Caseware UK (AP4) 2024.0.164 2024.0.164 2025-08-31 2025-08-31 true false false 2024-09-01 No description of principal activity 2 2 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC742363 2024-09-01 2025-08-31 SC742363 2023-09-01 2024-08-31 SC742363 2025-08-31 SC742363 2024-08-31 SC742363 c:Director1 2024-09-01 2025-08-31 SC742363 c:Director2 2024-09-01 2025-08-31 SC742363 c:RegisteredOffice 2024-09-01 2025-08-31 SC742363 d:PlantMachinery 2024-09-01 2025-08-31 SC742363 d:PlantMachinery 2025-08-31 SC742363 d:PlantMachinery 2024-08-31 SC742363 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-09-01 2025-08-31 SC742363 d:MotorVehicles 2024-09-01 2025-08-31 SC742363 d:MotorVehicles 2025-08-31 SC742363 d:MotorVehicles 2024-08-31 SC742363 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-09-01 2025-08-31 SC742363 d:ComputerEquipment 2024-09-01 2025-08-31 SC742363 d:ComputerEquipment 2025-08-31 SC742363 d:ComputerEquipment 2024-08-31 SC742363 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-09-01 2025-08-31 SC742363 d:OwnedOrFreeholdAssets 2024-09-01 2025-08-31 SC742363 d:CurrentFinancialInstruments 2025-08-31 SC742363 d:CurrentFinancialInstruments 2024-08-31 SC742363 d:CurrentFinancialInstruments d:WithinOneYear 2025-08-31 SC742363 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 SC742363 d:ShareCapital 2025-08-31 SC742363 d:ShareCapital 2024-08-31 SC742363 d:RetainedEarningsAccumulatedLosses 2025-08-31 SC742363 d:RetainedEarningsAccumulatedLosses 2024-08-31 SC742363 c:OrdinaryShareClass1 2024-09-01 2025-08-31 SC742363 c:OrdinaryShareClass1 2025-08-31 SC742363 c:OrdinaryShareClass1 2024-08-31 SC742363 c:FRS102 2024-09-01 2025-08-31 SC742363 c:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 SC742363 c:FullAccounts 2024-09-01 2025-08-31 SC742363 c:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 SC742363 6 2024-09-01 2025-08-31 SC742363 e:PoundSterling 2024-09-01 2025-08-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: SC742363 PACE PRODUCTIONS LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
PACE PRODUCTIONS LIMITED COMPANY INFORMATION
Directors | Byron Pace
| Sharon Pace
Registered number | SC742363
Registered office | Carroch Farm Cottage
| Carroch
| Kirriemuir
| Angus
| DD8 4RN
Accountants | EQ Accountants Limited
| Chartered Accountants
| Westby
| 64 West High Street
| Forfar
| Angus
| DD8 1BJ
PACE PRODUCTIONS LIMITED REGISTERED NUMBER: SC742363 STATEMENT OF FINANCIAL POSITION AS AT 31 AUGUST 2025
|  | 2025 |  | 2024
|  | £ |  | £
FIXED ASSETS |  |  |  |  |
Tangible assets | 3 |  | 79,963 |  | 75,803
Investments |  |  | 5,000 |  | -
|  |  | 84,963 |  | 75,803
CURRENT ASSETS |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 1,737 |  | 3,501 |
Cash at bank and in hand | 6 | 13,745 |  | 36,219 |
|  | 15,482 |  | 39,720 |
Creditors: amounts falling due within one year | 7 | (27,968) |  | (74,588) |
NET CURRENT LIABILITIES |  |  | (12,486) |  | (34,868)
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 72,477 |  | 40,935
PROVISIONS FOR LIABILITIES |  |  |  |  |
Deferred tax |  | (19,567) |  | - |
|  |  | (19,567) |  | -
NET ASSETS |  |  | 52,910 |  | 40,935
CAPITAL AND RESERVES |  |  |  |  |
Called up share capital |  |  | 1 |  | 1
Profit and loss account |  |  | 52,909 |  | 40,934
|  |  | 52,910 |  | 40,935
Page 1
PACE PRODUCTIONS LIMITED REGISTERED NUMBER: SC742363 STATEMENT OF FINANCIAL POSITION (CONTINUED) AS AT 31 AUGUST 2025 The directors consider 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities. 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 income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 16 April 2026.
Byron Pace
Director
The notes on pages 3 to 7 form part of these financial statements. Page 2
PACE PRODUCTIONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
1. | GENERAL INFORMATION
Pace Productions Limited is a private company, limited by shares, incorporated in Scotland with registration number SC742363. The registered office is Carroch Farm Cottage, Carroch, Kirriemuir, Scotland, DD8 4RN. The financial statements are presented in Sterling which is the functional currency of the Company and rounded to the nearest £. 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 requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 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: 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 | FINANCE COSTS
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.4 | BORROWING COSTS
All borrowing costs are recognised in profit or loss in the year in which they are incurred. Page 3
PACE PRODUCTIONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 2.ACCOUNTING POLICIES (CONTINUED)
| 2.5 | CURRENT AND DEFERRED TAXATION
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
| 2.6 | TANGIBLE FIXED ASSETS
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Plant and machinery | - | 12.5% reducing balance
|  |  |  | Motor vehicles | - | 25% reducing balance
|  |  |  | Computer equipment | - | 33% straight line
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss. Page 4
PACE PRODUCTIONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 2.ACCOUNTING POLICIES (CONTINUED)
| 2.7 | 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 reporting date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings 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 reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.
| 2.8 | PROVISIONS FOR LIABILITIES
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
3. | TANGIBLE FIXED ASSETS
|  | Plant and machinery | Motor vehicles | Computer equipment | Total
|  | £ | £ | £ | £
| COST OR VALUATION |  |  |  |
| At 1 September 2024 | 36,964 | 49,456 | 10,855 | 97,275
| Additions | 13,839 | 12,000 | - | 25,839
| At 31 August 2025 | 50,803 | 61,456 | 10,855 | 123,114
| DEPRECIATION |  |  |  |
| At 1 September 2024 | 7,491 | 10,735 | 3,246 | 21,472
| Charge for the year on owned assets | 5,416 | 12,680 | 3,583 | 21,679
| At 31 August 2025 | 12,907 | 23,415 | 6,829 | 43,151
| NET BOOK VALUE |  |  |  |
| At 31 August 2025 | 37,896 | 38,041 | 4,026 | 79,963
| At 31 August 2024 | 29,473 | 38,721 | 7,609 | 75,803
Page 5
PACE PRODUCTIONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
4. | FIXED ASSET INVESTMENTS
|  | Unlisted investments
|  | £
| COST OR VALUATION |
| Additions | 5,000
| At 31 August 2025 | 5,000
5. | DEBTORS
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | 1,737 | 3,501
|  | 1,737 | 3,501
6. | CASH AND CASH EQUIVALENTS
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 13,745 | 36,219
|  | 13,745 | 36,219
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other loans | - | 1,858
| Obligations under finance lease and hire purchase contracts | - | 3,458
| Other creditors | 27,968 | 68,222
| Accruals and deferred income | - | 1,050
|  | 27,968 | 74,588
Page 6
PACE PRODUCTIONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
8. | SHARE CAPITAL
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | ALLOTTED, CALLED UP AND FULLY PAID |  |
|  | 1 (2024 - 1) Ordinary shares share of £1.00 | 1 | 1
Page 7