Sixty Pounds Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: SC760054

Sixty Pounds Ltd

Filleted Unaudited Financial Statements

31 January 2026

Sixty Pounds Ltd

Financial Statements

Year ended 31 January 2026

Contents	Page

Chartered accountants report to the director on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2

Notes to the financial statements	4

Sixty Pounds Ltd

Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Sixty Pounds Ltd

Year ended 31 January 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sixty Pounds Ltd for the year ended 31 January 2026, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at www.icas.com/accountspreparationguidance. This report is made solely to the director of Sixty Pounds Ltd. Our work has been undertaken solely to prepare for your approval the financial statements of Sixty Pounds Ltd and state those matters that we have agreed to state to you in this report in accordance with the requirements of ICAS as detailed at www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sixty Pounds Ltd and its director for our work or for this report.

It is your duty to ensure that Sixty Pounds Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Sixty Pounds Ltd. You consider that Sixty Pounds Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Sixty Pounds Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

GILLILAND & COMPANY Chartered Accountants

216 West George Street Glasgow G2 2PQ

29 October 2026

Sixty Pounds Ltd

Statement of Financial Position

31 January 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	4		2,136,480	–

Current assets

Debtors	5	22,910	–
Cash at bank and in hand		30,818	1
		--------	----
		53,728	1

Creditors: amounts falling due within one year	6	1,288,772		–
		------------		----
Net current (liabilities)/assets			( 1,235,044)	1
			------------	----
Total assets less current liabilities			901,436	1

Creditors: amounts falling due after more than one year	7	825,961	–
		---------	----
Net assets		75,475	1
		---------	----

Capital and reserves

Called up share capital	1	1
Profit and loss account	75,474	–
	--------	----
Shareholders funds	75,475	1
	--------	----

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Sixty Pounds Ltd

Statement of Financial Position (continued)

31 January 2026

These financial statements were approved by the board of directors and authorised for issue on 29 October 2026 , and are signed on behalf of the board by:

Mr D Fleming
Director

Company registration number: SC760054

Sixty Pounds Ltd

Notes to the Financial Statements

Year ended 31 January 2026

1. General information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is 1 Eagle Street, Glasgow, G4 9XA, Scotland.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change of value.

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities

4. Tangible assets

	Freehold property
	£
Cost
At 1 February 2025	–
Additions	2,136,480
	------------
At 31 January 2026	2,136,480
	------------
Depreciation
At 1 February 2025 and 31 January 2026	–
	------------
Carrying amount
At 31 January 2026	2,136,480
	------------
At 31 January 2025	–
	------------

The directors consider the fair value of the properties acquired in the year to remain unchanged at 31 January 2026.

5. Debtors

	2026	2025
	£	£
Prepayments and accrued income	22,910	–
	--------	----

6. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	440,917	–
Trade creditors	480	–
Amounts owed to group undertakings	316,494	–
Accruals and deferred income	473,919	–
Corporation tax	26,554	–
Social security and other taxes	30,408	–
	------------	----
	1,288,772	–
	------------	----

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

	2026	2025
	£	£
Bank loans and overdrafts	825,961	–
	---------	----

8. Securities and guarantees

Other Creditors totalling £1,266,878 which are split between creditors falling due within one year (£440,917) and after more than one year (£825,961), are fully secured by way of a fixed and floating charge over the company's assets and undertakings of the company.

9. Related party transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

10. Controlling party

Golden Goose Assets Ltd is regarded by the directors as being the company's ultimate parent company, whose registered office address is 1 Eagle Street, First Floor, Glasgow, Scotland G4 9XA. Golden Goose Assets Ltd is controlled b y Mr D Fleming .