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Company Registration No. 13385618 (England and Wales)
Stac Partners Ltd Unaudited accounts for the year ended 30 April 2024
Stac Partners Ltd Unaudited accounts Contents
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Stac Partners Ltd Company Information for the year ended 30 April 2024
Directors
A Henderson L Tsutsumi
Company Number
13385618 (England and Wales)
Registered Office
27 Old Gloucester Street London WC1N 3AX
Accountants
CMM Accountancy (Inverness) Limited The Green House Beechwood Business Park North Inverness IV2 3BL
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Stac Partners Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,471 
1,409 
Current assets
Debtors
20,167 
12,932 
Cash at bank and in hand
114,529 
136,744 
134,696 
149,676 
Creditors: amounts falling due within one year
(24,066)
(35,528)
Net current assets
110,630 
114,148 
Net assets
112,101 
115,557 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
112,099 
115,555 
Shareholders' funds
112,101 
115,557 
For the year ending 30 April 2024 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 January 2025 and were signed on its behalf by
A Henderson Director Company Registration No. 13385618
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Stac Partners Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Stac Partners Ltd is a private company, limited by shares, registered in England and Wales, registration number 13385618. The registered office is 27 Old Gloucester Street, London, WC1N 3AX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% straight line
Computer equipment
25% straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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Stac Partners Ltd Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 May 2023
2,285 
Additions
556 
At 30 April 2024
2,841 
Depreciation
At 1 May 2023
876 
Charge for the year
494 
At 30 April 2024
1,370 
Net book value
At 30 April 2024
1,471 
At 30 April 2023
1,409 
5
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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