Paceball Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: 08993127

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Cash at bank and in hand		43,177		24,865

		43,177		24,865
Creditors: Amounts Falling Due Within One Year	4	(6,301 )		(5,104 )

NET CURRENT ASSETS (LIABILITIES)			36,876		19,761

TOTAL ASSETS LESS CURRENT LIABILITIES			36,876		19,761

NET ASSETS			36,876		19,761

CAPITAL AND RESERVES
Called up share capital	5		2		2
Profit and Loss Account			36,874		19,759

SHAREHOLDERS' FUNDS			36,876		19,761

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 R M Smith

Director

10 December 2025

The notes on page 2 form part of these financial statements.

1. General Information

Paceball Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08993127 . The registered office is 3 Wellington Close, Sandalwood, Stafford, ST16 3FZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable net of trade discounts. The policies adopted for the recognition of turnover are as follows:

Coaching of 'Paceball'

When the outcome of a transaction can be estimated reliably, turnover from the coaching of 'Paceball' is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to the period to which the coaching fee relate to.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

2.3. Taxation

Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	4,015	2,938
Accruals and deferred income	1,878	1,758
Director's loan account	408	408

	6,301	5,104

5. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
2 Ordinary Shares of £ 1.00 each	2	2

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