REGISTERED NUMBER: SC735008 (Scotland)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

Sixty Seven Group Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C A Bell

M L Steel

G A Brown

G McInally

REGISTERED OFFICE:

112 Commercial Street

Edinburgh

EH6 6NF

REGISTERED NUMBER:

SC735008 (Scotland)

ACCOUNTANTS:

A H & Co Ltd

Chartered Accountants

6 Logie Mill

Edinburgh

Lothian

EH7 4HG

FIXED ASSETS

Investments

4

1,354,726

1,354,626

CURRENT ASSETS

Debtors

5

312,673

-

Cash at bank

29,286

20,552

341,959

20,552

CREDITORS

Amounts falling due within one year

6

355,682

237,420

NET CURRENT LIABILITIES

(13,723

)

(216,868

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,341,003

1,137,758

CREDITORS

Amounts falling due after more than one year

7

674,502

762,703

NET ASSETS

666,501

375,055

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

666,401

374,955

SHAREHOLDERS' FUNDS

666,501

375,055

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

C A Bell - Director

1.	STATUTORY INFORMATION

Sixty Seven Group Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investments in subsidiaries

Investments in subsidiaries are measured at cost less impairment. Cost is measured by reference to the nominal value of the shares issued plus fair value of other consideration.

Impairment

Assets and investments in subsidiaries not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Provisions

Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the balance sheet date, taking into account the risks and uncertainties surrounding the obligation.

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 May 2024

1,354,626

Additions

100

At 30 April 2025

1,354,726

NET BOOK VALUE

At 30 April 2025

1,354,726

At 30 April 2024

1,354,626

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Mearns & Company Limited

Registered office: 112 Commercial Street, Edinburgh, Scotland, EH6 6NF

Nature of business: Financial planning

%

Class of shares:

holding

Ordinary

100.00

30.4.25

30.4.24

£

£

Aggregate capital and reserves

602,766

660,608

Profit for the year

502,158

641,716

Lightbox Reward Limited

Registered office: 112 Commercial Street, Edinburgh, Scotland, EH6 6NF

Nature of business: Business software development

%

Class of shares:

holding

Ordinary

95.00

30.4.25

30.4.24

£

£

Aggregate capital and reserves

(319,833

)

(295,787

)

Loss for the year

(24,046

)

(21,461

)

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

160

-

Other debtors

312,513

-

312,673

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Other creditors

355,682

237,420

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Other creditors

674,502

762,703

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 May 2024

374,955

Profit for the year

507,662

Dividends

(216,216

)

At 30 April 2025

666,401

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 30 April 2025, the company owed the directors £22,476 (2024: £80,670).

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £138,378 (2024 - £201,760) were paid to the directors .

Related Party

Transaction

Amount in the year ended 30.4.25

Amount in the year ended 30.4.24

Balance receivable from/(payable to) related party at 30.4.25

Balance receivable from/(payable to) related party at 30.4.24

£

£

£

£

Company A

Dividends

560,000

451,720

-

-

Loan

(176,995)

-

(176,995)

-

Company B

Loan

312,513

-

312,513

-

Relatives of directors

Loan interest paid

(44,243)

(56,096)

-

-

Loan

165,211

151,862

(752,478)

(917,689)

Dividends

(77,838)

(6,240)

-

-

Directors

Loan interest paid

(2,463)

(4,921)

-

-

Company A is a 100% subsidiary of Sixty Seven Group Limited.

Company B is a 95% subsidiary of Sixty Seven Group Limited.

The directors of Sixty Seven Group Limited are also directors of Company A and Company B.

12.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.