Registered number
14735326
Walkway Technologies Ltd
Filleted Accounts
31 October 2024
Walkway Technologies Ltd
Registered number: 14735326
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 5,314 -
Current assets
Debtors 4 19,323 100
Cash at bank and in hand 14,377 41,496
33,700 41,596
Creditors: amounts falling due within one year 5 (203,862) (60,458)
Net current liabilities (170,162) (18,862)
Total assets less current liabilities (164,848) (18,862)
Creditors: amounts falling due after more than one year 6 (340,867) (69,604)
Net liabilities (505,715) (88,466)
Capital and reserves
Called up share capital 100 100
Profit and loss account (505,815) (88,566)
Shareholder's funds (505,715) (88,466)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr M B Florisson
Director
Approved by the board on 23 July 2025
Walkway Technologies Ltd
Notes to the Accounts
for the year ended 31 October 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
Additions 6,413
At 31 October 2024 6,413
Depreciation
Charge for the year 1,099
At 31 October 2024 1,099
Net book value
At 31 October 2024 5,314
4 Debtors 2024 2023
£ £
Trade debtors 2,573 -
Other debtors 16,750 100
19,323 100
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 1,977 5,434
Amounts owed to group undertakings and undertakings in which the company has a participating interest 202,508 56,624
Taxation and social security costs (623) (1,600)
203,862 60,458
6 Creditors: amounts falling due after one year 2024 2023
£ £
Amounts owed to group undertakings and undertakings in which the company has a participating interest 340,867 69,604
7 Controlling party
The company is under the control of Mlabs Holdings Ltd who hold all the issued share capital.
8 Other information
Walkway Technologies Ltd is a private company limited by shares and incorporated in England. Its registered office is:
7 Elvet Waterside
Durham
DH1 3DA
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