Registration number: 05257542

PeterGower Limited

Contents

Company Information	1
Directors' Report	2
Profit and Loss Account and Statement of Retained Earnings	3
Balance Sheet	4
Notes to the Unaudited Financial Statements	5 to 8
iXBRL Detailed Profit and Loss Account	9

PeterGower Limited

Company Information

Directors

P J Gower S A Gower

Company secretary

S A Gower

Registered office

39 High Street Battle East Sussex England TN33 0EE

Accountants

Manningtons Chartered AccountantsVictoria House The Moor Hawkhurst Kent TN18 4NR

PeterGower Limited

Directors' Report for the Year Ended 31 March 2026

The directors present their report and the financial statements for the year ended 31 March 2026.

Directors of the company

The directors who held office during the year were as follows:

P J Gower

S A Gower - Company secretary and director

Principal activity

The principal activity of the company is IT consultancy

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 4 August 2026 and signed on its behalf by:
 

......................................... S A Gower Company secretary and director

PeterGower Limited

Profit and Loss Account and Statement of Retained Earnings for the Year Ended 31 March 2026

	Note	2026 £	2025 £
Turnover		113,600	101,350
Administrative expenses		(38,978)	(33,722)
Operating profit		74,622	67,628
Other interest receivable and similar income		762	1,244
Interest payable and similar charges		-	(79)
		762	1,165
Profit before tax	4	75,384	68,793
Taxation		(18,462)	(13,059)
Profit for the financial year		56,922	55,734
Retained earnings brought forward		120,850	105,116
Dividends paid		(40,000)	(40,000)
Retained earnings carried forward		137,772	120,850

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

PeterGower Limited

(Registration number: 05257542)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	30,883	35,981
Current assets
Debtors	6	21,600	19,030
Cash at bank and in hand		112,633	83,400
		134,233	102,430
Creditors: Amounts falling due within one year	7	(19,622)	(10,723)
Net current assets		114,611	91,707
Total assets less current liabilities		145,494	127,688
Provisions for liabilities		(7,721)	(6,837)
Net assets		137,773	120,851
Capital and reserves
Called up share capital		1	1
Retained earnings		137,772	120,850
Shareholders' funds		137,773	120,851

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 4 August 2026 and signed on its behalf by:
 

......................................... P J Gower Director

PeterGower Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
39 High Street
Battle
East Sussex
TN33 0EE
England

The principal place of business is:
20 Watercroft Road
Halstead
Sevenoaks
Kent
TN14 7DP

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is the Pound Sterling (£).

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

PeterGower Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	25% straight line
Motor vehicles	20% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

PeterGower Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

4	Profit before tax

Arrived at after charging/(crediting)

	2026 £	2025 £
Depreciation expense	10,239	4,682

PeterGower Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

5	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2025	17,024	32,009	49,033
Additions	5,141	-	5,141
At 31 March 2026	22,165	32,009	54,174
Depreciation
At 1 April 2025	10,918	2,134	13,052
Charge for the year	3,837	6,402	10,239
At 31 March 2026	14,755	8,536	23,291
Carrying amount
At 31 March 2026	7,410	23,473	30,883
At 31 March 2025	6,106	29,875	35,981

6

Debtors

	2026 £	2025 £
Trade debtors	18,000	18,000
Taxation and social security	3,600	1,030
	21,600	19,030

7

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Taxation and social security	17,578	8,992
Accruals and deferred income	1,420	1,420
Other creditors	-	(1)
Director loan account	624	312
	19,622	10,723

PeterGower Limited

iXBRL Detailed Profit and Loss Account for the Year Ended 31 March 2026

	2026 £	2025 £
Turnover/revenue	113,600	101,350
Cost of sales
Distribution costs
Administrative expenses
Audit and accountancy other services	(1,050)	(1,080)
Depreciation of Fixed assets	(10,239)	(4,682)
Vehicle costs	(583)	-
Salaries and fees, directors	(25,140)	(20,641)
Social security costs, directors	(26)	(4,499)
Staff costs, directors	(25,166)	(25,140)
Staff entertaining	(202)	-
Bank charges	(11)	(11)
IT and computing	(689)	(1,700)
Telecommunications	(692)	(699)
Other operational and administration costs	(346)	(346)
Other operating income
Other items
Loss from disposal of Fixed assets	-	(64)
Profit on ordinary activities before finance charges and interest	74,622	67,628
Bank interest and similar income receivable	762	1,244
Non-bank interest and similar charges	-	(79)
Profit on ordinary activities before taxation	75,384	68,793
Tax on profit or loss on ordinary activities	(18,462)	(13,059)
Profit for the financial year	56,922	55,734