Pioneer Developments (London) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04225929 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

FOR

PIONEER DEVELOPMENTS (LONDON) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr D Davila

Mr S Ben- Atar

SECRETARY:

Mr D Davila

REGISTERED OFFICE:

4 Queens Road

Hendon

London

NW4 2TH

REGISTERED NUMBER:

04225929 (England and Wales)

ACCOUNTANTS:

Robert Clow & Co

Chartered Accountants

Hartfield Place

40 - 44 High Street

Northwood

Middlesex

HA6 1BN

FIXED ASSETS

Tangible assets

2

1,036

1,294

CURRENT ASSETS

Debtors

47,854

98,872

Cash at bank

20

20

47,874

98,892

CREDITORS

Amounts falling due within one year

46,662

92,820

NET CURRENT ASSETS

1,212

6,072

TOTAL ASSETS LESS CURRENT LIABILITIES

2,248

7,366

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

2,246

7,364

SHAREHOLDERS' FUNDS

2,248

7,366

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 September 2016 and were signed on its behalf by:

Mr D Davila - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents the value of work done during the year, net of value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

20% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

and 31 May 2016

20,580

DEPRECIATION

At 1 June 2015

19,286

Charge for year

258

At 31 May 2016

19,544

NET BOOK VALUE

At 31 May 2016

1,036

At 31 May 2015

1,294

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

£

2

Ordinary

£1

2

2