smallAccCompHo_0921.xslt
Company Registration No. SC033840 (Scotland)
BOLTS SHETLAND LIMITED
Financial Statements
for the Period from 01 April 2024 to 31 March 2025

BOLTS SHETLAND LIMITED

Financial Statements for the period ending 31 March 2025

CONTENTS PAGE
Company Information 2
Statement of Financial Position 3
Notes to the Accounts 4
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BOLTS SHETLAND LIMITED

Financial Statements for the period ending 31 March 2025

Company Information

Company Details
Company Number SC033840
Registered Office 26 NORTH ROAD
LERWICK
SHETLAND
ZE1 0PE
Directors
Directors who held office during the period were:
Dawn Susan SIM   
Malcolm Alexander YOUNGER   
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BOLTS SHETLAND LIMITED

Financial Statements for the period ending 31 March 2025

Statement of Financial Position

12345678
Notes 2025 2024
£ £
Fixed Assets
Tangible assets 5 481,920 494,453
Current Assets
Stocks 281,584 210,360
Debtors due 1,078,119 1,409,551
Cash at bank and in hand 6,643 260,316
1,366,346 1,880,227
Creditors
Amount falling due within one year (728,444) (1,027,093)
Net Current Assets 637,902 853,134
Total Assets less current liabilities 1,119,822 1,347,587
Creditors due after more than one year (187,572) (417,480)
Provision for liabilities (64,508) (64,508)
Accruals and deferred income (15,872) (15,872)
Net Assets 851,870 849,727
Capital and Reserves
Called up Share Capital 17,063 17,063
Revaluation Reserve 37,852 37,852
Capital Redemption Reserve 11,437 11,437
Retained earnings at end of year 785,518 783,375
Shareholder funds 851,870 849,727
For the year ending 31/03/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
Approved by the Board on 30 December 2025
Malcolm Younger
Company Registration No. SC033840
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BOLTS SHETLAND LIMITED

Financial Statements for the period ending 31 March 2025

Notes to the Accounts

1. Statutory Information
BOLTS SHETLAND LIMITED is a private company, limited by shares, registered in Scotland, registration number SC033840.
2. Accounting Policies
Basis of preparing the Financial Statements
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
Presentation Currency
The accounts are presented in £ sterling.
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BOLTS SHETLAND LIMITED

Financial Statements for the period ending 31 March 2025

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2025 25
2024 24
4. Principal Activity
Retail - convenience store and toy store
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BOLTS SHETLAND LIMITED

Financial Statements for the period ending 31 March 2025

Notes to the Accounts

5. Fixed Assets
Land and buildings Plant and Machinery Total
Cost or valuation £ £ £
At 01/04/2024 804,850 365,446 1,170,296
Additions - 1,643 1,643
Disposals - (52,637) (52,637)
At 31/03/2025 804,850 314,452 1,119,302
Depreciation
At 01/04/2024 407,239 268,604 675,843
Charge for the year - - -
Disposals - (38,461) (38,461)
At 31/03/2025 407,239 230,143 637,382
Net Book Value
At 31/03/2025 397,611 84,309 481,920
At 31/03/2024 397,611 96,842 494,453
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