REGISTERED NUMBER: 12025511 (England and Wales)

Waterdrop Microdrink Ltd

Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M D Murray

REGISTERED OFFICE:

107-111 Fleet Street

Ludgate House

London

EC4A 2AB

REGISTERED NUMBER:

12025511 (England and Wales)

AUDITORS:

TC Group

Statutory Auditor

Sterling House

97 Lichfield Street

Tamworth

Staffordshire

B79 7QF

FIXED ASSETS

Tangible assets

4

194,957

-

CURRENT ASSETS

Stocks

38,286

-

Debtors

5

7,426

6,970

Cash at bank

23,045

22,093

68,757

29,063

CREDITORS

Amounts falling due within one year

6

249,211

22,964

NET CURRENT (LIABILITIES)/ASSETS

(180,454

)

6,099

TOTAL ASSETS LESS CURRENT LIABILITIES

14,503

6,099

PROVISIONS FOR LIABILITIES

2,995

-

NET ASSETS

11,508

6,099

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

11,408

5,999

SHAREHOLDERS' FUNDS

11,508

6,099

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 director and authorised for issue on 22 April 2026 and were signed by:

M D Murray - Director

1.	STATUTORY INFORMATION

Waterdrop Microdrink Ltd 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.

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.

Going concern

The financial statements have been prepared on a going concern basis. The directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment and have a reasonable expectation that the company will continue in operational existence for the foreseeable future.

In addition, the company has the support of it's parent undertaking Waterdrop Microdrink GmbH. Waterdrop Microdrink GmbH have indicated that support is ongoing and will not be withdrawn for 12 months from the date of approval of these financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Other income includes a marketing contribution received from the company's parent undertaking.

Tangible fixed assets

Fixed assets are initially recorded at cost.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Plant and equipment

- 3 to 10 years straight line (monthly basis)

Government grants

Grants which are of a revenue nature are credited to the profit and loss account in the same period as the related expenditure.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

209,459

At 31 December 2024

209,459

DEPRECIATION

Charge for year

14,502

At 31 December 2024

14,502

NET BOOK VALUE

At 31 December 2024

194,957

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

-

5,619

Other debtors

7,426

1,351

7,426

6,970

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

22,886

1,674

Amounts owed to group undertakings

185,419

-

Taxation and social security

-

3,118

Other creditors

40,906

18,172

249,211

22,964

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Stephen Butler BA FCA (Senior Statutory Auditor)

for and on behalf of TC Group

9.	RELATED PARTY DISCLOSURES

During the year, market support income was received from the parent company Waterdrop Microdrink GmbH, totalling £150,203 (2023: £120,525).

At the year end the company owed £185,419 to the parent company (2023: £5,619 owed from the parent company).

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Waterdrop Microdrink GMBH.

Erika-Krenn Promenade 15

1100 Vienna, Austria