REGISTERED CHARITY NUMBER: 1168653
Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025 for The Hydration Foundation
Wormald & Partners Chartered Accountants (ICAEW) Brunel House
11 The Promenade Clifton Down Bristol BS8 3NG
The Hydration Foundation
Contents of the Financial Statements for the Year Ended 31 March 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 8 |
| Detailed Statement of Financial Activities | 9 |
The Hydration Foundation
Report of the Trustees for the Year Ended 31 March 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a charitable incorporated organisation.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number (England and Wales) CE008476
Registered Charity number 1168653
Registered Office Dyrham Lodge 16 Clifton Park Clifton Bristol BS8 3BY
Trustees M Moran M A Evans S A Travis
Approved by order of the board of trustees on 3 December 2025 and signed on its behalf by:
M Moran - Trustee
Page 1
Independent Examiner's Report to the Trustees of The Hydration Foundation
Independent examiner's report to the trustees of The Hydration Foundation
I report to the charity trustees on my examination of the accounts of The Hydration Foundation (the Trust) for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Sam Alker FCCA
Wormald & Partners Chartered Accountants (ICAEW) Brunel House 11 The Promenade Clifton Down Bristol BS8 3NG
3 December 2025
Page 2
The Hydration Foundation
Statement of Financial Activities for the Year Ended 31 March 2025
| 2025 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 16,050 EXPENDITURE ON Raising funds 216 Other 35,888 Total 36,104 NET INCOME/(EXPENDITURE) (20,054) RECONCILIATION OF FUNDS Total funds brought forward 44,400 TOTAL FUNDS CARRIED FORWARD 24,346 |
2024 Total funds £ 38,511 216 31,173 31,389 7,122 37,278 44,400 |
|---|---|
The notes form part of these financial statements
Page 3
The Hydration Foundation
Balance Sheet
31 March 2025
| 2025 Unrestricted fund Notes £ CURRENT ASSETS Cash at bank 41,944 CREDITORS Amounts falling due within one year 4 (11,590) NET CURRENT ASSETS 30,354 TOTAL ASSETS LESS CURRENT LIABILITIES 30,354 CREDITORS Amounts falling due after more than one year 5 (6,008) NET ASSETS 24,346 FUNDS 7 Unrestricted funds 24,346 TOTAL FUNDS 24,346 |
2024 Total funds £ 71,555 (11,053) 60,502 60,502 (16,102) 44,400 44,400 44,400 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 3 December 2025 and were signed on its behalf by:
M Moran - Trustee
The notes form part of these financial statements
Page 4
The Hydration Foundation
Notes to the Financial Statements for the Year Ended 31 March 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, 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 Charities Act 2011. 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.
Taxation
The charity is exempt from tax on its charitable activities.
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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 38,511 |
| EXPENDITURE ON | |
| Raising funds | 216 |
| Other | 31,173 |
| Total | 31,389 |
| NET INCOME | 7,122 |
Page 5
continued...
The Hydration Foundation
| Notes to the Financial Statements- continued | Notes to the Financial Statements- continued | |||
|---|---|---|---|---|
| for the Year Ended 31 March | 2025 | |||
| 3. | COMPARATIVES FOR THE | STATEMENT OF FINANCIAL ACTIVITIES - continued | ||
| Unrestricted | ||||
| fund | ||||
| £ | ||||
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 37,278 | |||
| TOTAL FUNDS CARRIED FORWARD | 44,400 | |||
| 4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| Bank loans and overdrafts (see note 6) | 2025 2024 £ £ 10,095 9,846 |
|||
| Other creditors | 1,495 1,207 |
|||
| 11,590 11,053 |
||||
| 5. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | |||
| Bank loans (see note 6) | 2025 2024 £ £ 6,008 16,102 |
|||
| 6. | LOANS | |||
| An analysis of the maturity of | loans is given below: | |||
| Amounts falling due within one year on demand: | 2025 2024 £ £ |
|||
| Bank loans | 10,095 9,846 |
|||
| Other loans | 1,220 944 |
|||
| 11,315 10,790 |
||||
| Amounts falling due between | two and five years: | |||
| Bank loans - 2-5 years | 6,008 16,102 |
|||
| 7. | MOVEMENT IN FUNDS | |||
| Unrestricted funds | At 1.4.24 £ |
Net movement At in funds 31.3.25 £ £ |
||
| General fund | 44,400 | (20,054) 24,346 |
||
| TOTAL FUNDS | 44,400 | (20,054) 24,346 |
Page 6
continued...
The Hydration Foundation
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
7. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 16,050 | (36,104) | (20,054) |
| TOTAL FUNDS | 16,050 | (36,104) | (20,054) |
| Comparatives for movement in funds | |||
| Unrestricted funds | At 1.4.23 £ |
Net movement in funds £ |
At 31.3.24 £ |
| General fund | 37,278 | 7,122 | 44,400 |
| TOTAL FUNDS | 37,278 | 7,122 | 44,400 |
| Comparative net movement in funds, included in the above are as follows: | |||
| Unrestricted funds | Incoming resources £ |
Resources expended £ |
Movement in funds £ |
| General fund | 38,511 | (31,389) | 7,122 |
| TOTAL FUNDS | 38,511 | (31,389) | 7,122 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds | At 1.4.23 £ |
Net movement At in funds 31.3.25 £ £ |
|---|---|---|
| General fund | 37,278 | (12,932) 24,346 |
| TOTAL FUNDS | 37,278 | (12,932) 24,346 |
Page 7
continued...
The Hydration Foundation
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
7. MOVEMENT IN FUNDS - continued
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 | 54,561 | (67,493) | (12,932) |
| TOTAL FUNDS | 54,561 | (67,493) | (12,932) |
8. RELATED PARTY DISCLOSURES
The company made purchases totalling £35,000 (2024 £30,000) from Hydrate for Health Limited, a company of which M Moran is a director.
Page 8
The Hydration Foundation
Detailed Statement of Financial Activities for the Year Ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 16,050 | 13,511 |
| Grants | - | 25,000 |
| 16,050 | 38,511 | |
| Total incoming resources | 16,050 | 38,511 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Subscriptions | 216 | 216 |
| Other | ||
| Bank loan interest | 538 | 782 |
| Support costs | ||
| Finance | ||
| Bank charges | 62 | 63 |
| Other | ||
| Purchases | 35,000 | 30,000 |
| Governance costs | ||
| Accountancy and legal fees | 288 | 328 |
| Total resources expended | 36,104 | 31,389 |
| Net (expenditure)/income | (20,054) | 7,122 |
This page does not form part of the statutory financial statements
Page 9