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REGISTERED NUMBER: SC240764 (Scotland)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

W M S (FISHING) LIMITED

W M S (FISHING) LIMITED (BY SHARES) (REGISTERED NUMBER: SC240764)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021










Page

Company Information 1

Balance Sheet 2 to 3


W M S (FISHING) LIMITED (BY SHARES)

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2021







DIRECTORS: Mr W M Stephen Jnr
Mrs A R Stephen
Miss A Tod



SECRETARY: Mrs A R Stephen



REGISTERED OFFICE: 28 Broad Street
Peterhead
Aberdeenshire
AB42 1BY



REGISTERED NUMBER: SC240764 (Scotland)



ACCOUNTANTS: Bain Henry Reid
28 Broad Street
Peterhead
Aberdeenshire
AB42 1BY



BANKERS: Lloyds TSB Scotland plc
Inverness Business & Comm
PO Box 25
Inverness
IV1 1RD

W M S (FISHING) LIMITED (BY SHARES) (REGISTERED NUMBER: SC240764)

BALANCE SHEET
31 DECEMBER 2021

2021 2020
£    £    £    £   
FIXED ASSETS 688,650 692,554

CURRENT ASSETS 1,001,220 866,498

CREDITORS
Amounts falling due within one year (52,481 ) (50,537 )
NET CURRENT ASSETS 948,739 815,961
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,637,389

1,508,515

CAPITAL AND RESERVES 1,637,389 1,508,515

NOTES TO THE FINANCIAL STATEMENTS

1. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 3 (2020 - 3 ) .

2. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits from a director subsisted during the years ended 31 December 2021 and 31 December 2020:

2021 2020
£    £   
Mr W M Stephen Jnr
Balance outstanding at start of year 8,969 8,437
Amounts advanced 1,023 532
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,992 8,969

This loan is interest free and there are no fixed terms of repayment.



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

W M S (FISHING) LIMITED (BY SHARES) (REGISTERED NUMBER: SC240764)

BALANCE SHEET - continued
31 DECEMBER 2021


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

The financial statements were approved by the Board of Directors and authorised for issue on 7 September 2022 and were signed on its behalf by:





Mr W M Stephen Jnr - Director