Registered number
02401693
Addstack Limited
Filleted Accounts
31 December 2024
Addstack Limited
Registered number: 02401693
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 69,081 31,231
Investments 4 - 25,000
69,081 56,231
Current assets
Debtors 5 215,699 205,559
Cash at bank and in hand 160,780 185,413
376,479 390,972
Creditors: amounts falling due within one year 6 (349,154) (210,800)
Net current assets 27,325 180,172
Total assets less current liabilities 96,406 236,403
Creditors: amounts falling due after more than one year 7 (8,566) (13,224)
Net assets 87,840 223,179
Capital and reserves
Called up share capital 501 501
Profit and loss account 87,339 222,678
Shareholder's funds 87,840 223,179
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
W Colston
Director
Approved by the board on 22 April 2025
Addstack Limited
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Going Concern
After reviewing the company’s expectations and future trading conditions, the directors have a reasonable expectation that the company has adequate resources to continue in operational
existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
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 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Fixtures, fittings, tools and equipment 25% reducing balance
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 4 4
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2024 48,013
Additions 60,878
At 31 December 2024 108,891
Depreciation
At 1 January 2024 16,782
Charge for the year 23,028
At 31 December 2024 39,810
Net book value
At 31 December 2024 69,081
At 31 December 2023 31,231
4 Investments
Other
investments
£
Cost
At 1 January 2024 25,000
Disposals (25,000)
At 31 December 2024 -
5 Debtors 2024 2023
£ £
Trade debtors 206,399 112,572
VAT recoverable 80,087
Other debtors 9,300 12,900
215,699 205,559
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 10,868 8,598
Obligations under finance lease and hire purchase contracts 8,107 9,047
Trade creditors 6,944 23,898
Amounts owed to group undertakings and undertakings in which the company has a participating interest 172,206 66,856
Taxation and social security costs 91,422 47,793
Other creditors 59,607 54,608
349,154 210,800
7 Creditors: amounts falling due after one year 2024 2023
£ £
Obligations under finance lease and hire purchase contracts 8,566 13,224
8 Controlling party
Addstack Holdings Limited is the immediate parent company.

The registered office of the parent company is Melbury House, 34 Southborough Road, Bormley, Kent, United Kingdom, BR1 2EB. It is a private limited company incorporated in the United Kingdom.

Copies of the parents' group accounts are held with Companies House in the United Kingdom.
9 Other information
Addstack Limited is a private company limited by shares and incorporated in England. Its registered office is:
Hailstone Coach Yard
Robert Way
Wickford
England
SS11 8DD
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