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Registered number: 16315685
Walking With Purpose Ltd
Unaudited Financial Statements
For the Period 14 March 2025 to 31 March 2026
GMS FC Limited
1 London Road
Ipswich
Suffolk
IP1 2HA
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 16315685
31 March 2026
Notes £ £
FIXED ASSETS
Intangible Assets 4 25,900
25,900
CURRENT ASSETS
Cash at bank and in hand 100
100
Creditors: Amounts Falling Due Within One Year 5 (26,712 )
NET CURRENT ASSETS (LIABILITIES) (26,612 )
TOTAL ASSETS LESS CURRENT LIABILITIES (712 )
NET LIABILITIES (712 )
CAPITAL AND RESERVES
Called up share capital 6 100
Profit and Loss Account (812 )
SHAREHOLDERS' FUNDS (712)
For the period ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Thomas Bosworth
Director
18th August 2026
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Walking With Purpose Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 16315685 . The registered office is 1 London Road, Ipswich, Suffolk, IP1 2HA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Intangible Assets
Development Costs
£
Cost
As at 14 March 2025 25,900
As at 31 March 2026 25,900
Net Book Value
As at 31 March 2026 25,900
As at 14 March 2025 25,900
5. Creditors: Amounts Falling Due Within One Year
31 March 2026
£
Other creditors 26,712
6. Share Capital
31 March 2026
£
Allotted, Called up and fully paid 100
Page 2