IRIS Accounts Production v22.1.4.3 SC500203 director 1.4.21 31.3.22 31.3.22 false true false false false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC5002032021-03-31SC5002032022-03-31SC5002032021-04-012022-03-31SC5002032020-03-31SC5002032020-04-012021-03-31SC5002032021-03-31SC500203ns16:Scotland2021-04-012022-03-31SC500203ns15:PoundSterling2021-04-012022-03-31SC500203ns11:Director12021-04-012022-03-31SC500203ns11:PrivateLimitedCompanyLtd2021-04-012022-03-31SC500203ns11:Micro-entities2021-04-012022-03-31SC500203ns11:AuditExempt-NoAccountantsReport2021-04-012022-03-31SC500203ns11:FullAccounts2021-04-012022-03-31SC500203ns6:CurrentFinancialInstruments2022-03-31SC500203ns6:CurrentFinancialInstruments2021-03-31SC500203ns6:Non-currentFinancialInstruments2022-03-31SC500203ns6:Non-currentFinancialInstruments2021-03-31SC500203ns11:RegisteredOffice2021-04-012022-03-31
REGISTERED NUMBER: SC500203 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2022

for

Independent Shetland Finance Ltd

Independent Shetland Finance Ltd (Registered number: SC500203)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Balance Sheet 1


Independent Shetland Finance Ltd (Registered number: SC500203)

Balance Sheet
31 March 2022

31.3.22 31.3.21
£    £    £    £   
FIXED ASSETS 12,542 12,738

CURRENT ASSETS 37,042 41,448

CREDITORS
Amounts falling due within one year (20,028 ) (19,543 )
NET CURRENT ASSETS 17,014 21,905
TOTAL ASSETS LESS CURRENT LIABILITIES 29,556 34,643

CREDITORS
Amounts falling due after more than one
year

1,248

1,387
NET ASSETS 28,308 33,256

CAPITAL AND RESERVES 28,308 33,256

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Independent Shetland Finance Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC500203

Registered office: 65 Commercial Road
Lerwick
Shetland
ZE1 0NL

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 3 (2021 - 3 ) .



Independent Shetland Finance Ltd (Registered number: SC500203)

Balance Sheet - continued
31 March 2022


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 director and authorised for issue on 31 August 2022 and were signed by:





D C Coles - Director