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REGISTERED NUMBER: 11841076 (England and Wales)















PACE LEGAL LTD

Unaudited Financial Statements

For The Year Ended 31 December 2023






PACE LEGAL LTD (REGISTERED NUMBER: 11841076)

Contents of the Financial Statements
For The Year Ended 31 December 2023










Page

Balance Sheet 1


PACE LEGAL LTD (REGISTERED NUMBER: 11841076)

Balance Sheet
31 December 2023

2023 2022
£    £   
CURRENT ASSETS 10,724 22,508

CREDITORS
Amounts falling due within one year (6,731 ) (21,842 )
NET CURRENT ASSETS 3,993 666
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,993

666

CAPITAL AND RESERVES 3,993 666

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Pace Legal Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11841076

Registered office: Hilden Park House
79 Tonbridge Road
Hildenborough
Tonbridge
Kent
TN11 9BH

The presentation currency of the financial statements is the Pound Sterling (£).


2. BASIS OF PREPARATION

Due to the shortened accounting period in the current period, the comparative amounts presented in the financial statements (including the related notes) are not entirely comparable.

3. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2022 - 2 ) .

PACE LEGAL LTD (REGISTERED NUMBER: 11841076)

Balance Sheet - continued
31 December 2023

NOTES TO THE FINANCIAL STATEMENTS

4. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 December 2023 and the period ended 31 December 2022:

2023 2022
£    £   
P D Dempsey
Balance outstanding at start of year 2,942 -
Amounts advanced - 2,942
Amounts repaid (2,942 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 2,942

The director's loan advance is repayable within 9 months of the balance sheet date. The balance shown at the year end was the highest balance during the year. No interest has been charged on this as at no point did the balance exceed £10,000.



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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 financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2024 and were signed on its behalf by:





P D Dempsey - Director