Acorah Software Products - Accounts Production 18.1.170 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 08012733 Mr Michael Olson Miss Emma Steward iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08012733 2024-12-31 08012733 2025-12-31 08012733 2025-01-01 2025-12-31 08012733 frs-core:CurrentFinancialInstruments 2025-12-31 08012733 frs-core:Non-currentFinancialInstruments 2025-12-31 08012733 frs-core:ComputerEquipment 2025-12-31 08012733 frs-core:ComputerEquipment 2025-01-01 2025-12-31 08012733 frs-core:ComputerEquipment 2024-12-31 08012733 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 08012733 frs-bus:CompanyLimitedByGuarantee 2025-01-01 2025-12-31 08012733 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 08012733 frs-bus:SmallEntities 2025-01-01 2025-12-31 08012733 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 08012733 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 08012733 frs-bus:Director1 2025-01-01 2025-12-31 08012733 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 08012733 frs-countries:EnglandWales 2025-01-01 2025-12-31 08012733 2023-12-31 08012733 2024-12-31 08012733 2024-01-01 2024-12-31 08012733 frs-core:CurrentFinancialInstruments 2024-12-31 08012733 frs-core:Non-currentFinancialInstruments 2024-12-31 08012733 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 08012733
Psychotherapy Excellence Limited
Financial Statements
For The Year Ended 31 December 2025
Business 1st UK Ltd
Psychotherapy Excellence Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—4

Page 1
Psychotherapy Excellence Limited
Balance Sheet
As At 31 December 2025
Balance Sheet
Registered number: 08012733

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 367 |  | 1,158
|  |  | 367 |  | 1,158
CURRENT ASSETS
Debtors | 6 | 32,896 |  | 53,639 |
Cash at bank and in hand |  | 1,766,957 |  | 1,625,216 |
|  | 1,799,853 |  | 1,678,855 |
Creditors: Amounts Falling Due Within One Year | 7 | (261,726 ) |  | (391,093 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,538,127 |  | 1,287,762
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,538,494 |  | 1,288,920
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (346,100 ) |  | (346,100 )
NET ASSETS |  |  | 1,192,394 |  | 942,820
Income and Expenditure Account |  |  | 1,192,394 |  | 942,820
MEMBERS' FUNDS |  |  | 1,192,394 |  | 942,820

Page 1
Page 2
Psychotherapy Excellence Limited
Balance Sheet (continued)
As At 31 December 2025
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and Expenditure Account.
On behalf of the board

Mr Michael Olson Director
15/07/2026

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Psychotherapy Excellence Limited
Notes to the Financial Statements
For The Year Ended 31 December 2025
Notes to the Financial Statements
1. General Information
Psychotherapy Excellence Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 08012733 . The registered office is Pound Farm House, Horse Road, Hilperton, Wiltshire, BA14 7PD.
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. 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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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.
2.3. 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:

Computer Equipment | 33% per annum straight line

2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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 surplus.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 3)
4 3
4. Tangible Assets

| Computer Equipment
--- | ---
| £
Cost
As at 1 January 2025 | 10,081
As at 31 December 2025 | 10,081
Depreciation
As at 1 January 2025 | 8,923
Provided during the period | 791
As at 31 December 2025 | 9,714

...CONTINUED
Page 3
Page 4
Psychotherapy Excellence Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025

Net Book Value
As at 31 December 2025 | 367
As at 1 January 2025 | 1,158

6. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 8,939 |  | 39,761
Prepayments and accrued income | 23,957 |  | 13,878
| 32,896 |  | 53,639

7. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 65,002 |  | 68,243
Other creditors | 53,841 |  | 90,215
Taxation and social security | 142,883 |  | 232,635
| 261,726 |  | 391,093

8. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Amounts owed to group undertakings | 346,100 |  | 346,100

9. Related Party Transactions
During the year the company paid PESI INC (its ultimate parent company) £150,724 in professional fees in relation to a monthly service charge fee (2024: £118,821).
During the year the company paid PESI INC (its parent company) £456,772 in royalties in relation to the company's sales of PESI INC products (2024: £558,193).
During the year the company received from PESI INC (its parent company) £50,609 in royalties in relation to PESI INC sales of the company's products (2024: £96,245).
During the year company paid PESI AU (its sister company, whose ultimate parent company is PESI INC) £23,141 in relation to the company's sales of PESI AU products (2024: £8,324).
During the year the company received from PESI AU (its sister company, whose ultimate parent company is PESI INC) £12,501 in royalties in relation to PESI AU sales of the company's products (2024: £27,220).
10. Company limited by guarantee
The company is limited by guarantee and has no share capital. Psychotherapy Excellence Ltd trades under the name PESI UK and is a subsidiary of PESI INC, a company incorporated in the United States. PESI Inc is the ultimate parent company of Psychotherapy Excellence Ltd T/A PESI UK.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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