Company No: SC828995 (Scotland)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.03.2026
		£
Current assets
Debtors
- due within one year	4	16,905
- due after more than one year	4	287,500
		304,405
Creditors: amounts falling due within one year	5	( 16,905)
Net current assets		287,500
Total assets less current liabilities		287,500
Creditors: amounts falling due after more than one year	6	( 287,500)
Net assets		0
Capital and reserves
Called-up share capital	7	0
Total shareholders' funds		0

For the financial period ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of STAC Holdings Ltd (registered number: SC828995) were approved and authorised for issue by the Board of Directors on 23 October 2026. They were signed on its behalf by:

A J Macfadyen Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

STAC Holdings Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is Thebeyond Level 1 Skypark 1, 8 Elliot Place, Glasgow, G3 8EP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Reporting period length

The company was incorporated on 14 November 2024. During the period the accounting reference date was changed from 30 November to 31 March. Accordingly, these financial statements cover the period from 14 November 2024 to 31 March 2026. Comparative figures are not presented as this is the company's first set of financial statements.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

2. Employees

	Period from 14.11.2024 to 31.03.2026
	Number
Monthly average number of persons employed by the Company during the period, including directors	6

3. Fixed asset investments

Investments in subsidiaries

	31.03.2026
	£
Carrying value at 31 March 2026	0

The company holds 100% shares in the following companies:
STAC Invest Ltd 1 Ordinary share of £0.01 (company number SC830177)
STAC & Beyond Ltd - 1 Ordinary share of £0.01 (company number SC831066)

4. Debtors

	31.03.2026
	£
Debtors: amounts falling due within one year
Amounts owed by Group undertakings	16,905
Debtors: amounts falling due after more than one year
Amounts owed by Group undertakings	287,500

5. Creditors: amounts falling due within one year

	31.03.2026
	£
Other loans (secured)	12,500
Accruals	4,405
	16,905

The loan from Scottish Enterprise is secured by a bond and floating charge over the property and undertaking of the company. The loan is also supported by floating charges granted by STAC & Beyond Ltd and STAC Invest Ltd and a cross-company guarantee granted by the company and those group undertakings.

6. Creditors: amounts falling due after more than one year

	31.03.2026
	£
Other loans (secured)	287,500

The loan from Scottish Enterprise is secured by a bond and floating charge over the property and undertaking of the company. The loan is also supported by floating charges granted by STAC & Beyond Ltd and STAC Invest Ltd and a cross-company guarantee granted by the company and those group undertakings.

7. Called-up share capital

	31.03.2026
	£
Allotted, called-up and not yet paid
3 ordinary shares of £ 0.01 each	0.03

8. Related party transactions

Transactions with entities in which the entity itself has a participating interest

	31.03.2026
	£
Amounts owed by Group companies	304,405

The amount owed by STAC & Beyond Ltd comprises £300,000 of funding made available by the company and accrued interest of £4,405. The funding reflects the proceeds of the company’s loan facility with Scottish Enterprise, which were made available to STAC & Beyond Ltd for the group’s working-capital requirements.

Interest is charged to STAC & Beyond Ltd by reference to the financing costs incurred by the company.

9. Events after the Balance Sheet date

On 11 May 2026 the company allotted 88 ordinary shares of £0.01 each, increasing the issued share capital from £0.03 to £0.91. This event occurred after the reporting date and has not been reflected in these financial statements.