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PEACH TECHNOLOGIES LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Peach Technologies Limited is a private company limited by shares and incorporated in England and Wales under
the Companies Act 2006. The address of the registered office is given on the company information page and the
nature of the Companys' operations and its principle activities are set out in the directors' report.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
IThere is no intention to acquire a replacement trade, the Directors have not prepared the Financial Statements on a going concern basis.
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3.Other financial commitments
The group, consisting of Solent Group Holdings Limited, Tailor Made Technologies Limited and Peach Technologies
Limited have in place a group overdraft facility of £300,000 (2022 - £300,000). Each of the members of the group
has entered into a cross guarantee agreement in respect of this facility. At the year end the amount drawn on the
facility across the group was £Nil (2022 - £Nil).
The parent of Peach Technologies Limited is Solent Group Holdings Limited and its registered office is as
follows:
Forum 5 Solent Business Park, Whiteley, Fareham, Hampshire, United Kingdom, PO15 7PA.
Solent Group Holdings Limited is the smallest company for which consolidated accounts, including this company are
prepared. Consolidated accounts are available from its registered office as stated above.
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