01 September 2024 false No description of principal activity HyperTax 2026.01 15090419 business:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 15090419 business:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 15090419 business:FilletedAccounts 2024-09-01 2025-08-31 15090419 2024-09-01 2025-08-31 15090419 2025-08-31 15090419 2022-03-31 15090419 2023-08-22 2024-08-31 15090419 2024-08-31 15090419 business:Director1 2024-09-01 2025-08-31 15090419 business:RegisteredOffice 2024-09-01 2025-08-31 15090419 core:WithinOneYear 2025-08-31 15090419 core:WithinOneYear 2024-08-31 15090419 core:AfterOneYear 2025-08-31 15090419 core:AfterOneYear 2024-08-31 15090419 core:ShareCapital core:PreviouslyStatedAmount 2025-08-31 15090419 core:ShareCapital core:PreviouslyStatedAmount 2024-08-31 15090419 core:SharePremium core:PreviouslyStatedAmount 2025-08-31 15090419 core:SharePremium core:PreviouslyStatedAmount 2024-08-31 15090419 core:RevaluationReserve core:PreviouslyStatedAmount 2025-08-31 15090419 core:RevaluationReserve core:PreviouslyStatedAmount 2024-08-31 15090419 core:InvestmentPropertiesRevaluationReserve core:PreviouslyStatedAmount 2025-08-31 15090419 core:InvestmentPropertiesRevaluationReserve core:PreviouslyStatedAmount 2024-08-31 15090419 core:CapitalRedemptionReserve core:PreviouslyStatedAmount 2025-08-31 15090419 core:CapitalRedemptionReserve core:PreviouslyStatedAmount 2024-08-31 15090419 core:CapitalContributionReserve core:PreviouslyStatedAmount 2025-08-31 15090419 core:CapitalContributionReserve core:PreviouslyStatedAmount 2024-08-31 15090419 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-08-31 15090419 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-08-31 15090419 core:PreviouslyStatedAmount 2025-08-31 15090419 core:PreviouslyStatedAmount 2024-08-31 15090419 business:SmallEntities 2024-09-01 2025-08-31 iso4217:GBP xbrli:pure
Company Registration No. 15090419 (England & Wales)
Pace Motorsport Holdings Limited
Unaudited Accounts
for the period ended 31 August 2025
Pace Motorsport Holdings Limited
Statement of financial position
as at 31 August 2025
2025
2024
Fixed assets
Investments
4
1,687,500
1,687,500
1,687,500
1,687,500
Current assets
Debtors
-
1
-
1
Creditors: amounts falling due within one period
5
(393)
(214)
Net current assets
(393)
(213)
Total assets less current liabilities
1,687,107
1,687,287
Net assets
1,687,107
1,687,287
Capital and reserves
Called up share capital
1
1
Revaluation reserve
1,687,500
1,687,500
Profit and loss account
(394)
(214)
Shareholder funds
1,687,107
1,687,287
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts 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 were approved by the Board of Directors and authorised for issue on 15 May 2026 and were signed on its behalf by .............................................................. Douglas James Robinson Director Company Registration Number: 15090419
Pace Motorsport Holdings Limited
Notes to the Accounts
for the period ended 31 August 2025
1. Statutory information
Pace Motorsport Holdings Limited is a private company, limited by shares, registered in England & Wales, registration number 15090419. The registered office is Unit 1 Focus Business Park, Old Buckenham, Attleborough, NR17 1GY.
2. Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3. Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4. Investments
Other
Total
investment
Valuation at 1 September 2024
1,687,500
1,687,500
Valuation at 31 August 2025
1,687,500
1,687,500
5. Creditors: amounts falling due within one period
2025
2024
Loans from directors
213
-
Accruals
180
214
393
214
6. Average number of employees
During the period the average number of employees was 0 (2024: 0).