REGISTERED NUMBER: 05847949 (England and Wales)

PACE TECHNOLOGY UK LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr S A Kealey

Mrs J C Kealey

Mr C E De Araujo E Campos

Mr F Jacobs

SECRETARY:

Mrs J C Kealey

REGISTERED OFFICE:

Field Lodge West End

Rawcliffe

Goole

East Yorkshire

DN14 8RW

REGISTERED NUMBER:

05847949 (England and Wales)

AUDITORS:

Rackhams Accountants Limited

Statutory Auditors

3 Melton Park

Redcliff Road

Melton

East Yorkshire

HU14 3RS

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

253,191

381,505

253,191

381,505

CURRENT ASSETS

Stocks

6

631,015

649,885

Debtors

7

513,565

404,204

Cash at bank

673,631

1,759,716

1,818,211

2,813,805

CREDITORS

Amounts falling due within one year

8

1,099,505

920,814

NET CURRENT ASSETS

718,706

1,892,991

TOTAL ASSETS LESS CURRENT LIABILITIES

971,897

2,274,496

PROVISIONS FOR LIABILITIES

62,388

94,408

NET ASSETS

909,509

2,180,088

CAPITAL AND RESERVES

Called up share capital

1,002

1,002

Retained earnings

908,507

2,179,086

SHAREHOLDERS' FUNDS

909,509

2,180,088

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 July 2026 and were signed on its behalf by:

Mrs J C Kealey - Director

1.	STATUTORY INFORMATION

Pace Technology UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

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

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2025 - 20 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

20,000

AMORTISATION

At 1 April 2025

and 31 March 2026

20,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Motor

and

Equipment

vehicles

fittings

Totals

£

£

£

£

COST

At 1 April 2025

85,432

519,087

12,146

616,665

Additions

4,178

49,515

1,328

55,021

Disposals

(12,542

)

(186,550

)

-

(199,092

)

At 31 March 2026

77,068

382,052

13,474

472,594

DEPRECIATION

At 1 April 2025

50,319

178,898

5,943

235,160

Charge for year

9,077

78,359

1,660

89,096

Eliminated on disposal

(10,347

)

(94,506

)

-

(104,853

)

At 31 March 2026

49,049

162,751

7,603

219,403

NET BOOK VALUE

At 31 March 2026

28,019

219,301

5,871

253,191

At 31 March 2025

35,113

340,189

6,203

381,505

6.

STOCKS

2026

2025

£

£

Stocks

631,015

649,885

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

486,997

305,007

Other debtors

-

1

Prepayments and accrued income

26,568

99,196

513,565

404,204

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

59,735

97,159

Tax

121,214

61,765

VAT

88,376

52,864

Directors' current accounts

343

133

Accruals and deferred income

829,837

708,893

1,099,505

920,814

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mr Trevor Mark Rackham (Senior Statutory Auditor)

for and on behalf of Rackhams Accountants Limited