REGISTERED NUMBER: 10796962 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2026

for

PACE UP MEDIA LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

T C Copeland

REGISTERED OFFICE:

Office 12 PLATF9RM

Floor 5 Tower Point

44 North Road

Brighton

BN1 1YR

REGISTERED NUMBER:

10796962 (England and Wales)

ACCOUNTANTS:

Paddenburg & Co Limited

100 Church Street

Brighton

East Sussex

BN1 1UJ

FIXED ASSETS

Tangible assets

4

8,647

8,115

CURRENT ASSETS

Stocks

9,178

5,786

Debtors

5

108,374

90,526

Cash at bank

129,661

223,594

247,213

319,906

CREDITORS

Amounts falling due within one year

6

60,219

56,842

NET CURRENT ASSETS

186,994

263,064

TOTAL ASSETS LESS CURRENT LIABILITIES

195,641

271,179

PROVISIONS FOR LIABILITIES

7

2,162

2,029

NET ASSETS

193,479

269,150

CAPITAL AND RESERVES

Called up share capital

100

118

Retained earnings

193,379

269,032

193,479

269,150

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 director and authorised for issue on 15 October 2026 and were signed by:

T C Copeland - Director

1.	STATUTORY INFORMATION

Pace Up Media Ltd 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.

Tangible fixed assets

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

Plant and machinery

-

20% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 10 (2025 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 June 2025

1,339

1,860

14,211

17,410

Additions

3,000

-

1,457

4,457

Disposals

-

(1,860

)

(1,582

)

(3,442

)

At 31 May 2026

4,339

-

14,086

18,425

DEPRECIATION

At 1 June 2025

84

1,330

7,881

9,295

Charge for year

318

-

2,988

3,306

Eliminated on disposal

-

(1,330

)

(1,493

)

(2,823

)

At 31 May 2026

402

-

9,376

9,778

NET BOOK VALUE

At 31 May 2026

3,937

-

4,710

8,647

At 31 May 2025

1,255

530

6,330

8,115

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

105,313

82,446

Other debtors

3,061

3,061

Prepayments

-

5,019

108,374

90,526

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Tax

25,161

31,189

Social security and other taxes

5,001

3,389

VAT

5,247

9,007

Other creditors

9,446

4,590

Pensions payable

1,636

1,150

Directors' loan accounts

10,328

4,617

Accrued expenses

3,400

2,900

60,219

56,842

7.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

2,162

2,029

Deferred

tax

£

Balance at 1 June 2025

2,029

Accelerated capital allowances

133

Balance at 31 May 2026

2,162

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is T C Copeland.