Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 false 2024-04-01 false No description of principal activity false 1 1 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09337657 2024-04-01 2025-03-31 09337657 2023-04-01 2024-03-31 09337657 2025-03-31 09337657 2024-03-31 09337657 c:Director1 2024-04-01 2025-03-31 09337657 d:ShareCapital 2025-03-31 09337657 d:ShareCapital 2024-03-31 09337657 d:RetainedEarningsAccumulatedLosses 2025-03-31 09337657 d:RetainedEarningsAccumulatedLosses 2024-03-31 09337657 c:FRS102 2024-04-01 2025-03-31 09337657 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09337657 c:FullAccounts 2024-04-01 2025-03-31 09337657 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09337657 d:Subsidiary1 2024-04-01 2025-03-31 09337657 d:Subsidiary1 1 2024-04-01 2025-03-31 09337657 6 2024-04-01 2025-03-31 09337657 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 09337657 PACT PRECISION ENGINEERING LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
PACT PRECISION ENGINEERING LIMITED REGISTERED NUMBER: 09337657 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investments | 4 |  | 5,025,000 |  | 5,025,000
|  |  | 5,025,000 |  | 5,025,000
Current assets |  |  |  |  |
Cash at bank and in hand | 5 | 90 |  | 84,850 |
|  | 90 |  | 84,850 |
Total assets less current liabilities |  |  | 5,025,090 |  | 5,109,850
Net assets |  |  | 5,025,090 |  | 5,109,850
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | 5,024,990 |  | 5,109,750
|  |  | 5,025,090 |  | 5,109,850
The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. Page 1
PACT PRECISION ENGINEERING LIMITED REGISTERED NUMBER: 09337657 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025 The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
................................................ S J Banfield
Director
Date: 2 October 2025
The notes on pages 3 to 6 form part of these financial statements. Page 2
PACT PRECISION ENGINEERING LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
The company is a private company limited by share capital, incorporated in England & Wales. The address of its registered office is: C/O Hillier Hopkins LLP 249 Silbury Boulevard Milton Keynes Bucks MK9 1NA United Kingdom 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies. The following principal accounting policies have been applied: Page 3
PACT PRECISION ENGINEERING LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.2 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Sale of goods Revenue from the sale of goods is recognised when all of the following conditions are satisfied: ∙the Company has transferred the significant risks and rewards of ownership to the buyer; ∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably. Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably.
| 2.3 | Valuation of investments
Investments in subsidiaries are measured at cost less accumulated impairment. Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment. Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 2.4 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value. Page 4
PACT PRECISION ENGINEERING LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.5 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Employees
| The average monthly number of employees, including the director, during the year was as follows:
|  |  | 2025 | 2024
|  |  | No. | No.
|  | Employees | 1 | 1
4. | Fixed asset investments
|  | Investments in subsidiary companies
|  | £
| Cost or valuation |
| At 1 April 2024 | 5,025,000
| At 31 March 2025 | 5,025,000
| Subsidiary undertaking
| The following was a subsidiary undertaking of the Company:
| Name | Registered office | Class of shares | Holding
| Pact Engineering Limited | C/O Hillier Hopkins LLP, 249 Silbury Boulevard, Milton Keynes, MK9 1NA, United Kingdom | Ordinary | 100%
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PACT PRECISION ENGINEERING LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 90 | 84,850
6. | Related party transactions
| Pact Precision Limited - During the year the company paid dividends to Pact Precision Limited amounting to £205,100 (2024 - £200,200) Pact Engineering Limited - During the year the company received dividend distributions amounting to £120,350 (2024 - £200,000)
7. | Parent and ultimate parent undertaking
The company's immediate parent is Pact Precision Limited, incorporated in England. These financial statements are available upon request from Pact Precision Limited, Midland Road, Luton, LU2 0HR.
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