IRIS Accounts Production v25.4.0.155 Other Company accounts True false Pounds 1.7.24 30.6.25 30.6.25 FY Dr N E Frater Mrs C Joseph-Lewis K Boldeau D Abdul Dr I Ukachukwu FRS 102 Unaudited Small companies regime for accounts Full Charities SORP true true true false true false true true 0 0 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 07286080 2024-06-30 07286080 2025-06-30 07286080 2024-07-01 2025-06-30 07286080 2023-06-30 07286080 2023-07-01 2024-06-30 07286080 2024-06-30 07286080 ns0:CharitableCompanyLimitedByGuarantee 2024-07-01 2025-06-30 07286080 ns15:PoundSterling 2024-07-01 2025-06-30 07286080 ns0:Trustee1 2024-07-01 2025-06-30 07286080 ns0:Trustee2 2024-07-01 2025-06-30 07286080 ns0:Trustee3 2024-07-01 2025-06-30 07286080 ns0:Trustee4 2024-07-01 2025-06-30 07286080 ns0:Trustee5 2024-07-01 2025-06-30 07286080 ns11:FRS102 2024-07-01 2025-06-30 07286080 ns11:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 07286080 ns11:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 07286080 ns11:FullAccounts 2024-07-01 2025-06-30 07286080 ns0:CharitiesSORP 2024-07-01 2025-06-30 07286080 ns16:EnglandWales 2024-07-01 2025-06-30 07286080 ns11:RegisteredOffice 2024-07-01 2025-06-30 07286080 ns0:Activity9 2024-07-01 2025-06-30 07286080 ns0:Activity9 2023-07-01 2024-06-30 07286080 ns0:TotalUnrestrictedFunds 2025-06-30 07286080 2 2024-07-01 2025-06-30 07286080 ns10:WithinOneYear 2025-06-30 07286080 ns10:WithinOneYear 2024-06-30

REGISTERED COMPANY NUMBER: 07286080 (England and Wales)

REGISTERED CHARITY NUMBER: 1143984

| The Water Tap Foundation |

| Report of the Trustees and |

| Unaudited Financial Statements |

| for the Year Ended 30 June 2025 |

| The Water Tap Foundation |

Contents of the Financial Statements

for the Year Ended 30 June 2025

| Page |

| Report of the Trustees | 1 |  | to |  | 2

| Statement of Financial Activities | 3 |

| Balance Sheet | 4 |

| Notes to the Financial Statements | 5 |  | to |  | 7

| The Water Tap Foundation (Registered number: 07286080) |

Report of the Trustees

for the Year Ended 30 June 2025

The trustees are pleased to present their annual directors' report together with the financial statements of the charity for the year ending 30 June 2025 which are also prepared to meet the requirements for a directors' report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

OBJECTIVES AND ACTIVITIES

Objectives, aims and public benefit

The charity aims to make a permanent difference by providing clean water to impoverished local communities and offer educational, consultative and practical assistance.

Ways of achieving its aim include the following:

- Enlisting the assistance of engineers, surveyors and hydro-geologists to advise on the most cost effective ways to bring clean tap water to the largest population possible.

- Enlisting the assistance of the indigenous communities and giving them ownership and empowerment to help create their own water supply and sustain it.

- Promoting good working relationships between the charity and all stakeholders including the countries authorities.

The initial focus of the charity has been on Malawi, one of the world's poorest countries. Malawi was devastated by HIV, water-borne diseases and drought which resulted in a fragile population which, for a while, consisted largely of very old people and children. In November 2024, we responded to a call for help in Zambia. We have now completed a project in southern Zambia (Chikankata) where there has been a very lengthy drought and where access to safe drinking water supply and sanitation facilities is low. In many villages, women and children walk long distances to get water. A further project is planned for the western region of the country.

The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.

Volunteers

The charity relies on non-fee earning volunteers for fundraising purposes. The value of their work is not quantifiable, and this is not quantified, within the accounts.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

During the year, voluntary income (i.e. donations) was £673.00

Total funds carried forward at the year end were £4,831 a decrease of £20,151 from the previous year.

FINANCIAL REVIEW

Principal funding sources

The charity relies heavily on public donations to enable it to perform its core activities.

Expenses properly incurred by trustees on the charity's activities are reimbursed to them by the charity. However, the trustees or their families make donations to the charity of equal or greater amounts. The overall effect, therefore, is that all donations received from third parties are used directly for water provision projects and are not, other than for accountants' fees (governance costs), spent on the charity's overhead expenses.

Reserves policy

It is the policy of the trustees to further generate income in order to carry out more projects in the future. The reserves held at 30 June 2025 are £4,831 (2024: £24,982).

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing documents, a Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

The board appoints trustees as and when the need arises. As specified by the Articles of Association the

minimum number of trustees shall be three. The number of trustees for this period is four.

| The Water Tap Foundation (Registered number: 07286080) |

Report of the Trustees

for the Year Ended 30 June 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Related parties

Except as disclosed in Note 2, there were no related party transactions for the year ended 30 June 2025

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure

appropriate controls are in place to provide reasonable assurance against fraud and error. In view of the very low level in the charity's accounts, risk management requirements are minimal.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

07286080 (England and Wales)

Registered Charity number

1143984

Registered office

Charter House

Wyvern Court, Stanier Way

Wyvern Business Park

Derby

Derbyshire

DE21 6BF

Trustees

Dr N E Frater

Ms C Joseph-Lewis

Mr K Boldeau

Mr D Abdul

Dr I Ukachukwu (appointed 26/08/2025)

Approved by order of the board of trustees on 7 January 2026 and signed on its behalf by:

