Water= H2O which is 1 part hydrogen and 2 parts oxygen. It blasts carbon off the piston tops and upper rings when used sparingly. Basically, it is glorified steam cleaning the top end of and engine in-cylinder.
I grew up learning how to de-carbon engine top ends back in the 60s-70s before emissions systems came along. The water being cold or hot really does not matter.
On a small engine use a spray bottle and keep the engine RPM up on high throttle to prevent stalling. It only takes a couple of minutes.
Don't get carried away and think "more is better", it is not.