2024-01-012024-12-312024-12-31false11301314RIGHT STACK 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RIGHT STACK LTD

Registered Number
11301314
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2024

RIGHT STACK LTD
Company Information
for the year from 1 January 2024 to 31 December 2024

Director

YELCI, Mehmet Fatih

Registered Address

86-90 Paul Street
London
EC2A 4NE

Registered Number

11301314 (England and Wales)
RIGHT STACK LTD
Balance Sheet as at
31 December 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets32,1023,274
2,1023,274
Current assets
Debtors26,49627,251
Cash at bank and on hand144,46879,918
170,964107,169
Creditors amounts falling due within one year4(31,918)(20,548)
Net current assets (liabilities)139,04686,621
Total assets less current liabilities141,14889,895
Accruals and deferred income-(475)
Net assets141,14889,420
Capital and reserves
Called up share capital250250
Profit and loss account140,89889,170
Shareholders' funds141,14889,420
The financial statements were approved and authorised for issue by the Director on 26 February 2025, and are signed on its behalf by:
YELCI, Mehmet Fatih
Director
Registered Company No. 11301314
RIGHT STACK LTD
Notes to the Financial Statements
for the year ended 31 December 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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 fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment4
2.Average number of employees

20242023
Average number of employees during the year22
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 January 244,692
At 31 December 244,692
Depreciation and impairment
At 01 January 241,417
Charge for year1,173
At 31 December 242,590
Net book value
At 31 December 242,102
At 31 December 233,274
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables1226
Taxation and social security31,66320,521
Other creditors2431
Total31,91820,548
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.