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REGISTERED NUMBER: 11826273 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31st July 2024

for

Nordic Life Water UK Limited

Nordic Life Water UK Limited (Registered number: 11826273)

Contents of the Financial Statements
for the Year Ended 31st July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Nordic Life Water UK Limited

Company Information
for the Year Ended 31st July 2024







DIRECTORS: G A Dove
A Y A Alrashed





REGISTERED OFFICE: Unit B, Network 331
Lysons Avenue
Ash Vale
Aldershot
Hampshire
GU12 5QF





REGISTERED NUMBER: 11826273 (England and Wales)





ACCOUNTANTS: Whiteleys
Chartered Certified Accountants
Sovereign House
155 High Street
Aldershot
Hampshire
GU11 1TT

Nordic Life Water UK Limited (Registered number: 11826273)

Balance Sheet
31st July 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 56,961 63,912
Cash at bank - 113
56,961 64,025
CREDITORS
Amounts falling due within one year 5 10,884 18,747
NET CURRENT ASSETS 46,077 45,278
TOTAL ASSETS LESS CURRENT
LIABILITIES

46,077

45,278

CREDITORS
Amounts falling due after more than one
year

6

49,987

48,450
NET LIABILITIES (3,910 ) (3,172 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (4,010 ) (3,272 )
SHAREHOLDERS' FUNDS (3,910 ) (3,172 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Nordic Life Water UK Limited (Registered number: 11826273)

Balance Sheet - continued
31st July 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29th April 2025 and were signed on its behalf by:





G A Dove - Director


Nordic Life Water UK Limited (Registered number: 11826273)

Notes to the Financial Statements
for the Year Ended 31st July 2024


1. STATUTORY INFORMATION

Nordic Life Water UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 historical cost convention.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.


Nordic Life Water UK Limited (Registered number: 11826273)

Notes to the Financial Statements - continued
for the Year Ended 31st July 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 56,961 63,912

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 588 1,242
Taxation and social security 8,430 16,385
Other creditors 1,866 1,120
10,884 18,747

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 49,987 48,450

Nordic Life Water UK Limited (Registered number: 11826273)

Notes to the Financial Statements - continued
for the Year Ended 31st July 2024


7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st July 2024 and 31st July 2023:

2024 2023
£    £   
G A Dove
Balance outstanding at start of year 47,135 49,623
Amounts repaid (5,493 ) (2,488 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 41,642 47,135