Company registration number: SC245607
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
Female Independent Ltd.
Pages for filing with the Registrar
Company registration number: SC245607
Female Independent Ltd.
Balance sheet
as at 31 March 2026
31 Mar 26 31 Mar 25
Note £ £ £ £
Fixed assets
Intangible assets 4 67,500 75,000
Tangible assets 5 46 61
67,546 75,061
Current assets
Debtors 151 1,683
Cash at bank and in hand 22,844 21,255
22,995 22,938
Creditors: amounts falling due within one year
6 (36,400) (41,648)
Net current liabilities (13,405) (18,710)
Total assets less current liabilities 54,141 56,351
Creditors: Amounts falling due after more than one year
7 (30,046) (36,322)
NET ASSETS 24,095 20,029
Capital and reserves
Called up share capital 2 2
Profit and loss account 24,093 20,027
TOTAL EQUITY 24,095 20,029
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: SC245607
Female Independent Ltd.
Balance sheet - continued
as at 31 March 2026
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 17 August 2026 and signed on its behalf by:
Mrs S Young, Director
17 August 2026
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Female Independent Ltd.
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
Female Independent Ltd. is a private company registered in Scotland. Its registered number is SC245607. The company is limited by shares. Its registered office is Suite 2, 17 Sandyford Place, Edinburgh, G3 7NB.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Presentation currency
The company’s financial statements are presented in sterling.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 10% straight line
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Fixtures & fittings - 25% reducing balance
3
Female Independent Ltd.
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
3 Average number of employees
During the year the average number of employees was 3 (2025 - 4).
4 Intangible assets
Goodwill
£
Cost
At 1 April 2025 75,000
At 31 March 2026 75,000
Amortisation
Charge for year 7,500
At 31 March 2026 7,500
Net book value
At 31 March 2026 67,500
At 31 March 2025 75,000
5 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 April 2025 5,316
At 31 March 2026 5,316
4
Female Independent Ltd.
Notes to the financial statements - continued
for the year ended 31 March 2026
5 Tangible fixed assets - continued
Depreciation
At 1 April 2025 5,255
Charge for year 15
At 31 March 2026 5,270
Net book value
At 31 March 2026 46
At 31 March 2025 61
6 Creditors: amounts falling due within one year
31 Mar 26 31 Mar 25
£ £
Bank loans and overdrafts 1,767 21,370
Other loans 11,376 11,759
Amounts owed to directors 13,201 -
Taxation 8,952 7,415
Accruals and deferred income 1,104 1,104
36,400 41,648
7 Creditors: amounts falling due after more than one year
31 Mar 26 31 Mar 25
£ £
Bank loans - 2,025
Other loans 30,046 34,297
30,046 36,322
8 Advances, credit and guarantees granted to directors
The following advances and credits to directors subsisted during the periods ended 31 March 2026 and 31 March 2025.
31 Mar 26 31 Mar 25
£ £
Mrs S Young
Amounts repaid (13,201) -
Balance outstanding at end of year (13,201) -
5
Female Independent Ltd.
Notes to the financial statements - continued
for the year ended 31 March 2026
8 Advances, credit and guarantees granted to directors - continued
31 Mar 26 31 Mar 25
£ £
Mrs C Begbie
Balance outstanding at start of year 1,532 -
Amounts advanced - 1,532
Amounts repaid (1,532) -
Balance outstanding at end of year - 1,532
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