disposals	-	(292,868 )

As at 31 May 2025	38,651	1,230,652

Depreciation
As at 1 June 2024	19,347	401,440
Provided during the period	8,285	237,734
Disposals	-	(205,913 )

As at 31 May 2025	27,632	433,261

Net Book Value
As at 31 May 2025	11,019	797,391

As at 1 June 2024	17,789	860,319

5. Stocks

	2025	2024
	£	£
Stock	2,939,974	3,530,759

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PIONEER PLANT LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,765,101	921,996
Other debtors	152,882	1,137,235

	1,917,983	2,059,231
Due after more than one year
Other debtors	108,954	601,978

	2,026,937	2,661,209

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	140,057	167,102
Trade creditors	4,897,964	5,648,472
Other creditors	627,643	297,379
Taxation and social security	82,584	177,675

	5,748,248	6,290,628

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	307,087	383,576

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	140,057	167,102
Later than one year and not later than five years	307,087	383,576

	447,144	550,678

	447,144	550,678

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	-

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