Company No: SC756542 (Scotland)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Mr T. Bowden (Appointed 07 May 2026)
	Mr L. Brady (Appointed 07 May 2026)
	Mr. C. Mackinnon (Resigned 08 July 2026)

REGISTERED OFFICE	13 Queens Road
	Aberdeen
	AB15 4YL
	United Kingdom

COMPANY NUMBER

SC756542 (Scotland)

ACCOUNTANT	Verallo
	Century House
	Wargrave Road
	Henley-on-Thames
	Oxfordshire
	United Kingdom
	RG9 2LT

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	161,487		203,910
Tangible assets	4	281,826		140,209
		443,313		344,119
Current assets
Debtors	5	24,870		53,705
Cash at bank and in hand		22,726		10,248
		47,596		63,953
Creditors: amounts falling due within one year	6	( 117,683)		( 315,919)
Net current liabilities		(70,087)		(251,966)
Total assets less current liabilities		373,226		92,153
Creditors: amounts falling due after more than one year	7	( 209,350)		0
Net assets		163,876		92,153
Capital and reserves
Called-up share capital	8	100		100
Profit and loss account		163,776		92,053
Total shareholder's funds		163,876		92,153

For the financial year ending 31 August 2025 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 year 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 Sixes Cricket Franchise Ltd (registered number: SC756542) were approved and authorised for issue by the Board of Directors on 28 August 2026. They were signed on its behalf by:

Mr T. Bowden Director

Mr L. Brady Director

1. Accounting policies

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

General information and basis of accounting

Sixes Cricket Franchise 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 13 Queens Road, Aberdeen, AB15 4YL, 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

At the balance sheet date the company's current liabilities exceeded its current assets. The day to day operation of the company is dependent upon support from its group companies. The parent company went into administration on 17th December 2025. The company relies on related companies for use of shared services and intercompany loans. The directors have received assurance by group companies that the amounts owed will not be repayable within 12 months of the balance sheet date. After making enquiries the directors believe that any foreseeable debts that arise can be met due to the company continuing to make profits. The directors consider it appropriate to prepare the financial statements on a going concern basis.

Change in accounting estimate

Effective 1 September 2024, the company revised its depreciation policy of plant and equipment from 20% reducing balance to 20% straight line. This change in depreciation policy was applied prospectively. The depreciation policy change was applied to reduce the expected life of the asset.
The company also revised its amortisation policy on Trademarks, patents and licences from 10% straight line to 20% straight line. This change in depreciation policy was applied prospectively. The change in amortisation policy is to redude the useful life of the trademarks, patents and licences.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services in accordance with the franchise agreement, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Trademarks, patents and licences	5 years straight line
Website costs	33 % reducing balance
Other intangible assets	5 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery

5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

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.

Non-financial assets
At each balance sheet date, the company reviews its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss.

If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

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. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	0		1

3. Intangible assets

	Trademarks, patents and licences		Website costs		Other intangible assets		Total
	£		£		£		£
Cost
At 01 September 2024	192,542		5,900		17,780		216,222
Additions	1,646		0		0		1,646
At 31 August 2025	194,188		5,900		17,780		217,868
Accumulated amortisation
At 01 September 2024	9,483		162		2,667		12,312
Charge for the financial year	38,620		1,893		3,556		44,069
At 31 August 2025	48,103		2,055		6,223		56,381
Net book value
At 31 August 2025	146,085		3,845		11,557		161,487
At 31 August 2024	183,059		5,738		15,113		203,910

4. Tangible assets

	Plant and machinery		Total
	£		£
Cost
At 01 September 2024	142,705		142,705
Additions	182,201		182,201
At 31 August 2025	324,906		324,906
Accumulated depreciation
At 01 September 2024	2,496		2,496
Charge for the financial year	40,584		40,584
At 31 August 2025	43,080		43,080
Net book value
At 31 August 2025	281,826		281,826
At 31 August 2024	140,209		140,209

5. Debtors

	2025		2024
	£		£
Trade debtors	24,129		23,066
Other debtors	741		30,639
	24,870		53,705

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	9,913		26,539
Amounts owed to Group undertakings	0		207,972
Other taxation and social security	6,058		0
Other creditors	101,712		81,408
	117,683		315,919

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

	2025		2024
	£		£
Amounts owed to Group undertakings	209,350		0

There are no amounts included above in respect of which any security has been given by the small entity.

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary A shares of £ 1.00 each	100		100

9. Related party transactions

The company is exempt under FRS 102 s33.1A from disclosing any transaction with wholly owned Group companies.

10. Events after the Balance Sheet date

Subsequent to the reporting date, the parent company, Motherclub Limited, entered administration on 17 December 2025. The financial effect of this event on the entity cannot be reliably estimated.

11. Ultimate controlling party

The ultimate controlling party is Motherclub Limited by virtue of their majority shareholding. A company registered in Scotland.