Acorah Software Products - Accounts Production 19.4.351 false true true 31 January 2025 1 February 2024 false 1 February 2025 31 January 2026 31 January 2026 09442069 Radu Uluiteanu true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09442069 2025-01-31 09442069 2026-01-31 09442069 2025-02-01 2026-01-31 09442069 frs-core:CurrentFinancialInstruments 2026-01-31 09442069 frs-core:Non-currentFinancialInstruments 2026-01-31 09442069 frs-core:BetweenOneFiveYears 2026-01-31 09442069 frs-core:ComputerEquipment 2025-02-01 2026-01-31 09442069 frs-core:FurnitureFittings 2025-02-01 2026-01-31 09442069 frs-core:MotorVehicles 2026-01-31 09442069 frs-core:MotorVehicles 2025-02-01 2026-01-31 09442069 frs-core:MotorVehicles 2025-01-31 09442069 frs-core:PlantMachinery 2026-01-31 09442069 frs-core:PlantMachinery 2025-02-01 2026-01-31 09442069 frs-core:PlantMachinery 2025-01-31 09442069 frs-core:WithinOneYear 2026-01-31 09442069 frs-core:ShareCapital 2026-01-31 09442069 frs-core:RetainedEarningsAccumulatedLosses 2026-01-31 09442069 frs-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 09442069 frs-bus:FilletedAccounts 2025-02-01 2026-01-31 09442069 frs-bus:SmallEntities 2025-02-01 2026-01-31 09442069 frs-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 09442069 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 09442069 1 2025-02-01 2026-01-31 09442069 frs-bus:Director1 2025-02-01 2026-01-31 09442069 frs-bus:Director1 2025-01-31 09442069 frs-bus:Director1 2026-01-31 09442069 frs-countries:EnglandWales 2025-02-01 2026-01-31 09442069 2024-01-31 09442069 2025-01-31 09442069 2024-02-01 2025-01-31 09442069 frs-core:CurrentFinancialInstruments 2025-01-31 09442069 frs-core:Non-currentFinancialInstruments 2025-01-31 09442069 frs-core:BetweenOneFiveYears 2025-01-31 09442069 frs-core:WithinOneYear 2025-01-31 09442069 frs-core:ShareCapital 2025-01-31 09442069 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31
Registered number: 09442069
Pepe Construction Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2026
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—6
Page 1
Statement of Financial Position
Registered number: 09442069
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 216,795 210,752
216,795 210,752
CURRENT ASSETS
Stocks 5 46,000 30,000
Debtors 6 1,092,881 908,926
Cash at bank and in hand 1,302,251 1,560,920
2,441,132 2,499,846
Creditors: Amounts Falling Due Within One Year 7 (118,260 ) (151,742 )
NET CURRENT ASSETS (LIABILITIES) 2,322,872 2,348,104
TOTAL ASSETS LESS CURRENT LIABILITIES 2,539,667 2,558,856
Creditors: Amounts Falling Due After More Than One Year 8 (46,586 ) (15,600 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (52,688 )
NET ASSETS 2,493,081 2,490,568
CAPITAL AND RESERVES
Called up share capital 9 100 100
Income Statement 2,492,981 2,490,468
SHAREHOLDERS' FUNDS 2,493,081 2,490,568
Page 1
Page 2
For the year ending 31 January 2026 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 Statement.
On behalf of the board
Radu Uluiteanu
Director
17/09/2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Pepe Construction Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09442069 . The registered office is 12 Mulberry Place, Pinnell Road, London, SE9 6AR.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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:
Plant & Machinery, etc 25% reducing balance method
Motor Vehicles 25% reducing balance method
Fixtures & Fittings 25% reducing balance method
Computer Equipment 25% straight line method
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.
2.6. 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.
Page 3
Page 4
2.7. 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 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2025: 4)
5 4
4. Tangible Assets
Plant & Machinery, etc Motor Vehicles Total
£ £ £
Cost
As at 1 February 2025 312,766 241,452 554,218
Additions 35,658 47,000 82,658
Disposals - (7,800 ) (7,800 )
As at 31 January 2026 348,424 280,652 629,076
Depreciation
As at 1 February 2025 194,242 149,224 343,466
Provided during the period 40,253 35,289 75,542
Disposals - (6,727 ) (6,727 )
As at 31 January 2026 234,495 177,786 412,281
Net Book Value
As at 31 January 2026 113,929 102,866 216,795
As at 1 February 2025 118,524 92,228 210,752
Page 4
Page 5
5. Stocks
2026 2025
£ £
Materials 12,000 7,000
Work in progress 34,000 23,000
46,000 30,000
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 54,006 124,785
Prepayments and accrued income 271,648 25,667
Other debtors 4,540 6,440
Corporation tax recoverable assets 71,202 71,202
Other taxes and social security 10,653 -
Director's loan account 213,712 213,712
Amounts owed by group undertakings and other participating interests 467,120 467,120
1,092,881 908,926
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 60,026 57,037
Corporation tax 305 48,905
Other taxes and social security - 649
Finance lease and HP contracts 34,188 21,066
Other creditors 7,271 673
Accruals and deferred income 16,470 23,412
118,260 151,742
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Finance lease & HP contracts 46,586 15,600
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
Page 5
Page 6
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2026 2025
£ £
Not later than one year 25,200 24,000
Later than one year and not later than five years 100,800 96,000
126,000 120,000
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2025 Amounts advanced Amounts repaid Amounts written off As at 31 January 2026
£ £ £ £ £
Mr Radu Uluiteanu 213,712 - - - 213,712
12. Ultimate Controlling Party
The immediate and ultimate controlling parties are the joint shareholders, Mr Radu and Mrs Petrina Uluiteanu.
Page 6