Psychotherapy Excellence Limited

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

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

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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.

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. 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

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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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