Company No: SC830177 (Scotland)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.03.2026
		£
Current assets
Debtors	3	6,260
Cash at bank and in hand		25,315
		31,575
Creditors: amounts falling due within one year	4	( 15,524)
Net current assets		16,051
Total assets less current liabilities		16,051
Net assets		16,051
Capital and reserves
Called-up share capital	5	0
Profit and loss account		16,051
Total shareholder's funds		16,051

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 member has 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 Invest Ltd (registered number: SC830177) 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 Invest 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.

Reporting period length

The company was incorporated on 27 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 27 November 2024 to 31 March 2026. Comparative figures are not presented as this is the company's first set of financial statements.

Turnover

Turnover comprises deal fees and monitoring fees and is stated net of value added tax.

Deal fees, calculated as a percentage of the amount invested, are recognised when the relevant investment transaction has completed and the company becomes entitled to the fee. Monitoring fees are recognised on a monthly basis as the related services are provided.

Income received or invoiced in advance is deferred, while income earned but not invoiced at the balance sheet date is recognised as accrued income.

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 27.11.2024 to 31.03.2026
	Number
Monthly average number of persons employed by the Company during the period, including directors	2

3. Debtors

	31.03.2026
	£
Trade debtors	6,260

4. Creditors: amounts falling due within one year

	31.03.2026
	£
Trade creditors	1,240
Other taxation and social security	3,700
Other creditors	10,584
	15,524

5. Called-up share capital

	31.03.2026
	£
Allotted, called-up and fully-paid
1 Ordinary share of £ 0.01	0.01

6. Security

Guarantees and contingent liabilities

The company has granted a cross-company guarantee in favour of Scottish Enterprise in respect of a £300,000 loan facility provided to STAC Holdings Ltd. The company has also granted a bond and floating charge over its property and undertaking as security for the obligations under the facility.

At 31 March 2026, the amount outstanding under the facility was £300,000. No liability has been recognised in respect of the guarantee as the directors consider that it is not probable that the company will be required to make payment under it.

7. Ultimate controlling party

Parent Company:

STAC Holdings Ltd

Thebeyond Level 1 Skypark 1, 8 Elliot Place, Glasgow, United Kingdom, G3 8EP