Registration number:
The Thirst Alternative Limited
for the Year Ended 28 February 2026
The Thirst Alternative Limited
Contents
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Company Information |
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Director's Report |
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Accountants' Report |
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Abridged Balance Sheet |
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Notes to the Unaudited Abridged Financial Statements |
The Thirst Alternative Limited
Company Information
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Director |
Mr C Daniels |
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Registered office |
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Accountants |
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The Thirst Alternative Limited
Director's Report for the Year Ended 28 February 2026
The director presents his report and the abridged financial statements for the year ended 28 February 2026.
Director of the company
The director who held office during the year was as follows:
Principal activity
The principal activity of the company is is the provision and maintenance of water coolers.
Going concern
The director has made an assessment of the company’s ability to continue as a going concern. They have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
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Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
The Thirst Alternative Limited
for the Year Ended 28 February 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Thirst Alternative Limited for the year ended 28 February 2026 as set out on pages 4 to 9 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.
This report is made solely to the Board of Directors of The Thirst Alternative Limited, as a body, in accordance with the terms of our engagement letter dated 11 April 2014. Our work has been undertaken solely to prepare for your approval the accounts of The Thirst Alternative Limited and state those matters that we have agreed to state to the Board of Directors of The Thirst Alternative Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Thirst Alternative Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that The Thirst Alternative Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of The Thirst Alternative Limited. You consider that The Thirst Alternative Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of The Thirst Alternative Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Warrington
Cheshire
WA1 4QT
The Thirst Alternative Limited
(Registration number: 06840329)
Abridged Balance Sheet as at 28 February 2026
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Note |
2026 |
2025 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Prepayments and accrued income |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
- |
( |
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Accruals and deferred income |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
1,000 |
1,000 |
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Retained earnings |
119,660 |
82,388 |
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Shareholders' funds |
120,660 |
83,388 |
For the financial year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.
The Thirst Alternative Limited
(Registration number: 06840329)
Abridged Balance Sheet as at 28 February 2026
Approved and authorised by the director on
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Mr C Daniels
Director
The Thirst Alternative Limited
Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2026
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
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Asset class |
Depreciation method and rate |
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Plant and machinery |
25% on reducing balance |
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Fixtures and fittings |
15% on reducing balance |
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Computer equipment |
33% on cost |
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
The Thirst Alternative Limited
Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2026
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
The Thirst Alternative Limited
Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2026
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
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Tangible assets |
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Total |
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Cost or valuation |
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At 1 March 2025 |
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Additions |
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Disposals |
( |
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At 28 February 2026 |
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Depreciation |
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At 1 March 2025 |
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Charge for the year |
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Eliminated on disposal |
( |
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At 28 February 2026 |
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Carrying amount |
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At 28 February 2026 |
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At 28 February 2025 |
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Creditors |
Creditors: amounts falling due within one year
Included within Creditors amounts falling due within one year is a bounceback loan provided by the companies bank with a nominal interest rate of 2.5% p.a. The carrying amount at year end is £3,000 (2024 - £3,000).
Creditors: amounts falling due after more than one year
Included within Creditors amounts falling due after more than one year is a bounceback loan provided by the companies bank with a nominal interest rate of 2.5% p.a. The carrying amount at year end is £750 (2024 - £3,750).
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Dividends |
Interim dividends paid
The Thirst Alternative Limited
Notes to the Unaudited Abridged Financial Statements for the Year Ended 28 February 2026
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2026 |
2025 |
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Interim dividend of £ |
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