1 January 2024 false No description of principal activity Taxfiler 2024.6 true 11500513business:PrivateLimitedCompanyLtd2024-01-012024-12-31 115005132023-12-31 115005132024-01-012024-12-31 11500513business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 11500513business:FilletedAccounts2024-01-012024-12-31 115005132024-12-31 11500513business:Director12024-01-012024-12-31 11500513business:Director22024-01-012024-12-31 11500513business:RegisteredOffice2024-01-012024-12-31 115005132023-12-31 11500513core:WithinOneYear2024-12-31 11500513core:WithinOneYear2023-12-31 11500513core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 11500513core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 11500513core:SharePremiumcore:PreviouslyStatedAmount2024-12-31 11500513core:SharePremiumcore:PreviouslyStatedAmount2023-12-31 11500513core:CapitalContributionReservecore:PreviouslyStatedAmount2024-12-31 11500513core:CapitalContributionReservecore:PreviouslyStatedAmount2023-12-31 11500513core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 11500513core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 11500513core:PreviouslyStatedAmount2024-12-31 11500513core:PreviouslyStatedAmount2023-12-31 11500513business:SmallEntities2024-01-012024-12-31 11500513countries:EnglandWales2024-01-012024-12-31 11500513core:PlantMachinery2024-01-012024-12-31 11500513core:ComputerEquipment2024-01-012024-12-31 11500513core:PlantMachinery2023-12-31 11500513core:FurnitureFittings2023-12-31 11500513core:ComputerEquipment2023-12-31 11500513core:FurnitureFittings2024-01-012024-12-31 11500513core:PlantMachinery2024-12-31 11500513core:FurnitureFittings2024-12-31 11500513core:ComputerEquipment2024-12-31 11500513business:OrdinaryShareClass12024-01-012024-12-31 11500513business:OrdinaryShareClass12023-01-012023-12-31 115005132023-01-012023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 11500513 (England and Wales)
Stacker Software Ltd Unaudited accounts for the year ended 31 December 2024
Stacker Software Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Stacker Software Ltd Company Information for the year ended 31 December 2024
Directors
Samuel George Davyson Michael Skelly
Company Number
11500513 (England and Wales)
Registered Office
86-90 Paul Street London EC2A 4NE United Kingdom
Accountants
The Accountancy Cloud 1 Fore Street Avenue London EC2Y 9DT
- 3 -
Stacker Software Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
16,906 
13,005 
Current assets
Debtors
5
226,021 
113,670 
Cash at bank and in hand
922,249 
976,793 
1,148,270 
1,090,463 
Creditors: amounts falling due within one year
6
(498,194)
(536,906)
Net current assets
650,076 
553,557 
Net assets
666,982 
566,562 
Capital and reserves
Called up share capital
7
6,026 
4,631 
Share premium
12,527,040 
7,650,513 
Capital contribution reserve
1,341,881 
4,880,448 
Profit and loss account
(13,207,965)
(11,969,030)
Shareholders' funds
666,982 
566,562 
For the year ending 31 December 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.
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 18 September 2025 and were signed on its behalf by
Samuel George Davyson Director Company Registration No. 11500513
- 4 -
Stacker Software Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Stacker Software Ltd is a private company, limited by shares, registered in England and Wales, registration number 11500513. The registered office is 86-90 Paul Street, London, EC2A 4NE, United Kingdom.
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.
Presentation currency
The accounts are presented in £ sterling.
Going concern
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 in preparing its financial statements.
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:
Plant & machinery
25% Straight Line
Computer equipment
25% Straight Line
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.
Research and development tax credit
During the financial year, Stacker Software Limited received tax credits for qualifying research and development expenditure under the Research and Development tax relief scheme. These are presented as tax repayments in the Statement of Profit or Loss in line with disclosure requirements under FRS 102.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
- 5 -
Stacker Software Ltd Notes to the Accounts for the year ended 31 December 2024
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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.
Prior period restatement
Prior year balances were reviewed during the year and it was noted that a 2024 share issue was incorrectly included in 2023. Therefore, the following balances have been adjusted: - Called up share capital decreased by £1,395, from £6,026 to £4,631. - Share premium decreased by £4,876,527, from £12,527,040 to £7,650,513. - Capital contribution reserve increased by £4,877,922, from £2,526 to £4,880,448.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
2 
- 
24,317 
24,319 
Additions
- 
1,012 
10,101 
11,113 
At 31 December 2024
2 
1,012 
34,418 
35,432 
Depreciation
At 1 January 2024
(1)
- 
11,315 
11,314 
Charge for the year
- 
135 
7,077 
7,212 
At 31 December 2024
(1)
135 
18,392 
18,526 
Net book value
At 31 December 2024
3 
877 
16,026 
16,906 
At 31 December 2023
3 
- 
13,002 
13,005 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
59,666 
19,940 
Trade debtors
71,286 
17,019 
Accrued income and prepayments
95,069 
76,711 
226,021 
113,670 
- 6 -
Stacker Software Ltd Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
121,503 
66,469 
Amounts owed to group undertakings and other participating interests
14,999 
- 
Taxes and social security
76,176 
51,801 
Other creditors
770 
5,103 
Accruals
8,577 
25,201 
Deferred income
276,169 
388,332 
498,194 
536,906 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
21,068,492 Ordinary shares of £0.000286 each
6,025.58 
4,630.50 
Shares issued during the period:
4,877,922 Ordinary shares of £0.000286 each
1,395.08 
8
Controlling party
On 14 August 2020, 100% share capital was transferred to Stacker Inc, a company incorporated in the USA. All of the shareholders of Stacker Software Limited became proportional shareholders of Stacker Inc. The ultimate controlling party remains Samuel Davyson and Michael Skelly.
9
Average number of employees
During the year the average number of employees was 7 (2023: 17).
- 7 -