Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31true8truefalse2024-01-01No description of principal activity8The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06685230 2024-01-01 2024-12-31 06685230 2023-01-01 2023-12-31 06685230 2024-12-31 06685230 2023-12-31 06685230 c:Director9 2024-01-01 2024-12-31 06685230 d:ComputerEquipment 2024-01-01 2024-12-31 06685230 d:ComputerEquipment 2024-12-31 06685230 d:ComputerEquipment 2023-12-31 06685230 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 06685230 d:CurrentFinancialInstruments 2024-12-31 06685230 d:CurrentFinancialInstruments 2023-12-31 06685230 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 06685230 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 06685230 d:RetainedEarningsAccumulatedLosses 2024-12-31 06685230 d:RetainedEarningsAccumulatedLosses 2023-12-31 06685230 c:FRS102 2024-01-01 2024-12-31 06685230 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 06685230 c:FullAccounts 2024-01-01 2024-12-31 06685230 c:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 06685230 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 06685230









NATURAL SOURCE WATERS ASSOCIATION LIMITED
(A Company Limited by Guarantee)







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
NATURAL SOURCE WATERS ASSOCIATION LIMITED
 
(A Company Limited by Guarantee)
REGISTERED NUMBER: 06685230

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,339
1,786

  
1,339
1,786

Current assets
  

Debtors: amounts falling due within one year
 5 
68,302
6,494

Cash at bank and in hand
 6 
15,824
148,135

  
84,126
154,629

Creditors: amounts falling due within one year
 7 
(36,930)
(46,157)

Net current assets
  
 
 
47,196
 
 
108,472

Total assets less current liabilities
  
48,535
110,258

  

Net assets
  
48,535
110,258


Capital and reserves
  

Profit and loss account
  
48,535
110,258

  
48,535
110,258


Page 1

 
NATURAL SOURCE WATERS ASSOCIATION LIMITED
 
(A Company Limited by Guarantee)
REGISTERED NUMBER: 06685230
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements 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.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
S J Oldham
Director

Date: 26 March 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
NATURAL SOURCE WATERS ASSOCIATION LIMITED

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Natural Source Waters Association Limited is a company limited by guarentee incorporated in England and Wales within the United Kingdom. The address of the registered office is 249 Silbury Boulevard, Milton Keynes, Buckinghamshire, MK9 1NA.
The company's principal activity is that of a membership organisation to research and promote the environmental health and other sustainable benefits of natural bottled water.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Revenue from a membership fee is recognised in the period in which the services are provided and when the amount of revenue can measured reliably, and it is probable that the Company will receive the consideration due.

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
NATURAL SOURCE WATERS ASSOCIATION LIMITED

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Computer equipment
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

2024
2023
£
£

Wages and salaries
152,060
142,887

Social security costs
12,789
11,142

Cost of defined contribution scheme
6,485
6,348

171,334
160,377


The average monthly number of employees, including directors, during the year was 8 (2023 - 8).

Page 4

 
NATURAL SOURCE WATERS ASSOCIATION LIMITED

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 January 2024
5,079



At 31 December 2024

5,079



Depreciation


At 1 January 2024
3,294


Charge for the year on owned assets
446



At 31 December 2024

3,740



Net book value



At 31 December 2024
1,339



At 31 December 2023
1,786


5.


Debtors

2024
2023
£
£


Trade debtors
52,622
1,800

Other debtors
1,625
2,396

Prepayments and accrued income
14,055
2,298

68,302
6,494



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
15,824
148,135

15,824
148,135


Page 5

 
NATURAL SOURCE WATERS ASSOCIATION LIMITED

(A Company Limited by Guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
25,246
34,321

Other taxation and social security
4,243
4,407

Other creditors
1,441
1,413

Accruals and deferred income
6,000
6,016

36,930
46,157




8.


Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1.00 towards the assets of the company in the event of liquidation.
This is a not for profit organisation.


9.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £6,485 (2023: £6,348.03). Contributions totalling £858 (2023: £421) were payable to the fund at the balance sheet date and are included in creditors.

 
Page 6