Pioneers Trading Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 09244994 (England and Wales)

PIONEERS TRADING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 NOVEMBER 2015 TO 31 DECEMBER 2016

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

M Sheikh-Ali

Registered office:

18a Mulberry Crescent

Brentford

Middlesex

TW8 8ND

Registered number:

09244994 (England and Wales)

Accountants:

M. Parmar & Co.

Chartered Accountants

First Floor

244 Edgware Road

London

W2 1DS

Current assets

Debtors

2

3,108

-

Cash at bank

47,293

1,000

50,401

1,000

Creditors

Amounts falling due within one year

3

47,453

-

Net current assets

2,948

1,000

Total assets less current liabilities

2,948

1,000

Capital and reserves

Called up share capital

4

1,000

1,000

Profit and loss account

5

1,948

-

Shareholders' funds

2,948

1,000

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

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

The director acknowledges his 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 13 July 2017 and were signed by:

M El Husseini - Director

M Raya - 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 net invoiced sales of goods, excluding value added tax.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.

Debtors: amounts falling due within one year

2016

2015

£

£

Trade debtors

3,108

-

3.

Creditors: amounts falling due within one year

2016

2015

£

£

Trade creditors

32,175

-

Taxation and social security

872

-

Other creditors

14,406

-

47,453

-

4.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

1,000

Ordinary

1

1,000

1,000

5.

Reserves

Profit and

loss

account

£

Profit for the period

1,948

At 31 December 2016

1,948