Dr N E Frater - Trustee

| The Water Tap Foundation |

Statement of Financial Activities

(Incorporating an Income and Expenditure Account)

for the Year Ended 30 June 2025

| 2025 |  | 2024

| Unrestricted |  | Total

| fund |  | funds

| Notes | £ | £ |

INCOME AND ENDOWMENTS FROM

Donations and legacies | 3,828 |  | 673 |

EXPENDITURE ON

Raising funds | 36 |  | - |

Charitable activities

Core Water Provision Projects | 23,190 |  | - |

Other | 753 |  | 748 |

Total | 23,979 |  | 748 |

NET INCOME/(EXPENDITURE) | (20,151 | ) | (75 | )

RECONCILIATION OF FUNDS

Total funds brought forward | 24,982 |  | 25,057 |

TOTAL FUNDS CARRIED FORWARD | 4,831 |  | 24,982 |

| The Water Tap Foundation (Registered number: 07286080) |

Balance Sheet

30 June 2025

| 2025 |  | 2024

| Unrestricted |  | Total

| fund |  | funds

| Notes | £ | £ |

CURRENT ASSETS |

Debtors | 3 | 2,093 |  | - |

Cash at bank | 6,578 |  | 25,522 |

8,671 |  | 25,522 |

NET CURRENT ASSETS | 8,671 |  | 25,522 |

TOTAL ASSETS LESS CURRENT LIABILITIES | 8,671 |  | 25,522 |

ACCRUALS AND DEFERRED INCOME | 4 | (3,840 | ) | (540 | )

NET ASSETS | 4,831 |  | 24,982 |

FUNDS | 5

Unrestricted funds | 4,831 |  | 24,982 |

TOTAL FUNDS | 4,831 |  | 24,982 |

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) | ensuring that the charitable company keeps accounting records that 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 charitable company as at the end of each financial year and of its surplus or deficit 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 charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 7 January 2026 and were signed on its behalf by:

N E Frater - Trustee

| The Water Tap Foundation |

Notes to the Financial Statements

for the Year Ended 30 June 2025

1. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Income

| All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

| Expenditure

| Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

| Fund accounting

| Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

| Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. At present, none of the funds are restricted.

| Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2. | TRUSTEES' REMUNERATION AND BENEFITS

| There were no trustees' remuneration or other benefits for the year ended 30 June 2025 nor for the year ended 30 June 2024.

| Trustees' expenses

| 2025 |  | 2024

£ | £ |

| Trustees' expenses | 3,264 |  | - |  |

| Expenses properly incurred by trustees on the charity's activities are reimbursed to them by the charity. However, the trustees or their families make donations to the charity of equal or greater amounts. The overall effect, therefore, is that all donations received from third parties are used directly for water provision projects and are not, other than for accountants' fees (governance costs), spent on the charity's overhead expenses.

| The Water Tap Foundation |

Notes to the Financial Statements - continued

for the Year Ended 30 June 2025

3. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025 | 2024 |

£ | £ |

| Trade debtors | 2,093 |  | - |  |

4. | ACCRUALS AND DEFERRED INCOME

2025 | 2024 |

£ | £ |

| Accruals and deferred income | 3,840 |  | 540 |  |

5. | MOVEMENT IN FUNDS

| Net |  |

| movement |  | At |

| At 1.7.24 |  | in funds |  | 30.6.25 |

£ | £ | £ |

| Unrestricted funds

| General fund | 24,982 |  | (20,151 | ) | 4,831 |  |

| TOTAL FUNDS | 24,982 |  | (20,151 | ) | 4,831 |  |

| Net movement in funds, included in the above are as follows:

| Incoming |  | Resources |  | Movement |

| resources |  | expended |  | in funds |

£ | £ | £ |

| Unrestricted funds

| General fund | 3,828 |  | (23,979 | ) | (20,151 | ) |

| TOTAL FUNDS | 3,828 |  | (23,979 | ) | (20,151 | ) |

| Comparatives for movement in funds

| Net |  |

| movement |  | At |

| At 1.7.23 |  | in funds |  | 30.6.24 |

£ | £ | £ |

| Unrestricted funds

| General fund | 25,057 |  | (75 | ) | 24,982 |  |

| TOTAL FUNDS | 25,057 |  | (75 | ) | 24,982 |  |

| Comparative net movement in funds, included in the above are as follows:

| Incoming |  | Resources |  | Movement |

| resources |  | expended |  | in funds |

£ | £ | £ |

| Unrestricted funds

| General fund | 673 |  | (748 | ) | (75 | ) |

| TOTAL FUNDS | 673 |  | (748 | ) | (75 | ) |

| The Water Tap Foundation |

Notes to the Financial Statements - continued

for the Year Ended 30 June 2025

5. | MOVEMENT IN FUNDS - continued

| A current year 12 months and prior year 12 months combined position is as follows:

| Net |  |

| movement |  | At |

| At 1.7.23 |  | in funds |  | 30.6.25 |

£ | £ | £ |

| Unrestricted funds

| General fund | 25,057 |  | (20,226 | ) | 4,831 |  |

| TOTAL FUNDS | 25,057 |  | (20,226 | ) | 4,831 |  |

| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

| Incoming |  | Resources |  | Movement |

| resources |  | expended |  | in funds |

£ | £ | £ |

| Unrestricted funds

| General fund | 4,501 |  | (24,727 | ) | (20,226 | ) |

| TOTAL FUNDS | 4,501 |  | (24,727 | ) | (20,226 | ) |

6. | RELATED PARTY DISCLOSURES

| There were no related party transactions for the year ended 30 June 2025.