REGISTERED NUMBER: 07678828 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2025

for

Freshwater Associates Limited

T/A

Freshwaters

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P G Freshwater

S Freshwater

P Freshwater

SECRETARY:

REGISTERED OFFICE:

1 Gemini Court

42a Throwley Way

Sutton

Surrey

SM1 4AF

REGISTERED NUMBER:

07678828 (England and Wales)

ACCOUNTANTS:

Freshwater Associates Limited

1 Gemini Court

42a Throwley Way

Sutton

Surrey

SM1 4AF

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

66,820

73,135

66,820

73,135

CURRENT ASSETS

Debtors

6

452,032

394,675

Cash at bank and in hand

111,536

104,765

563,568

499,440

CREDITORS

Amounts falling due within one year

7

384,566

305,916

NET CURRENT ASSETS

179,002

193,524

TOTAL ASSETS LESS CURRENT LIABILITIES

245,822

266,659

CREDITORS

Amounts falling due after more than one year

8

-

(58,823

)

PROVISIONS FOR LIABILITIES

(1,931

)

(1,931

)

NET ASSETS

243,891

205,905

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

243,791

205,805

SHAREHOLDERS' FUNDS

243,891

205,905

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 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.

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 22 June 2026 and were signed on its behalf by:

P Freshwater - Director

S Freshwater - Director

1.	STATUTORY INFORMATION

Freshwater Associates 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.

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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 24 ).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2024

and 30 September 2025

71,969

AMORTISATION

At 1 October 2024

and 30 September 2025

71,969

NET BOOK VALUE

At 30 September 2025

-

At 30 September 2024

-

5.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 October 2024

7,250

133,386

227,444

368,080

Additions

-

-

15,958

15,958

At 30 September 2025

7,250

133,386

243,402

384,038

DEPRECIATION

At 1 October 2024

4,956

91,181

198,808

294,945

Charge for year

573

10,551

11,149

22,273

At 30 September 2025

5,529

101,732

209,957

317,218

NET BOOK VALUE

At 30 September 2025

1,721

31,654

33,445

66,820

At 30 September 2024

2,294

42,205

28,636

73,135

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Motor

Vehicles

£

COST

At 1 October 2024

and 30 September 2025

133,386

DEPRECIATION

At 1 October 2024

91,181

Charge for year

10,551

At 30 September 2025

101,732

NET BOOK VALUE

At 30 September 2025

31,654

At 30 September 2024

42,205

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

354,950

307,702

Amounts recoverable on contract

75,696

72,000

Other debtors

21,386

14,973

452,032

394,675

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

100,610

78,721

Taxation and social security

198,740

162,764

Other creditors

85,216

64,431

384,566

305,916

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

58,823