Acorah Software Products - Accounts Production 16.2.850 false true 28 September 2023 29 September 2022 false 29 September 2023 28 September 2024 28 September 2024 05143220 Ms Donna Peach Mr Mark Peach Mrs Sharon Peach Ms Donna Peach iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05143220 2023-09-28 05143220 2024-09-28 05143220 2023-09-29 2024-09-28 05143220 frs-core:CurrentFinancialInstruments 2024-09-28 05143220 frs-core:Non-currentFinancialInstruments 2024-09-28 05143220 frs-core:ShareCapital 2024-09-28 05143220 frs-core:RetainedEarningsAccumulatedLosses 2024-09-28 05143220 frs-bus:PrivateLimitedCompanyLtd 2023-09-29 2024-09-28 05143220 frs-bus:FilletedAccounts 2023-09-29 2024-09-28 05143220 frs-bus:SmallEntities 2023-09-29 2024-09-28 05143220 frs-bus:AuditExempt-NoAccountantsReport 2023-09-29 2024-09-28 05143220 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-29 2024-09-28 05143220 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-09-28 05143220 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-09-28 05143220 frs-core:UnlistedNon-exchangeTraded 2024-09-28 05143220 frs-core:UnlistedNon-exchangeTraded 2023-09-28 05143220 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-09-28 05143220 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-09-28 05143220 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-09-28 05143220 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-09-28 05143220 frs-bus:Director1 2023-09-29 2024-09-28 05143220 frs-bus:Director1 2023-09-28 05143220 frs-bus:Director1 2024-09-28 05143220 frs-bus:Director2 2023-09-29 2024-09-28 05143220 frs-bus:Director2 2023-09-28 05143220 frs-bus:Director2 2024-09-28 05143220 frs-bus:Director3 2023-09-29 2024-09-28 05143220 frs-bus:Director3 2023-09-28 05143220 frs-bus:Director3 2024-09-28 05143220 frs-bus:CompanySecretary1 2023-09-29 2024-09-28 05143220 frs-countries:EnglandWales 2023-09-29 2024-09-28 05143220 2022-09-28 05143220 2023-09-28 05143220 2022-09-29 2023-09-28 05143220 frs-core:CurrentFinancialInstruments 2023-09-28 05143220 frs-core:Non-currentFinancialInstruments 2023-09-28 05143220 frs-core:ShareCapital 2023-09-28 05143220 frs-core:RetainedEarningsAccumulatedLosses 2023-09-28 05143220 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-09-28
Registered number: 05143220
A Peach Holdings Limited
Unaudited Financial Statements
For The Year Ended 28 September 2024
Johnston Wood Roach Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05143220
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 2,461,617 2,461,617
Investments 5 101 101
2,461,718 2,461,718
CURRENT ASSETS
Stocks 6 173,637 173,637
Debtors 7 406,492 466,283
Cash at bank and in hand 26,168 1,320
606,297 641,240
Creditors: Amounts Falling Due Within One Year 8 (243,734 ) (287,541 )
NET CURRENT ASSETS (LIABILITIES) 362,563 353,699
TOTAL ASSETS LESS CURRENT LIABILITIES 2,824,281 2,815,417
Creditors: Amounts Falling Due After More Than One Year 9 (8,111 ) (15,604 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (158,561 ) (158,561 )
NET ASSETS 2,657,609 2,641,252
CAPITAL AND RESERVES
Called up share capital 10 100 100
Fair value reserve 12 675,970 675,970
Profit and Loss Account 1,981,539 1,965,182
SHAREHOLDERS' FUNDS 2,657,609 2,641,252
Page 1
Page 2
For the year ending 28 September 2024 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms Donna Peach
Director
26 June 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
A Peach Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05143220 . The registered office is 24 Picton House, Hussar Court, Waterlooville, Hampshire, P07 7SQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Significant judgements and estimations
In preparing the financial statements in accordance with FRS 102, management is required to make judgements,
estimates, and assumptions that affect the application of accounting policies and the reported amounts of assets,
liabilities, income, and expenses. Actual results may differ from these estimates.
Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are
recognised in the period in which the estimate is revised if the revision affects only that period or in the period of
the revision and future periods if the revision affects both current and future periods.
2.3. Turnover
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
Page 3
Page 4
4. Investment Property
2024
£
Fair Value
As at 29 September 2023 and 28 September 2024 2,461,617
5. Investments
Unlisted
£
Cost
As at 29 September 2023 101
As at 28 September 2024 101
Provision
As at 29 September 2023 -
As at 28 September 2024 -
Net Book Value
As at 28 September 2024 101
As at 29 September 2023 101
6. Stocks
2024 2023
£ £
Work in progress 173,637 173,637
7. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 404,899 464,390
Other debtors 1,593 1,893
406,492 466,283
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 307 199
Bank loans and overdrafts 7,493 7,323
Amounts owed to group undertakings 30,011 -
Other creditors 146,863 200,533
Taxation and social security 59,060 79,486
243,734 287,541
Page 4
Page 5
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 8,111 15,604
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 29 September 2023 Amounts advanced Amounts repaid Amounts written off As at 28 September 2024
£ £ £ £ £
Ms Donna Peach 1,035 14,500 (10,000 ) - 735
Mr Mark Peach - 49,618 49,876 - (257 )
Mrs Sharon Peach (199,093 ) 182,538 (127,134 ) - (143,689 )
The above loan is unsecured, interest free and repayable on demand.
12. Reserves
Fair Value Reserve
£
As at 29 September 2023 675,970
As at 28 September 2024 675,970
Page 5