Acorah Software Products - Accounts Production 19.2.450 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 03126822 Simon Parke Simon Stephens Matthew Symonds Anne Stephens Joanne Wright-Symonds Rachel Parke Peak Group Hold Co Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03126822 2025-03-31 03126822 2026-03-31 03126822 2025-04-01 2026-03-31 03126822 frs-core:CurrentFinancialInstruments 2026-03-31 03126822 frs-core:Non-currentFinancialInstruments 2026-03-31 03126822 frs-core:ComputerEquipment 2025-04-01 2026-03-31 03126822 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-04-01 2026-03-31 03126822 frs-core:FurnitureFittings 2026-03-31 03126822 frs-core:FurnitureFittings 2025-04-01 2026-03-31 03126822 frs-core:FurnitureFittings 2025-03-31 03126822 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2026-03-31 03126822 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-04-01 2026-03-31 03126822 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 03126822 frs-core:OtherResidualIntangibleAssets 2026-03-31 03126822 frs-core:OtherResidualIntangibleAssets 2025-04-01 2026-03-31 03126822 frs-core:OtherResidualIntangibleAssets 2025-03-31 03126822 frs-core:PlantMachinery 2026-03-31 03126822 frs-core:PlantMachinery 2025-04-01 2026-03-31 03126822 frs-core:PlantMachinery 2025-03-31 03126822 frs-core:ShareCapital 2026-03-31 03126822 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 03126822 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 03126822 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 03126822 frs-bus:SmallEntities 2025-04-01 2026-03-31 03126822 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 03126822 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 03126822 1 2025-04-01 2026-03-31 03126822 frs-bus:Director1 2025-04-01 2026-03-31 03126822 frs-bus:Director1 2025-03-31 03126822 frs-bus:Director1 2026-03-31 03126822 frs-bus:Director2 2025-04-01 2026-03-31 03126822 frs-bus:Director2 2025-03-31 03126822 frs-bus:Director2 2026-03-31 03126822 frs-bus:Director3 2025-04-01 2026-03-31 03126822 frs-bus:Director3 2025-03-31 03126822 frs-bus:Director3 2026-03-31 03126822 frs-bus:Director4 2025-04-01 2026-03-31 03126822 frs-bus:Director5 2025-04-01 2026-03-31 03126822 frs-bus:Director6 2025-04-01 2026-03-31 03126822 frs-countries:EnglandWales 2025-04-01 2026-03-31 03126822 2024-03-31 03126822 2025-03-31 03126822 2024-04-01 2025-03-31 03126822 frs-core:CurrentFinancialInstruments 2025-03-31 03126822 frs-core:Non-currentFinancialInstruments 2025-03-31 03126822 frs-core:ShareCapital 2025-03-31 03126822 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 03126822
Peak NDT Limited
Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 03126822
2026 2025
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 3 1,393,762 1,403,014
Tangible Assets 4 728,476 762,639
2,122,238 2,165,653
CURRENT ASSETS
Stocks 5 497,359 570,524
Debtors 6 475,831 409,962
Cash at bank and in hand 164,859 73,928
1,138,049 1,054,414
Creditors: Amounts Falling Due Within One Year 7 (303,583 ) (416,007 )
NET CURRENT ASSETS (LIABILITIES) 834,466 638,407
TOTAL ASSETS LESS CURRENT LIABILITIES 2,956,704 2,804,060
Creditors: Amounts Falling Due After More Than One Year 8 (267,953 ) (183,218 )
PROVISIONS FOR LIABILITIES
Provisions For Charges (89,918 ) (125,854 )
Deferred Taxation (11,111 ) (8,830 )
NET ASSETS 2,587,722 2,486,158
CAPITAL AND RESERVES
Called up share capital 9 100 100
Income Statement 2,587,622 2,486,058
SHAREHOLDERS' FUNDS 2,587,722 2,486,158
Page 1
Page 2
For the year ending 31 March 2026 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 Income Statement.
On behalf of the board
Simon Parke
Director
15/07/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
1.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets include intellectual property. It is amortised to the income statement over its estimated economic life of 5 years.
1.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 15% on reducing balance and 1% on cost
Plant & Machinery 33% on cost and 15% on reducing balance
Leased Assets 33% Straight line
Computer Equipment 33% reducing balance
1.5. 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.
1.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
1.7. 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 year 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.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 20 (2025: 23)
20 23
Page 3
Page 4
3. Intangible Assets
Other
£
Cost
As at 1 April 2025 2,768,922
Additions 680,666
As at 31 March 2026 3,449,588
Amortisation
As at 1 April 2025 1,365,908
Provided during the period 689,918
As at 31 March 2026 2,055,826
Net Book Value
As at 31 March 2026 1,393,762
As at 1 April 2025 1,403,014
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Leased Assets Total
£ £ £ £
Cost
As at 1 April 2025 878,609 287,939 61,360 1,227,908
Additions - 10,679 - 10,679
As at 31 March 2026 878,609 298,618 61,360 1,238,587
Depreciation
As at 1 April 2025 200,294 224,067 40,908 465,269
Provided during the period 9,043 15,347 20,452 44,842
As at 31 March 2026 209,337 239,414 61,360 510,111
Net Book Value
As at 31 March 2026 669,272 59,204 - 728,476
As at 1 April 2025 678,315 63,872 20,452 762,639
5. Stocks
2026 2025
£ £
Stock 417,242 482,144
Work in progress 80,117 88,380
497,359 570,524
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Page 5
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 327,052 368,359
Other debtors 148,779 41,603
475,831 409,962
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 126,556 339,123
Bank loans and overdrafts 71,249 31,686
Other creditors 65,658 23,396
Taxation and social security 40,120 21,802
303,583 416,007
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 267,953 183,218
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans to directors:
As at 1 April 2025 Amounts advanced Amounts repaid Amounts written off As at 31 March 2026
£ £ £ £ £
Simon Parke - 52,957 10,321 - 42,636
Simon Stephens - 10,500 10,321 - 179
Matthew Symonds - 10,735 7,273 - 3,462
The above loan is unsecured, interest free and repayable on demand.
11. Ultimate Controlling Party
The company's ultimate controlling party is Peak Group Hold Co Limited by virtue of his ownership of 100% of the issued share capital in the company.
Page 5